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I own a domain name that I tried doing an outbound for. I've been pretty active lately with domain outbound. I quoted $1,399 for the domain. The buyer replied back with an offer of $120.
I came to $999 and the buyer stood firm at $120. I dropped the negotiation then and there saying that there is a huge difference between my ask and your offer price.
I believe I could have closed the sale at $500. Did I do the right thing or I should have negotiated more to bring him up, say, by going down to $899 or something?
Still new to negotiations. Inputs may help me negotiate better.
Share your thoughts. Also, any thread links for negotiations would be highly helpful.
I came to $999 and the buyer stood firm at $120. I dropped the negotiation then and there saying that there is a huge difference between my ask and your offer price.
I believe I could have closed the sale at $500. Did I do the right thing or I should have negotiated more to bring him up, say, by going down to $899 or something?
Still new to negotiations. Inputs may help me negotiate better.
Share your thoughts. Also, any thread links for negotiations would be highly helpful.