news Domain upgrade is the name of the game in China

[equity78]

The domain behavior in corporate China is quite similar to what we see in the west. Companies like to upgrade to shorter domains for a variety of reasons: such as better name, prestige, publicity, or going global. Let's look at some examples.

http://grandseeds.com/p191116.html

 

[vikki88]

Nice article, thanks for sharing

 

[oskaaay]

Thanks for this info. its a goldmine for domainers that can see beyond the letters.

 

[Michael Ehrhardt]

thx

 

[Soofi]

China likes number and shorter domain names more

 

[Rob Monster]

When quoting prices to Chinese buyers, note that they generally prefer to see prices in RMB even if the price is ultimately settled in some other currency.

If you Shoot the Moon on a Chinese inbound, a good number is:

888,888 RMB

That is about $126K.

The larger companies can do wire transfers even for large amounts. For smaller buyers, sometimes they need to pay it out over time via credit card due to payment limits.

However, it is absolutely the case that companies are trying to upgrade from .CN to .COM. There is a bull market just in catering to that segment alone.

Feel free to PM me if someone needs help closing a transaction with a Chinese buyer. Happy to advise.

 

[TERADOMAIN]

Thanks for sharing.

Old Wine in New Bottle.