GoDaddy premium names???

[dpari]

Can someone please tell me how godaddy determines premium domain names.

It does not really make any sense to me.

For example: dallassmallbusiness.com is a premium domain at godaddy and
can be regd for $1,500.

What does not make sense is losangelessmallbusiness.com was available for
$8.95, hmmm no brainer right?

Google search for dallas small business reveals approximately 11,500,000
references.

Do another google search for los angeles small business reveals approximately
35,800,000 references.

Just curious what others think about this, am I way off in my understanding here or not?

Thanking you in advance.

-dpari

 

[Spade]

Dpari,

Your falling for the trick... These arent available domains. They are registered to a different company. GoDaddy has been integrating other domains into its system, which is quite brilliant of them.

Consider this... BuyDomains owns almost 1 million domain names. If you go to GoDaddy (the largest registrar in the world) and Type in one of their domain names, instead of telling you its unavailable, GoDaddy now tells you that you can have it for X,XXX....

GoDaddy is basically becomming a reseller of Domains.... and honestly? There gonna do very very well..

Justin

 

[dpari]

Falling for the trick?

Hi Domainspade, thank you for your opinion.

When I look up whois on dallassmallbusiness.com it is owned by
fabulous.com. If godaddy is acting as a reseller for this domain
and they are offering it for $1,500, I am assuming that they have
appraised this domain name and deemed it worthy to be offered for
sale for this amount, right?

Well, if this is the case, the purchase of losangelessmallbusiness.com
for $8.95 would be a steal, no?

Thank you for your time and clarification regarding this issue.

-dpari

 

[SpareDomains]

fabulous has already implemented the DDN system where you can set pricing on any domains in your account at fabulous.com that are over 60 days old and if approved by fabulous they will show up in that godaddy premium box and if bought domain transfers happen instantly, the amount you show up on partner sites will depend on how much commission you are willing to spend, I believe 20% is recommended for maximum exposure, look for other registrars to roll this out in the upcoming months as well, for maximum exposure you should list at sedo, afternic, moniker, use expanded promotion at afternic to get on buydomains.com, use the ddn at fabulous to get on godaddy, this is exactly what I currently do and generate quite a few offers weekly, tdnam and a few others out there just haven't gotten around to them yet as 5 outlets and my own site and leads is good for now, if the DDN turns out to work nice and godaddy & enom don't implement it then I will probably slide a couple hundred domains over to fabulous in order to use it, still new but have heard the testing from fabulous wen't well and with godaddy as 1 of the partners that's a lot of eyeballs on your domains.

 

[dpari]

SpareDomains

Thank you for your answer and education on this matter.

I am just trying to learn all I can and things sure change quick in this
industry.

As I step through the process that you outlined below, may I post some additional questions to you as they come up?

Thanks again!

-dpari

fabulous has already implemented the DDN system where you can set pricing on any domains in your account at fabulous.com that are over 60 days old and if approved by fabulous they will show up in that godaddy premium box and if bought domain transfers happen instantly, the amount you show up on partner sites will depend on how much commission you are willing to spend, I believe 20% is recommended for maximum exposure, look for other registrars to roll this out in the upcoming months as well, for maximum exposure you should list at sedo, afternic, moniker, use expanded promotion at afternic to get on buydomains.com, use the ddn at fabulous to get on godaddy, this is exactly what I currently do and generate quite a few offers weekly, tdnam and a few others out there just haven't gotten around to them yet as 5 outlets and my own site and leads is good for now, if the DDN turns out to work nice and godaddy & enom don't implement it then I will probably slide a couple hundred domains over to fabulous in order to use it, still new but have heard the testing from fabulous wen't well and with godaddy as 1 of the partners that's a lot of eyeballs on your domains.

 

[Lasher]

if the DDN turns out to work nice and godaddy & enom don't implement it then I will probably slide a couple hundred domains over to fabulous in order to use it, still new but have heard the testing from fabulous wen't well and with godaddy as 1 of the partners that's a lot of eyeballs on your domains.

The DDN is a game changer and any registrar would have to be crazy not to implement it. Think about the profit margin to the registrar for a regfee name, versus their commission on a 1k DDN name (even if their cut is as low as 5%).

It is in their interests to promote the heck out of the DDN names over regular names. The name gets transferred immediately to the buyer (no 5 day wait) and the registrar keeps their client without having to send them off through Sedo or some other business.

