Sedo & Afternic Sales on DnJournal.com

[VisualArtistFrankBonilla]

I am just curious about the domains www.Sedo.com and www.Afternic.com have sold, and have made it on www.DnJournal.com. See below:

http://www.dnjournal.com/archive/domainsales/2005-expanded-ytd.htm

Does anyone know if these domains were listed on Sedo's "Featured Domains" , or Afternic's "Featured Listing's, or Showcase Domains". Or, are people searching thru all the domains at each site to buy these? Or are these being sold by marketing done by Sedo and Afternic?

Thanks for any input

Frank

 

[Grrilla]

Great question and one that I'd love to see answered by the actual parties involved, although I doubt that there will be people lining up to volunteer the inside scoop on their transactions.

My first impression while going down the list is that most of these names have attributes that have drawn in serious and motivated buyer/s and, in essence, have sold themselves. My guess is that very little marketing was involved other than advertising them in featured listings to help gain some visibility, as a means of formally announcing that the name is now available or, perhaps, to act as a catalyst to aid in accelerating some interest. A successful promotion of a *premium* name by advertising in the featured listing section would not necesarily insure the success of a similar approach for a "good", but non-premium name. The name is the thing but even a great name that is heavily marketed won't move if the conditions aren't right.

The names that I have listed in the featured section at Sedo received a spike in the # of visits, but did not sell. After the featured listing ended, there were a couple of months of residual traffic that gradually decreased until the visits went back to about where they had been before the listing- perhaps, a bit above. I know that this kind of non-specific answer is not what you are looking for. Hopefully, someone who has been there or has direct knowledge about the inside story of one of these sales will read this and have some specific info to offer. If so, I'll be all ears.

 

[Jeff]

Does anyone know if these domains were listed on Sedo's "Featured Domains" , or Afternic's "Featured Listing's, or Showcase Domains". Or, are people searching thru all the domains at each site to buy these? Or are these being sold by marketing done by Sedo and Afternic?

Thanks for any input

Good questions, Frank ... due to the relative higher amounts , I guess I've always figured most of these were specifically targeted sales (to End user suitors, for a fee), IMHO's. Perhaps "Featured Listings" did, indeed, work on some occassions, however (we often read how ineffective these paid-for placements have been across both venues, generally speaking) ... which would be good news! :talk:

DNJournal.com:

As always, we welcome all verifiable sales reports from companies, private sellers or individuals with knowledge of an important sale made through any channel. To contribute information and help make this column better, just drop a note to [email protected].

Duke, I've meant to ask ... how are sales verified with respect to Sedo and Afternic? Is it a similar verification process for other companies, private sellers, and/or individuals ... or is more information required in some of these cases? :gl:
The DNJ is obviously an invaluable tool for all domainers, so appreciate the insight.
Thanks, kindly and Happy New Year!
-Jeff

 

[Grrilla]

due to the relative higher amounts , I guess I've always figured most of these were specifically targeted sales (to End user suitors, for a fee), IMHO's.

Jeff, is your thinking that the majority of high end sales are proactively marketed by brokers? My thinking was that the names were the draw and that the brokers came into the picture to negotiate the sale, but I could be off, in that regard, having none been there, *yet*. :hehe:

 

[VisualArtistFrankBonilla]

Grrilla and Jeff, thanks for your replys. You both hit on exactly what I am thinking. We always hear what a waste of money it is to have your domain featured at sites like Sedo and Afternic . At Afternic, it is required to have an appraisal done, to have your domain featured. But, how about a name like Fish.com ? Was it featured at Afternic? Did that gice it exposure, and help sell it?

I agree 100% with you Grrilla, it depends on the domain name. No sense wasting money on a "average" name. But, if it is one of those which you really think is good, is it worth it? Will it help you get your domain on www.DnJournal.com?

Jeff, thanks for trying to find out further information. Hopefully, this will help Namepros members about how people get their names sold, and on DnJournal!!

Frank :sold:

 

[Jeff]

Jeff, thanks for trying to find out further information. Hopefully, this will help Namepros members about how people get their names sold, and on DnJournal!!

Righto, and thanks for the thread Frank! :gl:

Hoping Duke is in the house ... :talk:
See you soon.
-Jeff

 

[AdoptableDomains]

I think most high profile sales are cases where the buyer has a business idea, sees the name is taken, finds no reasonable alternatives, and then just finds out where they are listed for sale by visiting the site or the whois.

I just don't see people browsing a list at sedo or afternic and suddenly thinking they need to spend 5 to 7 figures to acquire the domain. Maybe for $300 domain, but not the big sales. I have sold a few domains by doing active marketing, but you also risk your fair use status, timing issues, and getting the right person to make a decision.

I would guess the best course would be patience for the right timing and buyer to come along. Making sure the domain is highly visible as available for sale on as many reputable sites as possible, Is optimized for parking to pay for the patience needed for the wait, and is visible to as many people in the industry as possible even if only partially developed. You are always in a better bargaining position when the buyer comes to you rather than you first contacting the potential buyer. It sets the tone of who needs who the most, which is this case they buyer wants what you have (the domain) rather than th seller wanting what the buyer has (money). The one with the strongest need will ususally get the better end of a negotiation deal.

 

[VisualArtistFrankBonilla]

Thanks

I think most high profile sales are cases where the buyer has a business idea, sees the name is taken, finds no reasonable alternatives, and then just finds out where they are listed for sale by visiting the site or the whois.

I just don't see people browsing a list at sedo or afternic and suddenly thinking they need to spend 5 to 7 figures to acquire the domain. Maybe for $300 domain, but not the big sales. I have sold a few domains by doing active marketing, but you also risk your fair use status, timing issues, and getting the right person to make a decision.

I would guess the best course would be patience for the right timing and buyer to come along. Making sure the domain is highly visible as available for sale on as many reputable sites as possible, Is optimized for parking to pay for the patience needed for the wait, and is visible to as many people in the industry as possible even if only partially developed. You are always in a better bargaining position when the buyer comes to you rather than you first contacting the potential buyer. It sets the tone of who needs who the most, which is this case they buyer wants what you have (the domain) rather than th seller wanting what the buyer has (money). The one with the strongest need will ususally get the better end of a negotiation deal.

Thanks Mark, for your input. You seem to have covered some other good points also. Maybe will all get this right some day, and get some big sales!!

Frank

 

[edwinfelix]

IMHO a lot of the good domain sales of done by the domain's owner contacting the right people. e.g. waterlesscookware.com is worth nothing to me, not even regfee. But the previous owner contacted the right ppl and sold it for $xxx.xx .