domain Please Appraise wallets.org

[shivap24]

Recent acquisition via sedo great domains. Please appraise without looking at the sedo sale price please.

 

[JoshHardman]

It's a very good domain name.
I would say around 6,000 USD

 

[shivap24]

Thanks, Acquired it for $5,499 .

 

[johname]

Bid history: http://sedo.com/auction/auction_his...d=114510&tracked=&partnerid=44657&language=us

If bidder 5 and 6 didnt fight it out so much it might have sold around 2-3k Which ill tag as its base value. Goodluck

 

[Sparhawke]

Thanks, Acquired it for $5,499 .

I think you might have overpaid at that, it is a very nice name all the same but I don't see you retiring on the profits but stranger things have happened :/

I would've put it myself at around 3-5k but if you get some good development action and visitors who knows what you could get?

 

[shivap24]

its on google top 10 for the keywod "wallets" with almost 1 million search a month.

Purses.org was sold for over 10k 4 months ago. I don't think I overpaid.

 

[thelanman]

I think you might have overpaid at that, it is a very nice name all the same but I don't see you retiring on the profits but stranger things have happened :/

I would've put it myself at around 3-5k but if you get some good development action and visitors who knows what you could get?

I agree. It is a good domain considering it is a .org

I don't think I would have duked it out that far but then again there are a ton of wallet companies and online one can have the .com

 

[johname]

Purses.org was sold for over 10k 4 months ago. I don't think I overpaid.

Purses are so much a fashion statement/accessorie. Women often have more than one, wallets are a few inches of leather we sit on all day and keep until they fall apart. But it is a nice name, goodluck with it.

 

[thelanman]

The velcro ones are not leather. Don't forget chain wallets too.

Could also be for other things too like CD wallets.

 

[firefly]

I agree with Johname.

2-3K is the base for this name...sorry but you overpaid. It can happen in a bidding situation. Maybe if you are lucky you will have the same thing happen for you if you put it up for auction.

 

[FragrantDomains]

I like as a play to save money or to be frugal. The PNC virtual wallet comes to mind.

 

[Krossat]

singular could be taken as a payment gateway or something.
As a .org selling wallets, ummm not too sure.
What did you have in mind when bidding upto 5k+ for it?
I wont put a value on it as I think you grossly overpaid, sorry.

 

[Kate]

Agree, seems like you overpaid for a product domain in .org.
Personally I would not even pay 2-3K.
Unless you intend to sell wallets like purses.org is doing.

 

[Dave]

Unfortunately I have to agree as well. Even 2k would be more than enough. I don't even see it in the first ten pages on Google let alone the top 10 results..

 

[nayfeee]

My opinion doesn't count for much as I am a relatively new to buying and selling domains but I'll give it anyway.

The difference between Purses and Wallets is the price of the item. Most women will gladly pay upwards of $1000 for a purse- and they tend to have more than one. How many men spend much more than $50 on a wallet?

That said I do like the domain, but unfortunately I think you would be lucky to get your money back on it without development.

Have to agree with everyone else, I'd say around $2k unless you find someone who very desperately wants it.

 

[Debt.tv]

Purses are so much a fashion statement/accessorie. Women often have more than one, wallets are a few inches of leather we sit on all day and keep until they fall apart. But it is a nice name, goodluck with it.

Agree 100%! My wife buys a different purse for every season. I hate buying wallets. One a year....maybe. And I'm not buying them online! I may see them on sale while I'm at the store.

 

[Andy09]

great deal ... but for the seller ...lol ... 5k+ is a steal for that .org ... and I agree with the market analysis on leather goods (purses vs wallets) ... wallets are not a so "recurrent" item ... definitely not an "impulse" buy like bags (and shoes) ...
and I'm talking about women wallets, cause for men is even worse ... like correctly "depicted" Johname.
chapeau to the seller, nice timing! :lala:
:wave:

 

[Sparhawke]

One thing you have got to be careful of a lot of the time are shill-bidders who will fight between each other to drive up the price of an auction, most of the time it is done so that people see a high history on something and get curious, this is why when you go into any auction setting in the world whether it is a pub auction or Sotheby's you have your top price in your head before you get to the floor and you stick with it. Even better is only to take the money you are willing to spend +10% for fees.

If you jump into an auction with 2 people have a figure in your head and drop out when it goes past, don't chase it just to win :p

Who knows though?

In a few years it could be worth a lot more to someone

 

[GiftedDomains]

you have your top price in your head before you get to the floor and you stick with it.

++

 

[Wuoshi]

A bit too much, but if you develop you can have the money back within 1 year or so. This is really depending on your ability to get the site to #1 in the serps.

There are only around 40.000 exact searches for "wallet" each month.