NameSilo

To those who say don't rely on Appraisal Bot tools...

Labeled as discuss in General Domain Discussion started by cixxy, Oct 25, 2018.

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  1. vravis9

    vravis9 Top Member VIP

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    In my example I mentioned it as HempAss...
    Not HemPass...

    HempAss doesn't make sense...still it values as it is taiita it as HemPass...
    Still HemPass doesn't make sense unless we are considering it as brandable name (as most names in this category omit/add a character)
    And GD or any other estimations can not say their value because of weird spellings..
    I clearly mentioned these estimations can give spot on results of values of keywords based on previous sales....for total domain names they are just dumb...and we should do finalize to buy or not...

    In other examples I mentioned...crypto + animal name is having high estimated values...
    But that name is total foolishness and waste of money...

    You and me both know that GD estimation is not a standard or benchmark to get a sale... actually it doesn't matter when you are trying to sell to a reseller...
    Unless you are selling someone who posted request for names with GD appraisal value of $XXXX+ and they will be willing to pay max %5 (usually 1-3%) of estimated value...

    Does that sound worth depending on?! They don't give preference to estimation tools and these might be useful to get a sale with enduser.
     
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  2. CJ6

    CJ6 My favorite movies are too offensive now. Whimps. VIP

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    According to godaddy, all of the domains that I checked were about $1000+ each. That means I'm sitting on $300,000-500,000 worth of domains, or so.
    Woohoo!

    Too bad I probably couldn't sell all of my domains for $20k... probably not even $10k.

    Yeah, it's correct. 🤣
     
  3. CJ6

    CJ6 My favorite movies are too offensive now. Whimps. VIP

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    Woohoo, my HempGro is $100 more than the Ass. 😎
     
  4. FolioTeam

    FolioTeam Top Member VIP

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    Well, there is one thing that these automated systems can't factor in: the human emotion. Both on the side of the buyer and the seller.

    Emotions are why some domains sell too low or too high or not at all.

    Show me an appraisal system that can wrap its head around something as fickle as the human emotion and maybe, I'll start believing in them a little.

    That's why I strongly believe a domain is worth the price anyone is willing to pay for it.
     
  5. FolioTeam

    FolioTeam Top Member VIP

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    HemPass will be a horrible brandable
     
  6. vravis9

    vravis9 Top Member VIP

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    Hahaha... that's what I am saying...these valuations don't make any sense...but give great insight of keywords from previous sales..

    And definitely HempGro is far more valuable than the quoted example...
    And a brandable.
     
    Last edited: Oct 26, 2018
  7. vravis9

    vravis9 Top Member VIP

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    I agree and disagree at same time... :)

    See there is no difference or standard to separate horrible from horible/horibl/horiblee...and many other BRANDABLE names...

    And also we don't have any exact sales reports of these so called "brandables" it makes more difficult to estimate any value...

    Like I said in previous comments....if a buyer wants or likes a name and think it is a brandable...then no one can argue... even the seller ;)
     
  8. Recons.Com

    Recons.Com Top Member VIP

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    Think of it this way. If you were to write your own algorithm for your software, how would you account for the fact that some words make more sense or unique commercial sense only in the combo with specific other words.

    Meaning you have kw1, kw2, kw3... kw1000 and all of them are great high value.

    But kw1 makes top combo with kw291, while kw3 has about 10 perfect matches and kw2 does not match any from those well (but maybe some other low value word).

    Basically, kwX + kwY might be real valuable thing, service, concept, while kwX+kwZ might have even negative connotation making it commercially unattractive, while kwY+kwZ might be perfect again.
     
  9. vravis9

    vravis9 Top Member VIP

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    Spot on...
    @Recons.Com you explained perfectly...
    This is like a cycle...the more low value names are registered and got "some" sales....this reflects on estimations...
    In other words the high value "keyword" won't be high anymore...after being attached with so many other "keywords" (see I am not even mentioning low value) and after sometime these won't even can be called keywords...just words attached to main valuable keyword...
    (I guess these can be called "brandables" aka madeup)
     
  10. briguy

    briguy Guru In Remission! VIP ★★★★★★★★★★

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    Kinda like this

    "The appraisal may be accomplished by breaking the valuation of the domain into five logical groupings, possibly including evaluation of “5 P's” related to the domain name. Evaluation of “precision” may include the number of distinct keywords found, the length of the name and the number of keywords found in the dictionary. Evaluation of “popularity” may include various search engine search result metrics and tracking of words searched per month. Evaluation of “presence” may include the age of the domain, and the rank of the web site according to web ranking services or software. Evaluation of “pattern” may include the number of premium characters, the part of speech (such as noun, plural noun, verb, adjective, etc., possibly considering if the domain is a one word domain), the relationship of vowels and consonants etc. (possibly considering if the domain is a 4-5 character word). Evaluation of Pay-Per-Click, or PPC, may include the maximum number of pay-per-click bids from various advertising tracking services or software, and the number of ads returned within search engine searches. A dynamic multiplier based on registration statistics for each of several top level domains (TLDs) may then be applied to the domain evaluation. This multiplier may be used to give a very accurate measure of domain scarcity to let a user or evaluator know how rare a domain name is."