Making more money = good. Sending your customers to someone else's business = bad. DDN = genius.

 

[cybertonic]

For Premium Domains go to PremiumDomains.com
We advertise much more this site in Google, Yahoo, ... than other marketplaces listed above.
So that's strange some "old" domainers and supposed "experienced" ignore it!


...

 

[Lasher]

Different markets, DDN isn't about premium domains. It's about selling to end users in the $500-$5000 "sweet spot".

It's about the millions of end users who to go GD/Enom every year and enter something like "Bobs-Denver-Detailing.com" and presenting them with an option that says "Hey! For $1500 you can have DenverDetailing.com".

 

[Spade]

For Premium Domains go to PremiumDomains.com
We advertise much more this site in Google, Yahoo, ... than other marketplaces listed above.
So that's strange some "old" domainers and supposed "experienced" ignore it!
...

The reason is quite simple Cybertonic... although you provide a great service.. bottom line is traffic. The more people who see your domain for sale, the more likely they will purchase. Also consider this... are end users visiting your site or domain resellers?

I have attached a screen shot of the traffic comparison from GoDaddy ot PremiumDomains - I think this says it all.

 

[SpareDomains]

For Premium Domains go to PremiumDomains.com
We advertise much more this site in Google, Yahoo, ... than other marketplaces listed above.
So that's strange some "old" domainers and supposed "experienced" ignore it!


...

Lasher is dead on, I think it will be good for quick sales in the low to mid range and not something where you list a domain for 100,000 and it sells with an instant DDN push, if you look at some of the sales fabulous posted using the system during their test they will be more along the lines of 500-5000, I do see your advertisements all over but comparing yourself to a godaddy who spends millions on superbowl ads plus google & yahoo ads is a stretch and turning a DDN conversation into your own self promotion, love godaddy or hate them but there is no doubt that end user eyeballs are all over their site and when similiar domains show up in a premium domain box right when that end user has their credit card out is the best promotion possible as they don't have to search for the alternatives, if they see a domain listed at $500 or $1000 right below the one they are about to buy and they like it better and can afford it consider it sold.

 

[ApeXX]

Dpari,

Your falling for the trick... These arent available domains. They are registered to a different company. GoDaddy has been integrating other domains into its system, which is quite brilliant of them.

Consider this... BuyDomains owns almost 1 million domain names. If you go to GoDaddy (the largest registrar in the world) and Type in one of their domain names, instead of telling you its unavailable, GoDaddy now tells you that you can have it for X,XXX....

GoDaddy is basically becomming a reseller of Domains.... and honestly? There gonna do very very well..

Justin

Yeah, Justin hit the nail on the head. To be honest, most of the prices I've seen for those "premium" domains seem very inflated. But I bet GoDaddy makes some nice cash off the sales, so more power to them.

 

[smashfactory]

it would be interesting to see how many of those names actually sells at those prices- they are very inflated- and i guess it is a great way to pull the wool over a newbies eyes- lets pay $1450.00 for SnowmanPlates.com: 1550 google pages, 229 overture

 

[Lasher]

it would be interesting to see how many of those names actually sells at those prices- they are very inflated- and i guess it is a great way to pull the wool over a newbies eyes- lets pay $1450.00 for SnowmanPlates.com: 1550 google pages, 229 overture

You're missing the point of the service - "newbies" to what? Those listings aren't aimed at domainers, newbies or not. They're aimed at people looking for a name for their business or latest project. To the market they're targetting OVT and existing google pages is irrelevant, it's all about whether or not the name catches their eye.

Snowman plates? Could easily be worth $1500 to a company that makes holiday decorations. "Snowman plates" in google brings up plenty of product listings.

The existing problem is there might only be 20 companies in the world that make "snowman plates" so how do you get the domain in front of them to be noticed? The DDN is aimed at promoting such names in the places where business owners go to register their names, not domainers.

 

[smashfactory]

unless i am mistaken, dpari is a domainer- as well as many others who reg with godaddy, and see that, and if they are new have no idea if that is a good deal or not-

the prices are inflated- that was my point- the service is a rip off- that was my point-
i dont care who they are aimed at- if they are aimed at the business owner, then they are ripping off the business owner-

 

[Lasher]

unless i am mistaken, dpari is a domainer- as well as many others who reg with godaddy, and see that, and if they are new have no idea if that is a good deal or not-

the prices are inflated- that was my point- the service is a rip off- that was my point-
i dont care who they are aimed at- if they are aimed at the business owner, then they are ripping off the business owner-

I still maintain the point that SnowmanPlates.com at $1500 (not my domain) is a good deal to the right buyer who can leverage it to help their business. If you don't see how or why, I can't help there.

