Sedo has higher Sold prices than GoDaddy. Why?

[WhoaDomain.com]

Ok maybe I'm being "Captain Obvious" right now. But over and over when we check Namebio for historical domain sales for specific Niches like VR or 360 or 3D or Casino and even more important IDN's and foreign extensions we always see the highest sold prices are almost always going to be from Sedo beating Godaddy.

Yes Godaddy has more SALES in the Namebio database but the sales are in the low $xxx.
But Sedo has the occasional $xxxx some high some low but definitely in the $xxxx range.

( of course there are some exceptions where there are high Godaddy sales. But the majority of the time Godaddy sales are low $xxx. But Sedo sales? Correct me if I'm wrong. 9 times outta 10 it's $1000 and up.)

why is this?

I've been told that Godaddy has the largest amount of viewers of their marketplace in the millions.
I've never heard of Sedo having that many users but maybe they do and I've never confirmed it.

I suspect Godaddy has the most sales listed on Namebio because to start an auction on Godaddy it costs only $25 as opposed to Sedo's $69.

Why is Sedo's marketplace generating higher value sales?
Why is Godaddy marketplace generating lower value sales?

Also Godaddy doesn't have thee option where you can set a listed domain for auction and if you get an offer and you counter and they make another offer you can push it to auction for free like on Sedo.

Does that fact that Sedo has this feature explain why it gets higher Sold prices on Namebio?

I've heard bad things about both sites. Especially Sedo. People say it's crap.Plus I've had an experience after testing it out. paid for an auction and they ended the auction 1 day before it was supposed to.

I'd appreciate people's info and advice and opinions. I'm sure many will appreciate your input too. Thanks.



edit....also going by the numbers. I can see domainers buying undervalue bought domains on Godaddy and flipping it on Sedo. (comments?)

 

[Hootsifer]

I see no views barely on my auction on godaddy, and Flippa is the same. 0. Very disappointed.

 

[WhoaDomain.com]

I see no views barely on my auction on godaddy, and Flippa is the same. 0. Very disappointed.

I experienced the same thing. did you pay for Featured listing? on both sites?
did you post links to forums like NP?
did you do outbound before starting an auction?
Did you pay for Featured domain on high traffic domainer sites? like Namebio? domaining.com? DNJournal.com?

Did you pay for Press Release?

Before any of thee above.

are you confident that your domain is a "winner" and can sell itself?
and what data do you use to come to THAT Conclusion?

Things to think about

 

[Hootsifer]

True...no I didn't pay any featuring, tried using the premium at godaddy since it was free then put it back to standard auction. I don't want to invest too much in this since it's not getting bites. But you do make sense.

 

[WhoaDomain.com]

True...no I didn't pay any featuring, tried using the premium at godaddy since it was free then put it back to standard auction. I don't want to invest too much in this since it's not getting bites. But you do make sense.

no worries. I did the same thing. I guess "some" domains will sell itself and you don't need pay for featuring just an auction.

but alot of data factors into it. like

Aged
Exact match?
Backlinks?

Many domainers check hundreds if not thousands of domains on marketplace and use tools to do "Background" checks on domains that "standout"

it's usually Age and Backlinks and whether a domain has been dropped if so how many.

So basically domains at these marketplaces suffer from Domain Snobbery.

you can have a great name but if it's only a year old and or has been dropped 1-5 times and has no backlinks or good SEO. you pretty much have NO CHANCE just paying for an auction. so you really do have to go the extra mile. IF YOU DECIDE TO.

do you want to take that risk? or no?

of course you can also refer non domainers via Outbound sales (aka spamming endusers) who don't know any better. who don't know about AGE and Backlinks or Drop history

 

[Hootsifer]

Yeah it's not old just registered, but I thought thats the point. All newbies have to start somewhere, start registering somewhere. I didn't get in on the dot com domain craze years back, though I did register one in 2001. I was dumb not to.

 

[WhoaDomain.com]

Yeah it's not old just registered, but I thought thats the point. All newbies have to start somewhere, start registering somewhere. I didn't get in on the dot com domain craze years back, though I did register one in 2001. I was dumb not to.

it's ok we're both on the same boat.

 

[RevolutionaryDomains]

Much of GD sales showing up on namebio are primarily expired auctions, which traditionally carry smaller sale prices, especially since it's often domainers bidding against other domainers. Prices tend to stay fairly low, IMO.

Sedo sales are often BIN, which are at a higher buy price than most GD expired auctions. Again, IMO.

 

[Addison]

Sedo has higher Sold prices than Godaddy. Why?

Because Sedo charges a percentage of the sale price to keep the sale private.

Optional confidentiality: If the buyer/seller does not wish to publish the sale of the domain name and its price, Sedo will charge an additional fee of 2.5% of the gross selling price (note the minimum fee)

Sedo forces more big sales to be publicized because of this. Higher sale prices mean that fee gets bigger and fewer big sales are kept private on Sedo. It used to be higher than 2.5% of the gross selling price, but that's still outrageous. A flat fee is more than fair!

If we could learn about GoDaddy's big sales from their Domain Buy Service, they would blow Sedo out of the water. Guaranteed.

 

[RevolutionaryDomains]

In the price point OP is referring to it is unlikely many would waste extra money to keep small sales private, even on Sedo. GD simply has far more small sales reported since they have tdnam, IMO.

 

[lennco]

As far as i know Godaddy and Afternic do not release domain sales figures anymore other then expired auctions.

This started a few years ago when Godaddy was about to go public with their stock and went into a quiet period and I guess now that they are a public traded company they still do not release sales figures other then expired auctions.

Because of this I bet there have been some incredible sales that we will never hear about.