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Reload this Page .CO - The OFFICIAL Discussion, Showcase and Sales Report Thread

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Old 10-31-2010, 04:38 PM   #2826 (permalink)
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Originally Posted by gilescoley View Post
wow, real mature, what are you..10 yrs old, go away, we dont like ignorant people here
giles your cool and all but its a public forum here.
he is stating his opinion and making a public statement for all .co "spammers" to stop sending him emails trying to sell domains to him.

I don't see any ignorance in his post, in fact I understand him.
I'm sure the people selling him "blahblah".co are also asking outrageous prices.
????: NamePros.com http://www.namepros.com/cctld-discussion/573976-co-official-discussion-showcase-sales-report.html

I have 3 .co domains that I am very fond of, dont think im against .co!
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Old 10-31-2010, 05:06 PM THREAD STARTER               #2827 (permalink)
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Guys...peace! .CO is NOT "crap" and will NEVER be "crap"!
...
Colombia, by itself, makes this extension more than valuable!
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Old 10-31-2010, 05:45 PM   #2828 (permalink)
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Ok my apologies, why not just reply to the email rather than generalising and calling people twits. How are .co owners meant to know .com owners aren't interested unless they email them.
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Old 10-31-2010, 07:23 PM   #2829 (permalink)
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Old 10-31-2010, 09:16 PM   #2830 (permalink)
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Originally Posted by gilescoley View Post
Ok my apologies, why not just reply to the email rather than generalising and calling people twits. How are .co owners meant to know .com owners aren't interested unless they email them.
That they don't already own them should tell you everything you need to know about the domain owner's opinion on your .co domains. Emailing them with some sales pitch is not only unnecessary but just a tad annoying.
????: NamePros.com http://www.namepros.com/showthread.php?t=573976

Today it's .co registrants, yesterday it was .asia registrants and tomorrow it will probably be .so registrants. In the end it is the same nuisance.
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Old 10-31-2010, 10:51 PM   #2831 (permalink)
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That they don't already own them should tell you everything you need to know about the domain owner's opinion on your .co domains. Emailing them with some sales pitch is not only unnecessary but just a tad annoying.
Thats rubbish and you know it, I have sold numerous .net and .org's (plus other extensions) to .com owners and these were names that were available to hand-reg.(and aftermarket names) I wonder why they didnt go and register the name themselves...do you think its because they didn't want the name...maybe?? but it certainly didn't take much convincing to change their minds?
????: NamePros.com http://www.namepros.com/showthread.php?t=573976

It all comes down to the sales pitch and how you explain the benefits of owning the name. Thats what domaining is all about isn't it?

I have a couple of people interested in a couple of my names and these aren't even the exact .com versions of my .co names?? Strange what an email can do?
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Old 11-01-2010, 12:53 AM   #2832 (permalink)
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Originally Posted by whitebark View Post
Today it's .co registrants, yesterday it was .asia registrants and tomorrow it will probably be .so registrants. In the end it is the same nuisance.
Noone can duck the nuisance of unwanted email, commercials, post, calls.

And they don´t go flaming an entire forum for it.
????: NamePros.com http://www.namepros.com/showthread.php?t=573976

Atleast these are actual people with an actual offer, and not just headless scamspammers. If you can live with new extensions, you need to live with what comes along with them.

You never sent a potentially unwanted email, selling some lesser extension?
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Old 11-01-2010, 08:14 AM   #2833 (permalink)
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Originally Posted by sdsinc View Post
That's the reality today. Most end users are only familiar with very mainstream extensions such as .com/.net/.org etc. It's hard enough to sell a .com.

Why would they want to buy stuff they don't even know exists. They will probably register a bad domain in .com instead, rather than a better keyword in an extension they don't know about, or feel is not as 'legitimate'. End users are not dumb, just because it's one letter shorter they know it's not the real thing
[My apologies for repeating portions of what follows from earlier posts along with fresh commentary, but with repetition comes familiarity and understanding...]

Whenever I see comments about the absence of end users at auctions or that end users are not well informed about the benefits of domain names and the available choices, I can't help but wonder why domainers accept this state of affairs as business as usual?

Where mainstream radio & television advertising was once too expensive for many companies to consider, Google has changed the ground-rules for broadcast media Buys. Why leave success to industry insiders and the fates when affordable tools exist to reach the end user mass market? Anyone who doubts the power of brute force marketing need only watch late night and early morning TV.

