Lucky strike : How I beat user ‘First’ on a NameJet domain auction

This past week has been outstanding, both for the number of sales and the results of domain acquisitions I achieved.

While no personal records were set, it’s still a representation of a healthy year almost halfway already. Domaining is far from dead, as long as one’s domain portfolio is diversified.

Domain sales have been strong, particularly since I incorporated outbound sales as part of my domain selling strategy. I will expand on this in a future article, to discuss the particular challenges that I faced, and overcame.

What I’m extremely happy about, is the acquisition of a stellar domain name that for obvious reasons I cannot disclose. It has become one of my best domain acquisitions to this date, at a tenth of the price that I was prepared to pay for it.

And yet, I somehow managed to not only get the domain cheaply, but I beat the notorious NameJet user ‘First’ in the process.

Some say it’s impossible, as ‘First’ is in fact a group of Chinese domain investors, pooling their money.

Fortunately for me, the auction closed on the same day that 27.com was auctioned on NameJet, and ‘First’ bid against himself – and the reserve – for a few hours, putting less effort in the secondary auctions.

I’m sure other domain investors had the same lucky strike, seeing ‘First’ neglecting to bid on auctions they participated in.

Going forward, it’s exciting being part of a domain community that retains its humanism. Ira Zoot’s plea for his dog has received plenty of responses, and I kindly ask that you contact him, if you want to help out.

Comments

  1. Why it is obvious that you can’t disclose the domain you won at a public auction?

    And why say it is a good sales week when you don’t say what you sold. It’s like all these brokers saying “I sold $5 million in domains this month” and they don’t list a single domain. Empty words without verification.

  2. Anticareer – You can take your doubting Thomas mentality to some other publication, I maintain a positive approach to business and blog about it.

    Time and again I’ve shared as much information as needed in order to maintain my strategy and revenue income intact, all while providing domain investors with my insight and established advice. I don’t need competition in what I do.

    You have quite the nerve to spew venom and question my statement even.

  3. Acro

    Firstly congrats on your auction triumph against First, that’s no mean feat my friend!
    Secondly, I agree with both yourself and Anticareer.
    It is your blog and therefore your prerogative to disclose or omit whatever details you wish, however, if you choose to not substantiate your claims it is not unreasonable that your readers might call you out on any statements you make pertaining to your domaining success, so don’t be offended if they do.

    Personally, I couldn’t care less whether you do or don’t offer any such substantiation to your disclosures. I only wish all of us success whether you sing it from the rooftops or keep it concealed.

    Peace!

  4. Leon – As much as I enjoy reading about sales numbers to form comparative analysis, I would be a fool to reveal which domains I sold to whom and for how much.

    Let’s just say that I’m grateful for the extensive marketplaces these days, the different outreach options and for the great business connections I’ve established.

    After 15+ years of active domain investing, I don’t seek nor need validation.

    My posts are meant to inform, educate and intrigue; also, to serve as a diary for my own sake.

    That being said, I appreciate your kind words, they are devoid of negative, malicious intent, unlike Mr. Anticareer’s prior.

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