Do you have a domain name that you don’t exactly know what to do with? Maybe its a domain name that you purchased a while back and wanted to develop but haven’t gotten around to it yet.
Or it could be a domain name that you hand registered because you had a good feeling about but haven’t been able to get any action when you listed it over at the big auction houses like Godaddy, Flippa, Sedo etc.
Well if you haven’t yet, we highly suggest you look into auctioning your domain name off over at the Namepros Domain Auctions.
Most of you reading this probably have done this already and think this is old news. Whatever, maybe it is but when I am excited a like to write about things. I also like to dance to a little Backstreet Boys when I’m excited but I thought this would be a little more productive to get my point across.
Since we are relatively “new” when it comes to domain names in general we have never experienced what it was like to put up an auction on Namepros. First off, there are rules that you must follow and if you don’t want your auction to be taken down. Just follow the rules. Read them here.
Basically here’s what we did and you should too if you want to get started with namepros auctions:
- Read the rules
- Look over successful auctions that are happening now
- List your domain name as the title of your thread
- List the most important selling points of your domain name
- Expiration Date
- Search Volume (if applicable)
- Search Results (if applicable)
- Starting Bid Price (Depends on your domain, so far we’ve been using $5 to start)
- Increments (How much more the next bidder must bid after the last bid is placed)
- Auction End Time (How long after the last bid does the auction end? 24 hours, 48 etc.)
- Payment (Paypal, Escrow, a 6 pack of Bud light)
Again, we didn’t make this all up. Plenty of it was in the rules and a lot was “mimicked” from other successful auctions we happened to learn from.
If you put your name up on Namepros and literally get 0 bids on it at a start price of $5, there is a good chance that your name is sh*t. Not every times but most of the time if no one in the entire domain community thinks your domain isn’t even worth $5, you need to re-evaluate what kind of domain names you are buying.
That is what’s cool about this though. Sure, you’re not going to sell your domain name at end user prices (relatively higher). Namepros is filled with domainers aka re-sellers. But it’s a great opportunity for you to see if you are on the right track. We’ve had names we thought were “ok” but others saw great value in them.
Let the market TELL you what you have.
And in this case, if they value what you have they will place a bid on it. Then more will bid. Then they will all fight over what your offering like your hottest guy/girl on the dance floor.
Ok, so whats the point?
- I like the Backstreet Boys and Nsync
- Give Namepros Domain auctions a shot if you haven’t yet
Want to watch what we have to say?
Got a question or suggestion? Let us know your thoughts below.