Minimum bid 0.18?

[ildarius]

Good day all!

Did any of you see minimum CPC of less then 0.18cents for any keywords?

(during the past 3 months)

[poster_boy]

Did any of you see minimum CPC of less then 0.18cents for any keywords?

Sure, but it depends on your industry, keywords, quality score, etc. But, I've seen minimum bids as low as $0.01 - during the past 3 months and longer.

[chinara]

Did any of you see minimum CPC of less then 0.18cents for any keywords?

what currency are you using? In USD i see .01 .02 .03 .04 .05 .10 .15 .20 never seen .18c min bid.

[ildarius]

Interesting... I have not seen anything lower then 0.18 cents, even for keywords that literally do not get searched..
(currency is CAD)
If it's not a secret, how long did you have your Adwords accounts for? May be it's because my account is 7 months old only.

[netmeg]

That's a fairly weird number. Across all my clients, all accounts, all keywords, since they first started QS, all I've ever seen were these:

.01, .02, .03, .04, .05 (Great QS)
.10, .15, .20, .30 (OK QS)
.40, .50, 1.00, 5.00, 10.00 (Poor QS)

[ildarius]

Thank you for the update, i found it quite weird too, i even
had 2 new accounts created and was running into the same problem.

One of the weird things that i noticed is keyword that have almost
no search volume and no competition, but high min CPC.
Example: Wiki[widget]

[netmeg]

Because it's not based on search volume or competition, but how relevant Google thinks your ad is to your site.

[ildarius]

:) but i put the keyword in the ad twice, plural and singular,
and the landing page has a 4% keyword density for that keyword too.

And don't take it from me:
listen to what ByronM has to say

For example i've done the "bite the bullet ads" - you know, find a good keyword - that NO one bids on, bid on it only to find a 1.00 min CPC - pay that 1.00 min CPC to find out that that you're never going to get smart priced.

This guy seems to know what he's doing, [IMHO] google has an algo which determines if some keywords can be potentially profitable and slaps on a HIGH min CPC even if there are no bidders on those keyword.
What do you think?