DaaZ.com Domain Marketplace (Official Thread)

[DaaZ]

DaaZ.com is a premium domain names marketplace owned by DaaZ Limited, London (UK).

Key vision of DaaZ.com is helping buyers and sellers to transact with each other in a trusted way.

DaaZ.com key focus is end user focused sales and we have been operational since August 2019 and we have made a quite good progress and supported few thousands buyers buying domains via DaaZ and also having around 800+ sellers offering their inventory for sale. We have registered buyer base of 4000+ buyers.

It may not be lot in terms of numbers, we are the youngest marketplace (without any registrar presence). We have made a good reputation and able to build the traction.

How we are different ?

We may not be too different at moment, we are sharing what we believe is our core offerings:

• We have developed a platform which is having a very good buyers interface, specially helping wholesale or repeated buyers securing domain names.
• We allow the listings for free, it's open for all sellers (aka domainers) and support 1400+ domain extensions
• Sellers can run any time auctions. This feature help for regular cash-flow needed by the sellers. (Disclaimer: At present very few end users participate into these auctions, mostly domainers / resellers winning the names )
• Lowest Success Fee: Our success fee is 8% (with chargeback protection included) is the lowest in the industry offered by any domain name marketplace.
• We pay to the sellers via PayPal / Wire transfers. No PayPal withdrawal or pay-out fees, all fees covered by DaaZ with in 8% success fee (In short, no indirect fees)
• We offer live chat support round the clock (Although we are not officially 24/7, we are offering near 24/7 support). We look after our buyers and sellers with great attention.
• We love automation of the processes; however we do believe the human interaction with the buyers makes a lot of difference. So, we automated what we believe is required to automate and we kept those human interactions with the buyers or sellers where we believe is required to be in place

We are open to listening to our buyers and sellers and improve the platform every month. We are making two improvement releases a month to fix the product related issues and also bringing new features.

We believe our customers are our gods and we help them in all possible means we can. That's clearly reflecting in our customer reviews, we are proud to share we are a new market place however according to Trustpilot we have secured the highest customer trust among all domain name market places in 2020 with 4.9 trust rating : https://uk.trustpilot.com/review/daaz.com

What we believe we need to improve ?

We believe a platform will be never perfect and has to continue to listen to our customers and deliver a platform of their choice. So, we have a clear outlined process to receive the feedback and handle the product improvements effectively

• We are relatively a young platform, so we have a lot of room to improve on number of features and catch-up, we are addressing the backlog with a lot of passion
• We are aware that we need to bring the installment plan, rent to own features, also a powerful API to help the bulk sellers. We have clearly these features in our product road-map for 2021.
• We have a lot more innovative ideas not attempted by any other marketplace, we are focusing to address the industry standard offerings first before moving on delivering these innovative ideas to help the domain investors / sellers
• We also record every suggestion given by our buyers and sellers, we analyse the feedback, and all the appropriate feedback is getting added to backlog
• Our road-map is ready for next 5 years and we will do everything possible to help to improve the standards of domain name marketplace

We love to listen to the NamePros community hence we are setting up this Official thread.

 

[LoveCatchyDomains]

No charge.

Its a standard feature available for all sellers.

Is there any way to select out which domains would be visible on the storefront? Some domains in a portfolio are more treasured than others. It would be nice to select out which ones to present on the domainstore.

 

[DaaZ]

Is there any way to select out which domains would be visible on the storefront? Some domains in a portfolio are more treasured than others. It would be nice to select out which ones to present on the domainstore.

Not at moment. Certainly we can improve this to support that requirement.

I will pass your feedback to our product development team, certainly will do everything possible to make this available for all sellers.

 

[DaaZ]

DaaZ.com has made one more new feature available on last Friday, now any Dyandot.com registered domain names sold on DaaZ and the sale value is below 2000 USD , DaaZ Bot will handle the end to end transaction.
This will help to achieve faster and smoother experience to both the buyer & seller.
A faster, better and cost-effective marketplace is the vision of DaaZ from Day1. This transition contributes towards the same objective.

