Sedo's New Bidding System

[SedoCoUk]

Hello from Sedo!

We've just introduced a new bidding process to make it easier for buyers to place an offer on your domain names.
This should be especially true of first-time buyers who are new to the bidding game!
We hope that the new system will increase bidding activity and lead to more sales of your domains!

Since this is a brand new feature there are likely to be ways that we can further improve it-- we would appreciate your comments on the new feature and any constructive criticism.
Please send it directly to our CEO Matt Bentley at matt AT sedo.com.


Kind Regards,

Nora Cotter
Key Account Manager
_______________________________________________

sedo.com :: Buy and Sell Domain Names and Websites

tel +49 (221)-420-758-287 :: fax +49 (212)-202-3951
email: nora@sedo.com :: url: www.sedo.com

_______________________ :: make a name for yourself.

[seeker]

congrats!
anything that helps us get more sales is always welcome.

Do you have a demo or example of how this works?

[paymaster7]

Ah! I like it a lot. Good idea!

[dvdrip]

I think the minimum bid should be at least 100.
$60 is a "loss" sale.

[SedoCoUk]

Hi Dvdrip,

Minimum bid is dependent on the eventual minimum sales commission.
ie. the commission on the sale of a .com is min. $50, hence the min. bid would be $60
the commission on the sale of a .co.uk is min. $100, hence the min. bid is $110

The currency depends on the currency specified in the listing.

Kind Regards,

Nora Cotter
Key Account Manager
_______________________________________________

sedo.com :: Buy and Sell Domain Names and Websites

tel +49 (221)-420-758-287 :: fax +49 (212)-202-3951
email: nora@sedo.com :: url: www.sedo.com

_______________________ :: make a name for yourself.

[dvdrip]

What I am saying is that most registrars charge $10+ to register a domain.
If you accept a $60 offer you are actually losing money.
Even with a $6.50 registration, the $3.50 profit is a joke cause you will spend too much time with the transfer so eventually it will be a loss.

I guess it is the same for Sedo if the sale is $60 or $500 but you have to think of your clients too. Also it would be nice if the buyers could see that when they make a $60 offer, $50 goes to sedo.

Hi Dvdrip,

Minimum bid is dependent on the eventual minimum sales commission.
ie. the commission on the sale of a .com is min. $50, hence the min. bid would be $60
the commission on the sale of a .co.uk is min. $100, hence the min. bid is $110

The currency depends on the currency specified in the listing.

Kind Regards,

Nora Cotter
Key Account Manager
_______________________________________________

sedo.com :: Buy and Sell Domain Names and Websites

tel +49 (221)-420-758-287 :: fax +49 (212)-202-3951
email: nora@sedo.com :: url: www.sedo.com

_______________________ :: make a name for yourself.

[skylight]

not sure what's the new bidding process. it seems the same and i still cant cancel negotiation the first time i receive an offer.