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Hi All.
Just a further thought on this. Maybe I can ask you guys, what you would like us as a registrar to do with these names (Bearing in mind the registry won't take them back and deny future resale. We've tried that route in the past!).
The reason I ask, is that if we simply let these names expire, then they just come back on the open market and are available to re-purchase through normal channels. So I see our options as:
1) Retain names till expiry and let drop (Then others will re-buy)
2) Retain names till expiry and offer for sale at near to cost price (Say $20)
3) Retain names till expiry and offer for sale at premium price (Per listing).
4) Retain names indefinitely until brand owner asks for them (Liability and cost for this should sit with original registry so not really an option).
I guess what I'm saying is that the registries won't take them back or block them from future resale, so the registrar can't really win. If we take option 1, then we shift the problem, not address it, if we take option 3 then the community perceives us as profiting from them, but unfortunately someone will, so is that a valid reason.
If we take option 2, then we are still trading the name but making less money (Why would we do that?). Arguably, I guess option 2 would actually encourage sale as lower price.
So, on first looks it would seem Option 1 is the best solution, but experience tells me it isn't, we just place them back into the hands of the wrong people who buy them as drops. Therefore, 3 actually might be the best here as if someone is crazy enough to buy a TM at a high price, they might get their fingers burn't and pushed out of the market for the benefit of all of you.
If you have the time, I'd be interested in your sensible suggestions. I can then take them to my meeting on Monday and hopefully make the best decision for all. One thing I want to be very clear about guys, is that I joined this thread to do the right thing for our business and YOU (Who have made our business!!).
What I'm trying to establish I guess is what is the right thing to do so we can do it!? A part of me feels that actually this issue is much wider and really should sit with the registry's themselves who a) Make the names available in the first place post Sunrise and b) do nothing to mitigate their re-sale when bought to their attention.
M
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