...
As far as the quality of names on BIDO, that isn't even a relative question. They're usually garbage, with the occasional outlier. For example, here's the most recent list of names I got from BIDO.
For example, here's the most recent list of names I got from BIDO.
Quote:
Hello XXXXX
Today's upcoming auctions on Bido are:
03/11/2010 12:30 AM EST: 12lb.com
03/11/2010 9:00 AM EST: epaperwork.com
03/11/2010 9:01 AM EST: burgerpros.com
03/11/2010 9:02 AM EST: viperpit.com
03/11/2010 9:03 AM EST: mutualfundrisk.com
03/11/2010 9:04 AM EST: mutualfundreturn.com
03/11/2010 9:05 AM EST: tabletstylus.com
03/11/2010 9:13 AM EST: explores.de
03/11/2010 9:16 AM EST: announces.de
03/11/2010 9:23 AM EST: mystery.cc
03/11/2010 11:22 AM EST: langkawi.asia
03/11/2010 11:32 AM EST: sailors.in
03/11/2010 11:54 AM EST: girlsbicycles.net
03/11/2010 11:55 AM EST: womansshoes.net
03/11/2010 11:56 AM EST: buffalonickel.net
03/11/2010 11:57 AM EST: usedguitar.org
03/11/2010 11:58 AM EST: weightliftingsupplements.net
03/11/2010 11:59 AM EST: campingtrailers.org
03/11/2010 12:00 PM EST: romance.bz
03/11/2010 12:01 PM EST: desks.mx
03/11/2010 12:02 PM EST: 12-3.com
03/11/2010 12:03 PM EST: ecop.net
03/11/2010 12:04 PM EST: seasonaljobs.us
03/11/2010 12:05 PM EST: 3dfilms.org
03/11/2010 12:06 PM EST: icam.info
03/11/2010 12:07 PM EST: nationalservice.us
03/11/2010 12:08 PM EST: hdprinters.com
03/11/2010 12:09 PM EST: eaj.me
03/11/2010 12:10 PM EST: kiev.mx
03/11/2010 12:11 PM EST: edg.me
03/11/2010 12:12 PM EST: freevideos.cn
03/11/2010 12:15 PM EST: law.cx
03/11/2010 12:20 PM EST: isues.com
03/11/2010 12:26 PM EST: xeyk.com
03/11/2010 12:29 PM EST: partysupplier.net
03/11/2010 12:30 PM EST: usb2.us
03/11/2010 12:31 PM EST: industrialtools.net
03/11/2010 12:32 PM EST: fanfictionworld.com
03/11/2010 12:33 PM EST: amazingpets.us
03/11/2010 12:34 PM EST: creditvisa.net
03/11/2010 12:35 PM EST: cbd.co.uk
03/11/2010 12:36 PM EST: memorialsite.com
03/11/2010 12:37 PM EST: aboutthe.net
03/11/2010 12:38 PM EST: vjump.com
03/11/2010 12:39 PM EST: ifollower.com
03/11/2010 12:40 PM EST: convictsearch.com
03/11/2010 12:41 PM EST: bisonranching.com
03/11/2010 12:42 PM EST: correctiveeyesurgery.us
03/11/2010 12:43 PM EST: bangormaine.us
03/11/2010 12:44 PM EST: flowersfast.us
03/11/2010 12:45 PM EST: visamerchant.net
03/11/2010 12:46 PM EST: clinicalspecialist.org
03/11/2010 12:47 PM EST: printerinformation.com
03/11/2010 12:48 PM EST: creditdifficulty.com
03/11/2010 12:49 PM EST: sharefile.us
03/11/2010 12:50 PM EST: websitelayouts.net
03/11/2010 12:51 PM EST: allinstitutes.com
03/11/2010 12:52 PM EST: officeclients.com
03/11/2010 12:53 PM EST: siliconalley.us
03/11/2010 12:54 PM EST: militarysupply.us
03/11/2010 12:55 PM EST: newjerseygreenhomes.com
03/11/2010 12:56 PM EST: microfiberbag.com
03/11/2010 12:57 PM EST: landloancalculator.com
03/11/2010 12:58 PM EST: cheaptv.info
03/11/2010 12:59 PM EST: dreamweaver.in
03/11/2010 1:00 PM EST: optimaldeal.com
