Dominion.Domains

Undeveloped vs Sedo vs your choice.

Located in Domain Marketplace Reviews started by Tshombe, Feb 10, 2018.

Replies:
55
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3,884

?

Number 1 Choice for sales/offers/inquiries.

  1. Sedo

    15 vote(s)
    16.3%
  2. Undeveloped

    21 vote(s)
    22.8%
  3. Uniregistry

    6 vote(s)
    6.5%
  4. Godaddy

    4 vote(s)
    4.3%
  5. Afternic

    14 vote(s)
    15.2%
  6. Own landing page

    16 vote(s)
    17.4%
  7. Other

    16 vote(s)
    17.4%
  1. Tshombe

    Tshombe Established Member

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    I love Undeveloped for it's simplistic and easy to navigate sales pages but I get a feeling that I may never get any offers from there, so I have set most of my nameservers to Sedo. So which is your marketplace of choice?Where do you get most of your offers/inquiries from?
    p.s. Feel free to include any other method not mentioned.
    Cheers.
     
    The views expressed on this page by users and staff are their own, not those of NamePros.
  2. wot

    wot Top Member VIP ★★★★★★★★★★

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    Recently moved a few to Undeveloped but have the same feeling that it may not be a good move, sold quite a lot via Sedo over the years.

    The last year or two have been the worst I have had in my many years in the business,obviously not so many buyers around, maybe my names are no longer what buyers are looking for.
    Anything worth a try so maybe Undeveloped will surpass my expectations.
     
  3. Haykay2005

    Haykay2005 Active Member VIP

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  4. Tshombe

    Tshombe Established Member

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    Yes, undeveloped has very presentable pages. And I like the installment option they have for more expensive domains. I'm just not sure about the exposure. I guess we'll just have to wait and see.
     
  5. Tshombe

    Tshombe Established Member

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    @Haykay2005 what are your pros and cons for Undeveloped? Why do you prefer it?
     
  6. Haroon Basha

    Haroon Basha IZUQ.COM Gold Account VIP

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    Why do you prefer Undeveloped to others? Please substantiate your preference. Thank you.
     
  7. Rajnish Prasad

    Rajnish Prasad Established Member

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    Sedo is good but they need to cut down on the Marketplace Listing Price..its way too much..:xf.cool::wtf:

    Flippa i would consider "THE BEST" .
     
    Last edited: Feb 10, 2018
  8. Tshombe

    Tshombe Established Member

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    I didn't include Flippa in this list because you have to pay to list domains there. As far as I'm concerned listing domains in Sedo is free unless you want some upgrades or promotions from them. Correct me if I'm wrong...
     
  9. Haykay2005

    Haykay2005 Active Member VIP

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    Professional landing page, fastest escrow service and immediate payout.
     
  10. Tshombe

    Tshombe Established Member

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    I do agree with you on the pro landing page at Undeveloped. Never made a sale there so I can't comment on the rest. Any information on their exposure level? I know at Afternic you get 25 million and 75 million exposure monthly(their figures) for the Standard and Premium Networks respectively. While of course Sedo and Godaddy are widely known.
     
  11. nohbdyduzitbett

    nohbdyduzitbett Established Member ★★★★★★★★★★

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    I've heard great things about Undeveloped, and I moved my entire portfolio there a couple of months ago. Many of my domains are single words in the new extensions like get.delivery. However, since I've been with Undeveloped, I've only gotten one sale, and three canceled sales. I have tried both BIN and "make offer" with no success. I have sold numerous domains through SEDO over the years. So am I doing something wrong at Undeveloped, or should I just go back to parking at Sedo? Sedo's landing pages are hideous to me, but if they generate sales, I guess it shouldn't matter. Undeveloped's landers are beautiful, but next to no sales.
     
  12. Premiums

    Premiums nP auctions: MEN.place Superb.Website VIP

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    "Undeveloped" - sounds unprofessional
     
  13. MetBob

    MetBob Active Member VIP

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    I have recently listed about 15% on Afternic, and for a bit longer have about 35% of my portfolio on Undeveloped. For a longer time had Efty landing/market for the majority of my domains. I have listed a variable number of my domains on Namecheap Marketplace, and I do have all of my domains on a personal website, and most in a catalog there. So far all of my sales (19 low value ones) have been on Namecheap Marketplace, either directly or after making communication via my website. Here are my thoughts on each of the options I have tried (I have not used Sedo or Flippa):

    (a) I like Namecheap Marketplace for how simple it is to list domains there, and how fast and automatic the purchase and transfer is. Namecheap handle everything, I just get an email, and the funds are released 5 business days later (you can only take out into PayPal after you have $100, but can put any amount into your account to purchase new domains). The commission is a straight 10% (the price per domain must be between $5 and $1000). For purchasers, they like the automatic and fast transfer, and security that they are dealing with Namecheap not the domain owner directly for payment and transfer. Also, a big advantage when you purchase on the Namecheap Marketplace is that the new owner does not need to add an extra year of registration. As many of my domains are registered already for multiple years, this is a big advantage. For those buying a domain to set up a first website, the excellent hosting at reasonable prices that Namecheap make it easy for purchasers to buy your domain and be up and running quickly. I think we underestimate how important this is to new end users. All that being said, the Namecheap Marketplace has a $1000 limit, and I have found it is not good for even low $$$ sales. And of course the huge disadvantage is that unless you promote and link to them from a personal website exposure is paltry. You can easily make a single link that will always be updated with what you have currently listed - e.g. mine is here. You can only list domains registered with Namecheap.

