They Listen: GoDaddy Changes Pricing Policy On TDNAM Auctions

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As DomainNameWire.com reported today, Godaddy has changed their minimum bidding policies on TDNAM expired domain auctions after a few posts ran criticizing Godaddy.com for the practice both on Andrew’s site and on this blog.

Godaddy now has reduced all minimum prices on TDNAM auctions to $10.

Last week DomainNameWire.com pointed out that the practice of having variable starting pricing for TDNAM domains with traffic and PPC earnings were placing Godaddy in a position where it was basically bidding against its customers.

We pointed out in a post last week, that due to this system of placing high starting bids on domains with traffic, meant that in some cases Godaddy was making money off of trademark domain traffic.

With this move, Godaddy shows they listen.

Godaddy now shows a “vaulation” for certain domains that apparently have traffic and PPC earnings, but bidding on these domains also start at $10.

Excellent news for the industry.

About Michael Berkens

Michael Berkens, Esq. is the founder and Editor-in-Chief of TheDomains.com. Michael is also the co-founder of Worldwide Media Inc. which sold around 70K domain to Godaddy.com in December 2015 and now owns around 8K domain names . Michael was also one of the 5 Judges selected for the the Verisign 30th Anniversary .Com contest.

Comments

  3. John says

    So does that mean if no one bids on a $10 domain, does it go to the $5 firesale, or do they keep some of the higher valued ones?

  4. Rob Sequin says

    A lot of people give GoDaddy a bad rap. Show me any other instance where the CEO communicated with an author of a critical story and made the changes that the author suggested.

    GoDaddy is GREAT for our industry and we all better understand that. I don’t see any other registrars (or maybe even any other .com companies) advertising on the Superbowl.

    Like it or not, GoDaddy represents us.

  5. jblack says

    Good point Rob. Parsons is to be congratulated for his leadership, humility, objectivity, and his example.

  6. MHB says

    This maybe one of the reasons he has become so successful.

    Maybe others should learn that when they are on the wrong side of the equation they should learn from their mistakes and make changes rather than argue for a continuation of indefensible policies

  7. phil j says

    this is outstanding and a step in the right direction. I always felt they were pricing the variable minimum bids so high on traffic domains so that they could keep them for their own portfolio instead of allowing anyone to bid.

  8. Jamie says

    I wish the “Valuation” didn’t go away when you Watch a domain with a valuation. In order to see the valuation you have to do a search for the domain to see it again outside of your “watching” section.

    Might be something they are or will put in…