Correction: Efty Did NOT Raise Their Price.

[Winfluence]

CORRECTION: this post was made in error. Apologies for the confusion. I had a misunderstanding about an email about my change in service thinking there was a change in pricing and it prompted me to question if I needed the to use Efty landers anymore, considering there are free lander options. This was misleading because the change was due to my increase in domains using Efty's service. I had more than my basic plan's limit for over a year, so I didn't make that association, mistakenly thinking it was a general change in their service plans for all their customers. I should have confirmed this before posting.
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I just got an email notification that my service was switched over from "basic" to "growth" which costs 4 dollars more than my original service. I have used Efty for a year or two now, but I don't think they offer much other than very basic landing pages with forms and the ability to add analytics...

My question for @efty: What improvements have Efty done for their service to justify the 4 dollar price increase for those of us with 50 to 1500 domains? From what I see, your service has pretty much been the same for the last few years, with occasional lander theme options added. If I am wrong please correct me.

I am already hosted with most of my domains at Epik, and they offer free landers with far more features than Efty (that I can see), so this 4 dollar increase has kind of prompted me to consider the obvious, because in a world where registries offer their own landing pages for free what Efty offers is not really a necessity.

P.S. I have no business relationship or sponsorship with Epik.

 

[Rob Monster]

I just got an email notification that my service was switched over from "basic" to "growth" which costs 4 dollars more than my original service. I have used Efty for a year or two now, but I don't think they offer much other than very basic landing pages with forms and the ability to add analytics...

My question for @efty: What improvements have Efty done for their service to justify the 4 dollar price increase for those of us with 50 to 1500 domains? From what I see, your service has pretty much been the same for the last few years, with occasional lander theme options added. If I am wrong please correct me.

I am already hosted with most of my domains at Epik, and they offer free landers with far more features than Efty (that I can see), so this 4 dollar increase has kind of prompted me to consider the obvious, because in a world where registries offer their own landing pages for free what Efty offers is not really a necessity.

P.S. I have no business relationship or sponsorship with Epik.

Thanks for the tag.

That seems like a pretty modest price increase. It does not sound like a "milk the cow" shift in strategy for such a modest price increase. It might have made more sense get success fees for transaction clearing.

I think Efty is doing some innovative things. I have tried to meet with them but no luck there. I believe they are Dutch from the northern city of Groningen, near to where my mother's family comes from.

At the end of the day, I wonder if Efty is more of a feature than a business. We have incorporated most of what Efty does as free features simply because they are obvious not because we are copying.

As some are aware, we did the same with Escrow, i.e. made it free for domains that are on Epik and paid via wire transfer and BTC.

When it comes to domain-related utility software, if it can be free, it will be free. And it if can be integrated to increases effectiveness, integrity, or privacy, it will be integrated.

 

[JB Lions]

I just got an email notification that my service was switched over from "basic" to "growth" which costs 4 dollars more than my original service. I have used Efty for a year or two now, but I don't think they offer much other than very basic landing pages with forms and the ability to add analytics...

My question for @efty: What improvements have Efty done for their service to justify the 4 dollar price increase for those of us with 50 to 1500 domains? From what I see, your service has pretty much been the same for the last few years, with occasional lander theme options added. If I am wrong please correct me.

I am already hosted with most of my domains at Epik, and they offer free landers with far more features than Efty (that I can see), so this 4 dollar increase has kind of prompted me to consider the obvious, because in a world where registries offer their own landing pages for free what Efty offers is not really a necessity.

P.S. I have no business relationship or sponsorship with Epik.

Not even the same animal.

@Rob Monster stop with the promotion. What in the world does Epik Escrow have to do with this?

 

[wwwweb]

I don’t get what is the difference of using efty compared to something like Uniregistry?

Why would anyone pay for efty, since they are not their own registry, or payment processor, hurdles?

 

[JB Lions]

I don’t get what is the difference of using efty compared to something like Uniregistry?

Why would anyone pay for efty, since they are not their own registry, or payment processor, hurdles?

Read your comment again. It's not the same thing. Where is your Uniregistry url? Would like to see your marketplace and logo you're using.

DomainMarketPro would be an apples to apples comparison to Efty. Not sure why people are comparing registrars to this. Efty isn't a registrar.

 

[Rob Monster]

Not even the same animal.

@Rob Monster stop with the promotion. What in the world does Epik Escrow have to do with this?

It was not promotion. The OP tagged me in his OP. I replied.

I was commenting on the general theme: if it can be free, it will be free.

Free privacy, free escrow, free forwarding, free domain management, etc.

The value is in buying low and selling high. Everything else is just expense.

 

[JB Lions]

It was not promotion. The OP tagged me in his OP. I replied.

I was commenting on the general theme: if it can be free, it will be free.

Free privacy, free escrow, free forwarding, free domain management, etc.

The value is buying low and selling high. Everything else is just expense.

It's 100% promotion. What does Epik Escrow have to do with this? Escrow isn't mentioned 1 time in the first post. Said they're a feature, not a business?

 

[Rob Monster]

It's 100% promotion. What does Epik Escrow have to do with this? Escrow isn't mentioned 1 time in the first post.

