Sedo, Afternic and Snapnames

Well – the results are very very clear now as to which site is best to do a listing upgrade with, and the winner is – Sedo! Frequentflier.mobi was listed as a featured listing on both of these sites, here are the results:

Sedo: 638 people viewed my listing
Afternic: 127 people viewed my listing

Hopefully this will help save people some time when deciding which service to go with. Please understand that I am not saying that Afternic is a bad service to list your domain. In fact, time and time again I’ve mentioned how I like their interface and site design much more than Sedo’s. However – the more people that look at your name, the more bids you will get, and the higher price your domain will sell for. So when looking at upgrading your listing it makes sense to go with Sedo as more people will see your name.

Onto my first .mobi flip. With 638 people viewing the listing – not a single person has bid on the domain! Initially I had set a fixed price however changed this to "Make Offer" about a week ago, but still no offer. My current thoughts are that .mobi’s must be in low-demand right now as you would think someone would put in an offer. Since I am new to .mobi I’ll continue to shop this domain around and post my results. Hopefully this will help other .mobi investors find the best place to sell their domains.

On a different point – I have decided to list 20 of my domains with Snapnames to give them a shot and provide my readers with some information about this service. Snapnames is great because you have a personal account manager (an actual human) who helps you set a price for your names, advertises the names, and ensures that the sale goes smoothly.

I have a great account manager who seems very motivated and excited about selling some of my names. I will keep posting about this on my blog so that other domain investors can learn about this service.

Also – I wanted to thank Ann for their warning about DomainSecondHand.com. I am working to get my money back from them now. This is a scam and if you look online you’ll see they’ve scammed a number of people. I only lost $100 – but am working now to get my money back. I’ll keep you posted on this as well. The Internet is a big place and I’ve found that sometimes you just have to learn the hard way! Thanks again Ann for letting me know about this and a warning to all of my readers to not be fooled by this service.

Until next time! Happy flipping!

{ 2 comments… add one }

  • Adam Gross November 28, 2007, 1:12 pm

    This is a great, thought-provoking series of posts. As director of marketplace products for NameMedia, owners of Afternic.com and BuyDomains.com, I have been keenly following this series.
    The page view comparison is fair, but you should also take into consideration the following:
    1. AfternicDLS (our domain listing service) offers sellers a choice to list their domains on either Afternic.com only (Basic Promotion) or on a package of Afternic.com, BuyDomains.com, and reseller partners (Expanded Promotion). You chose to list FrequentFlier.mobi using Expanded Promotion, which means that domain buyers viewed your listing on other sites besides Afternic.com. But the page view totals you are comparing are from Afternic.com only.
    Your post has, in fact, spurred internal conversations about adding Expanded Promotion page views to your total on your Afternic listing page. We’ve added it to our product roadmap.
    2. The page view total also does not include the number of times buyers saw your domain on the respective homepages. We recently revamped the Afternic homepage to give greater prominence to Featured Domains. If you compare Afternic’s home page to Sedo’s, you will see that the only other listed domains on the homepage are below the Featured Domains. On Sedo’s home page, four different types of domain name listings compete with each other. And its in a smaller font.
    Most importantly, you state that “the more people that look at your name, the more bids you will get, and the higher price your domain will sell for.”
    What I believe you’re saying is that the bottom line is results. And results are defined by sales volume and average sale price (ASP):
    + Sales Volume : According to the DNJournal, our market share was 47% and Sedo’s was 14% during the first six months of 2007.
    + ASP: Sedo has publicly stated that their Average Sales Price (ASP) is $600. Our ASP during the same time period was $1,764 with a median of $1,300.
    I’m looking forward to more great blogging from you. Would love to chat further if you like. And thank you for your nice comments about our user interface!
    Adam Gross
    NameMedia, Inc.
    agross (at) namemedia.com

    Reply
  • Morgan Linton November 28, 2007, 2:33 pm

    Adam,
    Thank you for all of this information. You make a good point – Sales Volume and Average Sales Price are certainly very important factors to consider.
    I might hypothesize that the quality of traffic received through Afternic is most likely superior to Sedo and thus raw traffic numbers don’t give the full picture.
    It is great to have people write-in that work for the companies I discuss. I think this shows dedication to the customer and this is appreciated by me and everyone else using your service!
    Best Regards,
    Morgan

    Reply

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