Domain Name Wholesale Exchange DNWE Marketplace

[Lox]

The core concept is to move domain “liquidation” out of the forums and into a simple, easy to use platform with domain quality control and price control.

The platform is purposely exclusive to domain investors so that you can keep wholesale and retail prices completely separate at the same time. Example: Gamers (.co) Lander/Afternic - $20,000. DNWE - $1,285.

Sellers are charged 9% with all associated fees baked into the price.

Website: DNWE.com (Domain Name Wholesale Exchange)

NP @Josh R

 

[dirk]

Looking good. Was gonna sign up but they needed 2 domains to verify the user. How will you verify the domains @Josh R ?

 

[creataweb]

Excellent, will check it out.

 

[Lox]

... AND ...
Didn't take long for someone (NP member) to reg. DomainNameWholesaleExchange.com
(2020-02-12 @ 16:37:47)

For sale @ DAN

 

[creataweb]

DNWE is better anyway, that other name is kinda long

 

[Doron Vermaat]

Great initiative from Joshua. I've signed up, looked around and submitted a few domains. Other than the application being a little slow at times it looks well executed and easy to navigate.

The main challenges with a marketplace like this will be:

Hand curation: currently, all submissions are being manually reviewed. When the marketplace grows and more sellers will submit more names this will become a major bottleneck as we've seen with BrandBucket and most of the other marketplaces where some sort of manual approval en valuation process is in place.

Cheats: as the marketplace caters to domainers only you will soon find that buyers will try and bypass the marketplace and email the owner of a domain name directly to avoid the 9% commission.

Good luck Josh!

 

[DanSanchez]

Great looking site, I also signed up and hope to participate! Anything that can bring the market some added liquidity is a win in my mind. The 9% commission is frictionless. Ideally there will be listings above $1k and below $10k to target other investors in that liquid market. Did you intend for this to be a market where retail buyers come in as wholesale buyers, Josh?

 

[JoeCanadian]

Signed up.

 

[equity78]

Great looking site, I also signed up and hope to participate! Anything that can bring the market some added liquidity is a win in my mind. The 9% commission is frictionless. Ideally there will be listings above $1k and below $10k to target other investors in that liquid market. Did you intend for this to be a market where retail buyers come in as wholesale buyers, Josh?

I believe I saw a tweet that Josh wants it exclusive to domain investors.


Josh R


@DailyDomaining
The platform is purposely exclusive to domain investors so that you can keep wholesale and retail prices completely separate at the same time.
Example: http://Gamers.co Lander/Afternic - $20,000.
DNWE - $1,285.

https://twitter.com/DailyDomaining/status/1227444822509858816
https://help.twitter.com/using-twitter/how-to-tweet#source-labels

 

[capybara]

Anything promoting the "wholesale" concept is eventually going to lead to more people unwilling to pay above "wholesale" level.

– Hey, I want to upgrade my business domain name to XXXXZZZZ.com and its for sale at GoDaddy for $15000. Do you think I should buy it?
– Don't buy it there! These scumbags squatters take your for a fool. It can be bought for $1500 at DNWE.com.

Having said that, as a buyer I see a great opportunity in it. Also the site looks neat and very well made. Kudos to J. R.

 

[xeroox]

Anything promoting the "wholesale" concept is eventually going to lead to more people unwilling to pay above "wholesale" level.

– Hey, I want to upgrade my business domain name to XXXXZZZZ.com and its for sale at GoDaddy for $15000. Do you think I should buy it?
– Don't buy it there! These scumbags squatters take your for a fool. It can be bought for $1500 at DNWE.com.

Having said that, as a buyer I see a great opportunity in it. Also the site looks neat and very well made. Kudos to J. R.

It's for domainers

I believe I saw a tweet that Josh wants it exclusive to domain investors.


Josh R


@DailyDomaining
The platform is purposely exclusive to domain investors so that you can keep wholesale and retail prices completely separate at the same time.
Example: http://Gamers.co Lander/Afternic - $20,000.
DNWE - $1,285.

https://twitter.com/DailyDomaining/status/1227444822509858816

 

[Dream Domains]

Very good idea. Signed up for an account.

