It’s Been A Big Month

Happy Face DFCSitting here on Sunday morning about to start writing a “BIG” article for tomorrow. (You won’t want to miss this one – trust me when I say that!).

Expired Domain Auctions

It’s almost the end of the month, and I’ve managed to steer clear of the expired auction “drops”. My addiction is cured! 😀

Have obviously been watching them though. My observations are that (compared to prior months) the overall quality of expiring domains is way down; number of domains sold is down; and prices are down.

As for the drop catchers, Netfleet continue their dominance with their “Blind Bidding Platform” picking up most of the domains. Domain Shield hasn’t been as competitive as usual; and Drop seem to have absolutely no interest in really competing.

Business Goals DFCAftermarket Sales

I set out to sell 30 domains this month, so potential buyers that sent me half reasonable offers this month via my Fabulous landers have had a pleasant surprise. I’ve been doing deals at much lower prices than normal.

The other thing I did was push “terms deals” – let people acquire the rights to a domain name but let them pay them it off over some months (whilst giving them use of the domain from the start). For those that haven’t tried this sales method, you are missing out!

My best sellers have been “3 letter domains”; travel / geo accommodation domains; and real estate domains.

Currently I’m sitting on 23 confirmed sales for the month, and I have a number of negotiations still in play. I’m confident I will achieve my goal.

Acquisitions

Whilst not buying on the “drops”, I did privately acquire reputationrepair.com.au at the beginning of the month; and Mooloolaba.com.au a couple of weeks ago. Both very nice domains in my opinion.

Personal Stuff

My youngest son turns 18 on Tuesday; and he’s a fine young man with great prospects ahead of him.

My footy teams are both in the grand finals: West Coast Eagles in the AFL; and the Broncos in the NRL (though living in Townsville I do have a very soft spot for the Cowboys!) 🙂

Hope your month has been good as well!

5 thoughts on “It’s Been A Big Month

  • September 27, 2015 at 1:53 pm
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    I would have to agree with you about the AU drops this month. Interest and prices were down. I too completely steered clear of the dropping system, however I managed to score 3 good names by hand registration – which would have cost me nearly $300 had I bid for them!

    Although I don’t like the current Netfleet platform at all (read an earlier comment of mine about this a few articles back) I think it should be a transparent system with “overtime”. Making a dropping platform a “blind” system is unfair, relying on blind luck or greed, really. A winner scores the name by placing a random figure on Netfleet, which can allow them to win by pure luck. Or someone is so scared of losing it they are forced to bid over double the price than it is actually worth, thus being ripped off. I know new management is coming in, so hopefully the system improves, as too their customer support.

    Netfleet seem to secure the names approximately 90% of the time. Domain Shield is pretty good, and sometimes you can tell they really try hard for you and win the name, but DROP is pretty much a joke now. The only way DROP secures a name, seems to be if someone bids on Drop and nowhere else, and no one else bids on the name at all on any platform!

    • September 28, 2015 at 12:13 pm
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      The only “blind” may well be blind (and obviously misguided) faith that the operations are conducted in the manner purported

  • Ned O'Meara
    September 27, 2015 at 5:06 pm
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    Good comments about “blind” auction systems. Stay tuned – I have an article coming up about this.

  • September 28, 2015 at 10:08 am
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    Looking forward to this “big” article.

  • tim
    September 28, 2015 at 6:28 pm
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    we still need a “drop.com.au” system , given NF’s recent debacle and domain shields decision to not show any results we are totally blind and i just can’t see how this is allowed?

    whilst i have met anthony many times and trust him TOTALLY, neither FN or DS systems just don’t suit my “comfort zone”, but thats just me.

    i liked it how it was and i think it was much fairer back then.

    tim

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