New Namesilo Marketplace

[cocaseco]

Just saw this and the 7.5% commissions stood out!. Nice to have another option.

https://www.namesilo.com/Support/Marketplace

 

[Simon Taylor]

Ok - all set! We have now added watchlist functionality to our Marketplace. Adding a sale to your watchlist will result in our system emailing you upon changes to the sale. Hope this helps!

Thanks,
Is there the ability to click on a link to show you the list of watched domains as well?

 

[namesilo]

Thanks,
Is there the ability to click on a link to show you the list of watched domains as well?

Yes, you can navigate to the Buyer Resources page within the Marketplace Manager section of your account: https://www.namesilo.com/account_marketplace_buyer_resources.php

 

[namesilo]

Hi Everyone. We have just made a number of updates to our Marketplace that we thought you might be interested in knowing. Here are the highlights:

• Payment plans now available!
  • Set maximum number of months for payment plan
  • Set minimum down payment
  • Buyers receive the domain immediately after issuing the down payment
  • Buyers can prepay for their installment payments or get billed automatically. If more than 5 payments are missed, the domain is returned to you and you keep any earned payouts.
  • Add payment plan support at any time - even after bids/offers have been made. This means you can update any of your existing sales to offer a payment plan.
• New Marketplace rules for payment methods accepted to make purchasing your domains easier for Buyers!
  • Any sale or payment plan payment under $500 no longer requires a verified method of payment
  • Our minimum price to require a wire transfer was raised from $1,000 to $5,000
• AliPay, the most popular online payment processor in China, can now be used for Marketplace sales
• You can now receive payouts immediately if the Buyer pays via AliPay, Bitcoin or wire transfer. Other payment methods still require a 7-day waiting period to receive your payouts.

We hope these updates help you sell your domains by offering more options for your Buyers, easier payments for sales and faster payouts for you! As always, you can find out more about our Marketplace at https://www.namesilo.com/Support/Marketplace.

 

[Shimmy]

Best industry news I've had in a long time!

 

[iAchilles]

Kudos. Amazing news.

I know you said visitor tracking analytics is out due to bot filtering. I wonder could you implement tracking on click interaction via buy now/more info buttons?

Sales are sales and those are what really matter, but when reevaluating renewals any extra guidance on user interest is useful info.

 

[namesilo]

Kudos. Amazing news.

I know you said visitor tracking analytics is out due to bot filtering. I wonder could you implement tracking on click interaction via buy now/more info buttons?

Sales are sales and those are what really matter, but when reevaluating renewals any extra guidance on user interest is useful info.

Thanks - appreciate the feedback! Yes, we actually have a few ideas for click/activity-tracking that we have been playing around with. This is certainly very much on our radar.

 

[Arca]

There has been so much talk about HugeDomains.com starting to offer payment plans, along with the sales increases this option presumably have brought them (as it significantly lowers the barrier to buying $X,XXX domains for end-users). As far as I know, NameSilo is the first fully-fledged domain sales marketplace to make this much-requested feature available to domainers.

The increase in the requirement of wire payment from $1000 to $5000, now allowing payments up to $5000 to be funded with PayPal, credit card and other popular payment processing methods definitively removes what was a significant restriction at the marketplace, as the wire payment option was not able to capitalize on impulse buys, caused more inconvenience to certain buyers, and could be a deterrent especially for overseas buyers. The new limit surely offers buyers convenience and the path of least resistance, and moreover, NameSilo’s payment options are now better than those of Afternic, where they require a wire for payments of $2500 and above, and in line with Sedo's, where they require a wire for payments on sales of $5000 and above.

These significant updates, combined with the already solid package offered by the marketplace, and a record low 7.5% commission fee, now makes the NS marketplace look like the most attractive domain marketplace out there. Will probably move my whole portfolio over to NS landing pages in time.

Great news and thank you for continuously improving you registrar and all the accompanying services you offer to domainers.

 

[namesilo]

There has been so much talk about HugeDomains.com starting to offer payment plans, along with the sales increases this option presumably have brought them (as it significantly lowers the barrier to buying $X,XXX domains for end-users). As far as I know, NameSilo is the first fully-fledged domain sales marketplace to make this much-requested feature available to domainers.

