- Nov 5, 2020
Same playbook as Uniregistry, whether or not it was planned from the start. Godaddy is the 1000 lb gorilla of the domain space flexing its flex.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.
Thanks for the suggestion, I'll make sure to feed that back.@jamesiles
Hey James, I would like to confirm/recommend something for when the February switchover happens.
If you haven't already, please make sure to incorporate a notification, at the Offer stage, of exactly what the Commission Rate will be. I know Uni has it built-in, but GoDaddy and Dan do not, simply because these venues previously used a static percentage. Afternic... who knows, as I don't get many offers, just broker requests.
Any new system will have growing pains and my fear is receiving an offer on GoDaddy in February (with nameservers on Dan.com), accepting it, and then finding out it's been erroneously set at 25% commission rather than 15%. This commission number needs to be shown upfront with any offer received on the GoDaddy Network, even just for seller piece of mind.
Very interesting Maple, and yes, these big buyouts usually come with "timed events" that happen 1 year, 2 years or even more after acquisition. It usually gets weirder and weirder.
Next on GoDaddy's list, use the 15% "send your traffic to GD" carrot to harm Sedo enough to also buy it out, or just simply run it into the ground in a few years time.
That is my understanding. I have not used Dan-Afternic integration up to now, but my reading is same as yours, if staying after Feb 1 there is no downside in doing so.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?