A new program from Bido that is being rolled out today. For buyers, get 2% Cashback of an auction’s final price if your Pre-Bid* wins the auction. The concept here is to get better bids early on, rather than in the last few minutes. For our users as well as for sellers, we believe it makes for a better auction dynamic, more excitement, and now, it also pays you back.
Comments, suggestions, feedback as always are most welcome, and highly appreciated!
Cheers
Sahar
*Pre-Bid: A proxy bid placed prior to auction start
Great idea Sahar.
I think you’ve said it already but a shorter auction period would be nice too
That’s a really interesting concept, can’t wait to see how it plays out. I really like how Bido is willing to experiment and push the envelope.
Thanks guys. Truth be told, the more we hear the community the better we can serve it. We do need as much feedback as possible, and TIA for that!
Cheers
Sahar
I’m kinda curious about how that will work out. It’s seems a good idea. I see pre-bidders figuring that two percent into their estimate then bidding a few percentage points higher figuring if they win - they get 2% back. If someone else beats them - they atleast pushed the competition higher than they themselves valued the domain at.
Probably a good idea.
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We didn’t think about that. Nice little hack there!
Sahar