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I am deleting 10 of my domains because I can't making it to sell and also can't waste further more

Labeled as opinion in General Domain Discussion, started by Theanshusingh, Feb 24, 2020

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  1. Theanshusingh

    Theanshusingh Established Member

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    I tried to sell some of my domains on namepros... previously I got some offer but not agreed....But, recently I don't get any response on my domain.. I think everyone here is looking for flipping names...You can't find end users here... that's the main reason or may be something else....
    But, finally I have decided to get rid of this burden and get out of domaining...I think it's none of my business...I am deleting all of my domain names as most of them are going to expire soon and I can't waste further more money on these things..
    Good luck to everyone...
     
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  2. equity78

    equity78 Top Member TheDomains Staff TLDInvestors.com PRO VIP ★★★★★★★★★★

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    No this is not a place for end users. Most domainers are not going to pay you end user or "retail" pricing.
     
  3. tasaki25

    tasaki25 Restricted (Market)

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    I can’t understand this. What it means reseller ? Why I must care if someone is reseller or not? I mean....I sell one domain and I keep a listing. Many possible buyers mention that they want a reseller price. Should a domain owner worry if someone is reseller ? In my opinion this is unnecessary information.
    Just say your offer and everything else is really unnecessary, if we deal do whatever you want. Sell it, eat it, develop it....
    I think that many domain owners when read “give me a reseller price” start to react negatively. I personally sometimes want to sell low but when I see this is a reason to cancel the deal.
    And for the friend that want to quit, I think that you should do what your mind and your pocket say.
    Nobody sell easily. And think something. You bought your domains, I am sure that there are people that could buy from you. It needs some time and good marketing.
    “I want a reseller price” is just a trick to lose your domain with loss. Nothing else.
    Everyone is a reseller.... ;) everything else are just stories.
     
    Last edited: Feb 25, 2020
  4. bmugford

    bmugford www.DataCube.com PRO VIP ICA Member ★★★★★★★★★★

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    I don't care if someone is a re-seller or end user as long as they are willing to pay my asking price.
    However, generally my asking prices would only be justified by an end user.

    Brad
     
  5. tasaki25

    tasaki25 Restricted (Market)

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    I don’t care also, but it is a little “oxymoron” to use this phrase at the moment that everyone here is a reseller.
     
  6. bmugford

    bmugford www.DataCube.com PRO VIP ICA Member ★★★★★★★★★★

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    You can use whatever phrase you want. Use "investor" if you prefer.

    It just means you are not going to pay top retail price for a domain. There needs to be room to make a profit.

    It is like going to a pawn shop. They are not paying retail price as there is no room to make money.

    Brad
     
    Last edited: Feb 25, 2020
  7. tasaki25

    tasaki25 Restricted (Market)

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    I don’t agree 100% but it’s ok. This can be a huge discussion with many different opinions. In any case, good luck for the friend that decided to quit. I hope that he will double think.
     
  8. sbweb

    sbweb Top Contributor VIP ★★★★★★★★★★

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    At the end of the day, it doesn't matter who the buyer is as long as you get the price you want.

    But the main differences between an end-user and reseller are: intent and pricing

    End-users buy the domain for their own use and are typically not involved in the domaining business. Because of this, we as domainers, assume we can extract a higher price from the buyer.

    Resellers are typically individuals who do not buy the domain for their own business, but buy domains solely for the purpose of reselling for a profit. The reason why people stress reseller pricing here is because the lower the purchase price, the more room there is to make a profit.
     
    Last edited: Feb 25, 2020
  9. equity78

    equity78 Top Member TheDomains Staff TLDInvestors.com PRO VIP ★★★★★★★★★★

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    Exactly.

    Perhaps to make it easier for people that don't understand we should use wholesaler and retail. Domainers tend to own names in bulk to sell them, of course there is a difference in a wholesaler in domaining is not buying the same "item" in bulk.
    [​IMG]
    Image source
     
  10. equity78

    equity78 Top Member TheDomains Staff TLDInvestors.com PRO VIP ★★★★★★★★★★

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    The bottom line is people here 99 out of 100 times are not looking to pay "you" your "price"
     
  11. Spex

    Spex Established Member

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    That's pretty much it.

    We're a community of domainers (amateurs, collectors, investors) so of course you won't move names unless they have a low price

    To find end users, you have to list on marketplaces (Afternic, Sedo, etc), let them find you or go out and find them
     
  12. Matt Morgan

    Matt Morgan Established Member

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    This forum is mainly full of investors/resellers, and wouldn't really be a place to be expected to find an end user, but then again you might be lucky as there are people looking for brandable names. But don't expect it.

    As others have said if you get your asking price for your domain then you should be content with that regardless of who buys it.
     
  13. Ategy

    Ategy NameCult.com VIP Gold Account

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    I think your original post shows that unfortunately you don't really have any understanding of how domaining works, and unfortunately the domains you had/have likely weren't worth much/anything and/or didn't have many/any potential users.

    Obviously the last place any domainer would want to sell any of their domains is here at NamePros. You'll only get wholesale pricing here if you're lucky.


    That being said .. instead of deleting your domains, put them in a batch auction here at NamePros with a starting bid of $1. At least you'll get something back .. otherwise at least you'll know for sure that you simply bought very bad domains and that unfortunately domaining probably isn't for you.


    Good luck with whatever you choose to do.
     
