GoDaddy Premium Listings or Godaddy Auctions? Your Results?

[Omar Negron]

Hey all.

Wanted to know your thoughts on Godaddy Premium listings vs the other forms of marketing a name on Godaddy. Primarily Godaddy Auctions (Min Offer, Offer/Counter offer).

Which would you believe holds more benefit for an end user? I know with Premium Listings, once the user types a domain in Godaddy that matches what you have (if you have it listed as premium), then will see it is for sale with a BUY IT NOW price.

With auctions, they will see a MIN offer they can make for the name but would have to but a bid in, wait, potentially get counter offered etc. (they would also have to create a Godaddy Auctions account, $4.99)

I would like to hear from members who make sales via the Godaddy platform on what works best for you. Straight buy it now prices with premium OR auctions where you place MIN offers/counter offers etc.

Thanks!

-Omar

 

[Omar Negron]

Did that make any sense to anyone who is familiar with Godaddy? lol

 

[garptrader]

I would suggest pricing at least 90% of your portfolio. For the Michael Berkens, Rick Schwartz, Frank Schilling portfolios, they can wait for the perfect buyer and extract max price. In the process they lose a lot of interested parties. Most domains sell for under $1000 and if you are relatively new to domaining it is unlikely you have many domains worth five figures.

FYI Godaddy continues to be a solid sales platform while unfortunately sales at SEDO have been stagnant - mostly window shoppers.

 

[Omar Negron]

@garptrader - So a lot of your portfolio is FIXED priced on the Godaddy platform?