.tv Just my opinion!! Why I am not submitting any names to auction

[MillersCrossing]

Everyone has their own way of doing things, so this is a personal opinion not a judgment.

But I see this "reseller auction" from NP members as jumping the gun a bit.

Why I did a complete 360 on .tv going from yay to nay and back again to yay (thanks Mellowmasher!) is because I picked up some fantastic keywords for reg fee and a couple for under $500 each.

This reg fee renewal on such (everything is relative) good keywords will hopefully (if my health remains stable) allow me to hold on to these keywords for as long as I wish and I just need one big fish in the next ten years to make it big time.

I made money flipping when premium renewals were still "hot" but I certainly did not want to sell education.tv, even though I got a really nice ROI. I wish I still owned it, but I do not have the cash to pay the $5k renewal year in year out.

Now I have some names almost as good as education and times that by 15 names with no worries to renew.

Why on earth would I shove it in an auction now??

First off there is huge competition with the Verisign auction. But putting that thought aside, it would be better to hold and wait till the Verisign auction finishes FIRST before submitting names to another .tv auction

Lets say the auction does relatively well, or fingers crossed very well - everyone with decent keywords/category killers will instantly have more value.

If the auction doesn't do so well, it does not matter either, because the game has changed due to reg fee renewals. So I will give .tv another 10 years to make it. If not, have not lost too much money at all.

But I am seeing some really good names go into the auction when .TV is at its lowest value in a very long time. Now should be the time to consolidate your great names, not THROW THEM AWAY IN A DOMAINER TO DOMAINER flip flop.

I can understand names that are excess baggage, but there are some very good names in the auction.....

JMO

 

[equity78]

I agree 100 % James and I only listed a couple names that I would send, because the names are not at the top of the priority list. Not new names either but names owned for a bit.

Someone mentioned oh if you throw Drummer.tv you will get a bid, and that's nice I know they want the name, But I would never sell that name for $60. I have played drums since I was 8, I have great interest in the name so I would not throw it to auction for $600. Its a name I don't care if I sell. It was like when I owned MobilePorn.tv, I knew what the name was worth. I got lowball offers of $60 to $300 all the time. Emails that said you can make 10 times your money sell it for $250. I replied I will make 80 times min or it will be held. Its the reason why I always stated don't own a lot of .tv so you have no pressure to sell good names.
Mobile Porn.tv was sold for $2000.

When you stick to a discipline you can at least control the rush to sell. If you own 500 .tv you could get pressured to sell with renewals every month.

Good post James.

 

[domainacrobat]

I posted this in another thread:

There are so many names at auction, and as a whole, the current generation of avid .tv buyers is small and are resellers. A small niche of domainers are the only ones alert to what is going on at sedo. Even if a domainer knows that they are on auction, chances are they may not recognize what has occured with the premium restructuring, basically missing the point of what makes this opportunity great. Most of the investing should come from those not "in the know", eagerly trying to get a piece of the pie once they fully understand what has happened.

At least thats my opinion.

For everyones sake I hope the pocketbooks pour open

Thats why I did not even list one name for auction at sedo.

However from a buyers perspective now is perfect to get some sweet names!

 

[MillersCrossing]

When you stick to a discipline you can at least control the rush to sell. If you own 500 .tv you could get pressured to sell with renewals every month.Good post James.

Thanks Ray.

---------- Post added at 06:43 PM ---------- Previous post was at 06:42 PM ----------

I posted this in another thread:Thats why I did not even list one name for auction at sedo.However from a buyers perspective now is perfect to get some sweet names!

Correct Marlowe. I missed your post, sorry. But my sentiments echo exactly what you stated....

 

[equity78]

158 on auction currently. 115 are Verisign auctions. It is something no one ever thought would happen. 43 non Verisign auctions is at least 8 times more than an average week.

Good luck to everyone with their auction.

 

[domainacrobat]

Thanks Ray.

---------- Post added at 06:43 PM ---------- Previous post was at 06:42 PM ----------



Correct Marlowe. I missed your post, sorry. But my sentiments echo exactly what you stated....

Im trying to practice discipline as well! I had tons of names before with the hopes of quick flips, I did well, but not as good as I would like to, it is only quick cash in the short term. Now I subscribe to the Warren Buffet method of investing.

"If you don't feel comfortable owning something for 10 years, then don't own it for 10 minutes."

"Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years."

"Our favorite holding period is forever. "

Ideally every name I buy I would be willing to hold for at least 10 years, and potentially indefinately. Im not in a rush to send my great names up against a load of other better names while the market has yet to expand. I can wait, even if it means wating a long time.


I hope I don't offend anyone, or make anyone feel bad bout sending their names to auction. We all have different motivation and profit is profit. Im sure that there will be some great sales and money made.

 

[Jeff]

:hi:

As a general principle, SUPPLY vs. demand alone should be reason enough not to be listing at present ... but, on the other hand, there are some additional eyeballs at present with the # / quality of the Premium Verisign domains and no guarantee that things will ever get any better for the ".TV" IMHO.
It's truly a gamble, regardless ... so perhaps the best consideration would be to uniquely develop! :gl: :imho:

Best regards,
Jeff

 

[equity78]

OH I agree Marlowe many own a ton of names and they need to send some to auction. No one is dissing anyone, at least I know you, James and I are not.

 

[hullswingerscom]

norr did i

 

[garptrader]

I believe SEDO auctions are visible primarily to domainers and auction bidding frenzies generally do not occur when a decent offer has been made. There are many good domains in auction currently and note of that has been made in a few blogs so I believe there will be last-minute bidding. But we just won't know until April 8th the final result. I don't anticipate the final bids will be comparable to an end user offer but they may still provide an acceptable ROI. It's nice to make a big sale but a few modest gains can still help with cash flow.

