Domain Manage

EBAY or not?

Discussion in 'Selling Domain Names' started by Whibs, Apr 20, 2012.

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  1. Whibs

    Whibs Active Member

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    I have a client looking to sell a domain, one of the most premium domains there is and certainly enormous potential.

    He has asked me if it is worth posting such a domain on ebay, i honestly dont see the point but would like to hear your thoughts. The domain in question is valued in the £xxx,xxx region.

    Any advice warmly welcomed

    Whibs
     
  2. Domain Forum

    Acorn Domains Elite Member

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  3. domainseller200 United Kingdom

    domainseller200 Well-Known Member

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    Please don't tell me you are thinking of listing Poker.co.uk on eBay ?
     
  4. Sound United Kingdom

    Sound Well-Known Member

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    There is a big difference between brokering a domain and listing it on Ebay.....
     
  5. cm1975 United Kingdom

    cm1975 Well-Known Member

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    Why pay ebay to provide a service that is not designed for purpose? If you're wanting to using an online bidding system, use one that incorporates an escrow service and get value for your/their money.

    Better still broker it yourself and take a fee.
     
  6. Whibs

    Whibs Active Member

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    The domain has been brokered and we have an offer that is under consideration, we have actually been comunicating with 30 potetnial bidders but with such domains that process is slow, as the investment is substantial. Slowly but surely we are at the end of the list of potetnial, we have one very firm offer on the table. I am brokering this domain!

    I have never used ebay and have advised against it but as the seller one must consider the publicity one could raise, the more this domain hits the headlines the greater the chance of gaining greater interest.

    We have contacted all potential endusers, all big domain investors, all domainers that specifically purchase gambling type domains and could afford such a premium domain.

    It was never about sticking it in auction at ebay to see if we could get an offer, we already have one but the seller, rightly so, is looking to get the word out and asked me if this is something i would recomend. My first instinct is no, stay away from ebay, but you guys may know better.
     
  7. domainseller200 United Kingdom

    domainseller200 Well-Known Member

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    My answer is Yes! Put it on eBay - I want 2% broker fee if successful, seeing as you weren't going to list it until I said to :)
     
  8. boxfish United Kingdom

    boxfish Active Member

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    I think it would get some good coverage being listed on ebay, cause a stir.
     
  9. wb United Kingdom

    wb Well-Known Member

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    Out of interest, was the current offer received after an approach you made directly or was it an entity that already had an interest?
     
  10. Edwin

    Edwin Well-Known Member Exclusive Member

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    Give it to a specialist domain auction house, or at the very least to an auction firm specialised in business asset auctions. Popping it on eBay's like putting it out for sale at your local car boot fair on a Sundam morning...
     
  11. cm1975 United Kingdom

    cm1975 Well-Known Member

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    I agree. You should focus on B2B, rather than B2C.

    Personally I would think about Sedo. Whilst they have their problems, you have to consider the mailing list they have to market it too and therefore the potential audience. You would be better using someone who will actively market your domain in a B2B environment, rather than relying on word of mouth.

    That should minimise the additional legwork required to advertise the auction.

    Why not contact Sedo and negotiate a preferential rate?
     
  12. Edwin

    Edwin Well-Known Member Exclusive Member

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    If it's a .com and applicable to a worldwide audience (including the US) then go with one of the big American brokers...
     
  13. Pred United Kingdom

    Pred Well-Known Member

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    I actually don't think it will cause a stir being a .co.uk
    great domain, and yes worth xxx,xxx range all day long

    got to be a .com, and great for ebay
    when I have seen it work, it has to have these 2 factors to sell for a great price on ebay, even then, not that often

    also surely if unsold, which is how it prob would turn out, wouldn't you have to pay ebay a large sum in regards to the reserve price or starting price percentage?

    put it on domainlore lol
    Denys would probably waive any fee to get traffic and publicity from domainblogs etc
    he might insist on a starting price of £3.5k rather than £350k though lol

    jokes aside, as it's a website with earnings, why not flippa?
     
    Last edited: Apr 20, 2012
  14. BREWSTERS United Kingdom

    BREWSTERS Well-Known Member

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    Premium domain - seller must want to find the best possible buyer unless they are time constricted.

    Top names attract numerous interested parties, most of whom want to buy at under value. There is only one 'best buyer' - it's the brokers job to find who that is and get them hot for the name.

    I'm not a broker, but if I was and a client wanted to list a name on Ebay, I'd cancel the contract. Likewise visa versa.
     
  15. scottsmith United Kingdom

    scottsmith Active Member

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    Edwin, name was given in the first reply.
     
  16. Retired_member41

    Retired_member41 Retired Member

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    I know I get lots of stick for mentioning the obvious. But this is a nonsense surely.

    For goodness sake. Put on a suit and go and visit the major bookmakers and players and pitch it to them.

    Fred Done has an open door policy so there is one meeting you can make easily.

    Touting it like this is making it a bit of a joke. It has a very good company supplying the backend so you would need to explain why it's not converting and why someone else could make it convert.
     
  17. namealot United Kingdom

    namealot Well-Known Member

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    Personally would'nt think of any auction in the first instant You could sell it from the back of a car its who knows it for sale, how much they want it etc,,,, .... Plenty of names are never sold through any type of auction..?

    Looked at another way easily arguable eBay has more end user, buyers, distributors, manufacturers, etc connections than the entire domain auction industry put together? atm they certainly do not push that side of there business…? Its always worth an approach see if they wished to expand that side and what better ? one may not be enough though but they can only say no… Marketing is the key to any successful sale????
    If they did and put on a long enough auction you could even be a tidy sum made from all the extra traffic they could provide ? Would buyer not buy because of the auction I doubt it.
     
    Last edited: Apr 20, 2012
  18. Bailey United Kingdom

    Bailey Well-Known Member

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    ebay is definately not where you want to see this domain listed. many. many years ago maybe.

    I going to reluctantly agree with the comment about Sedo. They would love to see their name attached to the promotion of this one . Yep the commissions going to be high, Hard to beat the platform though
     
  19. Bailey United Kingdom

    Bailey Well-Known Member

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    Edwin has one of those focus fields that only looks for his 'green/Go words' in text - not those from anyone else ;)
     
    Last edited: Apr 21, 2012
  20. Edwin

    Edwin Well-Known Member Exclusive Member

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    I saw that but decided to wait until somebody confirmed that was the domain as the post could have been a "guess".

    Anyway, it's kind of weird to read that somebody's brokering a domain and also to see them asking about eBay, but horses for courses...
     
  21. Ashton United Kingdom

    Ashton Well-Known Member

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    Congratulations Whibs, and good luck.
     
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