strategy Crazy commission rates! Enough is enough!

[levinsondomains]

Hi friends,
After one year of domaining I can't stop thinking about the crazy commissions that all of us pay to the major companies.
We work so hard, inbound, outbound, auctions, financial risks and everything else and after all we pay something like 15-20% to these companies.
I realized that there is no reason to this unusual rate. And why it's happened? Cause we are like prisoners in their platform,the big ones in this industry works in these companies and everyone go after them "on blind". After each sale we get maybe 65% of the purchased price, this is crazy!(commission+taxes+ other costs). And we are stupid, so stupid. If you stop and think about it for a minute you will understand how absolutely crazy are these rates.
Enough is enough, stop paying for this rates. If we work together we can reduce these rates, or even opening a social company for all of us. 20%!20%!WTF?

 

[Josytal]

you really belive, that you can make better landing page yourself? better then the big market places?

Is this a question or an opinion?

 

[NameShiba]

Anyone could make something that is more optimized and streamline sales with "XYZ".
They don't have the exact "perfect" set up.

 

[ksusha64]

I had a guy buy my name on namejet for $999. I was offering it to him on namepros for $400. Same guys from namepros buy on all platforms. Why not buy directly on namepros? You will get much better deals.
We all know people overpay by %60 percent for expired domains. Thats insane. They would pay always half less buying directly from domain owner. Major platforms created this scheme with EXPIRED Auctions like Gold is being sold. In reality people overpay for JUNK. If u want to stop this madness buy more on namepros and less on other platforms.

 

[fatter]

I had a guy buy my name on namejet for $999. I was offering it to him on namepros for $400. Same guys from namepros buy on all platforms. Why not buy directly on namepros? You will get much better deals.
We all know people overpay by %60 percent for expired domains. Thats insane. They would pay always half less buying directly from domain owner. Major platforms created this scheme with EXPIRED Auctions like Gold is being sold. In reality people overpay for JUNK. If u want to stop this madness buy more on namepros and less on other platforms.

I think many times buyers get caught up in the thrill of the auction, like buying antiques sometimes the prices go higher than buying direct. What also is funny about these auctions like the car auctions that if the reserve is met it brings in more buyers for some reason, any psychiatrists care to chime in as to why this happrens

 

[Dream Big]

Good chance for someone to build a marketplace like SEDO in USA, but with less commissions like 5% BIN, 10% brokered.

 

[Silentptnr]

I think many times buyers get caught up in the thrill of the auction, like buying antiques sometimes the prices go higher than buying direct. What also is funny about these auctions like the car auctions that if the reserve is met it brings in more buyers for some reason, any psychiatrists care to chime in as to why this happrens

People want what other people want. Not always what they alone want. Those who buy based on their own interest or vision, do very well.

 

[NameShiba]

Good chance for someone to build a marketplace like SEDO in USA, but with less commissions like 5% BIN, 10% brokered.

Would be a legend.

 

[Silentptnr]

Good chance for someone to build a marketplace like SEDO in USA, but with less commissions like 5% BIN, 10% brokered.

Hopefully over time, prycr[dot]com will get there. It will always be 100% free.

 

[biggie]

Hi friends,
After one year of domaining I can't stop thinking about the crazy commissions that all of us pay to the major companies.
WTF?

after one year, this is what you can't stop thinking about -

really?

if you don't sell no names, you don't have to worry about it

or,
if you add the commission into price of name, you don't have to worry about it

or
if you negotiate your own deals and transact via escrow, you can ask buyer to pay the fee

imo....

 

[xn--v4h.com]

If a company can sell your domains at good prices, doesn't 20% sound reasonable? Should their time, efforts, and connections they've built up over the years be worth something less?

 

[wakguano]

20% for dealing with all kinds of crazy out there. Its not easy ( i think ), especially with a buyer who knows nothing + bad anger management issue

im not here to get rich, im here to make friends

 

[SpareDomains]

Waste of time and money. It would make sence if you own 100 000 domains, but still You can`t compete with aftrernic/sedo ditribution system. They show your names directly to end-users, thats where the money is.
Comission it's the cost of doing business.

Time to time some cheapskate pop-s up in forum and says the same things. They usually don´t last long.

You can do your own sales pages and still have all of your domains show up in their distribution system as you don't have to point your names to them for that to happen. Most sales happen from the landing page reason I've done my own for 14 years. Go ask frank schilling where most of the leads come from and sure he'll tell ya the landing page. Why is Mike from domainmarket pointing hundreds of thousands straight to sales pages same reason. Majority of my sales happen direct from the sales lander which gives me name, email, phone, ip address etc... so I continue to build an end user database with commission free sales. All of my domains show up in the distribution networks as well but ya don't have to point to them for that to happen so makes sense to build your own end user database on your own pages and avoid commissions instead of receiving anonymous offers while I'm still making distribution sales on other networks as well.

