Domain News

The live portion of the Down Under auctions may have concluded, too abruptly in some cases, but some of the names that did not make the ‘cut’ are still on auction – ready for savvy domainers to ratchet up and purchase. Prudence favors the bold in times like these - opportunities were missed in both Australian auctions.

To that end, there are several gems still waiting for someone to snatch and capture, revalue and conquer down the road. Again, DomainConsultant chose every name for the Aftermarket.com auction with three criteria in mind: quality, price and value – with value being defined as ‘short’ and ‘long’ term. Latona was also able to offer value in multiple forms – a major tourist Mecca like San Juan for $150k?  Again, opportunity knocked and domainers, so eager before, did not answer the door.

For a domain purchase to become a bargain requires a solid combo platter of the above three ingredients, with a side of seasoned curly fries and coleslaw.

Just return to days past when many domains were bought without consideration to all three variants and their loyal subjects. This led to a ‘bubble’ in the ‘price’ sector and a drop in the correlating ‘value’ equation. In other words, lots of domain speculators overpaid in live auctions.

But yet, it was to the sheer financial benefit of the few who saw that time as ripe to sell inventory. They, we, are the ones who benefited most from the early live auctions – we sold names without heartbeats for tens of thousands of dollars. Why? Because we follow that damn old saying - “buy low, sell high.”

So simple yet so evasive - it drives the fear of opportunity, more than the fear of failure. Those who do not implement or ignore recede into the background – pushing their names out, at a loss sometimes, just to follow the speculative leanings of the marketplace. They bought too many, too fast for too much and now are selling to recoup.

So today that means they liquidate names like HandicapShop.com for $800, not $8000; NoCalorie.com goes for $450 and not $4500; GranolaBar.com sells for $3800 not $38k.

Backtrack over the last 12, 18, 24, even 36 months and decipher how much these current offerings would have gathered at those points – this formula can help guide speculative, value-based buying decisions. Cycles, baby, cycles.

Can anyone offer reasonable doubt as to the state of the market? Are we high or low? Of course, we are on the low, low side so if you consider yourself even a speculative domainer - then now is clearly the time to buy. A domain like iUS.com for $25k (particularly given the state of ‘i’ names and good LLLs)? Eighteen months ago, this premium generic would have brought $75,000-$150,000 in a live venue. Bottom line is the auctions were filled with names priced for easy end-user sales.

For our money, we chose names like SkiEurope.com (kicks ass), Coed.com (think 18-22 college dating), ChildLocation.com, BajaAdventures.com, iJar.com, Somehow.com and about two dozen more that are still available for bids closing November 26th. Rick Latona’s auction is now closed.

Some Aftermarket.com names just didn’t make it to the auction in the time allowed while others did not get bids like NewTLD.com. Didn’t we just spend a week talking about hundreds of ‘new TLDs’? How much does one application cost again?

Truthfully, reach the bottom and only blue skies, Simpson-like clouds and ‘ahhhhs’ await you. It is time-tested and true - repeated by speculators before (2000-2002) and repeated daily by some of the most successful domainers (like Latona) in the world. Afterall, domaining itself is based in the idea of buying low and selling high.

So the ultimate question is: why aren’t you buying?

(c) 2008 DomainNameNews.com

Saws.com , Medicinas.com , Coed.com - All For Sale at Aftermarket.com Online Domain Auction November 20th . Click here to register for the auction.

Original post by M.Fiol

The live portion of the Down Under auctions may have concluded, too abruptly in some cases, but some of the names that did not make the ‘cut’ are still on auction – ready for savvy domainers to ratchet up and purchase. Prudence favors the bold in times like these - opportunities were missed in both Australian auctions.

To that end, there are several gems still waiting for someone to snatch and capture, revalue and conquer down the road. Again, DomainConsultant chose every name for the Aftermarket.com auction with three criteria in mind: quality, price and value – with value being defined as ‘short’ and ‘long’ term. Latona was also able to offer value in multiple forms – a major tourist Mecca like San Juan for $150k?  Again, opportunity knocked and domainers, so eager before, did not answer the door.

For a domain purchase to become a bargain requires a solid combo platter of the above three ingredients, with a side of seasoned curly fries and coleslaw.

