Sedo’s monthly GreatDomains event used to be awesome. Great inventory priced to sell (good for buyers), bidding wars (good for sellers) and so on. I hope Sedo can manage to bring back the magic because unfortunately, things aren’t exactly rosy at this point and I don’t understand why.
I mean it’s not like organizing the event once a month is that much of a logistical hassle. You review some domains, communicate with buyers and bam, there’s one half of the equation. Then you advertise that event accordingly (compared to other industries, advertising on domaining-related sites is ridiculously cheap) and bam, there’s the other half.
Now of course, when one out of two or both dimensions are neglected, problems start to appear.
If the inventory isn’t appealing enough, buyers will gradually eliminate the event from their radar.
If the event isn’t advertised enough, sellers won’t want to list domains and will eliminate GreatDomains from their radar as well.
Vicious circles and all that.
I would have understood if the event were hard to organize or something to that effect. In that case sure, I can see why Sedo would want to take its foot off the pedal.
But organizing and promoting a decent monthly GreatDomains event shouldn’t be all that complicated, so I fail to see what exactly the problem is/was.
For a reasonably long period of time, GreatDomains auctions used to have a very well defined place in the ecosystem.
I hope Sedo manages to make that happen again because the more decent sales venues there are, the better off everyone will ultimately end up being.