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NameDrive MeetDomainers Live Auction
- Thread starter JamesTuplin
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15% Sales Commission to high imo..
Hi James,
I would have loved to have list my names at the auction but I'm not prepared to pay the 15% commissions fees you guys command, I've never paid above 10% and tbo never will too...
Wish you guys all the best and hope you bring some great sales in for the uk market.
Regards,
Barry
Hi James,
I would have loved to have list my names at the auction but I'm not prepared to pay the 15% commissions fees you guys command, I've never paid above 10% and tbo never will too...
Wish you guys all the best and hope you bring some great sales in for the uk market.
Regards,
Barry
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Barry,
As previously stated its perfectly normal to pay 15% commission for a live domain. Domainfest and Traffic incur the same costs.
We also have to pay fees ourselves to make this auction live for everyone.
NDX is 0% commission and our standard commission rates are 10%. i.e for gold.co.uk
@ Ben. The auction will commence at 4.30pm and will be broadcast live over the internet. The inventory will be released today, presuming I get the rest of the sales contracts in.
It was previously due to start at 6pm, but it has been brought forward.
Regards,
James
As previously stated its perfectly normal to pay 15% commission for a live domain. Domainfest and Traffic incur the same costs.
We also have to pay fees ourselves to make this auction live for everyone.
NDX is 0% commission and our standard commission rates are 10%. i.e for gold.co.uk
@ Ben. The auction will commence at 4.30pm and will be broadcast live over the internet. The inventory will be released today, presuming I get the rest of the sales contracts in.
It was previously due to start at 6pm, but it has been brought forward.
Regards,
James
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15% Commission for so little work...
James,
Although companies may ask for certain percentages... I've found out on many occasions that these %'s are usually negotiable, even at events like T-R-A-F-F-I-C
If people are happy to pay 15% commission then that's great news for you guys, its just something I'm not personally prepared to do though, sorry.
Best of luck with the event.
Regards,
Barry
James,
Although companies may ask for certain percentages... I've found out on many occasions that these %'s are usually negotiable, even at events like T-R-A-F-F-I-C
If people are happy to pay 15% commission then that's great news for you guys, its just something I'm not personally prepared to do though, sorry.
Best of luck with the event.
Regards,
Barry
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I kind of "get the idea" now Barry.
I guess NDX's 0% commission would suit you better?
Best of luck with the sale of gold.co.uk
Regards,
James
Now..... Back onto topic. The list will be revealed in the next couple of hours.
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Models Ad Campaign For Selling Domains 
P
Could i get away with bringing a couple of sexy models wearing vests and hot pants with writing on selling my domains? Beats paying 15%, lol, plus it gives you some eye candy for free
On the front would be a large arrow pointing upwards saying "look at these" (display a couple names on the b**bies). Then on the back would be " You know you want me " with arrow pointing down towards more names. Then on the back of the hot-pants "Apply within".... I know your feeling it James, lol, well you'd be wanting to feel it I'm sure
* awaiting for rob to post a mockup pic *
I can understand the reasons for charging a percentage as we're all in business to make money, it's only natural... I also appreciate the venue costs money, employing people on the day cost money, and putting food and drink on etc cost money... More often than not these costs are recouped in one hit with sponsors of the event (and then some) ticket sales and the domain after sales are usually a bonus hence why i think some companies allow negotiation on the percentage - I guess its all down to the profits at the end of the day and whether or not that company feels its feasible, personally I'd prefer to make 10% - 5% (any %) rather than no % if that makes sense.
Anyway i don't want to hijack the thread discussing %'s anymore as we both know where we stand etc (10% and we talk).
You guys at Namedrive always hold good domain events so I'm sure this one wont be any different Jamesio
Best of luck,
Barry
PCould i get away with bringing a couple of sexy models wearing vests and hot pants with writing on selling my domains? Beats paying 15%, lol, plus it gives you some eye candy for free
On the front would be a large arrow pointing upwards saying "look at these" (display a couple names on the b**bies). Then on the back would be " You know you want me " with arrow pointing down towards more names. Then on the back of the hot-pants "Apply within".... I know your feeling it James, lol, well you'd be wanting to feel it I'm sure
* awaiting for rob to post a mockup pic *
I can understand the reasons for charging a percentage as we're all in business to make money, it's only natural... I also appreciate the venue costs money, employing people on the day cost money, and putting food and drink on etc cost money... More often than not these costs are recouped in one hit with sponsors of the event (and then some) ticket sales and the domain after sales are usually a bonus hence why i think some companies allow negotiation on the percentage - I guess its all down to the profits at the end of the day and whether or not that company feels its feasible, personally I'd prefer to make 10% - 5% (any %) rather than no % if that makes sense.
Anyway i don't want to hijack the thread discussing %'s anymore as we both know where we stand etc (10% and we talk).
