strategy How to Find Potential End Users?

Im just finding it hard to make a sale. Ive been doing this for a year now and I havent got a sale. Not trying to sound conceded, but half my domains I personally think are better than half the ones that sell.

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You don't sound conceited, you sound like a domainer.

Theres gotta be something im missing or the claimed sales arent true. Like for instance gruebengrail()com says sold for $250?!? Thats not even english or a word.

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According to whois it's not even a domain -- the only mention anywhere online is this thread, according to Google (btw, holy crap Namepros at having individual forum posts indexed in Google within an hour!!!)

I just registered labdog.net about a week ago and it hasnt even budged. I think labdog.net is very valuable and has many searches. Just unlucky i guess

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Setting aside value considerations, I don't know how I could conceivably address the concern that you regged it a week ago and it has not yet sold.

Regarding value: What makes it valuable? It's a serious question -- You can't pitch a domain name or anything else on the basis that you just know it's valuable. The term "lab dog" -- relative to other related terms -- is actually way down the scale both in terms of search volume and AdWords estimated value (to be specific, I checked it against: labrador, labrador retriever, retriever, yellow lab, chocolate lab, and black lab.)

It has some up points, like the front page organics being dominated by industry names and non-profits, so there's potential there for breeders trying to work their way to the top. But little in the way of relevant ad competition on the term, so pitching it as a value relative to advertising (one of my most commonly successful approaches) would be hard.

How much do you feel it's worth? ie. disregarding any points I've made, what do you think is a realistic asking price?

In the week you've owned it, how many prospects have you contacted?

I hope I don't sound as contentious as I feel like I'm sounding. I've had some good successes with this approach in the last year and change and would sincerely like to help share them; just don't always do the most diplomatic job of it.


Frank

No no man I appreciate everything youre telling me. I was being sarcastic with that domain name that sold. It was something around those lines. And I thought the word "dog" was one of the most googled words. I heard this about 6 months ago. I realize its not the best domain name, but I think its definitely sellable. And a week I know is not enough time, but its just frustration to hear some people turning over domains in hours.

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I would appreciate any pointers you have that will help me sell. Like be honest with labdog.net, good or bad?? Should I forget it or try to push it?

I have a couple of quick questions for anybody that has made a sale of over $10K to an end user.

In general, how do these transactions start off for you? What type of first offer does the buyer generally make and how much higher than that offer do you ask in your counteroffer?

I know the answers to the questions depend to a great extent on the quality of the name involved but I'm just looking for general responses.

sobeman88 said:

No no man I appreciate everything youre telling me. I was being sarcastic with that domain name that sold. It was something around those lines. And I thought the word "dog" was one of the most googled words. I heard this about 6 months ago. I realize its not the best domain name, but I think its definitely sellable. And a week I know is not enough time, but its just frustration to hear some people turning over domains in hours.

---------- Post added at 08:52 PM ---------- Previous post was at 08:47 PM ----------

I would appreciate any pointers you have that will help me sell. Like be honest with labdog.net, good or bad?? Should I forget it or try to push it?

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LabDog.net is an alright name but first off .com's are the best to go with especially to start out.
LabDog.net could sell and be worth something to someone but first off it is .net and second off it does not have all that much commercial value. It is being exactly searched 1000-2000 times a month but only has a cpc of $0.24. On labdog.net, what could you sell really or profit from? Certainly not adsense. Maybe some dog toys and food but someone would search dog food or dog toys if they wanted that.
You just have to find a good product domain and sell that to someone because it has more worth. Also find something that might describe someone's product or service. That is what I do and that could help you too

I have the domain: FlashVideoPlayer.net

Estibot Value: $1500
Appraisal from this forum: $150+

It didn't even get 1 bid on Bido.

Any end user suggestions? Thanks!

ilikedomain said:

I have the domain: FlashVideoPlayer.net

Estibot Value: $1500
Appraisal from this forum: $150+

It didn't even get 1 bid on Bido.

Any end user suggestions? Thanks!

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What can be done with that name?

It's very limiting.

Compare that with ManufactureProducts.com. Which one would you buy in terms of versatality?

ibidu said:

What can be done with that name?

It's very limiting.

Compare that with ManufactureProducts.com. Which one would you buy in terms of versatality?

