Tdnam explosion...silly silly

[johnny6]

Man, people have been bidding like crazy on tdnam the last few months - every domain with any sort of traffic at all is getting multiple bids.

I wish I knew who these people were, because, frankly, people are WAY OVERBIDDING.

I'm not going to get specific to avoid offending anyone, but I'm seeing these ridiculous bids for terrible domains (usually just because tdnam says it had traffic last month - that figure is highly unreliable for many reasons) - people won't make their money back in ten years - they'll just lose money on their winning bids and registration in a futile attempt to make their money back - as traffic slides down day by day.

In the age of declining incomes AND declining parking PPC, why the sudden explosion? I either blame estibot or I'm guessing there was some sort of media coverage about expiring domains that's led to hundreds of new gullible buyers looking for get rich schemes.

Anyone know? Cheers,

John

 

[nicedomains]

You blame estibot LMAO.. Interesting observation though.

 

[Dimester]

Many domainers buy only for traffic. Developers buy names to build websites. A good name for development is a name that makes sense. Itmight not be a high traffic name.

 

[Sameh]

I bought many traffic domains from TDNAM last couple of years. After parking, none of them receive even 20% of what TDNAM says about traffic.

I assume TDNAM count bots as unique visitors.

Guys, please be careful buying traffic domains from TDNAM.

 

[b2b]

Man, people have been bidding like crazy on tdnam the last few months - every domain with any sort of traffic at all is getting multiple bids.

I wish I knew who these people were, because, frankly, people are WAY OVERBIDDING.

I'm not going to get specific to avoid offending anyone, but I'm seeing these ridiculous bids for terrible domains (usually just because tdnam says it had traffic last month - that figure is highly unreliable for many reasons) - people won't make their money back in ten years - they'll just lose money on their winning bids and registration in a futile attempt to make their money back - as traffic slides down day by day.

In the age of declining incomes AND declining parking PPC, why the sudden explosion? I either blame estibot or I'm guessing there was some sort of media coverage about expiring domains that's led to hundreds of new gullible buyers looking for get rich schemes.

Anyone know? Cheers,

John

Hey John,

There was a recent article about this on one of the domaining blogs (can't remember which one).
It was called "PUMPING & DUMPING" of domain names.

Like you said, domains that make no sense at all with loads of traffic get insanely a lot of bids......NOW here comes the naked truth:

The sellers of these domains are the scammiest of scammers, they buy artificial traffic from a company that sells it for cheap, then put it up for auction on TDNAM stating that it get loads of traffic; but it's all BS!

Now when a buyer sees this on TDNAM and goes to the "most active auction" tab, they see that a domain has a lot of bids and traffic; they simply bid on it, because people follow like sheep, not knowing that they are being fed to be slaughtered!

Fool me once, shame on you! Fool me twice, shame on me!

Hopefully when buyers get burned once, they will learn from this.
And all you have to do is make a simple check on Google if a certain domain has loads of backlinks to justify the traffic.....but alas people get blinded by greed.

Anyways, hope this info helped you out a little.

And potential buyer, BEWARE!


Richard

 

[gladdy]

Agree with you every good domain name are bought out, prices skyrocketed, real impossible to get something cheap.

I really miss the service what was terminated in december 2008, where was possible to buy expired domains skipping the 10 days auction. It was such a cool service where i bought some gems, for example 3 letter for just a 100 USD.

Sad their terminated this option ((((

 

[dtxa]

LOL yea I know a guy making the same mistake, he recently paid $550 for a domain that tdnam says received 800 hits. He tried parking it and so far in the past week he's made a whopping $0.20. With $500 he could have easily bought a complete site site from digitalpoint or sitepoint that's making $40-50 per month through adsense.

 

[lzy]

I really miss the service what was terminated in december 2008, where was possible to buy expired domains skipping the 10 days auction. It was such a cool service where i bought some gems, for example 3 letter for just a 100 USD.

3 letter for $100?!

More often than not, I see the BIN price being way higher than the name's worth?

 

[Aggro]

A fool and money are soon parted :zzz:

 

[Seabass]

John........I was talking about this recently here at NamePros.

I had called my GD account rep to ask what the hell was going on. I have never seen this much crazy bidding. He told me that many of the larger buyers of the last couple of years have pulled back and a whole new fresh breed of buyers just entered the market.

He agreed that many of the domains are getting overbid on and we both shared a laugh about how it'll cost them $50,000 before they even begin to understand what went wrong.

