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+--- Thread: How to compete with a high bidder? (/showthread.php?tid=6448)
How to compete with a high bidder? - cbtech - 10-17-2019
Lets just say you are an advertiser who usually bids within say $100, we know as per the market requires gve or take $10 or $20 more or less.
Now, here's comes this competitor who at the opening bid starts to go of with $150 or even more. And he keeps bidding until he gets the ad place. How to deal with this kind of competition?
RE: How to compete with a high bidder? - lordp - 10-17-2019
Seems like that he or she doesn't have much of a business strategy.
The clever thing to do is to wait until he or she goes bankrupt. I have seen this type of bidders they are basically newbie who just want to won. Once, they have realized that they have spend more money then they can actually get back in return they will stop.
RE: How to compete with a high bidder? - white knight - 10-18-2019
Wait it out. Its not going to last long.
RE: How to compete with a high bidder? - lazylord - 10-19-2019
You can also game the system and let them crash. Just raise the bids if they fall for it then the fallout will be quick.
RE: How to compete with a high bidder? - seoninja - 12-19-2019
(10-17-2019, 04:43 AM)cbtech Wrote: Lets just say you are an advertiser who usually bids within say $100, we know as per the market requires gve or take $10 or $20 more or less.
Now, here's comes this competitor who at the opening bid starts to go of with $150 or even more. And he keeps bidding until he gets the ad place. How to deal with this kind of competition?
Tips to Beat the Competition:
Identifying the most qualified vendor through of various tools like spyfu.
Evaluating the bids.
Be ready to start.
Be picky about opportunities.
Spend time researching keywords.
Discount strategically.
RE: How to compete with a high bidder? - Goyum - 01-15-2020
Either try to come in just below your competitor on the same SERP or choose a keyword or keywords that may be more pointed than you competitor and stay away from the high cost keyword.
RE: How to compete with a high bidder? - Alex Jones - 04-18-2024
Competitive bidding is a formal process to identify and request equipment and services the applicants need, so that potential service providers can review those requests and submit bids for them