GoDaddy Premium Listing, Any success ???

[ddesigns]

Hi guys,

Pls share your thoughts on Godaddy Premium Domain listing, Do you have more success in Godaddy Premium then other sites like Sedo, Afternic or NP ???

Pls share...:wave:

 

[owntype]

It's worth to try. I listed a few hand regged domains there and sold some. The most recent sale is portablexxx.com, sold for $400. I got $280 after 30% commission. Not bad.

 

[ddesigns]

It's worth to try. I listed a few hand regged domains there and sold some. The most recent sale is portablexxx.com, sold for $400. I got $280 after 30% commission. Not bad.

Wow great, sounds good, normally how long it takes in sales at Premium Listings. any idea ????

 

[owntype]

Wow great, sounds good, normally how long it takes in sales at Premium Listings. any idea ????

No idea, you have to wait

 

[ddesigns]

More inputs pls...

 

[DavidH]

Have sold nine names via Godaddy Premium Listings since last April for prices mostly between $400 and $900 with one sale at $2300, before commission.

Useful extra exposure for domain names in addition to the usual channels and some nice profits, even after commission, for generally sub $20 purchase priced names.

Major downside IMHO is the length of time Godaddy take to pay - will only get the proceeds for the January sales after about the first week in March; also payment is only by check rather than by bank transfer as with Sedo or Escrow.com. The last check was wrongly delivered by our local postal service and ended up beng sent back to the USA so payment took even longer by a further month.

 

[Domainace]

I started with them a couple months back. Sold just one name. . It was picked up at one of their drop auctions for $10. Godaddy's suggested price was something like $90, and I listed it for $400, so you might want to be careful there.

They do have a Paypal option for payment - it's not just by check. But you do have to wait for the money.

30% is a hefty commission, but just price accordingly. The buyer could have gotten in cheaper had he gone through Sedo or direct to me - but the fact is Godaddy is widely known to people and certainly increases your chance of selling to people who have no idea about the domaining business.

 

[ddesigns]

Thanks owntype, DavidH & Domainace for your inputs... It is really very helpful and inspirational.. I have added some in Godaddy premium listing... Lets see how things moves on.. Reps added to all

More thoughts are welcome...

 

[SpareDomains]

Domain Name Wire » News » End User Perspective: Buying a Premium Domain on GoDaddy - The Domain Industry's News Source

 

[mwzd]

Can you guys who have had sales indicate the % commission shared with GoDaddy?

I have had almost 200 domains listed with them, some that they themselves recommend at $xx,xxx but no sales so far.

Any inputs would be appreciated, thanks!

 

[SpareDomains]

you could set the commission before to how high you wanted it and the higher you set it the more publicity it got but now it is 30% across the board so just add 30% to your buy it now price and then the buyer will pay it, most of the sales I'm hearing about seem to be 1k and under as that is probably a quick decision for an end user to make, I have some listed there but I priced higher and each month I am slowly dropping them down a tad.

 

[garptrader]

Six sales in 2010; 5 .COM, 1 .Net, 3 English, 3 Spanish, median sale $325, total gross sales $4800

In 2009 most sales were via SEDO; looks like 2010 will be different

 

[Nattydomain]

I had one sale but it never took palce as Godaddy could not verif ythe funds so not sure if was a real sale or not but never went through....nothing else so far....I have prices set at end user prices for the most part with a handfull at $250 or less

 

[dtagr]

Thanks to all for sharing their experiences.
Quick question - Do the names have to be registered with Godaddy to use the service?

 

[JoshuaPz]

11 GoDaddy premium sales totaling $9145 between April and December of 2009. In terms of total profits, the GD premium listings system was my most lucrative individual passive sales outlet during that span.

It does take about 2 months to get paid though.

 

[ddesigns]

Thanks to all for sharing their experiences.
Quick question - Do the names have to be registered with Godaddy to use the service?

Yes the names has to be on Godaddy

---------- Post added at 09:01 AM ---------- Previous post was at 08:57 AM ----------

11 GoDaddy premium sales totaling $9145 between April and December of 2009. In terms of total profits, the GD premium listings system was my most lucrative individual passive sales outlet during that span.

It does take about 2 months to get paid though.

2 months is really long, why they are taking so long, any idea ??

 

[anon22339]

GoDaddy's policy: How do I get paid for my Premium Listings? - GoDaddy Help Center, Search the GoDaddy Knowledge Base

<QUOTE>
Payment for the sale of your Premium Listing depends on how the domain name was sold.
If Your Premium Listing is Sold Through GoDaddy.com

The following information applies to a Premium Listing sold through GoDaddy.com.

