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

 

[Federer]

Dropcatching/hand-registering previously registered domain names (.com/.net etc.) that relat to products or services, and then reaching out to 20-40 select companies that could potentially benefit from owning the domain, is a profitable model that I have been using on the side for 7+ years.

If you are targeting the right domain names, 1 domain in 5 (at worst) will sell. Average sales range: $100-$300. I do some marketing on most days and it only takes 15-20mins to market a domain to the key prospects. You can earn $150, spending just 1.5 hours/day doing some easy MKTG. Or $300/3 hrs a day. Many members here do not seem to have the patience/drive to keep up an effective MKGT routine. Just try it for 3 straight days, but you need to be grabbing the right kind of domains.

Do the math. Working part-time, with some basic negotiation skills, you can earn between $6,000 and $7,000 sending effective emails to the right buyers. Again, we are not talking about mid to top-tier domain names - always best to wait for end user inquiries on these. But looking for regular proactive sales, if you know what you are doing, there is plenty of opportunities in this space to earn a decent income, working less than half the hours of regular 9-5 workers, and earning a better wage in most cases.

 

[NetworkPearl]

Dropcatching/hand-registering previously registered domain names (.com/.net etc.) that relat to products or services, and then reaching out to 20-40 select companies that could potentially benefit from owning the domain, is a profitable model that I have been using on the side for 7+ years.

If you are targeting the right domain names, 1 domain in 5 (at worst) will sell. Average sales range: $100-$300. I do some marketing on most days and it only takes 15-20mins to market a domain to the key prospects. You can earn $150, spending just 1.5 hours/day doing some easy MKTG. Or $300/3 hrs a day. Many members here do not seem to have the patience/drive to keep up an effective MKGT routine. Just try it for 3 straight days, but you need to be grabbing the right kind of domains.

Do the math. Working part-time, with some basic negotiation skills, you can earn between $6,000 and $7,000 sending effective emails to the right buyers. Again, we are not talking about mid to top-tier domain names - always best to wait for end user inquiries on these. But looking for regular proactive sales, if you know what you are doing, there is plenty of opportunities in this space to earn a decent income, working less than half the hours of regular 9-5 workers, and earning a better wage in most cases.

Nice information but finding the decision maker of various companies tends to take lots of hours .

 

[Federer]

There is no need to find the decision maker when marketing your domains. In the majority of cases, if your name is attractive to the company, the initial email will get forwarded to the key destination inbox. This typically happens on most days I do some outbound marketing - and I have been doing this longer than 98% of members here.

To save a HUGE amount of time when marketing, include "email" in the search terms at Google.
For ex. if you are looking to sell InvestmentFirm.co.uk, at Google you would put the following terms:

"investment firm" email .co.uk

Many email addresses will be visible in the search results themselves - saving you precious time as you will not even need to enter many of the websites and locate an email address.

 

[mitok]

Dropcatching/hand-registering previously registered domain names (.com/.net etc.) that relat to products or services, and then reaching out to 20-40 select companies that could potentially benefit from owning the domain, is a profitable model that I have been using on the side for 7+ years.

If you are targeting the right domain names, 1 domain in 5 (at worst) will sell. Average sales range: $100-$300. I do some marketing on most days and it only takes 15-20mins to market a domain to the key prospects. You can earn $150, spending just 1.5 hours/day doing some easy MKTG. Or $300/3 hrs a day. Many members here do not seem to have the patience/drive to keep up an effective MKGT routine. Just try it for 3 straight days, but you need to be grabbing the right kind of domains.

Do the math. Working part-time, with some basic negotiation skills, you can earn between $6,000 and $7,000 sending effective emails to the right buyers. Again, we are not talking about mid to top-tier domain names - always best to wait for end user inquiries on these. But looking for regular proactive sales, if you know what you are doing, there is plenty of opportunities in this space to earn a decent income, working less than half the hours of regular 9-5 workers, and earning a better wage in most cases.

I do exactly this and can confirm it works! I have been doing this for years and thanks to this tactic domaining is my only job and I don't need to work anything else.

BUT, I usually spend more time on each sale. I usually need 5-6 hours of effective work for each sale as I separate around 80+ quality potential buyers and send an e-mail to each of them. It takes time, but I have a routine so 5-6 hours is enough for me.
By being more detailed you can expect 4/5 sales, not only 1/5, in usual range $100$-$300. Sometimes it is only $50, but sometimes it is even $xxxx.
How to find 80+ quality potential buyers? Well, do your due diligence before you take a domain which you plan to flip.

 

[korganian]

I do exactly this and can confirm it works! I have been doing this for years and thanks to this tactic domaining is my only job and I don't need to work anything else.

