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Onions.com sold to enduser

Labeled as .com in Domain Selling and Domain Sales started by Riz M., Apr 4, 2019.

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  1. WordMills

    WordMills New Member

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    Isn't it true that if you forward a web page, it won't get picked up by search? Onions.com, on the other hand, will be found - either by type-in traffic or by search requests. In fact Google now doesn't distinguish between them.

    I like the idea of an educational page. How else could Onions.com be linked to Vidalia's main site?
     
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  2. EbookLover

    EbookLover Top Member VIP ★★★★★★★★★★

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    I agree from an SEO standpoint that the domain be developed with links to your money site.

    Probably like a cooking-related site.

    I think a domain like Onions.com would be best suited as a brand rather than a site that sells onions.

    I can also see it as a successful gardening site or a site devoted to small market growers.

    I would think that selling onions online isn't super-lucrative. But maybe I am wrong?

    I guess people will buy anything online these days. Personally, I grow my own. One of the easiest things to grow.
     
    Last edited: Apr 8, 2019
  3. Mister Funsky

    Mister Funsky Top Member VIP

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    Man, I can taste them now...simply the best onions on the planet. As a young boy I would take a 12 hour road trip (round trip) with my father to get the onions once they were harvested and sold in Georgia. He was an intense entrepreneur in the chemical, engineering and food industries. The only onion he would use (once in season) in his restaurants or frozen food business was the Vidalia.

    A slab of butter and a little olive oil to prevent the butter from premature browning is all you need...I would love a plate full now!

    Congrats on the transaction...wish I had seen the auction!
     
  4. Recons.Com

    Recons.Com Top Member VIP

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    Make it fun educational page with lots or recipes, info, contests etc.

    On top with the logo put Onions.com by Vidalia (clickable)

    And then in each article info page etc. mention Vidalia onions and why they are special linking to your page where this info is located.
     
  5. Soofi

    Soofi DomainX™ PRO VIP ★★★★★★★★★★

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    He’s dominating the market with Onions.com without leaving a room for competitor to jump on it. Plus, an opportunity to grow his business to selling “all types of onions”.

    Thinking ahead of the game!
     
  6. Recons.Com

    Recons.Com Top Member VIP

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    I don't believe he is.

    He had opportunity to buy it cheap paying under 20K, and yet he risked until it sold to him at loss. He got lucky that a 5% chance probability played out, 95% that it would end up with a reseller that would put 6 figure price sticker minimum, or get developed as unrelated brandable (news, tech, security, recipes etc.) and is no longer for sale or, worse, with a competitor.

    So, he has shown frugality and being reasonable (as I have seen business owners that don't see value in their exact acronym .com), but he has not demonstrated being a visionary here.
     
    Last edited: Apr 8, 2019
  7. Soofi

    Soofi DomainX™ PRO VIP ★★★★★★★★★★

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    You have an opinion, and I respect that, but...

    I believe he did what he planned to do, and was probably taking a chance by trying to acquire at low price point. Or who knows, getting ready while raising funds to get his hands on this gem. Remember, its 5 figure sum that was spent and not your/mine peanut butter money which definitely takes time for someone to shell out.

    You and I, very well can argue/debate over what was going on his mind or what he was thinking while he pursued the domain name but it eventually played out for him. That's all that matters at the end ;)
     
  8. Recons.Com

    Recons.Com Top Member VIP

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    That is not how decision-making works.

    If there was 10% of success and 90% of failure with option 1 and you still went with it and it worked, it was still wrong decision. And if you chose 90% success option 2 and it did not work out, it was still a right decision.

    When he was offered the name for slightly higher, he should have taken it. If I am samsung and I am offered phones.com or I am hilton and am offered hotels.com (assuming it did not already sell for 8 figures) for a bargain price, I don't haggle and say no for a great wholesale price hoping for 5% chance that I will buy it at throwaway price.
     
  9. Soofi

    Soofi DomainX™ PRO VIP ★★★★★★★★★★

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    You are still ASSUMING a lot of things here. And I'll let you do that :)
     
  10. Recons.Com

    Recons.Com Top Member VIP

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    You are too kind :) Just like a sufi should be ))
     
  11. EbookLover

    EbookLover Top Member VIP ★★★★★★★★★★

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    Keyword research alone on the word "onions" does not reveal to me the high price like hotels or phones do.

    "Onions" gets 91K searches a month but "buy onions" only gets 320. It's really not that big of an online market like phones and hotels (millions of monthly searches each). Most likely, people searching for "onions" aren't even looking to buy onions, just info of various kinds. This is evident to me from the first page of results.

    Google shows not only relevant results but results people are historically looking for when searching that term (measured by historical clicks on results for the keyword). Google would show onion sellers if that's what the bulk of people searching for onions were looking for when searching "onions". But that's not what you see in the results.

