Apmex closing affiliate program

BurgerBoy · #1 September 8th, 2011, 08:34 PM

Got this email today:

Dear APMEX Affiliates:

As the one-year anniversary mark for the APMEX Affiliate program passes, we reflect on the relationships made and valuable work that you, our affiliates, have put toward the program and to thank you for your partnership and commitment.

We regret to inform you, however, that after careful consideration we have decided to terminate the APMEX Affiliate Program effective September 22, 2011. As our business priorities continue to evolve we may consider re-engaging in an affiliate initiative in the future.

In an effort to make this transition as smooth as possible for you, APMEX is committed to being available to answer any questions you may have.

Our drawdown plan is a follows:

Link deactivation: APMEX will deactivate all affiliate links on September 22, 2011. This means that any APMEX banner ads or text links that appears on your site will show an error message when clicked.

Ad removal: We kindly request that you please remove any APMEX ads or text links from your website by September 22, 2011 to assure that your clients don't experience an error message when attempting to click through to the APMEX site.

Commission payouts: Final commissions will be paid in keeping with the current action life cycle and the affiliate payment policy as stated in the Publisher Service Agreement.

Once again, thank you for your effort and partnership as an APMEX affiliate. If you have any questions regarding the program termination please contact Cashlie White.

We wish you much success in the future.

800-249-1074

Chuck Hamrick · #2 September 8th, 2011, 11:21 PM

So the recession continues, gold is sky high and they close their affiliate program? make me think that they have people beating a path to their door so they don't need affiliate traffic. Seems there was another gold vendor at ASE11.

Affcube · #3 September 9th, 2011, 06:49 AM

Well, i don't think it is because they are making tones of cash, my opinion and experience, the affiliate channel perhaps was not producing the multiple they require and the hassle was not worth it.

It has happened with one of my previous companies and e had to do same - it was a financial company. we worked out that affiliates were not targeting the right demographics and that only 6% of affiliates were actually profitable.

so, note of warning to all affiliate managers, manage your accounts well

or lights out

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#1 September 8th, 2011, 08:34 PM
BurgerBoy Moderator Join Date: January 18th, 2005 Location: Kentucky Posts: 8,236	Apmex closing affiliate program Got this email today: Dear APMEX Affiliates: As the one-year anniversary mark for the APMEX Affiliate program passes, we reflect on the relationships made and valuable work that you, our affiliates, have put toward the program and to thank you for your partnership and commitment. We regret to inform you, however, that after careful consideration we have decided to terminate the APMEX Affiliate Program effective September 22, 2011. As our business priorities continue to evolve we may consider re-engaging in an affiliate initiative in the future. In an effort to make this transition as smooth as possible for you, APMEX is committed to being available to answer any questions you may have. Our drawdown plan is a follows: Link deactivation: APMEX will deactivate all affiliate links on September 22, 2011. This means that any APMEX banner ads or text links that appears on your site will show an error message when clicked. Ad removal: We kindly request that you please remove any APMEX ads or text links from your website by September 22, 2011 to assure that your clients don't experience an error message when attempting to click through to the APMEX site. Commission payouts: Final commissions will be paid in keeping with the current action life cycle and the affiliate payment policy as stated in the Publisher Service Agreement. Once again, thank you for your effort and partnership as an APMEX affiliate. If you have any questions regarding the program termination please contact Cashlie White. We wish you much success in the future. 800-249-1074 __________________ ABW Forum Rules - Advertise At ABW - None are so hopelessly enslaved as those who falsely believe they are free (J. W. Von Goethe) Best Shopping Center - We Offer Body Piercing By Smith & Wesson - Police & Military Shopping Mall

#2 September 8th, 2011, 11:21 PM
Chuck Hamrick ABestWeb Admin Join Date: October 5th, 2005 Location: Park City Utah Posts: 8,004	So the recession continues, gold is sky high and they close their affiliate program? make me think that they have people beating a path to their door so they don't need affiliate traffic. Seems there was another gold vendor at ASE11. __________________ Hamrick.biz Affiliate Support Forum FaceBook\|Twitter\|Meet-up\|LinkedIn \|Email Me\|T: (435) 277-0449

#3 September 9th, 2011, 06:49 AM
Affcube Newbie Join Date: September 9th, 2011 Location: London, UK Posts: 2	Well, i don't think it is because they are making tones of cash, my opinion and experience, the affiliate channel perhaps was not producing the multiple they require and the hassle was not worth it. It has happened with one of my previous companies and e had to do same - it was a financial company. we worked out that affiliates were not targeting the right demographics and that only 6% of affiliates were actually profitable. so, note of warning to all affiliate managers, manage your accounts well or lights out