DOES SEDO SUCK OR IS IT MY IMAGINATION?

[artstar]

After 9 yeras and hundreds of domains posted on sedo for sale Ive sold 3 for a total less than $4000

Is it just me and my domain choices whch d gladly post alot of them on here to show u allwhat they were(all lapsed btw) or is it that sedo caters to premium paid sellers more than freebies?

I see that sedo sells at least $1 million per week in domains so the numbers really are a mystery as to why ive sold just 3 domains in this time period.

Id like to hear yyour thouhts on sedo and your experiences good or bad .

Ive tried of course afternic etc etc and same results basically

Domaining was a cool thing in the past and now it seems its simply a waste of time other than coming to this great NP site and seeing what the inudstry is up to

 

[Domainzy]

If you could give an example of your top 10 names, then you would get some honest feedback.

The domains in your signature: HigHemp, FresHemp, HasHemp, HemPorn, HemPlay are not likely to sell. I get the concept, but that strategy is a shot in the dark, and also hard to brand(and type).

Every market is different, SEDO is great for Keyword rich domains, Liquid Domains(LLL, NNNN), and Brandables do OK.

 

[NPer]

Sedo used to be the place to list your domains at.

When they were doing well, their support was terrible-it probably still is. They were getting complacent and very slow to adapt to changes that were already being implemented elsewhere, and not really listeneing to sellers.

I mean, once they sent me a direct message asking me to sell a domain (not make offer, etc), and when I went to into support chat to find out what more about the inquiry, the person looking into it told me something to the effect that they aren't looking to sell such a domain. LOL Why the hell send me an email regarding that domain? Within days I stopped using their nameservers. That kind of support is terrible.

There were other issues too... for example, if you asked them to correct some mess-up on their end which popped up in your account, they would give you incorrect feedback weeks later-completely misinterpreting the issue.

I have had some nice sales over there, but I doubt I would consider using them again unless serious changes are made over there.

 

[Kate]

You say you tried the other marketplaces too, so Sedo is not worse than the others.

I think people expect too much. Sedo is just a facilitator. Somebody has to be wanting your domain name. If nobody is looking for domains similar to yours, then no sale will take place.
So maybe Sedo suck, but it's always the domains that suck most

People look at the reported sales with excitement, but we get to see maybe 200 reported sales/week. It's not a lot. People overestimate the demand for aftermarket domain names.
Considering that most sales are unreported the actual number of domain sales could be ten times higher and we are just seeing the tip of the iceberg. Statistically the odds are still stacked against you. The only way to make sales is to have above-average names.

That's the way it is, and you are not alone. Everybody wants to sell...

 

[Apple888]

I have used Sedo since 06' and they seem to be vetting their profits - meaning somehow the algorithm is set to give the member/user less revenue than past parking revenue> I used to net around little over 87USD per month with only 300 + domains, and I thought that was poor, however I only have around 100 + know parked and I don't even earn a fraction of that..yes Sedo parking has gone down hill...

 

[forge]

Domaining was a cool thing in the past and now it seems its simply a waste of time other than coming to this great NP site and seeing what the inudstry is up to

That statement is true, except replace the word "Domaining" with the word "Sedo".

A long, long time ago Sedo was my go-to website for domaining. Over the past 2+ years, I've basically forgotten that they exist. Sedo is absolutely irrelevant to me. I honestly don't think I'm alone on this.

Moving on to other venues should put your faith back into domaining, IMHO.

Best of luck!

 

[Fancy.domains]

Hello,

SEDO is together with AfterNic the two marketplaces I have most success with since I took up domaining "seriously" 1,5 years ago. But I prefer Flippa when it comes to auctions.

For me these three + GoDaddy, Namepros and DNS complement each other.

 

[ulterios]

Domaining was a cool thing in the past and now it seems its simply a waste of time other than coming to this great NP site and seeing what the inudstry is up to

Domaining can still be "Cool", but the ways and things that made it cool in the past are different from what is required today to make domaining cool.

