Distinct lack of extended auction buyers!

wot · 02-03-2010, 03:16 PM

One day to go, very few bidders and only one name over $1,000

????: NamePros.com http://www.namepros.com/domain-name-discussion/637847-distinct-lack-of-extended-auction-buyers.html

https://www.snapnames.com/store/exte...gn=DFG_Auction

Probably will be a few last minute bids but not looking so good at the moment. The live auction results, on the other hand, were quite good.

The reserves on many in the extended are VERY high, may have a lot to do with lack of interest. Interesting to see what the next few hours brings.

Spade · 02-03-2010, 08:59 PM

Most of the reserves are ridiculous.

snoop · 02-03-2010, 09:01 PM

Originally Posted by wot

One day to go, very few bidders and only one name over $1,000

????: NamePros.com http://www.namepros.com/showthread.php?t=637847

Isn't that pretty normal for an extended auction? Why bid early?

bmugford · 02-03-2010, 10:36 PM

The minimum bid prices on 99% of these are a joke. Here are some highlights.

absence.com - $1,741,180
porno.asia - $235,300
valleys.com - $229,420
bronchial.com - $176,480
swimsuits.net - $117,650
lawenforcement.net - $116,480
frugality.com - $115,300

Brad

wot · 02-04-2010, 01:01 AM

Originally Posted by snoop

Isn't that pretty normal for an extended auction? Why bid early?

Silly me, and I thought that most of the reserves were way too high

????: NamePros.com http://www.namepros.com/showthread.php?t=637847

kz.com $122,650 Country code for Kazakhstan plus other uses, reasonable reserve and one bid.

mosilager · 02-04-2010, 06:47 AM

You all missed the gem of them all......

touchscreen.com - $4,117,650 (min bid)....

CDM · 02-04-2010, 08:27 AM

yesterday i culled some picks from the domains at minimum $300 reserve that i thought may be decent and still had no bids. check my latest blog post to see. one has now gotten bids, EnglishTranslators.com

WordWalker · 02-04-2010, 08:51 AM

In virtually every other industry, silent (extended) auctions are always the lead-up to the main, live auction event. They create interest, anticipation and buzz. A silent (extended) domain auction could conclude just before the live auction begins. So while domain experts take pot shots at Madison Avenue on a regular basis, it's clear they have much to learn about marketing and promotion.
????: NamePros.com http://www.namepros.com/showthread.php?t=637847

EXTENDED AUCTIONS FOLLOWING A MAJOR LIVE AUCTION EVENT ARE ANTICLIMATIC. Combined with unrealistic reserves, it's simply adding insult to injury. Of course, I've always heard, "If it don't work, don't fix it!"

Btw, if I tripped over an an oil well in my backyard in the 1990's and made millions, would that make me an oil industry expert? Just wondering...

**SlimPickins** · 02-04-2010, 09:18 AM

if nothing else, in my opinion it is an obscene number of auctions to have ending simultaneously.... and having the BIG domains / huge reserve domains sitting dormant on the top probably, to some extent, psychologically deters all but thrifty domainers from browsing through the massive collection for gems.

This was the first time I submitted domains for such an event and was pleased that 1 made it into the live auction and one made it into the extended auction. My live auction domain received a bid at my reserve, but fell short of my reserve + the %15 fee so did not sell and was moved to the extended auction. Not holding my breath on it anymore but, if it does sell, I certainly believe it was a result of my sending out a few emails with a direct link to the auction as opposed to someone stumbling across it on the extended auction platform.... will see.

nicedomains · 02-04-2010, 09:40 AM

Originally Posted by WordWalker

In virtually every other industry, silent (extended) auctions are always the lead-up to the main, live auction event. They create interest, anticipation and buzz. A silent (extended) domain auction could conclude just before the live auction begins. So while domain experts take pot shots at Madison Avenue on a regular basis, it's clear they have much to learn about marketing and promotion.
????: NamePros.com http://www.namepros.com/showthread.php?t=637847

EXTENDED AUCTIONS FOLLOWING A MAJOR LIVE AUCTION EVENT ARE ANTICLIMATIC. Combined with unrealistic reserves, it's simply adding insult to injury. Of course, I've always heard, "If it don't work, don't fix it!"

Thank you for this post. I have always wondered about the structure of the extended auction and live auction scheduling during these domain events. Also, I agree that some of these reserve prices are way out of reasonably range. I guess they are not so worried about volume of sales..?

Quote:

Btw, if I tripped over an an oil well in my backyard in the 1990's and made millions, would that make me an oil industry expert? Just wondering...

ROFL

RogueWriter · 02-04-2010, 09:55 AM

Originally Posted by mosilager

You all missed the gem of them all......

touchscreen.com - $4,117,650 (min bid)....

Yeah, at $4,050,000 that woulda been a steal, but $4,117,650 is just out of reach, lol.

wwwweb · 02-04-2010, 09:56 AM

auctions really what do they mean if anyone is serious about buying they know how to get hold of these sellers, and make a side deal, and save the % fee for both sides, I think it has more to do with bringing attention to the industry as a whole which is fine, but some of those prices need to be reasonable so it is looking like liquidity is present, and not such a bore fest of unsold domains.

wot · 02-05-2010, 05:03 PM

Originally Posted by WordWalker

In virtually every other industry, silent (extended) auctions are always the lead-up to the main, live auction event. They create interest, anticipation and buzz. A silent (extended) domain auction could conclude just before the live auction begins. So while domain experts take pot shots at Madison Avenue on a regular basis, it's clear they have much to learn about marketing and promotion.

