Bido.com Auction Acceleration Program Explained and Thoughts
August 18th, 2009 | 
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I just read over at Sahar Sarid’s blog that the Auction Acceleration Program over at bido.com has become very popular and some changes will be made. For those of you that do not know what the Auction Acceleration Program is at Bido.com it is exactly what its name means. You can pay a fee to have your domain name at Bido.com be listed for auction immediately without waiting for votes or the required 30 days to go to auction.
auction acceleration program
Basically Sahar has stated the response to the program have been positive. From that they have even had inquiries about large amounts of domains being listed this way. Going as far to say that there will be better rates than the current cart can hold, which is 10 domains.
Now i like what the guys over at Bido.com have done with bido.com in the past couple of months. I have seen it grow from a baby to the auction house that it is today. It was extremely unique and still is but i really think allowing bulk domains being listed right away will take away from the site as a whole. If you really think about it its already getting cluttered with the amount of domains being listed as of this current day. Now wait until they open the flood gates and you start seeing 100s of auctions per day.
IMO, this action will bring down the overall quality of domains and the prices for the domains will be far fetched compared to previous versions of Bido.com. If they keep going down this road you can only see this becoming a glorified Sedo.com.
A solution to this problem maybe featured auctions or even a revamp to the voting section. Maybe have the voting section entail to which auction floats to the top of the table and get the most exposure. In return this would weed out some of the crap that is floating on there right now.
On top of that they could weigh heavier on staff picks or even implement expert picks. Make this mean much more than just the star to the left of the domain name. This could be a great thing and add another dimension to the Bido.com platform for which they are famous for doing.
Please leave your comments below and let me know if i am totally off my rocker or add your own opinions on the matter. Also please Bido shed some light on the matter and let us know that we are not left in the dark.
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I agree, I think Bido is missing the forest for the trees here. The voting ensures that domains that people actually want to bid on are the names that are going to auction. Allowing others to fast track their domains is a way for bido to make a quick buck, but in the end quality of domains will be sacrificed and they will possibly end up making less because of lawer sales prices.
Oh well, I wish them the best of luck and I will admit that I am wrong all the time in my assumptions (all domainers are commonly wrong in assumptions, if not we would not have any crap in our portfolios=).
I still think that bido is a great platform for Sahar to liquidate his domains but I have a hard time seeing it being really profitable when they only auction a few a day. How much money would ebay make if each day they only auctioned 10 or so products?
Again, I think bido is great for liquidating portfolios of those associated with bido and I think that was the real reason why it was built (it was a good decision too).
I think you’ve brought up some very relevant points Ross. I hope Bido rethinks their strategies.
Thanks Ross for the coverage about our new Auction Acceleration program.
It’s a work in progress, we’re adapting and creating balance.
The voting system is also a work in progress, what we have now is not the end-all, we are designing a number of enhancements to it.
Thank you Jarred for coming in on this matter. I knew that this not the final version or anything i just wanted to point out where it looked it was heading and my opinions on the matter. I believe whatever you guys choose to move forward with will be a great addition to the platform. Thanks again for stopping by
!