Undeveloped.com Experience

[JudgeMind]

Has anyone used undeveloped.com to sell domains? They claim to be able to increase a domainers sales by 54%.

 

[SellDomains.site]

There is no option of USD payment , Only VAT , confusing

 

[DAN.COM]

Good to hear...thanks for the response and please let us know when it is active/available.

It's live . We put on a toll free number for now. Soon we'll add localized numbers based on your IP for a broad range of countries. For example, a German buyer will see a German number while a US buyer will see the toll free number.

 

[DAN.COM]

A landing page for 15% doesn't make any sense to me? What am I missing?

Even though we're pretty confident that there's not for sales page out there that converts as good as ours, we offer more than a landing page of course.

Most value added auction platforms or marketplaces charge 25%-30% commission. Platforms like Uniregistry and Sedo make most of their money actually from PPC rather than commissions. So in the end when you're selling with them and have both PPC parking + a for sale link enabled you're in the end paying more since you're sharing revenue with them on two fronts. Both companies don't focus like us on selling your names only which results in lower number of sales in the end.

At Undeveloped we simply focus on identifying literally every single barrier for an interested buyer to initiate a conversation or transaction with you and make sure we lift those.

For example a lot of buyers we interviewed after a bounced sale told us they still are interested in the domain but they simply can't afford it. We immediately started the development of adding a payment plan option on our for sales page to get those buyers converted. Today, the number of sales initiated via installments at Undeveloped is growing very fast because of that.

We charge 15%, simply because we offer the most polished and value-added service you can get. Also note that we're a full-service provider that takes care of everything involved in buying or selling a name from A to Z, including escrow. We have an entire product team working every single day on implementing improvements that will result in providing you and your buyers with a better user experience.

Besides that, every single penny we generate in revenue we invest in further innovation subjects on the auction front but also other subjects like financing. We've already started offering domain renting for example in partnership with Radix, in the future we'll roll that out to all sellers.

Above I'm just touching a small aray of things we do with the commission we collect from you to keep improving our marketplace and making sure you sell more domains.

The only way for you to truly find out how well Undeveloped performs is to sign-up, park 50% of your domains randomly with us and benchmark the differences. I don't recall any seller we boarded that did the above to ever leave Undeveloped.

One final note, always reach out to me personally or us if you're in doubt if you're using our platform accordingly. We can always help identifying better pricing strategies or for sales lander setups. Don't forget we have a strong dependency on you actually selling domains. If you don't sell, we don't generate revenue. So we're very keen to help every single seller on our platform to become more successful.

Take care,
Reza

 

[DAN.COM]

There is no option of USD payment , Only VAT , confusing

You can definitely change the currency. Simply head to Settings > Account Settings > Portfolio > Currency and select your currency of choice.

 

[Brand Consultants]

Even though we're pretty confident that there's not for sales page out there that converts as good as ours, we offer more than a landing page of course.

Most value added auction platforms or marketplaces charge 25%-30% commission. Platforms like Uniregistry and Sedo make most of their money actually from PPC rather than commissions. So in the end when you're selling with them and have both PPC parking + a for sale link enabled you're in the end paying more since you're sharing revenue with them on two fronts. Both companies don't focus like us on selling your names only which results in lower number of sales in the end.

At Undeveloped we simply focus on identifying literally every single barrier for an interested buyer to initiate a conversation or transaction with you and make sure we lift those.

For example a lot of buyers we interviewed after a bounced sale told us they still are interested in the domain but they simply can't afford it. We immediately started the development of adding a payment plan option on our for sales page to get those buyers converted. Today, the number of sales initiated via installments at Undeveloped is growing very fast because of that.

We charge 15%, simply because we offer the most polished and value-added service you can get. Also note that we're a full-service provider that takes care of everything involved in buying or selling a name from A to Z, including escrow. We have an entire product team working every single day on implementing improvements that will result in providing you and your buyers with a better user experience.

Besides that, every single penny we generate in revenue we invest in further innovation subjects on the auction front but also other subjects like financing. We've already started offering domain renting for example in partnership with Radix, in the future we'll roll that out to all sellers.

Above I'm just touching a small aray of things we do with the commission we collect from you to keep improving our marketplace and making sure you sell more domains.

