Autobidder

From Справочник сервиса Kadam.net
Jump to: navigation, search

Autobidder is a mechanism actively used in electronic auctions and exchanges. This functionality allows to automatically, without your personal participation, change rates when buying or selling traffic. Working with the Kadam service, you automatically get the opportunity to use our internal autobidder.

When participating in the Kadam traffic purchase auction, the autobidder automatically lowers your rate by adjusting it to market demand. If you set a very high price, your budget will be spent too quickly. Then the auto-bidder mechanism turns on, which reduces the price according to the second-price auction rule. That is, the maximum bid among all available offers will be automatically reduced to the second maximum bid + a small step (0.01 rubles).

This mechanism allows to more effectively participate in the bidding for the purchase of traffic.

EXAMPLE:
The following rates are traded: 25 / 43 / 17 / 12. For bid 43, the auto bidder will automatically lower the bid and the new value will be 25.01 (25 is the second maximum bid + 0.01).