The News Review:
- EBay Competitor Launches New Storefronts and Affiliate Plans
- City National Corp. Reports Third-Quarter 2008 Net Income of $16.6 …
- Does Yahoo! Even Care Anymore?
- GameAccount.com Affiliate Program Unveils New Commission Structure
- Baidu profit up 91% in 3rd quarter
EBay Competitor Launches New Storefronts and Affiliate Plans
ECommerce-Guide, United States
In regard to the buying experience, shoppers can add stores to their favorites list, and sellers are able to keep shoppers within their specific stores, as they won’t see other similar merchandise from other Storefronts or the catalog until they are ready to leave that specific Wigix store. Wigix Affiliate ProgramIn addition to the launch of its new Storefronts service, Wigix is also launching an Affiliate Program for those looking to generate revenue without selling products on the site. Here, Web site and blog publishers can earn affiliate revenue by referring new members to the Wigix site or by recommending products from Wigix customers on their Web spaces. Sellers can also take advantage of the Affiliate Program by referring buyers to their own stores. Every item listed on Wigix has an embeddable widget tied to it that makes linking to products related to your site content easy. With the launch of the affiliate program, Wigix now offers three revenue generating methods:
Category Expert: Submit and manage unique items from top to bottom in an entire category and get compensated by receiving 1 percent of that category’s revenue (both advertising and transaction fees). Homesteaders: Submit a new item to a category and earn 5 percent of that item’s revenues (both advertising and transaction fees).
City National Corp. Reports Third-Quarter 2008 Net Income of $16.6 …
MarketWatch
City National’s money-market funds and managed fixed-income accounts grew as the result of a flight to safety by investors during a time of market volatility. However, this growth was offset by a decline in assets under management at the company’s wealth management affiliates. This decline was due in part to an anticipated shift of funds by the former owner of City National’s institutional asset management affiliate to its own in-house manager. Assets under management also were significantly affected by lower market valuations. As a result of lower valuations and asset mix changes, trust and investment fees fell 11 percent from the third quarter of 2007. Brokerage and mutual fund fees rose 25 percent from the third quarter of last year, due largely to the growth of money-market fund balances. These fees grew 4 percent from the second quarter of 2008, reflecting an increase of 11 percent — or $719 million — in brokerage assets.
Related: McClatchy Battles Advertising Slump
Does Yahoo! Even Care Anymore?
Motley Fool
It’s just not where you expect to find it. After all, Yahoo! has done nothing but hammer its leadership position in display advertising — over Google’s bread-and-butter search stronghold — but display advertising is up just 3% over the past year. Yahoo! beats its chest about how its ad-serving technologies make it an attractive draw to newspaper consortiums and third-party publishers, yet affiliate revenue actually fell by 10% during the quarter. Where Yahoo! is growing well is in search. Yahoo! came through with a 17% year-over-year gain in search revenue on its owned and operated sites. It’s a line item that finally topped display revenue on Yahoo!’s own sites. Maybe it’s time for Yahoo! to embrace its role as a poor man’s Google instead of trying to distance itself with its string of display advertising-related acquisitions.
GameAccount.com Affiliate Program Unveils New Commission Structure
PR Web (press release), WA
The new commission structure offers affiliates the potential to earn a 50% rev share until the end of November. Affiliates will be able to earn these commissions by promoting any of their suite products which include games like Multiplayer Blackjack, Backgammon, Domino Duel, and Gin Rummy. Affiliates can earn 40% on $0-10,000 of revenue they refer, 45% on $10,001-25,000 of revenue, and 50% on all revenues they generate above $25,000. com will also be offering affiliates CPA commissions on an ongoing basis. For referring 1-10 players, affiliates will earn $50. They will also earn $60 for referring 11-20 players, and $70 for referring 21-30 players.
Baidu profit up 91% in 3rd quarter
International Herald Tribune, France
With competition rising in the fast-growing Web market in China, Baidu was branching out into other areas. Baidu began developing a new consumer-to-consumer platform a year ago. It was released in beta form last week, moving into a market dominated by Taobao, an affiliate of Alibaba. com, the top e-commerce company in the nation. Today in Business with Reuters.