Comments on: Quit Paying High Prices for Domain Related Names

By: Quit Paying High Prices for Domain Related Names « Domain Namez

Quit Paying High Prices for Domain Related Names « Domain Namez — Sat, 22 Aug 2009 10:46:17 +0000

[...] bruce wrote an interesting post today onQuit Paying High Prices for Domain Related NamesHere’s a quick excerpt [...]

By: bruce

bruce — Thu, 20 Aug 2009 11:16:57 +0000

@Adam

Nope not that one.That one is actually a solid name.

I will shoot you an example a little later, gotta get moving out the door.

By: Adam

Adam — Thu, 20 Aug 2009 06:31:47 +0000

Are you talking about the DomainAppraisal.com recent sale here ?

Pretty good domain for a company who is involved in a bunch of domain businesses. I’d be interested in seeing a domain that you thought went cheaper and was worth more than what it sold for . . . just out of curiosity.

By: bruce

bruce — Wed, 19 Aug 2009 15:33:31 +0000

@Josh

Unfortuantely, and this is what my concern was, that most of them never actually get developed, they are paying dollars for something that has no inherent value except to the same people they just won the auction over. Until it is developed that is…. And most never develop. You are correct, not rocket science. Many intend to be end users but never become end users.
This post wasnt meant to offend but to maybe give someone a chance to step back a bit and look at what they are doing and determine if that is the best place for them to invest their domaining dollar.

@Chip

You are SPOT ON. I am a huge believer in the branding with development movement. Thats my life (Missouri.me) , until the site is developed though the value is strictly based on the value of the name which for purely brandable names is normally 0 compared to a keyword rich name.

Your BikeRepair example is perfect btw, we have this same conversation with customers everyday about how to use a combinations of their business brand with solid generic targeted names. Its a great model.

@BobLange I like big dreams!!!

Thanks for the comments everyone.

By: Chip M

Chip M — Wed, 19 Aug 2009 15:07:33 +0000

I think Josh has it right. We, in the domain industry/hobby market have more of a use for a “Domain” url than anyone else. We have more options for it as well and therefore more value. Add to that the fact that the “Domain” url market is more competitive than most because it is our hobby = premium prices.

ANY name can be branded and made valuable. All it takes is time and development. Would love to know what the “Bargain” product names that sold under value were. Just like overpriced names, underpriced ones are subject to the same perspective. Proper development is a huge hurdle to any name regardless of it’s perceived quality and relevance.

Most of the business world operates via brands NOT products. To them, “MillerBikeHuts.com” is much more valuable and useful to them than BikeRepair.com. Our job is to get them to understand that the two of them can work in tandem for better success rather than having them choose one or the other. Until we do that, most names will not real their value potential.

By: alanj878

alanj878 — Wed, 19 Aug 2009 14:09:35 +0000

People in all industries buy worthless things with assume valued just like the mortgage industry bought cods which is probably the reason people started losing the homes and we are the in the recession we are in now . I also believe do not fight something like this people buy wierd stuff all time like pyrite (fools gold) . Like i would do if i see something going i would do what i do in the stock market and short the market meaning buy up the cheapest dn and flip them to domainers who want to start a portfolio. it might sound cruel but all domains have a perceive value and they were all worth reg fee at one point of time

By: Josh P

Josh P — Wed, 19 Aug 2009 11:50:19 +0000

Domainers often pay end-user prices for -DN- / -Domain- related keywords simply because they are (or intended to potentially be) the end-users of those domain names. No rocket science in action here.

By: Bob Lange

Bob Lange — Wed, 19 Aug 2009 06:19:40 +0000

Why do domainers continue to overpay for domain related names ….. Because we all love to dream big dreams.

By: Quit Paying High Prices for Domain Related Names : BruceMarler.com « Domain Namez

Wed, 19 Aug 2009 05:44:14 +0000

[...] bruce wrote an interesting post today onQuit Paying High Prices for Domain Related Names : BruceMarler.comHere’s a quick excerpt [...]

By: Dan Bell

Dan Bell — Wed, 19 Aug 2009 05:35:38 +0000

Agree, never understood why some domainers go loony over this. If it’s not a 1st or 2nd tier name then why pay big bucks? There are so many possible combination to hand register or catch in the drops.

Nice post Bruce.