Enjoy unlimited access to all forum features for FREE! Optional upgrade available for extra perks.
Daily Diamond

Domain Name Wire Would this incentivized auction model work in the domain name business?

DNW

Level 4
Joined
May 21, 2024
Messages
121
Reaction score
18
Company pitches a model that provides an incentive to place bids. Picture this: you’re bidding in a domain auction. It goes on for hours, and you end up capitulating to some other domain investor. But you don’t walk away empty-handed. That’s the idea behind GBM’s auction model. The company’s auction technology incentivizes people to bid […]

Post link: Would this incentivized auction model work in the domain name business?

© DomainNameWire.com 2024. This is copyrighted content. Domain Name Wire full-text RSS feeds are made available for personal use only, and may not be published on any site without permission. If you see this message on a website, contact editor (at) domainnamewire.com. Latest domain news at DNW.com: Domain Name Wire.

Continue reading...
 
Domain Days 2024

D Haynes

Level 1
Joined
Jul 31, 2021
Messages
20
Reaction score
20
I like the idea of paying as you bid to root out shill bidding. Would work better if they allowed a credit card on account that was charged and refunded so you didn't have to have any cash preloaded into your account.

I don't see how it would get higher auction prices for domain names though.
 

The Rule #1

Do not insult any other member. Be polite and do business. Thank you!

Members Online

Sedo - it.com Premiums

IT.com

Premium Members

MariaBuy

Our Mods' Businesses

UrlPick.com

*the exceptional businesses of our esteemed moderators

Top Bottom