    And of the people that are looking to buy when searching only "onions", many may be looking for onion sets or seeds to buy to grow their own, which is a rather large market (gardening and market gardening, that is).

    When you look at it this way, onions.com may not be worth as much to an onion vendor/grower as many other one-word product, "category-killer" domains.

    The price paid is probably market value, at least to the specific buyer, an onion grower/seller.
     
    Last edited: Apr 8, 2019
  12. carob

    carob Top Member VIP ★★★★★★★★★★

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    Sometimes someone buys a domain just because they really, really like it.
     
  13. Recons.Com

    Recons.Com Top Member VIP

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    Google search is not everything for market potential. I assume billions worth onions are sold annually around the world.

    The company has a line of the product that is tear-free. If he manages to get even 1% of the market, it is worth tens of millions a year in revenue. Having onions.com provides instant credibility, authority, reputation and huge marketing potential. If he spends 1MM annually marketing (or will get to that level) and onions.com can help amplify the message by 10% extra, that is worth 100K/year to him.

    But it sounds like he was not sure how to use the name and with the right idea might have valuated it much higher and might have grabbed it at the time of original offering.
     
  14. Peter Askew

    Peter Askew Domainer developer ICA Member VIP ★★★★★★★★★★

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    This is correct. At first, the domain didn't make sense for me to own, as my business is quite niche. But as we've grown over the years, the domain became more attractive from a defensive standpoint. If anyone might compete against me, they could operate off of Onions.com/Vidalia, which is an equally strong brand. So I decided to remove that option from the playing board. And now I'm investigating ways to leverage Onions.com from a software side for onion farmers in general. Not sure it'll go anywhere, but gonna dig a little and see where that rabbit hole goes.
     
  15. Peter Askew

    Peter Askew Domainer developer ICA Member VIP ★★★★★★★★★★

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    Yup on this.
     
  16. EbookLover

    EbookLover Top Member VIP ★★★★★★★★★★

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    Very punny :ROFL:
     
  17. Peter Askew

    Peter Askew Domainer developer ICA Member VIP ★★★★★★★★★★

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  18. EbookLover

    EbookLover Top Member VIP ★★★★★★★★★★

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    @eightturn I take it you own vidalia (dot) com

    Why is it not updated both content and technology wise? Looks like it was made in 1999. :)

    Not meant to offend, just wondering. It seems to give no value to your brand or the user.
     
  19. Kate

    Kate Domainosaurus Rex VIP ★★★★★★★★★★

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    I always think of Tor when I see mention of onion and Vidalia :xf.smile:
     
  20. Peter Askew

    Peter Askew Domainer developer ICA Member VIP ★★★★★★★★★★

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    Just for the record, I originally had zero interest in the domain. I wasn't playing a game for a lower price. I just didn't want it (at that time).

    As the years passed, I began to realize how important the name was, so that lead me to reach out to the owner.
     
    Last edited: Apr 8, 2019
  21. Peter Askew

    Peter Askew Domainer developer ICA Member VIP ★★★★★★★★★★

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    I don't own Vidalia dot com. I believe that asset is now owned by the Gates Foundation when they acquired 2 farms in the region. (see the previous news article I posted). They prob don't realize they own it - hence the junky website.
     
  22. EbookLover

    EbookLover Top Member VIP ★★★★★★★★★★

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    I thought "Vidalia", as it refers to onions, was trademarked by your company/organization.
    I also though Vidalia Onions were a hybrid owned by your company.

    My bad.
     
  23. biggie

    biggie Top Member VIP ★★★★★★★★★★

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    gonna put some onions in with my filet mignon steak today
    with some baked garlic buttered potatoes and broccoli

    along with a few slices of homey-made garlic bread

    yum, yum

    imo...
     
  24. Recons.Com

    Recons.Com Top Member VIP

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    Thank you for the honesty! That is what I thought believing that you are a shrewd businessman. From what I have experienced, being shrewd in business doesn't automatically come with appreciation of web potential. That requires certain exposure. Good look with your endeavors!
     
  25. Peter Askew

    Peter Askew Domainer developer ICA Member VIP ★★★★★★★★★★

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    The term 'Vidalia Onion' is trademarked by the vidalia onion farmers committee.. They basically protect the name to make sure someone growing sweet onions in, say, Texas doesn't try to pass them off as Vidalias (vidalias can only be grown in Georgia). When I started this project, I went down & met with with committee and got their blessing to use the name (trademark wise), and then partnered up with M&T Farms. And yes, I bought the domain first (a gamble), then got their blessing to use. Was a risky move that ultimately worked out.

    There are several types of sweet onions, Vidalia being one. Others include Texas 1015, Maui Sweets, Walla Walla, and others. Peru sweet onions have recently entered the market, and are quite good (if you like Vidalias and want to try something else in our off-season).
     

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