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Should I be reconsidering Sedo as a secondary sales venue
- Thread starter Edwin
- Start date
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- Joined
- Sep 13, 2005
- Posts
- 2,479
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- 104
I think Sedo is fine, however people have to create an account to make an offer, so the lazy ones won't bother.
I still rate my form page (Welcome to advocacy.co.uk) this brings loads of interest in and I have time to do some research on their email address/IP before replying in my own time. One turned out to be a lakky of a very large entrepreneur so the price I quoted went up also.
I still rate my form page (Welcome to advocacy.co.uk) this brings loads of interest in and I have time to do some research on their email address/IP before replying in my own time. One turned out to be a lakky of a very large entrepreneur so the price I quoted went up also.
most of my sales on Sedo are not parked at Sedo, as parked pages gets a low pecking order on search engines.
The people that are lazy to sign up to make offers are bargain hunters, serious buyers would brother to do it, and usually they would already have an account with them, 99% of my sales are from Sedo, because 99% of my domains are only listed there.
The people that are lazy to sign up to make offers are bargain hunters, serious buyers would brother to do it, and usually they would already have an account with them, 99% of my sales are from Sedo, because 99% of my domains are only listed there.
- Joined
- Aug 14, 2009
- Posts
- 1,560
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- 31
I usually list my domains in my sedo account, even if I don't park them there. Sedo has an active buying customer base so it won't hurt to list them.
I don't like to put fixed prices because sometimes it's too high, and sometimes it's too low. I don't know, and Sedo doesn't know what a domain is worth.
The initial offers I get are ALWAYS lowball minimum offers. I simply reply with a counter offer of 5k or 10k. That soon weeds out the timewasters. You never hear from them again. But if someone is genuinely interested they will try to negotiate.
In the last few days I made use of the sedo suggest a price function. Most suggestions were feasible so I fixed the price based on their suggestion. We'll see how that turns out. I'm sure they wouldn't want to overstate a price as they are relying on the sale for some revenue. But one domain I own came back with a ridiculous price suggestion. chartuk.com was valued at £2100. I'd sell it for 10% of that, but fixed the price according to sedos suggestion
I don't like to put fixed prices because sometimes it's too high, and sometimes it's too low. I don't know, and Sedo doesn't know what a domain is worth.
The initial offers I get are ALWAYS lowball minimum offers. I simply reply with a counter offer of 5k or 10k. That soon weeds out the timewasters. You never hear from them again. But if someone is genuinely interested they will try to negotiate.
In the last few days I made use of the sedo suggest a price function. Most suggestions were feasible so I fixed the price based on their suggestion. We'll see how that turns out. I'm sure they wouldn't want to overstate a price as they are relying on the sale for some revenue. But one domain I own came back with a ridiculous price suggestion. chartuk.com was valued at £2100. I'd sell it for 10% of that, but fixed the price according to sedos suggestion
Apart from Sedo, is it really worth the effort listing UK domains anywhere else.
90% of my sales come through Sedo and about 10% through people finding me through whois etc. At the moment selling about 10 per month through Sedo so can't really complain.
Cheers
Stephen.
90% of my sales come through Sedo and about 10% through people finding me through whois etc. At the moment selling about 10 per month through Sedo so can't really complain.
Cheers
Stephen.
- Joined
- Mar 13, 2006
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Edwin, whats your sedo username so we can see whats on your list?
- Joined
- Apr 5, 2005
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They've not uploaded it yet. I'll post a link when they do.
- Joined
- Apr 5, 2005
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8 days later, they've still not been uploaded to my account. Grr! Watch this space...
- Joined
- Aug 14, 2009
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- 31
- Joined
- Apr 5, 2005
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Update
I have just deleted all my domains for sale from Sedo again. I give up - permanently this time. So far, I've sold 39 domains privately since uploading my portfolio to Sedo (to 9 different buyers) and have had 0 leads from Sedo. What a waste of time x2 (upload, then delete them all again 100 names at a time!)
I have just deleted all my domains for sale from Sedo again. I give up - permanently this time. So far, I've sold 39 domains privately since uploading my portfolio to Sedo (to 9 different buyers) and have had 0 leads from Sedo. What a waste of time x2 (upload, then delete them all again 100 names at a time!)
I'm not sure that is a good idea? Seems like there is even more chance of the 'winning' bidder failing to pay for the domain?
- Joined
- Aug 11, 2006
- Posts
- 1,450
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- 21
Nice, another raft of bidders for you to kick off Dutch auctions with!
That really is an abysmal idea - if you're removing the account requirement.
I've noticed a real increase in offers being made and accepted and then the buyer renaging on the sales contact with little or no comeback. Utterly unacceptable.
Not only should buyers require an account, they should also be required to set up a non-refundable deposit to the value of ~25% of the domain they are offering on. If they back out of the offer then they lose this.
Requiring an account is paramount, fullfilling a sales contract is something you seem to be failing on... and not particularly giving a toss about.
S
Last edited:
- Joined
- Jul 23, 2009
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- 1,406
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- 25
Whilst having to open an account may put a few bidders off, it does help to discourage timewasters - Opening this up is bound to lead to an increase in the amount of fake offers and will result in domains being removed from sale for a period of time due to the seller having accepted such a fake offer.
Perhaps like tifosi said a non-refundable deposit has to be submitted and for fixed price listings under a certain amount, force the person to make payment immediately via credit/debit card or PayPal and until such time as the payment is processed the domain remains available for sale (a bit like eBay sellers can do on their listings)...
- Joined
- May 25, 2005
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- 4,725
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- 249
Totally agree - if someone really wants to buy a domain they'll set up an account. At the very least this little tiny hurdle helps sort out the wheat from the chaff and stops us all wasting much more time at a later date cancelling off fake/timewasting offers.
What safeguards do you intend putting in place ?
- Joined
- Mar 28, 2005
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Err, you have to enter your email address twice to make sure that you've got it correct
- Joined
- Aug 11, 2006
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Exactly! Wild touting, that's all.
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