I'm thinking of starting a bid directory, should i ?

Is it wise to start a BID directory, especially after google is cracking down on link sales ?

 

It depends what your reasons for starting it are... if its to make money then i'd say know (you'll probably only earn peanuts ie bugger all, a few dollars at most), if you want to do it for the experience, then sure, although i'd suggest going for a standard directory...

 

If it something your interested in and would like to take on then do it.

 

Just give it a try... G seems to like bid directories more than general directories as they are a bit less pr orientated.

 

if u are really interested i think u can buy any good one instead of promoting from ZERO.

I have 1 if u like to put ur hands

 

it deponds on a few things:
1) your promotional methods,
2) ammount of your promotional budget,
3) patience when the submissions are tight,
4) constant hard work for your directory,
5) ability to take the hit when someone comes and say that bid directories are bad, it hurts as you put a lot of work[time, money, dedication] into it!!

if you are planing to earn a quick buck, don't bother as its not all that easy, you will have to work on it, build links[paid or hunt for free links!] this is not going to be easy!

if you like the concept of the bid directories, if you want your submitters to have full control over their listing positions, if you plan to work hard on your directory and build it a resource for your end users then bidding directory is the right thing for you!

 

Once i get my PR upto 5 or 6.. isnt bid directory an autopilot ??

 

It is not really easy as you think buddy. It will be not on autopilot as you cannnot auto approve all the links on your directory and there are many other factors.

 

I would say no. It is just too much work for too little income.

 

How much would a good promotional budget be and how much time is needed to remake that amount?

 

I don't think bid directories will make you money unless you have good PR. Start free and grow from there.

 

A good promotional budget is not a one of amount, promotion, it is ongoing and should never been seen as one size fits all.

As for time to re coup that amount, that question is a very hard one to answer, if you spend your promotional $ in a poor way by investing in some ones wham blam glitter n glam you may never see your $ again, just to many experts these days sprouting rubbish to get your $

In addition Promotion / marketing is very hard to measure in that it is continual and it may be an add you placed 6 months ago that gets a bite or one placed yesterday.

The best approach is some thing like having 3 or more ads running where you can monitor results, let them run and say every month ( or whatever suits ) dump the bottom performing ad and replace it with a new one, then let it run another month ( or set time period )

What ever you do, just remeber to keep doing it for best results, stop promoting and people stop thinking about you. little often is better than big once and keep it simple.

 

all paid directories are bid directories ,if you want to get on top buy a featured link , if you just want a backlink buy the cheap ones.I can honestly say my bid directories make 10x what my standard directories are making and they are both pr6 too.having said that , they can also be a pain in the ass especially when you get people paying 1.00 when minimum bids clearly say 10.00.Also the bid directoroies seem to attract more spammers.

 

While this is true for most that submit to bidding directories. There are several that bid higher simply for the traffic reguardless of what the little green bar shows.

 

well i'll tell u one thing ...

You should not start a directory period. Because your goals stated will lead to another crappy directory online and we don't need any more

On the other hand, don't buy one either because those sites has already made their money ... (especially bidding directories) .... Don't get greedy and see the highest bid ... and say i want this one because no guarantee that someone will outbid that high bid.

example: http://www.zorg-links.com/

highest bid updated on september 3rd

http://www.beacon-directory.com/

highest bid is from september ...


http://www.dream2bid.com/link/19.html

highest bid updated in august ... this is december ...


i think my point is clear.... no life in a bidding directory .. they are a short-term boost and than done if you want to do it for experience go ahead. Start a general directory if you want they have much life (IF RUN WISELY)