Think You Started Domaining Too Late? Think Again. Why Sedo’s .ME Auction Represents Another Opportunity To Get In Early

Opportunity

I’ve heard it over and over again and frankly speaking, it’s just not true. What I’m talking about is new investors complaining that it’s too late to get started in Domaining, often followed by, “all the good domains are taken.” I hear this the most from new investors that for some reason have stayed laser-focused on blindly hand-registering domains they think sound good. I typically respond to emails like this with examples of why it’s absolutely not too late, but I always emphasize that with the wrong strategy you’ll miss-out on just about every opportunity out there.

One great example of opportunities that are available right now that won’t be available a year or two from now are events like the Sedo .ME auction that kicked-off this week. The .ME registry is auctioning off 188 .ME domains all with reserves under $500. If you look at some of the big sales going on in the .ME then you’d realize what an incredible opportunity this auction represents. Just last year three Domainers spent less than $6,000 between the three of them (yes, less than $2,000 each) and walked away with over $100,000 each with the sale of Meet.me for $450,000.

Good one and two word .ME domains are seeing plenty of traction in the startup space, here’s a few examples from this year:

  • Ethylotest.me sold for 11,500 EUR (~$15,000) just last month
  • Toys.me sold for just north of $5,000 in April as well
  • Train.me sold for $8,200 less than two months ago
  • Movies.me sold for $8,800 three days before train.me sold
  • Life.me sold for $17,450 a little over a month ago
  • Hotel.me sold for $25,000 in early March

These are solid sales and show the incredible value premium .ME’s have in the market. The auction going on right now is 188 premium .ME’s – this is another one of those opportunities. Now two years from now all the good .ME’s might be taken, the question is, did you buy one, two, or ten when you had the chance?

You can read more about my picks for the Sedo.me auction and if you’re ready to make some bids yourself you can join in the action at www.sedo.com/me.

(Photo Credit)

{ 10 comments… add one }

  • Vincent Jacques May 25, 2012, 7:41 pm

    I agree completely that it is not too late to get in. I was in and out early and now back in with a new start and already made several flips for profit and have developed several sites that have already made more money than I paid for them. Have a couple high bids in the .me auction too. Read, listen and learn. It’s all right in front of you. Thanks to folks like you who put the info out there for people to do this and make some money

    Reply
  • David May 25, 2012, 10:13 pm

    I totally agree with you Morgan! One thing I would love to see, is the .me registry do some very proactive advertising regarding the .me domain extension. It would also be great to see more articles from major publications about .me domains!

    I know the .co domain extension has had some major advertising,and I would love to see the same with the .me.

    Oh…I almost forgot! Bob Parsons, Mr. GoDaddy himself owns Bob Parsons.me

    Reply
  • Richard Saperstein May 26, 2012, 10:52 am

    Well I picked up a decent name for $7.95 last night thanks to Morgan.

    AccidentInsurance.me

    Reply
  • Uzoma May 26, 2012, 4:52 pm

    This auction by DOT ME is tantamount to a manufacturer selling to retailers; it’s not commonplace in a structured, legitimate industry.

    Domainers would be stupid to buy from them. It’s time to check these people.

    Stop kissing their asses.

    Reply
  • Ugh May 26, 2012, 6:27 pm

    @Richard – accidentinsurance.me .. Yougottabekidding .me

    There’s your name. A perfect bookend for your first one, and surely more valuable. .me will be a dead extension in 12 month and won’t revive until hacks become commonplace and supplant .com

    Reply
  • Seb May 27, 2012, 3:10 am

    “I still love all TLDs for development, but if you’re looking to buy and sell domains there really is nothing like .COM. Ask pro brokers like Toby Clements and they’ll agree and also tell you to stick with .COM and try to go with one and two-word names. This is where the liquidity is.”

    http://morganlinton.com/why-im-buying-two-word-coms/

    So…which one is it?

    Reply
  • Richard Saperstein May 27, 2012, 10:33 am

    I think people get too caught up with .com . Com will always be king and with that being said there lies the problem. As more and more people come onto the internet quality , AFFORDABLE, com’s starts to dwindle. Not everyone is going to have a $500,00k budget for a premium domain but they might have a $25k budget instead.

    Tld’s are a lot like cars. There are Ferrari’s, Bentley’s, Ford Trucks, Chevy Trucks, Sedans, big, medium, and small. That’s how the domain industry is and if you want to knock the small or middle class domains (tld’s) then others will prosper and that’s okay.

    So, IMO, I’ll continue to buy Com, Net,Info, .whatever, as long as there is a perceived value in them.

    Reply
  • Lara Mykhas May 29, 2012, 8:14 am

    I am brokering tested.me at the moment. Low budget. Call me via Brands-and-Jingles any time.

    Reply
  • .ME Of Course! May 31, 2012, 11:09 am

    Here go today’s results, all nicely summarised: http://thatis.me/~bNw$cI

    Reply
  • Lara Mykhas July 5, 2012, 4:43 am

    Tested.me and many more names are now on Sedo (live from 5pm today).

    Reply

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