In short, I haven’t won any more auctions even though I have bid on a load:
I’m actually impressed with how many auctions I am able to bid on and not win.
I was surprised that virtualtutorials.com and miniwebs.com sold for so much. I’m really not sure who would be buying miniwebs.com as an end-user to make the $1,500 sale price justifiable. Perhaps I am missing something, but neither even has SEO history.
What is surprising me, is just how many domain names I am bidding on without winning. Many of them finish at $106, meaning that there was only 1 other person who bid above me – I think that is significant, although not really sure why.
There were also 2 domains that I only bid $51 for.
One thing, that this exercise is teaching me is about discipline. We all get caught up in auctions and perhaps pay more than we should. However, by being strict about my upper price, it means that I am not getting caught in the emotional aspect of it. At this low price, the majority of the domain names are not greatly valuable and if I lose, it really doesn’t matter so much.
From this selection, my favorite domain name was kingofcrabs.com, which under normal circumstances I probably would have spent much more than it sold for.
Since my last post, it has been the weekend. This means that there are far fewer domain names being sold. It probably also means that there are fewer people bidding or watching the auction. In my case, I don’t work on Friday or Saturday night (I am on Europe Time), which means that I place my bids up to 30 hours ahead of time. I think this could affect the number of auctions that I don’t win and also the number of auctions that I don’t bid on. The reason for this is that an auction would not appear on my search if there was not already a bid more than 24 hours before. I don’t have a great solution for this, but am just accepting as something that happens.
One thing that I could do that would probably improve my chances of winning more auctions, is to go through the list of auctions that haven’t had any bids on. I am currently loathed to do that, as even looking through the number of domains that I have to just to get those that do have a bid is large enough…and to be honest mostly boring.
So, still, just 1 domain bought and zero sold.