Just return to days past when many domains were bought without consideration to all three variants and their loyal subjects. This led to a ‘bubble’ in the ‘price’ sector and a drop in the correlating ‘value’ equation. In other words, lots of domain speculators overpaid in live auctions.

But yet, it was to the sheer financial benefit of the few who saw that time as ripe to sell inventory. They, we, are the ones who benefited most from the early live auctions – we sold names without heartbeats for tens of thousands of dollars. Why? Because we follow that damn old saying - “buy low, sell high.”

So simple yet so evasive - it drives the fear of opportunity, more than the fear of failure. Those who do not implement or ignore recede into the background – pushing their names out, at a loss sometimes, just to follow the speculative leanings of the marketplace. They bought too many, too fast for too much and now are selling to recoup.

So today that means they liquidate names like HandicapShop.com for $800, not $8000; NoCalorie.com goes for $450 and not $4500; GranolaBar.com sells for $3800 not $38k.

Backtrack over the last 12, 18, 24, even 36 months and decipher how much these current offerings would have gathered at those points – this formula can help guide speculative, value-based buying decisions. Cycles, baby, cycles.

Can anyone offer reasonable doubt as to the state of the market? Are we high or low? Of course, we are on the low, low side so if you consider yourself even a speculative domainer - then now is clearly the time to buy. A domain like iUS.com for $25k (particularly given the state of ‘i’ names and good LLLs)? Eighteen months ago, this premium generic would have brought $75,000-$150,000 in a live venue. Bottom line is the auctions were filled with names priced for easy end-user sales.

For our money, we chose names like SkiEurope.com (kicks ass), Coed.com (think 18-22 college dating), ChildLocation.com, BajaAdventures.com, iJar.com, Somehow.com and about two dozen more that are still available for bids closing November 26th. Rick Latona’s auction is now closed.

Some Aftermarket.com names just didn’t make it to the auction in the time allowed while others did not get bids like NewTLD.com. Didn’t we just spend a week talking about hundreds of ‘new TLDs’? How much does one application cost again?

Truthfully, reach the bottom and only blue skies, Simpson-like clouds and ‘ahhhhs’ await you. It is time-tested and true - repeated by speculators before (2000-2002) and repeated daily by some of the most successful domainers (like Latona) in the world. Afterall, domaining itself is based in the idea of buying low and selling high.

So the ultimate question is: why aren’t you buying?

(c) 2008 DomainNameNews.com

Saws.com , Medicinas.com , Coed.com - All For Sale at Aftermarket.com Online Domain Auction November 20th . Click here to register for the auction.

Original post by M.Fiol

Aftermarket.com got off to a late start early Thursday morning (Australian time) with their TRAFFIC Down Under auction. The start of the auction was delayed 20 minutes with technical problems with the audio and video feeds.

However, once the auction got going, it seemed like the auctioneer really was moving the names well.  Few names seemed to past, given the No reserve prices on many names. The activity really skyrocketed through camera.co.uk, which sold for $35,000 . Around the time lot 38 came up it was clear that their were technical difficulties as these auctions didn’t show as closed on the users side once the hammer fell.  By the time the auction reached lot 48, the Aftermarket.com team decided to pull down the auction and take a 5 minute recess. Word from the team on the ground was that they were having technical difficulties on their network back in Washington.

With the audio, turned way up on the still running video feed, DNN was able to pick up some of the conversation between the Aftermarket.com team members deciding whether to continue the already late auction and what to do with the little time they had left.  It sounded like the decision was made, with a major influence and push by TDU host Dan Warner, to continue bidding on .com.au names only.  The Aftermarket.com team opted to continue the auction and sell only the remaining .com.au domains at the live event and passed on selling the rest of the other domains. These names were receiving the most action from the live audience members and given the location it somewhat makes sense to cater to those in attendance. However, cutting off the remaining names surely didn’t win them any love from the sellers.  Saws.com and PrivateResort.com were also brought up in the end and both did sell.  Saws.com ended up closing at $52,000, making it the top sale for the day.