03/11/2010 1:01 PM EST: obamanomics.ws
03/11/2010 1:02 PM EST: browseanonymous.com
03/11/2010 1:03 PM EST: vgq.us
03/11/2010 1:04 PM EST: catbreeder.us
03/11/2010 1:05 PM EST: plastico.us
03/11/2010 1:06 PM EST: sitegaming.com
03/11/2010 1:07 PM EST: g5u.com
03/11/2010 1:08 PM EST: taggirls.com
03/11/2010 1:09 PM EST: biddable.com
03/11/2010 1:10 PM EST: sitelearn.com
03/11/2010 1:11 PM EST: stomachache.us
03/11/2010 1:12 PM EST: calorie.org
03/11/2010 1:13 PM EST: proprietorship.us
03/11/2010 1:14 PM EST: gastrologist.in
03/11/2010 1:15 PM EST: videogamestatistics.com
03/11/2010 1:16 PM EST: webdesignvalue.com
03/11/2010 1:17 PM EST: xdie.net
03/11/2010 1:18 PM EST: womensites.net
03/11/2010 1:19 PM EST: celebhairstyles.net
03/11/2010 1:20 PM EST: pokersite.tv
03/11/2010 1:21 PM EST: lengua.mx
03/11/2010 1:22 PM EST: mucky.org
03/11/2010 1:23 PM EST: inclusiveholidays.net
03/11/2010 1:24 PM EST: remortgagequote.net
03/11/2010 1:25 PM EST: lmbu.com
03/11/2010 1:26 PM EST: dieselvehicles.net
03/11/2010 1:27 PM EST: compactstereo.net
03/11/2010 1:28 PM EST: workoutmachines.net
03/11/2010 1:29 PM EST: firesuits.net
03/11/2010 1:30 PM EST: longbeachca.us
03/11/2010 1:31 PM EST: beachresortdeals.net
03/11/2010 1:32 PM EST: educationgrant.org
03/11/2010 1:33 PM EST: fotofido.com
03/11/2010 1:35 PM EST: mob.mx
03/11/2010 1:36 PM EST: webstudio.cc
03/11/2010 1:37 PM EST: avoidingforeclosure.us
03/11/2010 1:45 PM EST: ironshelving.com
03/11/2010 1:59 PM EST: womensfashion.in
03/11/2010 2:00 PM EST: youlisted.com
03/11/2010 2:01 PM EST: customlaptop.net
03/11/2010 2:02 PM EST: isaxophone.com
03/11/2010 2:05 PM EST: airborneshipping.com
03/11/2010 2:10 PM EST: ggas.net
03/11/2010 2:11 PM EST: shady.info
03/11/2010 2:15 PM EST: mobicreative.com
03/11/2010 2:25 PM EST: uzex.net
03/11/2010 3:00 PM EST: kitchenovens.net
03/11/2010 3:01 PM EST: msx.net
03/11/2010 3:03 PM EST: dasp.com
03/11/2010 3:04 PM EST: comedyvideos.net
03/11/2010 9:31 PM EST: altered.de
Of those 120 auctions, these 20 sold (1 in 6):
horney.mobi $28
mob.mx $60
workoutmachines.net $28
lengua.mx $135
g5u.com $146
websitelayouts.net $28
clinicalspecialist.org $28
visamerchant.net $100
flowersfast.us $28
correctiveeyesurgery.us $28
death.mx $28
hdprinters.com $101
campingtrailers.org $42
usedguitar.org $42
womansshoes.net $28
girlsbicycles.net $28
mystery.cc $28
announces.de $108
explores.de $99
dancingcareers.com $28
Here at Bido, we have something called a "
BidoPrice", it's what other auction sites call a "reserve". When sellers list their inventory, they select their BidoPrice. The auctions start at $28 minimum bid. Sellers also have the choice to start the bidding at the level of their BidoPrice. For example, if they do not whatsoever wish for bids for less to be allowed to be placed. Anyway, most of the auctions start at $28. If the auction ends and there were bids (or one bid..) for less than the BidoPrice, sellers have 24 hours to decide to accept the high bid should they wish to.
In the case of pepe.com, the domain was submitted with a $35,000 BidoPrice. It was quickly voted into auction by the community. The auction ran and the highest bid was for $15,000. The seller had a choice, 24 hours to accept the 15K or walk away. Shortly after the auction, the seller decided to sell, logged in, and clicked the link to accept the high bid.
For this reason, the sale only happened because the seller was actually happy with this amount. It was not forced upon the seller to sell for this amount.
Early on, all the auctions we ran on Bido (1 auction per day, at the time) started at $1 and had no reserve. It's important to realize this is not the case with Bido for many months, ever since around the time we started to run multiple auctions per day.
Bido provides liquidity. We designed the platform where we crowdsource the selection process of what goes to auction (see
Vote For Profits). The voters vote on the domain, based on how likely it is to sell for it's BidoPrice or more. If you vote on an auction that sells, you earn a percentage of the sale price. The first to vote earns the most, and you can cast between 1-3 votes. This is how we filter the inventory, it's pre-screened and for that reason we have inventory that is "in-demand" and without an excessively unrealistic desired price. Only the domains that are in-demand and priced accordingly make it to auction.
This format also keeps buyers coming back, because they find value in our inventory. It's also why our sales ratio is as attractive as it is.
For these reasons, we provide liquidity to the industry.
Let's face it, selling is hard. Some domain owners are able to hold out until they get an extraordinarily high offer from a buyer. However, on the other hand, finding a buyer when you need one is not always as easy as you would like. Liquidity and "end user" or "top dollar" sale amounts are two different ends of the spectrum. For a seller who needs to sell, Bido can help. We do it every day of the week.
"Selling an item" is an active process, think of it as a verb.
An item that "is for sale" is nearly describing that it is for sale, for the right price - think of it as a descriptive noun.
Bido is for those sellers who are engaged in selling for prices that the community will agree are likely to sell.
The other marketplaces are for sellers who wish to put their items in "make offer" status and sit and wait. And waiting forever is often part of the process.
Bido is faster paced, inventory goes into the system and is churned, think of it as a money sorting machine, with a motor, gears, and a selection process. Everything finds its place, it either falls out of voting, or gets voted in, then it either sells or does not sell. This process starts and stops, with a maximum timeframe that is pre-defined. Your domain is actually in front of voters and buyers, being seen, getting maximum exposure, and all the while you will know what is going on at each step of the way.
The other aspect that I would like to touch on expands on my previous comment about selling is not always easy. Here at Bido, with our Vote For Profits program, those who vote your domains to auction have an interest for the auction to do well and sell. The reason is because the voters make money based on the sale price. Pepe.com is also an interesting case study that expands on how Bido makes selling easier. The interesting thing is not only did the domain sell for $15,000 when the seller preferred the money instead of the domain, but the sale actually happened because the buyer saw one of the voters mention it on Twitter the day of the auction. Not only are sellers able to market their auction to the world and get the word out, but the voters may market it as well. And we continue to enhance this aspect of Bido. As the community gradually learns to understand what Bido is for, and how we do things, Bido grows. Sellers realize to turn to Bido when in need of liquidity. Buyers find value. Those looking to learn how to better gauge liquid value may do so by voting using the complimentary voting points we give away. And those looking to earn a significant income just for voting may do so as well. Everyone wins.
I hope that when we all think of Bido, we think of Bido as a venue where sales happen and that Bido provides liquidity to sellers (and value to buyers). If you are actively looking to sell, try Bido. If you are just looking for an interface where you can park your domain and negotiate with prospects if they come along, Bido is not a good choice for you, because we don't offer that. Bido is also not a replacement for the other various "list and pray" venues.
And with our BidoPrice format, it's a layer of protection to ensure your item does not sell for what you feel is a drastically low price.
Thanks for the opportunity to discuss. I may be reached at
[email protected].
Best regards,
Jarred