news Dan.com to increase comission from 9% to 15% effective Feb 1st 2023

[MadAboutDomains]

Just received this email from Dan.com about commission increases (snippet of email):

Thoughts?

 

[Sedo]

Funny Story:
in the past i had all my domains by Sedo.com and the fees was 15%.
I switched to Dan.com and told Sedo.com they should change the fees and create the same seller page like Dan.com

In August 2022 Sedo.com changed the fees to 10% and clone the same DAN.com page
https://sedo.com/us/about-us/news-p...le-template-brings-attention-to-your-domains/

Sedo.com Demo Selling Page:
https://sedo.com/search/details/?domain=virtualkey.net&origin=sales_lander_15&language=us
Now i go back to Sedo.com...

Welcome back

 

[Sedo]

Why not just use SEDO and pay 10% instead? Is there a downside that I don't know of? Their new landers look great.

We don't see any downsides!
Happy that you like our new saleslander.

 

[Sedo]

@Sedo Should be more active here, opportunity. 10% nice. Landing pages, alright. Lease to Own option = more money. Let's go, strike back.

Thank you for your feedback.

 

[Sedo]

I agree. Sedo recently improved, imo, their landers. If they stay with the 10% commission for sales from those landers, and added a lease-to-own option, it could be really compelling.

Even for those who love Afternic and Dan, the domain world is better off with competition, and I hope Sedo will prosper as the main competition left in the general marketplace segment. And perhaps a new innovative startup enter it.

-Bob

Thanks Bob! We value your feedback and are happy that you like our new saleslander.

 

[Traderas]

We don't see any downsides!
Happy that you like our new saleslander.

Sedo MLS is still 20% + VAT = 24%...

 

[Sedo]

I am def moving to SEDO until something better comes along. I don't need Afternic or their distribution network.

You're always welcome.

 

[Sedo]

Good news for Sedo. Those who used afternic exclusively or somewhat exclusively, will now consider switching at least non-English domains to Sedo, or those domains where the potential buyers are more likely outside U.S. due to one reason or another. Since such buyers do not have a preference to use GoDaddy, it would be safe move. And, what if other domains will follow, whole portfolios leaving? Did GD think about this?

By the way, our MLS Network includes strong registrar partners for the U.S. as well, for example Namecheap.

 

[Bob Hawkes]

I think for me one disappointment is that I had hoped that they would let Dan continue as a different marketplace from Afternic. Lower commissions, different landers, rent and lease-to-own options, largely automated processing. When I listed for 9% at Dan I realized that a few things at Afternic were missing, mainly the 24/7 phone system with a huge network of agents to deal with potential buyers, and not as much marketplace traffic. I know some asked that to be added to Dan, but I prefer differentiation, choose Dan or choose Afternic or choose both, but don't try to make them the same thing.

My big bank well over a decade ago bought out a discount brokerage competitor. Many thought they would integrate or close it down, but they have kept offering both services, one for people who want to manage things online themselves without direct advice, and one for those who want phone or in-person investment, with a level of advice, but at higher fees. I think that really is the best of both worlds.

So my personal plea to GoDaddy is to do a bit of a rethink. Keep Dan as something different from Afternic, but under the GoDaddy umbrella, please.

Thanks for listening.

-Bob

PS I also favour a competitive climate, and hope that Sedo, the brandable places, and services like Efty will all thrive, and a new domain marketplace will shake things up.

(@James Iles)

 

[tonyk2000]

By the way, our MLS Network includes strong registrar partners for the U.S. as well, for example Namecheap

Also Netsol, which by some reason is still used by endusers. Had a MLS sale last year delivered to Netsol, or some registrar from that group. @Sedo can you please check your NP threads btw. And enlighten us. Too many questions are pending. Such as are there plans to change that 50% heigth cookie banner...
Thank you @Sedo for commenting here

 

[sg08]

No more DAN. Moved all landers to Sedo & Efty.

 

[jhm]

Everything in this world is supply and demand. All these comments are water off a ducks back to them . The only way to change something is act with your feet and walk away. Move to a lower commission site or have your own landing pages. These big companies with massive overheads cannot survive without the customers. So if your really unhappy walk away and force a change

Well said

 

[James Iles]

Any time I buy a domain on Dan.com, I just assume it will not pan out.

I have bought domains many times only to find out the domain was not actually available and the transaction was canceled.

Sometimes this is blatantly obvious when you see a domain like World.com for $1,000 or something.

Also, when I listed some lower end priced domains on Dan.com there was an absurd conflict percentage.
These were often domains I owned for many years. Some other party listed these at some point.

@Paul Nicks @Joe Styler @James Iles

If you insist on keeping these commission hikes, I suggest you should probably create a thread on NamePros for suggestions, feedback, and issues with Afternic/Dan.

