- Impact
- 3,890
So I received an $xxx offer for one of my domains at Afternic. I countered with low $x,xxx and then a few hours later clicked on the status of the negotiations in my Afternic account.
I was a bit perplexed by what Afternic wrote in the status message. Something I hadn't noticed before:
"Your Counter Offer is Waiting for a Response
It looks like the prospective buyer of xxxx.com has not responded to your counter offer of $x,xxx. You may want to increase your counter offer to prompt a response from the buyer."
Normally, if a buyer doesn't reply to your counter-offer, it would be natural to make a lower counter-offer. But Afternic seems to encourage you to increase the price.
I guess the reasoning is that if you increase the price further, buyer will feel that the chance to get the domain as a reasonable price is slipping away little by little?
Has anyone got experience with increasing the price when buyer doesn't respond to your initial counter-offer? It is quite an interesting strategy I think.
I was a bit perplexed by what Afternic wrote in the status message. Something I hadn't noticed before:
"Your Counter Offer is Waiting for a Response
It looks like the prospective buyer of xxxx.com has not responded to your counter offer of $x,xxx. You may want to increase your counter offer to prompt a response from the buyer."
Normally, if a buyer doesn't reply to your counter-offer, it would be natural to make a lower counter-offer. But Afternic seems to encourage you to increase the price.
I guess the reasoning is that if you increase the price further, buyer will feel that the chance to get the domain as a reasonable price is slipping away little by little?
Has anyone got experience with increasing the price when buyer doesn't respond to your initial counter-offer? It is quite an interesting strategy I think.
