Steven

+1 vote against the new sedo policy.

This doesn't benefit us (the sellers) in any way or form.
and also, in the long run, I don't think that Sedo will benefit from this as well.

Sedo, please change back to the way it has been.

TY

__________________
Domain Name

Electric-Shadow

This is absurd, they will loose loads of commissions and people will just go to bido instead

__________________
| I proudly useTheHiveDesigns for my quality site designs*| !!

StorageSystems.in ~ Accepting offers

wwwweb

sedo was sold was it not to a new parent company, who are probably figuring out ways to pay off their investment very quickly, hope your reading, do not piss of the domainers because a copycat site can easily handle a mass exodous of accounts, you have to subsidize the smaller sales with a 10% comm to get the bigger $xxxxxxxx sales where its all gravy for sedo, give and take sedo, this is not simple math.

seeker

For those who remember (I have been with SEDO for close to 7 years), they use to have a minimum commission fee (it was $50 if I remember correctly).
They went 1 step forward, and now 2 steps back.
I understand that with the new offerings of the new improved SEDO, that making $10 on a $100 sale isnt enough (or $6 on a $60 sale).
HOWEVER, at least SEDO, wake up and make the minimum offer $100!!!
No one is going to sell through Sedo for $10 on a $60 offer!!!
WAKE UP SEDO!

__________________

Seek and you shall find!

MattheP

This sux for me

I can't accept paypal, and sedo was great choice for me to sell domains under $200. Half of my portfolio is priced under $200, and I bought those domains with intention to sell them for that price. Now it will be very hard for me to sell them if I dont accept $50 loss per domain.

Saying that, I dont see the point of having domains parked with the sedo parking (probably the worst parking program out there) anymore. I had my domains parked with them just to avoid $50 commission. Now I'll turn most of my domains to other parking programs / affiliates / minisites / whitelabel etc.. with this 'domain is for sale' sedo link in the footer.
????: NamePros.com http://www.namepros.com/domain-name-discussion/619228-sedo-policy-change-petition.html

I guess sedo will lose money from other people as well who will stop using their parking.

__________________
(:

Michelle

I have already refused 2 offers I would have otherwise accepted or at least put to auction. And to be very honest im not even sure a larger deal would be done with them either now as the one before last I paid around $300 in commission to them. The support was terrible and they really did not earn that amount.



Greed is not the way to go Sedo

MattheP

"Sedo has a new policy regarding fees - $50 minumum fee for ANY domain sold thru negotiation or auction. "

Looks like that if you sell domain for fixed price, you can still get 10$ commission.

__________________
(:

Michelle

Then that golden offer we all dream about way above what we expect would never happen

blogcrash

+ 1 Vote

__________________

Bassel

oh, i cant understand why sedo changed it... the other policy was great, i hope it returns or atleast to remove the minimum fee on auctions.

thanks

Tim Schoon

Just got this email from sedo:

Dear Tim,

Thank you for your email and your feedback which is really important to us. We respect and appreciate the opinion of our customers.

As we received a similar feedback from many customers regarding the auction page system, we have decided to change the settings back as it has been before.

If you have any further queries, please go to the Customer Support Centre via Customer Support*-*Sedo.co.uk.

Best regards,

Your Sedo Customer Care Team

__________________

PEJ.com - high-end domain name brokerage & portfolio management

cmason

AH! A small victory for the community! Looks so much better now...

millerccc

Hi Tim
You just did a good thing for all domainers, many thanks!
I see the interface was set back, but how about the commission fee, Still minimum 50$?

Regards
Miler.

Tim Schoon

The commission hasnt changed yet - we need a LOT of complaints to achieve this..

So everyone, please vote here and write sedo an email complaining about the fees!

__________________

PEJ.com - high-end domain name brokerage & portfolio management

gladdy

They changed back the auction interface to one page list,
so they are reading our complaints, this is our small win now!
Lets hope they listen domainers advice about reversing the fees.

__________________
Goldnames.com | Daily backorder ideas in our BLOG | Sedo portfolio | Latest domain sales | ADVN.com

GiftedDomains

+1 vote

---------- Post added at 09:39 AM ---------- Previous post was at 09:35 AM ----------

i guess the one who voted for "The new policies are awesome!" is Mr.Sedo himself

Michael

+1 vote on getting rid of the min commission, or at least going back to the old $50 min commission where it was only based on parking. If we all have to put a fixed price on domains we're willing to sell for less than $500, we're all going to miss out on the occasional high $xxx to low $x,xxx offer. Sedo loses money, we lose money... nobody wins. I understand the logic that fixed prices lead to quicker sales, but forcing our hand isn't the way to go about it.
????: NamePros.com http://www.namepros.com/showthread.php?t=619228

Sedo: why don't you incentivize fixed prices by lowering the commission, instead of punishing people who don't go the fixed route (auctions and "make offer") with new stipulations on the min commission? It's not your place to decide how we run our business/hobby.

__________________
MiniSites.com - Shift Your Domains Out of Park!
DN Media Corporation | Friend Me on Facebook | Follow Me on Twitter

Radiator

Even Sedo doesn't have a firm grasp on what's worth what, as the the Premium auctions repeatedly show, with many domains faring no better than bog standard marketplace sales; so how can it expect the rank and file of domainers to know exactly what their domains are worth at any given time? I sold a domain last week for 2k that they flicked back at me as (Q) when I submitted it for the PA (and no, I hadn't devved/publicised it in the (couple of months) meantime...)

The least they should do is allow a 'make offer' option running parallel to a 'buy it now', so that people can remain exempt from the fees, but still have the auction route available to them. Some lil company called 'Ebay' or somesuch used a similar structure. I hear they've done alright...