Declaring it a ripoff is just childish. If I offer you a rock for $1,000,000 and you buy it, you have not been ripped off, you have been foolish. You have only been ripped off if I provide false information to justify the price.

 

[smashfactory]

of course if someone can pay it! good lord we can do that with ANY domain- but do we do it? no. well, you might.
the fact is- just because there might be a buyer for some name that is long, has very little google presence and few searches just might be out there, does not mean you go around charging crazy prices for a domain like that.
if that were the case then we all could charge a grand for anything, waiting for that one buyer who just might pay that insane amount.
declaring it ripoff isnt childish dear, it is common sense-
yes anybody can charge whatever they want for a name, and pray they get it. PoopOnAShingle.com just may have a buyer someday too but you can't charge a grand for it- lets be realistic


hey- its sunday- it looks like i am trying to fight with you here, and i am not we just have differnt opinions on this-
you have a great rest of the day lasher!

 

[SpareDomains]

selling at a domain forum will get you lower pricing or reseller pricing as your selling to another domainer who has to seek out that end user, selling a domain in a premium box right in front of the businessman who has a plan to market their product with it can turn a $50 reseller priced domain into a $500 or $1500 domain rather quickly, a domain is worth whatever someone is willing to pay for it or what it is worth to their business model, overture, google results matter to domainers as there looking for pay per click income to justify the price, end users are looking at how much the domain name costs and how much profit 1 of their product sales will generate on the new domain to determine how much the domain is worth to them, traffic, google results may still matter to an end user to some degree but not nearly as much as a domainer as their development and advertising will bring in those results, 500-5000 is almost nothing to any business if the domain fits their product they will have no regrets and won't mind paying for a domainers hard work in securing a domain they like.

 

[dpari]

I stand corrected

great point smash, justin and everyone who contributed to this thread.

snowmanplates.com sucks, period!

At least losangelessmallbusiness.com has some clear meaning and purpose.

I appreciate the clarity, godaddy is just making money where they can anyway they can. Not to mention DECEPTIVE advertising!

Thanks again!

-dpari

it would be interesting to see how many of those names actually sells at those prices- they are very inflated- and i guess it is a great way to pull the wool over a newbies eyes- lets pay $1450.00 for SnowmanPlates.com: 1550 google pages, 229 overture

 

[Mark]

the fact is- just because there might be a buyer for some name that is long, has very little google presence and few searches just might be out there, does not mean you go around charging crazy prices for a domain like that.
if that were the case then we all could charge a grand for anything, waiting for that one buyer who just might pay that insane amount.
declaring it ripoff isnt childish dear, it is common sense-
yes anybody can charge whatever they want for a name, and pray they get it. PoopOnAShingle.com just may have a buyer someday too but you can't charge a grand for it- lets be realistic

I can see use in the name above - and if someone has a plan for it , I can't see a problem with the price really. By all means - People should not bother with these LONG 2 and 3 word .com's http://frankschilling.typepad.com/my_weblog/2007/06/dan_warner_writ.html
http://frankschilling.typepad.com/my_weblog/2007/06/the_great_domai.html

 

[smashfactory]

ok- let me say this just ooooooone more time-
you can pick and choose what you want from a post- whatever you need to do to pop a zing-
ALL i was saying is the names are overpriced- just because some business owner who knows nothing about domains buys it, doesnt make it any less over priced- the original question was about the names at godaddy- those names are not carefully chosen via the hard work of domainers- they are run thru the system with keywords regging just about anything avail for the name.
yes, people will buy them- just like the same fools that pay twice as much for the same item at macys instead of jcpenny-
if some person pays $3000.00 for $300.00 pair of jeans- no, they are not worth that much folks- they just overpaid - sometimes because they did not know any better.
i am not disputing WHO buys the domains, altho domainers who do not know any better will question them and wonder if they should hook a "premium" domain- THAT is the rip off in my eyes- jusy MY own opinion- godaddy can go crazy- names will sell-
you can call crap manure- doesnt mean it stinks any less