My problem in the past was owning too many names, and not managing them properly. It has cost me a lot of money in lost potential. I think my personal limit is 100 decent names, and I should limit myself to that. This means that I should clear down my current names to around 50, and look for some new ones to hold into the future.
As I mentioned elsewhere, I'm customising an auction script to list the names, and I think I've got 3 categories. I've got names that I want to keep like G8S.com, and I'll put a BIN of £50,000 on those because I don't really want to sell them. I've got others that I'll sell if the price is right, so what do I do with those? Do I put an overpriced BIN of (say) £10,000, and use the auction format to start at £25 with a one-year action, but with an offer to close early section. What would your reaction be to an auction of a name that is worth around £250 but has a BIN of £10,000, would you walk away, or would you try an offer based on the £25 start price.
The third category consists of names that I would like to sell, and there are numerous threads about those on NP, so they don't need any discussion.
As I mentioned elsewhere, I'm customising an auction script to list the names, and I think I've got 3 categories. I've got names that I want to keep like G8S.com, and I'll put a BIN of £50,000 on those because I don't really want to sell them. I've got others that I'll sell if the price is right, so what do I do with those? Do I put an overpriced BIN of (say) £10,000, and use the auction format to start at £25 with a one-year action, but with an offer to close early section. What would your reaction be to an auction of a name that is worth around £250 but has a BIN of £10,000, would you walk away, or would you try an offer based on the £25 start price.
The third category consists of names that I would like to sell, and there are numerous threads about those on NP, so they don't need any discussion.
