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Old 02-23-2004, 02:45 PM  
Ron Bennett
Confirmed User
 
Join Date: Oct 2003
Posts: 1,653
Quote:
Originally posted by Battuss
Is it time to redeem my points?
Remember FDR's "bank holidays" from History Class? LOL!

Translation, the ARS Rewards Store is CLOSED until May-1st.

Saw this coming last year and redeemed my points...I'm just surprised how ARS did it...I was thinking they'd likely just keep increase the reward stores prices until slowly the points became near worthless, not actually close the entire store like they did.

And it get's worse...some quotes from the ARS Reward Store:

Quote:
All points in the ARSRewards.com system will be valued at $0.10 each. All current points in the current system will be multiplied by 1.5 and then revalued at the $0.10 each. In order to get your points transferred, you must send a signup to a site in the ARS 4 Real portfolio within 30 days of 2/23/04. If you do not, you will lose your current points.
Many folks will be caught by surprise...however, it appears ARS is likely running very tight on cash and is seeking ways of reducing costs - and the sudden shutdown is further indication, at least in my view, of how dire things may be...

Closing the ARS Reward Store is a VERY BAD PR move...but perhaps ARS figures, since few new webmasters are joining up these days, the PR hit doesn't matter overall...ARS will likely make sure the "big" folks (ie those doing over 50/SU per day) are still taken care of and likely feels the tradeoff of some PR for cash savings is worthwhile.

Ron
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