End Users Do Participate in Expiry Auctions

I want to share a nice example of an end user buyer participating in an expiry auction on NameJet. It is not a super rare occurrence as evidenced by the Gradient.com auction on GoDaddy, but I don’t think it happens all that regularly.

LifeIsAGift.com expired and went to auction at NameJet a little over a week ago, and the domain name sold for $1,018. The domain name appears to have been previously owned by someone who did professional coaching and consulting. There were 63 bids from 53 bidders in the LifeIsAGift.com auction. I was a participant in the auction, but I did not think it would be a good investment for my company at a higher level than my bid.

Results From Sedo’s 4 Letter .com Auction

Sedo hosted a 4 letter .com domain name auction that concluded yesterday. This themed auction is separate from the monthly Great Domains auction. Although the sale resulted in just over $24,000 worth of domain name sales, I think it is worth highlighting because it offers some insight into the current state of the 4L .com marketplace.

The top three LLLL.com sales in the auction were RVRR.com for $2,550, LOTB.com for $2,050, and PRCH.com for $1,605. I do not see any one word names that sold in this auction, so I suspect most would be used for their acronym value.

NamesCon Europe Auction Goes Live

It looks like the auction list for NamesCon Europe has been published on NameJet. Bidding on domain names in the upcoming conference auction has begun. Assuming the auction is run in the same way as the NamesCon Global auction in January, there will be a smaller group of domain names included in a live auction held on Thursday, June 20th.

I took a quick look through the auction page, and here are some of the notable domain names included in the auction:

Some of my GoDaddy Auction Buys

I look at most of my GoDaddy Auction buys as a means of adding inventory to my portfolio. What I mean is that I don’t typically acquire gems from GoDaddy Auctions that I plan to keep until I get the right offer. They are names I can generally buy inexpensively – from around $20/each to $2k +/-. I spend more when necessary, but the idea is that I will price the names I buy anywhere from around $1k to the low five figures, depending on the name, and then regularly sell enough of these names to make the effort worthwhile.

MakeMeaning.com Sells for $710

A couple of months ago, I wanted to check on the hours of Make Meaning, a once popular and growing children’s shop where I previously took our daughter to make custom candles. Unfortunately, my Google searching revealed that the retail chain had shut all of its locations. The company had used MakeMeaning.com for its corporate website when it was operational.

GoDaddy Auctions Message Addresses Glitch

A couple of weeks ago, I wrote about a GoDaddy Auctions glitch that occurred when a network connection was lost as the time on an auction ran down. I was able to replicate the error by turning off my Internet connection shortly after placing a bid on an auction. Here’s what I wrote about the glitch: