Amazon Goes From Quarterly To Monthly Payment
Amazon has announced that starting in 2007 it will be changing its payout from a quarterly payout schedule to a monthly payout schedule. This is a huge change for Amazon after sticking to the quarterly payout schedule for so long as the world changed around them.
The payouts will be made on a 60 day term. In other words after a month ends you will receive payment 60 days later. I'm not sure why they can't go to a 30 day payout that it seems everyone else is on. I mean if you're going to revamp your terms wouldn't you go to what is standard?
One other change of note is that their physical check sending fee has increased from $8 to $15. I'm guessing this is to simply get affiliates to go with EFT (Electronics Fund Transfer) rather than requiring the issuing of so many paper checks every month.
The only question I have is "What took them so long?"
I haven't had a lot of success with Amazon myself, though I have received a few payouts from them over the years.
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Posted on Fri Dec 22, 2006 at 01:20 AM | Permalink | Email This | Blogroll IOA! |
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While there may be some doom and gloom at the moment with online advertising budgets there is still going to be massive growth in the area in the coming years.
Online Digital Trackable Advertising is a major trend in the market place and at 8% saturation means it is approaching the strong growth in the S-Curve. It is predicted that it takes 50% of the time to reach 10% and the other 50% of the time to reach 90%. So far, roughly 10 years have passed with online advertising and that means that by 2020 we should be at or close to 90% of all advertising budgets using some or all online advertising for marketing.
There are many smaller players in the market that have not surfaced yet that are experiencing major growth such as FreeKii.com and as these grow and share the market for online advertising it skews the growth rate since they may not be included in top players for growth calculation.
The actual rate of growth in the next few years will be incredible and will make the last 10 years look pale in comparison. Remember the auto industry 100 years ago?
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