    (b) Efty is great for handling your portfolio, and the way you add domain and they automatically fill in the details of your registration, and how you can keep track of everything is brilliant. Also the fact you pay no commissions is great. The PayPal integration is smooth. But when you have a sale, it is not like the others with a third party handling it. So far I have not managed to get a legitimate offer via Efty. I like the choice of themes, and their landers are fast compared to Undeveloped. I like somewhat the text plus multiple bullet points approach, but find it too restricted on length of text (and once you implement BIN with Paypal link the bullets no longer show). You can add logo to make the market look more attractive, although the resolution is limited. Again, the issue is that people won't find your domain except by a search on the exact name or anything you do with links from your own website. If you have not tried Efty you should, and they have a 30 day free trial period.

    (c) Undeveloped I love the fact that they give the purchaser assurance by handling transactions (claim no problems for years on a transaction), and I find their landing pages elegant (prefer them to Efty). From North America their landing pages are slow to launch though (they apparently are working on it, and they maybe are a little better). I really like their simple commission structure that is reasonable and without a minimum amount. I think they are getting more traffic than they used to, and if you look at Namebio 2018 high value sales so far they are pretty solidly represented. I hope they will become the goto place for potential purchasers to look for domains, as I think they treat domainers really well. Since you don't pay until your domain sells, why not try out Undeveloped for yourself if you have not already?

    (d) Afternic So they claim 25 million or 75 million audience according to whether your domain name qualifies for the premium network (to get it need both be registered with one of the supported registrars like Namesilo or GoDaddy) AND it be an extension they support (.com .net .info .org .biz .pw and a few others but no new gTLDs) and the price be BIN and within the range. Their commissions are a bit higher (20%), and have a $15 minimum. I have not had a sale so can't comment on how smoothly payout is. They seem to have a bizarre approval process - I never handle poor taste, adult themed, drug, or get rich quick type domains, or obvious trademark issues, yet still of the ones I listed about 90% get approved instantly, but other 10% often sit for a week under review. I have given up and listed elsewhere so not sure if they would eventually get approved. I tried parking a few with them and hated how they look - even though they have a BIN price, all the person clicking sees is to phone Afternic and they will give them the price, and they don't see any of the description of the domain name I left. So now I no longer have any parked with them. You don't pay with Afternic until it sells, so why not try some of your names? They have about 13 million names listed with them.

    (e) Your Own Website I have recently started going back to pointing my domains at my personal website (NamesThat.win), and from there I have a list that has links to where the domain name is for sale. That way I can control how the domains appear, and also highlight other domain names in the similar category (in some I make the link when clicked go to a list of all my names alphabetically while with others I link to a catalog category - e.g. if you click on www.nanodevice.co you can see how this works - you go to a catalog page with all of my nanoscience related names). I am planning to move to this for all of my names, I think. Doing this is a bit more work, but it gives me the best overall exposure of domains I think.

    Best wishes for domain success!

    Bob
     
  14. Furquah

    Furquah The Captain

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    Adding this,

    Lowest % commission
     
  15. Furquah

    Furquah The Captain

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    What?

    I have only one advice for you (offcourse it's Free 😉)

    Take some rest, enjoy life with your nearest one, give them sometimes & come again with possitive attitude.
     
  16. Arca

    Arca Active Member VIP

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    Similarly to NameCheap, NameSilo also has an in-house registrar marketplace only for the names registered at namesilo. It offers the same features as NameCheap, and also offers many improvements:

    - no $1000 limit (credit card and PayPal purchases have a $5000 limit, and in comparison sedo similarly has a $5000 limit, and Afternic have a lower $2500 limit for PP/CC payments. Above that buyers have to do a wire transfer, but to my knowledge there is no limit i.e. a buyer can buy a name for $50K, but they just have to do a wire transfer - this is similar to Sedo and Afternic), so the marketplace is not limited to $$$ sales
    - lower commission fee at 7.5% when buyer uses PayPal/credit card, 3% when buyer pays with wire transfer
    - instant and automated transfer upon purchase
    - smooth paypal/wire transfer payouts (though you have to wait 7 days before you can trigger the payment to be sent to you)

    On top of that they offer dedicated landing pages with a number of different templates where you can change basic display settings. You can also let buyers pay via a payment plan, so instead of paying say $2496 up front, they can pay as low as $192 over 13 months. This helps make purchases a lot more manageable for buyers, and has helped me close many sales at a higher total price than what the buyer would be able to pay in a one-time payment. The payment plan option is also surprisingly popular for $XXX purchases. They also have a decent system for taking offers and negotiating the price with buyers. You can also save sales templates which makes it more efficient to list new names. Their marketplace was launched in recent years so certain features are still a bit awkward/unintuitive, but they seem to constantly improve and add new features to their marketplace, so things are noticeably getting better all the time, which I find to be very promising (unlike say Sedo and Afternic, where bugs and glitches remain for years after you report them, and new and useful features rarely if ever get added).

