strategy How to Find Potential End Users?

[shilmy]

Hi,

Do any of you has regularly sell your domain to end users? If so, do you mind share with me in this thread on how find potential end users for your domain?

Regards,
Sjarief

 

[burleigh]

Thanks everyone for the replies! It seems like the consensus is to get it more time.

I read back through the pages and found a useful post by Joshua. I like this approach and have summarised it below.

1) Day before deadline date

- Send email reminding interested parties of original offer
- Send this email in the morning

2) Deadline date (if still no reply)

- Ring interested parties - 'Ringing to get your thoughts on the original price quoted'. This may result in two responses:

a)'No thanks'
i) Ask 'What is the most you'd be willing to offer'
ii) Add 'If it's a serious offer I'll consider it after contacting my other candidates'

b) An offer is made, but below original asking price
i) Accept it on the spot

****************************************************************
This is approach certainly doesn't come with a gurantee, but it's a gameplan of sorts. Has anyone had success doing something similar? Is there anything I could improve on?

 

[0500559543]

how about this :

let say i have one domain called, remido.com

and them there's an established company called, remidostore.com OR remidocompany.com

i want to offer my remido.com to them

but im confused, am i have gonna have issue with TM (trademark) here?

sorry for my poor english ...

 

[DNK.it]

how about this :

let say i have one domain called, remido.com

and them there's an established company called, remidostore.com OR remidocompany.com

i want to offer my remido.com to them

but im confused, am i have gonna have issue with TM (trademark) here?

sorry for my poor english ...

If it is an American company take a look here:

Advanced USPTO Site Search

btw if you offer your domain for low xxx you should be safe also with tm issue on it, but really depends on the owner of the company

 

[JoshuaPz]

btw if you offer your domain for low xxx you should be safe also with tm issue on it, but really depends on the owner of the company

Yes, it does depend on the nature of the company. Do not assume that they would rather pay low $xxx on the name than UDRP you and then sue you for damages to recover the UDRP costs. If we're talking a large corporation or even an SMB, they would probably rather fork over $2000 to turn you into an example than opt for a low $xxx settlement. Be prepared to either go to court or give up the domain for free.

And even if they did settle for low $xxx, exacting cash by cybersquatting is bad karma and serves to reinforce the general public's view of domainers as cybersquatters.

Never register or purchase a domain with intent to sell it to one specific company, especially if they're well-established and hold a TM on that domain's keywords. If there multiple companies who go by the keywords in those domains then you're probably better off, but still liable to UDRP if you offer it one of the companies who owns the TM.

Also, contrary to popular belief, a "TM domain" is not simply a domain whose keywords are trademarked by at least one firm. More on that later.

 

[0500559543]

Thanks for your answer guys, but what is "UDRP" ?

 

[JoshuaPz]

Thanks for your answer guys, but what is "UDRP" ?

Uniform Domain Name Dispute Resolution Policy - Wikipedia, the free encyclopedia

 

[Billy2009]

Trying to sell to End Users

This has got to be the worst business in the world. I have sent hundreds of emails and not sold anything. On top of that I feel like a used car salesman approaching people with things they don't want. The domains I'm trying to sell are solid. It is basically impossible, I think.

I am considering just having the names dropped from my registrar. How do you guys operate in a business where you feel like dirt approaching people to sell them things they don't want because they are too stupid to understand what you are talking about? On top of that the amounts involved are pitiful compared to any business I have ever been involved with. Unbelieveable! I would rather sell brushes door-to-door than be involved in this s#@t.

 

[lincolndsp]

This has got to be the worst business in the world. I have sent hundreds of emails and not sold anything. On top of that I feel like a used car salesman approaching people with things they don't want. The domains I'm trying to sell are solid. It is basically impossible, I think.

I am considering just having the names dropped from my registrar. How do you guys operate in a business where you feel like dirt approaching people to sell them things they don't want because they are too stupid to understand what you are talking about? On top of that the amounts involved are pitiful compared to any business I have ever been involved with. Unbelieveable! I would rather sell brushes door-to-door than be involved in this s#@t.

