GD stopping certain expiring domains from entering closeout?

[tomcarl]

Anyone ever watch a domain name on GD auctions and notice the listing just disappears immediately after ending with 0 bids without entering into closeout BIN like every other domain?

I thought it could've been renewed or transferred by registrant at first, but it couldn't be because I seen this happen the same day with about 3 or 4 really good ones I was watching.

Is this something known that if a name has obvious quality to it and receives no bids, it'll be flagged by GD and not sent to closeout?

 

[Name Trader]

Also. The backorder bid is locked. I cannot remove my backorder for this domain. Also in GoDaddy Actions it shows as a $10* bid. I don't know what the * means. So I'm destined to catch this very so-so domain to make a point. The point being you can no longer employ backorders to capture domains silently within GoDaddy Auctions. Every backorder now shows up as a $10 bid on a domain where the minimum bid was previously $12. I can understand this logic because every domain on the GoDaddy Auctions with a backorder, has a $10 starting bid. Ce la vis. This strategy might still work, but from AEProgram's explanation, every domain with bids, leave the gate open to an all out bidding war.

 

[hookbox]

Ok. The jury is in. I picked a domain with no bids on the domain, with $12 minimum bid and only a couple of hours left before it goes to $11. I placed a backorder on the domain. The domain auction showed up in the auction as a $10 bid. WTF happened to the $12 minimum bid? It just got reduced to $10, just like that.

So I conclude from this example that you can no longer use a hidden backorder to capture domains passing from expiring domains to closeouts. This used to be possible before, but it appears it doesn't work nowadays.

That's what I was telling you. Any backorder placed will show as a $10 bid. Any regular bid placed will show as a $12 bid. This is sometimes why a name that had a first bid of $10 will skyrocket during the auction process. It is a telltale sign that an enduser is in the auction and placed the backorder and will pay more for the name then we think it's worth as investors.

 

[DomainVP]

You are more likely to catch a meteor with your bare hand than catching a good domain with GD backorder.
I used it once years ago, and that was the final time.

 

[Name Trader]

Hold on..... I asked my Account Manager, and he told me something different. I'm waiting for a clarification from him. But interestingly, I was outbid in the last few minutes, for a domain which would have gone straight thru closeouts to deletion, if it hadn't been for my bid I was relieved. But was prepared to spend the money to find the truth.

 

[cdboard]

But interestingly, I was outbid in the last few minutes,....

did the outbid show as $15?




I have used a backorder for a $12 domain, and it showed as a $10 bid. I think that made the minimum to outbid me as $15 ($5 more)

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(not directed at stub)


I think this is a good place to share some love.

I will use approximate rounded numbers for simplicity.

what will it cost you to buy that $12 auction domain?
maybe $21? {12 auction price plus a 9 renewal fee}.

let's say you bought a backorder and used a 35% off wow code.
the backorder costs you $14.

now think,

manual bid on a $12 name >>>>> $21 final cost.

backorder a $12 name >>>>> $14 final cost.



while the auction system updates quickly with a manual bid, the backorder system doesn't update as quickly.

pre-purchase the backorder, have it sitting there ready to fire.

don't be surprised if a last-second backorder doesn't get there in time. give it a few minutes before auction deadline.

be ready to manually bid at the last minute, just in case.

find and memorize a 35% off wow code!

 

[Name Trader]

Yep. Somebody bought it for $15. I guarantee they will drop it again next year.

But I'm still awaiting some clarification from my Account Manager about this backordering domains which are in the auctions. His reply said the backorder was secret (the line I was spouting from my previous old experience with this process, until I recently experienced different for myself).

 

[hookbox]

Yep. Somebody bought it for $15. I guarantee they will drop it again next year.

But I'm still awaiting some clarification from my Account Manager about this backordering domains which are in the auctions. His reply said the backorder was secret (the line I was spouting from my previous old experience with this process, until I recently experienced different for myself).

Any domain in an auction that has one bid starting at $10 is a backordered domain. If you go to your advanced search feature in GD auctions and set it at minimum price $10 and maximum price $10, set only expiring auctions, set ending in 1 day, set more than 0 bids. There will be about 500 domains in auction ending tomorrow that are all backordered domains. We see them all and none are ever hidden. It is not to Godaddy's advantage to hide bids from other potential customers that are willing to spend more money on a domain and ultimately put more money in Godaddy's pocket.

 

[Name Trader]

But I was a bit surprised that a $12 minimum bid turned into a $10 minimum bid at a keystroke. But I can understand why. But definitely, in the past, this was not the case. Backorders placed when the domain was in auction, never showed up at the auction, but won the domain before it went to the closeout section. As I haven't used this tactic recently until today, I hadn't know this had changed. I believe I said from the outset, that I hadn't used this tactic recently. Maybe I just didn't repeat it in every one of my posts.

