{
  "slug": "k-bid",
  "name": "K Bid",
  "description": "K-BID is an online auction platform that hosts a wide variety of auctions for equipment, vehicles, office furniture, general merchandise, and more, primarily serving buyers and sellers in the Upper Midwest of the United States. It provides a platform for liquidating assets and finding diverse items through online bidding.",
  "url": "https://optimly.ai/brand/k-bid",
  "websiteUrl": "https://k-bid.com/",
  "logoUrl": "https://logo.clearbit.com/k-bid.com",
  "baiScore": 51.7,
  "bai_tier_status": "active",
  "bai_score_status": "active",
  "archetype": null,
  "archetype_status": "active",
  "category": "Online & In-Person Auction Houses",
  "categorySlug": null,
  "keyFacts": [],
  "aiReadiness": [],
  "competitors": [],
  "competitorsProse": null,
  "inboundCompetitors": [],
  "aiAlternatives": [],
  "parentBrand": null,
  "subBrands": [],
  "updatedAt": "2026-09-23T19:24:58.604Z",
  "verifiedVitals": {
    "website": "https://k-bid.com",
    "category": "Online Auction Platform",
    "what_it_does": "K-BID operates and maintains K-BID.com as an online venue for independent auction companies (affiliates) to conduct online auctions, facilitating the liquidation of assets for individuals and businesses.",
    "primary_audience": "The primary audience includes buyers (general public, individuals, car flippers, dealers) and sellers (individuals, businesses, city administrators, corporate executives seeking to liquidate assets). Additionally, independent auction companies are a key part of their network.",
    "core_product": "Online auction services and platform.",
    "pricing_model": {
      "kind": "transactional",
      "detail": "K-BID operates on a transactional model with fees for buyers, sellers, and affiliates. Buyers typically pay a Buyer's Premium (BP), often 15% (capped at $1,500 per item, excluding real estate), which can vary for specific categories like vehicles (e.g., 13% up to $5,000, then 10% over $5,000, capped at $1,000). Additional fees for buyers may include document administration fees for vehicles (e.g., $275) and applicable sales tax. Credit card payments over $5,000 may incur a 3% processing fee. Sellers work with independent affiliates and are charged a commission or flat fee negotiated directly with the affiliate. Affiliates pay K-BID a one-time activation fee (currently $600), a monthly server fee ($50/month after 7 months), and K-BID receives 10% of the buyer's premium collected (with a $1,500 cap per item and a $100 minimum per auction). A $25 fee is charged to affiliates for each unmet reserve. Real estate auctions have a $250 non-refundable posting fee, and K-BID collects a 2% buyer's premium for these."
    },
    "parent_ownership": "K-BID Online, Inc.",
    "named_competitors": [
      "bid-2-buy.com",
      "auctionmasters.com",
      "hibid.com",
      "equip-bid.com",
      "Auction Nation",
      "eBay",
      "AuctionZip",
      "eBid",
      "Proxibid",
      "Remarket Space Auto Auctions"
    ]
  },
  "intentTags": {
    "problemIntents": [
      "Difficulty liquidating surplus assets or unwanted items efficiently.",
      "Searching for a wide variety of items at competitive, auction-driven prices.",
      "Need for a broad-reach and user-friendly platform to conduct online auctions."
    ],
    "solutionIntents": [
      "Provides an accessible online platform for selling a diverse range of assets through auctions.",
      "Offers a wide selection of items for purchase via online bidding.",
      "Facilitates asset liquidation for businesses and individuals."
    ],
    "evaluationIntents": [
      "Comparing online auction platforms for seller fees and commissions.",
      "Assessing the reach and buyer base of different online auction services.",
      "Evaluating the ease of use and features of various online bidding platforms."
    ]
  },
  "businessProfileClaims": [],
  "timestamp": 1790311265754
}