seeker said:
After an auction has ended, the buyer is supposed to be within 10 working days right?
What happens if they haven't paid within this time?
Does Sedo do something about it?
Hi seeker,
Ten days is the standard time frame, although it varies based on the transaction, and also is at the discretion of the seller and the transfer agent. In all cases, the buyer is
supposed to remit the payment within five days of the agreement. Essentially, this means the buyer should - by that time - either have notified Sedo that the funds are on the way, or given a satisfactory explanation of the delay.
Your best option is to speak with your transfer agent about your options and any actions that may be taken in regards to the buyer.
Andro said:
Keith, when you answer for my last questions, please also explain how negotiation exactly go. How is it that there are many bids for one bidder and they go still high, in this way if I want a higer bid and I don't get it I will not have to sell it. So I dont understand that when an auction starts, a domain will have to be sold. And expecially about a reserve price and others prices, how I have asked before.
A seller may entertain offers from multiple buyers through the standard marketplace. Each offer starts a private negotiation thread. Once either party in any private thread accepts an offer or counter-offer they have received, all other bid threads are cancelled, and a transaction is started.
A domain price listing can be looked at as an invitation to make offers, without an associated obligation to sell at any price.
In the case of auctions, a seller may receive offers from multiple buyers, but because it is a public auction, it has a predetermined reserve, has a limited timeframe, and the seller is bound to sell the domain if the reserve has been met.
A reserve is a starting point, but indicates the price threshold at which a domain will be sold. A reserve is an agreement to sell the domain for that price (at the minimum) or the highest offer price.
If you are not sure you wish to sell the domain at that time, you may want to avoid starting auctions with offers you receive. Using the negotiation process will allow you much more freedom in your options, but may not stimulate as much bidding activity.
Varon said:
Keith, I have just one question. What does it take to get beyond the standard 2-3 cent clicks at Sedo? I have a few domains at Sedo and have tried every possible relevant keyword for my domain and yet never gone past the 5 cent mark. As a result, I make sure that all my good domains stay clear of Sedo and have only retained some domains at Sedo which have traffic from Eastern Europe. Honestly, I don't like doing it, but you have to shed light on the pathetic RPC being dished out to domainers.
I can really not believe Google paying Sedo such low rates for the keywords I have tried out. Why? Because my friend has a few of his campaigns show up on Sedo and he mentions paying Google well above 25 cents for each click. Now how that ends up as 3 cents to the domainer is a mystery. Its either Google keeping a bigger cut or Sedo doing the same.
My bottom line is, it doesn't matter that you add fancy new features like country specific keyword targeting etc, unless you can pay better rates to your domainers. Honestly, whats the point of adding keywords to each country, when all you still end up getting is 2 cents?
Your comments would be highly appreciated. Please do excuse my frustration, but as you understand, I have put in around 300-400 hrs researching the Sedo system and trying out various optimizing techniques to no avail.
Hi Varon,
I am certainly not an optimization expert. I'm certainly available for feedback and support in optimization and making the most of the parking program, but if you are having difficulty with it, you may want to consider applying for SedoPro (unless you already are a SedoPro member; in that case, you should get in touch with your account rep).
There are a few helpful resources I can send your way, though:
The first is Sedo's guide to choosing keywords for domains. This can be found via the following link:
http://www.sedo.com/member/ChoosingKeywords.pdf
The second, although intended for SedoPro clients, is also helpful for understanding how to make the most out of the domains you have parked and traffic you receive. Please check that out with the link below:
http://www.sedopro.com/ProManual.pdf
You can also send me a PM with your account info, and I can take a look to see if there are any larger issues that may be causing a problem.
Take care all!
Always,
Keith
Hi Everyone,
As a quick note, we've been informed that dotMobi has decided to postpone the re-scheduled third Premium .MOBI Auction (it was supposed to start on January 23, 2008). I don't have much more information than that so I won't have answers to many questions that may arise, but I will certainly let you know as I'm able.
On a brighter note, though:
Sedo’s first GreatDomains auction of 2008 kicked off this Thursday, January 17, and features highly sought after domains such as flats.com, Indian.com, latest.com, test.net and other one-word premium domains. This will be Sedo’s first GreatDomains auction since December’s record-shattering auction that featured 308 bidders from 42 different countries who bid on domains like via.com, which closed at $157,500, and click.net, which closed at $56,000. The total dollar amount of the auction neared the $1.7 million mark thanks in part to other domains such as chica.com ($41,000) and fattuesday.com ($16,500).
Thursday’s auction will run for a week, ending on January 24. For a complete list of available domains, please visit:
http://greatdomains.com/search/searchresult.php4?auctionevent=Greatdomains
Be sure to check it out if you're interested!
Always,
Keith
