The “price alignment” that GoDaddy is rolling out across its marketplaces has created a shock and awe effect among domain investors.
Increasing Dan.com commissions to 15% is just the tip of the iceberg, as the Afternic.com supposed drop from 20% to 15% isn’t a reduction of fees; Afternic drops its tiered pricing altogether:
In the past, a domain sold for $100,000 dollars on Afternic would cost $11,500 dollars in fees ($4,000 +10% of amount over $25k). From February 1st it would cost $15,000 dollars in Afternic fees (flat fee of 15%.)
There are many questions waiting to be answered. After feeding the emails from GoDaddy to popular AI chatbot, ChatGPT, we asked it to ask questions and this is what it came up with:
- What is the purpose of the new commission structure being implemented by Dan and GoDaddy?
- How does the new commission structure compare to the one previously in place?
- How does the new commission structure compare to the one currently used by Afternic?
- How will the new commission structure impact sellers who sell a significant portion of their domains on Dan and Afternic?
- Is the 5% commission rate for importing one’s own leads remaining the same under the new commission structure?
- How does using the For Sale Lander options and opting into Afternic’s Distribution network benefit sellers in terms of the commission rate?
- What value does Dan offer to its customers that is reflected in the new commission structure?
- How will the new commission structure impact the average seller who sells 40% of their domains on Dan and 60% on Afternic?
It would be great if GoDaddy representatives answered these fine questions about the fee increase schedule!
