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Originally posted by Fundraiser
You hit the nail on the head at least for this end user. I bought a low-rung name from ult search earlier this year. After an extremely professional but one-sided negotiation, I paid $6k for it and no one here would have probably paid even $1k. It's a key word in a very specialized and little known market and has resulted in over $100k for my business this year. When smaller businesses discover how cheap domains and targeted sites are compared to the cost of traditional marketing, domain prices will rise dramatically from where they are now. Eventually small companies will learn how to use the internet to generate business rather than just being able to say "I have a web site."
Excellent points and congrats on that ultsearch buy Fundraiser.
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Originally posted by Chad
If you think prices are high now wait to see how high they will be in a year or two when no one is even selling. (Actually, we may be there sooner than that)
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the domain market did not slow down after the bubble?
ebay......home of the 20 million dollar domains. Please look at the prices for domains on ebay. some millions. would you list a new car for millions? how about a domain you paid 14.99 for? domains should be priced with a bit of reality and less on lottery dreams, more would sell. The secondary market would expand in a positive manner.
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crabby didnt want the job so I grabbed a shovel and started shoveling the "s" like many are doing tonight
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I think the domain market probably fell 90% or more from mid 2000-2002, though would say the current strong rise is largely the result of increasing ppc payouts/better monetization of domains.
I don't think the current market is going to implode for no apparent reason, people are generally buying on the basis of revenue. Most people are priced out of the drops because the bigger players are getting better deals from the larger s/e's due to volume and have more knowledge in monetizing domains, they already have large cashflows- some over a million per month, so I'm sure they can afford to pay pretty big yearly multiples.
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>>ebay......home of the 20 million dollar domains. Please look at the prices for domains on ebay. some millions<<
Yeah phillyeagle, but there'll always be wackos asking silly prices in any market.
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Buying (bidding and paying) at "your high price" != Selling at "their dream price"
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Dear Domainers
Tonite
Let's all bow our heads
Hold hands in a big circle
and pray for "Yun Ye" transaction to go smoothly.
Amen.
"
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Participating has no order, achiever comes first.
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Originally posted by Goh
Participating has no order, achiever comes first.
Is this Buddhism ?
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fizz, I have yet to see any market with such wild pricing as the domain biz? Is there any other speculative business where one person lists an object for 14.99 and another lists a similar for 20 mil? thats not sound as a pound in my book. where else does this occur?
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Originally posted by snoopy
I think the domain market probably fell 90% or more from mid 2000-2002, though would say the current strong rise is largely the result of increasing ppc payouts/better monetization of domains.
What part fell? I started in 1999 and have been continuing since then. Of course I'm *NOT* buying for resale, I'm buying for end use.
Perhaps I'm not properly understanding this threads title or intention? To me and my understanding of this thread, internet growth is the foundation of domains even though domain sales may ebb and flow from time to time -- I'd suggest this is why so many people said I was nuts years ago when I started, and nobody's saying that now. Is'nt that why you invest your retirement for *THE LONG TERM*?
If you're trying to be a "one hit wonder" then I understand why someone can talk about lean times, where as someone looking at this long term see those "lean times" as the perfect time to go in a buy ....
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Originally posted by phillyeagle
fizz, I have yet to see any market with such wild pricing as the domain biz? Is there any other speculative business where one person lists an object for 14.99 and another lists a similar for 20 mil? thats not sound as a pound in my book. where else does this occur?
Sounds like turn of the century "horse trading" to me.
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no this is domainism..."now bow your heads and open your wallets" (from Chad... book of the high priced domain)
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Originally posted by phillyeagle
no this is domainism..."now bow your heads and open your wallets" (from Chad... book of the high priced domain)
If people pays his prices then what's the problem? How can you or anyone else pass judgement on his price(s)? And even if people refuse his prices it's still tough to judge since it's his decision not ours.
You can fool some of the people all of the time, all of the people some of the time, but you can't fool all of the poeple all of the time.
- P T Barnum, *BEFORE* 1891 when he died.
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