  14. NameDeck

    NameDeck Who's afraid of red ... VIP

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    He tried. And defaulted selling the same names on multiple occasions. Good riddance.
     
  15. Matt Morgan

    Matt Morgan Established Member

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    Carry on rather than give up!

    For many domainers it took years to actually see a return/ profit from their initial investments. They tried many domain strategies, some worked some didn't and then eventually they made their first sales.

    Their first sale turned into their second sale, and then third etc.

    My point is sometimes you gotta keep at it, following the advise from this forum. Perhaps you need to tweak your strategy?
     
  16. NameFit

    NameFit NameFit.com - Right Name, Right Price Gold Account

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    If the domains are of quality, and if only one domain was ever sold at end user pricing, it pays for about 200 domains at minimum, and here we are talking about only 10 domains, something does not add up.
     
  17. stub

    stub DNStore.com PRO VIP ★★★★★★★★★★

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    I'm a potential end-user for domain related domains :)
     
  18. lock

    lock BACKLINKRZ.COM VIP

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    I been domaining for 20 year and I am always deleting domains I joined the forum originally to offload the ones I drop but after seeing wanted section I have stuck to just buying or bidding here. I will delete same amount this month and not raise an eyebrow.
     
  19. Ategy

    Ategy NameCult.com VIP Gold Account

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    Unfortunately I cannot completely agree with that advice. Yes definitely there are a handful of domains who get past the first wave of bad investment decisions and learn to get much better domains. However .. the simple truth is that the silent majority of new domainers never succeed in making a longer term profit (or even breaking even). The unfortunate fact of the matter is that for a lot of people, they simply don't have the language and/or marketing instincts needed to choose domains that will lead to an overall long-term profitable portfolio.

    I'd say that if someone doesn't even know the wholesale value of their domains that they renege on an sale and/or auction commitments, then that's probably a further indication that they don't understand the true value of their domains enough to be a profitable domainer.
    (Interesting that the member doesn't have any negative trade reviews .. if someone reneged on a commitment to you, you should protect others by writing a negative review)

    First thing is a person (not even a domainer) is you should ALWAYS honour your obligations and commitments.

    Secondly .. if you're having a hard time domaining, then you should stop buying domains and either quit .. or hopefully .. just continue to read read read and learn learn learn. There is a significant learning curve when it comes to domaining. So there certainly is always hope .. but people need to be both committed and smart enough to learn and understand all the fundamental concept of (1) Domaining, (2) Language (mainly English for the most valuable domains) and (3) Marketing/Branding.


    I'm guessing that was for me .. lol .. because I work so hard at getting my own portfolio as cheaply as possible I always feel a bit guilty giving "end-user" prices to fellow domainers .. probably best I just give you an unpriced list of domains for now .. I'll try to get you the list before I head out to work later today! ;)
     
    Last edited: Feb 26, 2020
  20. stub

    stub DNStore.com PRO VIP ★★★★★★★★★★

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    Actually, I wasn't thinking about you when I posted that. But I'm happy that it may have pushed you into action :)
     
  21. Silentptnr

    Silentptnr Top Contributor VIP

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    If the op quits crypto currency too, I claim it first! :)
     
  22. maksimfa

    maksimfa Top Contributor VIP Trusted Contest Holder

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    I am here mostly as an End user for certain niches and as an investor and a broker for other names.
    What I can tell you is that more than 50% of the people who respond to my WTB posts are either dilusional as far as pricing or what an end user actually wants.

    The worst is non-native English speakers selling domain names that obviously don't make sense or would not be viable in those particular niches.

    Are there people stupid enough to pay any asking price? Sure... but generally that is not what you are going to find here OR with anyone knowledgeable about domain names.

    For OP... give up or don't, but if you want to make something of it... FIND A NICHE, learn all you can about it and dominate it... don't handreg a bunch of names that you think make sense but actually don't.

    While you may find a business owner out there willing to pay $500 for something you hand regged for $8..., you are not going to be successful doing that here.
     
  23. NameFit

    NameFit NameFit.com - Right Name, Right Price Gold Account

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    Firstly, it would be much better if OP posts the domains they have - then people can tell whether they are of any value. Without that, we are just talking about something that we do not know anything about and is based on only one person's belief. Secondly, the person who sells to end users never goes out of business (theoretically).
     
  24. Pay.My.id

    Pay.My.id Established Member

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    You would try another aproach or change your aproach when offer domain. There are many strategy on selling domain name, NP is one of source to learn from other, learning before doing is another secret to open new opportunity in your goal . Some of domainers need day by day or years by years before they could make a million money via domaining...
     
  25. Bob Hawkes

    Bob Hawkes formerly MetBob NameTalent VIP Gold Account Trusted Blogger

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    I think that @equity78 suggestion that it might be clearer to use terms wholesale and retail pricing.

    I am sorry that domaining has not worked for you @Theanshusingh, but admire your decision to reflect on what you have tried and made the decision to get out. Domain investing is not fast, easy or assured, and at some point it is the right question to ask whether it is right for each of our personal circumstances.

    While some domain names do sell on NamePros, with a few rare exceptions, they are at wholesale prices. These need to be much lower than retail, because the new owner is taking a chance that the name may not sell for many years or perhaps ever. Also, even at wholesale prices, it is challenging to sell even solid domain names near to renewal.

    I wish you the best going forward.

    Bob
     

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