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What AFTERMARKET means in the Domains trading ?

Labeled as question in Domain Beginners, started by blue crystal, Jun 8, 2019

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  1. blue crystal

    blue crystal Upgraded Member Blue Account

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    I know what it means, for instance, in cars commerce, but as a novice, I have no idea what "aftermarket" means in relation to domains trading.
     
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  2. Lewstar

    Lewstar Established Member ★★★★★★★★★★

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    Good question. I’m new to the “game,” and l wish l knew. I posted several months ago that l’m an English teacher with a good vocabulary, but a lot of these domaining terms are Greek to me—especially in the “Request Domains” section. I suggested a glossary.

    A very proactive NamePros’ rep replied that NP has a Domaining Dictionary, but it is trying to expand its content. I must admit l forget where the Domaining Dictionary is, as often the term l’d was looking for was not in the dictionary—and l gave up consulting it.
     
  3. Lewstar

    Lewstar Established Member ★★★★★★★★★★

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    Karma in action. I scrolled down and ran across the Domaining Dictionary—and replied to it, mentioning your post.
     
  4. offthehandle

    offthehandle . VIP

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    Short LLL, NNN or CCC or one word Domains of value normally have an original owner/registrant, likely from 1990's. That person might have resold it or it has sold many times to other speculators. The aftermarket is that second sale and beyond.

    Secondary market is most usual though, just like second hand or used cars. Sure, some people "Hand register names" say in a new industry like Drones, Weed, or Crypto. The vast majority never sell, and I have seen 1000's drop this past year, great entertainment to see some of them. A domain is either used as a real website for years and never expires, or a company goes out of business and let's the name expire.

    But in the vast majority if you study this market most all domains are registered many years in speculation of aftermarket resale- parked for traffic or pointed on a secondary after-marketplaces like Afternic, SEDO, Undeveloped, etc. for resale. Hopefully that answers it.
     
  5. Bob Hawkes

    Bob Hawkes Top Member NameTalent VIP Gold Account Trusted Blogger

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    Maybe I am missing some nuance, but to me aftermarket is simply when domains are resold that were previously registered. So I register a domain name, place it on Afternic or Undeveloped for example, and someone buys it then it is an aftermarket sale. When I first registered it thought that was not an aftermarket sale. Sometimes registrars have sites where you can both register a new, standard or premium, domain name and purchase domain names from others, and in that case some of their sales are aftermarket, but not all.
    Bob
     
  6. offthehandle

    offthehandle . VIP

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    I never thought about it in the new gtld's so don't know in the case of non-legacy extensions, perhaps the Registrar is reselling them? So they actually pay the initial ICANN registration fee to "reserve" the names, so actually you are in fact purchasing in the secondary market as they reserved all the dictionary words to mark up at high prices.
     
  7. blue crystal

    blue crystal Upgraded Member Blue Account

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    Thank you, everyone !
     

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