NameSilo

Namerific Experience

Located in Domain Marketplace Reviews started by The Domain Wizard, May 28, 2013.

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  1. Grilled

    Grilled khjasdhkfdhdskfhhukdfshkj VIP

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    If your domain is premium, it get's accepted with a free logo and listing fee. $100+ logo award applies
    If your domain is accepted, but not premium, it's $8 listing fee.

    They had offered me a bulk listing discount of $5 / domain if I helped write my descriptions. They said they are open to offering a discount for other bulk sellers. $100+ logo award applies

    I will ask for clarification on the price break if you provide your own logo's. I know you will not be charged a logo award if you provide your own logo's.

    I'm sorry I'm not giving you the reason to re-join Namerific. I'm simply posting my experience as it comes. Respectfully, I think our difference in opinion lies in your belief that Namerific does nothing extra to market your domain compared to the larger markets offering 10%- 20%. In part I agree that there are premium domains that shouldn't incur a fee as high as 30%. Liquid domains such as 3L/4L.coms, and dictionary words can sell themselves, and marketplaces should respect this by charging a lower percentage. Marketplaces make enough money off $XX,XXX sales and 30% is high considering.

    On the contrary there are brandables that need the help of a brandable marketplace to sell. Of course I'd appreciate lower commissions, but I also respect that they allow me to list on marketplaces with lower percentages as well. I could be wrong, but I think Namerific allows you to list your domain with them even if you decide to forward your domain to your own marketplace. I will ask for further clarification on this as well.
     
    The views expressed on this page by users and staff are their own, not those of NamePros.
  2. creataweb

    creataweb Some Guy with Awesome Senior High School Photo VIP ★★★★★★★★★★

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    Sounds good. Maybe I'll contact them to see about bulk deal for all the names I have.
     
  3. lennco

    lennco Top Member VIP ★★★★★★★★★★

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    Anyone else having a difficult time getting an Invoice for your domain sales/fees at Namerific?
    I had a $6k sale in early Jan and I requested an invoice.

    I sent another email 9 days ago asking once again for a real invoice in a pdf and still haven't heard from anyone.

    I got an detail invoice a on my last sale/fees a year and half ago with them but not this time.
    Must have one for my tax records.

    Anytime a broker charges commission fees on a sale (especially when they charge 30%) you must get a detail invoice for the amount of sale, any broker commission fees and net sale amount.

    Sedo is great about invoicing for sales and commission fees.
    Do you guys get invoices for your sales/fees? If not you should, the tax man will want to see one.
     
  4. lennco

    lennco Top Member VIP ★★★★★★★★★★

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    Received Invoice for my sale and commission fees today.
    Its all good :)
     
  5. NameClerk.com

    NameClerk.com Bill E. Gold Account VIP ★★★★★★★★★★

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    Building out your own site is probably the best option, which many seem to be doing now. It's not for everybody and you need to have the skill set to do it, but keeping that traffic in house and building equity in your own brand should pay dividends down the road.

    Services like Efty.com are another middle of the road option. They use direct sales landing pages like BB but you would have to provide the logos if you're after that brandable domain boutique experience. You'll also have to handle the transaction through Escrow.com or another payment provider. The nice perk is no commission is paid. You do pay a low monthly fee though.
     
    Last edited: Apr 22, 2016
  6. golan

    golan GolanMedia.com Gold Account VIP

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    The difference between BB and your own site or Efty etc. - is that BB spends (well it supposes to at least) huge budgets for promoting itself in all kinds of startup sites and platforms. While your site is just hanging there in the webs passively, so no chance that any startuper goes there to find a name/domain for his new venture.
     
  7. Azwan Asban

    Azwan Asban Top Member VIP

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    Where is the login button?
     
  8. DNGear

    DNGear Domainnaut VIP

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  9. Brandworthy

    Brandworthy Established Member

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    IMO Namerific isn't even with submitting to. If I was starting out today I would focus only on the other 2 brandable marketplaces. Too many reasons to list here...
     
  10. Grilled

    Grilled khjasdhkfdhdskfhhukdfshkj VIP

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    Listing with Namerific doesn't only mean you have to list with Namerific, they're nonexclusive. They're the only marketplace of the big 3 that allows you to list simultaneously with marketplaces such as Sedo, AfterNic, Flippa, NamePros, and more.

