Aftermarket.com to hold “after party”auction

Sound like a drunken afterthought that could cost you dearly in the morning after sobering up:) Way too risky for the seller.

@Francois
Yes, companies/people love to take advantage of things and do not give props when they should. A small “Thank You” can go a long ways, but is rarely done!

I got the same email, and I also thought “not!”
Auction houses need to figure out that “we” are their customer first! They need to show us that they are going to spend the time, energy, effort and money to advertise what they are selling.
We have been duped into this idea that “they” are doing “us” a favor.
Can you imagine your real estate company treating you this way? What if they didn’t bother to “list’ and “market” your home and just acted like they were doing you a favor? What if they only marketed your home to other realtors, but never bothered to try and market it to “end users”?
It’s time for some fresh auction companies in this business. It is not true that end users will come one project, one need at a time… Not if they are educated correctly!
A company that sells 15 products and 4 services, for example, could very well be inspired to own 100-150 keyword rich search related, and call to action domains related to their business.
A company like LisasBags.com that sells handbags might benefit from owning:
ClutchBags.com, CanvasHandbags.com, FormalPurses.com, LeatherHandbags.com NylonHandbags, clutchHandbags, BuyAClutch.com, PromPurses.com etc…
These are domains that can benefit their SEM results. They don’t dilute their brand and they would lower their Adsense costs. They don’t need to build websites on each domain, just redirect to their existing site.
This was a made-up example… but you can see my point.
There is a reason auction houses aren’t focused on getting end users to the auctions….Top level domainers are not done with their own buying yet…when they are done picking off your bargains, they will start getting the end users to the auctions to buy the domains they just bought from you. Mark my words.

wow. Even conspiracy theories.
How long does it exactly take to get these end-user to an auction? 4 days isn’t enough? Why do we need weeks/months or however long you are implying ?
More puzzling, if you have a domain and you’re putting it in auction (or it’s for sale now), why haven’t you contacted the end user . . .Why aren’t they buying already?

These live auctions are a 1 time wholesale/liquidation environment. The average “joe end user” will most likely never participate as they are not part of this environment. They buy when they need or when they have the money or when they think of it. It’s all timing. The aftermarket sites that have gigantic lists of domains for sale all benefit from this (proof in their daily sales) They can sit back and take advantage of end users stumbling along and wanting, needing and having the money to buy. They are there for that exact moment when it happens. You want to talk about not doing anything, have you ever considered what’s involved there ? It must be a conspiracy.

I cant speak for all of the efforts of any other online auction company, but I know from discussions that each of them engages end-users. Have you ever read how the cowboys.com story turned out?

The end-user dream is obviously still alive and well in the domain space, but it’s all about timing and circumstances, most of which can not be created by advertising or contacting people. We’ll all continue to work on marketing, advertising and making outbound calls in hopes that the timing is right and that we hit the right buyer at the right time. That’s what’s being done.

Constructive criticism is great. We’re all in this to sell domains. Let’s work together. Conspiracy and make believe shouldn’t be part of this conversation.

How long does it exactly take to get these end-user to an auction? 4 days isn’t enough? Why do we need weeks/months or however long you are implying ?
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In this case, it was even a surprise to me, to get the email about the After Party auction. My gut feel was… that auctions done and over with, not many people will be “heading back” to the auction.
For the main auction, rethinking, I guess it doesn’t really matter when a domain list comes out, since people already know the auction will be happening. A day or Two is good enough for me to let the people I want to know about any domains I have in the auction.
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More puzzling, if you have a domain and you’re putting it in auction (or it’s for sale now), why haven’t you contacted the end user . . .Why aren’t they buying already?
~ I have my list of emails (that I am already in contact with) to email about a specific domain auction of mine. I save all my email offers, just because we didn’t agree on a price in the past, doesn’t mean the bidding process of an auction might not get them a bit more excited. Having a group of people that showed past interest never hurts to have around during a live auction.

@ Adam #10
I see the auction house bringing in the Second Bidder. I bring in my interested parties, they have theirs. It always takes two bidders to raise a price in any auction. So the more bidders that Will Bid, I see the better.
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All my domains I submitted were $1 No Reserve. I had a $500 offer on GenuineGold.com which I turned down to an end user (Genuine Gold LLC) but offered it in the Aftermarket auction NR. It’s a discounted price. Same thing with irrigators.com but a higher offer.
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My price claims in the original post was simply showing that many of the 5 figure domains were not getting bids, but all the No Reserve domains were clearly sold. I would rather put a nice domain with NR in a live auction that I know will do pretty well and potentially could do very well, then a nice domain with a $xx,xxx price tag that might get a bid.

@12 E
GenuineGold.com is not a reg fee domain. I know many jewelry sites that have shown interest and wouldn’t mind to own it. Everybody values a domain differently, but it’s not a reg fee domain.
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I’m from the North and would of, should of, could of is the way we talk Yah know!

@14
Bido.com lists it next 7 auctions coming up, so it’s more then the “day” the auction happens. Bido also does promotion “behind closed doors” to promote. Twitter, Facebook etc.
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So far, 3 of the Aftermarket auctions are still at $1 with the highest at $500. 3 in the $100 range, so right now I think I made the right choice. We will see what happens…