Burano said:
So, has it always been like this on this forum? I see pages and pages of posts of people trying to sell lists of domains with no responses except themselves :o
Some of these names are decent too...since I haven't been on this board that long, I was just curious if this was always the case since it's free here. Or maybe your domain just really has to STAND OUT??
It used to be you could at least make your money back on lower quality domains...seems like those days are over.
It's a combination of many factors.
At the moment the business is in a bubble. Just like all speculative markets, eventually the suckers dry up. A really good read on the subject would be "Extraordinary Popular Delusions and the Madness of Crowds".
Unless you have a generic 1 word domain name that a large corporation would want, the value is only what the next person will pay for. When there is an infinite combination of domain names still available, why would I pay $xx,000,000 for a 1 word generic? Same reason google didn't buy the domain search.com. If you want to stand out and you do have a valuable idea, it is better to have a unique brandable domain than a generic.
Using the definition: When your neighbor loses his job, it's a recession, When you lose your job, it's a depression. The U.S. economy is at the brink of a prolonged recession. Everyone knows at least one person who is out of work. The biggest network of Domainers with money to burn are Americans. Not only do they throw the best parties, but they *are* the party. Which means as they leave the party, everything will quiet down.
Domain parking revenue is dropping. PPC is on its way out just like the good 'ol banner ad. There is now enough data which shows most PPC performs poorly and hardly ever translate into sales. At the end of the day, without the sales conversion, advertisers will look elsewhere.
Without PPC, there is no income from parked domains and the cost of carry becomes prohibitive. I've seen some really good domains showing up on the sites auctioning expired domains. I guess some people made their money and are moving on.
We're at the next iterative stage of the internet evolution. I don't know exactly where it's headed. Since the beginning of this year, I've parked several hundred domains at sedo and I now doubt the portfolio will pay for itself. I do realize now, that I've entered the domain market at the tail end of the boom when most of the gravy is gone.
I am also in a buying mood from last 3 months. Some 5 figures already spent and planning to spend low 4 figures in this month. But yes buyers get choosy and they like what they like. So we see threads where a reg fee type domain goes for high prices and good ones don't gets bidded on. [Different perspectives of looking]
