Question about domain auctions

21 replies
  • SEO
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Ok I own a handful of domain names. I just registered with Go Daddys auction.

The prices I see there are insane. Are people actually buying domains for these crazy amounts?

Also what do you guys think about these names
GreatCreditCardOffer.com
LearningHowToTrade.com
Profitrio.com

How do you even assign a value to a domain with no traffic?
#auctions #domain #question
  • Profile picture of the author SEO Power
    Domains sell at high rates either because they are hard to get (e.g. 2-word domains), because of their high pagerank and link juice, or their age, or all three. The valuation of most domain names are based on the 3 factors mentioned above.
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  • Profile picture of the author jamesi
    I spend most of my time trading in domain names, so I think I can help you out.

    GreatCreditCardOffer.com and Profitrio.com are worthless. LearningHowToTrade.com has some value, but I personally wouldn't pay over $30 for it.

    Prices of domain names on the aftermarket are usually determined by a few factors;

    1. The TLD. .com domain names generally sell for a higher price (there are always exceptions to the rule).
    2. The domain's age - most domains registered in the 90s have some decent value.
    3. Other TLDs - are the other extensions registered and active? If so, this will increase the price a lot.
    4. End users: is the domain name easy to sell on? Are there a lot of end users who use similar domains?
    5. Word combinations: one word and two word .coms sell well on auction sites at the moment. But, they have to make sense! For example, HoustonDentist.com would sell for a much higher price than the almost worthless DentistHouston.com.
    6. Domain length: Three letter domain names are always pricey. LLL.com domains sell, on average, for around $4,000 each.

    There are a few other factors that can affect the price of any domain on auction, but these are the main six in my opinion.
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  • Profile picture of the author Jayski32
    People are buying up aged domains which are driving up the godaddy auctions. they are auctions, so yes people are paying those prices for PR domains. You shouldn't though.
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    • Profile picture of the author jamesi
      Originally Posted by Jayski32 View Post

      People are buying up aged domains which are driving up the godaddy auctions. they are auctions, so yes people are paying those prices for PR domains. You shouldn't though.
      These are not just bought because of PageRank. There'll be many other factors in play. (None of my hundreds of domain purchases have ever been bought purely on PageRank)
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      • Profile picture of the author Jayski32
        Originally Posted by jamesi View Post

        These are not just bought because of PageRank. There'll be many other factors in play. (None of my hundreds of domain purchases have ever been bought purely on PageRank)
        Sorry should clarified that. There are two worlds at play, domaining and seo, in the auctions. The two don't have a whole lot to do with each other.
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  • Profile picture of the author TraderAgency
    How about DogTrainingPlans.com. It's for sale if you want it lol

    I saw DogTrainingBasics.com with bids of 10,000+ . Thanks for the tips above.
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  • Profile picture of the author TraderAgency
    I also own FacebookPromo.com and FacebookingFriends.com and FacebookPromotion.com ... Do you think any of them have value?

    FacebookPromotion.com has 1,300 searches a month as a keyword. I know that really don't make much of a difference on the domain.
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    • Profile picture of the author Jack Gordon
      Originally Posted by TraderAgency View Post

      I also own FacebookPromo.com and FacebookingFriends.com and FacebookPromotion.com ... Do you think any of them have value?

      FacebookPromotion.com has 1,300 searches a month as a keyword. I know that really don't make much of a difference on the domain.
      They are all violating FB's intellectual property, rendering them worthless. You would do well to keep them off the market and let them expire.

      As for the first three, don't hold your breath. None of them are going to sell for anything worthwhile.

      It is a tough business, unfortunately, and mediocre domains are a dime a dozen.
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  • Profile picture of the author TraderAgency
    A facebook promotion could be any promotion done on facebook. I don't see that violating any IP. Your right about it being a tough business. My hats off to you guys that do it full time and make it work.
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  • Profile picture of the author TraderAgency
    Just because you use a companies name doesn't mean your violating IP rights. If I owned the website NikeDeals.com , does that mean I'm violating Nike's IP?

    What if I owned the domain DisneySucks.com and post nothing but negative reviews all over the site. Even though I'm using the name Disney in the domain I don't think it's a IP violation.

