marketplace Stud marketplace coming soon (Domain King)

[Lox]

...
In case you haven’t heard my partners and I are opening up not only a domain brokerage, not only a marketplace on Stud.com but we have added some secret sauces that’s going to blow the doors off of the industry and open us up to the world.

Stud.com was born on July 1 via a Twitter post and for the last 100 days or so we have been working night and day to bring Stud.com online.

The domain marketplace is about 1/3 of what stud.com is going to be about.

In the weeks ahead we will unveil version 1.0 of STUD. But we won’t stop there. We have big plans for expansion as we add these new features.

read more (Ricks blog)

 

[Future Sensors]

While it is true there are many domain valuation metrics, many times value is in the eye of the beholder.
For example, I think most people have not expected voice.com to be sold for $30M.
Domains I consider to be 5/6 figures USD may look like 4 figures USD for certain/many individuals.
I understand the need for an exclusive premium marketplace, but if the standards will be ultra high, the overall amount of domains offered for sale will be small and thus the revenue will be little.

Agree. I was surprised that the other end of the spectrum is explicitly invited for this new initiative, domains with a value of $2,500. I still have some questions after reading the blog...

 

[HotKey]

I understand the need for an exclusive premium marketplace, but if the standards will be ultra high, the overall amount of domains offered for sale will be small and thus the revenue will be little.

Maybe that's the point.. something along the lines of "your only as respected as the worst domain you have".

 

[Bob Hawkes]

I am not sure if someone already posted this, but I went through Rick's blog posts with respect to the site, and the commission rate will be 10%?

There will be a subscription fee, and domains will be approved and only accepted as noted above if $2500+ valuation, but I could not find an indication of that fee.

-Bob

 

[Kingslayer]

I am not sure if someone already posted this, but I went through Rick's blog posts with respect to the site, and the commission rate will be 10%?

At 10% Stud would be undercutting many brokers, but it all depends on how much the subscription fee is, many brokers only deal with ultra-premiums and only charge upon a successful sale, so I would think for a subscription fee Stud will be offering clients extras (maybe even something totally new?) than what other platforms/brokers do.

Stud allowing domains over $2500 on their platform, they would appeal to people who may be turned down by brokers, but how do they judge the value of a domain name? I know Rick doesn't believe in automated valuations such as Estibot (neither do i), but i would like to know Studs method for judging a domains value.

As said in previous replies, I would like to know who else is involved in this project. I know the site is based in Ireland, so I’m guessing there's other partners involved. Is Rick going to be involved in negotiations for other people’s domains directly? I know Rick is a legend in domains, but I believe Rick once said he’s never done any outbounding EVER and the ability to outbound is probably the main skill of a domain broker.

I’m seeing a lot of hype about the project from Rick right now and rightfully so, anyone is excited about a new business venture, but trying to hype something and telling people little about it, it’s hard for me (as a potential client) to share the same excitement right now, but I’m sure there’s a reason for this and all will be revealed in time.

 

[NickB]

As said in previous replies, I would like to know who else is involved in this project. I know the site is based in Ireland, so I’m guessing there's other partners involved. Is Rick going to be involved in negotiations for other people’s domains directly? I know Rick is a legend in domains, but I believe Rick once said he’s never done any outbounding EVER and the ability to outbound is probably the main skill of a domain broker.

The republic of Ireland is very well known for it's generous corporate tax rates.......and for horse trainers....

 

[Bob Hawkes]

It would be interesting to know what the other brokers think of the impending launch, whether they view it as competition.

Or will the main competition be places like HD, BD, DM, etc. I think it well could be. A smaller pool of names than the all purpose marketplaces.

Apparently he spent 4.5 hours giving people valuations of the worth of their domain names on CH last week. I don't know much of details other than one name he felt was way higher worth than it was listed for, and is now changed. Others expressed gratitude for his valuations. I think he is confident he can just look at a name and give a valuation. Whether that can scale to a whole marketplace will be the challenge.

