Chinese domain market report : The strategy of bidders ‘First’ and ‘TwoTwo’ on NameJet

Domain sales Made in China.

Domain sales Made in China.

We’ve previously covered the activity of a popular duo of Chinese domain investors, who are prolific on NameJet.

NameJet users ‘First’ and ‘TwoTwo” are in fact multi-member accounts, able to leverage large funds.

In a humorous approach, we suggested a winning method: pool one’s family funds together. 😀

Funny stories aside, there is a pattern we observed in how First and TwoTwo interact with each other on NameJet.

When one of them is in the lead, there is almost never a leap-frogging of bids by the other.

When a “damn Westerner” bids higher than either one of the two, both First and TwoTwo join in with further bids.

When neither First or TwoTwo make a move past the initial $69 dollar bid, someone else wins the auction.

This leads us to believe that they are in communication with each other.

Hopefully, our observations will help domain bidders on NameJet improve their strategy. 😀

We keep track of Chinese domain sales of short domains, for the .CN, .COM and .NET TLDs, as long as they are between 2 to 4 characters in length.

Here is today’s list of domain names, rather skinny:

bhfx.com
htpw.com
lxtp.com
rlqh.com
wzrs.com
yhpg.com
yrxn.com

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