While Sedo’s earnings continue on a downward path, some metrics point to improvements.
In a lot of ways, Sedo Holding’s quarterly financial report (pdf) published yesterday was more of the same.
The company saw its performance at Sedo weaken, while its affiliate business affilinet grew a bit.
But there were also a couple positive metrics for Sedo. The number of domains listed on Sedo increased by 1.7 million and it also increased the number of parked domains on its platform by 300,000.
Overall, though, Sedo’s domain parking business remains in a funk. It is trying to cut costs, but the drop in revenue is outpacing the decrease in costs.
Sedo’s domain business has shed quite a few employees. It ended Q1 with 138 employees, down 15 from the end of the year. At this time last year it had 170 employees.
The domain segment revenue was down 14.1% compared to Q1 2012.
Sedo blames an overall flailing domain parking market and low cost rivals (e.g., domain parking companies that give a higher revenue share to customers) for its challenges.
John says
Sedo always paid like dog-doo and they always put links to their sales platform at the bottom of all parked pages. If a domain owner refers a sale, they get nothing.
Thanks a lot for nothing, Sedo!
They raised their fee to 20% for sales but still allow dead beat buyers and game players.
Thanks a lot for nothing, Sedo!
They never did a thing for us, so why should we care now that they need us?
I pulled all my inventory last year and could not be happier not paying the 20%, getting higher sales amounts since I know the buyers, and don’t have to log into Sedo every time I get an offer.
I’m very happy without them.
Duh says
I removed all 3,000+ of my domains from the Sedo platform over two years ago. I get as many sales as before, but without the commission.
ChuckWagen says
Is Sedo listening?
Also, their site navigation is amongst the worst. Their search platform IS the worst.
Nic says
The thing I object to: why does the “pro” service not offer a white label solution (without the silly sedo footer – referred to by John above); and a customisable contact hyperlink.
So easy to implement.
Not sure why I put up with it.
Adam says
Wow 300k names switched over to sedo ? Was that for a day ?
John I’d be curious to know if there is anyone on this planet that has received affiliate revenue from Sedo.
Andrew Allemann says
I received some affiliate revenue from Sedo back in the day (when I used affiliate links on DNW). I think I referred a domain that sold for about $100,000 once, if my calculation on the affiliate share was correct.
Andrew Allemann says
I should say I referred a buyer that bought a domain for $100k.