opinion Buyers Perspective. Buying the .Com for their Company.

This was the key takeaway for me Page, and wonderful on-point advice from an enduser. thanks for sharing. Valuable imso

Thanks Page for the blog I enjoyed reading your response.

On the blog post on Medium: it's taken as completely okay for the acquirer to disguise who they are, and present a front, effectively deceiving the party they are negotiating with.

i think a good question, they have to live with their own actions in my opinion.
deception, isnt all war deception....did some one say that.

i do see their side, would be like me wanting to buy a house, and calling realtor and saying how much, using someones elses phone so they couldnt see caller ID.

for me when it finally gets down to the nitty gritty, they always finally reveal. I have to decide in the process if its about just price for me, same for everybody; or would i change price if it was IBM.

If i show IBM price, i can always say, "if i knew more about your identity and goals we could have a real conversation....

so its jousting...like the fights on action movies, each side throwing punches......

Page Howe


PS dailydeal.com is a nice name!

A few more buyer perspectives

https://www.thedomains.com/2019/10/11/domain-buying/

https://tldinvestors.com/2019/09/domain-name-negotiation.html

Page Howe said:

so its jousting...like the fights on action movies, each side throwing punches......

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Yes, the dance of life! It just strikes me as curious that the default position is to deceive. That is slightly mad if you pause and examine it, as if you were an alien visiting Earth on a reconnaissance mission.

Then again, this species looks like it's going to make itself extinct pretty soon, so perhaps not.

I really enjoyed this read, thanks @Page Howe

It is a common misconception that domainers are squatters. That is why I tell inquirers that I bought my domain names long ago for my "Startup Projects". If domainers are squatters, then all retail landlords are all squatters. Can anyone even find prime retail land cheap today?

It is true. We domainers are investors. More importantly, we are all entrepreneurs! We bought domain names as investments, as the first step to launch a business ideas, as a brand. If we had money and access to development or marketing, we'd all develop each domain name into a separate business. Just because there is no website using the domain name, it does not mean we are not using it for email address or as file storage, or used for internal projects with no external content.

As for pricing, I never change my pricing based on who is doing the inquiry. I based my prices on the strength of the name as a brand, what others are selling, and recent completed transactions of similar names. Domainers who change their prices are amateurs.

As for "buying a domain is like a terrible real estate experience"? I sorry, you must be very young and inexperienced. There are just as many unresponsive real estate brokers, unresponsive sellers, even actual squatters that refused to let broker showing the properties. This is happening even after 100 years of refining the process by National Association of Realtors.

On the flip side of things, I have this name that gets inquiries every single week like clockwork, from every type of company and people under the sun: Chinese domain investors, large tech companies, startups with funding, stealth startup with no money, tech CEO hiding behind non-descriptive gmail, blogger, photographer, magazine publisher, and yes, students with school projects. I get annoyed and It is like everyone using the same domain negotiation playbook who had only $500 to $5,000 budget. I won't sell it cheap and if nobody's interested, I could always assign one of my own startup project to use my domains.

I agree with almost everything you have stated above and kudos to you for putting it out straight up.

winst said:

Domainers who change their prices are amateurs.

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Though, I beg to differ here as I change my prices as per my current financial situation/needs/renewals as well in order to stay afloat, being a full-time domain investor.

winst said:

That is why I tell inquirers that I bought my domain names long ago for my "Startup Projects".

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Why would this subject come up in the conversation at all? If the inquirer asks "why do you need this name/how do you use it/what are your plans/etc", the response should be "none of your business" with degree of politeness depending on the registrant's mood and character. Can't understand why anyone should be making excuses for their domain ownership, especially to the degree of not really being honest (unless the domain was stolen).

Don Gondon said:

Why would this subject come up in the conversation at all? If the inquirer asks "why do you need this name/how do you use it/what are your plans/etc"

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Thanks to Rob Monster (Epik) who reminded me the psychology of negotiations. People trust/like you when you have something in common. Entrepreneurs are risk takers. For me, each of my domain name has a "startup story" behind it and that is what makes them valuable. When startups inquire a domain name, it helps them to connect to us as we are all entrepreneurs, we just took the risk before they did.

Sometimes the buyers don't care. But some times the small things will help start a conversation that can lead to a domain sale.

winst said:

For me, each of my domain name has a "startup story" behind it and that is what makes them valuable.

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There are all sorts of domainers out there, I can't stop marvel at that!

Thanks for sharing informative ideas.
Regards
DpakH

Soofi said:

I agree with almost everything you have stated above and kudos to you for putting it out straight up.

Though, I beg to differ here as I change my prices as per my current financial situation/needs/renewals as well in order to stay afloat, being a full-time domain investor.

Click to expand...

Let me put my statement in context: I meant people should not change their pricing based on who is asking for a price.

I mean if you need to lower your price to close a sale, we all have to do that sometimes. But if you ask for $1 million because you get an inquiry from someone from Google, but quoted a $5,000 if the inquiry was from a small business owner, then you lost all your credibility. Nobody wants to do business with people they don't trust.

The reason many buyers don't trust domainers is precisely because many "amateurs" change their pricing based on who's asking. That is why many domain buyers hide behind generic, non-descriptive email addresses so they could get a true quote, not an inflated price of wishful thinking. When I was buying domain names for corporate clients, I do the same thing because often I don't know if the domain owner is an amateur or a professional.

I approach domaining as if each and every one of my domains is a start up - or could be.

Not the only way to do this of course, but the one that satisfies my own creativity. If I saw a niche and need for a business ... what would I call it? How would I brand it?

I would I want to market it in the most effective way possible.

Perhaps this is more like a partnership approach. Allowing business creators to focus on what they do best, and getting help in branding from someone who knows that world. Similar in some ways to creating ads for an advertising campaign.

So when it comes to negotiations it's more like how can this domain benefit their business, and achieve goals better that what they currently have ... or a concept that my not have been thought of in a certain way.

always interesting to see how endusers perceive the domain name experience