Bido.com successfully ran their first domain name auction on Wednesday June 18th, 2008 from 1pm to 2pm EST. The first sale proved the system to be a great success, with the sale of the domain name www.DigitalImages.com for a thrifty $911, catching the attention of other opportunistic domain name investors and the general public where an estimated 1,400 users logged onto to watch the auction.
BOYNTON BEACH, Fla. (Business Wire EON) June 18, 2008 --
Bido.com successfully ran their first domain
name auction on Wednesday June 18th, 2008 from 1pm to 2pm EST. The
first sale proved the system to be a great success, with the sale of the
domain name www.DigitalImages.com
for a thrifty $911, catching the attention of other opportunistic domain
name investors and the general public where an estimated 1,400 users
logged onto to watch the auction.
Winning bidder Aaron Chronister of Kansas City, Missouri states:
“My
search engine optimization business keeps me really busy –
too busy, in fact, to pay attention to thousands of domains being
auctioned off everyday. However, I can pay attention to one domain per
day. In fact, I just put in a low-ball amount and went back to work. I
later checked on the site and saw it was up to $800. I put in $1,200 as
a max and stole it at $911! It worked perfectly and I got a great
investment. I’m planning to hold on to it,
park it for cash-flow, and sell at a profit later.”
Bido.com's unique auction system
allows for Bido “Experts”
to comment on the auction prior it going live, and on today's auction
the experts posted numerous comments about the value and brand-value of
the domain. Bido Expert Wilhelm Laubach of DomainPlus.eu stated:
"My estimated value of DiscountImages.com is $ 5,000. This domain has
a marketing advantage because of the prefix Discount. It persuades
customers, that are searching for cheap images, to visit this website.
At the same time the customers will be expecting to pay for images. This
domain is suitable for all kind of advertisement, like TV, radio,
internet and word of mouth advertisements. It is easy to spell and to
remember. A Google adword for the term "Discount Images" cost $ 1.71 per
click…”
Based on that feedback and other expert reviews that put the domain name
value anywhere between $3,000-$15,000, the winner got one heck of a deal.
The Bido.com auction system allows
anyone to sign up and bid easily plus view and upload videos,
participate in future domain name auctions, and benefit from other
features exclusive to Bido.com auctions including:
-
Bidding starts at $1, No Reserve
-
Bido Guarantee: if the domain name does not reach the Bido
Guaranteed amount, Bido has the choice to either make up the
difference for the Seller, or place one bid for the guaranteed amount.
The agreed minimum will be published prior to the start of the auction.
-
One domain per day, no more scouring tens of thousands of
domain name lists to find the gems our team of industry leading
experts has already done the work for you.
-
Expert Commentary, each domain
name auction will have at least 4 industry experts that give
insight to each domain name and the reason to buy and or not to buy.
Premium domain
names have sold for over $10M in the past. Bido.com has created a
vibrant free market system where prices will be determined by buyers.
Bido.com was launched in an effort to create liquidity for a developing
market by simplifying the transaction process
The upcoming domain names to be auctioned are:, GolfIowa.com, RYY.com,
GoldAuction.com, SpywareHelp.com, DomainTalk.com, VacantRoom.com, &
CerealBox.com.
ABOUT BIDO.com, LLC:
Bido.com, LLC has offices in Boynton
Beach, Florida and Louisville, Kentucky and also owns the domain name
management platform DNZoom.com that allows domain name owners and
managers a centralized platform to manage their domain name registrar
accounts, domain name parking accounts and track domain name auctions at
many of the leading domain name aftermarket and brokerage websites. Bido
will auction off one domain name per day at www.Bido.com.
Bido.com auctions premium domains such as those found on DNJournal.com,
BuyDomains.com, Sedo.com, DomainSponsor.com, and other premium domain
name exchanges. Bido auctions premium domains such as those found on
DNJournal.com, BuyDomains.com, Sedo.com, DomainSponsor.com, and other
fine, premium domain name exchanges.
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