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    This discussion has been archived. No new comments can be posted.
    The end of an era: RIP Afternic.com | Log in/Create an Account | Top | 28 comments | Search Discussion
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    Re: The end of an era: RIP Afternic.com
    by Anonymous on Wednesday September 25 2002, @04:29AM (#9377)
    "g" misses the point:

    Afternic failed in part because their system was too hard to understand and utilize. They failed because there were too many sham bids/sales. They failed because it was too hard to buy or sell a name. They failed because of lousy customer support, taking weeks to accomplish what should be accomplished within days.

    They failed because companies and individuals who could really use a particular domain name barely know how to buy a domain from a registrar, let alone how to buy from Afternic or Great Domains.

    It's up to speculators to get the word out about domains, face it. The registries aren't doing it, and all the Afternics in the world won't accomplish it. The domain name system needs speculators to bring special domains to relevant industries. Don't expect the owner of Acme Hardware Company to have the time to hunt through domain auction sites to find a good generic domain for his/her hardware business. He/she is too busy running Acme Hardware!

    If Afternic had hired a few people to do nothing more than market the domains to respective industries, it might not be going under today.

    The business model of a site acting as a dumping ground for "Domains For Sale", without any marketing to potential buyers except domain speculators, is a sure loser.

    Register.com discovered it would actually take hard work to make Afternic successful, at which point the decision was made to dump it. After all, I cannot think of any registrar who really has to work that hard to make money.
    [ Reply to This | Parent ]
    Re: The end of an era: RIP Afternic.com
    by Anonymous on Wednesday September 25 2002, @04:56AM (#9378)
    I for one will not shed a tear over the death of Afternic. They were always difficult to deal with, refused to remove domains containing famous marks, and served as a home for squatters. When the bottom dropped out of the market, Rcom did the right thing to dump them. They also know that WLS is likely to make reseller sites less practical. So where do the resellers go now? Probably not to VeriSign's GreatDomains or Dotster's DomainApex. But they should be able to go somewhere.
    [ Reply to This | Parent ]
    Re: The end of an era: RIP Afternic.com
    by Anonymous on Wednesday September 25 2002, @08:10AM (#9393)
    "an unsuccessful applicant in the new gTLD rollout"

    They got .pro, didn't they?
    [ Reply to This | Parent ]
    Re: The end of an era: RIP Afternic.com
    by Anonymous on Wednesday September 25 2002, @11:32AM (#9396)
    Basically Register.com acquired afternic.com and ran it into the ground.

    HTH,
    Anion
    [ Reply to This | Parent ]
    Re: The domain market is the same as the stock mar
    by Anonymous on Thursday September 26 2002, @03:11AM (#9409)
    The same thing for both markets to share is that both markets are "faith" based. Or say it's "hype" based. The problem now for both markets is that people lost their "faith". The currency flow now is the same as that in the past few years (inflation is not that much big deal:-). The only difference is lack of people's faith in both markets.

    In the stock market, there are EnWrong, Worldcon, and in the domain market, there are ICANN and WIPO.
    [ Reply to This | Parent ]


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