Domain Investing News, Strategy & Tips

DropCatch Listened to Feedback

Domain Industry News

Elliot Silver

January 12, 2024

Last week, I wrote about the frustration I have had with the DropCatch.com login requirements. It wasn’t unusual for me to login via 2FA to place a backorder on a domain name at DropCatch and then have to go through the login process again a short time later to backorder another domain name. Doing this multiple times per day added a speed bump to my morning. It got to the point that I would not bid on a marginal name to avoid this.

Over the weekend, I noticed a maintenance message on the DropCatch website. I held out hope that the company was going to address an issue that bothers other customers as well.

General Domain Information

Elliot Silver

January 11, 2024

Earlier today, Andrew Miller and Larry Fischer were joined on a video discussion with Jim Campbell, Founder of Honeymoons.com. I wrote about the success the company has been having following the acquisition of the Honeymoons.com domain name, and Andrew and Larry spent some time chatting with Jim.

If you were unable to watch their stream live, you can view it here:

Cybersquatting Always Going to Harm Reputation

General Domain Information

Elliot Silver

January 11, 2024

I was chatting with an acquaintance on Tuesday, and out of the blue he told me a brief story. In short, he said he thought about me the other day when he mistyped a web address and landed on some sort of spammy/scammy landing page. I explained that isn’t the type of business I operate, but for all intents and purposes, it didn’t matter. He landed on what was likely a PPC monetized typo domain name and his first thought was of my business.

Brand Marketing
Buying Domain Names

Elliot Silver

January 10, 2024

Jim Campbell, Founder of Honeymoons.com, published an article on Entrepreneur.com that discussed how a domain name acquisition “resulted in a 7x increase in traffic and a 10x increase in revenue.” For someone like myself, this article reinforces how an exceptional category defining domain name can be transformed into an authoritative brand name in its industry.

According to the article, the Honeymoons.com domain name was acquired in July of 2023 “for mid-six figures.” Prior to the acquisition, the company had been using the less-than-ideal HoneymoonGoals.com domain name. Some of the benefits of acquiring Honeymoons.com that were cited in the article include:

Afternic

Elliot Silver

January 9, 2024

Automated Lease To Own (LTO) deals at scale are a nice innovation for selling domain names. I like the passive income produced by my LTO sales, and if a buyer defaults on a deal, I get the domain name returned to me. Dan.com introduced automated LTO deals at a scale, and Afternic began offering LTO deals to buyers in the second half of 2023.

At the end of November, I closed my first LTO deal via Afternic. The domain name is being acquired for $4,999 on a 12 month payment plan. The buyer paid on November 27th, and the first payout was sent to me on November 29th. Because Afternic utilizes the Dan.com payment schedule, the second payment was scheduled to be made to me on January 7th. I assume the buyer was obligated to pay on the one month anniversary – December 27th.

Domain Industry News
Domain Sales

Elliot Silver

January 8, 2024

Efty has become known as a platform that enables customers to utilize customize domain name landing pages to sell domain names and track their leads. Efty customers would then choose a third party payment and transaction platform – like Escrow.com or Dan.com – to close their deals.

This afternoon, Efty announced Efty Pay, a “frictionless domain name transfer engine” that will enable customers to transact within the Efty ecosystem. The benefit to customers is the ability to transact directly within Efty’s platform at an equal or lower commission rate to third parties. The company is expecting to launch this offering soon, but a firm date hasn’t been announced yet.

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Elliot Silver on Rick Asks on X ‘Accept or Counter?’May 2, 2024
I don't think the name was shared. I was saying that knowing the domain name could allow people to get…
Ira Zoot on Rick Asks on X ‘Accept or Counter?’May 2, 2024
Hi Elliot, Hope things are well. Have a question you ... you mentioned knowing the domain. Was the domain mentioned…
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I think it is better to accept the offer received if it reaches the minimum you wanted to sell the…
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DomainInvesting.com

DropCatch Listened to Feedback

Jim Campbell Discusses Honeymoons.com Success

Cybersquatting Always Going to Harm Reputation

Honeymoons.com: Domain Name Led to 10x Revenue

Afternic Should Improve LTO Communication

Video: Efty to Launch Efty Pay

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