Explain this please - GoDaddy Auction is weird

[kozey11]

So i took a look at the names on sale at godaddy auctions just to get an idea of the type of names in demand, and this is some of what i see :
marryourdaughter.com - 25BIDS - £6776.00
born2model.com - 17bids
bylj.com -16bids
loveyourvalentine.com- 28bids
wbloggar.com -81bids
0-9.com- 12bids
casinoaa.com -12 bids
Appleibook.net- 9bids
buycheapjewelery.com- 9bids
ps2.co - 8bids

This is just a few of the top bid names on their auction. The problem is that some of these names don't fit the "Premium Domain" criteria that every good domainer should know - Yet they get high bids.

For example, loveyourvalentine and marryyourdaughter are too Long according to common domain law right ??

Buycheapjewelery - Thats not even how to spell Jewellery

Casinoaa - urm the person added two a's behind casino and it gets 12 bids ?? Should i add 2 a's behind Insurance and sell insuranceaa.com ??

Appleibook, ps2.co - Both Trademark names why on earth are 17 people bidding for them ??

0-9.com - Urm Hyphen ? hello, isn't hyphen less preferred in domain names ? Except the names really mean something or have a market

Born2model - Number between two words, not good at all. People likely to search for "born to model" so why is this getting crazy bid?

Wbloggar - Thats not even how to spell Blogger, BYLG - Okay that could mean an acronym for Big yellow lover guru or something similar

My point is that most of these names aren't even premium or ideal, so why are they getting high bids ?/ Is Godaddy bidding on the names themselves to entice others or something??

I put a one worded domain name that has relations to an industry and it doesnt get any bids, someone puts a trademark name and it gets over 10bids ?? Do you know why this is happening ?

 

[Ivannnn]

Marry your daughter XD. Hahahahah.

Dunno, could be that they have traffic and are good for parking.

 

[equity78]

You have to take Go Daddy auctions individually and look at all the factors. Some names sell on Go Daddy that seem to make no sense but they may be a PR 5 to Pr 7 the domain may be ugly but some still bid up names for PR.

Is is a private auction or a public auction ? Some public auctions are manipulated, Go Daddy knows that some of the traffic names are being manipulated with Bot Traffic. Paul Nicks told me personally that he knows some do that.

Some expired names get bid up because of traffic and sometimes Go Daddy gives them a healthy valuation, older domainers pay little attention to the Go Daddy valuation while the new domainers may not have as much experience and see a name at $100 that Go Daddy values at $2,480 and bid it higher.

Some names may have a decent backlink profile and that is why they are getting bid up higher than you would think.

So each name you have to look at individually. Don't forget some names just get two people who really want it and bid one another higher.

 

[kozey11]

You have to take Go Daddy auctions individually and look at all the factors. Some names sell on Go Daddy that seem to make no sense but they may be a PR 5 to Pr 7 the domain may be ugly but some still bid up names for PR.

Is is a private auction or a public auction ? Some public auctions are manipulated, Go Daddy knows that some of the traffic names are being manipulated with Bot Traffic. Paul Nicks told me personally that he knows some do that.

Some expired names get bid up because of traffic and sometimes Go Daddy gives them a healthy valuation, older domainers pay little attention to the Go Daddy valuation while the new domainers may not have as much experience and see a name at $100 that Go Daddy values at $2,480 and bid it higher.

Some names may have a decent backlink profile and that is why they are getting bid up higher than you would think.

So each name you have to look at individually. Don't forget some names just get two people who really want it and bid one another higher.

Hmm i see what you mean about the PR names, but a name like ps2.co should not be getting bid no matter what PR it has, it is a trademark name remember

 

[Havela]

BYLG - Okay that could mean an acronym for Big yellow lover guru or something

ROFL :gn:

 

[equity78]

Kozey not all domainers respect TM law, there are plenty of tms bought, sold and bidded on everyday. I agree and see no value in ps2.co but its a big world.

 

[GiftedDomains]

my guess is that all those bids are low xx bids.
number of bids doesn't say anything.
like marryyourdaughter : offer $10 or more (buy it now 10.000), offer/counteroffer

 

[DU]

Kozey not all domainers respect TM law, there are plenty of tms bought, sold and bidded on everyday. I agree and see no value in ps2.co but its a big world.

For people that are older.. PS2 actually would refer to the PS/2 Mouse connector.

TM law is not as simple as anyone here really cares to admit. The problem is that violation comes in the form of "usage" and a seller can't judge future usage; however, the act of selling is a "usage".

Ultimately, this is why domainers and registrars are different. A registrar can't determine usage and is not "marking up the name" whereas a domainer is by "reselling" marking up the name unless they sell at what is "cost" which is not really an investor goal (but better than 99% of domains end up doing)

---------- Post added at 03:50 PM ---------- Previous post was at 03:47 PM ----------

Do you know why this is happening ?

Number #1 Rule of domaining:

Domainers lie. All the time.

People argue with me whenever I say this but it's true. Some lie a little, some lie huge.

If anyone claims to not lie?

I already told you. They're lying.

Don't believe anything at face value in domaining. Ever.

(Caveat: unless you have formed a personal relationship but almost everything they tell you will come with a "don't tell anyone else" request)

 

[4pm]

Domainers lie. All the time.

sounds like a good example of Liar paradox actually


[ame="http://en.wikipedia.org/wiki/Liar_paradox"]Liar paradox - Wikipedia, the free encyclopedia[/ame]


*

 

[Kate]

As Equity78 suggested, some bad domains may have value because they used to be developed and have some residual traffic/PR. Then the value isn't obvious. You have to do research.

In some cases it could be shill bidding. Then there are lemmings who will place a bid just because somebody else did before.
Proof: http://www.namepros.com/warnings-and-alerts/751224-lnvestor-com-at-namejet.html

Please understand that many people dabble in domains but have no clue, they don't really know what they are doing and why. So they buy poor domains, next they look for another bigger sucker.
Domaining is often fueled by the greater fool theory.

I think you are right to be critical and skeptical, many newcomers take everything at face value.
In this industry it is important to sort the BS from the facts, and the ability to read between the lines is useful too.
The bottom line is: don't follow the sheep

Number #1 Rule of domaining:

Domainers lie. All the time.

I know domainers are lazy but I sometimes have to get off my bed to have a shower ... so I can't possibly be lying all the time

 

[DU]

I know domainers are lazy but I sometimes have to get off my bed to have a shower ... so I can't possibly be lying all the time

I thought that it would not be lying all the time but be laying all the time.. .but that's not true of domainers at all :lala: