NamesCon2020

Will you be signing up for a paid Namebio membership?

Labeled as news in Domain Industry News started by equity78, Jan 7, 2019.

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  1. equity78

    equity78 Top Member TLDInvestors.com TheDomains Staff PRO Gold Account VIP ★★★★★★★★★★

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    Namebio rolled out memberships today, Michael Sumner announced it on the Namebio blog. A lot of new features: Sales Below $100 Search In Bulk Export Your Search Results Saved Searches With Email Notifications There are three paid membership categories Collector $10.00/Month 500 Results Per Search 2,000 Bulk Search Results 5 Saved Searches 10% Off Featured … [Read more...]
     
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  2. vravis9

    vravis9 Top Member VIP

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    I just copied the link and thought of opening a thread because it is everyone quoted source...

    It is just done I think...

    I will be interested in basic plan...

    Interesting new feature sales data of less than $100...that will give some idea...
     
  3. MapleDots

    MapleDots Domain Properties 2002 - 2019 VIP

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    So many subscriptions now.... wow
    My credit card gets hit over 30 times a month with subscriptions already.

    I am much more in favor of a one time membership fee. This way you can evaluate the cost against the value of the service and decide if you want it or not.
     
  4. Brands.International

    Brands.International formerly lolwarrior Gold Account VIP

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    The new feature "sales below $100"

    hm, what this is going to be useful for? :)
     
  5. MapleDots

    MapleDots Domain Properties 2002 - 2019 VIP

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    Ok... you left yourself open to this one......

    New gTLD sales :xf.laugh: :ROFL: :xf.laugh: :ROFL: :xf.laugh: :ROFL:
     
  6. equity78

    equity78 Top Member TLDInvestors.com TheDomains Staff PRO Gold Account VIP ★★★★★★★★★★

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    It will show some of the Emperor's who have no clothes. People who for years love to take shots at others anonymously who might throw out a sale they made, knowing Namebio did not chart sales under $100. Now more fact checking can be done. It will also be a secondary validation when someone like Mike Mann says he acquired a name for $20 on Twitter. Many a time I read someone questioning Mike if that actually happened and asked for proof.
     
  7. JudgeMind

    JudgeMind Bullish on .com PRO VIP Trusted Contest Holder

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    I think it’s great to have the new options available, especially the bulk search. Fees do seem a bit steep, there’s a huge price leap between Domainer and business
     
    Last edited: Jan 7, 2019
  8. Bob Hawkes

    Bob Hawkes formerly MetBob NameTalent Gold Account VIP Trusted Blogger

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    Another take on the inclusion of lower price sales data, but only for subscribers in the upper two levels, that Michael makes is as a way to early on see trends before they get to big bucks. In the blog post he uses a specific example to demonstrate the idea.
     
  9. D Haynes

    D Haynes Top Member VIP

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    I won't be paying for anything. I don't have any paid subscriptions to any domain related services....

    That I can think of...
     
  10. tonyk2000

    tonyk2000 Top Member VIP ★★★★★★★★★★

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    It appears that namebio makes money from advertising. With adblock technologies becoming de-facto standard for surfers, paid subscription (preferably with zero ads) is a natural development. It would be great.
    Should namebio become 100% paid service, it would also benefit all domainers who are selling to endusers (as it would be harder for an average enduser to obtain unnecessary info - how much this or that domainer paid /wholesale/ for domain they are trying to purchase /retail/).
     
    Last edited: Jan 7, 2019
  11. MapleDots

    MapleDots Domain Properties 2002 - 2019 VIP

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    If I'm an end user I will not pay for namebio but to have the service not available to an individual doing research on a purchase would be a shame.

    Remember domainers are only a small part of the market and nambio is useful to the general public as well.
     
  12. Furquah

    Furquah Brand Ambassador INDIA Epik.com Staff VIP

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  13. Brands.International

    Brands.International formerly lolwarrior Gold Account VIP

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    Witty comment :)

    But, imo one should really distinguish what is reported there - for example, in case of new gTLDs, you will see lot of "sales" under $100, where venue will be Dynadot. This is because all of their expired auctions are reported there.