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You can download flash video players online. Why else would it have 18,000 exact searches? It's a fairly large market and with the .net a decent site could drive good traffic.

Manufactureproducts.com has 69.6 times less exact searches and 101,900 less overall searches. I would pick mine over that ANY day of the week.

Erdinc, thanks for the interesting fixed priced tactic.
Bido is different because people vote for things they think will sell or that they want and seems to be 99% aftermarket unless people tell endusers to go there to bid on an auction.

abc3200 said:

I have a couple of quick questions for anybody that has made a sale of over $10K to an end user.

In general, how do these transactions start off for you? What type of first offer does the buyer generally make and how much higher than that offer do you ask in your counteroffer?

I know the answers to the questions depend to a great extent on the quality of the name involved but I'm just looking for general responses.

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:talk:

Hi



in general:

depending on the domain and the buyer, they may submit an offer that is close to your BIN, or the offer may be far from your price expectations.


it's up to you, the seller, to reply with how much "you want" for the domain, if there is no price listed.

you don't look at how much higher to counter with, you try to stay close to what you feel the domain is worth.


imo...

posted by ilikedomain:

You can download flash video players online. Why else would it have 18,000 exact searches? It's a fairly large market and with the .net a decent site could drive good traffic.

Manufactureproducts.com has 69.6 times less exact searches and 101,900 less overall searches. I would pick mine over that ANY day of the week.

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The problem from an end user standpoint is how to find the buyer for that domain. ManufactureProducts.com has a very broad potential market, whereas FlashVideoPlayer.net does not. It has lots of fun potential uses for Internet users, but as far as actually representing a business about its only use is as a review site monetised by ads (no end user potential) or as an exact match for a company competing with JW, FlowPlayer et al. who is not ranking well for the term (or paying through the nose for AdWords rankings, which can run more than $150 a month according to Google.)

I'm not saying that means there are no end users for it -- simply that, despite the impressive search metrics, it has a very shallow pool of potentials from which to choose, especially relative to a generic phrase like "manufacture products."


Frank

Im having a hard time making a sale. I have contacted several buyers for each of my domains using searches and keywords and I have nothing!

What exactly do you guys look for as an end buyer?

My experience

My experience has been that my buyers found me. Once someone is interested, then we find the price that both party are happy with.

Unless you already advertise your selling price, the buyer will always low-ball the initial offer. But you have to explain why you think your name is more valuable than other names.

sobeman88 said:

Im having a hard time making a sale. I have contacted several buyers for each of my domains using searches and keywords and I have nothing!

What exactly do you guys look for as an end buyer?

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Don't take this as a negative view but maybe if you havent sold a name you think to "re-think" and "re-develop" your style and approach.

For instance IF I started in domains TODAY knwoing what I know I would focus on GENERIC, dotCOM, EXPIRED, domains ONLY.

Those types of domains tend to have the broadest appeal.. generic becuase it would have a WIDE customer base, dotCOM because it isthe most TRUSTED and USED extension, and EXPIRED because 99% of the GREAT names are registered, the other 1% are tech and medical related that are cutting edge technologies, and you will be lucky to be first to get there.

So many read some more threads, ask more questions and duplicate the success of another.

Hope this helps you and feel free to ask any questions of me you wish.

winst said:

My experience has been that my buyers found me. Once someone is interested, then we find the price that both party are happy with.

Unless you already advertise your selling price, the buyer will always low-ball the initial offer. But you have to explain why you think your name is more valuable than other names.

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Yes the REAL money tends to come from buyer that have found you.. In one instance I had a GENERIC technology domain, on it I put affiliate links and articles about this technology. A competitor of the affiliate links company contacted me wanting the domain, I told them I wasn't pursuing the sale but would entertain offers.

I think this is true is most everything, you can always try to convince people they NEED something but the people who are already convinced they NEED it tend to want/pay more.

Now where would I find a buyer for my ManufactureProducts.com as I like to sell it? I'm finding it hard to put a fair price on it?

Any suggestions?

ibidu said:

Now where would I find a buyer for my ManufactureProducts.com as I like to sell it? I'm finding it hard to put a fair price on it?

Any suggestions?

