MediaWhiz buys AuctionAds
AuctionAds lets blogs and web sites make money by advertising relevant eBay auctions. Unlike contextual advertising services like Google's AdSense, AuctionAds listings are generated through a keyword search. Users select a few words, create an ad and place it on their site. Every time someone clicks through an ad to buy a product you'll get a small cut.
AuctionAds was originally launched as a partnership between MediaWhiz and Jeremy Schoemaker aka Shoemoney. Shoemaker is now confirming that MediaWhiz bought out his portion of the company. He says AuctionAds has grown substantially in the 4 months since launch. Over 25,000 publishers are displaying more than 300 million ads per day. And Shoemaker says MediaWhiz is in a better position to grow the company than his Shoemoney Media Group would have been.