Hello,
I advertised with a website called Wholesale411.com for three months. Within those three months I watched my pay click account drain very quickly as the top bids were always expensive and well clicked.
I then realized that the people I was bidding against were the search engine owners themselves! They would bid $0.29 to be in the #3 spot even though the #4 spot was bid at $0.14... This meant that if I wanted to be #1,2, 3 I would have to bid $0.30 to beat out their own bid.
It was not just me. They have 100s of advertisers and all were having to bid against the search engine owners affiliate links if they wanted a top spot. This undoubtedly cost advertisers $1000's of dollars in false inflated ($) traffic.in fact, I have talked to several (okay, just 2 others) advertisers who believe they were robbed in this manner as well.
This is not an assumption of their unethical practices, it is in fact proven. Someone else posted a review on Alexa.com (?) reviews about their practices and what do you know... The next day the accounts they were claiming were not affiliate accounts but simply for tracking reduced their bids by as much as $0.40/click. This means that the day before the company had a bid of over $0.40 on a keyword and the day after the Alexa post the same advertisers ALL suddenly had bids of $0.10/click or less. Then then posted a response on Alexa denying the charges.
I am looking for other advertisers on www.wholesale411.com who feel they lost $ due to wholesale411.com bidding on their own searches. I would like to find several so we can file a class action suit together.
If you have any experience please post it here. PLEASE HELP! This company is nothing short of criminal and put me out of business.
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