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James Iles

Top Topics: From a $3,000 to a $26,000 Sale; What’s the Best Pricing Strategy?...

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By James Iles, Dec 15, 2019
  1. In this week’s Top Topics, an investor shares their story of negotiating their way from a $3,000 offer to a $26,000 sales price. Elsewhere, domainers are hosting their own end of year awards ceremony and this week’s featured poll asks investors to vote on their most productive platform for domain name sales.

    From a $3,000 Offer to $26,000


    For some, a $3,000 inbound offer on a domain name purchased a year ago for $1,000 would be tempting to accept. However, this investor has a definitive valuation of their domain name and was sticking to their asking price.

    What turned could have been a $3,000 flip turned into a $26,000 pay day, which took several months for the buyer to agree to. Here, you can read this investor’s story of how they were able to negotiate their way up to $26,000.

    Topic by: @AbdulBasit.com


    The 2019 NamePros Awards

    With 2019 coming to a close, it’s an opportune time to review the year in domaining. As one of the largest communities in the industry, NamePros members have taken the initiative to create their own domaining awards.

    These awards largely highlight contributors, and worthy content. Since these awards are user generated, any investor can give an award for domainers that have helped the industry in some way.

    Topic by: @Bernard Wright


    What’s the Best Pricing Strategy?

    For domain names that are valued below $1,000, it may be more prudent to use a “Buy Now” listing at various marketplaces to ensure that your domain name is accessible to as many potential buyers as possible.

    But is there a price point under $1,000 where an impulsive purchase is more likely? For example, would a buyer be more likely to immediately purchase a name priced at $499 rather than $899?

    Topic by: @GoldenApple


    Quantitative Domain Investing with Bob Hawkes

    Bob Hawkes is currently the lead writer at NamePros Blog, and has produced some stellar data-driven articles lately. This love of data has transformed into some innovative ideas when it comes to analysis of potential domain acquisitions.

    In this podcast with Kickstart Commerce, Bob discusses the concept of quantitative analysis and its usage within domain name investing.

    Topic by: @Alvin Brown


    Poll: Where Did You Sell the Most Domains This Year?

    Domain sales can occur at any time and through any venue, but some marketplaces can create sales to some extent largely thanks to the exposure that some platforms can give to domains through partnerships with registrars.

    With it being the end of the year, it’s a perfect time to analyze the best performing marketplace for you. This poll asks investors to vote on their most productive platforms for the year.

    Topic by: @BrandChimp


    Top Topics of the Week is a blog series featuring the most popular discussions and content within the domain community. Tune in weekly to see what’s trending
     
    The views expressed on this page by users and staff are their own, not those of NamePros.
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  4. James Iles

    About The Author — James Iles

    James is a domain name industry professional currently working on numerous domain industry research, acquisition and sales projects. Contact [email protected] For all inquiries relating to NamePros stories and interviews, please email: [email protected]

    This is James Iles's 692nd blog post on NamePros. View all blog posts

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    https://about.me/iles
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  5. Comments (4)

  6. Bob Hawkes

    Bob Hawkes formerly MetBob NameTalent Gold Account VIP Trusted Blogger

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    Thank you @James Iles for mentioning my interview at Kickstart Commerce with @Alvin Brown - my first domain interview, at least as person being interviewed. :xf.grin:.

    As always, great rundown of topics. Thanks so much for all year each week putting together these awesome lists. (y)

    @AbdulBasit.com has so many great sales over the years, and has so many superb posts sharing his approaches with NamePros members. For those, like me, who have never negotiated a true high-value sale, very informative to read about the process.

    Thanks again, and best wishes for the holiday season.

    Bob
     
  7. oskaaay

    oskaaay Founder, GetDomainData.com

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    It was an interesting week here on NP and great roundup. Kudos!
     
  8. AbdulBasit.com

    AbdulBasit.com DomainsWeb.com AbdulBasit.com PRO VIP ★★★★★★★★★★

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    Thanks @James Iles for mentioning once again. Always appreciate your gesture :)

    @Bob Hawkes
    Thanks to you too for always being so kind. I'll be sharing as much as possible in future as well. I've learnt a lot from NamePros and have made many good friends over here.
     
  9. The Durfer

    The Durfer Upgraded Member Gold Account Blue Account VIP

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