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Panama Minimum Bid 10 cents

What are they thinking?

     

ffctas

9:11 pm on Nov 29, 2006 (gmt 0)

10+ Year Member



I was just informed that when Panama is implemented the minimum bid will be 10 cents.

What is Yahoo thinking. I've been looking forward to spending lots of money with them once the bidding was ad quality based. However the minimum bid constraint makes spending a lot of money impractical.

I spend well into six figures with Google in a niche market and my average click cost is right around 10 cents. A good majority of my bids are below 10 cents and Google seems to be doing OK on the revenue side.
Why not let the market determine the optimum bid.

I beleive Yahoo will be missing lots of revenue. Anyone else agree?

sem4u

9:33 pm on Nov 29, 2006 (gmt 0)

WebmasterWorld Senior Member sem4u is a WebmasterWorld Top Contributor of All Time 10+ Year Member



Maybe, but you are lucky. In the UK the minimum bid is 10p.

martinibuster

9:41 pm on Nov 29, 2006 (gmt 0)

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



Unless you're grandfathered in with an old bid, the minimum bid is ten cents and has been that way for a long time. It's not a Panama feature.

Are your competitors on YSM?

ffctas

10:02 pm on Nov 29, 2006 (gmt 0)

10+ Year Member



I am aware that min. bid has been 10 cents. I was figuring with the Panama change they would lose the minimum.

vphoner

11:43 pm on Nov 29, 2006 (gmt 0)

10+ Year Member



Does yahoo use CTR to determine position and price?

mike_ppc

12:01 pm on Nov 30, 2006 (gmt 0)

10+ Year Member



In Europe the minimum is 15 euro cents, that is now approx 20 US cents....

PPC_Summit

7:14 pm on Dec 3, 2006 (gmt 0)

5+ Year Member



Yahoo will be using CTR to determine position and price but that won't happen until everyone is transitioned over to the new system, sometime in the first quarter of 2007.

Cheers, Mary