discuss Got 12 Inquiries in 4 days for one domain name

[Memomax]

Hello namePros members

I've some domain names parked at uniregistry using for sale landing page, and recently one of them Got 12 Inquiries in 4 days, from 3 Chines companies, I searched all of them and found that one of them is so big, I asked them to make an offer but they asked for the price I thought they might need to know the price range first so they don't make a higher offer, so I sent a price quote to all three companies and I didn't hear back from any of them for almost 12 days, I followed up asking if they're still interested in the domain name and still no response for 3 days now, so I need your advice guys,
should I use uniregitry brokers as they can speak chines??

Notes: - the domain got an inquiry on afternic also.
- My asking price is lower than other domain extension with the same keyword.

What should I do guys??

 

[PhongSGC]

if use brokers, u will share commission so ur asking price will be higher

sell by urself while you had inquiries

 

[johnnie018]

I like your style @MapleDots

Game players get played

It is big ego nonsense, will cost all a lot sales. You don’t jack up the price every time a customer walks in.

 

[johnnie018]

Serious buyers don't play these games, so players get played, I get BS inquires, instead of raising the price, I just tell them the name is not for sale, To Them

No Ego here

They do that all the time, they want to see if the quote varies. Putting it up or changing it all the time will cost sales because the seller looks flakey.

 

[spikedo]

I get a ton of Chinese inquiries but none have ever turned into sales. In fact, none have ever responded to my responses to them. I even assigned the leads to a Uni broker and they couldn't reach them. Curious...

 

[Memomax]

if use brokers, u will share commission so ur asking price will be higher

sell by urself while you had inquiries

Exactly

 

[Memomax]

yeah... well... its always nice to get inquiries.. but many simply do not convert. happens to all of us.

the bottom line often is that if buyer really wants name.. he'll chase you.. not you chase him.. but... even this is not bulletproof and sometimes its nice or needed to chase buyer... maybe with weaker names etc..

call afternic broker.. especially since you got the inquiry there.. ask where it came from and for how much offer was... they tell u this.. then ask broker to check history if they dealt with buyer before.. they often tell u this too..

then build on that.. its very reachable and simple to contact afternic brokers. by fone.

gl

Yes, that's true many inquiries don't convert, but isn't all the leads are important?
I guess I will send my last follow up Email and just leave there.
- I will try your advice and call afternic broker to ask for more info about the potential buyer.
Thanks for your help Alcy

 

[Memomax]

Sounds like someone just messing around. Serious buyers dont do this.

I actually thought they didn't replay because of the chines new year holiday which was 2 weeks as I've been told, also the inquiry is from established website for mid/big companies, but I want to ask you if they didn't like the price wouldn't they negotiate instead of ignore??

 

[Memomax]

I had a similar case where I got 7 inquiries on one domain. I raised the price by $500 with each inquiry. I figured it was the same person. I finally got an email entitled WTF. I responded back and said I could say the same and the price has just increased by another $500.

I did end up selling it but I originally said 5k and ended up selling it for quite a bit more.

I am currently negotiating with a company from Switzerland as well and it their fourth inquiry, I just quoted 4k more. They will either walk or buy before it costs them more.

Hahaha I like your style but franly speaking can't do it right now as I didn't sell any domain yet :D
and I have to pay for domains renewals :D
wish you more success

 

[Memomax]

I like your style @MapleDots

Game players get played

Indeed

 

[gilescoley]

I actually thought they didn't replay because of the chines new year holiday which was 2 weeks as I've been told, also the inquiry is from established website for mid/big companies, but I want to ask you if they didn't like the price wouldn't they negotiate instead of ignore??

Yeah a serious buyer would negotiate or make an offer/counter offer. This is a someone playing silly games

 

[Memomax]

I get a ton of Chinese inquiries but none have ever turned into sales. In fact, none have ever responded to my responses to them. I even assigned the leads to a Uni broker and they couldn't reach them. Curious...

the Inquiries came from mid/big Companies with phone numbers but I don't speak chines so I thought a broker would be a better choice, but also as they didn't replay or made any offer, they might do the same to the broker I guess, and also I'll not be able to contact any upcoming leads to the domain as it's handled by a broker.
the best thing to do for now I guess is waiting for a response.

 

[Memomax]

Yeah a serious buyer would negotiate or make an offer/counter offer. This is a someone playing silly games

Very true, I'm just curios why would someone play silly games with real emails what is their point!!

 

[Memomax]

i really like your ways to beat those pushover LOL

btw @Memomax if you already know the companies you should research and find their competitor, try to offer your domain to your competitor as well. If you want to heat up the competition, you could place your domain name on single page website lander showing : Coming Soon, Be Patient For The Next BIG Thing!!!

LOL

Good Idea I would try it for sure but i'm afraid that Iwouldn't be able to ask for the price I want as i'm the one who is chasing them.
Hahaha the Coming Soon Idea is brilliant but shouldn't I unlist the name from all marketplaces?

 

[Omar Negron]

If you responded to them already, there is really nothing more you can do.

I would just continue to follow up with them periodically to see if they are still interested in the domain name. Inbound inquires are the best =)

-Omar

 

[Memomax]

if your domain name were not trademarked, if your domain name is common word you might add some competitor product as background on your coming soon page

I'd try that too :D

 

[Memomax]

I have received 630 Inquiries through Uniregistry, with only one success sale.

@jamaltq Is this normal?? is it about the platform it self?? what's the reason of this in your opinion??

 

[jamaltq]

@jamaltq Is this normal?? is it about the platform it self?? what's the reason of this in your opinion??

I think there is something wrong in there platform.

 

[Memomax]

I think there is something wrong in there platform.

What other platforms you would suggest to use instead of uni??

 

[jamaltq]

What other platforms you would suggest to use instead of uni??

Most of my sales through:
Afternic
Godaddy
Namejet

 

[Memomax]

Most of my sales through:
Afternic
Godaddy
Namejet

@jamaltq Thanks for sharing bro

 

[Omar Negron]

I do follow up with both English and Chines in the same Email, I send an email every 2 to 3 days and total of 5 emails to be sent, am I right?
BTW I like your blog&YouTube channel thanks for the content you upload :D

I don't follow up that often,I usually contact them once per month until they tell me to get lost or we strike up a conversation...lol.

And thank you for the kind words! Much appreciated.

-Omar

 

[Memomax]

I don't follow up that often,I usually contact them once per month until they tell me to get lost or we strike up a conversation...lol.

And thank you for the kind words! Much appreciated.

-Omar

You're welcome
Another good way to follow up

 

[Memomax]

Do nothing and stick to your price, if you have a serious buyer he will come back.

Indeed! you're right

 

[dande]

Serious buyers don't play these games, so players get played, I get BS inquires, instead of raising the price, I just tell them the name is not for sale, To Them

No Ego here

Obviously you're not a magician, are you? So, how do you know which inquiry is BS and which is not?

FYI. Sometimes, the most serious buyer may present an inquiry so lame that you may want to kick ass