Have you experienced Pool's new 2-phase auction? IT SUCKS! - GoFuckYourself.com - Adult Webmaster Forum

X

SomeCreep

:glugglug

Join Date: Mar 2003

Posts: 26118
Share

Post
#1

Have you experienced Pool's new 2-phase auction? IT SUCKS!

08-23-2004, 02:29 PM

Wow, I'm surprised at how much their new bidding system sucks. Basically, now their auctions have "2 phases". During phase 1, they capture the name and you make a sealed bid. You cant see what the current highest bid on the name is anymore, and you cant see what anyone else has bid. This phase 1 auction lasts for 3 days. Assuming your bid is within 20% of the highest bid, you then move on to phase 2 and have a day long auction with the highest bidders.

Laaaaaaame! Basically, people will now be overbidding like crazy, paying $5000 for a domain when the previous highest bidder was maybe only $200 (hence in the old auction system, the highest bidder would've acquired the domain for $210).

Comments and opinions?

Webair Hosting

I use and recommend Webair for hosting.
Tags: None
EviLGuY

So Fucking Banned

Join Date: Apr 2003

Posts: 12745
Share

Post
#2

08-23-2004, 02:57 PM

Sounds like they are trying to squeeze every last cent out of the domains.

Smart business really.. why let a domain go for 210 when they can get 5k this way?

Not so good for the people looking to snap them up and flip em for a quick buck, but I am sure pool.com will cry for them on the way to the bank.
Comment
stocktrader23

Let's do some business.

Join Date: Jan 2003

Posts: 18781
Share

Post
#3

08-23-2004, 02:58 PM

Originally posted by EviLGuY
Sounds like they are trying to squeeze every last cent out of the domains.

Smart business really.. why let a domain go for 210 when they can get 5k this way?

Not so good for the people looking to snap them up and flip em for a quick buck, but I am sure pool.com will cry for them on the way to the bank.

Summed up perfectly. It's business.

Hands Free Adult - Join Once, Earn For Life

"I try to make a habit of bouncing my eyes up to the face of a beautiful woman, and often repeat “not mine” in my head or even verbally. She’s not mine. God has her set aside. She’s not mine. She’s His little girl, and she needs me to fight for her by keeping my eyes where they should be."
Comment
SomeCreep

:glugglug

Join Date: Mar 2003

Posts: 26118
Share

Post
#4

08-23-2004, 03:12 PM

Originally posted by stocktrader23
Summed up perfectly. It's business.

You two are forgetting an important business ideal that gets overlooked far too often these days. If you want a business to be successful, you need to make your customers happy.

Customers will definitely not be happy over paying for domains using this new system.

Webair Hosting

I use and recommend Webair for hosting.
Comment
Nasty

Confirmed User

Join Date: Aug 2002

Posts: 1575
Share

Post
#5

08-23-2004, 03:25 PM

Originally posted by EviLGuY

Smart business really

Too early to tell if it smart business or not, its sort of like saying lightspeed doubling their monthly membership fee is smart business, it the short run more money in the long run loss of members.

Sure, some member will pony up to see Tawny but how many?

Seems to me this type of greed generally results in less market share and on the web market share means a lot.

Just my opinion but my guess is that the new system wont benefit their company in the long run

“Ours is a world of nuclear giants and ethical infants. We know more about war than we know about peace, more about killing than we know about living. If we continue to develop our technology without wisdom or prudence, our servant may prove to be our executioner.” ― Omar Bradley (1948)
Comment
SomeCreep

:glugglug

Join Date: Mar 2003

Posts: 26118
Share

Post
#6

08-23-2004, 04:23 PM

Lol, business related threads sink fast as hell on this board. I know, how about a picture of a girl with big tits to spice things up a bit!

Webair Hosting

I use and recommend Webair for hosting.
Comment
cherrylula

lol

Join Date: Jan 2002

Posts: 15969
Share

Post
#7

08-23-2004, 04:27 PM

Well I am glad I scored some good domains before they did that. But they will definitely make more money that way.

Domain sales are all about how bad someone wants the name, and how much they will pay for it.
Comment
stocktrader23

Let's do some business.

Join Date: Jan 2003

Posts: 18781
Share

Post
#8

08-23-2004, 04:28 PM

Originally posted by Nasty
Too early to tell if it smart business or not, its sort of like saying lightspeed doubling their monthly membership fee is smart business, it the short run more money in the long run loss of members.

Sure, some member will pony up to see Tawny but how many?

Seems to me this type of greed generally results in less market share and on the web market share means a lot.

Just my opinion but my guess is that the new system wont benefit their company in the long run

Pool is not lightspeed. Domain buyers have accounts everywhere and the company that snags the domains is going to make the money. As long as pool keeps grabbing a ton of the good names they will make more this way.

Hands Free Adult - Join Once, Earn For Life

"I try to make a habit of bouncing my eyes up to the face of a beautiful woman, and often repeat “not mine” in my head or even verbally. She’s not mine. God has her set aside. She’s not mine. She’s His little girl, and she needs me to fight for her by keeping my eyes where they should be."
Comment
Dagwolf

President of Canada

Join Date: Sep 2003

Posts: 23141
Share

Post
#9

08-23-2004, 04:31 PM

I'm addicted to domain shopping...

Sleep well, and dream of large women.
Comment
fr8

Confirmed User

Join Date: Mar 2003

Posts: 5074
Share

Post
#10

08-23-2004, 05:43 PM

Knowing that why would someone even use pool.com. Hell im not even going to go back knowing this.

█ joesmut (a) gmail Dot com
█ Full Stack Developer
Comment
EviLGuY

So Fucking Banned

Join Date: Apr 2003

Posts: 12745
Share

Post
#11

08-23-2004, 06:03 PM

Originally posted by fr8
Knowing that why would someone even use pool.com. Hell im not even going to go back knowing this.

This only involves auctions for 1.. how about all the domains people grab that have no competition for $60?
Comment
sixone

Confirmed User

Join Date: Apr 2004

Posts: 503
Share

Post
#12

08-23-2004, 06:05 PM

Originally posted by SomeCreep
Lol, business related threads sink fast as hell on this board. I know, how about a picture of a girl with big tits to spice things up a bit!

I found a website that allows me to look up domain name availability over my Blackberry

196-900-713
Comment
Illicit

wtf ?

Join Date: Dec 2003

Posts: 11895
Share

Post
#13

08-23-2004, 06:07 PM

it sucks... I got 2 in the blind bidding phase, and now that i think about it I bid too much for one of them

sucks that they consistantly get all the good names

Insert Sig Here
Comment
SteveLightspeed

Confirmed User

Join Date: Jul 2001

Posts: 7940
Share

Post
#14

08-23-2004, 07:26 PM

Originally posted by Nasty
Too early to tell if it smart business or not, its sort of like saying lightspeed doubling their monthly membership fee is smart business, it the short run more money in the long run loss of members.

When did we "double our monthly membership fee?"

if anything, we just LOWERED prices

Abra-cadabra!
Comment

Previous template Next

Working...