videoexpert

I bought a 16 year old domain from NameJet for $3,000 (SpinePain.com) and my wife saw I spent our savings and is pissed.
Any ideas on how I can sell a domain like this quickly? Can I even make a profit on this domain?

I am very discouraged right now so I appreciate any advice and tips. Thanks!!!

wwwweb

These type of domains are better for a mini site, or educational site build out. End users for these type of domains are Doctors, or medical professionals, who do not just shell out $3K on a random email contact.

For $3k I am sure you could have bought a better income producing domain, You must have got into a bidding war with someone.

CureCancer

Your domain is not worth $3000. End Users in the market would not pay more then $50-$250 for you name. Next time do your homework before bidding on a domain that has reg fee value.

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wwwweb

Maybe post it for sale quickly, and the second highest bidder, might purchase it.

videoexpert

Where would I post it for sale to sell quickly?

sdsinc

You paid end user price, a reseller wouldn't pay that much.
And I'm not sure there are many end users ready to pay what you paid.
At this point you might contact a broker like Toby Clements. With the right exposure perhaps it will catch the eye of a qualified end user.
No guarantee you will be able to recoup the cost though, especially if you're in a hurry to liquidate.

A quick google search indicates a few possible end users:
http://www.spinepaininc.com/
http://www.michiganspineandpain.com/
????: NamePros.com http://www.namepros.com/domain-appraisals/745639-please-appraise-spinepain-com.html
http://www.midatlanticspine.com/

The big question is, is there any one willing to pay at least 3K for the domain.
Good luck.

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bmugford

This is not a reg fee name.

This is a great domain name, with a lot of end users.

However, in the future I would avoid shelling out that kind of money without a plan.

If you are going to put out $3,000 the domain should either have a really high potential ceiling or be very liquid.

Brad

---------- Post added at 04:29 PM ---------- Previous post was at 04:28 PM ----------

I agree with that.
????: NamePros.com http://www.namepros.com/showthread.php?t=745639

It is a nice domain, but at that price you basically are the end user.

Brad

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carob

It's being reported elsewhere that the sale price at Namejet this month was $2300. See http://blog.goldnames.com/?p=927
????: NamePros.com http://www.namepros.com/showthread.php?t=745639

Why did you buy this domain?

Domains are not particularly liquid, so this one could be a pain in the neck for you if your wife wants the money back quick.

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wwwweb

It would not be obscene for this domain to sell for $5k, you are going to have to do some work to sell it, maybe get on the phone, and directly call some of these companies that use other variations of this name, a simple google search will bring up plenty of users.

They will hear you out, especially if your name is a shorter version of what they are currently using. Do not give up, you still have a solid domain, but you got caught up in the bidding, which we are all guilty of here at some point of the auction process...

CureCancer

With a lot of end users? Seriously, you have no experience with End Users,the OP is lucky if he sells the name for $250!



---------- Post added at 04:59 PM ---------- Previous post was at 04:57 PM ----------

I don't know where you get your idea from calling end users, their is no market for this type of reg fee domain, unless you develop it into a 101 website and hope you generate organic traffic that could result in PPC revenue! otherwise he is out luck with this bad investment.
????: NamePros.com http://www.namepros.com/showthread.php?t=745639

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iowadawg

And this is why people with little to no knowledge of domaining should not be spending money.

And why people should do some legwork before buying/bidding on any domain.

I feel for the OP spending so much for a domain that really is not worth that much.

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johname

Every Chiropractor would be a potential end user. Back relief products too.
????: NamePros.com http://www.namepros.com/showthread.php?t=745639


*********************

You got NameJetted though, Bigtimers can pay enduser prices or close too at a whim. And will run you up for fun if your not careful. This is why you got to have a plan and a price.


Tell your wife you will take too much of a percent loss getting out of it in a hurry.

Domainace

I agree that 3K is an end-user price. If you try to flip it, however, you'll be lucky to get low XXX in this market. If there was another bidder though, and if he was real, you might sell it for $2000 if you can catch his eye via a broker's newsletter and he doesn't smell blood. That's 3 ifs, though.
????: NamePros.com http://www.namepros.com/showthread.php?t=745639

The only way your wife will ever let you live this down is if you make money from it. There are only 2 ways to do that.

1- Directly contact end-users, offer at 4500 or 5000, and hope you get lucky.
2- Work your ass off developing it. Of course, that will eat up a lot of your time, but that's not something the wife will complain about. It has respectable search numbers and a $5 CPC, so it has great potential. So far as Cure Cancer's estimate, I'd happily pay his range for the name as a reseller, never mind end-users.

bmugford

I have no experience with end users?
????: NamePros.com http://www.namepros.com/showthread.php?t=745639

There are not many "domainers" who deal with, or make more end user sales than I do.

I would pay a lot more than $250 for this domain as a reseller.

Brad

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gladdy

Hey, you can contact second and third bidders and tell them about situation, I think you will get some of your money back. second bidder was domainbank - they are from Korea, just try to email the administrative contact of historia dot com. The third bidder at the auction was anubhavit (look for administrative contact of globe dot net)

just my five points!

