disarmed said:
Being LLLL investors doesn't mean that we are all from the same cookie cutter. Maybe sometimes things get too personal for comfort. Nevertheless, we should continue to treat this thread as a good platform for sales data and objective discussion.
Rep Sent!
italiandragon said:
Does it matter to bring down the minimun price of LLL.com at $500 ?.
I think that Italian Dragon is just frustrated with all the talk about minimums and is trying to illustrate a point. For example, if DVD's are on sale for"buy one and get one free", this does that mean that the minimum value of a DVD is $0. Or, if I were to throw in a domain at reg. fee because the buyer made a big purchase, it doesn't mean the domain is worth reg. fee.
Alex said:
Everybody questions the integrity of Snoop (but he bashes .biz, .mobi too), while nobody questions anything on the other side....
It's not that anyone questions their integrity. Some people just question their knowledge of the market. As far as I know, Snoop is into LLL.com domains and Ecalc invests in keywords or CCC.com domains. Yet, they spend lots of time trying to convince others to follow their views and advice when it comes to LLLL.com's and especially the minimum values. Most people would much rather take advice from Reece or another LLLL.com investor and often, their lack of knowledge in this marketplace causes people to question their posts. It's really nothing personal. Everyone has a right to their own opinions.
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My own complaints about this thread are that there are too many arguments about minimum values, premiums, etc., and not enough valuable discussions. Could you imagine a successful domainer like Rick Latona or Frank Schwartz running around stating the "sky is falling", the "sky is falling", everytime they saw a low sale? Nope, they'd swoop down and pick one up and enjoy it. Why not talk more about how to achieve the Maximum value out of your short domains. Also, talk about sales and marketing techniques for short domains.
IMO (In My Opinion for the Noobs)
1. There is NO minimum or maximum. A domain that sold for $22 at eBay, could sell for $150 on another venue. Or, if it was sold by a great broker, it could go for a couple thousand or more with the right marketing.
If a domain sold for less than it should have, I would blame the seller more than anything else. Some people are lazy, other's are inexperienced, some get in over their head and allow everything to drop so yes, their will be some good deals now and then. But, these deals are far and few between when you consider there are 456,796 LLLL.com domains.
2. You CAN'T LUMP single premiums with other single premiums, double premiums with other double premiums, triple premiums with other triple premiums, etc., and arrive at any real price. There are just too many possibilities to consider. For example the letters e,i,w,n, thrown together make 256 possibilities, and all 256 are "triple premiums."
(Note: all prices are just made up to demonstrate a point and based only upon the English language.)
wine.com $3,000,000
ewin.com $30,000
iwen.com $2,500
wein.com $1000
wien.com $1000
weni.com $1000
wnie.com $50
wnei.com $25
enwi.com $200
and 248 more possibilities to go...thus,
complaining that a triple premium sold for more than it was supposed to or less, makes little sense and the same goes true for single premiums and anti-premiums. Again, if it sold too low, it was more likely the fault of the seller who chose to sell that low.
3. There are NO BAD LETTERS. Around the world, different cultures prefer different letters. Some love Z's and Q's. So then why aren't they bidding on your qzsi domain at Namepros? Well it could be simply because your not advertising to the right crowd. Just because you can read "Low priced LLLL.com for just $29.95." Not everyone speaks great English, to lots of people your ad looks like this; XCVloi sdoindfs xdosinn ss zd ddok sdfoi xdcq aado0i. Or, your not approaching the right people. I doubt that qzsi.com Quality Zoo Supplies Inc. shops at Namepros. Or, you're selling too many similar domains at the same time which tends to devalue their uniqueness. Whatever the case, for people who go out and register thousands of domains that they don't know what to do with or how to market them, then to complain how hard it is to sell them. Why did you register them to begin with?
4. Big sales don't happen overnight. You could spend years waiting for one. Therefore
if your short on cash, spend less time complaining and worrying about minimums and put that energy into developing the domains you plan on keeping. Try to make your domains pay for themselves so you can have the luxury of keeping them as long as it takes, rather than selling too early and regretting it later. Those who held onto their LLL.com's over the years did pretty well. IF and only IF LLLL.com's follow in their footsteps, it might be best to hold onto them, rather than sell. But remember not to get in over your head. It's better to hang onto a few good ones, than have lot's of sleepless nights worrying about registration fees you can't afford to pay. Plan for the future, but live for today.
