Estibot - Great example of why it fails.

[tpruby]

According to Estibot...

motherhood.com = $110,000
motherhood.ca = $720
motherhood.in = $350
motherhood.co.in = reg fee

Here is the issue.

Canada's population is about 32 million.

India's population over 1 billion +.

If only 4% of India's population surfs the net, they have already crushed 100% of Canada's capacity for it's population to surf the net. However, there are only about 22 million canadians between the ages of 10 and 65.

So, only 2.2% of Indians need to surf the internet to reach Canada's realistic capacity.

Why does Estibot overvalue Canadian web sites, what with their being such a tiny population on the net. Yes, I am aware that statistically Canadians embrace technology faster than just about any other population in the world and more Candadians per Capita have broadband than anyone else on the planet....but these numbers are so tiny.

Then Estibot undervalues, or completely and absolutely ignores one of the largest National population centers in the world?

Is there a reason, if anyone has ever thought about this and has come with the answer...I'd love to hear it.

If know one has the answer, then long live .ca tld!

 

[Devil_Dog]

Is 'motherhood' a term often used in India?

 

[Porte]

Estibot is a bot afterall. and You as a domain owner should understand that you don't fully rely on domain appraisals (whether human made, or bot made) but on buyer demand. And speaking about automatic bots, estibot comes first in quality. That is my input, and I think this refers to domain name discussion foum.

 

[Dotmainer]

Is 'motherhood' a term often used in India?

same question here

 

[del.icio.us]

same question here

In India, the term "Motherhood" is not popular.

http://www.google.com/trends?q=motherhood&ctab=0&geo=IN&date=all&sort=0

 

[tpruby]

Is 'motherhood' a term often used in India?

In a nutshell....YES. Just google these 3 very quick examples:

mother goddess kali "motherhood"

hindu "motherhood"

india "motherhood"

 

[-REECE-]

Appraising cctld prices based on the size of a country is as flawed as evaluating a stock solely based on P/E.

I live in Canada.. There's as many big businesses that use .ca as there are that use .com. As for awareness and acceptance, .ca is 100% here.

FWIW, I don't see motherhood.ca bringing in it's appraised price, nor motherhood.in .

edit: nor the .com :imho:

 

[Bannen]

The metrics that have to be factored in to an auto appraisal service are complicated and vast. It's difficult enough just constructing them for the most well-known tld's, with huge stats and resources at hand, let alone working with the metrics to try appraise all other cctld's both well-known and little-known.

Other larger countries may have a much smaller per-capita computer use and literacy, while some smaller countries may have much larger per-capita users.

Some non-english countries have a large use of English on the internet, so english words of various tld's may have more value and traffic there, while other countries may have extremely limited us of English so english words in those cctld's might have little value to them.

And then there's the keyword itself... some keywords, like poker and sex, of course, will have a large value regardless of tld, simply because someone, somewhere, will want exactly that keyword, pure, even if it does come with an obscure extension, and even if the people of that country or language have no use whatever for the english keyword. Then again, other keywords, no matter how well-used they are in English, are just not interesting, business-wise, in very obscure extensions.

The guys doing the auto appraisals are doing wonderful jobs, practically genius work, but it's in a field that is both new, and always changing. New value trends are cycling constantly, kinds of words that had low value last year are exploding this year, kinds that had overinflated value last year are decreasing this year;

In short, the auto estimate services are doing a great job, but within a field that is so quickly-changing and so dependent on different factors (reseller prices, end users, brandability, traffic, etc etc) there is just no way to be anything close to accurate. What they are good for... is as consultants. They give us some ideas, and some packaged info that would take us more time-consuming scrounging through other sites to compile for each name.

I enjoy using estibot and leapfish, but as a general-consulting resource, not as a black-and-white positive value they give any names I appraise there.

 

[sashas]

I really do not understand people coming here and bashing estibot.

Nobody really asks you to get an appraisal from EstiBot. You do it out of your own initiative. Its a choice, not a necessity. So when you do something you choose to do yourself, you have no cause to show dissent.

If you don't like Estibot, don't use it. Plain and simple.

And regarding this name, keep in mind that Josh has NOT fine tuned estibot for ccTLD appraisals. Bear that in mind while getting an appraisal.

Regards.

 

[kemjika11]

and more Candadians per Capita have broadband than anyone else on the planet....

Actually i don't think thats true. I'm sure South Korea beats Canada.

And the population argument affects it, but its probably not as relevant as you think. When it comes to countries and population, its really about the quality of living. per capita income of india is mediocre, and that of canada is world class, so that can make all the difference in business and the internet.

 

[tpruby]

I really do not understand people coming here and bashing estibot.

Nobody really asks you to get an appraisal from EstiBot. You do it out of your own initiative. Its a choice, not a necessity. So when you do something you choose to do yourself, you have no cause to show dissent.

If you don't like Estibot, don't use it. Plain and simple.

And regarding this name, keep in mind that Josh has NOT fine tuned estibot for ccTLD appraisals. Bear that in mind while getting an appraisal.

Regards.

If everyone took your lead, nothing would ever improve, as no one would ever complain....sometimes great innovation can come from a developer being made aware of flaws, complaints or general beef's.

 

[Devil_Dog]

If everyone took your lead, nothing would ever improve, as no one would ever complain....sometimes great innovation can come from a developer being made aware of flaws, complaints or general beef's.

So why'd you put it in the appraisal section?

 

[Achaias]

Just use leapfish, its way more reliable.

/sarcasm

motherhood.com - $1,003,832.00
motherhood.ca - $1,898.00
motherhood.in - $23.00
motherhood.co.in - $21.00

others
ieatsocks.com - $427.00
ePotato.com - $155.00
estibot.com - $69.00
leapfish.com - $49,350.00

The last two should say a lot.

 

[shockie]

there are many many more factors that need to be considered in addition to sheer population. off the top of my head, you should also factor in how much money each canadian spends online as compared to each indian.

simply adding a population factor to estibot isn't going to make it that much more accurate, although estibot does have its flaws. it is an estimation by a bot, afterall.

 

[mrizos]

Dude, easy on the bot man. I've been using estibot for about 3 months (since it was in beta). I think the metrics and overall appraisals have come a long way to being closer to accurate. I'm lovin the bot...if they had a t-shrt i'd get one.

 

[Brujah]

Interesting feedback, but estibot also reflects the market. If the .in names start selling for .ca or better amounts then Estibot will likely be updated to reflect that.

 

[Spade]

Firstly, this doesnt belong in the appraisal section, it belongs in discussion, because you dont own the domains in question and havnt even asked for an appraisal on them.

Secondly, domain value is based on what someone is willing to pay (market price!). So the issue becomes one of would YOU pay more for Motherhood.ca or Motherhood.in?

The issue here is the .ca has more high dollar published sales than .in - bottom line. Its like asking why the same house sells for more in California, then it does in New Mexico.. People are willing to pay more, (right now, anyway) to live in California than they are New Mexico...

Justin

 

[Name Trader]

practically genius work

Agree with you. I'd call it Voodoo Metrics

(VoodooMetrics.com is available. Estibot - RegFee, LeapFish $20).

 

[sashas]

If everyone took your lead, nothing would ever improve, as no one would ever complain....sometimes great innovation can come from a developer being made aware of flaws, complaints or general beef's.

there's something called feedback and there's something called unnecessary complaints.

 

[800ml]

tpruby, i think you made interesting observations about the size of indian vs canadian markets and how that translates to the worth of their corresponding TLD's , and how estibot incorporates those differences.

Perhaps if your title was reworded and didn't include the word "Fails", then perhaps the feedback to your question from the estibot fans would be more constructive