Network Solutions, Backorders & Parking Revenue
August 1, No CommentsA couple of hours ago I won another NameJet auction – nothing new there. However, the domain was registered at Network Solutions. Alongside the NameJet auction email was another one from Network Solutions telling me that I’d won the name and that it was renewed and transferred to my account – good.
Like a kid in a candy store, I quickly visit the Network Solutions website to check that everything is ok – but I can’t – their web site isn’t accessible. Grrr… Unfortuantely I can’t make any DNS changes to park the domain name. But then again, should I even have to? If you use Snapnames, you can go into your settings and nominate default DNS servers. Not in this case – I won using NameJet! Network Solutions has my beautiful domain name, parked with their ads! Noooooooo!
Lets look at their cashflow model:
- Sally buys name at Network Solutions = $$$
- Sally doesn’t renew her name
- Network Solutions provides NameJet with the ability to auction the domain name = $$$ ?
- John wins the auction and pays NameJet = $$$
- The domain name is parked at Network Solutions until the owner changes the DNS = parking $$$
- The domain name is renewed by the new owner = $$$
How the role of a domain name registrar has changed!
What The Future Holds For Domainers
March 17, No CommentsThe domaining industry is still in its infancy. With that, comes a variety of issues that impact upon private domainers, domaining companies and those that feed from the industry. Some of the issues that come to mind include:
- Lack of understanding of the industry amongst the media and the general public.
- Introduction of legislation by governments.
- Trademark and copyright issues.
- Lack of active industry associations.
- A few bad eggs….
Over the next few weeks I’ll be discussing these issues at length and what we can do as individuals and as a group, to combat these threats.
