domain Debt Managed.com Min Bid/Asking price should be?

[markmiddleton]

DebtManaged.com

I ran this on a certain auction site but nobody met the min bid, which I probably set too high, being my first real auction and all. I did receive two email offers of higher xxx and lower x,xxx, dollars that is. Also I noted around 35 unique people taking the time to actually look at the domain, then move through to the listing on the site it was described on, over a four day period. Not the auction listing, I can’t tell how many people actually viewed it there, but the purchasing sites it was linked too increased by 40 unique views in the last four days of its auction. Anyway you live and learn and I know some people were interested in this one.

I might consider such a bid again this time around and I’d like your opinion on the domain please, in regards to development and any min bidding price you’d personally set. Which will be useful if I decide to relist it at some stage, also if its one of those you’d develop or not? Several people have told me the click through traffic should be pretty good on adverts and such, if I can get the traffic there.

I am reasonably sure its one of my keepers, I don’t ‘need’ a quick sell but I could probably use the money to increase the PPC side of my portfolio etc.

Advice, help, suggestions?

 

[Spade]

Ok. You want it, you got it. First of all, this domain name is 13 days old. Now, not that its impossible to recieve an immediate offer in the xxx or even x,xxx range - I just dont think that is happening.

If you recieved an offer, did you check to see if it was from an appraisal scammer?

Ok, now that weve mentioned that, lets look at the domain name. Keywords "Debt" and "Managed" - I think they fit well together. "Debt" being your big keyword, lets take a look at some recent "Debt" domain sales on NameBio.com. Here are some dot com domains that have sold this year with the keyword "Debt":

COMBATDEBT.com $78
FreezeDebt.com $88
THENATIONALDEBT.COM $1,200

Now, looking at these domains compared to yours, Im going to categorize yours with the CombatDebt and FreezeDebt. I personally like your domain name, with Manage. But, I would classify it below these examples.

The proper term is "ManageDebt" or you could even flip it for "DebtManage" but adding the "ed" onto it, really hurts value and makes it a little akward to say.

I think you may find a potential resale value in the low xx range - but if you had a legimate offer of x,xxx or even xxx - jump on it!

 

[markmiddleton]

Thank you for the quick reply, I do appreciate honest opinions to better gauge my own.

Firstly I have 80 names, all under two weeks old, thats where the age comes from. When I initially submitted this to another site for a new program they were pioneering (not sure if I can list auction sites directly here) They came back and rejected my first listing and said they would only take an asking price of around 700 dollars I believe, something like that, I submitted several at once and at the time I had a much higher inflated value in mind and dismissed all of them foolishly It wasn't x,xxx or low xxx anyway.

Now although they have changed their policy since and don't actually list a specific value, it was eye opening as to what the maximum price should be in their eyes. (You can find my post on that subject if you know what site I am talking about and require some clarification.) I believe their sales reps aim in between the floor and asking price at the site I am talking about.

As to your examples. Combat debt is pretty good, although I think they let that go cheap imho. But it doesn’t quite have the manage or indeed managed, management, done, concluded feel to it. . Freeze debt doesn’t make much sense though, its catchy but do you want catchy in such a serious financial business name? That’s open to interpretation and not really answerable as a general rule but I would lean to no. TheNationalDebt? I don’t see the value in that really. Can you explain that one to a foreigner ? From a UK perspective it doesn’t really seem to have much business application over the others, a news site perhaps? I think thats one of the deciding factors here, DebtManaged may well be a name that appeals to the UK market more than the US market and often where I find my disagreement with others on the specifics of a name stems from.

I have no more idea than you if the offers were genuine, they said it was in regards to the listing and ongoing auction but as you can probably guess from my post, at the time I was extremely new at this and dismissed the offers politely. Its been five years since i've bought a domain name for resale, so all this discussion is very helpful and I appreciate it.

Although some names I will settle quite low on; at the moment there is no way though I will let this particular one go below Mid xxx, even if I hold it for a few years, at the moment I’d be kicking myself to even let it go that low to be honest. Just because of the positive responses I’ve had so far but I thank you for your thoughts.

As a matter of fact, I do have ManagedDebts.com too… should I be developing that one instead?

 

[bensd]

high $xx - low $xxx as it is

IMO it would be much better developed - then you could be looking at four figures

 

[markmiddleton]

high $xx - low $xxx as it is

IMO it would be much better developed - then you could be looking at four figures

Thanks for your opinion, I will make it a priority to put a website up to demonstrate to US buyers that there is potential there.

I have been chatting to someone's who's opinion I respect also and he has said it might be more of a UK orientated name as well, thus I think a website might demonstrate the worth of the phrase to a US buyer with real results
(click through on the traffic more than anything)

Anyone else thinking that too or does anyone disagree/agree with any points?

-EDIT
It might be worth pointing out that the auction site where I received the interest was a .co.uk too, so it falls into place, its interesting to spot the difference between US and UK orientated names at times, if indeed this is one of those differences.

 

[iamneo]

I think the debt keyword is expensive, so the domain does have some good value.

Your name debtmanaged.com is a bit ambiguous (I like managedebt.com or debtmanagement.com better), so should be worth low to mid $xxx. Lot more if it is developed. Still it is a debt related keyword, so must have good value.

I agree with you that combatdebt.com is a great name and could be worth a lot. CombatDebt.com should be worth at least mid to high $xxxx as it is a very good name and makes perfect sense.

Someone really dropped the ball selling it for less. It would have easily fetched over 1k-3k if someone auctioned it well over a prominent site with good time/marketing. Who buys anything at afternic anyways? It seems a dead place to me compared to sedo or godaddy.

 

[Len]

You are right, Debtmanaged.com is more suitable to the UK market rather than North America. I can speak from both points of view being an expat from across the pond!

Having said that I think you should expect at least low-mid $x,xxx for both Debtmanaged.com and Manageddebt.com aimed at the appropriate endusers and countries.

Good luck, :gn:


Len.

 

[markmiddleton]

Thank you for the feedback, sorry i've not tracked the thread, its good to see others agreed with me in the analysis phase.

It has a very, very basic website up but the idea was to keep it simple and easy to follow. I've had an affiliate sale from the website which has only been up two weeks, so i'm glad I decided to do it. Most people with experience in affiliate sites have told me that with traffic and good sales type this domain will convert well, so it will be interesting to hold on to and flesh out.