Morning folks!!
Tip of the hat this morning to Rick Latona as he is putting in Shows.com with no reserve. THAT my friends, is an auction! That is what excitement is made out of. Trust the market to set the price. Allow the audience to compete for a GREAT domain name. I predict the bidding action will be the best in a long time.
In my mind there are two types of auctions. Auctions of desperation like a bankruptcy auction and auctions that sell things in demand and of value like an art auction. Too often we have looked like a bankruptcy auction as opposed to an art auction. Domains like this change that. Not having the great inventory was a product of a good economy. Great inventory is a product of this downturn.
Like I stated, I am not into pimping domains. However I will point out the obvious. Both Moniker and Rick Latona have domains that I believe will insure they both break the 7 figure mark and then some. They both have GREAT domains with NO RESERVES! This will PROVE to the industry that it is the VENUE that counts. That it is the inventory that counts. The audience that counts. Also, maybe they will stop blaming the economy for failed auctions. An economy like this makes auctions STRONG not WEAK! It brings gems and bargains to the market. So while the economy is weak, making the link to the past failed auctions are not linked. So don’t believe it for even a split second. Great domains at market prices will always bring sales and lots of bidding.
Have a GREAT Day!
Rick Schwartz
Francois
We own several high priced domains but the best performing regarding type-in and ppc revenue is a synonym of shows.com!!!
This is why I was very excited when Rick posted about the auction of shows.com
And much more when I read about the no reserve statement.
Yes, this is what make us all dream, the opportunity to bid premium domains of such caliber.
From the ones that can only afford to register new names to the ones playing with toys…, every domainer would like to try his chance, even if at the end only the most rich and motivated will get it.
But well, it’s the game and what’s make the difference between an auction where one is only a watcher with one where is an actor, one where no domains are really appealing with one having true gems.
Again,”Chapeau Rick!”
Lax
Hello Rick I saw alot of domains at Moniker for No Reserve for the upcoming TRAFFIC I have a list if you would like me to send it to you.Or I could post.It is a big list and I did not want to post it without your permission.Let me know.Thanks