* There is a 30 percent commission charged on the sale price of a Premium Listing.
* Payment is made within 45 days after the last day of the month in which the sale occurred. Example: The Premium Listing sells on January 1. Payment for the sale is made by March 15.
* Payment is made by check and mailed using address information in the account where the Premium Listing resides:
o The payee address, if present.
o Account Owner address, if no payee has been defined.

If Your Premium Listing is Sold Through Go Daddy Auctions™

The following information applies to a Premium Listing sold through Go Daddy Auctions. Payment differs depending on the selling price of the Premium Listing.

* When a Premium Listing Sells for Less Than $500:
o A 5 percent commission (minimum of $5) is charged on the sale price of a domain name.
o After the sale, the funds are held for 20 days, beginning on the date the buyer paid for the domain name. This is called the Transaction Assurance period.
o We release the funds on the 21st day. It might take up to five business days to submit the funds to the PayPal or GoodAsGold account you entered when listing the domain name.
o If it has been more than 26 days since you received notice of the buyer's payment, you can contact [email protected] to see if the buyer filed a dispute for non-receipt of the domain name.
* When a Premium Listing Sells for $500 or More:
o A 7 percent commission (includes escrow) is charged on the sale price of the domain name.
o Premium Listings are processed through an escrow service which deducts processing fees from your proceeds. The buyer submits funds to escrow.com, which holds the funds in a non-interest bearing account, and then pays you by an escrow.com check, ACH, or wire transfer.
o Escrow.com verifies the funds and notifies you. You initiate moving the domain name. When the buyer receives the domain name, the buyer notifies escrow.com, and then escrow.com releases the funds to you.
</QUOTE>

 

[DnEbook]

you can list a premium for up to 99,999 yet only 49,999 in the market place ?

so if you make a premium listing above $49,999 are you to delete the marketplace listing if going over $49,999 ?

love to know

 

[domainbartender]

GoDaddy's policy: How do I get paid for my Premium Listings? - GoDaddy Help Center, Search the GoDaddy Knowledge Base

<QUOTE>
Payment for the sale of your Premium Listing depends on how the domain name was sold.
If Your Premium Listing is Sold Through GoDaddy.com

The following information applies to a Premium Listing sold through GoDaddy.com.

* There is a 30 percent commission charged on the sale price of a Premium Listing.
* Payment is made within 45 days after the last day of the month in which the sale occurred. Example: The Premium Listing sells on January 1. Payment for the sale is made by March 15.
* Payment is made by check and mailed using address information in the account where the Premium Listing resides:
o The payee address, if present.
o Account Owner address, if no payee has been defined.

If Your Premium Listing is Sold Through Go Daddy Auctions™

The following information applies to a Premium Listing sold through Go Daddy Auctions. Payment differs depending on the selling price of the Premium Listing.

* When a Premium Listing Sells for Less Than $500:
o A 5 percent commission (minimum of $5) is charged on the sale price of a domain name.
o After the sale, the funds are held for 20 days, beginning on the date the buyer paid for the domain name. This is called the Transaction Assurance period.
o We release the funds on the 21st day. It might take up to five business days to submit the funds to the PayPal or GoodAsGold account you entered when listing the domain name.
o If it has been more than 26 days since you received notice of the buyer's payment, you can contact [email protected] to see if the buyer filed a dispute for non-receipt of the domain name.
* When a Premium Listing Sells for $500 or More:
o A 7 percent commission (includes escrow) is charged on the sale price of the domain name.
o Premium Listings are processed through an escrow service which deducts processing fees from your proceeds. The buyer submits funds to escrow.com, which holds the funds in a non-interest bearing account, and then pays you by an escrow.com check, ACH, or wire transfer.
o Escrow.com verifies the funds and notifies you. You initiate moving the domain name. When the buyer receives the domain name, the buyer notifies escrow.com, and then escrow.com releases the funds to you.
</QUOTE>

What's the difference between the two, anyone knows? Can a domain still be sold via Godaddy.com if it is already on Godaddy Auctions as a premium listing?

 

[coltter]

It's worth to try. I listed a few hand regged domains there and sold some. The most recent sale is portablexxx.com, sold for $400. I got $280 after 30% commission. Not bad.

30% commission is little bit high IMO. :bah: