.tv .TV Premium Release Notifications - Must Read

[SKG]

Today a partner of mine who I have bought a premium .TV with in the past received and email regarding a domain he filled out the form of interest for and it reads as follows:


"Hello,



You submitted an interest in DOMAIN. We are holding a negotiated sale process whereby we are soliciting bids.



The reserve price is $X,XXX.00 USD and the “buy it now” price is $XX,XXX.00 USD.



Please reply as soon as possible but no later than April 18th."


So it seems to me that emails are going out now and it looks like an auction format. What I do not see in this email is anything that says PER YEAR. This could be an error or really big news.

 

[DomainBuyerBroker]

Good eye. Yes, the PER YEAR factor is a big wild card.

Say the amount that are looking for is just a one time fee then regular reg fees, are their asking prices realistic?

 

[SKG]

Good eye. Yes, the PER YEAR factor is a big wild card.

Say the amount that are looking for is just a one time fee then regular reg fees, are their asking prices realistic?

Since I know the domain that was referred to in the above email, I can tell that the reserve is slightly high but not bad but the BIN is very high for the domain, IMO.

 

[Dr. Mindwrecker]

Are these letter coming out one at a time or has everyone received one yet because I have not...

 

[TheBulldog]

Maybe they ran out of Stamps.

Or perhaps they were too busy figuring out what appears to be some overinflated pricing.

 

[Dr. Mindwrecker]

I guess this is big news but looks like the Big Dogs are going to get what they want.

This is a closed auction, and as equity78 noted last week, it is not transparent...at least not right now...

 

[WineGuy]

Actually they are following up with phone calls today. Got one today.

WineGuy

 

[HBK216]

I have not gotten an e-mail & I filled out the form for a few names. I will wait to see if I get contacted.

 

[SKG]

It is very possible that those who got email and/or phone calls inquired on a name that received multiple interest. This is just a hunch on my part. I guess we will have to revert to the OLD saying I once heard well I pledged my fraternity 20 years ago from Active brothers in the house when we inquired about Hell Week: " All will be revealed."

 

[SharonTucci]

I hope they are doing cross-referencing to make a single call to each prospective buyer. ie some of us may be getting 20-50 calls otherwise.

 

[TheBulldog]

I completely lost track of how many times I saw the form and submitted. Haven't seen any emails yet.

 

[equity78]

Right Sanchay and this is a complete non transparent way to do things. Where you could be bidding against yourself or Demand Media.

At least Verisign gave deals and discounted regs. Not anymore a flawed process where you have no idea what's going on except to trust Demand Media.

Example Hello this is Sanchay I am interested in Surfing.tv
What is your bid?
$3000
Sorry you were just outbid
By who?
No one actually we just think we can get more out of you

Will that happen ? who knows the process is set up to be non transparent, A reserve and a Buy it now ?

Now what about the ongoing renewals ? and what about people who already own Premiums I think Millers stated Education was $7500 a year why should he not get a flat fee?

These were not reserved from day one like .mobi so having this auction process is not the way to go for the domain owner. Now if you wanted to start every auction at $50 no reserve that's another story. IMO

 

[Dr. Mindwrecker]

No one actually we just think we can get more out of you

Will that happen ? who knows the process is set up to be non transparent, A reserve and a Buy it now ?

Not only that but having an auction and a buy it now in such a non transparent way, you have no idea how many people are bidding, and who is looking at what domain?

For instance in an ebay auction or real time auction there is a time line and you can guage what type of interest is involved. Here you have no idea when the deal could go down, they could simply take a premium, and test the waters with it, then decided to hold it on the shelf for a while...

They should just put up all premiums right now and have them for an auction, 7 days and let people bid.

Either that or release them at midnight or high noon on a date.

 

[SKG]

Right Sanchay and this is a complete non transparent way to do things. Where you could be bidding against yourself or Demand Media.

At least Verisign gave deals and discounted regs. Not anymore a flawed process where you have no idea what's going on except to trust Demand Media.

Example Hello this is Sanchay I am interested in Surfing.tv
What is your bid?
$3000
Sorry you were just outbid
By who?
No one actually we just think we can get more out of you

Will that happen ? who knows the process is set up to be non transparent, A reserve and a Buy it now ?

Now what about the ongoing renewals ? and what about people who already own Premiums I think Millers stated Education was $7500 a year why should he not get a flat fee?

These were not reserved from day one like .mobi so having this auction process is not the way to go for the domain owner. Now if you wanted to start every auction at $50 no reserve that's another story. IMO

I whole heartedly agree EQ that this transparency is not a good move. It will backfire. I for one will never ever bid against a ghost bidder and the only way I would ever pay BIN in this situation is if I felt BIN was a fair price. I highly advise anyone who plans on engaging in a multiple offer situation to only bid as high as you think the domain is worth to you or to your business. Multiple offers have a tendency to drive egos and prices way up. Just my opinion.

 

[DomainAgency.com]

Question?

While the auction process is not ideal in terms of people interested in buying a certain domain, isn't it great for the overall value of our other premium and top .TV names if these prices shoot through the roof?

 

[SKG]

Question?

While the auction process is not ideal in terms of people interested in buying a certain domain, isn't it great for the overall value of our other premium and top .TV names if these prices shoot through the roof?

It depends. For one, we may never know the sale price as many businesses will sign NDA when acquiring most probably.

Secondly, while end users/businesses have more funds than your average person you must remember that a business, imo, is least likely to buy at an exaggerated price. A successful business will only acquire what is fair market value. If they cannot get that than an alternative solution will come into play. Bidding against ghost bidders is extortion in my book. As pointed out in this thread, it should be an open auction if DM is choosing this route.

 

[DomainAgency.com]

Well put SKG, I guess only time will tell. I'm hoping that some of the prices are released by the buyers and people start to take a second look at the obvious viability of .TV . With the official May 1st launch coming up and theses auctions apparently underway this quite possibly could be the last few weeks of relative calm on the .TV front in terms of mainstream exposure. Let's hope so at least. Still some awsome deals to be had on the aftermarket, but I think those days are numbered.

 

[SKG]

By the way, I can share the pricing in the example of above.

Reserve: $2500
Bin: $25,000

Here is something interesting. If I search this name at Enom.tv and look at the url bar for what we think is the pricing I will find 2500, which in this case was the Reserve.

 

[Dr. Mindwrecker]

Wow, so that means those are the reserve prices and not the price.

So a premium with a 1000 in the browser bar could very well go for 10,000 or 20,000 and 1000 is really just the starting price.

I really wish we could see the auction live...

These prices are going to be all over the place...

which could actually be a good thing in some ways... :hehe:

 

[equity78]

Well I doubt that prices will be released by anybody, not the registrant,Demand Media or Verisign. Why would they? One company may bid $30,000 to get their Initials and another only $5000

Now there are plenty of "premium domains" no one wants I guess they will just be glad you regged it for $500.

Again what about Renewal Prices? For new and existing domains


And there will be some hype for comparable domains maybe, but because someone regged Surfing.tv for $20,000 does not mean socks.tv will get offers Domains are uniquely individual