Thread: Success.co.in

My guess is this sale will hurt .co.in and .in. Bido is a business. They make money on commissions on sales. They keep 10%. On a sale of $292, their earnings won't buy coffee for the sales staff. If they have only one sale a day, they're unlikely to give a $29 profit a chance to redeem itself. Don't look for Bido to sell another Indian domain for at least another year.

I thought the sale would be healthier. I assumed Bido appeals to a close claque of friends who bail each other out by buying anything anyone puts up for sale. It looks as if that assumption is wrong. No one came into this auction riding a white horse to rescue this maiden.

^^^
That means less liquidity in the market

Bear in mid that this is one man's opinion. You may not think so, but I have actually been wrong on occasion. Not often, but...

Originally Posted by newyorkdude

My guess is this sale will hurt .co.in and .in. Bido is a business. They make money on commissions on sales. They keep 10%. On a sale of $292, their earnings won't buy coffee for the sales staff. If they have only one sale a day, they're unlikely to give a $29 profit a chance to redeem itself. Don't look for Bido to sell another Indian domain for at least another year.

I thought the sale would be healthier. I assumed Bido appeals to a close claque of friends who bail each other out by buying anything anyone puts up for sale. It looks as if that assumption is wrong. No one came into this auction riding a white horse to rescue this maiden.

I agree. It definitely can't help having sold for so little.

I believe I heard somewhere that there was another Indian domain coming up at bido(don't quote me on this)

Lets just hope the next public .co.in sale goes big.

I didn't bid (having never done this before) thinking the price would be high. I put down an offer to buy it for $300 from the auction winner.

Wild. I put Spirit.co.in on all the forums last month for a minimum bid of less than what Success went for.
I think most would agree that by all accounts Spirit is "better" or at the VERY least equal. It's got more searches per month, more brandable and memorable, more obvious existing end users, more everything IMO.
I didn't get a bid on it or even a lowball offer from anywhere during that time. You just never know what people like at any given time. Or maybe just no one felt like buying from me
I think the fact Bido chose "success" to be on their site somehow gave it some undeserved prestige and high expectations. I guess I'm in the minority here but I honestly wouldn't have paid $50 for 'success'. I just don't see a big end user ready to come running for the domain. The .IN would have been another story. ccTLD's have to be amazing, this one wasn't amazing

was pleasently surprised at success.co.in @bido.

At T.R.A.F.F.I.C. silicon valley santa clara (hotel marriot for live bidding)
there are again some .in names(not .co.in!)
bizzare.in

autoaccident.in

healthinsuranceplan.in

now this will be keenly watched i guess .is success a lull before the storm or is it the harbinger of things
auction software download before online bidding 3days prior to auction start.

Bizzare is right! These were accepted into a TRAFFIC auction? I'll go ahead and predict reserve not met (if there is a reserve) or "pass" on all 3.
I could see healthinsurance.in being accepted, or auto.in, but those? They either need better submissions or a better guy deciding what goes in.
I hope these sell though. Like everyone, I want good things for .IN. And I think a nice $XXXXX sale at a high profile auction on an awesome .IN name is what we want. That will lift the value of all .IN, but these names don't seem to have that potential.

Hmmmmmm. Seems to me that if someone wanted to undermine the .in ccTLD they couldn't do better than to pick bizarre.in autoaccident.in and healthinsuranceplan.in to auction. These are three outstandingly dreadful choices. Maybe they were chosen by an undercover Naxalite.

autoaccident.in ? I can't think of any end use for that at all.
Terrible pick