Uniregistry team explains how the new Market system will work.
This morning at NamesCon in Las Vegas, Uniregistry unveiled more details about its new marketplace that will be integrated with the Uniregistry registrar.
John Smrekar, VP of Product of Uniregistry, explained that there are some issues with the existing Domain Name Sales (DNS) platform that will eventually be fully replaced by the Market. It was essentially built to manage Frank Schilling’s portfolio and was then adjusted to work for clients.
Some of the issues with DNS include poor workflow, a buyer’s experience that is just email, and a manual process for completing a deal after a price is agreed.
The Domain Name Sales platform will remain live and working for the foreseeable future as people transition to the new Market. When you transition, all of your existing data and sales-in-process will be transferred to Market.
The goal will also be to make Uniregistry Market a place where people come to look for domains to buy, rather than just finding a domain for sale through the parked lander.
VP of Sales Jeff Gabriel then explained the new buyer experience.
After submitting the initial lead form, buyers will now be sent to a page to register for Uniregistry account. If they don’t complete the registration process you will still get the lead.
Sellers now have an inbox similar to an email client like Gmail (picture 1):
The interface for sellers is improved, with all data on the domain visible on a negotiation dashboard.
You can still self-broker domains if you want.
Darren Cornwell, head of product development discussed more details.
There will be instant transfer of domain names with 34 partners. This is handled through Secure Simultaneous Exchange (SSE).
There will also be a seamless checkout process.
In Q2, payment plans will be offered and handled through the system.
Market will be integrated into the Uniregistry App in Q2.
Beta users can start using the system later this month.
Uniregistry should fix its platform for affiliates. Right now, it is pathetic and they keep all the revenue or blame the system error. Too many times …same stupid excuse.
Hi Nick. Every situation is unique but Uniregistry has affiliates growing a book of business relating to their affiliate leads and doing great with it. Uniregistry Affiliate+ pays on re-billings (more like a reseller program) as well as on the initial sale. If you have a specific issue relating to a transaction can you please reach out to Taura or Michael Ward in support (support number is in the app) and we will trying to resolve it for you. It is not our culture to take advantage of our affiliates, but there are many discounts and preferential pricing on different products out there, so we obviously can not combine discounts. Also, premium names at registries such as Donuts are already discounted to the bone so there is no margin in those to share. All that said, if we’re making a mistake somewhere or doing something poorly, we’d love your guidance to fix it. Thanks and looking forward to hearing from you.
I find the domain market is full of people I can only describe as used car sales men but some of the prices being asked makes me feel like they are actually ex Nacros. Should have been set in stone along time ago that if you do not use a domain as in email once a week then you forfeit it. We had the chance to go beyond the Capitalist or Communist system but being lame humans we have let the scum in as usual.
As I said this is the new legal way for Narco’s to make money. I was just quoted $6500 usd WTF!! we already have the .com.au and have legal right to buy not at that price.