NameSilo

Can't believe my luck --->>> ★ CoinMoulds.com ★

Labeled as domain in Domain Appraisal started by Crypto2020, Oct 15, 2019.

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  1. YourBestTrader

    YourBestTrader Established Member

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    I did indeed see those... but as I said in my earlier post "Looking at previous similar historical sales"...

    I don't see the ones you've mentioned as being at all similar to your domain. I'm not trying to lay waste to your domain... but trying to give an accurate valuation based on my best judgment.

    Good luck!
     
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  2. jamesall

    jamesall Upgraded Member Gold Account VIP

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    Dude, these domain names are in a different league. One word domains, factory tooling and chocolate designs vs coin moulds. A rare hobbyist pursuit at the most. Most coins are actually stamped not moulded anyway.

    mouldingcenter.com is the only one that resolves. Great fit for their business.
     
    Last edited: Oct 19, 2019
  3. tracey sclater

    tracey sclater Established Member

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    Make sure you let everyone know when it sells .
     
  4. Crypto2020

    Crypto2020 Established Member

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    Hi @YourBestTrader .. Not to rub you off the wrong way but I just don't see how


    moulded.com
    mouldy.com

    are so much worse than

    mould.co
    moulding.com

    Specially between moulded.com and mould.co, any domainer would chose moulded.com, I know I would.

    Also better still looking at the 2-worders; Is

    designmoulding.com
    mouldplast.com

    So much worse than

    chocolatemoulds.com
    mouldingcenter.com

    They seem to be of similar quality to me.

    Also @jamesall thanks for highlighting mouldingcenter.com out. Its an American company based in California and still they seem to prefer the spelling moulding over molding :xf.grin:

    PS: Apologize for beating the dead horse but I genuinely want to learn about valuations here. I know my wild valuations (of over $xx,xxx) are out of whack (that's why I call them wild) but my valuation of mid $XXX to low $X,XXX does seem reasonable to me.
     
  5. YourBestTrader

    YourBestTrader Established Member

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    You certainly don't rub me the wrong way... You are coming from the right place... Wanting to understand and learn. Bravo! Asking questions with the right attitude is rare. :)

    I'll see if can clarify a little on my earlier post.

    Regarding your higher value comparisons... I chose not to use those for comparisons because they are either FAR broader in scope, which makes them applicable to wider audience... Or they are specific, but to a totally different industry to yours. In other words the domains you've listed aren't comparable because they are either far better, or the domain is simply about something totally different:

    $10,000 moulding.com [GD]
    $4,678 mould.co [Namebio]
    $3000 moulds.com [Namebio]
    $3000 mouldingcenter.com [Namebio]
    $2000 chocolatemoulds.com [Namebio]

    On the flip side I included in my comps the below names which are either closer to what your domain is about, or in the case of some of them still objectively better than your domain and yet still priced super low... Showing that your domain likely doesn't have a large audience willing to spend:

    mouldplast.com 224 USD 2018-04-29 DropCatch
    designmoulding.com 144 USD 2017-10-07 GoDaddy
    euromould.com 134 USD 2018-09-13 DropCatch
    mouldy.com 134 USD 2017-04-16 DropCatch
    hzmould.com 133 USD 2018-04-12 DropCatch
    moulded.com 129 USD 2013-04-06 NameJet

    Even without the comps though, my original valuation stands... Your domain is VERY niche, and it's not a niche with high searches, high advertising, high SEO, or any indicators showing much interest in this niche... I'm sorry to say there just isn't any proof of potential buyers out there.

    Even niches with proven demand like insurance, CBD, or simple things like plumbing... It's still hard to catch a decent sale.. so with your domain the odds are exceptionally bad in my personal opinion.

    For domains like yours a good question before buying would be... Can you draw up a list of 100 potential buyers that you can contact on their websites, Facebook, LinkedIn, or Instagram to offer the domain to.

    You don't have to do the reaching out... But if there aren't 100 potential buyers... That kinda says something.

    Hope I've been helpful.
     
    Last edited: Oct 21, 2019
  6. jamesall

    jamesall Upgraded Member Gold Account VIP

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    It's hard to sell a great name as well. You have to find that buyer.
     
  7. Crypto2020

    Crypto2020 Established Member

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    @YourBestTrader .. First of all thanks again for another informative post :)

    Your focus on niche analysis is right on as its hard to argue "Coin Moulds" being non-niche :-P

    But isn't niche by definition means where there is less concentration of buyers and sellers and doesn't all niche seekers try to find niches which are under-saturated, meaning more demand than supply and hence could potentially be more profitable?

    What I am trying to say is that even if there is a hypothetical under-saturated niche market of only 1 seller and say 100 buyers and that seller makes millions annually and he finds the perfect domain for his business, won't he be willing to pay $X,XXX or even $XX,XXX for that domain?

    So while your focus on niche market is bang on, I don't believe the number of end-users determines the value of a domain (at least not a big factor), it is the profitability of the niche market that they operate in that would be more of a determinant in my understanding. However, the number of end-users will definitely determine how hard it would be to find and\or convince an end-user to buy your domain even if it highly relevant for their business.

    So in my case I, it would make this domain that much harder to sell. I certainly won't be able to rely on in-bound only. Would mostly have to do out-bound to the right end-users or at forums like the one @MTB suggested. But this would not determine the price I will get from that end-user. Could be $XX or $XXX or $X,XXX :) . Or am I missing something.

    Antique coin and coin mould sellers could be very profitable or very little profitable. That would depend on how under or over-saturated the market, that he selling to, is. The wealth of the buyers of antique items should generally not be an issue here (as not many poor folks have the habit of collecting antiques :xf.cool:)
     
  8. MTB

    MTB Established Member

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    I think xx is realistic and xxx if you find a specialist seller
     
  9. YourBestTrader

    YourBestTrader Established Member

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    I'm with @MTB, but perhaps go even further to say you should take whatever you can get. Do outbound asking for $220, but take first actual offer of any amount.

    If there weren't so few potential buyers, I'd have said $450 or $650... But with so few buyers.. you want to guarantee a sale if you can.
     
  10. Crypto2020

    Crypto2020 Established Member

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    Thanks to all the contributors to this thread, especially @MTB and @YourBestTrader for their thoughtful and constructive feedback .. Its been a lively discussion and I for one learned a thing or two (including that regging this domain might not be as lucky as I initially thought :xf.grin:)

    Will leave it open for another 24hrs to collect any final thoughts\comments and then close it.
     
  11. xynames

    xynames XYNames.com PRO VIP

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  12. manpreet

    manpreet Established Member ★★★★★★★★★★

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    Congrats, hope this turns about to be a good acquisition. Although I am seeing an overall decline in the coin/crypto related sales recently.
     
  13. clyde talley

    clyde talley Established Member

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    if i had only 1 cent each of all the garbage domain registered id easily be a millionaire.thats the case here.
     
  14. YourBestTrader

    YourBestTrader Established Member

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    Now I gotta say something else.

    Yes.. it's not a great investment.

    Yes... He might never get his reg fee back.

    It's STILL 100 times better than a LOT of the domains on here.

    Just putting that out there.

    He's not doing great with this one.. but he's more on the right track than a lot of the other folks on here.

    At least there's an end user / product in mind. At least it makes sense.

    Keep on learning @Crypto2020 ... You're heading in the right direction!
     

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