advice What is one thing that is lacking in the domain sales industry in 2019?

[Croc]

I am a full-time software developer and UI/UX designer with many ideas and a passion for domain names in general. When not at the day job, I need a project to pursue such as a domain name marketplace platform. However, is it too late to truly "innovate" in the domaining industry? What are some ways that the domain name industry could be re-born? I am always up for a challenge.

 

[Name Trader]

It's never too late to innovate. There are new innovations happening all the time.

 

[barman]

park.io is a great example of innovation. no one was really catching the lesser known tlds so Mike Carson built a platform for doing so - in only the past couple of years, no less.

 

[Internet.Domains]

There is a large gap between domain investors and end users. If you can bridge that gap, it would be revolutionary.

Domains are an important and solid product with multiple benefits. Domains are the foundation to companies, organizations and anyone who has a message. Yet, the importance of domains are continually being neglected by end users.

Innovation will triumph with those that legitimize domains to end users.

 

[Bernard Wright]

I've wondered, is there a marketplace where names could be listed not only for purchase, but for brokering? Like an Afternic where I could register as a member, and browse names that might be pertinent to a business a friend or associate is thinking of starting. I could refer my friend to the name/seller and earn a commission when there is purchase. Anything like this out there? Any market for it?

 

[Name Trader]

I've wondered, is there a marketplace where names could be listed not only for purchase, but for brokering? Like an Afternic where I could register as a member, and browse names that might be pertinent to a business a friend or associate is thinking of starting. I could refer my friend to the name/seller and earn a commission when there is purchase. Anything like this out there? Any market for it?

What's to stop the buyer registering as the broker for a domain. And getting the discount?

 

[garptrader]

Yes as Internet.domains mentioned there is a huge gap between end user and domain investor expectations. Businesses will pay $300+ / hour for legal advise or $125 an hour for an IT consultant, spend five figures on a business trip or six figures on an IT project but when it comes to the domain to promote their business for the next decade, they only consider $10 solutions.

 

[Bernard Wright]

What's to stop the buyer registering as the broker for a domain. And getting the discount?

Fair point. Perhaps some sort of check could be put into place. I haven't thought it all through.

It would encourage a bit of the bridging of the gap that I.D mentioned above.

 

[Pierre Barnard]

buyers...

 

[lock]

honesty

 

[Simvola]

Extortionate commission charges need to go.

The claimed marketplaces and "premium domain name sites" are delusional and marketplaces function as if we are in the glory days of domain names. We are not and have not been for a very long time.

Buyers and sellers need to be properly identified and the buyer's payment method must be lodged with the site, so it can be charged automatically when a sale is agreed and all the terms met. Buyers can have any username on screen but their credentials must be known and verified by the site before they are allowed to bid in auctions or engage in a BIN domain sale.

No more anonymous and fake bidding in auctions.

When a buyer's payment is cleared and funds are confirmed as received, the transfer of the domain has to happen smoothly, automatically and without buyer or seller engaging in manual steps, such as unlocking the domain, transferring the domain to a new email address, or confirming with on screen buttons, clicks or any other steps.
This would require domains that have a sale status, to be put into a different state on a registrar's site, so unlocking and transfer can happen automatically, once payment has been confirmed.
No-one should have to wait for the seller to manually do things if funds have been confirmed as received.