TBR Drop - Feb 14, 2024 (3.Viewing)

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Danto said:
These are Vegan businesses. I do not think they would not pay big $$$$$ for this domain.
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That's probably correct, as no Canadian businesses seem to want to pay $$$$$ for any .CA domain right now.

Something is definitely up. It might be the gov't calling in the CEBA loans, it might be the mass layoffs and closures, it might be our 3rd-world economy... but something is definitely up. and I am currently reevaluating all domain purchases and renewals at a higher baseline.
 
DomainRecap said:
It really comes down to whether Veg.ca wants to go that route and collect a pile of Claude Freeman lookalikes as panelists, or just pay the toll to get it back. Ask $100K for Vegan and I'm pretty sure of the route they'll take. And I'm very sure if it goes that wat you'll hear something similar to "On the balance of probabilities the respondent must have known that the complainant was the prior owner of such a high-profile domain name..."
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What if you had zero intention to sell the domain, but develop it yourself?
 
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Artashes said:
What if you had zero intention to sell the domain, but develop it yourself?
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No idea, as that would enter the realm of TM law and whether you were encroaching on their rights, and then it's time to hire a lawyer.

I think the real danger in a CDRP would be to park the site and starting pumping out piles of Vegan-based ads - that seems to really make the CDRP panelists angry and vindictive, and you'd need to file an RLM-level response (which was genius-level tap dancing) to halt those particular rabid dogs.
 
I sincerely hope that whoever wins the auction for Vegan.ca can sell it for millions to a buyer one day. It's a great domain, no question. My perspective on pricing is based on what I see end-user buyer clients being willing to budget and allocate towards buying .ca domains. In 30 years of domain brokering, representing end-user buyers, I've never had or seen a client being willing to invest more than $50k for a one-word .ca domain, even if I encouraged them to invest more than that. I know that some buyers have spent more on .ca, of course, but not the clients who have worked with me, and that includes some huge corporations. I personally love .ca domains, but from where I stand, the Canadian business community remains lukewarm about them, especially the premium domains. I hope that one day .ca domains are appreciated and valued more by potential buyers. I don't know if that is years or decades away.
 
I should add that (from what I have seen on the client side) the biggest 'competitor' to .ca domains, for end-user buyers, is .com, due to Canada's proximity to the US, and .co, due to great marketing by the registry. I wish this was not the case, and obviously I realize the value of a Canadian company using a ccTLD, but it blows me away how 'un-loyal' many Canadian companies are to .ca. Not trying to rain on anyone's parade here, either. There are some end-user buyers who 'get it' and will pay serious coin for a great .ca domain. God bless them.
 
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MaiTaiMan said:
I sincerely hope that whoever wins the auction for Vegan.ca can sell it for millions to a buyer one day. It's a great domain, no question. My perspective on pricing is based on what I see end-user buyer clients being willing to budget and allocate towards buying .ca domains. In 30 years of domain brokering, representing end-user buyers, I've never had or seen a client being willing to invest more than $50k for a one-word .ca domain, even if I encouraged them to invest more than that. I know that some buyers have spent more on .ca, of course, but not the clients who have worked with me, and that includes some huge corporations. I personally love .ca domains, but from where I stand, the Canadian business community remains lukewarm about them, especially the premium domains. I hope that one day .ca domains are appreciated and valued more by potential buyers. I don't know if that is years or decades away.
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Well it definitely happens, although big corporations can be some of the worst to deal with.

I've been the buyer, the seller or broker of a single .CA domain transaction that topped 6 figures, more times than I can count on my two hands. And I'm just one dude who didn't start until 2004, and it took me a couple years to really get into it. I can only imagine the sales I don't know about from the likes of the domainers who got in very early like Jason, Peter, Rick, Wayne, Ilze, Doug, Frank (not mapledots), Samer, etc...

I'm sure you're a great broker, but you are a buyer broker. So maybe raise your .CA expectations and you'll have more luck. It seems possible that your lower priced experiences with .CA have kinda pigeon-holed you into that mentality, thus making it impossible to have a good experience with .CA. As a broker, your personal feelings can have major influence on the buyer side. So be careful not to scuttle a big transaction by hinting at a preconceived value of the domain before you've had a chance to do the market analysis and find out the asking price. I wouldn't hint at any value until you have all the information. I'm sure you know all of that, but just a thought. It may just be that you've had so little .ca experience that there's just not enough data points.
 
MaiTaiMan said:
I personally love .ca domains, but from where I stand, the Canadian business community remains lukewarm about them, especially the premium domains.
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I agree with this statement and right now (in 2024), potential .CA buyers are being very price-conscious on .CA purchases. Remember that no sale is guaranteed, especially in .CA, so spend wisely.

A big part of the problem is that .CA is almost entirely beholden to the Canadian economy. Good times are good for sales, but get into a horrible economic situation like we have now and you could be eating Kraft Dinner. Conversely, if the US economy is tanking, other TLDs like .COM can mitigate this by selling in different world economics that may be booming.

That doesn't mean that you can't make money on .CA or that .CA should open up to the world, but domain investors should all hope Trudeau gets the boot next election.
 
Wow, some of these mid-range domains sold or are selling for a lot more than I thought.
 
Artashes said:
I am surprised Vegan.ca is stuck on $6,600 with just 2 hours remaining. Kind of thought it'd already be in the low 10s.
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Screenshot (21).png





As predicted
 
rlm said:
Well it definitely happens, although big corporations can be some of the worst to deal with.

I've been the buyer, the seller or broker of a single .CA domain transaction that topped 6 figures, more times than I can count on my two hands. And I'm just one dude who didn't start until 2004, and it took me a couple years to really get into it. I can only imagine the sales I don't know about from the likes of the domainers who got in very early like Jason, Peter, Rick, Wayne, Ilze, Doug, Frank (not mapledots), Samer, etc...

I'm sure you're a great broker, but you are a buyer broker. So maybe raise your .CA expectations and you'll have more luck. It seems possible that your lower priced experiences with .CA have kinda pigeon-holed you into that mentality, thus making it impossible to have a good experience with .CA. As a broker, your personal feelings can have major influence on the buyer side. So be careful not to scuttle a big transaction by hinting at a preconceived value of the domain before you've had a chance to do the market analysis and find out the asking price. I wouldn't hint at any value until you have all the information. I'm sure you know all of that, but just a thought. It may just be that you've had so little .ca experience that there's just not enough data points.
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Thank you for the very thoughtful response. 100% agreed on the "not enough data points" since, although being based in Canada, 95% (?) of the domain deals I have brokered are for extensions other than .ca. I love it when I get asked to broker a .ca deal, and I especially love it when the domain is owned by a domainer I know. Always nicer to deal with a domainer than Joe Public or a large corporation that owns a domain.
 
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