Escrow.com has a large percentage of their business in domain escrow. We do it for free for folks who have domains at Epik. I view it as a FEATURE not a BUSINESS.

I view the same about Domain Management tools.

I obviously view the same about Domain Courses, which is why we acquired DomainGraduate.com, re-tooled it and made it free.

If it can be free, it will be free. Software has no COGS. It wants to be free.

 

[JB Lions]

Escrow.com has a large percentage of their business in domain escrow. We do it for free for folks who have domains at Epik. I view it as a FEATURE not a BUSINESS.

I view the same about Domain Management tools.

I obviously view the same about Domain Courses, which is why we acquired DomainGraduate.com, re-tooled it and made it free.

If it can be free, it will be free. Software has no COGS. It wants to be free.

haha, this thread was about EFTY not ESCROW.com. So just went at another competitor, then followed up with promoting another one of your products. An ebook, that you still haven't fixed. The Aftermarket section is still a mess.

 

[Business Brands]

Robert is right. Epik offers free make an offer landers. Plus free escrow. These free services add up.

 

[Rob Monster]

haha, this thread was about EFTY not ESCROW.com. So just went at another competitor, then followed up with promoting another one of your products. An ebook, that you still haven't fixed.

That eBook is the 80 for the 0. Appreciate the feedback though. The editors are reviewing ongoing input before it goes out to the translators.

Do you not see the "Free" trend? LetsEncrypt has 800 million certs issued. That was the logic of DNEncrypt as a new project -- free SSL but in the form of a commercial DV.

My point is that I am quite certain that the market for digital presence is integrating into bundled solutions. '

We are considering is an integrated marketplace that combines Sedo/Afternic functionality + Flippa functionality + verified MLS, with the ability to instantly deliver domain, hosting and social handles with no listing fees.

The sustainable business model is in making the pie bigger, and taking a bite out oft the bigger pie. That is what we are aspiring to do. Why would any non-martyr domainer have a problem with that?

 

[JB Lions]

That eBook is the 80 for the 0. Appreciate the feedback though. The editors are reviewing ongoing input before it goes out to the translators.

Do you know the "Free" trend? LetsEncrypt has 800 million certs issued. That was the logic of DNEncrypt as a new project -- free SSL but in the form of a commercial DV.

My point is that I am quite certain that the market for digital presence is integrating into bundled solutions. '

We are considering is an integrated marketplace that combines Sedo/Afternic functionality + Flippa functionality with the ability to instantly deliver domain, hosting and social handles with no listing fees.

The sustainable business model is in making the pie bigger, and taking a bite out oft the bigger pie. That is what we are aspiring to do. Why would any non-martyr domainer have a problem with that?

Shocking, Rob is promoting yet another project, having nothing to do with Efty. Not every thread here is an invitation for you to promote your projects. So let's see Epik Escrow, your unfinished DomainGraduate ebook, DNEncrypt, anything else? How about Epik Domain Appraisal? Oh wait, that's actually Estibot. Or Toki, oh wait, that's actually using other search services, mostly looks like DuckDuckGo.

 

[Rob Monster]

Shocking, Rob is promoting yet another project, having nothing to do with Efty. Not every thread here is an invitation for you to promote your projects.

I get it but I mostly engage where invited.

In this case, I did not even notice the post until the OP sent me a PM about it. I saw it had zero engagement. It appears we fixed that problem.

 

[Lee Latner]

I don’t get what is the difference of using efty compared to something like Uniregistry?

Why would anyone pay for efty, since they are not their own registry, or payment processor, hurdles?

The simple answer is NO COMMISSIONS. A deal that you complete, that initiated at your efty lander, is a commission free deal. With most everyone paying around 25% throughout the industry including Afternic, sometimes in makes since to do it COMMISSION FREE. And in failed deals, you maintain customer contact info so that you can followup. Sometimes it's just about timing.

 

[wwwweb]

The simple answer is NO COMMISSIONS. A deal that you complete, that initiated at your efty lander, is a commission free deal. With most everyone paying around 25% throughout the industry including Afternic, sometimes in makes since to do it COMMISSION FREE. And in failed deals, you maintain customer contact info so that you can followup. Sometimes it's just about timing.

Commission free on a more complicated deal, I believe Uniregistry self directed is 3%, Epik using there escrow service on non CC funds right now is 0%, otherwise 9% thru their marketplace, Sedo Escrow is about 3-4% also.

Broker assisted thru Sedo/Afternic etc.. range in between 15-20% for sure.

I would assume the back end payment processing fees are still assigned to the buyer/seller thru whatever checkout efty uses?

I see little relevance to opening a storefront, most people are after one name they can find on a landing page.

I really hate juggling transfer after sale, that is why I try to integrate at same register so it's seamless, and buyer appreciates this as well. I am sure Efty works for some, but not something I would pay for a monthly basis, maybe if they integrated more tools it might make sense, but to each their own.

 

[Silentptnr]

The simple answer is NO COMMISSIONS. A deal that you complete, that initiated at your efty lander, is a commission free deal. With most everyone paying around 25% throughout the industry including Afternic, sometimes in makes since to do it COMMISSION FREE. And in failed deals, you maintain customer contact info so that you can followup. Sometimes it's just about timing.

