I have listed the domain name SBLL.com and it is currently on auction on Bido.com .
The auction is underway with the opening bid being $28. The auction ends at 2:12 CT today! If you do not have an account with Bido, it is free to sign up.
SBLL.com was first registered in 1999 and has been since.
.net, .org and .us domains are registered with all being developed sites.
This is a great domain and I appreciate any bids as the domain WILL sell to the highest bidder. Will it be you?
UPDATE: The bido auction for SBLL.com ended for $125 on 4 bids. Did the buyer get a killer deal? Post a comment.
Up next for me:
Yoxa.com goes on auction tomorrow at Bido. Starting price is $550 with a buy it now of $1,100.
UPDATE 2: Yoxa.com sold for $555 on 2 bids.
ricksdomains
Good name, so so price.
I dont understand bido though. I mean my head spins when I read all the different options / rules / verbage.
What happend to the buy and sell only model?
Jamie Zoch
I agree Bido is very confusing. The site is loaded with very below par domains that really shouldn’t even be auctioned off. If domains are being “voted” in, the people voting have no clue and there only intentions are to make a couple pennies because they voted on the domain and hope it sells. Yes SBLL.com got voted in quickly, but it was listed at No Reserve and it’s a good domain. The problem, nobody really uses the site anymore due to the large clutter of junk listed daily. I took a chance and listed SBLL at no reserve and I think the buyer got a great deal. I could of sold SBLL.com on any forum, eBay, twitter, facebook, ANY PLACE for $125!
Jarred Cohen
Bido is confusing for some, there are many features, because we have 3 groups – Buyers, Sellers, and Voters. Voters pre-screen the submitted inventory for the Bidders, and also help the Sellers in marketing. We plan to enhance all these aspects, make them more simple to do and understand.
We also plan to bring further accountability to the Vote For Profits system. The Vote For Profits program is still very new, and wet behind the ears (at this time, only couple of weeks since we introduced it). We are working to quickly adapt with the changes necessary to find a better balance of items that make it through voting vs. items that actually sell once they make it to auction.
@ricksdomains, thanks for the thoughts, we agree, there is a learning curve. We plan to improve things as mentioned above. Buy/Sell is not “engaging”, Bido provides an engaging atmosphere and flow in the process from submission leading up to engaging auction events. The difference is Bido provides liquidity and a fast moving churn of in-demand inventory through the auction block.
As usual, we appreciate the discussions and I’m also available at jarred@bido.com to discuss further and explore business relationships, see how we can help you better, etc.
Regards,
Jarred
Sahar Sarid
Hi Jamie,
It should be added here that every time there’s a three party transaction there is some complexity in place. It’s the nature of the beast. I agree Bido has unique features however the downside to understand those is largely overwhelmed by the upside of their benefits. The “Vote For Profits” program is extremely successful and while you may not yet realize it, the activity is what really counts. We can and will add more accountability to it without stopping activity, increasing quality while making sure voters are paying more attention to quality items, and avoid non quality.
As you know Bido is still very young, and we have a long way to go. We’re making progress daily and are on track with our progress. We spent all 2009 working on development, making Bido ready to take on inventory, to scale. While I won’t go into details here how we view 2010, I can tell you it is going to be very different than the previous year. We could not get to 2010 tasks without the initial investment.
Appreciate the discussion,
Best,
Sahar
Jamie Zoch
Keep up the good work Sahar! All I ask for is to trim down on the junk that is being auctioned each day. I think all the junk is keeping away the buyers for the good domains, which also makes people not want to list good domains because they will get lost in the crowd. When I hear back from Jarred, I will explain more but I’m sure you are very aware of the numbers.
Sahar Sarid
Jamie,
Thanks. About “junk”, most names I wouldn’t buy myself but others have their own ideas, and I respect that. You know how they say, “one junk’s is another..”. We let the community vote so it requires at least four individuals to agree on price in order to make it to the live auction area. We fully understand the process can be improved and before you know it, it will.
Best,
Sahar
Jamie Zoch
I respect that Sahar and I am willing to offer an idea that I think would help keep the daily auction area exciting. In order for a domain name to make it to Live Auction, two things must happen. A.) a submitted domain name must get at least 4 bids (as it is now) by members. Domains with at least 4 bids would be placed in a separate section on Bido than domains that do not have at least 4 bids… like “active” or something like that. In order for an “active” domain to reach Live Auction, B.) it must receive at least 1 bid. Based on this bid, the domain would be sent to auction at the sellers selected time. The bid must at least meet the Bido Price for the domain to go to auction.
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This would mean that any domain At Auction, Will Sell. This will also keep out domains that somebody is not likely to pay real money for! This would make for the sellers to price domains correctly to get at least the 1 bid or it will never go to auction.
Sahar Sarid
Hi Jamie,
Best to submit via our feedback page, as more can agree/disagree, and we can track so much better.
http://www.bido.com/Feedback
Thanks!
Sahar
Jamie Zoch
I have submitted it Sahar. Also to note… bido.com/feedback goes to a 404. It wouldn’t hurt forwarding that to the www. version
Sahar Sarid
Thanks for the note Jamie, will fix soon.
Best
Sahar