LinkBidr.com - Promote Anything at Your Price

LinkBidr is about promoting your site and products on the web for a price you set, forget about paying for clicks and impressions. All you do is sign up on LinkBidr, and then bid on a link position, if you win, you’ll get a full 24 day’s worth of advertisement on their website for the price you are willing to pay, and probably less! On LinkBidr, you can propose your bidding price, and then enter in the amount that you would, hypothetically pay at the maximum. Other bidders won’t be able to see this amount. They’ll even give you $5 to dump into your LinkBidr account to start logging on, having fun, and promoting your link.

"Linkbidr is all about having fun. Your final price gets you unlimited clicks. Never pay for each click again. Just bid on a link position to win your way to 24 hours of fame on the front page. Customize your link any way you want. It's so easy, anyone can do it. Just follow the six steps below to get started and watch your traffic soar. "

I am really not sure what to make of this website. The concept is really great, the idea that promoting your link could be achieved auction style, but I am also not sure that the site has enough traffic to make it worth a business’s while. If this site got a lot of unique page visits per month, the potential for attracting those looking to promote themselves would be significant. However, it looks like this site is merely a place where a niche group of people would go to bid on promotions that other’s would unlikely view. Though, their business model is phenomenal, as it essentially it acts as an advertisement hub.

How will they market this product so that promoters will want to use their site, in other words, how do they plan on boosting traffic so their tool is usable?