question Any auction sites with decent BULK volume?

[dnbknowledge]

Hey guys,

So I basically run a volume operation and sell plenty of domains myself: to my bulk buyers, through forums, through whatsapp/tg/discord, etc.

Sold about 1,000 last month and usually do a ton of volume.

However, I sell to other domainers at low $xx each, so I need volume to make up for the low per-domain prices I charge.

Logic tells me to try auction platforms as well, except that there really don't seem to be any for my needs...

Atom reverse auctions showed some potential but auctions are clearly not a priority to the Atom team and thus, they have very low sales volumes.

NamePros auctions would be an option, sure, but monitoring them at scale would be the equivalent of a part-time job lol. Fine for a couple of domains, not so much for bulk sales. Organizing auctions each day, monitoring them to see who bid/won and so on, just not scalable.

Then there are a bunch of options where you are forced to have all domains you sell at one particular registrar... no thanks.

Any suggestions?

I'm the first to admit that I'm not super active on the auction front, so I'm looking forward to your suggestions!

 

[Eric Lyon]

I would think the easiest and most straight forward way would be a bulk portfolio NamePros auction. You'll have to put the work/time into monitoring, tracking and updating it, sure. But then, if it was too easy to do, everyone would be doing it.

Another option might be to outsource it to a broker. Let them do all the heavy lifting for a % of the bulk sale. Just choose 1 broker though, you don't want 20 people pushing the same portfolio everywhere. That would become more of a headache to clean up if something were to go wrong.

Maybe start a thread in the domain broker wanted section here on NamePros to gather some interest from prospective brokers looking to make a name for themselves, sort the applicants after 30 to 60 days, choose the top contender, sign a broker agreement with them that outlines expectations and requirements to full-fill the contract, and then let them get to work making money for both of you.

That's probably the closest to "Automation" you're going to get where you don't have to personally spend much time marketing and managing the sales listings yourself.

That's just my opinion anyways.

Note: Just be sure you pick one with a track record of some kind you can verify and that they understand they can't outsource the work again to someone else.

 

[dnbknowledge]

Thanks Eric!

A bulk portfolio auction would be difficult to do in the true sense of the word "bulk" because while NP is an active community, there are very few buyers who can afford to buy bundles of let's say 100 names each because they just don't have that much liquidity.

To tap into NP liquidity on the auction front, your latter suggestion might work, either hiring a broker or training a virtual assistant to run them for me. That way, people can pick domains one at a time or in small bundles, which I feel would be optimal for the community. Remains to be seen when I get around to actually doing it, lol.

Quite sad that the domain space has so few legitimately good domainer2domainer auction options. But as someone who used to run a small auction platform back in the day, I kind of understand why, because keeping the buyer/seller community active is easier said than done!

 

[Eric Lyon]

Thanks Eric!

A bulk portfolio auction would be difficult to do in the true sense of the word "bulk" because while NP is an active community, there are very few buyers who can afford to buy bundles of let's say 100 names each because they just don't have that much liquidity.

You might be surprised about who frequents NP in the shadows and pops up to pounce on good deals, even bulk orders.

To tap into NP liquidity on the auction front, your latter suggestion might work, either hiring a broker or training a virtual assistant to run them for me. That way, people can pick domains one at a time or in small bundles, which I feel would be optimal for the community. Remains to be seen when I get around to actually doing it, lol.

Ya, having a freelance assistant or contracted broker to shoulder some of the brain numbing data-entry aspects is probably the best bet for you.

Quite sad that the domain space has so few legitimately good domainer2domainer auction options. But as someone who used to run a small auction platform back in the day, I kind of understand why, because keeping the buyer/seller community active is easier said than done!

Automation seems to be in high demand for the future, so maybe it won't be too much longer until a (DV = Domain Investor) DV to DV bulk auction solution pops up thats mostly automated.

 

[dnbknowledge]

Oh for sure, I've had big boy deals here as well, it's just that those tend to be outliers and the average NP user prefers smaller-scale deals.

The tricky thing will be determining if there's enough meat on the bone to feed myself and the assistant/broker, margins are super-tight as it is.

But I'll figure something out (hopefully), maybe one of these days or AI overlords will help on this front.

 

[URL Expo]

ATOM portfolio wholesale marketplace, is not an auction site, but is a nice tool for selling in bulk.

 

[mkhouzz]

You can auction at Namepros, i sold 30+ in 2 days. Great platform for quick trades.

 

[dnbknowledge]

ATOM portfolio wholesale marketplace, is not an auction site, but is a nice tool for selling in bulk.

Will give it a go, haven't played around with it. Their Reverse Auctions have been kind of disappointing tbh...

You can auction at Namepros, i sold 30+ in 2 days. Great platform for quick trades.

