domain EJFX.com

[Phil]

At wholesale I'm guessing this name, EJFX.com, would be worth high $xx. What
would this name go for to an end user, especially in the foreign exchange
market (FX = foreign exchange). This is just hypothetical, there is no buyer.
I'm just curious to know what people would think of the potential if there was. :talk:

 

[Kevin123]

Hi,

I like the “FX” ending; I see it more as “effects” as in special effects. And the abbreviation “FX” is indeed used within cinematic jargon for such a reference. Of course, your reference is valid and others may very well see different connotations with the juxtaposition.

That leaves us with “EJ,” with the “E” being an unquestionably strong letter and the “J” being arguably weak. But the “EJ” looks good and could be implemented for numerous acronyms.

Overall I like the sound and flow of the domain.

I would put it at low $xxx reseller and high $xxx to low $xxxx enduser.

Good luck.

 

[Phil]

Thanks for your reply Kevin. I was thinking maybe the letter E could stand for European. Not sure about the J. For a "special effects" use, maybe Electronic Journal of Special Effects?

 

[planoali]

You can't judge how much a end user would be willing to pay for a domain since every end user is different. It really depends on whomever wants your domain and for what reason. If lets say Google really wants your domains for some application they're launching they probably would be willing to make you a hefty offer while on the other hand if it's a small startup business you would be looking at high xxx or low x,xxx.

 

[Phil]

I do see your point, planoali, of how you could get much more if a really big company wants your name for a new product. However, that just leaves me wondering, how would
the seller know? Surely a big company such as Google wouldn't announce that they are
going to buy the name. They could just contract someone not connected with the
company to buy it, or am I missing some nugget of information that more experienced
domainers have for spotting these situations?

 

[planoali]

Thats the tricky part, you just have to use your judgment on who you think is making you the offer. You can check the headers for the email and see if you can trace them down or ask them for their phone number and see if you can figure it out that way. But if lets say you set a reserve counter price for a end user and it turns out to be some multi-billion dollar corporation you probably lost quite a bit of money if you set ejfx.com at only 700 or so when they might be willing to spend x,xxx,xxx. The best thing imo is to ask them to make the first offer by telling them that you're not really interested in selling since you do have future developmental plans for the domain but would be open to listening to offers. You might lose some small scare offers that way but I guess if you're looking for a big sale you have to take the chance.

 

[Phil]

Seems to me one should not be too much in a hurry to sell a descent name. What you said sounds like good advice. Try to have them take the lead in making the first offer.
Thanks planoali.

 

[planoali]

Yeah if you have a good name, chances are that it will only appreciate. Also the best way to avoid playing the guessing game is to track down an end user yourself through google or some other mean although you'll have to make a sales pitch to them on why you think this name is important for their business.