DNN was informed by Aftermarket.com staff that the other domains that did not make it before the live audience will be available and open for bidding until November 26th at Aftermarket.com  These problems will likely cause a huge amount of grumbling among the sellers whose names were affected by the problems.  The auctioneer did a great job and this auction looked to be a resounding success until the technical difficulties brought it crumbling down.

Original post by Adam Strong

Patnent Kinetics, an east coast IP firm, announced today via PRnewswire the auctioning of the domain name Cold.com.  The domain name has a minimum bid price of $1million.

The press release describes Patent Kinetics as “an Intellectual Property strategy, evaluation, and brokerage company specializing in patents, trademarks, copyrights, and high value Internet domain names.” This is the first domain name auction DNN has seen from this company.  We’d sure love to see another high profile sale like this go through especially from a relative newcomer.  We tend to agree with Mike at TheDomains that, given the current economic climate and other factors, the company has probably overpriced the domain.

Interested bidders can find the instructions on the sealed bid process at the Cold.com website.

(c) 2008 DomainNameNews.com

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Original post by Adam Strong

According to the TRAFFIC Down Under agenda, the Aussie event will be incorporating a multiple auction format similar to the TRAFFIC Brooklyn event. Aftermarket.com and Rick Latona will have auctions at the event on November 20th.  Aftermarket.com is the “premier” auction with a 2 hour time slot followed shortly after by Rick Latona with a 1 hour time slot.  There’s no mention of a Moniker/SnapNames auction in the agenda or on the site.

(c) 2008 DomainNameNews.com

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Original post by Adam Strong

Domain registrar and parking company Fabulous.com announced today a partnership that pairs the company up with expiring domain auction site Namejet.com . Effective August 1st all of the Fabulous.com company owned expiring domain names will be auctioned through NameJet.com.

According to an announcement sent to customers, Fabulous.com will be running their own expiring domain inventory through the Namejet system as a test beginning August 1st. The test will allow them to determine whether the solution is a viable option for selling Fabulous registrant customers expiring domain names as well. The company seems to be planning to launch the service for customers in the future with an opt-in feature but they have yet to determined the details of the arrangement :

This would be an opt in service, where you would receive funds on a revenue share basis for any of your expiring domains that are sold.

Namejet.com currently includes NetworkSolutions and Enom among the registrars that run their expiring domain inventory through the NameJet expiring domain auction marketplace.

The full company announcement after the jump.

Fabulous released the information to their users/customers after a leak by Namejet.com surfaced this weekend at Namepros.

From August 1, NameJet will be listing deleted and expiring domain names from the Fabulous registry. In the initial stages, only domains owned by Domain Active (which is a sister company of Fabulous.com) will be auctioned off.

Like all new product developments, we will be testing the NameJet platform with our own portfolio first. If the tests are successful we will be making this available to our third party partners such as yourself. This would be an opt in service, where you would receive funds on a revenue share basis for any of your expiring domains that are sold.

Just to re-iterate, initially only our own domains are included in this partnership, and any domains that you do not renew will go through the normal drop/delete cycle.

Once we have more information about the possibility of releasing this to third parties, we will be sure to let you know.

(c) 2008 DomainNameNews.com

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Original post by Adam Strong

While Andy Purdy called the auctions of the 4-letter .tv domains that use the call letters of U.S. TV stations “highly-prized”, it seems that his speculation was a bit of hype.

On Friday of last week, Purdy posted a report on his website explaining that a Florida resident had let 285 4-letter .tv domain names expire - many of which represented successful broadcast stations across the United States - and the impending public auction between July 19-23 would be a great opportunity for anybody looking to grab these “highly-prized” TV domains.

Purdy, who served as the Acting Director of the National Cyber Security Division for Homeland Security for two years, believed that “releasing the domains to anonymous bidders around the world may have a serious impact on how American broadcasters maintain their online identity, particularly in light of the upcoming switch to digital broadcast.”

After one day of auctions, however, it seems not many domainers or broadcasters agreed on these being valuable domain names to acquire.

