Question About Domainlore

domsaleuk · Mar 8, 2013

Hi - I have a question about Domainlore.

Do names just sell on this on their own ? i.e. does Domainlore attract a big enough audience for sales just to take place naturallly if the users like the name.

Or - when you sell names on here, is it because you have to promote them heavily elsewhere - i.e. do they only sell if you have a reallly big Twitter base to notify and things like that ?

Please let me know - I am thinking of utilising it more but I would like to know the answer to the above and also people's general thoughts on this platform before I do please. So any other comments re Domanlore would be good

Thank You

Murray · Mar 8, 2013

domsaleuk said:
Hi - I have a question about Domainlore.

Do names just sell on this on their own ? i.e. does Domainlore attract a big enough audience for sales just to take place naturallly if the users like the name.

Tick

Doesn't hurt to post it on here though or elsewhere if you know there will be a relevant audience, but a nice name will sell regardless.

domsaleuk · Mar 8, 2013

Murray said:
Tick

Doesn't hurt to post it on here though or elsewhere if you know there will be a relevant audience, but a nice name will sell regardless.

Thanks for the feedback Murray. Couple more questions.

1) Any idea on the typical sale rate (lets say for reasonable non hyphen co.uk names) is it 1 in 3, 1 in 5 that you put up. You may not know but would be interested to hear your thoughts on this , or other peoples

2) Do hyphens tend to sell if the keywords are OK

3) You may have no idea on this but again if anyone does it would be interesting - do the buyers tend to be domainers or end users or a combination of both

4) lastly how do people think Domainlore compares to Sedo

Sorry for all the questions but am really interested to find out more about this

Thanks

boxfish · Mar 8, 2013

I remember nets.co.uk getting a decent sale price and the seller said he listed it then contacted several end users to tell them it was being auctioned - it was an end user who won the auction.

Bailey · Mar 8, 2013

I must admit. I never had much success with DL. The sales ratio seems to hover around 1 in 7 which, given the £5 listing fee (if not sold) is smaller than I would have expected, Sure plenty of the listings are questionable. But their does seem to be a 'core' of regular members that post quite regularly.

domsaleuk · Mar 8, 2013

Bailey said:
I must admit. I never had much success with DL. The sales ratio seems to hover around 1 in 7 which, given the £5 listing fee (if not sold) is smaller than I would have expected, Sure plenty of the listings are questionable. But their does seem to be a 'core' of regular members that post quite regularly.

Thanks - maybe I will try it at least 7 times then and see what happens - 1 down, £5 lighter and six to go

It is one of those things that does actually look to me to be a bit hit and miss - as in I guess a lot of it is to do with who sees the auction at the time - but that said there do appear to be quite a few good sales made. This feedback from people is helpful.

Murray · Mar 8, 2013

domsaleuk said:
Thanks - maybe I will try it at least 7 times then and see what happens - 1 down, £5 lighter and six to go It is one of those things that does actually look to me to be a bit hit and miss - as in I guess a lot of it is to do with who sees the auction at the time - but that said there do appear to be quite a few good sales made. This feedback from people is helpful.

I've put 4 domains on there in the last month or so, sold 3/4.

One was caught with a prebid though.

The one that didn't sell was a bit of a punt and I wasn't shocked when it didn't sell, all though I still think it's a nice domain so I don't mind keeping it either.

I wouldn't have any reservations about good domains not selling on there though; whether they sell for the price you want is another matter.

Maybe you should watch the site and auctions for a month, take note of what does sell/doesn't sell, and how much things are going for.

Simon · Mar 8, 2013

Dont think it is the venue to sell the higher quality keyword domains which could have potential to sell for XX,XXX

I see it as the correct place for flipping a recent catch or a domain you see greater value for than the price you bought it, to another reseller or an lucky end user. Dependant on how well you can gauge a bargain.

Saying that some of the sales on there I would imagine end users have been redirected there.

domsaleuk · Mar 8, 2013

SimonGardner said:
Dont think it is the venue to sell the higher quality keyword domains which could have potential to sell for XX,XXX

Yes I thought from looking at the prices things go for generally that this is for the sales where you need to expect a lower value being paid. re your comment above - would you say Sedo is the best platform for the higher value sales or are there any others you know ?

Flippa springs to mind although I don't seem to have seen many co.uk sales here of domains only although I could be wrong - if anyone does use this it would be interesting to hear their thoughts

I appreciate that many people in the domain industry say that if a domain is that good people will come to you, and I also realise that a direct approach here may work. Plus of course Acorn (however I am assuming on Acorn you rarely get end user prices but more domainer prices and hence I doubt this is a good platform for high value sales) - I am just wondering if I have missed anything other than Sedo

Simon · Mar 8, 2013

With non .uk domains in my experience the best sales I've got have been from end users coming to me either by email or sedo.
Any domain I've pushed to auction on sedo @ low xxxx has not resulted in further bids indeed a lot of domains sold at sedo auction only ever have an initial bid (this is from sedos market report last year)

I'm new to the uk market and have only sold a few of them so far all in the xxx range so am prob not the most qualified to provide anything other than my opinion. I'm personally keen to try out a sedo pro auction as they seem to be able to put hefty reserves on domains and there have been quite a few xxxx/xxxxx sales of decent domains.
perhaps that is worth a try depending what you have.