Amen !

If they reduced prices by 1/2 and sold 3x more the number of domains, I think they make more money.

I do not believe that either NameJet or Snapnames will hold on to domains that receive no bids.

They are not the registrar and have to right to do so.

The individuals registrars can layout the $6.86 but that would be a real risk because they could get stuck with a bunch of crappy names no one wants at any price.

MostWantedDomains.com is in a completely different business than SnapName or NameJet so your comparison to us is not valid.

However, If they reduced prices by 50%, do you think revenue will remain the same as it is today for these companies? I certainly do not think so. I think their bottom line will decline further and faster if they reduce prices.

Why would these companies do that? I agree the market is slowing and so are prices. Year over year revenue will be down but dropping the price would only further reduce their income.

Are you lowering prices 30-50% on mostwantednames?

If they really wanted to make changes, they could move all names that do not receive bids to a public declining price model until someone buys it like Pool used to have and domaining is trying to do with expired names.

From a business perspective, I think these companies would be silly to do such a thing and would not hold my breath waiting for them to make changes.

If the wall street meltdown has taught us anything is that the “big” guys sometime lose there way or understanding of what the consumer will consume.

I’m just trying to remind them.

There are $1000 names that can be had for $59-99 on the catch each day. I would have to believe that lowering the price will heighten the competition for those names.

While my expenses would decrease with lower fees, I think the quality of names I could get would decrease as well with increased competition.

We can’t make the rules or change them. Sometimes the best thing to do is make the most of what we’re given.

I’ve thought the same thing lately. I can only imagine that the number of purchases on websites like SnapNames.com and NameJet.com has decreased, so lowering the minimum price should get the market back into its equilibrium. On the other hand, one should think the drop services know what they’re doing.

Personally, I’ve been buying less domains in drop auctions. I’ve also observed the same thing as Rob: Many domains simply drop nowadays and can then be bought for less than $10 each.

So why pay $60 at SnapNames et al.?