11-27-2006, 01:12 AM
Here is the post that got us kicked off. For us adsmart was the last straw!
We were quit on the boards just laying low for a while to see what would happen there. I didn't even see the news about adsmart for a few days but once I did that was it.
let the truth be told
u1it4less - "it's all in the name..."
Quote:I am confused about a few things and would like them addressed once and for all.
1) Below you will find the site goals for the next three years as stated in wagglepop today however it seems these goals are false or someone did not get to the corporate accountant at wagglepop after the fee increase on the big site and tell him his math is fuzzy. It seems to me that wagglepop has turned a small profit the past few months or they need to restate there goals so we don't think that. I remember back when I registered there were over 900 registered stores in September and over 100,000 listings as well. The store count has decreased but the listings have gone up. It has been stated that if your account was not in good standing you would be terminated. As of today 11/21/06 there is 701 stores ( 35 featured or showcase and 666 basic ) which translates to about $9000.00 in revenue for wagglepop each month. I would say the total site revenue with store fees and all other fees is less than $15000.00 a month although that is my estimate. Please restate the goals to reflect the correct "Break Even" mark or stop lying about a so called loss that wagglepop is having each month. The benchmark should match what you are saying or are we all taken for fools!
Date        Benchmark     Listings (All Formats)     Stores**
As of       11/5/06 Current     158,841            724
June 2007Â Â Â "Break Even"Â Â Â Â Â Â Â Â 35,000Â Â Â Â Â Â Â Â Â Â Â Â 700***
June 2008Â Â Intermediate Goal 1%Â Â 550,000Â Â Â Â Â Â Â Â Â Â Â 1,250
June 2009Â Â Â Site Goal 1.5%Â Â Â Â Â Â 825,000Â Â Â Â Â Â Â Â Â Â Â 1,875
2) Adsmart:
   a) are you going to eliminate the featured listing option? It seems senseless to pay $4.95 to be at the top of a catagory when you can spend a dime for a keyword ad and be in a better spot.
   b) isn't this just a simple keyword linked text ad?
   c) also how will wagglepop copyright adsmart when this name is already owned by another website.
   d) wouldn't it be better for wagglepop to purchase "adwords" off another site if you know what I mean to drive traffic to wagglepop?
   e) isn't this just another way to bilk sellers of money for onsite advertising and shouldn't it be included in the smart sell pro package?
   f) don't we have enough onsite advertising? wouldn't some good offsite advertising bring more buyers and sellers here if we are going to pay for it through adsmart?
3) Sales:
  Does the sales report include sales that were bogus such as from scammers? If so can we get a more acurate number? For instance I have had 6 sales so far 4 of which were bogus from scammers. Is this accounted for in the sales report?
I have more but that is enough for now. Please clear up these issues in this post. If you disagree with these questions feel free to disagree. Proof is in the print and some would like to know.
We were quit on the boards just laying low for a while to see what would happen there. I didn't even see the news about adsmart for a few days but once I did that was it.
let the truth be told
u1it4less - "it's all in the name..."