Bill, I agree this is not an easy business to work in. Requires lots of time and energy to be spent to be successful. Anyways, NP is the best place where domainers can learn the business of end-user domain sales. So don't give up, just have a break.

 

[garptrader]

Billy I can relate to your frustration. I realize noone is going to buy junk and you cannot offer a so-so domain for $5000 and expect it to sell. But it can be difficult to find buyers willing to pay what you believe is a fair price or even close to it. You get insulting responses and in my case ~900 emails (mostly to end users with inferior domains or branded non-generics)while also running an Adwords campaign for my sales site resulted in zero sales. So I started developing. We now have nine active sites. Strangely yesterday out of the blue I received an email inquiry about one of the domains we had promoted in February (I don't believe the contact is from our list).

 

[Steven]

This has got to be the worst business in the world. I have sent hundreds of emails and not sold anything. On top of that I feel like a used car salesman approaching people with things they don't want. The domains I'm trying to sell are solid. It is basically impossible, I think.

I am considering just having the names dropped from my registrar. How do you guys operate in a business where you feel like dirt approaching people to sell them things they don't want because they are too stupid to understand what you are talking about? On top of that the amounts involved are pitiful compared to any business I have ever been involved with. Unbelieveable! I would rather sell brushes door-to-door than be involved in this s#@t.

Sorry to hear about the difficulties you're facing trying to sell to potential end users.
It's definitely not easy, and it'll take some good quality names and great salesmanship to make that xxx to xx,xxx sales.

btw, out of curiosity, were you trying to sell .tel names?

 

[Nattydomain]

This has got to be the worst business in the world. I have sent hundreds of emails and not sold anything. On top of that I feel like a used car salesman approaching people with things they don't want. The domains I'm trying to sell are solid. It is basically impossible, I think.

I am considering just having the names dropped from my registrar. How do you guys operate in a business where you feel like dirt approaching people to sell them things they don't want because they are too stupid to understand what you are talking about? On top of that the amounts involved are pitiful compared to any business I have ever been involved with. Unbelieveable! I would rather sell brushes door-to-door than be involved in this s#@t.

Why dont you post a copy of the email (minus the actual names) and what price you are offering and see if there is anything we could help you with

 

[Billy2009]

Thanks for the encouragement guys. It's appreciated.

Steven: Not selling .tel's as I think it is too early.
Lincolndsp: Very helpful advice; taking a break, thank you.
GarpTrader: Have parked at Whypark but adding content slowly
NattyDomain: Will post email later today amd domain names (I don't mind you knowing).

Again, thanks guys, I was really frustrated when I posted email (still am lol!)

 

[Steven]

Thanks for the encouragement guys. It's appreciated.

Steven: Not selling .tel's as I think it is too early.

No problem

I've contacted a travel website with multi million dollar invested into it with a domain that better suits the extension (the company is using the same extension) for $200, and even then, the company has decided not to purchase it.

But, there are plenty of potential end users around. As long as you don't give up, improve on the sales skills and be persistence, I believe that success in this business is definitely possible.

 

[zhwdan]

JeeJee,
try to find more potential buyers
(I would say in 1hr.info case arround 100 or more, and do not limit this to a certain industry)

Problem with your domain is, that the .com is also for sale (stupid price -lol).
The .net is used by a not so popular web hosting company.
The .org is taken by a PPCer
This makes the TOP potential buyers shrink

If you do not know the name just use the company name.
A WHOIS lookup also gives you something to base on.

There are no real tricks to approach the end user.
--> Just be polite, be proffessional, tell the truth.

Concidering your doubts about spam:
For shure there is the risk, but you can/should minimize it by applying the basic rules stated in this thread.
(A 1 by 1 mailing is no spam)

Good luck

i agree. the most important is to be polite, be proffessional, tell the truth.

