- Impact
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I've sold 6 domains on a payment plan in the past year or so through DAN.
For me personally, I highly prefer the immediacy of cash flow from a domain sold at full price up front, than to sell domains on a payment plan, but I understand some of these sales might not have happened without the option for a buyer to buy on installments.
However, it's very likely in some cases a buyer could have paid full price up front, but rather opted for the payment plan instead so they don't have all that cash flowing out at once. (basically our desires are inversely related).
In your opinion, what is the price point or range below which allowing payment plans becomes counterproductive as a seller? Meaning you don't get any advantage because an overwhelming majority of buyers could afford to pay the full price and would have bought it anyway if a payment plan had not been offered.
$500
$1,000
$1,500
$2,000
$2,500
or more?
For me personally, I highly prefer the immediacy of cash flow from a domain sold at full price up front, than to sell domains on a payment plan, but I understand some of these sales might not have happened without the option for a buyer to buy on installments.
However, it's very likely in some cases a buyer could have paid full price up front, but rather opted for the payment plan instead so they don't have all that cash flowing out at once. (basically our desires are inversely related).
In your opinion, what is the price point or range below which allowing payment plans becomes counterproductive as a seller? Meaning you don't get any advantage because an overwhelming majority of buyers could afford to pay the full price and would have bought it anyway if a payment plan had not been offered.
$500
$1,000
$1,500
$2,000
$2,500
or more?