poll Better Success with BIN or "Make Offer"? $10 award for best feedback.

[Federer]

Have you had more success slapping BIN prices on your domains, or do you generate a better ROI overall by leaving "make offer"?

We have heard many times Sedo & Afternic listing the various benefits of BIN-priced names in the sweet-spot ($1K-$5K range). In practice, do you find you do better with fixed prices or "make offer"?

$10 PayPal payment will go to the most complete answer based on past experiences over time.

 

[hookbox]

Don't give them a chance to think about it. Make Offer gives them time to think. People looking for a name are more likely to Impulse purchase a name because they are actually looking for a name at that exact moment in time. Give them the chance to "pull the trigger" and they probably will.

 

[Federer]

I agree. NameFind/HugeDomains have it down to a science/art (+2,000,000 domains at fixed prices). Best option for residual cashflow.
The higher sales velocity (more sales generated by instant BIN purchases) more than makes up for the apparent $$ you “leave on the table” on the outlier sales - producing more profit long-term.

Of course high-end premiums should be left on “make-offer”.

 

[imadoer]

I find bin in marketplaces to work the best especially sedo afternic & brand sites. On landing pages I like make offer better especially if your willing to negotiate a little

 

[cabotower]

at sedo when you set a bin without a minimum amount it gets listed as bin with a best offer option. how does that format work for people? also, when you set a bin should it be set with a minimum (sometimes the bin itself) or let sedo include the best offer option. btw, if you are feeling a bit nosey, feel free click on my signature and snoop around.

 

[frank-germany]

at sedo when you set a bin without a minimum amount it gets listed as bin with a best offer option. how does that format work for people? also, when you set a bin should it be set with a minimum (sometimes the bin itself) or let sedo include the best offer option. btw, if you are feeling a bit nosey, feel free click on my signature and snoop around.

I opted-in at sedo to have an "or best offer" option when using BIN
thats was not the default several years ago

so maybe you can opt-out
talk to your rep