My sentiment exactly. I have used Efty on several occasions. I like Efty. It's just that for me, I've had better results with Afternic and Sedo. I do pay commissions, but I don't mind when names are selling. I prefer the larger marketplaces of Uniregistry, GD, Sedo. More people looking. The Efty marketplace feature is good but it's the same as building one yourself, hard to get traffic there.

I do wish efty had other ways to monetize it's service. The paid subscriptions could hinder, possibly kill, growth.

 

[Lee Latner]

Commission free on a more complicated deal, I believe Uniregistry self directed is 3%, Epik using there escrow service on non CC funds right now is 0%, otherwise 9% thru their marketplace, Sedo Escrow is about 3-4% also.

Broker assisted thru Sedo/Afternic etc.. range in between 15-20% for sure.

I would assume the back end payment processing fees are still assigned to the buyer/seller thru whatever checkout efty uses?

I see little relevance to opening a storefront, most people are after one name they can find on a landing page.

I really hate juggling transfer after sale, that is why I try to integrate at same register so it's seamless, and buyer appreciates this as well. I am sure Efty works for some, but not something I would pay for a monthly basis, maybe if they integrated more tools it might make sense, but to each their own.

I totally agree with your assessments. I use Afternic for sure. I've had customers that after I've matched them with a domain and agreed on the price, just felt more comfortable buying the domain through "GoDaddy". But not all. I've paid $4000 in Afternic fees this year alone. Dollar for work today they aren't worth it. Value they have and reach they can provide, necessary by ALL means!

That being said, my efty account that has allowed me to broker my own deals has saved me far, far, far more than what I pay for my yearly membership, and that is less than the $4000 I've given to Afternic alone.

 

[wwwweb]

I totally agree with your assessments. I use Afternic for sure. I've had customers that after I've matched them with a domain and agreed on the price, just felt more comfortable buying the domain through "GoDaddy". But not all. I've paid $4000 in Afternic fees this year alone. Dollar for work today they aren't worth it. Value they have and reach they can provide, necessary by ALL means!

That being said, my efty account that has allowed me to broker my own deals has saved me far, far, far more than what I pay for my yearly membership, and that is less than the $4000 I've given to Afternic alone.

Here is the thing, Afternic by far achieves higher sales prices. Prices that come with trust of having a company like Godaddy behind them, having a toll free line, someone who could be held accountable, someone who can process $10K on a credit card etc... So the little extra you pay in commission, you probably would not have achieved the same price on your own, as people tend to pay a premium for a sense of security, or an open channel. If you follow some of Mike Mann's sales, many of them are done thru Afternic, and there are some crazy ones.

 

[equity78]

@Doron Vermaat

 

[JB Lions]

It's not an either/or situation. You can have Efty and still list at those various places, I do. Upload to Efty, then:

godaddy
afternic
sedo
dan

The Efty stuff is going to be more direct to a landing page, then offer or Buy Now if you choose. With that, you can take it any place you want. You can take it to Escrow.com have the buyer pay all the fees if you want. If I get offers thru GoDaddy, Afternic etc. I handle it there. There are different payment integrations - https://www.efty.com/pricing/

Efty has great landing pages. Well organized, inquiries, stats etc. I like getting info on the customer, name, email, IP etc. That has helped me research them.

Now, there is another thread with suggestions that I still would like to see happen. RIight now, can only pick 1 category, a lot of people want to choose multiple. Or extra pages. These are things an actual competitor has, Domain Market Pro. Some of the other stuff mentioned in this thread, isn't even the same thing. Again, not an apples to apples comparison.

 

[Winfluence]

It's 100% promotion. What does Epik Escrow have to do with this? Escrow isn't mentioned 1 time in the first post. Said they're a feature, not a business?

I mentioned Epik because I was comparing the landers....i used them as an example in the original post, so how did you get to this conclusion?

 

[Winfluence]

The simple answer is NO COMMISSIONS. A deal that you complete, that initiated at your efty lander, is a commission free deal. With most everyone paying around 25% throughout the industry including Afternic, sometimes in makes since to do it COMMISSION FREE. And in failed deals, you maintain customer contact info so that you can followup. Sometimes it's just about timing.

You still need an escrow service for larger sales, so the lack of efty charging commission isn't a factor (because you'll have to pay commission either way)... The cost of the a registry lander is free and when they provide one with more options, what's the point in using Efty, especially when they are going up in price with no added value to their services...??

 

[Winfluence]

..

 

[Winfluence]

Let's compare landers here.

http://eContractLoan.com (epik)
http://QuantumDLT.com (efty)

You have 10x more features on the epik lander... Why should I stick to efty landers?? You can even have buy it now and make an offer and finance/rent options on display, and when you click for more details you're taken to a page where you can add more custom text and photo for more sakes pitch.

 

[karmaco]

After two years I am leaving Efty. My rate did not go up but for me it is merely been used for bookkeeping. All my sales happen elsewhere lately. Their payment options are limited. Lots of spam and fake info. Most importantly, you go where the sales happen and you are comfortable with the payment options.