.Com.Au Slump

[snoopy]

Interesting to see sales so far this year, the highest reported sale is $10k for used.com.au, that is a very poor performance in my view for a 6 month timeframe.

Not a single .com.au on the DNjournal yearly country code top 100.

http://dnjournal.com/ytd-sales-charts.htm

Add to that there seems to have been a very big slow down in interest levels around drops?

What do people think,

Do you believe the market has fallen?
If so, why do you think that is?

 

[CyberClick]

I agree with the data but I'm not certain it's a decline in interest. Some segments may have declined but others have risen. Add to this that our economy is much weaker than you read in the papers.

Higher quality domains that may have been dropped previously are being retained rather than dropped or sold.

There are some good opportunities for private buyers and often these results aren't reported.

 

[Data Glasses]

I think some businesses/people have taken the facebook option plus a lack of understanding about domains and value in general. Also our population is sparce and what percentage of that would have online ventures and a need for a website. I dont really bother with the drops these days

 

[BenWalker]

If we are talking purely about the drops, then I personally think there hasn’t been any awesome domains drop in months. I think people are more aware of the value of domains and holding on to them.

 

[chris]

If we are talking purely about the drops, then I personally think there hasn’t been any awesome domains drop in months. I think people are more aware of the value of domains and holding on to them.

Agree with Ben, I don't think we're seeing as many great names dropping.

 

[Ashman]

I think there has been a decline as a result of the economic outlook (decline consumer confidence), after all domains can be viewed as an investment.

Maybe the decline on the drops could also be attributed to the absence of metric data that many investors use to make investment decisions.

 

[FirstPageResults]

Yes & no.

I've sold a lot more than I've bought this year, but I haven't bought very much.

Googles EMD change certainly hasn't helped sales.

Having said that there have been a steady stream of healthy sales happening privately.

 

[payattention]

Purchased 1 geo via aftermarket, backordered 1 and that's it. I still check the list daily but there is very little to pick from. I've also let a bunch of domains I consider marginal to drop, a few people have picked them up after that for more than I would've been happy to accept had they emailed me prior to it dropping.

 

[James]

I think many sales would have changed hands with out the data going public.

I agree that the Googles EMD update has hit the buyers market hard, people may have spent 10,000 on a EMD domain now they will spend that money on other forms of marketing with ROI in mind.

 

[Philip Littlewood]

I concur that a number of private 5 figure sales have gone through without being publicised. We have never been busier with enquiries, and the sales results are still strong.

That said, there are still plenty of decent domains available for the discerning buyer....

 

[geodomains]

Well I purchased my first domain on drops today in what seems like ages, could be a year or more.

I reckon I got a bargain for kimberleytours.com.au at $400, its gods country and good commissions on tour sales to boot.

Don

 

[findtim]

Well I purchased my first domain on drops today in what seems like ages, could be a year or more.

I reckon I got a bargain for kimberleytours.com.au at $400, its gods country and good commissions on tour sales to boot.

Don

nice pickup don, i don't think there is a slump, what there is a lack of knowledge to the value of a domain.

domainers don't pay high prices, end users pay high prices IF educated to the value, kimberley is a good example he's going to get good commissions but sometime down the track someone is going to phone him and want to buy it, probably the guy who has been paying all the commissions to don !

switch to "dubbodentist" someone will phone and buy it and it will never be mentioned anywhere, so we can't state the market based on NF or drop, theres heaps happening elsewhere.

as for dropping domains the reality is if there is no good "realestate" dropping then it will look like a slump in the market but it does not mean the market has slumped.

we all have to remember that there is a lot of crap domains registered that of course drop so why pick up someone elses rubbish? , there are also a lot of mistakes in missed renewals made eg: hardware.com.au

there are property booms and busts, best time to buy is in bust.

tim

 

[chris]

It seems people are fairly divided going by the results of the poll.

Perhaps people are no longer just letting names drop as they once used to. I have no data to back that up, just a guess. What do you all reckon?

 

[FirstPageResults]

It seems people are fairly divided going by the results of the poll.

Perhaps people are no longer just letting names drop as they once used to. I have no data to back that up, just a guess. What do you all reckon?

Feels that way to me

 

[Cooper Mills DomainLawyer]

Interesting to see sales so far this year, the highest reported sale is $10k for used.com.au, that is a very poor performance in my view for a 6 month timeframe.

Not a single .com.au on the DNjournal yearly country code top 100.

http://dnjournal.com/ytd-sales-charts.htm

Add to that there seems to have been a very big slow down in interest levels around drops?

What do people think,

Do you believe the market has fallen?
If so, why do you think that is?

Specifically with reference to Drops, I think the interest levels are still there, it is just that the number of high quality domains dropping has reduced. Part of this may be influenced by auDA Auto Renewal Policy. This may have an impact with large Registrars like Melbourne IT that have a lot of corporate clients who hold quality domains.

As for the general market, I am regularly dealing with decent transactions of .au domains, I negotiated a sale at $20,000 today. As some of the other members have said buyers want confidentiality so all the big deals cant be reported.

 

[DomainTech]

I believe it is due to consumer confidence and the global economic mood.

 

[findtim]

I believe it is due to consumer confidence and the global economic mood.

well i believe they will be the losers in the long run, i see ABSOLUTELY no down turn in the desire to be online and thus you need a domain name, i am introducing my clients NOW to not trying to find a hand reg but to SOURCE a currently owned QUALITY domain name from domainers.

i think i have bought privately for my clients @ 9+ this year and my clients are happy and i am unable to mention the sellers names but it is happening as coopermills says it is.

i do it because i get the dev gig, dnt members approach me often with great names or i post i need a name, this is a very much ALIVE market IMHO.

+ what i buy for myself privately and on drops, i think whats missing in this thread is evident, what you see is not what is really happening, if you want to sit on ya bum and wait for the phone to ring then you should invest in foxtel becuase you will be there along time.

the real people making money are out there making it happen, and not "doom and glooming" the industry.

tim

 

[snoopy]

What do you all reckon?

Think the market is well down, would guess the reason is EMD changes with Google.

 

[Shane]

I don't know if there's a genuine slump or not (on the surface it appears so) but I've definitely slowed down on buying.

Going back through my records for 2013 I've only bought one domain in the aftermarket plus a couple of hand regs. In previous years I'd be buying at least one per week on the auctions or via private sale.

For me it's all about the Google changes. I'm now concentrating on a small number of core websites rather than spreading myself too thinly, and it's definitely paying off.

If other people are doing the same thing (and I know some are) then obviously there are going to be fewer serious buyers in the market.

 

[FirstPageResults]

I don't know if there's a genuine slump or not (on the surface it appears so) but I've definitely slowed down on buying.

Going back through my records for 2013 I've only bought one domain in the aftermarket plus a couple of hand regs. In previous years I'd be buying at least one per week on the auctions or via private sale.

For me it's all about the Google changes. I'm now concentrating on a small number of core websites rather than spreading myself too thinly, and it's definitely paying off.

If other people are doing the same thing (and I know some are) then obviously there are going to be fewer serious buyers in the market.

+1