 

[SpareDomains]

How you give your client feel of safety when they purchase domain from your landers? You doing checkout via escrow?

Years ago...

https://www.escrow.com/

Now I've moved to...

https://escrow.payoneer.com/

Anything you can do to instill confidence helps...

1) Nice domain for sales site
2) Clean layout
3) Professional text
4) SSL Banner
5) Escrow Service Banner

etc...

Basically if your gonna do it do it right, clean/professional

In 14 years of direct sales I've only had 1 buyer question me which was actually this year and a simple link to https://escrow.payoneer.com/ with a brief description of the process and all good the lawyer paid the next day so I've never had anyone back out as everything is professional sales pages, sales text, email communications and execution.

 

[Haykay2005]

You can do your own sales pages and still have all of your domains show up in their distribution system as you don't have to point your names to them for that to happen. Most sales happen from the landing page reason I've done my own for 14 years. Go ask frank schilling where most of the leads come from and sure he'll tell ya the landing page. Why is Mike from domainmarket pointing hundreds of thousands straight to sales pages same reason. Majority of my sales happen direct from the sales lander which gives me name, email, phone, ip address etc... so I continue to build an end user database with commission free sales. All of my domains show up in the distribution networks as well but ya don't have to point to them for that to happen so makes sense to build your own end user database on your own pages and avoid commissions instead of receiving anonymous offers while still making distribution sales on other networks as well.

What best landing page template or script Can you recommend?

 

[Haykay2005]

Years ago...

https://www.escrow.com/

Now I've moved to...

https://escrow.payoneer.com/

Anything you can do to instill confidence helps...

1) Nice domain for sales site
2) Clean layout
3) Professional text
4) SSL Banner
5) Escrow Service Banner

etc...

Basically if your gonna do it do it right, clean/professional

In 14 years of direct sales I've only had 1 buyer question me which was actually this year and a simple link to https://escrow.payoneer.com/ with a brief description of the process and all good the lawyer paid the next day so I've never had anyone back out as everything is professional sales pages, sales text, email communications and execution.

Can you provide one of domain names to see how the landing page look like?

 

[SpareDomains]

What best landing page theme or script Can you recommend?

I've got a folder of like 14 years worth of scripts so I'm generally always A/B testing a few of them

Simple & Clean has always worked the best for me so I'd probably say...

https://themeforest.net/item/domain-broker-2-landing-page-to-sell-domains/12578919

Modifications I've made to this one...

My own background image optimized so a smaller file to load
May Be For Sale! instead of Is For Sale!
small sales/confidence pitch above offer form
reworded the text on each offer form field
added a phone number field (this will probably be added in the next version as I told dude he should add it for those that can't hack one in like I did)
changed text on submit button and made it green as feel green is good
sales color, but maybe I think too much
few affiliate links in footer
htaccess to default all www to non www
htaccess all 404's to index so no lost traffic
recpatcha 2
reformated offer form it sends to make it in the order I like to save time

think that's all I've modified on this one but may find another tweak. I generally email the authors of all of the scripts I buy/modify and try to get them to add features I've added so those that don't know how to modify them get the same features I've added eventually. This also saves me time if the default version contains as much as possible so when they update them I don't have to go back and make tons of my custom modifications again. Quite a few popular scripts have additions to them from my suggestions as some coders don't really know the domain business as well and they are usually receptive to adding stuff I suggest once I show them my version.

Basically if ya can code or hack some code you generally go stand alone php script and hack it to add features/tweaks ya need as generally nothing is 100% the way ya want it especially if your a perfectionist/anal like me. For those without skills they generally default to wordpress as easier for anyone to run but kinda feel wordpress is bloated and a bad bot magnet looking for holes. Been running my own servers since 2003 and seems all of the stand alone php scripts barely put any load and only see a small fraction of the bad bot attempts wordpress does as definitely a target since popular so updates/security tweaks need to happen to lock it down.

One wordpress plugin in my folder of scripts....

https://codecanyon.net/item/this-domain-is-for-sale-wordpress-plugin/8469865

Search...

https://codecanyon.net
https://themeforest.net
https://www.codester.com

etc...

and find what ya like. I own a ton of stuff so few others I like/own as well but what I like might not be what you like. Only thing I know I definitely like is simple and clean as it's worked for me and end users never ask me for traffic stats etc... so I try not to use anything that overloads them with data as the goal is to get the lead not confuse the hell outta them and I've got 14 years of end users that have never asked for those statistics so I don't want them on the page.

Can you provide one of domain names to see how the landing page look like?

