Acorn -The New Domain Doctors Surgery

[Bailey]

I think we should start having "opening-hours" given some of the posts and requests of late - you don't suppose it's all the work of one person pulling our plonkers do you.

 

[Bailey]

Anyway - I'm just as guilty for answering the questions.

Matty that is in jest - I hope

 

[Bailey]

Have previously been criticised for being too ambitious for someone of such low post count! Tarred by the same brush of the regular posters of awful domains.

Well dosen't come from all of us, sometimes there will always be an off-the-cuff comment that can be taken to heart and one of the reasons i try to inject some humour sometimes. We all have our good and bad days. thats the trouble with text speak - it often depends on the receiver as much as the sender for interpretation

 

[Alien]

Was going to say something about it too!

Glad to be 'new' so my opinion is not respected enough to give!

Everyone's opinion is respected, Matty, including yours. Everyone has a voice here and is entitled to their viewpoints regardless of any perceived 'authority' from post count or similar.

 

[Bailey]

In fairness Matty and having just revisited that thread. It did have a bit of a nonsense start and finish,imo surprised it went to 9 pages. Your not going to reinvent the dynamics of domain trading no matter how good the intent.

There's no malice, just a counter to your ideal (thread count reference, perhaps overly cutting. I would say)

 

[Bailey]

The people that complain are those that don't sell.

Yes UK businesses are in the large ignorant of the benefits of using a good generic or memorable domain to further their business. But, in the large we are in the UK, a nation of Shopkeepers.. It's primarily web developers (and the multi-nationals) that keep the UK domain business going. And they do know the value of what they want in regards to domain choice, same as everywhere. Where people fall down is expecting or indeed treating the UK market like a global one. You aren't going to create demand by having a perfect sales and marketing model.

 

[Bailey]

As an add and it's getting late Visit DNjournal (for it's sales reports) every thursday evening. Get a Global perspective and be prepared to accept just how small the UK market for domains really is for £1K + domains.

There will be shriekers to that comment and counter examples will abound.

 

[rob]

Global? Really?

There is a handful of deals by people on here this year which would takeover most of the top ten YTD on there let alone the odds n sods lower down.

Either not alot gets reported and DNJ isnt that relevant, or its really accurate & relevant and UK is the biggest thing in the world. I vote with the former, and dont really bother with it

 

[Rob_F]

As an add and it's getting late Visit DNjournal (for it's sales reports) every thursday evening. Get a Global perspective and be prepared to accept just how small the UK market for domains really is for £1K + domains.

There will be shriekers to that comment and counter examples will abound.

As good as DNJournal is, it doesn't paint a fair picture when it comes to .uk names, as they only report sales in excess of $1000. Many .uk domains sell for sub £625. Average selling prices might be lower, at least the 'visible' ones, but then so are acquisition costs, running costs (renewals) and competition.

I have sold 10 names to end users over the past 32 days, 9 of those were .co.uk and 1 was a .info. Of the .uk sales, 2 were slightly shy of £1000, one was in excess of £1000. This excludes several reseller sales.

Shite is shite in any extension and if you want to play the gTLD game now, with a limited budget, that's what you are going to be dealing with.

Plus you are going to be lumbered with +7% renewals each year. That makes holding a gTLD portfolio long long term unaffordable, unless your portfolio consists of top notch domains.

Plus, If you lose a UDRP for that name you've just spent $20k on, there isn't an appeal process like there is with the DRS - you'll have to fly over to the states to defend it in the courts there – or forget it.

To quote Nominet...

.co.uk

"A great place to be"

From both a domain investor and end user perspective, I truly believe that.

- Rob

 

[Edwin]

From memory (I'm nowhere near my PC) we had at least 15 sales so far this year that would have "qualified" for DNJournal mention ie >$1,000... One or 2 did get in because they were DL sales.

 

[BREWSTERS]

I think what Bailey was saying (correct me if I'm wrong) is that the size of the .uk market is only a fraction of the .com market.

There are unreported sales in all extensions and we have to assume at pretty much the same ratio. Each week there are maybe 150 .com names on DNJ - which BTW aren't reported below $2k - whereas on a good week there could be 6 or 7 .uk names, which get a mention down to $1k.

Attempting to break into the UK market would seem to be a harder task than going for a global strategy.

Personally I've never informed Ron of any sales - I can't think of many buyers who would want that information made public.

 

[Bailey]

Thank you Brewsters. You are indeed correct. What I was trying to do was relate Mattyr45 to both the comments made in the thread, that had caused him some upset and the futility of his picture of the UK market as an area that needs changing in order to bring about greater returns.

Many of us operate successfully in both markets and were fortunate enough to identify with the internet and domains before the market developed to the stage it is today. For newcomers and mostly those under about 25 years of age, The internet has always been around since the day dot (in their lifetime)

At the end of the day these guys are the future (I know that sounds corny) but somehow we have to explain our 'older head' perspective in order for comments made in the thread mentioned above don't get taken to heart. And lets face it Invincible can be "Cutting" at times.

I wasn't deriding the UK market just pointing out you have to put things into perspective. And for those 'New and Keen' you want to encourage but not to the detriment of a realistic picture.

Hope I've cleared that up guys

 

[retired_member33]

Doctor, Doctor I've got wind! Can you give me something?
Yes - here's a kite!

 

[Bailey]

No Problem Matt. Fortunately domains are not a debating Society. Most of the members here give their time (outside of the sales forums) to aid understanding.(Including Invincible) But, you've worn me out - best of luck

 

[retired_member33]

But, you've worn me out - best of luck

Understandable at your age

 

[Pred]

As an add and it's getting late Visit DNjournal (for it's sales reports) every thursday evening.

been late wednesday night uk for a time
in fact just out
http://www.dnjournal.com/archive/domainsales/2012/20120523.htm

 

[Bailey]

Understandable at your age

Thanks I needed that

 

[Bailey]

been late wednesday night uk for a time
in fact just out
http://www.dnjournal.com/archive/domainsales/2012/20120523.htm

Cheers pred, when I was commenting in the post I couldn't remember if Ron had switched from tues to wed or a day later - my brain cells had been overwhelmed. And I haven't got that many left to overwhelm

 

[retired_member33]

Thanks I needed that

LOL! Thanks for the short PM conversation we had last week by the way, gave me some good insights and have started regging/catching domains again.

Just had a look at DNJ and was rather surprises to see W.to sell for that much, to those one letter .To domains always fetch that much?

The 2nd surprise was Bangkok.net to sell for just $25k, is that a normal price for a .net like that?

 

[Bailey]

LOL! Thanks for the short PM conversation we had last week by the way, gave me some good insights and have started regging/catching domains again.

Just had a look at DNJ and was rather surprises to see W.to sell for that much, to those one letter .To domains always fetch that much?

The 2nd surprise was Bangkok.net to sell for just $25k, is that a normal price for a .net like that?

Your welcome mate - it was a nice chat and evening.

Yep Bangkok.net at what £17K - must have been a sellers need, been there a few times (Sale prices not bangkok)