20i Domains

Sedo's (misleading?) Press release

Discussion in 'Sedo' started by fred, Nov 8, 2007.

Thread Status:
Not open for further replies.
  1. fred United Kingdom

    fred Active Member

    Joined:
    Aug 2005
    Posts:
    900
    Likes Received:
    19
  2. Domain Forum

    Acorn Domains Elite Member

    Joined:
    1999
    Messages:
    Many
    Likes Received:
    Lots
    articles.co.uk
     
  3. sedo Germany

    sedo Sedo Staff

    Joined:
    Aug 2005
    Posts:
    1,054
    Likes Received:
    18
    Hello there,
    Just wanted to post in response – Shaun is out of the office today, but will be back next week. We would like to apologize to all parties who feel that this week’s press release was misleading in any way.

    Sedo’s intention was to utilize the statistics we have available to us to reflect the positive development of the market so that we all – buyers, sellers, auction platforms, event coordinators, interested parties – might benefit from increased interest and awareness in the development of the dynamic .uk domain market. It was not our intention to mislead in any way. The year-to-date’s largest sale was included in the release so that it might enforce the positive market development and demonstrate the booming nature of the .uk secondary domain market.

    We are all part of a great stage in the development of the .uk market and we hope that you understand that this release was well-intended. We would like to congratulate Doug and Paul on a tremendous sale. I’m sure it is the first of many in what is sure to be an exciting upcoming year for the UK market.

    Best wishes,
    Nora
    nora@sedo.com
     
  4. retired_member9

    retired_member9 Retired Member

    Joined:
    Aug 2005
    Posts:
    519
    Likes Received:
    8
    UK market would benefit with some straight players, that's for sure!

    You could have done press release for mobile.co.uk and mentioned recycle.co.uk sale as another example of healthy market, without making it look like you deserve credit for both.

    yes, well-worded.
     
  5. Paullas

    Paullas Moderator Staff Member

    Joined:
    Jul 2004
    Posts:
    5,511
    Likes Received:
    79
    well sedo are suppose to doing another press release so lets see if they put in what i quoted.
     
  6. Vialli United Kingdom

    Vialli Active Member

    Joined:
    Apr 2005
    Posts:
    407
    Likes Received:
    2
    You can't put that sort of thing in a Press Release can you :shock:
     
  7. mxm

    mxm Active Member

    Joined:
    May 2007
    Posts:
    537
    Likes Received:
    8
    home start new york fly

    maybe they will release a press release about the press release :rolleyes:

    IM sent to a biggie at UI so lets see what occurs over the weekend... if you want to PM us paul will forward it to all the right article places for you ;)

    or

    give it to nora at the meet in london, uk?
     
  8. Admin

    Admin Administrator Staff Member

    Joined:
    Jun 2004
    Posts:
    11,103
    Likes Received:
    430
    I hope this time they put "Acorn Domains moderator....... " :)
     
  9. dougs United Kingdom

    dougs Well-Known Member Exclusive Member

    Joined:
    Jun 2005
    Posts:
    1,352
    Likes Received:
    87
    domain sale

    It was nothing to do with me gov.

    Doug
     
  10. retired_member11

    retired_member11 Retired Member

    Joined:
    Mar 2005
    Posts:
    972
    Likes Received:
    4
    On this occasion I defend Sedo. Nothing in the release I read states that Sedo acted in the sale of recycle.co.uk. If newspapers and othe rmedia misinterpret the release, perhaps because journalists are often lazy, then that is their fault. Buyer and seller should approach The Telegraph et.c. to ask for a correction...if it really is that important to them. I can't see that it would be that important. What real damage has been done to anyone?
     
  11. Paullas

    Paullas Moderator Staff Member

    Joined:
    Jul 2004
    Posts:
    5,511
    Likes Received:
    79
    there is no physical damage here but to do a press release and mention they handled the sale (intensionally or not it was printed) and mention them the pr on that is massive. It would have been nice to mention my website as well so at least i can get some good pr out of it.

    I am still awaiting for sedo to release another version (correct this time).
     
  12. rob

    rob Founding Member

    Joined:
    Jan 2005
    Posts:
    5,980
    Likes Received:
    90
    I see your point, however I just think it is bad manners on the part of Sedo.
     
  13. retired_member11

    retired_member11 Retired Member

    Joined:
    Mar 2005
    Posts:
    972
    Likes Received:
    4
    Do you have a link to the release you refer to? I've read at least one Sedo release and it didn't read as you say and so there must be another release I haven't seen. Where is it? Thanks.
     
  14. Paullas

    Paullas Moderator Staff Member

    Joined:
    Jul 2004
    Posts:
    5,511
    Likes Received:
    79
    no i spoke to sedo friday and they are apparently they have ammended it.
     
  15. retired_member11

    retired_member11 Retired Member

    Joined:
    Mar 2005
    Posts:
    972
    Likes Received:
    4
    Amended.... after having been released? So did the original gain traction in the public domain? What was the wording of the original? Did it say, "Sedo brokers recycle.co.uk sale and takes GBP 15k commission"?

    The timing of the conclusion of your agreement to sell, the day of the Domain Live auction, suggests a confluence of convenience. Were both you and buyer present at that event?
    It isn't hard to see why there might have been confusion about the nitty gritty circumstances of the transaction...but were you both wanting this sale to go through without it being in the public domain? Publicity is vital oxygen to a domain/ website business. The Telegraph.... et.c.... et.c. - you couldn't buy that kind of exposure for less than the value of the domain sale and so in the overall you both did very well. Move on and prosper. Gordon Ramsey!!!
     
  16. Admin

    Admin Administrator Staff Member

    Joined:
    Jun 2004
    Posts:
    11,103
    Likes Received:
    430
    I agree the exposure is massive, the people in my place of work (who have no interest in domains) were discussing it yesterday.

    I think the point is Sedo have obtained advertising under the false impression that they brokered the deal.

    Kudos though, I wish I'd thought of it, I could have contacted the Telegraph, "Acorn Domains moderator sells domain for £xxx,xxx" - damn it, I hate missing opportunities to promote AD!
     
  17. rob

    rob Founding Member

    Joined:
    Jan 2005
    Posts:
    5,980
    Likes Received:
    90
    I think that is the crux of the matter. Someone reading the story will go to Sedo rather than here where the deal was created.

    Sedo knew that by association they would benefit, and for the same reason Acorn does not issue PR's about sales made via Sedo and tack on a 'talk at acorndomains.co.uk' note.

    That would not happen as the people behind Acorn have a tad of class :)
     
  18. Edwin

    Edwin Well-Known Member

    Joined:
    Apr 2005
    Posts:
    10,007
    Likes Received:
    623
    Here's a link to a copy of the press release...
    http://www.scientificblogging.com/n...ighest_value_for_a_co_uk_internet_domain_name

    The release itself begins...

    So they make the line between what they did and didn't do very, very thin indeed. Especially the "After the sale of..." paragraph, which doesn't actually say "After Sedo sold..." but which you could probably set on an English exam as an essay question and derive a whole page of possible interpretations from.

    Hopefully they'll learn from this and ensure in future that the only trumpet being blown, or even featured in the background of a trumpet-blowing session, is their own...
     
Thread Status:
Not open for further replies.