The only way for you to truly find out how well Undeveloped performs is to sign-up, park 50% of your domains randomly with us and benchmark the differences. I don't recall any seller we boarded that did the above to ever leave Undeveloped.

One final note, always reach out to me personally or us if you're in doubt if you're using our platform accordingly. We can always help identifying better pricing strategies or for sales lander setups. Don't forget we have a strong dependency on you actually selling domains. If you don't sell, we don't generate revenue. So we're very keen to help every single seller on our platform to become more successful.

Take care,
Reza

I think Flippa is 15%, GoDaddy 10%, Sedo 10%, Uni Landing is free when you handle the sale...

 

[Brand Consultants]

I think Flippa is 15%, GoDaddy 10%, Sedo 10%, Uni Landing is free when you handle the sale...

Obviously the value with GoDaddy, Atfernic, Sedo, is that you have thousands of buyers going to their platform every day to buy/sell/register/host/ etc etc... it's then worth the 15%.

 

[DAN.COM]

I think Flippa is 15%, GoDaddy 10%, Sedo 10%, Uni Landing is free when you handle the sale...

I might be wrong but the standard commission at Godaddy/Afternic that I'm aware of is 20%, Sedo 15% or 20% when added to MLS and Uniregistry indeed offers free when you only use their very standard "make offer" form. You still end up paying a commission at the escrow provider in that case.

Like i said, I do think you'll get more value with us which justifies the commission. In the end even if you sell 1 or 2 domains more a month with us you'd still generate more net-revenue even if you'd paid less commission somewhere else.

 

[DAN.COM]

Obviously the value with GoDaddy, Atfernic, Sedo, is that you have thousands of buyers going to their platform every day to buy/sell/register/host/ etc etc... it's then worth the 15%.

In that case you're even better of parking with us since there's no exclusivity in place. List your domains on every single marketplace you can find. If they sell your names via distribution, perfect. But park them with us to drive direct traffic sales.

 

[Mister Funsky]

It's live . We put on a toll free number for now. Soon we'll add localized numbers based on your IP for a broad range of countries. For example, a German buyer will see a German number while a US buyer will see the toll free number.

Thanks for letting me know...I think it will be helpful to us all to have additional numbers.

 

[campout]

I am giving Undeveloped a try with some of my names. So far it's intuitive to use and simple in a good way.

Two of the names I tried to list were "already listed" and the system told me to reach out to them to clear this up. I sent an e-mail to their support and haven't heard back 18 hours later.

I think the language illustrated in this screen-cap could introduce doubt into a buyer's mind. The name is available to Buy Now, but elsewhere on the same page it says it "may" be for sale.

One last thing: the system seems to be slow, at best, to recognize once your uploaded names are using their nameservers. I uploaded my names first and then changed my nameservers. When I go into my settings, the system will not allow me to implement payment plans, because it says that at least 50% of my names must be using Undeveloped nameservers in order to implement payment plans. Well, 100% of my names in Undeveloped are using their nameservers and have been for the past 18 hours. It's unclear if the system will ever recognize that or if it's something you have to engage support to have them manually recognize it.

 

[creataweb]

I am giving Undeveloped a try with some of my names. So far it's intuitive to use and simple in a good way.

Two of the names I tried to list were "already listed" and the system told me to reach out to them to clear this up. I sent an e-mail to their support and haven't heard back 18 hours later.

I think the language illustrated in this screen-cap could introduce doubt into a buyer's mind. The name is available to Buy Now, but elsewhere on the same page it says it "may" be for sale.

Show attachment 58939

One last thing: the system seems to be slow, at best, to recognize once your uploaded names are using their nameservers. I uploaded my names first and then changed my nameservers. When I go into my settings, the system will not allow me to implement payment plans, because it says that at least 50% of my names must be using Undeveloped nameservers in order to implement payment plans. Well, 100% of my names in Undeveloped are using their nameservers and have been for the past 18 hours. It's unclear if the system will ever recognize that or if it's something you have to engage support to have them manually recognize it.

It might take 24+ hours to show as parked. Same happened with me but if it doesn't their support was pretty fast to check everything for me.

 

[Embrand]

I think the language illustrated in this screen-cap could introduce doubt into a buyer's mind. The name is available to Buy Now, but elsewhere on the same page it says it "may" be for sale.

