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Need Some Advice on How to Best List my Domain Names in GoDaddy Auction

Located in Domain Marketplace Reviews, started by runtown, May 29, 2020

Replies:
4
Views:
299

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Is it right to set a reserve price for your domains in GoDaddy auction?

Poll closed Jun 1, 2020.
  1. Yes

    0 votes
    0.0%
  2. No

    2 votes
    100.0%
Total: 2 vote(s)
  1. runtown

    runtown Established Member

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    Please I need some advice on how to best list my domain names in GoDaddy auction for it to be among the most active. Is it also advisable to set a reserve price?

    Thanks in advance.
     
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  2. equity78

    equity78 Top Member TheDomains Staff TLDInvestors.com PRO VIP ★★★★★★★★★★

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    Reserve prices on GoDaddy auctions cost you $4.99 per auction.
     
  3. AEProgram

    AEProgram Top Contributor VIP Blue Account

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    setting reserves will usually result in poor action unless the name is amazing (few such names).
     
  4. runtown

    runtown Established Member

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    Yes, but is it advisable to spend such money?
     
  5. equity78

    equity78 Top Member TheDomains Staff TLDInvestors.com PRO VIP ★★★★★★★★★★

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    I would say probably not, most domain investors avoid public auctions with reserves, they will buy expired auctions, no reserve, and they will get the name. Most think people are just playing games with reserves on bad names.

    I mean if you had a LLL.com sure try it with a reserve, spend $4.99 see that's what GoDaddy realized, if you are going to play games we are going to get paid.

    Like this auction, https://auctions.godaddy.com/trpItemListing.aspx?miid=326028138

    No one believes those bids are real, GoDaddy got $4.99 and it will never reach reserve. Is $4.99 worth promoting nonsense? Up to the individual owner.
     

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