How do you convince end users to buy your domain names

[Sunkymike]

Hello guys,

I have sent emails to over 55 end users for 2 domain names, but i haven't been made any sale.
I have also read a lot of success stories on this website and practiced a lot of advice given. Surprisingly, I haven't made a sale yet.

So my question is, how do you convince your prospect to purchase a domain name you are offering?

Most of the end users i have contacted are top CEOs of several startups. How do you make these prospects have interest in your domain names from the first mail letter sent to them?

 

[AuctionBio]

I have a new idea for selling domains. Not tried before.

Go to non-domain forums and advertise under relevant category.
Even if there are no buyers, there might be some feedback.
.........
Another idea, but may not work at domain forums:

In wanted forum say: Looking for 3 letter .biz. Budget 100K max.
In domain for sale part say: nnn.biz for sale.
Use different usernames of course.
Also be careful about timing, IP etc.
Don't laugh. How do you think .com became popular.
The same strategy was used consistently in global scale.

Waoo what a method... but ohh its not, hang on, its un-ethical and sort of cheating,
many on this forum can tell you many cheating methods, but it all bad thing to do. these kind of methods actually hurts the whole industry.

 

[Haroon Basha]

Hello guys,

I have sent emails to over 55 end users for 2 domain names, but i haven't been made any sale.
I have also read a lot of success stories on this website and practiced a lot of advice given. Surprisingly, I haven't made a sale yet.

So my question is, how do you convince your prospect to purchase a domain name you are offering?

Most of the end users i have contacted are top CEOs of several startups. How do you make these prospects have interest in your domain names from the first mail letter sent to them?

While you are selling a domain name to the end user, you have to tell them how important this name is for the prosperity of the company. How this domain name will bring extra clients to them. You emphasis them that this domain name can shoot up their bottom line ultimately. You arouse interest and make them feel that buying this domain name is first thing to do.

 

[frank-germany]

With outbound you will never get anywhere close to the full value of a domain, just remember that.

that depends...

 

[frank-germany]

Thanks for your response. Most of the quantum domain names are for future sales. Quantum computer is still in the research stage by tech giants like IBM, Apple so its not likely to make any (good) sale on such domain names currently.

still they won't buy them

Another is Piling(dot)de which is a good name for piling contractors and construction companies on Germany

no

as they are not called piling contractors in germany

 

[Sunkymike]

While you are selling a domain name to the end user, you have to tell them how important this name is for the prosperity of the company. How this domain name will bring extra clients to them. You emphasis them that this domain name can shoot up their bottom line ultimately. You arouse interest and make them feel that buying this domain name is first thing to do.

Can you help me with a sample of a mail (sent to an end user) that relates to what you wrote above?

 

[Sunkymike]

Number 1 logical rule: You must be offering to them domains better than what they own.
If they own abccompanyinc.com, you can offer to sell abccompany.com; but not viceversa.
Also they may own abc.com also, and you may not know this, and not understand why they are not interested in your better domain.

This is obvious. But still far from being enough. In my experience contacting a potential buyer never works.
It may work indirectly. You may catch their attention, and they do research, and decide to buy months later, but not by replying the email. Maybe that email never reaches the ceo, and a middleguy will convince the ceo to get the domain for 100k, but offer 1k to you, and you will accept that 1k because of deseparation; or not knowing who the buyer is. And because of such a big price gap, your domain may never sell, because the ceo doesn't want to pay 100k. Just a possible scenario.

It is a mistake to assume that a hand regged domain can't sell for 4 figures or more quickly.
I'd handregged a .biz domain and sold it for 4 figures after 2 months, and its new owner sold it for 5 figures after 2 more months. Probably .biz was more popular at that time than it is now, but this is not the point. This can happen with any extension which is not very unpopular.
Also I registered keyword .biz domain for 5 usd, and sold it for almost 50k after 10 years, because that keyword became popular.
On the other hand I have top quality .biz and .infos I own since landrushes, and which never receive any offers.

If you offer a domain at a high-reasonable price, you look like a scammer. If you ask a low price you look cheap together with your domain (permanently). People don't like people who do favor to them.

I can imagine indirect methods, but I don't have tools; or they would be too time consuming.
People need to be exposed to some information from different angles to be convinced.
If only the seller is providing such info, this is unlikely to be helpful.

I don't like that domain business is very unpredictable. You can never know if you can sell your domain in 1 day or 10 years at 10 percent of its fair value. Only exception seems to be 3 letter .com's and similar domains. But even in this case you can't guarantee profit. One way to make things predictable could be using parking, but ppc services have a monopoly and don't pay little guys anymore. They use traffic to track people, not to convert them into sales directly. I'm not sure about this, but this is the impression I get.

In 90s you could make easy profit from .com's. in 2000s from google ranking+adsense, in 2010s from cryptos. Maybe I miss something.

So what medium do you use to sell you domain names (especially the .biz names).

 

[ThatNameGuy]

Normally the domain name does all the work (or it doesn't).
Then end users either get it or they don't.
Personally I don't do outbound, I prefer that end users come to us - then they are already convinced they need/want your domain, and the only question is how much.

If on the other end you send names that are not desirable/relevant to their business the response rate will be predictably low.

"Personally I don't do outbound, I prefer that end users come to us - then they are already convinced they need/want your domain, and the only question is how much."
So Kate...who would "us" be? Would that be Evergreen? I have some "end users" I'd like to send to you. Thanks in advance for your kind response.

