NameSilo

If a .com is up for auction at say $20,000, is it reasonable to put up the .net for $2,000?

Labeled as auctions in Domain Buying and Selling Discussion, started by Dohmain, Apr 6, 2020

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  1. Dohmain

    Dohmain Established Member

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    As per the title. I own the .net and not the .com. The .com is currently being auctioned with a minimum bid of say 20K, with multiple offers.

    Since some people want to own both the .com and the .net - would it be smart to put the .net up at the same time on the same registrar?
    Also am I underestimating the value of the .net? Should I set a higher minimum offer?

    Thanks :singing:
     
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  2. gilescoley

    gilescoley Top Member PRO VIP ★★★★★★★★★★

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    It really depends on the name. If its a single premium 1 word .NET, then it may be worth $2K

    Remember that most reserves on domains are ridiculous and the sellers are dreamers. When you say multiple offers, were there really offers or is the buyer pumping up his name? If there were offers, we they $20 offers? Lots to consider here and not set rules about what the .net is worth.

    It depends who your potential buyers are as well, as an example IBM.net or Twitter.net (yes, just an example, theyre trademarked) would be worth more than Data.net in today's market.

    Be very careful with registering trademarks as well when using this tactic.
     
    Last edited: Apr 6, 2020
  3. Dohmain

    Dohmain Established Member

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    It is, actually!

    Yeah, hard to tell. But the .com was sold a few years ago for about $4,000.

    No trademark issues.
    Thanks for the info! (y)
     
  4. Meadows

    Meadows Upgraded Member Blue Account

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    that depends on it : keyword, target group ... you can always go down, but each domain is only available once
     
  5. gilescoley

    gilescoley Top Member PRO VIP ★★★★★★★★★★

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    How premium? people have different ideas on whats premium, its unlikely premium if the .com only sold for $4k.
     
  6. The Durfer

    The Durfer Top Contributor VIP Blue Account

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    reasonable, but only because they couldnt get the dot com is why they would buy the dot net. So if you want the sale be negotiable. cheers. :)
     
  7. Hypersot

    Hypersot Top Contributor VIP

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    As it's been said, it really depends on the keyword.

    As a general rule of thumb though (for any name) I consider the .net version to be worth 100 times lower.
    I used to calculate it at 20 times lower but .net has dropped a lot in value imo.
     
  8. Dohmain

    Dohmain Established Member

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    I don't know! NameCheap and GoDaddy seems to refer to different domains as "premium", and Epik seems to call all of its domains premium? The specific .com is referred to as premium. The term has +20M Google hits.

    I wouldn't know! But that was a few years ago and the term has become quite established since.

    Gotcha. Thanks!

    I'll keep that valuation in mind. Much appreciated.

    I wonder if there's any harm in putting it up for auction at an optimistic price, just to see if I get any bids?
     
  9. FolioTeam

    FolioTeam AMDB.tv VIP

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    In my opinion, based on domain alone, Data.net is worth way more than twitter.net. Twitter.net is worth little to nothing without the Twitter brand.

    Having said that, I don't like .net domains. They are basically an alternative to .com in ways that .org isn't.
     
    Last edited: Apr 6, 2020
  10. Bob Hawkes

    Bob Hawkes Top Member NameTalent VIP Gold Account Trusted Blogger

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    It was published back in 2017, but the NameNinja guide to domain name pricing for business names suggests that in general .net, .org are 5 to 20% of the corresponding .com.

    But it of course depends on the name and also if the .com is already in use and if that constrains likely use of the .net. So I would say just because the .com sold for $20,000 does not mean the .net is likely worth about $2000, but in absence of any other information that might be a somewhat reasonable ballpark.

    In the two and a half years since that was published, probably single word .com relative to .net have increased as a ratio (just perception, have not tried to carefully look at numbers).

    Bob
     
  11. biggie

    biggie Top Contributor VIP ★★★★★★★★★★

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    Hi

    you need to clarify this

    does it have a "reserve price" of $20K and there are bids, but none have surpassed that amount?

    or
    was the reserve of $20k met already, which means the next bid must be above $20K?

    until you clarify, then what you are contemplating, may be be futile.

    imo...
     
  12. Vivienne Mcgregor

    Vivienne Mcgregor Restricted (15-30%)

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    Try 50%. Why settle for something lesser?
     
  13. Dohmain

    Dohmain Established Member

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    Thanks a lot for this info. (y) Much appreciated.

    Good questions. The starting price aka the "minimum offer" of the auction was about $20K. It is not possible to place any bids below that price. I cannot see bidding details beyond the number of bids made.

    Haha, yeah. As long as it's free, right?
     
  14. brandpainvestment

    brandpainvestment Established Member

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    I can set any minimum price on my domains.

    You should not value it seeing the 20,000$ minimum offer, may be they are holding a bad name with minimum offer of $20,000.

    Assess the value of your domain as some members said. Domain name sells for various reasons, collect the supporting data (If any found) like one word dictionary, search term, branding, related extensions taken, recent sales, etc.
     

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