In August last year, Bido was down due to major tech issues and said on a blog post that “it may be few days, weeks, months, none of us really knows.” On Feb 19, the social auction platform is back on track. Bido is a website which auctions one premium hand-picked domain per day while offering a one dollar opening bid with no reserve.
It uses a trackback system, if you link to an auction the folks will detect it and send a link back from their trackback system. Each linkback is admin-approved so if you do not see it immediately it is under review. The linkback will appear just above the array of Expert Commentaries. This provides you with benefits from participating. The linkback is a reciprocal link from the Bido.com site and will help your blog gain more weight in the search engines. If they are writing about a domain that’s up for auction and link to the auction, you will get traffic back to your blog!
According to an email sent by the Bido team, it says that most people who uses the service includes “direct navigation experts, domain name development experts, domain name investors, search engine optimization experts, brand managers, marketing executives and the most successful entrepreneurs in the business world today.”
Bido was founded on the principal that the domain name industry needs change and they expect the revolutionary means in which auctions are conducted online will contribute to this change. By being an expert member, you can get many wonderful benefits such as your expert reviews on Bido.com will be viewed by thousands of people everyday providing increased recognition for yourself and your company. Also, being featured on one of the most popular domain name auction websites in the world will increase your credibility and standing in the domain community.
Bido.com will keep a history of every auction so you can refer to your comments for years to come. Search engines will also index your comments further strengthening your web presence. Your profile will give users the ability to communicate with you directly and allow you to highlight your personal and professional interests. In exchange for contributing your time and domain knowledge, Bido.com will help you connect with new clients and build your own business.
The Bido platform is much more than domain name auctions, however, soon the team will open the Bido platform and let other people operate their own auction channel. The Social Auction Platform can be used in a plethora of industries.