What does every online business want? TRAFFIC of course!
The killer domain Traffic Tips .info is now up for auction at Flippa – NO RESERVE!
The Flippa.com site has carved out a good niche for domain entrepreneurs to buy and sell their websites and domains. In recent months we’ve seen the rise of .info domains especially, as a good source of keyword-rich domains that can be a reputable source of online information.
- UPDATE on our TEST at Flippa auctions: This was our first auction at Flippa – we thought we would “test the waters” with a good keyword domain like “traffic tips” dot info. How did it go? Not great. We had interest, roughly six bidders, but the bids were VERY low. And in the end, the winning bidder did not end up going through with the transaction because their Flippa account was suspended.
So how do we evaluate the results? It cost us $29 to list the domain for auction (we didn’t buy any additional promotio offered by Flippa). (We promoted it heavily through our Twitter account and through a post on this blog.) Flippa also is charging us a $10 “success fee”, however we are disputing that because the domain did not successfully sell (the Buyer was suspended). I don’t know why the Buyer was suspended, but “non-paying” bidders happens at every auction large or small. Would a better domain have gotten better results? Maybe. But in the end this was a $29 loss (plus the lost time we spent on this auction listing and promotion).
UPDATE #2 - I disputed the $10 “Success Fee” by submitting a simple form on the Flippa website. Quickly (within 24 hours) Flippa responded and agreed to my dispute and waived the $10 Success Fee. They also allowed me to relist my domain for auction for free, which I did. I was able to make changes to the my original listing, which I did. I shortened the auction to 5 days and put in a small minimum bid and small reserve sale amount. I’m interested to see if those small changes result in any better auction results.
UPDATE #3 – After I took up Flippa on their offer to relist (TrafficTips dot info) for free, I raised the reserve to $25 and relisted for 5 days. The auction came and passed with no bids = no sale. Flippa emailed me asking if I would like to relist for half price? No thanks.
So the end result? My test didn’t go well. I spent $29, spent time promoting my domain auction and wound up with no sale. You can debate the quality of the domain, the time spent promoting it and the fact the “test” was based on only one .info domain, but I thought I would share my results with you anyway – take from it what you will.