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Domain Monster premium domains

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mat

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Today I noticed when searching for domains, that they now hold "premium stock" which you can buy for £1750 each or lease monthly for £50

Bit strange how many major company TM domains they own..........
 
Another good one:
comparethemarket.asia
 
£7,500 for "comparethemarket.asia"
i wish i hadnt let "wayne.asia" drop i could be a trillionaire :(
 
I didn't think Sedo allowed TM domains? Maybe Nominet should be informed?

LOL...
 
I didn't think Sedo allowed TM domains? Maybe Nominet should be informed?

LOL...


Non of the domains are .uk, Rob has created a thread to Sedo in the Sedo forum, see what they come back with :)
 
Hi All.

This is our first stab at listing our stock of domains, so your comments are welcome. Just thought I'd offer a little insight on this one for you! Our "premium" stock comprises of 1500 or so odd names that we accumulate daily through fraud and a couple of other avenues. Fraud is the single biggest industry in the registrar market by the way! If you are going to commit online fraud, you start by buying a domain name and you don't use a good card or address! We don't catch all in time so get stuck with them.

The search and download file doesn't contain all of them, but they all appear as "premium" in regular search results. Right now, "premium names" probably show varying content, but we intend to fix that, watch this space..stage 1 was listing them!

90% of these we offer at around the $20 mark (What it costs us to hand them basically, otherwise we simply drop them when they get to renewal - Again, we don't list these persay, only if you stumble upon one in search results - Mainly nonsense fraud purchases). The remainder we do consider premium and attach the price we are looking for. If you think, its too much, make us an offer, we have to start somewhere!!

In terms of TM domains, we'd give them up in a heart beat. We don't intend to sit on them and I think there is only a couple in that list. I don't know the story to each one, but my guess is user registered TM domains in a launch, then realised and contacted us saying he doesn't want them, so they get put into here. If the brand owner were to contact us, we'd hand it over within the hour, no question. We are gamekeeper not poacher for sure and intend to always stay that way.

If you check out our ICANN and/or Nominet compliance record you will see its faultless and we've had some interesting UDRP processes to join the party on; Lufthansa, Virgin and Hoover all spring to mind as recent ones.

I played with the SQL injection comment and couldn't replicate. So it was either a schoolboy error that has since been fixed or feel free to tell me some more.

Thanks for comments and hope you like the expired domains stuff too at Expired Domains. Domains that are expiring, dropping and deleting in the next five days.. We've got quite some list on how we want to improve this even further (Stored search matches, sort by length etc etc), but again, Stage 1!

Thanks all and please feel free to send us your comments on twitter.com/domainmonster or [email protected].

Rgds,
Matt Mansell, CEO
 
Hi Matt,

Our "premium" stock comprises of 1500 or so odd names that we accumulate daily through fraud and a couple of other avenues.

I had to re-read that twice :)


The remainder we do consider premium and attach the price we are looking for.

...

In terms of TM domains, we'd give them up in a heart beat. We don't intend to sit on them and I think there is only a couple in that list. I don't know the story to each one, but my guess is user registered TM domains in a launch, then realised and contacted us saying he doesn't want them, so they get put into here. If the brand owner were to contact us, we'd hand it over within the hour, no question. We are gamekeeper not poacher for sure and intend to always stay that way.

In the downloadable list it seems someone has filtered the names and attached prices from $100-$100,000 .

Going by the above anything over $20 would have had a price 'attached' and thus 'considered premium'? If so it could be worth re-checking these names and the processes that had them listed for sale with the prices on your site:

playstations.asia $15000
comparethemarket.asia $7500
ralphlauren.me $7500
sonyplaystation.asia $1750
sonypsp.asia $1750
sonytv.asia $1750
 
Hi Rob

Until such time as the relevant brand owner wants that name, they are premium I'm afraid. No matter how moral we as a registrar about TM's there a lot of customers that do buy up TM's and are willing to pay a premium to do so. Its not our job to play sheriff, but supply the market with their demand. The registry's don't' hold them back at source and do allow them to auction at high value during TLD launches so the channel (eg: registrars) will of course do the same.

