wot
Well-Known Member
Complete List of Indian Domain Name Sales
- Thread starter ekaln
- Start date
wot
Well-Known Member
LLL.in King
Well-Known Member
indy
.intrepreneur
The way I understand it - there is no risk when pushing to auction, as the highest bidder prior to going in auction is still on the hook for the domain, if the domain is not sold in auction. So if you get an offer on sedo and you are comfortable with the price you are receiving, there is no harm in putting the domain in auction for another 7-10 days as you may get higher offers then.
Ace
Well-Known Member
Agree, I think it sold at a fair price. And as Mitsu mentioned that monetizing the domain might be tougher than few years back.
Regarding putting the name to auction. I think its really a risky proposition. Many factors work against .in domains when putting them on auction:
(i) Lack of marketing of premium .in auctions by SEDO
(ii) Because of (i) you might just have to settle for a lower price
(iii) Since the auction runs for 7 days, the buyer might be pissed off or lose interest and eventually end up not paying if there are no bids.
I experimented with sending a name to auction in 2010. It did not receive any bid after the initial bid of 180. The buyer did not pay and SEDO revealed the name & address of the buyer. I do not think that $180 was worth pestering the buyer. Moreover the address provided by SEDO seemed wrong and even if I wanted to slap a legal notice to the buyer, it would end up nowhere. Moral of the story, I avoid sending the name to auction, unless I'm pretty confident that I'll get a lot from that domain (assuming the buyer will pay). BTW I ended up selling the name (which the buyer did not buy at $180) for $1,099 recently.Once the sale completes, I'll reveal the name.
Would love to hear what others think about putting the name on auction?
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the_poet
Well-Known Member
Usually, when I receive an offer on Sedo, I try to negotiate the best price I can and if I'm OK with it, I push it to auction. That way the domain has already met my 'personal reserve price' and if I'm lucky, I'll get even an even higher final price. In specific cases, if I see a particular buyer is very interested in the domain, I tell them I won't start an auction if they make the right offer and, if they agree, of course I'll stay true to my word.
LLL.in King
Well-Known Member
There is a risk, because if you push the name initially at a low price, like email.in did, then if no one agrees to pay for the name after the auction, the seller still has to settle for that initial low price. But if you do it how the_poet does it with pushing to auction at a satisfactory price after offer/counter offers then thats fine.Remember that email.in was pushed to auction at $500 so thats not a good price to "end up" with if you're the seller.
Ace- You're analysis is quite good. .In hasnt been supported as well as it deserves to by some major players in the industry.
the_poet
Well-Known Member
Absolutely! And it really baffles me, because domainers love to talk about how big or small the related market is when they appraise a domain or a TLD, yet they ignore that .IN is the ccTLD with the world's third largest user base (240 million and rapidly growing).
the_poet
Well-Known Member
The funny thing is that .IN buyers are using this lack of promotion as an argument in negotiations. Among others, a few months ago I received a $100 offer on OnlineDating.in. I countered $5,000 and they replied: "You must be crazy, .IN is dead, even the worst of the newgTLDs will be more popular in a year or two". Yes, .IN is the worst extension out there, but he's still buying it... LOL 
wot
Well-Known Member
Sedo auctions and .in / .co.in do not go well together.
Some of you may remember I did such an auction with some very good names. Cost me a lot of time and money to set it up and it was generally a disaster.
Despite my paying quite a large sum for the privilege of using their platform their support was almost zero, no advertising whatsoever. Even to the extent their home page was advertising a .me auction that had finished one week before the .in/ .co.in auction! The .me advertising continued throughout my auction and despite my protestations nothing was done!
Absolute waste of time unless you are a new registrar trying to flog off their third rate new gtlds and obviously paying handsomely for the privilege.
Some of you may remember I did such an auction with some very good names. Cost me a lot of time and money to set it up and it was generally a disaster.
Despite my paying quite a large sum for the privilege of using their platform their support was almost zero, no advertising whatsoever. Even to the extent their home page was advertising a .me auction that had finished one week before the .in/ .co.in auction! The .me advertising continued throughout my auction and despite my protestations nothing was done!
Absolute waste of time unless you are a new registrar trying to flog off their third rate new gtlds and obviously paying handsomely for the privilege.
indy
.intrepreneur
LLL.in King
Well-Known Member
Hem = fantastic sale.
Go llls
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Go llls
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