- Impact
- 1,675
I believe Sedo is the most useless platform of all.
Some of you may disagree and feel free to share your experience below, but from my experience, Sedo has been utterly useless. It has long relied on its well-established brand and the luxury of being one of the first players in the game. Since then, it has done nothing to improve user or buyer experience. They have not found ways to innovate their platform, attract new buyers, and have solely relied on type-in traffic.
In over 10 years of using Sedo, I can count all the offers and sales on one hand. Most of the arguments for Sedo are "they are popular with oversea buyers". Sedo may sell more names to european buyers because they allow extensions such as .de, and have translated versions of the site for buyers for other countries. That's about it. But Sedo has (insert number of partners)! Does that result in many sales for an average seller? Nope.
Sedo currently charges 10% commission for parked domains, 15% for marketplace listings, and 20% for MLS sales. For that comission, they do absolutely nothing.
What I can give them credit for, is for negotiations of inbound offers. But when you get one offer per 5 years, does that really benefit us? Are other marketplaces worse at negotiations? I don't think so.
You may say, well who cares, it's an additional marketplace to list your names on. So why not? Because even their submission process is a headache. Each name has to be manually verified through forwarding or txt record. It doesn't work all the time and takes way too long.
But that's my personal experience. For those of you who park their names at Sedo, why? How has your experience been?
Some of you may disagree and feel free to share your experience below, but from my experience, Sedo has been utterly useless. It has long relied on its well-established brand and the luxury of being one of the first players in the game. Since then, it has done nothing to improve user or buyer experience. They have not found ways to innovate their platform, attract new buyers, and have solely relied on type-in traffic.
In over 10 years of using Sedo, I can count all the offers and sales on one hand. Most of the arguments for Sedo are "they are popular with oversea buyers". Sedo may sell more names to european buyers because they allow extensions such as .de, and have translated versions of the site for buyers for other countries. That's about it. But Sedo has (insert number of partners)! Does that result in many sales for an average seller? Nope.
Sedo currently charges 10% commission for parked domains, 15% for marketplace listings, and 20% for MLS sales. For that comission, they do absolutely nothing.
What I can give them credit for, is for negotiations of inbound offers. But when you get one offer per 5 years, does that really benefit us? Are other marketplaces worse at negotiations? I don't think so.
You may say, well who cares, it's an additional marketplace to list your names on. So why not? Because even their submission process is a headache. Each name has to be manually verified through forwarding or txt record. It doesn't work all the time and takes way too long.
But that's my personal experience. For those of you who park their names at Sedo, why? How has your experience been?