You guys at Namedrive always hold good domain events so I'm sure this one wont be any different Jamesio
Best of luck,
Barry
I kind of "get the idea" now Barry.
I guess NDX's 0% commission would suit you better?
Best of luck with the sale of gold.co.uk
Regards,
James
Now..... Back onto topic. The list will be revealed in the next couple of hours.
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Domain Auction Inventory now released. 4 further domains pending:
http://meetdomainers.co.uk/auction/
http://meetdomainers.co.uk/auction/
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I'm struggling to find anything exciting there im afraid.
Plus the .co.za reserves must be a typo, no?
Plus the .co.za reserves must be a typo, no?
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Like these also you mean :wink:
Fly.co.za sold at $65,000
Porn.co.za sold at $45,000
Furniture.co.za sold at $33,000
Toys.co.za sold at $20,000
Fly.co.za sold at $65,000
Porn.co.za sold at $45,000
Furniture.co.za sold at $33,000
Toys.co.za sold at $20,000
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Four sales in how many years?
I appreciate it's hard getting quality domains at the right reserves in, so I'm glad I don't have to do it.
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These are all in the last 12 months. I know of many many more unreported sales equal or higher than the value of these domains.
These are not "1 off" sales. Google is your friend
If further proof is required, it can be provided.
These are not "1 off" sales. Google is your friend
If further proof is required, it can be provided.
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Learning from history...
It is an "interesting" list for sure and will be a good discussion topic at the after show party.
http://meetdomainers.co.uk/auction/
Personally I can't see .co.za and .co.im selling in this country unless you have people from overseas attending. However the .co.uk domains up to 3k should sell well though, domainers (expert tyre kickers) will outbid each other at that price.
I do agree with Barry that 15% commission is a little high....
However I remember the last list of high quality/price .uk (live auction) we had in this country: http://www.sedo.com/presse/presse.php?tracked=&partnerid=7&language=e&id=184
Apart from fly.co.uk etc it wasn't really a great success?
I even remember Barry being asked to outbid himself on phones.co.uk?
Yet it was later sold to an end user for £175,000?
Names like that are great names but really require an end user and no commission at all
Good luck with the auction James.
It is an "interesting" list for sure and will be a good discussion topic at the after show party.
http://meetdomainers.co.uk/auction/
Personally I can't see .co.za and .co.im selling in this country unless you have people from overseas attending. However the .co.uk domains up to 3k should sell well though, domainers (expert tyre kickers) will outbid each other at that price.
I do agree with Barry that 15% commission is a little high....
However I remember the last list of high quality/price .uk (live auction) we had in this country: http://www.sedo.com/presse/presse.php?tracked=&partnerid=7&language=e&id=184
Apart from fly.co.uk etc it wasn't really a great success?
I even remember Barry being asked to outbid himself on phones.co.uk?
Yet it was later sold to an end user for £175,000?
Names like that are great names but really require an end user and no commission at all
Good luck with the auction James.
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I'll be pretty surprised if many of these names sell as a lot of them are poor quality & overpriced re reserves IMO, and I also think it's a shame that the centrepiece auction at a UK focussed event features .co / .co.za / .co.im names - it makes it look like the UK market is dead when it pretty clearly isn't.
On a more positive note, is the auction going to allow live online bidding for those of us who can't be there?
On a more positive note, is the auction going to allow live online bidding for those of us who can't be there?
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Or to put it another way...
Only in America does this happen:
http://www.youtube.com/watch?v=DVZuQiYCpAo
In the UK this happens:
http://www.youtube.com/watch?v=PmOcrQt8Bf0
Only in America does this happen:
http://www.youtube.com/watch?v=DVZuQiYCpAo
In the UK this happens:
http://www.youtube.com/watch?v=PmOcrQt8Bf0
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I would have tried to negotiate a little if someone was offering to put Gold.co.uk in the auction. It gives any auction more credibility and will probably bring in some free publicity.
Commisions could be kept secret between James and whoever so I would probably have took it and lowered the commision personally.
With regards the names, I don't have much of a view on the .co.im's and co.za, never heard of them personally and I only deal in .co.uk's anyway.
However with regards submitting names to an auction I'm personally finding that a small group of people are holding more and more generics and they aren't selling. I personally didn't want to waste james time by submitting him names that I wouldn't have sold unless the reserve was so stupid nobody would have paid. That's not to say I was deluding myself as to their worth, but I don't want to sell them at any price if I can help it. I think that most people in this game with the better names are probably of the same opinion.
That's makes it impossible in my opinion for people like James to put together an auction that everybody would say wow at. However i think he should be appluaded for keeping it real, unlike Sedo who claim to be selling things like sex.com when all the figures show it's purely a PR stunt.
Commisions could be kept secret between James and whoever so I would probably have took it and lowered the commision personally.