Saturday’s auction results have revealed the following closing prices:

KATC.TV Lafayette, LA ABC - $28
KATU.TV Portland, OR ABC - 23 Fisher Communications - $15
KATV.TV Little Rock, AR ABC - 57 Allbritton Communications Company - $72
KBSD.TV Dodge City, KS CBS - $10
KCAU.TV Sioux City, IA ABC - $10
KCEN.TV Waco, TX NBC - 95 Frank W. Mayborn - $20
KCIT.TV Amarillo, TX FOX - $10
KAAL.TV Austin/Rochester, MN ABC - $10
KAMC.TV Lubbock, TX ABC - $26
KAMR.TV Amarillo, TX NBC - $10
KARK.TV Little Rock, AR NBC - 57 Nexstar Broadcasting Group - $21

By scanning through the complete list of domain auctions, including Sunday and Mondays current results which continued at a similar rate, it’s evident that there was not as much interest as Purdy had anticipated.

The fact is that the .tv extension, although relevant to the industry, is still second choice for these broadcast stations and therefore limited in value.

Most broadcast stations have already developed .com websites to maintain their online identity and simply have no need for the less popular .tv domain name. And in this case, when there is only one possible end user that has already decided to go with a more common extension, the domain becomes virtually useless. The .tv extension also has lost popularity likely because of higher renewal costs and potential additional fees that the registry places on “premium” .tv domains.

However, if there is any value to be had, it is most likely in the 4-letter domains with acronyms that can be used for other applications - not just radio or TV stations. If any of these makes sense with the .tv TLD, then it has additional value because it has a larger pool of possible end users.

Another issue with buying domains at TDNAM is that Godaddy’s rules allow for an expired domain name to still be renewed by the former owner up to 7 days after the auction ends. The owner of these .tv domains could still renew these domain names even after the auction has ended. There is the potential for a domain investor or a TV station to purchase one of these domain names and have the name reclaimed by the former owner.

If you want to invest in this type of domain name, you can find more information at AndyPurdy.com or inquire in the comments section. Bidding for the domains is ongoing at Godaddy’s TDNAM.com site.

(c) 2008 DomainNameNews.com

Domain Convergence, October 6-8, 2008, Niagara Falls

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Original post by Chad Kettner

While Andy Purdy called the auctions of the 4-letter .tv domains that use the call letters of U.S. TV stations “highly-prized”, it seems that his speculation was a bit of hype.

On Friday of last week, Purdy posted a report on his website explaining that a Florida resident had let 285 4-letter .tv domain names expire - many of which represented successful broadcast stations across the United States - and the impending public auction between July 19-23 would be a great opportunity for anybody looking to grab these “highly-prized” TV domains.

Purdy, who served as the Acting Director of the National Cyber Security Division for Homeland Security for two years, believed that “releasing the domains to anonymous bidders around the world may have a serious impact on how American broadcasters maintain their online identity, particularly in light of the upcoming switch to digital broadcast.”

After one day of auctions, however, it seems not many domainers or broadcasters agreed on these being valuable domain names to acquire.

Saturday’s auction results have revealed the following closing prices:

KATC.TV Lafayette, LA ABC - $28
KATU.TV Portland, OR ABC - 23 Fisher Communications - $15
KATV.TV Little Rock, AR ABC - 57 Allbritton Communications Company - $72
KBSD.TV Dodge City, KS CBS - $10
KCAU.TV Sioux City, IA ABC - $10
KCEN.TV Waco, TX NBC - 95 Frank W. Mayborn - $20
KCIT.TV Amarillo, TX FOX - $10
KAAL.TV Austin/Rochester, MN ABC - $10
KAMC.TV Lubbock, TX ABC - $26
KAMR.TV Amarillo, TX NBC - $10
KARK.TV Little Rock, AR NBC - 57 Nexstar Broadcasting Group - $21

By scanning through the complete list of domain auctions, including Sunday and Mondays current results which continued at a similar rate, it’s evident that there was not as much interest as Purdy had anticipated.

The fact is that the .tv extension, although relevant to the industry, is still second choice for these broadcast stations and therefore limited in value.

Most broadcast stations have already developed .com websites to maintain their online identity and simply have no need for the less popular .tv domain name. And in this case, when there is only one possible end user that has already decided to go with a more common extension, the domain becomes virtually useless. The .tv extension also has lost popularity likely because of higher renewal costs and potential additional fees that the registry places on “premium” .tv domains.