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CureCancer

Yeah okay dude keep telling yourself that, if you had any experience dealing with end users then you wouldn't be hyping the OP over a reg fee domain he got sucked into. Not a single end user would pay anywhere near the price tag he paid.

You valuation of this domain is so off that I'll just unsubscribe myself from this thread so I don't have to read anymore silly appraisals over a reg fee domain name.

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hawkeye

Good call, unsubscribe! If there's 'one' person on this forum that knows and sells more domains to endusers than 'anyone' here, it's Brad! So think what you want, but you are by far 'way off' on who knows more about enduser sales of domains! I'd put my money on Brad over you, anyday!! That, is a no brainer bet!

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carob

I think you can see from this thread that people have wildly different ideas about value and about possible end-users. Bear in mind some domainers really reach out to end users and may have more success making sales than others, especially if they can reach the right potential buyers. But people who want to generate regular sales and turnover may be targeting a different sort of price from those who hang onto domains hoping for the highest price on every single domain from the keenest possible end user.

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Domainace

Yes, Brad is someone who I wish I was as good as at end user sales. He's one of the top domainers on the forum. He even sells .us domains to end users, something many otherwise successful domainers have not been able to do.

Beyond that, I don't think the OP came here to be lectured. He already knew he was in trouble, and came for help.

The Wife is a big factor in any business, and they are usually risk-averse to a fault. Once they've spent the money you have made off one of your "schemes" they will usually cut you some slack. But until then, depending on the wife, it can be tough.

I think the point here is not to spend money that you'll be meeding on a name that you don't have immediate plans for - either to flip or develop.

For example, maybe you get a name worth $10,000 for a mere $3500. Unless that name is very liquid (like a clearly pronounceable LLLL), you may have to wait a long while to turn that profit on it. If that $3500 was your only operating capital, then how will you make money in the meantime? That great deal will be a weight around your neck, and desperation may even force you to take a loss on it at some point.
????: NamePros.com http://www.namepros.com/showthread.php?t=745639

When I'm presented with a great deal on a name that I can't flip right away, I have to ask if I can afford to put the money it costs on ice for a year or three. If not, I have to pass.

wwwweb

Lol, not a great attitude, if you take a few minutes, you will see the core keywords of this domain, are used in many variations with other end user websites. It is upto the OP if they want out from this domain, to convince that end user the benefits of owning the generic core keywords this domain contains in relation to their business. Not everything is in estibot black, and white, worse domains have sold for more, and we all know that, there is a reason every extension in this domain is taken...

As for questioning Brad's knowledge, when he makes a post, it is usually a well thought out, and very professional post, and he does bring a lot of knowledge that this forum is lacking at times, I will offer the OP $1k for this domain right now... PM OP if you want out quickly, so we have established a value above $250 for this domain already...

-Joe-

As an end-user who frequently buys names like this for developing, there's no way I'd pay more than $60 for this.

2.4k exact searches, and a contextual CPC of less than $2. Meh.

EDIT: TAKE THIS OFFER.

defaultuser

I'm sure that's the first question any potential end user is going to ask...
????: NamePros.com http://www.namepros.com/showthread.php?t=745639

What's the CPC on this?

meh, indeed.

I might pay more for NoSpinePain.com though

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Keith

I like the domain in the $500 - $1k range. Beyond that it's a huge risk IMO.

wwwweb

Tell me where you can get 16 year old, 2 word .com's for $60 all day, and everyday, you are a domainer end user, big difference from an actual professional end user who doesn't trade domains all day.

Many companies are purchasing shortners for their current domains, as they can get them, as with anything, it all co,es down to cost, and value. A doctor with 6 figures in billings, can easily absorb a few k domain cost, it is not out of the question....... It doesn't look like domain has been paid for as of yet?

Bannen

SpinePain is regged in at least 10 TLD's, and Spine-Pain in at least 5, all by different people and at different times; also there are literally dozens of websites using this term as PART OF THEIR DOMAIN NAME, like lowerspinepain.com, spinepaindocs, spinepaininc, spinepainspecialists, etc etc etc.
????: NamePros.com http://www.namepros.com/showthread.php?t=745639
I agree that 3K is considerably high for a reseller, but it is such a desirable term and has so many end users already using the term in their domain names, that I could see it selling for a minimum of 2.5K to an end user. Since it is doctors/clinics, and these have a little more cash and desire to advertise their specialty well, could easily bring in the mid to high x,xxx range.

High reseller price was paid, so of course it leaves a lot less meat on the bone for profit in a sale... but I don't think it's even slightly unrealistic to profit well by this one.

OP, even consider offering member Bmugford, or others like Federer or EndUserKing who are talented with end user sales, to broker this for you in return for a percentage of the sale. I'm good with end user sales, but not expert like them, and I could confidently profit by this one even with that purchase price of 3K.

Nice name

Welcome to Namepros; hope this name does well by you

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