Reglikedomain industry desk

Bido Starting to Get Results

Bido Starting to Get Results

Recent auctions show that platform can deliver good prices.

I’ve been a fan of domain name auction platform Bido for awhile, even though I’ve had my reservations. My most recent complaint was domain quality. But Bido seems to be picking up the slack in that category. And a funny thing has happened as quality has improved: domains are starting to sell for “good” prices.

Just moments ago TechSupport.mobi sold for $540. As an outside observer of .mobi, I’d say this is a nice sale for the owner of this domain. Today.us sold for a very strong $2,409 the prior week. And nize.com sold for a solid $2,142.

Bido has tweaked the formula to enhance the community experience. It has invited industry professionals to join the web chat during each auction. It even had a video chat with Rick Schwartz during the Today.us auction, which no doubt affected the ending price for the domain name. (The domain was sold by Schwartz’s TRAFFIC business partner Howard Neu.)

It’s exciting to see a fresh platform starting to shake up the industry.

Also on the wire

Other reporting from the domain desk.

$105 million in funding using Sense.com — Sense closesDomain Sales$105 million in funding using Sense.com — Sense closesA dozen end user domain buyers counting KlarnaDomain SalesA dozen end user domain buyers counting KlarnaEDomain SalesEnd User Domain Sales — 25 MoreAuction top domains on NameJet — .NYC toDomain SalesAuction top domains on NameJet — .NYC toDomain name for $2.4 million — BigCommerce buysDomain SalesDomain name for $2.4 million — BigCommerce buysHuge C-Suite Shakeup at SedoDomain SalesHuge C-Suite Shakeup at Sedo3Domain Sales38 domains will sell in Dotster auction ending tomorrow — At leastWDomain SalesWhat domains Taco Bell, Overstock.com, Enterprise, and others bought this stretchNDomain SalesName Auction to be Open to Public — TRAFFIC Domain