Snapdeal has temporarily suspended its Affiliates programme for customers that it employs through affiliates, highlighting the online marketplace’s struggles to conserve cash as fresh investments get tougher to secure. The Snapdeal affiliate programme is being recast to make it more effective and to drive higher (return on investment) a Snapdeal spokesperson said – New plans will be shared over the next few days. Snapdeals budget for affiliates is conservative compared to other marketplaces.
According to industry data collated from various agencies and publishers, Jasper Infotech, Snapdeals parent company, was the second-highest spender on print and television advertising in the same period, next only to Amazon India.
So we can just wait and watch for other news coming soon.