Amazon payment issue unresolved after two weeks

Jump to Last Post 1-32 of 32 discussions (117 posts)
  1. Will Apse profile image89
    Will Apseposted 14 months ago

    What exactly is happening with Amazon?

    Is this related to Amazon slashing affiliate rates on April 21st?

    Will we get paid this month?

    Will we lose part of last month's earnings?

    Is Hubpages/Maven doing anything constructive to resolve the problem?

    Is Hubpages/Maven secure with this loss of income?

    It is ridiculous that staff are keeping people in the dark. A little light would be appreciated.

    1. Rochelle Frank profile image93
      Rochelle Frankposted 14 months agoin reply to this

      Yes, I have at least ten Amazon sale listed this month and zero revenue.

    2. JerryFisher profile image94
      JerryFisherposted 14 months agoin reply to this

      Just on my affiliate link on Amazon and see this rather important notice. Hope that HP have seen it too.Important Notice

      “If you have been using Amazon’s Product Advertising API (PA API), you must upgrade all of your applications making calls to PA API 4.0 to Amazon’s Product Advertising API version 5.0 (PA API 5.0) immediately. As of March 31, 2020, we have completed shut down of PA API 4. After this shutdown, your applications calling PA API 4 will no longer be able to retrieve Amazon product information; and you will receive an error message when your applications make calls to PA API 4.0. Please ignore this message if you have already completed the upgrade or have never used PA API.”

      1. Deb Vesco Roberts profile image96
        Deb Vesco Robertsposted 14 months agoin reply to this

        I saw that too and can't figure out how to do the upgrade sad

        1. lobobrandon profile image90
          lobobrandonposted 14 months agoin reply to this

          If you cannot figure out how to do the upgrade, then it is pretty certain that you do not need to do it. Only those who use the API already have to bother upgrading it. On HP you personally do not work with it.

        2. JerryFisher profile image94
          JerryFisherposted 14 months agoin reply to this

          Yeah Deb I took a deeper look at it and I think for us who’ve been with Amazon a long time it has been taken care of by Amazon.

  2. lobobrandon profile image90
    lobobrandonposted 14 months ago

    I'm wondering the same.

    1. Will Apse profile image89
      Will Apseposted 14 months agoin reply to this

      Middle of the night in the US. Probably need to wait a while, lol.

  3. Beth Eaglescliffe profile image98
    Beth Eaglescliffeposted 14 months ago

    Matt has been notified and is working on resolving this.

    https://hubpages.com/community/forum/34 … r-may-2020

  4. EricDockett profile image99
    EricDockettposted 14 months ago

    This is more troubling by the day. It certainly seems to be something more than an issue with Amazon correcting their data at this point, but hopefully that is all it is.

    Up until May 4 it appeared that sales were still being tracked. At least the products appeared on the sales report even if they weren't credited in our earnings. Now, not even that.

    Would be nice to know what is going on.

    1. wilderness profile image96
      wildernessposted 14 months agoin reply to this

      I'd like an update, too.  It doesn't look like a computer glitch somewhere; if they're renegotiating the contract or something, let us know.  Even if it disappears completely, I'd like some kind of indication as to what is happening.

      1. Will Apse profile image89
        Will Apseposted 14 months agoin reply to this

        I hear that SF is a sleepy kind of town, so it might be a while. But this is getting annoying. HP is turning into a black hole. No light escapes. A locale to avoid.

      2. lobobrandon profile image90
        lobobrandonposted 14 months agoin reply to this

        If they are renegotiating they probably have some sort of NDA in place until the deal is finalised.

        1. wilderness profile image96
          wildernessposted 14 months agoin reply to this

          Could very well be, but I'd still like to know that it isn't just a glitch.  Doubt we've been forgotten as HP makes a good deal off of Amazon too, but would like to hear that.

          1. DrMark1961 profile image97
            DrMark1961posted 14 months agoin reply to this

            You are correct and I think it is a much more serious problem for HP than any one person. I am sure they are doing their best against a very large and powerful corporation.

            1. robhampton profile image95
              robhamptonposted 14 months agoin reply to this

              Either way I wish there was a little more transparency. Just let us know what's going on.  Amazon affiliate program accounts for (up until early may) nearly half my earnings as well,  and I'm not talking pennies here. Hello?? Hubpages?? Anyone there? Give me something more than just "we're aware of an issue and we are working on it " we're being left in the dark on this, just seems wrong.

