domains Mike Mann wants GoDaddy to give him all of their domains

[mr-x]

What a headline.

TL;DR - Mike Mann wants GoDaddy to give him its domain portfolio. He'll drop the crap and sell the top 25% for a reasonable commission. He demands this would be best for GoDaddy stock holders.

I lookup up Chutzpah on the Internets and found this:

https://domaingang.com/domain-news/...with-a-godaddy-plan-give-me-all-your-domains/

Also, he has a beef with an unnamed GoDaddy employee.


That ends this episode of Domainer Soaps.

 

[MapleDots]

Money does not give you power, Mr Mann should be more careful on the internet.
I speak from experience here, I ran a large forum based site and had crazies showing up at my door threatening my family because they were banned from the forum.

Money won't protect from crazy people, the best thing is to forget and move on.
If you can't do that at least plan your revenge in private.

 

[wizard]

yawn who cares

 

[xynames]

I could do a better job.

We know Keith, after all

All good cbd domains have been bought or sold by me.

 

[dande]

If he feels the valuation tool is costing him money, which they can, then the venting is probably justified

To be honest, Godaddy Valuation tool is destructive to domainers and costing us sales.

Imagine you priced your domain $10,000 (USD) and right under it, Godaddy placed link to their "Estimated Value". When the buyer clicked on the link, they will see -
Estimated Value: $1,377 (USD). Do you think the buyer would want to continue?

And this may be a domain name you bought for $2,000+

That's not fair to domainers. Godaddy is being extremely self-serving with the tool

 

[.X.]

So sue them for loss of earnings. I have to agree that their tool is a joke, and nothing more than a gimmick. Are Godaddy willing to pay 5% of their mid $x,xxx valuations on all that pigeon crap? Hell no.

Their tool has had an influence on negotiations breaking down on a number of leads/inquiries for me so I share his frustration.

We have to coexist with these appraisal/valuation bot tools, if a person literally takes these appraisal tools as the bible so to speak, it can absolutely be a tough task to justify any other pricing than what the appraisal tools out there give. It is very-very hard to justify and try and negotiate with a buyer if they are adamant about these tools as their guide to purchasing names.

The tools are not like a kelly blue book or nada guildline for value vs supply and demand vs trend value.

The bot tools don't appraise on market values such in the case of liquid domain names, niche market spikes, they just base pricing off of similar name sales, which is ok, but can be very old data, niche market trends and liquidity certainly can add substantial value to a name IMO

 

[mr-x]

The online valuation website addresses will get much more accurate as more and more website addresses are sold

The domain name industry is still very new and many still don't know that there is a domain name industry

Software doesn't understand nuance, slang, current events, typos, made up words, word mashups, customer acquisition cost, type-in traffic, etc..

Domain appraisals are much harder than real-estate appraisals.

 

[branding]

I agree

It works both ways...

When used as a benchmark by a potential seller, they do influence the seller and also give the seller a false sense of the value of a domain name.

 

[domainer111]

While I agree with many of the points raised, I do think the Godaddy tool is extraordinary but on a relative basis only. Pound for pound it will spot the gems from a list. You just need to have a multiplier in mind, and know where they are at. If they value between $1300-1700, I would say they are way off (as in too high) about 20% of the time. But above $2,000 you better be watchin :D

 

[.X.]

Mike Mann is a very savvy man as history will prove, he gets pissed off too just like anyone else, doing business in this industry can drain a person down, I think he is just talking from a business perspective.

If he feels the valuation tool is costing him money, which they can, then the venting is probably justified

 

[Mister Funsky]

That ends this episode of Domainer Soaps

Or is it just the BEGINNING?!?!?! (insert ominous background music here)

 

[Keith]

I could do a better job than OP, just in case @Joe Styler

Godaddy has a system of selling domains that just hasn’t been matched to date. No one person or small team will change that, imo.

 

[mr-x]

I could do a better job than OP, just in case @Joe Styler

A dubious claim.

 

[ResoluteDomains]

To be honest, Godaddy Valuation tool is destructive to domainers and costing us sales.

