Comments on: The Underlying Factor of Domaining and Selling Websites: Part I http://www.dnunderground.com/09/30/the-underlying-factor-of-domaining-and-selling-websites-part-i/ The Best Domaining Blog on the Web Tue, 26 Apr 2011 04:32:44 +0000 hourly 1 http://wordpress.org/?v=3.1.3 By: Patrick McDermott http://www.dnunderground.com/09/30/the-underlying-factor-of-domaining-and-selling-websites-part-i/comment-page-1/#comment-4647 Patrick McDermott Thu, 01 Oct 2009 21:28:36 +0000 http://www.dnunderground.com/?p=325#comment-4647 "They know, or should know, that bidding at the last second does nothing." Well I think it's really quite simple actually. By bidding at the last moment you are not tipping your hand. Even though the auction extends for 4 minutes there is always the chance the other bidder(s) may not be around to bid against you and you can win. By bidding earlier you show your intentions and force the other bidder(s) to take action thereby raising the auction selling price. When I bid on eBay, I use an auction sniping service for that very reason. When I bid on Godaddy's expired domain auctions I do the same unless I know I won't be around at auction end time. “They know, or should know, that bidding at the last second does nothing.”

Well I think it’s really quite simple actually.

By bidding at the last moment you are not tipping your hand.

Even though the auction extends for 4 minutes there is always the chance
the other bidder(s) may not be around to bid against you and you can win.

By bidding earlier you show your intentions and force the other bidder(s) to take action thereby raising the auction selling price.

When I bid on eBay, I use an auction sniping service for that very reason.

When I bid on Godaddy’s expired domain auctions I do the same unless I know I won’t be around at auction end time.

]]> By: matt brown http://www.dnunderground.com/09/30/the-underlying-factor-of-domaining-and-selling-websites-part-i/comment-page-1/#comment-4642 matt brown Thu, 01 Oct 2009 17:01:56 +0000 http://www.dnunderground.com/?p=325#comment-4642 they think it is like ebay & are trying to snipe each other... Best, Matt they think it is like ebay & are trying to snipe each other…

Best,
Matt

]]> By: Huw Williams http://www.dnunderground.com/09/30/the-underlying-factor-of-domaining-and-selling-websites-part-i/comment-page-1/#comment-4638 Huw Williams Thu, 01 Oct 2009 14:49:06 +0000 http://www.dnunderground.com/?p=325#comment-4638 Maybe they've been using too much eBay :) There's a similar mindset at SnapNames .. Maybe they’ve been using too much eBay :)

There’s a similar mindset at SnapNames ..

]]> By: Anonymous http://www.dnunderground.com/09/30/the-underlying-factor-of-domaining-and-selling-websites-part-i/comment-page-1/#comment-4635 Anonymous Thu, 01 Oct 2009 13:23:53 +0000 http://www.dnunderground.com/?p=325#comment-4635 "....each bid extending the auction another 4 hours." maybe they are just hoping the other one falls asleep ? :) “….each bid extending the auction another 4 hours.”

maybe they are just hoping the other one falls asleep ? :)

]]> By: Anil http://www.dnunderground.com/09/30/the-underlying-factor-of-domaining-and-selling-websites-part-i/comment-page-1/#comment-4631 Anil Thu, 01 Oct 2009 10:38:40 +0000 http://www.dnunderground.com/?p=325#comment-4631 My guess is that there may be all following three reasons (not just one or two) 1.They don't want to lose your domain name AND 2. Their budget is small and both parties are looking for minimum possible price (as they both think bidding early will inflate price and it may go out of their budget ) AND 3. Doing so they both from their side think that opposite party may give up OR accidently miss bidding opportunity before auction end. My guess is that there may be all following three reasons (not just one or two)

1.They don’t want to lose your domain name
AND
2. Their budget is small and both parties are looking for minimum possible price (as they both think bidding early will inflate price and it may go out of their budget )
AND
3. Doing so they both from their side think that opposite party may give up OR accidently miss bidding opportunity before auction end.

]]> By: Anonymous http://www.dnunderground.com/09/30/the-underlying-factor-of-domaining-and-selling-websites-part-i/comment-page-1/#comment-4627 Anonymous Thu, 01 Oct 2009 03:42:26 +0000 http://www.dnunderground.com/?p=325#comment-4627 My guess is your buyers are both dedicated to getting the cheapest possible price, but as you said, we'll never actually know what's going through their mind. My guess is your buyers are both dedicated to getting the cheapest possible price, but as you said, we’ll never actually know what’s going through their mind.

]]>