auctions ETM Dot Com

[Biggs101]

Awesome 3-letter Domain. No Reserve.

ETM (.) COM

 

[Biggs101]

Update: 57 bids ($12,100)

 

[Biggs101]

Final Hours: Now at $13,100

 

[mxdominios]

it went very very cheap. seller paid 16,659 a few weeks ago http://www.dnforum.com/f617/etm-dot-com-thread-506805.html

i thought this would get sold for at least 20K

 

[Theo]

That's why listing such domains without a reserve, all while the acquisition cost is high, isn't a smart move.

 

[obadaz]

How much it closed ?

 

[mxdominios]

How much it closed ?

$15,955

 

[obadaz]

Let's see if the winning bidder will pay !

 

[Biggs101]

He will - just got off the phone with him

 

[jds626x]

That's why listing such domains without a reserve, all while the acquisition cost is high, isn't a smart move.

Auctioning off a highly-valuable name without a reserve is risky, but I think the risk here was calculated. Sure, this sale may have been a bit of a loser, but with wins like the games.com flip (among many others) and a firm knowledge of the market, a seller can afford to take more risk.

 

[mxdominios]

Auctioning off a highly-valuable name without a reserve is risky, but I think the risk here was calculated. Sure, this sale may have been a bit of a loser, but with wins like the games.com flip (among many others) and a firm knowledge of the market, a seller can afford to take more risk.

lol you sound like seller's brother or best friend. btw i think you meant games.info

 

[Biggs101]

Yes we did take a mini-loss with ETM.com - but it's 1 very small rock in an ocean of domain sales.

We move a serious amount of inventory each month, 95% of which is (highly) profitable. Why waste time/energy pondering over the 5% setbacks. It happens, we move on. Our model is churning out constant sales each week and that's what counts. But most aren't able to look behind the scenes (thanks for taking a peek jds626x) so they focus on that one negative setback.

75% of domain investors are investing at a loss / not profitable - so I think we're doing OK.

 

[Biggie]

Yes we did take a mini-loss with ETM.com - but it's 1 very small rock in an ocean of domain sales.

We move a serious amount of inventory each month, 95% of which is (highly) profitable. Why waste time/energy pondering over the 5% setbacks. It happens, we move on. Our model is churning out constant sales each week and that's what counts. But most aren't able to look behind the scenes (thanks for taking a peek jds626x) so they focus on that one negative setback.

75% of domain investors are investing at a loss / not profitable - so I think we're doing OK.

Hi Biggs

has this deal been completed?

if so, we can close this thread.

Thanks

 

[Biggs101]

The buyer is apparently needing another 10 days to make payment.
But no worries if you'd like to close the thread.

 

[Biggie]

The buyer is apparently needing another 10 days to make payment.
But no worries if you'd like to close the thread.

well, as is, the auction has ended and if you aren't taking any more bids, then continued "conversation" would be unfair to other threads in this section.

let us know the outcome.

Thanks