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debate Should you price a domain based on the buyer

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I recently sold a domain where the intrinsic value of the domain was low four figures. However, I googled the name and reasoned that the buyer was a multinational corporation and needed the domain for a particular purpose. I just couldn't see why anyone else would want it. I set the price at mid to high four figures and waited.

About a month and a half later they bought it for nearly the full asking price, and above my floor price.

I could have asked for even more, but I know how corporations operate and they will balk if being extorted vene if they need something. On the other hand, to get my domain they had to pay a premium.

Knowledge can be power.
 
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Absolutely, you should. I will even jack up the price when I receive inquiries coming from obscure hotmail or gmail accounts.

Last week I received an unsolicited email asking if one of my domains was for sale. The guy had a gmail account I couldn't link to anyone, so I replied, "what's your budget?" Never heard from him afterwards. lol
 
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Absolutely, you should. I will even jack up the price when I receive inquiries coming from obscure hotmail or gmail accounts.

Last week I received an unsolicited email asking if one of my domains was for sale. The guy had a gmail account I couldn't link to anyone, so I replied, "what's your budget?" Never heard from him afterwards. lol

Of course I am feeling like a king right now collecting what the domain was truly worth by having done some research before quoting the price, but at the same time...quoting more just because the inquirer is using an anonymous email...that makes no sense to me.

In this case too
https://www.namepros.com/threads/ha...cant-sales-via-outbound.1042253/#post-6412464
I quoted low to mid five figures, and got it!, after I assumed that the domain was being sold to a celebrity (even though, ironically, it ended up sold not to the celebrity but to a Hollywood producer who is using it for I don't even know what yet but apparently nothing to do with that celebrity).

If I quote more it will be only because my independent research shows that the domain has some specific use for a corporation celebrity etc. NOT just because the inquirer is anonymous!

I mean if you are going to quote high just because the inquirer is anonymous (in other words, for no reason at all), you might as well just quote high all the time!
 
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I recently sold a domain where the intrinsic value of the domain was low four figures. However, I googled the name and reasoned that the buyer was a multinational corporation and needed the domain for a particular purpose. I just couldn't see why anyone else would want it. I set the price at mid to high four figures and waited.

About a month and a half later they bought it for nearly the full asking price, and above my floor price.

I could have asked for even more, but I know how corporations operate and they will balk if being extorted vene if they need something. On the other hand, to get my domain they had to pay a premium.

Knowledge can be power.
Yes, I think you played it perfectly.
 
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I can never understand some guys here who promote an idea of "equal price for everyone" and say that setting higher price for deep pockets is unethical.
 
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I kinda tried this recently when I got an inquiry for a name. The guy who emailed me sent it from a school email address claiming he wanted the domain name for an arts related website. The name is related to entrepreneurship...so I smelled BS.

He had a uniquely spelled name and I looked him up and found him on an entrepreneur podcast saying he makes over 6 figures from his social media marketing company. I didn't reveal that I saw this to him until he pretty much low balled me 4-5 times in a row and in one message wrote: "I'm a poor college student. I need money for ramen noodles."

I told him I saw the podcast he was on and I knew he wasn't some broke college kid. He didn't even deny it and wrote "haha you did your research I see!"...and then he upped his offer by only like 5%. I told him no and just raised the price of the listing. This is going to sound stupid, and I know I shouldn't even care, but I honestly don't even want the guy to have it in a way. He sounded like such a dbag on the podcast and just tried slimy tactics in the emails. I know the guy has money, and after acting the way he has the price just went up. I'm fine holding the name for years and paying the renewals if needed.
 
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As others said, you absolutely should price based on the type of buyer!

Many buyers will actually be doing the same thing to their own customers. All those SaaS pricing pages you see that ask you to call for a price are an attempt to size you up before giving you a price. Why shouldn't they get the same treatment?
 
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I kinda tried this recently when I got an inquiry for a name. The guy who emailed me sent it from a school email address claiming he wanted the domain name for an arts related website. The name is related to entrepreneurship...so I smelled BS.

He had a uniquely spelled name and I looked him up and found him on an entrepreneur podcast saying he makes over 6 figures from his social media marketing company. I didn't reveal that I saw this to him until he pretty much low balled me 4-5 times in a row and in one message wrote: "I'm a poor college student. I need money for ramen noodles."

I told him I saw the podcast he was on and I knew he wasn't some broke college kid. He didn't even deny it and wrote "haha you did your research I see!"...and then he upped his offer by only like 5%. I told him no and just raised the price of the listing. This is going to sound stupid, and I know I shouldn't even care, but I honestly don't even want the guy to have it in a way. He sounded like such a dbag on the podcast and just tried slimy tactics in the emails. I know the guy has money, and after acting the way he has the price just went up. I'm fine holding the name for years and paying the renewals if needed.

renew it for 10 ýears and forget it
 
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if you quote a to low price the other party will assume the name is worthless
you do them a favour in quoting more
as you help them to get the right name
 
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I can never understand some guys here who promote an idea of "equal price for everyone" and say that setting higher price for deep pockets is unethical.

