......... I thought it had a real chance for getting $5000+ just because it's one of those domain where if you only had this domain in your portfolio you could build an entire business around it.
So it was always going to go for a premium above what it's metrics reflected.
Frankly at $4445 I think it's a BARGAIN for an enduser.
And being someone who owns gold bullion myself I know it's a market that is crying out for some more scale and efficiency and I think with a domain like this you could really enter the market and build a presence quickly.
Thanks Chris - good constructive assessment. I would have liked to pick this up for a lot less; but at the end of the day with 11 bidders, I was happy to get it under $5k. Even more so given
that I also have
silverbullion.com.au. Having the pair helps even more imho.
I think there is pretty big barriers to entry myself for that market. Anyone entering would need to be buying off the perth mint and similar sized companies I suspect but they will also be competing with those companies as well.
You know Snoopy, it was your posts in this thread that brought me out of a temporary self-imposed posting retirement.
We all know you hate .au domains and think that they have little value. I'm not going to list the litany of things you have said about them over time, but I think everyone here gets your drift.
But the thing is, some of us do bloody well with .au domains. I'm one of those people (and I know quite a few others). Just as you have had successes with your .com's, we have our successes locally.
And I'm not talking out of my arse - I have the runs on the board.
I truly respect your knowledge of .com and your status and background, but your doom and gloom pronouncements
about .au (almost every time someone makes a post) are just becoming so predictable.
Sometimes I shudder to think how many would be posters here shy away from saying anything
out of fear of one of your classic posts. That in itself is a shame.
Imho.
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With regards
silverbullion.com.au, I can tell you that I've received a number of offers for this over the past two years. The last one was $2000 (inclusive of GST) from a very reputable buyer, but I declined.
I believe it is worth more than that to an enduser. By the way, if you want to call me on that, I'm happy to send you a screen shot.
I also believe it is worth even more to me as a "keeper". Someone expressed an interest in it this morning, and I said exactly that. All I have to do is get off my bum and get it developed!
If you think so negatively about silver bullion and silver generally, have a look at
SilverStackers - this is a very popular Aussie run forum with good local and overseas membership. A lot of trades go on. (I posted
the link because it is no competition to DNT). The owner / administrator is a Melbourne based bullion dealer - and he makes good "coin" from monetising the forum.
Incidentally, they have a "Panda" section, but this is nothing to do with Google!
As far as competing with Perth Mint is concerned, I'm not sure if you are aware that Perth Mint have a generous affiliate program that many people use?
I am about to join - I have extra incentive now. I'll let you know how it goes.
Welcome to the program of The Perth Mint Australia and thank you for your interest in becoming an affiliate.
What can you expect from The Perth Mint Affiliate Program?
- A generous commission of 10% per sale
- 90 Days Cookies
- A comprehensive assortment of banners and graphics, including campaign banners, promoting the latest product releases and/or popular themes (Christmas, Mothers Day, etc.)
- High average sales (average order value over $330)
- An experienced and friendly Affiliate Coordinator, available via phone, fax and email.
Signing up to the program is easy and we are looking forward to your participation.
Your Affiliate Team
Perth Mint