discuss Soft sales in 2017, anyone else?

[bazabizo]

Do you guys have the same experience?
I have like 1/2 the rate I used to have in 2016! Anyone else?

 

[urlurl]

just sold 2 more in the $x,xxx this month

 

[urlurl]

Had more offers then not go through then sales.

i'va had 4 this year were they just backed out of (didn't pay) the deal after accepting the deal

1 on sedo and 3 with Godaddy

 

[boker]

i'va had 4 this year were they just backed out of (didn't pay) the deal after accepting the deal

1 on sedo and 3 with Godaddy

I have 2 with godaddy pending for 1 week right now and the only thing they can say is to wait another 2-3 weeks and list them again...and I had one more with flippa and one with afternic this year- all backed out. Uniregistry is completely dead for me, no offers no nothing. Private email brings the best offers, but there are bad months and good months.

 

[Arca]

i'va had 4 this year were they just backed out of (didn't pay) the deal after accepting the deal

Same problem here, non-payers are way up in 2017, have had several buyers agree to a price or hit BIN and then back out every month this year. Very frustrating when it happens 2-4 times in a month. I hardly encountered any non-paying buyers in 2016.

 

[Serengeti]

Make it 3 in the last month or so... i wonder if El Nino has also affected people business ethics and integrity... oh well "errare humanum est.."

 

[LarryDomain]

My sales have gone up on domains ranging in the 1000-5000 price. Haven't had any above 5k yet this year, which is bad bad bad! Maybe one of my auctions will hit reserve


(Link removed by Mod)

Yeah! I sold one of my name for $18500 so I have one above 5k now!

 

[xynames]

That's fabulous! It's hard to know sometimes how much an inquirer will really pay, they all tend to start off lower than what you want.

 

[hookbox]

Same problem here, non-payers are way up in 2017, have had several buyers agree to a price or hit BIN and then back out every month this year. Very frustrating when it happens 2-4 times in a month. I hardly encountered any non-paying buyers in 2016.

Just curious, are these non payers not completing the transaction because you're using Escrow.com?

 

[Arca]

Just curious, are these non payers not completing the transaction because you're using Escrow.com?

No, I avoid the "new" escrow.com and haven't used them to process single sale in 2017. The number of non-paying buyers would probably be higher if I did use them.

 

[pokainc]

Had a few "non-payers" myself (super frustrating), probably totalling around 4-5k in total this year.. happened a few times on godaddy, happened on private negotiations also.
The year started very strong, last 30 days has been super slow though. Last year summer was great ironically in terms of sales. This year been definitely a slower June.. July should pick back up I think

 

[Houssaine]

I'm on to my second year of domaining. The first one was successful as I sold two domains for a total of $5,000+.This year despite a few offers I'm yet to make any sale as I'm reticent to sell for under $1,000.

 

[Branko Jovanovic]

Domain sales can be expected in emerging industries - health and wellness, 3D printing, sharing economy (like Uber), biotechnology, drones, water ... 2016 was election year in US so was a bit slow, some rebound can be expected though it is summer vacation season. September should pick up.

 

[Nikul Sanghvi]

I know that Namebio data isn’t perfect but here’s the topdown view of the data that is available...

I took this snapshot at the H1 interval for 2017 (a couple of weeks ago), and doubled both the sales volume and revenue for a simple extrapolation of 2017. Unless Q3 and Q4 contain a heavier weighting of the overall annual transactions, it looks like:

- 2017 will be slightly down when compared to 2016 and 2015 in terms of total recorded sales.
- However, this year will be marginally above 2016 in respect to average transaction value.

A couple of other notes:

- The average deal size of any year can be skewed by a handful of super-sized sales.
- [Long-term trend] The average sale size is shrinking (or potentially more smaller sales now reported).
- [Long-term trend] The volume of transactions is increasing (or again, just more data feeds available to Namebio). The recent rise of 'liquid' transactions is the most obvious driver of this trend.

