Sedo's Parking - Better Chance With Lotto

[wphillips]

These are the historical facts from Sedo's about us page

Numbers and facts (As of: Feb 2008):
Domain transaction volume per month: > $6 million
Number of members: 690,000
Number of domains in our database: 11,500,000
Number of parked domains: 3,200,000

Number of domains sold per month: > 1,900 = 22,800 per year / 3,200,000 = 0.007125 %

I am a avid gambler and these odds are not worth taking. You are better off buying a lotto ticket and you will have a better chance of making money from selling your parked domains.

 

[prague7]

Not sure I get the analogy of comparing Sedo sales with a lottery. Surely in a lottery each number has an equal chance of being drawn? But with domains at Sedo, not all domains are created equal - how many of those 3.2m parked domains are worth buying and will ever be sold?! All depends on the quality of the name in the first place...

 

[Kate]

Parking works if your domains have (natural) traffic, and if that traffic converts.
Domaining is not gambling... do your research and you will reap the rewards.

 

[Charley]

Parking works if your domains have (natural) traffic, and if that traffic converts.

Does it still, parking revenues are really downhill.

 

[gazzip]

You are better off buying a lotto ticket and you will have a better chance of making money from selling your parked domains.

Lol...Lets hope so, its 36 Million pounds tonight



.

 

[wphillips]

Not sure I get the analogy of comparing Sedo sales with a lottery. Surely in a lottery each number has an equal chance of being drawn? But with domains at Sedo, not all domains are created equal - how many of those 3.2m parked domains are worth buying and will ever be sold?! All depends on the quality of the name in the first place...

These are just raw fiqures from Sedo's own website. The odds are probably worse if we start to break it down

 

[IAmAllanShore]

Not to be "that guy," but it is 0.7125%, not 0.007125%. So slightly less than a 1% chance of selling based on parked domains (Much better chance than winning the lottery.), but I do not think all of those domains that were sold were parked domains. So yes, you would have to drill into the numbers a bit more, but you can't.
What would be useful would be a comparison of the sales rate of .com's that are parked as compared to any other extension, or the sales rate of parked domain names as compared to sales where Sedo was only the broker.
-Allan :gl:

These are the historical facts from Sedo's about us page

Numbers and facts (As of: Feb 2008):
Domain transaction volume per month: > $6 million
Number of members: 690,000
Number of domains in our database: 11,500,000
Number of parked domains: 3,200,000

Number of domains sold per month: > 1,900 = 22,800 per year / 3,200,000 = 0.007125 %

I am a avid gambler and these odds are not worth taking. You are better off buying a lotto ticket and you will have a better chance of making money from selling your parked domains.

 

[domainerx]

I sold 3 DNs in 2007 when I had maybe 50 parked names at Sedo.
I sold 2 DNs in 2008 when I had approx 75 parked names.
Haven't sold any names anywhere else.

 

[wphillips]

I sold 3 DNs in 2007 when I had maybe 50 parked names at Sedo.
I sold 2 DNs in 2008 when I had approx 75 parked names.
Haven't sold any names anywhere else.

My point exactly :bingo:

 

[accent]

If you have 50, sell three for $$$ - $$$$, then you still have 47. If you bought well then those 47 will be difficult to replace, due to buyouts/market growth. So they appreciate in value, despite renewal fees.

The numbers work, if you buy the right domains at the right prices. If you buy junk then you lose.

 

[MicroGuy]

Also, many parked domains are not listed for sale. (%%-)

 

[-REECE-]

It would also be interesting to know how many of those sales were the result of domainers who promoted their domains or proactively reached out to endusers, sales being completed through Sedo. Guess we'll never know the real number.

Not to be "that guy," but it is 0.7125%, not 0.007125%. So slightly less than a 1% chance of selling based on parked domains (Much better chance than winning the lottery.), but I do not think all of those domains that were sold were parked domains. So yes, you would have to drill into the numbers a bit more, but you can't.
What would be useful would be a comparison of the sales rate of .com's that are parked as compared to any other extension, or the sales rate of parked domain names as compared to sales where Sedo was only the broker.
-Allan :gl: