Service for backordering expiring domain names
Park.io monetizes by charging a one-time fee of $99 for backordering expired domains if the customer is the only bidder and obtains the domain. If multiple people backorder the same domain, it goes to a 10-day auction, where the domain is sold to the highest bidder.
“Morgan Linton bought the domain yummy.io on park.IO for $99 a few months ago ... user dkenzik bought a domain in a park.io auction for $195 a few months ago ... a domain that sold on Flippa for $1,500 that was purchased on park.io for $99”
“Backorder expiring country code top level domains for only $99...Backorder a domain. If we obtain it and you are the only bidder, you pay $99 and the domain is yours.”
“Backorder expiring country code top level domains for only $99. ... Backorder a domain. If we obtain it and you are the only bidder, you pay $99 and the domain is yours.”
“every user who backordered a .io domain with park.IO has either become the owner of the domain or it went to auction.”
“The domain know.ly, which she backordered on park.io for $99. The domain didn’t go to auction, because she was the only person who backordered it.”
“park.io is a service that allows you to backorder domains that have expired and will be available for registration again soon... I thought $99 was a good number because it was pretty high, but still in the 2-digit range.”
“it's $99 if we get the domain for you and no one else ordered it. But if more than one person ordered it, then it goes to an auction, a 10 day auction.”
“Using park.IO’s domain backordering service, he snapped socialmedia.io for only $99 less than 2 weeks ago, on October 10th.”