Club Drop Raises Minimum Bid to $60

[webfreak]

After careful consideration, we believe the fairest and most cost-effective way to improve our success rate in catching high-value names for Club Drop members is to raise the minimum bid. Effective Friday, August 25, minimum bids for all members will be $60; an amount which is competitive with other drop-catch companies and closer to the final price that these valuable names fetch at auction.

 

[typeins]

I actually came to this section to post this exact thing...

What a scam lol.. I mean sure its good if going for premium names it wont make any difference because the bids will be well above that rate anyway..

But i used to love how with clubdrop i could pickup dozens of names for like $25 each..

*sigh* we all knew this would happen with the new owners

 

[RatherGood]

I'm pretty surprised the minimum bids are still at the $60 mark for the other drop catching services.

 

[denny007]

I actually came to this section to post this exact thing...[i/]

Me too

It makes it most expansive drop catching program, because unlike Snap or Pool they charge also reg. fee for the domain, which can be up to $30 for bad accounts.

I loved most the $15 public auctions because I could "steal" others peoples lowball bids. Still with the $30 I bid for a lot of low-profiles domain. With $60 now I can not take those risks and am thinking to get ICANN acredited and make some catching on my own (I am talking low-profile catching, I know I can not beat the pros, but I can beat other domainers on domains which would be too expansive for $60).

 

[Theo]

Registrars should be banned from auctioning domains. Period.

 

[actnow]

Registrars should be banned from auctioning domains. Period.

T,

You know that is not going to happen.

 

[Zaphrod]

Hell, I would be happy if they just put an end to Enom's Extended RGP. Nothing like the register cherry picking. Of course, if you want to talk about a screw job, you only have to look at the new system Godaddy has going.

 

[Preoccupy]

I received the email from them.....No Wonder ! ound:

 

[dcristo]

This drop business is becoming f**ked. If they have to dedicate more resources for the better names, the bidders would be bidding more anyways, so why should it effect everyone. $60 + reg fee for very average names is too much.

 

[cyberrevolutions]

I am sad to see that they raised their prices. I don't think that I would pay a $60 fee for a name unless it was a to die for name. I can't believe that they more than doubled their fees..

 

[Deleted member 2020]

I'm sure that the people asking for more efficiency at the cost of higher minimum bid are in a minority. Although they might be the only ones to contact enom on the subject?

I stopped going for a lot of names on the drop when the minimum bid increased to $30 plus reg fee, and I will go for even less drop names now.

It's a bit sad in some ways, as there is no way now of having a good chance of getting a low quality dropping name without paying at least $60.

I guess that's progress :-(

 

[pelican]

the only winner in drop name game are the registrars.

whether or not (we, consumers) ever ask for more effienciency, they will always try to catch with their every possible resource...because they are catching not for us.. but themselves.

- they try to catch every domain as possible
- during auctioning period, they know which are valuable domains
- they bid the domain themselves as individual
- low quality or useless domain that caught will be paid by (us, consumers) which cover their expenses of snatching other useless domains to test traffic.

anyway, i've already expected eventually enom will raise to similar price as other competitors. especially after the change of management. they wanted to see ROI fast.

And the concept..."why should i sell for less when others selling this product, selling at a higher price and still making money. people will still use as long as there is no strong competition undercut me."

 

[Dale Hubbard]

Registrars should be banned from auctioning domains. Period.

EXACTLY! Conflict of interest reigns here.

 

[jaydub]

Got the same mail....no surprises there.

 

[safatweb]

got same mail to me too

 

[gatorgrad]

yeah I was rather dissapointed when I read the email regarding Club-Drop.... Maybe someone else can step up and provide serious competition for the middle class domains...

 

[domainer111]

Well they could lose on it, they were filling a gap in the market, when I looked at drops I had a list, those worth $60 went to snap/pool and any below this went eNom - but not any more, the cost is not worth it.

 

[stevesko]

am thinking to get ICANN acredited and make some catching on my own (.

Me 2...

Steve

 

[Deleted member 2020]

Well they could lose on it, they were filling a gap in the market,

I agree with you, especially on the filling a gap in the market bit.

 

[flybuzz]

Is it $60+ Reg fee $30 = $90 minimum? That's outrageous! Pool and snapname are $60 with reg fee included right?