strategy How to Find Potential End Users?

[shilmy]

Hi,

Do any of you has regularly sell your domain to end users? If so, do you mind share with me in this thread on how find potential end users for your domain?

Regards,
Sjarief

 

[Kenny]

Quoted post removed
Peace,
Cy

 

[av1atic]

starting to get pretty good at punching out these emails one after another

thanks for all the great advice in this thread :D

 

[Edward Smeu]

What's the average ratio for replies per sent emails you have in general?

I know it depends on a lot of factors but post a range(ex. 1 of 25-35/1 of 35-50 etc).

Thanks.

 

[Pound]

What's the average ratio for replies per sent emails you have in general?

I know it depends on a lot of factors but post a range(ex. 1 of 25-35/1 of 35-50 etc).

Thanks.

5% is my rule of thumb for a response.

Always have a price, 33%-50% of them will then be interested and take negotiations further.

 

[Edward Smeu]

So you include a price in the first e-mail? Is that better than to ask for offer and take it further?

Something between should be most efficient probably.

 

[Rich]

So you include a price in the first e-mail? Is that better than to ask for offer and take it further?

Something between should be most efficient probably.

The only time I will try and get them to make the first offer is if they contact me first. I myself set prices on e-mails sent out, otherwise your just wasting each others time...I usually receive 1 or 2 responses out of 10 e-mails, with half interested in the domain, and the other half just e-mailing back to say 'no thank you'.

 

[spikedo]

Here's my tips:
* Keep your initial e-mail short and to the point. Do not specify a price. Just ask them to let you know if they are interested in the domain.
* Send emails to 20-30 potential end-users. I find that I get 1 response per 10 e-mails. Anything more means you got a hot domain!
* Not specifiying a price means that the end-user must e-mail you to say they are interested. Now, you have a name and maybe even some contact info from the signature like telephone number and position.
* Specify a price in your reply. Add a few benefits as to why they should buy the domain.
* Doublecheck your asking price with prices of similar domains at BuyDomains.com. Check recent sales for similar domains at NameBio or DnSalesPrice.com.
* Let your response perk for a few days then send a reminder e-mail.
* If they reply within 24 hours, it's a good sign they will buy.
* If they don't reply after a week, they probably wrote you off.
* Send e-mails out Tuesday and Wednesday mornings.
* Sometimes people forget and then out of the blue six months later you get an e-mail from them. Those types buy very quickly.

I'll edit this post if I remember some more tips. Best of luck.

 

[Pound]

So you include a price in the first e-mail? Is that better than to ask for offer and take it further?

Something between should be most efficient probably.

No price in the initial email.

Depending on who they are, and how they respond, always give a price.

The only reply you'll ever get is "how much?", hence why you don't put a price in the first email.

 

[infmoney]

Hey guys. Time to start this thread up again. I just got a call from an enduser and I feel like I couldn't give enough reasons as to why my name would benefit his company.

It's a .com with 140 exact searches/month and $7 cpc. The name is tour/travel related. Any help would be appreciated. Thanks.

 

[hopkism]

My best of luck has been registering geo related domain names for local business interests. I do not infringe upon their names. I simply register .net, .org, and .info of locally related (300,000 population) and surrounding areas. I even reg some places (towns and townships) with less than 1,000 cause some people love having the name of their hometown as a domain name. It's not getting rich but I do make some money on the mark up. I list on eBay or Craigslist for these sales. It's the easiest way to get offer not be aggressive with end users.

 

[Sparhawke]

Hey guys. Time to start this thread up again. I just got a call from an enduser and I feel like I couldn't give enough reasons as to why my name would benefit his company.

It's a .com with 140 exact searches/month and $7 cpc. The name is tour/travel related. Any help would be appreciated. Thanks.

This thread died for a reason, it simply was not relevant anymore...which is why I asked it to be unstikied, most of the later posts were pure spam and had nothing interesting to say.

Some people just do not see the benefit to having a domain and no matter what you do to try to convince them will help, sometimes it is better simply to sell to their competition and let them ponder their mistake for a while.

Unless it is a small town I would just forget it, in a large city unless it is a very specialist area and/or huge market a single buyer is not really worth any time at all.

