Domain Names Not Strong Auction Items

Related Categories

Related Links

Tell a friend

Enter your Email and a friends Email, then click the send button, and we will send them an Email with a link to this Article.

Informative Articles

List of all Articles in Auctions
Here you can browse through a list of all the article titles in this category, or maybe search for an article that you have seen before and want to read again. If you can't find what you're looking for here then why not try our related categories section.

5 Questions that On-Line Auctions Sellers Wish You Wouldn't Ask
Buyers should be able to ask any seller this set of difficult questions to help determine whether a transaction will be fun or painful. On-line buying and bidding can be a lot of fun when all is going well. But if you’re getting ready to part...

Ebay Auction Tips
Buying things in an auction is the most affordable way to obtain the item a person wishes to have. That is why even the Internet had provided such sites like eBay in order to provide more affordable items than what the typical market has to...

eBay Thieves Make Auctions Tougher
The online auction world was shocked by the biggest eBay fraud in its seven year history. What made it even more astonishing is the fact that the crooked seller has a five history of successful sales on eBay, accompanied by thousands of glowing...

Property Auctions - Grab Your Dream UK Home On The Cheap
**You are free to reprint this article free of charge as long as you include the resource box at the end. Did you know that every year thousands of UK properties are sold at significantly below market value? The majority of these properties are...

Real Estate Auction Action - Buying A Home At Auction
Due in part to the popularity of the U. S. Department of Housing and Urban Development (HUD)'s home auction program, more potential homebuyers than ever are buying homes at auction. Homes for auction aren't limited to just HUD, however. Many...

Domain Names Not Strong Auction Items

Selling a domain name at an online auction can be lucrative - but many sellers completely misjudge the market and truly live in Fantasy Land. For instance, take a look at this auction of 14 domain names (StemCellLines.net, StemCellLines.org, StemCellColonies.com, StemCellColonies.net, StemCellColonies.org, StemCellMart.com, StemCellMart.net, StemCellMart.org, StemCellResearching.com, StemCellResearching.org, StemCellResearching.net, StemCellStore.com, StemCellStore.net, StemCellStore.org). The auction supposedly includes "website research info" - but the listing doesn't even mention what this is, so we can' evaluate the offering. But a price of $25 million. There were no takers at all for this silly offer.

Here are other inflated domain name auctions:

* Names: Devilthinking.com/net/org and Devilthought.com/net/org. Asking price: $1 million.
This seller tried to take advantage of headline atrocities (such as a recent beheading of an American soldier in Iraq) to justify his asking price

* Names:www.UN.TV; www.UnitedNations.TV; and the phone number: 1(800) WWW.UN.TV.
Asking price: $5 million.

* Names: TeenExtremeScore.com, TeenScore.com, TeenForYou.com. Asking price: $2 million.

* Names: praisegod.tv. Asking price: $1,300,000. This listing was strangely written ...

"PRAISEGOD.TV IS A DOMAIN NAME****WWW.PRAISE GOD . TV ***IS A DOMAIN NAME***IT IS A GREAT DOMAIN NAME***IT CAN UNITE MULTITUDES OF PEOPLE***IT IS UNIVERSAL***IT IS WORLDLY****IT REACHES THE MASSES***IT IS A TWO WORD DOMAIN NAME***IT IS EASY TO REMEMBER***BROADCAST YOUR MESSAGE***PRAISE GOD.TV HAS THE ABILITY TO DRAW MIRIADS OF PEOPLE***TAKE THIS DOMAIN NAME TO ITS' HIGEST POTENTIAL***ADVERTISE IT ON TV, ON THE RADIO, ON THE INTERNET, IN THE NEIGHBORHOOD, IN THE VILLAGE , IN THE TOWN, IN THE CITY, IN THE METROPOLIS.*** PRAISE GOD. TV IS FANTASTIC.***PRAISEGOD.TV IS A DOMAIN NAME ***DEVELOP YOUR OWN WEBSITE ,SEND A MESSAGE AND AWAIT YOUR REWARDS. WWW.PRAISEGOD.TV"

Clearly, these sellers are domain name speculators - buying up domains at low prices in the hopes of reselling them for inflated ones. But does this mean there is no market for domain names at online auctions? Not at al. There are some legitimate and reasonable sales:

* CDZ.com and CDZ.org. received 23 bids for a total of $2,026, although the seller was not content with this price and wanted more money.

* Radiolite.com Ahnu.com sold for $53.02.

* 888Cars.com, along with 8 other names sold for $51.

Most of the domain name sales on eBay did not complete because the sellers didn't receive the price they expected.

Selling a domain name at an auction online is not an especially strong area. There were only three pages of listings at the this time, and almost none of them sold. The 'get-rich-quick selling domain names' plan is definitely a flop on eBay. Sellers would do well to concentrate on other areas.

About the Author

Sydney Johnston, the AUCTION QUEEN, was one of the original sellers on eBay and has been selling on eBay since the winter of 1996. She is the originator and teacher of the famous Auction Genius Course, a powerful 16 hour multi media seminar on the Internet that teaches her students how to sell on ebay.