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Bid is below first page bid estimate of $1.75

     
2:21 am on Dec 10, 2008 (gmt 0)

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Google greed is hitting new heights; I am an advertiser spending $12K a day so I've seen just about everything in the almost 9 years I have been advertising with Google, but these wildly changing "Bid is below first page prices" is a mess. All day I had a max bid for a particular keyword at $1.30, had an average ranking of 1.4 and a CTR of 4.96 I was being charged $0.92 Now I see a message that the Bid is below first page bid estimate of $1.75

So obviously CTR and History is thrown out the window because it's all about money to Google especially since their stock price is in the toilet and they will not get the opportunity to exploit Yahoo's advertisers. I know for a fact that there are tops 1 new advertiser on the first page of results so why would the Bid is below first page bid estimate go up so dramatically? Answer: Greed and monopoly. It stinks that they do this because the are casting aside QS and CTR and if they took a polygraph it would be revealed.

3:03 am on Dec 10, 2008 (gmt 0)

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So no new competitors have entered bidding on that keyword?
3:05 am on Dec 10, 2008 (gmt 0)

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Like I said, I think 1 did. Still, that shouldn't throw away QS and CTR performance.
3:16 am on Dec 10, 2008 (gmt 0)

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Who knows. It might temporarily. How long has this been going on just today?
3:49 am on Dec 10, 2008 (gmt 0)

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On this specific keyword today; similar experiences on other keywords. Even if it is temporary it's not justified - it goes against all the fundamentals Google preaches. Correction, Google at $600 a share preached.
9:22 pm on Dec 10, 2008 (gmt 0)

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my experience is that first page bid is quite useless; most of the time this information is not accurate for my keywords.

I guess that it will be replaced soon from something else .

 

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