 

[domainerdon]

An important decision up front is whether you want to sell y our domain wholesale or retail. The timeframe is also important. If you want a quick sale, or if you are desperate for cash, that price is significantly less than if you can hold the name and sell to a buyer when the time is right. Some people hate the idea of paying 15-20% to a broker, but sometimes that's the price to get the name out to the potential buyers.

 

[Sparhawke]

dislike

I am quite unsure why you "dislike" this post specifically, you are a very new member with little standing (in the grand scheme of things until later when you may rise with both forum reputation and trader ranking) with very few posts, obviously you do not have a clue what the topic has become.

In the beginning it was obviously wonderful with many helpful posts flying here and there, in the last few though it has become nothing but a cesspool of spam, with nothing new added but congratulary posts dotted here and there and an absolute nightmare to navigate for anyone...and an impossible place to find anything helpful.

Feel free to remake a new topic that is relevant in 2012 with ideas that work now rather than 8 years ago...but I rather doubt you have the staying power to fully keep it up to date

I made a suggestion that the topic be retired from "stickied" status and it was backed up by the agreement of a moderator, and also presumably by an admin who could've overturned it in an instant...I am sure they will have little objection to it being carried on in its present form, but for it to be a sticky is asking a little too much with what it has become since the early days.

I have been a moderator of a lot of forums from probably before you were born, and an administrator (having risen through the ranks of "new member" to "normal member" to "distinguished member" to "forum moderator" and beyond of forums consisting of hundreds of thousands of members when only few get such high honours) of quite a few too, and there is a point when you have to decide that enough is enough of a topic that has gone past its sell-by date and put it out to pasture.

Now, do not think I am dismissing your post out of hand without consideration, but surely you have more than ONE WORD to argue the point that the sticky status should remain???!

 

[krx]

My impression was that the thread died because of two converging trends: one, the most successful contributors, at least those willing to share their insights/strategies - Federer, JoshuaPz, etc - moved on to new pursuits. And two, the recession drastically limited the pool of endusers willing to part with their cash. It also takes an unusually generous spirit to share the secrets of your success with others who will then use those same secrets to compete with you for enduser sales. I may be wrong but I suspect there are more than a few domainers employing the tools and tricks they learned here to sell names even in this tough economy - they're just not talking about it.

I don't care if it is stickied but imho this is still a valuable thread. Although I would also welcome hearing new approaches for 2012, either here or in a new thread.

 

[noonoo1]

I sent out 10 emails ten days ago, I had 1 reply and sold the name for $ 5,$$$
Just waiting for sedo to complete.
Oh btw, it was a dot co

 

[Fork]

My impression was that the thread died because of two converging trends: one, the most successful contributors, at least those willing to share their insights/strategies - Federer, JoshuaPz, etc - moved on to new pursuits. And two, the recession drastically limited the pool of endusers willing to part with their cash. It also takes an unusually generous spirit to share the secrets of your success with others who will then use those same secrets to compete with you for enduser sales. I may be wrong but I suspect there are more than a few domainers employing the tools and tricks they learned here to sell names even in this tough economy - they're just not talking about it.

I don't care if it is stickied but imho this is still a valuable thread. Although I would also welcome hearing new approaches for 2012, either here or in a new thread.

There's also only so many times you can explain the same sales strategies. :imho:

 

[fm1234]

posted by Fork:

There's also only so many times you can explain the same sales strategies.

Ding ding ding ding ding.

I noticed a serious uptick in the number of prospects grousing at me about all the crap domains for which they were receiving e-mails, which sort of suggested to me that I should stop publicly telling people to do it, do it, do it -- since few if any were listening to my caveats about quality.

2011 was not as good a year for me in end user sales as 2010 was, but I worked at it substantially less -- I have culled my portfolio down to fewer than 500 names at this point, and most of them are earmarked for development. Just don't really have the saleable inventory I did in '09, and haven't been buying. I barely picked up a dozen names in 2011, and none of them were for resale.


Frank

 

[000]

What's the average ratio for replies per sent emails you have in general?

I know it depends on a lot of factors but post a range(ex. 1 of 25-35/1 of 35-50 etc).

