In a corporate world where money is the driving force, it’s refreshing to see a domain-focused company disregard that.
Headquartered in economy giant Germany, Sedo is cutting their auction fees to a flat 5% starting tomorrow, citing a greater than usual interaction with the Church.
“It is very accurate”, said managing director Tim Schumacher, smiling.
“We are cutting our fees to 5% down from 10% because we are already the biggest domain-focused company and domain auction house on the Internet. After going to Church this past Sunday, realizing I can’t take it with me, I decided to give a little gift to domainers around the world.”
The new pricing structure for selling domains at Sedo, will thus be an entrepreneurial beacon, attracting domainers and end-users from around the world, equally.
Cutting down fees is an unprecedented move that will bring happiness and joy to every domainer; it’s like early fireworks for the July 4th celebrations! 😀
Is it a coincidence that Schumacher and Schmuck start with the same three letters?
I think not.
Tim Schumacher must have had a meeting with Hank Alvarez.
.pH – Schumacher means shoe-maker and I’m sure Tim wears expensive loafers 😀
Jeff – We’ll find out tomorrow 😉