1 year ago
96
YOUR AD HERE
Future Sensors
78% of human domainers will be replaced by robotsTop Member
That's a perfect domain name for this.
Wish them the best of luck in further expanding their reach in the domain aftermarket.
When they add boost, will it be called Afterburner? (since Afternic missed the opportunity)
Future Sensors
78% of human domainers will be replaced by robotsTop Member
Here's the full text. The value proposition looks pretty interesting.
Coming Soon: A New Aftermarket.com
We are excited to announce some major developments here at Aftermarket.com. We have acquired Domain.io, the advanced portfolio management system that will serve as the foundation for our new platform. This strategic move marks the beginning of our journey to become a leading force in the domain industry. Our mission is clear: to be the premier platform for buying and selling domains. We're committed to offering fair commissions and continuously adding value through innovative technology. We will be launching our full platform and domain marketplace this fall, with our registrar syndication network following shortly after.
Marketplace & Platform Features
As we prepare for the full platform launch, here's a preview of what's in store:
- Premier Marketplace: A user-friendly domain marketplace featuring direct payment options and seamless domain transaction handling.
- Flexible Commission: An industry first for a marketplace, allowing you to split, pay, or pass commission fees to the buyer. Our un-brokered commission rate is just 10%, offering a competitive alternative to rising commission fees.
- Direct Lead Handling: Respond to offers directly or automatically assign them to a broker with complete transparency.
- Portfolio Management: All of the advanced tools from Domain.io, including bulk DNS management, cross-marketplace verification, DNS/SSL/Whois monitoring, expiration tracking, and more.
- Customizable Landers: High performance SSL landing pages with flexible checkout options.
- No Subscription Fees: Aftermarket.com will be free to use, offering industry-leading features without recurring costs.
Proven Industry Leadership
We're proud to introduce the new leadership team that will be driving Aftermarket.com forward:
- Frank Pavilonis, CEO: With over a decade in the domain business, Frank has played key roles at some of the industry's top companies, driving success wherever he goes. His deep understanding of the market and forward-looking vision are central to Aftermarket.com's mission to become the leading platform in the industry.
- Aaron Oxborrow, CTO: As the founder of Domain.io, Aaron brings unparalleled technical expertise to Aftermarket.com. His innovative approach to portfolio management and passion for domains will be instrumental in shaping the new Aftermarket.com.
What This Means for Domain.io Users
Domain.io will transition completely to Aftermarket.com. We're committed to ensuring a seamless migration for all users. Here's what you need to know:
- Domain.io is now free and will no longer collect subscription payments.
- Annual plan subscribers will receive prorated refunds.
- User accounts and domains will automatically migrate to the new Aftermarket.com platform at launch.
- Seller portfolio pages will redirect to Aftermarket.com URLs after the migration.
- We'll continue to support ns1.domain.io / ns2.domain.io nameservers for at least one year.
- All existing Domain.io users will get early access to the new Aftermarket.com.
Looking Ahead
We’re excited about our future and can’t wait to share the innovative features we’ve been working on. We invite you to stay connected with us throughout this transition:
- Follow us on Twitter/X and LinkedIn for continued updates.
- Questions? Reach out anytime at support [at] aftermarket.com.
We welcome your thoughts and feedback as we develop and refine our new platform.
Best regards, The Aftermarket.com Team
Last edited: Monday at 1:25 PM
Interesting!
With this acquisition, Domain.io users will be paying a commission on their sales?
Edited out the rest of this post.
Last edited: Monday at 8:37 PM
Future Sensors
78% of human domainers will be replaced by robotsTop Member
With this acquisition, Domain.io users will be paying a commission on their sales.
If you consider both the Buyer and the Seller to be 'users', certainly. Note this, however:
Flexible Commission: An industry first for a marketplace, allowing you to split, pay, or pass commission fees to the buyer. Our un-brokered commission rate is just 10%, offering a competitive alternative to rising commission fees.
