- Impact
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Didn't see another thread about this.... surprising!
Got this in the email tonight:
BuyDomains Opens Its World Leading Domain Name Sales Service To Afternic Members
By Michael Collins,
A few months ago, I wrote about how a small increase in domain sales can have a dramatic effect on revenue and portfolio value for domain investors. You can read my article here. Unfortunately, increasing sales has not been easy for most sellers. Turnover of domain name inventory is very low compared to other industries, 1-2%. Now I am excited to tell you what we are doing to change that.
I started in the domain industry over 5 years ago. I became acquainted with BuyDomains when they first listed domains with Afternic more than 4 years ago. They were immediately selling more names than any other member. Yet, it was still a surprise to me when I recently learned just how good they are at converting leads into domain name sales. BuyDomains' average conversion rate is better than 10% and is even higher when the leads come by phone. They generate abundant leads by advertising to business owners. BuyDomains' advertising targets buyers who need domain names for business websites. These are the buyers who typically pay the highest prices. In all they combine high conversion, abundant leads and retail pricing to produce the most domain sales of any company in the world.
When Roger and I learned about this tremendous sales performance, we said "Wouldn't it be great if Afternic members could use the BuyDomains sales team to sell their names?" Well, now you can! You not only get this tremendous sales team working for you, you also get a toll-free phone number on your listings and you get an expanded partner network driving in leads. BuyDomains and Afternic were previously been working separately to recruit marketing partners. Now both companies' marketing networks are available for Afternic sellers. To celebrate this combined network, Afternic's Exchange Membership is now ActiveExchange.
In order to take advantage of this new sales opportunity, you must select Expanded Promotion for your domain listings. Because of the cost of a live sales staff, there is a higher fee for Expanded Promotion, 20%. However, the increase in conversion rate should make the decision to participate an easy one for most sellers. You can use the "Edit" link at the bottom of Portfolio page to quickly change up to 150 domains to Expanded Promotion at a time. If you have a large portfolio, it will be quicker to use our CSV upload feature. You will find the CSV page here. Change column eleven from "1" to "2". I downloaded my portfolio, used the replace function in Excel and completed the edit in about a minute. It took only a few minutes more to upload my CSV file back to Afternic.
I hope that you will edit your listings today and start selling more domains. You can read more about selling your domains here.
Got this in the email tonight:
BuyDomains Opens Its World Leading Domain Name Sales Service To Afternic Members
By Michael Collins,
A few months ago, I wrote about how a small increase in domain sales can have a dramatic effect on revenue and portfolio value for domain investors. You can read my article here. Unfortunately, increasing sales has not been easy for most sellers. Turnover of domain name inventory is very low compared to other industries, 1-2%. Now I am excited to tell you what we are doing to change that.
I started in the domain industry over 5 years ago. I became acquainted with BuyDomains when they first listed domains with Afternic more than 4 years ago. They were immediately selling more names than any other member. Yet, it was still a surprise to me when I recently learned just how good they are at converting leads into domain name sales. BuyDomains' average conversion rate is better than 10% and is even higher when the leads come by phone. They generate abundant leads by advertising to business owners. BuyDomains' advertising targets buyers who need domain names for business websites. These are the buyers who typically pay the highest prices. In all they combine high conversion, abundant leads and retail pricing to produce the most domain sales of any company in the world.
When Roger and I learned about this tremendous sales performance, we said "Wouldn't it be great if Afternic members could use the BuyDomains sales team to sell their names?" Well, now you can! You not only get this tremendous sales team working for you, you also get a toll-free phone number on your listings and you get an expanded partner network driving in leads. BuyDomains and Afternic were previously been working separately to recruit marketing partners. Now both companies' marketing networks are available for Afternic sellers. To celebrate this combined network, Afternic's Exchange Membership is now ActiveExchange.
In order to take advantage of this new sales opportunity, you must select Expanded Promotion for your domain listings. Because of the cost of a live sales staff, there is a higher fee for Expanded Promotion, 20%. However, the increase in conversion rate should make the decision to participate an easy one for most sellers. You can use the "Edit" link at the bottom of Portfolio page to quickly change up to 150 domains to Expanded Promotion at a time. If you have a large portfolio, it will be quicker to use our CSV upload feature. You will find the CSV page here. Change column eleven from "1" to "2". I downloaded my portfolio, used the replace function in Excel and completed the edit in about a minute. It took only a few minutes more to upload my CSV file back to Afternic.
I hope that you will edit your listings today and start selling more domains. You can read more about selling your domains here.
