Performance marketing company MediaWhiz has snatched up eBay affiliate marketing service AuctionAds, which launched back in March. The price was not disclosed. AuctionAds is an advertising widget that serves contextually relevant eBay auctions based on tags supplied by the publisher.
MediaWhiz had previously purchased another sensibly named advertising startup, TextLinkAds, last November (TextLinkAds is a long time TechCrunch sponsor). Since the acquisition TextLinkAds expanded into RSS ads on top of direct website linking.
AuctionAds has been paying out 100% of eBay affiliate fees to publishers. Since eBay pays fees based on the total business a partner drives, AuctionAds can generate their own additional revenue from a combined network while still paying out the same rates affiliates would receive on their own. Since launch, they have registered over 20,000 publishers on their network.
Similar services to AuctionAds include BooBox and FavoriteThingz.
AuctionAds was launched as a partnership between Shoemoney Media and MediaWhiz. MediaWhiz has purchased Jeremy Schoemaker’s majority ownership to fully acquire the company.
Wow cool news. I love AuctionAds
I am suprised eBay did not buy it!
AuctionAds has been fantastic for my sites. Looking forward to them growing.
Well, if they can do something to fix the non-responsive tech support, disappearing money from previous months and the blank ads on 20% of my displays then great. I’m not counting on anything changing though except getting paid less.
Everything Patrick touches goes to gold.
Shoe sold Auction Ads? Wow, I never saw that one coming. Congrats to both parties!
Seemed like the classic get and sell out strategy to me, Paul.
Glad to see it worked out for the guys.
The amount is greater than 6 and lower than 9
Any idea roughly how much he sold it for?
Good news for Shoe and company. I’m sure he’ll flow his cut into something that will turn out even bigger.
This program was making some people good money, it was only a matter of time! MediaWhiz got a deal on this one.
MediaWhiz is acquiring some sweet companies.
Congrats to both parties! sure million dollar again
I have been using auctionads on one of my sites and it was generating decent income for me.
Good luck to them.
Congrats to Shoemoney.
What affect will this be having on Bumpzee? I noticed this morning that the site was down.
Congrats to Shoemoney!
Hi
That takeover stories is really interesting. The company behind http://www.websitemade4u.com is very keen on developing innovative web based companies.
If your idea is chosen by them they will develop a strategy to develop it into a MILLION DOLLAR business.
I am waiting on my idea being accepted. Has anyone else sent them an email?
Shoemoney does it again. Congrats dude!