Thanks.

This morning I sent out 45 emails (using JoshuaPZ's template) and have had 5 responses (so far).

3 were "Not interested"
1 asked "How much?"

And then I got this lovely response from another:

that's cute "below market value".

not sure if you looked out the window and saw the economy but below market value might actually be less than the original amount of the domain cost. i offer $5 for it. the problem with your domain is that it just points to your beautiful domain whoring service.

so in essence it's your business to buy a lot of domains and re-sell them to individuals already struggling to start new ventures. too bad im already doing very well so have the time to give you some advice.

you can contact all the people you want moron, if you get more than $100 then you're a genius, but also a scammer. im not sure how you feel like youre doing good in the world or feel accomplished.

you are a scummy domain broker. you are going to hell like telemarketers, im just letting you know.

Made for a good mid-morning chuckle! :bah:

Now if you'll excuse me it's time to go pimp some more domains!

 

[lennco]

This morning I sent out 45 emails (using JoshuaPZ's template) and have had 5 responses (so far).

3 were "Not interested"
1 asked "How much?"

And then I got this lovely response from another:



Made for a good mid-morning chuckle! :bah:

Now if you'll excuse me it's time to go pimp some more domains!

LOL...Write the a-hole back and let him know that someone just bought Dolphin.co (yes .co) for $48,000 so the economy must be getting better

 

[000]

LOL...Write the a-hole back and let him know that someone just bought Dolphin.co (yes .co) for $48,000 so the economy must be getting better

Nah, not worth it... unless I wind up so desperate as to try and sell for $5. Another person inquired about a price for the same name already anyways which is a good sign.

50 more emails sent out in the last hour.

 

[SK1990]

These questions may have been answered, I admit I did not read all 89 pages of this thread.

I have found a potential end user and got the contact info for the Senior marketing manager. I'm assuming this would be the correct position to send these type of inquiries to?

Also, is it ok to address the the email recipient by their first name alone? or should one address them as Mr or Mrs XXXXX? In my opinion first name basis makes the email more personal but I'm curious how others feel about this.

Thanks :D

 

[fm1234]

Generally, Mr./Ms./Mrs. is preferable for business purposes. That said, once you have singled out a particular individual for communication, leverage social media if you can -- look the individual up on LinkedIn, see if you can find a Twitter stream, Facebook profile, etc. It's never been easier to find "affinity points" on which to build a connection with an individual, and even if they don't help with an initial sales pitch, they make subsequent approaches much softer.


Frank

 

[000]

Keep sending out those emails! I've had some interest this week and have three small (low $xxx) sales pending.

Interesting note, make of it what you will: All three sales have come when I included a price in the first email. Again, these aren't big sales (great ROI regardless), but if you're only expecting low $xxx for a name it might be worth including a price! Otherwise people might assume you're another of those greedy domainers wanting half a million dollars for every one of their domains.

One of the buyers responded 8 minutes after my initial email this morning saying that he wanted it for my asking price. One hour later, the domain is in his possession (if I'm comfortable with the buyer I often push the domain as soon as I have their details) and forwarding to his site. Fixed prices sometimes make ya wonder if you could've bargained for more, but I'll take a 22000% ROI any day! :sold: The buyer's happy too which is always a plus. UPDATE: The domain was sold to a radio show duo, and they're already proudly announcing their new domain on air and on their FB page. My domain definitely passed the ole "radio test" better than their old one!

All transactions in life should be this straightforward.
Again, thanks for contacting me.

It's good to hear positive feedback instead of the usual "you are the scum of the earth" for once LOL

 

[Edward Smeu]

Lately I've been using Yellow Pages for finding potential end-users with nice results!

 

[12345]

Keep sending out those emails! I've had some interest this week and have three small (low $xxx) sales pending.

Interesting note, make of it what you will: All three sales have come when I included a price in the first email. Again, these aren't big sales (great ROI regardless), but if you're only expecting low $xxx for a name it might be worth including a price! Otherwise people might assume you're another of those greedy domainers wanting half a million dollars for every one of their domains.

Yeah, I have been thinking of doing that, and now I will