Australia REALLY NEEDS another domain marketplace, or seven - Page 2

shags38 · #11 29-07-10, 10:33 PM

Quote:

Originally Posted by Jonathan

I agree with Worgeneral and Smile.

Shags, you need to totally re-evaluate your domain purchasing criteria or you are going to end up wasting a whole lot of money.

Going from no domaining experience whatsoever to purchasing 600 Australian domains and 1200 .com's seems like absolute madness to me.

This is great feedback !! .... I have to love statements like "you really need to" and "you are going to" .... the kinds of statements I told my kids, my wife and some colleagues not to use. you may need to, you may benefit from, you may end up..... saves a lot of egg on the face when the definitive statements are either incorrect or are later disproven.

I have only purchased about 15 names .... all at auction and all very good buys .... the last being CELL3D.com (dropped, on Pool.com, USD65 ..... how many 3D CellPhones do you think a name like that will sell? .... how much do you think a Verizon would pay for that name? .... I suppose to answer that one needs to believe that 3D Phones will be marketed .... I will post some sites / articles soon on the subject ..... legit stuff from manufacturers). The rest of the names I created, and the majority are 3D focused because I have faith in the future of 3D for many consumer products, not just TV. Some are absolute crap names but they are mine .... and I can elect to not re-register them or use them as prostituted princesses to direct traffic to good site name, sold as a package, slaves with the main site name

Madness no, possibly ill planned ..... however there is security in numbers. The whole portfolio has cost me about $25k (I'm getting some nice reg rates for bulk) .... I cannot lose money, it is more a question of how much I can make .... I only need to sell 25 names at the NetFleet average sell price I mentioned in the earlier post and I am square with over 1900 names left (my current register count is 1977) .... it is all about numbers. Some, not many, of the names I have are / will be very valuable (3d3d.com.au, 3dcricket, 3drugby, 3dbasketball, 3drugbyleague, 3dfootball, 3dsoccer as examples..... all .com.au and all but one in the reverse order ..... IPL are interested in 3D2020.com and they have plenty of money

).

In any case this is not about ME .... the whole idea of this forum I thought was to discuss things about domaining for the betterment of all ...... stirring things up creates spirited discussion.

I have a bunch to learn but I also believe I have something to contribute (am changing name by deedpoll to Robinson Crusoe)

cheers,
Mike

Jonathan · #12 29-07-10, 10:53 PM

Quote:

3DTVChoices.com.au will fetch $18k, maybe not tomorrow but within 12 months certainly

Quote:

In respect to 3Dnet3D ...... I reckon I'll get about $2 - $3k from an ISP within a few months

Quote:

I cannot lose money, it is more a question of how much I can make

You may be living in a fantasy world.

shags38 · #13 29-07-10, 11:09 PM

Quote:

Originally Posted by FirstPageResults

I think you fail to understand that most of the leads are coming from the 'name spinner' function.

Also, listing fees would only work on a boutique marketplace where unrealistic prices do not exist IMO.

Perhaps domains with pipedream prices should be purged...

Just like a good domain name ... short, descriptive and succinct. I am all ears and willing to learn .... maybe it is explained on the NetFleet site but please humor me .. what is a name spinner and of what "leads" do you speak?

I await your explanations with much anticipation ..... I think I know what you mean by a name spinner but you have me miffed with "leads" - do you mean sales leads?

Again I may be wrong however I detected some sarcasm in the pipedream prices comment? .... if I am indeed wrong then please ignore the following .....

What is the value of a domain name? (value, not price) .... who determines the value? (again, not price). Pipedream, aka unrealistic, over the top, tec etc. Nice day = individual interpretation or individual value .... a nice day to one person is a windy, sleety miserable day to another.

Target = something to aim at ..... quote .... "those who aim low will not achieve great heights". Target price on one of my sites is $17640 ... I'll readily take $4000 for it .... the buyer got a great bargain right?

I suppose it comes down to marketing approaches ..... current thinking for auctions is to start at a low starting price so as to create some activity with the philosophy being activity will generate more activity. Fair thinking.... kinda ..... small opening bids often generate small counterbids and so on and so on ....... have a look at some of the sales and the number of offers versus the sales price ..... 6 offers for a $200 sale price which was the target price ..... cheaper entertainment than going to the movies.

If I genuinely think an item (in this case it is a domain name however we should look beyond the hexagon when looking at marketing principals) is worth $5000 and the markety will stand $2000 in my opinion ..... why would I make a starting offer price level at $50 ..... bidder 1 bids 50, bidder 2 if smart bids 100 and so on ...... is someone who bids $50 as an opening bid going to pay $2000 let alone $5000 ???? ..... not on your nellie. If you are going to be happy with $400 then sure, start the level at 50. I personally would be very suspicious indeed if someone was asking $5000 for an item (any item) but was prepared to start pricing negotiations at $50, or even $200 .... I smell a rat. It is an e-bay auction mentality that has been ill applied to many other situations.

