IT.COM
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The views expressed on this page by users and staff are their own, not those of NamePros.
Thanks all for the replies to the 4-letter .co query. Actually it's an abbreviation, but it's a trademarked term. Decided not to reg.

Smart move, avoid trademarked terms, they're just not worth the potential legal hassle when there are so many other legitimate opportunities.

---------- Post added at 12:33 PM ---------- Previous post was at 12:31 PM ----------

Has everybody who won a name on the Sedo auction received their name?

I paid for the name the day of the auction - the seller still hasn't even pushed the name to Sedo yet.

Yes, a few days ago. But don't worry, the auction is legally binding. And if odd chance there was fraud by the seller, your payment is protected with Sedo's escrow process. You'll get your money back.

---------- Post added at 12:41 PM ---------- Previous post was at 12:33 PM ----------

General supply is expanding while individual consumer demand is independently contracting. This can be documented with very little research.

Our .CO sales were cranking up until this week. I think everyone has checked out for the holidays, so perhaps I should too. :hehe:

The key is to offer strong category-killer .CO names at reasonable prices marketed direct to end-user companies. We are doing especially well with international customers, who seem to value .CO more than US companies, which are still .COM focused.
 
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Has everybody who won a name on the Sedo auction received their name?

I paid for the name the day of the auction - the seller still hasn't even pushed the name to Sedo yet.

Yes, I have. The name was at GoDaddy and the agent asked me whether I wanted the domain to be pushed to my GD account for free and I accepted.
 
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Time for an update :)

Today I counted 1145058 domains including (.com.co/.net.co etc) in the zone file.
My previous count of last month was 1120188.

This is a net gain of 24870 registrations.
Margin of error unknown but presumed reasonable.
 
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Has everybody who won a name on the Sedo auction received their name?

I paid for the name the day of the auction - the seller still hasn't even pushed the name to Sedo yet.

A seller paid days ago for a name I sold. Sedo sent me a message saying to wait for further instructions. Can't do much about that.
 
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wait for further instructions

wait for further instructions is code for "After the sellers payment clears we would like the money to sit in our interest paying account for a while"
 
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wait for further instructions is code for "After the sellers payment clears we would like the money to sit in our interest paying account for a while"

Lol it's only $100. I almost hope it doesn't clear :hehe:
 
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Guys please pm each other and discuss this issue in private or message your Sedo Rep.
 
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Sorry but it's WANGZHONG.com.

Just Saw WANGZHONG.co at 4.cn auctions at 30000RMB!great to see this chinese attraction to the tld...


---------- Post added at 01:01 AM ---------- Previous post was at 12:53 AM ----------

The supply of domains will always be infinite. That's the nature of the business.

I don't see an independent contraction. There are more domains being registered now than ever before.

I really didn't learn anything from the experiment other than perhaps aftermarket prices have sunk a little deeper than I had earlier anticipated. My advice to those heavily invested in this extension would be to immediately begin formulating an exit strategy as it does appear that the sky is indeed falling. ((:gl:))

---------- Post added at 12:11 PM ---------- Previous post was at 12:07 PM ----------



General supply is expanding while individual consumer demand is independently contracting. This can be documented with very little research.
 
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There are more domains being registered now than ever before.

I agree.

But the contraction is coming from the population who buy domains not from those who register them. That's the problem. Everyone is registering and holding and very few are buying. The importance of this point cannot be over-emphasized.

I think that .CO prices will continue to decline steadily overall with strong keywords probably leveling out first. I see this occurring over the next 2 to 3 years. Then you will probably see total stagnation and disinterest moving forward from that point.

In my view, a comprehensive exit strategy is the best defense at this juncture.

Here are a couple of helpful strategies when dealing with a ccTLD that's on a permanent downturn:

- Don't buy and hold
- Don't hold through more than one renewal cycle.
- Don't hand register
- Focus on quick flips
- Be strongly proactive with your sales
- Evaluate profit/loss monthly
- If you're not making money, enjoy your hobby.
- Have a fully-developed exit strategy on hand


These are just a few points off the top of my head. I must go now and try to make some money. ((:ghost:))
 
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A seller paid days ago for a name I sold. Sedo sent me a message saying to wait for further instructions. Can't do much about that.

Just got a message from sedo. The buyer has paid but has not provided transfer details after multiple requests to do so :-/
 
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Has everybody who won a name on the Sedo auction received their name?

I paid for the name the day of the auction - the seller still hasn't even pushed the name to Sedo yet.

I won 2 names and got them both within 12 hours of the auction ending.

It all depends on how fast you pay and the seller pushing the domain.
 