I am a bit surprised he did not launch with a very limited system, maybe even by invitation. I agree that keeping the level of names strong is critical to the success of a platform that wants to bring in higher prices for names. It is hard when anyone can submit names for consideration. Of course, if the subscription fee is hefty, that will change that a lot.

Bob

 

[RogueWriter]

I love that he is creating a market like that, but I dislike the domain he chose so much. I understand he is trying to create a brand, but I do not think this was a good choice. “We breed domains” is a reach, it feels like you are trying to make the domain relevant to domaining.

Not trying to throw shade, I fully recognize that my domains will never attract the type of buyer that he sells to daily, that he has the experience and bank to make this successful; I just don’t like the brand he chose to develop.

This is probably the equivalent of telling Google they chose a stupid name, back in the day lol.

Regardless, good luck with the venture, hopefully this will be a landmark event that raises pricing throughout the industry, over time.

 

[namezest]

@Lox Good Luck My Friend!!

 

[Name Trader]

domains will be approved and only accepted as noted above if $2500+ valuation,
-Bob

What I'd like to know is who is doing the valuation, the seller, stud.com, or some other organization. Seeing as he's wanting to raise selling prices by, what was it, 50 times, what is the criteria for the acceptance of domains.

 

[Future Sensors]

@Lox Good Luck My Friend!!

It's not an initiative of Lox, but I can imagine that you think he wrote the article. It happens often. Maybe it's a formatting thing, or the way it is presented.

 

[Name Trader]

I love that he is creating a market like that, but I dislike the domain he chose so much. I understand he is trying to create a brand, but I do not think this was a good choice. “We breed domains” is a reach, it feels like you are trying to make the domain relevant to domaining.

I kind of thought the choice of domain was odd also. Using an adult name to sell domains. But that probably is not the only difference between me and the domain king

 

[Mkt Sales Leads]

NoLowballers.com is expiring today. Perhaps that would be a more accurate name for his new project? Seems like the project is only for domainers who are wealthy already, have ultra premiums, and can sit for years or decades on a domain and not accept anything less than a shoot-the-moon price for their domain/s... doesn't look like a platform for most of us, IMO.

AntiLowball.com NoLowballing.com are available. Maybe Rick grabs these and redirects to Stud

 

[satsdifference.com]

I'm glad handreggers could be respected more since 1999 i've regged lotsa crap (some of us are not advertising our best ones) with the open-minded idea to land that one diamond in the rough *click to reg*

one of em for me of recent is US10Y.com

..looking forward to stud.com !

 

[platey]

some of the best sales professionals pefer commission only no upfront fees by the seller

a sales professionals commission should be deducted from sold price

 

[Future Sensors]

It's gone:

 

[Mkt Sales Leads]

AntiLowball.com NoLowballing.com are available. Maybe Rick grabs these and redirects to Stud

Haha, it looks like NoLowballing is taken and redirecting to a Gd page.

 

[Mkt Sales Leads]

It's gone:

Show attachment 235178

So the project was quietly shelved then.

 

[fullstackdev42]

So the project was quietly shelved then.

Actually I got involved last year and tried to rescue STUD. Unfortunately they had unreliable and unskilled devs that were showing them window dressing as a "platform" coming together.

I think Rick thinks I was involved from day 1, I couldn't get a word in when I went to him, with his partner.

I took my real code and his partner and we're pivoting to directdiary.com (Work in progress).

STUD is certainly shelved, DirectDiary.com is coming quick.

 

[Grilled]

Actually I got involved last year and tried to rescue STUD. Unfortunately they had unreliable and unskilled devs that were showing them window dressing as a "platform" coming together.

I think Rick thinks I was involved from day 1, I couldn't get a word in when I went to him, with his partner.

I took my real code and his partner and we're pivoting to directdiary.com (Work in progress).

STUD is certainly shelved, DirectDiary.com is coming quick.

I hope you guys choose a more applicable domain name than DirectDiary.com if the intent is to sell domain names.

 

[fullstackdev42]

I hope you guys choose a more applicable domain name than DirectDiary.com if the intent is to sell domain names.

Perhaps, but it sure beats STUD.com.