    https://patents.google.com/patent/US20110208800A1/en
     
  11. cixxy

    cixxy Established Member

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    Nice post and good points.I already said that about brandables.

    A domain could sell for X valuation, but it would be great to know how long it takes on average to sell it. This number is hard for AI to determine because of so many factors involved in how active the seller is trying to sell the domain. But if you have such a figure, you could weigh it against the amount of time you hold and see if it will be worth it in the long run against renewals.

    To me: the higher the average sale of a keyword == the more demand == more likelihood your domain will sell == more valuation from GD. So it's all related.

    Let's look at a case where there's less sales but a high sold price to see if it inflated the average keyword prices.

    Take for example Aktien.de which sold at $750,000 and only 23 total sales for that keyword on NameBio.

    Now if you try to appraise something like AktienBuy.com it's only at $1400 valuation since it somehow knows that combining both german and english isn't so good. So it takes into account similar keywords sales and language as well.

    But aktienkaufen com is appraised nicely at the 4k mark.

    So I do believe it's quite sensible and even if your domain keyword had a huge sale price $750,000 to inflate the keyword, it doesn't mean it will make it *too* valuable. It might even take the amount of sales into account as a variable to lower the value as well.

    Aktien.de sold for 750k but it values it at only $5760. I think it still needs work for non .com domains to be honest.

    Again though, the argument was for you to come up with the $2000 valuation name yourself. This way you'll see just how hard it is to find one that's avail to hand-reg and how rare they are.

    Telpremium is so good. When I woke up to see this comment, it's already gone sadly.

    Also there are some names like thinkamyloid that I saw before I dont understand at all. Very strange, so yes it's not at 100% accuracy for some names.

    Central Bullion Exchange makes sense for a business idea, but like you said it's unrealistic. So I guess human judgement will need to come into play here as well.

    LoanSamaritan is explainable though. Helping someone in need of a loan...
     
  12. cixxy

    cixxy Established Member

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    Someone regged it now, so it must mean it's not such a trash name :)

    Feel free to come up with more guys around $2000 avail for hand reg. I only see one person do this.

    I see a lot of points against bots, but no action haha.

    Come prove it and show me more that are avail to hand-reg! Good luck finding them and thanks for sharing with us in advance.
     
  13. cixxy

    cixxy Established Member

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    I'll reveal the name I came up with now for 2000$ evaluation because I hand regged it now.

    Cellular / Capital / com

    A bit dubious for me since it's a bit long but the meaning is quite good and capital is very flexible meaning either finance or a central hub.

    It was at $1900ish valuation a few days ago, but jumped to $2021 now so I thought why not.
     
  14. cixxy

    cixxy Established Member

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    In other examples I mentioned...crypto + animal name is having high estimated values...
    But that name is total foolishness and waste of money...


    You're joking lol. Have you EVER heard of cryptokitties? Don't know what rock you are hiding under. Also use your imagination, animal names are highly desirable and brandable (most of time used as mascots for brands) and Crypto is a hugely popular keyword.
     
  15. cixxy

    cixxy Established Member

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    Also forgot to mention, keep in mind that you're making fun of these names, but the truth is, these are the leftover names that people don't like. The ones that get high valuation are usually registered very quickly so they disappear from that list.

    So what does that tell you? Maybe 50% of these left-over names the valuation tool got wrong, but what about the other ones that people registered?

    If you count that, I'm sure the figure will be more like 10-20% of names the valuation got wrong.
     
  16. vravis9

    vravis9 Top Member VIP

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    Hi @cixxy

    It is clear we both are having different thoughts about estimations and brandable domains...but I didn't thought there will be any difference when thinking about basic function/purpose/customer base it can serve...

    CryptoDog or CryptoCat what they can be used for?
    CryptoKitties sound little better...and might be a brandable...and I already said if a buyer thinks he can buy it for whatever reasons they might have...may be falling in to flow of keyword madness...may be they can convince someone to buy because they don't have any knowledge...
    The estimate values or any opinions doesn't matter because buyer willing to pay..

    Well I am not living under any rock...it seems there is nothing from living in broad daylight either...

