NameSilo

How to calculate Min Bid when setting your Afternic prices?

Spacemail by SpaceshipSpacemail by Spaceship
Watch

canswift

Top Member
Impact
399
I've just moved some domains into Afternic (Premium / Fast Transfer) and have gone through them all setting BIN, Floor and Min Bid pricing.

I'm fine with the BIN price (this is the one I'd be really happy to get), the Floor price ( Afternic can negotiate down to this and I'd be OK with this price). Where I'm stumped is how to finesse the Min Bid price. Should it be low enough that even a casually interested purchaser would press that "submit" button, or should it be closer to the Floor price to discourage all but the serious shopper??

Your thoughts would be greatly appreciated. Thanks.
 
0
•••
The views expressed on this page by users and staff are their own, not those of NamePros.
AfternicAfternic
The min-offer applies for the listing on Afternic platform and other Auction platforms (mainly Godaddy). It is so that a buyer can make an offer. If the offer comes via Godaddy, Afternic handles it. If it made via Afternic platform, you handle it.

With the Premium/Fast Transfer, the min-offer is the same as I described above. It doesn't need to be inline with your floor price, it doesn't have any effect on it.

I keep the min-offer $250 across my domains. My floor price differs per domain.
 
0
•••
Dynadot — .com TransferDynadot — .com Transfer
Appraise.net

We're social

Spaceship
Domain Recover
CatchDoms
DomainEasy — Zero Commission
  • The sidebar remains visible by scrolling at a speed relative to the page’s height.
Back