For Sale NameWinner sniping

[actnow]

I sent this email this morning.
I hope it doesn't offend any forum members.

I would like to hear other members opinion pro and con.

Thanks,


Re: VacuumBag.com
Registrant:
Name Administration Inc.
Box 10518 A.P.O.
Grand Cayman, GC 0000
KY

Dear Name Admin,

I just wanted you to know. My fingers and software are just as quick as yours.

And, my "pockets" are just as deep as yours.

And, I also own thousands of names.

But, I will not let you or anyone else "snipe" me on a domain name.

I would have let you have the name at $ 28. But, when you sniped at the last minute. I will not let you win without a fight. What did it cost you - $ 200.?

I don't snipe. But, I do re-act. And, my credit limit at NW is
in the mid 5 figures. Probably just like yours.

If you want to debate this further. You can probably find me on
the domain name forum.

Up to now, I have been letting you win. But, in the future it will
cost you to snipe me - big time!

Now, you can connect a name to my action.


Best regards,

Richard Meyer

PS. My office is connected by t-1 and my computer bidding software will win by mil-a-seconds. So, if you snipe me. I have set the software to snipe back only names that snipe me!!!

 

[GeorgeK]

If you really wanted the name, just raise your reserve. Clearly, Name Administration is a sophisticated player, and wanted the name more than you did (by bidding higher). Why are they at fault in any way, for outbidding you? (and you can be sure their bids are real)

 

[clemzonguy]

Could just as easily be buydomains after that name.

 

[Momentum]

What do you mean by "sniping"? Bidding in the last minute at NW?

I thought everyone did that, which is why their servers used to crash at the deadline back when they started.

 

[Luc]

Sniping is part of the game and every intelligent person realizes
that it's the only way to compete and save some serious money.

If you're not sniping, then you're either overpaying, or not
getting names at all.

I don't understand why people have a problem with this. Wouldn't
it make sense to pay less for a domain that 30 other people are
gunning after using the SAME service by sniping at the last
possible minute?

Consider how much the name would go for if half the people
interested wouldn't wait until the last minute to bid. $500?
$1,200. Compare it to eBay and buying a new flat panel
LCD. If the auction is at $6.00 with 5 days left and 3 bids
wouldn't you wait until the 5th day to place your absolute
maximum bid? Is this why eBay introduced the "Watch this
auction" feature. Yes!

Every auction system has snipers.

Learn to compete or get out of the business. Complaining won't
solve anything.

Best of luck,
Luc L.

 

[Larry]

actnow, what exactly is your point? You got sniped on a bid and you're irritated?

That's part of the game so I guess I'm not clear on why you would send that note...what am I missing?

Quote: "And, my credit limit at NW is
in the mid 5 figures"

Is that all they gave you? Is that a normal number or is that high or low? (not trying to be a wise guy...mine is 6 figures so I really had nothing to compare it with).

Fill me in...I think I'm missing something between the lines.

Larry

 

[Larry]

oops...i see that Luc was thinking the same thing and posted while I was writing.

 

[ShaunP]

actnow ... I think you are totally off base here. You can call what they are doing anything you want ... I call it BEATING YOU!. In almost any auction system, most wait until near the end to make their serious bids.

I think your letter is the only thing unprofessional here.

Shaun

 

[clemzonguy]

I am totally for sniping. I have won many auctions on ebay in this manner. The only problem I have with namewinner is when they make your max bid the current bid and you overpay. There is nothing stopping them from doing this cause you don't know who else bid like on ebay. They should allow us to see the bidders userid so that we know they are running an honest competition.

The only bad thing about sniping is forgetting to bid. I lost a name to namewinner today b/c I forgot to bid there and after 1PM EST it's too late to do anything. So sometimes it's to your benefit to bid in namewinner ahead of time so that you don't forget but it's true ANY professional knows that if a amateur is thinking he/she is going to win an auction on a great name/product and that there aren't other people willing to pay more is plain stupid. Secondly if you bid at the onset you tie up your money and if an auction doesn't end for a week or more you have that much of your funds committed.

The benefits outweigh anything that anyone could say.

 

[Cartoonz]

Are you serious?
Do you really believe all that puffed up garbage that you wrote?

Do you have even the slightest idea who you sent that to?

And WHY did you send it in the first place? It is an acution, you fool! Of COURSE there will be people that bid against you, no matter what "style" of bidding they use.

If you ask me, which you did by posting this here, the only thing that you have accomplished by sending such a letter is to demonstrate to everyone what a fool you are.