    You can choose to sell your domains for 100% profit if a buyer contacts you through WHOIS, but then of course, the logo isn't included, and you risk the chance of selling the domain at brandable marketplace enduser pricing. IMO, redirecting the sale to a marketplace weeds out the low ball buyers who won't pay more than $200 for a domain, unless they have no choice because the negotiations are handled by a third party. I detailed my last marketplace contacted through WHOIS sale in this thread. The buyer contacted me through WHOIS, and I gave them the max discount I could + the check box of 10% off to entice the buyer to buy at marketplace pricing rather than waste time negotiating low ball offers that is still decent profit. The buyer saw a nice BB logo, and ensured the logo would be included with purchase. I was happy to pay for the $100 logo because I feel the quality unique logo helped make the sale.

    They'll even list your domain for free if it's deemed brandworthy enough. I don't see the risks with $0 upfront costs. I understand they may have had some issues in the past, but they appear to be making improvements.

    We can continue this conversation on the Namerific Experience thread if you wish to list your reasons and continue this discussion.
     
    Last edited: May 14, 2016
  11. Brandworthy

    Brandworthy Established Member

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    If Namerific generated sales then it might be useful. In my experience they generate no sales, and only send low ball offers through. I can only offer my experience with them, and as someone with over 1,000 name listed on the major brandable sites I hope this might be useful to others.
     
  12. golan

    golan GolanMedia.com Gold Account VIP

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    I submitted a bunch of names to Namerific, and 2-3 weeks later got rejects for all of them, except two, which they offered to get accepted for payment:
    Could it be worth it? Somehow i don't feel like i want to do it.
     
  13. Grilled

    Grilled khjasdhkfdhdskfhhukdfshkj VIP

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    It depends on the domain, and your position as a domianer. Personally, I'd email them, and request discounted listing fee's. They've been open to discounting fee's if you're a volume seller and/or if you're able to provide well written descriptions/tags, and/or have quality logo's for your approved domains.

    I took advantage of $5 listing fee's and now have over 100 NR domains. I'll be testing the waters by adding these domains to Sedo, AfterNic, and Filppa BIN later this week to see if that effects domain traffic. Since they use domain forwarding, I can track the analytics. The way I see it, I'm happy to pay $5 upfront for a concept logo and have my domain entered in an additional brandable domain database that not only ranks on search engines, but is also marketed at strategic domain and start up events.

    Should I feel, that 30% is still to high to receive my type in traffic, I can forward my domain elsewhere. I still forward my domains to NR because I like the packaging. However, I'll admit, I have some domains that I feel the type in traffic / name itself will inevitably bring a buyer regardless of venue. The question is will my type in traffic / domain, bring me a buyer beofre Namerific finds a buyer for me :D
     
  14. Grilled

    Grilled khjasdhkfdhdskfhhukdfshkj VIP

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    @Hypersot It's questions like this, that will get others to begin questioning, marketplaces to listen, and industries to change. I certainly have.

    Thank you so much for asking these questions. They were by no means stupid questions, and I can't thank you enough for raising these questions. I'm sure Namerific has answers to your questions about what they do for your domains, to the point of commission fee's, and how they reward those who forward their domains to Namerific. If they don't, I'm sure competition can force their hand to adhere to incentivizing their sellers who do. They already provide free listing fee's for premium domains, but this does not mandate your type in traffic.
     
    Last edited: May 18, 2016
  15. Adam27

    Adam27 GreenJobs.com VIP

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    I agree, but did Margot Bushnaq have the "skills" to build a marketplace. Originally it wasn't even supposed to be a brandable domain market. :)

    SEO is the hard part.
     
  16. equity78

    equity78 Top Member TLDInvestors.com TheDomains Staff PRO Gold Account VIP ★★★★★★★★★★

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    Interview with Mike Navarini,

    An interview with Mike Navarini Namerific.com. Mike gives us some insight into why Namerific is better than their competitors and tells us the top sale so far on Namerific for 2016. 1) How long have you been buying and selling brandable names and how did you get involved with Namerific ? I bought my first domain as a teenager, and have been collecting them ever since. I met my co-founder, Zane … [Read more...]
     
