By Peter Askew | August 20, 2007 - 6:05 pm - Posted in Uncategorized
while tossing some domains into SnapNames today, I noticed the reserve price had been lowered.. nothing drastic - lowered from $60 to $59..
wasn’t sure why - I haven’t heard any announcements…it’s probably some developers testing something..
or maybe our “inside guy” Craig Calder can give us an update in our comments section..
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Yes, it is true - we are gradually moving away from a flat $60 and will start presenting a range of prices more representative of value. Moving from $60 down to $59 was one of the first steps. Customers can expect to see more variable prices, especially as more names being sold through the SnapNames Seller Program flow into auctions.
Is going from $60 to $59 of any real significance?
Patrick
I think they might have lowered the reserve to $59, because they wanted the regular drop auctions to look more like their new Seller Program auctions, which usually have reserve prices of $79, $99 etc.