Afternic

commsskills · 08-09-2008, 02:46 AM

May I doublecheck my understanding with you?

Sales Price: $100

less:
Sales fee $60
Mbrship $20
Reg fee $10
Paypal $5 (5% of $100)

Profit $5

Thus a first sale of $100 at Afternic gives only $5 revenue to the seller?

Puzzled first-timer...

bmugford · 08-09-2008, 02:51 AM

I am not sure about the fee structure, but Afternic is not really designed for $100 sales.

There are plenty of other options to sell $100 names. Namepros, eBay, TDnam, etc.

commsskills · 08-09-2008, 06:46 AM

Thank you!

I was reading on sedo and thought i will share the results of my own research, for what it is worth

Sales: $100

less:
sales fee: $10
mbrship: -
reg fee: $10
paypal: $5

profit: $75

conditions:
(1) must park with sedo otherwise min charge of $60 applies

(2) difficult to sell in sedo because:

(a) someone must first make you an offer before you can put it in an auction...which is a chicken and egg situation if your domain does not get traffic...however once you are in a sedo auction, you are guaranteed a sale (since you already got an offer)
????: NamePros.com http://www.namepros.com/domain-newbies/501846-afternic.html

(b) put in a fixed price and hope that someone will offer it...again someone still need to be able to find your domain...but here the sale close immediately

...

Afternote: the minimum priced domain in afternic are all above $60

Mark · 08-09-2008, 07:12 AM

On Sedo , You also have to worry about different extensions being more expensive to sell - Or at least it was that way the last time I checked

As bmugford stated , Most of those type venues aren't ideal for small sales or transactions. Ruins your ROI ~

commsskills · 08-09-2008, 07:42 AM

Thanks again!

I guess i will stick to those mentioned by bmugford and the rest of you guys.

I did not realize that TDNAM is GoDaddy's. Will check this and eBay out. Thanks.

MJ · 08-09-2008, 08:49 AM

Very interesting post about afternic. Very fun to read

Sorry they take all your money.

With SEDO you have to worry about no one paying you ever and its ok with SEDO. Or they mark your account that the buyer payed you but they didn't, etc, etc, etc. Talk to most people her who have sold domains on sedo before using them. Thats just my 2 cents.

commsskills · 08-09-2008, 09:02 AM

For TDNAM:

Sales: $100

less:
Sales fee: $5
Mbr: $5
Reg Fee: $10
Paypal: $5

Profit: $75

Conditions:
(1) Sales above $500, escrow.com services are used...no mentioned of escrow costs that i could find

(2) Sales below $500, TDNAM will collect the money on your behalf and release it to you once the transfer is completed

Seems selling is not that easy

...

Do you think it is possible that after the sale is completed, the buyer can get paypal to reverse the sale?

If so, then the escrow services are not really useful, right?

I will check out on eBay later and report here.

eBay

Sales $100

less:
Sales fees:
ID Verified by ebay $5 (one-time)
Insertion fee $2
Final Values fee $5 approx (8.75% of $25 and 3.5% of $75)
Buy it now fee $1
Mbr: -
Reg fee: $10
PayPal: $5

Profit: $72

Condition:

(1) Paypal account must be upgraded to Premier or Business. I did that and apparently there are no charges for the upgrading.
????: NamePros.com http://www.namepros.com/showthread.php?t=501846

Thus all in, it is really easier to sell on NamePros, isn't it?

commsskills · 08-09-2008, 10:37 PM

...

I asked earlier if using escrow protects the transaction if the paypal buyer complains that his account was hacked into.

I found a thread that talks about how useful is escrow in handling stolen domains (for example even when you use the escrow services of Afternic, Sedo, TDNAM, etc). You might like to read it here: http://www.namepros.com/441941-warni...domains-2.html

08-09-2008, 02:46 AM	THREAD STARTER #1 (permalink)
commsskills NamePros Member Join Date: Jul 2008 Posts: 106	Afternic May I doublecheck my understanding with you? Sales Price: $100 less: Sales fee $60 Mbrship $20 Reg fee $10 Paypal $5 (5% of $100) Profit $5 Thus a first sale of $100 at Afternic gives only $5 revenue to the seller? Puzzled first-timer...

