Poll: 8.Club vs. 1.XYZ

Elliot Silver
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There are two new gTLD domain name auctions on the horizon, and both auctions have at least one domain name that is likely to draw significant bidding interest. I am curious about which you think will sell for more money.

Later on this month, 4.cn will be hosting an auction featuring .Club domain names. All of the auction lots are two number .Club domain names, with the exception of one: 8.Club. It seems like .Club domain names have been selling quite well to Chinese domain investors, and 8 seems to be their favorite character.

Also later on this month, West.cn will be hosting an auction featuring .XYZ domain names. .XYZ domain names have also been selling very well to Chinese buyers. The headlining domain name in this upcoming auction is 1.XYZ.

In the poll below, vote which domain name will sell for more money:

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4.CN to Host No Reserve Numeric .Club Auction

Elliot Silver
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According to a press release I received this morning, 4.cn, a Chinese domain name auction platform and marketplace, will host an auction exclusively for .Club domain names. Jeff Sass, Chief Marketing Officer of .Club told me that “this is the first time 4.cn has held an auction for a single new domain extension exclusively.”

The auction contains 25 .Club domain names. All but one of the domain names are NN.Club (2 number) domain names. The one exception is 8.Club. The auctions will all be available for bidding via 4.cn on March 7, and they will close between March 21-24. You can have a look at the inventory on the .Club registry website since they are not yet listed on 4.cn.

I was told that there are no reserve prices, so the domain names will sell to the highest bidder. In addition,  “these are all offered by the registry,” Jeff told me.  I am not sure what the opening bid will be, but Jeff believes that it is the minimum 4.cn auction bid. He will let me know when he finds out for certain.

To date, the .Club domain name extension has become  one of the best selling new gTLD extensions. I believe much of their success has come as a result of Chinese registrations. Some registrars have been offering .Club domain name registrations at just a dollar or two, which I believe has contributed to its growth. .Club currently sits in the #5 spot for most registered new gTLD domain names. nTLDStats.com reports that there are over 720,000 registered .Club domain names.

Here is the press release I received this morning:

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GoDaddy “Valuations” Are Laughable

Elliot Silver
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I just saw a tweet from the GoDaddy Auctions account promoting the upcoming auction for the three letter WOA.com domain name:

I retweeted the link and visited the auction page to get some more details. The thing that stands  out to me the most is the “valuation” field. Three letter .com domain names have been selling for thousands of dollars for many years. I highly doubt you could buy any LLL.com domain name for less than 5 figures today, and if you can, there are probably issues with it. In fact, back in November, Mike Berkens wrote “I’m calling the wholesale value of Chinese LLL.com to be around $50K.” WOA.com is not a “Chinese LLL.com” but it is worth 5 figures in today’s market.

So what is so jarring about GoDaddy’s valuation? According to the auction page, the valuation of WOA.com is

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Unsold NamesCon Auction Names Back on NameJet

Elliot Silver
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I received an email from NameJet’s Scott Pruitt announcing that many of the most valuable domain names that did not sell during the Right of the Dot NamesCon auction will be listed for sale again on NameJet. These re-auction names can be found on this page on NameJet’s website.

All of the domain names in this auction have reserve prices. I am not sure if any of the reserve prices were lowered following the auction, but I would not be surprised if that were the case in order to close a deal.

Listed below are the domain names that are

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How I Let Prospects Know About NameJet Auctions

Elliot Silver
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For a while now, I have been periodically auctioning domain names on NameJet. I like the reach of the platform in the domain investment space as well as the ability for people outside the domain business to participate. I want to share some advice about how I let end user prospects know about my NameJet auctions in case you have your own auctions.

The first thing I did was go through my leads to find prospective buyers of domain names that were up for auction. I looked through the leads generated  via the DomainNameSales.com platform as well as the leads generated through my own landing pages. I went through each lead individually to determine which were viable and which were either junk or people I did not feel were qualified to participate.

With the viable leads in hand, I crafted an email to explain that the domain name they had an interest in buying at one point was going to auction. Because they were likely unfamiliar with NameJet, I included the following details to help them learn about the auction and NameJet:

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SnapNames Hosting Numeric Domain Auction

Elliot Silver
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I just learned that SnapNames is hosting a numeric domain auction. SnapNames has internally dubbed the auction “Notable Numbers,” as it presently contains all 6 number .com (6N.com)  domain names. There are no reserves on any of the names that are currently listed in auction. A few of the domain names have patterns such as 131717.com. The auction closes on February 25th at 3:15pm ET.

The timing of the auction is interesting. Chinese domain name investors seem to be the biggest buyers of numeric domain names. From what I have been observing, the market for Chinese-focused domain names has been

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