Bido.com - Social Auction Platform

I downloaded the sales results excel file for bido since the restart. The first several months showed few sales, but exclusively $XXX and $XXXX auction results, and then it suddenly took a plunge (June 8th) and from then on, higher frequency of sales, but the majority of sales are in the $XX range (mostly $38 opening bid). Is this about the voting, or the quality of names, number of registered users, or something else?

Hello,

Knock knock knock ..... BiDo .... are you in there?

Please explain the reason for restarting names w/ 30 day auctions.
Why is there no standard procedure? Who determines the length of
auctions?

I would rather not anger potential buyers. No one expects a 30 day
auction. I can not find any verbiage explaining this procedure so
I'm sure a new bidder wont either.

It would be nice to know what to avoid so I (we) don't have this
Happen again.


NN

The website BIDO.com is currently off for me. Anyone else?

Yep, - Oops! Google Chrome could not connect to www.bido.com

Looks like for awhile, this was posted on Twitter an hour ago -

We currently experience some technical difficulties - we will be back shortly. apologies for the inconvenience.

I find Bido quite good. The only problem is too many junk on there. Puts too many buyers off. If only they could be some form of quality control. i.e only quality domains get accepted for auction and non accepted domains can be listed elsewhere on the site.

__________________

musicdownloads.cc addicts.co.uk
gotten.co.uk

The concept of voting was meant to prevent junk domains. It sure is working, huh?

richface said:

I find Bido quite good. The only problem is too many junk on there. Puts too many buyers off. If only they could be some form of quality control. i.e only quality domains get accepted for auction and non accepted domains can be listed elsewhere on the site.

Click to expand...

Bido is back up, but has this message:

Due to unexpected maintenance on the site, all auctions scheduled to end today July 11 will end on July 18. We apologize for the inconvenience.

I've accelerated a domain a few days ago. But it's not listed. After I choose the date, the screen freezes up. The credit was removed from my account and the domain refuses to list. BIDO is buggier than ever.

I've been checking it out the past week or so , and am wondering where all of the English based .DE's are coming from. None of which seem to have any problem getting Voted in or at least 1 bid. I've only seen a handful of .com's period and they are pretty much buried in .DE and .ME .... Kind of sad to see , they've put a lot of effort into it - But it still seems to need an extra security measure or two.

Hi Mark, There is currently a company buying English .de domains on Bido most of .de domains are accelerated which then enable sellers to select a date for auction. But you are right there are way too many .de domain names now and I think the company will stop buying them very soon. I have personally sold over 100 .de names on Bido. The quality of .com and other Top level domains on bido are very low quality hence the reason why people vote for .de domains as they are currently the best sellers.

Regards

Rich

---------- Post added at 05:33 AM ---------- Previous post was at 05:27 AM ----------

Archangel said:

The concept of voting was meant to prevent junk domains. It sure is working, huh?

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Archangel, I totally agree. The reason is because most people accelerate the junk domains, this makes the voting process less effective. perhaps Bido can enable the acceleration feature only after a domain has been voted to auction. But I think they won't make any changes they must depend alot on the money.

They don't care about the users. If you are ever told that they do, well, it's a lie. Money is their only objective (do you really think they care about making some kind of an important sales platform? Nah -- money is the only reason BIDO exists). But this practice is common & trivial. Even movies are made for the money. The Potter movies were never made to make fan happy, only to get into their wallets. As long as BIDO makes money, they don't care about quality. It means nothing to them so long as a steady pay comes from this.

richface said:

Archangel, I totally agree. The reason is because most people accelerate the junk domains, this makes the voting process less effective. perhaps Bido can enable the acceleration feature only after a domain has been voted to auction. But I think they won't make any changes they must depend alot on the money.

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these english .de sales are very strange !!!!

Archangel said:

They don't care about the users. If you are ever told that they do, well, it's a lie. Money is their only objective (do you really think they care about making some kind of an important sales platform? Nah -- money is the only reason BIDO exists). But this practice is common & trivial. Even movies are made for the money. The Potter movies were never made to make fan happy, only to get into their wallets. As long as BIDO makes money, they don't care about quality. It means nothing to them so long as a steady pay comes from this.

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What? When did making money become a bad thing? And if they're making money that means......... domains are selling. Which is the point of a domain auction. I see all those .de sales as well. Tells me somebody is in the market for them. Do you want them to ban .de sales or something? I asked before, do people have any suggestions to make Bido better? Lay them out there.

1.) I never said or hinted that making money is bad. I said that they care none for the purchasers other than their cash. Proof: Look at their entire model. There is no point in even being voted in anymore since voted domains take 2-5 months to be listed while paid submissions get in within a week, in most cases.

2.) No, you are wrong. BIDO making money has nothing to do with domain sales. Their acceleration makes them more in a day than they do with domain sales, I'm sure. Remove their $9 or whatever acceleration thing and BIDO might not make $50 a day tops.

JB Lions said:

What? When did making money become a bad thing? And if they're making money that means......... domains are selling. Which is the point of a domain auction. I see all those .de sales as well. Tells me somebody is in the market for them. Do you want them to ban .de sales or something? I asked before, do people have any suggestions to make Bido better? Lay them out there.

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"I said that they care none for the purchasers other than their cash."

That's a bit of a stretch, since they don't exist without purchasers/people.

As far as how long it takes to get in, something I've complained about myself, but I've seen it get a little better, just a little.

As far as 2), agree with you there but they do make some with domain sales. Not sure how much they make in accelerations but with that, if those domains aren't selling, those people who accelerate are losing money.

