Backorder Price Wars: NameJet.com Lowers Minimum Bid On Pending Delete Domains to $59
2011 March 17
Just weeks after SnapNames.com increase it minimum bid on pending delete domains to $69, Namejet.com just announced it was lowering the minimum bid on pending delete domains to $59.
Here is the announcement:
“”Ready to save money?
NameJet just lowered our minimum bids on all pending delete domain names to $59*!
In addition, NameJet has increased its available inventory of pending delete domains by adding TV and CC to our inventory which already includes COM, NET and ORG.
Get your backorders in now because this offer is valid for a limited time.”
This does not seem to apply to pre-release domains, which are domains held by partner registrars such as Network Solutions and Enom but only “free drop” domain names.
Loading ...
I got that email from NJ and thought it was a very interesting move considering SN had recently increased their price. The trouble is that if it’s a decent name you’re going to order a pending delete at all of the big 3 (NJ, SN & Pool) so will end up paying whatever the winning catcher charges. But at least there’s almost a 2/3 chance of getting it at $60 or less (Pool charge $60) as long as there are no other bidders.
Silly I thought. What decent name are you going to be the only person to backorder lol.
I think it is brilliant move by NameJet really.
Snap must have said “oh sh*t……touche !”
.
Smart move on NJ’s part. I wonder how long the “limited time” offer is good for though?
Cheapskates!
Most domain investors prefer SNAPNAMES over NAMEJET as the backorders are kept private over at SNAP. Over at NJ however, as soon as you backorder that gem, it will appear on the pending-delete list for the last minute vultures and for the entire planet to see. If they fixed this issue, there would be an increase of at least 50% in the names backordered at NJ.
@Luc…….dude……everyone knows the quality inventory is at NameJet. On a whole Snap sucks.
So NJ wants more small potatos in these auctions? It won’t change who wins the domains.
More watchers is what this will result in.
“Most domain investors prefer SNAPNAMES over NAMEJET as the backorders are kept private over at SNAP. Over at NJ however, as soon as you backorder that gem, it will appear on the pending-delete list for the last minute vultures and for the entire planet to see. [[ If they fixed this issue, there would be an increase of at least 50% in the names backordered at NJ." ]]
@Luc
I agree 100% – especially with the last part
All showing backorders has done is took all the excitement out of it and helped the investors with the most money grab even more desirable domains that they might not have otherwise noticed.
Follow the yellow brick road…..boring
Silly I thought. What decent name are you going to be the only person to backorder lol.
——
Amazing “oh my god” names, never.
“Decent” names? Names with a very high resale probability? One bidder happens *all* the time.
Brilliant move by NameJet, optimal timing! Honestly but I consider still advanced the service offered from SnapNames.com