For Sale JJD.net and other .nets

[lawpsych]

Hi, friends,

As a staunch supporter of the .com sites, I am constantly amazed at the amounts that some of the .net and .org sites seem to bring, even causing what appears to be heavy competition to grab these names. I understand that JJD.net had a Namewinner bid of between $550 and $600, and I have read (in this thread) of other of the .net sites bringing in thousands of dollars in bids.

Can some of you more experienced sellers help me to understand the intense interest in the .net and .org names, as well as how one might go about marketing a .net site? I own a couple of .net sites that I picked up for one reason or another, but when it comes to figuring out how to locate potential buyers, I find myself stuck.

I'm also curious to know about the few sites I have picked up from Namewinner. Knowing that others have bid on these names, I wonder if there is any way to know who else might have bid on these names (and might, therefore, be interested in them). Is finding out this information basically a "hit or miss" proposition?

Thanks for entertaining what will probably seem to be a couple of VERY basic questions, but I don't know who else to ask. I hope that you will have patience with those of us who are still in the process of learning how this business works.

Thanks again!

Best regards,
Sheila

 

[HeavyLifting]

namewinner bidders are now officially insane. surpassing end user prices in many cases. i tend to stay away from it these days. it ends up being a waste of time. plus, they aren't grabbing as many as they used to.

 

[lawpsych]

Dear Android,

Thanks so much for replying. I was beginning to think that my questions were either too basic or too stupid for anyone to respond to, even though I really did and do find myself a bit baffled by some of the sites that attract tremendous bids (and I was not meaning to single out the one I mentioned in the title of my message, but rather to try to get a better hold on a part of the domain market that I do not understand).

I particularly appreciate the humor in your post ... a smile or two can really turn my day around. Thanks for your terrific sense of humor. And thanks for getting my attention so that I visited your site and saw all of the terrific aviation names that you have. Just reading the names brought back some absolutely wonderful memories of my learning to fly a little plane about 12 years ago. It appears that you and I share an interest in aviation (and lists of domain names to prove it). YOu made me want to go out and dance in the clouds once again. Thanks so much!

Warmest regards,
Sheila

 

[Bob]

Originally posted by lawpsych
Hi, friends,

Yo!

Originally posted by lawpsych
Can some of you more experienced sellers help me to understand the intense interest in the .net and .org names

Here is why (IMHO) there is intense competition for .NET and .ORG.

We all know .COM is king. You would find ver few people who would dispute that. We all know that all the good .coms are were taken long ago. Since everybody wants a website (it is trendy to have a website), and .COM is king, everybody wants a .com. This leads to a LOT of mediocre and marginal .COM names being registered (For example, look at the quality of .COM names you see on the reseller market - Pretty shabby). Since people wanted a .COM, they were forced to register longer names. This can only go on so long.

Website owners are now thinking "What can I do besides get "MomAndPaCornerCameraShop123.com" for my website? The answer - they turn to alternative TLDs.

Here is where speculation comes in.

Some people think it will be .US, some people think .BIZ, some thing .NET, some people think .(add your favorite non .com TLD here).

The general public has been exposed to .COM, .NET, and .ORG for a long time. The general public is not afraid of a .NET or a .ORG web address. The big speculators (and now small ones) have finally realized that there has to be something after .COM. People are flocking to .NET and .ORG as alternatives.

[ hardcode opinions here-----> ]
I realized this over 2 years ago. I silently started to accumulate one word .NET and .ORG names. People thought I was nuts. While they were chasing the "MomAndPaCornerCameraShop123.com" names, I was picking up nice one word .NET and .ORG names. The popularity contest over the last year has been interesting. Twelve months ago, .NET had the clear lead. I started to dump my one word .ORGs. However, about 6 months ago, there was a HUGE surge in .ORG names. I stopped dumping my one word .ORG names and went back into a holding pattern. I sell more .ORGs now than .NET.

[ / hardcore opinion ]

The interest waffles between the two and there is no clear-cut winner as of yet. However, as you point out, there are some interesting observations to me made:

The reseller prices are skyrocketing for both .NET and .ORG names. Look at recent threads here about Sheds.net, Cabin.net, Mirror.net. Twelve to eighteen months ago, you could have had any one og these names for about $100.

If you look at who is acquiring these names, you will see BD, ULT, and other major players landing nice .NET and .ORG names. They realize the inevitable - people are going to move to alternate TLDs rather than .COM. WHat does this mean? Well, the bog players usually have the foresight and set the market pace. With the big players scooping up the good .NET and .ORG names, the crowd then gets herd mentality and follow in their footsteps, thus driving up prices more.

Bottom line, I think if you have good one word .NETs and .ORGs, I think in the long run, you will be in for a nice surprise.

