It takes two to tango. So whilst it's not that surprising Woolworths would be willing to that $33K at it - I'd love to know who was the price setter in the auction.Unless Bunnings and another hardware chain are after it, then yes I can see this going high.
In an auction conducted by Drop.com.au yesterday, domain name hardware.com.au sold for a record $33,333.
Hardware.com.au was an expired domain name which Bunnings forgot to renew. It is believed that the purchaser is Woolworths (through their advertising agency) who plan to start a competing hardware business in Australia.
No doubt heads will roll at Bunnings when they learn that a potential competitor has acquired the domain.
Values of .au names have increased dramatically over the past 12 months, however, many investors are still reluctant to invest money in .au due to heavy regulation, some of which amounts to censorship of content.
Beyond reasonable doubt.
Dumb q - does having a backorder at NF exclude any other bidder from trying to order that name? IOW - since you had already backordered the name - would there be no auction at NF, and you might have won it by default?
Full credit to you to spot this opportunity and take the gamble with the backorder. Hope next time it pays off for you...
That's right - Rhythm would have won the domain for the princely sum of $59 if we'd have caught it. However despite our best efforts we missed out - sorry Rhythm
Full credit to you to spot this opportunity and take the gamble with the backorder. Hope next time it pays off for you...
It does sound like a "gamble" to me, how often does someone actually acquire a names bidded up on other venues this way? Is it really going to get chased hard if the catcher gets nothing from a successful catch?
net fleet did catch rehabilitation.com.au today on backorder which was bid up to $1117 on drop, thats nothing to sneeze at