Tuesday August
10th, 2004
SnapNames changes to auction system
SnapNames, which had recently suspended their reseller program for domain backorders, has now suddenly announced a switch to a auction based system instead of their previous "first come, first served" model.
SnapNames was one of the strongest backers of the highly controversial Wait-Listing Service (WLS). This move is considered a complete about-face to their previous beliefs.
SnapNames' website now states: "You pay a success fee only if we successfully acquire a domain name for you. In the event of multiple back-orders for the same domain name, we'll conduct a short auction, and the winning bidder will be awarded the name." This is the email SnapNames sent to current customers:
SnapNames was one of the strongest backers of the highly controversial Wait-Listing Service (WLS). This move is considered a complete about-face to their previous beliefs.
SnapNames' website now states: "You pay a success fee only if we successfully acquire a domain name for you. In the event of multiple back-orders for the same domain name, we'll conduct a short auction, and the winning bidder will be awarded the name." This is the email SnapNames sent to current customers:
Over the course of the past year, the domain name marketplace has changed dramatically. Accordingly, SnapNames has elected to update the way we capture deleting domain names and make them available to you.
Effective immediately:
* Our back-order service will require no up-front fee. You can back-order valuable domain names at no charge.
* You pay a success fee only if we successfully acquire a domain name for you.
* In the event of multiple back-orders for the same domain name, we'll conduct a short auction, and the winning bidder will be awarded the name.
Customers with existing SnapBack® subscriptions will, of course, receive credit for their subscriptions. For more information, please see our FAQ section.
We look forward to continuing to serve you.
Effective immediately:
* Our back-order service will require no up-front fee. You can back-order valuable domain names at no charge.
* You pay a success fee only if we successfully acquire a domain name for you.
* In the event of multiple back-orders for the same domain name, we'll conduct a short auction, and the winning bidder will be awarded the name.
Customers with existing SnapBack® subscriptions will, of course, receive credit for their subscriptions. For more information, please see our FAQ section.
We look forward to continuing to serve you.
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