When looking through the just released Moniker live auction list, the most important thing I am looking to find are domain names that I can use commercially. When buying at auction, I assume the domain name’s sale price is far greater than any potential PPC revenue I could ever earn, and I also assume that since the sale price is public, it would be difficult to re-sell the name in the short term at a profit. As a result, the only time I personally would buy at an auction is if I plan to develop the domain name.
At this point in my career, I am now looking to buy domain names that I can develop and build into another website/business, so that’s what I am looking for on auction. I haven’t spent much time reviewing the list yet, so I don’t know if I will bid, but I am going to take some time this weekend to look. When you have a chance, check out the TRAFFIC Auction list (via TheDomains.com blog).
These names are too over priced. They make you sit there while they don’t meet the minimum- by the end less then 50 people standing- just too boring and what’s the point of watching Kevin Ham out bid you?
Why not just state the minimum and ask if there’s any interest before the auction starts?
Prolly the last Traffic any way now that Moniker is part of Oversee/Domainfest and TrafficZ owns Domain Roundtable. Bet those two will merge. There’s no market here for one let alone many. Unless they get some professionals in auctioning and treat these like other high assets re auctioned with catalogs and alerts to bigger buyers.
Traffic ought to go out with a bang and make history with the sales number rather then being so high and mighty with the crazy reserves.
Would also help if they did a little more effort to earn their commissions rather the just list them 2 weeks before?
I like what you do Elliot– you give details about the city size, potential- they just tell you it’s a generic and the reserve is $100-500K.
Wake up Moniker/Oversee or whomever you are today– it’s 2008 and no end-user wants domains at these prices, ppc even before is impeding death could never justify these prices.
I will