So far we've told you the sales commission is going up from 8% to 10%, and we've told you that the number of votes required in order to send a submission to auction is going up as well. What else could be bad news you ask? Lately, I wrote a couple of posts ( 1 ,2 ) about how a "Buy It Now" option is killing auction houses. So if we didn't announce ...

Our team is really not going to be happy with me telling you this as well. You see, they want to talk more about the good news, and I want to talk more about the bad news. So if you are sitting, some more bad news your way about the upcoming release: Initially Bido required ten votes to send a domain to auction, then we reduced to five votes, and n...

The upcoming Bido release is just around the corner and we thought, maybe it's time to share a little about it. Yesterday Jarred Cohen and I attended the South Florida Domainers meetup, where we met with many old and new colleagues. It was a lot of fun and was nicely put together by the organizers (thanks for that!). Since we're extremely busy work...

Part I is here Why is "Buy It Now" killing auction houses? We need to look deeper at the concept of auctions vs. the concept of a marketplace. Auctions are driven by engagement, while marketplaces are driven by transactions. On one end of the spectrum, $1/No Reserve auctions are definitely engaging, but they're too risky for sellers. While it wou...

Good morning, We have a very busy week ahead of us, working hard on a major release that is coming fairly soon. In the meanwhile, many have asked for a more in-depth sales data so we finally put it together and sharing it with you below. We hope you take full advantage of the data presented here. If you like what you see be sure to share it with ot...

July 13th 2009 was the first day we ran multiple auctions per day on Bido, it was a big day for us; many months of hard work, countless hours of dedication from our team, it was all finally ready to put to the test by the Bido community. A little unusual for business, we do not judge Bido's success by dollars and cents (I should write more about it...

I was watching some videos on YouTube and came across this one (below), a neat way to practice a rather difficult Shakuhachi's Meri/Kari notes ( another video by Perry Yung explaining further here). So as I was watching I was curious who is the person who made the video. Quick search within his videos and I found the name: Geni Skendo. Wanting to l...

All these were sold today on Bido, and few more still to go in the next few hours. That will put today at approximately 30 domains and an expected sales ratio in the range of 1:2.5 While it may not yet be the results you want we do believe in working from the bottom and building our way up. The right foundation is more important than a house of car...

As some of you know, Flowchart.com is one of our R&D projects, it is my partner's Jeff's little baby. So when I saw the following, I thought, while this blog really doesn't talk much about this intense project (flowchart.com blog is here), why not we all give Jeff a round of applause for a job well done? Via Business Computing World: Would we ...

A month ago, Mowing.Info sold on Bido for $1,446, today we have one listed that is sure to get some decent activity: Mowing.Org. As you may have seen yesterday, .Info is on the rise and today there are few more ?one word? .Info domains on Bido, which hopefully will make it an interesting day for all to watch, and even more fun for those who partici...

(part I, Part II) Few more of these triple digit sales on Bido today (below). Also note that .Info domains are starting to get real SEO traction lately. Something that I'm sure will add to their value in coming months/years. teenmovies.net $187 findyourscore.com $133 instantmastercard.com $112 feature.info $423 expenses.info $593 buy3d.com $540 el...

Few more pics (and a video) for the day, these are from a weekend getaway trip to Epcot Michelle and I went with Jarred Cohen and Alexis (wife) a couple of weeks ago. We had a great time and sure look forward to more in the near future. From left: Sahar, Michelle, Alexis, Jarred Jarred, Sahar Sahar, Michelle, on Maelstrom ride @ Epcot With ...

Recently I wrote about triple digit sales on Bido. It's nice to see they continue to add up daily. From our sales archive page, today's sales highlights: german.ws $104 massivepromotions.com $160 tased.com $240 manhattan.ws $140 butters.org $111 VIDEOGAMES.INFO was also interesting, reached $1,590 but did not meet seller's reserve price. Also we h...

Many know Bido as the market for lower quality domains, domains that go for 28$-50$ range. Our plan is to grow in stages, build a solid foundation. Now that we've made thousands of sales in the lower level (stage I, 99$ or less, see sales archive page here) we start targetting the next level, the triple digit range (100$-999$). Below are a number o...

Today we sold about 30 domains on Bido. With a healthy sales volume, we expect more sellers to list, and subsequently, more buyers to attend the auctions. We believe that starting from the bottom and building a solid foundation is better than starting from the top, and building a house of cards. It is cool to sell something for a million dollars ho...

You know what RT* when it comes to Twitter, but ever seen a blog RT? From Andrew Allemann, Domain Name Wire: Visit Bido today to get your share of 100 Bido credits. I?m sponsoring Bido.com today and giving away 100 free Bido credits. Here are the details: About Bido credits: When you submit a domain name to Bido, it needs to receive enough votes fr...

At 25 Years old I had no idea what I would do with my life, I was completely lost. I was playing Chess online for few years at that point, and although at the time I inquired about a networking/tech degree, it didn't make much sense to me. I did not like it that much, and I was definitely not passionate about it. As the story goes, I started domain...

(Today's Auction archive screenshot, click image to view full size) Still one auction going right this moment, DPO.INFO, current bid $150.00 This concludes October, it was definitely a fun month. Now come November, we have many new upcoming auctions (Monday for example, over 150 live auctions, see site for details) as well as a number of major impr...

(Image source) I looked at our monthly numbers today, we're gonna do about 1,700 live auctions for the month, and by end of month (two days left) approximately 450 lots would end up with a sale. That's a 1:3.7 ratio. It's not bad, however we do have much in store. By the end of the year the picture of what we do would get much clearer, giving you a...