            2. lobobrandon profile image90
              lobobrandonposted 14 months agoin reply to this

              I agree with what you and Wilderness say, but I'm sure there are many of us just like Rob where Amazon is very often the higher earner. I'm almost always making more through Amazon. I can imagine HP sees a major of its income through Amazon too and this can be bad on them if it does not work out.

              1. DrMark1961 profile image97
                DrMark1961posted 14 months agoin reply to this

                Mine is a great earner too but I really cannot see the point of daily updates. Day 1-no reply
                Day 2-no reply
                Day 3-no reply
                etc, etc, ad nauseum
                (I have a sister in the US and I emailed her a few weeks after the coronavirus became a problem there to check on her. She did not reply for weeks. What do you do when the other party does not respond?)

                1. lobobrandon profile image90
                  lobobrandonposted 14 months agoin reply to this

                  The difference is that Amazon is still working, customer support is online with their chat support active too. It's not a daily update, but it's nearly a fortnight and I can see why people would like to know if it still is just a data issue or something else. 

                  Hope your sister is doing well.

                  1. DrMark1961 profile image97
                    DrMark1961posted 14 months agoin reply to this

                    I do wonder if they are responding to HP though. They have to be very concerned about this.

      3. JerryFisher profile image94
        JerryFisherposted 14 months agoin reply to this

        I can't see how Maven would be talking to Amazon, especially about a renegotiation. Maven would be way too small to have any sway over Amazon. Amazon has tens of millions of affiliates. I just wish Maven hadn't of touched it in the first place. It was fine as it was with HP where we all just had own own seperate affiliate accounts with Amazon. Smacked of a little greed actually to me. We were making 100% of 8%, then 60% of 8%. Now 60% of 3%. I think after the shock Amazon announcement cutting so dramatically the commission rate, that Maven should let us return to Amazon so we can get our full commission.

        1. lobobrandon profile image90
          lobobrandonposted 14 months agoin reply to this

          We were never making 100% of 8%, we were making 100% on 60% of the clicks. What we had with our individual programs was never 8% all across the board, just some niches.

          HP got us a deal where we get 8% on everything based on the volume sold (across HP not individually). What we were getting until the end of April was 60% of 100% of our sales, which is statistically equivalent to 100% on 60% of the clicks.

          1. JerryFisher profile image94
            JerryFisherposted 14 months agoin reply to this

            Yes I agree that 8% was at the top end and that’s the rate through my hubs that I’ve always targeted, so yes different commission rates have always applied to different niches. But I don’t understand how HP could have taken  a cut in the commission prior to them moving the links over to here and setting up new Amazon links for everyone.
            Prior to that any hub link to Amazon went to my own Amazon affiliate link that I’ve had for ten years and had regular payments directly from Amazon for. But I have heard about HP taking a cut right from whenever we first signed up with HP, so perhaps you’re right as  I was too lazy to ever check my monthly Amazon figures.

            1. lobobrandon profile image90
              lobobrandonposted 14 months agoin reply to this

              HP took a cut by placing their tracking ID 40% of the time, so anyone who clicked then would not sure on your account at all. You would not know whether someone bought a yacht after clicking one of your links. But now if someone does buy a yacht you get 60% of the commissions and HP takes the 40%, while in the previous case it was more of a lottery system when it comes to which sales showed up for HP and which showed up on your account.

              1. JerryFisher profile image94
                JerryFisherposted 14 months agoin reply to this

                No that’s not correct. On Amazon you would always know exactly what had sold with a detailed report just as they have on HP. It didn’t matter if your link was to a yacht and they ended up buying a packet of grass seed, Amazon would tell you that it was grass seed.

                1. lobobrandon profile image90
                  lobobrandonposted 14 months agoin reply to this

                  Yeah, they would, but you would have no clue 40% of the time. If it was HPs tracking ID on your hubs, 40% of the time.

  5. Will Apse profile image89
    Will Apseposted 14 months ago

    I took a look through Amazon affiliate forums. Most affiliates saw the rate cuts immediately. Which we did not.

    https://engagedforums.com/discussions/A … .121?dbg=6

    Dunno if you need to sign in see that thread.

    From what Matt said, the problem seems to be a technical one of data gathering. If HP are trying to enforce a prior special agreement, it better be watertight, because Amazon steamrollers governments let alone startups like Maven.

    Anyway, if staff were to say it was a purely technical issue, we could expect a quick resolution, if it is a legal issue, it is likely to drag on for ever.

