Advise on Simplyauction.com

Discussion in 'Appraisals' started by azman, Aug 8, 2006.

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  1. #1
    I know its a long name but any ides on the value of this domain and some of the other TLDs of simplyauction.

    thanks
     
    azman, Aug 8, 2006 IP
  2. aaron_nimocks

    aaron_nimocks Im kind of a big deal Staff

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    #2
    Not to rain on your parade but I would say $10.

    Ill explain.

    My first site I ever made was a free online auction site. I learned through many of hours of work and too much money that it is stupid to compete with eBay. Making an auction site is like making a search engine.

    But I guess you could sell it to people that dont know any better and want to try to make an auction site. The only way to make any money with an auction site is through a niche. But the domain name isnt nichey.
     
    aaron_nimocks, Aug 8, 2006 IP
  3. MrFusion

    MrFusion Peon

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    #3
    Domain again by itself is not valuable in my opinion. It is what your idea for it is. SimplyAuction.com would find value for maybe a software developer looking to publish maybe a software script?

    Value from a domain real estate point of view $0-regFee
    Value from a developer point of view - $mid xx - mid #1xx
     
    MrFusion, Aug 8, 2006 IP
  4. azman

    azman Peon

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    #4
    Realistically speaking, it would be very foolish to compete with EBay although there are other online auction sites that are taking a little market share from EBay. The biggest problem I found with my website was attracting sufficient numbers of potential buyers to keep sellers interested enough on a long-term basis. In order to do that requires big advertising budgets. As for niche marketing, equipmentauction.com sold for 14,000 US$ recently on moniker which are fairly simple generic terms.
     
    azman, Aug 8, 2006 IP