Originally posted by lawpsych
Thanks again!

Best regards,
Sheila

Welcome. Always willing to share my opinion...

Interestingly enough, I told people my opinion a year ago and nobody believed me about the one word .NETs and .ORGs. No sweat though

 

[Ed30]

Originally posted by Bob



We all know .COM is king. You would find ver few people who would dispute that. We all know that all the good .coms are were taken long ago. Since everybody wants a website (it is trendy to have a website), and .COM is king, everybody wants a .com. This leads to a LOT of mediocre and marginal .COM names being registered (For example, look at the quality of .COM names you see on the reseller market - Pretty shabby). Since people wanted a .COM, they were forced to register longer names. This can only go on so long.

Website owners are now thinking "What can I do besides get "MomAndPaCornerCameraShop123.com" for my website? The answer - they turn to alternative TLDs.

Here is where speculation comes in.

Some people think it will be .US, some people think .BIZ, some thing .NET, some people think .(add your favorite non .com TLD here).

The general public has been exposed to .COM, .NET, and .ORG for a long time. The general public is not afraid of a .NET or a .ORG web address. The big speculators (and now small ones) have finally realized that there has to be something after .COM. People are flocking to .NET and .ORG as alternatives.

The interest waffles between the two and there is no clear-cut winner as of yet. However, as you point out, there are some interesting observations to me made:

The reseller prices are skyrocketing for both .NET and .ORG names. Look at recent threads here about Sheds.net, Cabin.net, Mirror.net. Twelve to eighteen months ago, you could have had any one og these names for about $100.

If you look at who is acquiring these names, you will see BD, ULT, and other major players landing nice .NET and .ORG names. They realize the inevitable - people are going to move to alternate TLDs rather than .COM. WHat does this mean? Well, the bog players usually have the foresight and set the market pace. With the big players scooping up the good .NET and .ORG names, the crowd then gets herd mentality and follow in their footsteps, thus driving up prices more.

Bottom line, I think if you have good one word .NETs and .ORGs, I think in the long run, you will be in for a nice surprise.

Agreed. Over the past few months my main area of activity has been one word orgs. I admit I was a bandwagon jumper. I watched what members like Bob, Duke, Beachie and Namepopper were up to and saw that it made sense.
You can compare .net and .org ( and to a lesser extend .info and .us) extensions to art and antiques. Sometimes certain artists are out of favour, there maybe a period in time where the market for bronze statuettes is in a slump, but if you have a great piece or a great name I believe in the long run you can't go wrong. If the market for orgs, for example, suddenly slumps it wouldn't bother me - it would just mean I could pick up more domains, but at cheaper prices. Over the long term, market fluctuations are not important.

 

[Steen]

Very Interesting..

 

[actnow]

On a long term bases, being a contrarian is more profitable then following the crowd.

 

[Bob]

Originally posted by actnow
On a long term bases, being a contrarian is more profitable then following the crowd.

Exactly...

Not only being a contrarian, I am VERY patient. I am willing to wait 2, 3, 4, 5, even 10 years to sell a good domain name. If you look at the big picture, if you wait 10 years, that is an extra $70 in renewal fees. $70 is peanuts compared to what an end-user will pay.

Just my $0.04 (adjusted for 10 years of inflation).

-Bob

 

[Attilio]

I can see all your points about .net and .org, the only thing that surprise me is that if you put same or better quality .net or .org domains for sale here or everywher else, even at lower prices, it is not easy to close a sale while if they are dropping it seems people is willing to pay more.

 

[Bob]

One of the mentalities I have yet to understand is people will not pay $50 to a reseller for name around expiration, but yet they will pay $800 to a service tocatchit on the drop? What gives?

I see this happen all the time.

-Bob

 

[lawpsych]

I think I understand the dynamics of that process. What I have observed is the following set of dynamics:

I think that the operative factor is that some people get caught up in the thrill of the chase and the excitement of "winning" the domain name, along with the public bragging rights that accompany it. If the outcome is "successful," that person feels like a winner and may even get a kick out of gloating over those who did NOT get that site.

In contrast, for some buyers, there is little "fun" associated with purchasing that same domain name on this site. In that case, no matter how little some people pay for a name, they try to negotiate paying even less than that amount. The end result is that when that same person is "successful" in acquiring a cherished name, no matter how cheaply, he may wonder if the seller would have been willing to take even less for the name. In this case, there is no sweet feeling of victory involved in grabbing the name, and in most cases the details of the transaction remain relatively private, depriving the buyer from even the thrill of having others know about the details of the "win". In addition, the non-winning bidders can to win the domain or for just not being lucky enough to have done so.

As Tucker, my miracle kitty has observed, those "human bean" types certainly act strangely at times!!


Sheila (and her 2-member kitty brigade)