For Sale Namewinner raising minimum bid to $40

Momentum · May 26, 2004

Hi guys, most of you have probably received this same email but for those of you who haven't here it is below. Namewinner will now be raising minimum bids from $8.75 to $30 (for current customers) and $40 for new customers.

Dear NameWinner customer,

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*** IMPORTANT MESSAGE REGARDING NEW STARTING BID PRICING ***
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Since launching in August 2001, NameWinner has grown to become one of the largest and most successful expiring domain name sites on the Internet. With a unique auction model and high-powered domain grabbing technology, we've been able to successfully register thousands of valuable domain names for you the instant they became available again for registration.

In order for NameWinner to continue this success in a very competitive environment, it has become necessary for us to raise our starting bid pricing. We have avoided raising our prices for a long time (and in fact have lowered prices over the years), but the nature of the secondary market requires that we continually update our technology and add new partners to help us grab these high-value domain names to remain competitive.

Beginning Friday, May 28th, starting bids will be $40.00. Current NameWinner customers will be grandfathered in to this new pricing structure at $30.00. Everything else about the NameWinner auction model will remain unchanged.

NameWinner owes much of its success to loyal customers like you. Our goal is to continue being the leader in the secondary domain name market, consistently grabbing great expiring domain names for you every day.

Momentum · May 26, 2004

I always thought it was kind of funny that they would catch domains for $8.75 or almost half the price of their $15 retail domain registration fee.

Maybe their catch rate will be better now that they don't have to expend resources on catching the $8.75 to $20 domains?

But this is definitely more bad news for the small budget domain speculator. It seems that eNom is the last refuge for the small spenders! Will a new venture open up to capitalize on this opportunity? Probably not :disappoin