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Domain auctions at crazy prices

Discussion in 'Domain Names & Parking' started by DubaiClub, Oct 4, 2019.

  1. DubaiClub

    DubaiClub Jr. VIP Jr. VIP

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    On sedo auction I've seen something crazy! There are a bunch of domains that I don't pay $10 for them priced $50k.

    Why someone have to spend $50k for a domain name like racinggames dot com or detergents dot com (LOL) without ANY benefit?

    These domains sells? Are there around some stupid / uneducated buyers that pay $50k for a domain name?

    A domain name WITHOUT content, maybe blacklisted, maybe spammed, parked for 20 years and maybe in G sandbox forever?

    I am shocked.
     
  2. Meddie

    Meddie Jr. VIP Jr. VIP

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    It`s the same as Godaddy price estimator; all bullshit.

    Anyway, I would pay for racinggames.com if I was the owner of Monte Carlo race tracks.
     
  3. DubaiClub

    DubaiClub Jr. VIP Jr. VIP

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    Are not price estimator is the reserve price specified by seller.

    So, if you want to buy detergents or racinggames dawt com you've to pay (at least) $50k.

    Crazy.
     
  4. AngelSeo

    AngelSeo Jr. VIP Jr. VIP

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    Both of those are actually pretty decent domain names - there are way more shitty names priced as "premium" simply because they have a word that registrars algorithm perceive as "valuable". Anyway the business model is you have 5k domain names like this, and with just 4-5 sales per year you have incredible ROI. Just check the prices at hugedomains.com - there are some ridiculously bad deals :)
     
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  5. Meddie

    Meddie Jr. VIP Jr. VIP

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    I know but put yourself in my example, what if you have the biggest racing track in Europe and you got like hundreds of millions profit a year; would you pay 50k for such a great domain? I will.
     
  6. MisterF

    MisterF Moderator Staff Member Moderator Jr. VIP

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    Surely people will check out to make sure they're not spammed, blacklisted etc before even bidding. Or are there such stupid fools out there?
     
  7. WIZDAHL

    WIZDAHL Regular Member

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    The domains you mentioned above are premium domains so it's normal they sell for a couple of thousand bucks.
     
  8. AngelSeo

    AngelSeo Jr. VIP Jr. VIP

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    Not really. Earlier this year Tesla had job offer for "SEO manager" (Tesla like the Elon Musk company). The requirements? "open link explorer proficiency". Who the fuck is using Moz professionally still? Yet multi billion dollars company hired someone by SEO standards circa 2005...
     
  9. DubaiClub

    DubaiClub Jr. VIP Jr. VIP

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    I don't know. I prefer to spend that $50k in another way.

    But that's me and maybe wrong.

    What does it means premium?

    Maybe in 1996 people digit whatiamlookingfor.com, not today, not in 2019.

    Are you looking for racing games? You go to G, bing, duck, ecosia, what you want, BUT you don't digit IHopeToFindWhatINeed.COM
     
  10. GoodBook

    GoodBook Jr. VIP Jr. VIP

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    Poor people have small thinking like many of us. $50k is a pocket change for the rich.
     
  11. WIZDAHL

    WIZDAHL Regular Member

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    I guess you are new to domaining. Exact match domains are very valuable and worth their weight in gold.
     
  12. WebProm

    WebProm Registered Member

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    50k for single word commercial name like Detergents is nothing, much more expensive domains sell every week, it's a market with more than 2 decades.
    The trust alone that such domain grants is worth the money, if I was a detergent manufacturer (and they don't just sell to households) I would rather do business with Detergents .com than CheapDetergentsOnline .xyz
     
  13. the gent

    the gent Senior Member

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    VOICE.com sold for 20 milion dollars not 50K
     
  14. JonathanGwrites

    JonathanGwrites Jr. VIP Jr. VIP

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    They are targeting high rollers looking for brandable domains. Of course, I doubt a large majority of them will sell anytime soon, if at all.
     
  15. Nubian Content

    Nubian Content Jr. VIP Jr. VIP

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    Some companies have huge budget for marketing and buying an "industry defining domain name" for SEO and traffics or even upgrade to existing name for $50k is not a waste as far as branding, marketing and traffics are concerned. You are looking at it from small time online business perspective.