The Aftermarket Took A Breather This Week But News Of An Uncharted Blockbuster Bubbled Up

[Ron Jackson]

The new weekly domain sales Report is out at DNJournal.com. OK, who accidentally hit the snooze button? Someone must have because the past week was the slowest we've seen in the aftermarket so far this year. Among the sales that qualified for our latest weekly all extension Top 20 Sales Chart, only eight managed to reach five figures, let alone six or seven. However, we did get some news about an uncharted blockbuster sale that added some shine to an otherwiise lackluster week. Still, the highest reported sale we could chart was $35,000, one of 14 .coms on the leader board. ccTLDs took the remaining six spots. The non .com gTLDs were shut out, barely making a peep with no sales from that group reaching even $2,500.You can get all of the details here: http://www.dnjournal.com/archive/domainsales/2014/20140827.htm

 

[HeyNow]

Well, perhaps potential domain buyers wonder if the whole business is shady and full of sleazeballs. An example of this perception of potentially shady practices might be due to the reported Flippa sales, if indeed Flippa employees were allowed to bid against clueless outside bidders, with the consent and encouragement of the sellers. If that was or remains Flippa's policy, to allow its employees to bid against outside customers ignorant of that fact, then perhaps those who hold this business in low esteem have a truly valid viewpoint.

One must also wonder about the messengers and reporting entities of those types of "sales."

You think I'm joking or spewing baloney out of my ass? Scroll down to question #6 in this interview: http://tldinvestors.com/2012/11/quick-chat-with-david-slutzkin-ceo-flippa.html

Y'all have a nice day now, ya' hear?

 

[garptrader]

Entrepreneur.com had an interesting article today titled, "The Biggest Mistake is Ignoring the Law of Supply and Demand." They state that people or businesses need to want what you are trying to sell and be willing to actually pay money for it. While often it seems end users don't get it - they will spend thousands of dollars for all sorts of ordinary business expenses but when it comes to a domain for their business their budget is $50. Reported DNJ sales particularly those which are five figures or more are outliers. Paying premium renewals for TLDs no end user is going to pay more than reg fee for is not going to turn out well.