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

 

[Cyril.Best]

yeah... as far as I go, the only thing this guy has accomplished here today with his posts is made me decide to never buy .best.

ignored indeed.

cheers.

Your choice. I respect.

What this guy has accomplished : put 3 companies in stock exchanges, managing 50k domains/websites before the .best acquisition, acquired the .best with our own money without any financials, sold for $M of premium .Best domain names already, go from 2k to 10k .Best domain names in just 6 months, protecting brands through brands.best for major corp companies, launching THE.Best social network = biggest innovation at scale in the domain name industry ... so nothing

 

[alcy]

Let me ask my legal if we can do that and will show a copy of the engagement letter (without buyer name) of course

well... its your extension... you do what you want.. I am just saying we get on namepros X people per year saying they sold 1 milion dollar name without any proof or sales sites reports like namebio.. and it turns out to be a 100% failure ratio and bogus sales all the time. so I'm sure you understand where people here are coming from when they doubt what you say.

if you make such sales, then its your best publicity to make sure to post them on all sale sites.. and here... with proper proofs etc.

p.s. I hope we are on same page and when you say engagement letter it means domain is sold, transfered to buyer and you have his money.

 

[offthehandle]

How to make a 7-digits domain sale ?

Buy or broker a one word .Com. Period. The end.

 

[Cyril.Best]

I find you irritating. .BEST is a crap extension with maybe a few good sales. Good luck with future endeavors.
Ignored.

I respect. You have all rights to not love the .Best.

All the .best for your business.

 

[golan]

I give you also the point/trick that when you connect a buyer in the hotel industry with hotels.best : it helps - a lot

We don't welcome and don't respect at this forum people trying to edify others without trace of proof of being successful in what they are preaching about.

 

[Cyril.Best]

We don't welcome and don't respect at this forum people trying to edify others without trace of proof of being successful in what they are preaching about.

I totally understand and we will.

I am working with our legal to produce an extract of the engagement letter we received by tomorow.

Does it means that after producing the letter, I can do the same with you guys : don't respect people ?

I don't ask for anything but respect is the minimum.

 

[alcy]

I totally understand and we will.

I am working with our legal to produce an extract of the engagement letter we received by tomorow.

Does it means that after producing the letter, I can do the same with you guys : don't respect people ?

I don't ask for anything but respect is the minimum.

its for you and for yoru extension that you provide proofs and do all this talking here.. cause you want it to sell and do well... you don't do it for others but for you... its obvious that if your extension manages big sales.. for millions then people might start taking it seriously and maybe buy some.

I don't really think you are helping yourself by trying to come up now with some schemes of revenge at this point, and your ponderings about how to disrespect people here after you provide proof... or asking if you can engage in disrespecting everyone here after you provide proof.

i think you should just do what you shoudl have done before you posted your first post here.. which is provide complete proof of your sales. no one here disrespected you. they just said they do not believe you. cheers.

 

[Cyril.Best]

its for you and for yoru extension that you provide proofs and do all this talking here.. cause you want it to sell and do well... you don't do it for others but for you... its obvious that if your extension manages big sales.. for millions then people might start taking it seriously and maybe buy some.

I don't really think you are helping yourself by trying to come up now with some schemes of revenge at this point, and your ponderings about how to disrespect people here after you provide proof... or asking if you can engage in disrespecting everyone here after you provide proof.

i think you should just do what you shoudl have done before you posted your first post here.. which is provide complete proof of your sales. no one here disrespected you. they just said they do not believe you. cheers.

@alcy - insulting me as of "cyril the slimmy salesman" in all threads is an insult and a lack of respect. Sorry. It's not from you but many of you that don't know anything about me, the .best or THE.Best social network thought it was easier to insult us before asking anything.

Don't worry I am respecttfull and will stay. but I don't and will not let anybody insulting me.

 

[alcy]

well.. namecalling is a waste of time.. so best not go there.

its good for everyone when names sell for millions.

sadly, not all people are honest about their sales.

and since like you say we do not know you and you do not know us.. and nobody really knows anybody... so we should all just show each other some proofs... and be merrily on our ways.. to the next million dollar sale

well I hope you will try to get your stuff on namebio...

gl

 

[dirk]

Like I Said - we received a formal engagement letter from the buyer.

And it is for the couple domain hotels.best+hotel.best

hotels.com was sold for $11M so we still think that there is a huge gap between $1M and $11M.

I know these are exciting times for you. I'm in the same boat.

I just worked out the final details after getting a formal engagement for 500K. All that's left is getting an appraisal from some random company in JP. It is a .mobi domain by the way. best.mobi.

 

[000]

I don't and will not let anybody insulting me.

Ha, good luck with that!

Free speech is a beautiful thing!

p.s.

slim·y
/ˈslīmē/
adjective

covered by or having the feel or consistency of slime.

Why are you assuming it was an insult? Some people LOVE slime. Mmmmmm. Yummy.

 

[dirk]

Free speech is a beautiful thing!

I get the sentiment but in my mind USA doesn't necessarily mean free speech. I doubt they're even ranking in the top 10 worldwide. But you know... I'm just a crazy European

 

[D Haynes]

Ha, good luck with that!

Free speech is a beautiful thing!

p.s.

slim·y
/ˈslīmē/
adjective

covered by or having the feel or consistency of slime.

Why are you assuming it was an insult? Some people LOVE slime. Mmmmmm. Yummy.

I get the sentiment but in my mind USA doesn't necessarily mean free speech. I doubt they're even ranking in the top 10 worldwide. But you know... I'm just a crazy European

Free speech is a myth but that's another conversation for another day

 

[BaileyUK]

This reminds me of those threads.

Somebody has requested a price for XXXX domain. I've quoted 1 million dollars. How long should it take to receive payment ??

 

[000]

Ok ok let me re-phrase:

Freedom to call a slimy salesman a slimy salesman is a beautiful thing!

Or is it slimmy salesman..... I forget

 

[Axc]

Title is misleading.Offers are not sales.No offense

 

[DOMAIN ILLUMINATI]

Hotels.best is worth reg fee. Maybe. [...]

[...] it's not often we see regfee domains sell for one million. [...]

[...] .BEST is a crap extension with maybe a few good sales. [...]

These posts are just another proof of how easy one can see that nearly every not - .com - TLD (except ccTLDs and a few others) gets (in/directly) attacked by .com - domainers as they are (logically) not happy about the fact that the focus does not lay on .com alone anymoreee

 

[indiegrind]

Mods should lock this thread.

 

[offthehandle]

https://www.youtube.com/watch?v=yokoxs0AkHg

Watch the namescon 2019 .best video speech, at the end stated: "We are not traders". Yet that is what this thread is all about.
https://onlinedomain.com/2018/07/22...best-sas-acquires-best-domain-name-extension/
https://onlinedomain.com/2018/07/22...best-sas-acquires-best-domain-name-extension/

 

[Tia Wood]

This is the best thread I've ever read.





Get it? :D