Shoemoney sells Auctionads
July 29, 2007
Techcrunch reports that Auctionads have been sold to MediaWhiz. Plenty of people have already been blogging about the sale already. There is no doubting that they had a great product which was largely built by Shoemoney’s programmer, but I believe part of the success was due to Shoemoney’s huge following on his blog and his radio show on Webmasterradio. He also has good relationships with other top bloggers who also promoted it. I read somewhere of similar programs, but I had never heard of them before. I think if you did a poll on an Internet Marketing forum, I am confident that at least 95 per cent of people would at least have heard of Auction Ads.
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From what I can gather, Shoemoney is slowly backing out of the affiliate marketing also.
But I am pretty sure, that he has got some new ideas up his sleeve and may be showing his cards pretty soon.
Seems like it was only yesterday they launched auctionads. I can only guess bit it has to less than 6 months