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Best Way To Sell Your Domains?

Located in Domain Beginners started by NilamDomain, Dec 14, 2019.

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  1. NilamDomain

    NilamDomain Established Member

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    Hello,

    I'm not sure if this has been asked here before, but I was wondering what is the best way to sell off domains? Would it be better to use auction sites, or selling it in person? I have a couple good domains that I would like to sell by the end of the year. So my question is, what worked for you, or which type of sale method you had success with?

    These are the domains I own:

    woodflooring.net
    scarytrailers.com
    nudemodel.net
    marijuanaloungelv.com
    fore.info
    onlinescreenrecorder.com
    rankflare.com
    snackingcompany.com
    textinput.com
    astrologicalsymbols.com
    gearcamel.com

    Thanks.
     
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  2. WatchDogue

    WatchDogue Top Member VIP

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    The best method of selling domain names for one person may be a vastly different method for another person.

    You have been on NamePros for a little while, suggest you read through as many of the " domain sales " and the " selling " threads and posts as possible and determine what sales method is most appropriate to your own skill set and your ambitions.

    Are you looking for end-user type prices or domainer wholesale prices, as that question too will factor into your sales methods and price expectations.

    By your statement " selling it in person " I believe you likely mean sales via an " outbound " approach and if so the Forum has tons of threads and posts re outbound sales.

    The end of the year is right around the corner and such a speedy sale may necessitate selling at a
    wholesale / domainer price should any re-sellers be interested.
     
  3. NilamDomain

    NilamDomain Established Member

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    Thank you for the response, but where exactly would I find the sellers? Would I find them on here? Or do I contact businesses?
     
  4. The Durfer

    The Durfer Upgraded Member Gold Account Blue Account VIP

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    mostly auction sites, but you could on occasion use them in some weird trade arrangement, like if you had cola.com and wanted to buy a mansion and for some reason the realtor happens to like domains you could use them for trading for goods. :)
     
  5. WatchDogue

    WatchDogue Top Member VIP

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    If you actually meant where do you find sellers, here on NamePros, go to the Forum's HOME Page, likely you have a HOME page tab at the top left of this page.

    On the HOME page are discussion sections, suggest you look for sellers in the discussion section
    titled " Report Completed Domain Name Sales Here " .

    Also suggest you scroll down on the HOME page to another discussion section titled " Domain Buying and Selling Discussion" and read through that section for pertinent threads.

    IF instead you meant where do you find buyers you may want to use the search function and search out the various places sellers try to find buyers - which are many: auctions; outbound; selling platforms such as Uniregistry - Sedo -Dan etc. Good luck with your endeavors!
     
  6. NilamDomain

    NilamDomain Established Member

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    Thank you, I appreciate your reply!
     
  7. Haroon Basha

    Haroon Basha IZUQ.COM VIP

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    You need not FIND the seller, if you have a nice domain name, the seller will come to you automatically. Concentrate on choosing the good names, rather than investing on junks. All your names are called junks only. You will not get even the registration price that you paid for. This is to educate you only, certainly not to discourage you. ALL THE BEST.
     
  8. Bob Hawkes

    Bob Hawkes formerly MetBob NameTalent Gold Account VIP Trusted Blogger

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    ^^^ this
    I think this obvious point is often overlooked. So in a way, no one else can give you a precise answer. For example, some people do outbound regularly, some never outbound. Some find first contacts on social media like LinkedIn or Twitter, others never use social media. Some prefer to get names that the brandable marketplaces will accept, and then sit back and let them sell them, or at least a few of them. Some like to sell to other domainers, and as long as your sell-through rate is high enough and you make a bit on each, that can work, depending on your goals.

    Assuming you want to sell mainly to end users, and you can't or don't want to do outbound, I would suggest the following.
    1. Make sure each domain name for sale has a professional lander.
    2. Get them listed on at least one of the major marketplaces (Afternic, DAN, Sedo)
    3. Decide whether Make Offer or BIN is best. If you are doing BIN decide on the right price. Pricing is not easy, but I think most agree the right pricing is critical.
    4. Ask if you can in some way enhance the chances for your domain name. For example, by offering payment plan options.
    5. Don't spam people, but if you are active on professional social media, try to make bridges with the community that might have interest in your domain names.
    Others have raised the question of quality, and I will not comment positively or negatively other than to say I think for many of us it is helpful to go through the exercise of what are my best 4 domain names and what are the 4 I regret having. For the latter, I would actually price them cheap at a registrar marketplace or on NamePros, or auction them off. Better to get hopefully enough to cover your costs than hold in a slight hope a domain name you no longer feel was a good acquisition. Re the best 4, even if you don't do outbound, develop a list of who might have interest in them, and some way to get them noted.

    Finally, I might comment that to me your domains seem pretty varied. I mean WoodFlooring.net is certainly not a garbage domain name at all, but it is very different from say NudeModel.net! While diversity in niches is not bad in one way, in another if you are trying to develop contacts with the community in a niche it is very difficult if they are so different. I have gotten personally into too many niches and trying to go back to the smaller number I once had.

    Finally, important to be realistic. Let's say you have domains that are typical of the entire set of domain names for sale by everyone in the world. The sell-through rate is about 1% overall perhaps. That suggests that on these 11 names on average you would wait about 9 years to expect one sale.

    Finally, if you consider as many ways as possible, I think it will help you sell. You ask what has worked. I suspect while some sell only in one channel, for most of us we sell different ways. This year I sold one at Sedo, a few at DAN, a few privately, a bunch but only a few at decent values at two different registrar marketplaces, a few to domainers by responding to requests here on NamePros, a few in auctions here but not for much, etc.

    Best wishes,

    Bob
     
  9. NilamDomain

    NilamDomain Established Member

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    Thank you Bob, I really appreciate the thoughtful response! This really helped me a ton!
     

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