The CashDuck Blog

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Sunday, August 12, 2007

Update on prizes

Due to the truly staggering number of prizes that are being requested, it is going to take a considerable amount of time to send these all out. I have taken down a few prizes that I have run out of, and put up the rubber duckies and ducky banks that were previously only available through Quackers. Additionally, I have had to deny several prize requests as more were requested than I had, before I could take them down. And third, I am only sending one of some of the prizes (such as the waterbottles, rubber duckies, ducky banks) to each person, so that there is enough for everyone. Gift cards are not likely to be sent out for some time, as I don't have nearly enough on hand and will need to buy more.

Thursday, August 09, 2007

Ending on a high note

Unfortunately, I have a sad announcement to make. As of the end of this month, CashDuck will be closing.

This is a decision that I did not want to make, and even two weeks ago said that I didn't want to close. But the way things have been going, I feel like if CashDuck continues to run that things are unlikely to improve. Since the implementation of the new payout rules, traffic has really dwindled. So far this month all of the users of CashDuck combined have not earned what they did in an average DAY of April or May. I really wanted to give the shopping section some time, but I am losing money and new obstacles are thrown up every day.

I have had such a wonderful experience running CashDuck and it has changed me as a person. I've learned a LOT, and in fact partially due to my experience with CashDuck I will be applying for an MBA program. I am excited about potentially exploring other business ideas in the future. I know though that no business will last forever, and it is best now to end on a good note, instead of waiting until there is nothing left.

Thank you everyone for your support and encouragement. I have met many wonderful people and I consider myself enriched by you all.

In practical matters:

All offers will be deactivated on August 15th. Please make your cashouts during August. All cashouts requested during August will be paid during mid-September. On September 2nd, withdraws will be deactivated. To facilitate cashouts, the minimum withdraw for a check has been lowered to $5. This message will also be emailed out, and put on the forum. If you have questions, please ask them on the forum.

Thursday, August 02, 2007

Moving time...

I will be moving households this weekend so some of the prize mailings will be temporarily on hold. I expect to have all my CashDuck stuff moved into the new office by Sunday, and much was packed today, so I will process any prizes on Sunday and Monday that were ordered between yesterday and then.