However, if there is any value to be had, it is most likely in the 4-letter domains with acronyms that can be used for other applications - not just radio or TV stations. If any of these makes sense with the .tv TLD, then it has additional value because it has a larger pool of possible end users.

Another issue with buying domains at TDNAM is that Godaddy’s rules allow for an expired domain name to still be renewed by the former owner up to 7 days after the auction ends. The owner of these .tv domains could still renew these domain names even after the auction has ended. There is the potential for a domain investor or a TV station to purchase one of these domain names and have the name reclaimed by the former owner.

If you want to invest in this type of domain name, you can find more information at AndyPurdy.com or inquire in the comments section. Bidding for the domains is ongoing at Godaddy’s TDNAM.com site.

(c) 2008 DomainNameNews.com

Domain Convergence, October 6-8, 2008, Niagara Falls

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Original post by Chad Kettner

While Andy Purdy called the auctions of the 4-letter .tv domains that use the call letters of U.S. TV stations “highly-prized”, it seems that his speculation was a bit of hype.

On Friday of last week, Purdy posted a report on his website explaining that a Florida resident had let 285 4-letter .tv domain names expire - many of which represented successful broadcast stations across the United States - and the impending public auction between July 19-23 would be a great opportunity for anybody looking to grab these “highly-prized” TV domains.

Purdy, who served as the Acting Director of the National Cyber Security Division for Homeland Security for two years, believed that “releasing the domains to anonymous bidders around the world may have a serious impact on how American broadcasters maintain their online identity, particularly in light of the upcoming switch to digital broadcast.”

After one day of auctions, however, it seems not many domainers or broadcasters agreed on these being valuable domain names to acquire.

Saturday’s auction results have revealed the following closing prices:

KATC.TV Lafayette, LA ABC - $28
KATU.TV Portland, OR ABC - 23 Fisher Communications - $15
KATV.TV Little Rock, AR ABC - 57 Allbritton Communications Company - $72
KBSD.TV Dodge City, KS CBS - $10
KCAU.TV Sioux City, IA ABC - $10
KCEN.TV Waco, TX NBC - 95 Frank W. Mayborn - $20
KCIT.TV Amarillo, TX FOX - $10
KAAL.TV Austin/Rochester, MN ABC - $10
KAMC.TV Lubbock, TX ABC - $26
KAMR.TV Amarillo, TX NBC - $10
KARK.TV Little Rock, AR NBC - 57 Nexstar Broadcasting Group - $21

By scanning through the complete list of domain auctions, including Sunday and Mondays current results which continued at a similar rate, it’s evident that there was not as much interest as Purdy had anticipated.

The fact is that the .tv extension, although relevant to the industry, is still second choice for these broadcast stations and therefore limited in value.

Most broadcast stations have already developed .com websites to maintain their online identity and simply have no need for the less popular .tv domain name. And in this case, when there is only one possible end user that has already decided to go with a more common extension, the domain becomes virtually useless. The .tv extension also has lost popularity likely because of higher renewal costs and potential additional fees that the registry places on “premium” .tv domains.

However, if there is any value to be had, it is most likely in the 4-letter domains with acronyms that can be used for other applications - not just radio or TV stations. If any of these makes sense with the .tv TLD, then it has additional value because it has a larger pool of possible end users.

Another issue with buying domains at TDNAM is that Godaddy’s rules allow for an expired domain name to still be renewed by the former owner up to 7 days after the auction ends. The owner of these .tv domains could still renew these domain names even after the auction has ended. There is the potential for a domain investor or a TV station to purchase one of these domain names and have the name reclaimed by the former owner.

If you want to invest in this type of domain name, you can find more information at AndyPurdy.com or inquire in the comments section. Bidding for the domains is ongoing at Godaddy’s TDNAM.com site.

UDPATE by Adam :?? Here’s some more insight on the .tv domains and what the stations think about the domains.

(c) 2008 DomainNameNews.com

Domain Convergence, October 6-8, 2008, Niagara Falls

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Original post by Chad Kettner

The launch and creation of Bido.com was announced back in February at a launch party in Las Vegas.  The site was launched, but according to company officials the auction service was later postponed as the company worked on streamlining the Bido.com system to integrate with the DNZoom platform.  In the interim one of the founders, Ron Jackson, also announced his departure.

