discuss Backorder companies are catching everything

[Isac]

Initially i thought Drop catching companies only try to catch domain which are popular and ordered by customers.But now i see they are catching everything Excellent, good and average and then these domains are bought by a company Huge domains. from drop catch discount auction.

What's your opinion about it. How to tackle this ?

 

[Kate]

Huge domains is the black hole of domain names. They swallow everything within a few lightyears range of their orbit.

 

[Isac]

Huge domains is the black hole of domain names. They swallow everything within a few lightyears range of their orbit.

Honestly they have become headache for me. Whatever i like weather average or domain with no other extensions taken. They caught everything

 

[bobbarato]

How is this sustainable for them?

 

[Premiums]

Huge domains grabbed all of my dropped names

 

[Fancy.domains]

Many companies / people obviously forget to renew their names. But within a week or two you will find the same name at HugeDomains for about 5K. I have several friends who have experienced this.

 

[Name Trader]

Here's a tip for everyone using DropCatch's discounted backordering service. DON'T DO IT! Have you read their ToS? It allows Huge Domains to look at all the discounted backordered domains and for them to place a full priced backorder for the domain, or to just outbid you in any ensuing auction.

The only way to ensure privacy of your backorder is with a full priced backorder.

 

[Kuffy]

I'm coming to the conclusion that the best thing to do, is to contact the registrant while the name is in expiry, and offer to buy the name. You run the risk of paying a bit more for the name, but at least you get the chance of buying it with the age.

 

[Arca]

I gave up on their discounted backordering service ages ago. They literally sent 100% percent of won names over a period of a few months to their partner in the last period I was using them.

The only way to ensure privacy of your backorder is with a full priced backorder.

The $59 backorder prevents this, but the public auction to which the name is sent upon being caught is pretty antithetical to privacy though.

Of course if you're the only person to backorder the name you get it outright, but with the number of people using DC nowadays it's rare that anything decent only gets one $59 backorder (at least in my experience, there's always at least one other person who have backordered the name at $59 too).

 

[Name Trader]

I gave up on their discounted backordering service ages ago. They literally sent 100% percent of won names over a period of a few months to their partner in the last period I was using them.

The $59 backorder prevents this, but the public auction to which the name is sent upon being caught is pretty antithetical to privacy though.

Of course if you're the only person to backorder the name you get it outright, but with the number of people using DC nowadays it's rare that anything decent only gets one $59 backorder (at least in my experience, there's always at least one other person who have backordered the name at $59 too).

Agree with everything you are saying. But that is just the nature of the domain business today. A lot of competition. I have mostly stopped backordering these days, but up to about 6-9 months ago. I used to win at least 50% of the domains outright. So you can guess the quality level. Things have got a lot worse since then. It's extremely difficult to find/win any domains to backorder these days.

 

[Ollie3000]

There definitely needs to be more industry regulation here. It shouldn't be possible for companies like huge domains to broker deals that take domains in that volume and screw over genuine bidders on Drop Catch etc

 

[Mister Funsky]

bought by a company Huge domains

They gave me a chuckle the other day...their super smart buying program bought a domain name that pertains to an unimportant event that happened two years ago. Perhaps they are anticipating the development of a time machine and feel that the name will be relevant again. lol

 

[Isac]

They gave me a chuckle the other day...their super smart buying program bought a domain name that pertains to an unimportant event that happened two years ago. Perhaps they are anticipating the development of a time machine and feel that the name will be relevant again. lol

 

[Rich]

They catch many of my unsold drops, yougottaloveit.com
If you can't beat em, join em lol

 

[bobbarato]

I wonder how long they hold/renew the weakest names before dropping...

 

[Haris]

They gave me a chuckle the other day...their super smart buying program bought a domain name that pertains to an unimportant event that happened two years ago. Perhaps they are anticipating the development of a time machine and feel that the name will be relevant again. lol

They don't even know what domains they caught because it's a machine catches them, it's safe to say that they aren't anticipating anything other than a revenue from sales to end-users that is much higher than the cost to acquire and hold their many domains.

 

[Mister Funsky]

it's safe to say that they aren't anticipating anything other than a revenue from sales to end-users that is much higher than the cost to acquire and hold their many domains.

Yep...that is what is so funny to me. The program they use either is not adjustable or no one has bothered to tweak the parameters.

It will be interesting to see if anyone buys a domain with a date from two years ago...its a great deal at $1795

 

[Premiums]

I wonder how long they hold/renew the weakest names before dropping...

5-8 years

 

[Dave]

There's 100,000+ Namepros members. If everyone pitched in together to raise money, we could build something to knock dropcatch.com off their perch.

Who's with me?

 

[Name Trader]

There definitely needs to be more industry regulation here. It shouldn't be possible for companies like huge domains to broker deals that take domains in that volume and screw over genuine bidders on Drop Catch etc

When the fox is in the hen-house. This is what you can expect. And as far as I can see DropCatch aren't doing anything illegal.