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Wanted: Domain Appraisal fly.co.uk

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Curious honest:)

We have been building the tech and recently have had some serious offers. We had no interest in selling, but with all the interest in FLY.COM and the interest in fly.co.uk now we have been reconsidering our position.

Most of the technology we have built as booking systems can easily be transferred to one of our other names.

We paid £87,500 for it 12 months ago.

Doug
 
I think it could work Doug - its a good name and what you've developed is very easy to use.
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imho you not really given it a decent bash since its been 'working' - i'm expecting to see Fly.co.uk adverts on TV any day now :D.

I realise to really build it up as a brand means lots ££££'s flying about in advertising etc and obviously thats a risk - but having gone this far to me its like having a tommy tank with nothing happening at the end to sell it all now.

As for value its difficult one because I feel it could be worth much more with ASAP's added value but not at the moment until build up brand regonition and some sort of revenue, I don't think its gone down in value even in this current market.
 
Doug, is 123-reg hosting working OK for you interms of SERPS etc?
 
123??

We just use 123 or fasthosts

We know what we need to do, but alas time constraints mean we have been doing other stuff. Fly is very much on the radar still, but we have so many projects and so little time:)

Doug
 
1 day to at auction and fly.com's only at about £60k which is less than fly.co.uk was purchased at.. so fly.com need to hit best prt of 200k usd in 24hrs (which it might :p) I feel the market is slightly weaker at the moment as this domain would be going for more only a year ago.

What is the current market?
 
1 day to at auction and fly.com's only at about £60k which is less than fly.co.uk was purchased at.. so fly.com need to hit best prt of 200k usd in 24hrs (which it might :p) I feel the market is slightly weaker at the moment as this domain would be going for more only a year ago.

Bigger bidders usually keep their powder dry before going in for the name.

£60k wont get the name, £150k wont get the name so current price is not relevant :)

Likewise the end figure may be a little misleading, as Sedo auctions are 'trade' sales rather than end user. The company doug works for and their VC backers are IMHO ideally placed as they have the 'insider' knowledge on domains while still running a public facing service.

Likewise even if a bigger corp was aware of it, the nature of business would make it highly likely that spend of that nature and at that level would need to be 'discussed' :)
 
don't forget fly.com sold for £1.5 million in 1999 so i guess they would never sell for less
think the reserve was 2 million anyway :eek:
although a great name, i think they'll do well to get past reserve in current climate. having said that a few tour operators and airlines are going to wall with everything else so when dust settles there will be room for a new airline. what better name? :cool:
 
they'll do well to get past reserve in current climate. having said that a few tour operators and airlines are going to wall

Agreed, it's not a good time to be selling into that airline/holidays industry if you are after top dollar. But there is a large rich poor divide, so who knows!

Will watch with baited breath. :D
 
Yep
can't imagine anything better on the side of a plane apart from 'Fly.com'

posted again as i need to say it wasn't £1.5 million in 1999, it was 1.5 million $ :p
 
What is the current market?

Although I don't sell domain names I have a feeling that sales conditions have deteriorated rapidly with the general economic malaise and there is just not the excitement around name sales at the moment, so it's a bad time to be selling major names but a good time to be buying.

Rgds
 
We have been building the tech and recently have had some serious offers. We had no interest in selling, but with all the interest in FLY.COM and the interest in fly.co.uk now we have been reconsidering our position.

If the offer was good enough I would consider selling, because I don't feel that fly is the optimum name in terms of search terms for selling flights, there are other stronger terms.

That said, I don't feel now is a great time to be selling names as I sense that a lot of the fizz has gone out of the market at the moment so I'd wait until that returns, which it will.

Rgds
 
Although I don't sell domain names I have a feeling that sales conditions have deteriorated rapidly with the general economic malaise and there is just not the excitement around name sales at the moment, so it's a bad time to be selling major names but a good time to be buying.

Would have to take the opposite view from what I see - I do realise you mean major names but they are often the froth on the stuff below.

All from my point of view: recently there seems to be an upshoot of LLL enquires and sales that I have directly seen, and certainly decent activity in wider .uk sales - and certainly swashbuckling excitement in trading names and the odd crazy sale and wonderful uncovering of gems.

Similar purchases by domainers seem to be growing not just in number but in scale, where before people are paying 5k to get a name now they are paying double if not more and in some cases talking sizeable xx,xxx and xxx,xxx offers floating around...

This could be all elements of the 'economic malaise' ie. people think now is a good time to buy and thus are doing so, that cash is king so deals get done etc.

One element I have noticed is that people are more likely to haggle over £250 / £500 or the like whereas previously they wouldnt have given a toss - again it would fit with the thought process above.

Usual thing... would be great to get deals and prices out in the open but I fear people would refuse and react as per the BBC reporter thread :)

The 'game' is changing and wider economy woes will knock on in some way, but I think the drop in PPC earnings has hit the pockets and maths of some domainers very very hard which will be reflected in their buying ability (and ability to renew). This does not mean the market is dying or slow, just it is changing and those who stagnate will fail.

It is easy to say the above without solid examples to give, but there are Acorn members who I am referring to above indirectly who will be more than aware of the great offers they have refused, missed names to another domainer, top end sales they have achieved, great names picked up at a bargain price or just the hole in PPC rev which means they are having to find a plan B.

Or, the market is crap, sell sell sell - to me :)
 
Some interesting feedback there ... it is difficult to get a sense of the market when you aren't selling. However, it's good to see a constant stream of newbies to the boards so that should keep up the momentum in the lower end of the market. Speaking for myself, I have always liked to haggle ...

Rgds
 
depends on your situations

As a buyer
We are always making offers, same as ever. Thing we have found is that we are finding some cheap gems round.

As a seller
Activity has never changed...just some surpising good offers appearing for some of our names.

Doug
 
Regarding the good offers, people probably have some funds from all the bank shares they've been selling ...

Rgds
 
do you know whats guts me most over the last 6 months? e.g I put offers on domains for say £750 to be refused or not even get a reply in some cases :confused: - only to see sellers plastering them everywhere in the last month or so desperate for a sale and not even not even making £500.

So end result is buyer and seller lost out - in my mind there's an obvious reason for this happening :lol:
 
June/July were BAD months for me sales wise but I've seen a big increase in the past 2 months - particularly on .org.uk domains!

Grant
 
Could be worth splitting this thread off abit... mods?! :)
 
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