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“I don’t buy from domainers on principle”

Labeled as discuss in General Domain Discussion started by equity78, Jun 10, 2019.

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  1. equity78

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

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    To buy, or not to buy, that is the question. So the headline here comes from an email a reader sent me about an exchange they had with an end user. The reader sent a targeted email to just one person, asking them if they would be interested in the domain name they had for sale. The prospect replied, "Sorry Robert, I don't buy from domainers on principle." David. When they asked me what I … [Read more...]
     
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  2. Mister Funsky

    Mister Funsky Top Member VIP

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    From the article "So do you avoid buying domains from domainers?"

    I will buy a name from any seller (as long as an escrow service is used for larger amounts) whether a domainer or not. As long as I can turn a 25% (or more) on a quick turn, lets make a deal!
     
  3. MS-Domains

    MS-Domains Top Member VIP

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    TheDomains publishes some of the nicest & most interesting articles/content in the industry, imo..

    They are all domainers, Godaddy, Snapnames etc.. are full of individual domainers, members of this forum & active bidders elsewhere.

    Sure, they can claim they don't buy from domainers, but they do actually, all the time..

    When domaining makes you a millionaire or at least financially comfortable , its easy to say such things.
     
  4. .X.

    .X. NameFeature.com Gold Account VIP ★★★★★★★★★★

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    I think it’s a psychological thing for end users, kind of like us buying a car from a small mom and pop dealership, we know the mom and pop dealership are buying their cars from individuals or auctions and marking them up substantially, so we will avoid buying a car from them.

    The end user knows a domainer is doing the same type of thing and I think it disturbs them in the process of purchasing a domain name.

    It’s to be expected IMO, however when I sell a name to an end user I am as transparent to them as possible, they still know I am hoarding domain names to sell them so to speak.
     
    Last edited: Jun 10, 2019
  5. equity78

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

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    Thank you
     
  6. Internet.Domains

    Internet.Domains Top Member VIP

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    Why limit business potential by judging and labeling prospects as "domainers?"

    Seems foolish for someone to feel they are above "domainers", especially when they are one.

    Interestingly, the subject of that article has since introduced a market place where he does buy from "domainers."

    My how things change.
     
  7. MapleDots

    MapleDots Domain Properties 2010 - 2019 VIP

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    I have no high horse to sit on...

    I decide each business deal on its own merits regardless of who owns the domain.
     
  8. equity78

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

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    True and good point which I was going to say at the end, Frank is now looking to buy from domainers. It was not just about domainers, the headline did come from an end user prospect that a reader sent.
     
  9. artstar

    artstar Top Member VIP

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    well what were these people b4 they were self named domain gurus? hmm maybe a DOMAINER? get over yourself buddy! c what $ does to some people?? especially ez $$!! domaining aint exactly brain surgery and anyone with the foresite and a dictionary could make decent $ in the day they were available to hand reg and buy cheap, what a self entitled git
     
  10. Keith

    Keith Top Member VIP ★★★★★★★★★★

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    I love to buy from domainers. They understand the business and are more likely to just sell for a small profit.

    Now, what I don’t do - SELL to domainers. They always want rock bottom prices which I don’t do!
     
  11. xynames

    xynames XYNames.com PRO VIP

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    The focus of the article (or at least the quote
    “I don’t buy from domainers on principle”)
    was about an end user not wanting to buy from a domainer. The headline was not directly about another domainer refusing to buy from a domainer, although the article did go on to discuss some past discussions about why Frank Schilling (in 2007) didn’t like to buy from other domainers.

    I liken it say - to a used car buyer who prefers to find a better deal from a private party versus buying from the dealer. I say better because yes it is true in general that a dealer will sell a used car for more than a private party.

    However in the case of the used car it would really have to be a very principled (stubborn?) buyer who categorically refused all used car deals from a dealer. After all there are some instances where a dealer might give just as good a deal as a private party. Or instances where the vehicle sought at the dealer just happens to be better quality or closer to what the buyer wants than what is available from a private party.

    As far as this article I think we’re dealing with an anomaly - an end user who claims that he will never buy from a domainer. Maybe such an end user really wouldn’t buy from a domainer maybe he was just saying that to get a reaction or lowered price out of the seller maybe the domainer had somehow rubbed him the wrong way. Certainly there are ways to make it clear to an end user that you are in the business without making him feel like you’re trying to get top dollar, which maybe some such impression - that the domainer was asking more than a non-domainer would have been asking for the domain - led the end user to make that categorical comment.
     
