Afternic: Difference between revisions
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== Business == | == Business == | ||
In 2006, when it was acquired by [http://namemedia.com/ NameMedia Inc.] the site had domain name listings that exceeded 1.8 million. This success was only strengthened by the NameMedia acquisition, as NameMedia also owns BuyDomains.com. This formed a very strong business model, in which domains from BuyDomains could avail of the considerable Afternic aftermarket sales infrastructure. The site has grown significantly since it's acquisition by NameMedia, and now holds more than three million domain names in it's listings, with some domain names (for example, Fish.com) selling for more than a million dollars. <ref>[http://www.domainappraisal.org/articles/afternic-aftermarket-review/]</ref> | In 2006, when it was acquired by [http://namemedia.com/ NameMedia Inc.] the site had domain name listings that exceeded 1.8 million. This success was only strengthened by the [[NameMedia.com|NameMedia]] acquisition, as NameMedia also owns [[BuyDomains.com]]. This formed a very strong business model, in which domains from BuyDomains could avail of the considerable Afternic aftermarket sales infrastructure. The site has grown significantly since it's acquisition by NameMedia, and now holds more than three million domain names in it's listings, with some domain names (for example, Fish.com) selling for more than a million dollars. <ref>[http://www.domainappraisal.org/articles/afternic-aftermarket-review/]</ref> | ||
== Products and Services == | == Products and Services == | ||
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'''Messaging and Mediation:''' The site has an internal communication and messaging infrastructure that allows for communication between buyers and sellers. The site also maintains mediators and arbitrators to deal with issues that may arise between parties to a deal. <ref>[http://www.domainappraisal.org/articles/afternic-aftermarket-review/]</ref> | '''Messaging and Mediation:''' The site has an internal communication and messaging infrastructure that allows for communication between buyers and sellers. The site also maintains mediators and arbitrators to deal with issues that may arise between parties to a deal. <ref>[http://www.domainappraisal.org/articles/afternic-aftermarket-review/]</ref> | ||
'''Appraisal:''' Afternic provides a service whereby they appraise the value of sites offered for sale. This system has been criticized for not being realistic. | '''Appraisal:''' Afternic provides a service whereby they appraise the value of sites offered for sale. This system has been criticized for not being realistic, but there are few automated systems that are. No studies have been conducted with results either for or against the Afternic site appraisal system. | ||
== Recent news == | == Recent news == | ||
Name.com, a domain name registrar, has recently been integrated into Afternic's distribution system, allowing customers at Name.com to sell the names that they acquire on Afternic's extended networks. The new arrangement also makes transfers of such domain names virtually instantaneous, further inducing buyers to close a deal, and so considerably benefiting sellers. Press releases by Afternic.com indicate plans to similarly incorporate other major registrars into Afternic within a few months, though whether or not these plans will be successful remains speculative at the time this is written. <ref>[http://www.dncrunch.com/?p=7896]</ref> | [[Name.com]], a domain name registrar, has recently been integrated into Afternic's distribution system, allowing customers at [[Name.com]] to sell the names that they acquire on Afternic's extended networks. The new arrangement also makes transfers of such domain names virtually instantaneous, further inducing buyers to close a deal, and so considerably benefiting sellers. Press releases by Afternic.com indicate plans to similarly incorporate other major registrars into Afternic within a few months, though whether or not these plans will be successful remains speculative at the time this is written. <ref>[http://www.dncrunch.com/?p=7896]</ref> | ||
== References == | == References == |