The Ultimate Domaining Resource
31 Jul
At the Domain Roundtable conference in Washington, D.C. last month, I noticed a lot of new faces with the Sedo team. As I started talking to them, I realized what was going on. Sedo had hired a number of people experienced selling to businesses. The company was making a focused effort selling to end users, and was hiring the right people to do it. These new employees are not domain industry veterans; they’re B-2-B salespeople.
As part of its push for end user sales, Sedo recently launched monthly themed promotions that it will promote to end users. The current one is for real estate, and future themes include gambling and pharmacy. These themes allow the company to aggregate good domain names and focus marketing to one vertical.
“We’re always trying to reach end users,” said Kathy Nielson, Director of North American Brokerage & Acquisitions at Sedo. “With auctions and themed verticals on a monthly basis it ties it all together. It makes our clients happy, but marketing-wise it’s so much easier to target one vertical and get end users to come to the table and buy domains.”
It has proven successful already. Prior to the current effort, Sedo has marketed a father’s day theme and to the adult industry. The adult industry push included ads in trade publications.
“Our end user sales have just skyrocketed this summer,” said Nielson. “It’s fun to see some of these companies coming in [and buying domains].”
The monthly themes feature fixed price domain names. Sedo (and its competitors) have found that domains with prices or price expectations are much more likely to sell than those without prices. Nielson explains that when buyers come in and see no price indication, the negotiations take longer and are less likely to result in a sale.
Sedo seems to be making all the right moves to sell domains to end users, and the results are starting to prove it.
© DomainNameWire.com 2009.
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