debate How to make a 7-digits domain sale !

[Cyril.Best]

DPs,

I create this thread because I start to understand one big paradox of this industry.

Everyone has its own chapel and certitudes on everything whatever is domain name appraisal, dotcom vs ngtld, blablabla ... - why not ?

But the reality is that only few of you as already sold something for 7-digits in his/her life to a buyer - whatever it's a domain name or anything else.

The first time, I had this chance, I was 20 years old (a long time ago, I was very lucky because it was not just a domain - it was a full website, a marketplace, but I learned something for the rest of my business life :

What makes the price of a domain name is not the domain itself (whatever is the name or the extension) - it's the buyer - it's the business opportunity or the threat for the buyer !

All the rest : sales tactics, story, emotions .... are pure cosmetics and/or bullshit to go to the deal.

So, to answer the initial question : How to make a 7-digits domain sale ?

The right answer is : Don't chase after the perfect domain, chase after the perfect buyer !

and then bring the perfect domain to your buyer.

You will see - price will then be secondary at the end of the game.

Hope it helps.

All the .Best,

CF

 

[DOMAIN ILLUMINATI]

You are right. In my opinion, left side of the dot should be the business name and right side of the dot is type of business.

For example:
CompanyName.COM --> it's Commercial.
CompanyName.ORG --> ORG
CompanyName.AI --> AI company
CompanyName.TECH --> tech company
CompanyName.VIDEO --> video site
CompanyName.Shop --> ecom online shop
CompanyName.APP --> app landing page
CompanyName.BEST --> best content site

IMO leftside + rightside (of dot) together need not sound grammatically correct. Because people already aware of the same in .COM, .ORG, .XYZ etc

Sure, I fully agree on that.

The TLD (top level domain) works symbolically as a "label", "stamp", "checkmark" for the name / SLD (second level domain), thats why it is the TLD - that dominates the SLD (and all possible XLDs).

And therefore, as you wrote, the left side (of the dot) and the right side (of the dot) do not necessarily have to complement each other linguistically / grammaticallyyy

But of course, if they do - then it makes a domain name even more valuableee

Example:

The domain names

highest.name
highest.bid
highest.sale

are indeed more valuable than the domain names

highestname.top
highestbid.top
highestsale.top

and of course more valuable than the domain names

highestname.com / .net / .org / .biz / ... / .xyz
highestbid.com / .net / .org / .biz / ... / .xyz
highestsale.com / .net / .org / .biz / ... / .xyz

because they (the first list) are a "perfect" symbiosis of "left.right", they are "pure", without any "redundant" word.

PS
You forgot to write
companyname.top --> It's top.
at the top of your list.

 

[otismo]

Thank You !

Great Advice :

So, to answer the initial question : How to make a 7-digits domain sale ?

The right answer is : Don't chase after the perfect domain, chase after the perfect buyer !

 

[xynames]

Or, claim to have sold domains for millions before anything in fact has been sold.

 

[Eric Lyon]

There seems to be lots of .best and other new gTLD discussion here.

A few of the NP Insiders evaluated a .best domain asset the other day and the results were interesting.

Extension:
Like with all new gTLD extensions out there today, .best extension is no different in identifying the obvious value first. One can not prove the best new gTLD with a few evaluations on individual domain assets. Each one is different. You can't compare The.Best to Blogger.Best, just like you can't compare Up.Top to Blogger.Top.

We also can't cross pollinate and compare The.Best to The.Top with much accuracy, because both have slightly different target markets and audiences in different industries due to the word/phrase/combination.

The .best extension has it's combination premiums just like any other extension. However, not all new gTLD's are created equal and their premiums are sometimes limited by the number of cohesive and grammar friendly combinations that can be made.

A curve-ball domain is one that is not grammatically correct and does not play well with the extension chosen. The biggest issue with curve-ball domains is that the reseller is the pitcher and the curve of the ball makes it harder for a potential end-user to hit a home run when your pitch reaches their plate...

Source - VIP/Gold Only

 

[Dandelion]

Both are important - perfect domain and perfect buyer. So, chase both!

 

[bmugford]

Did this sale ever complete?

I didn't notice any million dollar .best sales on NameBio.

Brad