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*** For Newbies Only #2 ***

Labeled as guide in Domain Beginners, started by johnn, Oct 2, 2020

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  1. johnn

    johnn WeSellName.com VIP ★★★★★★★★★★

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    Just want to share mistakes that Newbies normally make from my experience - Do not attack. Remember this one is for Newbies Only.

    English is not the native language for many new members here so choosing a name to buy/register may become a problem. Here are some tips on how to choose and sell a name:

    1. Forget about appraisal. They mean nothing because the price is set when there is an agreement between buyer/seller. Do not beg for appraisal. It does more harm than help if the reply is zero or register fees. Especially the appraisal came from a newbie with no experience or feedback. You may have a hard time to sell the name if you have bad appraisal because the information is indexed by the search engines.
    2. Watch out for the order of 2 or 3 words. Many times they sound good to you but it does not mean anything. Ex: BlueJean is good but JeanBlue is not.
    3. Ask yourself what can you do with the name and who will be the customers? Ex: SellingCellphones has a bigger market than SellingBooks or SellingBatteries.
    4. Pick the right Registrar for the name so you will have an easy time when it come to selling the name. Cheap is not always mean good. Pick the popular ones. It's not a problem if you have to pay a dollar more or two.
    5. Always make sure your "whois" information is correct so the potential buyers can contact you directly.
    6. List the name at all venues: Sedo, Afternic, Godaddy, DAN, etc... You can should only "buy it now" at one place and not multiple places.
    7. Do not accept the first offer when you received one. Normally if you accepted the first offer, the buyer may think that the offer is overprices and walk away with cold feet. Always make a counter offer with a message:"I already received higher offer. Send me your best offer and I will consider" So if your counter offer is too high to them. They still think they have a chance.
    8. Dealing with end users is not the same as dealing with members here. It will take time: days or even weeks. So don't rush them and make them upset. Just wait.
    9. Stay away from buying names from auctions until you have experiences.
    10. You can still get good names from hand registered or from expired names. There are some sites that will list names that will drop or dropped and available to register again.
     
    The views expressed on this page by users and staff are their own, not those of NamePros.
  2. Jeremiah88

    Jeremiah88 New Member

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    Thanks really helpful
     
  3. Web manish

    Web manish Established Member

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    Thanks 👍 very helpful
     
  4. ouchard

    ouchard New Member

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    Thanks 👍 very helpful
     
  5. Hakan Yildiz

    Hakan Yildiz SpecTRnoOne Gold Account

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    Thanks 👍 very helpful
     
  6. Greatchuks

    Greatchuks Established Member

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    Thank you for this
     
  7. simon andrew

    simon andrew Established Member

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  8. Amzymayor

    Amzymayor Established Member

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    So helpful. Thanks for sharing
     
  9. AllDayADK

    AllDayADK New Member

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    Thanks, I appreciate the tips as I'm just getting into this.
     
  10. Iamcherry

    Iamcherry New Member

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    I am newbie.
    Thanks for your tips, very useful info..
     
  11. roblasch

    roblasch Upgraded Member Gold Account

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    Why bin at only one place? And thanks for the free advice. I'm used to paying for the advice (by learning lessons the hard way).
     
  12. Samer

    Samer Top Contributor VIP

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    It’s uncommon but there may arise a situation where two diff market BIN claimed which may cause controversy; and is easier avoided.

    I recommend BIN at Aftenic; (most exposure)
    Some choose to ignore this; never take risk. @johnn is right on;
    use afternic BIN; it translate into all it syndicate
     
    Last edited: Oct 18, 2020 at 4:54 AM
  13. Kpett

    Kpett Top Contributor VIP

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    Regarding a domain with BIN at multiple sales sites ... the chance 2 different buyers would choose to buy your domain at BIN at 2 different sites near the same time is so slim, I wouldn't worry about it. I have most of my domains at BIN pricing at GoDaddy, Afternic and Sedo.

    However, once you put a domain up for auction, as soon as it hits a reserve price (or gets a bid with no reserve, like here on NamePros), then you should immediately remove any other listings for that domain name at other sites.

    Good luck!
     
  14. Vansh Kumar

    Vansh Kumar Established Member

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    7th and 8th tip is very Good... Thanks for It!
     
  15. 1Darko

    1Darko Top Contributor VIP

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