Tatto Media
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Type of site | Advertising Network |
---|---|
Created by | Lucas Brown, Lee Brown, Lin Miao, Andrew Bachman |
Employees | 22 |
URL | http://www.tattomedia.com/ |
Registration | Client |
Tatto Media is an affiliate marketing advertising network based in Boston.
It partners with web publishers and uses performance analysis to enable online advertisers to target their intended audiences.
Tatto Media sold to Ozura World Ltd. for $60 Million USD on April 11, 2011.
The founders, Lee and Lucas Brown, went on to found HasOffers.com.
Products
Tatto Media has several solutions behind its name. The company has an Advertising Platform, a Display Platform, a Performance Platform and a Virtual Currency Platform.
The Self Serve Advertising Platform enables advertisers to create campaigns and place tracking codes signifying new customers. From there, Tatto Media analyzes the campaign and optimization algorithms to distribute across the right distribution channels.
The Display Platform is for display publishers looking to place advertisements. The platform can show advertisement formatted for social applications, site banners or the full page.
The Performance Platform links affiliates with exclusive advertisements. The company works directly with many advertisers in order to eliminate the middle person. Tatto Media provides a worldwide reach, with top countries including United States, Australia, Canada, Germany, Mexico, New Zealand, Portugal, South Africa and United Kingdom.
The Virtual Currency Platform monetizes applications and websites. The platform includes payment processing, advertiser network, and statistics for tracking and customization of advertisements.
Awards
It was named by Business Week as one of the top 25th entrepreneurial business of 2007. [1]
In late 2008 the company received the title of Babson Student Business of the Year Award [2]
Tatto Media is a member of the IAB and American Marketing Association (AMA).
Controversy & Legal Issues
Washington State Vs. Tatto Media
In late 2008, the company was the subject of investigation into false and deceptive advertising with the Washington State Attorney General's Office. On November 17, the company and Washington State Attorney General settled in Assurance of Discontinuance for $20,262 [3]
In early 2009, the company had further discussions with the Attorney General's Office over a disagreement regarding the Assurance of Discontinuance of November 17, 2009 and eventually settled for half a million dollars.[4][5]
Tatto Media used to partner with Zynga but this business relationship was terminated in 2009. The CEO of Zynga, Mark Pincus, had following to say about Tatto Media:
- We have worked hard to police and remove bad offers. In fact, the worst offender, tatto media [sic], referenced in the techcrunch article, had already been taken down and permanently banned prior to the post.[6]
Tatto Media has repeatedly featured as a scam advertiser.[7][8] Quote from Techcrunch:
- A typical scam: users are offered in game currency in exchange for filling out an IQ survey. Four simple questions are asked. The answers are irrelevant. When the user gets to the last question they are told their results will be text messaged to them. They are asked to enter in their mobile phone number, and are texted a pin code to enter on the quiz. Once they’ve done that, they’ve just subscribed to a $9.99/month subscription. Tatto Media is the company at the very end of the line on most mobile scams, and they flow it up through Offerpal, SuperRewards and others to the game developers.[9]
The company was criticized on a similar scam using free poster offers - including The Twilight Saga stars that tied a undisclosed monthly credit card subscription fee to the poster request.[10]
The company has been noted for running deceptive offers involving text charges and mobile subscriptions which often trick consumers into signing up for services.[9]
References
- ^ "Business Week".
- ^ Babson College. "Tatto Media, Inc. Receives Babson Student Business of the Year Award". Archived from the original on February 23, 2009.
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suggested) (help) - ^ Susan Kelleher (November 18, 2008). ""MyLuvCrush" Internet sham crushed by state". The Seattle Times.
- ^ Wendy Davis. "'Luv Crush' Defendants In Hot Water With AG Over New Ads".
- ^ Washington Attorney General's Office. "Consent Degree" (PDF).
- ^ http://markpincus.typepad.com/markpincus/2009/11/my-take-on-zynga-and-cpa-offers.html
- ^ http://techcrunch.com/2009/11/02/zynga-takes-steps-to-remove-scams-from-games/
- ^ http://www.mediapost.com/publications/index.cfm?fa=Articles.showArticle&art_aid=95040
- ^ a b http://techcrunch.com/2009/10/31/scamville-the-social-gaming-ecosystem-of-hell/
- ^ http://techcrunch.com/2010/11/12/tatto-media-continues-to-push-free-poster-scam/