    1. lobobrandon profile image90
      lobobrandonposted 14 months agoin reply to this

      You won't find anything about the HP - Amazon deal on the forums. Yes, the general program saw a cut since the 21st of April. Larger sites have had special deals with Amazon for quite a while, HP was one of the many.

      After I saw your post about legal issues with startups like Maven, it made me wonder whether the deal that Amazon had with HP does not really carry over to Maven which could be one of the legal hiccups going on? Either way, not much we can do but wait. Hopefully, it's just a technical glitch, a rather long lasting one.

      1. Will Apse profile image89
        Will Apseposted 14 months agoin reply to this

        I have a feeling Matt spends most of the time on the hand crank powering the office light. So we do indeed need to be patient.

        1. lobobrandon profile image90
          lobobrandonposted 14 months agoin reply to this

          Haha.

        2. EricFarmer8x profile image98
          EricFarmer8xposted 14 months agoin reply to this

          Today I learned what hand crank generators are. Quite interesting devices.

  6. Glenn Stok profile image97
    Glenn Stokposted 14 months ago

    I’m getting more concerned about this every day it goes unresolved without any further notices from HubPages staff.

    From April 21st to April 30 I noticed that our amazon earnings were not reduced under HubPages as per their new payment plan. That would indicate that HubPages had a special deal with Amazon.

    Then it all stopped dead in May. So that seems to show that Amazon is trying to renege on whatever agreement they had. I hope I’m wrong, but I’ve experienced this before with other affiliate companies in my business.

  7. Will Apse profile image89
    Will Apseposted 14 months ago

    A reassurance that they haven't actually lost the Amazon sales data after May 4 would be a step forward.

    1. PaulGoodman67 profile image97
      PaulGoodman67posted 14 months agoin reply to this

      Well, I suspect that somebody flipped the "pending" switch, as it was thought to be less alarming that all the negatives and zeros. But yes, we are in big trouble if somebody's lost the memory stick. I believe that stick has held all the sales data since 2013 when they updated from floppies. wink

      1. PaulGoodman67 profile image97
        PaulGoodman67posted 14 months agoin reply to this

        But seriously, I tend to agree with Lobobrandon that they are resolving the issue (whatever it is) with Amazon in private, and we maybe won't hear much about anything until there's a resolution (whatever that is).

        It's a bit like the virus, you wake up each morning hoping it's all over... smile

      2. Will Apse profile image89
        Will Apseposted 14 months agoin reply to this

        Not sure they have upgraded from the clay tablets yet.

        1. lobobrandon profile image90
          lobobrandonposted 14 months agoin reply to this

          They used papyrus when I last discussed it with them.

  8. Solaras profile image95
    Solarasposted 14 months ago

    Here are some affiliate alternatives for HP and those with their own sites to consider. https://empireflippers.com/best-affilia … -programs/

    Personally, I would be happy to steer as many sales away from Amazon and to other retailers as possible. Bezos is perched to become the planet's first Trillionaire in the next 5 years or so, and this is how he treats those who helped him get there.

    1. DrMark1961 profile image97
      DrMark1961posted 14 months agoin reply to this

      Hi, how are your BC puppies doing? Any new pictures?

      1. Solaras profile image95
        Solarasposted 14 months agoin reply to this

        https://hubstatic.com/15017440_f1024.jpg






        https://hubstatic.com/15017444.jpg

        Last one left yesterday, after much drama figuring out how to get him to Miami Dade County.  A little girl will be getting Bentley.  A family with three boys got Conrad (sitting on his boy's tummy).

        1. DrMark1961 profile image97
          DrMark1961posted 14 months agoin reply to this

          Conrad looks pretty mellow there. It is amazing how fast they grow and change at that age. I have not had any little ones, of any species, around here in several months so it is nice to see that.
          Last February one of my neighbors gave me this little bird that had fallen out of a nest.


          https://hubstatic.com/15017779_f1024.jpg

          He is all grown up now so I expect him to fly off any day now. On Monday he flew up in the air and the wind carried him away so I thought I would never see him again. After 7 hours he came back to my house! (Dogs do that a lot but parrots often never make it back home.)

    2. Deb Vesco Roberts profile image96
      Deb Vesco Robertsposted 14 months agoin reply to this

      It's been my understanding HP doesn't allow us to use other affiliate sites, only Amazon. I've had links removed for other affiliates I have inserted when I first started.

