I hate marketplaces

9 Dec
2007

I am so sick of people either deluding themselves, or trying to pull in big words in hoping to get you to look at their [for sale] listing.

Classic example: ‘MV-M.COM a premium name for sale’

In what reality is ‘mv-m’ a premium domain? Hell the domain was registered just over 10 days ago – are you telling me premium domains are for sale like that?

I’ve been a long believer that the easiest way to differentiate between serious and dumbass is price. SitePoint has sort of gone that way – adding a ‘Premium Sites for Sale’ category. The problem is that it still only costs $40 to list there. You still end up with stupid sales like Torrentaholic.com. If the site BIN is $500, that isn’t premium. Quite the opposite – certifiable crap.

Same rule applies to any other marketplace – from DNF to NamePros to WebHostingTalk.

I wish one of the forum operators would be willing to take the flak and create a premium listing that requires $500 listing fee. These are established sites. They push a lot of traffic. They have generated millions in transactions. Why not?

Oh an addendum too – provide an Escrow service.

So – SitePoint, DNF, NP, WHT, etc – please provide us with a real premium listing service, and also a built-in escrow service. You have the traffic and brand – it seems to be an obvious extension.

[I'm good friends with the new DNF operator - I will try to get his response here.]

9 Responses to I hate marketplaces

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2w

December 9th, 2007 at 5:47 pm

hi greeting

next time
please tag this kind of posts under the category of domain e.t.c.

i did almost miss this great post ;–^),

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Ahmed

December 9th, 2007 at 11:12 pm

Good idea – done :)

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Gib Olander

December 10th, 2007 at 5:06 pm

humm ;) this is a very interesting sentence…”I’ve been a long believer that the easiest way to differentiate between serious and dumbass is price”

chuckle..chuckle. .;)

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Ahmed

December 10th, 2007 at 5:13 pm

Hahahaha yes Gib :)

Different situations though!

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Nick

December 11th, 2007 at 1:12 pm

If you take a second and remember what Sitepoint was a few years ago before they went into their eBay like atmosphere, the sales were of much higher quality sites and the whole marketplace was great.

Now, it’s full of almost all crap (proxies, directories, video sites, myspace), not to mention the huge influx of fraudulent bidders.

It’s a big mess and someone needs to set a new standard. Increasing the listing price to $500 is a little much and whose to say the quality of sites will increase? Just take a look at their Premium Site Marketplace….people are trying to sell those gimmick “I’ve made $5,000 a month working from home” sites for like $500,000.

I think the best option is to not allow sites that are bringing down the marketplace and have someone monitoring that section.

I’ve wasted my share of money trying to sell sites because my site is buried within the crap of Sitepoint and they honestly don’t care because it’s money in the bank to them.

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Ahmed

December 12th, 2007 at 11:48 am

The thing is Nick – one man’s crap is another man’s treasure. Hell – I’ve been registered on SPF for almost 7 years, and I’ve *always* seen a fair amount of crap.

The $500 fee makes people stop. Are you going to really post a crap proxy or directory site when you would be out $500? I’m sure in 99% of cases it would be a big fat … no.

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And just like that SitePoint smacks me - Tech Soapbox

December 18th, 2007 at 2:04 am

[...] days ago I talked about how I hate marketplaces for the riff-raff that you find contained in [...]

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Jarred

February 7th, 2008 at 5:22 pm

I could have sworn I replied to this earlier but alas nothing was posted from this end.
Thank you for the suggestion Ahmed, and you raise some very good points. Beauty is certainly in the of the beholder. A domain name that’s premium to someone may be worth

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Jarred

February 7th, 2008 at 5:25 pm

(site choked on my less than character)

…less than regfee to another, as indicated in your example. It’s frustrating, but it comes with the territory. I do like to look back at the sales threads from years ago and those true premium sales that took place are always interesting to reflect back on the state of where things were and the values placed at the time.
Making it easy to sift would make everyone a miner ;)

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