The increase in the requirement of wire payment from $1000 to $5000, now allowing payments up to $5000 to be funded with PayPal, credit card and other popular payment processing methods definitively removes what was a significant restriction at the marketplace, as the wire payment option was not able to capitalize on impulse buys, caused more inconvenience to certain buyers, and could be a deterrent especially for overseas buyers. The new limit surely offers buyers convenience and the path of least resistance, and moreover, NameSilo’s payment options are now better than those of Afternic, where they require a wire for payments of $2500 and above, and in line with Sedo's, where they require a wire for payments on sales of $5000 and above.

These significant updates, combined with the already solid package offered by the marketplace, and a record low 7.5% commission fee, now makes the NS marketplace look like the most attractive domain marketplace out there. Will probably move my whole portfolio over to NS landing pages in time.

Great news and thank you for continuously improving you registrar and all the accompanying services you offer to domainers.

Thanks so much - very much appreciated and we are happy to hear you are pleased with the enhancements! We have a few other things on our list for our next round of Marketplace updates as we continue to enhance our offering. Thanks again!

 

[Steven McEvoy]

Man namesilo is stepping up i love it! I just wish you guys would work on the UI and Mobile friendly... its such a turn off for me, for some reason lol

But i might be making some domain switches soon to post some domains. I think you guys should keep the marketplace just under namesilo, it'll help you guys out in sales plus keep everything more organized.

Happy to see this!

I just want to say Namesilo is by far my favorite registrar, and the only one I use. Unless they dont have the ngtld yet but of course would transfer if ever released.

The Marketplace has improved so much sense 2015, excited to hear about the payment plan option, a good pro for the marketplace. I love the ability to create a sales page for your domains. Currently have domains listed cant wait for the future A+ Namesilo!

 

[alcy]

Thanks - appreciate the feedback! Yes, we actually have a few ideas for click/activity-tracking that we have been playing around with. This is certainly very much on our radar.

that realyl is some worthy news right there!

do you think adding the leasing features would be feasible within the landing pages of your free ns store? when people redirect incoming traffic to them... ty

 

[barefooted]

I would like to ask what documents are needed regadring tax information:

"Marketplace Seller Terms

• Receiving payouts requires tax information. You will be prompted to provide tax information if you have not done so already prior to listing any domains for sale."

 

[namesilo]

I would like to ask what documents are needed regadring tax information:

"Marketplace Seller Terms

• Receiving payouts requires tax information. You will be prompted to provide tax information if you have not done so already prior to listing any domains for sale."

Hello. It depends upon where you are located/operate your business. The options are shown via the Marketplace Manager section in your account.

 

[Arca]

One thing I noticed after setting up a payment plan enabled domain listing is that the landing page looks the same as when there is no payment plan, and the payment plan is not featured in any way on the initial landing page:

Only upon clicking on the “buy now” button is it this feature revealed. As such, the old landing pages seem to undersell this powerful new feature, since many potential buyers would just move on upon seeing an $X,XXX BIN price, rather than click on the buy now button and discover the payment plan option.

Adoption of the payment plan option would probably benefit a lot from the feature being made know front and center on the landing page, i.e.:

Perhaps you can consider launching an additional payment-plan-oriented landing page, to augment your launch of this new feature? Or tweak the original landing page?

 

[namesilo]

One thing I noticed after setting up a payment plan enabled domain listing is that the landing page looks the same as when there is no payment plan, and the payment plan is not featured in any way on the initial landing page:
Show attachment 47718
Only upon clicking on the “buy now” button is it this feature revealed. As such, the old landing pages seem to undersell this powerful new feature, since many potential buyers would just move on upon seeing an $X,XXX BIN price, rather than click on the buy now button and discover the payment plan option.

Adoption of the payment plan option would probably benefit a lot from the feature being made know front and center on the landing page, i.e.:
Show attachment 47719
Perhaps you can consider launching an additional payment-plan-oriented landing page, to augment your launch of this new feature? Or tweak the original landing page?

Yeah, we've actually already had a number of people contact us about this very issue... we'll have an update to the landing pages later today or tomorrow to highlight payment plan availability.

 

[EmotiveDomains]

One thing myself, and I imagine most domainers have always wanted was a one stop shop where you can, register, sell and direct to sales landing pages from, that doesn't charge crazy prices or demand massive commission.

