The latest news coming from Microsoft is that Bing cashback will be retired at the end of the month. In a post titled “A Farewell To Bing Cashback” they say:
As part of this “test-and-learn” mentality, we will be retiring the Bing cashback feature, which means that the last day you can earn cashback will be July 30, 2010.
Why are we doing this? When we originally began to offer the cashback feature, it was designed to help advertisers reach you with compelling offers, and to provide a new type of shopping experience that would change user behavior and attract a bunch of new users to Bing.
In lots of ways, this was a great feature – we had over a thousand merchant partners delivering great offers to customers and seeing great ROI on their campaigns, and we were taking some of the advertising revenue and giving it back to customers. But after a couple of years of trying, we did not see the broad adoption that we had hoped for.
This is definitely bad news for small eCommerce sites. Bing cashback was one of a few good channels with little up front costs. Goodbye Bing cashback…