Imagine you priced your domain $10,000 (USD) and right under it, Godaddy placed link to their "Estimated Value". When the buyer clicked on the link, they will see -
Estimated Value: $1,377 (USD). Do you think the buyer would want to continue?

And this may be a domain name you bought for $2,000+

That's not fair to domainers. Godaddy is being extremely self-serving with the tool

Bingo. Been saying this for ages. There is absolutely no way to compare non-unique intangible assets like these things do. I, too, have lost deals to people who just dont want to hear that the value of the domain name, to their business use, has zero to do with these "tools". There is only one "xxxxxxxx.com" domain - none other compares to it and it compares to none other. IMO.

 

[Dondomainer]

Godaddy's perspective is different from domainers.

1 - their profit margins are high in the total (domain and all others services), non-individual (just domains) and.. that is why good domain have low price,, and bad domain high price.

2 - They offer a service which includes but is not limited to domain names, so, they try to offer these services in the same way as other of their products.

3 - Godaddy domain apraisal it is a marketing tool to attract attention to itself of hundreds or millions of customers.


The best thing that domainers who respect themselves can do is not sell domains in godaddy

 

[MapleDots]

The first line was sarcastic

Fake news on your end.

HeHe... Quoting only what is advantageous to one's own needs is an art form

 

[Jv1999]

WTF wit celebs acting crazy on Twitter nowadayz?? Must be sanity zodiac in retrograde or because the moon now weighs a lot heavier because of that asteroid crash recently.

I mean, first Justin bieb randomly challenges Tom cruise to a brawl on tweet

Now mike Mann askin gd to fork all domains to him lol

 

[mr-x]

Mike's position is,
1) Godaddy has too many domains in their portfolio and the cost is damaging to their overall profitability.
2) He could do a better job of selling those domains.

Mike should spend sometime cleaning up his own domain market. It maybe true he could get more money than the avg broker but the obvious conflict of interest disqualifies him. IMO.

 

[iAchilles]

If he feels the valuation tool is costing him money, which they can, then the venting is probably justified

So sue them for loss of earnings. I have to agree that their tool is a joke, and nothing more than a gimmick. Are Godaddy willing to pay 5% of their mid $x,xxx valuations on all that pigeon crap? Hell no.

Their tool has had an influence on negotiations breaking down on a number of leads/inquiries for me so I share his frustration.

 

[Lord Antares]

To be honest, Godaddy Valuation tool is destructive to domainers and costing us sales.

Imagine you priced your domain $10,000 (USD) and right under it, Godaddy placed link to their "Estimated Value". When the buyer clicked on the link, they will see -
Estimated Value: $1,377 (USD). Do you think the buyer would want to continue?

And this may be a domain name you bought for $2,000+

That's not fair to domainers. Godaddy is being extremely self-serving with the tool

Theoretically, this should benefit domainers more than sellers because most worthless domains are appraised at $xxxx (or at least more than they are worth) and there are more shitty domains than there are good ones by orders of magnitude.

Theoretically, this should only affect people who sell good domains negatively.

 

[asxforum]

who really cares about this guys crazy ego .

 

[Dondomainer]

who really cares about this guys crazy ego .

Render to Caesar what is Caesar’s

without lies...Mike M, is is the domainer that we all want to be, both in his sense of smell to discover treasures and in his negotiations, I do not see ego here, I see just someone who defends his, yours and mine business

 

[mr-x]

yawn who cares

Mike.

 

[mr-x]

Mike Mann is a very savvy man as history will prove, he gets pissed off too just like anyone else, doing business in this industry can drain a person down, I think he is just talking from a business perspective.

If he feels the valuation tool is costing him money, which they can, then the venting is probably justified

I assume most GoDaddy brokers believe the best domain a end user can buy is one from GD's portfolio.

 

[DomainGuy86]

Mike is the Michael Jordan of the Domain world....if he speaks, we listen. Also, if you check the picture out...in the reflection of the window is a wide expanse of water--meaning, the guy can afford a million-dollar view like that...he ain't hurtin' one bit!