(image source) With our new Reserve pricing structure (one Bido credit per one thousand dollars), your auction would start at $28 with no risk of selling for less than what you wish to sell. However, in the process, even if the top bid dos not meet your expectations, it will tell you the liquid value of your domain. In addition, even if the outcome...

By Jarred Cohen, Bido Reserve pricing Format Change, listing fees now cost credits: Reserve auctions on Bido previously cost a minimum of $29.99 upfront (3% of the reserve requirement or $29.99, whichever was greater). From today forward, however, the reserve pricing schedule is 1 credit per $1,000 of the reserve (capped at 10 credits maximum). Cre...

By Jarred Cohen, Bido COO It's been brought to our attention on a few occasions, more so recently, that vote fraud occurs at times on Bido. While our listings to sales ratio is attractive, many sellers wish to take advantage of this and increase their chances of selling their very own domains. To do this, some sellers are asking other people in the...

It was brought to our attention an email that is recently circulating promoting vote swap regardless of quality of domains on Bido. Our position on it is very clear: It is unacceptable. This specific person in question will get one and final warning about this issue, as well as all existing votes within his account reset, including all votes he mad...

From left to right: Recall Media Group's co founders Sahar Sarid, Jeff Bhavnanie, Darren Cleveland. By Darren Cleveland, Recall Media Group CEO So as many of you know by now, Bido has been spun off from Recall Media Group as a completely separate and operated entity with its own management team, led by my dear friend and colleague, Sahar Sarid. A...

Votes are great however, when there aren't enough, Auction Acceleration may be there to help. Here are few recent notable ACC sales on Bido: organicsonly.com (acc) - 107$ twutter.com (acc) - 1461$ nassauflights.com (acc) - 101$ 2uy.com (acc) - 216$ samw.com (acc) - 81$ To view more, see our sales archive here. Best, Sahar

As many know, we continue to interact with the community, solicit feedback, and evolve. There are many new features and improvements (mainly based on your feedback) coming to Bido soon. We fully understand Bido at its current form does not fit certain types of domains to be listed (higher value domains) and rest assured, these issues will soon be a...

For a while I hear the importance of a "Buy It Now" (BIN) option in auction systems. Yesterday, I got another reminder from a colleague where he sent a link to Sedo's article "Fixed Prices are the Future". On their blog, Afternic also states: AfternicDLS names that are priced sell at a 10x velocity over names that are listed for sale as ?make offe...

We've always been focusing on the need of the community, soliciting feedback, adjusting as needed. Now we're taking it to the streets. I'm here to ask from you, Bido users or a Bido observer, to write a guest post on my blog to tell us what you like about Bido, what you don't like, and anything else you have in mind. There's no rules what you can a...

I don't plan to do this daily however I have a little extra time right now, and some nice names coming tomorrow, so why not? Here goes: BUYMYSPACE.COM Ideas: "space" is pretty vogue. Could be for parking space, templates, advertising space on your parked domains, etc. LARGEST.IN I like the .IN extension. This could describe various records, as well...

With over 500 domains listed this week, we will now publish once a week our favorite picks. Our choices are based on a combination of ideas we have in mind when we view a domain, SEO benefits for domain keywords, and overall aesthetics. ENERGYBREATHING.COM WORLDTRIBES.COM PRECISIONREPORT.COM CHILDABUSER.COM FRENCHPOODLE.US DOGTRAINER.TV DEPRESSION....

This morning on Bido, many improvements around the site, specifically around the Transfer panel, payment areas. The one feature that stands out is one which we received many requests for, downloadable lists. Now available for Closed tab, Upcoming Tab, Voting tab, EndingSoon tab. Also, BidHistory is now available for non logged users As always feed...

We would like to share a few updates of things going on at Bido. Bido has made it much easier now for bidders to locate and bid on domains of interest. We added two major enhancements to our interface to facilitate bidding and make it easier for bidders to win domains. The Upcoming tab and the Vote tab both got an overhaul. The Upcoming tab now all...

It's only been about 75 days since we started the multiple auctions per day format. Every month we look back, analyze the data, learn, adjust, adapt, hopefully helping more buy & sell in the process. Looking quickly through the CLOSED tab on Bido for September, I'm shaking my head at some of the deals some buyers got. I understand the whole in...

(image source) Over at NamePros, garptrader writes: … Looking at closed transactions, it looks like the median sale is around $50 with about 30% of sales in the $28-$30 range. More than a third of domains which sell get bid up over $100 so if you are selling reg fee cost domains you can still make some money. Domains captured via backorder or...

Today's list you will notice is of 90 domains, domains that accumulated over two days, as yesterday we took a day off in observance of Yom Kippur. Relaxed, refreshed, and more energized than ever, we continue our march forward to provide further liquidity to all. There are major parts of the site in the works, from UI (user interface area) to enhan...

We knew for a while some are doing extremely well with Bido so it's good finally to see some are discussing it publically. NamePros user "DesiredName" wrote here about his Bido experience: I just wanted to give a run down on my BIDO experience so far. I haven't yet gone full stream into the system, as I've been testing the waters and getting used t...

Today I read the following on NamePros: …Good to see more sellers using bido; are these the first you've sold? If not, how are your results so far? Mine, as an average, have been excellent (in my opinion). I've had a few domains that I expected a bit more out of and a couple that did significantly better than expected. Overall, above average ...

By Jarred Cohen, VP Operations, Bido We just released two additional whois verification methods to make it easier to get your domains listed on Bido. So in addition to the legacy method of placing a unique account tag in whois like we had, sellers can now add a nameserver record to validate ownership. The third method of ownership validation that ...