Our domain auction platform is now all set to do business. We have been testing it for the past couple of weeks, and all the bugs that we encountered have now been fixed.

In the very near future we will start sending premium domains to our auctions on a daily basis, right here at eBusinessDomains.com.

We are not aiming to compete with the big boys in the domain auction space. Our aim is to use our domain auction platform as just another useful tool in marketing premium domain names, especially to end-users.

One of the ways in which we will be using our domain auction platform is to use domain auctions to set the right market price for premium domains. When we receive offers on our domains from end-users, we may choose to send the domain to auction where other potential buyers can bid on the domain name. The reserve price will be set at the last offer received prior to the domain going to auction.

Of course, we would do some negotiations prior to the domain name going to auction so as to secure the best possible reserve.

However, NOT ALL of our domain offers will be sent to domain auctions. We will only send domains to auctions if we believe that we will have the right audience who may be interested in the same domain name.

The success of any type of auction depends on the right audience. If we don’t believe we have the right audience or can attract the right audience to a particular domain name then it may not be worthwhile conducting a domain auction.

We will cherry pick which domain offers we send to auction, as the sale of certain premium domains would be better negotiated in the conventional way.

We will however be sending at least one of our premium domains to auction on a daily basis, starting in the very near future.

Our auction platform was designed to be extremely easy to use. Participating in our domain auctions will be as easy as 1, 2, 3!