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information Mike Mann Puts All 300k Domains Up For Sale With BIN Prices

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Silentptnr

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The views expressed on this page by users and staff are their own, not those of NamePros.
Haha yeah, but can you imagine the headache of transferring tens of thousands of domains? I cringe at the thought of a few dozen transfers lol :xf.confused:
I cant imagine dealing with 300k domains. Far too big a bet with far too much cash committed for me. Huge business.

He should build his brand and sell as a company.
 
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what is the value of the entire portfolio?
haven't gone through the list yet, but we all know Man sure doesn't follow laid down valuation logic.
 
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guys he is NOT offering 300K domain at BIN prices
headline is fake news
 
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haven't gone through the list yet, but we all know Man sure doesn't follow laid down valuation logic.

Haha he sure as hell doesn't lol, some of the names he's sold for thousands of dollar, I would've declined had they been offered to me for free :oops: It's truly inspiring seeing Mann's magic at work :xf.smile:
 
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0537News.net $350! What? This is a nine figure domain :)

for all have $2,706,674,798 ready. Unless I got it wrong (did autosum after highlighting the price column). He will probably sell them even for $2.5 Billion if you ask him nicely :)
 
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I might regret not buying his portfolio. O_o
 
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I looked. Some names are better than others. Will take years to sell these at decent prices, even if he had 1000 such names could take years, let alone 300K.
 
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I just posted this..

Just read an article by Konstantinos Zournas....

Here's an interesting excerpt...

Here are some stats that GoDaddy shares:

  • Number of domains under GoDaddy management: 73 million
  • Their estimated value: $36.6 billion
  • Estimated value of U.S. domains managed by GoDaddy: $26 billion
  • Estimated value of international domains managed by GoDaddy: $10.6 billion
  • GoDaddy’s average selling price for domains sold this year: $2,344
So the average domain name that is registered at GoDaddy is worth about $500 according to GoDaddy.

Full article here:
https://onlinedomain.com/2017/12/04...-new-domain-valuation-tool-interesting-stats/


Now that's a whooole lot of domains!
 
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I've always thought he's drastically overpriced his better names. That's probably why they haven't yet sold.
 
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I looked. Some names are better than others. Will take years to sell these at decent prices, even if he had 1000 such names could take years, let alone 300K.

Unless the name is very specific and used in say, e-commerce, law, insurance or some other profitable field, I agree with you.
 
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Jeez the list is full of lucky dip tickets going through it made me dizzy :xf.confused: well with 300 K names you are bound to win some. Renewal times must be so painful seeing 7 figure sums leave your account yearly can affect your soul but hey maybe we are just smaller fishes swimming in a pond full of crocs the numbers game is at play here. Mike Mann is definitely a legend no doubt.
 
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At some point he must have thought each name was worth buying or registering ... but for every bad name, he's got 100's of good names - and not exactly priced to sell.
 
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Let us not forget we all see his domains from the eyes of a domainer. Meaning if WE we able to his names at reg fee for the most part we would say no and move on. Look at it from the point of an end user. He has a domain (no matter how bad WE as domainers think it is) that a person wants for whatever project and he has a hell of high BIN. So what the person on the other ends needs it and he has it.

Now multiply that by the thousands of crappy names he has (again crappy in terms of domainers) and he can still sell them to that particular person who needs that name. It is all a numbers game more then having the BEST domain.

Look at his previous sales for proof. many of the names we see as junk BUT to that person that needed it it was GOLD to him/her. So in this case I WISH I had his portfolio as even if I did not want to command high prices I could sell tons of "crappy names" on the daily and still be rich!
 
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The age old question, Buy Now vs. Make Offer, you can see that even the bigger domainers change on that from time to time.

I was actually thinking lately, why don't I have all mine at Buy Now? I mean, eventually you need a price that you're willing to sell it at. I don't recall ever getting an offer that I accepted immediately (you should never take the first offer anyway) or an offer that I felt was more than some number I was willing to accept. It's usually Make Offer, Counter Offer and the game begins. But again, you eventually do need a number you're willing to sell it at. You can have a Buy Now and still accept offers. So why not go ahead and figure that number out.

I think for me, it's just easier and gives me time to come up with some numbers. Also, listing at multiple marketplaces, with a Buy Now there is a chance 2 different people click that Buy button. Probably rare with that. Then, sometimes things change. A domain you priced at X, something happens in the news or something, it starts to trend up, some people forget to adjust those prices. Seen a few cases of that mentioned on this forum.

You probably are going to get more sales with something that is priced.

Side note just brainstorming, I wonder if somebody like Namejet ever considered a Buy Now section. I know they're a little different animal than GoDaddy or Flippa where you can set Buy Nows. I think the money would roll. Maybe charge a smaller percentage, but I think it would be easy money for them.
 
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The age old question, Buy Now vs. Make Offer, you can see that even the bigger domainers change on that from time to time.

I was actually thinking lately, why don't I have all mine at Buy Now? I mean, eventually you need a price that you're willing to sell it at. I don't recall ever getting an offer that I accepted immediately (you should never take the first offer anyway) or an offer that I felt was more than some number I was willing to accept. It's usually Make Offer, Counter Offer and the game begins. But again, you eventually do need a number you're willing to sell it at. You can have a Buy Now and still accept offers. So why not go ahead and figure that number out.

I think for me, it's just easier and gives me time to come up with some numbers. Also, listing at multiple marketplaces, with a Buy Now there is a chance 2 different people click that Buy button. Probably rare with that. Then, sometimes things change. A domain you priced at X, something happens in the news or something, it starts to trend up, some people forget to adjust those prices. Seen a few cases of that mentioned on this forum.

You probably are going to get more sales with something that is priced.

