2k offer. Advice Please

[footodors]

I received a private offer for $2000 for ink<> refill.com . Should I make a counter offer, or should I accept?
It appears it's from a domainer
Thanks in advance.

 

[lzy]

Definitely counter with a price you're really, really happy with. Singular's not as good as the plural form but still a darn good name.

Good luck!

 

[Archangel]

I'd talk to Joshua (at Home| NameFlipper and he's a member of this forum) & ask him to generate you a list of potential buyers. I'm sure he'll give you a list of at least 100 businesses worldwide who'd want this domain.

$2,000 is an embarrassment. Counter with $6,000 and remind him that there are hundreds of businesses out there who'd pay a lot more than $2,000 for this.

 

[d0main]

I'd talk to Joshua (at Home| NameFlipper and he's a member of this forum) & ask him to generate you a list of potential buyers. I'm sure he'll give you a list of at least 100 businesses worldwide who'd want this domain.

$2,000 is an embarrassment. Counter with $6,000 and remind him that there are hundreds of businesses out there who'd pay a lot more than $2,000 for this.

Yea... except the fact that JoshuaPz deals mainly with $200 -$800 sales. What's he going to do? Find him a buyer who will pay less?

There is so much useless comments on this forum that it's becoming unbearable, especially the ones before bmugford posted the past sales. One guy saying that it's worthless after another, when it's obviously worth the offered price or more.

To anyone whose getting these types of offers on their domains: either PM a trustworthy professional (not saying I am one), or just go with your gut.

 

[cartoonz]

if it is ink+refill.com, then 2k could be a fair price. It is not a mass-scale business for any individual company from the trade to invest in...

You obviously have no idea how big that space is. This is a perfect name for a cartridge recharger / supply company to brand and run with for pure marketing.

...There is so much useless comments on this forum that it's becoming unbearable, especially the ones before bmugford posted the past sales. One guy saying that it's worthless after another, when it's obviously worth the offered price or more.

To anyone whose getting these types of offers on their domains: either PM a trustworthy professional (not saying I am one), or just go with your gut.

Look, an opening offer of $2k isn't like the "I'm a starving student and since you're not using the name... bah blah..." This is a real opening offer.

My opinion? You'd be nuts to just take it. Counter. And counter well too. Don't be lame... counter back that you know how big that space is and this is a prime category topper name and you can't see it going for less than 5 figures... see what the next offer is.

Last time I had an opening offer of $2k, I used this exact approach and got 35...THOUSAND.

 

[Archangel]

No he doesn't. He finds big endusers and the smaller guys, both. He merely resells his cheaply-backordered domains for $200-800 since his ROI is huge that way.

He can comply a list of REAL endusers with big pockets. That is what the OP needs. A $2,000 sale is poor unless the money is needed greatly. Hold out and I could foresee this nailing 5-figures.

Yea... except the fact that JoshuaPz deals mainly with $200 -$800 sales. What's he going to do? Find him a buyer who will pay less?

There is so much useless comments on this forum that it's becoming unbearable, especially the ones before bmugford posted the past sales. One guy saying that it's worthless after another, when it's obviously worth the offered price or more.

To anyone whose getting these types of offers on their domains: either PM a trustworthy professional (not saying I am one), or just go with your gut.

 

[Jaco]

$2,000 is an embarrassment. Counter with $6,000 and remind him that there are hundreds of businesses out there who'd pay a lot more than $2,000 for this.

6000 is a good bit too low, unless he's starved for cash.

The fact that he actually had to come onto this site and "ask" if he should take $2K pretty much screams to the world that yes, Virginia, there are some spectacular bargains out there in the domain world right now...

 

[JoshuaPz]

Yea... except the fact that JoshuaPz deals mainly with $200 -$800 sales. What's he going to do? Find him a buyer who will pay less?

There is so much useless comments on this forum that it's becoming unbearable, especially the ones before bmugford posted the past sales. One guy saying that it's worthless after another, when it's obviously worth the offered price or more.

To anyone whose getting these types of offers on their domains: either PM a trustworthy professional (not saying I am one), or just go with your gut.

I chose to specialize in $200-$800 (small business-type) sales because I have a system in place for very reliably mass-producing them from domains one can catch on the drop. InkRefill.com is an aftermarket-caliber domain -- in an entirely different league -- and in my opinion the OP should absolutely not settle for anything less than high-$XXXX for it unless he either (a) wants to leave domaining, or (b) is bleeding for cash.

What Archangel is referring to is an independent utility I have available similar to Estibot's end-user lead generator -- except my utility predates Estibot's and also sorts the results in descending order of how much each end-user would probably be willing to pay for the domain name. So what he's proposing -- which I think is very logical -- is:

1. Generate a list of end-users for InkRefill.com, using my generator, Estibot's, or both.
2. E-mail all of them stating that InkRefill.com is available for sale.
3. To those who respond with interest, cite a high-$XXXX price (maybe even $1XXXX if 10+ parties respond). Most of those users will probably either counter-offer or fall off the face of the earth (although if one accepts, fantastic!)
4. Assuming none of the end-users who e-mailed accepted your price straight out, establish which of the end-users you e-mailed would be willing to pay the most for the domain name, and make every effort to squeeze out his/her top, final offer. If that figure surpasses $2000, counter the original folks who offered $2000 with a price slightly above the other most serious end-user's final offer. If the original folks accept, great; otherwise, sell the domain name to the serious end-user you e-mailed.

Printer ink refills are a very expensive, lucrative commodity, and you don't want to undersell this domain name. Unless you have something better to do with that $2K, you should feel no qualms about rejecting or at least countering a $2K offer as you will receive many better out-of-the-blue offers for that domain in the future.

And yes, I have sold many domains names for above $2K, but for legal reasons I don't typically report those sales on NamePros.

 

[Archangel]

It is, true. My thinking was if he was to counter this guy and wanted a quick sale, $6,000 would be a decent counter. But there are far too many endusers for this one. I would do as Josh outlined above this post, if I were the OP, unless he's starved for cash, as you said.

6000 is a good bit too low, unless he's starved for cash.

The fact that he actually had to come onto this site and "ask" if he should take $2K pretty much screams to the world that yes, Virginia, there are some spectacular bargains out there in the domain world right now...

 

[Kate]

I think this name has the potential to sell for low $$,$$$

 

[copper]

footodors - You don't seem like newbie based on your NP join date and # of domains you own.
I am sure you already know you are NOT going to take $2K offer.

Nice commercial domain name

 

[the_poet]

Nice name! $2,000 is a stealing! A fair price would be at least 4 times that!

 

[namey]

Don't sell for under $20,000. According to Google Adwords keyword tool 246,000 people search for your exact name in October. The potential for your name is huge! You might want to consider developing it if you don't get any better offers.