The Kiwis Show Us How They Do It

There has been a lot of recent discussion about our (current) sole expired domain name marketplace in Australia – Drop.com.au. Most of this has revolved around a perceived lack of transparency during and after the bidding process; and the incremental levels of bids a bidder may need to place.

There are two obvious facts here. One, it is their business, and they can choose to operate it how they want. Two, until there is another platform to bid on (a competitor), fact one will probably never change.

Here is a comparison of what it could be like

I have always been impressed with the way ExpiredDomains.co.nz run their expired auction market place.

Every screenshot tells a story. Have a look at these, and judge for yourself. I have highlighted one domain supposedly dropping later today / tonight. No further commentary from me.

What do you think?


This article is now closed for comments.

28 thoughts on “The Kiwis Show Us How They Do It

  • Avatar
    May 3, 2021 at 6:08 am
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    This site has been going for a while and it is quite good. But the big problem with it is that it doesn’t always catch names. I have seen domainers in the UK pick up expired .co.nz names before ExpiredDomains.co.nz gets them.

    Full marks for transparency, low marks for efficacy in my opinion.

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    • Neddy
      May 3, 2021 at 6:57 am
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      Agree overall.

      I believe they do win more than they lose though. They are also quite open about competition.

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  • Avatar
    May 3, 2021 at 6:27 am
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    .co.nz domains aren’t like .com.au in Australia, does not have the same level of dominance. Plus, NZ economy is about the size of Victoria’s so that’s why .co.nz domains go for peanuts.

    A good platform, but I prefer Drop’s one better as it keeps the bidder identity private. This actually protects the winning bidder.

    If the bidder is a broker who is securing the domain for a client, this also preserves the privacy of that relationship. I don’t think Rob would want a moniker like RobDBR2021 to show on every bid he made, esp if those domains end up registered to other entities that are clients. The world would also know what domains he didn’t win for himself or clients, eg domains he was beaten on by Luke.

    The NZ site also encourages snipe bidding, which means the domain does not go to the best buyer but to those most familiar with the platform. This is unfair to end user bidders who might be bidding for the first time.

    Drop’s new extended auction feature (extending by a further 5 mins) aims to reduce snipe bidding even further.

    Again, I don’t know where this jihad on Drop.com.au is coming from because it is actually a very user-friendly and fair platform. It seems that the more Drop.com.au has listened to domainer feedback the more antagonistic this blog has become.

    And there is no competitor coming. Competition does not betray its intentions to others inc the biggest mouths in the industry weeks or months in advance.

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    • Neddy
      May 3, 2021 at 7:12 am
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      Oh “Charlie”, you continue to crack me up with your unbridled support of Drop. 🙂

      Despite your protestations to the contrary, it is very obvious to all who read Domainer that you are either part of Drop – or closely associated. But heh, that’s good. We want you to have your say!

      Expired Domains have a good auto extend system. And if you combine this with the ability to have a proxy bid, I personally prefer their way of doing it. Just my opinion.

      As for your last paragraph, let’s see if you don’t end up with egg on your face! But then again, we don’t really know who you are do we? So we won’t be able to see.

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      • Avatar
        May 3, 2021 at 7:47 am
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        I wish Charlie would use his real name. It’s blindingly obvious.

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    • Avatar
      May 3, 2021 at 7:56 am
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      You seem to know a lot about the inner workings of the Drop platform and who wins what…

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  • Avatar
    May 3, 2021 at 7:00 am
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    Good example Ned
    I remember when drop first entered the expired market, they had the auto bid function I thought it was a great idea. You only had to pay the same price as the underbidder if you got in first with your bid.

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    • Avatar
      May 3, 2021 at 7:25 am
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      This is blind bidding and people kicked and screamed even more about this.

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  • Avatar
    May 3, 2021 at 7:19 am
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    Wasn’t familiar with auto-extend on the site, that’s pretty good! My view about snipe bidding on the NZ site now stands corrected, thanks Ned.

    But again, who actually cares what Drop.com.au does? You have announced that you are no longer bidding on Drop.com.au, so what do you care?

    Drop could be doing the auction in any number of ways. For example, a Vickrey auction is the most appropriate auction format for domain names:

    https://en.m.wikipedia.org/wiki/Vickrey_auction

    Just be grateful Drop is not doing Vickrey auctions instead of the current format.

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    • Avatar
      May 3, 2021 at 7:45 am
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      When did Ned publicly announce he was no longer bidding on Drop?