 

[FlipperC]

exclusive to domainers. good idea!

the owners of namepros should be ver very afraid. josh eat their lunch. the whole idea of using a forum to sell domains whole sale is silly. everything visible to google here but not at dnwe.

 

[Internet.Domains]

A marketplace exclusive to domainers. How many domainers are there? If you got 100% participation from domainers, how big is that market?

 

[RJ]

Looking good @Josh R ! I just signed up to try it.

exclusive to domainers. good idea!

the owners of namepros should be ver very afraid. josh eat their lunch. the whole idea of using a forum to sell domains whole sale is silly. everything visible to google here but not at dnwe.

It's always good to have alternatives. NamePros still has 0% commission for reseller-to-reseller transactions and a trader-rating system that references over a decade of transactions. :justsayin:

 

[Lox]

How many domainers are there?

+/- 50k
[ not counting CAG folks (come and go) ]

 

[Internet.Domains]

+/- 50k
[ not counting CAG folks (come and go) ]

You think it's that high on a consistent basis? I would presume there would be much more activity at conferences, in forum, in blogs if the number was anywhere near that high on a consistent basis.

It was mentioned that there was about 1000 attendees at Namescon. That number includes the companies that offer product and services, but don't necessarily "domain" on a regular basis.

If we had anywhere near 50k on a regular basis the forum, blogs and conferences would be popping large.

 

[Lox]

You think it's that high on a consistent basis? I would presume there would be much more activity at conferences, in forum, in blogs if the number was anywhere near that high on a consistent basis.

It was mentioned that there was about 1000 attendees at Namescon. That number includes the companies that offer product and services, but don't necessarily "domain" on a regular basis.

If we had anywhere near 50k on a regular basis the forum, blogs and conferences would be popping large.

The number of 50k is based on active portfolios (liquid: reg/buy & sell - 2017-Q3 2019). Blogs & Forums (in english); in reality there are more readers vs contributors (1:10.000+). Regarding "domainer" related conferences/events ... what makes them important? I attend Tech/Internet/AI/DNS events every year and I've found the NC or ex Domaining Europe more or less exhibition based. You'll benefit more from the Web Summit and The Next Web, IT & Tech, DNS, IoT, AI events or pro meetings s.a. Asheville. There are different types of gatherings/small events related to DN/DNS around the world.

Regards

 

[karmaco]

By the language of “only accepting investor quality” domains I believe alot of people will be disappointed when their names aren’t accepted. They are looking for really good names you are willing to sell cheap.

Good names are somewhat subjective as is the term wholesale pricing. Good idea but I believe there will be kinks.

 

[NameFit]

Good effort but we have to keep in mind few things

1. Domain/Domain price are very subjective. If the domains are moderated, then it may very well turn out to be curated marketplace like many others but with 'alternative' pricing.

Not saying that, but if the purpose is to have 'two pricing system' - 'then make it clear'. Accept the names that have been accepted in other 'curated marketplaces'. That way you do not disappoint sellers when their names are rejected. That goes for price too. Make a rule that they cannot quote something like 20% of what they have quoted in other places. But that approach has pitfall too, many domainers have good names and they never list it in other marketplaces. Or you can have hybrid model - if accepted in other marketplaces, they are in. Rest moderated.

2. One always has to focus on 'who their audience is'. Is it domainers (as resellers) or end users? Would end users be ever login to the site - highly unlikely. Looking at the name itself, they will think it is an 'exchange'. With that said, domainers being audience - there are very little margins, so not sure if 9% commission would be worth your efforts.

3. Whois verification will be not be that easy. Since there will be lot of exchanges, then it will make it tough.

Overall, good effort, but management will be tough. So yo do deserve 9% commission. As always, listen to audience, user actions (technically) and work towards making it better. There is lot of learning as we go along. You always have to carefully look at plus and negative points of each feature and align it with your business goals. Business goals have to be very clear - always.

Best.