More Than One Possible End User Try an eBay Auction
eBay has just made news with some fee changes to the auction structure and that got me thinking about doing a domain auction ebay. When I was first starting in domaining I sold some of my domain names on Ebayand other things on eBay but after I learned more about domain names I stopped selling Domain Names for Sale on Ebay
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I have a few small domains that I would like to get mid $xxx to low $xxxx for and I have a list of a group of potential buyers and end users for each. I am going to use eBay as the auction house for a few reasons.
1. eBay is very well known and respected. Many endusers have no clue what Sedo, or Snapnames is and they may not trust it.
2. I have a very good feedback rating on eBay and that adds to the trust factor.
3. eBay and Paypal are easy to use and it make the buying process easy for the buyer.
4. The fees on ebay are only 9% with a max at $25 max fees you can pay. I am not sure the exact fees at other auction houses but this includes ebay and paypal handlingthe escrow so I think overall it is a good rate.
I hope that the auction goes well I am in the process of writing my emails and starting the auction. I think I am going to have the auction start before I send the emails.
If this goes well I may look at doing more on eBay using fixed price listings and make an offer prices. I really like the trust factor and recognition that an eBay auction brings to the table.
What do you think?
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7 Responses to “More Than One Possible End User Try an eBay Auction”
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February 2nd, 2010 @ 9:50 am
Good idea, good luck with your listings. I think that a large portion of end users with small businesses or ideas for projects are still in the dark about domain names. Then when they go to register one and it’s not available, they give up.
I think eBay is a good way to help legitimize the process.
February 2nd, 2010 @ 10:06 am
Good luck, and I hope you provide the results.
February 2nd, 2010 @ 10:23 am
Very compelling argument. Just one question, what kind of users buy domain names on eBay? Are they domainers or just wannbe domainers?
February 2nd, 2010 @ 10:30 am
Best of luck with the auction. Even though ebay isn’t ideal for domain sales (lack of integrated escrow / payment concerns), it’s probably the only auction site most end users have heard of. And having a great ebay feedback rating always helps
One suggestion. You might want to set the auction to the max possible duration and consider contacting your most targeted end users before the auction goes live to give them some advance notice.
Sometimes even a 10 day period isn’t enough for some end users to make a decision and it’s no fun getting a $x,xxx offer a few weeks after selling a name at reserve after a one bidder auction – don’t ask me how I learned that one
You might also want to set a high buy now price and attach lots of screen shots – e.g. Google results, PPC advertisers and keyword stats or Google shopping screens if relevant.
If the domains are currently parked, I’d move them to Whypark – since their ‘sites’ tend to have more credibility (in an end users eyes).
February 2nd, 2010 @ 3:19 pm
I think your title makes no sense in relation to your post and in just reading it, it’s poorly worded English, but good luck selling on eBay.
February 2nd, 2010 @ 8:29 pm
Brian,
Best of luck to you! It will be really interesting to hear about the success of your auctions.
Best,
Ian
February 9th, 2010 @ 1:05 am
Good luck but be aware of some bidder. Some of them buy but never pay. I had this twice.
Good luck again