Online Media Promotions

Online Media Promotions, operating under Monetizeit. com, provides domain parking services, enabling domain owners to monetize their unused domains through advertising and facilitating sales for potential buyers. Founded in 2003 and headquartered in New York, US, Online Media Promotions offers domain monetization services. In December 2006, it was acquired by MediaWhiz, which specializes in performance-based online marketing.

Lake Capital, a private equity firm, previously invested in MediaWhiz in August 2005. Monetizeit. com specializes in domain parking services, allowing domain owners to display their domains for sale and generate revenue through advertisements. Its clientele ranges from individual investors to larger enterprises, primarily serving markets in North America and Europe.

Monetizeit. com's revenue model focuses on domain parking, where clients earn income through advertising on their parked domains. The company operates on a commission basis, taking a share of the revenue generated from ads. Additionally, it may offer premium features for enhanced visibility of domain listings, facilitating B2B transactions between domain owners and buyers.

Following its acquisition by MediaWhiz in December 2006, Online Media Promotions aims to enhance its service offerings. The company plans to innovate new products and expand its market reach, particularly targeting growth in North America and Europe. Recent funding from Lake Capital is expected to support these initiatives, further developing their platform and potentially introducing new features to attract a wider range of clients.