    So what does it mean: when I like some new gTLD name and buy it (for reg fee) at Dynadot expired auction, you will see it reported there. Although you can consider that as "aftermarket sale" it is not really that: it is just that domainer is overtaking name from another domainer, particularly when we speak about names with higher renewal fees.

    There are many more subtle things when it comes to new gTLDs and their reported sales, but I am too lazy to describe them today here. I wrote entire articles about it:

    https://www.namepros.com/threads/re...re-still-comparing-oranges-to-apples.1107878/

    GL with ccTLD sales :)
     
  14. offthehandle

    offthehandle . Gold Account VIP

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    I think namebio should charge money since so many people trust it as gospel. Excellent news if an auditable, high integrity resource.

    They deserve to become a source of accurate real estate comp’s like information. Up until now, I have been a pundit of data integrity and only considered it entertainment news and questioned it all because DNJ reports and disclaims that sales proof are exempted from certain “well known sources”. That or sales that are reported but questionable or even sketchy with parked pages, no nameserver changes, or non paying buyers will be removed.

    So my assumption before publishing private large sales, such sales data to be included will ALL be verified through Escrow or third party verification.

    https://www.namepros.com/threads/ar...s-accurate-or-even-true.1113246/#post-7011526

    Their huge contribution to parsing out all the reams of data on the Shill bidding scandal in 2017 was done for free, and posted was never compensated for by anyone afaik. Kudos to them for offering a paid service, they deserve all of our support. I do hope with some sort of tiered pricing depending on usage volume.
    As I don’t care about $100 sales or Ngtld’s.

    If they charge a fee, I can only assume they will be self auditing for continuous scrutiny of sales that are reported that after they are published from auctions or reported on DNJ then later they fall through, with non paying bidders or buyers those prices are erased. This must mean the sales price integrity will be filtered and screened and fully checked. Great news. One thing would be a field declaring the sale as end user or wholesale. Probably not cost effective, but would be nice. DNW, @GeorgeK and Dotweekly all contribute to corporate sales data which is an important barometer of true sales value. @Grilled contributed a ton of work also in this subject as well back in 2017.

    https://www.namepros.com/threads/another-bidding-on-your-own-names.1050978/#post-6443853

    https://www.namepros.com/threads/th...y-no-to-shady-practices.1055604/#post-6485212
     
    Last edited: Jan 7, 2019
  15. Fancy.domains

    Fancy.domains Selling gTLDs like delicious hotcakes Gold Account VIP

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    I understand that they want to find new ways to monetize their website.

    However, personally I don’t think I will have any use of this service. So I will not sign up for now.
     
  16. BestDomains2828

    BestDomains2828 Restricted (Market)

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    Namebio is a useful tool.
    Subscribing for a service like namebio is not a waste of money and time.
    I found out that businessbuyers.com sold for $25,000 private sale I was able to get businessbuyers.co
    Much luck mates....
     
  17. MasterOfMyDomains

    MasterOfMyDomains Top Member VIP ★★★★★★★★★★

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  18. frank-germany

    frank-germany domainer since 2001 / musician Gold Account VIP

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    no

    I think the internet should stay a "free" space of "like-minded individuals"
    happily sharing the fruits of their programming capability
    and server power
    -they would pay for anyway-
     
    Last edited: Jan 7, 2019
  19. Bob Hawkes

    Bob Hawkes formerly MetBob NameTalent Gold Account VIP Trusted Blogger

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    I'm somewhat torn. I do like especially the larger number of sales reports, the sales under $100 in top two tiers, and the ability to export results. The email notifications might be helpful too.

    That said, it seems to me a bit high the subscription levels, especially for the top two plans that have most of the features.

    I would like to show support for NameBio, but it is a lot of money for the scale of my domain operation.

    Not sure.

    Bob
     
  20. stub

    stub Top Member PRO VIP ★★★★★★★★★★

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    It partly depends on the results per search, and how they are ordered. For $10/month you get 500 search results (which should be enough), For $25/month you get 2500 search results. How to get relevancy for the results? If you need to spend $25/month to get relevant results, which you might not get with 500 search results. When most domainers (I know) cannot afford the $10/month, let alone the Domainer Level of $25/month. Personally, like others, I think the pricing is too high. I definitely would not spend $25/month for Domainer Level.

    Will there still be any free level. Or is it totally subscription now.
     
