Enjoy unlimited access to all forum features for FREE! Optional upgrade available for extra perks.
Daily Diamond

What is the best currency to use when listing on Sedo ?

Status
Not open for further replies.

iboughta.com

Exclusive Lifetime Member
Legacy Exclusive Member
Joined
Jan 11, 2007
Messages
332
Reaction score
4
Hello,

With the currencies going up and down dramatically at the moment, I was wondering what would be the best currency to list your domain for sale in ?

Fees are: £35 GBP - 50 euros - 50 USD

My question is not only in terms of (1) value...especially if you transfer from USD to GBP for example, but also in terms of (2) perception to the buyer.

All your comments much appreciated :)
 

Gerry

Dances With Dogs
Legacy Exclusive Member
Joined
Dec 3, 2006
Messages
14,985
Reaction score
1,302
Definitely not euros.

Sedo does not provide a euro conversion.

Their structure should be:

35GBP
40Euro
50USD

This all came into effect when they changed their site format.

They forgot to add a euro conversion.

On one occasion I sold a domain and because the offer was made in Euro, I was charged 50euros which, at the time of the sale, was equal to $76usd.

Because of this, I would recommend to everyone USD.
 

EM @MAJ.com

Visit MAJ.com for domain forsale.
Legacy Exclusive Member
Joined
Sep 10, 2002
Messages
5,834
Reaction score
75
Not the currency, start your auction at low price.
 

Gerry

Dances With Dogs
Legacy Exclusive Member
Joined
Dec 3, 2006
Messages
14,985
Reaction score
1,302
It is also worth noting that Sedo only allows listings up to $10,000 unless you buy a sedo appraisal.

Um, yeah...okay.

If you have a high value domain and do not want to be bothered with lowballers, list your minimum offer as £9999.

---------- Post added at 11:38 AM ---------- Previous post was at 11:35 AM ----------

Not the currency, start your auction at low price.
Many still do not realize that sedo has a minimum of $50usd.

Starting out at $60 is risky now.

Not only might you make a grand sum of $10 on the sale, the fact that Sedo changed their landing page and no longer are running or closing sales put in front of the eyes of a potential buyer.

Their redesign is a huge failure for many reasons but mostly because of those changes.
 

iboughta.com

Exclusive Lifetime Member
Legacy Exclusive Member
Joined
Jan 11, 2007
Messages
332
Reaction score
4
I see what you are saying with the Euro: currently their 50 euros = 60 usd or £42 GBP
Spot on

---------- Post added at 11:48 AM ---------- Previous post was at 11:41 AM ----------

Any views on perception ? I would have guess that it is better to list domain.us in USD and domain.eu in Euro
 

Gerry

Dances With Dogs
Legacy Exclusive Member
Joined
Dec 3, 2006
Messages
14,985
Reaction score
1,302
Any views on perception ? I would have guess that it is better to list domain.us in USD and domain.eu in Euro
Perception?

Be happy that names get offers. That is the best gauge of a perspective buyer's perception.

If the name is strong enough, the offers will come in.

I have had offers in every currency irregardless of what base currency I listed in.
 

katherine

Country hopper
Legacy Exclusive Member
Joined
Jul 9, 2005
Messages
8,428
Reaction score
1,290
You might want to set prices in different currencies depending on the extension.
I would use £ for .co.uk domains for example because they are more likely to be bought by British end users.
 
Status
Not open for further replies.

The Rule #1

Do not insult any other member. Be polite and do business. Thank you!

Members Online

Sedo - it.com Premiums

IT.com

Premium Members

Premium Members

MariaBuy

Our Mods' Businesses

UrlPick.com

*the exceptional businesses of our esteemed moderators

Top Bottom