How much to counter for this .in domain name?

I got an offer of $100 for m o b i l e c o v e r s . i n today. It's a huge keyword getting over 90k exact searches every month and a lot of related searches as well. It has solid commercial value too imo as it's a very popularly sold item online in India, although the product cost is on the lower side.

I'm not really sure how much to counter as it's my first offer on a .in domain name. So really looking to get some insight from some of the more experienced of you guys around here, especially those with more experience with .in domains.

 

I would not let it go for less than $1000.
But you are probably dealing with an Indian end user. So, I would be very careful with pricing if you are looking to really sell it.

 

Yeah I was really thinking to not let it go for less than $700. The buyer is from India and I do have a strong feeling they would be on a smaller budget, but I'm not desperately looking to sell it. I'm fine with holding longer as I think this product niche is only going to grow in India.

 

Yeah, they would probably have to sell just 750 mobile covers to cover (assuming Rs 100/item profit) the $1000 price they paid you. If you calculate it that way, sky is the limit
But then there's always an option of going for brandable domains. Of course, nothing can defeat a keyword domain, but the end user may just think that he will spend the money on advertisements instead.

 

They might also be a reseller as well,right? If you think he is an end user try countering with $700 because you are planning to hold it longer too, then why not try countering him and trying sell at your planned price.

 

I suggest $698 ~ $1488 price range.

Goodluck

 

I got Zty.in how much I can expect?

 

i would not let it go less $500.

 

Thank you everyone who replied - I really appreciate your insight and help!

 

I would counter at least $1500 and not sell it below $1000-$1200

 

I wish you had replied a little sooner. :D It would have given me more reasons to consider quoting a higher price. But I ended up closing this one at a little over $600 on installment payments.

 

I replied when I saw the thread

But this is a lesson learnt. Never be in a hurry to sell a decent domain at a low price. But in the first reply you were suggested to not let it go below $1000. I am not sure why would you not sell it at least at $1000

 

Yeah that's true. I'm thankful to everyone who replied.

Yes, it's definitely a lesson learnt. I'll now make sure I don't sell such good domains in a hurry. Thanks for your insight.