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  1. #1
    ABW Ambassador
    Join Date
    January 18th, 2005
    Posts
    1,916
    ---------------------------------------------
    We are sorry to announce that The Right Start, FAO Schwarz, and
    Zany Brainy Affiliate programs through Performics will be
    discontinued due to lack of payment. Performics is making every
    effort to ensure prompt payment from these marketers



    Effective immediately all banners or other links for The Right
    Start, FAO Schwarz, and Zany Brainy should be removed.



    We apologize for any inconvenience that this has caused. Please
    feel free to contact us with any questions that you may have.
    ---------------------------------------------

    --
    The Newer Nicer Joseph

  2. #2
    Member
    Join Date
    January 18th, 2005
    Posts
    133
    Things don't look good for FAO. The stock is at 38 cents and dropping.

    FAO stock quote and chart

  3. #3
    Member
    Join Date
    January 18th, 2005
    Posts
    155
    This is the 2nd time that Zany Brainy stiffed us on commissions (I'm sure we'll never get paid). It'll be justice if they go out of business. Everyone raves about their stores, yet they were in bankrupcy not that long ago (no idea what the current status of this is). They must be run by the same morons I used to work for before I started my internet company!

  4. #4
    2005 Linkshare Golden Link Award Winner  ecomcity's Avatar
    Join Date
    January 18th, 2005
    Location
    St Clair Shores MI.
    Posts
    17,328
    Bankrupsy can bite you big time as the Brick-n-mortars by affiliate commissions on the bottom of the credit lists,

    Webmaster Mike

    "Anyone can make a dollar, it is when you make sense that it starts to add up."...does your eBiz plan make sense?

  5. #5
    ABW Ambassador flamingoworld's Avatar
    Join Date
    January 18th, 2005
    Posts
    5,208
    I find it suspicous how they got their affiliate programs rolling just in time for Holiday Shopping and now that they got the sales they get deactivated for non-payment. I suspect they had this planned all along. Too bad performics didn't get some kind of escrow from them so we could get paid.

    I guess this should be a lesson to us, if we get stiffed once, don't give them a second chance. Chances are they will do it again.

    Connie Berg
    www.flamingoworld.com


  6. #6
    ABW Ambassador
    Join Date
    January 18th, 2005
    Posts
    1,916
    Packster posted this in the other thread, but, to be complete, followup email:

    <BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Dear Valued Affiliate:

    We value your contribution, as an FAO Schwarz, The Right Start, and
    Zany Brainy affiliate and a member of the Performics network. We
    want to make sure you are aware of an important situation. On January
    13, 2003, FAO Schwarz, The Right Start, and Zany Brainy filed
    Chapter 11 bankruptcy. While this situation is unfortunate it does
    not mean that these three properties are going of out of business.
    It does, however, mean that neither Performics nor its affiliates
    will be able to collect fees for traffic driven over the last 3
    months and that Performics will no longer be working with these
    marketers. Each of the three accounts have been deactivated.

    Performics makes every effort to ensure prompt payment from
    marketers and has processes in place to minimize bad debt. FAO
    Schwarz, The Right Start, and Zany Brainy owes Performics and
    affiliates for recent activity but unfortunately the bankruptcy
    filing eliminates the debt. In the case of a Chapter 11 filing
    Performics has no means collecting for the past obligation.

    We regret this situation and appreciate your work with Performics
    and our other marketers. If you have any questions, please do not
    hesitate to contact us.

    Thank you for your support.


    Sincerely,

    Performics<HR></BLOCKQUOTE>


    SUCK.

    --


    Guess I'll get a notice in the mail from the court... will add it to my pile of Dot Bomb ones that owe...

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