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Unsolicited Offer via Sedo.co.uk
Just got this e-mail:
"Mr. Ghafoor,
Our buyer would like to offer you $1000 for
camping.info. Would you be interested in
accepting this bid or opening negotiations with them? If this is of interest to you, we look forward to hearing from you as soon as possible.
Regards,
XXXXXX"
Would appreciate your thoughts/advice on negotiation and a fair market valuation for Camping.info
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nice starting price.
2k-3k is not bad imo.
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Originally posted by zxc
nice starting price.
2k-3k is not bad imo.
Thanks zxc.
It's been said by some that one way to determine fair market value for new tld names is to put them at roughly 10-20% of an identical name in .com, depending on the name and its "fit" with the tld; IMHO, camping fits quite well with .INFO. So, what would be the estimated value of Camping.com?
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camping.com has 2020 on ov for the exact domain - .info doesn't have that inherent value so I consider the 10-20% of .com logic to be flawed as any values in .info right now can only realistically be based on recognition value.
Personally, I'd value camping.com into 6 figures end user, taking the likely type in traffic and recognition value into account.
for the .info I'd be thinking anything with a k in it is doing well, so I'd be tempted to gun for $5k or so and see where you land.
When using google for counts - use double quotes for usage counts for multiword terms and set "match type" to "exact" for all search volume lookups. Click here for more info
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I'd say aim for 3-5k.
GL!
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Originally posted by Speculator
Just got this e-mail:
"Mr. Ghafoor,
Our buyer would like to offer you $1000 for
camping.info. Would you be interested in
accepting this bid or opening negotiations with them? If this is of interest to you, we look forward to hearing from you as soon as possible.
Regards,
XXXXXX"
Would appreciate your thoughts/advice on negotiation and a fair market valuation for Camping.info
Excellent name and use of the .INFO extension
$#,### in this market (low reseller, high end user)
Originally posted by safesys
for the .info I'd be thinking anything with a k in it is doing well, so I'd be tempted to gun for $5k or so and see where you land.
ah lads, we are corrupting Safe bit by bit! keep it up LOL
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IMHO I think you should actively try to sell this name as I think you could get a lot more for it. One suggestion would be,
http://www.cabelas.com
as they are a very "upscale", internet savy, and this name is *PERFECT* for them given the "free" advertising they would get from typeins (of course this is a vision you would have to sell to them).
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I guess if $1k is the initial offer there is a good chance they would go to perhaps to 2-3k. Out of interest what were the bids like during landrush as that might be a good starting point for valuation.
I do agree that at the moment .info values are very much less than 10-20% of .com.
.net values are nowhere near 10-20% for keyword terms in my opinion and its the second most prominant extension by quite a long way (I would say .net is something like 3%-5% as a very rough average). Of course there will be exceptions to this and lots of "outliers" in all extensions (ie unusally high and low sales) but as an average I would think .info values are under 1% of .com prices.
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Originally posted by snoopy
Of course there will be exceptions to this and lots of "outliers" in all extensions (ie unusally high and low sales) but as an average I would think .info values are under 1% of .com prices.
I respectfully disagree since (as I believe I've posted/disclosed before) ALL of my .INFO sales are definitely NOT "under 1%" of the .com prices; following is the list with sale prices:
Bibliography.info ($5200.00)
Bahai.info ($1200.00)
Compra.info ($1000.00)
LowerManhattan.info ($1500.00)
Electrochemistry.info ($1800.00)
One can easily see that none these sales are at "under 1%" of .com prices. In addition I've had several offers of more than $1K for different names none of which I believe would be more than (or even close to) $100K in its .com version. Just my $0.02 based on personal experience so far!!
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bear in mind that your experience for a small number of .info's may not be reflective for the whole namespace and your own sales may well fall in the outlier section...
When using google for counts - use double quotes for usage counts for multiword terms and set "match type" to "exact" for all search volume lookups. Click here for more info
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Originally posted by safesys
bear in mind that your experience for a small number of .info's may not be reflective for the whole namespace and your own sales may well fall in the outlier section...
True. Always better to have a larger sample size.
However, actual sales are actual sales. Off the top of my head, I can not think of an explanation why his domains would sell at a higher premium than other people's domains of similar quality.
One possibility, I guess, might be that he is such a likeable fellow that folks happily pay 20-50% more for the pleasure of doing business with him? By way of disclosure, I am partnering with him on some domain development. If he commands a 20-50% price premium, then this further confirms that I made an excellent decision to work with him!
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Theres no doubting that those sales are nice to have in the armoury of anyone selling .info's - even if its just so you can counter in a reply to an end user that a domain of similar quality sold for $x and you consider that a benchmark for your own.
When using google for counts - use double quotes for usage counts for multiword terms and set "match type" to "exact" for all search volume lookups. Click here for more info
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I just pulled out my LR2 notes,
If DirectI received a bid it must have been under $510 (24 bids).
If 007 received a bid it must have been under $501.
If enom bid was $550 (ranked 43).
If AAAQ received a *PUBLIC* bid it must have been under $1110, but camping.info *WAS* in their top 3000 bids.
And I think these are all *VERY LOW* since I feel end users were not involved.
Personally I've allways had my reservations about using the LR1 and LR2 auction "valuations" espicialy for names that are not "top internet names". Simply put the companies in "my" industry were busy working hard on their industry and so did not do their home work (or spend 4 hours in front of the computer every 12 hours for 30 days non stop) for LR2. As a result every registrar I found out about "late" allready had pre-regs for the names I was pursuing. In other words the value of the name was recognized but the follow though of most was not that agressive.
For LR1 is was similar but even more difficult as some registrars started as early as January of that year. The first 2 weeks after LR1 I received 3 unsolicited "How much will you sell ***.info for?" queries.
What I'm sayin is that, perhaps, the auction values might somehow reflect speculator's valuations but I don't think speculators have much of a clue what some names are worth to end users. Furthermore I had several $10,000+ bids for some of my names in LR2 and did not think twice about it as I'd learned from LR1 what "the numbers were" and knew I had a less then 2% to 5% chance that any of those "high" auctions would actually get awarded. For example DirectI kept their auction open for several days *AFTER* LR2 requests were submitted thus their queue would natually be larger than most other registrar. So why not bid high? I knew there was little chance they'd get the name but it was worth the insurance to have the higest bid. Bottom line is that I had the higest bid on every auction and not a single auction got any names for me. Bidding very high worked and did so with limited risk!
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In rereading the above I feel the need to make a point more clear,
I don't feel that *END USERS* particpated in .INFO LR1 or LR2 in great numbers. I think speculators were almost exclusively involved with LR1 and LR2.
Last edited by ILikeInfo; 04-24-2003 at 04:58 AM.
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Originally posted by safesys
bear in mind that your experience for a small number of .info's may not be reflective for the whole namespace and your own sales may well fall in the outlier section...
Personally I think actual sales prices would be far higher if so called speculative owners actually went out *SELLING* thier names versus putting them on SEDO and expecting everyone to beat a path to their door (I *AM NOT* pointing fingers I'm simply making a generic statement) ...... I think you get rewarded for getting off your butt versus kicking back and having a few bears ..... Perhaps this is why some are more successful than others?
Last edited by ILikeInfo; 04-24-2003 at 04:26 AM.
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Originally posted by ILikeInfo
kicking back and having a few bears ...
"Arrrg. Smack.... Grrrr.... Chomp..", says DomeBase as he rips the flesh off another hairy beast and chews on the hide!
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