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Has anyone used undeveloped.com to sell domains? They claim to be able to increase a domainers sales by 54%.
I pulled 800 names off BB a week ago, and switched them to Undeveloped landers. In the week since I did that, I sold one for $500 (accepting initial offer from a person who I'm almost positive is a domainer) and one for $1,495 at BIN to an end-user.
I think Undeveloped has given me something like the equivalent of a 2.7% annualized sell-through rate so far. (I only count sales like that $500 sale as a "half sale.")
I've been using Undeveloped for 5 months now, and have had maybe 450 names on average there over that time. Now I have 1,100 names there.
Hi All,
Effective from today, the commission rate at Undeveloped is lowered from 15% to 9%. You can now use the best performing domain marketplace to park with while paying even less commission!
Happy selling!
Reza
Have you adjusted the prices after moving over to Undeveloped?
I had dropped the price from $1,795 to $1,495 on the one that sold at BIN.
Thanks. Interesting. Now with a 9% commission at Undeveloped, BB really has to do an amazing job to justify 30%
I was considering moving my portfolio to Undeveloped, but have been calling the support number listed in my emails (same as listed on the landing pages) and it's been giving a busy signal for the last hour. Does the number even work? There should at the very least an automated message.
I'm having second thoughts.
The number one reason why I didn't move my domains to Undeveloped was because of the 15% commission. I think it is too high.
Now with the 9% commission I will consider it.
How is Undeveloped different from efty?
Both are paid services and both give stats on visitors(efty via Google analytics which is fantastic) and obviously efty charges no commission.
I tested the water with a few on there and whilst the traffic was ok, I didn't see offers. I use efty for some and personally I like namejet
The difference between the services Undeveloped & Efty, Sedo, Afternic & Uni provide are really significant. Undeveloped is a full-service marketplace with an internal escrow service.
Just to name some of the added value Undeveloped offers:
1: Fully customizable, professional, clutter-free and pro conversion A/B tested for sales pages. Our first sellers know how our for sales pages have evolved and how many experiments we've run to end up with the current version. There have been a plethora of iterations to get here.
Premium domains deserve a premium professional and well designed for sales page. This does influence your bottom line. When your buyer gets your domain presented on a silver platter it does increase the value perception.
2: Internal escrow service with all local payment sources enabled via our provider Adyen, which is used by Facebook, Google, AirBNB and all other major marketplaces. This increases your sales volume since we can provide a very local purchase experience.
We also started to accept Bitcoin & Ether as payment option. We're seeing more buyers opt for these options.
In terms of payouts to sellers, we always opt for the fastest route. If we can do a domain push we'll always go for that and pay out our sellers the moment we've secured the domain. We process payouts via bank wire, Paypal, Bitcoins etc. We're pretty flexible. Just ask your escrow agent how you'd like to get paid out and he or she will work with you.
3: Fully optimized buyer flow. From the first touch point of your buyer up until the checkout we guide your buyers through the process and at any point there's an issue our support team kicks in to make sure your buyers don't drop off. Undeveloped sellers know what I mean with this. Our team is extremely approachable and always ready to help.
Besides that, we also removed all conversion barriers in the entire purchase flow. We don't force buyers to sign-up and create an account for example but host a professional "Buyer control page" which they use to negotiate with the seller.
We often get messages from buyers that they really enjoyed working with us as our processes are modern and very optimized.
4: We add a strong trust layer. Our buyer protection program which we promote on all for sales pages, puts your buyers at ease. End-users often will drop off purchasing a domain on the secondary market when you don't take away all the concerns they might have. Think about all the buyers you might lose today simply because they skip even interacting with you or showing interest in your name.
5: Full automation for all processes required to sell a domain. We take care of the entire flow. We even create professional invoices for your administration but also your buyer's administration on your behalf. So you literally don't have to do anything. Except negotiating of course if you don't work with Buy-now prices.
6: 12-month installment plan to increase your liquidity and sales ratio. For a lot of starters, it's too expensive to purchase a domain for four, five or six figures. We provide installments directly on your for sales page so your buyer can opt for that option and checkout instantly to initiate the transaction. We take care of all hassle ranging from creating the legal document all the way to payment collection and payouts.
We've seen very aggressive growth in sales with a payment plan. And the beauty of this model is that it's risk-free for sellers. For example, when a buyer doesn't pay his 3rd installment we turn the contract in a rental agreement and you keep the received payments and the domain.
Besides that, we also see that hardly any installment acquisitions take 12-month. Most are fully paid off well before that. As buyers develop your domain they get very invested in the name and tend to want to pay off the remaining installments in one go.
7: Support team that's very responsive. We also keep track of all support inquiries in the weekend and make sure transaction related inquiries are always answered to make sure your buyers don't drop off during the weekend.
And there's plenty more than the above that we provide. We've never aimed to be a vitamin in this market but a real painkiller. That's what we do and always continue to do.
Kind regards,
Reza
I've only recently parked my domains at Undeveloped. I think I have about 100 +/- using the parking pages.
No offers yet, but still early days.
The thing that confuses me is the traffic. I parked the domains towards the end of last month, and all I get is "X amount of views last month"
When I click into Portfolio, it tells me how many monthly views I've had. Is that for this month, or is that combined since I started parking them?
While I like the sales pages, the back end lacks detail in my opinion.
keep in mind that your traffic stats can change as we continuously add bots to our filters.
So the traffic I see may be inflated from your own system?
Not sure how I would feel as a seller telling a buyer that a domain receives X amount of traffic (according to the system) but in the real word it receives just half of the quoted traffic.
It would be nice if there were a few background images to choose from. Such as the one used for antiwet.com. It looks really nice.
You can choose your own background images. I personally purchased one from iStock to use for my landers.
Example: www.HugeWare.com
Thanks. Yes, but I am not good at cropping and all that stuff. So a few ready-to-use ones for people like me would be nice
So the traffic I see may be inflated from your own system?
Not sure how I would feel as a seller telling a buyer that a domain receives X amount of traffic (according to the system) but in the real word it receives just half of the quoted traffic.
This exists on all landing page providers/platforms. The internet is full of bots, and it requires constant attention to keep your filters up to date when you are a system administrator.
The fact that Undeveloped is proactive in keeping these filters up to date is a good thing.
And technically your site is receiving more traffic than Undeveloped is reporting - not less. It just so happens that they filter out the bots (to the best of their ability) - therefore trying to give you a more accurate representation of REAL visitors your domain receives.
Edited to Add: There is NO platform that will/can filter ALL bots unless every visitor were presented a captcha - which even that can be AI-ed.