    • Neddy
      May 3, 2021 at 8:00 am
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      Hey “Charlie”, I think you’re missing the point of my article.

      I am not attacking Drop. As I said, it is their business, and they can choose to operate it how they want.

      All I am doing is showing how one Kiwi company does it.

      Yes, I am no longer bidding on Drop out of personal choice. That could and may change – who knows? After all, I am a recovering addict!

      Why do I care what Drop does? Or Netfleet? Or any other registrar? Or auDA?

      Simple answer. It’s because someone needs to be there to highlight both the good and not so good of our domain industry in Australia. I did this when I took over DNTrade years ago; and then with Domainer. The mantle of this obligation passed to Robert Kaay, but I still care enough to write. Do we do it for money? NEVER!

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      • Avatar
        May 3, 2021 at 8:07 am
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        Can I suggest you channel your altruism into hungry kids in third world countries or homeless people instead of doing what no one asked you to do?

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      • Avatar
        May 3, 2021 at 8:16 am
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        Serious Q Neddy:

        Did you get banned from Drop.com.au?

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        • Neddy
          May 3, 2021 at 8:41 am
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          Nope. Hope that never happens either (particularly having once owned it).

          Drop are still the best domain investor friendly registrar out there in my opinion.

          Friends and customers can (and do) have disagreements and differences of opinion. That’s a fact of life. It’s how they are ultimately handled that is important. One force creates another.

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          • Avatar
            May 3, 2021 at 9:10 am
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            Narrow focus on action/reaction means you’re missing extra-causative dimensions a.k.a. opportunity cost or the bigger picture.

            The big picture includes:
            Family
            Health
            Other investment opportunities

            For example, your profitless 1,500 hours on Domainer over the years could’ve been spent investing in Bitcoin, or even just some great .com.au or .com domains.

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            • Avatar
              May 3, 2021 at 10:22 am
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              Oh no! I just realised I wasted my life at domainer.com.au. Thanks Charlie. Is it too late to get the Bitcoin?
              WAR IS OVER. IF YOU WANT IT.

  • Avatar
    May 3, 2021 at 9:44 am
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    I see the most serious concern about Drop is the accusation that they (or associates) bid on domains themselves.
    The better NZ transparency guards against this to some degree. I would still like to see an integrity commitment on their site relating to this issue.
    Hey Charlie, do you think it would be OK for Drop to bid on domains itself, effectively obtaining the domain for free and unfairly competing with domainers?

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  • Avatar
    May 3, 2021 at 10:00 am
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    Sorry I’m on a diet – cutting out dairy, fructose and doing my best not to dignify baseless and defamatory questions.

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  • Avatar
    May 3, 2021 at 10:37 am
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    Why doesn’t someone ask the NZ company to use their website interface and tech to start an AU drop catcher? It wouldn’t be that hard to re-write some of the code to work with AuDA. Their interface is awesome and drop needs competition before they will make any change. That’s just a fact of life. Why would they?

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    • Avatar
      May 3, 2021 at 10:42 am
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      They don’t always win .co.nz expired domains, I don’t think they would be able to compete with Drop.com.au easily

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  • Avatar
    May 3, 2021 at 10:55 am
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    What ever happened to Jono Horne from Terrific? Didn’t he have a dropcatching service ready to go? One that was vastly superior to Drop. He proved that when he suddenly won Company.com.au from under their noses. Why hasn’t he rolled that out?

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    • Avatar
      May 3, 2021 at 11:20 am
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      Because there’s no money in it. Drop catching is very speculative for the drop catcher – good domains have to drop and this is happening less and less.

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      • Avatar
        May 3, 2021 at 1:12 pm
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        Puzzled. If there is no money in it, why has Trellian invested so heavily?

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        • Avatar
          May 3, 2021 at 2:19 pm
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          Who are you to presume it invested “so heavily”? I can’t and don’t speak for the company but buying out the remaining share of Netfleet would’ve made good commercial sense as the database of users could be valuable in marketing other Trellian products. Not everything is about drop catching.

          This is so boring, don’t you have any domains to sell?

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  • Neddy
    May 4, 2021 at 6:47 am
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    This article has gone off tangent a bit, so comments are now closed. The original object was to highlight how one New Zealand company handled their aftermarket compared to what we have here in Australia.

    It has evolved into a criticism and defence of Drop which was not the object of the exercise. But thank you to everyone who took the time to post – particularly the very self-interested “Charlie” who led the defence.

    P.S. You continue to crack a lot of us up “Charlie”!

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