Of course, unlike the sale of tangible, material products, when it comes to the sale of domain names, there are none of the manufacturing, fulfillment, shipping or other costs generally associated with the sale of traditional hard goods. Are there significant potential rewards for domain name sales based on a mass marketing approach to the end user?
????: NamePros.com http://www.namepros.com/showthread.php?t=573976
In a word: YES!

Over and over again, I hear that Madison Avenue doesn’t understand domain names. Well, from my vantage point, it appears that domainers don’t understand the benefits of Madison Avenue any better.

Examples:

.LA (Laos) sees lackluster results after Rebranding as Los Angeles with little marketing.

.PRO (Professional) emerges slowly out of the starting gate after making changes and relaunching without a Madison Avenue style marketing campaign.

.ME (Montenegro) gains traction with strong prelaunch marketing to domainers.

.CO (Columbia) registrations number 500,000 domain names in the first two months following relaunch based on smart, compelling, constant marketing to the domain trade. You’ve seen these auction results:
Code:
mesothelioma.co $76,000
Insure.co $60,000
Denver.co $50,001
slots.co $41,000
pokerstar.co $22,500
vehicles.co $18,500
shirts.co $17,000
flix.co $13,750
forsalebyowner.co $13,600
docs.co $13,000
iporn.co $11,500
shipping.co $11,000
caribbean.co $10,610
paydayloans.co $9,375
Based on the above .CO auction results, I’m certain many of the .CO domains I registered would sell for much more than the initial registration fees I paid ($25-$30/ea), but the domain names in my .PRO portfolio – with even better keywords than many of my .CO regs – not so much...

dotCO:
Code:
Drapes
Dishwashers
CharmBracelets
ItalianCharms
3dVideo
3dCamera
Saddle
Kennel
FloorLamps
LedLight
Lightbulb
Quinceanera
AugmentedReality
Sonoma
dotPRO:
Code:
AddressBook
Aloha
Bakery
Barbecue
Barbeque
Barn
Birthdays
Blade
Blender
Blues
BodyJewelry
Bulb
Candy
CoffeeMaker
Cold
Conferencing
Convention
Cordless
Crib
Daddy
DataMining
DigitalCameras
Dinosaur
Disaster
Driving
Duvet
Earthquake
Ecotourism
ElectricCars
Equine
EspressoMachine
Estrogen
Evolve
FamilyLaw
Faqs
Faucets
Fear
Flatware
Friday
Gaia
Garbage
Geothermal
Graduation
Handbag
Harmonica
Hawaiian
Headphone
HomeTheater
Homework
Hoops
Hula
Indemnity
Infomercial
Maui
Kauai
Kona
Lanai
LedLights
LedTv
Less
Lightbulb
Liquor
Loudspeaker
Luau
Lunch
Mahalo
Marina
Martini
MediaRoom
MexicanFood
Microphone
Minute
Molokai
Mommy
Motorbike
Muffler
Napa
Numerology
Obituaries
Obituary
Oceanfront
Overnight
Purse
Rope
Saxophone
Scrapbooking
Seance
Shed
Shower
Sing
Smog
Snorkel
Sonoma
Soup
Speaker
SportingGoods
SportsCar
Spring
Subwoofer
Tape
Televisions
Testosterone
Textbook
Toaster
ToasterOven
Towing
Treasure
VacationRental
VirtualReality
Voicemail
Waikiki
What is the difference? So far as I can tell – only marketing – and most of it only within the domain trade. Truth be told, .PRO is as good as it gets for an extension. Even before the Internet, thousands of businesses branded their company names using “PRO” as either prefix or suffix, and unlike the other extensions listed above, dotPRO actually represents the word PROFESSIONAL! What does that tell you about the importance of marketing (or the lack thereof)?

Even taking into account GoDaddy (Superbowl ads), no registrar has gone directly to the public with regular, continuous television advertising campaigns to create and maintain interest and brand recognition. How long would Coke® or Pepsi® stay at the peak of popularity if either company sporadically marketed to only the restaurants and grocery chains, but not to the ultimate end user. I don’t believe the rules of advertising change because one product happens to be a soft drink and the other a domain name. When will the domain industry finally wake-up and begin to apply Marketing 101 strategies to directly target end users just like thousands of other industries with comparable yearly sales volume?