BUT, I usually spend more time on each sale. I usually need 5-6 hours of effective work for each sale as I separate around 80+ quality potential buyers and send an e-mail to each of them. It takes time, but I have a routine so 5-6 hours is enough for me.
By being more detailed you can expect 4/5 sales, not only 1/5, in usual range $100$-$300. Sometimes it is only $50, but sometimes it is even $xxxx.
How to find 80+ quality potential buyers? Well, do your due diligence before you take a domain which you plan to flip.

The tricky part is getting the most sales and still hauling in a big sale occasionally. Do you quote a price in your outbound emails or do you have a cleaver way of getting a motivated buyer to make an attractive offer?

 

[james haw]

@Federer @mitok
When you email, do you give a price or ask for offers? Or does this depends upon the name? For ones you do provide a price, is it usually low $xxx and do you achieve more sales from this model than leaving it to them to offer?

Thanks

 

[morf13]

Email, Email, Email. I've sent out likely 100 emails for various domains, received about 10-20 responses. and sold about 3 domains from my outbound emails.(about 3%)

In the coming weeks, I plan to send 20-30 emails out PER DOMAIN that I own. A lot of emails for sure, but I have 900 domains based on my current average, if I sent 2500 emails, and got 250 responses or 10%,I may be able to sell 75 domains(3%)

I average $300-$600 per domain, no homeruns yet, but 75 at $300 each is $20000+
The most time consuming part is researching and finding buyers to approach.

 

[mitok]

@Federer @mitok
When you email, do you give a price or ask for offers? Or does this depends upon the name? For ones you do provide a price, is it usually low $xxx and do you achieve more sales from this model than leaving it to them to offer?

Thanks

The tricky part is getting the most sales and still hauling in a big sale occasionally. Do you quote a price in your outbound emails or do you have a cleaver way of getting a motivated buyer to make an attractive offer?

In most cases I don't quote my asking price in first message as buyers many times surprise me with an offer higher than it would be my asking price.
This could be tricky as some potential end users might not even answer you as they think you will ask $5000. No problem, if you don't make a sale within a 7 days you may contact them all again and quote some low price this time ($50-$150). I have great experience with this tactic.
Maybe it would be good if I quote a price in my first message, but I usually don't do that because of given reasons.

I often send 200+ emails (targeted) and receive no more than 5-10% replies where half is "No thanks" and the other half "How much?" or even straight offer.
In most cases sales is certain.
200+ emails on 80+ potential end users because I send to whois address, web email and directly to owner or C-level management when possible.

I think this is the best way of domaining as it is the most liquid and you don't need more than $10 to start. Even if you start by taking GoDaddy auctions name you dont need more than $15-$30. Everyone could do this.
The only "problem" is that you need to work for your profit. I spend 5-6 hours of effective work for each sale. I am lazy so I don't work everyday, sometimes even for weeks. But if you are hard working you could really earn high $xxxx each month. Lets say that average sale is $200. That would be $6000 per month. With $250 as an average it would be $7500. If you get only 1 $xxxx sale it would be even more. You just need to work everyday Or you can frequently get $xxx if you will work only frequently. The choice is yours.
How to work each day when there are holidays, weekends etc.? No problem if you use "send later" option with your e-mail. You can work each day even 12 hours hours and prepare 2 sales with "send later option". No matter which day it is and if it is a holiday or weekend. That would be 60 potential sales, and if you get only 40/60 you would earn high $xxxx each month.
I usually send emails from Monday-Thursday at 9-11am considering local time of each potential end user. The best Tuesday-Thursday because I like to think potential end users are occupied with unfinished work and week plans on Monday, and are "away" on Friday as they plan their weekend.
You can prepare your email on Sunday 2am with "send later" option so it will be delivered whenever you want. So you can work even 24 hours per day, if you are capable of that, and enough crazy. No limits.

This is a real job and you have to work, but it definitely payoffs.

Or/and you can purchase some valuable domain and wait for the offers. Potentially much higher sale, but you never know when it will come and you will not be liquid.

 

[morf13]

In most cases I don't quote my asking price in first message as buyers many times surprise me with an offer higher than it would be my asking price.
This could be tricky as some potential end users might not even answer you as they think you will ask $5000. No problem, if you don't make a sale within a 7 days you may contact them all again and quote some low price this time ($50-$150). I have great experience with this tactic.
Maybe it would be good if I quote a price in my first message, but I usually don't do that because of given reasons.

