Over the years Expired Domain Drop Catcher platforms used many different pricing solutions, from blind bidding to fully open bidding. For the last few years Drop.com.au has opted for an open and transparent pricing on their Drop Catch service it provides to clients.
Drop has a clear acceptable use policy, where clients agree not to published other clients end winning auction bid values. Every active Drop client prefers this, as Drop Auction values are in nature wholesale pricing and not end user pricing, so having the amount disclosed is counter productive when trying to sell the domain later to an end user.
Unfortunately there are some users who continue to breach the Drop acceptable use policies and continue to disclose everyone’s winning bids, causing financial harm to other Drop clients and reducing their abilities to sell the domains that they use Drop to secure.
To combat this, Drop has introduced a new interface where the pricing is only visible if you are a direct participant of the auction for that specific domain. All other domains that have a bid on them still show up at the top but the actual bid value is redacted.
Drop has received feedback from clients thanking them for this action, but also a few would prefer to see the pricing, Drop is considering a trusted client view feature and to also offer other benefits. Maybe if there is a public apology made by the parties involved, with an undertaking not to do that again Drop would reconsider this change, but for now it is in place to help protect Drop clients.
Drop.com.au Protects Client Bids