__________________
Run bath for 5 minutes. Click link. Press play. Get in bath. And relax.

CHILLY

Signed, Sedo, change back! It's terrible.

Ronald Regging

I've come to realize a long time ago that Sedo is a virtual cesspool. If you want a glowing example of a mediocre, half-ass run business, you need not look very far. It's obvious to me that the management has absolutely no direction or vision. While other companies have made strides to grow their business or to create a unique platform, Sedo has been content to just sit stagnant, collecting moldy money.

In contrast, Afternic has done a fairly remarkable job in gaining partnerships with various registrars and domain related sites in order to promote their DLS service to potential customers to facilitate more sales. They even made the ballsy move awhile back to charge 20% commissions for inclusion in their extended promotions. Some of us might have bitched and moaned, but I think at the end of the day, we're all willing to pay a little bit more in commissions if it actually leads to sales. Afternic has also really emphasized setting reasonable fixed prices in order to drive sales. Whether you agree with all of their decisions or not, the point is that they actually have vision for their company and they are making clear cut moves in order to take their business in the direction that they think will be most profitable and lead to the most sales.

What has Sedo done? Every single aspect of their business model is mediocre at best. Parking - dismal. Service - atrocious. Promotion - laughable. It seems obvious to me that all they are doing is just standing around with their thumbs up their bums going back and forth on their minimum commission policies.... Has anything else really changed in the past few years besides that?

Tim Schoon

update:
Sedo has just reintroduced that ugly paging system, along with the horrible new site

boo you sedo.. you have just lost one customer, I'm done with it..

It looks like sedo is now trying to avoid the auctions and focus on high end brokering, parking and direct 'buy-now' sales.

The auctions are hard to find on the new site,
The new $50 commissions screws all sales below $500
The paging will discourage us more to NOT auction names with them.

Well, have fun sedo, you won't see me around anymore!!

__________________

PEJ.com - high-end domain name brokerage & portfolio management

mwzd

The new policy sucks.

I currently have an offer on a domain I'd willingly sell at the 80 euro offer price, but not with a 50 euro fee.

I've offered it to the buyer at that plus the current sedo fee, doubt it will sell though, so they actually lose money.

__________________

Ms Domainer

*

I'm no huge fan of Sedo, but I'm going to play Devil's Advocate here.

If I were a large company like Sedo, I certainly would not want to be dealing with a bunch of nickel and dime $60.00 auctions and only earn 10% ($6.00 for a $60.00 sale).
????: NamePros.com http://www.namepros.com/showthread.php?t=619228

I suspect that such sales actually cost them money (in terms of time of organizing transfers, etc.) I recently made a sale that took over two months to complete because the buyer (who paid almost immediately) dragged his feet in accepting the transfer. I'm sure that took lots of time on the transfer agent's part.

Do I like the change? Absolutely not. It hurts domainers, especially the guy or gal just starting out.

However, it benefits the company who may be moving toward a more upscale model. In their shoes, I'd probably do the same thing; I wouldn't want my auction site filled with crap domains at low prices.

In light of this new policy, I would set a minimum price of $500.00 and only submit my best names.

Now if you get a $500 or more offer on a name not parked or registered on Sedo, then email the prospective buyer and say that you will place the domain for sale on Sedo and to bid there. Now you're back to 10%, which is reasonable.

Meanwhile, new venues are available for lower end domains.

Please don't flame me; I'm just saying the way the company may see this new policy, and it's probably nothing personal against domainers.

*

__________________
Food for Thought So live that you wouldn't be ashamed to sell the family parrot to the town gossip.

JoshuaPz

I agree with Ms Domainer. Sedo is now growing out of the SMB stage, and it's really at that point that companies begin weight amount earned per unit of effort spent than total amount earned. I would much rather run a business that earns $30,000,000/year for 150,000 man-hours (about $200 / man-hour) than $40,000,000/year for 500,000 man-hours (about $80 / man-hour). Wouldn't you, especially in a cost-cutting economy like today's? I imagine the calculation Sedo's management made in choosing the $50 minimum was something along these lines. The latter strategy will allow them to hire more support staff -- which Sedo clearly needs in light of many complaints regarding their poor support -- and provide a higher quality work environment for their employees. Servicing lower-value transactions would be of diminishing marginal utility.

I also imagine Sedo found themselves stuck with numerous cases in which transfer agents spent over an hour handling transactions which would only earn the company $6. You might be able to run a small business in India on those sorts of margins, but not a multi-national corporation.

Also, as Ms. Domainer mentioned, there are plenty of other venues out there (NamePros, eBay, Bido, etc.) for quickly liquidating sub-$500 domains. This space is actually very crowded, so I'm not surprised Sedo made a beeline from it.

I also personally have very many domains I registered for $10 and regularly receive $250-$450 offer on via Sedo, and would have no problem letting go of despite the $50 commission. If the difference between $25-$45 and $50 chafes you so much, chances are you have much deeper financial issues.

__________________
NameFlipper: Make $250/hour catching & reselling domains to end-users! (Soon-to-drop domains with sales leads, free end-user e-mail sales templates, and free pricing guide)
DandyDomains.com: Discount exact-match domains, pre-screened to ensure quality, end-user need, and zero trademark conflicts.

mwzd

Well, I've seen several businesses operate on a less than $6 "profit" per transaction and do just fine, they're not really small either, nor are they Indian - take McDonalds for one.

The difference in transaction value is 50 euros / 74 usd, on a 80 euro / 118 usd transaction, this is substantial. It chaffs me to the extent that I'd rather not transact for that particular domain at Sedo. If the buyer is domain savvy, he can contact me via whois to complete the transaction.

As for my own financial issues, its no better or no worse than millions of other SMBs out there. If I was desperate for cash, I'd take the 30 euro overflow and run, which I'm unwilling to do.

__________________