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Holiday Shopping with Online Auctions
It's getting to be that time of year again when you start thinking about holiday presents for everyone. For me, last year was a first as I set out to save money in a rather unique way: buying most of my gifts on eBay. Online auctions have become...
Online Auction Sellers - Seize Control Of Your Business!
As the online auction model of business continues to evolve toward a more commoditized, corporate marketplace, it is time for online auction sellers to seize control of their business, before it’s too late.
In this...
Online Auctions Business
Online auction sites are a great way to find a bargain on almost anything and an excellent way of getting the best price for selling something of your own. Online auctions are different from their real-world counterparts. You are free to take your...
Selling on eBay? Here's a Success Tip for Your Online Auctions
Are you planning to sell on eBay? Or have you tried in the past but not had much success with your online auctions? If so, here's a strategy that has worked very well for me.
In my experience, the auction lots where I created a useful...
You Won That Ebay Auction! Now What Do You Do?
It's a heady feeling when you win your first eBay auction: a mixture of happiness and perhaps just a little fear. After all, there seems to be so much to do before you can actually get your item. What do you do next?
The simple answer is: you send...
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Domain Names Not Strong Auction Items
Selling a domain name at an online auction can be lucrative - but many sellers completely misjudge the market and truly live in Fantasy Land. For instance, take a look at this auction of 14 domain names (StemCellLines.net, StemCellLines.org, StemCellColonies.com, StemCellColonies.net, StemCellColonies.org, StemCellMart.com, StemCellMart.net, StemCellMart.org, StemCellResearching.com, StemCellResearching.org, StemCellResearching.net, StemCellStore.com, StemCellStore.net, StemCellStore.org). The auction supposedly includes "website research info" - but the listing doesn't even mention what this is, so we can' evaluate the offering. But a price of $25 million. There were no takers at all for this silly offer.
Here are other inflated domain name auctions:
* Names: Devilthinking.com/net/org and Devilthought.com/net/org. Asking price: $1 million.
This seller tried to take advantage of headline atrocities (such as a recent beheading of an American soldier in Iraq) to justify his asking price
* Names:www.UN.TV; www.UnitedNations.TV; and the phone number: 1(800) WWW.UN.TV.
Asking price: $5 million.
* Names: TeenExtremeScore.com, TeenScore.com, TeenForYou.com. Asking price: $2 million.
* Names: praisegod.tv. Asking price: $1,300,000. This listing was strangely written ...
"PRAISEGOD.TV IS A DOMAIN NAME****WWW.PRAISE GOD . TV ***IS A DOMAIN NAME***IT IS A GREAT DOMAIN NAME***IT CAN UNITE MULTITUDES OF PEOPLE***IT IS UNIVERSAL***IT IS WORLDLY****IT REACHES THE MASSES***IT IS A TWO WORD DOMAIN NAME***IT IS EASY TO REMEMBER***BROADCAST YOUR MESSAGE***PRAISE GOD.TV HAS THE ABILITY TO DRAW MIRIADS OF
PEOPLE***TAKE THIS DOMAIN NAME TO ITS' HIGEST POTENTIAL***ADVERTISE IT ON TV, ON THE RADIO, ON THE INTERNET, IN THE NEIGHBORHOOD, IN THE VILLAGE , IN THE TOWN, IN THE CITY, IN THE METROPOLIS.*** PRAISE GOD. TV IS FANTASTIC.***PRAISEGOD.TV IS A DOMAIN NAME ***DEVELOP YOUR OWN WEBSITE ,SEND A MESSAGE AND AWAIT YOUR REWARDS. WWW.PRAISEGOD.TV"
Clearly, these sellers are domain name speculators - buying up domains at low prices in the hopes of reselling them for inflated ones. But does this mean there is no market for domain names at online auctions? Not at al. There are some legitimate and reasonable sales:
* CDZ.com and CDZ.org. received 23 bids for a total of $2,026, although the seller was not content with this price and wanted more money.
* Radiolite.com Ahnu.com sold for $53.02.
* 888Cars.com, along with 8 other names sold for $51.
Most of the domain name sales on eBay did not complete because the sellers didn't receive the price they expected.
Selling a domain name at an auction online is not an especially strong area. There were only three pages of listings at the this time, and almost none of them sold. The 'get-rich-quick selling domain names' plan is definitely a flop on eBay. Sellers would do well to concentrate on other areas.
About the Author
Sydney Johnston, the AUCTION QUEEN, was one of the original sellers on eBay and has been selling on eBay since the winter of 1996. She is the originator and teacher of the famous Auction Genius Course, a powerful 16 hour multi media seminar on the Internet that teaches her students how to sell on ebay.
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