Afternic experiment of March 2020

AbdulBasit.com · Apr 2, 2020

Hello everyone,

This is the third post of the Afternic experiment series after I published January and February results which I’m hopeful that some of my readers find it interesting.

It was a bright start of March with 4 sales in first 15 days and the remaining 16 days went totally silent which was not very surprising because of the situation globally due to Covid pandemic.

Some of the highlights of March 2020 are as below:

There were once again very close to 550 inquiries which includes the inquiries on repeating domains as well. this time I just reached 3,700 domains right at the end of March.

As said earlier, I’d 4 sales and all that happened in the first half of March. 3 out of 4 sales happened via GoDaddy which includes Kword.com for $3,888, GoDragonfly.com for $3,988 and EastEight.com for $8,888. Only one happened via Afternic sales lander which was U-6.com sold for $1,888.

Kword.com acquired more than 5 years back. GoDragonfly.com acquired almost 2 years ago. EastEight.com also almost 2 years back and U-6.com more than 5 years before. Altogether acquisition cost for these 4 domains was under $500.

Considering the Covid pandamic haunting globally, I see the number of sales and total amount is decent.

Feel free to give your feedback and if you like to add your experience with Afternic, feel free to share. Also you may contact me directly if you like your results to be published in my next report post.

Wendell · Apr 8, 2020

Thats what I like to see - HODL until you can't HODL no more

Congrats on the $$$

infosec3 · Apr 8, 2020

Congratulations, Abdul, and thanks for sharing.

AbdulBasit.com · Apr 8, 2020

brandpainvestment said:
Yes.

ProGuide needed in this.

You may want to check this - https://www.namepros.com/threads/how-do-i-valuate-domains-and-set-an-asking-price.951601/

ab2care · Apr 8, 2020

1: Do you Categorize each domain?
2: is Afternic your landing page?

brandpainvestment · Apr 9, 2020

Thank you for sharing.

AbdulBasit.com said:
You may want to check this - https://www.namepros.com/threads/how-do-i-valuate-domains-and-set-an-asking-price.951601/

AbdulBasit.com · Apr 9, 2020

ab2care said:
1: Do you Categorize each domain?
2: is Afternic your landing page?

1. As far as I remember, I never categorized any domains at Afternic.
2. Yes. I'm using their ns3/ns4. Can check one sample domain MSRI.com

howudoin8 · Apr 9, 2020

AbdulBasit.com said:
1. As far as I remember, I never categorized any domains at Afternic.
2. Yes. I'm using their ns3/ns4. Can check one sample domain MSRI.com

BIN price is not showing on MSRI.com landing page. Is that normal?

If yes, then will the buyer only sees BIN price on Afterenic's network sites?

AbdulBasit.com · Apr 9, 2020

howudoin8 said:
BIN price is not showing on MSRI.com landing page. Is that normal?

If yes, then will the buyer only sees BIN price on Afterenic's network sites?

Afternic doesn't show BIN price on their landers.

Buyers can see BIN pricing either at Afternic platform itself by searching the domain and their partner registrars.

howudoin8 · Apr 9, 2020

AbdulBasit.com said:
Afternic doesn't show BIN price on their landers.

Buyers can see BIN pricing either at Afternic platform itself by searching the domain and their partner registrars.

So given that no BIN price is shown, would you say that you're getting more inquiries than when your domains were Directing to DAN servers (which shows BIN price on landers)?

AbdulBasit.com · Apr 9, 2020

howudoin8 said:
So given that no BIN price is shown, would you say that you're getting more inquiries than when your domains were Directing to DAN servers (which shows BIN price on landers)?

I'm not 100% on receiving more number of inquiries because that has been increasing as I'm adding at least over 50 domains per month in my portfolio so that naturally increases the number of inquiries.

But for receiving offers, I'm sure of getting more number of 4 figure offers than I was using at Uniregistry and I'm confident it's due to GoDaddy brand recognition factor as most people aren't aware of Uniregistry.

And I've never used DAN and no plans of using them. I might have listed some domains when I created account with them long time ago.

