Spring Incentive Programs for Domain Parking — NameDrive Launches

NameDrive is offering up to a $300 bonus to domain name parking clients.

Domain parking firm NameDrive is offering fresh clients a $100 bonus and existing clients a $300 matching bonus through June. Fresh clients must sign up by the end of April to qualify. Fresh clients must earn at least $100 through June to qualify for the $100 bonus. Existing clients will have any increase of at least $50 per month (compared to March) in revenue over the next three months matched.

NameDrive has aggressively courted fresh clients since its launch and has run bonus promotions in the past.

NameDrive is also promoting a couple of its other services. Clients get a sale or escrow on NameDrive’s BrokerSelect platform at a reduced 3% commission. All clients will also qualify for a guaranteed buyout of at least one domain at 18x monthly revenues.

The firm has also expanded into domain development with its “BuildingBlocks” system. BuildingBlocks acts as a middleman between domain owners wishing to develop domains and qualified developers. The developer puts a multiple of revenue into escrow and the domain is transferred into an escrow account. The domain owner and developer agree to buyout clauses and revenue shares and then the developer transforms the site from a parked page to a real web site.