The headline is a quote from Paul Nicks of GoDaddy where he accurately posts back at a member on Namepros with regards to Uniregistry and their new wholesale liquidation program.
Vito from Media Branding (who is a friend of mine and a contributor here) posted that he was excited about the new program and wanted to see how Frank would run this new initiative.
Now of course this is a tricky proposition one that I like the idea, but may prove more trouble than it’s worth. Uniregistry obviously wants to buy low and sell high, like any other investor.
Uniregistry now facilitates the wholesale purchase of high quality domain names. In my opinion they are going to get spammed a bunch of what @DomainKing would call pigeon sh*t.
If you have high quality names you are not looking for wholesale pricing, 99% of the time.
This program can work in special situations if someone really needs or desires liquidity, knows they are not going to sell one at a time and just wants a singular deal.
Now the person who Paul replied to was someone that was suggesting people send Uniregistry names they don’t own.
Well guys I would suggest all of you to submit names even if you dont own it, just to check what these guys offer. There is nothing wrong in it.
When uniregistry can announce liquidation sale for our names, why cant we play around.
You are right Paul, domainers can’t have nice things, they are either spammed, abused or run into the ground, it’s easy to understand why some people share nothing of what they are doing.
Paul got that one right, there is always some fool with no common sense. I do wonder how transparent the program will be?
What kinds of names will they get that have any value?
I have many thoughts on this.
Like I said, I really think this is a great idea for a Major MarketPlace to offer any domainers a portfolio buyout.
Why are there a few people criticizing the program? We know nothing at all about it except they are “offering” to buy full portfolios. How can you criticize that?
Frank Schilling is a Rockstar in the Industry. He is an innovator. He created an awesome MarketPlace. I can go on and on here and I am not going to. I just have tons of respect for him and his accomplishments. I am just really shocked at some of the negative comments people are giving him and Uni without hearing a damn thing at all about it yet, except that he announced they are taking submissions from all of us for portfolio buyouts. Maybe these knuckleheads should read a little more about him and Uni.
That one Jackass who suggested to domainers to submit names that were not their own, I think karma will bite him in the ass.
Paul Nicks is another Rockstar in our Industry. How friggen cool is it that Paul is a competitor of Franks in a few different ways but yet he came to his defense as well?! I have always had huge respect for Paul but if it s possible to have more, than now I do…lol
I am glad Paul jumped in the thread and smacked down the Jackass with his more eloquent wording than mine was and new comments would have been. 🙂
I am sure Uni will get slammed w/a ton of crap names.
I am also betting that they will make (1) or (2) big portfolio buyouts that will be publicized. That will only help them get the word out that they are buying and help them get a few more big dog domains.
I really like the thought of having a pricetag on a portfolio we could possibly turn to if need be.
Very intriguing offer here and can’t wait to hear more in the future.
Another cool post Ray.
So, instead of finding a way to compete against Frank, Nicks is here applauding his supposed competitor? What other industry does that happen in?
I’m not against any ideas, or against any company, but, I want competition. I want Godaddy to stop picking winners and losers. If one is not a friend of Nicks, one should still be able to sell a portfolio or domains to or through Godaddy?