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domain Received $2,000 offer for Claytan.com - Advice?

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Claytan.com for USD2,000.00

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Hui Siew Choong

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received final price for claytan.com for USD2,000.00, thru Sedo.com any good advise ? Accept ? Or put up auction ?

This domain was created more than 20 years with good brandabilty and generic in nature
 
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The views expressed on this page by users and staff are their own, not those of NamePros.
Bunch of cheap discussions I am having here.
I just make comment to help a fellow member but there are old school judges who are looking to start an argument with you.
Claiming they are better domain investors since they have been member here before you registered.
Once they get to know you, their argument losing its velocity.
Bunch of cheap discussions I am having here.
:bored::bored::bored:

I am out :sleep:


domaining is a different ballgame then running an online store
 
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Depends on your end goal for the domain. Also consider the time & money invested in that domain.

If it works out in your favor, go for it :xf.cool:
 
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domaining is a different ballgame then running an online store
LOL
Running an online store?
Ohh man you are missing too many things here.
Please don`t make any comments that you have no idea at all.
It is not just an online store but also my stock products , one of our product line is common rail injectors..
And all the 5 company listed there are physical companies.
Man! please stop putting yourself in this awkward situations. :yawn:
 
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Can we stop with calling tm issue with every domain? Most great names have matching companies all over the world, which does not mean automatic tm issue.

sell it immediately.
I owned Towelie.com a few years ago and thought I never sell it nor did I want to.
Someone made me an offer too good to refuse, I sold it, and made a good profit.
Look who owns it now. , MARKMONITOR
 
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I personally would not have accepted the offer (or pushed it to auction). Failure to do due diligence in the age of information is no excuse for regret. No end-user (or domainer) will offer $2,000 as an initial offer without understanding the assets value. Even if the buy-now price was €3,000. I would have done the same as a buyer (had I not known about the auction-push feature).

B2B entities (especially those well established) should not be judged by the quality of their website and/or ranking. If this almost 100 year brand is a family (run) business, it is safe to assume that it's only a matter of time before new blood like millennials and/or gen-x's start implementing modern day marketing and expansion strategies.

History of the Claytan Group

pic_boss.jpg


The late Mr. Tan Soon Heng, a native Teochew from the southern province of Guangdong, China founded CLAYTAN in 1920 when he came to the then Malaya during the 1st World War at the turn of the 20th Century. Armed with the craftsmanship of a generations-old tradition in ceramics, he started a cottage workshop in Segambut, Kuala Lumpur.

Today, CLAYTAN is the only surviving pioneer in the ceramic industry in Malaysia and the most diversified manufacturer of ceramic products consisting of sanitaryware in two types of body (vitreous china and fire clay), tableware in four types of body (earthenware, vitreous china, stoneware and fine china) and two types of vitrified clay pipes (standard VCP's, and jacking pipes). 70% of the Group’s products are being exported to Australia, Japan, Europe, the UK and USA. The Group is now turning its attention to the market in the Asia Pacific and ASEAN region. The world is our market ... it is our “Long March” from the 20th to the 21st Century.

Company Overview

Established since 1920, the CLAYTAN GROUP has made its presence in ceramic manufacture with vitrified clay pipes, sanitary ware, household tableware and recently an exciting range of hotel ware.

Bringing together the aesthetic of traditional craftsmanship with the efficient of modern technology from the East and West, the CLAYTAN GROUP has achieved the quality standards of various international bodies plus the prestigious MS ISO 9002. Today, with the strengths of thousands of dedicated professionals and employees, well-organised demand and supply chains network and established international market in over 20 countries across all continentals, the CLAYTAN GROUP is one of the most experienced and diversified ceramics supermarkets in Malaysia.

In line with our quest for competitive improvement and internationalization program, we invite professionals and specialist to join us.
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There are several additional entities who can potentially be end-user candidates as well. I'd dare to sell it for a hopeful mid $xx,xxx to low $xxx,xxx figure, or hold it for another 20 years if need be. This is, after all, what domain investing is all about :xf.smile:.

