Aussie Registrar Partners With Auction Site = A New Force In The Domaining Industry

This one is hot off the press and will be of interest to all those Aussies in the .au space, as well as those wanting to diversify their portfolio. Both Netfleet (new .au marketplace) and Netregistry have formed a joint venture. Here’s what they bring to the table:

• Netfleet reports that it has 7,500 quality domain names and has sold more than $40k of domains in the few months its been operational. That’s quite good for a new site – especially in the .au space.

• Netregistry has a customer base of 250,000 businesses. Its privately owned and has 80 full-time staff including developers, engineers, service and support specialists.

CEO of Netregistry, Larry Bloch made an interesting comment that resonated with me – “most people do not even realise that domain names are now tradeable assets so it’s a question of creating the industry as well as satisfying the demand.”

The other comment that reflected both the infancy of the industry and the opportunity, was made by David Lye, GM at NetFleet “its not enough to have hundreds of thousands of listings, but we also need to have a steady stream of transactions which will in turn help the market find a footing.” Its good to see some real business logic being applied to the domaining industry.

If you haven’t checked out the Netfleet marketplace, go over and take a look.