GoldforCash,com went for some $7,700 today. I'm not sure how many folks make the mistake of reversing the words, but that sure seemed awfully high to me. Maybe they know something I don't about somebody paying gold for your dollars. :lol:

 

[lexisdomains]

It's not silly at all! And Heres Why......

GoldforCash,com went for some $7,700 today. I'm not sure how many folks make the mistake of reversing the words, but that sure seemed awfully high to me. Maybe they know something I don't about somebody paying gold for your dollars. :lol:

It's not silly at all! And heres why......

The buyer must have recognized an opportunity to resale this domain to an equitable Jewelry Refinery, namely Cash4Gold.com who spends thousands of PPC dollars each day for that very keyword phrase.

Other Advantage: look at the top 5 company's domain under the search phrase "Cash For Gold" - Cash4Gold.com, CashForGoldUSA,.

Yep!!! My point exactly, they are both offshoots of the better domain CashForGold.com, GoldForCash.com.

SEO Benefits: Google will index this domain the same as CashForGold.com as it contains the same keywords.

This was a smart buy and well worth the money as the potential resale could be exponential ($XX,XXX)

Any thoughts?

 

[has2hands]

Happy Side Note.........For Me.

Off Topic Side Note:

I bid pretty regularly at GoDaddy's Auctions and have picked up some nice names now and then...and don't mind spending some money if the name is a generic product and has some type-in traffic (SEO Keyword, etc.).......and I usually have my auto limit and stop at that point......so I lose some nice names also, but...

The other day I received an email that my competition from a previous auction failed to pay for the winning domain and since it was only the two of us, Godaddy awarded me the name for my initial $10 bid!

I placed an auto bid for a few hundred dollars and it got topped out at that and he was $10 higher than me.

GoDaddy stated that the top bidder still had 48 hours to get the name and pay for it but if I still wanted it, please call them.

So, I immediately did; paid my $10 plus the registration fee and now I have it in my account!

I guess this helps make up for all my over bids and my past bad name choices

But, Godaddy sold me a great domain for $10 and didn't try and get my highest bid....only my lowest and 1st bid.

My good news for the week.

Paul

 

[d0main]

cashforgold was definitely a good buy, especially in this economy.

 

[footodors]

hudahyd.org is at $7,560 with 8 days left.
Pagerank is 7 but comes back as fake.
I must be missing something here.

 

[Domainate.com]

cashforgold was definitely a good buy, especially in this economy.

cashforgold would be - the domain was goldforcash though and honestly it'd depend on the traffic. Cash4Gold and GoldKit have been barraging with commercials lately though so it must be pretty lucrative.

 

[footodors]

Can't believe people would actually bundle up their jewelry put it in an envelope and send it off to someone from a commercial and then cross their fingers hoping for the big check!
Seems so scammy to me.
I laugh when I see these ads.

 

[Seabass]

cashforgold would be - the domain was goldforcash though and honestly it'd depend on the traffic. Cash4Gold and GoldKit have been barraging with commercials lately though so it must be pretty lucrative.

Correct. It was goldforcash.....not the other way around.

Archive shows it as having no development history, but a search at Yahoo shows the domain being linked to sites that reference Xanga or Jesus, etc.....

Google has this silly video which is sending hits. I doubt it does much for conversions to sale, which might trigger SmartPricing or a lower TQ, effecting a lower payout.

http://www.youtube.com/watch?v=prTaC3NXh58

There is also a goldfor-cash,com site.

The Google Keyword Tool shows the phrase as having an average search volume of 1,000 per month with an estimated average CPC of $2.85. That is not a very good sign in relation to the price paid.

I'm sure it makes some money but I imagine $7,700 was too much on this one.

Who knows....maybe I am wrong. Maybe it gets a ton of rub-off traffic from other similar sites. Also, if there is a another dollar panic then..........
.

 

[Michael]

There was a recent article about this on one of the domaining blogs (can't remember which one).
It was called "PUMPING & DUMPING" of domain names.

http://www.domainnamenews.com/featured/domain-name-scam-warning-pumping-and-dumping-domains/3632

 

[canswift]

Even when the traffic quoted on TDNAM is correct, this still doesn't mean it's a necessarily a good buy. Last year I watched an auction for an expired dot com which was the name (in French) of a reputable French website about Polar exploration. For some reason this website (still operating) had changed it's web address to a ".free.fr" extension and let the dot com extension drop.

I'm sure the 7000+ per month traffic count was correct, but does this mean that you could monetize that traffic, which was bound to fall off later as your French-speaking visitors didn't find what they were expecting? Still didn't stop the domain selling for $xxxx though.

 

[johnny6]

Thanks for the link to that article Michael/b2b - very interesting stuff.