Chris.net is going to fail at NamesCon - ROTD Live Auction

[uglydork]

So I bought Chris.net and RBT.net at a price I was comfortable with. I sold RBT and made back some of my investment and I was going to sit on Chris unless I got my price. Well, long story short I ended up listing it in the Namescon Auction without really completely understanding it.

• I am freely admitting I didn't understand how it worked
• Nobody forced me to list the domain. In fact, I felt honored to be in

I was under the impression that it would be a handful of select names and all would be live auctioned. Nope! I am stuck with hundreds of other great names buried in the stack. Only the top names getting live auctioned. I am stuck at $1,655 with 7 days left. I am going to lose my ass on this name and its my own fault.

• I have tried contacting every Chris known to man through email and twitter
• I have Facebook advertised
• I have twitter advertised

I am out of options - I feel like an idiot. What the hell do I do now, I wish I could just pull it out and sit on it like I had planned. Ugh.

 

[nomen]

I don't think that pulling it out from the auction is the right course of action if it already has bids.

 

[wwwweb]

I just checked this auction list, wow there is a lot of inventory, and amazing names.

Here are the .com first names

Sandra.com
Patty.com
Megan.com
Marcia.com
Charlize.com

Chris is much more of a popular name, probably more than all those combined. It just comes down to the extension, and how much someone wants it.


Based on the inventory, and other names, I would pull it out if you won't be happy with $5k or less if you can do so.

Just not enough money to go around.

 

[wwwweb]

I don't think that pulling it out from the auction is the right course of action if it already has bids.

I totally agree with you, but this guy has to think of his family, his kids college etc, I think he got blindsided by it a bit being new to the sales side of the industry.

Tough call for sure. Really unfortunate for sure.

 

[nomen]

I totally agree with you, but this guy has to think of his family, his kids college etc, I think he got blindsided by it a bit being new to the sales side of the industry.

Tough call for sure.

That is true, i.e. family etc. Tough call.

Maybe recontact all the prospects and let them know that the name is in auction (people kinda like auctions) and it is going to sell. Wouldn't hurt.

 

[uglydork]

That is true, i.e. family etc. Tough call.

Maybe recontact all the prospects and let them know that the name is in auction (people kinda like auctions) and it is going to sell. Wouldn't hurt.

Did that - I have been advertising for weeks - nothing

 

[nomen]

Sucky situation.

You're probably already fed up with emailing people and all but was wondering what was your target group of Chris's. If (and only if) it was the rich and the famous, that might not be the right target group. In my opinion, the people who would benefit the most of this kind of very personal brand are the independent highly paid consultants, specialists, experts, photographers, designers and so on. Just a thought.

 

[wwwweb]

Sucky situation.

You're probably already fed up with emailing people and all but was wondering what was your target group of Chris's. If (and only if) it was the rich and the famous, that might not be the right target group. In my opinion, the people who would benefit the most of this kind of very personal brand are the independent highly paid consultants, specialists, experts, photographers, designers and so on. Just a thought.

I agree web designers, and coders like the .net's, and use their name with their services alot of the time.

Then again this is a higher priced ask, not everyone has 5 figures on the sideslines to spend, maybe open up the talks of a payment plan.

 

[TheWatcher]

No - rich guy on Shark Tank - twitter investor

He simply does not want .net, his an investors he prefer the .com not the optional names. They are entrepreneur and marketer at the same time. They know second best will only keep them second.

Good luck with your sale.

 

[wwwweb]

No interest - in fact, I received an email from someone yesterday that sais "thanks but no thanks. Chris Sacco answered - not interested. Most people didn't even answer

Christopher Sacca is an American venture investor, company advisor and entrepreneur as well as a former lawyer. Wikipedia
Born: May 12, 1975 (age 41), Lockport, New York, United States
Net worth: 1.21 billion USD (2017) Forbes

 

[uglydork]

Christopher Sacca is an American venture investor, company advisor and entrepreneur as well as a former lawyer. Wikipedia
Born: May 12, 1975 (age 41), Lockport, New York, United States
Net worth: 1.21 billion USD (2017) Forbes

He grew up 30 minutes from me. He is cool - we emailed a few times but no interest in the name. Really nice guy

 

[Kate]

One thing you could do is use a tool like ZFbot, compile a list of registered domains that begin with 'chris', in .net, even in .com and identify the end users that would benefit from a shorter domain.

 

[Wannabean]

I am out of options - I feel like an idiot. What the hell do I do now, I wish I could just pull it out and sit on it like I had planned. Ugh.

Don't fret about it. In no reserve auctions at namejet most of the action is in the last few hours before the auction closes. I'm sure you'll end up with a decent price.

 

[amaz_bab]

I gave a share to my 700+ Twitter follower. Why not help out

 

[Abdillahi Abdillahi]

Let me guess, they bullied you into No Reserve.

I think bullied is a little strong here as you it is the owner of the domain who makes the decision. I refused to list Emblems.net for no reserve when they asked me to.

 

[Internet.Domains]

I think bullied is a little strong here as you it is the owner of the domain who makes the decision. I refused to list Emblems.net for no reserve when they asked me to.

Call it what you want, but keep in mind that many domains of lesser quality were added with a reserve.....I call using influence in a nefarious manner, "BULLYING", at minimum.....So for that reason this is "BULLYING".

 

[RJ]

The fact that you have 10 bidders a week before the auction ends is a good sign. Activity usually picks up on the last day. What price are you looking for?

 

[Pierre Barnard]

Call it what you want, but keep in mind that many domains of lesser quality were added with a reserve.....I call using influence in a nefarious manner, "BULLYING", at minimum.....So for that reason this is "BULLYING".

Well said.

 

[uglydork]

I gave a share to my 700+ Twitter follower. Why not help out

Thank you!

 

[uglydork]

The fact that you have 10 bidders a week before the auction ends is a good sign. Activity usually picks up on the last day. What price are you looking for?

Those are not all fresh bidders - I really only have 1 real bidder. namejet picks up anyone who bid within years previously.

 

[uglydork]

I was literally told it wouldn't be listed with a reserve. I wouldn't say bullied but I felt pressure. I am really considering pulling it out and if they kick my name around for a while so be it. If I have a great name at a great price they will forget who I am. Money talks. I will never be able to list at Namejet again.