The Daily recap of Shane’s Auction Picks, the 2nd of April 2016
This is my brainstorm concept of the day. A few days ago I talked about the problem with premium renewal names, from an investor standpoint. The Registry is in effect pricing the investor out of the equation with premium prices. There’s nothing wrong with this from a business standpoint, in fact, they might find that it’s a better model with some strings.
New strings are here despite what our opinion of them might be, but how can the domain investor be involved in the process if we’re priced out of the game by premium registry prices and renewals? Like we said the other day, there is opportunity for commission and referrals, but there’s no way to put time and effort into promoting a name and be assured of the commission.
So what about this idea: Some kind of domain option buying. There’s a few ways this could be done. Let’s say a domain has a premium price and renewal of $1000 currently. Lets say that they also currently offer 30% commission, putting the amount to the registry at $700. I’m assuming they’d go lower if you were paying for an option, let’s say $400.
In this scenario I could buy the option on this name for $40 with the right to exercise the option at $400 within a year or some predetermined time. I can then set the premium purchase price at whatever I want for the domain, the premium renewal would probably stay the same. The name would then be listed for my price across all participating registrars. It then becomes by job or in my best interest to promote or do outbound sales on the name.
I don’t actually have control of the name so I can’t do anything with it, but I can participate in premium NGTLD’s without having to pay retail prices. The registry and registrars get income from my option speculation, plus they have investors promoting the crap out of said names, which would in turn result in more sales. It seems like a win win for everyone.
Certainly there would be many different ways to implement this concept. Different terms, length of option, percent of option and so on.
SimpleGifts.com 19 years old. PR4. And in reality its what we are looking to buy someone.
2,247 USD Or make or find lying around the house. Gift cards are really simple.
2,025 USD It’s more Prescription Domain Shane, “ I got a fever and the only prescription is more Domain Shane”
BlossomTrail.com No bidders. Quite a few things named Blossom Trail
YouTell.com Not really sure why its getting so many bids
1,780 USD Was there traffic with this one? It’s a decent name but that seems like a high wholesale price.
UBCW.com 11 years old and W for Worldwide
EQPS.com All I can think of is ESPN. I would imagine it gets some typo traffic although Godaddy shows only 7 visits a month
GNTT.com Used to be worth $2K. Let’s see what it goes for now
HealingRetreat.com Sounds like a nice place to relax. Some good backlinks
1,247 USD At first I was thinking I don’t like the ing on the first word, but after a closer look it’s one of those words that has to have the ing. Heal retreat doesn’t sounds right.
SuccessInSoccer.com 14.7K backlinks and a PR4 are driving this price
BNLT.net, 171 USD
MLRY.net, 256 USD
BISI.net, 155 USD
SFFY.net, 178 USD
MYYD.net, 182 USD
What they lack in price they more than make up for in quantity for sale most days
XWST.net 168 USD
This one is a little special because it has 22,800 backlinks
JJE.co At $100 at press time. Average price has been a little higher than this
176 USD Seems a bit low
FJTC.cc Average price for these is $120ish
MYYD.cc What I said above
389x.com Are we still doing this type of name. Its getting bids so a few people are
838r.com If we are this one is pretty nice
808500.com Not getting a lot of love but I think its very memorable
TastyMuffins.com I may just be hungry but like this one. At $25 at press time. Low BIN IMO
150 USD Bought at BIN
Transcribe.io Nice name to use if you offer this service. A few sold jobs would pay for it at this price
6 days left
Shak.com 18 years old. Doesn’t pass the radio test but short and could be worked around
Edocs.cloud I don’t believe this bid for a second