    It would be different I registered Facebook.NYC or used their name with a different prefix. But I have to disagree with you on using a companies name in general is a violation of IP.
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    • Profile picture of the author MikeFriedman
      Originally Posted by TraderAgency View Post

      Just because you use a companies name doesn't mean your violating IP rights. If I owned the website NikeDeals.com , does that mean I'm violating Nike's IP?
      Yes. You are violating their trademark. They are within their rights to take the domain from you. They could also sue you if they chose to.

      You might want to have a conversation with a trademark attorney before you go forward with any of your ideas.
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    • Profile picture of the author MikeFriedman
      Originally Posted by TraderAgency View Post

      Just because you use a companies name doesn't mean your violating IP rights. If I owned the website NikeDeals.com , does that mean I'm violating Nike's IP?

      Funny side story... some SEO company is actually using nikedeals.com as their domain.
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      • Profile picture of the author TraderAgency
        Really? lol..... That is funny. Probably get tons of traffic
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      • Profile picture of the author TraderAgency
        I wouldn't register a company trademark. The discussion was started over the domain FacebookPromotion.com

        Which I don't feel is any IP infringement. There's alot of gray area with IP. The domain BuyNikes.com belongs to a shoe selling site. Just because they used the company name in their domain doesn't make it trademark infringement. Similar to FacebookPromotion.com

        Facebook promotion can be a any kind of promo ran on Facebook. Now if I tried to operate Facebook.Ws - That would be a problem.

        But I don't think I'm violating any IP laws with FacebookPromotion.com
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      • Profile picture of the author TraderAgency
        On another note. I wish I knew some of this back in the day when AOL came out and domains were like $200 to set up.. I would be sitting on a gold mine of one word and three letter domain names.
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  • Profile picture of the author wentzco
    Like jamesi - I also have spent massive time investing in & selling domains for the last 14-15 years. I agree with his valuation of the domains from the thread starter. You just aren't likely going to register new .com names that have any value. Some expired ones do fall thru the cracks though but generally the registrars (like GoDaddy) auction them off.

    If you have $100 to spend & want to invest in domain names then buy a pre-owned "generic" name from someone via domain name forums or some auction sites. I've made some fantastic buys as well as made some "not-so-smart" sales. DN Sale Price- Domain Name Sales Price and History (hasn't been updated for awhile) & The Year's 7th Reported 7-Figure Sale Tops This Week's Sales Chart:* DomainGuardians Gets Its Done With a 3-Letter .Com will show prices of "reported sales". Don't get yourself excited on seeing some of the sale prices because 99% of all domains likely can't be sold. I do shake my head often on seeing a name sold for several thousand dollars that I wouldn't pay $10 to register. Even having a great name doesn't mean you can sell it easy... you need patience & likely will have to wait years for a potential sale while getting frustrated getting occasional low ball offers or none at all.

    Don't register company trademarks... you are just asking for trouble & deserve it. Nike & Disney were mentioned here so I just recommend to doing a search for the keywords "WIPO" & "Disney" & "Nike". Do you want these companies coming after you?
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  • Profile picture of the author Jack Gordon
    The thing is, I am pretty sure Facebook would not feel the same way.

    It took me all of 10 seconds to find a reputable source of information on the subject for you.

    Avoid Trademark Infringement When You Choose a Domain Name | Nolo.com

    You can't practice law from your gut instinct. It just doesn't work that way.

    What you think is right is irrelevant. Listen to what others are telling you here - you are asking for trouble.
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  • Profile picture of the author TraderAgency
    Wow the guy who owned FBPromtions.com had to pay $700,000 in total damages. lol ... He probably made a fortune from redirecting traffic hence the reason FB went after him. His company had 28 infringing domains.

    Definately won't be using FacebookPromotion.com... I wasnt planning on using it anyway just selling it on the auction. But I'll just let it expire. Appreciate the reference case above.
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  • Profile picture of the author chris_87
    There was another thread pertinent to this subject a few months ago, regarding a user buying an old Kodak blog. Luckily, no charges were pressed but the owner gave up ownership of the domain.

    Feel free to read more about it here http://www.warriorforum.com/search-e...h-pr-blog.html
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