If we try to think positively here, we see more and more end-users competing and paying top dollars for top domains. That’s good.
Have a great day,
Sahar
We were the top bidders until the last two seconds of this auction however, thanks to an eBay snipe program, an end-user was able to outbid us and give us no time to put another bid. Not a big loss or anything, just no fun to report.
uhggg… Ebay, which allows sniping, sometimes does not allow any TRUE buyers the opportunity to get the item they want. Thats means items get sold undervalued all the time so sellers are in actuality losing money hand over fist from sniping bargaineers… good for the snipers though.
I love that TDNAM adds the 2 minutes of additional time each time a bid is submitted. No sniping possible unless your internet connection freezes up lol
If Ebay didnt allow sniping, you could’ve possibly been the one to win the name. The seller would have won too.
Sorry about your lost
John
http://unplain.com
—-answer—-
Correct. I believe eBay are losing hundreds of millions of dollars in potential revenues for not allowing auctions to be extended as TDNAM and Snapnames systems.
Sahar
Hello Sahar…
If you input your top dollar price initially, then the only way you can lose an eBay auction is that the bidding went above your top price - in which case you would have lost anyway.
More to the point though, I was wondering what the underlying business case is for the domain name. I guess you could name a company after the bankrupt company, or you could obviously sell ramps - the logical natural traffic for the domain name, but that sounds like you need a full-scale business with warehouses, trucks, employees, etc.
Since you didn’t get the name, I’m curious and wondered if you would share why you wanted it.
Thanks -
—-answer—-
We didn’t think much about the potential here, just a nice domain that can be used nicely as a brand for just about anything as well as selling ramps.
Cheers
Sahar
Indeed a very marketable domain name with guaranteed type in traffic! Curious to see that they decided to use eBay to auction ramp.com
Marcus
http://www.inasmuch.com
An excellent value for an end user; especially an operating company like the buyer.
Sorry you lost out on it, Sahar.
Mind letting us know what price/range you were willing to go to if you’d had the opportunity to do so?
—-answer—-
No way to tell Steve but my gut feeling at least another 10k-15k if eBay system was similar to domain auction houses.
Sahar
The domain is undervalued. It costs several times than the amount sold for. The bankruptcy has reduced its value, Personally i feel Ebay is not an appropriate place for premium quality domain auctions. As a nice 4 letter .com, type in traffic will be there. The end user will be happy on acquiring this domain. As he got it rather cheap nice keyword. The only reason you lost this domain was, you under valued it. success will be learned from failures. Such a sale happens at regular intervals. No problem, Catch another good quality domain
—-answer—-
Agree however, it isn’t that we undervalued it, it is that we are shopping for deals and are not end users on every purchase out there. Agree on next step, there’s always another one around the corner for deal hunters.
Cheers
Sahar
Hi Sahar and all, I just wanted to add my two cents. We were the purchaser of the ramp domain off of ebay and we used no software at all, we just watched it closely and put our max bid in at $30,000 in the last minutes and no other bid was higher than that so it defaults to just above the 2nd highest bidder, we had already decided 30k was our max. We rarely ever buy on ebay so we have no use for sniping software, but we do have several employees in our auction/shopping engine department who sell our products on auction sites and are very familiar with ebay. (I am not as familiar with ebay but my guess would be these people are more strategic bidders than any software program)
We really have no use for the domain right now since our main website, http://www.DiscountRamps.com is well branded and ranks well in the engines but it really fits our core market and it made sense for us if the price was right. We have been contacted by several interested parties already to buy the domain but we are not decided as to the course to take with it and how or if we should integrate it into our online retail system, the company already owns 250 pretty good domain names and the majority of them are not being utilized to their full potential yet. Have a great day!
Joel
Ceo
Discount Ramps.com LLC
http://www.DiscountRamps.com
—-amswer—-
Thanks Joel for the info..
Sahar