Archive for the ‘Domaining’ Category

Breaking: Afternic.com acquired by GoDaddy.com

Hello everyone,Breaking-Afternic.com-acquired-by-GoDaddy.com

Couple of hours back I received an email from Afternic.com which in short says they have recently agreed to be acquired by GoDaddy.com. Below is the email I am going to share in case you haven’t got one:

“We have some exciting news to share with you. Afternic has agreed to be acquired by GoDaddy. This will be made public later today but as a valued member of Afternic we wanted you to hear it from us first. This has some powerful benefits for you and our industry.

First, Afternic will continue to operate under the Afternic brand. Your account services will remain in place to support you. Your business terms with Afternic will remain the same and you will continue to manage your account directly from the Afternic.com control panel.

Second, GoDaddy will be joining Afternic’s Fast Transfer network, meaning your domains will be available on a Fast Transfer basis to GoDaddy’s massive audience of customers seeking a domain. Fast Transfer domains enjoy by far the highest sales velocity so this should translate into incremental revenue for you.

Most important, GoDaddy is making this move as an endorsement of Afternic as the industry standard by which cross-registrar fulfillment of aftermarket transactions can occur. Afternic will operate as an industry utility. The adoption of—and investment in—this technology ensure that that the domain industry can reduce friction and increase velocity of aftermarket domain sales.

We believe these changes will benefit our industry as we move towards an increasingly distributed and unified domain aftermarket and are excited to work with you to realize this vision.

We’ve included some questions and answers about the transaction. We invite you to contact your Afternic representative with any other questions you may have.

Warm regards,

Kelly Conlin
Chairman and CEO
NameMedia”

In my opinion this is great news for the whole domain industry. Although I have done very little business with Afternic in the past but hopeful to do more in the future.

Benefits of becoming an Escrow.com partner

Escrow.com-partnership-with-AbdulBasit.comHello everyone,

Recently I posted about AbdulBasit.com being the new partner of Escrow.com so a few readers of my blog asked me the benefits of being the partner of Escrow.com. I thought to write in detail about this topic which I hope to be beneficial to many people.

You can sell virtually anything with Escrow.com. They equally protect both buyers and sellers. Okay, let’s come to the point and I will keep it short like always 😉

Some of the benefits of being the partner of Escrow.com:

  • Increase sale completion by presenting your customers a secure and unswerving payment solution.
  • Enhance the authenticity of your service by tapping into their knowledge and proficiency. Offer your clients the reliance and soothe that comes with superior security for their transactions.
  • Escrow.com has the aptitude to help you with fulfillment fee should your revenue model be based on a commission structure.
  • Being partner of Escrow.com can have huge impact on your business whether it’s domain name or something else you are dealing into.

If any of you are interested in becoming the partner of Escrow.com simply visit this link and at the bottom you will see Partners link from which you can see all the detail and requirement for any one who is interested.

Feel free to shoot me your questions and I will be happy to answer them as soon as possible.

Thanks for reading and keep coming.

We are now the proud partner of Escrow.com

We-are-now-the-proud-partner-of-Escrow.comHello everyone,

It’s one of the greatest moment to announce with you all that AbdulBasit.com is now the proud partner of Escrow.com and are currently added to their partners list which you can see at – Escrow.com Partners

We have been using Escrow.com since many years and one of the best thing about them is customer support. I just love it. You just call them, email it and the response is very quick with your problem solved. I know there are several more escrow companies launched in recent years but I never thought of trying them no matter their charges are low or not. I would simply stick with Escrow.com for doing all my business related to domain names because that’s what I love doing it.

We have almost hit 6 figure mark of buying and selling domains using Escrow.com service since the beginning which is quite remarkable achievement. I know there are big boys who have had 7 figure sales or may be more altogether but I am not comparing with any one.

I personally thank Escrow.com for giving me the opportunity of working together and it’s really proud feeling to be one of their partners.

Have an online identity to make people trust you

Have-an-online-identity-to-make-people-trust-youHello everyone,

It makes me feel really good sharing this with you because having an online identity gives you lot of confidence as well as the other person who is dealing with you no matter you are buying/selling domain names or working in different niche. As we are normally talking about domains and this is related to the same subject so let’s keep the focus on it only.

Recently I mentioned the sale of a domain whose initial inquiry was received in spam box but eventually we made a successful sale. However, the most important thing in this deal was the buyer trusted me and made direct wire transfer instead of using any escrow service. The buyer actually made the payment very quickly and waited for almost 5 business days because there was some issue coming at my bank but he never asked whether I received the payment or what’s going on. Once the money was in my bank I simply pushed the domain immediately because the transfer detail was given to me once he initiated the payment from his end. I am sure that only happened because of having an online presence and your website shows you are serious in whatever business you are doing and won’t run away with someone’s money.

Although it wasn’t a big sale but I really liked it for the reason I mentioned above.

I would suggest everyone to have their website no matter whether it’s business or personal but one must have it. I am lucky to have a .com domain of my own name. Since it’s difficult these days to get your name in .com you could add first and last name or make up some catchy brandable name related to your business.

It will take some time for people to know you first. The visitors to your site will judge and start trusting you which depends on many factors.

Had any experience like this before? Feel free to share and let others know 🙂

Parking revenue for August 2013

Parking-revenue-for-August-2013Hello and Assalamo Alaikum,

Last month I said my revenue may drop because I will be tweaking some of my domains in order to maximize the profit but almost every time the changes I make goes the other way. I don’t mind if that happens because this is what keeps me going and we should never stop learning.

Although I manage to make over $500 for the month of August 2013 which was not bad for me even after making several changes. However, I hope to have similar or a little better this month’s parking revenue because I will be testing this month as well so things can go either way.

Also I would like to share with you guys that I have recently checked my total number of domains which has crossed over 300 mark and as previously mentioned in one of my post that my target is to have 500 domains by the end of this year and it seems my calculation is correct so far…

In the meantime, I am dropping several domains this year and my focus is to buy and sell mostly .com domains only. They are easy to sell compare to any other TLDs or ccTLDs.

Care to share how much did you made from previous month’s domain parking?