I want to relay some NameJet news that I just received. The company is increasing the minimum bid price for pending delete domain names from $39 to $69. This change reverts back to where pricing was before the October price drop, which I previously wrote about. At the time of that announcement, the company side the reduced price was for a limited time, and it seems that time has come to an end.
Here’s the announcement that will be sent to NameJet customers this afternoon:
We want to let you know that our promotional pricing of $39 minimum backorders on PendingDelete domain names is ending effective today, 3/30/2016. The new minimum backorder for Pending Delete domains will now be $69. This is being done as part of a broader initiative to increase our drop-catch efficacy and to improve the overall customer experience on NameJet by better helping you obtain the dropping domains that you want.
All $39 backorders placed before the change will still be honored, but once the change is implemented you will no longer be able to put in bids below the new $69 minimum.
As always, we appreciate your business and look forward to serving your needs in the domain name aftermarket!
As a result of this pricing change, you may want to adjust some of your important backorders, which might not meet the $69 minimum.