Comments on: Submitting To A Domain Auction, Use Caution http://www.dotweekly.com/submitting-to-a-domain-auction-use-caution/ Sun, 20 May 2012 18:20:11 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Jamie Zoch http://www.dotweekly.com/submitting-to-a-domain-auction-use-caution/#comment-9846 Jamie Zoch Wed, 27 Jan 2010 16:14:54 +0000 http://www.dotweekly.com/?p=3228#comment-9846 I have track backs shut off Mike. ;) I have track backs shut off Mike. ;)

]]> By: Mike - domainimal.com http://www.dotweekly.com/submitting-to-a-domain-auction-use-caution/#comment-9845 Mike - domainimal.com Wed, 27 Jan 2010 16:12:23 +0000 http://www.dotweekly.com/?p=3228#comment-9845 Nice post Jamie. I actually wrote a post of my own expanding on what you said about acution promotion, though it didnt seem to trackback here successfully http://domainimal.com/blog/domain-auction-marketing.html Nice post Jamie. I actually wrote a post of my own expanding on what you said about acution promotion, though it didnt seem to trackback here successfully

http://domainimal.com/blog/domain-auction-marketing.html

]]> By: Stephen Douglas_Successclick.com http://www.dotweekly.com/submitting-to-a-domain-auction-use-caution/#comment-9819 Stephen Douglas_Successclick.com Mon, 25 Jan 2010 13:28:28 +0000 http://www.dotweekly.com/?p=3228#comment-9819 Good story, Jamz. Remember the other angle - sometimes lowering your reserve below what YOU think the domain is worth because of pressure from the auction house can leave you with a bad taste if your domain sells for that lowered reserve with only one bidder. I've seen this happen many times, heard the complaints, and warn my clients to never lower their reserve to below their appraised value unless they need quick cash. There are a lot of saavy domain buyers, and without going into detail, your domain can be bought for way below wholesale value because of things happening you don't understand. Don't lower your reserve because the auction house tells you "lowered reserves excite the buyers to bid, and lots of bidders makes the price go higher". That's not the case 90% of the time. You will most likely get one bidder nabbing your domain at a price you never wanted to sell it for. Good story, Jamz.

Remember the other angle – sometimes lowering your reserve below what YOU think the domain is worth because of pressure from the auction house can leave you with a bad taste if your domain sells for that lowered reserve with only one bidder. I’ve seen this happen many times, heard the complaints, and warn my clients to never lower their reserve to below their appraised value unless they need quick cash.

There are a lot of saavy domain buyers, and without going into detail, your domain can be bought for way below wholesale value because of things happening you don’t understand. Don’t lower your reserve because the auction house tells you “lowered reserves excite the buyers to bid, and lots of bidders makes the price go higher”. That’s not the case 90% of the time. You will most likely get one bidder nabbing your domain at a price you never wanted to sell it for.

]]> By: Jarred http://www.dotweekly.com/submitting-to-a-domain-auction-use-caution/#comment-9809 Jarred Sun, 24 Jan 2010 14:48:10 +0000 http://www.dotweekly.com/?p=3228#comment-9809 Overall, it's good advice Jamie. Here at Bido.com, we put together some pages of tips along the same lines. Here are two of the pages, the first about pricing and the second about marketing: http://www.bido.com/Info/BidoPrice http://www.bido.com/Info/Marketing+Tips If I may help with anything at Bido.com, please let me know. Regards, Jarred Overall, it’s good advice Jamie.
Here at Bido.com, we put together some pages of tips along the same lines.
Here are two of the pages, the first about pricing and the second about marketing:
http://www.bido.com/Info/BidoPrice
http://www.bido.com/Info/Marketing+Tips
If I may help with anything at Bido.com, please let me know.
Regards,
Jarred

]]> By: mytony http://www.dotweekly.com/submitting-to-a-domain-auction-use-caution/#comment-9806 mytony Sun, 24 Jan 2010 10:58:45 +0000 http://www.dotweekly.com/?p=3228#comment-9806 as a newbie to the world of domaining id just like to thank the postwriter for the excellent tips. i recently put up for auction my domain cityoflondonUK.com i think i must of priced everyone out the market. I entered a reserve of what i thought was a reasonable ammount. there were no takers. so its back to the drawing board for that one. many thanks and keep up the good work as a newbie to the world of domaining id just like to thank the postwriter for the excellent tips. i recently put up for auction my domain cityoflondonUK.com i think i must of priced everyone out the market. I entered a reserve of what i thought was a reasonable ammount. there were no takers. so its back to the drawing board for that one. many thanks and keep up the good work

]]> By: Damir Tankovic http://www.dotweekly.com/submitting-to-a-domain-auction-use-caution/#comment-9803 Damir Tankovic Sun, 24 Jan 2010 05:05:40 +0000 http://www.dotweekly.com/?p=3228#comment-9803 Online Auctions are a waste of time and many of the domain names sold on there are undervalued since most of the domain auction have a bulk list of domain names 4 sale. If u have a good domain name let the interested buyer find U and make an offer to buy the domain name from u (so u get a good $$ amount). Do not settle for bread crumbs when u can get the whole bread loaf. Online Auctions are a waste of time and many of the domain names sold on there are undervalued since most of the domain auction have a bulk list of domain names 4 sale.

If u have a good domain name let the interested buyer find U and make an offer to buy the domain name from u (so u get a good $$ amount).

Do not settle for bread crumbs when u can get the whole bread loaf.

]]> By: Nameswing http://www.dotweekly.com/submitting-to-a-domain-auction-use-caution/#comment-9799 Nameswing Sat, 23 Jan 2010 18:32:45 +0000 http://www.dotweekly.com/?p=3228#comment-9799 We like to "hold the upper hand" whenever we can. Auctions allow us to throw away some of our cards and get the ante back on them when we need to. Cheers! We like to “hold the upper hand” whenever we can. Auctions allow us to throw away some of our cards and get the ante back on them when we need to.

Cheers!

]]> By: Fusible http://www.dotweekly.com/submitting-to-a-domain-auction-use-caution/#comment-9798 Fusible Sat, 23 Jan 2010 17:22:12 +0000 http://www.dotweekly.com/?p=3228#comment-9798 Great post. Great post.

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