[NP41215]

A premium, generic, dot-com domain is on auction tinyurl.com/r7zjzt

Research reveals that the likely bidder is bit.ly/FUmeI since it owns
bit.ly/eKJn5 and bit.ly/AAzCW

Wouldn't that pretty much guarantee a huge profit potential for anyone
who can get it at reasonable cost and can hold on to it for the big payoff
even if he does not immediately flip it?

Not all businesses are far-sighted enough to budget properly. I am
????: NamePros.com http://www.namepros.com/for-sale-advertising-board/592740-interesting-situation-what-do-you-think.html
reminded of the flickr.com's blunder: tinyurl.com/px8dyy

Such situations do not come often but they do happen. So, how would you
go about profiting from the above situation as an interested bidder?

What would you do if you got lucky and won the domain at reasonably low
cost (say, due to the competing bidder's failure to properly budget for it)?
What would be your strategy to maximize profit from its ownership?

[DavidH]

If the likely bidder is the company you want to sell to as an end user and they "fail to properly budget for it" at the auction, how will you pursuade they to properly budget for it if you get the name?
????: NamePros.com http://www.namepros.com/showthread.php?t=592740

I guess what you are really hoping for is that the bidder has absolutely nothing to do with the potential end user at all.

You also have to be mindful of how long you may need to hold the name for. The industry in question is going through a rough time at present and companies may wish to wait until things pick up again (unless you can show that the name is getting a lot of traffic) before spending extra money (however shortsighted this might appear to be).

Good luck with whatever you decide to do.

[NP41215]

Originally Posted by DavidH

If the likely bidder is the company you want to sell to as an end user and they "fail to properly budget for it" at the auction, how will you pursuade they to properly budget for it if you get the name?

The business they are in is easily multi-$billions a day, so I don't think much persuasion will be necessary once you win the domain name. Besides, there are many other big players that would be interested in the traffic alone that will no doubt come, as happened to Flicker.com, which would not have enjoyed the boom in traffic but for Flickr.com.

They only need to be overly complacent about their ability to get the domain name for say, $X,XXX, or $XX,XXX, to present an opportunity. As it is, it is already a far better domain name than what they have been using for years --- far more comprehensive conceptually and in business scope which are what they need now to break out of their current limited niche, and the domain name sounds much better (I prefer vowel following consonant) and is briefer too. So I don't think there is any doubt they need the domain. They just registered the dot-net and dot-org forms two days ago, not for one year, but to 2014.

Quote:

I guess what you are really hoping for is that the bidder has absolutely nothing to do with the potential end user at all.

No, not at all. I would prefer a repeat of the Flickr.com situation, or something similar. And Flickr.com's business is orders smaller in comparison. Often an IT guy is put in charge of such matters, and a good many of them have the rigid mentality that a domain name is only worth two or three zeros appended to registration fee. I presume that's what happened in the case of Flickr.com when it chose not to acquire Flicker.com
????: NamePros.com http://www.namepros.com/showthread.php?t=592740

Quote:

You also have to be mindful of how long you may need to hold the name for. The industry in question is going through a rough time at present and companies may wish to wait until things pick up again (unless you can show that the name is getting a lot of traffic) before spending extra money (however shortsighted this might appear to be).

As it is not even a drop in the bucket compared to the $billions traded daily, I don't think it matters that much whether it is a recession or not. Basic materials are essential for global economy at all times and need to be bought and sold in the $billions daily, recession or not. Nor is traffic the proper valuation here, as that will surely come, much as it did for Flicker.com The holding cost is just the renewal fee, not significant in my view. Far more important is sniping the domain name at a good price, which is less likely in boom times. So the timing is perfect. Bernanke said the worst is behind us. If so, it shouldn't take much more than 5 years for the economy to get back to normal, i.e. just $50 or less in renewal fees.
????: NamePros.com http://www.namepros.com/showthread.php?t=592740

Quote:

Good luck with whatever you decide to do.

I appreciate your sharing thoughts. Would like to hear what others may think, as this is a very interesting and unique situation, not often encountered. There is a lot that can be learned here.

[DubDubDubDot]

So your plan is to buy it out from under the end user and hope the end user one day has serious regrets and offers you more for it? And until then you make typo money from owning the .com of their .net?

[NP41215]

Originally Posted by DubDubDubDot

So your plan is to buy it out from under the end user and hope the end user one day has serious regrets and offers you more for it? And until then you make typo money from owning the .com of their .net?

Flicker.com is typo to Flickr.com, and gets so much traffic that it is worth or valued at $600,000 now. The situation here is better than typo because it does not depend on typo at all.

If you look at their membership list tinyurl.com/lczovc and how much they take in from membership dues each year, not even counting commissions, it is obvious that $XXX,XXX would be peanuts for them.

