OnlineDomain.com Domain Name News & Opinions
According to TheDomains.com “Sedo has decided to stop reporting the total weekly transaction number and the percentage of buy it now transactions.”.
WOW. I didn’t expect that from Sedo. Or actually I did. I guess they don’t report the number of sold domains as well.
Are they so afraid of criticism and the truth that their number of sales is declining for years? Were their numbers total bs and pr (numerous reports of exactly $1m in weekly domain sales) so they worry that they may held accountable? Will they have tax issues in Germany? All of the above?
Just a month after my series of articles about the declining Sedo number of sold domains and they went ahead and did this now. They have completely eliminated any statistics from their weekly report. After deciding to only publish sales above $2,000 instead of $700 their weekly report only presented about a 3rd of the total claimed sales.
I guess some will blame me for that. I don’t really care. I am glad that Sedo reacted as they did so people see them of what they really are.
BTW if you look “closely” you may see most of the sub $2,000 Sedo sales. I guess Sedo doesn’t even know how its systems work.
Sedo had a website redesign yesterday that is simply a face lift of the pre-login pages. After you login into your account everything is the same. A brief look around revealed everything that needs to be updated is simply not updated. Their market trends section is stuck at 2013 and their New gTLD launch schedule is outdated.
Interested in learning more about Sedo? Here are the articles from last month:
Sedo: Number Of Sold Domains Is On A Steady Decline Since 2010 (Down 38,7%)
Sedo Cuts Me Off Completely! (Will Not Even Reply To My Emails)
Sedo Replied To My Email After 8 Days & Thinks We Were In Some Kind Of Partnership!
These are some older articles about Sedo:
Sedo Refuses To Help Me With My Legal Battle With Alibaba (Still waiting for a reply from their lawyer after 10 months.)
Is Sedo Oblivious? Sedo’s review of the 2012 domain year
Sedo’s legal liability – Sedo’s control panel parking optimization bug
Agree with everything you said. But one positive thing about Sedo is you don’t have to compete against tons of inhouse inventory like at Afternic. Would be nice to see them survive for that one fact alone.
Sedo has a great business, I mean considering they were one of the first sales platforms, they did not execute, and the godaddy deal was bad.
They still have a good business of making 15-20% on non tangible asset type sales.
They have to hold no inventory, what better business can you be in, they come off as rigid, I left sedo in 2011, for DNS, still have done about 6 figures worth of sales here, and there throughout the years.
I actually like their escrow better than escrow.com who have become very slow in closing, and paying out, and customer service.
People need to be greatful in this business, when you get 20% of someones asset without having to take a physical meeting, or moving anything physical, what more could you ask for?
Hello Konstantinos,
We applaud your openess and open access for all comments whether they are in agreement with your views. Thanks for keeping domainers informed of ALL views. Since the Google legions of supporters Money took over the Domaining Portal , it has been hard for Domainers to get the real truths.
Sedo has tried to rig Buy Now pricing to a 10000$ Cap Limit for their own profit, at the original Domain Owners Expense. Both Google and many others are pouring lobby money into the Blog community to suppress .COM Profit Centers true values. Google Sedo and many others are tampering with the FREE MARKET PRICING MECHANISMS of the .COM Asset Class. JAS 8/3/16
Gratefully, Jeff Schneider (Contact Group) (Metal Tiger) (Former Rockefeller IBEC Marketing Analyst/Strategist) (Licensed CBOE Commodity Hedge Strategist) (Domain Master http://www.UseBiz.com)
@Jeff, since commissions are fixed, wouldn’t Sedo profit more without the $10k cap? Is the premise that they would prefer to lose money just to spite domainers?
Also, I haven’t been keeping up with domain news lately…which bloggers have been caught taking Google’s lobbying money? Both Google and Bing yielded zero results on this. TIA.
Well Hello / John Taylor,
We find it very interesting you want to discredit , factual information you are not aware of. We sense you have no awareness of what we know. Interesting , lets chat
Gratefully, Jeff Schneider (Contact Group) (Metal Tiger) (Former Rockefeller IBEC Marketing Analyst/Strategist) (Licensed CBOE Commodity Hedge Strategist) (Domain Master http://www.usebiz.com)
Exactly. That’s why I asked for the source of your factual information that I’m obviously not aware of so that I could have a factual source to become aware of it.
Feel free to post it here in public so others may become aware of your factual information too.
Thanks.
Hello John Taylor,
We see you are only aware of news Media releases. This is fatal in making your own decisions. News Media Releases are always the last to know. You need better information that comes before the curve than after the curve Media Sources. Good Luck !
