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Free Instant Auction Traffic
Here's an easy way to get extra traffic to your eBay auctions... ...and we all know, the more traffic, the more bids and ultimately, the more sales you'll get! First...answer this question: "Do you look at other people's feedback ratings?" You...
Great Products To Sell On Auction Sites
Great Products to Sell on Auction Sites
If you are a small business, you probably are always looking for
great products to sell. If you use auction sites like Ebay, you
know there are tons of competitors trying to sell everything
under the...
Online Auction Sites: Oh The Possibilities!
Online auction sites are set up in such a way that they can be very profitable both for you and for the auction house itself. But, what most people do not realize is that there is a world that is beyond that of Ebay! Yes, there are many other online...
Online auctions can be fun and lucrative
When the Internet became popular in the mid-1990s, one of the
first things users realized was its business potential. If you
can do business in a store or through a catalog, why not through
a Web site? And soon online auctions were born.
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Understanding Domain Name Auction
Everywhere in the world, thousands of great domain names are expiring, and since thousands of domain name holders did not renew their expired domain names, thousands of people are also bidding for such terrific domain names. With this fact, the...
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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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