Here is Part 2 of my video interview with Victor Pitts, Vice-President of Sales and Client Services for Moniker.com. In this part of the interview we focus on professional tips on how to have a domain name accepted and sold at a live auction.
Hope you find it helpful,
Phil Craig
The Domainfest Snapnames.com Live Domain Name Auction Day 1 just finished.
I think it was smart to break the sale into 2 days. But, it might have been smarter to shorten the name list.
I noticed a significant decrease in the crowd after about the first hour and a half.
Surprising sales: MintCoins.com for $15,000;
JobFacts.com for $7,500.
A smart sale: the reserve price on ForexGuides.com was $1.00. It ended up selling for $4,000.
I shot some video of the auction and will post it when I return home.
I also shot an interview between Jonathan Mizel and I on domaining and Moniker.com Vice Presisdent Victor Pitts on Domain Name Valuation and Auction acceptance. I’ll get those posted as soon as I can.
Stay Safe.
Phil
I just checked into the Renaissance Hollywood Hotel and am looking forward to the start of DomainFest tomorrow.
Be sure to post a comment below if you want me to take a video one of your domain names being auctioned off.
Phil Craig
Who says three word domain names don’t bring in big bucks at auction? Not me. Check out this auction for the sale of ConcertTicketsOnline.com.
I want to make sure no one misses this video. Mickie Kennedy has made millions selling domain names. Check it out.
My experience as a lawyer and educator in the field of domaining (http://www.domainsintodollars.com) has shown me that there are three common mistakes beginning domainers make that sabotage their success in this business:
1. They don’t think about the source of domain name traffic;
2. They don’t take advantage of tasting and testing; and
3. They don’t think through the appreciation profit model.
Let’s explore these mistakes and hopefully prevent you from making them.
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