20i Domains

Recent auction sales

Discussion in 'Sold Domains' started by webber, Sep 16, 2020.

  1. webber

    webber Active Member

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  2. Domain Forum

    Acorn Domains Elite Member

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    articles.co.uk
     
  3. DJ Wood United Kingdom

    DJ Wood Active Member

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  4. Aaron Clifford

    Aaron Clifford Well-Known Member

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    Recruitment went cheap.
     
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  5. Ben Thomas

    Ben Thomas Well-Known Member

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    I have to agree. I thought this would be well contested, leading up to the 5 figure mark.
     
  6. bensd United Kingdom

    bensd Well-Known Member

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    It did seem a little on the low side but I also think that some generic industry terms like this are never going to sell for big bucks.

    It’s clearly a category killer domain but if you were going to compete with the big boys of the industry you would likely need 6-7 figures for a startup and the likelihood is that a brand name would be preferred.
     
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  7. websaway United Kingdom

    websaway Well-Known Member

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    A nice co.uk sale from sedo bags $47,200
     
  8. Ben Thomas

    Ben Thomas Well-Known Member

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    You need at least a million capital I would say. A friend of mine is in recruiting and I was going to go down that avenue once, spoke to him about it and he told me if I don’t have a million capital there’s no point trying. You have to use that money to pay people (workers) before you get paid by their employees (your clients). Either way, recruitment.uk would be amazing. Someone got a bargain.
     
  9. Aaron Clifford

    Aaron Clifford Well-Known Member

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    I know plenty of independent recruiters in the development world that make a tidy living from it, no need for a million quid, there are other ways to build relationships.
     
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  10. Ben Thomas

    Ben Thomas Well-Known Member

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    Really? Because people want to be paid. Your client's hired workers want to be paid, and until you get paid by your client it is your responsibility to foot the bill. How else would that work?
     
  11. Aaron Clifford

    Aaron Clifford Well-Known Member

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    I think you're referring to temp worker recruitment, not permanent recruiters.
     
  12. Ben Thomas

    Ben Thomas Well-Known Member

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    All part of the same package, no? I'm talking offshore etc.
     
  13. Aaron Clifford

    Aaron Clifford Well-Known Member

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    I work heavily with both sides of recruitment in the UK.

    You've got temporary recruitment companies that will provide staff for short/mid term shifts/jobs thats where you need cash flow, although plenty of the clients I work with get paid by the company then pay the staff.

    Then you've got recruiters who will source staff for perm roles and take a percentage salary cut as a one off fee once the employee has been in the job for x months, usually between 10/20%.

    I wasn't neigh saying you, just pointing out their is other areas of recruitment that don't require huge capital.
     
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  14. Ben Thomas

    Ben Thomas Well-Known Member

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    It’s an interesting business. Complicated, but interesting. Apparently it’s the future.
     
  15. Aaron Clifford

    Aaron Clifford Well-Known Member

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    The temp recruitment works very well in certain business areas thats for sure.
     
  16. Ben Thomas

    Ben Thomas Well-Known Member

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    Yeah, I was temped once for a large soap powder manufacturing company. They used to have people in and out all the time. I can see the benefit. The agency I was with took 20% of my wages though, which was shit. But there was no interview or anything. Straight in, money in the bank. Not bad at 17 with no overheads.
     
  17. Aaron Clifford

    Aaron Clifford Well-Known Member

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    Yeah any sort of high turnover jobs like general office/factory work works great for the temp recruitment.