question I have received positive reply from my outbound inquiry

[Coinking]

Hello,
I have sent outbound email to 15 companies and after 20 min i received a reply from one company and he replied me:
"whats your price for this domain"?
And my reply was:
"price is only $1880"
After 10 hours he replied me:
"Okay thank you i will check this possibility with my partner."

Tell me he is looking serious?
His company using same name with hypnated with .net extension but i have .co.
Thanks

 

[Jurgen Wolf]

The domain must be NOT improperly priced from start - then the following negotiations will be quick and effective...
Better is to not price it at all - if you don't understand the buyer's budget at least approximately.

*must NOT be

 

[briguy]

The domain must be NOT improperly priced from start - then the following negotiations will be quick and effective...
Better is to not price it at all - if you don't understand the buyer's budget at least approximately.

I like that...if I may add...personally, I would research the potential buyer before sending a offer..

Much ado about nothing, you don't need a crystal ball to know that this sale will not happen for $1880. or anywhere close. If people in this thread can't see that, then I don't know what more to say.

No disrespect intended...I kinda hope for the best for anyone,(Karma..what goes around comes around)!
Maybe I am foolish..maybe I am not!

 

[Grego85]

try to get some extra dialogue going. Ask questions, and be interested in their business. If you can keep him/her talking to you via quick emails it gives you a better chance at a sale.

 

[Jurgen Wolf]

Much ado about nothing, you don't need a crystal ball to know that this sale will not happen for $1880. or anywhere close. If people in this thread can't see that, then I don't know what more to say.

For this amount even 1word .co is hard to sell... except something ultra.
And overall, I had many negotiations with French buyers... they are always long... and almost always in 3F range.

 

[xynames]

Much ado about nothing, you don't need a crystal ball to know that this sale will not happen for $1880. or anywhere close.

If you don't wanna accept that I don't know what else I can do for you.

 

[MarkMetric]

Patience, you have planted a seed wait for it to grow, If they have the need they will surely revert back.

 

[Sinh]

Keep patience pls. Recently I have sold 2 domains at 3,300 USD and 3,850 USD via outbound.

 

[Max1000]

try to get some extra dialogue going. Ask questions, and be interested in their business. If you can keep him/her talking to you via quick [short] emails it gives you a better chance at a sale.

That's your best advice.
Don't hassle him after just 2 days.
But do look up his company, understand it, and see there are things you can ask him quick questions about.
I doubt by the way you'll get $1880 for it; tbh and without knowing the specifics its more likely a 500 to 900 number. IMO

 

[Kate]

If the name has only one 'obvious' end user, and it's not .com you are at a disadvantage.

 

[Blueforever]

I was in the same situation, did an outbound...there was interest. I threw out a price, the buyer replied with a substantialy lower figure. I countered. Then the same thing, he wanted to discuss with his partner.
Not sure what his partner said but he lost interest altogether.

 

[DN Playbook]

This round there may be no sale. It is a legitimate lead however. Hang on to it. See if the domain receives offers, traffic, etc. over time. Send them an email (if you don't hear back) reminding them that the domain is available and open to an offer. Nothing to lose but a sale to gain.

 

[korganian]

I was in the same situation, did an outbound...there was interest. I threw out a price, the buyer replied with a substantialy lower figure. I countered. Then the same thing, he wanted to discuss with his partner.
Not sure what his partner said but he lost interest altogether.

My experience is that "discuss with his partner." means either "no, I can't afford it" or "I'm too cheap to spend that much money", but I don't want to admit it.

 

[unmark]

You will have only 1 attempt to remind/ask him "what's happening". I would go for a "win" with it and normally 3 criteria help with that: urgency, "someone else is interested" and "it's too good a price to miss it". Send him an email and tell that you have a buyer that offered say $900 and that you need to sell it by say Sunday. Either he offers any amount above $900 and takes it or it goes to another party. To Be or Not To Be approach.

 

[Joe Styler]

I think if they wanted to buy the domain they would have by now. I agree with @bojan1 you are in a situation where you lose if you contact them and lose if you don't. I also think that as @korganian said they likely have little interest in buying it and are using the partner as an excuse. The way I handle something like this is - contact them again and be open and upfront with them.

I have this name that is helpful for someone in your industry. I want to sell it. You said you have interest. I respect that and wanted to give you the chance to have the right of refusal since you indicated interest. Let me know what your intentions are please because if you are not interested I want to go to your competitors ( I would include a couple actual names from your research here) and make them the same offer as I feel the domain would be a benefit to them and want to find a buyer that benefits from the domain. Please let me know what you think as I want to continue to try and sell this domain later this week, but want to give you the first chance since you indicated interest.
That creates urgency without desperation and also reminds them what the domain could do to help the competition.

A couple caveats. I don't know the domain but I am assuming you are selling a generic industry domain and not a specific company domain or a domain that only helps one party. If so I would not do this again for many reasons.
I would steer clear of buying a .co and spend time finding .coms for outbound it is much harder to outbound a non .com. That is a personal suggestion. Yes you can sell many tlds to end users every day. I am just saying .com is easier to sell in most cases. As @MapleDots points out a .co is a hard sell to someone who already has an existing domain name they built their business on.
Some suggestions provided above to me sound deceitful. I would never suggest being anything but completely honest in your interactions with anyone. You only have one reputation and you should value that more than all else. Once lost it is very hard to regain. Not saying you would do that just making a general point.

 

[FolioTeam]

Let pray and hope that his partner is not NP member.

Lol.This reply was just hilarious. I find that most of your posts tend to have a sense of humor that I like. Thanks for the laugh today.

 

[DomainRecap]

I remember seeing a tech startup using one and even hyping it and eventually they bought the .com and forwarded the .co to the .com.

But that's the whole point of .CO, to use it and then if your startup is successful enough to afford the .COM that you couldn't before, then it's Win-Win.

What you do NOT want to do it spend a lot of your seed money on an ultra-expensive .COM, as that's a certain recipe for failure.The .COM is not a magic bullet and your people, products and services will make you successful, not spending $100K on a single-word .COM and crossing your fingers.

 

[DomainRecap]

If he don't interested in my domain than why he replied me, "Okay thank you i will check this possibility with my partner."?

He was probably just being polite.

He also probably had some level of interest, just not $1880's worth.

 

[Coinking]

Yesterday i made another email but 20 hours passed but i have not received any response.
I think, they are not interested!

 

[Softbay]

Don't invest in .co

 

[learie]

Hello,
I have sent outbound email to 15 companies and after 20 min i received a reply from one company and he replied me:
"whats your price for this domain"?
And my reply was:
"price is only $1880"
After 10 hours he replied me:
"Okay thank you i will check this possibility with my partner."

Tell me he is looking serious?
His company using same name with hypnated with .net extension but i have .co.
Thanks

This is wonderful! I think you just ignite an idea in the guys head which he has to confirm with his partner. So, base on his partner response to the ext .co if its "positive," I believe you would get the sale.