Yes, that is very strange and unfortunate that they changed the wording from "for sale" to "maybe for sale". On a positive note, it now says "listed by (seller name)" instead of the confusing "sold by".

 

[Mister Funsky]

it says that at least 50% of my names must be using Undeveloped nameservers in order to implement payment plans

Thanks for sharing your experiences.

I quoted this part of what you said as this is the reason I have not moved forward with using their service. It is good they have added more phone numbers but this 50% rule is going to make me take most of my domains away from being 'available' on their site so that I can list a few for sale with payment options.

As a result only my lesser quality domains will be listed with them as is still better for me to leave my names parked with epik until/unless they eliminate the 50% rule.

 

[Lox]

eliminate the 50% rule

Do I have to change the nameservers to Undeveloped?

It is not required to change the nameservers to Undeveloped. Redirecting the nameservers, however, increases the chance of selling your domains because everyone who visits your domain name organically, sees that the domain name is for sale. And the interested party can make inquiries into the domain name instantly.

50% rule = offer in installments (If I remember well)

seller guide

 

[Mister Funsky]

Do I have to change the nameservers to Undeveloped?

Maybe I am misunderstanding the rules...way too mentally drained today but will take another look...as I understand it half of the names (or more) you have listed on their site have to be parked with them before you can offer the installment payment option. In a day or so I will have to revisit their site with a more rested brain than I am working with now!

 

[creataweb]

Maybe I am misunderstanding the rules...way too mentally drained today but will take another look...as I understand it half of the names (or more) you have listed on their site have to be parked with them before you can offer the installment payment option. In a day or so I will have to revisit their site with a more rested brain than I am working with now!

50% or more parked = payment plan option = true

 

[Mister Funsky]

50% or more parked = payment plan option = true

Thank you.

 

[DAN.COM]

I am giving Undeveloped a try with some of my names. So far it's intuitive to use and simple in a good way.

Two of the names I tried to list were "already listed" and the system told me to reach out to them to clear this up. I sent an e-mail to their support and haven't heard back 18 hours later.

I think the language illustrated in this screen-cap could introduce doubt into a buyer's mind. The name is available to Buy Now, but elsewhere on the same page it says it "may" be for sale.

Show attachment 58939

One last thing: the system seems to be slow, at best, to recognize once your uploaded names are using their nameservers. I uploaded my names first and then changed my nameservers. When I go into my settings, the system will not allow me to implement payment plans, because it says that at least 50% of my names must be using Undeveloped nameservers in order to implement payment plans. Well, 100% of my names in Undeveloped are using their nameservers and have been for the past 18 hours. It's unclear if the system will ever recognize that or if it's something you have to engage support to have them manually recognize it.

Hi Nat,

Thanks for the elaborate feedback! Your names will be added to your account. In weekends we respond usually better to urgent request or to support requests from buyers.

It's quite funny you raise the copy issue, we changed that literally on Friday due to popular demand from sellers. I agree the copy isn't optimal now for buy-now listings and we've already planned to make the copy smarter. For example when you have a buy-now set we'll still show "This domain is for sale".

Since we have millions of domains on our marketplace we run the parking counter once a day. Hence the delay. Eventually, it'll automatically pick up which names are using our nameservers within 24 hours.

Take care,

Reza

 

[campout]

Your names will be added to your account.

Great.

we've already planned to make the copy smarter. For example when you have a buy-now set we'll still show "This domain is for sale".

Sounds good to me. I can't really fathom why anyone would object to the language "This domain is for sale" unless they think it shows weakness on their part, like: Please, please buy me domain?

Eventually, it'll automatically pick up which names are using our nameservers within 24 hours.

Yup it already did. It took about 24 hours, so I'm all good with that now.

 

[Isac]

My all domains are listed there, their landing page is awesome . Even i have changed the nameservers to Undeveloped. That shows me which are my most viewed domains and how much traffic i am getting on those domains. Even it gives better chance to sell domain. We can add seller note as well. And the best thing we can see all over domain listed by a seller.
.
What i didn't liked changing of the wording from "for sale" to "maybe for sale". But at the same time it now says "listed by (seller name)" instead of the confusing "sold by".