How to win big domains at GoDaddy auctions?

Started by lovish, Oct 15, 2022, 12:23 AM

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lovishTopic starter

Every domain is up for bidding, and even if it's a low-quality domain, they will increase the budget.
 As a result, you end up paying 60 dollars, which includes the base cost of 40 dollars plus an additional fee of 10 dollars.
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parven

I got a great deal on a premium domain from GoDaddy, but even though I paid for it, the domain hasn't been added to my account yet. The registrar has confirmed that the domain has been paid for and extended, but it's still not showing up in my account.

After contacting support, they apologized for the delay and explained that since it's a premium domain, it can take up to 7-14 days for it to appear in my account. They also mentioned that the domain is currently in the verification status, which can take up to 72 hours to complete.

In the end, while waiting for the domain to become active in my account, I may consider transferring it to another registrar once the 60-day waiting period is over. It's always important to keep track of your domain purchases and make sure they're properly registered to avoid any issues like this in the future.
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alvinwright

GoDaddy has a process for selling domains after their auctions have ended. First, they offer them for a fixed low price of $8-12 through their buy direct now scheme for about a week or two. After that period is over, the domains are put up for sale at a fixed price of $6.

If the domain still hasn't been purchased at this point, GoDaddy will drop it and not renew it. It's unclear how long these two stages last, as it varies depending on the domain.

However, if you missed out on a desirable domain during the auction, these subsequent stages provide another opportunity to purchase it for a very reasonable price. Keep an eye out for these sales if you have your heart set on a particular domain.
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KellenFoster

Winning big domains at GoDaddy auctions requires a strategic approach. Here are a few tips that might help:

1. Research and Identify Valuable Domains: Do thorough research to identify high-quality and potentially profitable domains. Look for domains with short, catchy names or those that are in high demand. Use tools like GoDaddy's Domain Appraisals to estimate a domain's value.

2. Set a Budget: Determine your budget before entering the auction. Consider factors like the estimated value of the domain, your maximum bid limit, and the potential return on investment. Stick to your budget to avoid overspending.

3. Monitor Auctions: Keep an eye on the auctions you're interested in. Use GoDaddy's monitoring feature or third-party tools to receive updates on bids and stay informed about the current bidding activity.

4. Bide Your Time: Avoid getting into a bidding war too early. Watch how the auction progresses, and look for opportunities to bid strategically. Some bidders may lose interest or drop out, allowing you to make a move at the right moment.

5. Be Aggressive, But Smart: Place bids confidently but avoid excessive bidding that might increase the price unnecessarily. Consider incremental bidding, placing bids slightly above the current highest bid to maintain control without inflating the price too quickly.

6. Use Proxy Bidding: Utilize GoDaddy's proxy bidding feature to automatically increase your bid until it reaches your maximum limit. This way, you don't have to constantly monitor the auction and can avoid last-minute bidding wars.

7. Participate in Expired Auctions: Explore expired domain auctions where you can find valuable domains at potentially lower prices. These domains might have higher renewal fees, but it's worth considering if the domain's value outweighs the expenses.

Remember, winning big auctions is not guaranteed, especially when competing against other bidders with deep pockets. It's crucial to do thorough research and develop a well-thought-out bidding strategy to increase your chances of success.
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