DNWE Shifts to Free Access Model, Eliminating Subscriptions for Domain Investors

Started by Domaining News, Mar 31, 2023, 01:59 AM

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DNWE, the domain marketplace catering primarily to domain investors, made a significant change two years ago by switching to a subscription-based model.



Despite its unique position as an investor-centric exchange, renewal rates were not as impressive as expected among domain investors who utilized the service. However, there is good news on the horizon. DNWE.com recently announced in an email that access to their platform will once again be free of charge starting from April 1st.

With this change, sellers will now revert to paying a 12% commission when selling a domain, while buyers will no longer be required to pay a Dan.com escrow fee when purchasing a domain. It can be assumed that DNWE will retain 7% of the transaction value, while Dan.com will take 5% for processing leads through their system.

Additionally, all currently active subscriptions will receive a prorated refund for the remaining time left. This new development from DNWE.com provides a more accessible and cost-effective solution for domain investors, encouraging greater involvement and participation within the marketplace.
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Deepak1

Here are some additional details about DNWE's shift to a free access model for domain investors:

1. Reason for the change: The decision to eliminate subscriptions and provide free access to the platform was driven by the observation that renewal rates were not as impressive as expected under the subscription-based model. DNWE.com aims to address this issue and encourage greater participation from domain investors.

2. Pricing changes for sellers: Under the new model, sellers will only be required to pay a 12% commission when selling a domain. This means that they will no longer have to pay a subscription fee to list their domains on the platform.

3. Pricing changes for buyers: Buyers will no longer have to pay the Dan.com escrow fee when purchasing a domain through DNWE.com. This makes it more cost-effective for buyers to acquire domains from the platform.

4. Distribution of fees: DNWE.com will retain 7% of the transaction value as their commission, while Dan.com will take 5% for processing leads through their escrow service.

5. Refunds for existing subscribers: Customers who currently have active subscriptions with DNWE.com will receive a prorated refund for the remaining time left on their subscriptions.

Overall, this shift to a free access model is intended to make DNWE.com more accessible and cost-effective for domain investors, fostering greater participation within the marketplace.
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