NameSilo
James Iles

Top Topics: How Was Your August?; I Sold This Domain for $10,000…

Views:
1,344
Comments:
5
By James Iles, Sep 5, 2021
  1. In this week’s Top Topics, domain investors reveal how many domains they sold in August, a domainer shares news of a $10,000 sale, and where have your domain sales originated from recently?


    How Was Your August?


    In the domain name industry, August can be a barren month. With most of the corporate world on vacation and many others focusing more on fun than work, domain sales can dry up.

    Here is your chance to share your August domain sales while seeing how other domainers fared. So far, it seems that there were plenty of investors that didn’t register one sale throughout August.

    Topic by: @DuDD


    I Sold This Domain for $10,000

    This domain investor acquired a three-word .COM in 2019 for $459. According to the discussion, the domainer thought that they paid too much for the name. However, the purchase seems to have paid off, literally.

    Two years after buying the name, the owner has announced the sale of the domain for $10,000. The transaction was closed via Escrow.com.

    Topic by: @Joseph CA


    Where Have Your Domain Sales Originated Recently?

    As domain owners, there are numerous options for selling domains. Inbound inquiries can lead to sizable sales, while outbound marketing can offer a quicker sale at a compromised price.

    There are also several leading domain marketplaces that produce regular sales for many domainers. This poll asks you to reveal where the majority of your domain sales have originated over the past three months.

    Topic by: @lknights1987


    I Don’t Use “Make Offer,” Just BIN Pricing

    When listing a domain for sale, there are usually two options. You either invite a buyer to make an offer, or you set a BIN (buy it now) price that anyone can see and take action on. Traditional thinking suggests that a BIN price is used for lower-value domains that could be impulsive buyers, while “make offer” is used on higher-value domains.

    However, this investor has been experimenting with using purely BIN pricing on their domain portfolio and it seems to have been a success. The investor lists several reasons for using BIN pricing in this discussion.

    Topic by: @twiki


    Failed Domain Negotiation - Has This Happened to You?

    Every so often, a potential domain buyer may say they have alternative names in mind, or they will go with a cheaper name if your name is out of their price range.

    It seems that in this case, after a failed domain negotiation, a buyer developed their business on a very similar name to the one they were originally interested in.

    Here, the domain’s owner is content to sit on the name until the buyer returns, but has this situation ever happened to you? Did a buyer ever return to buy your name after initially going with another?

    Topic by: @NickB


    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
     
    Last edited: Sep 5, 2021
    The views expressed on this page by users and staff are their own, not those of NamePros.
  2. Next Article
    The .EU Domain Name Extension
    Previous Article
    How To Decide What Domain Names To Renew
  3. Loading...
  4. James Iles

    About The Author — James Iles

    James is a domain name industry writer. Contact james (at) jamesiles.co.uk For all inquiries relating to NamePros stories and interviews, please email: [email protected] For James' own blog, visit JamesNames.com

    This is James Iles's 782nd blog post on NamePros. View all blog posts

    Home Page:
    https://jamesnames.com
    Actions:
    Follow
  5. Comments (5)

  6. The Durfer

    The Durfer Wesley Sweatman VIP Gold Account

    Posts:
    10,381
    Likes Received:
    15,444
    ty Mr. James. :)
     
  7. RocaBoy

    RocaBoy Upgraded Member Blue Account

    Posts:
    52
    Likes Received:
    8
  8. Bob Hawkes

    Bob Hawkes Top Member NameTalent VIP Gold Account Trusted Blogger

    Posts:
    7,711
    Likes Received:
    26,300
    Thanks for nice array of weekly topics @James Iles I found particularly interesting the one by @twiki on pure BIN, no make offer.
    -Bob
     
  9. Jamor

    Jamor New Member

    Posts:
    11
    Likes Received:
    7
    Thank you
     
  10. lknights1987

    lknights1987 Established Member

    Posts:
    155
    Likes Received:
    38
NameWorth
  1. NamePros uses cookies and similar technologies. By using this site, you are agreeing to our privacy policy, terms, and use of cookies.
    Dismiss Notice
Loading...