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So, What’s Up With Bido These Days?

Bido LogoIt’s been seven months since Bido.com relaunched minus Sahar. So far, it looks like it’s chugging along and moving in the right direction. While Bido has a reputation in the domain realm for selling lower end or names at reseller pricing, they actually have a few really nice geo’s at auction ending this week. NewYork.net, Philadelphia.org and Bosnia.com are all currently open for bidding at Bido. The folks at Bido did close a very nice sale earlier this month as SocialLife.com sold for $42,500. However, the next highest sale in June was Discount.us which sold for $1,980.

Using the Sales Archive page I crunched some numbers to see how Bido has performed in June, 2011. As of this morning Bido has sold 225 domains in June for a total of $59,144 with the average sale approx $263. If you take out the whopper (sociallife.com $42,500) the total sales are $16,644 and the average domain sale this month dips all the way down to approx $74. This is not a calculation but if I had to guess I would say at least 70% of domains sold at Bido this month were ccTLD’s.

While I have an active Bido.com account, I almost never use it to list domains for sale. I’ve always found the process to be time consuming and a bit frustrating. Seeing the volume of ccTLD’s that do sell there, I may consider giving it another shot with some ccTLD’s I am ready to liquidate. For those of you that like short .coms there are a couple hundred LLLL.com domains ending today – this will definitely raise the monthly totals and hopefully the average sale price as well.

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Mike

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