NameSilo

NameWinner Changes

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An email I (and I'm sure you too) got....


Dear NameWinner customer,

Exciting new changes are taking place at NameWinner.com, your source for premier expiring domain names!

Starting soon, we will be giving you even more time and opportunities to bid on great domain names by extending active auctions until 1pm or later in certain circumstances. We are raising the price of base bids but are grandfathering all of our existing customers into the current $8.75 price!

We have also made many improvements to the Web site that have been requested in the past. In fact, we just redid the entire bid and management system. The new site and bidding system will be launching this afternoon. Tomorrow morning (Friday, August 28) will be the first day the new auction system will be in place. Please be sure to familiarize yourself with our online description of the new system by visiting: http://www.namewinner.com/biddingprocess.php.

Here are some of the details:

Minimum Bids

* Base Bid prices will now be $15 (existing NameWinner customers who have made purchases in the past will be grandfathered in at the $8.75 base bid price). In order to get the lowest base bid price, first bids will need to be placed on domains more than four days before the domain deletion date.

* Delete Cycle bids will be $20. If bids are placed on domains set to be deleted within four days and greater than 20 hours, the minimum bid price is $20. However, if the domain is set to delete within 20 hours the minimum bid price will be raised to $25.

Second and Third Bids

* The minimum second bid on all domains is $35
* The minimum third bid on all domains is $45

Bid Timeline

In general, bids can be placed on domains up until 10 a.m. each day just as in the past. The following rules are exceptions which allow bidding to continue past 10 a.m.

* 9:45 a.m. to 10 a.m.: Bids placed in this time frame will automatically extend the auction for 15 minutes. Only customers with a previous bid on the domain can bid during this extended auction.
* Between 10 a.m. and 10:10 a.m., bidding on extended auctions continues in the normal fashion.
* 10:10 a.m. to 10:15 a.m.: Bids placed in this time frame (which will be placed on domains already in the extended auction) will cause the domain to be placed in a private auction at 1 p.m.
* 1 p.m. private auction: All previous bidders for the domain will be allowed to participate in the auction at 1 p.m. for no fee. New bidders can join the private auction for a $50 fee from the time the list is posted to the Web site (approximately noon) until 1 p.m. The $50 fee will go towards the domain if you are the successful high bidder at the auction close. Bidding on domains in private auction will stop after 15 minutes passes with no bidding activity. At that point, the current high bidder wins the domain.

If you have any questions, please visit www.namewinner.com for all the details.
 
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The views expressed on this page by users and staff are their own, not those of NamePros.
NameWinner has just been placed on my $hity list :( hopefully Pool, which I dont use, will continue to kick their butt, they deserve it after this crap.

Mike
 
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I feel that more and more drop catcher trying to have include auction to namedrop.

Usually, domainer catch a name at a fixed price no matter how great the domain is then resell it away.

Now drop catchers also want to have higher profit, by auctioning the catch, so great domain can earn them a higher profit than the normal fixed price.
 
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Wohoo! a little better....

Dear NameWinner Customer,

As we e-mailed you several days ago, we updated the NameWinner auction
system and bidding interface with many new rules. Many of you told us that
these rules made the system more complicated and harder to understand.
Well, we're listening and went back to the drawing board to simplify the
process.

We have just put online the following new changes to the bid system:

- We have eliminated the private auction.
- All auctions end at 10 a.m. PST with one exception. If a customer is outbid on
a domain in the last 5 minutes of the auction, the auction for that name is
extended for 10 minutes until 10:10 a.m. PST. The auction is then over at
10:10 a.m.
- We have simplified the bid increments. There are no more tiered
increments. All bid increments are now $10.
- We have reduced the price on second bids from $35 to $30 and have
eliminated the $45 third bid requirement.
- You can now bid your grandfathered $8.75 base bid price on deleting
domains up until 20 hours before they delete. Within 20 hours we have
lowered the price to $20.

We hope that these changes make for a great NameWinner experience. If not,
we always want to hear your feedback so we can make the best possible online
expiring domain auction system. We have added several new partners for
grabbing domains over the past week and we have several more coming online
any day. We thank you for all the support that you've given us while we go
through these improvements. Please, if you have questions, don't hesitate
to ask.

Happy Bidding!
Your friends at NameWinner
 
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Registrar's have been getting killed on the fixed price backorders for some time, they need the extra revenue they make from the drops to make up for the low profit they make on new registration's., Why partner with snap or any other fixed price drop system, and get a percentage, when they can partner with pool, NW, or any of the other drop auctions system's (most of us here probably use a number of them), and still get a percentage, but a guaranteed much bigger piece once the auction is over and the dust settle's., of course by then the name is close to end user price. This make's the push for WLS alot more shiney IMHO


On a side note: I have been getting killed on the NW private auctions.
 
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