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Downside Of Pricing Your Domains: Owner Of MediaLocker.com Gets It Snagged Overnight For $18,500...
Downside Of Pricing Your Domains: Owner Of MediaLocker.com Gets It Snagged Overnight For $18,500 After Amazon Announcement
Quote:
Last night I wrote about Amazon?s announcement that it was launching a service they referred to as a Media Locker.
Less than a few hours later a reader noticed the domain name MediaLocker.com, which was listed on Afternic.com for $18,500 was purchased.
This illustrates the danger of pricing your domains and having them sitting out there when there is breaking news or new products announced they are certain to get grabbed before you have a chance to pull them off the system or increase the price to reflect the development.
As that same reader pointed out (Adam) that at Domain Fest I spoke about this precise issue.
While pricing your domains will increase the volume of your sales you have to be prepared to lose a big one when news or events break that makes your $18K domain a six figures domain overnight.
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http://www.thedomains.com/2011/03/29...-announcement/ |