If two offers for the same price are made by different clients, the first client to make that offer will be elected the winner. The same goes for whoever hits the BIN price first.

What this means is you will no longer need to monitor the bidding all day – you simply enter the price you are prepared to pay for the domain name, and walk away to get on with your business. When the auction closes at 2pm, you will see if you placed the highest offer, or hit the BIN price first. This also completely negates snipe bidding, which has been a common complaint and frustration for many of our clients.

We will publish that days prices from 2pm-3pm on our usual auction page, however once the new auction starts, we will only publish sales over $1,000. We think that publishing prices less than $1,000 may have a negative effect on the domain market, and as many of our clients have stated hurts potential resale opportunities. Our daily email will go out to all as usual, but include every domain sale for that day, so you will always have a record.

So, again these changes will come in to effect on 21st October when the auction reopens at 3pm (Sydney time), we hope you enjoy our latest trial of format.

The format failed to achieve the objectives I set for it in October 2012. Even though it performed well on volume it never gained much traction in achieving prices comparable to the Offer / Counter offer process in the Domain Catalogue. We tried our best to increase the number of eyes seeing the auctions by merging them with the popular expired domain auctions but they still failed to gain significant traction.

I will be contacting sellers with current listings to discuss their options moving forwards after cancelling their listings. I will also assist any current buyers with bids on existing listings to make an offer to purchase from the seller before cancelling the listing.

We did notice a large volume of smaller sales so I will be re-introducing the “bargain basement” category to the For Sale / Domain Catalogue which will include any domains with a buy now price of < $101 for anyone looking to make a quick sale.

You’ll notice the Auctions page each domain now has a hyperlink to a single page view. This shows the domain broken down in to it’s simplest view, whilst having all the information you would ever require, just a short click away on the same page.

You can read about the different bid options here Bids and Offers on Netfleet.

We hope the return of this old feature works well for seasoned domain investors and new comers alike

Thanks
The Netfleet Team

We’re happy to say that business is booming! In November, as you will know, we integrated our aftermarket domain auctions into our daily snapper auctions for expired domains. The rationale was that it seemed that the expired domain auctions were stealing the limelight when there were some great names being put up for sale by you, our members, that deserved more attention.

We also made it completely free to add reserves if your name is at Netfleet meaning there’s absolutely no risk in listing even your best domain names and testing the market.

These changes had an immediate impact. From a rather meager 29 aftermarket sales in October, we recorded 106 in November. The momentum held and December, January and February all showed strong monthly increases with the numbers of sales 188, 274 and 319 respectively.

Count of Aftermarket Sales

Whilst the auctions have proven to be the big driver for aftermarket sales, the standard listings have also seen a jump in activity albeit a bit later. From just 8 standard listing sales in December, we saw 21 in January and 23 in February. Importantly, the standard listing sales have consistently significantly achieved higher prices per domains with the total value of these 44 sales over the last two months amounting to $48,892.

Suffice to say that aftermarket domains have been booming. Conversely prices at our daily expired snapper auctions have been weak over the last few months. So, it certainly seems to be a buyers’ market on the expired domains and a sellers’ market for anyone holding premium Australian domains. So get your unused premium domains added to the auction or listed in the catalogue now and check out the bargains in today’s no reserve auction!

Anyway enough of the analysis, here is another graph to illustrate the sales. Please ask any questions or let us know your feedback in the comments below!

Value of Aftermarket Sales

We are now offering zero upfront cost Aftermarket Auctions (with reserve prices) if Netfleet.com.au is the registrar for the domain.

To Transfer your domains to Netfleet go to
https://www.netfleet.com.au/transfer.php

We have been running our current format of Aftermarket Auctions since November 2011 so I thought it was time to share some insights into what I have observed in the last 10 months.

• There have been 850 completed sales, with a success rate just under 10%
• 82% of the sales where by 10% of the sellers.
• The most successful sales were the ones with no reserve
• There seems to be a lack of marketing being undertaken by the sellers

To help you with identifying leads to better market your domain names we have also added links to websites which are actively marketing to the keywords contained in your domain names. Just go to

https://www.netfleet.com.au/ama.php

after you have your auctions up and running and click on the icon in the Leads column.

Just a reminder that Netfleet charges only 8% commission on sales from the Aftermarket Auctions and we handle all the invoicing on your behalf. We also offer the Change of Registrant process for cost price ($18.43) meaning you can make the most of your time and money.

This view just got more powerful with the inclusion of Phrase and Broad Search volumes. These are the average monthly local (AU) searches per month according to Google Adwords. This additional data will compliment the existing Exact Search volume, Estimated Cost per click (CPC), Domain Authority (DA) and Competition (Comp) data.

If you have not used this view before then be sure to check it out and see what you have been missing.

Just click the icon that looks like a spreadsheet . Or use one of the links below.

https://www.netfleet.com.au/auction/snapper

https://www.netfleet.com.au/aftermarket-auctions-detailed

For a detailed explanation of the metrics click the icon which looks like a graph . Or you can checkout our Support Center article below.

http://www.netfleet.com.au/support-centre/35/Guide-to-Domain-Metrics.html

You can view our Guide to Domain Metics which explains exactly how each metric is gathered, and how they help you as a buyer decide which domain names you want.

We have also  added search functionality, and the ability to jump from auction to auction.

https://www.netfleet.com.au/aftermarket-auctions

Thanks

Mark

We are pleased to announce the long awaited relaunch of our popular Aftermarket Auctions platform on Netfleet. Quite different from our previous platform, we now have the ability to run multiple auctions at any one time. What’s more, is that each seller is given the option to choose their own, unique URL displaying only their domain names for sale. Sellers can also choose the length each domain name will run for.

All auctions will feed in to our Aftermarket Auctions – Hot Domains as they approach the close of auction, plus we will include other ‘Hot Domains’ in this auction.

Another exciting addition to the Aftermarket Auctions is an extended bidding feature.   Essentially, any bid in the last 5 minutes for a domain name, will extend the auction for a further 5 minutes.    This hopefully is a great step to eradicate snipe bidding on the platform.

Further details on this can be found in our newly reorganised Support Centre which details importantly articles such as the How To Guide – Aftermarket Auctions and Terms & Conditions – Aftermarket Auctions

A further improvement is upon sale – the domain name will enter the Netfleet Assisted Sales process whereby we will help both buyer and seller complete the sale, including acting as an agent on behalf of the seller in selling their domain name, receiving funds, monitoring change of registrant, and subsequently releasing funds.   Further details on this can be found in the How To Guide – Netfleet Assisted Sales and Terms & Conditions – Netfleet Assisted Sales

Please let us know if you come across any bugs, or have any questions on the whole process

All the best,

The Netfleet Team