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Do Consumer Warning Blogs Work?

One of the more interesting phenomena is the rise of consumer social networks, which attempt to warn other consumers of bad opportunities.

They range from the well-known, like www.ripoffreport.com, to many less well known sites.

At this website, they are claiming that the debit/credit card distributor Monex Canada Is a Scam! There are a number of testimonials, what appear to sworn statements about Monex. It is hard to tell if these are significant complaints, and the website does not appear to be updated since December, 2005. (See my prior post on Monex.)

Now how much attention is the Monex scam blog getting?

It is hard to tell, since it does not have its own separate web domain.

On the other hand, according to alexa, the Monex Group website receives very little traffic.

Monex does advertise at www.BusinessExchange.ca, so it would seem that they are still in business - perhaps they care very little about what is being said about them?

According to the Overture keyword tool, nobody is searching for information about the Monex Group.

It is important to maintain a consumer website, otherwise your information looks faded and suspect. The product of a mere rant.

Technorati Tags: monex, ripoffreport, debit credit card, social networks, web domain, sworn statements, group website, phenomena, alexa, consumers, testimonials, blog, traffic, canada

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