discuss A domain swap service: Would you use it?

[abstractdomainer]

Would you use a domain swap service if I were to start an experiment here on NamePros?

Just testing the idea:

Let's say 3/4 different people come together to create a Godaddy and other registrar accounts which could be used as an escrow.
People who decide to swap their domain for something else can decide among themselves and send it to that account. Once both the parties have deposited their domain names, the owner of the account transfers the domain to the parties.

Swap complete!

Would you want to test it out?

 

[bmugford]

I have been asked countless times if I would consider a trade for another domain. I have completed very few trades ever.

You have people who overvalue their domains and undervalue others. There is usually a major disparity in quality between the domain one party wants and the one they are offering.

That is a major reason why domain swaps are not really viable on any scale.

Brad

 

[Recons.Com]

I wonder why it does not exist. Are there any cons/risks?

Because it is complex setup for something that is of very subjective value. The value actually is often very low, from zero to low 2 figures. Now imagine the hell of trying to navigate through this and also be in charge of handling the control of the names. Plus, since it is a swap, it is cashless, so what does the platform take the cut from?

 

[Recons.Com]

No cut. Only a membership fee eventually.
As they say, one man's trash is another man's treasure.

And... that is why it has never been done )) Imagine, turnover worth 10 million of $ and you getting $100 membership from 1000 members from which you have to pay hosting, staff (server admin, programmers), administration etc.

 

[NYJimbo]

What is a domain swapping experiment?

Domain swapping refers to the exchange of structural elements between protein domains. • Experiments show that tandem homologous domains are prone to domain swapping. • Recent studies establish a framework to understand the formation of tandem domain swaps


Regards,
Will

Stop copying and pasting. Your response is unrelated to domains.

 

[jhm]

Domain investors on average don't swap their domains. Why wouldn't domain investors be swapping their domains? Because who buys a domain, then thinks they'll swap it...chances are they're struggling to sell, or made a misjudgement of some kind

Overall, lacks consistency. People wouldn't be doing it regularly, apart from the odd deal here and there. One premium for another premium maybe (one investor having a better market position / ideas for one domain, over another), otherwise you're quite possibly swapping trash, for more trash. IMO

 

[Sjpals]

Domain investors on average don't swap their domains. Why wouldn't domain investors be swapping their domains? Because who buys a domain, then thinks they'll swap it...chances are they're struggling to sell, or made a misjudgement of some kind

Overall, lacks consistency. People wouldn't be doing it regularly, apart from the odd deal here and there. One premium for another premium maybe (one investor having a better market position / ideas for one domain, over another), otherwise you're quite possibly swapping trash, for more trash. IMO

I would happily swap some of my trash for different trash

 

[lock]

If you can't sell it at reg fee then it has no value go right ahead. But don't expect to swap low xxx as other party is likely to run with it as this concept will attract it.

 

[branding]

No.

 

[cooljub]

dot.ph do a swap service and it works very well for them .

The domain swap at dot.ph looks like exchanging one domain for another with the registrar, rather than with another punter, which is (I think) what this thread is about.

 

[abstractdomainer]

And... that is why it has never been done )) Imagine, turnover worth 10 million of $ and you getting $100 membership from 1000 members from which you have to pay hosting, staff (server admin, programmers), administration etc.

Think of it from valuation perspective. So many users, so many domains, so many interactions. I am very sure some of the companies out there would find this valuable

 

[jhm]

I would happily swap some of my trash for different trash

Swapping stuff that isn't selling, for other stuff that isn't selling...like a dog chasing its own tail in the garden. Go ahead

 

[polongru]

I wonder why it does not exist. Are there any cons/risks?

 

[NYJimbo]

If you think about it, you will realize why it is bad. Did you really consider anything before posting this question.

 

[asxforum]

dot.ph do a swap service and it works very well for them .

 

[KTC]

Because it is complex setup for something that is of very subjective value. The value actually is often very low, from zero to low 2 figures. Now imagine the hell of trying to navigate through this and also be in charge of handling the control of the names. Plus, since it is a swap, it is cashless, so what does the platform take the cut from?

I could see that whatever platform is handling that would charge a nominal fee to begin the swap.

Other than that, for my own personal value, the only way I'm swapping my domains are for cash.

 

[biggie]

Plus, since it is a swap, it is cashless, so what does the platform take the cut from?

Hi

oops... there it is!

imo...

 

[zomainhacks]

Because it is complex setup for something that is of very subjective value. The value actually is often very low, from zero to low 2 figures. Now imagine the hell of trying to navigate through this and also be in charge of handling the control of the names. Plus, since it is a swap, it is cashless, so what does the platform take the cut from?

I think there are ways to make the exchange smooth, also the platform can make money via membership fees and or a small escrow fee.

It's a couple of months that I'm thinking about such type of trade platform, it would definitely be interesting having something like that in the industry.

 

[postscripter]

.

 

[abstractdomainer]

Domain investors on average don't swap their domains. Why wouldn't domain investors be swapping their domains? Because who buys a domain, then thinks they'll swap it...chances are they're struggling to sell, or made a misjudgement of some kind

Overall, lacks consistency. People wouldn't be doing it regularly, apart from the odd deal here and there. One premium for another premium maybe (one investor having a better market position / ideas for one domain, over another), otherwise you're quite possibly swapping trash, for more trash. IMO

Fair point! What about expiring names?

 

[jhm]

Fair point! What about expiring names?

Unconvinced of that too

 

[Sjpals]

Swapping stuff that isn't selling, for other stuff that isn't selling...like a dog chasing its own tail in the garden. Go ahead

I originally bought all my domains to put sites on. I never bought them for the domain values or resell values (though i am trying to sell them as domains just to see if they sell).

Maybe someone has a domain out there that I think could suit ecommerce, but has no resale value in the domain itself. I have a couple of domains that I bought for various reasons that I dont like.

Just look at the amount of people who take the 'free' domains. One mans trash is anothers treasure. All in the eye (imagination) of the beholder

 

[Lloris]

Interesting. But, buying a domain for a ton of money was complicated enough. The person was first reluctant and unresponsive. Then suddenly calling and wanting it done yesterday. People are so finiki. Are you sure you want to do this for a little money? Besides, there has to be enough participants for it to be worthwhile. Good luck anyway.

 

[Steven McEvoy]

This is a actually a good idea but towards web developers not domain investors.

I buy and trade names to get a domain I’ll try and develop or run a protect on. I’m always looking to trade people because it saves on building the rest of the website. If you pointed this towards more web developers and also websites for websites you might have something.

I’ve thought about doing this, pretty much having a trade marketplace and being the middleman with fee per transaction, basically they are paying for a middleman.

 

[0frills]

It almost sounds like a matchmaking website, where you are finding a domain owner to match another domain owner for a domain that he has and wants

Actually never heard of one such service till i read about dot.ph on this thread.

Might be worth the experiment!