"The Potter movies were never made to make fan happy"

c'mon now, haha. I don't recall seeing too many unhappy Potter fans, they seem happy/crazy.

Apologies if I came across as mean. It wasn't my intention but I'm pretty sure I could have worded that out better lol

That quote is good. I suppose I'll amend to it: If a purchaser has no money, BIDO doesn't care about them, placing their care in other members who have cash--cash that they want.

BTW Most fans of the HP movies are fans of the movies alone/have never read the books. The vast majority of fans of the books hate the movies. I've read all 7 books (seriously lol) and the movies, although nice, are far from what the books are :p

JB Lions said:

"I said that they care none for the purchasers other than their cash."

That's a bit of a stretch, since they don't exist without purchasers/people.

As far as how long it takes to get in, something I've complained about myself, but I've seen it get a little better, just a little.

As far as 2), agree with you there but they do make some with domain sales. Not sure how much they make in accelerations but with that, if those domains aren't selling, those people who accelerate are losing money.

"The Potter movies were never made to make fan happy"

c'mon now, haha. I don't recall seeing too many unhappy Potter fans, they seem happy/crazy.

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No, didn't come across mean.

"BTW Most fans of the HP movies are fans of the movies alone/have never read the books. The vast majority of fans of the books hate the movies. I've read all 7 books (seriously lol) and the movies, although nice, are far from what the books are"

Can understand that. It's kind of like that with the Conan the Barbarian fans. I was reading awhile back how all the people that loved reading the Conan the Barbarian books, hated Arnold in the role. Too big, wrong hair color, etc. I thought he was perfect for the role but I never read a lot of the books tho, just a couple I think when I was little kid.

I can understand that. The Potter movies screw around with the plots, in small but still annoying ways. I haven't seen the 6th or 7th (parts 1 or 2) yet and I dunno if I want to. Ugh. :p

But back on-topic: I had a few credits so I added a few domains for auction (see my sig). Dunno if anything would come of it but it's worth a shot, I suppose.

BTW - I have nothing against .DE ... It is the strongest CCTLD and has been Second only to .COM as far as Total registrations go (AFAIK) for a long time. It's just odd to see entire pages flooded with them.

Mark, I have traded with the .DE buyer on Bido for a long time. Most of the domains will be used as redirects to a .com. Trust me I am not surprised as some are. I know English is not the Germany's first Language but when it comes to internet searches and shopping they do type in alot of english words to find products. Germany is by far the largest economic Giant in Europe and currently have major american and UK companies setting up businesses in Germany. Searching for a product in English obviously will give users more options. Redirects are also big business as I stated I have sold over 100 .de names on Bido alone and not just to one buyer and sold over 30 outside Bido.I began By hand registering 200 names Last year. Some sold via sedo and some private. I was the first to sell a .de name on Bido with bedframe.de selling for $510 trust me there are more buyers out there for .de redirects and I am lucky to have a few clients who sometimes send me a list of specific .de names they require as .coms are just way to expensive. In regards to Bido making money of accelerations I think they have to make some money some way and business is all about the money I guess.

a .DE is only worth when the keyword is in German...!

Apparently you never read the post above yours.

Pryda said:

a .DE is only worth when the keyword is in German...!

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Archangel said:

Apparently you never read the post above yours.

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i did but i wanted to keep my comment short. im from Germany and im a computer engineer.. i got very good inside of companies and their domain needs. and again: english keywords with .DE extension arent worth anything to the germans... its you guys who're thinking it's worth money.. not the Germans...

and to the comment above mine.. we definately dont type english keywords into search engines to find a porduct.. maybe int. words like notebook etc... but for clothing and anything else we use the german word. if u check sedos recently sold rss feed ull see that there are a lot of German keywords being sold in .de .eu and the gtlds but not <english-keyword>.de ...

if u check the whois entries of english-keyword .DE domains ull see that the owners arent German...

Pryda is 100% correct.

that is why i am astonished about these "redirects".

no one, i repeat absolutely no one in germany who is looking for bed frames, would type in bedframes.de or look up "bed frames" in google. of course english is the most popular foreign language in germany and is learned in school as second language. but that doesn't mean that people look up for "bed frames" (or take 99% of all other english.de names sold @ bido).

you can also check keyword tool for local searches.

46 exact searches / month from germany for "bed frame"
and i bet these 46 people are american soldiers in germany.

Yes, notebook, netbook, wireless, PC, gaming, etc....such words are worth a LOT, but you must be a native german speaker to be able to know which words are used here and which aren't. and the guys buying the names @ bido obviously don't have any clue.

now you could say: if someone (or few parties) are buying such names, then there is a market and these names are worth something. well yes you could say that. but that doesn't mean that there is any logic behind these buys. this market is very fragile and as soon as the buyers see that they were wrong, all these buys will stop. i guaranty it.

honestly, the first time i saw these sales on bido, i thought 100% shill bidding. but now that richface mentioned his sales, seams like some people (or is it only one guy? i don't know) are really buying such names. all i can say is : these are stupid buys (IMO!).

@richface: my intention is not to badmouth your .de sales or something. i am just been honest and telling the plain truth about these domains.

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forgot to say this: the ONLY option which comes to my mind, is that someone is buying these names without considering the german market at all ! i mean just for the great keywords. i mean to look at it like a gTLD! (lets take .de instead of .biz or .info) and hope to be able to rank good in google for other markets that german market. i have no experience as how google treats this. and i don't know how visitors (english speaking, from other countries) would look at .de extension (confusion?). but anyway, that is the ONLY option which comes to mind.

I see what you're both saying. And your points are good. I can't argue with that.