I often send 200+ emails (targeted) and receive no more than 5-10% replies where half is "No thanks" and the other half "How much?" or even straight offer.
In most cases sales is certain.
200+ emails on 80+ potential end users because I send to whois address, web email and directly to owner or C-level management when possible.

I think this is the best way of domaining as it is the most liquid and you don't need more than $10 to start. Even if you start by taking GoDaddy auctions name you dont need more than $15-$30. Everyone could do this.
The only "problem" is that you need to work for your profit. I spend 5-6 hours of effective work for each sale. I am lazy so I don't work everyday, sometimes even for weeks. But if you are hard working you could really earn high $xxxx each month. Lets say that average sale is $200. That would be $6000 per month. With $250 as an average it would be $7500. If you get only 1 $xxxx sale it would be even more. You just need to work everyday Or you can frequently get $xxx if you will work only frequently. The choice is yours.
How to work each day when there are holidays, weekends etc.? No problem if you use "send later" option with your e-mail. You can work each day even 12 hours hours and prepare 2 sales with "send later option". No matter which day it is and if it is a holiday or weekend. That would be 60 potential sales, and if you get only 40/60 you would earn high $xxxx each month.
I usually send emails from Monday-Thursday at 9-11am considering local time of each potential end user. The best Tuesday-Thursday because I like to think potential end users are occupied with unfinished work and week plans on Monday, and are "away" on Friday as they plan their weekend.
You can prepare your email on Sunday 2am with "send later" option so it will be delivered whenever you want. So you can work even 24 hours per day, if you are capable of that, and enough crazy. No limits.

This is a real job and you have to work, but it definitely payoffs.

Or/and you can purchase some valuable domain and wait for the offers. Potentially much higher sale, but you never know when it will come and you will not be liquid.

I like these strategies and use some of them myself. Like you I don't quote a price to start off because they may offer more than I plan to ask. Also, they may think you want thousands of dollars, so a follow up email a week later with a price under $500 May result in some interest.

 

[mitok]

I like these strategies and use some of them myself. Like you I don't quote a price to start off because they may offer more than I plan to ask. Also, they may think you want thousands of dollars, so a follow up email a week later with a price under $500 May result in some interest.

Exactly

 

[Landov]

Federer, what site do you use for drop catching?

 

[Bullock]

Again, we are not talking about mid to top-tier domain names - always best to wait for end user inquiries on these. .

I can't make my mind in this issue

I'm a beginner, so I haven't estabished a criterion yet for deciding IF a domain name is worth as long term investment or it is better flip it.

May you help me?

 

[nparab]

In most cases I don't quote my asking price in first message as buyers many times surprise me with an offer higher than it would be my asking price.

In your first email, do you ask them explicitly to send you an offer? Or do they do this by themselves?

 

[New2Domaining]

If you are targeting the right domain names, 1 domain in 5 (at worst) will sell. Average sales range: $100-$300. I do some marketing on most days and it only takes 15-20mins to market a domain to the key prospects. You can earn $150, spending just 1.5 hours/day doing some easy MKTG. Or $300/3 hrs a day. Many members here do not seem to have the patience/drive to keep up an effective MKGT routine. Just try it for 3 straight days, but you need to be grabbing the right kind of domains.

200+ emails on 80+ potential end users because I send to whois address, web email and directly to owner or C-level management when possible.

@Federer, @mitok
1. Can you identity any specific niches or fields or types of domains that you believe work better for outbound emails? Any niches or fields or types of domains that you believe do not work well for outbound emails?

2. Are you mostly pitching geo-domains or non-geo-domains via email?

3. You said that you send “200+ emails on 80+ potential end users because I send to whois address, web email and directly to owner or C-level management when possible”. Do you send separate emails or include all the individuals associated with a company in a single email using CC /BC?

 

[mitok]

In your first email, do you ask them explicitly to send you an offer? Or do they do this by themselves?

I ask them to make an offer, but mention that we can discuss a price.

 

[mitok]

@Federer, @mitok
1. Can you identity any specific niches or fields or types of domains that you believe work better for outbound emails? Any niches or fields or types of domains that you believe do not work well for outbound emails?

2. Are you mostly pitching geo-domains or non-geo-domains via email?

3. You said that you send “200+ emails on 80+ potential end users because I send to whois address, web email and directly to owner or C-level management when possible”. Do you send separate emails or include all the individuals associated with a company in a single email using CC /BC?

1. Any niche. I sold domains in some niches I never heard about before. Sometimes it is some engineering stuff, sometimes law or retail, and sometimes geo+service/product/profession
No rule.

