Time to kill off sedo

[websaway]

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!

What about big sales if you are lucky enough to sell a £150000 domain you pay £22,500 just for putting it on sedo's site and the seller would have probably found the domain owner anyway. Bigger sales should be on a sliding scale unless sedo take an active part in finding the buyer, and the name isn't pointed at sedo. And how do you find a fixed price for a domain the whole object of putting it up for sale is to test the market. If you have a fixed price you might aswell put the price on a landing page in big text and pay no commision.

 

[foz]

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.

Fix price 9,000 .uk domains would be a tall order. If you did do that you may price them to high (turning away sales) or selling to short by making pricing mistakes on your gems.

I'm not convinced on the Sedo parking program. The new pricing policy isn't going to make me park with you.

 

[Pred]

What about big sales if you are lucky enough to sell a £150000 domain you pay £22,500 just for putting it on sedo's site and the seller would have probably found the domain owner anyway. Bigger sales should be on a sliding scale unless sedo take an active part in finding the buyer, and the name isn't pointed at sedo. And how do you find a fixed price for a domain the whole object of putting it up for sale is to test the market. If you have a fixed price you might aswell put the price on a landing page in big text and pay no commision.

BINGO

so, when are others going to vote with their feet?
i have

 

[foz]

Iv'e decided to give Afternic a trial. I will be diverting all leads in a few days. Sedo on itself only generates 5-10% of these.

Two factors in the move, a few disputes over payments from Sedo (unresolved but closed down by Sedo) and Sedo new pricing now no different to Afternic.

 

[jasman]

It is little surprise that a number of acorners have dropped sedo after this news.

If there were an Acorn-wide boycott to demand the previous commission structure do you think it would impact them heavily enough to reconsider? Surely collectively we comprise a significant chunk of the .co.uk market and if we stuck together we would all stand to benefit.

 

[willbon]

....edit!

So Sedo want 10% of the .co.uk... not too bad.... but if the pricing is 10% cheaper on my own site, I wonder how many people will use Sedo....

Also... £140 minimum commission on lesser domain extensions..... nobody surely will want to pay that on a £300 domain.

 

[Admin]

Just had a Sedo email:

When you list a domain for sale, that domain is automatically promoted across Sedo’s Domain Marketplace, including the SedoMLS Promotion Network, where eligible.

Commission prices for domain sales are now determined by the promotion channel through which a sale originates and range from 10% to 20%.

Admin

 

[Brassneck]

SedoMLS would be an innovation bit it doesn't apply to UK Domain names and I think you have to put them all as Fixed Price also.

My impression is that .uk doesn't look to be a major part of Sedo's strategy going forward. Happy for Sedo staff to come on here to explain otherwise........

Stephen.

 

[foz]

If there were an Acorn-wide boycott to demand the previous commission structure do you think it would impact them heavily enough to reconsider? Surely collectively we comprise a significant chunk of the .co.uk market and if we stuck together we would all stand to benefit.

.uk is only 6% of Sedo total sales (or thereabouts - single digit) so we wouldn't have them shaking in their boots with cries of please come back.

 

[Pred]

time to turn sedo into NOTW

 

[TinkyWinky]

Yep got same email - screw that... I will move the 1500 or so domains I think I have parked there... I get almost nothing for them through parking and am not going to be bullied into fix pricing just to get a slightly lower commission when I get the occassional sale.

TW

 

[sedo]

Sedo is an extra sales channel so deleting names would mean you lose this extra promotion for your names. We are not forcing you to fix price your domains. We are merely suggesting you do so to make it easier for end users to buy domains as research clearly shows that this is their preferred method of purchase.

If you don't fix price your domains and stay at make offer you will get a choice to counter offer. You can take into account the extra commission with the counter offer so it is entirely up to you what price you sell at.

If you fix price your domains you can still have a line of text on your layout to contact a Sedo broker for negotiations.

All domains even .co.uks will be promoted through the MLS registrar network whether they are fixed or not. The registrar and the pricing method will determine how they are purchased i/e immediate or through the normal transfer process.

 

[rob]

Hi Sedo,

As you have dodged the VAT questions more times than its probably best to mentioned, perhaps you can help!

Sedo have said there is more 'potential in a Bin Laden name than the Japanese tsunami' , I was wondering if there are any current events you would suggest regging along those lines?

Cheers
Rob

 

[namealot]

There are a number of similarities with sedo and notw take there “new domain pricing index” some might say its useless and not worth printing much like notw... But for swatting flies, putting down for puppies , packaging for boxes etc I have not found another paper or pricing index so suited as either of them...

 

[mat]

Just recently I had an offer on one of my domain names at Sedo, we haggled it out for a bit and eventually I accepted his "final offer"

Anyway….. Still no payment from him and no help from Sedo. I did message the transfer agent but got a generic type reply. There is no way for me to find out the buyers details so I guess the name is going to be sat in limbo for a few months while Sedo send out automated emails every week.

I really don’t see a point in the Purchase and Sales Agreement if it never gets enforced.

 

[websaway]

Just recently I had an offer on one of my domain names at Sedo, we haggled it out for a bit and eventually I accepted his "final offer"

Anyway….. Still no payment from him and no help from Sedo. I did message the transfer agent but got a generic type reply. There is no way for me to find out the buyers details so I guess the name is going to be sat in limbo for a few months while Sedo send out automated emails every week.

I really don’t see a point in the Purchase and Sales Agreement if it never gets enforced.

Ask them for the buyers name and address.

 

[Brassneck]

All domains even .co.uks will be promoted through the MLS registrar network whether they are fixed or not. The registrar and the pricing method will determine how they are purchased i/e immediate or through the normal transfer process.

Can you explain a bit more about this?

When I log into my account it says " TLD not supported by SedoMLS ", (see http://sedo-us1.custhelp.com/app/an...he-requirements-for-participation-in-sedomls?) and in any case I thought you had to have your domains registered with one of your premium registrars also (http://www.sedo.fr/uk/sell-domains/sedomls/?tracked=&partnerid=&language=es) . That doesn't help if you are a Nominet Registrar in your own right like most of the UK domain portfolio holders.

So how do I list my names with the SedoMLS?

Thanks
Stephen

 

[bensd]

I took my domains off sedo for 6 months and tried another service; not one sale, since I have put them back on sedo I have had 2 sales - both paid for within hours.

For all sedo's faults I do think it offers a level of security and trust for a buyer which they don't always have if they are dealing with you directly.

 

[foz]

If you don't fix price your domains and stay at make offer you will get a choice to counter offer. You can take into account the extra commission with the counter offer so it is entirely up to you what price you sell at.

If you fix price your domains you can still have a line of text on your layout to contact a Sedo broker for negotiations.

All domains even .co.uks will be promoted through the MLS registrar network whether they are fixed or not. The registrar and the pricing method will determine how they are purchased i/e immediate or through the normal transfer process.

Seems a commission penalty to not fix price. After-all the transfer agent spends the same time and resources on the transfer process regardless of buy now or offer?

What MLS Registrars do you have in the UK market?

Doesn't the buyer have to pay for a Sedo broker?

 

[rob]

Doesn't the buyer have to pay for a Sedo broker?

If the buyer is paying for the broker, whos interests does the broker have?

I am guessing its not the domainer....!