Is Sedo still important to you?

Ostrados · Nov 11, 2020

I am not sure if Sedo is still important in domaining in 2020?
I read plenty of comments and posts from domainers complaining about low sales at Sedo, for me I have the worst performance at Sedo:
- My last sale at Sedo was on Feb 2020 about 9 months ago for high xx (lol)
- In 2019 I had 5 sales but all of them were liquid 4Ls sold at xxx reseller prices so no big sales

I don't think the problem is in my domains because I get sales on all other platforms (Afternic, Dan, SH) only Sedo is not performing well for me! I am fine about keeping my domains at Sedo but what annoys me is that every time I acquire new domains I will have to first add them to Sedo and add text record for verification, then wait until Sedo verifies my domain, then I can change the DNS to point to Dan or whatever target marketplace.. which is slow painful process. I started thinking about just ignoring Sedo and not list with them anymore.

Is it just me or others are doing better at Sedo?
Why Sedo is not performing well as in the past?

TCK · Nov 12, 2020

I list on Sedo but I do not depend on the marketplace. I've received serious offers through the platform but the lack in ability to negotiate caused most to go nowhere. That is a serious flaw in the system.

I prefer to use landing pages I control where I can deal directly with the buyer.

Unless you have BIN pricing (taking commission rate into the equation) then your options for selling are handicapped.

Jimmysun · Nov 13, 2020

2 days ago was my first time using Sedo to acquire a domain, they're like taking forever to respond one question to me, due to the payment limit should be done within 5 days and tomorrow is Saturday so I guess I will fail the payment...
Also no one respond my question in the communication box yet, lol.

Gube · Nov 14, 2020

This is actually that one platform that gave me this crazy idea of buying and selling domains, sedo.
It would make me a bit sad, or nostalgic to see them dissapear.
I'm not using them for landers but I still have some names listed there. And in terms of UI/UX, Sedo is still a bit better compared to Afternic.
The current situation doesn't make it very easy for them neither I think, having employees working from home in a company like Sedo, which doesn't seem used to that. Takes time to get correctly organized back, for each of their teams..
Anyway, Sedo still has ways to bright in the future. There is still some place for them in the domain market, espacially ccTLDs but they have to try different things to know how to improve.
Base your actions on data and don't run in every possible direction if it has a negative impact

tonyk2000 · Nov 14, 2020

German punctuality & seriousness. The oldest provider (or one of...). And, the only provider which I would use for manual transactions where I already have a "ready" buyer (for pure escrow, without landers or distribution networks).

Sedo · Nov 17, 2020

Hi Ostrados

Thanks for the post, sorry to read that you haven’t had much luck with your domain sales recently with Sedo, I hope this improves for you!.

If you check yearly domain sales statistic sites like DNJournal.com you will see that Sedo is still a Major player in the domain selling industry. I did note that you say that Sedo is not performing as well as other marketplaces, you state that you list domains with Sedo then you directly redirect the DNS to another marketplace after the verification is complete. If you have a parked page or sales lander set with other marketplaces then that in itself will give your domains an advantage in selling at the marketplace that they are pointed to over Sedo. Often when visitors to domains have an intention to buy them, they search for the domain directly in their browser and will visit the marketplace who holds the parked page or sales lander, resulting is a better chance of selling. Maybe try switching to Sedos Sales Lander instead to see if that boosts your sales. Also you do say that you are selling domains with us nonetheless, so to stop listing domains with us all together is probably not a good idea because you never know what sale you will miss out on.

Just keep in mind that during the current worldwide situation and Covid, the types of domains that are trending and popular are changing. You should also make sure you still have up to date pricing for your domains to keep the listings as enticing as ever. To increase your chance of selling, you should consider listing your domains as Buy Now *with accurate prices* and strengthening the listing by activating SedoMLS premium and the Sedo sales lander to make sure the domains receive maximum exposure. This would give you the best success at Sedo as long as your domain pricing is realistic and accurate.

With regards to verification if you are verifying with the TXT record then it should be pretty much instantaneous verification. Now and then our system may be a bit slower if a large domainer with hundreds of thousands of domains adds domains on the same day and time you are adding your domains, then it could take a few hours but normally there should be no issues and if you do have issues when verifying with delays then give us a quick call and we will sort it out for you directly on the phone for you.

