As everyone knows by now, I took a trip to South Florida over the last few days, during which I appeared on WebmasterRadio.fm’s domain master show and Bido.com’s live video chat. I’d like to thank them both for the invites and having me on their shows. It was a blast!
This weeks video is sponsored by GamingDomains.com. For the first time in ten years GamingDomains.com is offering some of their premium gambling domain names for sale. We also did a press release earlier today for GamingDomains.com which you can read here.
If you did not catch last week’s video episode you can check it out here.
*UPDATE – GamingDomains has been removed from this blog for non responsiveness to customer inquiries and my attempts to resolve this issue.
I think the biggest misconception with auction services is that domain names will sell for top dollar with zero work from the owners. Unfortunately it doesn’t work that way. Because of this, Bido asked me to do a video last week with some marketing tips to help their clients promote the auctions.
I want to share this video with everyone because this holds true not only for Bido, but all auction services.
After watching this you’re probably asking yourself, why can’t I just sell directly to an end user with these tips? The answer to that question is that you can sell directly to an end user, but you will not always see the same results an auction can provide. Using an auction service gives you two things. First, your buyer will feel more comfortable transferring money to an impartial third party. Secondly, an auction creates a frenzy. People by nature hate losing. An auction pins bidders up against each other. By using an auction site, you’re given a little bit of an edge.