Encore ads not paying?

HiGhPeR

Designer
Oct 15, 2009
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h6.cr
www.hyper6.com
Just got a lovely email from Encore ads regarding the pending balance in my account that I haven't been paid yet. So I called the owner and he said that they won't be paying me, because they are "going out of business" because an "advertiser couldn't pay them". I'm so sick of this shit and the stories of networks not paying.. It wasn't a ton of money, but it was over $1k, so I'm not exactly happy about it. Anyone else hear the same thing from these clowns?
 


we should list down all networks who are possibly on the verge of bankruptcy or having cash flow issues. Atleast save some money rather than loosing it by running traffic (Traffic cost + revenue)
 
Encore Ads are def closing shop - did you run a rebill mate?

Yup about 3 or 4 months ago. I honestly forgot all about the money until the guy emailed me. I called him cuz I thought they were gonna pay. Was I sure surprised haha. I've never had anyone tell me "So.. basically... we're broke, and you won't be getting paid. We can't pay."
 
damn. Sorry to hear that man.
So many stories of networks going out of business or not paying pubs lately. Its crazy. We used to hear about one of these stories every few months. Now its several every month.
 
damn. Sorry to hear that man.
So many stories of networks going out of business or not paying pubs lately. Its crazy. We used to hear about one of these stories every few months. Now its several every month.

Yea I know.. What confuses me, is the guy said it was 1 advertiser who stiffed them that made them go outta biz...?
 
damn. Sorry to hear that man.
So many stories of networks going out of business or not paying pubs lately. Its crazy. We used to hear about one of these stories every few months. Now its several every month.
An unfortunate side effect of the low barrier of entry for new networks that's been in place for a couple years now. These new networks have no clue how to prevent/detect fraud, and grab all their offers from other networks, who in turn are probably grabbing their offers from other networks as well. The shit leads flow upstream for a few weeks until a merchant gets pissed enough to not pay. Somewhere between that merchant and the last network in the line a massive payment is withheld and the network not getting paid can no longer make affiliate payments.

Not saying this happened to EA, that's just a general observation.
 
Yea I know.. What confuses me, is the guy said it was 1 advertiser who stiffed them that made them go outta biz...?


yeah, it's called (not commenting on this specific instance, don't know them) extending more credit than you have capital/cash to cover, not being able to collect payment, and then realizing OMGZORS we no have ( ) around a figure describing the company's cash position.

What's more amazing to me is the complete lack of due diligence in this industry into who actually has money.

Good luck to everyone involved- crappy situation and agree, sad to see this happening more and more often.
 
An unfortunate side effect of the low barrier of entry for new networks that's been in place for a couple years now. These new networks have no clue how to prevent/detect fraud, and grab all their offers from other networks, who in turn are probably grabbing their offers from other networks as well. The shit leads flow upstream for a few weeks until a merchant gets pissed enough to not pay. Somewhere between that merchant and the last network in the line a massive payment is withheld and the network not getting paid can no longer make affiliate payments.

Not saying this happened to EA, that's just a general observation.

Indeed:) There is list which listing close to 700 (!!!) CPA networks, who needs that much and where to get all the traffic to send to all of them ?
 
An unfortunate side effect of the low barrier of entry for new networks that's been in place for a couple years now. These new networks have no clue how to prevent/detect fraud, and grab all their offers from other networks, who in turn are probably grabbing their offers from other networks as well. The shit leads flow upstream for a few weeks until a merchant gets pissed enough to not pay. Somewhere between that merchant and the last network in the line a massive payment is withheld and the network not getting paid can no longer make affiliate payments.

Not saying this happened to EA, that's just a general observation.
I totally agree and even though i operate a new network and appreciate my start up costs being lower than they would have been 5 years ago I still definitely see the problem this low barrier is creating. It's pretty bad. I have to point out though, its not just new networks. Just this month WF alone has seen mass no payment threads for a lot of veteran networks including, azoogle, tattomedia and even copeac. While we're talking about low barriers of entry I have to also point to the entry point for AM's who encourage garbage traffic and especially the low entry to become an advertiser. It's creating a lot of distrust all over the place.
 
Threads like these are exactly why I stick with the more reputable networks. Why go elsewhere when you have a network that will get any offer for you, and pay you weekly? That way, you don't have to stay worried about whether or not you'll get paid. #fail
 
*Allegedly this was a long time coming for at least a year again Allegedly. Are they going to start a new company now? It's really getting to a point where I don't see a good reason to run through a network anymore. "We pay only if we get paid seems to be the new thing". If you are an open and honest affiliate driving traffic take your chances with just going direct to the advertisers.