Associated Geogenerics Dot Com

Yesterday, Aug 21st for the second day in a row Bido had problems resulting in their auctions being cancelled until sometime in the future, could be forever we suppose. Since we will be having our own auctions soon this is of great interest to us. We can and will do a little bit of speculation about the reasons and also a little bit of summarizing Bido’s history, as we see it.

From what we’ve read so far there was a problem with servers failing - perhaps because people watching or participating in the auction were refreshing their pages when the data was being pushed to them. Some advice has been to use a server cluster to be more scalable. Underlying is the idea of it perhaps being user behavior that caused the server overload and that this behavior needs to be prepared for by for example a cluster of servers. SQL query caching has also been a suggestion to easy strain on resources.
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During this planning stage of our auctions we are considering whether to guarantee a price for someone who commissions us to sell their domain. In another niche we wouldn’t bother with that incentive but we are wondering if there is any possibilty of having something resembling a pricing guideline for the different geo-generics.
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The benefits will be both many and diverse, to what extent depends on how we set it up - what our goals are. We are speaking as geo-generic domain owners who are part of the Association, at the moment the only ones but we have the same interests as anyone else who owners one or more geo-generic domains and so we feel that outlining what we would like to see this association become is somewhat indicative of what others would and will want as well.

Money would be nice, for a start. If Associated Geo-generics Dot Com offers me some money as an incentive for having a developed site as opposed to a parked page then that would please me. How much money we will talk about but in general money would make a nice component of the benefit package. What else?
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Since we are planning on becoming involved in domain auctioneering and since we have concluded that it is in our best interests in every way to try and attract potential end-users to our auctions. We believe domain owners will get the best price from someone who understands the advantages of being able to call that domain their own, the assumption being that there will be at least one who will pay what the domain is worth over a period of time so that they will pay more than a speculative domainer will bid.

Which isn’t to say that the domainer ought to be left out of the auction - which brings up the two main questions that this post is intended to examine. First, who might be potential end-users and how will they be attracted to the auction? Second, who else apart from the obvious end-users might be interested? Since our first auction is tentatively going to be that of “PuebloHomeSales.com”, followed by “AnaheimHomeSales.com”. We will address ourself to these domains while of course also taking into account the more general case.
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There are only a relatively few pure geo names and only a small portion of them are for sale. The number of pure geos (like vancouver.com) that are for sale will undoubtedly continue to shrink as they are developed. Beyond that, the value of the pure geo will be high, even for an undeveloped domain. We suppose there is value in a pure geo (speaking in the city sense, not the state or county) where there is any sort of population - we would go so far as to say that even a village/town of 1000 people is worth quite a bit more than the registration price, as long as it is a “dot com” - unless otherwise stated we are always speaking of sites with the “.com” extension.

However, we’re going to make an assumption that there are perhaps 600 cities (in the english speaking world, with a focus on the USA) that might be considered to be a viable pure geo website. We are going to make another assumption and say that maybe 100 or those cities might be available to buy in the next few years. There isn’t really much action in the pure geo domain niche, maybe the prices are newsworthy but certainly there aren’t a lot being sold. The geo-centric domainer’s next best niche is the “geo-generic” one.
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Eventually the Associated Geo-Generics Dot Com association is going to be big enough to purchase some advertising that lets people know of the existing situation which would be one where a person could just type in their currently desired geo-generic domain name and have an excellent chance of finding an appropriately developed website. The goal of the advertising is to make sure that everyone knows this.

Imagine that each member (and there are a potential 200,000 of them) contributed $100 and we could afford a Super Bowl type of commercial and a comprehensive ad campaign to follow. We imagine that an ad like the one described below would be effective and describing it also illustrates the points that would make our association a strong and viable one.
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In our quest to have the perfect auction we are exploring a number of auctioneer technologies. We don’t want to be an auction company, not that auctions are not part of the plan but future events will dictate how much time, money and effort that we wish to expend. To that end we have decided on a possible goal of 1 site per day but we are going to try it with 2, the premise being that with technology thinks are often good for 1 but not more than 1 and often if they are good for 2 then they are also good for up to 64,000 at least. Perhaps a different way of saying that would be that we decided to use a “scalable” auctioneering solution even if we eventually decided to do just 1 a day.

One problem with software is that there isn’t much of a personal touch. Our goal is to promote an association of geogeneric domain owners and we think that there ought to be as much of a personal element as possible to initial attract them and that we should continually demonstrate the willingness to include a personal element to our endeavors. Future personal communications will be easier if there is the ability to use the software necessary for audio-video capability and so we think it would be nice to demonstrate our ability by including this personal aspect where we can and in this case that means our auctions.
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Geo-generic Predictive Domaining (GGPD) - the art and practice of anticipating a trend or new technology and applying it to the geogeneric domaining industry, if possible. Especially attractive about GGPD is that once you have identified the term(s) associated with the upcoming trend or nascient industry it can be applied to numerous geographical locations.

Of course what is necessary is that the opportunity is applicable and amenable to geographic locations - at one time “motherboards” might have been a hot term but a person who registered 500 city domains with the “motherboards” suffix would have been a person who didn’t understand that it was unlikely that every city needed a site dedicated to motherboards.
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Our Geo-generic dot com auctions are going to be different than the standard online domain auction. You can understand why a site attempting to auction 1000’s of domains every day needs to have an automated bidding system but why does Bido.com, who only auction one name per day, have an automated bidding system? Probably at least one of the people running the site is going to be monitoring the site during the auction, I would be very surprised if there weren’t three people there glued to the screen during that one hour. You would think it would be easier to have a live auctioneer.
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If things proceed as planned we will be auctioning off geo-generic domains from this site. The first auction is tentatively scheduled for the last week of August but it could happen sooner or a little bit later. There are a few hurdles to clear but at this point it doesn’t look like they will be difficult ones.

There will be a different flavor to our auctions - that is because we have multiple objectives and these objectives will play a part where the bidders are concerned. Our objectives are or will be more fully explained in other areas of this site but we will touch on a few of them while explaining the factors that give our auction its “different flavor”.
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