A local blog advertising network is Blogbank. Like Google Adsense, they get advertisers, take a cut on the advertising fee, then share the rest to blog publishers who agree to show the ads.
Blogbank’s ads are similar to Adsense’s 200×200 Small Square ads and, on the PMT Blog, they are located on the right sidebar under the section Sponsored Links.
Blogbank is managed by a group of bloggers and popular personalities in the Philippine internet arena. This adds to the credibility of the program. Unlike the people behind Asia Century, another local advertising network which eventually turned out to be a scam, I have personally met some of the people behind Blogbank.
However, my only concern is that I received payment from them only once, back in late 2008.
I was set to receive another share of my earnings during the 1st quarter of 2009 but until now, I have not received any. As for the 2nd quarter payments, I have not heard of any update. The last post on their blog was in April 2009 so this does not help either.
I already submitted my TIN and tax affidavit so this cannot be the reason for non-payment. I do not know what is so I’ll try to contact them and ask.
How about you, other Blogbank publishers, have you received payments already? Any thoughts to share regarding Blogbank?
Update: Markku of Blogbank and the RebelPixel blog emailed me to clarify that Blogbank has actually made the deposit already last May 27. He also attached a copy of the deposit slip. Unfortunately, I cannot confirm this because the transaction is not anymore visible in my BPI Express Online account. Anyway, I trust Markku and the rest of the Blogbank guys that the deposit was made. I therefore retract my statement above that I was not paid.
I hope Blogbank remains a formidable local blog advertising network but if there’s one thing I hope they do, it’s to give their publishers more updates either via email or the Blogbank blog.