Dan Warner's comments after his post yesterday:
Quote(s):
Giving out a taste of our market intelligence is one thing, having a constant flow of market intelligence leaked to the market is another.
I will be sharing a lot more of this data at the New York TRAFFIC conference - as well as other conferences ahead. I prefer releasing data with some structure and an overlay of my experience than to just drop data into the market. Statistics and data can be too easily distorted without context.
Indications are that most registrars will be live with the Domain Distribution Network before the end of the calendar year.
This new paradigm also gives most portfolio owners a major incentive to have their domains registered with an Instant Transfer Protocol registrar so they can use the Domain Distribution Network.
If you consider the new price hike with .COM domains, there will be a time just before the price change that economically it makes sense to register 25% - %50 of domain portfolios ahead of schedule.
How many portfolio owners will see this as a perfect time to change registrars and consolidate their portfolios? That said, for the record, we don't want everyone to transfer their domains to Fabulous.com. There are many other registrars that will be enabled for instant transfer soon. They are in a better position to assist you to enter your names into the system. There registration cost will also be as cheap as the $6.75 at Fabulous or even lower.
My Tip:
1. Get all your domains sorted out and figure out which ones you want to renew early to save the money on the .COM increase.
2. Pick one of the Domain Distribution Registrars that you want to work with and negotiate a good price.
3. Move as many domains as you can to their registrar and go live with global distribution and instant transfer.
The live registrars will be announced at TRAFFIC, but if you are in a rush you can talk to one of the registrars (that someone posted in the comments) which is already live.
Chances are that if your current registrar isn't in development - they will be soon. It really is only a matter of how long you want to wait.
Have fun harvesting domains, and remember that due to the instant transfer requirement domains need to be registered for 60 days before they can be sold.
Cheers,
Dan
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Posted by: Dan Warner | June 02, 2007 at 08:28 PM
Other extensions are able to be sold. Domain interest and stock is mostly .COM, .NET and .ORG so the initial implementation (which enables instant transfer) are just these.
There is also other criteria that the registrars have set to vet domains for quality assurance and their own brand protection. So don't expect that many typo, brand or trademark domains will be distributed. Almost all domains are capable of being listed but the system allows the registrars to filter out what they don't want to list by their own criteria. None of them have asked to have typo, trademark or brand names included as they pose large legal and customer service liabilities.
Remember that in any given market it requires that not only must an owner be willing to sell but that a buyer is willing to buy AND that an agent/reseller/registrar is willing to carry the stock.
Does Wal-Mart carry knock-off handbags?
All that said it is up to the reseller to decide what stock they want to carry.
Cheers,
Dan
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Thanks Frank for the comments. This isn't meant to be a commercial post. So I don't want to post anything that is promotional. I just wanted to tell you all how much fun we are having. The market will sort out the rest.
Cheers,
Dan
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GoDaddy is the best place to register right now. They will be able to fully support your sales needs in a couple weeks.
Transfered names can be sold immediately, new registrations take 60 days due to ICANN and Verisign rules.
They have a wholesale program for domainers that gives you the ability to buy at $6.74 per domain. If you talk to them they will probably waive the small signup fee that is there to discourage retail people.
I will also give you a word of caution. The paradigm is a reality BUT it still takes very experienced and skilled hands to register new domains profitably, and when someone types a domain in directly it is still the easiest conversion by far. Cross sales to domains with no direct interest have a much lower turnover.
Direct Interest: When consumers navigate directly to the domain name (direct navigation) or when they type the actual domain or domain phrase into a registrars new registration search box. Domains without this direct interest are difficult to sell today - tomorrow is something else.
I would also be careful about adding peoples names to commercial phrases as they tend to have trademark issues and the registrars don't want them as stock.
Cheers,
Dan
END Quotes.
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Peace,
Dan