      1. Solaras profile image95
        Solarasposted 14 months agoin reply to this

        Correct, but if our commissions are going to be reduced to 60% of a 1% commission, HP might want to look at other solutions.

        1. viryabo profile image94
          viryaboposted 14 months agoin reply to this

          I should hope so.

  9. Deb Vesco Roberts profile image96
    Deb Vesco Robertsposted 14 months ago

    I've been very puzzled by what's going on. When my traffic took a nose-dive after the Stay-at-home order happened, I assumed this was the problem--less travel-related shopping (which is what my top revenue-producing Hubs are about). I've never had consecutive no-sale days and I've not made a penny from Amazon since March 18th, which accounts for 1/2 - 3/4 of my monthly HP income. Granted, the articles that earn that money have had virtually zero traffic since people have been unable to travel/cruise, but I still expect to see a few cents trickling in here and there. I had daily zeros up until over a week ago and now it says "pending". I don't know if my sales picked up and I'll be pleasantly surprised when the numbers do post or if I'm still at daily zeroes? It's concerning this is not being addressed--or if it is, it needs to be relayed to us. There are only two ways to make money by writing here so it'd be good to know what gives?
    https://hubstatic.com/15016469.png

  10. Will Apse profile image89
    Will Apseposted 14 months ago

    Gonna post a simplified list of questions in the official forums. Questions that are answerable even if an NDA  is involved.

    1. lobobrandon profile image90
      lobobrandonposted 14 months agoin reply to this

      Good list. I'm following the topic.

  11. Will Apse profile image89
    Will Apseposted 14 months ago

    Since we have gone off topic (not complaining), here are a couple of interesting articles that suggest rewriting pages or updating them can have negative consequences. They are a few years old and things may have changed, but worth looking at.

    Paul Edmondson's 2018 take on why improving page quality may not help:

    https://www.zdnet.com/article/maven-buy … ublishers/

    Google's slap in the face SEO trap:

    https://www.zdnet.com/article/google-su … ipulative/

    1. PaulGoodman67 profile image97
      PaulGoodman67posted 14 months agoin reply to this

      Paul is talking about drastic website-wide changes in his 2018 interview. The context I believe was that Paul E was saying that Google has punished us for having too much low quality. We've improved the quality, but Google aren't rewarding us.

      One can understand why Google might flag a site which has drastically changed in a comparatively short period, even if it's unfair in some cases.

      I think the Neil Patel approach of constant, gradual editing, is what is being proposed by HP in 2020.

      1. Will Apse profile image89
        Will Apseposted 14 months agoin reply to this

        I am still digesting the info in those links. Not sure what to think yet.

  12. Susana S profile image96
    Susana Sposted 14 months ago

    This is concerning and I hope it gets resolved soon.

    One tip I can offer is to change your best converting links to your own amazon account affiliate links so you can still earn directly from them (assuming the commission rate hasn't been reduced to zero on those products). From memory, I think you can only have two direct amazon affiliate links per hub.

    1. DrMark1961 profile image97
      DrMark1961posted 14 months agoin reply to this

      You should check one of those links and see if that works. I do not think that works anymore. Those links are probably dead.

      1. Susana S profile image96
        Susana Sposted 14 months agoin reply to this

        I have a few hubs that get very regular commissions and they all have 2 straight amazon links mingled in with HP amazon links. They convert well and I see sales from those links most days. Maybe it's a glitch.

        1. PaulGoodman67 profile image97
          PaulGoodman67posted 14 months agoin reply to this

          I have that too.

          1. Susana S profile image96
            Susana Sposted 14 months agoin reply to this

            Hopefully speaking about it won't jinx us! I actually have one hub that only has straight amazon links....about 8 of them.

            1. PaulGoodman67 profile image97
              PaulGoodman67posted 14 months agoin reply to this

              If it ends up that HP get good deal, or it stays the same as it was, I am actually going to try my best to make sure all Amazon goes through HP and look at each link. But I'm not doing anything until I know what's what. I still have quite a lot of Amazon hubs, although they are the minority overall. It's likely a glitch, as you say.

    2. Glenn Stok profile image97
      Glenn Stokposted 14 months agoin reply to this

      Can't do that anymore Susana. "Bring your own" Amazon has been eliminated a few months ago on HubPages. Same with AdSense. It's only with the HP ad program now.