    First when I read this thread I thought you are asking about opinions about estimation tools...
    But I think you already made up your mind and I don't want to argue about it...I just mentioned my opinions...I am not an expert...so good luck
     
    Last edited: Oct 26, 2018
  17. cixxy

    cixxy Established Member

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    Like I told you, animal names are highly brandable and memorable and you can use them as mascots for the company.

    https://www.racked.com/2011/7/24/7757311/12-brands-with-animal-logos-and-their-reallife-counterparts

    CAT and DOG are the most common animals, so of course the valuation at $8000~ for cryptocat / dog is very accurate. But actually in my opinion it could go for a lot more.


    With the success of cryptokitties, it will also increase the values of these appraisals I assume.

    On second thought: Not only for mascots, but a brand of pet products can also be using crypto technologies on top of that and be wanting that domain.
     
    Last edited: Oct 26, 2018
  18. Kate

    Kate Domainosaurus Rex VIP ★★★★★★★★★★

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    @cixxy you said that in another thread:
    This is incorrect. It is a German keyword so it's relevant mainly in .de, as well as in .at .ch where German is spoken. Possibly in .com/.net but in most other extensions it is simply not relevant and not valuable.

    In fact many domains in foreign languages are taken in only one ccTLD and even the .com is available.
    On the other hand English keywords are used globally, and are more likely to feature in many different extensions.
     
  19. cixxy

    cixxy Established Member

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    It does. Try searching Aktien / vip, this is a domain I own and it's at $2127 appraisal value right now. And usually .vip is trash value in godaddy appraisal.

    Also you have a big mouth and obviously think you are smarter than bots so why don't you try the challenge I posted?

    Show us some $2k valuation .com names you come up with that are avail for hand-reg.
     
    Last edited: Oct 26, 2018
  20. xeroox

    xeroox Established Member

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    @cixxy Do you mind sharing what you sold in the specific thread using your method? I'm honestly curious, in the end what really matters is if we can sell the domain
     
    Last edited: Oct 26, 2018
  21. cixxy

    cixxy Established Member

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    For hand-reg I use the method I talked about at the start sometimes but it's very difficult to make high $2k++ GD valuation names that aren't taken. I know from trial / error and experience that it's pretty damn hard to do so.

    I mix high value keywords , and sometimes with brandable prefix & suffix like -ery -acy etc.

    I got two names that sold because of these hand-reg methods - kawaii/coin and dig/ery.

    I don't like these names as much as my latest ones like Cell/Social, Air/Renter, Down/Mortgage that I got from high value GD closeout though.
     
    Last edited: Oct 26, 2018
  22. talking.domains

    talking.domains DotKing.com VIP

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  23. Kate

    Kate Domainosaurus Rex VIP ★★★★★★★★★★

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    .vip is indeed trash, who buys that anyway ?
    2 reported sales in 2018, $151 and $126 respectively. Are you suggesting we should be buying .vip domains ? I don't think so, then how is that 'appraisal' even relevant ?

    So you registered a name in .vip because it sold in .de, it's the flawed reasoning that is so prevalent among domainers: an apple sold once, therefore I can sell my oranges, lots of them.

    A German keyword in .vip, a Chinese nTLD ? Good luck with that. Honestly, what do you think the odds of making a sale are ?

    Because I think humans are smarter than bots... I actually find it weird someone is arguing the opposite. And bots don't sell domains, humans do.

    I repeat myself, but just because a name is registered doesn't mean it will ever sell. And just because it is unregistered doesn't mean that you should register it.
    Sales are the exception and not the norm.

    I am not interested in numerology, but in making sales. That's why I buy names in solid extensions, that is .com and mature ccTLDs, certainly not .vip

    To cut to the chase:
    • appraisal figures from automated tools are useless and worthless
    • comparable sales are useful, but only to a certain extent, because many sales are one of a kind and will not repeat in another extension (especially other than .com).
    It is true that some keywords are in demand, thus you can see some patterns in domain sales, certain keywords/industries are trending and selling more often than others. To take a specific example, I found only one reported sale for the string aktien in Namebio:
    Code:
    aktienfinder.com    122 USD    2018-04-23    Sedo
    Can't make rules out of exceptions, but good luck with your investments.
     
  24. talking.domains

    talking.domains DotKing.com VIP

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    aaaand it's gone :ROFL::xf.laugh::ROFL:
     
  25. Recons.Com

    Recons.Com Top Member VIP

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    Took me 20 seconds to find this:

    cellmortgage.com
    [​IMG] Estimated Value: $3,137

    Interested in buying this Domain? It's available!
    $8.29*
     

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