    Last edited: Jun 10, 2019
  12. equity78

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

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    No I wrote the article there were several references and three were domainers not wanting to buy from other domainers. And to be fair I stopped at three could have added more domainers who have shared that sentiment.

    For example:

    While talking about the email from the reader with a good friend in the business, he laughed and said when he was at NamesCon a very prominent domainer told him he did not buy from domainers while they were having a drink. Yet later on in that conversation as it had shifted, he brought up this domainer again, mentioning that the domainer emailed him some names he had for sale. I said you schmuck you had the perfect reply, “Sorry I don’t buy domain names from domainers.” He laughed and said, “Oh crap, that would have been the perfect reply.”

    And I received a text within 5 minutes of the article being published from him, saying thank you for not naming names.
     
    Last edited: Jun 10, 2019
  13. Keith

    Keith Top Member VIP ★★★★★★★★★★

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    An end user will buy from anyone. The goal in this case is to do what it takes to acquire the url that advances the business. If an end user says otherwise, they are not an end user.
     
  14. Grego85

    Grego85 Quality.Domains VIP

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    I've often wondered about this phenomena as it exists right here on NP. You see halfway decent names being passed up and failing to sell for $15 and then go into the snap of the day thread and see people bragging about throwing away $79+ on garbage domains.

    I've also started doing a lot of out-bounds lately to sell some of my inventory and I've also started offering drop catching services via outbound as well for names not quite good enough for my portfolio. I get WAY more responses to my outbound emails offering the drop catch service than I do when I'm trying to sell my own names. The email template is almost exactly the same and the names are of lesser quality, it makes no sense.

    The only answer I can come up with is people like to feel like its their catch or their good idea. They have to come up with the idea or they have to discover that gem hiding in the pile of crap. If their brain doesn't get credit for it, they don't want it. But I dunno.
     
  15. artstar

    artstar Top Member VIP

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    \but if u read further down it says he approached a guy in THE BUSINESS who must be a domainer and he said he doesnt buy from domainers. btw if u buy a car from a dealer the chances r the car is not misrepresented as much as a private seller may do.
     
  16. equity78

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

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    Keith I can tell you I have experienced what the reader sent in, in the industry I came from Wall Street. The name was desired but my contact who I knew for years said we will not buy from squatters it's our policy. They very much liked the name, this was 15 years ago.
     
  17. equity78

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

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    Exactly people love to give GoDaddy money, but not another domainer. A few years ago ran as best of an experiment as we could, expired 4L.coms at $1,000 with 3 days left, renewed and immediately put up as a public auction, most came in at a max of $300, a couple $500. Expiry vs public is another way of saying I won't buy from another domainer, now to be fair Frank brought up some good reasons why some might want to do that.
     
    Last edited: Jun 10, 2019
  18. xynames

    xynames XYNames.com PRO VIP

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    Lol people started commenting on my post before it was finished. Here it is in final form

     
  19. Keith

    Keith Top Member VIP ★★★★★★★★★★

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    They are not endusers, they’re opportunists.
     
  20. equity78

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

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    They were an established brokerage firm for 80 years, they were an end user.
     
  21. artstar

    artstar Top Member VIP

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    sell to domainers get lowbal
    yes the opportunistic corporate no brain self entitled gits who want it all for nothing while they get richer off you the common surf. its been like this from day 1 in all aspects of life as u well know
     
  22. artstar

    artstar Top Member VIP

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    yea well that explains it even more!!
     
  23. Grego85

    Grego85 Quality.Domains VIP

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    Another reason I just thought of is that maybe its the old "people want what they cant have" mentality. You find a name that is dropping or at auction and it isn't for certain that you will be able to win the name. That makes you want it even more. When you know for sure you can get a name for x price then the allure is lost.

    And then, yeah, some people just don't like domainers. I cant say I even blame people for hating domainers when you see these threads where a domainer finds out a potential buyer is from a large company and so they plan on jacking the price WAY up. Things like that give us all a bad name.
     
    Last edited: Jun 11, 2019
  24. Keith

    Keith Top Member VIP ★★★★★★★★★★

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    Who cares? You pay the market value or move on. It’s the same rule if your budget is $1 or $10 million. 80 years is meaningless in this biz.
     
  25. equity78

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

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    No one asked you to care, you said they weren't an end user, they were a proper end user. My main point was refuting your quote of "An end user will buy from anyone" I have dealt with people who have proved that statement false. While I don't agree with their attitude, it does exist for some.
     

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