https://share.descript.com/view/a5qKk0hGJFW
| Company | Bidit (thebidit.com.au) |
| Industry | E-Commerce SaaS / Negotiation Platform |
| Location | Sydney, Australia |
| Founded by | David Hancock (Co-founder of Afterpay) & Finn Hancock |
| Team size | Small, tight-knit startup team |
| Source | Upwork |
Bidit is a commerce negotiation platform that brings the age-old practice of price negotiation to e-commerce. Through their Shopify app, shoppers can "make an offer" on products, and merchants can respond in real-time. Their MVP launched in late 2025, primarily in jewellery, and was already seeing remarkable conversion rates of 11-12% (compared to the industry standard of around 2%).
When Bidit first reached out to Lock and Quay in December 2025, they were a small team with a big vision but a critical gap in their infrastructure:
"We were very early days and we were aiming to scale our CRM and our outbound email marketing, and building a bunch of different sequences so we could use it in an automated fashion to get as many leads as possible to create a really solid foundational sales funnel that will last within the business for a long time."
Finn Hancock, Co-founder & CMO, Bidit
We kicked off with a live discovery session on December 15, 2025, where we met David and Finn to understand the full business model, their Shopify app ecosystem, and their merchant acquisition goals.
From there, we ran collaborative workshops to: