Domain Name Wholesale Service, Debuted by Hosted Services Firm, Tucows
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Toronto, Canada - (Cheap Web Hosting Directory) - June 29, 2007 - Domain registrar and Internet services firm, Tucows Inc., has debuted its wholesale premium domain name service, in a partnership with Domain Distribution Network (Fabulous.com) and NameMedia’s Afternic Domain Listing Service (DLS).
Tucows is offering over 600,000 premium domains for sale through its network of over 7,000 service providers worldwide. Domain names are extremely important to businesses and individuals looking to establish an Internet presence. They provide a crucial part of corporate identities and create memorable online brands that are easy to market and remember. With the explosion of interest and profitability of Internet marketing, high quality descriptive domains have become a rare commodity, and as with anything rare, a market has developed to offer these assets for resale in a secondary exchange.
Elliot Noss, President and Chief Executive Officer of Tucows Inc. explained, ”The domain name market is about to undergo its greatest change since Tucows entered as the first true wholesaler in 1999. The addition of Premium Domains will be important for our service provider customers who excel at servicing small and medium-sized businesses, those most likely to benefit from Premium Domains. By redefining the domain search process to include names from the aftermarket, it makes it possible for people to find that perfect domain name.”
According to the company, premium names are not a new idea. They have been bought and sold for the last decade. However, what has been missing until now was a simple way to connect buyers with sellers in a seamless exchange that manages the transaction in real time. Tucows has changed the market by facilitating near-instant transfers via its wholesale network. This is the start of a new era for the domain name market.
Adam Eisner, Product Manager for Domains at Tucows offered, ”In the past, when you wanted to transfer a domain from one registrant to another, the whole process could take days. The real beauty of our Premium Domains service is that it gives our network of service providers a way to sell a large range of high-quality domains to their customers nearly instantly, as if they were new registrations.”
Tucows is partnering with AfternicDLS and Domain Distribution Network to enable a one-stop-shopping approach giving business users purchase access to over 600,000 premium names in a single search. Premium Domains from Tucows will also include selections from the Tucows domain portfolio.
Peter Lamson, Senior Vice President and General Manager of NameMedia’s domain name marketplace offered, ”As the world leader in secondary market domain names sales, NameMedia looks forward to providing Tucows customers with an unmatched breadth of domain quality and choice. AfternicDLS members will also benefit as we continue to expand the distribution channels for our Domain Listing Service, giving domain sellers an easy choice for where to list their names to get the best exposure to potential buyers.”
Dan Warner, Chief Strategy Officer of Fabulous.com added, ”We’re very excited to be working with Tucows. Their extensive network of resellers provides domain owners access to an untapped market of people who traditionally didn’t have the capability to buy many domains which had been off the market.”
The Domain Distribution Network is an aftermarket domain distribution service, which acts as the centralized source of domain ‘’stock” for high quality registrars and other high profile resellers. The domain stock consists of high quality generic domains that are highly suited for small to medium enterprise businesses. DDN doesn’t compete with registrars, rather acting as a technology partner to allow registrars a clean and efficient means to monitor, maintain, and transact in the complex aftermarket channel of the domain space.
Through the Domain Distribution Technology, registrars enable users to purchase and control a domain within a matter of seconds by utilizing a safe and efficient streamlined sales and transfer process. DDN offers registrars a means to authenticate ownership of domains; allows open communication with a wide community of domain owners and other registrars in real time; and prevents fraud and trademark abuse. DDN has become the stock exchange technology servicing the aftermarket domain channel.
NameMedia is the industry leader in Direct Search and the marketplace for premium domain names. The company leverages 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.
Tucows Inc. provides Internet services and download libraries through a global distribution network of 6,000 service providers. The distribution network primarily consists of web hosting companies, ISPs (Internet Service Providers) and other Internet related service companies. The companies use Tucows’ provisioned services to offer solutions to customer: enterprises, small and medium businesses and consumers. Tucows is an accredited registrar with ICANN (the Internet Corporation for Assigned Names and Numbers) and earns most of its revenue from domain name registration services plus hosted email, spam and virus protection, blogware, website building tools, the Platypus Billing System and digital certificates.
To learn more about the wholesale premium domain name service, please visit: http://services.tucows.com/services/domains.
For more information about NameMedia, please visit: www.namemedia.com.
To learn more about Tucows, please visit: www.tucowsinc.com.
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