I got back last night from DomainRoundtable. On the plane ride home, all I kept thinking about was Contests.com. I had decided earlier in the day that I would not bid on it so I did not stay for the auction. I had made a prediction to Ron Jackson earlier in the day that I thought the name would sell for $400,000 which turned out to big a good guess since National A-1 bought it for $380,000. That does not mean the value is only $ 380,000. It just means that for this particular auction, the parties that participated in it set the price for purchase at $380,000. If the name was properly promoted, it would have went much higher ( or if I had stayed and got caught up in the bidding, it would have went much higher). A good comparison is Toys.com The original auction brought slightly over a million dollars. A properly advertised auction brought 5 times that.
My question for Yahoo is WHAT WERE YOU THINKING SELLING THIS NAME? It’s an amazing category name. I understand that you are probably shedding some of your “non core” assets, but when you start to classify these domain as such i have only one thing to ask — Please call me directly and let me know what other “non core” domains you would like to sell.
Daniel Dryzek
Buy when there’s blood in the streets.. 😉 National A-1 made another great investment.
Wednesday, June 17, 2009 – 05:11 PM
berkens
Larry
Strange that the domain appeared in the auction for the first time just a day or 2 before. You have to ask yourself, when did Yahoo decide to sell the domain and what made them basically throw it into this show at the last minute, without even putting out a press release, as opposed to submitting it to TRAFFIC in NY in October.
Wednesday, June 17, 2009 – 07:04 PM
Mike
This definitely shows that Yahoo is slowly moving out of its business.
Wednesday, June 17, 2009 – 07:18 PM
Anonymous
Maybe they needed to make payroll this friday lol
John
http://unplain.com
Wednesday, June 17, 2009 – 07:58 PM
larry
Mike,
When I saw it added last week I was surprised as well. Great buy for National A-1. I believe this is one name that would have to be built up properly to maximize. PPC is not going to cut it for a return.
Wednesday, June 17, 2009 – 08:25 PM
Hoteles
The price is probably about right today – but surley Yahoo could have held onto contests.com a bit longer or atleast marketed its sale more prominently
Thursday, June 18, 2009 – 05:36 AM
National
National A-1 replies to aknist every email concerning domains for sale.
Thursday, June 18, 2009 – 08:54 AM