Originally posted by nameslave
GreatDomains.com WAS successful in the sense that they did get A LOT of buyer traffic, from corporates to ordinary folks.
Somehow, I'm thinking Greg realizes this and is taking it all one step at a time. I'm not entirely sure this will EVER be the right venue for getting end user prices however. My assumption has been that this is a place for those in this industry to buy and trade before going out and reselling for end users. Has to be *somewhere*, right? Kudos for Duke starting a trade journal to talk about all of it.
I think that's where the action is at right now. Most end users aren't interested in the day-in-day out wranging of domain transactions. Kind of like how Adobe, developer of expert level software like "Photoshop", isn't going to be going to venues for corporate CEOs and Editors and focusing their sales forces there (unless they're trying to get site licences going). Sure, a few might be interested, but there is *volume* on the design services "wholesaler" level (for Adobe, all the *specialists* are a much more prime target and easier sell.)
It has become fairly stale on the end user level without some type of better mechanism for users to understand the concept of the Secondary Market let alone trade highly in it. Buydomains.com clearly has the best model for this so far. The only sale I made through Great Domains seemed to have them pleading with me to accept the offer (their "fee" was turning my stomach and I liked my name). I could sware someone else was on the phone listening in as well. Felt a little sad. With the .dotCom bubble busting, I continue to recommend all my clients (small businesses) to register NEW names and focus on their business, unless they can get something for a reasonable price.
Originally posted by options
IMHO this forum is not the best place to sell names. You can get below wholesale prices. However buying bargains is the real advantage here.
"Best place" is subjective. You will NOT get the "best price" for your names here, but depending on your objectives, you will likely get a SALE here for a reasonable amount. Sometimes its easy to assume a domain will
eventually sell based on all its "stats", when the truth may simply be that no one on earth wants to USE it for anything on the "retail" side. While a sale may occur here, it may *never* sell in *any* venue for a perceived "retail" price. There are graveyard pages of domains out there that will never sell. The people here seem to be dealing more in volume and in monetizing traffic.
Not a lot of venture capital out there for Internet companies to blow anymore.
~ Nexus