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Here's the The Lowdown
from DN Journal,
updated daily
to
fill you in on the latest buzz going around the domain name industry.
The Lowdown is
compiled by DN Journal Editor & Publisher Ron
Jackson. |
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DomainNameSales
Rolls Out New Services Designed to Turbocharge
Sales - Beefed Up Brokerage Team and Buy It Now
Option Among Improvements
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DomainNameSales.com
(DNS), the aftermarket domain sales
platform founded by Frank Schilling,
is continuing to add new services
to a site that has been a disruptive
force ever since it opened to the public
last year (DomainNameSales itself has
actually been in operation since 2001 but
it was previously limited to servicing
Frank's own portfolio). The
biggest change has been an expansion of
the DNS brokerage team that now allows the
company to have brokers personally
follow up on otherwise dormant
purchase inquiries. In a letter to client,
Schilling wrote, "We have grown our
brokerage team to 14 people, (who
speak 10 languages) and are
available 7am – 7pm Central time.
We are very proud to announce an
enhancement, which has been the secret
to our success, and now can become the
secret to yours too: follow up." Schilling
noted, "You now have the ability to
select our brokerage team to revive
interest in your inquiries that have
not been active for 30 days. By opting
in you can still keep self-brokering
your new leads or choose us to take
care of it all." Of
course, as the old saying goes, there's no
such |
Frank
Schilling
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thing
as a free lunch, something Schilling also
addressed, writing, "We are also
testing new exciting features, which we
will be releasing in the coming weeks. As
we endeavor to keep standards high and
provide you with these innovative
features we will be raising our
commission rate for full-service to 12.5%
across the board." As most of you
know this rate is still well below what
many other platforms charge (a 20%
rate is not uncommon, especially on
multiple listing service platforms). You
can learn more about the DNS brokerage
offerings here: http://domainnamesales.com/brokerage.
Buy
Now image from Bigstock |
Another
addition the DNS platform is the
option to offer a Buy
It Now price. This
allows you to set prices for
your names without the need to
negotiate and display landing
pages geared strictly toward the
sale of your names.
DNS
Director of Sales Dan Adamson
said, "To ensure that these
transactions go smoothly we are
providing the expertise of our
in-house transfer specialists.
Transactions will be cleared through
Escrow.com
and we are adding other sales
channels, partners and registrars
imminently. Any sale completed with
‘buy it now’ will be subject to
a 10% commission through
DomainNameSales.com."
Adamson
added, "To learn more about
this new functionality please refer
to our new developers
blog. There you can ask |
questions and receive guidance on
all the new functionality within the
improved DNS platform. DNS clients
can start using Buy It Now for their
names by clicking here."
In
another domain brokerage
news note, well-known
brokerage firm MediaOptions
has added a new broker to
their team with Neal
Resnick coming on board
there. Resnick has a
long track record that
includes consulting and
developing B2B and advertising
relationships with CareerBuilder.com
and domain investor
relationships at GoDaddy.com.
MediaOptions CEO Andrew
Rosener said, “Neal’s
talent and background will
particularly strengthen our
relationships with businesses
and startups who seek us out
during their domain name
search. Given Neal’s
extensive knowledge and
tenacious work ethic, we feel
we have a tremendous new
resource that will help us
to support our continued
growth.” |
Neal
Resnick |
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(Posted September
17, 2013)
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