 

[buddy]

And WHY did you send it in the first place? It is an acution, you fool! Of COURSE there will be people that bid against you, no matter what "style" of bidding they use.

Toonz is right! If you enter the game you must play the game according to the rules. And the same rules should apply for all. No one should have more right than the next person during an auction. The general rule for an auction is simple - the highest bidder wins!

 

[Luc]

If you enter the game you must play the game according to the rules

Rules? What rules? I didn't know there were rules in this game.

Luc L.

 

[clemzonguy]

the highest bidder wins!

Most people only try to be the next highest bidder in online auctions and that's why most newbies fall prey to snipers.

 

[Steen]

WEll at some point newbie turn into (insert something here) and learn.

Sniping is reality and I am pissed at peopel (on ebay and other auctions) who don't snipe. becuase they only put the bid price up for everyone else

 

[URLCollection]

Richard - Knowing The Folks in the Caymans - I doubt much that your letter was even read, let alone responded to. They are old-line domain collectors and well positioned in our industry. Just like any auction NW works the same way. If you want a name badly enough bid $5000 and get a snap on it, or run the pipe as registrar direct with that T1 of your's. Either way, good domains will always be very competive on the drops. Step up to the plate and bid high. That is your best solution. But do not bend on the folks that are good at what they do, just because you did not get the name. Good Luck - Steve

 

[sitehq]

sniping - i have been notified that i have been outbid on namewinner, does that happen all the time?

now i have 13 names in pending on which i have not received an outbid notice, the cynical side of me says these will miracously be bumped up while in the pending process, and i wont get the good ones.

The lack of accountability means the "pending" time period can be black hole, back room manuvering ....

unless you have a strong proxy bid.- ........ or do you ever know the price the winiing bidder paid. i know for warrior.com, kidschat.com, shoot.net they have been pending for one week and still showing $3,000 plus bids- what does that mean?

A few questions for the more experienced.

the system doesnt seem to let me raise my proxy bid when i am the high bidder, any tricks?

how do you increase your bid limit?

i like namewinner- got my first domain cubsfan.net..... and am happy with the $8.75 price.

snap seemed to win id1.net for me, even though ti cost me $40

thanks for any help.

page howe

 

[URLtrader]

I wanted a name badly and bid upto low four figure . Then someone outbid me and I let the matters rest there. He got it because he paid more than me. Why complain ?

 

[actnow]

Ok, Now I will respond.

I wanted to hear everyones opinion. And, I expected some stronger positions on both sides of this topic.

I agree that NW is strictly an auction arena. And, yes. You have the right to bid at the very last moment. (I probably have been to more physical auctions because of my main job than most.)

Unfortunately, it becomes a question of (the old) standard business ethics or reality.

All of the points I made in my email were true. But, in reality, I was, also, venting. And, I wanted to see how many others would express their opinions, pro and con.

The only reason I singled out this domain co. because they had
"legally beat me out" a number of times over the past few months. Mainly on highly valuable names. They are legally entitled to operate in this manner. But, I hate to lose or be "bushwacked".

As for setting a high bid amount initially, it is not a logical business decision. In the time that you initially bid on NW to the final day could be months. And, a lot of things can happen to affect the value of the domain. Plus, your business strategy can change directions in that time frame.

The more logical approach would be to bid and adjust it as the final day approaches. Which is what I usually do.

However, my success with NW is low compared to my other ways of purchasing domains. (ie. Snapnames, etc.. etc.) Because, up to now, I did not have the luxury of being "actively" on line the last few minutes before NW closed.

One of the major principles of business is not to "overpay" for your merchandise, raw materials, inventory or whatever. Because, that is one leg of the perverbal 3 legged stool of business.

I thank everyone for their comments.

Sincerely!!!

 

[Cartoonz]

Originally posted by actnow
...All of the points I made in my email were true....

One of the major principles of business is not to "overpay" for your merchandise, raw materials, inventory or whatever. Because, that is one leg of the perverbal 3 legged stool of business.

No, some of the points in your email were certainly NOT true.

You are not in the same league as the person you sent that email to. You wish. And yes, I DO know this. No way. No how.
You should also dream that you had a fraction of the "ethics" that the recipient of your drivel posesses.

Your overinflated pompous self rightious attitude only leaves me seeing you as another form of "stool".

 

[clemzonguy]

Your overinflated pompous self rightious attitude only leaves me seeing you as another form of "stool".

It's sunday....you should be in church young boy

Be nice!