Combined with the fact you're on both the Afternic Premium and SedoMLS networks, I think NameSilo is quickly becoming the all-in-one solution for domainers.

Hopefully as more domainers move their portfolios to NS, the marketplace listings and auctions will also become a more popular place for buyers to shop.

Keep up the good work guys.

 

[alcy]

Yeah, we've actually already had a number of people contact us about this very issue... we'll have an update to the landing pages later today or tomorrow to highlight payment plan availability.

so... leasing options not possible for the free store sale landers, for domains outside of namesilo? let me know if I got that about right. thanks.

 

[namesilo]

so... leasing options not possible for the free store sale landers, for domains outside of namesilo? let me know if I got that about right. thanks.

Yes, that is correct (for now!). Payment plans are separate from MarketSites, but will be shown on Marketplace landing pages later today or tomorrow.

 

[alcy]

Yes, that is correct (for now!). Payment plans are separate from MarketSites, but will be shown on Marketplace landing pages later today or tomorrow.

thanks.. its a lot of words and I'd kinda like to know.. so let me make sure we're talking about same thing.. I was talking about the freestore you offer to people.. here is the pic of landing page I meant. can you say if you plan to add leasing options there and/or if at all possible for outside domains? thank you again

 

[namesilo]

thanks.. its a lot of words and I'd kinda like to know.. so let me make sure we're talking about same thing.. I was talking about the freestore you offer to people.. here is the pic of landing page I meant. can you say if you plan to add leasing options there and/or if at all possible for outside domains? thank you again

You showed a picture of a MarketSite landing page. MarketSites are not the same as Marketplace landing pages or our Marketplace. You can find out more about MarketSites here: https://www.namesilo.com/Support/Domain-Investor-Tools.

Please email [email protected] for further clarification if necessary so we can keep this thread focused on the current topics at-hand. Thanks

 

[cyc]

*Out of the current subject*

@namesilo Do you think to lower the 60 days duration of reselling in Marketplace?

Sometimes, we may have bargain deals on good domain names via expired/and or from a customer and it would sound nice if we list them again in a short time, maybe after 7 days for possible provision for the domains purchased from customer listings.

 

[namesilo]

*Out of the current subject*

@namesilo Do you think to lower the 60 days duration of reselling in Marketplace?

Sometimes, we may have bargain deals on good domain names via expired/and or from a customer and it would sound nice if we list them again in a short time, maybe after 7 days for possible provision for the domains purchased from customer listings.

Yeah, this is actually a policy we are considering changing

 

[Arca]

thanks.. its a lot of words and I'd kinda like to know.. so let me make sure we're talking about same thing.. I was talking about the freestore you offer to people.. here is the pic of landing page I meant. can you say if you plan to add leasing options there and/or if at all possible for outside domains? thank you again

Payment plans are obviously not going to be available to domains at other registrars. That would extend far beyond the way their marketplace currently operates. There is no way for NameSilo to control those domains like they are able to do with in-house held domains. That’s why marketplaces like Sedo and Afternic are not implementing this feature, because the logistics of holding these domains at a bunch of different registrars while they are being paid for (or returning them to the owner, in case the buyer decides to stop paying) would be a huge headache. HugeDomains is able to do this because it all happens in-house at NameBright. And the same goes for the NameSilo marketplace.

 

[namesilo]

Payment plans are obviously not going to be available to domains at other registrars. That would extend far beyond the way their marketplace currently operates. There is no way for NameSilo to control those domains like they are able to do with in-house held domains. That’s why marketplaces like Sedo and Afternic are not implementing this feature, because the logistics of holding these domains at a bunch of different registrars while they are being paid for (or returning them to the owner, in case the buyer decides to stop paying) would be a huge headache. HugeDomains is able to do this because it all happens in-house at NameBright. And the same goes for the NameSilo marketplace.

Couldn't have put it better myself!

 

[internext]

Looks nice. Im going to have a closer look. What would really make me happy is if you would also implement the 60 day whois lock opt out feature

 

[namesilo]

Looks nice. Im going to have a closer look. What would really make me happy is if you would also implement the 60 day whois lock opt out feature

All domains in our system are automatically opted out of the Change of Registrant rule

https://www.namesilo.com/Support/Change-of-Registrant