Side note just brainstorming, I wonder if somebody like Namejet ever considered a Buy Now section. I know they're a little different animal than GoDaddy or Flippa where you can set Buy Nows. I think the money would roll. Maybe charge a smaller percentage, but I think it would be easy money for them.


putting a price for a domain
settles that price in buyers mind

its ancored

now he may not bid $100 USD for the $5k name
but $1.500 USD
.. and you might accept
 
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guys he is NOT offering 300K domain at BIN prices
headline is fake news

You have to admit twitter seems to be a great self promotion tool, for all to use. Grabs immediate attention and look how fast this thread has grown in a few hours. Funny to read some the dropped names appear too. If he were to have a fire sale, it would not do him any good for the entire business and trust bestowed by his previous customers either, that is an inherent problem with sales. Great for short term, not long term.
 
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Come one, It has been disscussed many times. He has no discount! He even asked one in twitter and said he will be moving everything to godaddy if he dosen`t get any. he pays regular ffees like everyone else. Some forum memebers still belvie he gets some kind special ICANN discount.
my god
You don't know that for certain. Large portfolio holders, especially ones that are outspoken like Mann help to market this business to the thousands of domainers that hold millions of domains that ICANN makes money from. Every single time he goes on Twitter and boasts about his latest sales, makes the thousands of domainers continue to hold onto their crap portfolios hoping for the chance of a sale. If there is anyone that would get a discount I would easily assume it would be Mann. It makes perfect business sense in my eyes.
 
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He is selling a lot as well, but personally I don’t understand why he do not clean it up and keep the best 10-20% ones. At the same time, it is Mike Mann god damn it. So, I am positive he has a kind of sophisticated game plan.
 
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The age old question, Buy Now vs. Make Offer, you can see that even the bigger domainers change on that from time to time.

I was actually thinking lately, why don't I have all mine at Buy Now? I mean, eventually you need a price that you're willing to sell it at. I don't recall ever getting an offer that I accepted immediately (you should never take the first offer anyway) or an offer that I felt was more than some number I was willing to accept. It's usually Make Offer, Counter Offer and the game begins. But again, you eventually do need a number you're willing to sell it at. You can have a Buy Now and still accept offers. So why not go ahead and figure that number out.

I think for me, it's just easier and gives me time to come up with some numbers. Also, listing at multiple marketplaces, with a Buy Now there is a chance 2 different people click that Buy button. Probably rare with that. Then, sometimes things change. A domain you priced at X, something happens in the news or something, it starts to trend up, some people forget to adjust those prices. Seen a few cases of that mentioned on this forum.

You probably are going to get more sales with something that is priced.

Side note just brainstorming, I wonder if somebody like Namejet ever considered a Buy Now section. I know they're a little different animal than GoDaddy or Flippa where you can set Buy Nows. I think the money would roll. Maybe charge a smaller percentage, but I think it would be easy money for them.


Think about how people dislike car sales. And the prospective customer is guessing, and negotiating and “let me talk to the sales manager game”, all the make offer mode of b.s. is why people HATE to buy a car. All the monkey business and the game. On the other hand if you post all with prices, then all your competitors study them and then lower theirs. I am not referring to Masterati valued names, only the Ford generic low end names and perhaps mid range. My 2 cents. Prior to this, I struggled years flipping back and forth from posting pricing in my direct sales outbound marketing versus, “call me to get a price”. Once the mailings hit the desks- then I got hit with all my competitor dealers fake inquiries, the typical free appraisal type seekers from both dealers and end users, the tire kicker types still would call me, and then I was able to create a blacklist of those types. Voicemail was the screener, not hit cold from direct call in. I became secretive on prices and had competitors grill me at trade shows, and just dodged them. Then we set an MSRP, but then unscupulous dealers would not respect that even though they were supposed to (think the Apple store price model).

There is no easy answer. One thing I admire one particular domain broker for is NOT disclosing his final sales prices to go public, especially to his competitors. He goes out publishing high asking prices to set in the prospects mind a certain value, then once negotiations start It keeps him at his market position, then discounts from there. Win, win, win. Buyer, seller, broker.
 
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Think about people dislike car sales. And the prospective customer is guessing, and negotiating and all the make offer mode of b.s. is why people HATE to buy a car. All the monkey business and the game. On the other hand if you post all with prices, then all your competitors study them and then lower theirs. I am not referring to Masterati valued names, only the Ford generic low end names and perhaps mid range. My 2 cents. Prior to this, I struggled years flipping back and for posting pricing in my direct sales outbound marketing versus, “call me to get a price”. Once the mailings hit the desks- then I got hit with all my competitor dealers fake inquiries, the typical free appraisal type seekers from both dealers and end users, the tire kicker types still would call me, and then I was able to create a blacklist of those types. Voicemail was the screener, not hit cold from direct call in. I became secretive on prices and had competitors grill me at trade shows, and just dodged them. Then we set an MSRP, but then unscupulous dealers would not respect that even though they were supposed to (think the Apple store price model).

There is no easy answer. One thing I admire one particular domain broker for is NOT disclosing his final sales prices to go public, especially to his competitors. He goes out publishing high asking prices to set in the prospects mind a certain value, then once negotiations start It keeps him at his market position, then discounts from there. Win, win, win. Buyer, seller, broker.

Yep, I think that's why places like CarMax do so well.

"There’s no haggling
Breathe easy - we don’t play pricing games. We offer one fair price."

That's where I usually go.
 
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With so many domains he should be running his own registrar.
 
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With so many domains he should be running his own registrar.

Aside from ICANN annual registry fees, isn’t $0.18 each name?
 
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With so many domains he should be running his own registrar.
Yes, then he could inject his names as premiums and make income off reselling registrations.
 
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GD has 73 million under management.
 
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