The NetFleet market is NOT AN AUCTION. Why apply auction mentality or auction marketing principals?

How does "normal" selling work - always ask for the most you expect to get then work down. So .... what do you expect to get ? ....... see, this is where one persons price is a pipedream and anothers is not.

I have changes ALL (bar a few) of my listings to a $50 starting price ..... just to see what extra activity it generates ..... without an excel spreadsheet or a select all setup etc do you know how many hours it took to edit 12 full pages (600) of listings .... 3 1/2 hours, head down, ass up, no breaks. The result ..... I am inundated with offers.

Now I will spend another 3 1/2 hours resetting the starting price to a realistic starting price ....... if I feel $5000 is achievable then if a buyer won't open negotiations with a $500 offer then it is just another domainer looking for a bargain hoping the seller is desperate ...... I may sell at $500 but I certainly won't be encouraging tyre kickers

keep the feedback coming ..... cheers, Mike

shags38 · #14 29-07-10, 11:19 PM

Quote:

Originally Posted by Jonathan

You may be living in a fantasy world.

lol ..... I may indeed ..... but it is my fantasy ....

I figure you are not a believer in the future of 3D and hence the 3D names?

1977 names @ $15 = 30k
1000 @ 30 = 30k
500 @ 60 = 30k
250 @ 120 = 30k
oooops 1 @ 5600 ... calculations getting harder.

please stop me when you think I am fantasizing about not losing my investment (25k)

IPL will pay in excess of $25k for 3D2020.com ...... write it in your diary

cheers, Mike

shags38 · #15 29-07-10, 11:21 PM

Quote:

Originally Posted by WorGeneral

I tried to give you a serious response but no more...

lol - WTF is a serious response .... WTF

shags38 · #16 29-07-10, 11:27 PM

Snoopy,

a breath of fresh air to read your responses .... some very sensible comments and taken onboard. Thanks

cheers, Mike

shags38 · #17 29-07-10, 11:33 PM

Shaun,

Many thanks for the thought but I have all of those names, except the last one and ethically I cannot use someone elses ideas. Keep trying, you may come up with some more original 3D names ..... there aren't many left so do not 3DDilly 3DDally, and try to keep them short (that last one is just a 3dbit long3d)

cheers,
Mike

p.s. there was one name amongst your suggestions that brought to mind a name and I reckon you deserve it so I'll let you reg it .... be quick in case someone else sees this too. 3DBarmitsva

shags38 · #18 30-07-10, 12:06 AM

Snoopy,

Again I want to thank you for your comments and responses. I have been in and out of here for a few weeks now, making a lot of noise, and previous to that was hanging around some U.S. based forums.

I have purposely been making a noise to get educated but have invariably been chastised - mostly short sharp WTF, will never sell, asking too much, you don't know what you are doing etc etc comments WITHOUT ANY REAL SUBSTANCE OR EXPLANATION ...... like chastising a child for doing something wrong but not teaching them how to do it right, or at least guiding them. I can agree with most of the comments however I rarely say so because of the tone of the responses.

I have undoubtedly gone into this blindfolded and now have to try to work to improve my situation. I have great faith in my ability to earn money via the internet however domaining is not the avenue for me (white flag).

And no I haven't thrown the rattle out of the pram but moreover I believe I may do better at developing niche internet businesses using my marketing experience than buying and selling names. Having said that I realize there is no easy road there either.

I will probably still buy and reg a few names here and there, force of habit now I think, and slowly divest myself of my portfolio.

Thanks for helping to make the penny drop.

cheers,
Mike

p.s. 3dhuge 3dfire 3dsale 3dat 3dNetFleet

davids · #19 30-07-10, 05:31 AM

Shags,

From what I've read, it may moreso be an issue that you're trying to value the recently registered domains yourself rather than let the market determine the value for you.

If you think/know the domains you have now will be worth a lot in the future, hold on to them until such a time as the market is in demand for them. If you have the supply, you'll fetch the prices you want.

Also as Snoopy said, comparing the .com market to the .com.au market probably isn't the best approach. Things that fetch tens of thousands in the .com market may only fetch a couple hundred in the .com.au market.

Billy01 · #20 30-07-10, 07:35 AM

Don't upset the apple cart

If you're names are any good list them on Sedo.com

You can load up 200 at a time.

That should keep you busy today

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