Domain name sales are traditionally cash based, but every so often, a buyer or seller may wish to trade a domain name in return for equity, products, or something more. A creative approach to domain name sales can sometimes help to facilitate a domain deal that may otherwise be impossible to close.
In the latest installment of our expert question and answer series, we ask our assorted domain industry pros:
Nat Cohen (@telepathy), Owner of Telepathy.com
Shane Cultra (@Domain Shane), Domain Investor & Publisher of DSAD.com
Frank Schilling (@Frank.Schilling), CEO of Uniregistry
Giuseppe Graziano (@Giuseppe Graziano), CEO of GGRG Domain Brokerage
Mike Mann (@Mike Mann), Owner of DomainMarket.com
Joe Styler (@Joe Styler), Domain Investor & Aftermarket Product Manager at GoDaddy
Andrew Rosener (@SeafoodMan), CEO of Media Options Domain Brokerage
Morgan Linton (@domainflipper), Publisher of MorganLinton.com & Co-founder of Fashion Metric
These responses have been edited for clarity.
In the latest installment of our expert question and answer series, we ask our assorted domain industry pros:
Have You Ever "Sold" a Domain Name for Something Other Than Cash or Equity? If So, What?
Nat Cohen (@telepathy), Owner of Telepathy.com
I recently did a deal where in order to close a gap between the buyer's offer and my ask, the buyer in addition to the cash purchase price made a large donation to a charity that we both supported. This was a charity that I would contribute to in any case, so it was a win/win as the buyer got the tax deduction and felt good about supporting the organization, and it was more efficient for me to support the charity by arranging the buyer's contribution than by contributing myself using after-tax funds.
Shane Cultra (@Domain Shane), Domain Investor & Publisher of DSAD.com
I wish I had an exciting story here but I donβt. Always been good old cash.
Frank Schilling (@Frank.Schilling), CEO of Uniregistry
Nope.
Not really. Once I tried to exchange domains for poker chips. Did not work.
Mike Mann (@Mike Mann), Owner of DomainMarket.com
Yes, bartered for drums - MusicalTraditions.com, AfricanRhythms.com, and various services.
Joe Styler (@Joe Styler), Domain Investor & Aftermarket Product Manager at GoDaddy
I donβt do that anymore. I once did a deal for cash and free pizzas for a year but after that I decided to stick to cash only.
Andrew Rosener (@SeafoodMan), CEO of Media Options Domain Brokerage
Yes, we have done lots of trades! Gold, bitcoin, and even a bottle of rare whiskey.
Morgan Linton (@domainflipper), Publisher of MorganLinton.com & Co-founder of Fashion Metric
I have not; all of the domains I've sold have been for cash so far.
These responses have been edited for clarity.