Today the company has announced a new official launch to be on June 18th with the following domains to be auctioned off for $1 : DiscountImages.com, GolfIowa.com,  RYY.com, GoldAuction.com, SpywareHelp.com, DomainTalk.com, VacantRoom.com  and CerealBox.com.

On June 18, 1:00 PM, Bido.com is going to drop the bomb on the domain auction scene. With one daily domain auction, guaranteed minimum sale price, a low 8% commission rate, and analysis from industry experts, Bido.com is truly taking a fresh approach to the exciting — but until now unglamourous — world of domain name auctions.

The company will hold auctions every day, 7 days a week, with the auction start time slated for 1pm EST.

(c) 2008 DomainNameNews.com

Visit our Calendar of Domain Industry Events.

Original post by Adam Strong

I wasn’t going to attend the 2008 TRAFFIC East show. I’m totally burned out on “Domain Show Overload”. Really, how many freaking shows can we pack in to a calendar year ? While making my plans, I had only heard from a handful of colleagues that they would be attending, but I had some last minute business to attend to and a long-time friend was going to be in the US for this show. That was a good enough reason to head south to catch the tail end of the show on Thursday and Friday.    (keep on reading for my ‘quick take’)

I arrived on Thursday, in time for lunch, and sat down to a good earful of rumors and stories from friends and new acquaintances who caught me up on what I missed during the first days. I heard about the “Hal incident” from a handful of people. All of it seemed a twisted and contorted mess that I won’t give any more time to here. Let’s just say that the domain business is small, and the gossiping is unreal. Watch yourselves out there . . . You know who you are.

I also heard about “the pitch” by Rick Schwartz, the TRAFFIC conference owner/operator/promoter. Apparently Rick is promoting a new product/technology that he is invested in and he felt that domainers, who paid to attend the conference, would be interested in the product and an investment opportunity. Prior to the show, Schwartz had announced that he would be speaking about an opportunity which he said

“ties in nicely with what we all do (especially if you have business to business traffic) and then to marry it to a pay structure that can finally earn what a visitor is truly worth may be ground breaking.”

I didn’t make it to any of the sessions because of other commitments but I was able to attend the party Thursday night (of course) and the first half of the auction.  The overall vibe I sensed from discussions while socializing with a few domainers was that of “doom and gloom”.  In conversation, no one seemed really positive.  Rick, a guy I consider to be extremely optimistic and energetic, even seemed to be a bit sluggish in his usual enthusiasm.  Always the salesman though, he seemed to rally to wrap up the show with his final speech on the last day inviting everyone to come to the next “biggest TRAFFIC show ever” in New York City.

The show overall was small, not the smallest I’ve been to by any means (I attended the first few). I have heard reports of 200 attendees. In my eyes this show had a similar size/feel to the last Domain Roundtable show.  While teasing Jay Westerdal about the topic, he postured against my implication, claiming that the last Domain Roundtable was bigger than this TRAFFIC.  The exhibit area seemed empty the few times I peaked in. The “cashinator” and the Segway from Parked.com provided some minor thrills and free money, but the vendors seemed fairly bored. I took a count of the attendees during the auction as hoodia.com hit the block. To my count there were 87 in the room and 109 online viewers.  Pretty small again, but I counted 50 in the room during Domain Roundtable. Small for sure, but I think these sizes are much more manageable and allowed attendees to network better.  To me the bigger shows are always overwhelming. Sure the sponsors get more exposure, but the smaller venues are where you can focus and get things done. There’s none of the “What’s parking?” or “How do I get traffic to my domain?” questions to filter out.

After all the doom and gloom feel, I left with a fairly positive view after the auction.  Maybe it was the vibe I got from being in the room and involved in bidding, but good domains are still selling at reasonable prices. There were even some hotly contested domains. Postalcodes.com rose from $1,000 to $42,000 with several bidders online and live.  First time attendees even got caught up in bidding frenzy, running Saggitarius.com up to $33,500.  Ow.com had 2 phone-in bidders volleying to win.

