A reader looking through the extended Domainfest auction list that closes On Thursday noticed these 2 domains back to back on the auction list.
One benefit of the extended auctions on Snap Vs. the live auctions is that the reserves are stated in exact dollars amounts not ranges.
Now that the actual reserves are listed, it looks like someone may have given one name a little too much credit by accepting the 1st name on the list with that reserve price for sale.
Both reserves are insanity, these are typical examples of why live auctions are failing.
Hate to say it again! …
but Oversee.net can get anything right! lol
I don’t understand the point of domainer auctions.
You are marketing overpriced domains to resellers. Good luck with that.
Brad
maybe, just because girl.com isn’t on sale?
yOU see, OverSee always like to OVer see what we don’t see.
Whatever they are smoking, I want some.
Even if one of those domains is worth the reserve no domainer is going to buy it for that much anymore. It’s just silly. And if and end user is going go buy it a that price (which may actualy happen some day) then what is the point of putting it in this auction like that would make it more special to an end user at that price. Same result could be achieved by just keeping it at Sedo perpetually at this price and waiting and soliciting. Its not like the thousands of potential end user buyers for these domains are more likely to stumble across this auction than a Sedo listing, and since the price ain’t that special promoting this to an end user shouldn’t be any different than promoting a standard listing.
I don’t get it.
They need to change their name to Oversee.NOT
Snapnames also puts these domains in my drop list so I actually think someone let them drop. Then I see the reserve and I cringe at the outrageous prices they are asking. I’m not sure it is all oversees fault though, I’m sure the current domain holders are screaming at oversee if they get anything but a $1,000,000 valuation.
I cant recall reading comments in a blog post that I all agreed with. I was shocked to see those numbers. I wouldn’t pay $5K for girltalk.com. If I had a strategic interest, perhaps $20K tops.
I think the domains were grossly overpriced especially for domain resellers. I would be surprised if they receive any bids.
I think Girltalk.com better to be in reserver range xx,xxx and not over 1 million.
“I don’t understand the point of domainer auctions.
You are marketing overpriced domains to resellers. Good luck with that.
Brad”
—
Me neither Brad
$ 1,764,710 for girltalk
Nice enough domain but crazy price, I could’nt even imagine getting that much for all my 300 domains put together and they’re a damn site more useful for development than that one is IMO.
Hello Mike,
There is no doubt in our minds that SHORT two word string Business Addresses are much more expressive BRANDING methods. This always is a more valuable Marketing Strategy to incorporate into your overall marketing plan.
It is also highly effective when these two words have an action verb, as Owen Fragers Blog pointed out some time ago.
Gratefully, Jeff Schneider (Contact Group) (Metal Tiger)
@Jeff Schneider,
I agree. Most would say Beach.com is more valuable than BeachMarket.com – from a branding perspective, we disagree. The same goes with Castle.com vs. DarkCastle.com – we believe the second term to be much more valuable, and brandable (Dark Castle is a wine brand we are aggressively working on with Napa custom-crush facilities).
Bottom line, one word domains aren’t always the best choice. Descriptive, short, two-word terms are worth their weight in gold. Branding is much more of an art than a science, at least from our perspective.
– TBC
Of course it helps that Girl Talk is a book, a TV show, a movie, a Bill Kara-type online game etc
None of which Girl alone can be
I’m guessing it had more to do with the very popular DJ GirlTalk than anything else:
http://www.myspace.com/girltalk
“The same goes with Castle.com vs. DarkCastle.com – we believe the second term to be much more valuable, and brandable (Dark Castle is a wine brand we are aggressively working on with Napa custom-crush facilities).
Bottom line, one word domains aren’t always the best choice. Descriptive, short, two-word terms are worth their weight in gold. Branding is much more of an art than a science, at least from our perspective.”
///////////
This is a domain auction, if someone thinks a random two word combination is more brandable than a one word term that is great but it has nothing to do with values. “darkcastle.com” as a domain is really not worth anything.