New GoDaddy closeouts pricing - Will you still buy as usual?

[DNabc]

As you may know Godaddy changed their closeout section pricing.
Instead of being $5 each (or $4 each if you buy at least 5 domains) their prices now start at $9 and go up to $5 (a dutch auction that decreases $1 per day).

This means that you will pay around twice as much if you buy a domain the same days it goes to the closeout list.

For me it means I will buy a lot less domains from them, sometimes I bought some domains I wasn't REALLY interested just to get $5 pack discount. 5 domains would cost me $20 plus renewal fees, and they will now cost me $45 (plus VAT that I have to pay).

Resuming: I will not buy as many domains as in the past, what about you? Please vote.

 

[Steven]

Probably not.

 

[cmason]

I was shocked by this today...unfortunately I see myself going for the $9 domains once they move from expiring to closeout. Damn you GoDaddy!!

 

[ecalc]

The dutch auction may depress closeout name quality by causing better borderline names to attract $10 expiring bids due to the new risk/reward of waiting for closeout, but other forces continue to drive good names thru the cracks - Verisign reg fee bumps, Freshdrop GD expiring tool no longer free, macro economic weakness... I voted no - change is constant, roll with the punches.

 

[Name Trader]

It becomes a tad more nerve-wracking, that's all. All you got to do is wait out the five days and buy them at the same price as before. I'll be buying as before. OK. I might lose a couple on the way down to $5, but that's ok.

 

[cmason]

It becomes a tad more nerve-wracking, that's all. All you got to do is wait out the five days and buy them at the same price as before. I'll be buying as before. OK. I might lose a couple on the way down to $5, but that's ok.

Exactly...if you didn't want to to jump in at $10 to ensure ownership before, then this change shouldn't be that major. Just going to require some more time/money management.

 

[DNabc]

I can tell you that since then I haven't bought a single one, have gone another way. And I've bought hundreds and hundreds of closeout domains in the past.
Maybe I'll take a look again, but in these last weeks I haven't went there a single time.

 

[SpareDomains]

I bid the $9 and got 1 last week, was one where it was the singular of the plural version I already own so I wanted it plus it joins a set of 11 other similar domains I own, it popped into my account last night so yes I will pay the $9 on ones that I really like, if it's not a gotta have domain I may wait until it drops but I think on most I will just pull the trigger early as I have zero patience when it comes to acquisitions and $9 over $5 isn't a deal breaker, selling I can wait years but buying if I'm interested gotta have it now.

 

[DN_Hunter]

I won't be buying "as many", but I have bought a few at $9/8/7.

From another point of view, I have seen a few names drop from 9 to 5, and then decided NOT to buy it at 5 because nobody else was interested in it....

hehehe, it's a catch-22 because if anyone is interested, they would scoop it before it gets to 5 :o

Reminds me of the Yogism:

"That restaurant is too crowded so nobody goes there any more..."

 

[DNabc]

Of course that if we see something we like we will buy it asap, my idea was just buying as usual.
I used to buy dozens of domains per month, because each domain would cost me around $12.3 each (renewal included). Now good closeout domains will cost me at $9 + $1.8 (VAT) + $7.5 of renewal (something like that, depending on the coupon) = $18.3 , almost 50% more, too much on my idea.
I stopped buying the less than good domains that I usually bought at GD auctions just to make 5 domain packs (closeout price for each would drop from $5 to $4).

 

[SpareDomains]

for me godaddy has never been something where I have bought in mass quantity, I usually have a stalk list and then go grab the godaddy ones there when they hit expiration, I can see how it might effect you though if you do pull down that many a month, comparing to snapnames or namejet whether I see 1 or 50 I like I'll take $9 over the other options, I don't get hit with (VAT) so I guess that makes this new pricing even worse from your end.

 

[Name Trader]

Coupons, you still get the $1 discount if you buy 5 domains, whether they're at $5 or $9, or any amount in between.

 

[DNabc]

I had the idea that they would keep the group discount, I just haven't checked with them since, a 100% expense raise (almost, taking in account that I will pay VAT on a higher price) just wasn't on my plans.

I also asked many times when would we resellers would have TDNAM / GD Auctions access through our accounts, not Godaddy, but never received a reply, one other reason to use them less than I used to.