Geez. 15,000,000 people out of work, and holders of 401ks are seriously contemplating emptying their nest eggs into highly marketed fast food chain franchises! For less than the price of initial improvements to a leased commercial space and neon sign, they could buy domain names and develop multiple ecommerce websites while keeping the majority of that nest egg intact. But why would the domain industry want to share that secret? We’re too busy organizing the next domain convention and wondering why end users aren’t coming on board. Maybe we should be putting a call in to Don Draper.

I just don’t get it.

Domaining is a multi billion dollar industry.

Multi billion dollar industries often work as a collective when it comes to marketing and are represented by ad agencies, public relations teams, and the very best print and broadcast talent that multi million dollar marketing budgets can buy.

If for some inexplicable reason, there is not enough revenue to dedicate to marketing domain names on an enterprise basis, add $0.50 for advertising and creative to the sale of every domain name registration and renewal. The .COM domains alone would generate something in the neighborhood of $50 million marketing dollars each year.

So now, along with Toyota, Pepsi, Subway, Hasbro, EA Sports, & Round Table Pizza - not to mention Sham-Wow, Snuggie, The Slap Chop and that glue that keeps a hard hat (and the construction worker wearing it) firmly attached to a steel girder, the domain industry can take it up a notch or two and begin to create meaningful business objectives and create a 21st Century plan to make it happen.

Hey, I'm all for wearing a screenprinted campaign button that reads as follows:

"Buying Domain Names?

Yes, ICANN!"

But we can do so much MORE.

Or maybe we're just a bunch of out of our league over-achievers who got lucky. Nothing to be embarrassed about. Hey, the domain industry has had a pretty good run. But, perhaps it's time to let the M-List (i.e. "Madison Ave") professionals take over and begin the real work that will ensure this industry dominates for another twenty years.

I may be wrong about this, but it seems to me that an industry doesn't improve it's fortunes by holding trade shows made up of domain name wholesalers who sell to more domain name wholesalers who then wait for the next trade show of domain name wholesalers to sell, at a profit, the same domain names they just bought to even more domain wholesalers. If the soft drink companies adopted a similar marketing strategy, the only place you'd find people drinking Pepsi and Coke would be at the respective Pepsi & Coca-Cola bottling plants!

Somewhere, you just have to mix in enough end users to fill up - oh, I don't know - the sound stage at MGM Studios for the making of THE TEN COMMANDMENTS. With a cameo from GOD, the talents of Charlton Heston and a "cast of thousands" of end users, you're going to sell some domain names!

No offense intended, but sooner or later, something's gotta give!
Last edited by mis_chiff; 11-01-2010 at 10:42 AM. Reason: added boxes
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Old 11-01-2010, 09:56 AM   #2834 (permalink)
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Originally Posted by WordWalker View Post
[Why leave success to industry insiders and the fates when affordable tools exist to reach the end user mass market?]
I believe that day will come, when the value of domain names are widely recognized and accepted in business everywhere. Not just by a couple of "we get it"-s
????: NamePros.com http://www.namepros.com/showthread.php?t=573976

Sadly, because domainers are lazy, and most importantly not influential, this will only happen after mainstream business (the big boys) wake up and start moving capital. That happens when one big boy does a big move, and the other big boys follow lead. That can happen at any time.

These guys also know what the full package of advertising can do.

That´s when endusers will already know beforehand what a good domain name does, and that it will cost them.

Commercial:

"Did you know that noone likes your name? Do you know how much that is costing you? Good thing is. You can change it in the blink of an eye.

Call Domain Name Brokers/Consultants... Because business online is just about all in the name."
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Old 11-01-2010, 11:20 AM   #2835 (permalink)
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Originally Posted by WordWalker View Post
Examples:

.LA (Laos) sees lackluster results after Rebranding as Los Angeles with little marketing.

.PRO (Professional) emerges slowly out of the starting gate after making changes and relaunching without a Madison Avenue style marketing campaign.

.ME (Montenegro) gains traction with strong prelaunch marketing to domainers.

.CO (Columbia) registrations number 500,000 domain names in the first two months following relaunch based on smart, compelling, constant marketing to the domain trade. You’ve seen these auction results:
.me & .co are prime examples of extensions heavily marketed to domainers.
????: NamePros.com http://www.namepros.com/showthread.php?t=573976
Even a useless extension like .tel is still hovering at 247,000. Not surprising that .co has double. At least .co has got a local market, and you can develop a .co.

The fact that speculators are gobbling up domains does not mean the extension is doing well. In fact most are not selling their domains and will be left holding the bag.

