Bido.com Launches New Domain Auction Platform
June 17, 2008
Bido.com, a newcomer in domain live auctions, is launching on
June 18th with the promise to bring big changes to the domain business.
“Domain names are the real estate of
the Internet. The marketplace lacked a centralized platform where the
focus of the entire domain auction world would focus on one domain name.
That is where Bido.com comes into play. We are looking to
maximize the exposure of each domain name, thereby benefiting the owner
and potentially the buyer as each domain name does not have a reserve
price but a set guarantee which our company will pay for the domain name
if no one else does. It’s truly a
win-win for domain name owners and buyers.”,
Jude Augusta Vice President of Operations of Bido.com
Bido’s innovative auction platform will feature one-domain-name-per-day
auction. The company guarantees a minimum sale price for every
domain and the low 8% commission rate. Unique for the industry “social
approach” to domain auctions will include industry experts’ comments on every
domain at auction. The initial bid will start from $ 1.00.
Here are the first domains that
will be auctioned:
“Once the outside world
realizes there is a venue where they can buy premium domain names at
realistic prices, the entire industry will be revolutionized. Domain
names play a major role in search engine optimization. While ‘parked’
domain names collecting ‘cost-per-click/cpc’
revenue have been penalized of recent by Google and Yahoo as being
irrelevant, the developed generic domain names are getting the royal
Bido's president Darren Cleveland believes.
Hopefully, Bido will bring
more competition on the domain name auction arena.
For more information visit http://www.bido.com
You can also read Bido's offical announcement
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