Below, I’ve also broken down the Top 1, 5, 10, 20, 50 and 100 transactions of each year. This hasn’t been extrapolated for this year but shows the position as at close of H1 of 2017. The Top5 sales this year account for almost half of the total $ for 2017. Most years, the Top5 sales equate to between 20 to 40% of the Top100 sales. This could be bad news if it means there's compression in the rest of the ‘tail’ (sales 6 to 100) in terms of overall ($) value.

The years 2011, 2012 and 2013 look unusual in both graphs. Either this is a fallout from the financial crisis or has been mentioned to me that its most likely to be missing sales data from one of the major marketplaces.

A potential reason for lower liquidity in 2017 could be short-term investors pushing money out of domains and into crypto. The remaining sales hopefully contain a higher proportion of ‘end-users’ and thus a higher sales price. It would also be cool to know the composition of the sales by domain type (brandable, premium one-word, liquid, etc). I've only used public facing data for the graphs above but someone with access to the full data set could answer this in more depth.

Personally, 2017 has been slower than 2016 - but the few sales that I've had, have mostly been to end-users who've paid close to or above asking price. Not statistically significant but backs up the hypothesis above.

Not an award-winning analysis but hope it's of some use to the thread.

(One last bonus graph below, couldn't help myself. Looks like 2004/2005 might be incomplete datasets?)

 

[Asfas1000]

Thanks @Nikul Sanghvi for the analysis and charts. It is not easy to draw conclusions because so many variables are changing at the same time.

It would be interesting to have the average sales price without the blockbuster sales, or even without sales above say $100k , as they are not too common.

 

[Nikul Sanghvi]

Thanks @Nikul Sanghvi for the analysis and charts. It is not easy to draw conclusions because so many variables are changing at the same time.

It would be interesting to have the average sales price without the blockbuster sales, or even without sales above say $100k , as they are not too common.

Agree. I'm not too familiar with the quirks of the dataset so there's still more unknowns than knowns.

Regarding Average Sales price excluding the blockbusters, please see the last bonus graph. The easiest way I could trend this was to calculate the average sale price of all the domains excluding the Top100 sales.

 

[Asfas1000]

Namebio mentioned that sometime in 2015 they started recording sales from more feeds.

 

[frank-germany]

I took this snapshot at the H1 interval for 2017 (a couple of weeks ago), and doubled both the sales volume and revenue for a simple extrapolation of 2017. Unless Q3 and Q4 contain a heavier weighting of the overall annual transactions, it looks like:

are you kidding?

Q3 and Q4 always has higher values
as companies need to spend in Q4 in order to avoid taxes



so if you want to compare 2017 and 16/15
use the same Q1 and Q2 of 15/16 and double it ( or not )

 

[Arca]

Anyone care to share their summer 2017 sales experience?

Personally I did really well in June, and July was outstanding, with 22 end-user sales. All inbound.

However, as soon as August came around, I've seen a significant drop in sales, only had 13 end-user sales in August, fewer inbound offers, and average sales prices decreased as well. Total sales for August are down about 70% when compared with July. My sales in 2017 have been pretty consistent until August came around, so I find this sudden and significant drop in sales somewhat disconcerting. September is off to a slow start so far.

How were sales for you over the summer? What are you expectations for fall/winter?

 

[mpls]

Anyone care to share their summer 2017 sales experience?

Yes, 1 inquiry, accepted his offer, disappear.
0 sales.

 

[bazabizo]

Anyone care to share their summer 2017 sales experience?

Personally I did really well in June, and July was outstanding, with 22 end-user sales. All inbound.

However, as soon as August came around, I've seen a significant drop in sales, only had 13 end-user sales in August, fewer inbound offers, and average sales prices decreased as well. Total sales for August are down about 70% when compared with July. My sales in 2017 have been pretty consistent until August came around, so I find this sudden and significant drop in sales somewhat disconcerting. September is off to a slow start so far.

How were sales for you over the summer? What are you expectations for fall/winter?

How many domains do you have in total? How much is your average selling price?