GoDaddy releases a new domain valuation tool and some interesting stats!

GoDaddy released a new domain valuation tool. The new GoDaddy Domain Appraisals are still in best testing.

GoDaddy is launching a new domain valuation tool and wants to help people determine the value of their domains.

GoDaddy can appraise domain names from any registrar, and they claim to have the best accuracy with common, English language-based domains.

GoDaddy will eventually have the resources to appraise entire domain portfolios. GoDaddy does not appraise developed websites, but they can provide a domain appraisal for any domain, regardless of any website attached to it. In short, they do not take the developed website into account, they only predict the sale price of the domain name.

Here are some stats that GoDaddy shares:

  • Number of domains under GoDaddy management: 73 million
  • Their estimated value: $36.6 billion
  • Estimated value of U.S. domains managed by GoDaddy: $26 billion
  • Estimated value of international domains managed by GoDaddy: $10.6 billion
  • GoDaddy’s average selling price for domains sold this year: $2,344

So the average domain name that is registered at GoDaddy is worth about $500 according to GoDaddy.

 

I wasn’t happy with the crappy appraisals next to the domain names that are being auctioned at GoDaddy auctions so I am certainly not happy about this tool. I haven’t made some serious testing so far but I tried 5-10 domains. Initial results were a disaster.

I will do some more testing but automatic domain name appraisals is something I never believed in since 2002 when I started domaining. I will need a monster of an algorithm to slightly change my mind and even then I will only use these appraisals for fun.

 

Sold.Domains

About Konstantinos Zournas

Konstantinos studied Computer Engineering and Computer Science in London and lives in Athens, Greece. He works on domain names, websites and software development. Has been online since 1995 & domaining since 2002.

10 comments

  1. The problem here is we know it’s for fun, the general public does not. It will hurt aftermarket sales
    when your valuation shows below your BIN price. Godaddy customers will use these valuations as
    leverage and it will cost us sales.

    • No worries. It’s not even integrated with their own marketplace. You can check any domain listed for sale at Godaddy and it will send you to “Domain Buy Service”

    • Given the number of domain sales & auctions GoDaddy handle they probably have as good a chance as any of giving a reasonable guess.

      But like everything – its worth what somebody is willing to pay for it!

  2. The link appears to 404 for me – “Whoops! Looks like you’re lost”

  3. Hello Konstantinos,
    The Myth that other factors than FINAL SALES RESULTS,can accurately be telegraphed before hand, CONTINUES. Is someone trying to influence pricing mechanisms ?
    Speaking of Foolish, Godaddy is sitting on a fortune in ( .COM Equimoditty Platform Assets ) Do they really know the power they now possess ? Hardly !
    We are predicting the future will Brand them as clueless.

    What do we mean by Foolish? The Highest and Best use of the ( .COM Equimoditty Platform Assets) , are most definitely Outside the Googleopoly. This is a Key Strategic Misunderstanding of the ( .COM Equimoditty Platform Assets Class) JAS
    Gratefully, Jeff Schneider (Contact Group) (Metal Tiger) (Former Rockefeller IBEC Marketing Intelligence Analyst/Strategist) (Licensed CBOE Commodity Hedge Strategist) (Domain Master )http://www.UseBiz.com

    • Hello Konstantinos,
      The problem of basing (.COM Equimoditty Platform Assets) on Comparables is that ( .COM Equimoditty Platform Assets) because of their Unique one of a kind Creation , Aspects , that have no peers to compare with. Remember they are not only rare , but have no equals ! Why do you think the High end Institutional money is now coming to the ( .COM Equimoditty Platform Assets ) Table at an ever increasing velocity. JAS
      Gratefully, Jeff Schneider (Contact Group) (Metal Tiger) (Former Rockefeller IBEC Marketing Intelligence Analyst/Strategist) (Licensed CBOE Commodity Hedge Strategist) (Domain Master )http://www.UseBiz.com

      • Hello Konstantinos,
        Another large pool of India Money is now entering the ( .COM Equimoditty Platform Asset Class ). Google/Alphabet is heavily promoting New TLD adoption in India as we speak. This will create a natural DEMAND for the Strategically Superior ( .COM Equimoditty Platform Asset Class ) JAS
        Gratefully, Jeff Schneider (Contact Group) (Metal Tiger) (Former Rockefeller IBEC Marketing Intelligence Analyst/Strategist) (Licensed CBOE Commodity Hedge Strategist) (Domain Master )http://www.UseBiz.com

  4. It appears to be using multiple data sets.

    I ran about a dozen of my own domains through its appraisal tool. Very accurate for domain investors. A bit low for end-users. But I was pleased with the evaluations. Much higher than estibot.

    75% of my portfolio is .com. 12.5% is .me. 7.5% .org. The rest: .io, .co., info. , .net.

  5. Hello Konstantinos,

    We feel Godaddy is doing a professional disservice to aspiring New Online Businesses, by referring clients to Google?Alphabet SEM based Marketing.
    Rick Schwartz, understood the economic ramifications of new TLDs being introduced, and that the only people the new TLDs benefited were Search Engine Marketing Advocates Only. The new TLDs are totally dependent on the Search Engine Market platform for any minor relevance they enjoy. As anyone who has studied our Marketing Intelligence reports should know by now, The highest and best use of new Tlds is for their ability to be manipulated by S.E.M. Algorithms for the S.E.M. Platforms proprietary Manipulation for their own Profit.

    Gratefully, Jeff Schneider (Contact Group) (Metal Tiger) (Former Rockefeller IBEC Marketing Intelligence Analyst/Strategist) (Licensed CBOE Commodity Hedge Strategist) (Domain Master )http://www.UseBiz.com

    • Hello Konstantinos,
      The Internal New Start-ups failure rate within the Google/Alphabet SEM Model Platform , have had a Staggering Effect on New Startups on a Global basis. JAS

      Gratefully, Jeff Schneider (Contact Group) (Metal Tiger) (Former Rockefeller IBEC Marketing Intelligence Analyst/Strategist) (Licensed CBOE Commodity Hedge Strategist) (Domain Master )http://www.UseBiz.com

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