.tv No conspiracy theories needed

[domainacrobat]

I think this whole conspiracy theory about Demand Media trying to squeeze more money out of customers is just getting a little crazy. I have yet to comment on one of these threads complaining about DM until now. I am curious, since everyone here is up in arms the way Demand Media is handling the "premiums" How would you have conducted the re-release of the premium names?

You have to take into account alot of factors, I mean the demand for these names must be pretty high. What do you do when you receive 100 requests for the same name? How do you price it when you are getting unsolicited offers from companies and domainers willing to pay 10 times the initial asking price? IMO the only way to make it fair is set a minimum, then set a BIN price that is higher than the highest offer. If you have gotten offers over a certain amount you definately want to set a minimum to keep others from lowballing and wasting their time. You also want to allow the vast majority of customers the oppertunity to enter into bidding. If you set a low BIN then someone will come in and BIN. Then there would be an outcry, people will say "Well thats not fair, it sold before I even saw it was for sale! If I had seen it I would have paid more for it! Why didnt you let me offer more?"

You know thats the truth, there is always somone to complain no matter what you do. I think the names they have sold already were to people who saw the $25k price tag (or whatever BIN was) and said sure I'll buy that! No conspiracy needed. BIN most likely used. I think they intend on releasing them all, but some are selling at the BIN prices.

So thats my thoughts on the whole thing. I'm not one who is quick to point the finger. So we will see on May 1st.

How would you have run the re-release?

 

[TheBulldog]

Simple, I would have done an auction through Sedo, or Afternic. Set the floor price and let them handle the headaches.

In fact, the marketing on it would have been great as well.
"The Official TV Premiere Release Auction".

I also would not have rediculous starting prices. If the name is worth it, it will go that high anyway.

Finally, as a business person I can say that I would probably do it like they are doing it....at first. I would send out the same type of notices and see if I get any takers right away. Then I would send the rest of the mess to an auction house and let them deal with it.

 

[MillersCrossing]

I think this whole conspiracy theory about Demand Media trying to squeeze more money out of customers is just getting a little crazy. I have yet to comment on one of these threads complaining about DM until now. I am curious, since everyone here is up in arms the way Demand Media is handling the "premiums" How would you have conducted the re-release of the premium names?

You have to take into account alot of factors, I mean the demand for these names must be pretty high. What do you do when you receive 100 requests for the same name? How do you price it when you are getting unsolicited offers from companies and domainers willing to pay 10 times the initial asking price? IMO the only way to make it fair is set a minimum, then set a BIN price that is higher than the highest offer. If you have gotten offers over a certain amount you definately want to set a minimum to keep others from lowballing and wasting their time. You also want to allow the vast majority of customers the oppertunity to enter into bidding. If you set a low BIN then someone will come in and BIN. Then there would be an outcry, people will say "Well thats not fair, it sold before I even saw it was for sale! If I had seen it I would have paid more for it! Why didnt you let me offer more?"

You know thats the truth, there is always somone to complain no matter what you do. I think the names they have sold already were to people who saw the $25k price tag (or whatever BIN was) and said sure I'll buy that! No conspiracy needed. BIN most likely used. I think they intend on releasing them all, but some are selling at the BIN prices.

So thats my thoughts on the whole thing. I'm not one who is quick to point the finger. So we will see on May 1st.

How would you have run the re-release?

That is correct.

As you know I have been critical of DM on certain issues, but I do agree going in high and gradualy coming down to a level where someone will buy it, is not only equitable, but also determines true market value.

Otherwise, it truly is a free for all, and whomever would have gotten the name would have felt the heat of suspicion as to why they of all bidders walked away with the name......

This way, any bidder who ends up with the name will probably be able to say "because I offered the most"......on this DM have done the right thing......

 

[equity78]

You have to take into account alot of factors, I mean the demand for these names must be pretty high. What do you do when you receive 100 requests for the same name? How do you price it when you are getting unsolicited offers from companies and domainers willing to pay 10 times the initial asking price? IMO the only way to make it fair is set a minimum, then set a BIN price that is higher than the highest offer. If you have gotten offers over a certain amount you definately want to set a minimum to keep others from lowballing and wasting their time. You also want to allow the vast majority of customers the oppertunity to enter into bidding. If you set a low BIN then someone will come in and BIN. Then there would be an outcry, people will say "Well thats not fair, it sold before I even saw it was for sale! If I had seen it I would have paid more for it! Why didnt you let me offer more?"

There is no proof of any of that people willing to pay 10 times? no proof of that at all, 100 interested in a name agian no proof of that all and a majority of these domains will get no interest these are not new domains all been available since 99/00

 

[domainacrobat]

There is no proof of any of that people willing to pay 10 times? no proof of that at all, 100 interested in a name agian no proof of that all and a majority of these domains will get no interest these are not new domains all been available since 99/00

Equity78 you are correct, but there is no proof there arent. So if you want to argue that point I can argue the same thing.

Second, I am certain there has to be at least one name that received many requests, can we agree on that? I think we can. As a company they must have some sort of unifomity within their sales policy. So if they sell one name in that format they should sell the rest in the same format as well. Some names will not have had any requests but they probably will conduct the sale in the same manner IMO.

 

[equity78]

I think its like antonis said in another thread a bunch of people here filled out of a lot of forms and they thought great we have interest. I know people who filled out forms for 500 domains they have interest in 1 or 2

But from all the interest here hopefully next auction more than 3 domains will sell

again this is not like .mobi with the registry reserving domains these domains were available for years Thankfully for the members here last year they got 70 % off