Saturday, December 19, 2020

Chitika is over, hidden facts and reasons



 

Chitika was used as an ad network and it worked for more than 15 years and used by many published and advertisers all over the world. There can be many hidden facts and reasons among closing of Chitika. Almost a year ago Chitika was over and shut down its services.

One reason could be that they decided to take money and leave the competition as there are many other ads network businesses. They can have accepted a good offer so that they can leave this business and reduce the competition. With reduced competition it is possible for companies to make more money. They may have made some sort of agreement with other companies in this business so that they leave competition and get paid in return.

Another reason could be that they were not making enough income to cover the costs. It is important to cover the cost in any business and if the costs are not covered then the business is not able to survive. With the passage of time Chitika may have suffered with huge losses due to which it decided to shut down after so many years. Another reason could be that they have started another business which is more profitable as compared with showing ads and marketing field.

And when they are making more money from other business then they decided to leave this business so that they can focus on other business which is making more benefits and money for them. However there can be many hidden facts and reasons among closing of Chitika but the result is that this company is now closed and all publishers and advisers may have switched to other alternatives so that their business could run smoothly.

Different people are making different assumptions and thoughts about closing of Chitika. But the real reasons are known by the owners of this company and this could be the business secret which will never be told to the general public. However professionals are able to make assumptions and understand the reasons behind the closing of such a big company which was in business for so many years.


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