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?

 

[domainer111]

One of the most affected by recent GD actions is Bodis. First, GD purchased DAN and destroyed Bodis partnership. Now, GD prompts customers to stop using bodis parking with built-in afternic/godaddy (!) forsale banner. Hope Bodis will survive....

Yes, I use Bodis and this is really bad news. Bodis integration for the for sale strip is so brilliantly designed. But not just Bodis.

Brandable marketplaces like BrandBucket and SquadHelp have been able to list on Godaddy. But now they only get 5% if a name sells on Godaddy. That's life.

 

[bmugford]

One of the most affected by recent GD actions is Bodis. First, GD purchased DAN and destroyed Bodis partnership. Now, GD prompts customers to stop using bodis parking with built-in afternic/godaddy (!) forsale banner. Hope Bodis will survive....

Yes, don't get this move mistaken... The 25% fee is to compel people to use GoDaddy landers.
It is a direct shot at their competition and is trying to limit customer choices.

Brad

 

[domaindevil]

Why not just use SEDO and pay 10% instead? Is there a downside that I don't know of? Their new landers look great.

 

[Bob Hawkes]

If they are going to a flat 15%, they are actually raising the rate on higher dollar sales.

That seems to be what they (Afternic) have responded on social media. It will be a flat 15%, without tiers, so as you and others have posted, an actual significant increase for higher-priced names. Apparently some Afternic users have received an email outlining changes, but I have not yet.

-Bob

 

[branding]

It might be a good opportunity for Efty and Sedo.

Interest rates are far from finished their upward trajectory. I don't know if that affects Godaddy directly, but it's definitely affecting the economic environment.

So at the start of that trajectory, we have already have a 67% increase for many.

So they might be thinking... when is the next increase happening from Godaddy? And so they might turn to Sedo and Efty.

Funnily enough I moved 50% of my domains to Sedo past year maintaining the same STR.

I really like the dan backend and their quick payouts but I can live with Sedo if that means it'll save me 15% on every sale.

 

[JB Lions]

Funny Story:
in the past i had all my domains by Sedo.com and the fees was 15%.
I switched to Dan.com and told Sedo.com they should change the fees and create the same seller page like Dan.com

In August 2022 Sedo.com changed the fees to 10% and clone the same DAN.com page
https://sedo.com/us/about-us/news-p...le-template-brings-attention-to-your-domains/

Sedo.com Demo Selling Page:
https://sedo.com/search/details/?domain=virtualkey.net&origin=sales_lander_15&language=us
Now i go back to Sedo.com...

That's a nice option, 10% using their landing pages. Don't do much with Sedo nowadays but in the past used to get steady sales and it went pretty smoothly.

Now, they could really push it and go at Dan/GoDaddy by offering up a Lease to Own option.

------
Does Sedo have a rep here?

 

[Windoms]

25% is greed.
They just stole 90% marketshare.

Also Uniregistry used to be 0% on make offer landers. That's why you could brainwash and shoot random one word .com's, vast majority would land at uni.
Now it's 15%.

All those premiums that never get bin pricing are leaving.

 

[bmugford]

That seems to be what they (Afternic) have responded on social media. It will be a flat 15%, without tiers, so as you and others have posted, an actual significant increase for higher-priced names. Apparently some Afternic users have received an email outlining changes, but I have not yet.

-Bob

So they raised Dan.com rates from 9% to 15%-25%.
They lower Afternic rates under $5K, but raised them over $25K.

They are now charging an absurd 25% commission if you don't use their landers.

What is GoDaddy bringing to the table to justify these changes? Nothing.

Brad

 

[JB Lions]

@Sedo Should be more active here, opportunity. 10% nice. Landing pages, alright. Lease to Own option = more money. Let's go, strike back.

 

[Dane]

Thanks. I will be replacing Dan with my own landers and escrow

What will you be using for your own landers?

 

[Bob Hawkes]

Now, they could really push it and go at Dan/GoDaddy by offering up a Lease to Own option.

I agree. Sedo recently improved, imo, their landers. If they stay with the 10% commission for sales from those landers, and added a lease-to-own option, it could be really compelling.

Even for those who love Afternic and Dan, the domain world is better off with competition, and I hope Sedo will prosper as the main competition left in the general marketplace segment. And perhaps a new innovative startup enter it.

-Bob

 

[Armageddon]

BEST marketplace NOW is NAMEPROS in terms of fee . IS 0 FEE

 

[Windoms]

Someone just needs to build a new system similar to afternic.
Get enom and namecheap on board.
Give partner registrars better commissions.
And there you go.

They should plot.

 

[tonyk2000]

GoDaddy forgot that for example their ns5/ns6 landers have issues, such as:

1. No support for httpS forwarding via ns5/ns6

2. No visitor stats

3. Blocked from being indexed by Google, by design (confirmed by Joe Styler in afternic thread).

4. Not multilingual (at least last time I checked)

5. No way to contact support in reasonable way (since GD disabled email support and does not have built-in tickets system)

Punishing for NOT using this landers system? How about fixing all the above? Members who host their own landing pages, or who are using alternate DNS and forwarding solutions, where the visitors do end up @ godaddy, but the domain DNS are different, are working hard to INCREASE sales for both themselves AND GoDaddy. Now they are punished for doing this.