Thats like the buyer researching the domain, profiling the seller, and offering peanuts because thats what was paid for it, because he found the purchase price here. But we don't like that when the buyer finds out info, we should block that.
But if they block info, we raise the price.
Lets keep it all in the open, buyers and sellers equal opportunity. It's inevitable

Of course we find out all we can about a prospective buyer, anything and everything to justify asking more.
I sold a guy 2 drone names years ago for his kids school projects, they went immediately to sedo. I was never fooled
They were stellar, and are still parked. He who knows the most wins
 
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Thats like the buyer researching the domain, profiling the seller, and offering peanuts because thats what was paid for it, because he found the purchase price here. But we don't like that when the buyer finds out info, we should block that.
But if they block info, we raise the price.
Lets keep it all in the open, buyers and sellers equal opportunity. It's inevitable

Of course we find out all we can about a prospective buyer, anything and everything to justify asking more.
I sold a guy 2 drone names years ago for his kids school projects, they went immediately to sedo. I was never fooled
They were stellar, and are still parked. He who knows the most wins

they are always asking for a nonprofit purpose
for their kids or just for fun or a hobby

never ever a huge company that wants to become even more huge
with the help of the domains in question
have ever ask for a domain name
 
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Just did it again - successfully. Sold a domain that probably in a vacuum was worth high three figures, for low four figures. Not as dramatic a mark up, but something, and again based on research.

If you somehow figure out that someone really needs your domain, you are able to get more for it.
 
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I can never understand some guys here who promote an idea of "equal price for everyone" and say that setting higher price for deep pockets is unethical.
Because it its. Domainers love to compare domains to real estate. Yet, in real estate, the property is based on it's value not the buyer. So, should Bill Gates have to pay $10,000 for a bottle or water because he's rich? Does a $1 million house suddenly become worth $100 million because the buyer is wealthy? At the same token if you have a name worth $5000 do you sell it for $50 because the potential buyer doesn't have a lot of money?
 
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Because it its. Domainers love to compare domains to real estate. Yet, in real estate, the property is based on it's value not the buyer. So, should Bill Gates have to pay $10,000 for a bottle or water because he's rich? Does a $1 million house suddenly become worth $100 million because the buyer is wealthy? At the same token if you have a name worth $5000 do you sell it for $50 because the potential buyer doesn't have a lot of money?

no its not

as there is no objective value of a domain name
and there is no liquid market and stock quotes for a name

its all about negotiations
beween buyer and seller
and thats why its different

and depending on the buyers pockets
 
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I recently sold a domain where the intrinsic value of the domain was low four figures. However, I googled the name and reasoned that the buyer was a multinational corporation and needed the domain for a particular purpose. I just couldn't see why anyone else would want it. I set the price at mid to high four figures and waited.

About a month and a half later they bought it for nearly the full asking price, and above my floor price.

I could have asked for even more, but I know how corporations operate and they will balk if being extorted vene if they need something. On the other hand, to get my domain they had to pay a premium.

Knowledge can be power.

For sure, people do get turned off when pricing it higher from an original price. That's why I always check my landing page, sedo, flippa, and afternic prices. The domains that I'm willing to hold on to for a long time, I price it what I think a large corporation would pay.
 
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There is nothing wrong with it and that's what the domain game is all about. If someone like a tech startup with millions of dollars in capital backing them up is interested in my domain, I would expect that they can pay a few grand extra without flinching.
 
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Because it its. Domainers love to compare domains to real estate. Yet, in real estate, the property is based on it's value not the buyer. So, should Bill Gates have to pay $10,000 for a bottle or water because he's rich? Does a $1 million house suddenly become worth $100 million because the buyer is wealthy? At the same token if you have a name worth $5000 do you sell it for $50 because the potential buyer doesn't have a lot of money?
We compare domains to real estate but only in a lyrical sense. In reality, they have very little in common.

Domains are worth a lot more to certain people than others. It's up to you to find out who is who.
 
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For sure, people do get turned off when pricing it higher from an original price.

The price I quote is the original price. I get it right the first time, or try to anyway.

My discussion above refers to pricing it higher than the value of the domain in a vacuum, after receiving an inquiry or price quote request, when independent research shows that the domain is needed by a specific buyer.
 
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Sure every domainer that messages me tells me they are a college student on a budget . Everytime I hear it these days i am reluctant to even reply it happens so often. If you get a chance to go the other way then do it.
 
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Sure every domainer that messages me tells me they are a college student on a budget . Everytime I hear it these days i am reluctant to even reply it happens so often. If you get a chance to go the other way then do it.
didn’t know student price is lower than domainers’. Shouldn’t whole sale price be 1/10 of retail price? Even for students, I would still charge higher than to domainers
 
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didn’t know student price is lower than domainers’. Shouldn’t whole sale price be 1/10 of retail price? Even for students, I would still charge higher than to domainers
Some will try anything in hope for a discount the student thing is bs but seems an angle domainers are exploring perhaps working for them.
 
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Got inquiry and mid three figure offer about a dot com. I responded that offer was too low, and engaged the inquirer. I have not yet countered, because that is premature, the potential buyer is using the ol' "potentially interested" verbiage which implies tire kicking.

I later noticed from the email address that the buyer is the foreign company that owns the non dot com of my domain.

But, in this instance, it doesn't really matter to me. My discussions and counter will be based squarely on what the domain is worth. The potential buyer isn't a huge corporation, and I will not be trying to extract a premium, but whoever they are, the domain is worth a lot more than mid three figures, period.
 
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I can never understand some guys here who promote an idea of "equal price for everyone" and say that setting higher price for deep pockets is unethical.

Yes is unethecical, like selling drug names or porn. Many do though!
 
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