Archive for October, 2013

Domain sold through GoDaddy Buy Service

Posted by AbdulBasit Makrani on October 15th, 2013

GoDaddy Domain Buy ServiceHello and Assalamo Alaikum everyone,

It was my first and last domain sold through GoDaddy Buy Service. The domain was sold once again in four figures and comes under books niche. Interesting thing about this domain was the previous owner somehow dropped the domain and I grabbed it. I knew they would need back and somehow they contacted me once the domain was under my possession. As they were quite hesitant dealing with any escrow service so they opted GoDaddy Buy Service and I listed there for a fixed price which was agreed through email communication.

As this was my first domain sold through GoDaddy Buy Service I selected wire transfer but it was not accepting my bank account number. It was asking me to enter routing number which is not used in Pakistan. I called them but the support guy wasn’t much educated to help me so I emailed them and got no response either. As I had already entered my PayPal ID so they sent me money on my PayPal even though my first choice was to receive funds through wire. The only positive thing using this Domain Buy Service was to receive exactly the same amount with no deduction under my PayPal account.

I re-send the email to their support but again no response. I would never use this particular service again of GoDaddy again in future and will ask my domain buyers to either chose Escrow.com which is first choice of handling domain sales or send me the payment through wire first before I transfer the domain.

In future I will never use GoDaddy Buy Service ever. I know many of you won’t agree with me because there are no issues in your country, you get routing number easily but in my country there is no routing number as far as I know which I confirmed with several other banks as well once the payment was received by GoDaddy. Although I had entered correct account number they still sent the payment through PayPal. I wonder why there is no field of entering my bank name?

Care to share your experience with GoDaddy Buy Service? No matter it was good or bad but would be nice to let others know.

Posted in Domaining, Domain Sales, Personal Tags: , , 13 Comments »
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Parking revenue for September 2013 and DomainNameSales.com update

Posted by AbdulBasit Makrani on October 3rd, 2013

Hello and Assalamo Alaikum everyone,

It was quite slow month in terms of parking revenue as well as domain inquiries received. I thought it would be a better month since summer holidays have gone and will start seeing some activity but that wasn’t the case last month. Mark from DomainPicks.com was in the same boat as well.

One of my revenue making domain from PPC has declined in the last month and I can see the revenue will be drop a bit more for that particular domain which will have somehow affect on my overall parking revenue. It doesn’t matter much personally but I just wanted to share it. However, I was able to make over US$400 for September 2013. My target was to reach $1,000 for the month of Dec ’13 / Jan ’14 but that seems quite far away. I am still happy the way I am going because my main focus is to buy and sell domains and make side income from them through parking unless they are sold to the right person.

On the other hand, I have been contacted by DomainNameSales.com team member who informed me about the new features and after discussing with him I enabled the dead lead follow-up feature where all the hardworking and intelligent brokers from DNS team giving their 100% on each of my domain inquiries which are not active for the past 30 days. It was really amazing to see that I had received hundreds of inquiries since I have joined them.

If you have your domains parked with DNS and get decent number of inquiries than I would suggest you to enable this follow up service which you can find under your control panel click settings on top and auto assignment, old lead management. From there you can select 30 days, 45 and 60 days. I have selected 30 days which seems good for me.

Although I haven’t done any sale with this follow up feature but it looks really good to see inquirers are responding well and since we have enabled at the end of previous month so it may take some time to get clear picture.

So have you seen fall off in the previous month in terms of domain parking and/or domain inquiries?

Posted in Domaining, Domain Monetization, Personal Tags: , , , , 5 Comments »
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