Originally Posted by WordWalker View Post
What is the difference? So far as I can tell – only marketing – and most of it only within the domain trade. Truth be told, .PRO is as good as it gets for an extension. Even before the Internet, thousands of businesses branded their company names using “PRO” as either prefix or suffix, and unlike the other extensions listed above, dotPRO actually represents the word PROFESSIONAL! What does that tell you about the importance of marketing (or the lack thereof)?
Marketing to whom ? To domainers ?
????: NamePros.com http://www.namepros.com/showthread.php?t=573976

The registries are focusing their marketing efforts on domainers, not end users. Simply because it's more profitable in the short term. Domainers are more aware and more receptive, and they don't have to be educated like end users.

Seriously, all those sales you're referring to... the registry made big bucks selling to speculators, those domains will be parked and earn penauts, and the domains won't be flipped at a profit either
So much for marketing.

Originally Posted by WordWalker View Post
I may be wrong about this, but it seems to me that an industry doesn't improve it's fortunes by holding trade shows made up of domain name wholesalers who sell to more domain name wholesalers who then wait for the next trade show of domain name wholesalers to sell, at a profit, the same domain names they just bought to even more domain wholesalers.
I'm not in disagreement. In reality our industry is small, and I think we tend to overestimate the degree of maturity and end user demand.
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Old 11-01-2010, 11:31 AM   #2836 (permalink)
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Quote:
When will the domain industry finally wake-up and begin to apply Marketing 101 strategies to directly target end users just like thousands of other industries with comparable yearly sales volume?
You're so right about it. I hope that day will come soon, fingers crossed :-)
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Old 11-01-2010, 12:40 PM   #2837 (permalink)
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I know for me that the industry is starting to make marketing strategies that will enable a domainer to learn how to think outside the box in regards to selling their names to end users. It's a process but I know that if you have the perseverance and the ability to look at it from the business aspect then you have a great chance in getting your message across to the user.

????: NamePros.com http://www.namepros.com/showthread.php?t=573976
Here are some tips in how to sell these .co's to end users.

1. Finding the correct buyer is essential. You never know who it will be but you will because sometimes selling goes beyond the email. Did you know that if you get on the phone, you are 60% more likely to close the deal than you would over email? Many will debate this with me but I believe that cold calling is crucial in this process. Sending them an email puts them on the alert that most don't like or won't appreciate.

If anyone knows anything about creating an urgency than you are a few more steps ahead. Do WHATEVER it takes to get your message across. Create a need, get in their head, don't be afraid to tell them that if they seem like they are hemming/hawwing that they can go ahead and think about it but you have other competitors that might be more susceptible to the opportunities of owning the name, etc. When you use this tactic, be careful with it. You don't want to sound too flippant.

2. Offer them other services that will benefit them in acquiring the name such as.. SEO, web development, etc. Make it sound like you can get them the best deal ..EVER..

3. now it is really hard to find buyers, I know this but I make it my goal the night before, the weekend or whenever to find as many people as I possibly can. Some are not even related directly but they might have the ability to point me in the direction that I need to go in. Power of networking is extremely useful. EXTREMELY.

Educate people, I know this is time consuming and can seem repetitive but at the end of the day, you may come out with much more than you bargained. In a good sense that is.

This domain hack is essential and can often times be stated that it can and should be used as a company hack. Many aspects to this angle.
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Old 11-01-2010, 07:02 PM   #2838 (permalink)
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Just finished reading this. Great info, and great to see a few people taking a "risk" with the .co's.
Has anyone managed to convince a .com owner to buy their .co and if so:

What tactic did you use?
What was the name?
How much did you sell for?

I have a few .co's and rather than develop them, I think it would be a good idea to sell them on.
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Old 11-01-2010, 09:40 PM   #2839 (permalink)
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well.. i'm sure this may have happened to a few of you already, but here's my latest story:

Presently shopping in the mid $xxx range:



Researched and qualified about 10 companies to shoot for
send out the emails
within 20 minutes i get my first response:


"Hello and Thank you for your email
We can offer you $700 please let us know if this is acceptable

And we have only one question to ask:
Did you mean not as you type ?"



I informed him that it was indeed dot co and he, predictably replied with a 'Thank you but we are not interesting in .co website.

