Good Luck to Bido
Posted in Bido, Opinions on November 8th, 2010 by Michael – 7 Comments
I’m glad to see Bido is back up and running and would like to wish them good luck! I had some good sales there and think it’s great to see another marketplace trying to take on sedo for real.
However, they really need to do something to increase the quality of domains there and attract some premium domains. Strangely enough there are some decent buyers there, but no real sellers with quality domains at fair prices. An unusual gap for the industry that should get filled naturally.
A few good LLLL.com names are coming up for auctions there flob.com and ebog.com, but the reserves seem rather high so I don’t expect them to sell.
I think bido could benefit from introducing hidden reserves and reserve auctions that start from the min price like on sedo, not the reserve price.
Computers break and servers get hacked. Sooner or later everyone realizes the importance of backing up your important data, usually after a few unfortunate events. I had a few of these, from having my laptop stolen with all the important business data that I didn’t have a copy for much of it (luckily I had my passwords and other sensitive data on a flash drive) and to having servers hacked and losing the sites.