Above.com just announced this morning a new program where it will become the first domain name registrar to share the revenue generated from the sales of expired domain names.
The Expiring Domain Sales Program is an opt-in program offered to clients with more than ten domain names registered at Above.com.
Participants of the program would retain 60% of the profit from the sale of any domains that they let expire at Above.
All expiring domains will be auctioned in the Above Marketplace.
“We recognize that not all domains will be renewed each month,” says Victor Pitts, Director of Domain Services at Above. “Domain investors will frequently allow some of their inventory to expire in order to register domains that will perform better in their business model.”
Most registrars will sell what expired inventory they can and keep 100% of the profits.
Above.com would like give most of the profit back.
“We want to reward our customers for their business they do in our ICANN accredited domain registrar,” says David Warmuz President and Founder of Above.com. “
We like the idea of giving our registrar clients a new source of income. “
Above.com Pty Ltd is a Domain Investment Platform combining three core services important to the domain investor. Above.com is an ICANN accredited domain name registrar, offering easy and secure domain management for ANY size domain portfolio. Above.com is an Intelligent Domain Monetization Management Service, enabling clients to maximize parking revenues and productivity by automatically optimizing traffic across multiple parking services, while retaining control and using their existing parking accounts. Above.com is an advanced Auction Marketplace that gives the seller full control over their auctions. Above all – Above.com is committed to serving the evolving business needs of domain investors.
For more information contact:
Victor Pitts, Director of Domain Services