I realize that I have been posting far too much about Bido recently, so I will try to tone that down – after this post! As I had some moderate success selling two domains at Bido in early October, I thought I should pursue the platform more aggressively. In the past two weeks I have had a sales ratio of exactly 50% with 10 successful sales thus far. Below are the profit and return statistics from these sales.
LLN.com $8.18 = 5.1%
LLL.info (single premium) $20.48 = -41.8%
LLL.info (double premium) $27.57 = -35.6%
LLLL.com (triple premium) $10.76 = 71.7%
LLLL.com (triple premium) $10.76 = 71.7%
LNL.com – $0.92 = 0.8%
LNL.net (acronym made sense) $20.69 = 345.4%
[Uber-premium Word].cc $170.61 = 948.4%
[Single word].org $23.57 = 1076.3%
LLLL.tv (single word) $2.24 = -8.0%
Overall, my profit for these ten sales was $195.20, representing an overall return of 40.4% over the purchase price. It is important to note that I have held ALL of these domains for less than 3 months and many of them were acquired in the last two weeks. Sure, I am still a small player, but no one can argue with a 40.4% return in such a short period of time.
The losses are unfortunate, but the LLL.info market has dropped substantially in the last month or two and even great .TV domains are not selling too well at Bido these days – hopefully that changes soon. On the bright side, when I sold those two LLL.info’s and for a lost, I managed to snag two LLL.info’s ($43 for one and $28 for the other) as well as a LNL.com for $88.
Be sure to swing by the Bido chat and say hi to cmason!
2 Comments
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- Bido: Those Triple Digit Sales Do Add Up at Conceptualist.com, By Sahar Sarid
- Bido: Those Triple Digit Sales Do Add Up
Hey Cmason,
I also would consider myself as one the frequent sellers on Bido. I’ve mainly had success selling generic keyword domains mainly in the dot com extension. Some dot us and dot info but most have went without a bid. I’ve just started getting some dot cc domains as I’ve seen those names to have the most potential for big profit. Just got sheeets.cc and its up on auction soon, tell me what you think!
Andrew (A-Diddy)
Hey Andrew, thank you for the comment. I know that a lot of various forum members have called Bido a “crap dump”, but those so-called “crappy” domains generally go unsold. If they do happen to sell, then obviously someone saw some value. I have a few keyword generics that I am going to try out myself in the coming weeks, but I also have a few more recently acquired CC domains that should be well above the quality that I have sold so far – should be interesting to see how they do. Sheets definitely has potential to sell and I think that it will find a nice home in the $30-$50 range.
Take care Andrew and see you in the Bido chat!
Cole