Also while using Uniregistry landers, you can see one domain which I've still left using Uniregistry lander and I think it's the only one left using Uni lander and that's GRO.com

The only difference with this lander and all my domains using same Uniregistry lander was the minimum offer field which wasn't there in all other domains. Since I was receiving plenty of emails, most of which were of no use and I needed to avoid them for which I put up minimum offer on this domain.

Thanks!

alcy · Apr 9, 2020

AbdulBasit.com said:
I'm not 100% on receiving more number of inquiries because that has been increasing as I'm adding at least over 50 domains per month in my portfolio so that naturally increases the number of inquiries.

But for receiving offers, I'm sure of getting more number of 4 figure offers than I was using at Uniregistry and I'm confident it's due to GoDaddy brand recognition factor as most people aren't aware of Uniregistry.

And I've never used DAN and no plans of using them. I might have listed some domains when I created account with them long time ago.

Also while using Uniregistry landers, you can see one domain which I've still left using Uniregistry lander and I think it's the only one left using Uni lander and that's GRO.com

The only difference with this lander and all my domains using same Uniregistry lander was the minimum offer field which wasn't there in all other domains. Since I was receiving plenty of emails, most of which were of no use and I needed to avoid them for which I put up minimum offer on this domain.

Thanks!

but if your afternic listings basicaly sell at your bins across their partner network, then this means redirecting to the non-bin afternic lander is not giving you many sales? cause if i understansd correctly, those afternic landers, it goes to the broker for negotiation right?

or at this point its just impossible for you to know how many sales are due to the lander redirecting, vs just having bin prices setup and then distributed across various networks?

AbdulBasit.com · Apr 9, 2020

alcy said:
but if your afternic listings basicaly sell at your bins across their partner network, then this means redirecting to the non-bin afternic lander is not giving you many sales? cause if i understansd correctly, those afternic landers, it goes to the broker for negotiation right?

or at this point its just impossible for you to know how many sales are due to the lander redirecting, vs just having bin prices setup and then distributed across various networks?

I'm not aware of any Afternic lander with BIN.

Also all inquiries either via calls or by submission of forms goes to Afternic brokers for any communication/negotiation.

As mentioned in my first post of this thread, 3 out of 4 sales happened via GoDaddy. Only one happened via Afternic sales lander. If there was any sale via partner registrar, I could've known that as well which is shared in the report itself. I believe it's very helpful to know this data for analyzing further what to do next in terms of using Afternic landers or to move elsewhere.

alcy · Apr 9, 2020

AbdulBasit.com said:
I'm not aware of any Afternic lander with BIN.

Also all inquiries either via calls or by submission of forms goes to Afternic brokers for any communication/negotiation.

As mentioned in my first post of this thread, 3 out of 4 sales happened via GoDaddy. Only one happened via Afternic sales lander. If there was any sale via partner registrar, I could've known that as well which is shared in the report itself. I believe it's very helpful to know this data for analyzing further what to do next in terms of using Afternic landers or to move elsewhere.

i must have missed something in your past posts.. so much info... everywhere...

i was under impression most of your sales occured via partners of the network... not 3 out of 4 via godaddy.

in this case, your results then become somewhat equivalent to one listing his domains on godaddy... but ensuring he has a bin price there... so perhaps godaddy auctions bin+makeoffer listing type option.

it sure makes me wonder whether this would achieve similar results in your experiment. i wouldn't be surpised as I too am big fan of gd auctions and despite al my names everywhere being makeoffer only, almost everything I sell happens on gd auctions (then a few sales hgere and there via my current lander which is bodis and then some on sedo..).. so I Definitely understand the powerhouse that is gd auctions.

as for afternic sale lander with bin price.. well one could always redirect to the link below (my domain example).. which is directyl taken from afternic market. my name does not have bin now, but it did, then it'd show up there too.. note this lander does not go to broker per se. you simply reply to the offer... or the buyer buys at bin right away:

https://www.afternic.com/domain/vrsign.com

AbdulBasit.com · Apr 9, 2020

alcy said:
i must have missed something in your past posts.. so much info... everywhere...

