 |
|
| Staff Writer |
In the ever-evolving world of thoroughbred racing and breeding, the advent of digital platforms has introduced new opportunities and challenges. Recognizing the need for a more efficient and cost-effective solution, BidXSell emerged as a game-changer in the industry. Founded by Saeed Almaddah, BidXSell offers a commission-free, user-centric platform that empowers stakeholders to manage their own sales, thereby transforming the traditional auction landscape.
 |
The traditional thoroughbred sales model often involves significant commissions and fees, which can be burdensome for sellers. BidXSell challenges this norm by charging a flat listing fee and eliminating commissions, allowing sellers to retain more capital for reinvestment into their operations. This innovative approach has been particularly beneficial for consignors and syndicates, who can now manage their sales digitally without the overhead costs associated with physical auctions.
thoroughbreddailynews.com
BidXSell's platform provides a comprehensive digital infrastructure, including auction tools and contact lists, enabling sellers to reach a global audience while retaining control over their sales process. This empowerment allows sellers to host sales under their own branding, manage listings, and engage directly with potential buyers, all within a seamless digital environment.
thoroughbreddailynews.com
BidXSell's platform has been successfully utilized by organizations such as the Indiana Thoroughbred Alliance (ITA). In December 2024, ITA hosted their annual stallions and services auction on BidXSell, featuring over 50 premium stallion seasons from Indiana, Kentucky, and Ohio. The auction concluded successfully, highlighting the platform's effectiveness in facilitating thoroughbred sales.
paulickreport.com
 |
Almaddah's vision for BidXSell is to empower stakeholders in the thoroughbred industry by providing them with the tools to manage their own sales. By offering a commission-free platform, BidXSell aims to enhance the efficiency and accessibility of horse sales, enabling sellers to maximize the value of their investments in a transparent, user-friendly digital environment.
thoroughbreddailynews.com
As the digital marketplace continues to evolve, BidXSell remains committed to innovation and growth. The platform's success stories and collaborations underscore its potential to transform the global thoroughbred sales landscape, offering a modern solution that benefits sellers and buyers alike.
Through its innovative approach and successful collaborations, BidXSell is poised to transform the global thoroughbred sales landscape, offering a modern solution that benefits sellers and buyers alike.