Earlier today Rick Schwartz & Michael Berkens both wrote about an unfortunate incident at Moniker.com. I heard the details about this incident a few days ago in an off the record conversation. While the customer is understandably angry he is also focused on seeing changes made that will help prevent such incidents from happening again.
Our latest monthly newsletter is being emailed to opt-in subscribers this weekend. It is also available online. This month we have a special interview with Boxcar.com founder and domain industry veteran Mike Fiol. Mike talks about his innovative new domain auction platform as well as his work at DomainConsultant.com.
A simple way to weed out bad domain name offers.
If you receive a lot of inquiries about purchasing your domain names, then you probably get frustrated about responding only to have the person disappear after the first contact.
There are many ways you can manage this, but I thought I’d pass along a tip a couple large domain owners tell me works. Whenever you receive an inquiry, tell the person to make an offer to you via Network Solutions’ Certified Offer Service.
The first benefit is that the buyer will have to pay $19 to make the offer. You’ll know right away if the buyer is a serious end user or not. An end user should be willing to pay a measly $19 to submit an offer.
The second benefit is Network Solutions will handle the negotiations and escrow. They charge the buyer a 5% fee if the deal goes through. (I should note that Network Solutions “certified offers” aren’t completely certified.)
Now this tactic isn’t for everyone. If you get a lot of domain investors interested in your domains they probably won’t bite. Some smaller buyers will balk at this as well. But even if they do, they’ll probably come back with an explanation that at least shows their level of interest.
An alternative is to send them to offers a service similar to Network Solutions, but it is $69.99 plus a 10% buyer premium.or to purchase the domain, although you will have to cover the commission. Still, this may be worth it if the broker will work on your behalf. Go Daddy also
© DomainNameWire.com 2010.
Get Certified Parking Stats at DNW Certified Stats.
After taking a year off in 2010, Domain Roundtable is open for business again. Registration opened today for a 2011 show that will be held March 1-4 in a spectacular new setting on Paradise Island in the Bahamas. You can save $300 by registering early. Plus, we have background on our latest Cover Story profile.
New Cover Story at DNJournal.com: Most of you know about the big splash that the .CO extension made after the Colombian ccTLD was re-launched and made available for worldwide registration last July. But you haven’t heard the story of the man behind .CO’s rebirth, 32-year-old Juan Diego Calle, the CEO of the .CO Registry.