IT.COM

sales From $2,888 and $4,400 quote to $15,888 domain sale

Spaceship Spaceship
Watch

AbdulBasit.com

DomainsWeb.comTop Member
AbdulBasit.com
Impact
14,323
Hi everyone,

It’s been a fantastic year for myself and I would call it one of the best year overall in terms of domaining.

Hope the post title doesn’t confuse any one as I want to clarify this at first. The price of $2,888 was quoted to inquirer A and $4,400 was quoted to inquirer B and finally the buyer who acquired the domain is different from them. Also the timings of all 3 price quotes differ very much from each other.

First, I would like to admit my mistake that I by mistake set the price of $2,888 for Digital-Identity.com after acquiring the domain around 3 years back. So when the first few inquiries came in, I quoted $2,888 without realizing too much of the set price. The domain didn’t got sold for $2,888 as the buyer wasn’t interested at that price.

In 2018, I received inquiry via DomainAgents where the buyer initially offered $3,321 to which I quoted $4,400. Buyer came back with $3,321 again without moving a little so I gave my final offer of $4,000. Eventually the domain wasn’t sold.

I was suppose to do repricing of domains which was long due and did the repricing around some time in 2018 during which I finally set the price of $15,888 for Digital-Identity.com. The new price was quoted to several inquirers including one interested buyer coming via Uniregistry broker with an offer of $5,000 which I happily declined. This inquiry came in mid 2018.

Fast forward to 25th December 2019, I received an email from Afternic saying the domain Digital-Identity.com sold for $15,888 at BIN.

So yes, I openly admit my mistake of setting the price very low in past and it can happen with any one. At least, I realized and changed to what I think was the right price to set for Digital-Identity.com and I’m very happy to sell this domain for what it sold for. Also this is my highest hyphenated domain sale.

Feel free to share your domain sales if you want and/or give your feedback on the above domain sale.
 
118
•••
The views expressed on this page by users and staff are their own, not those of NamePros.
Hi Abdul. I am interested about asking you one question. Do you close some sales talking by phone, calling the buyer?
Do you think that talking by phone directly with the buyer could help in closing successfully some deals?

I am thinking that talking to the buyer can clarify a lot of things in just one call, and mainly prevent to lose that buyer due to a lack of dialogue. You can solve all his doubts, questions, the call may give him also more confidence, and if you are good talking about the benefits of acquiring your domain, it can be a plus.

Thanks a lot for sharing your domain sales experience with us, and congratulations again for your success!

I tried this several years back but it didn't work out well. May be because I was calling from Pakistan and someone calling from U.S to U.S makes it look better by convincing the buyer. For last many years, I've never called myself over phone for selling the domain.

I think if you find any buyer seriously interested, then giving a call makes sense.

Thank you! :)
 
1
•••
0
•••
That's why I always like to read your posts @AbdulBasit.com because there's always something to learn from you. Thanks and congrats. All the best!

And that's the main reason for sharing for you and others who like it :xf.love:(y)
 
2
•••
1
•••
Impressive patience and great sale!
Although it is hyphenated name it is taken in 16 extensions and 3m exact matches in google, so I'm not surprised by high demand.

Abdul, how much time do you spend on domaining per week?
 
1
•••
I tried this several years back but it didn't work out well. May be because I was calling from Pakistan and someone calling from U.S to U.S makes it look better by convincing the buyer. For last many years, I've never called myself over phone for selling the domain.

I think if you find any buyer seriously interested, then giving a call makes sense.

Thank you! :)

Thanks a lot for your reply Abdul! It's very much appreciated. And keep up the good work! You are an example of how to value correctly our valuable domain assets.
 
1
•••
Impressive patience and great sale!
Although it is hyphenated name it is taken in 16 extensions and 3m exact matches in google, so I'm not surprised by high demand.

Abdul, how much time do you spend on domaining per week?

Thanks for your feedback :)
Around 56 hours.
 
2
•••
Congrats Abdul Basit... I learn more from your great experience in domaining.
 
1
•••
Congratulations! I appreciated reading the process and seeing your result:xf.smile:
 
1
•••
  • The sidebar remains visible by scrolling at a speed relative to the page’s height.
Back