A lot of bulk! Concluded… JAHO.com sells for $18,000!
Jun 23

I was sifting through some of my drafts and almost deleted this article which I’ve been meaning to complete for a while now. I decided some of the points to be made back in April are still relevant now. After I wrote ‘Still ‘biting’ for bargains!‘ I thought it would be good to look at the market from a different view point. The question that springs to my mind when so many people are finding so many bargains at so many market venues is, ‘why are there so many?’

Well, put quite simply, bargains indicate that a market is in decline because people are selling cheap in an attempt to cut their loses. ‘We already know this’ I hear you cry, but what amazes me is that so many people still believe they are getting a bargain even after the a numerous discussions that have taken place regarding market correction, recession and depreciation.

They aren’t bargains, not in the current market. Prices have fallen dramatically over the past couple of months and this domain niche is so fluid it is ctitical you remain up to date. In any market you should strive to stay current and be self educated. Analyse your niche and understand it. A bargain yesterday could well be an overpriced item today.

The point I’m making is not to discourage anyone from participating in the 4 letter domain market but to understand that sometimes bargains aren’t always a good thing, and more often than not bargains aren’t bargains at all. Do your research and plan your purchases carefully plus look beyond the immediate future and realise the potential that this market has to evolve in later years because that is when we can look back and truly say we grabbed a bargain.

written by Richard \\ tags: , , ,

2 Responses to “Sometimes bargains are not always a good thing…”

  1. Joe Davison Says:

    Just because there is a correction doesn’t mean the long-term prospects for the market are bad. Quite the contrary, new business models will spring up to replace the outdated and monopolized PPC channel, followed by outside money learning to value domain as assets.

    As both of these transitions occur, we are again going to see order-of-magnitude increases in the value of domain assets.

    Just my opinion. For the record I’m referring to all domains, not just quad letters.

  2. Richard Says:

    I totally agree Joe, I don’t see this as a time to sell out, I see it as a time to buy domains which I believe in the future will offer a good ROI in the long-term.

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