news Dan.com to increase comission from 9% to 15% effective Feb 1st 2023

[MadAboutDomains]

Just received this email from Dan.com about commission increases (snippet of email):

Thoughts?

 

[MasterOfMyDomains]

Not happy( on topic)
Droplisters will love you guys from deleting your names at dan. Then they can add them.

 

[karmaco]

GoDaddy is a greedy monopoly. We are going to have to raise prices or vote against GD and use any viable alternatives that present themselves. Everyone loses but GoDaddy.

 

[thekiller]

Yes. The new structure will be a flat 15% or 25% depending on where nameservers are pointed at the time of sale, regardless of price.

Sales through platforms like efty.com which used to give 5% commissions to dan.com. Is that also increased or sales through efty.com landing pages will remains the same 5%?

 

[J.R.]

There was a consensus on NP that Dan.com would increase prices within a year of being sold to GoDaddy; we all have been proven correct.

I'm tired of Godaddy increasing prices to pay for acquisitions. Yet, I'm not upset with GoDaddy, because they are in the business of making money.

Its the job of consumers and competitors to ensure monopoly is defeated.

Ultimately, more domainers with larger portfolio begin to build their own sales landing pages, its much cheaper than sharing 15-25% commission to a platform.

 

[AEProgram]

Everything in this world is supply and demand. All these comments are water off a ducks back to them . The only way to change something is act with your feet and walk away. Move to a lower commission site or have your own landing pages. These big companies with massive overheads cannot survive without the customers. So if your really unhappy walk away and force a change

if domainers didn't move their names from epik after the masterbucks event, they are not about to do anything.

 

[sbweb]

Seen this repeat over and over again. Big company buys little company and starts breaking things. And during the acquisition the little company tells its customers, everything will stay the same, but it's all just lip service just to keep their customers from leaving.

 

[thekiller]

Actually, the Afternic decreased from 20% to 15%.

I'm actually not too torn up about this. While I don't like increases, I think 15% is actually pretty fair. 9% was real nice but an increase was not unexpected. I'll just keep that in mind when it comes to pricing.

All my domains are either Afternic/Dan landing pages and now with the distribution network, that goes down from 20% to 15%.

I understand those that don't have those landing pages will now go up to 25% if I'm reading that correctly. That's just their way to move people over to their platform, to get that 15% instead of 25%.

I'm still paying for Efty, so I could always switch it back to those landing pages in the future. But right now I like the ease and reach of Dan/Afternic.

That decrease will only benefit sales amounting to $5K or lower.

 

[ramkumaritrvs]

Godaddy don't want to leak traffic to its competitors. that's why increased commission for external platforms.

However, it affects dan sellers mostly. 9% to 15% & 25% is harsh move.

 

[NickB]

Everything in this world is supply and demand. All these comments are water off a ducks back to them . The only way to change something is act with your feet and walk away. Move to a lower commission site or have your own landing pages. These big companies with massive overheads cannot survive without the customers. So if your really unhappy walk away and force a change

Yeah - @Sedo could help facilitate it by dropping their commission to 9% if we point our domains to their landers

 

[davidc1]

And don't forget the best one... increase from 15% to 25% commission if you are not using their landers.

I really ask (myself) a question... do Godaddy have a clue about Anti-monopoly policies? Because when you have a product (afternic commission on sales through Godaddy or their reseller network) and increase the price a 10% just because you are not using one of their services (pointing a landing page to their DNS servers) it sounds to me like a big MONOPOLY move.

it's not from 15% to 25% if you dont use their lander, it's from 9% to 25% !!!

 

[Future Sensors]

Let's once again positively remember DAN.com for all the wonderful years when it charged us relatively little commission. With these low commissions DAN has grown fast and this has paid off for the investors.

For the most common sales amounts, the new commission model seems to work out slightly more favorably for sales through Afternic than through DAN. There are a few corner cases, though.

I'm very curious to see the impact on other marketplaces.

 

[Ostrados]

There was a consensus on NP that Dan.com would increase prices within a year of being sold to GoDaddy; we all have been proven correct.

I'm tired of Godaddy increasing prices to pay for acquisitions. Yet, I'm not upset with GoDaddy, because they are in the business of making money.

Its the job of consumers and competitors to ensure monopoly is defeated.

Ultimately, more domainers with larger portfolio begin to build their own sales landing pages, its much cheaper than sharing 15-25% commission to a platform.

What about fast transfer network?
There is no alternative to it
Sedo MLS is way behind

 

[okaydomains]

I've been using domain.io for a lot of my domains, mostly for the HTTPS landers. I guess I'll need to make a new Dan account and move them there if I want to have HTTPS and a reasonable commission now.

