“The good, the bad and the ugly” An opportunity for readers to discuss what they like and don’t like about a particular company in the domain space.
Each post will deal with just one company, readers are encouraged to share their positive and negative experiences. Suggestions for improvement are also encouraged.
One of the goals of the column is that company representatives will see how their customers think of them. This can lead to a conversation on fixing problems.
What is not allowed:
- Personal attacks on individuals at the chosen company
- Promoting a competitor
- Posting domains for sale
The company in the spotlight today is NameJet.
Founded in 2007
Namejet: A boys club !
Who you are, not what you have to sell.
The sales many bloggers boast about are a result of selling on NameJet. Joe Smuck Domainer does not have access to Namjet. Never has, never will. Same as the old DNS. Joe Smuck would also do nicely selling names with the same access to NJ that the golden boy have access too.
And don’t give me the BS about only acceptinggood names on NJ. That is just an excuse and they know it. They have no issues and plenty of room for posting 1000’s crappy partner expiring names each day. Also the 1000’s of crappy names being sold by their golden boy crew. Also no problem in finding room for them.
You buy are name on NJ for $1000-$5000 then try to list in again in the coming months for Sale. Your email and request goes into the never to answered Joe Smuck no influence or potential exposure for NJ bucket.
Jealous and Bitter !! Hell Yes!
Not trying to make you angry or anything but the’re not here to be make friends or be the fairness police. The’re here to make money. Dealing with 1000 “joe smucks” and managing their auctions and dispersing their funds around the globe is probably not worth the effort.
Agreed.. however..
They have no problem accepting funds from the 1000’s of Joe Smuck around the globe. I will bet my left ball and first born child that NJ make most of the revenue and profit from those same Joe Smucks buying from their golden boys. NJ just helping keep the domaining dream alive!
Every Joe Schmuck can sell their name at godaddy’s TDNAM.com, flippa, afternic or sedo. Plenty of options.
Nothing special about name jet really.
Agree, GD offers so much more exposure than anyone. If you want your domains to get noticed spend an extra 100 bucks for an add on domaining then redirect users to your auction @ GD. Most of all domainers have that feed or look at that daily.
Use NJ for buying not selling, or create your brand at efty, these days you do not need these auction formats when you can advertise and redirect users to your own brand. It is a great time to be a domain investor. The ideal is Park your earning domains at DNS and therest at efty for selling. NJ for me would be if I want to sell the names at extreme wholesale that I don’t ever plan on using.
Donny –
“NJ for me would be if I want to sell the names at extreme wholesale …”
Exactly.
The Good: I love NameJet’s high quality of dot com domains for auction.
The Bad: But the average joe has no chance of winning these high quality dot com domains unless they are willing to pay way above retail value because the same old deep pocketed buyers keep outbidding the average joe every single time.
The Ugly: Namejet makes a lot of money and they still want to charge customers additional fees.
Considered selling some names there but I did not quite like the terms, minimum 10 months reg, no paypal payment for the seller and high transfer fee to be included after a bid? The bit I didn’t get was if transferring why the need for 10 months reg?? For $49 I would have thought a year’s reg would be included? I am considering listing some names there in the news year as it does seem to be a vibrant auction platform. It is their business so I do respect their right to run it as they see fit. Annoyingly I cannot find the email with their terms, however I do believe I am quoting their terms accurately. The offer to reduce transfer fees was made after I asked for clarification on a few matters, it would be unfair of me not to mention that. You also need to become a verified bidder to list names with them? Two suggestions would be allow for portfolio listings and pay the sellers by paypal. Sometimes after listing fees and intternational wire transfer fees it doesn’t leave much on the bone for the seller. I would say they better names when compared to Sedo or Flippa so there are some bonuses for sure!
” they SELL better names when compared to Sedo or Flippa”
The Good: NameJet seems to have access to people who buys into the hype and willing to pay more than anywhere else.
The Bad: Not everyone can get “in”
The Ugly: At the height of the 4 letter Chinese Premium hype late last year, someone bought a name from me for $1600 then turned it around and sold it at NameJet for $2400.
Median sales .com namejet – 600USD
Median sales .com godaddy – 181USD
Where would you rather be. But hey many domainer’s are taking this business seriously, have no business models or method to madness. They just plain old buy and sell, no projection. No monthly sales targets…. so yeah I understand whay alot of guys up there think namejet is just meh…
I am sorry to bust your bubble boys … namejet is the No 1 market.
I have never broken any rule(s)
If I did, I am unaware of what infraction I did.
I have never received an reply.
I know the rules. I read them all.
I had a general question regarding (domain names)
I did not post any domain name(s) for sale or otherwise.
I did not post anyone else’s either.
I did not mention or slander any (person) nor (registrar) nor (parking company) nor (resale site)
I can not remember what question(s) I posted, as it was a couple weeks back.
Before sending my comment(s) I double Checked my email address and it is correct.
I did not put a website on email on this info sheet, as I do not have a website.
Yes! I did have the box checked to notify me of follow-up comments by email.
Sincerely
Gary T
Good: Pre-release domains from Network Solutions
Bad: Old school domainers club
Ugly: Auctions not on a level playing field
Ok so I have never used Namejet and here is why, HOOPS I am not going to jump through hoops fill out papers and take pictures JUST to sell on your site. I have never seen a site that required that much from a person just to sell, I understand there will always be scammers but there are better ways of weeding through them then that.
If they ever change there registration process I would love to sell on their site.