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Does displaying "recent sales" on your website help with sales?

Labeled as advice in General Domain Discussion, started by Rory Ivey, Jun 25, 2016

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  1. Rory Ivey

    Rory Ivey Top Contributor VIP

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    I'm in the middle of putting my simple portfolio website together. I want to know if adding a category or a display for recent domain sales will add an air of legitimacy, trust, and influence sales?

    I know I have ran into sites with this feature and it made me a bit curious and even impressed that clients trusted the site or seller to do business with them. But I'm not sure how it would influence endusers?

    looking forward to your responses!
     
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  2. rajbirkohli

    rajbirkohli Top Contributor VIP ★★★★★★★★★★

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    I would say it depends from website to website, and mainly kind of data you actually display about your sales. If you yourself feel that the sales which you have is impressive then you should do it.

    Hope that helps
     
  3. loredan

    loredan Top Contributor VIP ★★★★★★★★★★

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    I don't know about endusers, I'd say they really don't care. If someone needs a domain you own it makes no difference for him/her if you show past sales on your website.

    The problem when you have this feature on your website is that some other so called domainers would visit your site, would see your sales and most likely will try to contact your buyers with other silly domains. It happened to me in the past when I used to list sales on site and had the URL in my signature here ...
     
  4. sixtoronto

    sixtoronto Established Member

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    IMO it would only matter if you're portfolio contains big sites like "fb.com" , "uber.com" and shit like that. It's like how some companies put their portfolio if they designed for or catered to big companies like "microsoft" "ebay" and other fortune 500 's
     
  5. rajbirkohli

    rajbirkohli Top Contributor VIP ★★★★★★★★★★

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    O_o so you are telling that if tomorrow BB.com or BR.com or NR.com decide they wish to display their sales data, they shouldnt, because their protfolio doesnt include big sites??
     
  6. sixtoronto

    sixtoronto Established Member

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    ^For a domainer / domaining related site, it adds a sense of credibility, especially if the domainer has an article with proof of a huge sale.

    But random sales, like selling a handreg for $20, I don't really see a point of including it.
    A testimonial section would be nice

    but this is all just my opinion
     
  7. rajbirkohli

    rajbirkohli Top Contributor VIP ★★★★★★★★★★

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    here, you do not know if the OP's sales are big or small. How can you presume that he sales are not big enough to display?
     
  8. sixtoronto

    sixtoronto Established Member

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    I didn't assume anything, my post said
    "it would only matter if you're portfolio contains big sites like "fb.com" , "uber.com" and sh*t like that"... so if it is a notable sale, then I say include it. Displaying small sales / insignificant random auctions that sold for less than the handreg rate would be considered as filler

    If I went to view a domaining site, and I see that the site owner says that he sold his brand new handreg "iloveplayingbasketballinsummer.com" for $1.25 on an ebay auction ... I would consider that as filler / redundant information that is better left off the site

    if he sold FB.com, or a couple LLL.com or LL.net's ... a bunch of common one word domains , or even vine.co, or random words which wellknown companies picked up, then I would consider those as notable sales
     
  9. rajbirkohli

    rajbirkohli Top Contributor VIP ★★★★★★★★★★

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    Then, my bad. Sorry for the misunderanding..
     
  10. Rory Ivey

    Rory Ivey Top Contributor VIP

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    The sales I would put would all be 4 figures or more, and are end-user sales,meaning a website was built on the name by a startup.
     
  11. Rory Ivey

    Rory Ivey Top Contributor VIP

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    The sales I would put would all be 4 figures or more, and are end-user sales,meaning a website was built on the name by a startup.
     
  12. Kate

    Kate Domainosaurus Rex VIP ★★★★★★★★★★

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    I don't think that is going to bring a lot of added value. First of all, if you are going to advertise your own sales that might be a slight put-off to potential buyers, because they expect privacy and may not want to see their own purchases being reported. If you are going to use the Sedo feed, then you will be publicizing reported sales from outside parties. Why advertise for third parties ?
    Each domain is unique, the fact that xxxxx.com sold for that much is hardly relevant to the value of zzzzzz.com

    If you were a broker, then it would make more sense to publicize your deals.
    But if end users need your domains, everything else is irrelevant.

    Asking for testimonials (in return for a small price cut perhaps) is more clever.
     
  13. Rory Ivey

    Rory Ivey Top Contributor VIP

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    I agree with privacy, but I guess permission could be given after the sale(if buyer is ok with it).

    The idea would be to display the sales that are not just significant but also developed by startups. Because my branding is centered around delivering perfect brands for startups. So the influence would be like, look this brand is behind this startup and that startup. So it's not so much about l ok a sale happened let me buy from him.

    And I've always wanted to get legit testimonials; maybe I could contact previous buyers who are successfully using the names and see if they would do it. But, the idea of discounts for testimonials is clever. But would it be a legit or substantial testimonial if they haven't even purchased or use the name yet?
     
  14. New2Domaining

    New2Domaining Established Member

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    Here's my $0.02...I'd say that placing a small band or banner near the footer with 3 - 6 text logos wouldn't hurt if one of these 3 things is true:

    1. The domain you sold is being used and resolves to a credible website / business
    2. The domain you sold is really AWESOME and would appeal to a non-domainer, no explanation needed
    3. The domain you sold is at least "solid" and you have a REALLY AWESOME logo that elevates it

    I would not list or mention the sales prices for any of these reference domain sales.

    An alternative way to do this might be to discuss some interesting aspects of the sales process for 1 domain or the company using it in the "About Us" section or some other appropriate place.
     
  15. mad409

    mad409 Always thinking outside the box! VIP

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    I personally think when directing an end user to your site listing your past sales is nothing but showboating IMO. Most people would not know how to confirm the data anyway. If you're listing high dollar sales, it could cause a reverse effect with a potential buyer thinking I bet I can't afford the domain they want, might scare them away.

    I prefer when asked a price from my site to provide the price and then show past sales showing them where and how I have valuated my asking price. This takes place after they respond with a low ball offer.
     
  16. Rory Ivey

    Rory Ivey Top Contributor VIP

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    I think the idea of displaying "how a few names are used" in a separate page, like about us, or it's own page is a good idea. It's subtle, and would only be discovered by clients who really want to know more about my brand and go ahead to search the site.

    And yes, the names I would use would have active start ups using them/with active websites.

    Thanks!
     
  17. Rory Ivey

    Rory Ivey Top Contributor VIP

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    Listing the names would not include pricing. The idea is about being the go to choice for startups. So any listing would be a name that has a developed website being used by a startup and doing well.
     
  18. stub

    stub DNStore.com PRO VIP ★★★★★★★★★★

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    Putting on my enduser hat. I wouldn't do it. If I bought a domain from you, I would not give you permission to advertise the sale (with or without prices). As @Kate said, getting a testimonial from them might be better. Although I also have a jaundiced eye about testimonials too. They're mostly fake.
     
  19. Rory Ivey

    Rory Ivey Top Contributor VIP

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    Ok I'll go to fiverr for some testimonials, thanks;)
     
  20. DnEbook

    DnEbook DataGlasses.Com VIP ★★★★★★★★★★

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    I did decide to list a few on the site in my sig, not sure if I will leave them on for long
     

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