Huge Domains<\/strong>, is currently doing the ‘unthinkable’ by offering caught domains to a public auction among its members – not just those that backordered them.<\/p>\nSome were eager to cry ‘murder!’ and I understand the need to keep one’s activity secret; the goal is to conserve money when bidding on domain names in the aftermarket.<\/p>\n
Not surprisingly, I witnessed the same reaction at domain forums 10 years ago, when people began to publicly share domain droplists; some folks didn’t like seeing those domains that they had set their eyes on being shared with the public.<\/p>\n
The “outrage” soon became the norm, and just because domain lists are nowadays shared, it does not mean everyone will take a stab at them.<\/p>\n
While it’s great getting a domain for registration fee, or for the minimum $59 that DropCatch.com apparently charges, the truth is that those who complain about this paradigm shift aren’t the big spenders, even at cumulative level.<\/p>\n
Like any other business for profit, Huge Domains aims at maximizing the revenue generated at its domain marketplace, and this method will allow them to attract more bidders willing to pay a higher price for domains. Overall, this is better for the domain industry that has attracted a large number of high-maintenance customers unwilling to open their wallets.<\/p>\n
The bottom line is, that in order to sustain domain mining you have to treat it like alchemy; you need gold to produce gold.<\/p>\n","protected":false},"excerpt":{"rendered":"
It’s great when things work exactly as expected without any change whatsoever – like a Swiss watch. But everything changes, nothing remains the same, according to the Greek philosopher Heraclitus, and when there is a paradigm shift, one needs to adjust their bearings accordingly. DropCatch.com, a domain catching service from Huge Domains, is currently doing […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-3996","post","type-post","status-publish","format-standard","hentry","category-domains","entry"],"yoast_head":"\n
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