There’s not enough trading going on in domaining to get domain names into the right hands. Many domainers out there are just concerned about making the most out of each sale and hang on to domains until they receive an offer they can’t refuse.
What if it never comes?
Many domainers are sitting on cool brands alongside their generic keyword domains and neglect the brands. Stick to your specialty. Those brands then languish parked (with minimal type-in traffic and revenue) and wasted forever. As you know, parking is down these days. Send them straight to a sale page instead, especially if it’s a brand of any kind.
Someone should make a site out there that encourages domain trading or anything that gives the industry more liquidity.
The domain economy is far too illiquid, almost as much so as actual real estate. It’s a shame that so many great domains never change hands when all it takes is a few keystrokes and 5 minutes and the domain can be that much closer to finding the right home. Let’s get some more liquidity going which will ultimately lead to the domains finding their way into the hands of the right end-users at prices domainers are happy with as well.
Make an impact with them. Get them in the hands of the creators even if it sometimes means settling for less.
Use that liquidity to buy more domains. Rinse. Repeat.
Many end users had a great idea but settled for less than the very best domain they wanted because the price was too high. The domain owner passed on a good sales opportunity, the end user wasn’t happy either.
Too much rigidity, not enough trading and liquidity.
I’d make the domain trading site myself but I’ve got too many other projects going on. Anything that helps make domains more liquid is good news to domainers because right now there’s not enough trading going on.
This post was written by domainer Matthew Crowder. His domains are listed over at BuyNamez.com.
February 22nd, 2014 at 2:46 am
I don’t see parking is down these days at all. Might be with an issue with some parking companies but don’t think at InternetTraffic/DomainNameSales.
February 22nd, 2014 at 2:50 am
I wonder who will buy ProBusiness.CO from you (Matthew Crowder) at $6,000 let alone $60,065.
When Business.CO sold for $80,000 so putting any keyword in front of *business* won’t be sold for 60k. IMO, even iBusiness.CO or eBusiness.CO won’t be going that high any time soon.
February 22nd, 2014 at 4:00 am
Actually, since it’s trademarked I was actually willing to give Probusiness.co away to ADP who owns the trademark and Probusiness.com. But the dopes apparently don’t even want it for free believe it or not. No response. Idiot corporations I tell ya!
February 22nd, 2014 at 4:02 am
There should be a study done on what the average domain earned in parking in 2000, 2005, 2010 and now. I don’t think the trend would be pretty.
February 22nd, 2014 at 4:03 am
I see… There are crazy companies like that out there… I see you have listed at $60k whereas on DomainTools I see it for $1400 only. Lot of difference at both venues!
February 22nd, 2014 at 4:07 am
But I see lot of improvements since DNS came into parking game. Just need to have good type-in traffic domains to make $$$ with them. I see good consistency and betterment all the time from their end.
February 22nd, 2014 at 6:04 am
The $60,065 is a joke. Think of it as letters instead of numbers. 😉
About the parking, that’s exactly the cause of parking being down so much. A small fraction of the type-in’s the domains used to get.