I really enjoy 99% of all the offers I receive being from end users who don't hesitate to drop...

real name, real phone number, real email address (many from existing companies), ip address as I don't really see any domainer offers or whois offers so I'd kinda like to keep it that way as my lead to sales ratio is high due to almost all the offers being from end users.

 

[maksimfa]

I had a guy buy my name on namejet for $999. I was offering it to him on namepros for $400. Same guys from namepros buy on all platforms. Why not buy directly on namepros? You will get much better deals.
We all know people overpay by %60 percent for expired domains. Thats insane. They would pay always half less buying directly from domain owner. Major platforms created this scheme with EXPIRED Auctions like Gold is being sold. In reality people overpay for JUNK. If u want to stop this madness buy more on namepros and less on other platforms.

One thing domainers here will typically skip altogether with expired auctions is that in the SEO world, expired domains are gold, if the site is expired for the first time and was not spammed out before.

If a domain has a good backlink profile and can be easily integrated into an existing private blog network... it is worth gold.... and the name of the domain is mostly irrelevant.

If you look at the webarchive or screenshots of most domains that are in the closeouts.... the vast majority with any backlinks were all spammed out before.

If you find an expired domain that was used by a business, it is easily a $40 domain to someone who will turn it into a simple site with a wordpress blog. They can sell 2 or 3 backlinks from the site and voila... the cost is covered.

 

[domeen]

Most sales happen from the landing page reason I've done my own for 14 years. Go ask frank schilling where most of the leads come from and sure he'll tell ya the landing page. Why is Mike from domainmarket pointing hundreds of thousands straight to sales pages same reason. .

I do not agree with this.
this days Most sales come from aftermarket distribution networks. End-user dosen`t even visit the domain anymore. I have had sales via afternic, that the landing page price was actually $200 lower. Its not one time, its many times. So they do not even visit the landing page. If someone could show some %, then landing page sales would not be on top.

i think Schilling and Mike are losing a lot sales, if they don´t use this networks.

 

[SpareDomains]

I do not agree with this.
this days Most sales come from aftermarket distribution networks. End-user dosen`t even visit the domain anymore. I have had sales via afternic, that the landing page price was actually $200 lower. Its not one time, its many times. So they do not even visit the landing page. If someone could show some %, then landing page sales would not be on top.

i think Schilling and Mike are losing a lot sales, if they don´t use this networks.

We agree to disagree. Mine go to my own sales pages and are in the distribution networks as well. So I make sales from both but majority of leads straight from the lander. That's the beauty of the distribution networks you don't need to point your domains to them to get sales you can do your own thing as well. So majority of my sales 0 commission, distribution ones 20%. Like distribution networks but today still majority of leads/sales direct from the sales lander, in a few years maybe that will change as feel they will continue to account for more sales as time goes on.

 

[zurc.net]

Get an efty site or the alike. I'm done paying commissions to sites that don't earn it and virtually do the same thing my efty site does. And at the cost.. it's a no brainer. Stop giving money away.

 

[premkumar]

Paying 20% not bad if they bring in leads but never allow your domain landing point to their site. Just use wordpress or Efty or anyother own website as landing page to collect leads and can use escrow/others for payment. I did start doing this, in past 3 month moving away my domain from Afternic lander and using my own landing page. This way you pay fairly 20% for bring leads and 20% not for using your site leads. For me Brandbucket is the ultimate too high charge with little work on their part.

 

[EmotiveDomains]

This is why I'm hoping NameSilo's marketplace will grow and become more popular among domainers and end users, with their maximum of 7.5% commission.

 

[SpareDomains]

Get an efty site or the alike. I'm done paying commissions to sites that don't earn it and virtually do the same thing my efty site does. And at the cost.. it's a no brainer. Stop giving money away.

Agree completely. I'm 100% fine with paying 20% to Afternic since it gets your domains in the natural registration path at a large handful of known registrars that end users already use. Pointing your domains to a market that no end user has heard of or that don't have any distribution set up (though it would be hard to beat Afternics network) those days are over. Can make those same sales on your own landers while still having all your domains show in Afternic distribution.

Really like Efty especially the Kiffer landing page as not too far off from my own. Few tweaks from them and consistent quicker load times and I'd probably dump one of my servers and use them instead. Using my own as like lightning fast loading time, 404 redirects to sales page so no old links equal lost traffic, being able to add footer links to my other sites/affilate programs etc...

 

[Kuffy]

you really belive, that you can make better landing page yourself? better then the big market places?

You can put advertising on your own landing pages. You can also analyse and redirect the traffic to optimise on sales through sponsor programmes.

I'm picking up some chinese traffic names at the moment. That's an interesting problem, as you need to look at the browser language and the country of origin.

 

[urlurl]

i have the buyers pay the commision

example:

if I want to net $1,000 for a particular name

i post to sell for $1,200