I have increased GoDaddy's Premium Listing to 62% commission "maximum level"

[DN BROKER]

Going to try out the 62% commission level with godaddys premium listing. I'm assuming, it will list my domain in more top listings. Anytime a user does a domain registration search, my domains will now be listed in their search results.....

i will keep you updated if my sales increase.

i have 150 domains listed with 62% commission!

 

[DavidH]

Hi 24HourDomainer,

Did you get any nibbles by increasing the commission rate to 62%?

 

[DN BROKER]

Hi 24HourDomainer,

Did you get any nibbles by increasing the commission rate to 62%?

no, nothing!

Their is no point in setting up 62% - im going back to the lowest 32%.

 

[zoogo]

And I thought PayPal was bad..

 

[DavidH]

Has anyone ever had anything from Godaddy to explain what the different levels of commission actually earn in terms of addional promotion, etc?

 

[DN BROKER]

Has anyone ever had anything from Godaddy to explain what the different levels of commission actually earn in terms of addional promotion, etc?

Well, I did research the domains i increased on commission - and noticed they do show up under some words used in my search for newly reg names.... and in other cases - the domain would not appear... i figure just like my 1st sale - end user looking for exactly what your selling is the best return from this program... using the 32%

 

[namenut]

I would like to know if the price you set for the name effects
your domains rotation frequency. Meaning is GD screaning the
asking prices and filtering the ones they feel are unreasonable.

Has anyone ever had anything from Godaddy to explain what the different levels of commission actually earn in terms of addional promotion, etc?

Setting the commission rate higher will increase the following:

1) The frequency your domain is rotated into search results

2) Broader scope of relativity to keywords searched and your
domain name.
(search for "dog" will include "doggie, hound, dog bone")

3) The amount of commission Godaddy gets from the sale
of your name.


IT DOES NOT mean you (the domain owner) get an increase in
commission for any revenues or sales. Godaddy gets the increase
in commissions. Your name gets more exposure.



NN

 

[DN BROKER]

I would like to know if the price you set for the name effects
your domains rotation frequency. Meaning is GD screaning the
asking prices and filtering the ones they feel are unreasonable.

For every listing, godaddy gives you an appraisal value of your domain name and price you should consider... otherwise, price has no effect on rotation frequency.

 

[DavidH]

When I asked Godaddy what I got for the extra commission rate, this is their initial answer:

"Due to its complex nature, your issue has been relayed to our Advanced Technical Support Team. Our most skilled technicians will be working to resolve your issue quickly and completely. You will be notified promptly upon resolution."

I look forward to hearing what their most skilled technicians come up with

 

[copper]

Complex nature

 

[Domainace]

I wonder how many words they will need to make "sucker!" sound like a valuable upgrade.

I mean, they can't easily tell you how doubling your fee will benefit you? Maybe it's like getting people to put super-premium gas in their cars...some people will just pay more on the assumption that they'll get something for their money.

After all, it costs Godaddy nothing add the option - one that can potentially double their profits for zero effort.

This is not to disparage this thread. It's very interesting, and I've started trying it myself.

When I asked Godaddy what I got for the extra commission rate, this is their initial answer:

"Due to its complex nature, your issue has been relayed to our Advanced Technical Support Team. Our most skilled technicians will be working to resolve your issue quickly and completely. You will be notified promptly upon resolution."

I look forward to hearing what their most skilled technicians come up with

 

[JoshuaPz]

I've done plenty well at the 32% commission rate. One listing sold in April (a few days after listing 200 of my domains), one in May, and one just a few days ago. It's just so easy for users click 'Purchase' next to "XYZ.com is AVAILABLE! (As a Premium domain name)" when they search XYZ.com because the message is prominent and displayed at eye-level. Users RARELY nudge their eyes below the strip mall line to peer at the premium-listed alternatives to the domain they typed in.

Users who fall for the 62% commission offering should read up on shelf stocking fees.

 

[DavidH]

Godaddy have finally responded, as follows:

"The larger the commission offered, the more visibility your domain receives on our Web site when customers search for a domain. For example when someone searches for a keyword in your domain it will be displayed higher in the search results under the premium domains tab. Unfortunately, I do not have data that will tell you the exact level of visibility for a specific commission rate. "

 

[DavidH]

Maybe I just got lucky but Godaddy just sent me an email telling me I had sold another Premium Listed name for which I had increased the commission rate to 50%.

Put the asking price right at the top end of the range suggested by Godaddy and have got a $2288 sale.

Even with a 50% commission rate, not too bad for a $57 buy on 20 Feb (sticks with my goal of getting 20x purchase price!)

 

[Sameh]

Maybe I just got lucky but Godaddy just sent me an email telling me I had sold another Premium Listed name for which I had increased the commission rate to 50%.

Put the asking price right at the top end of the range suggested by Godaddy and have got a $2288 sale.

Even with a 50% commission rate, not too bad for a $57 buy on 20 Feb (sticks with my goal of getting 20x purchase price!)

Nice ROI .. Congrats!

 

[snoop]

just triple your asking price :sold:
covers the commission

62% is obscene :tri:

makes sedo look like mother theresa

It sounds to me me like godaddy are doing all the hard work if they are actively promoting a name. If a domainer got 70% commisson from a parking co would that be considered obscene?

 

[-REECE-]

It's not the domainer getting 62% -- at their max commission, it's Godaddy getting 62% (the domainer getting 38%). Honestly, I think anything over 50-50 is a bit much. Thankfully they do let you sell at lower commission levels.

It sounds to me me like godaddy are doing all the hard work if they are actively promoting a name. If a domainer got 70% commisson from a parking co would that be considered obscene?

 

[daj]

Did GoDaddy get rid of the $4.99 a month fee to list the domains as premium?
I just listed some, and the cart said $0.00, so I wasn't charged for anything.
Maybe it's just a special going on? %%-

 

[DavidH]

Did GoDaddy get rid of the $4.99 a month fee to list the domains as premium?
I just listed some, and the cart said $0.00, so I wasn't charged for anything.
Maybe it's just a special going on? %%-

I have over 200 names listed as premium and I have not paid a penny for the listings - I would not be interested if there was a monthly charge considering what commission I am paying Godaddy when they do sell a name.

 

[bobbarato]

For every listing, godaddy gives you an appraisal value of your domain name and price you should consider... otherwise, price has no effect on rotation frequency.

How does this GoDaddy appraisal compare to Estibot?

 

[Nattydomain]

I see where to list for free AND I see where you can list "premium" for the home page etc but where is it where you can decide on the commison rate? Am I missing something here?

If anyone can point to a link where to start so I may check it out....