 

[Billy2009]

Sample Email

Here is the email I sent firstly. Later I actually put a price into the email based on what Estibot said it was worth - Estibot said $2,200 which I thought was about right. I know Estibot is usually way out. The name does not rank in search but it covers university publishing.

"Dear Sir/Madam

I am the owner of AcademicPublications.com which I have decided to sell. I am wondering if you would be interested in purchasing this domain name?

If you are interested please do not hesitate to contact me to negotiate a price.

Yours faithfully

Bill *******"

I only have a email address because I am travelling constantly. I kept the message short and to the point. Emails were sent to individuals if I could find an email, otherwise to the Contact email address.

I sent out about 50 of those. Then the next batch of 50 had a price of $2,500. In the last batch of 50 I dropped the price to $1,999.

Be interested in your views. Thanks again guys.

 

[zhwdan]

this's a useful thread, for some of us are the domain owners, transferers, resellers or registrars. in my opinion, what we should do is below:
1, must choose the good domain name(short, meaningful, easy remembering,etc)
2, search the related end user by any ways(internet,yellow page,newspaper,etc)
3, tell the user what you have and how important the domain name means to him (e-mail,phone,message,etc)
4, the most important is: all what you have done is polite and suitable.

 

[JoshuaPz]

Bill, endusers aren't responding to your message because its grammar is off, its language puerile, and the "Yours faithfully" taints it with the flavor of a 419 scam. You're also not conveying any sense or urgency or the impression you researched your enduser before sending out your message. The "Dear Sir/Madam" byline and failing to mention the enduser's current website URL or any topical information described his/her site makes it appear you used a bulk e-mail program to fire out those messages. Failing to mention anything about yourself (enduser's brain: is he a journalist with a stable job or shady guy on the Internet trying to scam people?) and, worse, failing to provide a phone number are both huge no-nos. If you're always traveling, grab a SkypeIn number and ensure it consistently forwards to whatever phone you have access to.

Targeted, well-written pitches CAN and DO result in enduser interest, and eventually, sales. But if you've never flipped a domain before, aim for conversions in the $150-$500 range rather than $1k+. Snag a small profit and build on confidence you earn from it. Expect to lose money overall for a first several months, if not the first year, of your career as a domain investor and to chalk it all up to a good learning experience. Your lack of e-mail responses, and your present attitude, arose from setting the bar too high for yourself and then leaping before looking.

To get a sense of what successful domain name pitches and negotiations look like, check out these transcripts I've posted:
End-user Domain Name Sale Transcripts - NameFlipper

As well as my beginner's cheatsheet on pricing domains for endusers:
Your Enduser Pricing Cheatsheet - NameFlipper

If you still encounter zero success after several months, consider that domain investment might not be for you, move on to better-stratified area of live, and view yourself as no less a person because of it. But walking away after launching a few miswritten e-mail pitches and sprouting some beginner's boils would be premature. Good luck!

 

[Billy2009]

Bill, endusers aren't responding to your message because its grammar is off, its language puerile, and the "Yours faithfully" taints it with the flavor of a 419 scam. You're also not conveying any sense or urgency or the impression you researched your enduser before sending out your message. The "Dear Sir/Madam" byline and failing to mention the enduser's current website URL or any topical information described his/her site makes it appear you used a bulk e-mail program to fire out those messages. Failing to mention anything about yourself (enduser's brain: is he a journalist with a stable job or shady guy on the Internet trying to scam people?) and, worse, failing to provide a phone number are both huge no-nos. If you're always traveling, grab a SkypeIn number and ensure it consistently forwards to whatever phone you have access to.

Targeted, well-written pitches CAN and DO result in enduser interest, and eventually, sales. But if you've never flipped a domain before, aim for conversions in the $150-$500 range rather than $1k+. Snag a small profit and build on confidence you earn from it. Expect to lose money overall for a first several months, if not the first year, of your career as a domain investor and to chalk it all up to a good learning experience. Your lack of e-mail responses, and your present attitude, arose from setting the bar too high for yourself and then leaping before looking.

To get a sense of what successful domain name pitches and negotiations look like, check out these transcripts I've posted:
End-user Domain Name Sale Transcripts - NameFlipper

As well as my beginner's cheatsheet on pricing domains for endusers:
Your Enduser Pricing Cheatsheet - NameFlipper

If you still encounter zero success after several months, consider that domain investment might not be for you, move on to better-stratified area of live, and view yourself as no less a person because of it. But walking away after launching a few miswritten e-mail pitches and sprouting some beginner's boils would be premature. Good luck!

Thanks for taking the time to give the great advice - appreciated. I'll give it another try and check out the SkypeIn number. Many thanks. Repped!

 

[lincolndsp]

Targeted, well-written pitches CAN and DO result in enduser interest, and eventually, sales. But if you've never flipped a domain before, aim for conversions in the $150-$500 range rather than $1k+. Snag a small profit and build on confidence you earn from it.

This is the golden rule for the one in the start of end-user selling. As I am in this start phase now, I never put a price-tag over $195 for the domains I hand-regged and I am glad to have as much as an end-user can offer to compensate for the reg-fee and make any profit.
That's what I think Bill, but again I'm still in the very start, so building confidence in the self with small sales with a 4x-10x ROI is very important at this point.

 

[Nattydomain]

Here is the email I sent firstly. Later I actually put a price into the email based on what Estibot said it was worth - Estibot said $2,200 which I thought was about right. I know Estibot is usually way out. The name does not rank in search but it covers university publishing.

"Dear Sir/Madam

I am the owner of AcademicPublications.com which I have decided to sell. I am wondering if you would be interested in purchasing this domain name?

If you are interested please do not hesitate to contact me to negotiate a price.

Yours faithfully

Bill *******"

I only have a email address because I am travelling constantly. I kept the message short and to the point. Emails were sent to individuals if I could find an email, otherwise to the Contact email address.

I sent out about 50 of those. Then the next batch of 50 had a price of $2,500. In the last batch of 50 I dropped the price to $1,999.

Be interested in your views. Thanks again guys.

Agree with most here on this one. I to used to think ok, if they have money then $x,xxx is like pennies to them. But then again if THEY wanted your domain so bad they would have scouted you first instead of the other way around. Start off with domains like one said in the $100-$200 range. If you got the domain for $20 or less thats still a good profit.

Look at it like this. say you buy 5 domains @ $8 a piece...thats $40 and then flip each one for a $100 a piece. Thats $500..now do that weekly and for the month you have $2000. Greed will always keep you poor and im learning to control that myself

 

[john_karr]

This has got to be the worst business in the world. I have sent hundreds of emails and not sold anything. On top of that I feel like a used car salesman approaching people with things they don't want. The domains I'm trying to sell are solid. It is basically impossible, I think.

I am considering just having the names dropped from my registrar. How do you guys operate in a business where you feel like dirt approaching people to sell them things they don't want because they are too stupid to understand what you are talking about? On top of that the amounts involved are pitiful compared to any business I have ever been involved with. Unbelieveable! I would rather sell brushes door-to-door than be involved in this s#@t.

What Domain names are you trying to sell to the Enduser? Just curious!

 

[bgmv]

What Domain names are you trying to sell to the Enduser? Just curious!

Its Academic/Publications dot com

 

[snowberry]

try putting the "this domain for sale" sign on a page or content area that has especially strong interest. Visitors are often fellow webmasters checking things out. Convert picky visitors to potential buyers.

 

[0500559543]

Look at it like this. say you buy 5 domains @ $8 a piece...thats $40 and then flip each one for a $100 a piece. Thats $500..now do that weekly and for the month you have $2000. Greed will always keep you poor and im learning to control that myself

is it works for you?

im just wondering ... :hehe:

 

[Nattydomain]

is it works for you?

im just wondering ... :hehe:

No, but its my starting point goal ...I also have to learn not to be greedy. manytimes I may get $100 offers right off the bat, say no and end up renewing the name a year later....trying to get out of that habit