Estibot overestimations

[peleg]

You've probably discussed it many times here, but here's a simple question consists of two parts:
a. If WordWord.com is estimated by Estibot to be worth over 50k, and is offered in Sedo for 2k, should one buy?
b. If WordWord.co.uk is estimated by Estibot to be over 10k, and is not registered, should one register?

The answer can be absolutely YES or absolutely NO, but considerations interest me more than a simple answer.

For example, sure, it might be a trademark, so no, don't buy. Well, that's not a consideration here, since it is not a trademark.

Other may argue about the relevance of the WordWord to the given extensions; though, Estibot *should* count that, eh? Moreover, changing co.uk to the more relevant (maybe) albeit less popular reduces its estimation dramatically.

Well, sure, I don't care registering and selling it within 5-10 years for 350$. If Esti says 10k, does it guarantee that with enough effort I'll sell it for 350$ ?

Maybe I should add that WordWord is a combination of two premium keywords, in an order that absolutely makes sense (other way around wouldn't work, and indeed Esti estimates it as 10-50 times less worthy (both around 1k).

To sum: if Esti gives 1k to an unregistered domain, I don't jump and register, and if Esti gives 10k for a domain that is sold for 3k, I also don't jump and buy. But the gaps here are much bigger, so... what do you think?

(I must add, maybe, that other appraisal engines tend to give more to these domains; up to 150k for the first and up to 30k for the second...)

Thanks!

 

[bmugford]

Estibot is an excellent tool, but should me used more for the metrics than the valuations.

I have seen domains that Estibot appraised for thousands with no commercial value, and have sold others for Mid - High $X,XXX that estibot appraised for under $100.

Much of what makes a domain valuable comes down to common sense -

Does the domain have a potential use?
Is that used tied to commerce?
Is there competition for the term?

You are better off learning what makes a domain valuable than relying on an automated tool.

Brad

 

[peleg]

As for your questions

Hello Brad,
thanks for your reply!

As for your questions:

Does the domain have a potential use?
Is that used tied to commerce?
Is there competition for the term?

a. Yes, it has a potential use, of course. I develop websites, and I can think of a *great* website having this name, and that's not because I'm so creative or because I have good imagination.

b. Whether it is tied to commerce is a difficult question. adhoc.com was sold for about 100k, littleangels.com for 50k (both last year). Yes, one can monetize this domain, but it is not a product name as RedWines.com (whose Esti-mation is 22k) or so.
Engines have showed estimated CPC of 1$ (google keyword tool) to 4$ (Estibot).

c. Your third question is the most difficult one for me. Google keyword tool gives RedWines "medium competition" but gives my WordWord "low competition". I am not even sure what's better - having competition or not having one.


Thanks again!

Peleg.

 

[adinfinite]

Yes on both counts. Esitibot is not perfect by any means but its in the ball park.

 

[Kate]

You are better off learning what makes a domain valuable than relying on an automated tool.

Absolutely, until you understand that you will lose money on worthless registrations.
How many domains get sold, that were registered based upon an automated appraisal ?

An appraisal is just that: an appraisal. What is the likelihood that the domain will ever sell, even at a much lower price. It's just theory.

The questions you should be asking yourself:

• is that a name you would develop ?
• does it have an obvious commercial use ?
• does it sound good and brandable, or is an awkward name ?
• if it's so great, why is it still available ? Has it even been registered in the past ?
• is it taken in other extensions ? are there end users

The metrics don't even matter a lot, unless you intend to develop. Then search volume, CPC and stuff like that can be taken into account. But most of the time, domains are not bought because of the metrics, but for what they are...

 

[barefoottech]

Yes on both counts. Esitibot is not perfect by any means but its in the ball park.

You got too be Kidding!
Estibot doesn't even come close for some Names.
ccTLD's are the worst (for a confirmation Try ABC.net.au a name with Alexa Ranking of 911, PR8 and 8798138 backlinks it gives a Value of only $45 ), but even for generics it is often way off the mark. Bing.com , 45 Million backlinks, alexa ranking of 21 and 52 million pageviews a day valued by Guessitalot.com at only 979K.
The most accurate valuation that Estibot has is for ESTIBOT.com >> $1100 USD Sounds about Right.

 

[peleg]

Thanks for your comments!

As for the following questions:

The questions you should be asking yourself:

• is that a name you would develop ?
• does it have an obvious commercial use ?
• does it sound good and brandable, or is an awkward name ?
• if it's so great, why is it still available ? Has it even been registered in the past ?
• is it taken in other extensions ? are there end users

I'm not sure this is the place, then, but I will answer your questions anyway, to -- hopefully -- get a preciser opinion.

I must say, first, that I had asked myself these questions. Here are my answers:

1. I would have developed the name, if only I had time for it. I am currently developing many others, so I can't really split and stretch my time any more. I believe that currently no one is thinking of doing it, but in the near future, I believe someone will think of it.
2. As I already said, its commercial value is not so obvious, but you should not be too creative in order to see how to monetize it. It is more a name of an information website, but a respectable one, and some ads for the related subject (books, for example) are more than possible. Of course, the site can also sell its own products.
3. The name sounds good. It is not "catchy", it sounds more like "National Geography" or "British Airways". Not like "Google", "Yahoo", etc.
4. The really great name is the .com one. It is *not* available, but it is for sale for 2k. There may be many reasons for the low price, such as "the seller needs cash", "the seller does not appreciate what she has" and so on. The .co.uk is (was! I took it) available, but that's not so strange, since it is not something directly related to the uk. I don't think it was registered in the past.
5. It is taken for .com, .net and .org. It is available for .info, but that's a cheap one -- I wouldn't count on WordWord.info.
6. There are potential end users, of course. One can see how many searches the term "Word Word" has in Google (with the quotes) -- more or less like "madrid hotels" or "vegan food".

Well, I guess that more or less answers all of these questions. If you have anything new to say, I'd gladly listen!

Thanks again,
Peleg.

 

[htmlindex]

The most accurate valuation that Estibot has is for ESTIBOT.com >> $1100 USD Sounds about Right.

:lol:

I've always said, all auto-appraisal sites are a joke. Only good for novelty purposed only.