LLL.eu : Renew or sell?

[Gerrit]

I was lucky enough to grab two LLL.eu domainnames the day the .eu's were publically released. All LLL.eu's were sold out in less than 2 hours, despite the many interested parties I was lucky enough to grab 2. I received an offer shortly after for 500 euro, but decided to hold on to them a bit because I figured .EU would be having more value once the extention is becoming more acknowledged.

Now I need to renew them soon. And I doubt. I hear all sort of doomsday messages when it comes to the future of .EU, but I still strongly believe that with the right marketing .EU has a good future ahead of itself. .US and .INFO also started slowly, but look where they are now, amongst the more popular extentions worldwide. I think it is too early to say .EU is a failure and I believe in the extention, especially with the new former Eastern European nations being proud of their EU membership (in Poland alone the number of .EU registrations was amazing lately). But I may be wrong.

So I doubt what to do with my two LLL.eu names. Either trying to sell them for a decent amoung before they need to be renewed, or renewing them and waiting until .EU is really breaking through. This may be a long wait, I am not sure, but I believe .EU has potential.

So what would you advise? Sell now, or renew them and wait with selling until .EU is generally having a better reputation?

PS: as all LLL.eu's were sold out so rapidly, I think that even now I should not accept any bid below 400 euro at least. But would I be able to get a much better price if I hold on to them some longer until .EU is becoming a well-established extention?

 

[italiandragon]

sell

.eu is crap because each EU Country loves their ccTLD, who does type in .eu ?

 

[Gerrit]

Well, Europe is becoming more and more united. Maybe not yet like the US, but it is becoming stronger and stronger. Sooner or later the European identity will develop. Also, lot of organisations and companies active in many EU countries use an .EU rather than just regging the ccTLD of any European country they do business in. And Eastern European countries are proud of their EU membership and love the TLD (like I said, Poland alone had a lot of new .eu registrations lately)

I believe in the ccTLD really. It will just take time. As I said, I remember some years ago people laughed at .INFO and .US but both became well-established and respected.

I just wonder how long the wait can be for .EU. Would I for example get a better profit from the names if I would hold on to them another half year or maybe a year? Or would the difference not be high enough to justify renewing? I need to renew in 2 months time, so I need to somewhat make up my mind now: selling now for a good offer, or renewing them and hoping .EU will grow so that I can get much more money for those 2 domains within a while.

 

[italiandragon]

:td: it seems you did not post here to ask an opinion but to convince yourself of your own opinion

then renew it

 

[Gerrit]

No no, I really would be keen on hearing your opinions. Just trying to give my arguments why I believe in .EU, but without excluding I may be completely wrong. That is why I first gave my own point of view but would really appreciate the feedback of other members.

We're talking about LLL.eu's, so they should be worth decent money. The question is: do you think it is wise to wait a bit longer to sell (and thus renew) or should I better sell them now for a decent sum?

 

[italiandragon]

No no, I really would be keen on hearing your opinions. Just trying to give my arguments why I believe in .EU, but without excluding I may be completely wrong. That is why I first gave my own point of view but would really appreciate the feedback of other members.

We're talking about LLL.eu's, so they should be worth decent money. The question is: do you think it is wise to wait a bit longer to sell (and thus renew) or should I better sell them now for a decent sum?

I already answered to that: sell , if .eu grows , .com will fly

I don`t have or plan to have any .eu , I tried a few during landrush just for speculation but after 2 years it`s just clear as it will be a dead horse.

 

[jmcc]

Renew them but be prepared for a long wait before .eu becomes credible and trustworthy.

Regards...jmcc

 

[1john2004]

You can sell them to me

 

[mvl]

Depends on the names. I have a few keepers but I can think of names I'd like to sell instead.

 

[nmr86]

you ask to renew or sell.. but when i read your post, i come to the conclusion you want to renew!

so renew and hold on to them for a few more years

good luck

 

[ilcesco]

If you're heading to the long way and wait (or hope) for the european tld to gain a glimpse of credibility, then renew, but be prepared to wait several years. If instead, you'd like to sell those names for an amount of money close to the offers you've been getting right after the landrush.. in this case I'd suggest to sell as quick as you can.

 

[htmlindex]

It's up to you, but personally, I'd probably sell as I don't see that much potential with the .eu extention

 

[fonzie_007]

I would have sold shortly after landrush (and would sell now), but then again, I've been wrong in this industry plenty of times before.

 

[Gerrit]

Three more questions on this one...

- How much does parking them usually earn one? Because I notice exactly the same LLL with the .com, .net and .org are parked right now. If I would park my LLL.eu's while hoping the .eu would rise in value, would this earn me some decent money or is parking at Sedo usually not earning much money?

