ddfenton
Established Member
- Impact
- 163
Ok, this is plaguing me -- last week, Name Silo had a 4 letter one-word dot com (and it was the plural of a kickass, generic three-letter) for something like a $2,388 maximum bid, which was, of course, spoken for. A quick Estibot check showed value at $21K -- I suspect it's worth more.
Hedged in between were substandard domain names (glaringly of less value, 3 words, long ones, misspellings, mixture of hyphens and numbers – B to C list names, no matter how many potential backlinks) were set at max bids of $16K and $32K - so meaning, people can't buy those right away like they can the $200, $90, $80, $65 and $50 ones, which were more often than not, clearly higher quality and more desirable than the ones set a $32K.
Are they trying to force bidding on leftovers? A number of names I recognized from the previous auction that hadn’t sold, going around again. And they were STILL set at over $1000.
I get that there may be less desirable domains that Name Silo wants to hold till the last few hours, perhaps for people who lost out on the best pickings?
These high-priced maximum bids are simply domains without a buy it now price.
1. And who determines the "bid it now," maximum price?
2. Is there insider information about availabilities coming up other than drop catch services?
3. I can’t help but be suspicious as to why such a clearly A-List domain is set to expire to begin with - maybe it didn't, and the bid-it-now will be moot.
4. Who had entrée to them so quickly - not just the information (Domain Cop?) but with earlier access to bidding? Are the services like Fresh Catch, buying these up? Drop catch lists? I’m not too sophisticated about this stuff.
5. And what are the bought-it-already domains (that are faits accompli) doing in auctions? On NameJet, if two people bid equally on the same domain name for back order, they get to duke it out in an auction to determine who wins. If there’s only one bid, then that automatically wins.
By the time the 25 days-till-auction names appear on the site, the good ones, with maximum bids of $1000 and under, but mostly the $200 ones - are all taken.
Where's the profit in this? Especially since the pricing appears arbitrary. It doesn’t step down a price level anymore if no one buys it the closer it gets to end time, like at GoDaddy.
And again – why are they appearing on the available list? So, we can try to make rhyme and reason out of pricing discrepancies? So that the current domain holder can stay in the loop and make an educated assessment as to whether to renew or not?
Generally, Name Silo is pretty transparent about its policies. Not so here – they say something about it being based on past sales and age, etc., but that 4 letter domains dated back to 1997. So, can someone explain the deal to me? Thanks in advance for enlightening me - and sorry so long.
Hedged in between were substandard domain names (glaringly of less value, 3 words, long ones, misspellings, mixture of hyphens and numbers – B to C list names, no matter how many potential backlinks) were set at max bids of $16K and $32K - so meaning, people can't buy those right away like they can the $200, $90, $80, $65 and $50 ones, which were more often than not, clearly higher quality and more desirable than the ones set a $32K.
Are they trying to force bidding on leftovers? A number of names I recognized from the previous auction that hadn’t sold, going around again. And they were STILL set at over $1000.
I get that there may be less desirable domains that Name Silo wants to hold till the last few hours, perhaps for people who lost out on the best pickings?
These high-priced maximum bids are simply domains without a buy it now price.
1. And who determines the "bid it now," maximum price?
2. Is there insider information about availabilities coming up other than drop catch services?
3. I can’t help but be suspicious as to why such a clearly A-List domain is set to expire to begin with - maybe it didn't, and the bid-it-now will be moot.
4. Who had entrée to them so quickly - not just the information (Domain Cop?) but with earlier access to bidding? Are the services like Fresh Catch, buying these up? Drop catch lists? I’m not too sophisticated about this stuff.
5. And what are the bought-it-already domains (that are faits accompli) doing in auctions? On NameJet, if two people bid equally on the same domain name for back order, they get to duke it out in an auction to determine who wins. If there’s only one bid, then that automatically wins.
By the time the 25 days-till-auction names appear on the site, the good ones, with maximum bids of $1000 and under, but mostly the $200 ones - are all taken.
Where's the profit in this? Especially since the pricing appears arbitrary. It doesn’t step down a price level anymore if no one buys it the closer it gets to end time, like at GoDaddy.
And again – why are they appearing on the available list? So, we can try to make rhyme and reason out of pricing discrepancies? So that the current domain holder can stay in the loop and make an educated assessment as to whether to renew or not?
Generally, Name Silo is pretty transparent about its policies. Not so here – they say something about it being based on past sales and age, etc., but that 4 letter domains dated back to 1997. So, can someone explain the deal to me? Thanks in advance for enlightening me - and sorry so long.
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