- Impact
- 3,127
If so -
Is it working for you?
What are the benefits?
Did you DIY?
If not,
Why?
Interested to know your thoughts....
Is it working for you?
What are the benefits?
Did you DIY?
If not,
Why?
Interested to know your thoughts....
Yep I developed Nameed,
Thanks for the insights. I think there's no doubt that buyers do take reputation into account these days (and thus the added security of buying through an established marketplace is appealing). However from what I've read there is a surprisingly high percentage of people who will buy a domain without ever visiting it. And I tend to be like that myself quite often. Admittedly I usually buy off NP, Flippa or from established domainers that I've dealt with before, but I often don't even visit the domain. And if I do it that way I'm sure there are at least some others who do too.I cannot say with 100% certainty that they go to my website first before making an offer a domain at Afternic. I'm basing it on the fact that all my domains point to my website. But most of my sales (about 80%) come thru Afternic, which is the first time I here that somebody is interested in my domain. Of course, it is possible that somebody who is interested in a domain, hasn't type the domain into their browser. But I suspect, most do, or would.
I only sell thru Escrow.com, But I'd say its about as rarely as 1 per year, which go thru Escrow.com without any intervention from me. This may be because I make the buyer register on my website if they want to buy a domain from me. Also. Most of my domains are still Make Offer despite my intentions to begin selling more domains at fixed prices, as a new year's resolution in 2019. I also insist that people who want to make offers register, as well. Which probably puts some people making offers, off. But, for me, I want to know who I'm selling too, as best I am able too.
The highest prices I've sold domains at 100% mark-up at Afternic are about $10k. These are situations where I got a direct inquiry and last quote to them about $5k, before negotiations soured. So I priced them at 100% markup on Afternic. Most priced domains at Afternic are only 25% increase over my own website. I don't sell anything below $1k. My average selling prices range between $2.5k - $10k. It's mostly a break-even existence.
The interesting thing to note from all this though, is that a marketplace like Afternic proves valuable either way, whether a buyer purchases there for trust reasons or simply because that was where they found the domain. It's my belief that a reasonable amount buy there for the latter reason but regardless it shows the benefit of using such a sales platform.
I couldn't agree more!However, it's not my choice (normally) to use an outside company like Afternic for trust reasons. I think it's price gouging rates of commissions, IMHO.
I created and was running my own platform for over six months but then realized the prospective buyers mostly prefer an established platform like Sedo or Dan or Afternic or Uniregistry rather than trusting my own platform which just started. By the way, shifted all domains back to Sedo for now.
Yes, and it’s good too in a way, for both buyers and sellers.I think it all goes down to marketing but yeah there are also many people who'd just prefer established markets like GoDaddy or Sedo.
Owning your own domain sales site is so 2000 or something like that.
What's the point? There is none.
List at afternic + activate fast transfer and you sell a lot more.
If you don´t like to park with afternic, use sedo or something like that.
maybe if you own 100 000+ domains, it has some point.
Or maybe if you sell some country .tld-s. And you need the marketplace to be in specific language
What are the negatives? Overheads are no more than $150 a year. That's website, domain reg, and email. A great way to manage any inbounds.
Thank you for hitting the nail on the head.Keep in mind -having a marketplace is simply a marketing tool, nothing more. It alone won't sell a single name.
If your looking to have the type of biz that you are networking, getting interest in your products & (more impt) content, handing out biz cards, speaking at conferences, etc.. - then you need a full website & marketplace. A marketplace that works for your brand. - I would say in that case, chat with @Tia Wood . Because, you don't want someone's style you have to force your brand into.
If you really just want nice landers, with action items, & portfolio & design - pick your poison. The difference here is your not basing your biz/marketing efforts on driving traffic a particular site (reoccuring content traffic, not 1 time sale traffic) - a better fit may be a true domain sales & management platform.
I would recommend getting a platform that does more than sales pages, alone. A "business management" platform as @Josytal mentioned above - you need more to manage a decent portfolio.
Hope that made sense - just pointing out there is a difference in a site to list, promote, a sell Domains vs. a Branded homesite or a Blog -ish kind of deal.
Good Luck,
Brian
(Interesting thread, I'm basically subscribing by posting).
So if you have your own marketplace, do you really complete sales there. or finalize transfers elsewhere.
Why should people trust you. I mean, you paypal me and I push the domain to your account; why should they accept it. Also, you ask the buyer whether they got the domain, and they remain silent, or say no, then what do you do.
Afternic+fast transfer: Does it have significant advantages over other marketplaces?
Does landing there have any benefits?
I rarely sell at Afternic, but maybe because I don't use fast transfer and don't park there.
Why am I talking about Afternic 25% commission, when it's only 20%.Just as a maths lesson...
100% - 20% = 80% +25% = 100%
So I'm adding 25% to the basic amount I want to receive in order to get to the Afternic Sales Price. (Sorry if this is teaching some of you to suck eggs)
may I ask , as a "newbie (..YUCK!) ", which of the ready made sites you find to easier and more friendly for beginners?I tried to develop my own site (a couple of times), but in the end I just didn't have enough time to dedicate to it because of my day job. So I've used one of the ready-made sites to list my names.