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Regrettable purchases...

Labeled as discuss in Domain Buying and Selling Discussion started by whenpillarsfall, Feb 11, 2019.

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  1. whenpillarsfall

    whenpillarsfall Top Member VIP

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    What's the worst purchase you've ever made? We've all been there, you spot an interesting domain in the final minutes of its auction, and before you know it you're in a bidding war and you care more about winning than the actual domain.

    I'm usually quite careful and simply don't bid on something until I've thought about it for a couple of days and done my research.

    However, I once bought toppu.com for about 300 bucks in an expiring auction. Certainly not a bad brandable, but not worth 300 dollars to a reseller. I didn't even particularly want it, I just didn't want to lose - a very dangerous mindset in an auction.

    I did sell it in the end, but only for about a third of what I paid for it. I could have held it and maybe got more, but the very fact I owned it annoyed me! Indeed, it wasn't the money that made it painful it was knowing I'd acted so irrationally. Even if I'd sold it for profit I'd still have hated that domain.
     
    Last edited: Feb 11, 2019
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  2. Crypto King

    Crypto King RFQ.com . Peculium.com . AngelLead.com . BVMI.com VIP

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    The first domain I ever bought was imgur.io. I registered it for 5 years and I still have it.
     
  3. Vowel

    Vowel Established Member

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    So whats the problem? Copyright?
    And how much u paid for it.
     
  4. whenpillarsfall

    whenpillarsfall Top Member VIP

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    Huge TM issue
     
  5. canswift

    canswift Upgraded Member Gold Account VIP ★★★★★★★★★★

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    At last, the whole story! I was following the auction for Toppu that you won. I lost interest after it went past my upper limit, around the $100 mark. I then saw your listing for the same name on NP, but you were asking less than I knew the auction had just sold it for. With most of the Whois info now being hidden, I didn't know who had won the auction or who was selling here. So I decided to steer clear, just in case.

    Oh darn! I know that the usual wisdom is that when something seems too good to be true, it isn't. But in this case it seems it was!
     
  6. whenpillarsfall

    whenpillarsfall Top Member VIP

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    Yup, it was classic domaining error 101. Stumble across a closing auction with some bids and... Well you know the rest.

    As I said, the domain's a perfectly good brandable, I just overpaid and didn't even really have an end user in mind. The guy that bought it off me in the end got a good deal and suspect he'll find a solid end user or even flip it for a small profit, but I just needed it out of my account :)
     
    Last edited: Feb 11, 2019
  7. barman

    barman Established Member

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    I won a domain at auction for $200 [word]skys.com and then I realized that's not how your pluralize sky (it's skies) 🤦‍♀️
     
  8. urlurl

    urlurl Top Member VIP

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    Nurish Food . com

    spelled wrong, oops!

    good thing i was only out $12
     
  9. canswift

    canswift Upgraded Member Gold Account VIP ★★★★★★★★★★

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    Yes, I think do know the rest (some of it at least!). A couple of years ago I came upon a GD closeout, WeddingMusican.com , registered for around 14 years. I couldn't believe my luck as I knew this would be a highly searched field. Ca-ching, and I bought it.Then I finally got around to checking the spelling, and of course it was Musican, not Musician!

    I was so annoyed with myself for this basic error that I immediately gave it away for free on NP. I just didn't want to see it in my account everyday...
     
  10. BrandsOpen

    BrandsOpen Upgraded Member Gold Account

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    I've handregged a handful of crappy names, but I'm glad I didn't pay much for those. Still have doubts whether $90 for MoneyMug/com was such a great idea or not. But there were quite a few bidders, and I probably got caught up in the "money".

    I could sell mugs, but who else than Barry's ugly mug would buy them. Eventually, I'd probably get mugged off anyway.

    [​IMG]
     
  11. Raghav Nehra

    Raghav Nehra Established Member

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    I am a huge fan of Roger Federer. So the first domain i bought for reselling was FedererPro.com (didnt know anything about domaining back then)
     
  12. Bohdan

    Bohdan Established Member

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    iphone7.red - was the one of my first domains. I didn't know much about domaining and I thought I'll sell it to some online shop.
     
  13. 4better

    4better Established Domainer VIP

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    I guess I'll have to remind myself always that thinking before acting is sanity but acting before thinking is insanity.
     
  14. Zilla

    Zilla Grabdot.com VIP ★★★★★★★★★★

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    I bought a name here for $100, 1-2 month left for renew, I finally decide drop it, given I just lost confidence on that name...the mistake or lesson learn is, before purchase, do more homework and research....and dont buy the unfamiliar industry or unfamiliar extention, which easy for wrong judgement...

    I have lots similar case, I just have to remind myself again and again, control yourself, spend the cash carefully...
     
    Last edited: Feb 23, 2019
  15. Zilla

    Zilla Grabdot.com VIP ★★★★★★★★★★

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    another case is, before u purchase, look for alternative first....

    I want bulid a small audio site some time I want keywords is mp3, I always be a .io fan, so, I checked mp3*io, it priced 5000USD, not bad....

    then, I almost decide to pay, but finally not go, may be 5k is a fair price, but given I just bought it for fun, seems not really necessary.

    and finally , I got mp3*cat, only 10$ first year, may be 20/30 for renew....I like it very much, I like it with a .cat, it give me a fun/relax feel to work or enjoy mp3, music, audio.....quite fit my requirement even better...

    so, it is another story....in other side....if I really bought .io version for 5k, I may can not enjoy the fun while think it cost me 5k...
     
    Last edited: Feb 23, 2019
  16. FavourB

    FavourB Established Member

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    my worst domain i bought was houstontexasroofingcompany.com
    i was just new to domaining then, when i tried to sell i was turned to a laughing stock, i was told it will never sell
     

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