Reglikedomain industry desk

Parked.com Purchases WhyPark

Parked.com Purchases WhyPark

Domain name parking firm purchases parking alternative.

Domain name parking firm Parked.com has purchased WhyPark, a domain building service. Financial details were not disclosed.

Yesterday WhyPark disclosed it was scrapping its $99 set up fee and moving to a free model. This is part of the transition to Parked.com.

“Now that we have Parked.com’s expertise in monetizing traffic as part of WhyPark, we were able to change our business model to allow free access to our platform,” WhyPark founderCraig Rowe told Reglike. “We’re excited to have the opportunity to show what we can offer without the previous barrier of a signup fee in place.”

Clients who previously paid for the product will get additional benefits, such as the ability to place their own ads instead of using the embedded ad feed.

WhyPark will continue to operate as a separate product, but with the added benefits that come with being part of Parked. For example, WhyPark now includes Parked.com’s top tier ad feed, payments twice a month, and multiple payment options. This ought to substantially increase earnings compared to WhyPark’s previous system.

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