I'm still waiting for the explanation from my Account Manager, who said these backorders DOT NOT show up in the auctions. Just like it used to be. Maybe it's only a recent change, but I doubt it.

 

[GoWeb]

Yes.
One domain I put in my cart, removed it, then was told it was no longer available. Couldn't find it listed anymore.
Guess what, later in the day (after logging out and restarting browser) I searched the auctions and there it was at BIN. Similar happened with another nice domain that day - disappeared and reappeared (this one had never been in my cart).
So I suggest trying looking again with another browser or ip address to double check.

Earlier on, I was perplexed with this as well. Then I noticed that when you click the BIN button, the domain is immediately removed from the auctions and put in your cart.

If you proceed to payments but you are not able to complete payment,for some reason, you will find the name removed from auctions as well as your cart but you will find the name in your Account->Pending Orders. You can just go there and try to pay again.

I guess if you fail to pay after hitting the BIN button, the name moves back to listings after some time.

 

[Name Trader]

About two hours.

 

[Name Trader]

My Account Manager didn't know how the GoDaddy Auctions worked (which I think he should have known). He's passed the buck to GoDaddy Auctions Support. So I'm now waiting on them to clarify. But from my own experience, I think I know the answer already

 

[lobos]

Well IMHO:

1. Godaddy "account managers" (customer service representatives) don't really know the right answer. If you'll call them a few times, at the same day, and you'll talk with a few representatives = you'll get a few different answers for the same question!
2. Lately, it happens more then ever - after auction is closed and no bid is placed for $12 - the domain disappeared.This is frustrating! Good names just vanish.
My twisted mind thought of an other scenario: imagen that a domain owner just want to know how much his domain worth at the "free" market so he is watching till the end of auction and if no bid is placed, he just renews it...
3. I thought that the godaddy backorder services were much expensive then $10 - $20, so thanks you for that.

 

[DomainVP]

2. Lately, it happens more then ever - after auction is closed and no bid is placed for $12 - the domain disappeared.This is frustrating! Good names just vanish.

Wait 7-8 days and then check the WhoIs on the name. You will see who is picking up your targeted zero bid name.

Good names are being sought by a lot of people, there is no real way to know when a domain will go to closeout after auction; but some people sit there and watch it religiously and catch it as soon as it goes to closeout.

Try using FreshDrop, that will help.

 

[lobos]

Wait 7-8 days and then check the WhoIs on the name. You will see who is picking up your targeted zero bid name.

Good names are being sought by a lot of people, there is no real way to know when a domain will go to closeout after auction; but some people sit there and watch it religiously and catch it as soon as it goes to closeout.

Try using FreshDrop, that will help.

If someone snap it then it always says "closed" at $11.
I thought to watch the whois... but come on, who has the patience for that ...
I rather keep on with my frustration, and go to sleep.

 

[hookbox]

Many people let their names go through the auction process to see if it gets any bids and to see what someone else is willing to pay for it. If it gets one bid, ten bids or no bids the name will still get transferred away if the owner still wants the name. When this happens the name will vanish and all history of the auction or sale will disappear.

 

[Name Trader]

GoDaddy Auctions Support confirm that all backorders are now placed as bids in the auction. They said this changed when they decided to allow for multiple backorders on a domain. Previously when they only allowed one backorder, then the backorder was silent from the auction, and took the domain before it went into closeouts.

 

[cdboard]

does the first backorder have any advantage?

 

[Name Trader]

I never got into that with them. But I would assume the same as SnapNames/Namejet, that the first bid would be the winning bid if nobody bids any higher. Otherwise there would be no winner.

 

[tomcarl]

An update, the two domains I created this thread about are now registered to 2 new people unaffiliated with GD. It wasn't a backorder because they never dropped and still have age. It must have been some type of closeout snipe service but again very odd because 1 didn't even show as being closed, the other automatically went to "This auction is no longer available" screen after it ended and stood there.

And they're both still with GD, not a different registrar.

 

[discobull]

does the first backorder have any advantage?

If I understand your question correctly, then yes.

If you place a backorder on an expiring domain that is in auction, your backorder fee covers the cost of renewal. With 35% coupons, you can get a backorder for about $14 so you save a few bucks compared to paying the winning bid amount + renewal fee. Bear in mind that with backorders, although you don't pay a renewal fee, your initial bid only counts as $10 even though the backorder cost more than that. So, for example, if your winning bid is $30, you still owe Godaddy $20. To further clarify, here's how your costs would break down in a hypothetical auction closing at $30:

Case 1, no backorder used:

Total Cost = $30 + $10 ( renewal fee using coupons, otherwise $15 ) = $40

Case 2, using backorder:

Total Cost = $20 + $14 ( cost of backorder using coupons ) = $34

So you save $6.

The last point is that you CANNOT use backorders for buying closeouts.