08-09-2008, 02:51 AM	#2 (permalink)
bmugford www.DataCube.com Join Date: Apr 2007 Location: USA Posts: 5,819	I am not sure about the fee structure, but Afternic is not really designed for $100 sales. There are plenty of other options to sell $100 names. Namepros, eBay, TDnam, etc. __________________ DataCube.com - Buy and Sell Premium Domains Add Me on Facebook

08-09-2008, 07:12 AM	#4 (permalink)
Mark Hi :) Join Date: Mar 2004 Location: NC Posts: 9,567	On Sedo , You also have to worry about different extensions being more expensive to sell - Or at least it was that way the last time I checked As bmugford stated , Most of those type venues aren't ideal for small sales or transactions. Ruins your ROI ~ __________________ When the man at the door yelled "Alcohol , Tobacco , and Firearms" .... I just assumed it was a delivery !

08-09-2008, 08:49 AM	#6 (permalink)
MJ Senior Member Join Date: Jul 2007 Location: Tucson AZ Posts: 1,242	Very interesting post about afternic. Very fun to read Sorry they take all your money. With SEDO you have to worry about no one paying you ever and its ok with SEDO. Or they mark your account that the buyer payed you but they didn't, etc, etc, etc. Talk to most people her who have sold domains on sedo before using them. Thats just my 2 cents. __________________ Wii Sucks - Wii Fansite Tucson Dog Training San Angelo TX

08-09-2008, 06:46 AM	THREAD STARTER #3 (permalink)
commsskills NamePros Member Join Date: Jul 2008 Posts: 106	Thank you! I was reading on sedo and thought i will share the results of my own research, for what it is worth Sales: $100 less: sales fee: $10 mbrship: - reg fee: $10 paypal: $5 profit: $75 conditions: (1) must park with sedo otherwise min charge of $60 applies (2) difficult to sell in sedo because: (a) someone must first make you an offer before you can put it in an auction...which is a chicken and egg situation if your domain does not get traffic...however once you are in a sedo auction, you are guaranteed a sale (since you already got an offer) ????: NamePros.com http://www.namepros.com/domain-newbies/501846-afternic.html (b) put in a fixed price and hope that someone will offer it...again someone still need to be able to find your domain...but here the sale close immediately ... Afternote: the minimum priced domain in afternic are all above $60

08-09-2008, 07:42 AM	THREAD STARTER #5 (permalink)
commsskills NamePros Member Join Date: Jul 2008 Posts: 106	Thanks again! I guess i will stick to those mentioned by bmugford and the rest of you guys. I did not realize that TDNAM is GoDaddy's. Will check this and eBay out. Thanks.

08-09-2008, 09:02 AM	THREAD STARTER #7 (permalink)
commsskills NamePros Member Join Date: Jul 2008 Posts: 106	For TDNAM: Sales: $100 less: Sales fee: $5 Mbr: $5 Reg Fee: $10 Paypal: $5 Profit: $75 Conditions: (1) Sales above $500, escrow.com services are used...no mentioned of escrow costs that i could find (2) Sales below $500, TDNAM will collect the money on your behalf and release it to you once the transfer is completed Seems selling is not that easy ... Do you think it is possible that after the sale is completed, the buyer can get paypal to reverse the sale? If so, then the escrow services are not really useful, right? I will check out on eBay later and report here. eBay Sales $100 less: Sales fees: ID Verified by ebay $5 (one-time) Insertion fee $2 Final Values fee $5 approx (8.75% of $25 and 3.5% of $75) Buy it now fee $1 Mbr: - Reg fee: $10 PayPal: $5 Profit: $72 Condition: (1) Paypal account must be upgraded to Premier or Business. I did that and apparently there are no charges for the upgrading. ????: NamePros.com http://www.namepros.com/showthread.php?t=501846 Thus all in, it is really easier to sell on NamePros, isn't it?

08-09-2008, 10:37 PM	THREAD STARTER #8 (permalink)
commsskills NamePros Member Join Date: Jul 2008 Posts: 106	... I asked earlier if using escrow protects the transaction if the paypal buyer complains that his account was hacked into. I found a thread that talks about how useful is escrow in handling stolen domains (for example even when you use the escrow services of Afternic, Sedo, TDNAM, etc). You might like to read it here: http://www.namepros.com/441941-warni...domains-2.html

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)