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With so many newbies entering the domain name game, to help us increase our likelihood of success, it would be beneficial to hear the true sales cycle (right down to the basic intricacies of the process, from start to finish).
Domain names themselves are important, but asking about a specific domain name on this site isn’t all that beneficial, since everyone has an opinion. Truthfully, domain names are a shining example of subjectivity.
And don’t get me wrong, the many posts reporting sales success is a wonderful experience to share; it helps keep people inspired when it might not be going so well, but it doesn’t solve the biggest problem facing new domainers: I purchased some domains, now what?!
You sold your domain - congratulations, how exactly did you do that? Did it start with chasing similar domains through the who-is? Did you simply have it listed on one of the many marketplaces and someone found it and made the offer? Did you reference industries and innovators of industry who would benefit from the domains name? And if you did, was a phone call or an email your initial effort of contacting them? Or do you have your own website listing your assets, and someone landed on one of your domains, leading them to contact you? And if that was the case, how did you handle the steps through to the close? Did it lead to a listing on Sedo to utilize their escrow, or was there another, better, solution?
What I’d like to hear, from seasoned sellers who know what they’re doing and have had consistent sales of their digital assets (domain names), is their complete process.
If it depends on the type of domains, give an idea in categorizing and generalizing a definition of those domains.
If you need a domain to start the process, lets use www.widgets.com (or for the seasoned sellers, change widget to whatever domain name best exemplifies your lesson).
I think that all newbies would appreciate this knowledge, and gives us all value to start moving our own inventories with a little more clarity.
Anybody?
Domain names themselves are important, but asking about a specific domain name on this site isn’t all that beneficial, since everyone has an opinion. Truthfully, domain names are a shining example of subjectivity.
And don’t get me wrong, the many posts reporting sales success is a wonderful experience to share; it helps keep people inspired when it might not be going so well, but it doesn’t solve the biggest problem facing new domainers: I purchased some domains, now what?!
You sold your domain - congratulations, how exactly did you do that? Did it start with chasing similar domains through the who-is? Did you simply have it listed on one of the many marketplaces and someone found it and made the offer? Did you reference industries and innovators of industry who would benefit from the domains name? And if you did, was a phone call or an email your initial effort of contacting them? Or do you have your own website listing your assets, and someone landed on one of your domains, leading them to contact you? And if that was the case, how did you handle the steps through to the close? Did it lead to a listing on Sedo to utilize their escrow, or was there another, better, solution?
What I’d like to hear, from seasoned sellers who know what they’re doing and have had consistent sales of their digital assets (domain names), is their complete process.
If it depends on the type of domains, give an idea in categorizing and generalizing a definition of those domains.
If you need a domain to start the process, lets use www.widgets.com (or for the seasoned sellers, change widget to whatever domain name best exemplifies your lesson).
I think that all newbies would appreciate this knowledge, and gives us all value to start moving our own inventories with a little more clarity.
Anybody?