When I am honing in on domain names to purchase at NameJet, I like to do a bit of research on their history. I use FreshDrop and DomainTools as my primary sources of information to learn more about these domain names.
One way I determine end user value is to try and figure out why the domain name expired. There’s a difference between a domain name
We had a domain investor meet up in Boston last night, and the turnout was excellent. There were in the ballpark (pun intended) of 40 people in attendance, including attendees from several states and attendees from Canada and Germany!
I want to give a special thank you to Afternic and NameJet for sponsoring the event, allowing proceeds to be donated to the One Fund Boston. Karen Dixon planned the pre-party at Game On, which was paid for by Afternic, and Matt Overman was helpful in taking care of the Red Sox tickets, which were bought by NameJet.
All in all, it was a fun evening, and I was able to connect with many people I haven’t met before.Thanks to everyone who turned out for a fun event in Boston.
I will keep you posted on when we’ll do another event in or around Boston.
Every once in a while, I think of a tool I think would be helpful to my business. I don’t have any type of computer programming background, so instead of spinning my wheels and throwing money at something I wouldn’t be able to adequately tackle, I figured I’d write a blog post about it and maybe someone will create it.
Every domain name that goes to auction, whether expiring auction at NameJet or private auction at TRAFFIC, has many unique attributes. There is extension, keywords, length, inbound links, Google results, keyword search numbers, pagerank, number of other extensions registered, how the domain name was used previously…etc.
All domain names probably have dozens of unique attributes that can be identified, and each attribute plays an important role in the domain name’s valuation.
I would love to have a tool that uses an algorithm to predict the closing price of a domain auction before the auction begins. With thousands of auctions occurring daily across many platforms, there is plenty of data that can be used to predict the sale price. I think it would be a great add on to a tool like FreshDrop, and it could even be a Firefox or Chrome extension that could be enabled on the auction platforms, allowing me to sort by predicted closing price.
This tool is different than automated appraisal tools like Estibot because it would actually predict closing prices rather than value. In addition to a domain name’s attributes, the tool would also take the auction conditions into account as best as possible. For instance, it would be able to use the auction’s start time, venue, number of backorders, high bid prior to auction, and other factors into account when predicting the closing price. With each auction that the algorithm records, it would be able to self adjust for more accuracy.
Do you think a tool like this would be helpful, and would you pay for something like this? How would you go about getting something like this built?
As much as I would like to welcome walk-ins for the Boston domain investor meetup on Tuesday, June 25, it’s not going to be permitted because of the location. Today is the last day you will be able to reserve your ticket to the meet up. There are about 5 tickets remaining out of 50 total tickets.
NameJet and Afternic are sponsoring the meetup, with proceeds benefiting The One Fund, helping Boston Marathon bombing victims. Afternic is sponsoring a happy hour at Game On at 5pm. NameJet is sponsoring tickets to the Red Sox game at 7pm (against the Colorado Rockies). We’ll be in a great standing room section in the Pavilion area, making it easy to have conversations while watching the game.
People who wish to attend the meetup must donate $30 to The One Fund. Email me a copy of your receipt to confirm payment and your place on the list.
If you can’t send your donation today but you do want to attend, please let me know ASAP. It’s going to be a fun night in Boston, and I am looking forward to meeting you there.
