- Impact
- 10,820
I've seen plenty of domains where it boggles the mind why it has so many bids. What is really happening in the background to cause this on certain low quality domains?
What's the psychology behind it? or is it all just maths?
What I mean is I've seen some domains with tons of bids and then see the domains are either 10-19 years old. is this the only reason? Do people check the traffic on each domain?
or is it really just because of the quality of the domain?
or is it because the big money was spent on promoting the domain auction either on Namebio or Domaining or DSAD.
I've been advised even by Godaddy to only spend money on featured ads for your best domains.
makes sense but what if that's the case and most domainers do follow this rule.
Then I assume domainers don't spend money to advertise their mediocre domains. yet I've seen such domains get up to $300-$500. This is still good ROI.
but how did such domains get up to that price? is it shill bidding as it's been mentioned and suspected on here for sites like namejet or even godaddy?
I'm always impressed by auctions for mediocre domains that end up getting at the very least $200-$300.
because that means better domains can get $500-$1000 or maybe even $2000.
the other thing is are paid promotions necessary just to get as many bids on a domain auction after which there is a snowball effect?
I know people filter domain auctions by how many bids (if any) they have. is that why some domains and their bid counts simply explode?
as I've experienced before. I listed domains for auction before and got no bids. which is ok. because it was free to list. but I did spend money on promotion on Namebio.
I don't want to repeat that for each and every single domain I own and get no bids. I'll go broke.
So what's really going on with these mediocre domains getting so many bids?
(nothing personal to the mediocre domain owners who sold their domains for good money. More power to you. Buy how did you do it?)
What's the psychology behind it? or is it all just maths?
What I mean is I've seen some domains with tons of bids and then see the domains are either 10-19 years old. is this the only reason? Do people check the traffic on each domain?
or is it really just because of the quality of the domain?
or is it because the big money was spent on promoting the domain auction either on Namebio or Domaining or DSAD.
I've been advised even by Godaddy to only spend money on featured ads for your best domains.
makes sense but what if that's the case and most domainers do follow this rule.
Then I assume domainers don't spend money to advertise their mediocre domains. yet I've seen such domains get up to $300-$500. This is still good ROI.
but how did such domains get up to that price? is it shill bidding as it's been mentioned and suspected on here for sites like namejet or even godaddy?
I'm always impressed by auctions for mediocre domains that end up getting at the very least $200-$300.
because that means better domains can get $500-$1000 or maybe even $2000.
the other thing is are paid promotions necessary just to get as many bids on a domain auction after which there is a snowball effect?
I know people filter domain auctions by how many bids (if any) they have. is that why some domains and their bid counts simply explode?
as I've experienced before. I listed domains for auction before and got no bids. which is ok. because it was free to list. but I did spend money on promotion on Namebio.
I don't want to repeat that for each and every single domain I own and get no bids. I'll go broke.
So what's really going on with these mediocre domains getting so many bids?
(nothing personal to the mediocre domain owners who sold their domains for good money. More power to you. Buy how did you do it?)