Gratefully, Jeff Schneider (Contact Group) (Metal Tiger) (Former Rockefeller IBEC Marketing Analyst/Strategist) (Licensed CBOE Commodity Hedge Strategist) (Domain Master http://www.usebiz.com)
@Jeff, since commissions are fixed, wouldn’t Sedo profit more without the $10k cap? Is the premise that they would prefer to lose money just to spite domainers?
In answer to your question : Sedo or anyone wanting to suppress any commodity price (Including Domain Valuations) would want to set the bar at valuations that are low and have little resistance in being acceptable to motivated sellers. This setting of fundamentally insecure valuations may set a pattern for others to follow. Bottom line, if this profit cap ceiling is adopted by the weak holders Sedo takes advantage.
When Sedo lifts this suppressing valuation model .COM Profit Centers have to go up (Increased .COM Valuations) These are Free Market Dynamics !l
Gratefully, Jeff Schneider (Contact Group) (Metal Tiger) (Former Rockefeller IBEC Marketing Analyst/Strategist) (Licensed CBOE Commodity Hedge Strategist) (Domain Master http://www.UseBiz.com)
Hello John Taylor,
In regards to your second question:
” Also, I haven’t been keeping up with domain news lately…which bloggers have been caught taking Google’s lobbying money? Both Google and Bing yielded zero results on this. TIA. ”
In answer to your question : If you do not already know this information, you need to follow us.
Gratefully, Jeff Schneider (Contact Group) (Metal Tiger) (Former Rockefeller IBEC Marketing Analyst/Strategist) (Licensed CBOE Commodity Hedge Strategist) (Domain Master http://www.UseBiz.com)
Thanks Jeff, that cleared things up. Btw, I noticed your domain name uses the .com TLD but says people should use .biz. Given all the new gTLDs available these days, isn’t .biz kind of “stale” compared to them?
Hello John Taylor,
In answer to your statement = ” Thanks Jeff, that cleared things up. Btw, I noticed your domain name uses the .com TLD but says people should use .biz. Given all the new gTLDs available these days, isn’t .biz kind of “stale” compared to them?
In answer to your statement = Your thoughts are rather illusionary ? We don’t see (.BIZ) anywhere in UseBiz.com ?? Which really makes us question ALL your Logic !
Gratefully, Jeff Schneider (Contact Group) (Metal Tiger) (Former Rockefeller IBEC Marketing Analyst/Strategist) (Licensed CBOE Commodity Hedge Strategist) (Domain Master http://WWW.UseBiz.com)
It’s not just Sedo the market for domain names is bust
The gTLDs have ruined it for everyone
Moved my domains from Sedo to Uniregistry.
Hello Domaining.pro
We are afraid you just made a huge mistake moving to Uniregistry. Frank Schilling (Googles acquired Poster Boy) and his history of taking advantage of Domainers is not the place for the really smart Money to trust.
We long ago boycotted Uniregistry and its Hording Tactics of keeping the best registrations for themselves, while releasing the Pidgeon Shit for Uneducated Google Advertisers and unsuspecting Domainers. For anyone interested in protecting their .COM property Assets, avoid Uniregistry, they have their mechanisms in place for acquiring your .COM Assets on the cheap.
Gratefully, Jeff Schneider (Contact Group) (Metal Tiger) (Former Rockefeller IBEC Marketing Analyst/Strategist) (Licensed CBOE Commodity Hedge Strategist) (Domain Master https://www.UseBiz.com)
Unfortunately, they are only concerned with collecting heavy fees. Just looked at their new design and domain landing page is not even connected with live auction link. Then what is the point of ordering 60$ direct auction if visitors can’t see the link at the landing page.
Hello Konstantinos,
All New TLDs have a huge disadvantage. Its called Google Ad Sense Marketing.
You will find that 99% of all Google Ad Marketing Agencies are Clueless about the superior Marketing Strategies that All .COM Profit Centers embody. They got it wrong thirty years ago and continue their flawed Marketing Strategies to this day.
They still don’t get that they lose their clients valuable Rustled Traffic within the Google Traffic Rustling Maze. Actually losing as much Traffic as they gain in the Google Ad System. Utterly Amazing to us that this is still being used by most Uneducated Online Advertising Agencies.
If their Online website owners knew the truth of the matter, they would be Furious.
There are two recipes for Online Business Failures:
1. NOT owning a .COM Profit Center
2. Using Google Adsense Marketing
Gratefully, Jeff Schneider (Contact Group) (Metal Tiger) Former ( Rockefeller I.B.E.C. Marketing Analyst/Strategist) (Licensed C.B.O.E. Commodity Hedge Strategist) ( Domain Master http://WWW.UseBiz.com)