The other day Raymond Hackney started a series on TheDomains.com entitiled The Good the Bad and the Ugly, the first post in the series was about Godaddy. I posted some of the things that I like and don’t like about Godaddy as a whole. The thing that people seem to like the most about Godaddy is the customer service, and I have to agree, I usually have a great experience anytime that I need help. The thing that caught my attention in the bad category was the amount of people that don’t like that the a name can still be renewed after the auction ends.
I can understand how that can be frustrating and it’s happened to me many times. On the other hand I’m guilty of renewing or transferring names out after they’ve gone through the auction process, usually it’s because I’m behind. I used to have everything on Auto renew but then I’d pay for names that I didn’t want to renew so I turned them all off. I have a solution that I think would make everyone happy.
What if you could reap the benefits of your name going through the expired auction? Let’s face it, trying to sell a name you own on Godaddy auctions puts you at a distinct disadvantage right off the bat. You’re trying to get eyes on your name while going up against 20-30 some thousand expiring names. The expiring names start at either 10 or 12 $, your name starts at $20 and if it sells it for $20 you’ll only get a $5 return. Who want’s to do that? Then you have the “traffic” stats that the expiring inventory has. Once the name expires the name servers are turned to Godaddy servers and visits are tracked for the time period before the auction start.
What if you could opt in to the expiring auction of your domain, let the sale go through and get a portion of the revenue? Maybe it would be slightly higher than the 20%, maybe not, but more auctions would complete, your domain would be on an equal footing with the rest of the expiring inventory, Godaddy wouldn’t lose the sale because you transferred the name to another registrar to avoid the $80 recovery fee, and the buyer gets the name they won.
Godaddy is selling the expired inventory at 100% profit, minus any infrastructure maintenance and other costs of doing business, but they’d be running that anyway. I actually think that the amount of names that sell would increase. If I have liquid domains that are on the low end of the spectrum I have an outlet to sell them and make some money, If I have higher priced inventory that I’m thinking about selling anyway I’ll let it go through the expired auction to avoid the hassle of listing it anywhere else.
With Uniregistry I can now sell names that are registered there with no commission and just a small percentage transaction fee. It’s one more thing that makes Uniregistry more and more attractive. If Godaddy had something like I’m suggesting, I’d be less inclined to transfer my name’s away, because I know that even if I forget to renew them I’d have an out, to not lose my ass on a valuable name, not to mention my names would have the same advantage and be indistinguishable from other expired inventory.
The NameJet picks probably have tons of crazy $1000-$2500 reserves, I didn’t take the time to filter them out. I’m probalby should in the future because I really don’t want to promote Buy Domains retail domain sales. Hopefully this changes soon, same thing going on that we talked about before, Buy Domains is using NameJet to promote their domains with reserves set in the range of the current BIN price on their site and Afternic. I went through the list yesterday and placed some backorders. I picked over 250 names all words or brandables, around 200 of them were owned by BuyDomains with the $1000 + reserve.
- Main List
- No Bid List
- Names with Bids
- NameJet
- Flippa/Sedo
- LLLL.com’s
- LLL, CCC, 5L
- Other LLLL’s
- Short Brandables
- Numbers
- One Worders and Other extensions
- Vape, Vegan, VR
- Snap Names
- NamePros
Main List
The No Bid List
AlternativeFolk.com Could be hippies or Aliens
BlockUnchain.com Still not sure how the whole Block Chain thing works, something about doing math problems that connects to other math problems that somehow morphs into money. This is those links coming apart.
EverChain.com The links never come apart with this name
FormerIllegal.com A political name for illegal alien amnesty
GoSyria.com Syria is still in the news
iEatOut.com I’m assuming it’s about grabbing food, but it might not be
LineStraight.com It’s a thing in reserve order, but it could be a brand
MasterPod.com Pod is still a trendy word
MultiStat.com Takes all the stats you need and outputs trends
MythFix.com Like that site that corrects urban legends
NewWage.com A brand for finding a new job or new ways to make money
NinjaSecurity.com Hire Ninjas to protect your home or business
NYCActive.com A Gym or health blog in NYC
PlugBlue.com Ads maybe?
RXLawsuit.com A site for medication class action lawsuits
SecretSide.com This is probably referring to 4D 5D it’s the secret dimension that no one knows about
SeoPrime.com Seems like a good SEO brand
SeoPrimer.com A guide to SEO
SpillReport.com Maybe a site that tracks large oil spills
TapIntoEnergy.com All kinds of uses, drinks, oil, natrual gas, solar
TerraShelter.com Earth shelter
ThriftSense.com A site that saves you money
TodayAlive.com I see it as Feel alive or active more so than not dead
TrendyKitty.com Lots of people love Cats
WatchRight.com Because watching wrong sucks
ZeroPlans.com A vacation name, no plans nothing to do but relax
CityShore.com Go to the beach in the city, watch out for needles
DraftNext.com A sports draft pick name, who’s next?
EarthNutrient.com Soil or fertilizer
EndYourCommute.com Work from home
ExclusivelyHere.com This site is the only one that sells this product
FinerTime.com The good old days
ForceLegal.com A legal force to be reckoned with
GetHands.com Find people to help
GoatQuote.com Sounds funny, tell everyone what the goat says
HealingSteam.com A sauna name
HealthDude.com Works out 8 times a day
HoundWalk.com A dog walking service
ImQuitting.com Quit bad habits
iWaist.com internet waist line?
