Dan commission rates are going up by 6-16%, not 5% (1 Viewing)

lotsofcoffee said:
What about alternatives? Bob Hawkes in that Twitter thread suggested Squadhelp White Label and Sedo BIN pages. Any feedback on these? His Rename.ca site looks good.
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I started working on a clone of Dan.com after it was acquired by GoDaddy, but it's been on the backburner since October. It uses the same payment processor (Adyen) and I was in contact with a company that automatically processes Interac E-Transfer payments.

I'll get back to it if there is interest.
 
25% is outrageous, even 20%. 15% is even pushing it, that's a lot of money from the seller on a big domain sale.

I'll be making some changes to where my domains point based on this.

I think there should be some tiered system where the higher the sales price, the less the % commission. It doesn't take much more effort to handle a $1000 domain sale than a $50,000 domain sale. at least not the difference of a 25% commission on each.
 
If they do acquire it, it won't be cheap. CEO isn't fan of GoDaddy.

Commision on it will be 10% or cheaper on Spaceship. They're beta testing it now and will have to wait and see.
 
One thing I'd like someone to clear up:

If I'm using a GD-based nameserver, is there any current downside to enabling the Dan domain network setting?

I have it off due to the extreme difference in commission right now, but on February 1, it should be 15% across the board, no matter what, right?
 
I saw in other discussions Daaz.com and Sav.com recommended as well... so there are at least 4 alternative worth looking into
 
It is pretty crazy for me to pay 15% commission for a sale that most likely came from direct traffic to the page. If it doesn’t generate more sales I don’t see the benefit in listing with these companies. Do everything yourself instead.
 
theinvestor said:
It is pretty crazy for me to pay 15% commission for a sale that most likely came from direct traffic to the page. If it doesn’t generate more sales I don’t see the benefit in listing with these companies. Do everything yourself instead.
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Shouldn't we get paid to drive traffic to their marketplaces? It seems to me we're helping them more than they're helping us!
 
rlm said:
Shouldn't we get paid to drive traffic to their marketplaces? It seems to me we're helping them more than they're helping us!
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The nameserver part is pretty crazy.

Funny thing is a lot of my nameservers are at GoDaddy for domain registration DomainControl.com but I don't think that counts. :LOL:
 
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rlm said:
Shouldn't we get paid to drive traffic to their marketplaces? It seems to me we're helping them more than they're helping us!
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Well, for people like me who forwarded a lot of domain anyway, it might actually help my numbers a bit. My last 3 sales would have snagged me an extra $400+ had these occurred in Feb. I also could have theoretically lost money had these all been at Dan. Flip a coin, but I think on an annual basis I'm a bit ahead or at least breaking even.

What I think GD is doing here is trying to kill the other marketplaces. Other than the GoDaddy Auction Marketplace and its huge intrinsic user base, everyone else depends greatly on forwarded traffic to drive leads and sales. So if GD's new plan steals user traffic from Sedo, then it will cause that business serious harm.

* The thing that has bugged me about this from Day 1 is how Undeveloped/Dan clearly manipulated domain investors. They did a call-to-action to join their "rebel" option and provide an alternative to the "GoDaddy machine" and due to us, started to be a force in the business... then they take the short money payoff and immediately sell out... and worse, to GoDaddy.

That tells me they only started Undeveloped/Dan with the prime goal of attracting a big money buyer and selling out, and all the rest was just lies. Sad world we live in.
 
DomainRecap said:
* The thing that has bugged me about this from Day 1 is how Undeveloped/Dan clearly manipulated domain investors. They did a call-to-action to join their "rebel" option and provide an alternative to the "GoDaddy machine" and due to us, started to be a force in the business... then they take the short money payoff and immediately sell out... and worse, to GoDaddy.

That tells me they only started Undeveloped/Dan with the prime goal of attracting a big money buyer and selling out, and all the rest was just lies. Sad world we live in.
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Everyone has principles right up until big money knocks on the door but who can blame them...
 
rlm said:
Everyone has principles right up until big money knocks on the door but who can blame them...
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I firmly disagree and even personally know people who have refused huge life-changing money to sell out and instead kept their business(s).

In all depends on why you went into business in the first place.
 
MacMan said:
https://twitter.com/i/web/status/1611056750337134595

Looks like godaddy is falling on hard times, just like amazon :unsure:
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Yeah, I'm sure it's bread-and-water for the executives at both companies. :ROFLMAO:

It's just late-stage capitalism (the period before the entire system crumbles) where everyone is trying to build up as much cash as humanly possible to hopefully withstand the terrors to come.

Why do you think every billionaire has multiple bunkers/secure islands and guys like Jeff Bezos are building "luxury hotel space stations"?
 
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