If Afternic would just provide HTTPS and any kind of stats for my domains I'd be so happy. 15% commission is an improvement for me at the prices I sell for.

 

[tonyk2000]

Good news for Sedo. Those who used afternic exclusively or somewhat exclusively, will now consider switching at least non-English domains to Sedo, or those domains where the potential buyers are more likely outside U.S. due to one reason or another. Since such buyers do not have a preference to use GoDaddy, it would be safe move. And, what if other domains will follow, whole portfolios leaving? Did GD think about this?

 

[JB Lions]

That decrease will only benefit sales amounting to $5K or lower.

So for me, basically they'll take 15% instead of 9% for direct type ins to my domains.

But, they'll take 15% instead of 20% thru the distribution network...for most sales.

So it'll be do I get more sales thru direct vs. distribution network, which should increase since I just enabled it.

If that's pretty much even, then this basically cancels each other out, won't really be that much difference. Paying 6% more (direct) vs. paying 5% less (distribution network). Also, easier to figure out, 15% flat rate vs. percentage plus dollar amount

 

[bmugford]

Getting rid of the tiered system makes no sense, even if 15% is the starting point.
It would just go from 15% to 10% instead of 20% to 15% to 10%.

It would not effect the vast majority of my sales, but I am not just thinking about myself.

Brad

 

[Sutruk]

Which is most sales. The $100,000 example I used before, you'll get $1,000 less than usual.

Nope... check it again...

Before it would be $11,500 ($4,000 +10% of amount over $25k).

Now it would be a flat $15,000

That's $3,500 more (or $3,500 less for you)

By the way, on the same $100K sale, you would be charged $890 at Escrow.com... vs the $15,000 at Aftenic

 

[bmugford]

Which is most sales. The $100,000 example I used before, you'll get $1,000 less than usual.

So for me, basically they'll take 15% instead of 9% for direct type ins to my domains.

But, they'll take 15% instead of 20% thru the distribution network...for most sales.

Under the current system on a $100K sale you pay $11,500.
It is $4K for the first $25,000 then $7,500 for the other $75,000.

Under the new system it would be $15,000.

So that is $3,500 more on a $100K sale.

Brad

 

[James Iles]

If domain is not pointing to any name servers (null NS). … what’s the % ?

Great question that I hadn't considered - but you won't get the discounted commission if you're not using one of the following nameservers:

• afternic.com
• smartname.com
• uniregistrymarket.link
• dan.com

• undeveloped.com
• internettraffic.com
• cashparking.com

 

[lee333]

Just received this email from Dan.com about commission increases (snippet of email):

Show attachment 229726


Thoughts?

sad to see this but it is expected

 

[J.R.]

What about fast transfer network?
There is no alternative to it
Sedo MLS is way behind

What about Fast Transfer Network? Is there a different commission scale for FTN?

My point was that more domainers will begin to host their own landers.
I have slowly been rescaling my portfolio, ended 2022 with 137 domains; dropping bottom 1/4.

Adding another 50-100 over 2023.

Once I reach 300 domains, I'm hosting all my domains on my own site.

I'll still use platforms for greater visibility, but those customers will pay a premium to buy through those platforms.

 

[branding]

@James Iles

I need some clarification. I don't use Dan nameservers for security reasons. I don't like giving a second party full control over my domains. History has proven some are catching email etc, which is a big no-no.

Anyway, I use my own dns but redirect directly to my Landers at dan. Would this mean I'm now paying 25% on each and every sale?

Shouldn't I really be paying less as I'm technically bringing dan all leads?

What about leads in negotiation? I'm working on a sale but if that's going to cost me 25% I'm taking it off dan and close it in private.

Yes. The new structure will be a flat 15% or 25% depending on where nameservers are pointed at the time of sale, regardless of price.

So when I'm negotiating, update nameservers and afterwards they hit my counter/bin it's 15% instead of 25%?

 

[JB Lions]

-read it wrong-

 

[JB Lions]

Under the current system on a $100K sale you pay $11,500.
It is $4K for the first $25,000 then $7,500 for the other $75,000.

Under the new system it would be $15,000.

So that is $3,500 more on a $100K sale.

Brad

Nope... check it again...


That's $3,500 more (or $3,500 less for you)

By the way, on the same $100K sale, you would be charged $890 at Escrow.com... vs the $15,000 at Aftenic

Ah ok. Complicated terms, now easier.

I go back to this - https://www.namepros.com/threads/da...tive-feb-1st-2023.1292012/page-5#post-8803733

 

[Janoss]

Not very thrilled about 15% commission for Dan. The 25% commission for using other landers is ridiculous. Disappointing to see such an anti-competitive move from GoDaddy.