NameSilo

How profitable is selling through auctions?

Labeled as question in Domain Beginners, started by Reyginus, Mar 2, 2021

Replies:
6
Views:
453

  1. Reyginus

    Reyginus Established Member

    Posts:
    163
    Likes Received:
    208
    I have few questions on Auctions selling.

    What sort of names are sold in Auctions? GEO, EMDs or Brandables? Is it worth it? And what are the best places if you want to head to one? Thanks.
     
    The views expressed on this page by users and staff are their own, not those of NamePros.
  2. biggie

    biggie GreenFriendly.com VIP ★★★★★★★★★★

    Posts:
    10,823
    Likes Received:
    12,181
    Hi

    you'll have to do the research, by reviewing auction sales results to see which names sold, the category and for how much.
    then, you'd have to know what each seller originally paid for their domain and how many years they held it before selling... to know if it was profitable sale and how much profit was gained.

    as for best, they are all like the rest... you have to view the listings to see what's being offered.

    don't look to get spoon fed, feed yourself

    imo....
     
  3. Reyginus

    Reyginus Established Member

    Posts:
    163
    Likes Received:
    208
    Thanks just that asking here is another form of research. The inputs of those that have gone before me will guide me to the light.
     
  4. domainflipper1000

    domainflipper1000 Established Member

    Posts:
    83
    Likes Received:
    79
    Yes auctions are profitable if you make a profit. You would want to pay attention to any commission fees however.
     
  5. Reyginus

    Reyginus Established Member

    Posts:
    163
    Likes Received:
    208
    Sold any names through auction and how?
     
  6. domainflipper1000

    domainflipper1000 Established Member

    Posts:
    83
    Likes Received:
    79
    I haven't as I prefer Buy It Now. All you would have to do is list on multiple sites and wait.
     
  7. scithe

    scithe Upgraded Member Gold Account ★★★★★★★★★★

    Posts:
    169
    Likes Received:
    54
    I haven't had much luck with GoDaddy 7-day auctions. I do think I had an offer/counter offer that received an offer and I was able to turn that into a 7-day auction with their offer as the opening bid. 7 days later it sold at their offer.
     

Want to reply or ask your own question?

It only takes a minute to sign up – and it's free!
Topics / Tags:
NameWorth
  1. NamePros uses cookies and similar technologies. By using this site, you are agreeing to our privacy policy, terms, and use of cookies.
    Dismiss Notice
Loading...