Club Drop Raises Minimum Bid to $60

[Theo]

Enom is capitalizing on its own expired names, many of which are in "extended RGP" for months. Yes, it's the money, stupid.

 

[dotNetKing]

Is it $60+ Reg fee $30 = $90 minimum? That's outrageous! Pool and snapname are $60 with reg fee included right?

Just looking at the effecitve drop catchers, enom have gone from being the cheapest minimum bid to the most expensive minimum bid.

I suspect they will be noticing quite a drop in income, except for the names with high bids.

 

[Validweb]

Hi.
It's not clear if the $60 includes reg fee, I guess it doesn't, because enom would have to change their system.

However at:
http://www.enom.com/auctions/clubdrop.asp
i'm still showing a minimum bid of 30 points, and at
http://www.clubdrop.com/pricing.asp it says "Bidding on each name starts at $30." The new pricing is supposed to start on August 25, its now August 26, so WTF?

Does one still have a window of opportunity to get the last $30 enom drop?

 

[dcristo]

I am seeing a $30 minimum bid for today August 27 as well. Wonder what's up maybe they are delaying their price increase.

 

[acesfull]

I also don't see the increase reflected on their site today, but it was only a matter of time before enom's prices were increased.

Several years back (for those who have been around a while and can recall), you had to pay $70 (for a 2-year registration), from Network Solutions or Register.com. The period, between then and now (with the new discount registrars), allowed a LOT of small players to come in and create a nice business.

The newbies and small players today will likely be a bit more selective, and the bigger players will still go for much the same number of domains, regardless of a $30 or $60 catch fee.

The business of domain "tasting" or "kiting," and the increased participation of registrars, playing the domain game, has also made a huge difference.

As a result, I believe the bigger players will get more of the dropping domains. Some of the smaller players will adjust, by being more selective - and, overall, this should raise the prices of domains on the aftermarket.

In another 3 to 5 years, the increasing catcher fees, increasing competition, registrar participation, and who-knows-what-else, may make it almost impossible for any new players to get into the domaining business.

 

[adutopia.com]

this really stinks.. They are hurting themselves. Like was stated before they should see the niche of the 30-59 range. The quality names go for much higher. This is simple greed.

Anybody interested in starting a snap biz......

 

[mppedersen]

Not only has the price gone up but for the last 3 days they are 0 for 16. Pretty much all of the names I wanted were picked up by snapnames.

 

[Deleted member 10610]

it's really a bad news for me,it's not that worth it if u just want to catch a generic domain.