The No/Reserve live auction from Domainfest just concluded with a total of $152,750 in sales.
Love.info lead the way tied with FamilyCounselor.com at $12K each.
Here is the full list of domains that sold:
| $12,000 | Love.info |
| $12,000 | FamilyCounselor.com |
| $11,000 | Pucks.com |
| $10,000 | Taskmaster.com |
| $8,500 | Smart.org |
| $7,500 | Snack.net |
| $7,000 | Supply.net |
| $6,000 | Clairvoyants.com |
| $6,000 | Ringtones.cn |
| $5,750 | OneWayTicket.com |
| $5,500 | Borrow.net |
| $5,000 | DiscountJeans.com |
| $5,000 | CollectibleCards.com |
| $5,000 | LoanInterestRates.com |
| $4,500 | XmasToys.com |
| $3,750 | Dolls.eu |
| $3,500 | Platelets.com |
| $3,250 | Illustrating.com |
| $2,700 | DigitalServers.com |
| $2,000 | GiftBaskets.info |
| $2,000 | AutomobileInsurance.biz |
| $1,600 | Gallows.com |
| $1,500 | HeavyMetal.net |
| $1,500 | Senseless.com |
| $1,350 | GroupDental.com |
| $1,250 | CashBackRebates.com |
| $1,200 | VoipRates.com |
| $1,200 | TabletsForSale.com |
| $1,100 | RefinancingRate.com |
| $1,100 | ForexTradingTools.com |
| $1,100 | VisitPalermo.com |
| $1,100 | Evaporated.com |
| $1,100 | KentuckyDoctor.com |
| $1,100 | ReservingRooms.com |
| $1,000 | TaxiCabs.net |
| $1,000 | LocalAid.net |
| $1,000 | Grilling.net |
| $900 | HandheldVideoGames.com |
| $800 | DailyBusinessNews.com |
| $800 | Subscribers.net |
| $800 | Appetizers.org |
| $500 | Cooks.info |
| $500 | Seminars.biz |
| $400 | 5NightCruise.com |
| $400 | TeaAccessories.com |
| $200 | Dilating.com |
| $200 | ChampagneCorks.com |
| $100 | ManhattanApartmentBuilding.com |
| $152,750 |
Which ones did you pick up?
Yikes. These are bottom prices for some really nice keyword domains.
I think this is the lowest gross for a live auction of all time.
NOT good.
I think the prices are low because the quality is low. There is a lot of semi-brandable domains there that don’t exactly specify what they are selling…..such as LocalAid.net, Taskmaster.com, Illustrating.com. What aid, task, or illustration are we talking about here? Very vague indeed.
Though maybe great for an end user, or some domain flippers, in many respects, I think there are more and more savvy domain investors looking for specific prodservs now and not so apt to toss money at a vague domain that is not very defined in its inherent intention.
@ Rob… this was the auction for low and no reserve domains only… the premium domain auction is Thursday
Rob
Brian is correct.
This was only the low-no reserve auction and it was the highest amount one of these ever generated.
Main auction is on Thursday.
Our picks are coming tomorrow.
Domain Investor
$200 ChampagneCorks.com
I personally dislike .biz names but feel how can you go wrong with seminars.biz at $500
Seems like a very solid lot ot results to me.
Good .biz and .info showing.
Hear my rant at http://www.successclick.com
Thanks Em-B for allowing my bloglink to be posted. I had 13 domains accepted into the auction and posted them at NO RESERVE but received NO BIDS. Heck, I would have bought my own domains for at least $100 minimum, and I’ve been evaluating and appraising domains for a decade.
This might be a good thing. I think the incest cycle of domain sales to other domainers has significantly died. Time for end user sales. This pressure is now on the auction sites. They’ll have to step up their marketing efforts. Read more on my blog. Thx Em-B
$12,000 Love.info – nice number one
seems that having the low/no reserve auction as a separate event was a solid strategy…
arent I glad I let xmastoys.com expire because I couldn’t sell it for $100 š
Quotes –
“I think the incest cycle of domain sales to other domainers has significantly died.”
“arent I glad I let xmastoys.com expire because I couldnāt sell it for $100”
Stephen, domainer to domainer sales have fallen off a cliff.
You can see it on Sedo’s daily auction, forum offerings and domain meeting auctions.
But, the irony is that when a domain drops and auctioned off by Namejet and Snapnames, people are willing to pay much more.