    3. lobobrandon profile image90
      lobobrandonposted 14 months agoin reply to this

      I think all amazon links were converted to the HP program even the two that you were once allowed.

      1. Susana S profile image96
        Susana Sposted 14 months agoin reply to this

        Please see my reply to DrMark.

  13. eugbug profile image97
    eugbugposted 14 months ago

    Yes, just tried it with one of my Amazon affiliate links. The tag gets stripped out and replaced by a Hubpages one.

    1. Deb Vesco Roberts profile image96
      Deb Vesco Robertsposted 14 months agoin reply to this

      Why would they even bother stripping and converting them if HP Amazon isn't counting any sales or paying us in a month? Why would they even care?

      1. Solaras profile image95
        Solarasposted 14 months agoin reply to this

        I assume it is automated.

  14. PaulGoodman67 profile image97
    PaulGoodman67posted 14 months ago

    I suspect that in the very worst-case scenario, we will get paid at the new low Amazon rates myself.

    There is a certain irony that all were all made to join the HP system for Amazon in January, rather than use our own Amazon accounts like in the old days.

    If Amazon gave a worse deal than the one for non-HP affiliates, then one would expect a reversion to the old system. But I don't think that will happen. We will get the crappy rates or higher, but not lose Amazon.

    That's all idle speculation, of course. But there's a rationale to it.

    1. PaulGoodman67 profile image97
      PaulGoodman67posted 14 months agoin reply to this

      Obviously, I still hope it's a technical data glitch and there's no change and all our fretting is for naught.  smile

      1. lobobrandon profile image90
        lobobrandonposted 14 months agoin reply to this

        That's the best-case scenario smile

  15. Will Apse profile image89
    Will Apseposted 14 months ago

    I was worried enough to check staff on LinkedIn. No one seems to be looking for a new position, lol. Mostly they seem to be working on Maven projects like Sports Illustrated.

    Quote from Anne Fonte's profile 

    "If I am the sled, words are the pack of rabid, humping huskies pulling me. Writing is my thing."

    Have to admire that.

  16. Will Apse profile image89
    Will Apseposted 14 months ago

    Yet another week of uncertainty...

  17. Solaras profile image95
    Solarasposted 14 months ago

    I think the best we can expect is 3% across the board on all referrals. Last time Amazon changed up the commissions per category, HP was able to negotiate 8% across the board.  I think 3% is now their maximum commission rate.

    The other issue could be how long the click is good for purchases.  Amazon could limit it to the item clicked on and not extend it to other products in that purchase. It could be that if they click your link but buy a bigger size or competing product you get zip.

  18. PaulGoodman67 profile image97
    PaulGoodman67posted 14 months ago

    Maybe it's virus-related? Amazon have told HP they need to disinfect each link and provide it with a little mask before they will pay out?

    1. DrMark1961 profile image97
      DrMark1961posted 14 months agoin reply to this

      I think it is part of social distancing. Amazon is now keeping all affiliates as far away as possible.

      1. robhampton profile image95
        robhamptonposted 14 months agoin reply to this

        LOL

      2. Will Apse profile image89
        Will Apseposted 14 months agoin reply to this

        I certainly think we are being obliged to learn our place. No one can even we bothered to say that they haven't lost our data. Or that normal service will be resumed at some point.

        1. Deb Vesco Roberts profile image96
          Deb Vesco Robertsposted 14 months agoin reply to this

          They put out a survey yesterday asking if I’d recommend HP. How can I rate that 1-10 when I can’t get a response about future earning potential here. It’s not enough to rely strictly on traffic-based ad revenue, especially in this time.

          1. profile image0
            Marisa Writesposted 14 months agoin reply to this

            Traffic-based ad and affiliate revenue is HubPages' fundamental business model.   If they are contemplating making a change to their fundamental business model, that is something senior management will be planning in private.

            It's normal in business not to share matters like that with junior staff, because that would be putting the info out in public and therefore alert competitors.  And you have to remember that we are not even staff.  We are merely individuals who use their free platform, and pay them a share of our commission for doing so.

            1. robhampton profile image95
              robhamptonposted 14 months agoin reply to this

              What competitors?  Reddit,  Quora?  Doesn't matter. It's our articles that aren't on any other sites (or aren't supposed to be because of copyright reasons)  I still think there has been zero transparency on this

              1. Will Apse profile image89
                Will Apseposted 14 months agoin reply to this

                It really is poor communications management.