The list still had domains that have “been around the block” with those daunting 7 figure or high 6-figure reserves that scare away all bidders.  Are you sellers really trying to sell these domains ?   I’m sure they help to make the auction appear “stacked” (before the reserve prices are posted), but how many times do we need to run these through the circuit with the high reserves ?  Many good one word domains seemed to be a hot commodity this show when they were reasonably priced : Grass.com, Athlete.com, Track.com, Maybe.com and Rainbow.com.

The auction was one of the lowest dollar amounts seen at recent TRAFFIC auctions.  Worse than the recent Vegas show. I don’t think expectations were high on this auction though given the small attendance numbers. Monte Cahn informed me the day before the auction that they had a bidder lined up for Israel.com, but minutes before the show he mentioned to me again that the bidders had backed out.  This shows how one domain can greatly alter the overall total sales of an auction and make the auction look less than stellar.  This is the lowest total dollar amount sold in recent TRAFFIC auctions, but with nearly 1/3 of the domains selling and none surpassing $225k, scoring over $2 million worth of sales seems pretty close to the mark.

(c) 2008 DomainNameNews.com

Domain Convergence, October 6-8, 2008, Niagara Falls

Original post by Adam Strong

In an email today, Sedo introduced a new member certification program designed to help protect and legitimize the auctions and bidding. There are 3 levels of Sedo pro membership now : Standard, Premium and Premium Plus. The memberships vary based on amount of money that members plan to spend on domain names for sale on Sedo or GreatDomains.com. The email can be read after the jump. To learn more about the program see Sedo’s site here.

Hello,
Sedo is introducing two new member certification tiers to help us focus on legitimizing high-end sales. These new tiers will help us verify the credibility of bidders, especially those bidding on premium domains.
As a SedoPro client, I wanted to offer this information to you immediately so that you can take the necessary steps to become certified and contact me if you have any problems.
This link will explain the different levels of member certification and provide instructions on how to proceed: https://sedo.com/member/membercert/index.php

(c) 2008 DomainNameNews.com

Domain Convergence, October 6-8, 2008, Niagara Falls

Original post by Adam Strong

In an email today, Sedo introduced a new member certification program designed to help protect and legitimize the auctions and bidding. There are 3 levels of Sedo pro membership now : Standard, Premium and Premium Plus. The memberships vary based on amount of money that members plan to spend on domain names for sale on Sedo or GreatDomains.com. The email can be read after the jump. To learn more about the program see Sedo’s site here.

Hello,
Sedo is introducing two new member certification tiers to help us focus on legitimizing high-end sales. These new tiers will help us verify the credibility of bidders, especially those bidding on premium domains.
As a SedoPro client, I wanted to offer this information to you immediately so that you can take the necessary steps to become certified and contact me if you have any problems.
This link will explain the different levels of member certification and provide instructions on how to proceed: https://sedo.com/member/membercert/index.php

(c) 2008 DomainNameNews.com

Domain Convergence, October 6-8, 2008, Niagara Falls

Original post by Adam Strong

The Sedo.com auction for the domain name Pizza.com ends in roughly 2 hours from this writing. The bid price has already eclipsed $2.5 million 24 participating bidders. The reserve has already been met on this domain so it will be sold.  How much higher will it go ?  Why aren’t you buying it ?

(c) 2008 DomainNameNews.com

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domain auctions, great domains, pizza.com, sedo

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Original post by Adam Strong

I got an email, right after I posted about the TRAFFIC auction results. “Don’t sound the alarm ! The ship is not sinking.” Seriously though. No. It wasn’t that dramatic but it did remind me of the scene from the Titanic movie, where the band keeps playing. The email referred me immediately to Michael Berken’s post on his blog about his take on the auction.

Given that my previous post about the auction simply stated “Making comparisons to past results and using the data we gathered, the results of this auction aren’t very impressive,” I was admittedly surprised at this quick damage control by the sender. So, I took a little time to read Mike’s post and a few others across the web and add my further commentary below (and after the jump).  Berkens points out several factors that contributed to the eventual results of the TRAFFIC auction and seems to be unfazed  overall.  .  .  . (more…)

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Original post by Adam Strong