b5media and Chitika have announced a partnership today that will bring Chitika’s advertising program to the 350+ blogs that are in the b5media blog network. This is a huge distribution deal for Chitika. Financial terms of the deal were not provided.

On one of the private advertising forums I am a part of, we’ve been discussing Chitika a lot recently. Chitika has been spamming marketing to many of the larger blogs and Web sites with the following pitch:

I would like to speak to the person that manages online advertising for xyz.com. Chitika provides a service that automatically matches highly relevant and targeted ads with web site content. Through our *Premium* program publishers like you are earning as much as $31.00 eCPM rates.

You can read about our *Premium* program at X. Please let me know who I should contact. Thanks.

Jeff Sable, Vice President - Chitika

The feedback so far has been that Chitika is sending the same email to everyone with the $31/CPM rates even in very different industries. One of the sites signed up with Chitika after reading this email and two months in, is earning 10 cent CPM rates. Another reported making pennies a day even with decent traffic. Are you using Chitika - if so, please report in with your findings. Perhaps Chitika can share who is making $31 cpm rates with their service.

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