NameJet.com announced a new pricing program for it backorder and auction services
Here are the highlights:
Minimum Bid prices on backordered names dropped to $29 from $70 on “some names”. The announcement was not clear on which domains, would have which minimum prices, but we assume like SnapNames.com, the minimum price will vary depending on which registrar is dropping the domain.
The announcement did say that any backorders placed prior to the change, would be reduced to the new minimum amount, automatically, even though they were placed at the old $70 minimum.
NameJet.com also announced that they changed the bidding increments of domain in auction, to allow for bidding of all dollar amounts, including odd amounts.
Under the previous policy you could only bid in $10 increments for domains priced under $1,000 and only in $100 increments for domains priced $1,000 and over.
The changed went into effect yesterday.
NameJet.com is also promising to add in the near future additional features like alias names on bidding accounts, so you can see who else is bidding on an auction.
Here is the full release:
We appreciate your business and have listened to your comments and suggestions. Based on your feedback, we’ve recently made a number of enhancements to our Web site and bidding processes to make it even faster and easier for you to find, manage and bid on domain names.
We’ve lowered the minimum bid price on all our domains! Minimum bid pricing will now start as low as $29 on some domains. Our Pre-Release, Pending Delete and Public Auction domains will have variable starting prices. Please note, if you already have a bid on a domain at our previous minimum bid amount of $70, Name Jet will automatically adjust your bid to the new minimum bid amount.
Plus, bidding increments are now even more flexible. Instead of only having the option of bidding in increment amounts–$10 for auctions less than $1,000 or $100 for auctions greater than $1,000–you can now bid any amount over the $10 or $100 minimum bid needed. If you want to place a bid of $11, $12 or any whole dollar over the minimum bid increment, you now have the option to do so.
Visit our FAQs to learn more about the change in the bidding process: http://www.namejet.com/Pages/FAQ.aspx#bidding
In addition to the bid changes, we’ve recently made the following changes to assist you in getting the domain name you want:
- Advanced Search Improvements: Quickly drill down to the names you want — by extension, backorder date, number of characters, bid amount, and, of course, keywords.
- Faster Bulk Bidding: Bulk bid on up to 250 domain names at once in our quick and easy to use input format.
- Wish List Enhancement: Manage your backorder wish lists with a click to edit and delete your backorders.
- New Alert Emails: Let our names come to you with emails delivered daily that list our Most Active Backorders, names with 6 characters or less, or those with 7 to 9 characters.
And, more changes are on the way… here’s a sneak peek at what’s coming soon:
- Bidder Alias: You can assign a Bidder Alias to your account. Other bidders will see this alias during the auction rather than a generic name like “Bidder 1”.
- Bid History: Be able to view the history of bids for a specified domain.
- Auction List View: Set your account to either save or automatically remove previous auctions in which you were not the winning bidder.
- My Account Reports: We are upgrading the reports available to you with additional sorting and filtering.
We hope the changes we have made and our upcoming enhancements will assist you in winning auctions on the domain names you want from NameJet.
Please visit us at www.NameJet.com.