    Last edited: Jan 10, 2019
  21. lock

    lock PremiumNameDomain.com VIP

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    They can always sponsor me knowing I spend anyway.
     
  22. Michael

    Michael NameBio.com NameBio Staff PRO ICA Member VIP ★★★★★★★★★★

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    Thanks for all the feedback everyone.

    Just out of curiosity, how would a one-time fee help evaluate the cost vs. value? In my view it makes it even more risky for you, because instead of getting to test drive it for $10 or $25 you'd probably have to pay $500 to $750 or more up front.

    Plus it shouldn't be that hard to determine if NameBio data helps your business make an extra $120 in an entire year by having so much data at your fingertips, or by saving you time not having to watch all marketplaces all day every day to be in tune with pricing trends.

    I think the domain industry is too small to offer a one-time fee. That pricing structure is ideal for something like a training course that is largely "build it once", or for an industry that has a very large and constant flow of new entrants. I don't imagine that is something we'd ever be able to offer.

    Spotting trends before they hit the mainstream. Everything that gets big has to start somewhere, and that's usually below $100. Think crypto, 5N, etc. Seeing sales under $100 would let you see those trends forming before everyone else notices. Also just being able to see more data on what people are paying in auctions.

    True, but there is also a huge leap in the benefits. There's a big difference between being able to go 25 pages deep at 100 results per page, and being able to go unlimited pages (thousands) deep. Also there's a big difference between being able to export 10k and 50k search results per month, the latter would let you export all sales $100+ in a little over a year. Since we generally add around 7k new sales a month above $100, with the Domainer tier it would take you something like 18 years to export the entire database.

    Honestly I don't expect anyone except full-time domain investors or brokers to go for the Business tier. But we had to have tier with practically unrestricted access for people who do this for a living instead of a side hustle. The first two tiers are for the individual investors.

    I updated the Collector tier to also be ad-free, and then I also changed the definition of ad-free to remove the featured listings bar at the top per user feedback. So no paying members have ads any more making for a much cleaner interface. This doesn't apply to the blog though, just the main part of the site. I don't expect we'll ever go 100% paid.

    I'm not sure what you mean. The search results are the same regardless of how many you get to see, it's just a question of how many pages deep you get to go. They're all only as relevant as you are good at using the myriad of filters available.

    We didn't change the limits for using the site anonymously without registering, it is still 100 results per search. And if you register for free we bump that to 150. The subscriptions are pure value add, not pay to keep what you already had. So more results per search, bulk searching, saved searches with email notifications, searching sales below $100, discounts on featured listings (which could pay for the membership alone if you use them enough), and no ads. I feel like those perks are worth the cost of admission if you are a power user, but people will obviously let us know with their wallets.

    -

    For those who just flat out said no, is it that you think the price is too high, the benefits don't interest you, or you just don't want any more (or any at all) monthly subscriptions? More specific feedback would be helpful in shaping the future of the tool. Thanks again for taking the time to reply.
     
  23. MapleDots

    MapleDots Domain Properties 2002 - 2019 VIP

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    The 500-750 would for sure be too much for most domainers, but another monthly subscription fee is also a pain. I was thinking more of a smaller one time fee for all the light users of the service.

    You have to be careful though because I can name numerous situations where someone started to charge for services and a competing site ended up on top. Heck you can even look at namepros as being one of those sites.

    As long as there are some free services you will probably do alright but as soon as everything becomes paid some smart guy is going to figure out how to harvest information and toss up a competing site.

    I've seen that happen over and over again so the trick is to hit the sweet spot where you can monetize the site yet not make it advantageous for a competitor to come along and undercut you.

    Personally I see enough sales reporting that I don't visit namebio often enough to warrant paying a subscription fee. I think I may visit the site 3-4 times per year because I follow all the blogs. So for a super light user it would not make sense to pay. People that use your tools every day should but I guess the magic question is how much before the shift away starts.

    I wish namebio lots of luck because it's a great service, I just hope this does not start a shift away to a different service., that would be a shame.
     
  24. karmaco

    karmaco Top Member VIP

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    Too expensive for average domainer. We have enough to pay for just to be in this business.
     
  25. AGAME

    AGAME optimalnames.com Gold Account VIP

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    Sadly, this domain guy can not afford to do so.
     

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