UK Domain Prices Falling?

[atlas]

So says this study:
http://www.thedomains.com/2013/04/29/styd-average-auction-price-of-co-uk/

the average auction price paid for a Premium .UK domain has been falling for the last three years in a row

Agree or disagree?

 

[Systreg]

Load of old pony, the say:

A study conducted by Cyber Compare (www.cybercompare.net) found that the average auction price paid for a Premium .UK domain has been falling for the last three years in a row.

“After looking at the data of 3698 domain name sales that completed between 2009 and 2012, we found that the average sale price for a domain has fallen by 23% from £316 down to £246 in 2012. ”

A premium domain name is £246?

They must have a completely different idea of what a premium domain is to me, my idea of a premium is in to the many thousands or tens of thousands, not a couple of hundred quid.

Interesting that they say LLL sale prices have risen, they must not be looking at the shite LLL combinations that have been selling lately.

 

[FWSJay]

Maybe they are basing the 'Premium' thing on the sellers description

 

[lee]

The arse fell out of the market a long time ago.

If you are not developing, you may as well not bother.

 

[Murray]

The arse fell out of the market a long time ago.

If you are not developing, you may as well not bother.

^ Id like a lot of people to believe this 8)

 

[DaveLeeds]

^ Id like a lot of people to believe this 8)

Mmmmm...

 

[DaveP]

^ Id like a lot of people to believe this 8)

As would I.

 

[sdsinc]

The reseller market has crashed years ago. If you are selling to end users your mileage may vary.

 

[lee]

^ Id like a lot of people to believe this 8)

Im afraid that there will always be people that got in late and still to this day go around hoovering all the crap up.

 

[Murray]

Im afraid that there will always be people that got in late and still to this day go around hoovering all the crap up.

I only got into domains in november, I've done ok, not enough to live on but a very nice bit on the side.

Defo worth my time + catching is also fun, It's a bit like Christmas everyday hoping you mind land yourself a present.

So It's all win win really.

 

[lee]

Well thats good news all round. Care to share some of your success stories?

 

[Murray]

~~~~~

 

[Brassneck]

The author of the study is a member here. Would be good to know a bit more about the data used for this.

 

[DaveP]

Well thats good news all round. Care to share some of your success stories?

No offence lee but I can't help but feel you come across very bitter and pessimistic. I too have done well with domain names in recent months some .com, some .tv and a lot of co.uk. Don't blame us if you're not spotting the opportunities.

 

[lee]

No offence lee but I can't help but feel you come across very bitter and pessimistic. I too have done well with domain names in recent months some .com, some .tv and a lot of co.uk. Don't blame us if you're not spotting the opportunities.

lol - I do ok. Thank you for you concern.

I guess it depends on your outlook. Times certainly are not as good as a few years ago and im not one of those who scrabbles around FTR lists trying to find yet another name that I will not renew in 2 years.

 

[Brassneck]

No offence lee but I can't help but feel you come across very bitter and pessimistic. I too have done well with domain names in recent months some .com, some .tv and a lot of co.uk. Don't blame us if you're not spotting the opportunities.

I cover my costs but I certainly don't make much these days. I think I am still acquiring domains more from habit than logic.

Passive selling is virtually dead these days - at least for those of us with only decent rather than exceptional domains.

Stephen.

 

[DaveP]

lol - I do ok. Thank you for you concern.

I guess it depends on your outlook. Times certainly are not as good as a few years ago and im not one of those who scrabbles around FTR lists trying to find yet another name that I will not renew in 2 years.

I agree with you on that. Domaining is tougher now than it was. Of course I mostly catch but now and then I still like to reg and flip and have some success even if its just flipping for £30 here and there, which I've done. Profit is profit at the end of the day mate.

 

[websaway]

It says.

we "found that the average auction price paid for a Premium .UK domain has been falling for the last three years in a row"

So no suprises there, we've been in the deepest recession in living memory.

it says after that.

“After looking at the data of 3698 domain name sales that completed between 2009 and 2012, they found that the average sale price for a domain has fallen by 23% from £316 down to £246 in 2012"

Premium domains don't sell below £246 which would be essential if all the 3698 names they refer to were premium domains.

So no surprise there because premium name holders won't sell into a bear market but more activity is occuring at the lower end of the market, so driving down the averages generally for overall sales of domain names ( not premium domains)

 

[Brassneck]

The real problem is that we don't have any proper data. Published data is far from complete and many so-called premium sales happen in secret (supposedly!).

My experience through my real sales is that the reseller market hardly exists anymore but used to be a source for a fair number of my sales, and the end user market is difficult but possible to make sales if you are proactive in marketing your domains (i.e. prepared to do some hard work) or if you have top generics which solicit a fair number of inbound enquiries.

I think overall the market is not really where I expected it to be when I started doing this nearly 10 years ago - irrespective of a recessions. If there was a lot of real confidence out there then surely the reseller market would operate at some level? Google has done much of the damage with its EMD changes and also the black and white creature algo changes, and we might already have seen the best days. I hope I am wrong though!

Stephen.

 

[websaway]

The real problem is that we don't have any proper data. Published data is far from complete and many so-called premium sales happen in secret (supposedly!).

My experience through my real sales is that the reseller market hardly exists anymore but used to be a source for a fair number of my sales, and the end user market is difficult but possible to make sales if you are proactive in marketing your domains (i.e. prepared to do some hard work) or if you have top generics which solicit a fair number of inbound enquiries.

I think overall the market is not really where I expected it to be when I started doing this nearly 10 years ago - irrespective of a recessions. If there was a lot of real confidence out there then surely the reseller market would operate at some level? Google has done much of the damage with its EMD changes and also the black and white creature algo changes, and we might already have seen the best days. I hope I am wrong though!

Stephen.

I think we have entered a new phase where the skills required are:

Sorting the wheat from the chaff and being able to see the wood through the trees.

Nominet new what was coming and how it would effect new registrations and renewals of low quality domains, so were happy to risk the future of the UK domain space in searching for an easy profitable way forward at the expense of loyal co.uk owners.