Last edited: Monday at 5:45 PM
Future Sensors
78% of human domainers will be replaced by robotsTop Member
Afternic vs. Aftermarket.
I've lost track already.
Can anyone name the main differences?
Flexible Commission: An industry first for a marketplace, allowing you to split, pay, or pass commission fees to the buyer. Our un-brokered commission rate is just 10%, offering a competitive alternative to rising commission fees.
Yep. For a $10k sale, that's $1k in commission. For a $100k sale, that's $10k in commission.
It doesn't matter much who pays it because that's $10k going to the marketplace instead of going to you as the seller.
That money could go to the seller.
Future Sensors
78% of human domainers will be replaced by robotsTop Member
Yep. For a $10k sale, that's $1k in commission. For a $100k sale, that's $10k in commission.
It doesn't matter much who pays it because that's $10k going to the marketplace instead of going to you as the seller.
That money could go to the seller.
I understand how you feel about this. Take Swetha, who now routinely sells their high priced domains either via direct BIN, or arranges external Escrow where the buyer bears the commission costs completely. If the buyer really wants the domain, and the extra costs are not a problem, this can result in more money for the Seller in these cases.
Last edited: Monday at 5:59 PM
Last edited: Monday at 6:09 PM
If the buyer really wants the domain, and the extra costs are not a problem, this can result in more money for the Seller in these cases.
This assumes that the seller has not already factored in the commission of the platform into their asking price on that platform, right?
For example, let's say you want $100k net for your domain, so you list it for $125k on Afternic:
- $25k goes to Afternic.
- $100k goes to you.
That extra $25k can make or break a deal due to budgetary constraints. This increases the cost for the buyer, decreases the chance of buyers being able to afford it, and results in the same money for the seller.
It will have a negative impact on STR. Profit unchanged.
Interesting!
With this acquisition, Domain.io users will be paying a commission on their sales.
If you're tired of this happening and having to switch providers, just use
our landers.
We've got you covered with $0 fees and 0% commission.
People should be running to this opportunity with Godaddy raising commission prices. I don't know how long you can keep this service free but I am thinking about parking all my domains here.
sadly it takes many years to bring traffic to a market. with zero guarantee of success in the end.
I don't know how long you can keep this service free but I am thinking about parking all my domains here.
Future Sensors
78% of human domainers will be replaced by robotsTop Member
so you list it for $125k on Afternic
This seems like a particularly bad idea to me.
In that example, Afternic is indeed taking a huge amount of commission, especially with the recent +5% increase.
Future Sensors
78% of human domainers will be replaced by robotsTop Member
Just independent of the trip Bravo and I just made.... suppose the 10% commission at Aftermarket.com is shared equally between Seller and Buyer, then 5% for each party is an excellent outcome. I believe this will work, and wish the marketplace every success.
Last edited: Monday at 6:43 PM
Interesting!
With this acquisition, Domain.io users will be paying a commission on their sales.
If you're tired of this happening and having to switch providers, just use
our landers.
We've got you covered with $0 fees and 0% commission.
a. you can respond to buyer directly or use any of the existing buttons on domain.io, just free
b. very cool to see the mods shilling their own product as 4th reply in this thread
a. you can respond to buyer directly or use any of the existing buttons on domain.io, just free
We replied with the sentiment that others had sent to us privately.
It’s better to have it discussed publicly to provide an opportunity for clarification. Otherwise, the sentiment propagates without a chance to address it.
Please share how the free option will work.
We support you!
b. very cool to see the mods shilling their own product as 4th reply in this thread
We've removed that part from our reply. We got carried away after some people told us about their frustration with the sale.
Sorry about that.
Last edited: Monday at 8:43 PM
dirk
Private InvestorTop Member
I was enthusiastic as I was already moving some to domain.io. lots of SSL issues lately so I dunno.
New website seems to be beta tested live. Again, I dunno.
Dan set the bar, from what I can judge so far they are waaaaaaaaay behind.
Last edited: A moment ago
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