EXTENDED AUCTIONS FOLLOWING A MAJOR LIVE AUCTION EVENT ARE ANTICLIMATIC. Combined with unrealistic reserves, it's simply adding insult to injury. Of course, I've always heard, "If it don't work, don't fix it!"
????: NamePros.com http://www.namepros.com/showthread.php?t=637847

Btw, if I tripped over an an oil well in my backyard in the 1990's and made millions, would that make me an oil industry expert? Just wondering...

Pretty well proven here as they show the extended and live auction results, as expected the high reserves in the extended were a waste of space.

Moniker Auction Headquarters

02-03-2010, 03:16 PM	THREAD STARTER #1 (permalink)
wot NamePros Expert Join Date: Apr 2003 Location: Golden Triangle Posts: 5,854	Distinct lack of extended auction buyers! One day to go, very few bidders and only one name over $1,000 ????: NamePros.com http://www.namepros.com/domain-name-discussion/637847-distinct-lack-of-extended-auction-buyers.html https://www.snapnames.com/store/exte...gn=DFG_Auction Probably will be a few last minute bids but not looking so good at the moment. The live auction results, on the other hand, were quite good. The reserves on many in the extended are VERY high, may have a lot to do with lack of interest. Interesting to see what the next few hours brings. __________________ MonikerBlog.com

02-03-2010, 08:59 PM	#2 (permalink)
Spade NamePros Expert Join Date: Sep 2006 Location: Carlsbad, CA Posts: 7,848	Most of the reserves are ridiculous. __________________ Read my Blog! NameBio.com - Search The Domain Sales Index Buying LLLL.com's ending in "CA"

02-03-2010, 10:36 PM	#4 (permalink)
bmugford www.DataCube.com Join Date: Apr 2007 Location: USA Posts: 5,838	The minimum bid prices on 99% of these are a joke. Here are some highlights. absence.com - $1,741,180 porno.asia - $235,300 valleys.com - $229,420 bronchial.com - $176,480 swimsuits.net - $117,650 lawenforcement.net - $116,480 frugality.com - $115,300 Brad __________________ DataCube.com - Buy and Sell Premium Domains

02-04-2010, 06:47 AM	#6 (permalink)
mosilager Senior Member Join Date: Sep 2005 Location: Fort Worth, TX Posts: 1,108	You all missed the gem of them all...... touchscreen.com - $4,117,650 (min bid).... __________________ Looking For Offers: akl.net/aej.net How To Kill

02-04-2010, 08:27 AM	#7 (permalink)
CDM NamePros Regular Join Date: Jan 2008 Location: Texas Posts: 454 Follow @DomainAnimal	yesterday i culled some picks from the domains at minimum $300 reserve that i thought may be decent and still had no bids. check my latest blog post to see. one has now gotten bids, EnglishTranslators.com __________________ my domain blog My portfolio on Sedo

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02-04-2010, 08:51 AM	#8 (permalink)
WordWalker NamePros Regular Join Date: Jan 2008 Posts: 618	In virtually every other industry, silent (extended) auctions are always the lead-up to the main, live auction event. They create interest, anticipation and buzz. A silent (extended) domain auction could conclude just before the live auction begins. So while domain experts take pot shots at Madison Avenue on a regular basis, it's clear they have much to learn about marketing and promotion. ????: NamePros.com http://www.namepros.com/showthread.php?t=637847 EXTENDED AUCTIONS FOLLOWING A MAJOR LIVE AUCTION EVENT ARE ANTICLIMATIC. Combined with unrealistic reserves, it's simply adding insult to injury. Of course, I've always heard, "If it don't work, don't fix it!" Btw, if I tripped over an an oil well in my backyard in the 1990's and made millions, would that make me an oil industry expert? Just wondering...

02-04-2010, 09:18 AM	#9 (permalink)
SlimPickins Diggin' the Domains... Join Date: Jun 2007 Posts: 1,730	if nothing else, in my opinion it is an obscene number of auctions to have ending simultaneously.... and having the BIG domains / huge reserve domains sitting dormant on the top probably, to some extent, psychologically deters all but thrifty domainers from browsing through the massive collection for gems. This was the first time I submitted domains for such an event and was pleased that 1 made it into the live auction and one made it into the extended auction. My live auction domain received a bid at my reserve, but fell short of my reserve + the %15 fee so did not sell and was moved to the extended auction. Not holding my breath on it anymore but, if it does sell, I certainly believe it was a result of my sending out a few emails with a direct link to the auction as opposed to someone stumbling across it on the extended auction platform.... will see.

02-04-2010, 09:56 AM	#12 (permalink)
wwwweb Senior Member Join Date: Sep 2009 Posts: 1,025	auctions really what do they mean if anyone is serious about buying they know how to get hold of these sellers, and make a side deal, and save the % fee for both sides, I think it has more to do with bringing attention to the industry as a whole which is fine, but some of those prices need to be reasonable so it is looking like liquidity is present, and not such a bore fest of unsold domains.

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