As you all know we work extremely hard on Bido. We do so because we truly believe this is what domain owners need. How do we know? Because we own a large portfolio ourselves. Building liquidity is essential to the health of the industry.
The stronger the liquidity in the domain channel the better we all are. If you do not agree with this statement better stop here and surf away. This post is not for you.
If you are still reading.. I’ve talked much about liquidity in the past, about the importance of accurate pricing. What I did not talk much about is how you can help build such liquidity, how you can do so with Bido.
1. The public is tired of being “sold” into things
Aren’t you? The internet finally gave us all easy access to unbiased opinions. From travel to cars to funerals and marriage. “Hard selling” is out, unbiased is “in”. We welcome all with open arms to contribute at Bido. You may apply for a Bido expert status and contribute your unbiased commentary on domains listed. All commentaries are submitted to the site in real time and without any manual approval by us. All we ask is to stay on topic and be professional.
2. The more buyers, the better we all are
By participating you are helping to attract more potential buyers into the domain game. As the public is tired of being sold into things, they highly appreciate your unbiased commentary. It is what we believe to be one of the main reasons why buyers continue to come back to Bido.
3. The more turnaround, the safer your holdings are
The more domains are sold in the domain channel, the safer your holdings are in case you need to liquidate. Liquidity creates a healthy market environment, it creates a vibrant market. Without liquidity there would be no domain sales. The more liquidity means more buyers, more options. Your best alternative to a given buyer is to have another buyer.
Of course there are many more reasons and benefits to participate than commentaries, from building your own brand, to building your site links, to market your services through your Bido profile tabs, or to win exclusive prizes which are only offered to Bido experts (last prize we gave away to a Bido expert, Traffic ticket, valued at US$ 2,000). No matter what reason brings you to Bido, what we want you to know is that Bido is for you as much as it is for us. Together, we’re so much stronger.
Have a great day,
Sahar
Sahar,
I’d love to be a Bido Expert but that’s just it - I’m not an expert. I’m just a guy trying to take a small portfolio of non-performing domains and develop them into a network of interlinked websites with enough income that I won’t have to work a day job again.
I can usually spot a bad domain easy enough but I can’t tell a good domain from a excellent domain or a killer domain. And I don’t completely understand the markets or the methods.
But I know one thing. I’ve got an idea. I’ve laid the ground work for this idea. I’ve got the technical skills. I’ve almost finished building the hardware. I have the network I need. I’m going to make it work or go bust trying.
Keep smiling,
Jeff
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We definitely need more liquidity in domain names.
Every so often I’ll come across a great name in the $XX,XXX range, but I hesitate because if I ever need that money for something else within three (3) months, I might not get the price I want, or worse have sell at a loss.