Just MHO.
 
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I don't know but I feel $2k is little cheap for this nice brandable name, if you had the name for long time and there were no good offers then you might want to accept the $2k.
 
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I would make the sell....
 
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For all those Yappers who think the domain is worth 100,000. Why don't you buy it with the BIN price and try to hijack and gouge the many end users.. GOOD luck
 
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For all those Yappers who think the domain is worth 100,000. Why don't you buy it with the BIN price and try to hijack and gouge the many end users.. GOOD luck
When you sell domains for more than you buy them for, are you not hijacking, and gouging end users?

I guess your a domainer Robin Hood giving his domains at cost.


I look forward to seeing your next for sale thread selling at cost, anything more would make you a hypocrite, and god forbid a gauger, such a taboo term on namepros. I think the site is full of them. I don't not know how you can even bare to come here, and conversate with such capitalists?

Since the seller is the owner for however long, you will not find much sympathy here for the seller not to be entitied to get the best price possible.

At the end of the day, sellers domain, I am sure they want the most for it, the age constitutes they should receive a fair payday, but if they are happy with $2k, so be it. None of us get anything out of this.
 
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An initial $2k offer shows that the potential buyer is very interested. Always counter any offer!
Only OP knows if he needs the money now or if he can hold the name and sell it for much more.
Therefor OP has to decide and everything will be ok!
Good luck! :xf.smile:
 
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wow $100K ?
I wish he could sell any point close to that number.
What am I missing here?
2K is a good price for this domains.
I don't think he should go that far. They offered 2K you want him to go to 200K?
Did you check the site, although the company seems to be old, their website is ranked 5.4Million with Alexa, and the design is old and they have been online since 2001, that tells you they're not doing so great online, and may not be willing to go that high (imagine how many plates they have to sell to recoup that investment) no way they'll go for anything near that. maybe he can counter with 10K and then meet in the middle. My2cents
we have counter 3k but the firm, seem from clayton.com.au is firm at 2k or walk out from nego. We have put up an auction and see how it goes ...
https://sedo.com/search/details/?pa...domain=claytan.com&et_sub=1093&origin=parking
 
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Tq and I really getting to like namepros.com... never would I expect to have so much of participation . I repeat " domain never my core and interest, I was force take up more than 4000 good domains in year 2000 and now left with 400 domains , ... many expired and snap by others, many to hugedomains ... I think I would now slowly learn from all tee members and maximise my incomes..."
I have immediately sold jefi.com thru a namepro broker after becoming a member ... and now this broker is helping me to dispose all my domains, I also looking for more broker members from namepro. Another domain listed for auction is looy.com (this domains was sold with Sedo.com at 2,800 two months ago but the buyer was a fake one) and www.konnas.com
 
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we have counter 3k but the firm, seem from claytan.com.au is firm at 2k or walk out from nego. We have put up an auction and see how it goes ...
https://sedo.com/search/details/?pa...domain=claytan.com&et_sub=1093&origin=parking
So it's confirmed then, Claytan.com.au / ClaytanGroup.com.au (Claytan Ceramic Pty Ltd) is in fact ClaytanGroup.com. As the current owner and seller, you've possibly missed a deal of a lifetime (maybe even early retirement) considering $2,000 is a payday for you.

For all those Yappers who think the domain is worth 100,000. Why don't you buy it with the BIN price and try to hijack and gouge the many end users.
About Cybersquatting - ICANN
 
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Clay Tan could be a name also, Clay is short for Clayton, and Tan is a surname

Tan, the pinyin romanization of 譚, is the 67th most common surname in China.

If you guys are giving names like this away for $2K, you are in the wrong business!

Why don't you offer Hui 5K for it since you think is a steal at 2k and flip it for 100k?
Hui As some on here think it could be worth 100K why don't you solicit offers above 2k from them?
Surely they can still make a profit as they preach. When it comes to this business everyone has an opinion until the rubber meets the road.