                On the one hand, we get an email laying out in horrifying detail the fragile state of Maven's finances, on the other, staff sneak into recondite threads and offer info-free platitudes on the issue which most worries us.

                At the very least, you would expect something in the official announcements forum. Spin it heavily enough and even I might be able fall into a Paul Goodman-like state of blissful denial.

                https://hubstatic.com/15025025.jpg

                1. PaulGoodman67 profile image97
                  PaulGoodman67posted 14 months agoin reply to this

                  My understanding was that there was a deadly virus sweeping around the world and an unfolding economic crisis on a level not seen since at least the 1930's. I tend to see things within that wider context. As far as I can tell, it's generally the restaurants, bars, travel industry, hospitality etc. who are in deep trouble, not the online companies.

                  As far as Amazon and HP goes, it is what it is. HP are going to get the best deal that they can because it's in their own interests (as well as ours) to do so. If they gave a running commentary in the forums, I'm not sure it would help anyone, just generate more speculation.

                  It's out of my control anyway, so I try not to fret too much. smile

                  1. profile image0
                    Marisa Writesposted 14 months agoin reply to this

                    Magazines, newspapers and television companies are also in deep trouble because advertising revenue has collapsed. Several newspapers and magazines have suspended publication and some have gone out of business altogether.  .

                    Advertising revenue has collapsed because advertisers aren't advertising - so that's going to impact every channel, including online. And Maven's email proves that - to quote:

                    "the industry is seeing a dramatic pullback in “sponsorship” budgets and a 40% decrease in programmatic CPMs... we’re anticipating a $30 million reduction in revenue for 2020"

                    All of HubPages' revenue, apart from Amazon commissions, relies on advertisers.  If there has been a 40% decrease in CPMs for Maven as a whole, then it's probably the case for HubPages too. 

                    As you say, there's nothing we can do about it but wait.
                    https://variety.com/2020/digital/news/f … 203544502/

                  2. Will Apse profile image89
                    Will Apseposted 14 months agoin reply to this

                    Sorry Paul, not trying to upset you.  I didn't think anyone read these forum posts.

  19. eugbug profile image97
    eugbugposted 14 months ago

    We could post links to our blogs or websites and relocate Amazon links temporarily to get sales. It often takes several days for editors to check out hubs and remove these links and in the meantime we could have sold stuff. Also we would get full commission. Doesn't look as though we'll get an answer anytime soon about Amazon, so that's what I'm going to do, no matter what the TOS say.

    1. PaulGoodman67 profile image97
      PaulGoodman67posted 14 months agoin reply to this

      I think stuff is likely still being sold (though it would be nice to get official reassurance) but stats are fixed to pending mode until they know the figures. I'm not going to start messing around with the links myself until I know what's what. Presumably this will be sorted out by the end of the month. If it's not resolved by then, that would be... interesting.

    2. Deb Vesco Roberts profile image96
      Deb Vesco Robertsposted 14 months agoin reply to this

      This is what I'm thinking! I may edit my one cash cow article that's now been ZERO since April 21 to see what happens! I'll use my Amazon Affiliate links as I do on my regular blog website.

  20. Solaras profile image95
    Solarasposted 14 months ago

    Pisch Glitch. There is a new sheriff in town, and this is how he rolls.

    https://www.nydailynews.com/sports/socc … story.html

    1. SmartAndFun profile image97
      SmartAndFunposted 14 months agoin reply to this

      Oh my. Yikes.

      sad

  21. Will Apse profile image89
    Will Apseposted 14 months ago

    Maven SEC filing

    https://www.sec.gov/Archives/edgar/data … htm#ma_002


    Quote:

    The ability of the Company to continue as a going concern is impacted by the uncertainty surrounding COVID-19 and could therefore be dependent upon the Company’s ability to raise additional funds to ultimately achieve sustainable operating revenues and profitability. From October 2018 through April 2020, the Company has raised aggregate net proceeds of approximately $139 million through various debt and preferred stock private placements (see Note 18). The Company believes that based on its current assessment of the impact of COVID-19 it has sufficient resources to fully fund its business operations through April 30, 2021. However, due to the uncertainty regarding the duration of the impact of COVID-19 and its effect on the Company’s financial performance the Company estimates that it may require additional capital in capital markets today, which are less liquid given the lack of clarity surrounding COVID-19.


    In other words Maven is hemorrhaging but won't bleed out until April next year on current estimations, even if nothing much improves.

