NameSilo

I have a bigger question

Located in General Domain Discussion, started by Magul, Jun 24, 2021

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  1. Magul

    Magul Top Contributor VIP ★★★★★★★★★★

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    Why corporate treasurers think Richard Schwartz's domains are gold and your domains are shit?

    This is I think what is happening.

    ireport.com $750,000.00
    LatestNews.com No reply

    etcetra
     
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  2. Magul

    Magul Top Contributor VIP ★★★★★★★★★★

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    Are you going to hush hush this?
     
  3. MasterOfMyDomains

    MasterOfMyDomains Top Contributor VIP ★★★★★★★★★★

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    Were all ears.
     
  4. AEProgram

    AEProgram Top Contributor VIP Blue Account

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    Very few major corporations will buy a domain just to buy it. They are not domain investors. They buy a name either to upgrade a current name or because they have a business idea for it.

    If they will buy a domain just because they like it, the chances of getting top dollar is very low. You are in the best position when they really NEED the domain.

    CNN purchased ireport because they had a project. You could email them about report .com or NewsReport .com and I doubt they will reply unless maybe if its priced real low.

    Domainers make the most money in inbound because someone feels they NEED the domain.

    A good example is with paintings. Imagine you need two paintings for your office to hang on the walls. Once you are happy with the paintings you got you will ignore emails trying to sell you paintings because you have no need for them and you are not a collector. Obviously if someone emails you something you really like and the price is really low, maybe you will buy it, just like you would buy a smartphone if the price is extremely low even if you have one already.

    Domaining is a waiting game. List the names, forget about them and go on with your life. If you find a good deal buy the name, but expect to wait for a long time for someone that happens to need your exact name AND has money.

    Look at the completed sales page and the 6-7 figure name sales on dnj/namebio. These owners waited a long time.
     
  5. Magul

    Magul Top Contributor VIP ★★★★★★★★★★

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    Did you eat today or you pretended like eating?

    Go eat white bread and reread the original post.
     
  6. Magul

    Magul Top Contributor VIP ★★★★★★★★★★

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    Domaining is not a waiting game. Don't believe this nonsense.
     
  7. TCK

    TCK NameOptions.com VIP Gold Account ★★★★★★★★★★

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    If you mean that you register a domain and do nothing else, you're right. It is a waiting game in the sense of who is more motivated, the seller or the buyer. It can be months between the initial offer and getting the price you are happy with. But it all depends on your pricing. There is pricing to move domains quickly and then there is premium pricing. There are many strategies to domain sales.
     
  8. Magul

    Magul Top Contributor VIP ★★★★★★★★★★

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  9. TCK

    TCK NameOptions.com VIP Gold Account ★★★★★★★★★★

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    Excellent question. The quick answer is hard work and reputation. To start, they have built a professional website for interested parties. They have built a network of qualified leads. They do it full time. They are dedicated. They sell high quality domains. Hope this answer helps.
     
  10. NUMDN

    NUMDN Restricted (Market) Blue Account

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    Definitely, LatestNews.com is a good name.
    But what you reply me back If I ask you, I have a property for sale at India, when you are looking for a property in US?

    You are looking for a property and I am asking about a property.
     
  11. Magul

    Magul Top Contributor VIP ★★★★★★★★★★

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    It looks to me that you fell for propaganda.
     
  12. bmugford

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

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    What is the point of this thread?

    Rick owns many quality domains and doesn't need to sell any.
    That is a good formula to make great sales.

    He is in a strong position when it comes to negotiation.

    He has been doing this for 25+ years.

    Brad
     
    Last edited: Jun 25, 2021
  13. TCK

    TCK NameOptions.com VIP Gold Account ★★★★★★★★★★

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    If I had Rick's vision when I started working online I would have a multi 7 digit portfolio today. His prior experience in sales has served him well. Today it is a game of margins in most cases. What Rick does well is that he mixes cash with partnerships. There are a number of options when it comes to high end domains. Your best position is where you don't need the money but any sales only adds to your retirement fund.
     
    Last edited: Jun 25, 2021
  14. TCK

    TCK NameOptions.com VIP Gold Account ★★★★★★★★★★

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    Many are trying to repeat the successes of the early domaining pioneers. Such as embracing crypto currency. What they fail to appreciate is that when the Internet and domains became commercially available the technology was 30 years since invention. Well established.
     
  15. Jason Baudendistel

    Jason Baudendistel CEO Wibbets Inc

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    I haven't sold as many as I would like either but I fail to see the benefit of ranting about conspiracies. However do whatever makes you happy. Free country.
     
  16. Samer

    Samer Top Contributor VIP

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    *Yawn*

    More sour grapes & 💩.

    “LatestNews”? is not worth 1/100 of “ass”
    Sorry to be an “ass”(.)com

    Bonus: Rick got royalty payments

    PS: own “LatestMove.com” Save millions and buy this for less than 1/100 you ask mill :xf.laugh:😜

    Stop being salty, besmirching the good name, of DOMAIN KING @Rick Schwartz. Respect.

    Samer
     
    Last edited: Jun 25, 2021
  17. TCK

    TCK NameOptions.com VIP Gold Account ★★★★★★★★★★

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    CNN wasted 750K on a domain they no longer need because they have a deep pocket. It was a pet project to satisfy the ego of someone in upper position. Ideal buyer. The domain is much better than LatestNews.com. It is mind boggling why CNN is not even redirecting it. Must be chump change for them.
     
    Last edited: Jun 25, 2021
  18. satsdifference.com

    satsdifference.com Love God Love Life

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    In the old days .coms heavily trafficked then ppc parking came along
     
  19. dncafe

    dncafe 2021 PowerUser

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    Most likely because they're doing a lot more outbound marketing and contacting potential end users. Many "domainers" promote their domain on marketplaces where there are mostly other domainers who want wholesale prices. Many $x,xxx and $xx,xxx domain sales are bought by businesses/groups who have never heard of sites like Sedo or NP's.
     
    Last edited: Jul 17, 2021
  20. lock

    lock DomainUsed.com VIP

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    One thing is Rick hasn't actually reported a load of sales i mean their are some big numbers talked about with some names but i expected a lot more volume reported. All about best name to suit on the day. Both names have great merit. After they spend 750k is there much left over for spending spree.
     
    Last edited: Jul 18, 2021 at 7:04 AM
  21. nononsense123

    nononsense123 Established Member

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    Rick hasn't been able to sell 99.94% of his portfolio. Not because of lack of interest, but because offers not matching his price range.
    If such an early adopter, with such quality portfolio has had such a loong waiting game, how can the OP say domaining is not a waiting game?
    Even if you have the highest ever quality names, you may have to wait years.
     

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