Domain Name Auction Sales Platform, Released by NameMedia

Updated on Thursday, January 3rd, 2008 at 9:53 am

If you're new to Cheap Hosting Directory, you may want to subscribe to our RSS feed. Thanks for visiting!

Waltham, Massachusetts - (Cheap Web Hosting Directory) - January 3, 2008 - Domain name marketing solution, NameMedia, has debuted the launch of a new Domain Auction Sales Platform, developed to feature exclusive domain inventory.

The launch of Afternic Auctions on its AfternicDLS domain sales platform, is designed to expand the suite of products to include exclusive pre-expiry domain auctions. These daily auctions will allow buyers to purchase domain names from among thousands of names that have not been renewed by their owners prior to expiration.

Pete Lamson, Senior Vice President and General Manager of NameMedia’s marketplace noted, ”We are pleased to further enhance our marketplace by operating exclusive, daily domain name auctions. The Afternic Auction platform, backed by Afternic’s personalized service and flexible bidding options, gives domain buyers another source of premium domain names.”

The Afternic Auction platform, launched after extensive customer usability testing, includes the following product benefits:

Simple search functionality and bidding interface
35 day Preorder period, followed by extended 5 day auction
Individually prepared Domain Appraisals available for every auctioned name
Personalized bid management system including: Bid Increase Alerts, Domain Watch Lists, Closing Soon Reminders and more
Capability to download the inventory of upcoming auctions to facilitate analysis and bidding strategies
Secure domain escrow process

Adam Gross, Product Director for NameMedia’s domain marketplace added, ”Customer reaction during beta testing was very positive, particularly with respect to the platform’s search technology, bidding interface and bid management summary. We look forward to this launch of another new service for our customers.”

Recently, NameMedia entered into a partnership with web services provider for small businesses, Network Solutions, which will allow NameMedia to offer more than 2,000,000 domains to Network Solutions customers.

NameMedia was recently recognized by the Domain Name Journal as the largest seller of secondary domain names in the world. With saleable inventory exceeding two million names, businesses worldwide are able to easily find the best domain name for their online identity through NameMedia’s domain marketplace. NameMedia’s domain marketplace has a distribution network which includes more than 35 premier marketing partners, among them eight of the world’s top ten registrars, making it the broadest distribution network in the world for secondary domain names.

Network Solutions provides of web based solutions and domain name registration services, including web hosting, web site development, online marketing, security services and e-mail services. Network Solutions draws on 27 years of experience to offer tailored solutions.

NameMedia is a Direct Search and premium domain names marketplace. The company’s goal is to leverage the power of Direct Search through a proprietary publishing platform that creates revenue-generating search destinations, including the company’s network of vertical online properties. NameMedia also has the industry’s largest marketplace for buying and selling premium domain names. NameMedia is a privately-held, venture-backed company headquartered outside Boston in Waltham, Massachusetts.

For more information about AfternicDLS, please visit: www.afternic.com.

To learn more about NameMedia, please visit: www.namemedia.com.