    I imagine we all hope something will improve.

    Fixing the Amazon issue would be a great start.

    1. Kierstin Gunsberg profile image97
      Kierstin Gunsbergposted 14 months agoin reply to this

      Does this mean we're dead in the water over here? I definitely don't mean to get down on HubPages but I'm trying to figure out if this means our time here is dwindling.

      1. Will Apse profile image89
        Will Apseposted 14 months agoin reply to this

        They have a year to find a paddle, in my reading. Luckily they managed to borrow 3 million dollars just before the virus hit.

        Someone who likes business speak should read through the stuff in the email they sent out to see what they make of it.

      2. Solaras profile image95
        Solarasposted 14 months agoin reply to this

        They should be able to procure a low interest loan from the SBA, as I assume they have less than 500 employees. 

        They may also be able to get their employees payroll covered through the CARES Act for two months +25% of payroll towards loan interest/utilities/rent/mortgage as well, as long as they keep those folks onboard and don't furlough or fire them.

    2. Solaras profile image95
      Solarasposted 14 months agoin reply to this

      What this does not account for is Amazon cutting back their commissions from 8% to 1-3%.  Across Maven and HP that could be a substantial cut in revenues.

  22. psycheskinner profile image84
    psycheskinnerposted 14 months ago

    It's a good time to back up those hubs....

  23. PaulGoodman67 profile image97
    PaulGoodman67posted 14 months ago

    Company loses some revenue due to virus. Loses ten staff. I'm not sure that is really news. Buying Sports Illustrated was likely problematic, otherwise Maven are an online company where online now dominates, as far as I can see. Obviously it's awful for the people who've lost their jobs. But I don't see anything particularly significant. wink

    1. robhampton profile image95
      robhamptonposted 14 months agoin reply to this

      Whatever. The real issue is that obviously staff is aware of everyone's concerns yet they choose to ignore the very people that make their platform possible. Where's the transparency? Has anyone emailed them and received a response? It's complete BS that they are keeping us, their money makers, in the dark about what's going on with Amazon. YOU READING THIS MATT? HEY, YO, ANY STAFF OUT THERE READING THIS??? HOW ABOUT AN UPDATE??? .. It's completely stupid to have no update on this issue for this long. wtf?

      1. AliciaC profile image97
        AliciaCposted 14 months agoin reply to this

        Whatever’s going on, the staff either can’t or don’t want to share the details. Samantha has responded, though. https://hubpages.com/community/forum/34 … -situation

        1. Will Apse profile image89
          Will Apseposted 14 months agoin reply to this

          I think that was a bot.

  24. profile image0
    Marisa Writesposted 14 months ago

    You're talking as if we're employees who have a right to know what's going on.   We're not.  We're just another independent contractor in the "gig economy".

  25. psycheskinner profile image84
    psycheskinnerposted 14 months ago

    If you want the best freelancers you treat them well.  I have a lot of time sunk in this place but I also have a lot of other places I can go. 

    Not realizing that is what killed the other content sites.  Realizing it, and knowing SEO and adapting to it, was what kept Hubpages alive. 

    Maven... Maven knows how to acquire diverse sites -- do they know how to run them well? That would be difficult, wouldn't it, when each site has completely unique needs.

    1. profile image0
      Marisa Writesposted 14 months agoin reply to this

      I'm not sure that's true.  I thought you were here during the bloodbath after Google's first major algorithm change, which slashed HubPages' traffic by about 75%?   We lost some of the best writers from HubPages at that time due to management's chaotic approach. Hubbers' concerns were summarily dismissed.   I don't think they intended to treat their freelancers badly but when your company's survival is at stake, people don't always think rationally.

  26. profile image0
    Marisa Writesposted 14 months ago

    I never said anything about ad blockers.  I agree the old media was struggling before the virus, but Maven itself is admitting the drop in advertising is hurting them too - if people want explanations for what's currently happening, that's it.  What happens in the future is another question.

  27. Deb Vesco Roberts profile image96
    Deb Vesco Robertsposted 14 months ago

    I'm thinking this long holiday, rainy, semi-quarantined weekend is a good time to back up all my hubs, just in case.

  28. Deb Vesco Roberts profile image96
    Deb Vesco Robertsposted 14 months ago

    I just received this response from HP:

    "There is an issue with Amazon data. Once Amazon resolves this issue and provides us with earnings data we will update your earnings. This is a sitewide issue."

