Two industry leaders are getting together as DAN and Media Options team up. … [Read more...]
Nice press release - anywhere we can read about the nuts and bolts on how it will work? Any minimum sale value springs to mind straight away
Edit:
@DAN.COM
@MediaOptions
Was just writing a question about this - any word on minimum prices?Reza just informed me
You can assign Media Options to your entire portfolio, part of your portfolio or per lead basis to broker your lead. They’ll take over from A to Z and make sure to close the sale.
Or both + customers ?It sounds like they only handle incoming leads. With a portfolio of 9M domains, I'd say this is a win for MediaOptions.
And DAN - picking up those extra commissions.........must be a 50/50 split on the 20% surely - so DAN get's an extra 1% and more deals get closed = win winIt sounds like they only handle incoming leads. With a portfolio of 9M domains, I'd say this is a win for MediaOptions.
Yeah if you're a newbie and you don't know how to negotiate. But I used to broker domains, so I can handle all inbounds myself.Or both + customers ?
Yeah it can be a win for all, but I think some customers would prefer to work their own deals and keep that 11%.Last question - will DAN put in a contact number option so the brokers can speak to the person?
And DAN - picking up those extra commissions.........must be a 50/50 split on the 20% surely - so DAN get's an extra 1% and more deals get closed = win win
Definitely - but it is always nice to have options (no pun intended)Yeah it can be a win for all, but I think some customers would prefer to work their own deals and keep that 11%.
Definitely - but it is always nice to have options (no pun intended)
According to something I read this morning they expect it to be in operation by about end of January 2021.& in effect immediately I assume ?
Agreed media options always dealt in premium names, niche boutique brokerage house .:.how are they going to outsource large portfolios of mediocre domains... call center type outsource ?Not a bad combination, but I wonder how MediaOptions will handle the flood of inquiries. If you can can set all your names to be brokered, we could be talking about hundreds of thousands of leads I guess.
Impressive. They're teaming up with the best. Bodis, dnwe, IBM, efty and now MediaOptions. They're on a roll.
Be interested in who people think are the winners and the potential losers from the deal. Here are my thoughts.
Winners:
Possible Losers:
- DAN for sure. As others have mentioned they have now reached agreements with various important players, and now having an association with the most successful broker can't hurt.
- MediaOptions As has been mentioned, this is a different model, and in some cases type of domain, from what they have handled. I think it could move them towards becoming huge, but does come with possible pitfalls too. Time will tell.
- Domain Investors are definite winners here. Some just don't like negotiating, or (like me) are not good at it. For the right domains, this now provides an option to get skilled negotiators handling names with offers.
What do you think? Who wins and who loses?
- Other Brokers. It will be so much easier to opt in rather than hunt around for a broker, I can see some losing out on business.
- Possibly GD/Uniregistry as their agents probably would have handled some names that would go now into MediaOptions brokerage.
- Other Marketplaces may lose some due to this association. Premium names may be more likely to go to DAN now because of this option. Of course Sedo and Afternic still have their registration stream visibility advantage.
- NameSilo had not long ago introduced a service where you could hand your offer to a broker from a list they curated, and this may hurt them, but maybe not as it might make the idea more accepted and create room for others to do something similarl.
Bob