My opinion only.
 
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There's a few questions you could ask:

1 - do you need the $2k right now?
2 - is $2k an acceptable ROI for you?
3 - is there a better domain that you can buy now for that $2k?
4 - can you afford to wait for another offer of a similar size?

It's all subjective... all depends on your situation.


As a side note, here's a funny & relevant tweet from @GeorgeK -
Question: So, what do you do? Answer: I say "No" for a living
 
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Again, does not mean anything. I don't think there have been a winning argument that being in the same country proves any bad intentions. If he goes and creates a website/company targeting the same niche/industry with the confusingly similar brand, then, there is a case. If it can be shown that his purpose in regging this name was targeting that company, then also there can be a case. Until then I find this argument redundant, as it can be posted to most of the good domains and would have only speculative and far stretched merit that does not add anything to the discussion.

And if good faith means anything, and it probably does NOT, but if it does, the OP registered the domain 20 years ago he said.

OP when you started negotiating what number did you start at? Did they make an offer and you counter?
And have you had any other offers in 20 years? Offers this size?
 
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This is what I would do believe it or not! 20 years at $10 renewals is $200 if my math is correct:) If I were you, on principle alone I would not accept $2k. They need what you have. On the flip side it does not appear you have any other buyers. I just can't see selling a domain you renewed for 20 years for 2k. And is Donald Trump their negotiator? Offering 2k and that is final high bid? Get out of here with that . . .

Lastly, it sounds like 2k is at least on the border for you in terms of acceptability. If a member of name pros had offered you a grand two months ago, what would you have done?
 
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Why don't you offer Hui 5K for it since you think is a steal at 2k and flip it for 100k?
Hui As some on here think it could be worth 100K why don't you solicit offers above 2k from them?
Surely they can still make a profit as they preach. When it comes to this business everyone has an opinion until the rubber meets the road.

My opinion only.
Advanatage is to the seller based on his cost basis, I never put a number on it. Just felt age, and keyword makeup, and based on inquirer $2k was low. You can't be scared, if buyer walks, he will circle the block, and walk right back if they truly do need the name.

But If he doesn't ask he will never receive, you have to try for the best possible outcome.

It took a long time for the end user to come to the table with him, $2K based on what's current in the marketplace pricing today, plus he has commissions to pay, is not that great of deal for the seller. Advantage buyer, if you want $10k, seller has to be prepared to say no to $9K.

Everybody has a different way of doing things, but different domains have different strategies at play. This is one of them.

I'm not the end user to pay $5k, it is not uncommon for resellers to pay $800-$1500 for similar domains in the aftermarket today, it is happening.
 
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Im coming in a bit late but heres my take.

Certainly the name could sell for less or never sell. But given what i've read here, an offer came in for 2k.

A 2k offer is a serious offer. Someone offering this or more didnt randomly pick their max budget.. Its an offer to try to excite you.

You could definitely counter it.

What i do, if i want to entertain an initial offer like this (no matter the domain, tm, etc), is counter double the offer. So I would have countered 4k.

Now, If you just want to move it, sell.

If your are in no hurry to sell, you might practice taking a chance at countering.

Good luck with the auction!
 
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I'll only add that hopefully you have a business model that guides these decisions for you.

For example, I manage my domains as a portfolio. I have a pool of names to sell to cover costs etc, a pool of names that are my private collection, etc.

For me, a 2k sale goes towards my renewals. I personally dont care which of my names sell, so long as they sell, and at reasonable prices. Sometimes I quite possibly leave money on the table, other times I really score.

Bottom line is that the answer to your question can only be answered by you.

We'll congratulate you no matter the price!
 
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Has there been a conclusion made? I guess by sending the domain to auction you have also locked yourself into 2k, and unless another bidder comes long, you will not get more from this buyer.
 
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received final price for claytan.com for USD2,000.00, thru Sedo.com any good advise ? Accept ? Or put up auction ?

This domain was created more than 20 years with good brandabilty and generic in nature
Any news?
 
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