If you offer to sell domains to NameMedia, they will offer you a very low price. But, they are willing to pay much more for the same domains in an auction.
Go figure??
I have an issue with the auctioneer.
If you look at an auction like seminars.biz.
Once he received a bid for $500, he went to $750 which is 50% more.
If no takers at 750, he should drop it $600 which he did not. It was the no reserve auction so this should be the norm to get as much as possible.
If I was the seller of the name, i would be upset because he could have sold the name for more.
This happened twice with names i was interested in.
Steven
I understand your position but you have to keep in mind that there were 80 domains in less than 90 minutes, so you have to move in some increments so the auction keeps moving along and doesn’t go on all night.
Tomorrow there are I think 250 domains if each one takes 3 minutes, you do the math
Hi Em-B,
I helped test the first online web video auction at the DRT 2007, which I was EP, so I understand the parameters and limitations. But the domains have been posted for a while, and aren’t only first introduced at the auction. My general statement was meant to address the reality of decent domains with no reserves not selling because there aren’t enough potential buyers, which means a new “marketing model” of selling domains at auctions has to be explored, and quick. I posted my free ideas for this on my blog. Thanks!
“I had 13 domains accepted into the auction and posted them at NO RESERVE but received NO BIDS. Heck, I would have bought my own domains for at least $100 minimum, and Iāve been evaluating and appraising domains for a decade.”
48 out of 73 names in the auction sold which is a very strong number. If all 13 of your names didn’t sell then it sounds like a quality issue with those names. If we take out your 13 that makes 48 out 60. I don’t think you can blame the model when 80% of the others names in an auction sell.
Mike,
I understand that there were 80 names in 90 minutes but that is not my problem. That is poor planning and sends the message they just want to sell namea and make a commission.
The message they should be sending is we do everything we can to help your names sell for top dollar.
Alot of people ask where are the end users. They are not coming. However, if the auction houses do not even maximize the sales potential of the names to domainers then why use them.
There are now auctions every month, even daily. Lots of ways to sell names. They need to re-evaluate their priorities.
@Snoop
I didn’t do the full analysis you did (where do you find the time?) to say that 48 of 73 domains sold in the “no reserve” section.
The domains I submitted were accepted by Moniker’s very qualified domain appraisers for this auction. That’s good enough for me, because I also know what these domains are worth from past offers on them (all over $300-$500), and the fact that most of them earn enough for renewal price and more. After posting my concern about this on my blog, I received several offers on some of the domains, which I forwarded to Moniker to assist the interested parties in bidding on these domains.
My point really isn’t that “gee whiz, why didn’t anyone want my domains – boo hoo”, but more to the core problem – there’s not enough qualified buyers involved with knowing there were domains they could pick up cheap. I could easily shop these domains around individually to end users and sell them at $100, but that takes my valuable time, and I charge a lot for my time. I expect that bulk auction sites would do the smart thing and ORGANIZE their domain submissions into categories, and then contact the industry organizations and publications relevant to those categories. It’s not hard, but it takes a small investment.
The point is, domain auctions need to categorize and promote the domains within those categories to the industry publications and marketing sites relevant to those categories. That way, when someone wants to sell a great domain, like “FleaKiller.com”, they can submit it to the auction, knowing that the auction has dedicated their marketing resources to reach out to ‘pest control’ publications relevant to that category. I could mention one website right now that tells you ALL of the companies that break down the prodservs for any domain auction program to use in order to do this. To use their full services costs thousands of dollars, but the return would be incredible. Which auction service will step up and take advantage of this information? If they needed help in this direction, I am available for hire. I worked for FCB, a top five MAA company, and several smaller advertising companies, and in my own company, promoted my organization to the media for free exposure one advertising exec told me was worth over $5 million worth of advertising. (I wish that this exposure actually returned that payout).
Bottom Line: Categorizing domains for themed auctions, and simply promoting the auction and the domains within the relevant category to the right market would bring in more buyers. Not only would domains sell for more, the promotion of the domains to the relevant business markets would educate a lot of newcomers in the business world to the value of domaining.
Additionally, domain sellers would feel comfortable submitting their domains into an auction that states they are marketing to a certain prodserv category. I know that Moniker has done this before, but usually it’s Monte attending some other conference, instead of their main conference Domainfest, or even providing online “categories” for non-domainers to search for domains relevant only to their category. Where’s the “EDUCATION OF DOMAINING” pages at these sites? It’s not just Moniker, even Rick Latona didn’t categorize the domains he was selling either, at both TRAFFIC conferences in NY and Vegas. This makes the auction a jumbled mess for noobies.
