Displaying posts under "Expired Domains"
Valuable expired domain names will continue to be auctioned off through NameJet.
News broke over the weekend that Web.com had acquired expired domain name service and domain marketplace SnapNames from KeyDrive.
The first question to pop in to mind for many people is what this means for competing service NameJet. NameJet is a partnership between Web.com and Demand Media. Web.com also sends its expired domain name inventory from Network Solutions and Register.com to NameJet.
This is some of the best expired domain inventory because Web.com’s registrars have been around for a long time. Older expiring domain names are often valuable.
I reached out to Web.com to find out what the acquisition means for NameJet. The company confirmed that Demand Media is not involved with the SnapNames acquisition. It also said that it will continue to send domain names from Network Solutions and Register.com to NameJet.
I questioned the inevitable conflict between owning SnapNames outright and only part of NameJet. Here’s what the company had to say:
The acquisition of SnapNames enables Web.com to enhance its existing domain related assets and provide additional services for customers who are looking for specific domain name addresses. In today’s expanding domain resale marketplace, SnapNames is a global industry leader with experience and expertise in domain lifecycle management and auction services.
The statement doesn’t disclose much. In an F.A.Q. document, the company writes:
SnapNames’ experience and leadership will help us enhance services currently offered to customers. In addition, we believe that this acquisition complements NameJet, which is the domain name auction platform that we manage through our joint venture partnership with Rightside. Together, we will be able to provide additional flexibility to service the domain name aftermarket by providing increased expertise and knowledge sharing to better serve our customers.
It will be interesting to see how SnapNames vs. NameJet plays out in the coming months.
Part-owner of NameJet acquires competing service SnapNames.
Web.com (NASDAQ: WWWW) has acquired expired domain name service and domain marketplace SnapNames from KeyDrive.
The deal will formally be announced on Monday after the closing bell, Domain Name Wire has learned. Web.com employees tweeted about the acquisition yesterday afternoon.
SnapNames ended up being a bad investment for Oversee.net. Shortly after the acquisition, Network Solutions (now part of Web.com) decided to pull its expired domain inventory from the service and partner with Demand Media on a competing service, NameJet.
It turns out Oversee.net was aware Network Solutions was going to do this prior to closing the deal, but it proceeded anyway.
Then it discovered that a SnapNames employee had been shill bidding on the site since before it made the acquisition. That inflated the price Oversee.net paid and it had to clean up the mess.
The divestiture by KeyDrive, which also owns Key-Systems and domain name parking service NameDrive, explains a confusing announcement last month that Moniker had a new CEO. Until then Craig Snyder had been CEO of both Moniker and SnapNames, yet KeyDrive’s initial press release didn’t mention Snyder was staying on as CEO of SnapNames. This makes more sense given the acquisition by Web.com.
KeyDrive has been embroiled in a lawsuit with the seller of NameDrive in a payment and performance dispute. It’s unclear if the sale of SnapNames is in any way connected.
Web.com’s acquisition of SnapNames will certainly have an effect on the NameJet partnership. It’s possible that both entities will be rolled into one — presumably more information will come to light Monday afternoon. The purchase price might also be disclosed if it’s a meaningful number for Web.com.
.Com registry offers $2 discount on deleting domain names.
Verisign is testing lower wholesale prices for deleting .com domain names later this month.
From December 15-31, registrars will be able to register .com domain names on the day they delete for $5.85. Regular wholesale pricing is $7.85 per year.
The domain names must be registered before midnight on the day they are deleted. They must be registered through the auto batch pool, which is a secondary registry-registrar connection. Most domain names registered are done through a “live” pool, which will not qualify for the discount.
This is an interesting test. The timing could be that Verisign is trying to push up its numbers just before the quarter ends. But it also could be that they are trying to figure out how to improve long term re-registration of domain names that expire. (Or maybe both.)
Verisign has considered offering tiered pricing on expired domain names, essentially discounting the price over time if there are no takers when the domain drops. But in this test the discount is only good on the day the domain expires, and the discount is the same if you grab the domain immediately after it drops or later in the day.
End user customers are unlikely to see any price decrease from the test.
NameJet’s top sales include many a handful of 3 letter .com domain names.
Expired domain name site NameJet released a list today of top sales from November.
Here are all of the sales of $5,000 or more:
Here are some of the sales from $2,000-$4,999 that I like:
buycigars.com $3,850 – big market
childrenscenter.com $3,625 – there’s a daycare chain in Austin by this name, and a quick Google search reveals lots of sites with childrenscenter within the domain.
rvbroker.com $3,157 – another big market
campusworld.com $2,469 – a good generic for a college site
mortgagetoday.com $2,215 – a quality brandable mortgage domain
DomainScope helps registrants find available domain names, including those with traffic or that recently expired.
To use DomainScope, users plug in keywords and the system returns suggested available domain names. There are also tabs for available domains with traffic as well as expired domain names.
Traffic data for available domains is still presented in the form of a score, and users of the DomainScore system have reported that the score isn’t always a reliable indicator of human traffic to the domain.
Verisign plans to discontinue the DomainFinder, DomainScore and DomainCountdown systems December 15.