I’ve been impressed by the growth of Spaceship and its recently launched SellerHub. The sister company to Namecheap has shown a great willingness to engage with its customers, and the platform quickly implements suggestions and feedback. I like working with businesses that value and prioritize customer feedback. The low 5% sales commission is a nice sweetener as well.
About two weeks ago, I added a swath of domain names to Spaceship’s SellerHub as a test. At the moment, I am only listing domain names on the platform without using its landing pages.
When I first added my domain names, I inadvertently added all them with a Make Offer price listed. This meant the domain names were all being shown with a BIN price and a Make Offer button. Over the weekend, I received a $1k offer for a $1,997 domain name. After a short negotiation, I rejected the final $1,001 offer that was made.
I tightened up my Minimum offers yesterday, and I think my setup is ideal for me, for the time being.
Domain names priced around $1,000 simply have a BIN price. The minimum price I have everywhere is $997, but some are $999. If someone searches for one of those domain names on Namecheap or Spaceship, only the BIN price will be shown for these names. They can take it or leave it.
For my domain names priced around $2,000, I have the BIN price shown, and some have a $1,500 Make Offer option shown. Many of these inventory-quality domain names were picked up for the registration fee or for less than $50 at various platforms. My ~$2k pricing could be a bit high. If someone has a $1k budget and stretches to offer $1,500, I will probably accept it. It opens the door to a discussion, and if I accept $1,500 when they would have paid $2,000, at least I only pay 5% commission.
For domain names priced at ~$4,999, I have a Make Offer option of $2,500. I can choose whether or not I feel like negotiating if an offer is submitted.
I do not have any domain names priced above $5,000 on the Spaceship SellerHub for the time being.
If a prospect uses Namecheap or Spaceship to search for my domain name – or if my domain name is shown in their search stream – I will be happy to sell it via their platform at a lower commission rate. They’re bringing the customer, and I am happy to reward them for that.
This is a test, and I will see how it goes before opting to add higher value domain names or use the landing pages. With private equity taking an ownership stake in Namecheap, I would not be surprised to see a change in the commission rate in the future.
Do any of your domains requiring resetting the dns at spaceship? It happens to me and I’ve never seen that in 30 years of domaining.
I’m not technical and it bothers me that happens but when I ask for them to fix it since it’s in their end the won’t do it.
None of my names are parked or redirected there.
How are
You listing for sale then?
After seeing a lot of positive feedback about sales on Spaceship.com, I decided to give it a try this week and listed around 900 names in their SellerHub. The domain verifications are completed, but I haven’t switched to their landing pages yet. I’ll point the nameservers to them only after I see how the results pan out.”