 

[Vito]

Someone mentioned oh if you throw Drummer.tv you will get a bid, and that's nice I know they want the name, But I would never sell that name for $60. I have played drums since I was 8, I have great interest in the name so I would not throw it to auction for $600. Its a name I don't care if I sell.

Ray,

I was kidding when I posted that.
I believe in my Post, I was thanking you for your offer of an excerpt for me to add to your blog.
I thanked you, then at the end i wrote...

P.S. a word of advice to you, throw Drummer.tv into auction for $60.
I'm pretty sure I threw a LOL in there too.
I figured it was pretty clear that it was all in fun...guess not?
It was more of a compliment to your name then anything...

It was a joke.

But I am seeing some really good names go into the auction when .TV is at its lowest value in a very long time. Now should be the time to consolidate your great names, not THROW THEM AWAY IN A DOMAINER TO DOMAINER flip flop.

I can understand names that are excess baggage, but there are some very good names in the auction.....

JMO

You may have a very valid point, but I really hope you are wrong.

I honestly believe that we will see a lot of action right now with all of the additional attention @ Sedo and .TV this week. The funny thing is, We really do have quite a few better .TV domains in our auction as opposed to Enoms auction...lol

Only time will tell but April 8th will definitely be exciting, that's for sure!

If you are right, at least for me...I have too many domains right now as we speak anyways, and could use a little thinning out. Actually I was thinking of off loading a bunch after this week because I have a different strategy today than I did a coupla weeks ago.

Either way this whole additional auction pans out, I just hope everyone who participated is happy with their New purchases and additional sales.

We are all having a lot of fun right now!

 

[equity78]

Dot, I know, I meant that I was not going to send it for any amount that a domainer would send to Sedo auction. My point was more to why I agreed with James and was not putting names up.

If you have a lot of names that you need to move, it is a good strategy for the auction.

 

[Vito]

Dot, I know, I meant that I was not going to send it for any amount that a domainer would send to Sedo auction. My point was more to why I agreed with James and was not putting names up.

If you have a lot of names that you need to move, it is a good strategy for the auction.

Cool

Yeah, It really is a risk when listing for $60 especially with that $50. hit - GULP!
I didn't list any of mine for less than $100 just cuz I was a little scared, lol

Interesting enough is, I just went back there to count the current .TV auctions (43 Now!) and about 10already have multiple bids on them...and we still have a looong time to go!

So who knows, but it really could work to our benefit this week. (Crossing Fingers)

 

[equity78]

I agree, most bidding comes in the last hour of the auction. I am looking at two names and will not think to bid until the last hour of the auction.

If they are at a reasonable price, I will bid, if not I did not waste my time earlier in the auction. Secondly you don't bring as much attention to the name.

 

[GoneWalkabout]

I can understand names that are excess baggage, but there are some very good names in the auction.....

Millers - I agree with everything you've noted. For most people with good names the best strategy is simply to hold on to them and not get caught up in the auction.

For me, I am hoping to ride two horses at the same time

- not taking part in the auction for 98% of my portfolio

- actively taking part in the the auction for 2% of my portfolio.

If the auction is a flop then so be it - I still have 98% of my names.

If the auction is a success - then not only do I get a little 'coinage' to recoup some of the money spent on recent big spends, but I also help the 'buzz' that we are presently seeing in .TV

I think Garptarder put it very well, when he noted that most domainers only found out too late that .TV went crazy and as they quickly learn what is/has happened they will be faced with a large number of high .TV sales on DNJournal in the same week.

The reality of money changing hands is the best kind of promotion for .TV


Yes, we are here to make money - but helping the promotion / being an ambassador for the .TV brand can have some positive returns.

I agree, most bidding comes in the last hour of the auction. I am looking at two names and will not think to bid until the last hour of the auction.

If they are at a reasonable price, I will bid, if not I did not waste my time earlier in the auction. Secondly you don't bring as much attention to the name.

Great policy Ray - as a potential buyer - but all of those who are selling are doing exactly the opposite!

That's also why I'd like to remind you, once again, that I presently have on auction the following names:
SLAM.tv
FIST.TV
SCHWARZ.TV
THREE.TV
TULIP.TV
PRESENTATION .TV
SUCK.TV
LITERATURE.TV
WEBCASTS.TV




As a separate item - I think that regardless of all the positive publicity at the moment for 'new' entrants to the .tv world - the issue of legacy premiums name renewals is seriously souring the goodwill of many early adopters of .TV.

 

[RPK]

I also have not posted any names for auction as didn't many of the experienced .tv domainers from the last few years much for the same reasons as listed above. Another thing I am doing differently this time around is quality over quantity. At one time in 2006/2007 I had about 800 .tv names. Before the 18th I had about 50 and now I have about 100.

Names three years ago I would have killed for such as Fireman.tv I let drop and don't feel bad about it at all. With all the premiums being released, what was considered good names just a few weeks ago are now considered ok names imo. And what was considered great names are now good names. The best top of the line names, category killers as Millers said, are the names to focus on.

I feel bad as I still see a lot of hand reg names that I think won't really increase much in value and I have also begone to see people posting names for sale for outrageous prices and calling them amazing names that I wouldn't pay reg fee for.

Quality names are a much safer investment in the current landscape.

 

[MrRhee]

I agree, most bidding comes in the last hour of the auction. I am looking at two names and will not think to bid until the last hour of the auction.

If they are at a reasonable price, I will bid, if not I did not waste my time earlier in the auction. Secondly you don't bring as much attention to the name.

exactly. still too early to bid.