Domain Shane’s Daily List of Domains at Auction for Sunday May 7th

May 07 2017

If you own a business that sells products or service you know that pricing is a huge determinate of sales and profits.  Finding the perfect price is the goal but its much easier said than done.   One, because most companies don’t know their true cost.  They may know their input costs but they don’t usually have a good grasp of costs once they factor in all costs from employee benefits to marketing and every touch and expense in the middle.  Sure it can be figured out if everything is documented but some expenses aren’t occurred until the process in underway.  Meaning that after the first year you realize your price is off.   And even if you know complete costs, most company have trouble with value.  Is it worth more or less than the margins you are hoping to achieve?  How much are your buyers willing to pay.  Companies will use focus groups and other data to try and figure this out as well.

It’s something I work on every day.   I never operate on margin.  I certainly have a margin I am trying to achieve as a final result.  But I know value of what I can get for each product and my goal is to get the product cheaper.  And we’re pretty cheap because we can grow it.   I’m competing against other stores that have to buy it in. So I can usually be cheaper and be much more profitable on the plants side.  The other products I struggle to compete.  Lowes is buying shovels by the truckload.  Miracle Gro cost them 1/3 of what I pay.  I can’t compete anymore.  I purposely sell only the higher end of those markets so I can at least have sales to people that are looking for the higher end products. I have zero chance on commodity type items.

Domains are completely different.  They are the exact opposite of commodity products.  There are some similarities. Figuring out pricing on your domains will yield you more profits.  But its not nearly as easy as commodity products.  It comes down to one person wanting it.  Instead of trying to price for thousands or millions of buyers.  You can find price points that work for certain types of domains but often you’re just not sure why one sold and others don’t.  Josh has done a good job figuring it out. Mike Mann claims he has (but what doesn’t he claim). Like any business, getting it right will make you rich.  Or at least richer. With domains the only way you know you got it right is by a sale.  Even then you’re never quite sure if it was high enough.  Here are today’s names.    Click for Current Price.  

Quote Of The Day  ” 

Domain Of The Day:   I think will undervalue this one.   Your smile and your teeth are some of your most important assets.  A dentist is exactly this. A tooth artist.  Especially if you have crowns or implants

Godaddy Domains That I Like With Multiple Bids     Fastest growing class of people .   And most have money.  21 year old name   Good name for contracting or landscaping.  18 years old  Good name for someone that thinks it is a big deal    all about the US at the beginning    You have to be a pretty accomplished person to be able to advise someone else in their life choices   Most bids on the GD board      A lot of different things called song boards.  One may want this some day   Words that are super appealing.  Professional but also easy    Its a real city.  I know.  I’ve been there   Not sure if vaping of any kind is smart but I get the value and why all the bids



Domains That I Like With One or No Bids Has a nice bid. Sounds like quality content and we all know that’s what makes you money on the net No bids. Nice name for stationary or anything office supply or writing related Already a product. Doing exactly what you would expect it to do with the name. Keep the water balanced Gay all the way I’m sure there are plenty of places to climb in Australia. Google results say there are Even better climbing in Europe. No bids Not that twitter publicity crap they try and sell me Best Brand EVER!!!!! no bids Not a bad brand for $12


Other Godaddy Domains With Bids


Some 6N.coms Getting Bids. Easily the best.  May hit four figures


Namejet Auction  Girls first name and that is usually good enough   Big boy domain.  Reasonable reserve  The kind of single word brands that are getting so hard to find   Great name. Ali should do well   Probably a better way to go being a general practitioner rather than a doctor.  Much cheaper education and still great pay.  And in great need.  Solid domain for this  Great name for a website with exactly this.  Not sure it has great value though  Said this a few times at church  Certainly memorable

Sedo  Two bids and met reserve near $100   Private purchasing.  Bitcoin will probably be a part of this   Nice keyword for a dot ai.  Met reserve at $250

Have a name at auction and need more exposure? Send me an emailI Charge $10 per name per day. We may be able to help. If you have an auction you want to promote, email us for details.*All names chosen by me, Shane . (ie you click through and purchase a name you like) or an occasional paid listing. Everything I say is based on my own research or is opinion. Do your own due diligence. That means look it up yourself if you don’t think the stats or my opinion is correct. I hand choose my names but I am paid to make this list by the auction houses, individuals that are auctioning names, and Godaddy affiliate links. Keep that in mind and only buy names that YOU think are good

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Outsmarting the Dumb, Outworking the Smart

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