KickMarket.com Sell soccer or “football” gear
MrsVegas.com Has been Miss Vegas off and on 9 different times
NerdBurglars.com Sounds funny
OneAndOut.com Get one and get the hell out
PaintBiz.com Not a bad painting name, sell it for a few hundred bucks to your local painter
ShipFish.com Hopefully it gets there fast, could go very wrong
Names With Bids
TechTrot.com has traffic I think
EnergyOne.com The first in energy
Seville.org City org name, It works well
Names With 1 Bid
Namejet
WatchOnline.tv A nice Span the dot name
CharlotteCountyRealEstate.com Not sure where it is but I’m sure they buy and sell property there
BathroomsOnline.com Design your bathroom remodel virtully, then print out the blueprint
InterLearn.com
TaxRemedy.com
WordSystem.com
Cobrand.com
ImagesOnline.com
GlobalPrograms.com
PrivacyMarket.com
Valentine.com
Nudities.com
kinkys.com
YellowChair.com
volcon.com
OrgZone.com
InventorsWorld.com
GiantBear.com
BritishPage.com
FundingExpert.com
TreeMedics.com
StopCell.com
YouthAssistance.com
QualityLink.com
LocalGallery.com
GourmetSolutions.com
SafetyAssociation.com
CyberSki.com
OilLeases.com
BlueResearch.com
QualityTees.com
FormSubmit.com
YoungDemocrat.com
UltimateTour.com
MarineTrade.com
TakingTime.com
SwingHigh.com
NightMonkey.com
OralTest.com
WorldsVoice.com
WomanGroup.com
HonestPerson.com
NoEnvy.com
OilBuyer.com
SecretStorage.com
ParallelProject.com
ManyMiles.com
tekee.com
Bioethical.com
spookies.com
CombatCancer.com
FloodEmergency.com
VertLine.com
FreshOutlook.com
OceanGuardian.com
ExecutiveShop.com
NationalDigest.com
MeatPack.com
TherapyTreatment.com
QualityFishing.com
TechAlarm.com
EmployerMatch.com
ProfessionalRehab.com
LiveDisco.com
MrMood.com
TryMoney.com
MultipleVoice.com
HappyYears.com
FilmLive.com
ModernPoverty.com
ChildSolution.com
FamilyTrek.com
TalkToo.com
QuickRoad.com
BetterPro.com
HomeAlternative.com
ValleyEstate.com
GoGenes.com
SolidLiving.com
WalkWorld.com
loday.com
kurax.com
IdealFlorist.com
allkidz.com
ClinicalSystem.com
TrailRanch.com
AntFree.com
TrainingQuest.com
ClassLeaders.com
ProjectMethod.com
CheckLocally.com
youngu.com
GreenGovernment.com
eqxb.com
LowerTheRisk.com
AtTheRoot.com
EarthNeeds.com
NaturalSynergy.com
ProInvestigations.com
overone.com
aspecialkind.com
StopHack.com
VirtualLeader.com
PracticalCloud.com
vuzed.com
GreenSee.com
StackAttack.com
AutomaticTime.com
DoTake.com
bandiga.com
TodayBuzz.com
PeopleExchange.com
GreatSavior.com
gotsin.com
tekfolio.com
BusyWay.com
lzzll.com
OrangeBack.com
Flippa/SEDO
Save Money With Daddy Bulk Domain Registration
Your LLLL.coms of The Day
LLLL’s that End Users Might use someday
LLL’s, CCC’s, 5L’s
Brandables
MORE Short Brand Dot Coms HERE
Some Numbers
One Worders and Other TLD’s
Vape, Weed and Vegan Names and VR
Snap Names
NamePros
Have a name at auction and need more exposure? Send me an email. We Charge $10 per name per day. We may be able to help. If you have an auction you want to promote, email us for details.*All names chosen by us, Shane and Josh . (ie you click through and purchase a name you like) or an occasional paid listing. Everything we say is based on our own research or is opinion. Do your own due diligence. That means look it up yourself if you don’t think the stats or our opinion is correct. We hand choose the names but we are paid to make this list by both the auction houses, individuals that are auctioning names, and Godaddy affiliate links. Keep that in mind and only buy names that YOU think are good
Excellent suggestion for Go Daddy to implement.
Thanks Keith, I think it would work well for everyone.
I think Fabulous pays the domain owner 80% of what the expired domain sells for on Namejet. 80% sounds reasonable because 20% is the upper end of what brokers take on a sale. This has been around for years and is not a new idea. Godaddy is greedy for taking 100%.
You will receive 60% of the final sales price (minus the renewal fee) for all domain names sold through this service
Thanks for the correction.
That’s cool didn’t know they did that, I think I’ve owned a grand total of 3 names at fabulous.
Thanks for the mention Ike and thanks for commenting in the post.
No problem Raymond, I think it’s a great idea. Hopefully the companies will take the information gathered and make better products.
I agree with you on the rev share at Go Daddy, I wrote a post last year saying GoDaddy could give us a Christmas present and share revenue. I think eventually all registrars will see that it makes sense to implement something.
I think if they started it as an “opt in” program most of their inventory wouldn’t be affected at all.
What I mean is that essentially investors would be the only ones partaking of the program. Companies and individuals that have let their domains expire either have little to no knowledge of the expiring aftermarket or could care less about what happens to the domain once they’re done with it. They have no expectation of selling the domain under normal circumstances.
Maybe that’s not really fair but I think it would make it easier for Godaddy to accept since the vast majority of the inventory wouldn’t be affected.
It would be a great retention tool for the registrars as well. I certainly think investors would think twice about which registrar they use if they had a default revenue option.
Godaddy would dominate even more both as a registrar and marketplace if they implemented rev share for expired domains. Hand register a good domain for $10 and if you don’t sell it yourself in a year you have a chance of getting most of your money back if someone else buys it for $12 after it expires. For large domain holders, this would give them an avenue to liquidate as Godaddy expired auctions usually get the best prices – even better than Namejet imo.
Most of my portfolio is made up of Godaddy auctions. I hope they do implement your suggestion.