(saw that coming based on his email- even though his offer for the dot com was downright laughable)

so i guess get used to this for a while

- - - - - -
perhaps this needs to be a two parter
(this is an old sales trick, but it works)

... figure do your regular research for whatever target/end user you have in mind... and instead of sending out your sales pitch via email (or even phone), send a few informative emails out to those targets/end users - looking like traditional newsletters - explaining what dot co is and the advantages of dot co, maybe some nice sales stats among others... make it look nice and professional (always important)
????: NamePros.com http://www.namepros.com/showthread.php?t=573976

Let that simmer for a bit (hoping they read it, of course) .. maybe even send this a second or third time... like 'Inception'.. just plant the seed

...then follow them up a week or two later with your offer hoping that they are more aware of what dot co IS and what you are offering.

i wish i had more time to try this


.
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Old 11-01-2010, 10:07 PM   #2840 (permalink)
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Found one well developed .co website targeting Indian market. goyell.co
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Old 11-02-2010, 03:37 AM   #2841 (permalink)
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Originally Posted by defaultuser View Post
So now we have a public auction where nothing much sold......and...



When previously talking about the fact that landrush auction prices were only 1/3 to 1/4 of the "expected" PUBLIC auction price...
????: NamePros.com http://www.namepros.com/showthread.php?t=573976



So which is it?

---------- Post added at 10:23 PM ---------- Previous post was at 10:12 PM ----------



Bolded answers in quote.
Excuse me as I contradict myself....LOL Actually there is no contradiction. The public auction would be more successful assuming that it was advertised properly and had a structure with incentive to buyers. When you have 700 .co names to be auctioned off with limited advertising, what do you expect? The Namjet way would get a lot more attention, as I stated earlier.
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Old 11-02-2010, 12:15 PM   #2842 (permalink)
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Originally Posted by DNBro View Post
Found one well developed .co website targeting Indian market. goyell.co
That's some good news!
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Old 11-02-2010, 05:59 PM   #2843 (permalink)
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Old 11-03-2010, 03:55 AM   #2844 (permalink)
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Originally Posted by RevolutionaryDomains View Post
Recent Regs:
????: NamePros.com http://www.namepros.com/showthread.php?t=573976

ParaVenta .co


.
What is the meaning?
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Old 11-03-2010, 04:29 AM   #2845 (permalink)
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Just registered those two:

Good for the Tuscany/Worldwide tourism niche?



Codec download site?

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Old 11-03-2010, 05:25 AM   #2846 (permalink)
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Originally Posted by skylineleong View Post

????: NamePros.com http://www.namepros.com/showthread.php?t=573976
Originally Posted by RevolutionaryDomains View Post
Recent Regs:
ParaVenta .co
.


What is the meaning?
Sounds to me like it means 'For Sale'? Not that sure though.

... (googles)... yeap... it's 'for sale' in Spanish.
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Old 11-03-2010, 05:49 PM   #2847 (permalink)
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Yes, this means "For Sale" in Spanish, which is why I took a chance with it. Too soon to tell, but it may have some potential (or so I am hoping). Your thoughts?

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Originally Posted by skylineleong View Post
What is the meaning?
Last edited by RevolutionaryDomains; 11-03-2010 at 08:40 PM. Reason: added info
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Old 11-03-2010, 09:32 PM   #2848 (permalink)
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Been away for a few days just catching up.

I think that there were bids at the auctions on Coche.co, Coches.co, Piso.co & Pisos.co is that correct?

I just noticed they are all owned by the same person, strange eh?

Unless he has already paid and is the new owner?
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Old 11-03-2010, 10:49 PM   #2849 (permalink)
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Originally Posted by wot View Post
Been away for a few days just catching up.

I think that there were bids at the auctions on Coche.co, Coches.co, Piso.co & Pisos.co is that correct?

I just noticed they are all owned by the same person, strange eh?
????: NamePros.com http://www.namepros.com/showthread.php?t=573976

Unless he has already paid and is the new owner?
After a little research -

1.) All domains are owned by the same owner. If you look at the whois the "last updated" is early to mid September on all.

2.) All domains were registered late August to mid September, long after open registration began.

3.) All domains had 1 bid at either the TRAFFIC live or extended auctions. Each bid was for $10K - $15K. Seems pretty unlikely as much better .CO got virtually no interest.

In summary everything about those auction results is suspect to say the least.

Brad
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Old 11-04-2010, 02:28 AM   #2850 (permalink)
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you guys ready for bad news ?

2 Landrush listings that did not complete and have been back in auction in the last days, the results in September:

tiendas.co 1550 USD
slots.co 41000 USD

now

tiendas.co 10 USD
slots.co 11500 USD
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