There are many things that need to be fixed and improved. Some of these issues go back many years.

Brad

Thanks for your suggestion, @bmugford. I like the idea of a thread for Afternic/Dan feedback and issues. I'll chat with the GoDaddy team about this.

Actually, let me ask this a different way...

I have different pricing for Dan listings than for Afternic listings due to the difference in commission. Now that the commission will be the same, the pricing can be the same as well. What's the easiest way to achieve this? Should I kill the Afternic account and just do everything through Dan? Or will turning on Afternic from within Dan automatically kill the Afternic account? I'm just not sure the best way to do this. I hope this makes sense.

Following the thread, I think you may have had an answer to this already, but happy to chat privately if necessary - [email protected]

I think for me one disappointment is that I had hoped that they would let Dan continue as a different marketplace from Afternic. Lower commissions, different landers, rent and lease-to-own options, largely automated processing. When I listed for 9% at Dan I realized that a few things at Afternic were missing, mainly the 24/7 phone system with a huge network of agents to deal with potential buyers. I know some asked that to be added to Dan, but I prefer differentiation, choose Dan or choose Afternic or choose both, but don't try to make them the same thing.

My big bank well over a decade ago bought out a discount brokerage competitor. Many thought they would integrate or close it down, but they have kept offering both services, one for people who want to manage things online themselves without direct advice, and one for those who want phone or in-person investment, with a level of advice, but at higher fees. I think that really is the best of both worlds.

So my personal plea to GoDaddy is to do a bit of a rethink. Keep Dan as something different from Afternic, but under the GoDaddy umbrella, please.

Thanks for listening.

-Bob

PS I also favour a competitive climate, and hope that Sedo, the brandable places, and services like Efty will all thrive, and a new domain marketplace will shake things up.

(@James Iles)

Thanks, Bob. As I've said before, I'm gathering all feedback, and I am sharing it with the GoDaddy team.

 

[Dane]

I had hoped that they would let Dan continue as a different marketplace from Afternic.

So my personal plea to GoDaddy is to do a bit of a rethink. Keep Dan as something different from Afternic

Thanks for listening.

Me too. I completely agree. But I don't think they're listening.

 

[Dane]

Following the thread, I think you may have had an answer to this already, but happy to chat privately if necessary - [email protected]

Nope, I still don't have a definitive answer. I'll reach out to you.

 

[davidc1]

By the way, our MLS Network includes strong registrar partners for the U.S. as well, for example Namecheap.

namecheap is also an afternic partner. But now if we use dan's landers we'll have 15% fees for namecheap's mls sales, except if we list our domain on sedo, we'll have 20% fees ---> If i continue to list my domains on sedo, i'll pay more fees than if i dont !!!

 

[tonyk2000]

namecheap is also an afternic partner. But now if we use dan's landers we'll have 15% fees for namecheap's mls sales, except if we list our domain on sedo, we'll have 20% fees ---> If i continue to list my domains on sedo, i'll pay more fees than if i dont !!!

the question is will namecheap select the same domain from sedo feed or from afternic feed...

 

[Rhinnnn]

the question is will namecheap select the same domain from sedo feed or from afternic feed...

Namecheap prioritizes Sedo over Afternic. I tested this with the same domains priced differently at Sedo than at Afternic.

Namecheap always displays the Sedo price, plus a small discount of their own.

 

[davidc1]

the question is will namecheap select the same domain from sedo feed or from afternic feed...

Continuiing having our domains listed on sedo could result in more fees, why taking the risk ?
If sedo dont move quickly they are dead...

 

[Ostrados]

@Sedo

Thanks for commenting on this thread.

I have few questions:

1- Do you plan to expand your MLS partners network?

2- You mentioned that NameCheap are part of your MLS, but when adding a domain to Sedo, NameCheap do not appear as MLS partner with (S) in the list.

3- Does it make difference to select Euro vs Usd when pricing domains at Sedo? I heard that most of your customers are from Europe so maybe Euro is better at Sedo?

 

[BigTree]

We don't see any downsides!
Happy that you like our new saleslander.

The downside is that it must be a buy-it-now price otherwise you charge 15%. Another downside is Sedo MLS which has 20% fee vs 15% Afternic (from February). Another downside is Sedo dashboard account - absolutely disgusting to use it and look at it. Customer service is also not good and much slower than DAN and often with copy-paste replies. There are many downsides about Sedo and there is a reason why so many people stopped using Sedo in recent years. And the only reason why some people consider Sedo now is just the 10% fee with buy it now setting. I will personally keep searching for another alternative.
I used Sedo for 10 yeas in the past and it was the best decision when I stopped using it.
At the beginning I will take a look at DAAZ, ETSY,..