With regards the names, I don't have much of a view on the .co.im's and co.za, never heard of them personally and I only deal in .co.uk's anyway.
However with regards submitting names to an auction I'm personally finding that a small group of people are holding more and more generics and they aren't selling. I personally didn't want to waste james time by submitting him names that I wouldn't have sold unless the reserve was so stupid nobody would have paid. That's not to say I was deluding myself as to their worth, but I don't want to sell them at any price if I can help it. I think that most people in this game with the better names are probably of the same opinion.
That's makes it impossible in my opinion for people like James to put together an auction that everybody would say wow at. However i think he should be appluaded for keeping it real, unlike Sedo who claim to be selling things like sex.com when all the figures show it's purely a PR stunt.
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Domain Names
I have to agree with TY - I was expecting some killer names to be listed at this auction, especially as its the first UK Auction which has been held for many years. I seriously thought my names would have been dwarfed / over shadowed by many greats, now I'm thinking overwise...
After reviewing the list I'm shocked you wouldn't negotiate on the 10% i was agreeing too for >
Gold.co.uk * Models.co.uk * Affiliates.co.uk * Market.co.uk * Commerce.co.uk * Auditors.co.uk * Flash.co.uk * Couture.co.uk * Kavos.co.uk * Raffles.co.uk * Weapons.co.uk * monetization.co.uk * Geotargeting.co.uk * Locals.co.uk * Breaks.com * Rewind.com * Deleting.com * eBloggers.com * UNP.com * Chav.com * Vouchercode.com * Cheapfinance.com * RockFM.com * Shortfilms.com * Price.tv * Candy.tv * Buddy.tv Loans.de * Loans.fr * Loans.at * Loans.pl * Loans.as * Loans.ac blah blah blah...
Plus around 100 good three letter combos like * GSM.co.uk * Ann.co.uk * Kay.co.uk, the list goes on.... Surely they would have attracted some good attention for the uk market?
What a crazy world we live in, you gotta love the domain industry when UK domainers have to venture abroad to sell, lol, Chef Patrick here i come
Barry
I have to agree with TY - I was expecting some killer names to be listed at this auction, especially as its the first UK Auction which has been held for many years. I seriously thought my names would have been dwarfed / over shadowed by many greats, now I'm thinking overwise...
After reviewing the list I'm shocked you wouldn't negotiate on the 10% i was agreeing too for >
Gold.co.uk * Models.co.uk * Affiliates.co.uk * Market.co.uk * Commerce.co.uk * Auditors.co.uk * Flash.co.uk * Couture.co.uk * Kavos.co.uk * Raffles.co.uk * Weapons.co.uk * monetization.co.uk * Geotargeting.co.uk * Locals.co.uk * Breaks.com * Rewind.com * Deleting.com * eBloggers.com * UNP.com * Chav.com * Vouchercode.com * Cheapfinance.com * RockFM.com * Shortfilms.com * Price.tv * Candy.tv * Buddy.tv Loans.de * Loans.fr * Loans.at * Loans.pl * Loans.as * Loans.ac blah blah blah...
Plus around 100 good three letter combos like * GSM.co.uk * Ann.co.uk * Kay.co.uk, the list goes on.... Surely they would have attracted some good attention for the uk market?
What a crazy world we live in, you gotta love the domain industry when UK domainers have to venture abroad to sell, lol, Chef Patrick here i come
Barry
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I have to agree with TY - I was expecting some killer names to be listed at this auction, especially as its the first UK Auction which has been held for many years. I seriously thought my names would have been dwarfed / over shadowed by many greats, now I'm thinking overwise...
After reviewing the list I'm shocked you wouldn't negotiate on the 10% i was agreeing too for >
Gold.co.uk * Models.co.uk * Affiliates.co.uk * Market.co.uk * Commerce.co.uk * Auditors.co.uk * Flash.co.uk * Couture.co.uk * Kavos.co.uk * Raffles.co.uk * Weapons.co.uk * monetization.co.uk * Geotargeting.co.uk * Locals.co.uk * Breaks.com * Rewind.com * Deleting.com * eBloggers.com * UNP.com * Chav.com * Vouchercode.com * Cheapfinance.com * RockFM.com * Shortfilms.com * Price.tv * Candy.tv * Buddy.tv Loans.de * Loans.fr * Loans.at * Loans.pl * Loans.as * Loans.ac blah blah blah...
Plus around 100 good three letter combos like * GSM.co.uk * Ann.co.uk * Kay.co.uk, the list goes on.... Surely they would have attracted some good attention for the uk market?
What a crazy world we live in, you gotta love the domain industry when UK domainers have to venture abroad to sell, lol, Chef Patrick here i come
Barry
yes barry but this event is a domainers event and as you know from comments on here domainers want rock bottom trade prices so if you dont get good offers on here im dam sure you wont get them at a domain event full of 90% domainers.
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