i was under impression most of your sales occured via partners of the network... not 3 out of 4 via godaddy.

in this case, your results then become somewhat equivalent to one listing his domains on godaddy... but ensuring he has a bin price there... so perhaps godaddy auctions bin+makeoffer listing type option.

it sure makes me wonder whether this would achieve similar results in your experiment. i wouldn't be surpised as I too am big fan of gd auctions and despite al my names everywhere being makeoffer only, almost everything I sell happens on gd auctions (then a few sales hgere and there via my current lander which is bodis and then some on sedo..).. so I Definitely understand the powerhouse that is gd auctions.

as for afternic sale lander with bin price.. well one could always redirect to the link below (my domain example).. which is directyl taken from afternic market. my name does not have bin now, but it did, then it'd show up there too.. note this lander does not go to broker per se. you simply reply to the offer... or the buyer buys at bin right away:

https://www.afternic.com/domain/vrsign.com

Thanks for sharing but I don't like this lander which you shared because that brings in lot of lowball offers which is waste of time.

Also when you put up BIN at Afternic, that increase the chances of your sale.

As per Afternic I'm quoting "Priced domains are more likely to sell than domains without a price. When you also set a buy now price, your domain is eligible to be a fast-transfer premium domain."

Simply leaving without BIN like the lander you shared, that has less chances of selling the domain.

alcy · Apr 9, 2020

AbdulBasit.com said:
Thanks for sharing but I don't like this lander which you shared because that brings in lot of lowball offers which is waste of time.

Also when you put up BIN at Afternic, that increase the chances of your sale.

As per Afternic I'm quoting "Priced domains are more likely to sell than domains without a price. When you also set a buy now price, your domain is eligible to be a fast-transfer premium domain."

Simply leaving without BIN like the lander you shared, that has less chances of selling the domain.

well yes, but as I said, thats jut because I didn't put bin there.. u can easily use that lander for bin only pricing.

so if so many of your sales are strictly through gd, i may perhaps debate redirecting my domain to a bin priced godaddy auctions lander... as well as ensuring all my gd auctions are priced with bins.

AbdulBasit.com · Apr 9, 2020

alcy said:
so if so many of your sales are strictly through gd, i may perhaps debate redirecting my domain to a bin priced godaddy auctions lander... as well as ensuring all my gd auctions are priced with bins.

I think it will restrict the partner registrar listings and sales which again means less chance of sales. The more exposure, the better.

alcy · Apr 9, 2020

AbdulBasit.com said:
I think it will restrict the partner registrar listings and sales which again means less chance of sales. The more exposure, the better.

thats true... however, i am just stunned that your experiment yielded 75% sales through gd. when I thought it was maybe 75% through all partner networks. i must have missed this part somewhere.. i read/post a lot here.

well in another way, its understandable... gd auctions remains the king of all sales and exposure for domainers and buyers.

cheers

Bruce Wayne · Apr 22, 2020

A couple of questions:

1) How did you get that lander page? When I added Afternic nameservers, it loads a page with ADs and a link at top saying the domain name is for sale. I'd prefer just the For Sale page.

2) When you use BIN, what's your strategy for setting your Floor Price, Reserve Price, and Minimum Offer?

Thanks and congrats on your success! Thank you for the info you share.

AbdulBasit.com · Apr 23, 2020

Bruce Wayne said:
A couple of questions:

1) How did you get that lander page? When I added Afternic nameservers, it loads a page with ADs and a link at top saying the domain name is for sale. I'd prefer just the For Sale page.

2) When you use BIN, what's your strategy for setting your Floor Price, Reserve Price, and Minimum Offer?

Thanks and congrats on your success! Thank you for the info you share.

1) Most probably you're using their ns1/ns2 whereas you may want to change to ns3/ns4 for your desired results.

2) Usually for all my low-mid 4 figure domains, I set BIN, Floor, Reserve and Minimum the same.

For mid-high 4 figures, I lower down a bit only in Minimum and rest always remain same no matter whatever the BIN is. Same is the case for 5 figures.

Afternic experiment of March 2020

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