One thing that has alluded me in the domain business is why eBay doesn't do even better - I mean why is it that snap and tdnam seem to have so much market share on auctioning domains.
I know that eBay is loaded with junk names - and ludicrous prices, but as a platform, why aren't more buyers and sellers making deals there?
Just curious as to other opinions...
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eBay does well but it's so centralized that issues of fraud and mis-information plague what could be a solid aftermarket. Also, the dropcatchers, namely Snap, feature solid names from back in the Network Solution days.
I agree - but even my top names seem to draw very little action... the exception seem to be the LLL.us domains they all seem to do fairly well, not great, but at least fair.
I currently have 3 LLL.us at auction on ebay - with no reserve, I will let you guys know how they fair. Or you can watch them (or bid..) yourself here are the links.
One thing that has alluded me in the domain business is why eBay doesn't do even better - I mean why is it that snap and tdnam seem to have so much market share on auctioning domains.
Good question, btrader.
TDNAM has an endless supply of domain names thanks to papa, GoDaddy. They also do a tremendous, and at times false, job at pushing their own names to the limelight while ignoring private seller's needs. They will literally bury you in their own hyped up, icon laden, number inflated hype.
Ebay is becoming an absolute mess lately. Recently, 75% of my buyers did not pay. That is 3 out of 4 buyers! That is absurd and a monumental waste of time. It will be a long while before I sell on ebay again (not circa1850 on ebay).
In regards to buying: verify, verify, verify and then verify the ownership.
One word of caution: when paying for a domain name with paypal, make sure you are buying from a trusted seller. Once paid, your money is gone.
PayPal considers domain names as intangible property and therefore, non refundable. I know, I know...there is a registry...PayPal has proof of my payment...they have proof of the sale taken place...I can show them that the WHOIS has not changed...but they just don't get it, will not listen, and refuse to budge on this.
You will learn the hard way if you are not careful.
I know this firsthand because this happened with one seller on 19 domain names. More than 140 days later after I contacted his registrars' legal team and contacted & filed with the internet fraud division of the United Kingdom did I finally get the domain names. I would have taken either one, the domain names or the money back, but I think the real issue is PayPal needs to get with the program.
If I bought it on ebay, paid for it with paypal, it's on record as having been sold and paid for, what more proof do you need that a transaction has transpired? Don't tell me it is intangible goods.
ya misquoted me, irishmat.
Waiting for dot biz to break out of the fracus and it appears it just might be. I've seen them recently breaking the $100 mark on TDNAM with a few reaching the $200 mark.
My reference was to the dot biz (.biz), not the dot us (.us) which I had already supported as doing very well in my text.
Last edited by circa1850 : 12-14-2006 at 01:18 AM.
Very good read Circa 1850. We need to know those things. I've had pretty good luck with escrow.com but I've heard horror stories about that channel too.
There, there irish me lad. Don't beat yourself up over this.
Never had a problem with escrow.com other than the delays. But, that was necessary to ensure both parties happy with the transaction. Also, when dealing with multiple currencies, this can be problematic at times. But, never an issue (thus far) with escrow.com
Back to the main thread...how them LLL.US sales holding up? Now I'm seeing some folks listing starting prices at $500.00. Nothing particularly fascinating or special about it...it certainly ain't no BOB.US.
I still think bad-lettered ones are fetching $100-115, realistically.
QQA.us went for $180 on eBay due to the repeat.
At the same time, I got FVP.us on eBay for $190.
At the same time, CUF.us went on sedo for $180.
But, if you look at the other sales currently out there... resellers are paying $115 for names with 2+ bad letters.
I don't think the verdict is out yet on $150 as being the baseline for the lowest price. With that said, I still think buying LLL.us is one of the wisest domain investments you can make right now.
from what I am seeing $150 is a base number. if you have terrible letters YZV.us and the like, then there would be a discount. So, yes we are saying the same thing.
Formula for reseller prices
1 Bad Character = $200
2 Bad Character = $150
3 Bad Character = $115
agreed?
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you gotta take into account google results, possible end users and the like aswell as just number of premium letters, also some bad letters are worse than others
fonz trying to keep the prices down while he snaps up more!
here here on fonzie's response. The data speaks for itself. Show me a 3 bad lettered LLL.us getting sold for $115, a 2 bad lettered getting sold for $150, or a one bad lettered being sold for $200, and I'll take it back.
Of course, this assumes we all agree on what a bad letter is!
I consider FVP.us to have zero bad letters. I consider these to be the bad letters:
w,k,x,z,q,j.
According to this chart: http://www.rinkworks.com/words/letterfreq.shtml
Even if you are using the one bad letter price, I shouldn't have been able to get it for less than $200.
Certainly, CUF.us should have fetched more than $180.
While I agree that it may seem like fonzie and I would make statements devaluing LLL.us so that we can snatch them cheap, the truth is we are just speaking from the data.
Hmm, but if you look at my definition, I don't include Y in the bad letters. As a matter of fact, according to the chart I linked to, Y is more frequently used in English than F or V. But according to your definition of what bad letters are, then you are right.
Either way, btrader is right... we arguing over +/- $10-$15 bucks. On small transactions, that's nothing, but when you're buying bulk, different story.