All the best

Chris

tonyk2000 · Nov 17, 2020

Chris, on a side note, Sedo should 1) make the resolution instant if the domain has ownership conflict, and correct owner added it with appropriate txt record; and 2) enforce txt verification to all customers, including large portfolio holders. Some of your customers are still adding domains without txt verification, and, as the result, legitimate owners may have their domains removed. This is because some of your large customers do not know what they own...

Alop · Nov 17, 2020

I wouldn't say that Sedos distribute of domains has decreased, only that your selection of premium domains is running low

Sedo · Nov 17, 2020

tonyk2000 said:
Chris, on a side note, Sedo should 1) make the resolution instant if the domain has ownership conflict, and correct owner added it with appropriate txt record; and 2) enforce txt verification to all customers, including large portfolio holders. Some of your customers are still adding domains without txt verification, and, as the result, legitimate owners may have their domains removed. This is because some of your large customers do not know what they own...

Hi Tonyk2000,

Thanks for your response.

I will forward your suggestions on to out developments team, our tech team are currently working on improving the verification process so all suggestions will be considered.

Thanks for taking the time to provide yours!

All the best
Chris

Kazzia · Nov 17, 2020

Sedo does not work for most domainers. They only seem to sell 5 figure names and up. Last name I sold there was maybe 8 years ago (compared to dozens per year elsewhere).

Ostrados · Nov 17, 2020

tonyk2000 said:
Chris, on a side note, Sedo should 1) make the resolution instant if the domain has ownership conflict, and correct owner added it with appropriate txt record; and 2) enforce txt verification to all customers, including large portfolio holders. Some of your customers are still adding domains without txt verification, and, as the result, legitimate owners may have their domains removed. This is because some of your large customers do not know what they own...

Thanks for detailed reply.

Does Sedo MLS help? And why should I use it along with Afternic fast transfer? For example I dont see a wider coverage for Sedo MLS, I had enabled it for half of my portfolio but stopped doing that as I dont see any sales resulting from it.

Sedo · Nov 17, 2020

Hi,

Yes it will help, plus we have made some changes to our MLS network in 2019 and 2020 to make it even better. SedoMLS will promote your domain names worldwide via more than 650 of our partner websites. This promotion will help you get maximum exposure for your domains and allows your domains to be seen by thousands of potential buyers around the world, this should bring you more targeted leads and boost your sales. In order to activate MLS premium you just have to make sure the domains are listed with a compatible registrar, have a compatible TLD and are listed as Buy Now, but then you can benefit from an efficient payment process and automated domain transfers meaning you get the money for domain sales faster, with MLS Premium buyers can purchase your domains directly through our partner websites without having to be redirected to Sedo to make the payment, increasing the chances of a sale. If a domain sells under the MLS Promotion then a commission of 20% applies which is higher than the normal marketplace commission so you would need to take that into consideration.

I mean the more coverage and exposure you can get for your domain sales the better, activating the service may take a few moments but it may gave you a boost in sales for 2021. Plus if you dont try it then you never know if it could have worked out for you or not.

All the best
Chris

Samer · Nov 17, 2020

Sedo said:
Hi Ostrados

Thanks for the post, sorry to read that you haven’t had much luck with your domain sales recently with Sedo, I hope this improves for you!.

If you check yearly domain sales statistic sites like DNJournal.com you will see that Sedo is still a Major player in the domain selling industry. I did note that you say that Sedo is not performing as well as other marketplaces, you state that you list domains with Sedo then you directly redirect the DNS to another marketplace after the verification is complete. If you have a parked page or sales lander set with other marketplaces then that in itself will give your domains an advantage in selling at the marketplace that they are pointed to over Sedo. Often when visitors to domains have an intention to buy them, they search for the domain directly in their browser and will visit the marketplace who holds the parked page or sales lander, resulting is a better chance of selling. Maybe try switching to Sedos Sales Lander instead to see if that boosts your sales. Also you do say that you are selling domains with us nonetheless, so to stop listing domains with us all together is probably not a good idea because you never know what sale you will miss out on.

Just keep in mind that during the current worldwide situation and Covid, the types of domains that are trending and popular are changing. You should also make sure you still have up to date pricing for your domains to keep the listings as enticing as ever. To increase your chance of selling, you should consider listing your domains as Buy Now *with accurate prices* and strengthening the listing by activating SedoMLS premium and the Sedo sales lander to make sure the domains receive maximum exposure. This would give you the best success at Sedo as long as your domain pricing is realistic and accurate.