Congrats! I sell a lot here @ NP (many who are reading this thread have probably bought something from me at least once, heh), but my experience with auctions is limited. Never too late to experiment though!

 

[alcy]

Hey guys,

So I basically run a volume operation and sell plenty of domains myself: to my bulk buyers, through forums, through whatsapp/tg/discord, etc.

Sold about 1,000 last month and usually do a ton of volume.

However, I sell to other domainers at low $xx each, so I need volume to make up for the low per-domain prices I charge.

Logic tells me to try auction platforms as well, except that there really don't seem to be any for my needs...

Atom reverse auctions showed some potential but auctions are clearly not a priority to the Atom team and thus, they have very low sales volumes.

NamePros auctions would be an option, sure, but monitoring them at scale would be the equivalent of a part-time job lol. Fine for a couple of domains, not so much for bulk sales. Organizing auctions each day, monitoring them to see who bid/won and so on, just not scalable.

Then there are a bunch of options where you are forced to have all domains you sell at one particular registrar... no thanks.

Any suggestions?

I'm the first to admit that I'm not super active on the auction front, so I'm looking forward to your suggestions!

isnt it already part or full time job to u to sell 1000 a month finding buyers all over internet?

what u sell 1000 for?

kinda depends what quality type u look for... cause I dont think anybody pay anything for random bs no?

 

[dnbknowledge]

isnt it already part or full time job to u to sell 1000 a month finding buyers all over internet?

what u sell 1000 for?

kinda depends what quality type u look for... cause I dont think anybody pay anything for random bs no?

That's precisely the problem, I have so much going on that there's just no more room for yet another part-time job lol. Which is why a streamlined auction option would be quite useful. And not just to me, I imagine. The reason why one doesn't exist is that it takes a ton of time, money and resources to keep a community active. I've been in the trenches running an auction platform, would not recommend!

 

[Xukezu]

Buy Sedo.

Congratulations, you seem to have a working model for consistently selling domains in volume. Very few people are able do this.

Sometimes the hardest thing to do is to do nothing.

Ride the wave while it lasts.

 

[alcy]

Buy Sedo.

Congratulations, you seem to have a working model for consistently selling domains in volume. Very few people are able do this.

Sometimes the hardest thing to do is to do nothing.

Ride the wave while it lasts.

well he.never mentioned his roi

selling names is never easy.. even big bulk discount

if it was easy we would all do it

I wonder his roi selling 1k name a month

 

[dnbknowledge]

It sounds more glamorous than it is.

I literally have to move a ton of names to make it worth my while because the average per-domain price is so low. Good for those who buy from me and flip, less so for my bottom line.

I always keep it real with people when asked about it and tell them that if you live in a wealthy country like Switzerland or Japan or whatever, you're better off getting a job than doing what I do. But I don't live in a super-rich country and my living costs are super low, so it makes sense on my end.

I should write a book called "How to Work Really Hard and Make Enough to Do Well in Second-World Countries but Not Enough by First-World Standards" ... very exciting, right? Bit of a long title but it'll catch on

 

[alcy]

It sounds more glamorous than it is.

I literally have to move a ton of names to make it worth my while because the average per-domain price is so low. Good for those who buy from me and flip, less so for my bottom line.

I always keep it real with people when asked about it and tell them that if you live in a wealthy country like Switzerland or Japan or whatever, you're better off getting a job than doing what I do. But I don't live in a super-rich country and my living costs are super low, so it makes sense on my end.

I should write a book called "How to Work Really Hard and Make Enough to Do Well in Second-World Countries but Not Enough by First-World Standards" ... very exciting, right? Bit of a long title but it'll catch on

lol
bingo
I always tell this to people too

some work in gold mine in africa all day to make 5us. and just pay food ... so basically get back energy they spent making 5us.. the irony huh

there are places on earth u will eat like king for 5us.. and eating is so overrated all we really need is one solid meal a day... anyway... the point is... usa japan u need 5k a month to live ok.. india Bulgaria etc u r a king with 5k a month

back to topic... what roi u make on 1k sold names???

also maybe I missed something but wtf u run around chasing cheap auctions instead of sit down get some 6us reg com ideas by 100s??? or just reg from expired.

 

[dnbknowledge]

lol
bingo
I always tell this to people too

some work in gold mine in africa all day to make 5us. and just pay food ... so basically get back energy they spent making 5us.. the irony huh

there are places on earth u will eat like king for 5us.. and eating is so overrated all we really need is one solid meal a day... anyway... the point is... usa japan u need 5k a month to live ok.. india Bulgaria etc u r a king with 5k a month

back to topic... what roi u make on 1k sold names???

also maybe I missed something but wtf u run around chasing cheap auctions instead of sit down get some 6us reg com ideas by 100s??? or just reg from expired.

I do the exact same thing each and every day.

Wake up.

