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Old 05-31-2007, 08:23 AM   · #45
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Thanks again Mark. You are quite right about the iDomain and eDomain undervaluation, I have been looking for a solution to valuate these correctly and will keep doing so until I find one. Will let you know when I have it. It's difficult because as you say iBanking.com is far more valuable than iToiletry.com and that needs to be factored into the algo somehow.

As for the market for these, EstiBot is market sensitive and while I completely agree that these great finance related names you mentioned were valuated very conservatively, the valuations may reflect the market situation somewhat.

By the way, EstiBot valuates itunes.com at USD 323,068 when spelled without capitalization. Of course itunes is still worth more, but according to EstiBot rules any valuation that high is only a pointer in the right direction and whoever owns such an immensely valuable name will need to seek other means of finding out the real potential, whether much more or much less.

It's the downside frankly of my caps system that users sometimes need to check both capitalization styles to find the higher value, but on the other hand this system enables foreign language domains and is far more valid with short brandables and 1 to 4char domains than auto-keyword detection. I am looking at adding a feature that would automatically check both ways and report to the user both values to save the user's time.

Re indexproduct and securitiesaccount, I would advice treating an 1.7k and 3k valuations as similar - you cannot have an automatic system that would reliably make a difference between a domain that's worth 2k and another one that's worth 3k. I would argue that no third-party human can either - it's up to the seller and buyer and their motives. I think indexproduct is slightly overvalued because the wording is not in natural order. I have already partially solved this "natural language" problem (ProductIndex.com gets USD 8,723), but I'm still working on perfecting it.

1.8k for modernfashion.com seems somewhat conservative. A beaut of a domain name. EstiBot taking the role of reseller I'm sure Don't sell too cheap!

I am currently doing an analysis based on the beta test phase so far, and I will be honing the algorithm accordingly.

Most reported problems have had to do with EstiBot underestimating really good domain names. Due to the limitations of the tools that EstiBot uses, the algorithm at this point has to go one way or the other - too careful or too lax, and I prefer the former. Of course, some names slip through the safety net and get a too-optimistic valuation. Working on it, working on it....

Please remember that if you do own some obviously great domain, don't worry if EstiBot gives you a too-low appraisal, it's just unsure of how to cope with the results and usually takes a very conservative position in such a case.

I'd like to thank everyone for taking part in the beta test, this will really help me to make this tool better.

Thank you again for your valuable observations and suggestions!
Cheers
Josh


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