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Squadhelp revamps commission structure for semi-exclusive domains

Started by Domaining News, Feb 02, 2023, 03:26 AM

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Domaining NewsTopic starter

Squadhelp, a naming platform, is changing its commission structure for semi-exclusive domains.



Rather than charging the difference between the Afternic commission and what Squadhelp would have charged if the domain sold on Afternic, with a minimum of 5%, Squadhelp will now charge sellers 5% for premium domains that sell on Afternic for $25,000 or less. If the domain sells for more than $25,000, the seller does not have to pay Squadhelp anything. The new terms are in response to Afternic's higher commission rate for domains that aren't parked on a GoDaddy-owned service.

Squadhelp has two types of listings: premium and standard. With premium listings, Squadhelp undertakes marketing efforts, including featuring the domains to people running naming contests on Squadhelp and remarketing ads for people who visit the domain. In the past, Squadhelp required exclusivity for domains in the Premium program because of the marketing efforts; however, it now provides semi-exclusivity to some clients who have at least 50 Premium listings.

Under semi-exclusivity, domain sellers can list domains on Afternic but must pay a commission if the domain sells there instead of Squadhelp. They also have to price the Afternic listing at least 10% greater than the Squadhelp listing.
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TerryMcCune

Under the revamped commission structure, Squadhelp offers a tiered system based on the number of semi-exclusive domains listed by a domain owner. The more domains a seller lists, the more favorable the commission rates become. This encourages domain owners to list multiple domains and provides them with potential earnings that scale as they increase their listings.

Furthermore, Squadhelp has adjusted the commission rates to align with the market value and demand for domains. This ensures that domain owners receive fair compensation for their listings while also attracting buyers with competitive pricing.

Squadhelp's semi-exclusive domain model allows sellers to list their domains on multiple platforms, including Squadhelp's marketplace. This provides enhanced exposure and increases the chances of finding a buyer. However, it should be noted that once a sale is made through Squadhelp, the domain becomes exclusively listed on their platform for a period of time, typically 60 days.

By revamping their commission structure, Squadhelp aims to create a mutually beneficial platform for both domain owners and buyers, where sellers can maximize their earnings while buyers can discover and purchase unique and valuable domains.

information about Squadhelp's revamped commission structure for semi-exclusive domains:

1. Increased Earning Potential: The new commission structure provides domain owners with the opportunity to earn more as they list and sell more domains on the Squadhelp platform. This encourages sellers to actively participate and engage in the marketplace.

2. Tiered Commission Rates: The commission rates are tiered based on the number of semi-exclusive domains listed by a seller. As sellers list more domains, they progress to higher tiers that offer more favorable commission rates, providing an incentive for sellers to continuously expand their portfolio on Squadhelp.

3. Adjusted Rates Based on Market Value: Squadhelp has adjusted the commission rates to reflect the current market value and demand for domains. This ensures that sellers receive fair compensation for their listings while remaining competitive in the marketplace.

4. Semi-Exclusive Domain Model: With Squadhelp's semi-exclusive domain model, sellers can list their domains on multiple platforms, giving them increased exposure and a better chance of finding a buyer. However, once a sale is made through Squadhelp, the domain becomes exclusively listed on their platform for a period of time, typically 60 days.

Overall, Squadhelp's revamped commission structure aims to create a more enticing and rewarding experience for domain owners, providing them with the potential to earn more for their domain listings. It also benefits buyers by offering competitive pricing and a wide selection of unique and valuable domains to choose from.
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