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Above.com Sharing Profits But They Were Not The First

May 30, 2013 by Raymond Hackney

By: Raymond Hackney

There was some news out today about Above.com and TheDomains.com specified the announcement as Above.com  being the first registrar to share profits with their customers. Above.com is planning to give 60 % of the proceeds from expired domains that are auctioned on their Above.com marketplace. This is certainly cool but they are not the first. Back in the day Network Solutions actually shared some profits and then Fabulous.com rolled out their program.

I let zztv.org on Fabulous and it was purchased at NameJet which is where Fabulous expired inventory goes. The name was picked up with just one bid of $69. I received 60 %

On 5/27/11 I received an email:

Dear Raymond Hackney,


Congratulations, your domain(s) is sold!


ZzTv.org Sale price: $69.00 USD


To view the status of this transaction, please login into your
Fabulous.com account, and click on Sell/Buy, or click on the link below:


https://secure.fabulous.com


If you have any questions, please don't hesitate to contact us.


Kind regards,


Fabulous Aftermarket Domains


support@fabulous.com

Now if only Go Daddy would implement this, Domainers may declare that day an International Holiday.

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Filed Under: Auctions, Fabulous.com

About Raymond Hackney

Raymond Hackney has been involved with domain names since 1997. One of the most prolific writers in the domain industry and founder of TLDinvestors.com and 3Character.com

Comments

  1. Dman says

    May 30, 2013 at 9:40 am

    Thanks for sharing, you would think a press release would be accurate, its not like no one has heard of Fabulous.

  2. Michael says

    May 30, 2013 at 10:00 am

    The press release didn’t say they were the first, TheDomains incorrectly added that.

  3. Raymond Hackney says

    May 30, 2013 at 10:08 am

    Thank you Michael and the post has been updated to reflect that.

  4. Rob says

    May 30, 2013 at 2:35 pm

    I wish Dynadot would implement a similar policy or maybe even bring on some needed competition by offering 65% of the proceeds back to registrants!

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