NDX open for business as of minutes ago.
NameDrive’s new domain name marketplace, called NDX, is now live.
NDX allows sellers to list domain names either as “make offer” or place the domain name directly in an auction. There are no specific requirements for domains listed at auction, and sellers can choose the day and time they wish the auction to end. Auctions last from 3-14 days and can also include “BuyNow” prices.
Commissions are only 7% for most domains, about 30% less than most online domain name aftermarkets. Domains parked with NameDrive have commissions as low as 3%. Most ccTLDs and gTLDs carry no minimum commission, and all commissions will be waived through the end of May.
Because NameDrive is a parking company, domains parked at NameDrive that are listed on NDX have the option of displaying parking stats including views and revenue from the past 30 days. This is an extension of NameDrive’s existing “Park & Sell” program.
NDX also has a certification program that allows buyers to make higher offers and sellers to list domains at higher prices.
I’ve been test driving NDX over the past few days and believe it could help push the domain aftermarket forward.
As part of the launch, NameDrive has completely revamped its main web site.
JackpotClub says
I set up a domain on NDX Market for auction and it seems to have gotten a bid for $8000.00 but when I check my account it shows no bids. I’ve been trying to reach support but it looks like they don’t respond on the weekend? I also wanted the auction to run at least 7 days but it seems to have defaulted to 3 days! Maybe it was the confusing interface and I selected the wrong option (quite possible). But they should at least have some way of contacting them for help during an auction.
Ed Russell says
Hi JackpotClub,
When you start an auction, the Start Price you select is shown as the Current Bid on the domain bidding page. If you look at the number of bids made, it is still 0.
As to the runtime, we have not had any problems in testing and I feel that the ability to select the precise day when an auction ends is pretty intuitive, but we will be happy to look into it.
Ed
JackpotClub says
That’s all well and good but I still have not gotten a reply to several emails I sent before the auction ended, kinda disappointing.
JackpotClub says
Well it’s almost a week now and I still have not gotten a reply to the emails I sent. If your staff can’t even find the time to respond to requests for help, how can we believe that placing domain(s) with your company well fair any better at auction or for sale?
pashka says
Maybe it was the confusing interface and I selected the wrong option (quite possible). But they should at least have some way of contacting them for help during an auction.