Moniker’s GeoDomain Auction: Sucked?
Posted on | November 18, 2007 | No Comments
Well, with news going around the domaining industry about Monikers GeoDomain Auction yesterday, it seems that there is a general agreement that sellers had high expectations with their high reserves. I posted about some of the interesting names that were sold, but here’s the full results of the auction:
| beverlyhillsrentalproperty.com | $600 | hackensack.com | $20,000 |
| centralmissouri.com | $3,000 | maltaillinois.com | $250 |
| oakland.info | $5,000 | shorthillsnewjersey.com | $1,000 |
| dallasrealestatebroker.com | $2,500 | ameliaislandhouses.com | $1,500 |
| ftpierceflorida.com | $1,000 | sacramento.org | $24,500 |
| lagunabeachhouses.com | $10,000 | fountainhills.com | $15,000 |
| kazakhstan.net | $15,000 | colombianews.com | $5,900 |
| perth.com | $200,000 | ewisconsin.com | $3,500 |
| marylandbeachfront.com | $250 | sanfranciscocalifornia.us | $4,000 |
| congo.org | $7,000 | beverlyhillsrealestate.us | $1,500 |
| southparkcolorado.com | $600 | ebrooklyn.com | $2,250 |
| seattlewashington.us | $2,500 | santamargarita.com | $1,250 |
| murrieta.com | $19,000 | santaynezcalifornia.com | $1,000 |
| fresno.us | $4,800 | molokaihawaii.com | $600 |
| roads.us | $3,250 | northdakotanews.com | $4,000 |
| territory.com | $52,500 | 213.com | $33,000 |
| honduras.biz | $300 | 408.com | $33,000 |
http://marketplacepro.moniker.com/auction/events/182/results.html
The one that sticks out the most to me is Honduras.biz. Honduras, for those that don’t know, is a country with a population of about 7.5million. It’s in Latin America, near El Salvador and Nicaragua. Now, why does this stick out to me the most? It’s because it sold for $300! Jeez. A country name, $300? I’d assume even the .info could fetch more than that. It just shows that extension makes a difference. Now, this can easily be developed and can make back the $300 in no time, but it seems most domainers that are purchasing look for type-in names. I guess .biz is a really crappy extension, right? I really don’t think so. Some names work for .BIZ, and I believe quality keyword domains, such as country names, are appropriate for the .biz gTLD. I also think I own one (I’m not even sure what it is). But, this just shows to focus on the main TLDs: .com, .net, and even .org.
Here’s a link for those that want to watch the video:
http://www.ustream.tv/channel/monikercom-live-domain-auction
Also a link to the sold domains (already posted above, but here it is on the official website):
http://www.marketplace.moniker.com/auction/events/182/results.html
So, was this auction a flop with sales @ ~$450Kish? I’d assume so since one domain was sold for $200K. A lot of country names were passed on. Now, was this auction properly advertised? I’d say so since a lot of the people that keep up with the domaining industry were informed. Maybe we will see better results next time.
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