Domain name registrar only charges customers the registration cost for dropping domains.
Domain name registrar Sav has taken the beta label off of its domain name backordering service.
Sav doesn’t charge anything to place backorders and doesn’t charge an extra fee when domains are caught. Customers pay only the typical registration fee, assuming they are the only person that backordered the domain. That’s currently $6.95 for .com domain names.
Sav founder Anthos Chrysanthou told Domain Name Wire that the company is catching thousands of .com domains every month, but that its biggest successes are for .co and .io domain names. Recent catches include Luxury.co, Queen.co, Instructor.io and SmartHome.io. As I write this, there’s a heated battle for Noon.co.
Domains with multiple backorders go to a ten-day public auction in which anyone can bid.
The system does not publicize which domains have backorders, so there is no issue with “tipping off” other domain investors about which domains you’re backordering.
.co is the domain extension for Columbia so why is it so popular? If for instance a company in the UK registered a .co domain name surely most of the traffic would be coming from Columbia which would be a nightmare for Google Ads?
“Colombia”
Thanks for pointing out my typo, I suffer with cerebellar atrophy and sometimes jumble my words and letters up 🙂 But thanks for pointing it out.
Most traffic to .co domain names does not come from Colombia. Colombia is too small of a country versus how .co has been co-opted worldwide as a short for ‘company’. It’s now a global extension that companies settle for when they are too cheap to buy the .com or they cannot buy the .com because it is now off the market forever because some other company paid up for it.
Hi Logan,
According to Neil Patel leading SEO Expert who owns Semrush and the owner of Open Global tend to be saying what I think that GEO Targeting a domain with a domain extension such as (.co) will not reach a targeted audience and will have traffic coming from the said location of the domain extension.
Do not take my word for it but instead read these two website articles:
https://www.semrush.com/blog/will-using-alternate-tlds-affect-your-seo-negatively/
https://www.openglobal.co.uk/articles/135-should-you-get-a-co-domain-name.html