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TheDomains.com

TRAFFIC Vegas Opens Up Auction Submissions & Eliminates Paid Submissions

March 13, 2013 by Michael Berkens

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According to a press release we received today  T.R.A.F.F.I.C. conference is taking submissions for the T.R.A.F.F.I.C. auction in Las Vegas which will be held May 29th- June 1st at the Bellagio Hotel.

The submission period opens today and will be “ending next Wednesday” which is March 20th 2013,  (or sooner).

“We had an exciting auction last year but this year we are going to ratchet it up a bit.” say Rich Schwartz.

According to the announcement the auction will not accept paid submissions

“It was a tool we used to jumpstart what we were doing but it is no longer needed and we lose control of some of the quality doing it like that.”

“Secondly, more than 85% of the auction will not only be NO RESERVE, but we are featuring ONE WORD domains with NO RESERVE. ”

“So those that submit domains with one word get priority as is the case with leasable domains”.

“Third, the submission process is only open for 1 WEEK or LESS. ”

“That’s it. ”

Starting today. ”

“Once the dance card is filled, we are closing submissions and judging from what has already been sent in anticipation of this announcement, won’t be open long.”

“We Could close as early as Friday or MONDAY.”

“Fourth, as you know there is only so many hours in a day so let me say I just can’t respond to 1000’s of emails. So, listen closely……I am not trying to be rude…….but you will ONLY hear back from me IF I select your domain. ONLY!”

“Really. I am sorry. ”

“Don’t include notes etc for me to respond to because I may not see the note as I only focus on the domains and I don’t care who submits what. I only focus on the domain name. I don’t do favors. ”

“I only focus on the domain name. I only pick based upon the other submissions. ”

“Domains speak for themselves.”

“I will look at stats if any. Post next to the domain name.”

“Fifth, don’t send attachments. I won’t open them and I will just delete the email. Sorry. Put your domains in the body of the email only.”

“Sixth, Don’t send me lists of hundreds of domains. Pick 10-20 you want me to consider. Again, no reserve has priority and ones that have a reserve must be priced to sell to a domainer not an end user. This is a WHOLESALE AUCTION!! If a domainer can not expect a minimum of a 10x return, forget about it!”

“Seventh, This will be a VERY fast moving auction. Even faster than last year because this year I will be sitting in the audience with a GAVEL in hand. No action, the gavel goes down and NEXT!! REALLY!”

“Eighth, Escrow.com will once again handling all transactions. In our first year, last year, we devised a system that will make transfers even faster. We were able to close 75% of all the sales within 14 days of returning from the show.”

“Ninth, Percentage of sales will be highest ever! Period!”

“Tenth, It will be fun, exciting and most importantly, profitable.”

You can send your submissions to domainking at gmail.com

Thanks and Good Luck!!

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Filed Under: Domain Auctions, Domain Conferences

About Michael Berkens

Michael Berkens, Esq. is the founder and Editor-in-Chief of TheDomains.com. Michael is also the co-founder of Worldwide Media Inc. which sold around 70K domain to Godaddy.com in December 2015 and now owns around 8K domain names . Michael was also one of the 5 Judges selected for the the Verisign 30th Anniversary .Com contest.

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Comments

  1. robsequin says

    March 13, 2013 at 12:55 pm

    I support all of these points but this one:

    “Seventh, This will be a VERY fast moving auction. Even faster than last year because this year I will be sitting in the audience with a GAVEL in hand. No action, the gavel goes down and NEXT!! REALLY!”

    I’m not sure that is legal or fair to be honest.

    Rick is not a licensed auctioneer or the auctioneer so I would suggest overriding the auctioneer’s legal right to sell domains.

  2. robsequin says

    March 13, 2013 at 1:01 pm

    would NOT suggest…

  3. BullS says

    March 15, 2013 at 12:57 pm

    This is what we called Suicidal Auction

    Going going going Gone before the eyes can blink.

    Next please…


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