28 Aug '11, 2pm

THE FUTURE TREND DOMAIN AUCTION™ IS HERE! THE DIRECTORY IS COMPLETE!: Stephen Douglas: The Future Trend Domain

Obviously that doesn’t work if someone else places a bid that matches the reserve. Then that “hurry up and wait” strategy fails, and they stand a chance to lose a great domain name to someone else. The problem is MOST domainers play the “wait game”, and at the last 30 minutes, start bidding up the domain. Even if someone bids on the domain outside domain investors (an end user), the smart domain auction bidders will wait until the last few minutes of the auction. That’s called “sniping” and people who want a domain name need to be very aware of that tactic. It could be the last five minutes and you have a bid on a domain name, nobody else seemingly bidding, so you fall into a comfort zone thinking the domain is yours. Then five minutes to the end, somebody bids the domain up $100. If you’re not watching, you could lose the domain by not counter-bidding.

Full article: http://www.successclick.com/the-future-trend-domain-aucti...

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