You are using the word "lottery" from the customer's perspective. You have no explanation of how "lottery" has anything to do with knowingly bidding on a link in a directory? You come in this thread talking about how useless it is and you cant even back up your views... Your posts do anything but get me down. Sorry if I came off as rude, but I was just asking you to explain your thoughts.
so, the big zorg is on sale! best of luck with your sales mikey! am facing internet problems so i was off line for the entire last week, am still on a public computer, anyways, wish you best of luck, cheers, uttoransen!
Okay, here's my line on why I think a bidding for a link is a lottery, I'm going to post it once, and never again, if people need to refer to it then hyperlink to here. Lottery by definition is when an event or affair whose outcome is or seems to be determined by chance. This is a black and white fact, no if's or but's. Now tell me if bidding for a position in a directory not guaranteeing a place because someone else can come along and bid higher, so your initial bid is made in 'CHANCE' that it stays the highest, it goes on and on.... So in a nutshell: Lottery = CHANCE Bidding = CHANCE Enough said I think.
not really a chance as you can't control chance (you can always bid more and more...) of course not the smartest link building...
If you think about it, isn't bid linking pretty much the same as AdWords and other PPC programs really?
Nope, because bid directories are meant to provide good backlinks for those who can afford paying for them, and google thinks the following: Adwords on the other side aims to provide targeted traffic. But, if you write on your bidding directory "deliver more traffic to your site by bidding on our directory" then I'm sure you won't have problems.
Google has a filter for excessive cross-linking. Have certain paid and bidding directories been identified as one giant network of over-crosslinked sites? Has anyone who is penalised tried to fix this situation by gathering links from lots of non-directory sources? That would be the test.
If the companies at wall street starts throwing thousand of dollars JUST FOR A LINK then it would be nice and legit. Other than that its just the webmasters. Surely big companies knows where to throw $3k or more since they know there are more people to feed and give these dollars put to work on a more sane level. It's just a smokescreen and lies spearheaded by some and like someone said its not a smart thing to do.
Jeepers, its like talking to brick walls, of course its chance, you can't control a bidding war can you and that's the point I was trying to make. Your spot on with the 'not the smartest', I think bidding is a total waste of time and even if we talked on this topic for ever and a day i'm very unlikely to change my mind.
This is not different from the guy who opened a discussion to ask everybody else to shut up. You gave your point let others say what they think.
The only thing I find disappointing, IMHO, is the fact that MystikMedia and Lance invested a ton of money into the top 6 links and then shortly after you look to sell because of "no interest" and google issues. If I spent $5000 on something and then noticed the owner quickly trying to get rid of the site because he doesn't have time or is selling it due to recent issues, I'd be quite upset with him. In any case, I think it's a tough time to sell a directory and that you are probably going to take a loss both with reputation and financially if you sell now. Just my 2cents.
i have already spoken with lance and chris. Their investment will not be wasted, i dont think the auction will meet the reserve, and if it does there shall be a list of conditions that the buyer has to meet.
This is the sort of thing that people who have invested in this directory will want to hear, that you are selling it as a going concern rather than just a domain and some intellectual property. Will there be a contract involved that says something along the lines of "sold on condition that the new owner doesn't dump the links, make permanent ones annual, etc"?