Stop Bidding Wars - Looking for Adult Bidders (14)
Hi, guys.
I am running Norway Straight on TJ.
When I first come into it, the bids for example on Tube8 TopSquare were around $0.2-$0.3 CPM (don't remember exactly)
There were some top bidders there with $20000 daily budgets (3 guys, or maybe less if someone was running multiple campaigns). So, I suppose they are all STM members.
I have match their bids. In some hours they try to outbid me. I match it again. They outbid again.
For now, the top bid on Tube8 TopSquare becomes is $1.52.
What the f..ck guys are you doing? I suppose it's fair and resonable enough to have approximate equal amount of traffic for all of us and bid not so much for this. Cause, we all have raised our bids, still have the same amount of traffic but pays for it X5 times. It's stupid and tough.
And it's not only on this spot. This happens on all the spots in all the countries. And there are the same people doing it. 2-3 guys that screw the platform.
I assume it could be even your VATs (virtual assistants) raising bids for you.
So, in order to stop this I think we have to teamed and discuss this. Simply bring a bidding plan (bidding rules) where all will have a fair amount of traffic for reasonable prices. Anyway we need to sit at the round table. In many big businesses people sit and speak, how everyone can benefit from situation, define some sort of a strategy for this.
Please, answer to this thread, who is among TJ bidders.
Also, anyone who is currently advertising on other Adult platforms and think that it's stupid to continue bidding wars - please reply to this thread and share your thoughts on this; hope we can introduce some game-changing things together.
1) message those guys through their domain registrant if they have whois protection
2) a vies code takes a few days to register for and solves the vat problem if anyone still pays that.
The prisoner's dilemma rears its head again ...
Originally Posted by cmdeal
OP, You are not getting the CTR point.
As long as my CTR is good, i can bid as high as i want.
You are right, if you have a good CTR you can afford to bid higher. I understand this.
I simply don't understand the situation, where all 3 bidders raise their bids while compete with each other, and pay x more $ for the same amount of traffic at the end.
Is not it easier to have skype of each other and simply deal about that? For example, set a rule at which 3 top bids are equal and when someone other outbid us - we raise our bids accordingly but also equals.
Maybe, I am thinking too idealistic, but it's more common sense solution that trying to roughly outbid each other.
I know, there are some guys on this forum who have even been left some niches and traffic sources due to the bidding wars. When there are a lot of competitors on traffic source - it's impossible to deal with each other. But when there are only 3-4 guys on placement which outbid each other regularly and consistently - it looks like some sort of stupidity, ego and greed.
Maybe, approach that I am trying to introduce is not worth time and energy and it will be hard to "play like a team" in case of bidding. But it could be tested anyway. Maybe, someone from STM have tried before to "team" in case of bidding? Will be useful to hear about your experience.
They are willing to take the losses to push you out and force you to another traffic source.
This is capitalism my friend. Your competitors are not trying to make friends and divvy up the traffic.
http://stmforum.com/forum/showthread...ic-Bidding-War
What you're suggesting is price-fixing, which is regressive to the market as a whole. Competition is healthy.
Originally Posted by kyleirwin
Originally Posted by janluc
http://www.stanford.edu/~jdlevin/Eco...20Concepts.pdf
The prisoner's dilemma is a situation where the participants each rationally engage in behaviors that maximizes their self interest, but in doing so, collectively create an outcome which is worse off for the parties involved. It is a very common phenomenon.
Originally Posted by dragoshsd
Finch's post which Kyleirwin linked - http://stmforum.com/forum/showthread...ic-Bidding-War - is an excellent read if you're in this sort of situation.
Originally Posted by cmdeal
I have read Finch's thread before, it's time to re-read it again.
Thanks, guys, for your input.
Also remember a lot of these guys have direct billing for pay sites, $1 trials, exgf/cartoon trials etc...
They will always top an affiliates budget/bid price
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