    To make a decent amount of end users sales via NameSilo's marketplace you have to use their landing pages in order to capture type-in leads. Just listing your names there without redirecting type-ins to the landing pages for those domains is probably not going to produce any results, as I'm pretty sure it's mostly domainers who browser their marketplace database.

    When it comes to non-type in leads Afternic is the only game in town imo. Their network performs great. Just too bad everything about their website and control panel is full of bugs and errors, it's very cumbersome to manage a larger portfolio there, you get logged out at random times, edits don't get saved, often delayed transfers/payouts, slow/unresponsive customer support, slow/unresponsive transaction assurance. They have a team of brokers, and on the whole I find them to be way better than Uniregistry's broker team. Unfortunately you can't choose which brokers to work with, they are randomly assigned to you each time you get an offer. Most of Afternic's brokers are pretty good, but I do find one of them to perform poorly and be a bit rude, while another is a superstar that does really well with nearly every lead he works. But as you can't chose which broker to work with I find that there is ultimately little added benefit of sending your type-in leads to Afternic landing pages over those of other landing page providers, as you rarely get to work with your preferred broker anyway. Fortunately you don't have to use their landing pages to take advantage of their superb network.

    So in short, I find the best way to sell names is to use Afternic's network for registrar search path leads, while sending type-ins to wherever you think those work the best (i.e. namesilo, undeveloped, efty).
     
  17. Tshombe

    Tshombe Established Member

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    Thanks for such a comprehensive response Bob! Great insights.
     
  18. Tshombe

    Tshombe Established Member

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    Thanks for a great contribution @Arca
     
  19. SpareDomains

    SpareDomains Jay VIP ★★★★★★★★★★

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    Most offers come in direct from the landing page so I don't like to direct those to places that hide who the buyer is and take a commission when my own domains delivered the leads/sales. Too many options out there... your own pages, subscription services that don't hide buyer information to wanna be at a disadvantage and negotiate blind and hand away valuable leads and free commission to another company.

    I'll list my domains at Sedo, Afternic, Uniregistry etc... and am fine with paying a commission when their distribution delivers a lead/sale but I'll never direct my domains to them as over 90% of all of my sales since 2003 have come direct from the sales landers so I keep them in house building my own database of end users, eliminating sales commissions and building recurring affiliate income.
     
  20. Jurgen Wolf

    Jurgen Wolf Top Member VIP

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    Bodis/ParkingCrew forms and that's all.
     
  21. nohbdyduzitbett

    nohbdyduzitbett Established Member ★★★★★★★★★★

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    Do the domains have to be registered at NameSilo in order to use their landing pages?
     
  22. Tshombe

    Tshombe Established Member

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    So far from all this, I gather that I should probably go with my own sale site. Maybe I can find a way to make one like undeveloped's landing pages. Including a payment option directly to me while at the same time simply listing the names in the known marketplaces.
     
  23. Arca

    Arca Active Member VIP

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    Yes. Their marketplace is only for domains registered at NameSilo, just like the in-house marketplaces at registrars like NameCheap and DynaDot.

    A number of NameSilo's marketplace features depend on the domain being registered at NameSilo, such as automated transfer with 100% delivery rate and sales via payment plans.
     
  24. MetBob

    MetBob Active Member VIP

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  25. AvantBellwether

    AvantBellwether Established Member

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    My $0.02 based on the last couple months

    Sedo
    Pro's
    : -Free listing options -Sedo is obviously the largest aftermarket platform with most (verifiable) weekly sales. Cons: Free listing options (without parking) garner next to 0 views (understandable) To get more views you must qualify for their premium network, however they only work withlike two registrars & transferring domains is hard to justify at this point, however I will give it a shot in the future with a couple domains.

    Flippa
    Flippa has good sales volume and I still have domains listed there.. I'm cheap and only spend the minimum
    Pro's
    : The more you pay the more you play.. starting at just $1.00. They have built in sales page function.
    Con's: In my opinion, the featured slot is tough to justify if you're low on liquidity (my situation)

    Undeveloped & I'm going to sound like a paid shill.
    Pro's: Free & aesthetically pleasing sales pages (once parked) -They are actively trying to reduce the barriers between Aftermarket End Users/Buyers & Aftermarket Sellers, offering financing and delivering domains to the new owner within 24 hours. -300% more views/3 offers since joining in early Jan. -Reza and Simon are awesome and accessible, they've given me some great tips and guidance. -Most Importantly: They are open to new/out of the box strategies to generate leads, something I will speak to in a future post.
    Con's: Undeveloped does not have the U.S. market cap. of a platform like Sedo, as they are not based in the U.S.. -No routine auction platform (they have had public auctions, just no auto list platform like GoDaddy)
     

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