NameSilo

Funny Inquiry Today

Labeled as discuss in General Domain Discussion, started by cocaseco, Feb 25, 2016

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  1. cocaseco

    cocaseco Top Contributor VIP

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    I had several new inquiries overnight, so like most morning those are the first things I work on. I quickly got a response from one guy and it reminded me how much the general public doesn't know. He was confused and didn't understand how I ever sold a domain at the price I quoted him when he could go to GoDaddy or other places and register for $8. The domain he was looking at was very low end at $XXX. He had no concept of the secondary domain market. I wrote back and explained a bit about domains and showed him some prices for random LL and LLL .coms and he outright said I was some sort of scammer and there was no way a domain could cost that much. Needless to say, no sale on that lead.
     
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  2. Billy Wagner

    Billy Wagner Nameplicity.com VIP

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    Very familiar story for most domainers I'm sure. If only the general public had the knowledge avid domainers do.......
     
  3. korganian

    korganian Top Contributor VIP ★★★★★★★★★★

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    Are you going to post the funny inquiry? I could always use a good laugh.:D
     
  4. cocaseco

    cocaseco Top Contributor VIP

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    Oh I've had many low bids, buy both informed and uninformed, buyers. But never have I had anyone who thought $8 was the price for all domains.
     
  5. imc

    imc Established Member

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    That guy was merely reflecting his pockets. The same can be said about domainers here. There are some great values offered here as well, but most times domainers don't want to pay even reseller prices instead content to wait for a distressed seller to land that lucky deal.
     
  6. hxp

    hxp SuperDuperUltraRarePremiumHolographic Member VIP

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    That is pretty funny. :|

    Even a bottle of water, chilled, in the right place, at the right time, triples in value.
     
  7. Billy Wagner

    Billy Wagner Nameplicity.com VIP

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    Very very true!
     
  8. Asfas1000

    Asfas1000 Top Contributor VIP

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    Very well said !
     
  9. cocaseco

    cocaseco Top Contributor VIP

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    Did your hair get messed up?
     
  10. garptrader

    garptrader Top Contributor VIP ★★★★★★★★★★

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    As a financial professional it amazes me how much companies are willing to spend on IT costs, marketing, advertising, professional services, travel etc and yet will balk at the idea of spending $XXX on a domain name.
     
  11. iowadawg

    iowadawg Top Contributor VIP ★★★★★★★★★★

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    And then that bottle of water and the new triple price?
    Hey, guess what?
    There are laws about ripping off the public!
    If only there were such laws that applied to domains.
     
  12. Cdomains

    Cdomains Top Contributor VIP

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    You should have pointed him to Sedo or another market that shows how much most domains are listed for, or even DNjournal past sales would have opened his eyes.
     
  13. imc

    imc Established Member

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    Not true. Price gouging applies to national emergency situations. In a capitalistic economy, outside of a monopoly, I can price my goods however much I want. You have the freedom not to buy. :)
     
  14. Kate

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

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    What did he expect ? That you hand the name over for $8 ?
    If he contacts you, it's because your domain is better than what he could find available.
    Suppose you have owned the name for ten years and you've been paying $10 in renewal fees. Your net investment is minimum $100. Selling below that amount = loss.
    Why should you give away a good domain at a loss ?

    Anybody should be able to understand that.
     
  15. Asfas1000

    Asfas1000 Top Contributor VIP

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    No, today I got a $1.5 offer for one of my domains from a US school teacher :xf.grin:
     
  16. Kate

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

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    With $1.5 maybe he has just enough spare change to register domainbeggar.info :)
     
  17. Asfas1000

    Asfas1000 Top Contributor VIP

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    Since not all domains sell, despite good quality, selling for less than 5-10 times that is still a loss !
     
  18. frank-germany

    frank-germany domainer since 2001 / musician VIP

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  19. frank-germany

    frank-germany domainer since 2001 / musician VIP

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    They always are students, teachers, or buying for the wifes hobby
    With no comercial intention

    I tell them a domain has a value
    Regards of the buyers intentions

    Guess what
    It doesn t matter what you answer

    They don t have the money
     
  20. Asfas1000

    Asfas1000 Top Contributor VIP

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    She is a school teacher, I confirmed.
    I suggested she regs the hyphenated or .org version.
    If she is acting for someone else, she will try again for the .com :xf.smile:
     
  21. Fliper

    Fliper Established Member

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    It could be 1.500 sedo style price offer. She just forget to add zero :-/
     
    Last edited: Feb 26, 2016

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