Domain Names Not Strong Auction ItemsWritten by Sydney Johnston
Selling a domain name at an online auction can be lucrative - but many sellers completely misjudge market and truly live in Fantasy Land. For instance, take a look at this auction of 14 domain names (StemCellLines.net, StemCellLines.org, StemCellColonies.com, StemCellColonies.net, StemCellColonies.org, StemCellMart.com, StemCellMart.net, StemCellMart.org, StemCellResearching.com, StemCellResearching.org, StemCellResearching.net, StemCellStore.com, StemCellStore.net, StemCellStore.org). The auction supposedly includes "website research info" - but listing doesn't even mention what this is, so we can' evaluate offering. But a price of $25 million. There were no takers at all for this silly offer.Here are other inflated domain name auctions: * Names: Devilthinking.com/net/org and Devilthought.com/net/org. Asking price: $1 million. This seller tried to take advantage of headline atrocities (such as a recent beheading of an American soldier in Iraq) to justify his asking price * Names:www.UN.TV; www.UnitedNations.TV; and phone number: 1(800) WWW.UN.TV. Asking price: $5 million. * Names: TeenExtremeScore.com, TeenScore.com, TeenForYou.com. Asking price: $2 million. * Names: praisegod.tv. Asking price: $1,300,000. This listing was strangely written ... "PRAISEGOD.TV IS A DOMAIN NAME****WWW.PRAISE GOD . TV ***IS A DOMAIN NAME***IT IS A GREAT DOMAIN NAME***IT CAN UNITE MULTITUDES OF PEOPLE***IT IS UNIVERSAL***IT IS WORLDLY****IT REACHES THE MASSES***IT IS A TWO WORD DOMAIN NAME***IT IS EASY TO REMEMBER***BROADCAST YOUR MESSAGE***PRAISE GOD.TV HAS THE ABILITY TO DRAW MIRIADS OF PEOPLE***TAKE THIS DOMAIN NAME TO ITS' HIGEST POTENTIAL***ADVERTISE IT ON TV, ON THE RADIO, ON THE INTERNET, IN THE NEIGHBORHOOD, IN THE VILLAGE , IN THE TOWN, IN THE CITY, IN THE METROPOLIS.*** PRAISE GOD. TV IS FANTASTIC.***PRAISEGOD.TV IS A DOMAIN NAME ***DEVELOP YOUR OWN WEBSITE ,SEND A MESSAGE AND AWAIT YOUR REWARDS. WWW.PRAISEGOD.TV"
| | eBay Motors: eBay's Most Profitable DepartmentWritten by Sydney Johnston
eBay cars and vehiclesare among top sellers on this enormously popular auction site. In fact, eBay claims that they sell more cars online than anyone - and more than many dealers. To make it easier for eager buyers to purchase cars, eBay offers many services like 'Live Chat' help for listing and buying vehicles between hours of 8:00 am and 5:00 PM MST, Monday through Friday. There are car dealers whose business is primarily on eBay, like seller of Lexus below who states, "We are a licensed and bonded auto dealer in Florida, specializing in top quality pre-owned vehicles. We sell 90% of our cars and trucks on eBay, and our low overhead allows us to pass savings on to you!" The lure of savings, is of course, what brings buyers in droves to eBay. And it is a great boon to car sellers who don't have to spend large sums of money on salesmen or physical facilities. We all know that money draws people in droves, including less than scrupulous, which prompted dealer to offer all his sales as private auctions: "We have started running our auctions as Private Auctions as many dealers have on eBay. Unfortunately dealers have been trying to skip eBay fees and are emailing our bidders to point of "harassment" trying to sell them other cars. The only way we can stop this is to run private auctions where they cannot see identity of people bidding on our cars." In a private auction, only seller can see names and amounts of bidders, thus preventing unscrupulous outsiders from making contact with bidders and luring them away.
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