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To find a buyer put "Manufacture Products" in quotes like that and do a Google search, the results there will reveal POSSIBLE buyers.. Take those possible buyers and see what type of advertising they do and more importantly what owning ManufactureProducts.com will do for THEIR business.. Then write them a nice email, and send a letter on letterhead with your offering..


As far as price this is how I would look at it. You regged in two months ago in Dec of 2010, so anyone who wanted it and searched the domain coudl have owned it for $10 two months ago... So it is YOUR job to educate people (the possible buyers) on why they need this name. Sell it for $20 and double your money, sell it for $200 and make 20 times you money in a few months.... Sell it for what you feel its worth.. but IMHO its not worth $x,xxx because anyone who wanted it two months ago could have owned it and ManufactureProducts is not some new term or technology or medication that just hit the market.

that said,

good luck!

ok..i suppose find my buyer and his answer is like this:
"ok i agree to buy your domain for 355$" ..what's the next email i should write to him?

xtmoney,

1. Where is the domain registered?
2. Is it parket at sedo?

If you are happy with the price, the next email you should write is an email that includes a link to your sedo listing for that domain.
If the domain is already inside your sedo account and you have set a fixed price your link would be like this:

http://www.sedo.com/search/details.php4?domain=example.com

Change example.com to your domain. Sedo has German, french and spanish pages too. If your buyer speaks one of those languages add one of these to the end of the link:
&language=d
&language=fr
&language=es

You have other options besides sedo depending on where the domain is registered. For instance you can sell at godaddy marketplace.

thanks for help erdinc.
domain is registered on godaddy..and it's not listed on sedo..just in my godaddy account. If buyer agree for price i offered how i can help to transfer domain in easy way?

If you tell the buyer to send over the money and you promise that you will send the domain, this might not sound good enough to the buyer. Why should the buyer trust you?

I suggest that you list the domain at sedo or godaddy and send a link to the buyer. Here I found some videos you can watch:

http://domainstrips.com/2011/02/10/video-buying-on-ebay-and-selling-at-godaddy/
http://domainstrips.com/2011/02/16/adding-and-parking-a-domain-for-sale-at-sedo/

James,

I did just that a month after I regged it - sent out some 15 emails, including to some Asian companies. I didn't even get one reply! I guess I just have to send out more emails and play the law of averages.

Thanks for your comments anyway. Always good to know how other people do things.

ibidu said:

James,

I did just that a month after I regged it - sent out some 15 emails, including to some Asian companies. I didn't even get one reply! I guess I just have to send out more emails and play the law of averages.

Thanks for your comments anyway. Always good to know how other people do things.

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As a whole I tend to have better responses when I include a fixed price for lower priced domains. People may think you want $10,000 for name when in fact you woudl be happy with $150....

So maybe set a fixed price and include a link to Sedo or eBay auction...

ibidu said:

James,

I did just that a month after I regged it - sent out some 15 emails, including to some Asian companies. I didn't even get one reply! I guess I just have to send out more emails and play the law of averages.

Thanks for your comments anyway. Always good to know how other people do things.

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Did you initially put a price in those e-mails? It helps to do a follow up e-mail with a fixed price, as James said. But don't do it within the same week or the week after. Recipients might see too much of your name in their inbox in a week's span and may consider it as spam. Maybe let a month settle before you do such follow ups.

Oh and targeting 15 end-users is nice but the more e-mails sent out, the higher chances you strike on that end-user who's interested in your domain

I am just trying to focus on letting the user who visits my domain that it is for sale, keeping it professional looking, and making contact easier.

Another thing that I have found is that it is important to keep track of how many users your domain has. If someone else isn't thinking of it, then it isn't as valuable.

No, when I sent out the emails I did not include any prices. I just wanted to see first if anyone was at all interested in the name. Obviously, if they were, they would surely write back and ask for the price as it happened with one of my other domains, I sent out one email and the guy wrote back immediately asking for the price. As it happened I still haven't wrote back and telling him about the price as I am still undecided how much I should ask for it - the reason that I am unsure is because this guy paid 135k for a domain which was similar to the one which I was offering him. And as well as that I was just trying to establish if this guy wanted the domain badly, so if he did then he would have contacted me again, but as he hasn't, that would mean he is not that desperate to get hold of this domain which is not good news for me

Thanks for the tips guys. I just finished contacting about 15 end users.