 

[ThatNameGuy]

So what medium do you use to sell you domain names (especially the .biz names).

Sunkymike...sorry, but I'm just catching up with your thread. Like you, I'm keenly aware there aren't any CEO's or business owners coming to me to buy my domains. While I'm relatively new to the domain industry, I knew early on I was going to have to take my domains directly to the industries where industry leaders gather. ie, financial services conventions (banks, credit unions, mortgage lenders etc.) real estate conventions/meetings(local, regional, national etc), sports and entertainment venues(golf tournaments, championship venues, owners meetings, etc). I've had a lot of experience selling both products and services to these industries where "one on one" and "face to face" opportunities present themselves.

Bottom line, I knew to be successful in this business, i needed to be both progressive and aggressive. I've already attracted several investors who agree with me, and it appears I'm about to partner with a non domain industry entity that has agreed to help me sell my portfolio of .Golf domains.

Finally, like someone else stated, you do need to have good names to sell. I've been told I have some pretty good names (maybe 35% of my portfolio). The"average" appraisal for each of my names is well over $1,000. Good luck to you, and if you'd like to know anymore about my strategy, just send me a direct message.

 

[lock]

The idea is to sell domains that sell themselves. If you are thinking up a domain and haven't already considered who is buying it then you probably have jumped the gun. You need to be either the end user yourself or know who your selling it to. If you plan to just buy sit and hope for the best then keep dreaming. You mention outbound emails so how have you worded it? The wording can make or break a deal before you know it.

 

[Sunkymike]

The idea is to sell domains that sell themselves. If you are thinking up a domain and haven't already considered who is buying it then you probably have jumped the gun. You need to be either the end user yourself or know who your selling it to. If you plan to just buy sit and hope for the best then keep dreaming. You mention outbound emails so how have you worded it? The wording can make or break a deal before you know it.

This is an example of my outbound email:

Hello Alessandro,

My name is Michael Olatunbosun, owner of the web domain: DoctorsAI(dot)com. I thought your company XXXX.com might take an interest in buying it.

Should you have interest in acquiring this asset, kindly reply this mail so that I can introduce myself and answer any question you may have. If you would also love to know how the purchase of DoctorsAI(dot)com can hugely affect your brand and website (Your.MD), let me know.

Thanks and best regards

 

[Sunkymike]

Alright

Sunkymike...sorry, but I'm just catching up with your thread. Like you, I'm keenly aware there aren't any CEO's or business owners coming to me to buy my domains. While I'm relatively new to the domain industry, I knew early on I was going to have to take my domains directly to the industries where industry leaders gather. ie, financial services conventions (banks, credit unions, mortgage lenders etc.) real estate conventions/meetings(local, regional, national etc), sports and entertainment venues(golf tournaments, championship venues, owners meetings, etc). I've had a lot of experience selling both products and services to these industries where "one on one" and "face to face" opportunities present themselves.

Bottom line, I knew to be successful in this business, i needed to be both progressive and aggressive. I've already attracted several investors who agree with me, and it appears I'm about to partner with a non domain industry entity that has agreed to help me sell my portfolio of .Golf domains.

Finally, like someone else stated, you do need to have good names to sell. I've been told I have some pretty good names (maybe 35% of my portfolio). The"average" appraisal for each of my names is well over $1,000. Good luck to you, and if you'd like to know anymore about my strategy, just send me a direct message.

. I'm sliding into your Dm right away

 

[Haroon Basha]

Can you help me with a sample of a mail (sent to an end user) that relates to what you wrote above?

I will send you one after a few days, as I am on vacation now. Thank you.

 

[topdom]

Why introduce myself while they will do business with Sedo or an alternative, and not with me.

 

[topdom]

How about this: Create a landing page which contains subliminal messages which make the visitor think positively about the domain and the seller.

Or hire a professional convincer, who would get 30 percent if there is a sale.

 

[frank-germany]

How about this: Create a landing page which contains subliminal messages which make the visitor think positively about the domain and the seller.

Or hire a professional convincer, who would get 30 percent if there is a sale.

I am not convinced

 

[Sunkymike]

How about this: Create a landing page which contains subliminal messages which make the visitor think positively about the domain and the seller.

Or hire a professional convincer, who would get 30 percent if there is a sale.

And how can one get a professional convincer to do this job?

 

[Kate]

Probably mean this:

Don't waste your time

 

[Joe N]

And how can one get a professional convincer to do this job?

That would be a broker. But they typically only deal in high value names.

 

[ro5hit]

90 percent of my domains are desirable and have no bidders. Sedo's confusing landing pages may be responsible for this.

I sold 3 non-com domains each for 5K or more this year at Sedo. This may mean, buyers may have worked hard to learn how to place a bid, and this effort may have justified their purchases.

Maybe for top quality strategic domains (I mean ones which would be renewed forever). it is a good thing to confuse less motivated buyers, but for tactical domains everything should be made as clear a as possible: good looking landing pages, no ads, no distractions, only essential and convincing info related to domain.

At some registrars, like Enom, even the ugliest domain looks beautiful because of font type they use.
Sedo's font type choices are bad and this might be preventing some sales.

IMHO Use https://undeveloped.com/ , best landing pages ever

 

[sircc]

That's rather easy. Have in your possession, domains they actually need.