An exchange, whether stock or commodities, by its nature, gets tons of traffic every day. Sure they can continue to use the dot-net, but that is not a problem but a benefit to the dot-com holder. The traffic to dot-com will be very sweet, even better than the typo case of Flicker.com, because no typo is needed. People will assume it is the dot-com, and it is bad PR when it is not. Sooner or later, they'll come to their senses, even if not initially.
????: NamePros.com http://www.namepros.com/showthread.php?t=592740

That's why this is such an interesting situation, especially if one can snipe it for $XX,XXX or less, not to mention the free publicity and limelight such third-party winner can generate which in itself can be very valuable.

[d0main]

Originally Posted by NP41215

The business they are in is easily multi-$billions a day,

I stopped reading your post right here.

[NP41215]

Originally Posted by d0main

I stopped reading your post right here.

In 2006, coal accounted for 27 percent of world energy consumption.

Here is a recent U.S. government study. tinyurl.com/hn7sm
Half is used in electricity production and reflected in your monthly
electric bills and you can do the math. That's just coal, though.

I don't think you have any idea of how big the mineral ore market is,
????: NamePros.com http://www.namepros.com/showthread.php?t=592740
especially for iron, copper, aluminum and other important industrial
ores and minerals. Do some research yourself if you're serious.

No question the market for such basic industrial commodities is easily
multi-$billions a day and growing.










.

[copper]

Just because potential enduser is huge business do not necessarily mean huge sale.

I have one domain which got inquiry from established vintage wine trader.
This enduser registered all major extensions on the day they inquired about mine.

Mine is exact name in .com which I had it for few years and they got...
.net, .org, .info, .mobi, .biz, .co.uk, .tv, .cn + possibly more.

I sent "send your offer" email 8 days ago and yet to receive reply

[NP41215]

Originally Posted by copper

Just because potential enduser is huge business do not necessarily mean huge sale. ????: NamePros.com http://www.namepros.com/showthread.php?t=592740 I have one domain which got inquiry from established vintage wine trader. This enduser registered all major extensions on the day they inquired about mine. Mine is exact name in .com which I had it for few years and they got... .net, .org, .info, .mobi, .biz, .co.uk, .tv, .cn + possibly more. I sent "send your offer" email 8 days ago and yet to receive reply

You should allow more time and it will pay off, I am sure.

Another thing to think about is alternatives. Are there better alternative names?

Is it not obvious there is. In the case here, the company gets 7-figure annually
from membership dues alone. Typically commission revenues are orders larger.
So it is not a case of a buyer with limited funds.

The buyer is lowballing, and that represents a great sniping opportunity to any
third-party bidder.

There is no downside here if you play it right. The worst that can happen is you
fail to win a premium domain name. But if you successfully snipe it, the payoff
can be huge indeed, given that you kept the bid conservative.

The fact that a wealthy buyer is lowballing is actually very encouraging because
it bodes well for successful sniping at $XX,XXX or less.







.

[HappyBunny]

Here's the situation: DomainName.com is on auction. The bidding price is low. You are confident eventually DomainName.com can be flipped for big $$$. The plan is: buy for $x,xxx and sell later for $xxx,xxx -- which is a huge ROI.

So...... why did you "promote" the auction here?? Won't it bring more competitors which will lead to higher acquisition cost? Logically, if I were in your position, I'd keep silent or even if I wanted to solicit member opinions I wouldn't post the exact domain name / auction link. Why attract more bidders? I will keep it to myself.

It almost looks like you are "hyping" the value of that domain name. Are you the owner / are you affiliated with the owner of that domain name? If not, why don't you just keep the domain name private? Aren't you afraid it will attract more potential bidders to the auction?
????: NamePros.com http://www.namepros.com/showthread.php?t=592740

The bidding price is currently $1000. If you keep silent, you might get the domain for $1000.... and sell later for $xxx,xxx. But who knows, maybe someone from NP will join the auction and start a bidding war. That's why I find it strange you posted the auction link here.

[copper]

Originally Posted by HappyBunny

Here's the situation: DomainName.com is on auction. The bidding price is low. You are confident eventually DomainName.com can be flipped for big $$$. The plan is: buy for $x,xxx and sell later for $xxx,xxx -- which is a huge ROI. So...... why did you "promote" the auction here?? Won't it bring more competitors which will lead to higher acquisition cost? Logically, if I were in your position, I'd keep silent or even if I wanted to solicit member opinions I wouldn't post the exact domain name / auction link. Why attract more bidders? I will keep it to myself. It almost looks like you are "hyping" the value of that domain name. Are you the owner / are you affiliated with the owner of that domain name? If not, why don't you just keep the domain name private? Aren't you afraid it will attract more potential bidders to the auction? ????: NamePros.com http://www.namepros.com/showthread.php?t=592740 The bidding price is currently $1000. If you keep silent, you might get the domain for $1000.... and sell later for $xxx,xxx. But who knows, maybe someone from NP will join the auction and start a bidding war. That's why I find it strange you posted the auction link here.

