Domain/Website Resale Markets Are Depressed
October 22, 2009 by Anonymous
Filed under Domain Sales & Prices, Domains & Websites, Marketing & Advertising, Website & Domain Issues, Website News
A domain name forum menber asked about more than unusual numbers of non-forum threads and posts lately and was wodnering why that seems to be taking place? My answer is maybe it appears that way because the domain name/website resale market appears to be declining big time and since so few are successfully selling (with the notable exception of the many which somehow almost magically sell in the DNjorunal.com sale reports each week for surprising prices) forum members have little to do all day except pass time with the non-domain related posts.
An example of how hard it is to sell at forums these days I was checking yesterday and see a majority of believed dubious or marginal value names I let expire (and got zero responses on via the Forums, or thru the Whois contact information and at other venues such as my Websites) were in fact puchased by others at places such as Snapnames.com, for example, and at for high prices vs the small amounts I would have quickly taken for them (even though I rarely offer names or websites for sale). I also see BuyDomains.com ended up getting many of my cancelled names. Really odd the marginal names appear to rarely sell at forums and via for-sale-listings at auction websites for a fraction of the prices many domain sellers would have accepted. Anyone know why?
I have noticed some evolving trends in the domain aftermarket. You mention letting some domains drop only to see them picked up quickly by others. I might be one of them, ha! Dave, you have some great domain names that is for sure.
Actually, I have intentionally dropped several myself, but only a few. While also picking up select domains that fit my niche interest. From my perspective, there are not only more domainers, but somewhat more public awareness of domain names in general. In other words, I think the pool of buyers is expanding as more companies make the internet a core component of their daily operations.
I am optimistic that the next wave of economic growth, waiting beyond the current recession, will be very good. We’ll see.
Does anyone have any good marketing suggestions on selling our domain names? I have over 2,100 legal domains and over 240 adult / dating domains but have found that the market has really dried up. I tried ebay but from my experience I have found that if someone pays you $50 for a domain name they think that they have paid alot. Bido.com appears to be selling most of its domains at around $28 although there are of course many exceptions. What auctions sites would our fellow domainers recommend to sell domains for at least $1,000?