- I thought of an auction as well to see how much they would be getting, the one offer I got is quite good. If I would auction at for example sedo.com (or is there a better auction site?), I am obliged to sell to the highest bidder? Or can I withdraw in case the highest bid is lower than the offer I already got?

- I also found some companies having the LLL as name. I thought of emailing them to see how much they'd offer. But do I risk then that they would claim the name for free because of trademark issues? (note that the LLL is parked in the .com, .net and .org, so it would maybe be weird that they would suddenly make a legal case out of the .eu being owned by me).
Is it a good idea to hear what the companies have to offer? Or is it, for avoiding losing the domain for no money at all, better not to email these companies for an offer?




PS: so far I am quite tempted to accept the offer I got. But I need as much advise on all options as I can get, because I never had an offer this high before. So this is a bit new to me, and although I am tempted to accept the offer I want to feel 100% sure that I know all options first. Guess it is not unnormal to want to get the maximum out of a domain

 

[mst0192]

it all depends on the letters..

is it a generic word like wow.eu?
or just a bunch of letters like zqy.eu?

pm me the domain and i will try to give you an evaluation.

Three more questions on this one...
- How much does parking them usually earn one? Because I notice exactly the same LLL with the .com, .net and .org are parked right now. If I would park my LLL.eu's while hoping the .eu would rise in value, would this earn me some decent money or is parking at Sedo usually not earning much money?

doesn't make sense to park .eu

- I thought of an auction as well to see how much they would be getting, the one offer I got is quite good. If I would auction at for example sedo.com (or is there a better auction site?), I am obliged to sell to the highest bidder? Or can I withdraw in case the highest bid is lower than the offer I already got?

sedo is the best for .eu, but you can't withdraw.

- I also found some companies having the LLL as name. I thought of emailing them to see how much they'd offer. But do I risk then that they would claim the name for free because of trademark issues? (note that the LLL is parked in the .com, .net and .org, so it would maybe be weird that they would suddenly make a legal case out of the .eu being owned by me).
Is it a good idea to hear what the companies have to offer? Or is it, for avoiding losing the domain for no money at all, better not to email these companies for an offer?

quite risky, if the domain isn't generic.

PS: so far I am quite tempted to accept the offer I got. But I need as much advise on all options as I can get, because I never had an offer this high before. So this is a bit new to me, and although I am tempted to accept the offer I want to feel 100% sure that I know all options first. Guess it is not unnormal to want to get the maximum out of a domain

i don't know.. if the offer is reasonable, i would sell..
post the domain and we can evaluate it..

if its just a random-letter-combination, a reseller would pay 300-800 for lll.eu

 

[Gerrit]

It is two LLL.eu's I got. Both random letters, however one has the same letter twice in a row.

 

[jmcc]

Three more questions on this one...

- How much does parking them usually earn one? Because I notice exactly the same LLL with the .com, .net and .org are parked right now. If I would park my LLL.eu's while hoping the .eu would rise in value, would this earn me some decent money or is parking at Sedo usually not earning much money?

It would be better to develop something on them Gerrit,
Even a minisite would probably earn more on a .eu due to the relative rarity of .eu websites.

- I also found some companies having the LLL as name. I thought of emailing them to see how much they'd offer. But do I risk then that they would claim the name for free because of trademark issues? (note that the LLL is parked in the .com, .net and .org, so it would maybe be weird that they would suddenly make a legal case out of the .eu being owned by me).
Is it a good idea to hear what the companies have to offer? Or is it, for avoiding losing the domain for no money at all, better not to email these companies for an offer?

Potentially it is very dangerous. However an EU company would be a better option because they would meet the registration requirements. In terms of marketshare, a German company would be best. However there is the problem that it would be seen as cybersquatting and offering the domain for sale to a rights holder - something forbidden under the regulations as it could be considered a defacto bad faith registration..

The best is to hold out until the .eu market develops.

Regards...jmcc

 

[Kate]

I don't think there is a lot of type-in traffic for .eu and I wouldn't expect any. I doubt you will make good money with parking them.

 

[jmcc]

I don't think there is a lot of type-in traffic for .eu and I wouldn't expect any. I doubt you will make good money with parking them.

If there is type-in traffic, it may come from people checking if their .eu is taken. When you break the .eu registrations down over the countries and compare these figures to the ccTLD/gTLD domain footprints of these countries, .eu is not really at the races. It doesn't even figure in advertising in most countries in Europe. The argument for type-in and direct navigation really only works for .com and strong ccTLDs - not third or fourth choice TLDs like .eu. Do people worry about type-in traffic in .biz?

Regards...jmcc

 

[Gerrit]

Would a Sedo listing be wise to do, or would it be unlikely to result in anything from 500 or onward (because only in that case it makes a large difference with the existing bid) ?