Closing Down. On May the once active BIDO site posted on their home page that they are closing down. A big surprise. My status back then was of “expert” that is I could post my opinions on domains for sale. What really happened?
They claim they were losing money. How I don’t know, since the site does not cost much to operate. Many critics say that the platform was hard to operate, and was indeed complicated to validate a ownership of a domain. But support was always present.
Other critics said that was a crappy stock, which is not so much true, the plain fact is that they did a lot of auctions, so that includes good and bad domains.
What really happened?
Jarred was focused in selling. Well, it is a great idea, but I guess Jarred was more interested in selling than operating. Running Bido was more like a prerequisite in order to obtain a higher Bid. Under the new agreement Jarred stays managing the company now owned by a Swiss company, created to own Bido. The amount of the sale is not yet disclosed.
Crowded Market. Another obstacle was the fact that the market is becoming crowded. With the bulk of the big sales happening at SEDO and SNAP NAMES it is becoming hard to get quality or high priced domains.
Well now they made that the auctions are far longer than 4 hours, therefore making it easier to have a better stock. Now they can afford to be a bit selective.
I made money on BIDO. I read once somewhere that once of the managers was the largest owner of 4 letters dot coms. I was able to buy LLLL.COM on EBAY and resell on BIDO with ease, and for a profit. I will try that again for sure.
If you look at the screen shot of the FIVERR gig below you will see the member selling 100 back links on DIFFERENT SITES for only $5 dollars. How is this possible? One back link alone it would take close to 5 minutes, if the seller is the site owner, not to mention on going site maintenance.
Well the answer you may have guessed. It is a software that does all the work. You could claim that is a valid enterprise and after all our business man is buying wholesale and selling retail, but unfortunately this is not the case. The buyers are ultimately looking for ranking and the sites on these programs provide links of no or little value. Many of them are nothing else than link farms. If you are really interested in quality back links the best techniques are also free. Here are my suggestions.
Blog Commenting. Many blogs have DO FOLLOW comments
Blog Guest. Many succesful bloggers gracefully agree in links in exchange for a quality content
Quality Content. Based on that, back links belongs to Google’s algorithm. There will always be demand for quality content.
The rule that you get what you pay for goes for backlinking as well. Good luck.
Yahoo answers is a great way to get quality links and even some traffic, but you will get punished and even suspended if you over do. Here is a screenshot of the email. The post http://learn-creative-visualization.com/2010/08/12/they-are-watching-everything/ linked was related to the question, but it was a comic strip so therefore, could have called the attention of Yahoo since there was little text. The penalty was 10 points from my score, something I can live with…
Austinite Steve Schaffer is a man of vision, creativity and balls. He acquired the domain OFFERS.COM a (OFFER.COM also belongs to Schaffer and was sold for a reported $180.000 back in 1998). Instead of parking to wait for a bigger fool, he decides to DEVELOP the domain. The idea was quite simple, peddle coupons. It may sound simple but this requires a lot of understanding of how affiliate marketing works, and don’t forget he has a significant investment on it. Click here to the full domain profile.
Well it was reported last week that Susquehanna Growth Equity, LLLP made a minority investment of $7.000.000 USD – 7 million dollars valuing the company close to $30.000.000. Schaffer plans to hire staff to expand the site. Congratulations! GBRYMC3CKNWK
A client had a domain that he used for his business. The registrar, even though it was on auto renew, failed to renew the domain. My client lost several business emails. We took the case to a lawyer, that politely said, that unless my client could prove that there were losses indeed, there is no case. The buyer, a speculator, now wants $350 for his questionable work. I submitted a bid, in order to conceal that is the previous owner that needs the domain back, yet, to no avail. They want $350, otherwise, they don’t release the captive domain. Is this legitimate business. What is this kind of people producing?
The Domain NOTE.COM was purchased by a professional domainer, Frank Schilling. For someone that has around 400.000 domains, he must know what he is doing, The “bargain” price of US$115.000 (in 2007), is enough to buy one or two houses. Page Rank? Zero. and installed an application there were users can post notes. Note.com also points out on their home page that “We are not entirely sure where it will go”. I have my guesses, here they are.
The one word, 4 letter, domain has a value, and with time, could even appreciate. For this kind of investment an application that let’s users post notes, does not cost much and it also is a great alternative to parking, maintaining the domain alive. He may even, eventually, find a use for the site. My best wishes, good luck.
Domain names, requires, specially if the domain is taken, to find out several history item to make sure you have a winning bid for your domain.
Owner
Contact Info
Was it Dropped?
if so How many times?
Expiry date
Where is it hosted?
If you can’t have these accurately from a reliable source, think about finding yourself some other trade.
My personal choice is http://www.domaintools.com/ there you can find not only the domain owner, the contact information, but the domain history, how many times changed hands, if was ever dropped, and if so, how many times. A lot of pro’s use it. Good Luck.
I did bump several times on very good ideas at the Warrior Forum I am not so active, but I read a quite frequently. Beats the hell out of the news. I also have a set of beliefs that will rule out some proposals you see there, increasing my chances for going into a good idea. Since I did succeed and did buy and sell considerably on Fiverr and I felt that there I could go a step further and decided to buy Fiver Arbitrage $19.95.
Mr. Gary VenRooy is an honest fellow and it is a valid idea. I am executing, researching and expanding the idea. Some could say that, for $19.95 you can buy a lot more, besides, it is not 100% fail safe, you may not succeed, and above all is something that your probably though of, but never bothered to try. After investing $20 on it, you will go for it.
mr. VenRooy is actually selling a principle that will work on every field, and he decided to apply this universal law on Fiverr, just to prove his point. It is not as easy as he describes on the post, but is valid. I hope I make my money back, if not, I did learn a couple of things.
Here are 3 things to perform and feed your little safe:
Fiverr - Either writing blog posts, voice overs, there is always something you can provide for $5. You must post to try it.
Online Surveys – They pay, but it can be pretty exausthing and by the way, you must be over 18
Ebay. The credibility and efficiency the site has in unmatched. Check out around yourself and you will see that there is something ready to be shipped far away.
It is called a cookie and in many cases is the same system that grants you access to restricted areas and tracks affiliate sales. A cookie consists of one or more name-value pairs containing bits of information, which may be encrypted for information privacy and data security purposes. The cookie is sent as an HTTP header by a web server to a web browser and then sent back unchanged by the browser each time it accesses that server. It is possible to track pages visited, areas accessed, and in some case even searches. As text, cookies are not executable. Because they are not executed, they cannot replicate themselves and are not viruses. However, due to the browser mechanism to set and read cookies, they can be used as spyware. Anti-spyware products may warn users about some cookies because cookies can be used to track people—a privacy concern, later causing possible malware.
Closing Down. On May the once active BIDO site posted on their home page that they are closing down. A big surprise. My status back then was of “expert” that is I could post my opinions on domains for sale. What really happened?
