Posts Tagged ‘aftermarket’

Big Month for NameSeek

// August 7th, 2008 // No Comments » // Projects

While NameSeek is doing fairly well in terms of hits and the amount of domains on the site, there is always room for improvement. I am not one to sit down and wait for things to happen, so in order to ensure the site goes from strength to strength I am going to make a few changes to the site over the coming weeks.

While I won’t go into too many details just yet, expect a few visual changes as well as a few announcements that hopefully will drive more users to the site as well as increase the number of domains listed for sale.

Competition is fairly strong at the moment and I believe NameSeek is one of the top three Australian domain name aftermarkets. I think we are probably sitting at third place within that top 3, and while that is great, I am trying to move the site to the top of that podium.

Our competition has the advantage of owning at least 75% (if not more) of the domain names listed on their websites, and I am not about to go and purchase 1000+ domains in order to have the most names listed. I believe the quality of the names is more important than the number of domain names listed on NameSeek.

For example, one particular website quotes that they have over 3000 .AU domain names on their website, however they own over 2000 of those names. NameSeek has about 1100 domain names listed at the moment, of which about 1080 are owned by users who have posted their name on the site.

So while it is nice to have 3000+ domain names, NameSeek has more or less the same amount of names - if you take out those owned by the people who own the various marketplace websites. However not all domainers will know this when they list their domain name and it looks more impressive from an end user point of view if a particular website has more domain names than another.

At the moment are lacking sales. That is the biggest issue we are facing and what I am trying to improve on over August. Hopefully with the changes I am going to make I will be able to report a few sales at the end of the month.

Stay tuned!

Competition Heats Up

// July 17th, 2008 // No Comments » // Domaining

In the past few weeks alot more Australian’s are realising the potential in capitalising in on the Australian domain name market and alot more domainers and webmasters are noticed that demand is starting to increase.

Nameseek.com.au was first domain name aftermarket that offered Australian’s a place to trade their domain names. I caught on early and the site was in developing a few weeks before the policy was due to change on June 1.

In the past 7 weeks a number of other websites have come along offering a service that is pretty similar to Nameseek. I think their results have been fairly similar to Nameseek, and their marketing doesn’t seem to be any different either.

Out of the 5 or 6 websites that now exist, I only considering one of them a threat to Nameseek – and for obvious reasons I won’t mention the name of the site here, but if there are any Aussie domainers out there you will know who I am talking about.

I think this website is a bit ahead of Nameseek at the moment. Nameseek relies on users submitting their domains for sale, and users bidding on those domains. This other website came online with 1500 .au domain names, which they own.

Competition is heating up, which I knew it would. There was no way Nameseek was going to be the only website selling .AU domains, and now domain registrars are catching on and are going to start selling their expired and dropped domains. I even was approached by a fairly large Internet company asking if I would help them – due to me being out of the country it wouldn’t work for both of us.

So as competition heats up it will be interesting to see how Nameseek performs. Hits have not been affected since these new websites have come along, though I would like domains listing and more people bidding.

I am not going to let the site run itself just yet. I am looking at ways to market the site and create awareness about the .AU domain market in general. I will be looking at adding a number of features to the site over the coming weeks, so we shall see if that makes any difference.

My New Project

// May 8th, 2008 // No Comments » // The Internet

Over the past few weeks I have been working my new internet project. Earlier this year it was announced that the Australian Domain Name Administrator would be allowing the sale of the .au domain names for the first time.

Having been buying and trying to sell .com domain names for a while I thought it might be a good idea to attempt to get into the selling and brokering of the .au domain names.

With over 1 million Australian Domain’s registered there will definately be a market for the trading of domains so hopefully if I get in early enough it might be a bit of a winner.

There doesn’t seem to be anyone selling the .au domains at the moment, so I think it will be a niche market and getting in early will be the key to some success hopefully!

So the site will be launched in the next few weeks. I have called it Name Seek: The Australian Domain Name Aftermarket and it will be available at http://www.nameseek.com.au.