Time to kill off sedo

[Pred]

Foz you must have it in your settings not to report your sales
i requested this as standard unless there was one i wanted to report for whatever reason, then you can contact them

i sell almost exclusively on my sales venues so release that data to get more exposure for ME and my sales sites, not sedo or any other

however, they have the cheek to charge an additional 2.5% to buyers NOT to release sales prices if they want to keep quiet. thats a chunk of change if a million dollar sale

quote:

Additional fee if buyer requests non-release of price and domain record

http://www.sedo.com/us/about-us/price-list/


2.5% of sales price

 

[foz]

Why?

It costs REAL MONEY - lots of it - to hire a sales force, to snail mail out custom sales proposals and respond to enquiries, to hit the phones to drum up interest in a domain, to take out targetted ads in relevant niche publications and on category-specific websites, and to do all the other things that a truly PROACTIVE brokering service would have to do in order to drive sales volumes and create end-user interest where currently there's none.

That's probably why nobody's doing it at the moment, but if there's a hole in the market it's what I've identified above, not something to sell low-end domains (for which there's alreay Acorn, DL, Afternic, Sedo, eBay, NamePros, DNForum, A4U, etc. etc.)

Sedo is the eBay/Gumtree of domaining, but there's potentially a need for a Christies or a Sotheby's.

The selective process for a start. A Sotheby's type wouldn't even want .uk on its books. It would be .com all the way.

If you did have a premium after-market site it wouldn't cater to the masses and that's where the volume is.

Having an aftermarket site that caters to all with perhaps a premium section would be the only viable way in terms of turnover (volume) to have any chance of success.

I wouldn't class Sedo as an Ebay. Sedo volume would far exceed what Ebay do.

 

[foz]

Do you think having perspective buyers have to make there offer in USD puts them off at all?

Yes. £ for UK buyers is a must. It reflects that the seller or broker is familiar to that market.

 

[foz]

Foz you must have it in your settings not to report your sales
i requested this as standard unless there was one i wanted to report for whatever reason, then you can contact them

I don't think so (I cannot see any "settings" in my account), nor have I ever been charged.

I just think Sedo are very selective in what they release.

 

[foz]

.co.uk only represents 6% of Sedo business.

94% of sales are sub US$5,000.

http://sedo.com/fileadmin/documents/pressdownload/Q1_2011Market_Study.pdf

 

[inbound]

Back to sedo...

The whole idea of percentages is that as sales increase you get more revenue - hence increasing the percentage is retarded from a PR point of view. If they expect the new measures to work then they should be rewarded by the increase in sales... If a company can't figure that out, or stick to that, then have no faith in their ability to deliver.

 

[Pred]

I don't think so (I cannot see any "settings" in my account), nor have I ever been charged.

I just think Sedo are very selective in what they release.

i know so
over a certain amount it will get released. for their own pr and certainly to dnjournal in their lists
however if the buyer paid an extra 2.5% it won't get released
sellers have a setting or can request no sales are released
yours may have just had that as a default possibly

ask sedo

 

[Borris]

P.S: You can select that Sedo 'for sale' lander via your CP.

- Rob

Where is the setting I have had a look but can not find it anywhere??


Never mind I am a noob just found the setting plus lots of other interesting settings to play with

 

[Pred]

sedo account officially closed down
damn that was satisfying
like taking a huge dump :smile:

 

[viceroy]

Adsense Parking?

I was with sedo for the best part of a year and had no offers as well as made min euro cents, all sales have been private after buyers saw a parking page and contacted me through the whois. Moved to adsense parking (you can opt for a sales link to your sales site) and now everything is under a familiar roof? I don't do enough buying and selling to warrant the sedo hassle and lack of comms (2 tickets went unresponded). surely adsense parking is fine (but basic) or am i missing something?

 

[Alien]

sedo account officially closed down
damn that was satisfying
like taking a huge dump :smile:

 

[Brassneck]

I've removed all my domains from parking, but still have them listed as it is after all another possible sales opportunity. Having said that, sales via Sedo are absolutely dire at the moment at a time when direct approaches etc are holding up well.

Can't see Sedo lasting much longer in its current form.

Stephen.

 

[Bailey]

I can understand individuals not wishing to deal with Sedo but lets be honest they are no different to any other opt-in service. I'm not a great admirer of their service but anyone choosing to ignore their million Dollars + plus sales every month is just closing down avenues.

To me this thread has taken on a similar vain to someone complaining about the state of their local bus service - refusing point-blank to use them (and why not) but having two cars ready for use parked in the driveway.

If as individuals, have indicated, Sedo do only list part of their sales on DNJournal. then I'm even more impressed with what the actually achieve. They certainly fill-up Rons charts most weeks.

I think those that have been around domains for a good many years. have come to accept Sedo for what they are 'No More- No Less'.

I personally get pissed-off with the few "Low-ball" offers I receive from them requiring me to log-in to an unsed account just to view a £50 offer (I don;t list with them)

However, I was impressed to recieve a telephone message a couple of months from a chap call Hugo asking me if I would consider Sedo sales service on a account managed basis - I haven't replied. Maybe those that complain just find Sedo can't deliver sales where theres none to be found anyway

 

[rob]

Do you think they create sales?

Looking at what I have sold it is 90% end users typing in or finding the nice domain.co.uk and getting in touch.

Sedo cant even market their own auctions.

There is no value add if you can make a HTML page and use a free redirect.

 

[Bailey]

Rob - I think Sedos page layout, navigation, graphics, user facilities etc etc etc Are total shit - how can you be in this business as long as Sedo and survive with the quality delivered is beyond me. But, then lets be a little bit more investigative.

I've learnt that over the years we are still operating in a "fringe market" Why grab it by the horns and be totally exposed - (good job tlds let you go 10 years out on registrations me thinks)

Sedo are the most successful peripheral operator - Hard to believe they really don't know how to go high profile - I honestly think they got the drift.

 

[Edwin]

Sedo are the most successful peripheral operator - Hard to believe they really don't know how to go high profile - I honestly think they got the drift.

It could just be that if you're fishing with 20,000,000 hooks you're bound to catch a few fish even if you don't even bother to bait the hooks or fish in a particularly fish-rich part of the river.

 

[websaway]

I think the 15% bit is the hardest to swallow.

 

[sedo]

If you fix price and park which is the most successful way to sell your names then it is 10%.

Also minimum commission for domains at 300 Euros and under have had the minimum commission reduced to 50 Euros.

 

[websaway]

If you fix price and park which is the most successful way to sell your names then it is 10%.

Also minimum commission for domains at 300 Euros and under have had the minimum commission reduced to 50 Euros.

How do you know what to fix the price at ?

 

[tifosi]

If you fix price and park which is the most successful way to sell your names then it is 10%.

Also minimum commission for domains at 300 Euros and under have had the minimum commission reduced to 50 Euros.

You're missing the point *again*

Raising your prices in such a way is utterly counterproductive, especially with your rationalle.

Why not go the other way and reduce your fixed price to 7.5%?

Promote business not stifle & drive it away!

And 50E on 300E is 16.6* %. Not exactly the best of examples. The high minumum commission on small sales if one of the major reasons I'm not with you now. For small sales your proportionate commission is utterly unaccepatble. The straw that broke the camels back was a small sale which after your commission & would have been left with under £15 while you took £50! Ridiculous!