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The prognostication of the "fall" of .co is only that, a personal assumption, nothing more.
There are no crystal balls in this kind of business.

I agree.

But the contraction is coming from the population who buy domains not from those who register them. That's the problem. Everyone is registering and holding and very few are buying. The importance of this point cannot be over-emphasized.

I think that .CO prices will continue to decline steadily overall with strong keywords probably leveling out first. I see this occurring over the next 2 to 3 years. Then you will probably see total stagnation and disinterest moving forward from that point.

In my view, a comprehensive exit strategy is the best defense at this juncture.

Here are a couple of helpful strategies when dealing with a ccTLD that's on a permanent downturn:

- Don't buy and hold
- Don't hold through more than one renewal cycle.
- Don't hand register
- Focus on quick flips
- Be strongly proactive with your sales
- Evaluate profit/loss monthly
- If you're not making money, enjoy your hobby.
- Have a fully-developed exit strategy on hand


These are just a few points off the top of my head. I must go now and try to make some money. ((:ghost:))
 
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I think that .CO prices will continue to decline steadily overall with strong keywords probably leveling out first.

Or not. In our experience the .CO market is ramping up nicely. I thought business was over for a while with Christmas looming, but we scored a mid $X,XXX profit on a LLL.co yesterday. Companies -- especially those with a global presence -- seem very interested in .CO domains. I expect to see another positive bump with GoDaddy's .CO Super Bowl commercial.

Who knows what the future will bring, but that uncertainty and the occasional big sale is what makes our industry so exciting.

Peace and good sales to all. :santa:
 
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.. but that uncertainty and the occasional big sale is what makes our industry so exciting.

These are the same psychological principles that make the lottery exciting. I see workers all the time lining up at the convenience store to buy their lotto tickets praying for that one big payday. I personally think a domaining business model leaning more toward steady and predictable profitability is better.
 
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I would hardly compare a new business with a lottery. .co is a business. The .co aftermarket is a business. If one chooses to be uber conservative, that's his or her choice. But hardly a declaration of diversification. Diversify and choose wisely.

These are the same psychological principles that make the lottery exciting. I see workers all the time lining up at the convenience store to buy their lotto tickets praying for that one big payday. I personally think a domaining business model leaning more toward steady and predictable profitability is better.
 
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These are the same psychological principles that make the lottery exciting. I see workers all the time lining up at the convenience store to buy their lotto tickets praying for that one big payday. I personally think a domaining business model leaning more toward steady and predictable profitability is better.

Stock trading and domaining are speculative industries, and hence just legalized forms of gambling. Yet we'd all argue that domaining is not simply a game of chance like the lottery. Domaining requires more hard work and skill than dumb luck, for each of us to be successful long-term.

But the measured, methodical side of the domaining business doesn't diminish the massive rush we get with an unsolicited 7000% profit on a domain. :sold:
 
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Well, I had 5 domains that sold in the .co auction and all have been paid for. Would be interesting to know how many domains go unsold/unpaid in these type of auctions :imho:
 
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Gamers.co just sold for $1,205 on godaddy auctions
 
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Well, I had 5 domains that sold in the .co auction and all have been paid for. Would be interesting to know how many domains go unsold/unpaid in these type of auctions :imho:

I can think of far more interesting things I'd like to see... like how many of them were bid on by new accounts, etc.

After reading about Halvarez, Federer and King.net and others... I trust auctions about 0%
 
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I can think of far more interesting things I'd like to see... like how many of them were bid on by new accounts, etc.

New accounts have nothing to do with it. The real issue is if the sale completes. A buyer that pays is a good buyer, new or old.
 
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New accounts have nothing to do with it. The real issue is if the sale completes. A buyer that pays is a good buyer, new or old.

This matters to me when looking at the "unpaid" numbers :) You were interested in those - not the sale complete numbers - you changed what you were looking at :)

No one shill bids on an old established account.

No one will remedy a bad decision to sell on a no-reserve auction on an established account.

This would afford me some insight into the reality of the modern online auctions.

It's why you must always BUDGET first.

Curious -
Did Jelly.co ever get funded in the end?

I see Church.co did which was good sell :)
 
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Yes it did. It is currently in the middle of transfer :)

You should give some commission to Shane based on his bump (according to his blog).

A quite remarkable sale relative to others imho.

J.
 
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You should give some commission to Shane based on his bump (according to his blog).

A quite remarkable sale relative to others imho.

J.

I'd never seen that blog until just now. Funny it was picked as one of his favorite 2.

Even more remarkable than the sale is the fact that both church and jelly were essentially dropped. The owners were going to let them expire so I made a small offer to buy. It worked out this time :sold:
 
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