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How much does it cost to get set up for drop catching?

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Hi

I am really really new to domain names and i am interested in the drop catching side of things.

I have been reading on the forum.

Now if i have read this all correctly i need a DAC (I think it is called)

Something else from nominet if i remember correctly (Any help on that would be good.

Now where do i buy a script to run to monitor and catch the domain names?

Also i guess the fastest way to have the script would be on a dedicated server or vps?

As you can see i am really really new to this

What would be the initial cost to get set up in this game

I only have £500 GBP , will this be enough to get fully set up?

If someone could help me or make a list of exactly what i need to get started and maybe the links that would be really great.

Thanks in advance people :)
 
550 plus vat will get you your nominet membership, dac access and 1st months vps.

There are plenty of people who sell scripts but that will take you over budget.

We rent a system out at new price of £99 a month which takes away any server costs or script purchase costs. However you still need nominet membership and dac.

Only other system I would recommend to rent or buy is dropsystem. Catching lots at the moment and run by nice people.

Oh yes we do one with no fee but a percentage share and one with no fee and £10 a catch. Those who read this who previously got in touch please send pm again as my messages have all got crossed.
 
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550 plus vat will get you your nominet membership, dac access and 1st months vps.

There are plenty of people who sell scripts but that will take you over budget.

We rent a system out at new price of £99 a month which takes away any server costs or script purchase costs. However you still need nominet membership and dac.

Only other system I would recommend to rent or buy is dropsystem. Catching lots at the moment and run by nice people.

Oh yes we do one with no fee but a percentage share and one with no fee and £10 a catch. Those who read this who previously got in touch please send pm again as my messages have all got crossed.


Hi

Can you give me a link to your services please?

My main concern when placing with like a drop catching service is that if the domain name is really good, then they will keep for themselves kind of thing, is that true in the drop catching industry?

Thanks
 
in case you don't get the comprehensive reply you're looking for...

1) most of the information you require is likely to be hidden away in this forum.

2) imo, in the competitive industry that is .uk dropcatching somebody should ask for more than £500 to just hand you the information you desire on a plate.
For example the nominet membership, costs and services are neatly outlined on the nominet website for anyone to research.

3) you can monitor expiring domains and reserve them with many dropcatchers on a first come first served, no win no fee basis. This is how you should practice!
In fact many would probably recommend that newcomers monitor the lists for a few days first, without reserving anything. To see what is caught, and what is not!

Why not make a list of names you would have caught for a week, then see how many were caught by the professionals or dropcatching companies. In the long run this will save you money because when you start paying for caught domains, if you win every name you want - it's likely and possible the names you are picking are not perceived valuable, would not have been re registered and could have been registered cheaply with a normal registrar.

4) Only once you are catching domains on a daily basis would it be cost effective to set up as a professional drop catching operation.

5) However I haven't seen anyone selling successful domain catching scripts without a monthly retainer or expecting first dibs on your catches.
It's likely you would need and want to write your own program to ensure it's success.

Hi

Thanks for that informative post,

I will take your advice and try step 3 to start off with.

On another note which is a good site to get the lists from

I am thinking of paying for the domainview service for the lists,Is that a good choice?

Thanks
 
DomainLore isn't a bad place to start as a newbie. It only lists about half of the names that DomainView does, but obviously you don't have to pay.

There's more than enough on there to keep you busy while you get started.

DomainView is good, but there are a lot of us who use the lists already, so the competition to catch the names you want is high. Obviously every cost you spend out on, you need to recoup to make it profitable.

I actually think sometimes it might be cheaper to pick up some of the bargains you see on here to re-sell.

Like the others, I probably wouldn't recommend establishing your own drop system until you've registered and sold a few names and got a feel for how it all works, what will shift and what won't.
 
P.S. And I definitely recommend you focus on a specific niche or three - preferably where you have some insider knowledge or experience to use to your advantage.
 
5) However I haven't seen anyone selling successful domain catching scripts without a monthly retainer or expecting first dibs on your catches.

Could admin please get the poster to explain this and provide evidence to back it up.

We've sold a couple of scripts over the years and people host them their self so a seller can not see what your after.

And the dropcatchers out there are in my opinion a very honest bunch even if not that nice at first :)
 
Got to really question just whether its worth getting involved now. The turnover of new entries into the catching space shows this.

The quality of the domains being released vs the number of catchers really doesn't justify it anymore. Success vs time-outlay is an ever reducing ration.

As for Nominet's agenda and long-term strategy. Who knows!
 
Indeed tifosi, anybody fresh would be better off waiting to see how the ground lays ahead. I'd be very surprised not to see some ground-breaking changes in the current access/set-up (and they are long over due imho)

Still, not a wise move to enter the market as a 'Catcher' as a first-step in domains at anytime
 
If you are new to domains then I would definitely get some more experience in the field before spending out. It is highly competitive and will probably get more so while the quality of domains diminishes as time goes by. I've probably seen 5-10 really good domains drop all this month.
 
My main concern when placing with like a drop catching service is that if the domain name is really good, then they will keep for themselves kind of thing, is that true in the drop catching industry?

They'd not last long if they caught customer submitted names and sold them themselves! I would suggest virtually everyone offering a catch service will pass on a name for a booking that they have confirmed with you prior to the day of drop (I say "virtually" obviously as I don't know or have experience of everyone catching)

As for overall costs - how long is a bit of string? Where are you starting from? The technology and memberships are only part of the equation, the other part which you can't quantify is experience, what do you try and catch, what do you leave, what TAG's are unlikely to drop, how many names to I try to catch per day / session, what frequency do I run the catch system and at what time of day and so on are all questions that will impact your ability to catch.
 
Seems a bit of a personal attack

I haven't seen anyone selling dropcatching scripts!

How could I possibly prove whether I have or have not?

Why would I pretend not to have seen a script seller?

Why would admin care whether I have or haven't seen dropcatching scripts for sale?

Not a personal attack at all and I'm sorry if you felt it was.

I was merely asking for clarification on your comment about first dibs. You said 'without wanting first dibs' leading me to believe you had knowledge of some services. But now you say you don't?

So you can explain.
 
I'm sorry but your first dibs comment was not about people with deeper pockets. You were inferring to people who rent or sell scripts potentially having first claim on them. Which was a slight IMO and you still haven't said to whom you were referring.

But I guess sometimes in things we type things get misconstrued so this maybe the case here. We have sold a script in the past and top catcher dropsystem has done also so now your knowledge is complete :)
 
Caz wrote she and dropsystem have sold them in the past.

I took this to mean neither no longer do.

Well, as you can see on their own site, they are selling their system as of now, not just in the past, they've also been selling another different catching system in the last few months, it was posted about on here somewhere.
 
Nothing to do with proving right or wrong, simply saying that as you can see on DropSystems own site, they are currently advertising their system for sale, which they have done in the past and still do now, that information is for you, as you asked the question, it is also of use to the original poster, not just for your benefit.
 
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