Should I be reconsidering Sedo as a secondary sales venue

[EdwinEdwin is verified member.]

Quite a while back now, I took all my names off of Sedo (sales site) at the same time as I stopped parking with them and started redirecting the traffic directly to my sales site. But I was recently starting to wonder whether there was any real benefit to listing names for sale at Sedo (not parked, just in their for-sale catalogue) in parallel to marketing them directly?

Anyone have any success (or horror) stories to share? Am I missing a trick by not dumping my portfolio on there too? Or is it just a waste of time at the end user pricing level?

 

[scooter]

I think it is worth it. Without giving the name away, I had a hotels domain listed with them but with the domain on a straight redirect to activehotels manchester listings making the odd pound. It was a .com

I sold it through sedo for 2.5K 2 years ago.

.

 

[scooter]

I just realised I have sold 2 this way. The other was hire4less.co.uk that was on a straight redirect to holiday autos. It was sold through sedo for £2K 3 years ago.

.

 

[foz]

Sedo does have an active buying audience outside the lead generation that domain parking brings them.

I list domains with them and have made sales, sales I suspect would not have occurred through direct selling methods.

 

[AdminAdmin is verified member.]

I've had 2 private sales this week, first ones of any kind in ages.

Sedo bring a lot of enquiries followed by low ball offers.

 

[NigelNigel is verified member.]

We're getting lots of bidding activity at the moment and quite a few sales at Sedo (tho' not on a sales listing only basis - the domains are parked there). Think it must be a sign of the perceived upturn in the economy in the last couple of weeks. I still think its going to be tough economically for quite some time and a few twists and turns that we can't see at the moment. Some bids are definitely via people looking at the lists only i.e. on a domain that may not have received any traffic in the last 32 days (so the bidder did not see the domain by visiting the parked page). So it can't hurt you to list your domains there Edwin.

 

[Brassneck]

We're getting lots of bidding activity at the moment and quite a few sales at Sedo (tho' not on a sales listing only basis - the domains are parked there). Think it must be a sign of the perceived upturn in the economy in the last couple of weeks. I still think its going to be tough economically for quite some time and a few twists and turns that we can't see at the moment. Some bids are definitely via people looking at the lists only i.e. on a domain that may not have received any traffic in the last 32 days (so the bidder did not see the domain by visiting the parked page). So it can't hurt you to list your domains there Edwin.

I'd agree with all the above.

Some recent weeks I have had 3 or 4 sales all via Sedo, and for all kinds of domains.

Stephen.

 

[mallymally is verified member.]

I always check sedo, when I've got a good idea at the type of domain I'm looking for. I got Boating Holiday a few days ago via Sedo, and it wasn't parked their either

 

[tifosi]

I've had 2 private sales this week, first ones of any kind in ages.

Sedo bring a lot of enquiries followed by low ball offers.

Had 2 offers in the last 2 weeks... both offering £50. After sedo's commission I'd be making a loss. After counteroffers (both reasonable low xxx) both ended up being cancelled (The I'll offer you £100 and no more, cos I can buy one for £6. Or, well it only cost you £6 and I can get another similar one for that, wear thin after a while - good luck to them if they want to try that!).

After the fiasco of the adult & other auctions as well as sedo cancelling sales with cut n paste responses and no answers to my mails I got pretty pissed off with sedo and considered removing all my domains. I left them there in the end but not before I cleared the minimum offer fields.

Bit of a 2 edged sword that, issue with across the board min offers (to stop lowball offers) is that that's what is offered and tends to be no more. But better than £50 for A/B grade names!

I'll have to readd the entries but individually... another few hours wasted probably!

S

 

[EdwinEdwin is verified member.]

Thanks for all the feedback - if I do go ahead I'm going to specify an x,xxx minimum of some kind to weed out timewasters. Sounds like it's worth considering, at any rate.

 

[Brassneck]

Apart from Sedo, has anybody sold a domain at any other listing site.

I had a couple of sales via Namedrive and one from Afternic. Anybody use any of these or other sites with any success?

Stephen.

 

[mallymally is verified member.]

I've bought a few on domainlore

 

[aZooZaaZooZa is verified member.]

Sedo has done well for me in the last 4 weeks. You have to preclude other sales venues.

 

[tifosi]

So the question is when using sedo:

Fixed price, no price or minimum price. Set a fixed price and risk it being too low or too high. Set no price and expect lowball offers with an increased risk of cancelled offers. Or set a minimum price again with a risk of it being too high or too low & with a smaller risk of cancelled offers.

S

 

[sedosedo is verified member.]

We would recommend fixed pricing. We have seen the most sales success with this method. A lot of buyers do not like sales negotiation and are put off when there is no price at all. They like to just see the price and purchase.

 

[sedosedo is verified member.]

It is also better to list your names for sale AND park as you have more chance of a sale through double visibility and a wider sales platform internationally. 37% of all sales through the market place come from parked pages.

 

[EdwinEdwin is verified member.]

It is also better to list your names for sale AND park as you have more chance of a sale through double visibility and a wider sales platform internationally. 37% of all sales through the market place come from parked pages.

I have seen MANY more sales after moving to redirecting all traffic to my private sales site rather than to a parked page with a "for sale" link (my domain sales more than doubled). I'll take that any day over a loss of 37% of enquiries!

So it sounds like listing at Sedo would give me access to the 63% of people who DIDN'T buy after hitting a parked page...

 

[foz]

Sedo did make the effort awhile back purchasing domain.co.uk, which begs the question, why isn't it being redirected to the sedo.co.uk homepage now?

 

[EdwinEdwin is verified member.]

Quick follow-up: I just submitted an Excel sheet to Sedo (using their special sheet for listing 200+ domains) with 3,019 fixed-price domains on it. It will be interesting to see what happens next (I will post an update in a few weeks if there's any sales action as a result of the Sedo listings)

NOTE: the domains will continue to point at my own sales site - this move is purely to tap buyers already searching on the Sedo sales platform.

 

[retired_member6]

We would recommend fixed pricing. We have seen the most sales success with this method. A lot of buyers do not like sales negotiation and are put off when there is no price at all. They like to just see the price and purchase.

The most sales success? That's impossible to judge, you don't know how many fail to buy or offer because they see the price wanted, perhaps pricing a domain loses 20% of possible sales?