Opinions on sales data

[equity78]

I was having this discussion with someone who was in agreement with this line of thinking and wanted everyone's opinion.

When Looking at the weekly sales report I place much more emphasis on sales at Afternic,Sedo,Moniker,Forums, wherever else vs sales at snapnames. I see the sales at Snap names as more of an anomaly and not indicative of the overall sales environment. It seems there are a few that dictate the flow at snapnames and it is devoid of common sense.

So do you think of all the sales the same or do you factor out the snapnames sales?

 

[gazzip]

So do you think of all the sales the same or do you factor out the snapnames sales?

I do see them as different in a way, yes bidding wars do occur there on a very regular basis but there are also loads of great names that go for very decent prices - probably far less than what you, I and others here would want or expect to sell it for to an end user.

If you have the budget to be able to sit on a name you paid x,xxx for and can afford to wait up to 10 years until an enduser buys for mid xx,xxx then why not ? some will pay big time some won't. (assuming you are interested in selling and not just parking)


I can only imagine that some of these large spenders look and buy so many that they probably make a few more bad judgements than someone buying on a far far smaller scale.

I love to follow what they go for but yes, I often wonder if there is more going on behind the scenes ??

.

 

[DOMiNIC]

Great Post Equity, A subject of worthy discussion.

I did research the buyers whois details every week for several months, of sales reported at DNjournal.

Peolpe often comment about $x,xxx sales of a three word crappy sounding domains, as though it is an indication of the value of all of our three word crappy sounding domains.

The truth is that most of the three word crappy sounding domain sales were domains with traffic, back links, page rank etc. sold by snap names. They were not bought for the value of the domain alone.

I pay far more attention to the end user sales via Moniker/Sedo/Afternic especially if the whois does not mention Vertical Axis - South Korea or Name Administration - Grand Cayman.

 

[Chappy]

I have been puzzled by Snapnames prices for a while now. They can only be a good thing for the rest of us who own LLL portfolios, but still they are unusually high.

Yes I would exclude them from any analysis (or adjust them down by a factor). It's a shame, because a large quantity of sales data comes from Snapnames and hence without them there is not much to analyze!

 

[StrictlyNames]

I definitely put them (Snapnames) in a class by themselves when doing analysis.

But the weird thing is... these buyers are (for the most part) resellers, supposedly buying at reseller prices.

What does that say for our portfolios and price expectations? Are we asking and expecting too little? Are we just in too much of a hurry to "make a deal".

Patience is key if you want to make a substantial profit in my opinion.

- where can I pick up some of that patience?

Great post.

Dave

 

[DOMiNIC]

But the weird thing is... these buyers are (for the most part) resellers, supposedly buying at reseller prices.


Great post.

Dave

Name Administration 'CLAIM' they do not sell their domain names.

Makes you wonder why they buy so many with little traffic.

I guess the answer lies with their ownership of Munky.com

 

[equity78]

I noticed Duke voted No, Duke I would love to hear your comments on this since you have mor eknowledge than anyone IMO. I just look at it as there are names that have dropped where I know the guy who let the name dropped and someone pays $1,000 for it and he shows me his SEDO stats where for a year the domain never had more than 20 type ins in a month and for the two years he owned it there were no bids. Other people have said the same thing they let a domain drop that made no ppc, no offers for the domain and on snap it goes for $750. I just place them in another category not saying I am right but things like that whole *****world.com those were all that valuable? why did so many drop then I just think snap sales in a category of their own.

 

[Ron Jackson]

I noticed Duke voted No, Duke I would love to hear your comments on this since you have mor eknowledge than anyone IMO. I just look at it as there are names that have dropped where I know the guy who let the name dropped and someone pays $1,000 for it and he shows me his SEDO stats where for a year the domain never had more than 20 type ins in a month and for the two years he owned it there were no bids. Other people have said the same thing they let a domain drop that made no ppc, no offers for the domain and on snap it goes for $750. I just place them in another category not saying I am right but things like that whole *****world.com those were all that valuable? why did so many drop then I just think snap sales in a category of their own.

I just felt sorry for the "No" side because it was getting clobbered.

I understand your point, but I'm venue agnostic when it comes to sales. A dollar spent at SnapNames is worth the same as a dollar spent anywhere else. The prices paid don't always look like they make sense but someone was willing to pay that amount and that is always the bottom line (a domain is worth what someone is willing to pay for it).

 

[equity78]

Oh I agree Duke that is what value is and I thank you for getting back I think everyone here learns from all the hard work you put in with the sales report. I just look that end user sales have sucha wide audience and snap seems to be dominated by a handful of people skewing results.

 

[DOMiNIC]

Although I voted yes in the poll, I don't see Snap Names and the few few big players in a negative light.

The more crap low traffic names that sell for four figures the better for all of us in the end.

 

[gazzip]

I wish those x,xxx buyers were visit sedo more often :td:

Here's a few that went for under 1000 all .coms
(if anyone would like me to remove any of these send me a PM )

Some of these had some nice incoming links too

eurolife - $ 850
bluedive - 955
weatherpoint - 951
dubaihomeloan - 115
dubai-hotel - 127
gameshed - 220
hoyel - 270 (poss typo for hotel.com)
dubaimarketing - 90
cruiseland - 376
flexmuscle - 71
cityescorts - 925
eplane - 935
s-v - 525


.

 

[fonzie_007]

SN's prices always seem to be more elevated. I don't see a whole lot of reason considering them with equal weight, at least for a seller. After all, no one can sell their names at SN's so sales at SN's really aren't as applicable as sales elsewhere. The prices at SN may give an indication of how much a person is willing to spend for a particular name, but it doesn't give you a forum to sell your domain to the people who are bidding in SN's auctions.

 

[gazzip]

More elevated than where ? Afternic - Sedo - TDnam - great Domains ?

.

 

[equity78]

Dom I do not look at them in a negative light either, I was just commenting from a seller perspective on value. Meaning a friend of mine said I am going to let a domain drop and if I see it go for $2000 On snap I am going to flip. I said I would not, because you know you have not been able to sell for $50 in a forum, and it gets no traffic or have any links. So don't get upset Snap is not indicative of your domains value

 

[DOMiNIC]

Dom I do not look at them in a negative light either, I was just commenting from a seller perspective on value. Meaning a friend of mine said I am going to let a domain drop and if I see it go for $2000 On snap I am going to flip. I said I would not, because you know you have not been able to sell for $50 in a forum, and it gets no traffic or have any links. So don't get upset Snap is not indicative of your domains value

What I'm trying to say is I look at them in a different way, but not in a negative way.

In fact I think Snap Name sales prices are often very low, considering links etc.

I used to have a file of all Dnjournal sales for several weeks containingt the whois, ovt, archive history etc. but I can't find it. It was very enlightning.

 

[Premium]

It's common and basic sense.

Domainers with a HUGE budget and a lot of spare time will spend WAY more than they normally would at a drop auction. They get so caught up in the bidding, they have to win, and that's usually when you see HUGE sales for names that are GOOD but just not that GOOD. :gl:

We all have to agree that when we get bidding, we do the same thing, but thanks to our small pockets, we are safe!!! :tu: :hehe:

My point of view shared by at least 1 other person. :lol: