Some peoples domain policy is flawed if you sell off all your best names on Acorn for trade prices then you will be left with a very large stock of average domains that will not shift in volume.
Some peoples domain policy is flawed if you sell off all your best names on Acorn for trade prices then you will be left with a very large stock of average domains that will not shift in volume.
I'm guilty of selling all my best names at reseller prices, but I haven't got the wrong end of the stick, I just have very short term goals at the minute. Sales here come quickly and more importantly for me are processed quickly and professionally.
I have plenty of quality names I am using or wouldn't sell at reseller prices, but the chance to earn a couple of thousand in reseller sales each month helps to pay the bills and provides cash to invest elsewhere. I would also rather pay off my mortgage than keep hundreds of domains which 1 or 2 may selll at reseller prices in the long term.
It's certainly different round here at the moment though.
Grant
The issue as I see it is that so many names are on offer here (thousands and thousands a day) that only the very best bargains are worth going after.
Why would you go for a so-so name when there will be much better value names on offer tomorrow? And there's a lot of stuff in the "for sale" threads that's not even so-so quality!
Acorn is a completely different ecosystem from the end-user market, and there's no conceivable way to draw meaningful parallels between them.
On here, people are generally going for volume: lots of quick sales, often at very low markups of regfee. Brings liquidity, pays for renewals, but unlikely to present a big payoff unless you can do it thousands of times relatively quickly. It's also not very sustainable (in that you're burning up inventory like crazy) but it has the advantage that if you've picked the right names, your costs are paid for almost immediately. Finally, it's untargetted - you're reaching an audience looking for "bargains" but not for names in any particular niche.
In the end-user market, you hang onto domains for years (potentially decades) but the payoff is 10x, 20x, 50x, 100x or more what you'd expect to get by dumping it on here. You're basically trading time and liquidity for a much larger payoff down the road. You're also reaching a highly targeted market - buyers are typing in their desired domain because of their interest in that niche, and enquiring from there.
So a domain might only be "worth" 50 pounds in the knock-down, rough-and-tumble Acorn domainer-to-domainer market yet still go on to fetch 1,500 pounds from an end-user a month from now. There's no contradiction, because the two markets have nothing at all in common. And if that domain's listed for 100 pounds on here, it won't sell!
Hi Grant
Could you expand on this part of your post? Your insight into Acorn v. the rest of the UK market would be appreciated.
Thanks, Luke
I think Edwins post there explains the difference between Acorn and the rest of the market pretty well.
When I say different, there seems to be more and more members catching/registering domains one minute then dumping them on here the next like hot potatoes - usually for peanuts. Does that £5 reg fee really need recouping within a few hours/days?? It gives the impression that the market has dropped on it's arse and as the only .uk forum it's not really a great impression to be giving out to.
Grant
But, register a name today for £5 sell tomorrow for £40, makes good business sense for a beginner.