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Overture UK raises minimum bids to 0.10
Doubles the prices for most bids
IanTurner

WebmasterWorld Administrator ianturner us a WebmasterWorld Top Contributor of All Time 10+ Year Member



 
Msg#: 782 posted 10:58 pm on Jan 28, 2003 (gmt 0)

From February 6th minimum new bid will be 10p, all bids will go up to minimum 10p on 29th March.

This will be a real killer for smaller advertisers who can't afford to target the major keywords and make do on very focused keywords with low bids and high click throughs.

Must check out what eSpotting and Mirago minimums are. I know the new Thomson webfinder service is coming in at 5p minimum bids, maybe its time to take them seriously.

 

4eyes

WebmasterWorld Senior Member 10+ Year Member



 
Msg#: 782 posted 11:05 pm on Jan 28, 2003 (gmt 0)

10p is bad news for most of my customers :(

Macguru

WebmasterWorld Senior Member macguru us a WebmasterWorld Top Contributor of All Time 10+ Year Member



 
Msg#: 782 posted 11:07 pm on Jan 28, 2003 (gmt 0)

More here :

[webmasterworld.com...]

webdiversity

WebmasterWorld Senior Member 10+ Year Member



 
Msg#: 782 posted 11:44 pm on Jan 28, 2003 (gmt 0)

Mirago is 10p and Espotting is 5p, Google Adwords is 4p

Killer blow.

hurlimann

10+ Year Member



 
Msg#: 782 posted 11:59 pm on Jan 28, 2003 (gmt 0)

Have you ever taken Thomson's offline seroiusly and that is free!

tigger

WebmasterWorld Senior Member tigger us a WebmasterWorld Top Contributor of All Time 10+ Year Member



 
Msg#: 782 posted 6:31 am on Jan 29, 2003 (gmt 0)

I just hope espotting don't follow them as well

lloyd

10+ Year Member



 
Msg#: 782 posted 8:57 am on Jan 29, 2003 (gmt 0)

Are they worth the money anyway. ROI is borderline. And lets face it this increase is timed for the Valentine's Day, Mother's Day and Easter market.

I've thought of going for it but I really don't think it is worth it. Concentration on Google and MSN good listings is better time spent and therefore money.

engine

WebmasterWorld Administrator engine us a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month



 
Msg#: 782 posted 9:30 am on Jan 29, 2003 (gmt 0)

That's a huge increase. Have you tried doubling your minimum charge recently?

Plucky

10+ Year Member



 
Msg#: 782 posted 9:30 am on Jan 29, 2003 (gmt 0)

I think their are shooting themselves in the foot. Upping the minimum to 10p opens the market for the current small players and new entrants.

But I don't like the direction of this - in the beginning Goto US had no minimum bid, then they introduced the 5c minimum and now Overture UK goes to 10p (EUR.15 USD.16).

What next? 20p?

On the positive side it makes our search engine optimisation services even more valuable!

adamcmoran

10+ Year Member



 
Msg#: 782 posted 10:03 am on Jan 29, 2003 (gmt 0)

Most of our bids are 5p so this really does stink. As all our PPC budget will now have to be doubled. This is also quite annoying as a lot of the services we provide on the site are free, due to the nature of the business.

Adam

engine

WebmasterWorld Administrator engine us a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month



 
Msg#: 782 posted 2:41 pm on Jan 29, 2003 (gmt 0)

Main thread over here.
Pay per click search engines [webmasterworld.com]

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