With regards to verification if you are verifying with the TXT record then it should be pretty much instantaneous verification. Now and then our system may be a bit slower if a large domainer with hundreds of thousands of domains adds domains on the same day and time you are adding your domains, then it could take a few hours but normally there should be no issues and if you do have issues when verifying with delays then give us a quick call and we will sort it out for you directly on the phone for you.

All the best

Chris

than make it easier to verify ownership;

you are a nightmare to verify ownership.

bruhne · Nov 20, 2020

I’d list my names there if verifying ownership wasn’t such a pain. I’ve had multiple sales with Sedo in the past and was quite pleased. However, I no longer have any names there because of the verification process. Copy, paste, a couple of clicks then submit and I’m in.

evil · Nov 25, 2020

The biggest Sedo gap also for me is the verification process.
I suggest to implement the verification through custom nameserver (like in Dan or Above): quick and easy

biggie · Nov 25, 2020

Sedo said:
If you check yearly domain sales statistic sites like DNJournal.com you will see that Sedo is still a Major player in the domain selling industry. I did note that you say that Sedo is not performing as well as other marketplaces, you state that you list domains with Sedo then you directly redirect the DNS to another marketplace after the verification is complete. If you have a parked page or sales lander set with other marketplaces then that in itself will give your domains an advantage in selling at the marketplace that they are pointed to over Sedo. Often when visitors to domains have an intention to buy them, they search for the domain directly in their browser and will visit the marketplace who holds the parked page or sales lander, resulting is a better chance of selling.

Hi @Sedo

Thanks for that reply

it clearly gives logical reason for performance variances among marketplaces. when your names are pointed to different platforms.

as far anything being a "pain" to verify a domain on a marketplace..
it's seems something like that should be seen as a task worth undertaking,
when the end goal is a potential sale.

i think sedo is important, not just because they have existed for so many years,
but they've also established a standard of credibility that others strive to achieve.

lifetime, i've had six figures in total sales and earned half that in ppc revenue, so i ain't mad at sedo.
and, there's always a chance for the future.

but none of them are perfect, right?
though without sedo as an option, then that's one less choice to choose from.

and we need choices...

imo...

Maxam · Nov 27, 2020

I'm new to the forum and like your comments. I have just begun listing on Afternic MLS. I was interested in also listing on Sedo MLS, but I am concerned because my registrar is Uniregistry, which is not supported for fast transfer with Sedo. However, they will still show in Sedo's partners. Sedo will not let you only show on Sedo.com, and it will show on their partners if you list with Sedo. I don't mind this when Sedo has partners that Afternic does not.

However, when Sedo and Afternic have the same partners, who gets the listing shown? Is it arbitrary or default for each MLS partner? I listed one name with Sedo that is also listed with Afternic, and when I checked, the for sale cart was from Sedo. I prefer Sedo not to get the sale since it won't have a fast transfer. Also, if there are different commissions between Sedo and Afternic, that could be a conflict of interest.

I called Afternic and Sedo, but they were not able to clarify. Have you had any experience with sales on these MLS sites that both have the same partners?

I really appreciate any help you can provide.

lock · Nov 27, 2020

Cannot discredit sales history as look where the names reported were sold. I understand they will lose market as more marketplaces are used. Like dot com loses percentages of sales to other extensions.

alcy · Nov 27, 2020

there are markets where u will basically never be found directly like dan..nor some others... and need landers... and then there are markets like sedo or godad ... where u will be found...not having names on those 2 ... is limiting our sales.. and limiting sales is for domainers a suicide.

u can forget everything else..including afternic... but do not forget gd and sedo... with gd being 1000 times more important of the two also.

gl

Ostrados · Nov 27, 2020

alcy said:
there are markets where u will basically never be found directly like dan..nor some others... and need landers... and then there are markets like sedo or godad ... where u will be found...not having names on those 2 ... is limiting our sales.. and limiting sales is for domainers a suicide.

u can forget everything else..including afternic... but do not forget gd and sedo... with gd being 1000 times more important of the two also.

gl

I would say Afternic is more important than Godaddy. If you list at GD alone without Afternic then exposure will be limited, Afternic listing will be auto listed on GD and other registrars. Also GD listed names are limited to $5000 after that Escrow is used.

poweredbyme · Nov 28, 2020

Sedo displays seller's country. It's a some kind of racist behavior in my opinion and if not, it's a serious privacy issue. Sedo should keep country/location info private until the sale is finished. There are other complaints on this here on np forum.

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