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.com Onions.com sold to enduser

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Founder @ Rooted.com Previously Empire NamesTop Member
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Bad Story of day :
I saw 6-7 months ago Onions.com sold in Flippa private acquisition in 17000 USD the person who sold he reported he kept this name for one year he bought in 7000 USD so he made handsome profit on it ... now the person who bought onions.com on flippa he sold privately to Vidala Onions in 14k usd today
I really want to know why he did this when enduser came to him. maybe he wanted cash ASAP? or he felt like he cant sell it anymore?
Any thoughts guys??

Have you bought anyname in high price and sold to enduser in low price if yes please let us know your story.
 
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There is The Onion Router (TOR) and there is The Onion (owner of the singular Onion.com). I read someone asking if this is lucrative, and well if you look at the site, it looks like it is a busy company.

vidalia-onion-boxes-ready-to-ship.jpg
 
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Wholesale distribution. Grocers, sub-wholesalers and other whole buyers don't say "Hmmm, where do I buy onions? I wonder if there's a place at onions.com?" Maybe some small farmer's market resellers do, but usually they buy from what I call the "irregulars" market. Ever wonder why the bell peppers in most grocery stores are pretty much all the same size? They get the medium size bell peppers, the ones more grocery store shoppers are looking for. The huge ones get sold off in another distribution channel and many end up to "farmer's market sellers". That's right, a lot of what you buy in a farmer's market isn't grown on the seller's own far. Even Amish farmers sellers buy wholesale.
 
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Many times these type of names never end up in agri type hands, they are used for other purposes. Farming is a wholesale type enterprise with many middle men wholesalers, and there is no real need to advertise to direct end users in commodity type businesses. Given the buyer has an interest in domains, the price seemed right for them to pull this purchase as a vanity buy, the price will always hold, and it's a nice conversation piece for sure, as well an one word .com.
 
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The term 'Vidalia Onion' is trademarked by the vidalia onion farmers committee.. They basically protect the name to make sure someone growing sweet onions in, say, Texas doesn't try to pass them off as Vidalias (vidalias can only be grown in Georgia). When I started this project, I went down & met with with committee and got their blessing to use the name (trademark wise), and then partnered up with M&T Farms. And yes, I bought the domain first (a gamble), then got their blessing to use. Was a risky move that ultimately worked out.

There are several types of sweet onions, Vidalia being one. Others include Texas 1015, Maui Sweets, Walla Walla, and others. Peru sweet onions have recently entered the market, and are quite good (if you like Vidalias and want to try something else in our off-season).
Interesting that Honey.com is owned by the NHB and Honey.org is owned by the app, joinhoney.com.
 
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That is not how decision-making works.

If there was 10% of success and 90% of failure with option 1 and you still went with it and it worked, it was still wrong decision. And if you chose 90% success option 2 and it did not work out, it was still a right decision.

When he was offered the name for slightly higher, he should have taken it. If I am samsung and I am offered phones.com or I am hilton and am offered hotels.com (assuming it did not already sell for 8 figures) for a bargain price, I don't haggle and say no for a great wholesale price hoping for 5% chance that I will buy it at throwaway price.

This is the first time I've heard this official definition of a right decision...!

I didn't know it didn't depend on the outcome. That it depended on the chance of success? So someone who made decisions that had the right outcomes because she listened to her heart would be an unwise decision maker, whereas a statistics guy who made decisions that had more bad outcomes would be a wise decision maker ?
 
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This is the first time I've heard this official definition of a right decision...!

I didn't know it didn't depend on the outcome. That it depended on the chance of success? So someone who made decisions that had the right outcomes because she listened to her heart would be an unwise decision maker, whereas a statistics guy who made decisions that had more bad outcomes would be a wise decision maker ?

Heart or gut can be great decision tools.

Many people often make right decisions based on that, because actually your brain performs lots of subconscious calculations based on instincts, experience, senses, body language etc.

And if your heart has proven better than coin flip track record, then it can become part of your scientific logical decision making.

Let's say there are 2 companies drilling in the same area. They had a chance to go for a spot with 20% chance of hitting oil and for 40% one.

Company A goes for 20%, company B goes for 40%. Company A finds oil, B doesn't. Now going forward, all else being the same, would you invest in A or B?

A should be out of business eventually if it continues with the practice because it makes wrong decisions even if in the beginning they were successful lucky ones.

Now if A has a geophysicist that has a track record of relying on his gut and being successful much more than the odds, then it might be another story.
 
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Onions.com is probably a good buy for 15k ,but a domain like orangejuice.com was a hard sell and well promoted a few years make and I don't even think it went for 50k ,I don't think a plural in this case is a 100k domain ,but a nice buy in this sale range
 
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