Overture - Max Bid

3 weeks on - what are your thoughts?

[Kevin]

Now that Overtures new system has had time to settle. I was wondering what people thoughts were now?

[lgn]

Same as day one. It still sucks.

Im paying more now for bids, to maintain the
same postition.

Maybe,once all the fools who can't figure ROI,
goes out of business, things will get better.

Its going to be the mid to long term before
this plays out. Give it six months or a year.

[bigjohnt]

Agreed. Sucks big time. It is interesting though, how you can see how silly some companies are on their bid prices. And if you want to play nasty, you can.
I won't use it. Rather do it myself or use a service than lay my cards out so competitors can read'em.

[mundonet]

Yesterday, we had a competitor probably "autobidding" $18 for a search term that goes normally for $0.20. We bid $17.99 for 30 minutes. Funny, I just can't remember what I did during that time because I was so busy with my 3 PC's and 3 Internet access accounts :} He's not there today.

[Kevin]

I am enjoying the new system. Like mundonet competitors are bidding stupid amounts to keep No1 but sitting behind them usually burns their budget and the bids then go back down to sensible amounts.

I use the strategy of fixed bids but the benefits of autobid to ensure I pay the least amount possible when a competitor drops out.
;)