What next?

We will pilot this new feature for two months and will extend this functionality to support multiple Domain registrars like Name.com, NameCheap.com, NameBright.com ..etc. Certainly will consider extending to top 20 popular registrars in the industry with in 3 to 4 months time.

 

[LoveCatchyDomains]

What next?

We will pilot this new feature for two months and will extend this functionality to support multiple Domain registrars like Name.com, NameCheap.com, NameBright.com ..etc. Certainly will consider extending to top 20 popular registrars in the industry with in 3 to 4 months time.

Thanks for this exciting new move. Being in the U.S., having the transaction processed with a US company directly would be reassuring. And, since your company doesn't actually do escrow, a registrar such a Dynadot would be in an excellent position to make certain that the buyer and seller actually have a smooth, secure transaction.

Simple question: what additional fees will be involved? And is the registrar requiring that the potential buyer pay for the renewal fee at the same time, even if the domain is not near expiration?

Finally, could you especially do this quickly with Namecheap? Since their "Spaceship" launch does not appear to be happening any time soon, having a lander solution like yours might be very helpful--- immediately! I've tried using their marketplace this past month, using "pseudo-landers." Having your landers instead would likely be a great improvement.

 

[DaaZ]

Thanks for this exciting new move. Being in the U.S., having the transaction processed with a US company directly would be reassuring. And, since your company doesn't actually do escrow, a registrar such a Dynadot would be in an excellent position to make certain that the buyer and seller actually have a smooth, secure transaction.

Simple question: what additional fees will be involved? And is the registrar requiring that the potential buyer pay for the renewal fee at the same time, even if the domain is not near expiration?

Finally, could you especially do this quickly with Namecheap? Since their "Spaceship" launch does not appear to be happening any time soon, having a lander solution like yours might be very helpful--- immediately! I've tried using their marketplace this past month, using "pseudo-landers." Having your landers instead would likely be a great improvement.

Just to be clear, the above change is all about improving the efficiency of the DaaZ platform and also make the domain transfers completed quickly.

Instead of a transfer agent manually involve to complete the transactions , Bot will handle the transaction. This will help to reduce the delays and also help buyers and sellers getting immediate response times.

We are looking forward to improve this tech further and support as many registrars as possible by end of this year. All this new tech we are implementing is part of the standard service we are offering, no additional fees to the sellers.

 

[eternaldomains]

Any plans on lowering the crypto payout minimum? The current minimum $1k is quite a pain for wholesale users. If can't do with BTC, then I would suggest other currently-popular-but-low-fee coins such as LTC or DOGE for lower payout amounts.

Well I forgot that I did want something changed after all

 

[DaaZ]

Any plans on lowering the crypto payout minimum? The current minimum $1k is quite a pain for wholesale users. If can't do with BTC, then I would suggest other currently-popular-but-low-fee coins such as LTC or DOGE for lower payout amounts.

Well I forgot that I did want something changed after all

DaaZ has temporarily stopped processing crypto payouts in total. We are working on a new KYC solution , once its up , we will bring the crypto payouts back. Also we will revise the thresholds for sure. We listen to your feedback and will improve.

 

[Gorilla]

DaaZ has temporarily stopped processing crypto payouts in total. We are working on a new KYC solution , once its up , we will bring the crypto payouts back. Also we will revise the thresholds for sure. We listen to your feedback and will improve.

When will the crypto payout be open again?

 

[eternaldomains]

DaaZ has temporarily stopped processing crypto payouts in total. We are working on a new KYC solution , once its up , we will bring the crypto payouts back. Also we will revise the thresholds for sure. We listen to your feedback and will improve.

What the heck I already sent documents and got verified are you telling me I have to redo all of these again??

 

[DaaZ]

When will the crypto payout be open again?

Unfortunately no ETA at moment. We are trying to expedite, we will keep you posted.

 

[DaaZ]

What the heck I already sent documents and got verified are you telling me I have to redo all of these again??

We will do everything possible to avoid that until unless the regulations / law demand so. Digital KYC solution we are going to bring will be a strategic solution.