 

[Ostrados]

Why not just use SEDO and pay 10% instead? Is there a downside that I don't know of? Their new landers look great.

Only downside is now you will pay 25% for names sold via Afternic distribution network.

Problem is that big chunk of sales happen via Afternic so it is almost indispensable.

 

[DomainBarracksRob]

aside from... lower tier names that need to move in FT network

........I'll see you all at Efty, Doron has always been a standup guy!....I'll use Carrd for a few

Later Dan.........way to F up a good thing GoDaddy

 

[Bob Hawkes]

I asked Namecheap on social media if they could, finally, introduce landers (other than the pathetic solution of redirecting to their marketplace listing). Just landers, like Dynadot, NameSilo, Sav, Porkbun, etc. all have.

Their account first told me they would forward it as a suggestion. But then, their CEO Richard Kirkendall replied to my Tweet saying that Spaceship (their new platform in closed beta testing) would have landers. Good news.

He went on to add in a second tweet in the thread:
"What I plan to do at Spaceship is offer domainers registrations, renewals and transfers at cost. No fee for being part of the "club" or whatever. Offer landers and a low percentage on any commissions." It looks like they are approaching it from a domainer friendly way, make the money as a percentage of aftermarket sales, not on the actual domain registrations and renewals. Their current NC Marketplace commission is 10%.

And then someone asked if it would be just for names registered at Namecheap (which is the case for their existing marketplace) and he responded:
"Will be open to all."

So assuming that really means that a domain name registered anywhere can be listed, and that their marketplace is good (the current one is slow at search) this could be significant competition. He also tweeted about advanced technology and software powering Spaceship.

Is anyone in the Beta trial, and if so are they at liberty to share any opinions, or is it NDA restricted?

-Bob

PS Someone asked about commissions on the forthcoming Spaceship. He did not give a figure but said they would probably be flat, ie not tiered, and low.

 

[Windoms]

Even if most people make most sales through afternic and thus the 15% commission benefits (that's probably how they viewed it before following up with unnecessary and greedy 25% measure)

This is terrible news, kills healthy competition.
What's next, you can't enter afternic if your domain is not registered with godaddy or uni?

????

 

[enterscope]

I'm about to just make my own Landers with a phone number.

 

[domaindevil]

I am def moving to SEDO until something better comes along. I don't need Afternic or their distribution network.

 

[Windoms]

I asked Namecheap on social media if they could, finally, introduce landers (other than the pathetic solution of redirecting to their marketplace listing). Just landers, like Dynadot, NameSilo, Sav, Porkbun, etc. all have.

Their account first told me they would forward it as a suggestion. But then, their CEO Richard Kirkendall replied to my Tweet saying that Spaceship (their new platform in closed beta testing) would have landers. Good news.

He went on to add in a second tweet in the thread:
"What I plan to do at Spaceship is offer domainers registrations, renewals and transfers at cost. No fee for being part of the "club" or whatever. Offer landers and a low percentage on any commissions." It looks like they are approaching it from a domainer friendly way, make the money as a percentage of aftermarket sales, not on the actual domain registrations and renewals. Their current NC Marketplace commission is 10%.

And then someone asked if it would be just for names registered at Namecheap (which is the case for their existing marketplace) and he responded:
"Will be open to all."

So assuming that really means that a domain name registered anywhere can be listed, and that their marketplace is good (the current one is slow at search) this could be significant competition.

-Bob

They need to build a syndication system like afternic and get registrars on board.

 

[domaindevil]

I'm about to just make my own Landers with a phone number.

How will you solve payments? Through Escrow? I am not that fond of Escrow. Too many hoops to jump through for the buyers.

 

[James Iles]

GoDaddy forgot that for example their ns5/ns6 landers have issues, such as:

1. No support for httpS forwarding via ns5/ns6

2. No visitor stats

3. Blocked from being indexed by Google, by design (confirmed by Joe Styler in afternic thread).

4. Not multilingual (at least last time I checked)

5. No way to contact support in reasonable way (since GD disabled email support and does not have built-in tickets system)

Punishing for NOT using this landers system? How about fixing all the above? Members who host their own landing pages, or who are using alternate DNS and forwarding solutions, where the visitors do end up @ godaddy, but the domain DNS are different, are working hard to INCREASE sales for both themselves AND GoDaddy. Now they are punished for doing this.

Thanks @tonyk2000 - these are great points, and in my new role as community manager I'm trying to help affect changes with some of these points you've raised.

 

[enterscope]

How will you solve payments? Through Escrow? I am not that fond of Escrow. Too many hoops to jump through for the buyers.

If they are interested, I'll just send them a PayPal invoice or they can wire me the funds.

 

[branding]

What will you be using for your own landers?

I already have my own landers running. Pulling all domain data from my backend dynamically, displaying offer/bin and contact info. Option to pay by wire/PP/CC or close at dan/escrow/Sedo. On demand SSL.

Currently have it disabled for 99% of my domains and use a http(s) redirect to dan/sedo landers or point the domains to Dan's ip address with a DNS A record.

Need to update the sales page a bit and I'm good to go