Generate my list of recently deleted domains, usually around 20k names daily.

Go through it until my eyes bleed, then take a break and go through it some more.

Keep the best for myself, share the "still ok but not nearly as good" ones with people through my lists. The list names can be ok if you know how to choose from them and carve out an edge, but keep in mind that all of the names from my list are domains I have passed on. Treat it as such.

ROI-wise, it's all over the place.

I mean you can take a look at DadDomains.com right now (it's where I list all the names I am selling) and see that if people pay through Bitcoin, they can have names at just $14. And even for non-Bitcoin payments, it's still only 20 bucks. I had to reduce prices quite a bit to tap into liquidity. The market is what it is, which is good for buyers because they are getting the fruits of my labor at low prices, less amazing for me. But that's just the nature of what I do, I deal in the present and not the future, so I take whatever the market gives me at a certain point in time.

Again though, the thing to keep in mind is that ROI calculations, even assuming I had reliable ones to put on the table (which I don't, heh), are severely misleading because the main cost is always the time I invest to build these lists. Time nobody will ever give me back. So you essentially pay $14-$20 and in return get domains hand-picked by an economics PhD with two decades of domaining experience. Not to blow my own horn, but I do think it's a pretty sweet deal.

 

[alcy]

I do the exact same thing each and every day.

Wake up.

Generate my list of recently deleted domains, usually around 20k names daily.

Go through it until my eyes bleed, then take a break and go through it some more.

Keep the best for myself, share the "still ok but not nearly as good" ones with people through my lists. The list names can be ok if you know how to choose from them and carve out an edge, but keep in mind that all of the names from my list are domains I have passed on. Treat it as such.

ROI-wise, it's all over the place.

I mean you can take a look at DadDomains.com right now (it's where I list all the names I am selling) and see that if people pay through Bitcoin, they can have names at just $14. And even for non-Bitcoin payments, it's still only 20 bucks. I had to reduce prices quite a bit to tap into liquidity. The market is what it is, which is good for buyers because they are getting the fruits of my labor at low prices, less amazing for me. But that's just the nature of what I do, I deal in the present and not the future, so I take whatever the market gives me at a certain point in time.

Again though, the thing to keep in mind is that ROI calculations, even assuming I had reliable ones to put on the table (which I don't, heh), are severely misleading because the main cost is always the time I invest to build these lists. Time nobody will ever give me back. So you essentially pay $14-$20 and in return get domains hand-picked by an economics PhD with two decades of domaining experience. Not to blow my own horn, but I do think it's a pretty sweet deal.

ok cool
well time is money for sure
but nobody pay us for time so I just asked roughly for roi idea on the domain deals... but say i take wild guess.. say 1k names a month.. roi... 3k... which like i said in many countries put u ... god level.

ok good so maybe i missed it b4 . I read write a lot so it must be fast.. but I had i impression u look for auction deals.. but all u gotta do is regfee.. expired etc..

if u know ways to find buyers for cheap then good. many here would love to sell names at 3k roi a month. almost nobody here does.

I'll check your site but I'm pretty amazed u get total strangers to pay btc first b4 name... most wont do it ... but.. small money maybe they dont care

 

[dnbknowledge]

Keep in mind most of my volume comes from repeat buyers, so trust isn't an issue. Plus, even new buyers know how much I sell, so the probability of me running with $14-$20 is basically zero. Don't remember the last time someone wanted me to send first, which I don't mind doing as long as the buyer has at least a tiny bit of tiny street cred.

The main advantage of these low prices is that the stakes aren't high and neither party will lose any sleep over the deal. The main disadvantage would be poverty, lol.

 

[alcy]

Keep in mind most of my volume comes from repeat buyers, so trust isn't an issue. Plus, even new buyers know how much I sell, so the probability of me running with $14-$20 is basically zero. Don't remember the last time someone wanted me to send first, which I don't mind doing as long as the buyer has at least a tiny bit of tiny street cred.

The main advantage of these low prices is that the stakes aren't high and neither party will lose any sleep over the deal. The main disadvantage would be poverty, lol.

well at my 2 to 3k roi estimate for u and country where maybe avg salary is like 1k us a month... poverty probably wont be your problem hahah

 

[dnbknowledge]

Poverty by Western standards, heh.

I am an economist after all, so my personal finance game has been quite decent over the years. Bought cheap income-producing real estate, so I make about the average local monthly wage from that, after property-related expenses and taxes.

So yeah, not glamorous by any means, but could be a lot worse.

I mainly keep working hard because that's what I'm used to doing, people from the domain world who see me hustling think I'm flirting with bankruptcy lol. Plenty of ways to skin a cat online, success is relative and doesn't have to involve fancy cars or vacations (I hate traveling, for example).

Working hard, having a beautiful family and staying healthy are all underrated IMO.