    1. Will Apse profile image89
      Will Apseposted 14 months agoin reply to this

      If that is the whole story,  the delays are purely a technical issue. Given how reluctant HP have been to speak about this, it is not 100 percent convincing.

  29. psycheskinner profile image84
    psycheskinnerposted 14 months ago

    That would not be hard to update us about that -- if updating us was any kind of priority.

    It's not completely implausible though.  If Amazon tried to swap us to the new low rates the interface with Hubpages may have caused unintended outcomes.

    1. Solaras profile image95
      Solarasposted 14 months agoin reply to this

      A technical glitch that cannot be resolved after an entire month?

      1. DrMark1961 profile image97
        DrMark1961posted 14 months agoin reply to this

        If Amazon decides to NEVER resolve this issue, there is not a thing that HP can do about it. It may be a month, it may be forever.

        1. Sherry Hewins profile image95
          Sherry Hewinsposted 14 months agoin reply to this

          True. If there is some kind of negotiation going on, HP will tell us when it's settled. We are not likely to hear anything until there is a final answer.

          1. PaulGoodman67 profile image97
            PaulGoodman67posted 14 months agoin reply to this

            Yes. And to be honest, most organizations I've worked for would've handled it in a similar way as HP, ie general apology, we're looking into it, etc. I don't see that as particularly significant or aberrant, like others do.
            My anxiety stemmed more from the *timing*, coinciding with the Amazon cuts at the end of April makes it reasonable to wonder if it's connected.

            If it's resolved before the end of the month, then we should still get paid, even if the amount is unknown right now. If this goes into June, that would be a major issue. But it's all outside of our control. I feel it's not constructive to attack HP. It's more likely that Amazon is the culprit. HP has similar interests to us on this matter, as far as I can see.

            1. profile image0
              Marisa Writesposted 14 months agoin reply to this

              Well said.  People are getting het up about HubPages doing the wrong thing, when I suspect it's actually Amazon that's being high-handed  and HubPages doesn't want to admit they're at Amazon's mercy here.

            2. lobobrandon profile image90
              lobobrandonposted 14 months agoin reply to this

              Yup, this is what I feel too. It's Amazon that has changed something, but I guess in the worst-case scenario we would just be considered as regular affiliates and the percentages would go down.

  30. eugbug profile image97
    eugbugposted 14 months ago

    I posted a query to Amazon on Twitter asking them how to do something but they referred me to their online support page. They sent me an automatic email reply to the effect that they're not providing email support at the moment because they've more important things to do because of COVID19. I guess the current crisis doesn't help as regards negotiations.

    1. DrMark1961 profile image97
      DrMark1961posted 14 months agoin reply to this

      Coronavirus: The "Go To" Excuse for 2020!

  31. Will Apse profile image89
    Will Apseposted 14 months ago

    The slightly sinister guy speaks:

    https://www.geekwire.com/2020/sports-il … ne-credit/


    “Our revised budget plan is anticipatory, and gets ahead of the curve in a surgical way,” Heckman wrote in the letter. “We wish we could change the circumstances, but we are now positioned — with a talented, experienced team, diverse revenue streams, and a powerful business platform — to weather the ongoing COVID-19 storm and help independent media companies who are not.”

  32. Solaras profile image95
    Solarasposted 14 months ago

    Certainly this has everything to do with Amazons commission change.  They only question is whether they will do the flat top rate across the board for all HP items sold, as previously done, or if they want to break it down by category, with some falling into the 1% range.  That would suck.

 
working

This website uses cookies

As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://corp.maven.io/privacy-policy

Show Details
Necessary
HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
LoginThis is necessary to sign in to the HubPages Service.
Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
AkismetThis is used to detect comment spam. (Privacy Policy)
HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
Features
Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
MavenThis supports the Maven widget and search functionality. (Privacy Policy)
Marketing
Google AdSenseThis is an ad network. (Privacy Policy)
Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
Index ExchangeThis is an ad network. (Privacy Policy)
SovrnThis is an ad network. (Privacy Policy)
Facebook AdsThis is an ad network. (Privacy Policy)
Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
AppNexusThis is an ad network. (Privacy Policy)
OpenxThis is an ad network. (Privacy Policy)
Rubicon ProjectThis is an ad network. (Privacy Policy)
TripleLiftThis is an ad network. (Privacy Policy)
Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
Statistics
Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)
ClickscoThis is a data management platform studying reader behavior (Privacy Policy)