Snapnames raise min pre-order cost?

[DotWeekly]

It appears to me that SnapNames.com has raised there min backorder price to $99 from the normal $60.

I have not seen anything on there site to announce this, but doing my daily backordering it seems that everything is now $99 and I have also went thru the domains that I have backordered earlier and several say, reserve not met $99.00 etc. and I am thinking if you do not raise the bid from $60 to $99, you will not be in the auction?

 

[notlikeyou]

I had a couple the other day change from the $60 bids to "you have not met the min" although I still have a couple that are at the 60 min bid. I'd be hard pressed to think they changed from $60 to $99 without informing anyone. But I've been surprised before.

 

[Krossat]

I hope not. It would force me to bring my backorders down to half.
I did increase one reserve to 99 couple of days back, where it said reserve needs to be that, but there are so many in my list which are still $60.

 

[buckshotdots]

I have noticed it for a while. I guess they decide which ones are "premium" and make it $99?- most are still $60 though. Also I have seen live auctions starting at $100? Or is that $99 with one bidder? Im confused

gary-

 

[DotWeekly]

I'd be hard pressed to think they changed from $60 to $99 without informing anyone. But I've been surprised before.

Well considering Oversee is the new owner, it's most likely we will be seeing some changes with snap, and I think this is the first one.

It just Can Not be a fluk that everything that I backordered today, ALL were $99 and I backordered A Lot. Plus the fact that many domains that were backordered before, went from $60 to a reserve not met $99.00.

 

[Name Trader]

I think your experience speaks for itself, Jamie. I'm sure you are right. Oversee? That's Domain Sponsor group, right? I never saw that announcement. do you have a link? Good move, if correct.

 

[gazzip]

It appears to me that SnapNames.com has raised there min backorder price to $99 from the normal $60.

Hmmm, it is getting a bit confusing at snap recently - I assumed that the ones with a price higher than $60 were ones that were not actually due to expire, ie: They had been put up for sale by their owners and that was their minimum.

I bl**** hope so !

Out of 10 names I have backordered 8 say $60 and two have been changed recently to a $99 minimum ???

It would be nice if they had some way of clearly seperating the dropping names from the "for sale" names...maybe by colour or something ??

Yup, I'm confused !

.

 

[hawkeye]

When one runs/owns a monopoly, and as Snap is the best drop catcher, they can do what they want, when they want, and do!! I think it's a cheap move, but they know - 'we'll pay it, if we want to play it!' Can we not? Probably following the gas companies recent gouging theory.

 

[Kate]

I had the same experience. Their pricing policy seems to be rocky lately

 

[DotWeekly]

I think your experience speaks for itself, Jamie. I'm sure you are right. Oversee? That's Domain Sponsor group, right? I never saw that announcement. do you have a link? Good move, if correct.

That is correct, Oversee does own Domain Sponsor. Here is a link from snap https://www.snapnames.com/newsroom_jun1507.jsp

DT Link, http://blog.domaintools.com/2007/05/snapnames-is-sold/

P.S. I also have an email into snap about the price changes, so when I hear back I will post.

 

[notlikeyou]

P.S. I also have an email into snap about the price changes, so when I hear back I will post.

ditto

 

[Name Trader]

Thanks Jamie. Nice acquisition, imho. Probably paid squillions for them.

 

[DotWeekly]

Thanks Jamie. Nice acquisition, imho. Probably paid squillions for them.

Frank S. reported $25 Million, which I think seems pretty cheap, BUT who knows how much goes to the partners. Without there partners, snap really wouldn't be much. imo

 

[notlikeyou]

I think Hawkeye might be right. If they do raise the min to $99 they are going to see a lot less volume but that 39 dollar price increase would probably make up the difference & then some. From my POV it's a bad move, if anything lower the min price (not by much maybe $10 or so, create a way of wow look what this new ownership is doing) involve more bidders & drive the price that way. But that's just my biased view

 

[Spade]

I had some that are 99 and some that are still 60 - perhaps domain names that are preferred partners are going for $99 and ones that are $60 are true drops? This way they figure they keep business from going elsewhere, but increase the bottom line because you HAVE to backorder the preferred domains through them?

 

[DotWeekly]

The only benefit that I see that snap will gain from a price hike, are the domains that only one person backorders, which they will make $39 more on.

The downside, somebody might like a domain at $60 and not at $99 which means they will have Less Bidders or simply no backorders on the domain.

Another positive for snap, would be better quality domains in there Live Auctions, but with the random pricing from $9-$100 something would need to be fixed. Just start all Live Auctions at $18, why $18, because it's also a random number that just doesn't make sense. lol But all live auctions should start at one price no matter what.

I had some that are 99 and some that are still 60 - perhaps domain names that are preferred partners are going for $99 and ones that are $60 are true drops? This way they figure they keep business from going elsewhere, but increase the bottom line because you HAVE to backorder the preferred domains through them?

I checked already.

jager.net Registrar, NetSol Backorder cost $60
longyear.com Registrar, NetSol, Backorder cost $60

mkb.net REgistrar, NetSol, Backorder cost $99
typical.net Registrar, NetSol, Backorder cost $99

 

[homebuyer]

My Story

I backordered a domain two weeks ago with a $60 bid. A few days ago I received the "reserve-not-met-$99" email from snapnames. At first, I thought that the reason for the price change was that it was a private auction; but when I checked the whois on the domain I saw the PENDINGRENEWALDELETION and a past expiration date info.

I don't like being manipulated into placing an initial meaningless bid. Snapnames may be using the $60 opening bid to get bidders, and then when they do, they raise the "reserve" price.

Imagine if you will an in-person auction. Bid number 1 is $60, bid number 2 is $61, bid number 3 is $62, and bid number 4 is $63. Then, the auctioneer says the next bid is $98. Bidders who want to stay in the auction must bid $99. A rose by any other name . . .

 

[Jasonn]

Retarded. I guess they figure they can justify it as enom charges 100 for their service. I hope they get some backlash from it though.

 

[DotWeekly]

Retarded. I guess they figure they can justify it as enom charges 100 for their service. I hope they get some backlash from it though.

Club Drop (eNom) still seems to be $60 as it was before. I have never seen them charge $100 to start.

 

[Spade]

Club Drop (eNom) still seems to be $60 as it was before. I have never seen them charge $100 to start.

Yah, I havnt seen that either - unless they just did it.

Looks like im going to be spending less with Snap and more with a few of the other service providers.... oh well!

Justin