Comments on: The Domain Fest Global “Low and No Reserve” Domain Name Auction – The Results

By: Rashid Mahmood

Rashid Mahmood — Sat, 30 Jan 2010 10:46:14 +0000

See my response to to Michael above. It’s all about holding “themed” auctions and grouping relevant domains together and contacting the market publications for those business categories.
I don’t expect anyone to hand promote each domain individually for only 10-15%. I wouldn’t do that either! lol
Thanks for writing!

By: nmwando

nmwando — Wed, 27 Jan 2010 05:10:42 +0000

Sorry for the trouble Andrei, must have made a typing mistake because I was in a rush to write a comment

By: Andrei

Andrei — Wed, 27 Jan 2010 04:51:42 +0000

@nmwando: you’re always asked to provide your name, email and URL (optional) when commenting. You’ve commented 7 times this week so far and in one case, you added an extra “s” to your email address, so the plugin “thought” you were a different person.

By: nmwando

nmwando — Wed, 27 Jan 2010 04:39:04 +0000

Andrei, I think your commentator plugin is broken. My name appears two times, one time with 5 comments and one time with just 1 comment.

By: nmwando

nmwando — Wed, 27 Jan 2010 04:02:31 +0000

It’s impossible to please everyone. If they would have incorporated these domains into the premium auction, premium domain owners would be complaining that those domains don’t belong there (with some exceptions) and that it’s more difficult for bidders to find their domains. If they would have added 2 hours to the length of the premium auction, everyone would be complaining that the auction is just way too long. There’s never one solution which pleases everyone.

By: nothighenough

nothighenough — Wed, 27 Jan 2010 03:55:49 +0000

ok, you win the argument about number os sales. I don’t have time to look at them all but I think there are non which sold more domains. But wouldn’t it have been better to just have one big auction instead of two auctions? Is an auction for low resrve domains really justified?

By: nmwando

nmwando — Wed, 27 Jan 2010 03:50:52 +0000

Forget that, find me just one of the auctions with over 50 domains present which beat this one in terms of movement. Still waiting

By: nmwando

nmwando — Wed, 27 Jan 2010 03:49:42 +0000

Here’s a challenge for you. Go take a look at all of the auctions of the past 6 months and find me two auctions with over 50% of the domains moving. I’m waiting

By: nmwando

nmwando — Wed, 27 Jan 2010 03:47:48 +0000

I get your point about the total not being very high but let’s not forget what the name of this auction was. This was not their premium auction, this was their low or no reserve auction. To me the victory is seeing so many domains sell. Without liquidity, what would we do? I think the main purpose of the auction was proving that we have liquidity, the premium event should be when the high amounts will roll in.

By: nothighenough

nothighenough — Wed, 27 Jan 2010 03:43:46 +0000

I can’t deny that it’s good for us that a lot of domains met their reserve but not even 200k, that’s alittle low. The high reserve domains will be a part of their next auction yes but I don’t know, I don’t know what to think right now.