Tucows launches domain name auction
February 6th, 2006
“The secondary market for domains represents a new source of revenue for Tucows and our channel of service providers,” said Elliot Noss, President and CEO Tucows Inc. “Our strategy is to create a suite of services specifically designed to harness the reach of our channel and give service providers the information and tools they need to take advantage of this growing business.”
Domain Name Auction is a white-labeled service. Service providers can offer potential new registrants the ability to bid on expiring domains via links from the service provider’s website. The first auctions are expected to begin February 13, 2006. Buyers of domain names will be able to find out information on how to participate in the auctions at www.tucowsauctions.com. Registrants maintain their right to renew and keep their domain throughout the auction process. Tucows’ Parked Pages service will generate revenue from pay-per-click advertising for both expired and unexpired domain names. This revenue will be shared with service providers.
Tucows’ Domain Name Auction and Parked Pages services are being offered in beta to existing members of the company’s service provider channel. During the beta period, service providers are being asked to provide feedback on the business policies and tools associated with the services.”
Entry Filed under: Domain News
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