That crossed my mind as well, but, I also believe in...
Innocent until proven Guilty!

[NP41215]

Originally Posted by HappyBunny

Here's the situation: DomainName.com is on auction. The bidding price is low. You are confident eventually DomainName.com can be flipped for big $$$. The plan is: buy for $x,xxx and sell later for $xxx,xxx -- which is a huge ROI. So...... why did you "promote" the auction here?? Won't it bring more competitors which will lead to higher acquisition cost? Logically, if I were in your position, I'd keep silent or even if I wanted to solicit member opinions I wouldn't post the exact domain name / auction link. Why attract more bidders? I will keep it to myself. It almost looks like you are "hyping" the value of that domain name. Are you the owner / are you affiliated with the owner of that domain name? If not, why don't you just keep the domain name private? Aren't you afraid it will attract more potential bidders to the auction? The bidding price is currently $1000. If you keep silent, you might get the domain for $1000.... and sell later for $xxx,xxx. But who knows, maybe someone from NP will join the auction and start a bidding war. That's why I find it strange you posted the auction link here.

As you can see, the links are camouflaged. There are so many relevant details that writing them down would make the posts too long and boring to read, and take too much time, and still miss a lot of facts that could be relevant. If there is a more efficient way to do this without links, I like to learn about it.
????: NamePros.com http://www.namepros.com/showthread.php?t=592740

I think knowing what others think before the occurrence of an event is valuable. But it is difficult to do so without specifics. Sure one could wait until after the event to seek opinions, but then you have the problem of 20/20 hindsight distorting the opinions, aside from the fact that many ideas would be too late to be useful. Besides, I have registered years ago some excellent domains so it is not like I am going to starve if someone else wins.

The auction ends really early Tuesday morning during sleeping hours and that greatly reduces bidders. I am sure if I do not set my alarm clock in advance, I would sleep through it. The buyer is very shrewd and cagey, befitting the industry it is in, and I say so in a complimentary sense. In contrast, I am rather careless by habit.

As a technical question, can a thread be deleted by other than admin? say the original poster? If so, how? How about one's own posts?

[ecalc]

Originally Posted by NP41215

If you look at their membership list tinyurl.com/lczovc and how much they take in from membership dues each year, not even counting commissions, it is obvious that $XXX,XXX would be peanuts for them.

That conclusion requires a giant leap of faith. Globalcoal is a private company. Have you seen their financial statements? $XXX,XXX is not chump change to anyone.
????: NamePros.com http://www.namepros.com/showthread.php?t=592740

Originally Posted by NP41215

An exchange, whether stock or commodities, by its nature, gets tons of traffic every day.

I rarely consult this source, but what the heck:
globalcoal dot com % of global internet users who visit, 3 month average = 0.00034%
60.8% of users from China
15.0% of users from USA
21.7% of users from search engines
The exchange globalcoal appears to get a trickle of traffic, mostly from China. Expect more of the same from globalore primary site, never mind parasites.

Originally Posted by NP41215

Sure they can continue to use the dot-net, but that is not a problem but a benefit to the dot-com holder. The traffic to dot-com will be very sweet, even better than the typo case of Flicker.com, because no typo is needed.

TLD confusion and typos are 2 ways to skim traffic, but the Flickr comparison is preposterous. Flickr gets a tidal wave of traffic, 5774 times greater than globalcoal by Alexa's estimate (highly unreliable but multiple thousands is a safe bet). Flickr also receives a higher USA/China mix and a greater percentage of type-ins which presumably are targets of your scheme.
flickr dot com % of global internet users who visit, 3 month average = 1.963%
31.8% of users from USA
3.2% of users from China
13.9% of users from search engines

My advice is pray your alarm doesn't ring.

[funpage]

Looks like no one saw value in this, auction ended at $1000 with no other bids.

[HappyBunny]

That $1000 purchase could possibly result in a $xxx,xxx sale sometime in the future. Congrats to OP!

[ecalc]

Originally Posted by HappyBunny

That $1000 purchase could possibly result in a $xxx,xxx sale sometime in the future. Congrats to OP!

OP stated in post #1 that the likely bidder (and therefore likely winner) was Globalcoal. Public disclosure of a name target is odd buy side behavior. I've seen it here once before in another peculiar thread.

[HappyBunny]

Ah, you are correct, ecalc. I was under the impression that OP is the bidder, from the way he talked about how the domain could be sold for $xxx,xxx later... It would be very foolish of him to not bid. And yes, this thread is very similar to the thread you mentioned. Interesting situation.

[stub]

I think this must have been the OP as the seller. Else why wouldn't he come back here gloating that he won the auction for $1005? Or maybe his alarm didn't ring

[mwzd]