The important part is that we don't go about acquiring TM's and never will. We literally get stuck with these names, recognise that someone will pay a premium (Appreciate you guys won't, but we have them in the first place right!), so offer them back up for sale until such time as they drop. Any TM names will never renew with us, just see out the current shelf life.

In terms of the parking on these. They absolutely shouldn't be parked as TM's and I'll get this resolved. I can't speak specifically for SEDO, but its a key requirement of most ad partners, so we need to get this addressed. I would imagine their Name Servers have just remained un-touched since fraud or title passed over to us, so they all need reviewing and this will be done by our team early next week. We need to smarten up our process of placing them in premium domicile and this will come shortly.

Hope that helps some more! Rgds, Matt
 
I wish people wouldn't come on here suggesting they have an excuse for dealing in TM domains. That's not doing any of us any favours in this market place. Especially right now.
 
Hi Rob

Until such time as the relevant brand owner wants that name, they are premium I'm afraid. No matter how moral we as a registrar about TM's there a lot of customers that do buy up TM's and are willing to pay a premium to do so. Its not our job to play sheriff, but supply the market with their demand. The registry's don't' hold them back at source and do allow them to auction at high value during TLD launches so the channel (eg: registrars) will of course do the same.

The important part is that we don't go about acquiring TM's and never will. We literally get stuck with these names, recognise that someone will pay a premium (Appreciate you guys won't, but we have them in the first place right!), so offer them back up for sale until such time as they drop. Any TM names will never renew with us, just see out the current shelf life.

In terms of the parking on these. They absolutely shouldn't be parked as TM's and I'll get this resolved. I can't speak specifically for SEDO, but its a key requirement of most ad partners, so we need to get this addressed. I would imagine their Name Servers have just remained un-touched since fraud or title passed over to us, so they all need reviewing and this will be done by our team early next week. We need to smarten up our process of placing them in premium domicile and this will come shortly.

Hope that helps some more! Rgds, Matt

Hi Matt,

I must say I am a little suprised by that reply, as basically its saying you are happy to profit from TM names but will hand them over / not renew them.

Cybersquatting and Typosquatting (from Domainmonster.com)
&
Cybersquatting Domain Names (from Domainmonster.com)

"In summary, cybersquatters and typosquatters are unethical companies and individuals that want to profit from your family’s and your own confusion and spelling mistakes."


As above, by offering them for sale to someone who is *not* the rights holder is simply encouraging others to cybersquat - surely that cannot be a good thing?

Cheers,
Rob.
 
I am also suprised. I have been a domain monster customer for years now, your service has been outstanding and very professional.

I find it hard to understand why you would risk that image over trying to sell a few TM domains.

From the outside it doesnt look good. It gives the wrong impression of how you go about business.

Is it worth it?
 
This isn't anything un-usual guys. The registrys release TM domains not taken in Sunrise and consumers buy them. No registrars can say they don't sell them; of course they do if they are available to sell! If the registry says its available, then the consumer can buy it.

The important bit here is we don't intentionally "trade" in TM's and don't want too. However if we have stock we get left with, of course we are going to sell them to the highest bidder (TM Brand owner excluded per earlier post). Thats business and why we end up with these names in the first place.

I'll leave you guys to debate this now as think I've probably offered you all I can now. Furthermore, I will promise to take this away and discuss this with the product team on Monday. Mathew makes a good point, is it worth a) this debate and b) our reputation over 6 names out of 1500 that we aren't passionaility interested in anyway. Maybe we should just take them out of the offering and heed the communities view that ultimately feeds our families.

We appreciate your business as always. Thank you for the kind comments I've seen here and for the Private Messages. Much appreciated.

Rgds, Matt
 
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
 
I would say option 1. I understand your problem that you are left stuck with them, but best option in my opinion is to simply forget about them and let them drop.

Its out of your hands what happens after they drop. Atleast your hands are clean and you havnt been profiting from it.

I honestly think if you try and sell them it will damage your image and secondly I dont think anyone in their right mind would pay premium prices for TM .asia's and .me's etc anyway, in which case you will be left to drop them!
 
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Also, alot of people are not aware of domain name TM rules. They may think it is fine to purchase these names as a reputable registrar is selling them with no warning to the buyer.
 
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