Sedo Holding “Premium .CM Auction”

Elliot Silver
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Sedo has been running a “Premium .CM Auction,” and it ends in a couple of hours. There are over 200 .CM domain names listed for sale at auction, and there are many good keywords up for auction.

As you might recall, .CM is the ccTLD (country code) for the African nation of Cameroon. Journalist Paul Sloan wrote an article that discussed .CM domain names and their connection with Kevin Ham in a 2007 article in Business 2.0 magazine (now found on CNN Money). The article spawned quite a bit of discussion about the domain industry.

All auctions have reserve prices under $1,000. At the present time, just 16 of the 207 auctions have bids on them. I did a quick Whois search on several of these domain names, and the names I checked had privacy enabled, so I don’t know who is selling them.

 

Update: Rallying Cry “Boston Strong” Domain Name Listed for Sale on Go Daddy

Elliot Silver
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1

Boston Strong

Since the Boston Marathon tragedy, the term “Boston Strong” has been the unofficial rallying cry for those showing support for the city of Boston and everyone touched by the bombings. The Red Sox had a Boston Strong uniform in their dugout last night, and a variety of Boston Strong shirts are showing up for sale.

BostonStrong.com is a domain name that has been registered to a Vermont resident since November of 2012. It appears that this person also registered other extensions of this domain name this week, including the .net, .org, and others. BostonStrong.com forwards to Brick-Skins.com.

When doing a Whois lookup on the domain name, I saw that

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How to Promote a Domain Auction

Elliot Silver
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Let’s say you are selling a domain name at auction and want to make sure it receives maximum attention from the best potential buyer(s). I want to share some tips on how to let people know that your domain name is up for auction. Not that it matters all that much, but I didn’t do this when I had my own auctions at NameJet, and I regret it.

The first thing you should do is perform a Google search for the keyword or keyterm pertaining to the domain name. Much like you would do if you are selling a domain name in private, you’ll want to contact potential buyers to  gauge  their interest.

When contacting buyers, I personally wouldn’t include a link to the auction in an email. While this might not make all that much sense, it’s probably best to find out if the buyer is interested first because you’ll most likely need to educate them on the auction process. I would send an email telling them that the domain name is for sale, and they should reply if they are interested and want more info. If the domain name is good (or better) and relevant to their business, they will reply.

In your reply email to them, give them all of the auction details. Mention

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Update: MD.org Hits $500k on NameJet

Elliot Silver
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The NameJet auction for the MD.org domain name has surpassed half a million dollars, and it is continuing as I write this (each bid adds an additional four minutes to the auction). The auction has met its reserve price, and it will sell to the highest bidder. The auction is a private auction, so only bidders who placed a backorder can participate.

As of the time of this posting, the current high bid is $506,600, with the bidder handle “freedotcom” leading the auction. The underbidder in this auction goes by userid “winters.” Assuming the leading bidder is someone associated with the Free.com domain name, it’s almost certain they are legit. I also recognize the second place bidder’s nickname, and that person is also a legitimate buyer.

Assuming the MD.org sale is completed, it will be

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Forms.com Domain Name Broker: “Ebay Won’t Raise Seller Limits”

Elliot Silver
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I read a Letter to the Editor in Ecommerce Bytes concerning eBay’s apparent refusal to raise a seller’s limits on an auction for a domain name. The letter was written by Scott Newman, who is the broker of record for the Forms.com domain name, according to a press release in February.

Here’s what Scott had to say about eBay in the letter:

“I sell fairly expensive items on eBay, both for myself and as a consignment dealer. eBay declined my request to raise my limit from 2 million to 7 million. I need the 7 million limit to sell the premium domain name, ‘Forms.com’.”

It’s interesting that Mr. Newman wasn’t able to have the limit lifted by eBay. If you have a look at domain name auctions on eBay right now, there are more than 50

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Contest Results for My NameJet Auctions

Elliot Silver
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I held a contest to see who could guess the value order for my seven domain names I had up for auction this week on NameJet. Unfortunately, not one person guessed that PortStLucieRealEstate.com would be the highest valued sale, so nobody won the $200 contest.

The auctions didn’t do as well as I hoped, but as with all no reserve auctions, it can be a bit of a gamble. In retrospect, I should have practiced what I preach and reached out to end users about the auctions. Stupidly, I turned down a higher offer for one of the names in January, and I didn’t contact that person to let him know about the auction. Pure laziness and I lost out on a couple grand in profit. Live and learn.

Ultimately, I came out about even, with some profitable deals and a couple of losses. I think the buyers grabbed decent names at good prices, and hopefully, they will make money on their investments.

Here are the results of the auctions:

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