  17. Grilled

    Grilled khjasdhkfdhdskfhhukdfshkj VIP

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    I'm not sure if you got the feedback you were looking for when you posted the quoted post on page one of this thread three years ago. For market research and discussion purposes, allow me to share my experience with you...

    I recently paid for Qewt.com to be featured. No luck yet, but shhhhh it's been featured for over a month, and I only paid for one month of featured listing. :$:

    Has anybody else noticed anything similar? I wonder if this post will flag them to remove it soon.... :?:
     
  18. Grilled

    Grilled khjasdhkfdhdskfhhukdfshkj VIP

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    Why not both Namerific and Efty Marketplace? More marketplaces = more exposure! Of course, there are listing fee's to consider, but I mainly speak of the domains NR accepts without an upfront listing fee if you're still unsure if you want to invest into Namerific listing fee's. $0 up front cost + nonexclusivity = 0% risk right?

    I'm happy with my current landing page provider, though since I'm not a coder, I'd like to give Efty's custom marketplace option a try again. I've been slacking by simply sending my clients emailed lists and spreadsheets. To the new EFTY Marketplace Showcase thread I go to get caught up on some new features @Doron Vermaat mentioned two weeks ago!
     
  19. Doron Vermaat

    Doron Vermaat Email [email protected] for the fastest Efty support. Efty Staff PRO Gold Account VIP

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    Thanks for the shout-out @Grilled - You're correct. Namerific doesn't require exclusivity and/or using their name servers meaning you can use your own For-Sale landing page to capture type-in inquiries and offers and list the domain on your own marketplace. Efty allows you to customize your landing pages, including writing your own description and uploading your own logo. An example of one design we offer can be viewed at MovingUp.com.

    I don't want to hijack this thread so any questions or comments about Efty features can be asked in the thread Grilled linked..
     
  20. Grilled

    Grilled khjasdhkfdhdskfhhukdfshkj VIP

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    Thanks @Doron Vermaat for the response. Though, I think the real EFTY Thank you should go to @NameClerk.com for the original EFTY shoutout, which prompted me to ask...

    Why not list your domains with Namerific and Sedo and AfterNic and Flippa BIN and NamePros and EFTY and a Friend's EFTY page!.
     
  21. golan

    golan GolanMedia.com Gold Account VIP

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    I logged in to Namerific to submit a domain, and i discovered that they have accepted one domain i have submitted a couple weeks ago - but i didn't get ANY email about that. I checked in spam - nothing. So, if i didnt log in - i would never knew they accepted the domain. How's that?
     
  22. Zoltan P.

    Zoltan P. Top Member VIP ★★★★★★★★★★

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    Unfortunately, it happens all the time with NR. I only left a few names there and just gave up on them.
     
  23. Grilled

    Grilled khjasdhkfdhdskfhhukdfshkj VIP

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    @golan @Zoltan P. All great QA points! I assume they're revamping the system.

    Their email system spazzed out and sent me reminders every two days to verify domain ownership.


    upload_2016-6-11_12-8-38.png

    I'm not sure I want to sell Sour/Juice.com, and have held off in forwarding it to Namerific thus far. I emailed Namerific, and requested them to stop sending me emails.

    I'd rather see sales / offer emails, instead of verification request ;)

    Though, I suppose, the more domains I add / forward, the more offer / sales emails I'd receive.
     
  24. 1wik

    1wik Established Member

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    I had exact same experience! Logged in the other day to see 6 names accepted, no email and no link to pay the listing fees etc. Emailed the support - heard nothing back in over a week. My first 2 names that got accepted took them over 3 weeks to review and about the same time to design the logos (about 3 times longer than my average at BB). Honestly, I'm under a strong impression that they don't take it seriously.

    Has anyone had ANY sales on NR lately?
     
  25. golan

    golan GolanMedia.com Gold Account VIP

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    I was getting emails from them instantly when they wanted me to pay the listing fees. Lol. But this one they accepted with no fee, so maybe because of that they don't really care when/whether i ever get to know about the acceptance.
     

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