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December 28, 2007

Shopping Engine’s Seasonal Rate Increase Drops Soon…But Beware

As most of you may know, a number of the big shopping engines have increased their minimum bid rates through the holiday season, some as much as 25%. That rate increase will be coming back down to normal levels in January. But beware! I just noticed this message from NexTag which translates as: “We automatically raised your rates through the holidays, but when the rate increase drops January 2nd, YOU must MANUALLY bring your bids back down to where they were before.” Seriously?

“…Please note that NexTag will not automatically lower rates on your behalf.”

They automatically raised them on your behalf. The least they could do is automatically lower them back to where they were just before the rate increase. Seems like an easy way to make a few more bucks to me. Merchants are still very busy during the month of January. I’m sure most merchants won’t be savvy and prepared to be logging in at the crack of dawn on January 3nd so they can bring their rates back down to where they were before the holiday. Please put it on your calendar!

Posted by — Ben Fowler @ 10:43 am

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3 Comments »

  1. Agreed that this is ridiculous. NexTag should provide a mechanism for us to auto-schedule a rate change with a calendar feature.

    Comment by vic berggren — December 29, 2007 @ 5:12 am

  2. Wow, thanks for bringing that small detail to our attention! I was under the impression that THEY would lower it back down. And I had read the message on their site and the email they sent. But it is one of those things that you need to read carefully or you would have missed that!

    Comment by Miguel Salcido — January 3, 2008 @ 8:49 am

  3. I just went to NexTag. If you want to change all bids back to the minimum you can choose the categories and then click to clar all bids. This will set all of them back to the minimum. Thank you Singlfeed for looking out for our best interest. This may of been something that would of gone unnoticed otherwise. It can take up to 48 hours to change your bids according to Nextag.
    Tracy
    www.Ctcgifts.org
    www.Thecellguru.com

    Comment by Tracy — January 6, 2008 @ 4:56 pm

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