NameJet and SnapNames Combine Resources to Dominate Drop Catch Segment of Domain Name Aftermarket
(PRWEB) April 11, 2016 -- Beginning today, [NameJet and SnapNames will be combining backorders for pending delete domain names on both platforms into a common drop-catching and auction engine. NameJet and SnapNames together represent a large segment of domain registrars including Network Solutions, Enom, Register.com, and Name.com. With their combined resources, a substantial improvement in drop-catch efficacy across both platforms is expected. This will result in customers being able to acquire more of the domains they wish by placing a single backorder on either platform with a higher probability of success.
If more than one backorder is placed from either platform on a domain that is caught in the drop, it will move to a private auction where both NameJet and SnapNames bidders may participate. Minimum bid increments and proxy bid rules for pending delete names on NameJet have been modified to match those of SnapNames in order to provide a consistent customer experience. This integration will not affect NameJet’s exclusive registrar expiry or private lister inventory.
"We are very excited to integrate with SnapNames for the drop,” said Jonathan Tenenbaum, General Manager of NameJet. “This is a natural fit and we think it will be great for our customers. By utilizing and supplementing SnapName's industry-leading resources, we will greatly improve our drop catching efficacy and give our customers the best opportunity to catch dropping domains on NameJet."
“We are always looking for ways to leverage our power in the drop to better serve the industry and create a positive experience for our customers,” said Michael White, VP of Operations for SnapNames. “Building the bridge between SnapNames and NameJet will improve success rates for customers across both platforms.”
About NameJet:
NameJet, LLC, a joint venture between eNom, Inc., a subsidiary of Rightside (NASDAQ: NAME) and Network Solutions, LLC, a subsidiary Web.com (NASDAQ: WEB), is the world’s leading domain name auction platform. Launched in 2007, NameJet has since processed more than 200,000 domain auctions on its award-winning and easy-to-use website. With an exclusive inventory of expired and deleted domains from several of the largest registrars, plus top-quality premium name listings and drop-catching services, NameJet is the industry’s most trusted auction and aftermarket services provider.
About SnapNames
SnapNames is the web’s domain name marketplace of choice throughout the world. We pioneered the first commercially available and patented technology for backordering registered domain names with our patented ‘drop catching’ technology. Together with our partners and award-winning platform, we offer a selection of over 30 million domain names annually at price points to meet any budget. Our goal - to help our global customers get the domain name they want, when they need it! SnapNames is a Web.com company (NASDAQ: WEB).
Scott Pruitt, NameJet, http://www.NameJet.com, 904-251-6266, [email protected]
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