Business Magazine

Not the Best Time to Auction off Valuable Domain Names

Posted on the 18 October 2019 by Worldwide @thedomains
GoDaddy Auctions

You usually don’t see three 3L.coms closing at once on GoDaddy auctions, yesterday SWP.com was a public auction that met reserve at $14,500 and I saw it at $15,500 but did not see the close as my browser crashed. This was a public auction so there is no record on Namebio.

Tomorrow there are three separate 3L.com public auctions, UDA.com, BPS.com and ZTD.com. Looking at the histories here it looks like all three are now at Namecheap, but two of them UDA.com and BPS.com moved from Network Solutions as it looks like an investor was successful at purchasing these names from established businesses that no longer needed their domain name.

The problem with the auctions is they are closing at 11pm Pacific time on a Saturday night. So it will be 2 am Eastern time, 7 am in England, 8 am and 2 pm in the afternoon in China. I think you get a lot more eyeballs closing the auctions on a weekday and at a better time that is favorable to more time zones.

It will be interesting to see where they end. None of the auctions have met reserve yet.

Follow all three here, UDA.com, BPS.com ZTD.com.


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