Backorders become Auctions at WHC (beta) (1 Viewing)

FM · Sep 15, 2023

Here's the quick version of an announcement you will see in the coming week. This is already live on our site, and in BETA, some changes will be made over the next few days.

Backorders will be called auctions.
TBR auctions at WHC will now last 7 days. Auctions end on Wednesdays at 1 p.m. ET and will still be extended in the last 3 minutes.
Pre-drop bids are now $18, no longer increase automatically and are no longer visible.
Anyone can join auctions for domains we could register during the drop (with more than two bidders).
Bidding is only available in the New Client Area - clients will be redirected from the Old Client Area.

MapleDots · Sep 15, 2023

FM said:
Anyone can join auctions for domains we could register during the drop (with more than two bidders).

It had to happen, how many times there was a late drop and I did not notice it and was therefore excluded from bidding.

Even though I was not a bidder on basic.ca it is exactly the situation I was talking about. One goes through the initial offerings but something drops late and if you don't check a few times you lose out.

Personally I have always been in favour of open bids (as long as you have a verified account) and it will make it super convenient for me to go in at auction end to see if anything is still low enough for me to bid higher on.

All auctions will make more money with open bids and in the end I think it will drive up the value of .ca's in general.

DomainRecap · Sep 15, 2023

This sounds like a well-thought-out compromise between potentially ruining the ability to bid at WHC (i.e. putting 100% of the domains won to open auction - see ya!) by providing customers with the "more than 2 bids" + "bids are now hidden" points in their favour.

That means any premium will be at open auction for 7 days, but it also means I'll be placing more mid-range domain bids at WHC due to every lazyass Tom, Dick and Harry no longer being able to just grease their bids off my hard work.

I'll still have to fight against RLM, but them's the breaks. It also introduces additional strategy - what if me and RLM are bidding, then what about Eby? Yeah, what about Eby?

We'll have to see how it goes, but initially it looks like a nice blend of give and take.

WHC gets all the premiums for 7-day open auction, but buyers also get a few bones tossed their way concerning the low to mid-range domains.

DomainRecap · Sep 15, 2023

Question: Now that they're all min bids with no bid progression are we able to cancel "bids" if we made a mistake like we can at other registrars that use a similar format (CD, BM, etc.)?

FM · Sep 15, 2023

DomainRecap said:
Question: Now that they're all min bids with no bid progression are we able to cancel "bids" if we made a mistake like we can at other registrars that use a similar format (CD, BM, etc.)?

This is currently still only possible through our support. We'll consider that in the future.

DomainRecap · Sep 15, 2023

It looks like the default sort option still displays the TBR domains by "number of bids"?

Kinda defeats the purpose, doesn't it?

IMO the domains at the top of the default sort should be your Hot List domains, not a fully sorted bid list, regardless of whether the exact number of bids is (cough) "hidden".

FM · Sep 15, 2023

DomainRecap said:
It looks like the default sort option still displays the TBR domains by "number of bids"?

Kinda defeats the purpose, doesn't it?

IMO the domains at the top of the default sort should be your Hot List domains, not a fully sorted bid list, regardless of whether the exact number of bids is hidden.

Definitely a bug, I'll be checking. Thanks for catching this.

DomainRecap · Sep 15, 2023

FM said:
Definitely a bug, thanks for catching this.

It's what I do.

FM · Sep 15, 2023

DomainRecap said:
It looks like the default sort option still displays the TBR domains by "number of bids"?

It actually doesn't to appear to be doing this - at least, it's definitely not sorting by our various test bids. This is what I can see after reviewing the actual bids. Once we have live auctions it should be sorting by those bids.

DomainRecap · Sep 15, 2023

This is the default price sort and all those domains on top of "100islandcandle.ca" (where the alpha sorting takes over) have bids as I have a pretty good memory of what it used to look like:

FM · Sep 15, 2023

DomainRecap said:
This is the default price sort and all those domains on top of "100islandcandle.ca" (where the alpha sorting takes over) have bids as I have a pretty good memory of what it used to look like:

Oh the price sort - I thought you meant the bids sort. Yeah that still seems to reveal some information that it shouldn't reveal.

DomainRecap · Sep 15, 2023

Maybe you need to disable "Sorting by Next Bid" as they're all $18 now?

It shouldn't really be called Next Bid anyway, more like Min Bid.

DomainRecap · Sep 15, 2023

FM said:
Oh the price sort - I thought you meant the bids sort. Yeah that still seems to reveal some information that it shouldn't reveal.

Sorry, that's my default sort at the "old" WHC and probably everyone else's. And it is called "Next Bid"...

FM · Sep 15, 2023

You can also place bids from the Domain Auction (Center) link in the New Client area now, btw.

Spex · Sep 15, 2023

FM said:
Pre-drop bids are now $18, no longer increase automatically and are no longer visible.

A question about this one...so if i'm the only bidder, it shows $18 and I win it outright for $18. But for multiple bids, it stays at $18 and then gets sent to 7-day auction?

FM · Sep 15, 2023

Spex said:
A question about this one...so if i'm the only bidder, it shows $18 and I win it outright for $18. But for multiple bids, it stays at $18 and then gets sent to 7-day auction?

Correct. With multiple bidders, if no one increases their bid, it goes to the first bidder at $18. Similar to Namejet, just that their bids start at $60 USD, IIRC.

DomainRecap · Sep 15, 2023

Spex said:
A question about this one...so if i'm the only bidder, it shows $18 and I win it outright for $18. But for multiple bids, it stays at $18 and then gets sent to 7-day auction?

3 bids or higher it goes to open auction, 2 bids it's a closed auction between participants.

This way the real premiums are guaranteed to hit open auction while some of the mid-line domains will still go old school fisticuffs.

Like I said before, I think this is a nice compromise between WHC wanting to "bring the world in" for premium auctions, and bidders not wanting to waste time with WHC if everything and the kitchen sink would be going to "open auction".

Placing all their TBR wins to open auction would quickly turn WHC into a Premiums-only bidding place and bidders like a lot of us on here would use alternate registrars for the low to mid-range domains. I know I would.

FM · Sep 15, 2023

DomainRecap said:
3 bids or higher it goes to open auction, 2 bids it's a closed auction between participants.

This way the real premiums are guaranteed to hit open auction while some of the mid-line domains will still go old school fisticuffs.

Like I said before, I think this is a nice compromise between WHC wanting to "bring the world in" for premium auctions, and bidders not wanting everything and the kitchen sink going to "open auction".

This is not how it is implemented here at the moment, but of course, we'll be watching and consider making adjustments in the future.

Any domain that goes to auction (2 bidders or more) will be available for the public to bid on.

DomainRecap · Sep 15, 2023

FM said:
This is not how it is implemented here at the moment, but of course, we'll be watching and consider making adjustments in the future.

Any domain that goes to auction (2 bidders or more) will be available for the public to bid on.

Sorry, but that is not what you said and it's got me reevaluating my initial rating on this scheme.

4. Anyone can join auctions for domains we could register during the drop (with more than two bidders)

FM · Sep 15, 2023

DomainRecap said:
Sorry, but that is not what you said and it's got me reevaluating my initial rating on this scheme.

I see that and admit to that being a mistake in the announcement. I apologize for the wrong wording. The last few weeks have been long, so this where probably where this snuck in.

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