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“Right now, the domain auction industry looks like childs play, through lack of real marketing innovation to create a global ubiquitous platform for this lucrative industry after 4 years now ”

The domain “industry” for premium names has been around since the mid-90’s when registration first began.

I’m curious as to how “lucrative” is the domain industry for the average fellow. How many domainers earn more than 100K a year solely from this business?

Personally, I yearn for the day Google can step in and become a leading domain auctioneer, simply by showing aftermarket domains for sale and to bid on when a user searches google with keywords or terms. It’s really only a question of time before something like this happens, otherwise 99% of domain holdings are simply worthless simply because the current system we have is just not marketing efficient.

Why can’t these leading auctioneers learn from the Art Auction industry for instance. If you have bought from Sotheby’s or Christies, you get an auction catalogue weeks in advance of the auction, you can even go along and browse the art or antique pieces and then make better plans on what to bid on. Plus the auction catalogues create wider publicity ahead of time.

Right now, the domain auction industry looks like childs play, through lack of real marketing innovation to create a global ubiquitous platform for this lucrative industry after 4 years now.

It really really cannot go on like this, otherwise this industry will just die! I certainly hope Google is listening…we need true innovation and domainers must take heed and speak out!