Advice about Sedo bid

[Brassneck]

I've got a minimum bid on Sedo for a name with 500-ish views per day - earning something like 10 euros per day. So clearly worth a bit more!

I'm minded to ignore rather than enter a counter-offer of several hundred/thousands. Wondering our others deal with this? Advice gratefully receive.

Thanks
Stephen.

 

[russ]

Make counter offer

Sedo's advice is to always make a counter offer even if the bid is far below your asking price. I would make a counter offer with comments. If you get a lot of these low offers though then set the min offer higher.

 

[AdminAdmin is verified member.]

I usually reply with a £x,xxx figure, sometimes they add another €10 to their initial bid, sometimes they walk away, sometimes they come back with a serious offer.

I think by ignoring it they wont know you just expect a decent bid.

Take a tip, set a reasonable minimum bid value per domain, this stops you getting silly offers to start with.

 

[wwwdomain.name]

B

Reply stating traffic and rev stats so they can decide eitherway...

TBH - If you were buying, would you offer more than £100 straight out?
Know I wouldn't... Look at some of the latest sedo sales...
Latex.net sold for peanuts...

Cheap-skating to get the ball rollin' always worth a punt...
Learn't that one from members here (joke)...LOL

 

[Brassneck]

Thanks for all those views!

Stephen.

 

[sedosedo is verified member.]

Hi,
another good one is to try, is the reseller formula:
Put forward the average traffic x CTR x average CPC. Then multiply by approx 2.5 (years of traffic that you'll need to be compensated for). That could be your absolute minimum price.

If the domain is from a valuable industry (eg. something that's really competitive and internet affinitive eg. podcasting maybe, finance etc.) use a multiplier to take the inherent value into account (eg. 0.3) and add to the minimum price.

With a traffic domain like this, you can really rely on the stats to prove the value of the domain! Domains, like any investments are all about risk and growth. You should be compensated for the loss of an asset and the quick formula above is something I find useful in beginning to explain the value of traffic to my clients' potential buyers. Some just don't realize....

Good luck!
Nora from Sedo
nora[at]sedo.com

 

[wwwdomain.name]

Hi,
another good one is to try, is the reseller formula:
Put forward the average traffic x CTR x average CPC. Then multiply by approx 2.5 (years of traffic that you'll need to be compensated for). That could be your absolute minimum price.

Sedo

Just love it...

Thanks for the formula....

 

[Brassneck]

Nora

How about implementing that forumla with Sedo to give a rough valuation of domains? It could be an optional function for those who didn't want but for pure traffic names could save a lot of time wasting.

Stephen.