 

[LoveCatchyDomains]

Is there is any benefit of using ns1/2.daaz.com rather than ns1/ns2.daaz.org for the landers? I originally was using the .com versions, which seemed to load quickly and not cause any difficulty resolving. I then realized the website indicated that daaz.org should be used instead or the NS.

At the moment, switching to .org, it does not appear to be going as smoothly. Currently, 11/13 listings are not resolving to the landers.

Also, is anyone else having an issue at this moment with the Daaz landers not loading?

 

[DaaZ]

Is there is any benefit of using ns1/2.daaz.com rather than ns1/ns2.daaz.org for the landers? I originally was using the .com versions, which seemed to load quickly and not cause any difficulty resolving. I then realized the website indicated that daaz.org should be used instead or the NS.

At the moment, switching to .org, it does not appear to be going as smoothly. Currently, 11/13 listings are not resolving to the landers.

Also, is anyone else having an issue at this moment with the Daaz landers not loading?

Please use ns1.daaz.org and ns2.daaz.org , these are the right name servers.
Please contact our support team, we can look into the issue you have mentioned and resolve the same. thank you

 

[LoveCatchyDomains]

Please use ns1.daaz.org and ns2.daaz.org , these are the right name servers.
Please contact our support team, we can look into the issue you have mentioned and resolve the same. thank you

Thanks for the response.
The landers were working today, using the .org. They are nice landers, and do load quickly. Thanks for having them!

 

[LoveCatchyDomains]

Thanks for the response.
The landers were working today, using the .org. They are nice landers, and do load quickly. Thanks for having them!

Note that it might be great to add to your domain store specifically a link stating to see other domain names of the domain seller.

Alternatively, for the Domain seller name, place it in a different color or an underline, to suggest to someone using the lander to click there for more information on that domain seller AND see their other domains in their domain store (if they have one).

 

[DaaZ]

Note that it might be great to add to your domain store specifically a link stating to see other domain names of the domain seller.

Alternatively, for the Domain seller name, place it in a different color or an underline, to suggest to someone using the lander to click there for more information on that domain seller AND see their other domains in their domain store (if they have one).

Domain store is enabled by default. Some sellers give a brand for their store, some keep them as private sellers. the choice is up to the sellers.
Couple of themes it highlights nicely , I believe 1 or 2 themes the store link is not highlighted. We will improve those themes too.

 

[LoveCatchyDomains]

Domain store is enabled by default. Some sellers give a brand for their store, some keep them as private sellers. the choice is up to the sellers.
Couple of themes it highlights nicely , I believe 1 or 2 themes the store link is not highlighted. We will improve those themes too.

Thank you for listening to the suggestions. Having the link highlighted in all of the themes may make sense.

 

[DaaZ]

Thank you for listening to the suggestions. Having the link highlighted in all of the themes may make sense.

Sure. we will add this to improvements list. Once its resolved, will provide an update here.

 

[LoveCatchyDomains]

Sure. we will add this to improvements list. Once its resolved, will provide an update here.

One humble, simple question here:

Have you actually seen, on your platform, that more domain sales happen when someone lands on a lander or marketplace listing, and then goes to the seller's store?

Or, do less sales happen? In other words, the potential buyer sees the domain, and may have simply proceeded to buy it. Instead, now being presented with the link to the store, they end up being distracted by the other choices, and end up not buying anything?

So, what really has proven to be effective? Have you ever tested this on your marketplace, to see what REALLY works best generally?

 

[DaaZ]

The best option is linking to store.

Most of the sales are directly from landing pages , circa 3% sales browsing the store feature.

Store feature mainly helpful to present all your inventory to prospective buyers , just giving them more choice. More choice in terms of pricing , more choice in terms of name quality.

e.g; A seller has listed a name at BIN price of 9999 USD , prospective buyer has visited the landing page first and later found the store link and browsed your inventory. found another alternative name listed for 1999 USD and completed the checkout.

Similar examples we have noticed for quality of names too, but as said earlier such sales around 3% of overall sales.