ebiz4india
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Sedo Set to Introduce a New "Price Suggestion Tool" for Domain Sellers - Can Automated Appraisals Be Taken Seriously?
Sedo is about to unveil a new Price Suggestion Tool aimed at providing domain owners with some guidance on how high they should price their domains on the popular aftermarket sales
site. Sedo has been beta testing an iteration of the feature that had been labeled Auto Appraisal Tool. In a newsletter sent to clients this afternoon they said the new name for the public rollout in August (the exact date has not been set) will be Price Suggestion Tool.
Incorporating the word "suggestion" in the title is a good idea. It will be up to the user to decide to go with something near the suggested price or come up with their own number. I haven't seen Sedo's tool yet but to this point in time I have never seen an auto appraisal tool that didn't frequently produce wildly off the mark results. Some may make entertaining parlor games but I haven't seen much value beyond that, especially since some novices take even laughable results seriously.
Source:
Sedo Set to Introduce a New "Price Suggestion Tool" for Domain Sellers - Can Automated Appraisals Be Taken Seriously?
Sedo is about to unveil a new Price Suggestion Tool aimed at providing domain owners with some guidance on how high they should price their domains on the popular aftermarket sales
site. Sedo has been beta testing an iteration of the feature that had been labeled Auto Appraisal Tool. In a newsletter sent to clients this afternoon they said the new name for the public rollout in August (the exact date has not been set) will be Price Suggestion Tool.
Incorporating the word "suggestion" in the title is a good idea. It will be up to the user to decide to go with something near the suggested price or come up with their own number. I haven't seen Sedo's tool yet but to this point in time I have never seen an auto appraisal tool that didn't frequently produce wildly off the mark results. Some may make entertaining parlor games but I haven't seen much value beyond that, especially since some novices take even laughable results seriously.
Source:
Sedo Set to Introduce a New "Price Suggestion Tool" for Domain Sellers - Can Automated Appraisals Be Taken Seriously?
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