domain Appraisal of Supplywood.com & Supplywood.co.uk

[RWAC]

If any of you would be kind enough, I'm looking for a fairly honest and true appraisal of these two domain names to be sold together as a package.

Essentially, it's two words that together make up in total three words.

It cannot be abbreviated, is generic, is short and snappy and is very easy to remember and would too, make an ideal brand name for a company supplying sheet wood materials.

I was thinking of approaching companies directly through the www.alibaba.com website, especially some of the companies in China and other countries around the globe.

The market for plywood and associated materials is a massive industry and I believe this name would absolutely typify their operations, giving them major exposure on two of the major prefixes i.e: .com and the .co.uk

Of course it could also be sold to a company simply supplying timber and/or wood, though of course it is most suited to companies and/or corporations supplying sheet timber materials ie: plywoods, marine plys etc.

Supplywood.com Supplywood.co.uk any thoughts on these two please for value as a package, sold together?

In advance, many thanks and appreciation for your insight.

Best regards.

Mark

 

[abcproductions]

i think low XXXs. personally i like it...it's catchy and descriptive. however, if you are determined to sell for more than that you'll need to find the right buyer or they'll need to find you.

 

[RWAC]

A very experienced seller, dealer just notified me of high thousands (pounds not dollars), so there's a bit of difference I see between the two opinions there.

Anyone else please knowledgeable upon this subject?

i think low XXXs. personally i like it...it's catchy and descriptive. however, if you are determined to sell for more than that you'll need to find the right buyer or they'll need to find you.

So, what is the reasoning behind low hundreds of dollars please? Obviously, your evaluation is based on some criteria, what is that criteria for it to be worth so little?

Many thanks.

Mark

 

[tpruby]

I'd be interested to know how the experienced dealer / seller came to the conclusion that it is worth thousands of pounds, as I see this name being suited for a small retailer.


:imho:

 

[abcproductions]

my reasoning is my personal and professional experience selling domains as well as reviewing domain sales for the past seven years.

i'm not claiming to be the most experienced but i have a medium-size portfolio of more than 1500 domains and and i've sold more than 300 domains (many with similar length and descriptive words such as yours). imo your domain is worth low XXXs but if you find the right buyer you can get exponentially more. if you list it on ebay, i doubt you'll get $100...USD.

 

[RWAC]

Ok that's fair enough, apologies if I sounded a little bit abrupt in my reply yesterday.

*****

I have been contacting Plywood companies directly via the Alibaba.com website, so far contacted about 50 companies and corporations there.

A company from India has now asked me to give them a price that I would be prepared to accept - what would you consider fair to ask given the company statistics below?

Here are some details about the company:

About Us
Established in 1985 and received export awards in 1993 and 1994. Pioneer in exporting stainless steel kitchen sink, utensils and cookwares, ceramic sanitary ware and plywood based at Chennai south India with vast experience in understanding customers requirements.


Basic Information
Company Name: ******* Exports
Business Type: Trading Company
Product/Service: Kitchen sink, sanitaryware, plywood
Company Address: B-1, Sabri Apts. 40, 10th Avenue, Ashok Nagar,, Chennai, Tamil Nadu, India
No. of Total Employees: 5 - 10 People
Ownership & Capital
Year Established: 1985
Legal Representative/Business Owner: ***** *********
Trade & Market
Main Markets: Southeast Asia
Total Annual Sales Volume: US$1 Million - US$2.5 Million

Too, assuming we come to an agreed price, how would you accept money from a company in India, via direct wire bank transfer or a service such as Escrow?

If the latter, how does this work?

Would really appreciate your help and assistance with this.

Best regards.

Mark

 

[abcproductions]

you're doing the right thing by contacting companies who you feel could best utilize your descriptive domain. if you contact additional lumber companies and home-improvement-type hardware companies, i'm sure you would find others who have interest as well. this means of locating buyers will certainly get you your highest price outside of someone contacting you because they want this specific domain.

anyway, i think a fair price to ask for it would be $2000-$2500. (that's considering who the buyer is and how the buyer was found.) of course, this asking price is just a suggestion.

regarding payment, a wire-transfer is fine or payment to a Paypal account is sufficient if you have one. escrow services (such as Sedo) are helpful and can give the buyer and seller additional security for the transaction but expect to pay 10% for the service. it works like this- the escrow service will request payment from the buyer. after the payment is rec'd, the escrow company will contact you to begin the transfer process. you will be given instructions to transfer the domain to the escrow company. once the escrow company has both the payment and the domain, the escrow company will transfer the funds to you (less their fee) and transfer the domain to the buyer.

good luck on a safe and secure transaction. i hope you get top dollar!

 

[RWAC]

Many thanks for that, really appreciate it, and thank you too for your time.

All the best.

Mark