How hard is it for these two main auction houses for domains to simply CATEGORIZE the domains they’re selling, and to spend a little cash on PR and advertising directly to the publications that sell to the individual industries relevant to the domain categories? Not hard at all… at least from my experience.
Overall, my opinion about domain auctions isn’t a lone island. Many domainers agree that categorizing the auctions into themes is an important move to make domain auction sales reach their best prices, based on educating end users and bringing more buyers outside the domain industry.
Now I just got sucked into providing significant advice to auction sites for domains, and I will bet that within a year, this biz model will be implemented at all auctions by 2011. If not, then we get what we deserve — each other. I’ll be living at your house, and having tea with you every afternoon while we rail against “those knuckleheads”. I can’t wait! What’s for breakfast, Snoop?
If you want to argue against this direction, I’d love to hear your reasoning.
Stephan, instead of writing 10 paragraphs of text perhaps you should do that analysis? (which takes about 10 minutes)
As I said exluding your names the sale rate was 80%, that speaks volumes for the real reason your names didn’t sell.
@ Snoo “Paul Shaw” py,
What “speaks volumes” is that you didn’t do your homework and posted erroneous data for the fine readers of TheDomains. There’s over 500 “no reserve” domains in the Moniker auction system, and they didn’t sell “80%” of them.
Most telling was you dismissing the point of my article. I’ve always pegged you as a “Negative Nelly”, someone who loves to publicly make non-constructive “assessments” of other people’s domains and domain businesses without any “solutions”.
However, my comments were based on wanting domain auctions to start using a different marketing model by featuring category listings of domains to increase more sales at higher prices, which also enlarges the buying pool.
Funny, you never addressed that. Instead, you posted 10 minutes of your phony “analysis” – specifically to try and make it look like my domains weren’t “worthy” of the auction. Who are you, Glenn Beck?
Looking forward to reading your complete ten paragraph analysis on all the domains that sold at every level of the Moniker auction, maybe include categorizing them by prodservs, by sell price, by auction location, and whether they’re listed as “no reserve”. (This post took 10 minutes, but I wanted to make sure that I bought you at least one tall warm pint of “f*ck you”.)
“Thereās over 500 āno reserveā domains in the Moniker auction system, and they didnāt sell ā80%ā of them. ”
Stephan, there was 73 names in the auction, 48 sold. If as you claim 13 of the unsold names were your’s the math is pretty simple. 48/(73-13).
@ Paul (Snoopy)
Man, you don’t read anything, do you? First, my name is “Stephen”, not “Stephan”. Second, I’m telling you what I know, which is more than you seem to know nor want to know. You need to pay attention, and then make a cogent response. Right now, you’re babbling. There are over 1500+ domains listed in the Moniker auction, segmented into different auction mediums, including LIVE, EXTENDED, and SILENT. There are over 500 “no reserve” domains listed.
My domains weren’t all presented in the “73 name auction” you’re talking about. SHOW ME I’M WRONG. If you can’t, then I expect an apology. If I don’t get one, then you’re not a gentleman, are you? If you prove me wrong, I will publicly apologize.
This is my last comment to you on this subject. Eagles don’t eat flies.
Stephen, this thread is about the sales results from the low reserve live auction, it had 73 names in it. Below is what you came to this thread stating on Jan 27th,
“I had 13 domains accepted into the auction and posted them at NO RESERVE but received NO BIDS. ”
If you you now state you are talking about the extended auction, that auction hadn’t even started when you made your post claiming you had 13 names that didn’t sell, it started the day after on the 28th and runs until the 4th.
Paul, it’s funny you don’t realize that pre-bids can be made at any time on any auction, by phone, email, text, proxy, online, personal assistant, etc.
You’re missing the point of my suggestions about auctions in general. Reading your responses is like watching a dog chase its tail.
Stephen, Talking about pre bids is nothing more than a dodge. No amount of dancing around will change the fact that your comments here and on your blog are based on a whole lot of factual errors on your part,
In particular,
-Thinking you were in the no reserve live auction.
-Not realizing that the auction you were actually in hadn’t even started.
http://www.successclick.com/is-it-time-for-auction-sites-to-market-to-end-users_2010_01_27/
I see you have already starting crossing things out, you probably need to cross out most of the post.