NameJet

Laurie Krick Announces Retirement

10

If you’re a NameJet customer, it’s quite likely you’ve worked with Laurie Krick. In her role as Director of Business Services at NameJet, Laurie has primarily worked with NameJet sellers. Her role expanded beyond that though, and she played an integral role in customer care for the auction platform. Whenever I had any type of technical issue at NameJet or an issue related to domain names I won at NameJet, Laurie was the person I turned to to get it resolved.

This morning, Laurie announced her upcoming retirement in a note to NameJet sellers:

Great.com: Why Erik Bergman Spent $900,000 to Buy It

2

The second largest domain name sale of 2018 (to date) is the $900,000 sale of Great.com. The domain name was bought by a tech entrepreneur named Erik Bergman at this year’s NamesCon live domain name auction on NameJet. Erik reached out to me discuss why he spent nearly seven figures on Great.com and to let me know how Great.com will be used by him.

Erik is an online entrepreneur who built a large business with a focus on affiliate marketing. His specialty has been SEO, conversion optimization, and email marketing, all of which help make someone make money through the affiliate channel. He co-founded a company called Catena Media, and Erik told me he and his partner took the company public in 2015. Erik did very well financially from the public offering, and this is what spurred him to think about charity and helping others. It is with this in mind that Erik acquired Great.com.

According to Erik, Great.com will be a commercial endeavor with the goal of giving away all of the proceeds to charitable causes. Here’s what Erik told me about how Great.com will be used:

2018 NamesCon Auction “Remix” on NameJet

0

The other day, I realized that NameJet still had the NamesCon link in its header, and now I know why. NameJet is re-auctioning a large group of domain names that did not sell during the NamesCon live or silent auction.

According to an email I received from NameJet announcing this “NamesCon 2018 Remix,” there is a secondary auction made up of unsold NamesCon auction domain names. Many of the reserve prices have been lowered by their owners to help induce a sale. People who kept their backorders for auctions likely noticed the domain names coming up for sale again, but others may wish to take another look to see if the reduced reserve prices make some of the domain names more interesting.

Some of the better domain names that are coming up for auction again include the following:

MillionDollar.com: Expiry Domain Name with a $900 Minimum Bid

3

MillionDollar.com is coming up for auction on NameJet. From what I can see, the minimum bid is listed at $900 rather than the standard $69 minimum bid amount:

Based on the “pendingrenewalordeletion” email address, it looks like this is an expiry domain name rather than a private listing. The NameJet auction page also confirms that this is an expiry channel listing rather than a privately owned “Direct Lister” listing.

The high bid is listed at $69, and there is one bidder for this auction at the time of publication. I believe people can place the $69 minimum bid to observe the auction, but if it ends at below the $900 minimum bid, the domain name will not sell. I am not sure whether the

Super.com Hits Reserve at NamesCon Auction (Updated)

7

Super.com is arguably one of the top domain names listed in the NamesCon domain name auction. The domain name did not hit its reserve price of more than $1,000,000 during the live auction, but it looks like it hits its reserve price during the extended auction:

I do not recognize the leading NameJet bidder alias, evstratov. It is possible that the high bidder signed up specifically for the Super.com auction or perhaps the

njhighbid Bidder Alias at NameJet

4

Last night, I was looking through a few of the NamesCon extended auction domain names on NameJet and I saw a bidder alias I didn’t recognize. “njhighbid” is in the lead on several high profile auctions. For example, the njhighbid bidder alias has the high bid of $550,000 on the Super.com auction.

When I see a bidder nickname I don’t recognize, it makes me a bit suspicious. This is especially so when I see the same bidder leading several auctions. In this particular case, none of the auctions I saw njhighbid as the high bidder had met the reserve price.

With the “nj” in the bidder handle, I thought this might be a house account related to the auctioneer, so I reached out to NameJet General Manager Jonathan Tenenbaum to ask about the bidder alias. Jonathan confirmed that this bidder handle “represents the high bid in room from the live auction.” I believe this was necessary because the live auction used different software from the NameJet platform, and live auction bidders were not necessarily connected to NameJet bidder accounts.

Even though it might look suspicious that there is a bidder handle in the lead on multiple high value auctions, it is not something concerning.

Recent Posts

Hybrid.com Sold for $190,000

Another large domain name sale closed this week. Hybrid.com was sold in a deal brokered by Joe Uddeme of NameExperts.com, which he shared via...

Daily Poll: Would You Choose Your Baby’s Name Based on Domain Availability?

The New York Post published an article about a research study sponsored by GoDaddy concerning baby names and corresponding domain names. From the NYP...

Strength.com Sold for $300,001 at Flippa

According to a report on NameBio's blog this morning, the Strength.com domain name sold for $300,001 at Flippa yesterday. It was the largest publicly...

Daily Poll: Do You Respond to Lowball Offers?

I am sure everyone gets offers they would consider to be lowball offers. People from around the world, with different experiences and budgets, want...

Top .com Branded Companies on the 2018 Inc. 5000 List

The 2018 Inc. 5000 list of the fastest growing companies in the US was recently published. I noticed two domain industry companies that made...