2. see above

3. ONLY separate emails. If some business is small with only several employees and I can find direct e-mail of the owner than I contact only him

 

[Haris]

Hi everyone,

Need to know how to track emails sent from a 'custom business email'? I think using one of my domains would be more professional but is there any service like GetSidekick or Streak which can be used for a 'custom business email'?

 

[bazabizo]

I need serious help here!
I am marketing a top Real Estate domain AustinHouse (in king) and I reached out to 20 VPs and Directors of Real Estate agencies in Austin using Linkedin Inmail. I used the message below, and only got 2 responses telling me they dont want the domain and not a single other response! I think this is a killer domain and at least deserved a couple of responses asking me for the price even if they wont buy it!

Hello xxx, Hope this finds you well. I am the owner of AustinHouse dot com (changed only here) . We are currently offering this domain name to Real Estate Enterprises in Austin. We believe its a great digital asset for any Real Estate company operating in Austin. Kindly, let us know if you want to discuss this further anytime at your convenience. Thanks... My name

This is really annoying me as I desperately want to start succeeding in outbound techniques but its not working Any help would be really appreciated. Thanks a lot in advance!!!!

 

[Loko]

I am marketing a top Real Estate domain ...

Tough...I believe Elliot wrote an interesting article about domains and real estate professionals some time ago. I have limited experience and sold only a few RE related domains but as far as I can recall those ended with 'Realty' or 'Condos'.

Have you looked at other endusers for your domain?

 

[damance]

I need serious help here!
I am marketing a top Real Estate domain AustinHouse (in king) and I reached out to 20 VPs and Directors of Real Estate agencies in Austin using Linkedin Inmail. I used the message below, and only got 2 responses telling me they dont want the domain and not a single other response! I think this is a killer domain and at least deserved a couple of responses asking me for the price even if they wont buy it!

Hello xxx, Hope this finds you well. I am the owner of AustinHouse dot com (changed only here) . We are currently offering this domain name to Real Estate Enterprises in Austin. We believe its a great digital asset for any Real Estate company operating in Austin. Kindly, let us know if you want to discuss this further anytime at your convenience. Thanks... My name

This is really annoying me as I desperately want to start succeeding in outbound techniques but its not working Any help would be really appreciated. Thanks a lot in advance!!!!

Go to remax.com, agent search, location: austin, tx
There is 353 agents with full personal info ( full name, email)

Set price in email, no more than $250

 

[bazabizo]

Go to remax.com, agent search, location: austin, tx
There is 353 agents with full personal info ( full name, email)

Set price in email, no more than $250

The thing is thats a 10K at least domain. Austin is one of the largest cities. $250 would apply if it was a small town!

 

[garptrader]

Given the commissions real estate agencies make from one sale (6% split x solid six figure price) , it would seem logical that they would value owning relevant domain names in their local markets. My experience and others has been that real estate agents generally speaking do not value domain names as part of their marketing arsenal (even though they will pay for color print advertising, billboards towed behind trucks going through the city, TV ads, and other forms of expensive yet ineffective advertising). Instead they will use their personal name or like the agency in my local market, some four-word triple hyphenated with abbreviations domain name even though they were telling me I could not find a rental in this area under $2000-$2500/month. AustinRealEstate.com (8100 exacts/month) would be easier to promote than AustinHouse (720 exacts) which does not sound as good either. AustinHomes (880 exacts) sounds much better than Austin House. One thing I did try in late 2014 was launching a number of EMD RE sites using Godaddy's Managed Wordpress hosting as they had a $1/month promo at the time. Generally speaking the sites did rank well in Bing and Yahoo for the exact term but the effort was not productive. Occasional leads would come in from someone looking for real estate in the relevant market but hundreds of outbound message to real estate agents/agencies resulted in no sale (while my effort was primarily Spanish domains, these were large cities like San Antonio, San Diego, Mexico City, Cancun, Bogota, Medellin, San Juan PR, etc.)

 

[000]

The thing is thats a 10K at least domain. Austin is one of the largest cities. $250 would apply if it was a small town!

Frankly, your valuation is way off. Houses would be nice. Homes even better. But house? It's just not that desirable, hence the low interest. Good luck!

 

[bazabizo]

Frankly, your valuation is way off. Houses would be nice. Homes even better. But house? It's just not that desirable, hence the low interest. Good luck!

how much is a fair evaluation? I appreciate the feedback. Thanks

 

[NetworkPearl]

how much is a fair evaluation? I appreciate the feedback. Thanks

AustinHomes.com and austinrealestate.com are the best.

AustinHouse doesn't sound that good .I had the chance to buy a similar big city+ house.com but I didn't.

No more than 1K $ for sure. If it was the plural then probably 500-2k $.