IT.COM

discuss If you had a $100k budget to acquire a domain, what's your first offer?

NameSilo
Watch
Impact
1,877
If you have a domain name listed as Make Offer that you want to acquire, for which you have an allocated and approved budget of $100,000 and another $100,000 which can be tapped into, after discussing with the team, which you absolutely have to acquire as the CMO of your organization, how much would you offer as your first offer to the seller and why?

I would start with $5,000 because too low and the buyer won't take it seriously and too high and the buyer would ask for a much higher price.
 
0
•••
The views expressed on this page by users and staff are their own, not those of NamePros.
Far too many variables involved, for such a thing...it absolutely depends

If given such a budget to acquire a domain that we "absolutely have to acquire" as you said, I'm not going to beat around bush, under such circumstances. I'd attempt to ask for a ball park figure, to give me some rope so I can get a feel for what the seller wants, and probably give him it if within budget, considering the importance...representing an organisation that has $100k spare, with an extra $100k if need be...that's quite something. What is the domain anyway? Assuming its nothing crazy premium. The example given sounds serious, so in summary...I wouldn't screw around much. IMO
 
Last edited:
3
•••
How long is a piece of string?

AKA there is not enough information to properly answer the question. It depends on the situation.

Brad
 
2
•••
First I would try to contact the owner. If I don’t have his contact info, I would make a good first offer like $10,000 so I get a response from the owner. Once I get a response, I would then keep low balling $15k, $17k…and also look for a similar names and sold names at namebio and talk about them with him. Then I would tell him my final last offer is $50k and let me know ASAP so I can go ahead with plan B and buy this other domain for $40k. I would mention the similar name that’s for $40k so he knows I might go away and not buy his. Then most likely he will come back and say he will take $60k. I will tell him to meet in the middle $55k. He will say okay deal.
 
0
•••
exactly, not enough info, apple.com for $125k, i would want to swipe it up at that price, cryptokingismylady.com i wouldnt even offer $5k.
 
2
•••
Something that I could turn into a business. For example right now I have an idea related to business offers app, so I would probably pay a nice price (yet not 100k) for something like Offe.rs

As for reselling, I would try to get as much as possible names that I believe are underpriced with BIN's on various marketplaces. And I believe those would be strong two word .com's.
 
2
•••
I'd use the old “im just a student working on a class project, all I can afford is $25” 😁
 
1
•••
“Hello, I am a student”
"Sorry, we are a small start up company"
"Well, I just want to use it to connect my blog. I have other domain names"

Lol
 
2
•••
If you have a 100 to 200 K budget it must be a damn good name you would be after and lowball offers will be ignored. You really think a 5K offer is going to get anyone’s attention? Or I am considering blah name? Good go consider it and I will wait for a qualified serious buyer. 😂

Some of the replies in here are exactly why opening minimum offers are often way above what a typical domainer would offer.
 
0
•••
“Hello, I am a student”
"Sorry, we are a small start up company"
"Well, I just want to use it to connect my blog. I have other domain names"

Lol
"It only cost $8, I will give you $100 for it." LOL
 
2
•••
If you have a domain name listed as Make Offer that you want to acquire, for which you have an allocated and approved budget of $100,000 and another $100,000 which can be tapped into, after discussing with the team, which you absolutely have to acquire as the CMO of your organization, how much would you offer as your first offer to the seller and why?

Some of us would know.
But not without the domain name and some research.
 
0
•••
If you have a domain name listed as Make Offer that you want to acquire, for which you have an allocated and approved budget of $100,000 and another $100,000 which can be tapped into, after discussing with the team, which you absolutely have to acquire as the CMO of your organization, how much would you offer as your first offer to the seller and why?

I would start with $5,000 because too low and the buyer won't take it seriously and too high and the buyer would ask for a much higher price.
It all depends on the name and the seller. The only thing I can tell you from what you posted is that all savvy sellers immediately looked at your join date and recent offers around that date :)
 
0
•••
If it's a must have domain name for your company, and worth upwards of what your budget is (or more), then starting in the five figures would be a good entry point. If you start off too high, you'll look a money pit, and you won't have as much space to move up on your offer. So without knowing any details that would help my negotiation, but knowing your budget and goal, I'd probably start with $20K.
 
1
•••
It's a rather pointless question and thread imho.

It really doesn't matter, you just keep going up. They will take you seriously as you raise the offer.
 
0
•••
It's a rather pointless question and thread imho.

It really doesn't matter, you just keep going up. They will take you seriously as you raise the offer.
The op is probably paid by np to post random topics for the algorithm.
 
2
•••
First I would try to contact the owner. If I don’t have his contact info, I would make a good first offer like $10,000 so I get a response from the owner. Once I get a response, I would then keep low balling $15k, $17k…and also look for a similar names and sold names at namebio and talk about them with him. Then I would tell him my final last offer is $50k and let me know ASAP so I can go ahead with plan B and buy this other domain for $40k. I would mention the similar name that’s for $40k so he knows I might go away and not buy his. Then most likely he will come back and say he will take $60k. I will tell him to meet in the middle $55k. He will say okay deal.
If you tell him that you have an option for a $40k name and you are still negotiating at $50k, he may know that you are really interested, or else you'd have done that $40k deal. We are now talking $100k or so.

I'd use the old “im just a student working on a class project, all I can afford is $25” 😁
I don't think that works now!
 
0
•••
If you tell him that you have an option for a $40k name and you are still negotiating at $50k, he may know that you are really interested, or else you'd have done that $40k deal. We are now talking $100k or so.


I don't think that works now!
The $50k offer for his name is my first choice but if he doesn’t accept, I will go with plan B and buy the $40k domain.
So he knows if he doesn’t accept, I will be gone.
This is reality.
If he counters and asks for $100k, then i will really have to goto plan B and buy the $40k domain.
And he will really lose the sale.
 
0
•••
Back