Things and times have changed. Domaining used to be much easier, now people have to work at making it cool, as you say. If you put the required time and effort in then it can be "Cool". again! :D

coming to this great NP site and seeing what the inudstry is up to

Spending time on here can help the cool factor, since you can learn a lot here on NP.

 

[RJ]

Sedo is the market leader, but they have been slow to evolve. Their produce has remained pretty much the same for over a decade. I feel like Flippa has the best grasp on the needs of domain sellers and will soon become the market leader in the space, if someone else doesn't come along and do it first.

 

[cocaseco]

Their search function have to be the worst in the market. I realize they need to cater to the paid listing more than the free ones, but the results i get on a search are so far out there, they are often unusable.

 

[Kate]

Their search function have to be the worst in the market.

Afternic is even worse

 

[RU]

Flippa is the best marketplace. Afternic, Sedo sucks... IMO

 

[S-B]

Sedo is the market leader, but they have been slow to evolve. Their produce has remained pretty much the same for over a decade. I feel like Flippa has the best grasp on the needs of domain sellers and will soon become the market leader in the space, if someone else doesn't come along and do it first.

Flippa is the best marketplace. Afternic, Sedo sucks... IMO

I completely disagree with you both. I think Flippa WAS the best marketplace. Now they are simply an overpriced platform that delivers substandard results.

 

[paul79]

what do people think of godaddy auctions - they seem to do a good amount of sales?

 

[biggie]

i think expectations are too high

domainers expect the "platform" to sell the name for you, but domains sell and speak for themselves.

you the owner, can facilitate that with marketing efforts of your own to bring potentials in or reach out to them.

still, i look at a marketplaces' performance "over the years", rather than what happened this year or last year.

if i did $200K in sales there over a 10yr period and earned $100K in ppc, that's $30K a year average.

and it's all basically "passive" sales and ppc revenue.


so, for the OP, your $4K over 9yrs, averages to $300 a year, plus whatever ppc produced.

from there, you examine what you invested to obtain that return > 3 domain names sold, plus remaining inventory costs to date.

still, you'll always have to rotate your inventory in anticipation of what buyers want and realize at some point, that certain names won't sell or produce revenue.

imo

 

[Fancy.domains]

i think expectations are too high

domainers expect the "platform" to sell the name for you, but domains sell and speak for themselves.

Exactly. Many of us tend to overvalue our own names. Most bad domains in SEDO are crazy overpriced and will never sell. The sellers expects a 4-5 figure sale, but do forget about the basic "supply and demand, based on data" rule.

 

[paul79]

I think there is naturally a tendancy to do that as we like the names ourselves (or wouldn't have brought them) and so can find it hard to understand why people don't agree or value it lower. i guess thats why you have to try to approach it like a business - not buying what you like as such but what people actually want to buy off you in the current market

 

[S-B]

Exactly. Many of us tend to overvalue our own names. Most bad domains in SEDO are crazy overpriced and will never sell. The sellers expects a 4-5 figure sale, but do forget about the basic "supply and demand, based on data" rule.

I think there is naturally a tendancy to do that as we like the names ourselves (or wouldn't have brought them) and so can find it hard to understand why people don't agree or value it lower. i guess thats why you have to try to approach it like a business - not buying what you like as such but what people actually want to buy off you in the current market

You must be a "playa" and never get attached.

 

[HeyNow]

I see that sedo sells at least $1 million per week in domains ...

Are you sure you really "see" $1 million per week? Or are you merely believing what you were told by someone else, or perhaps you are reading "reported sales" with those reports proffered by someone else.

In other words, I believe there is a lot of hype and exaggeration in the domain auction business. I can't remember any auctioneer or auction platform admitting to us that they had shitty sales for any particular week. Can you?

The lack of transparency in the domain auction business is business as usual. When you say that you actually saw that Sedo sells $1 million per week, it says to us that you have access to proof. Do you? Or are you stating as fact mere hearsay.

 

[paul79]

i think that is great advice - if you can control your emotions in business such as this you give yourself an advantage. is hard though!