Top Bottom
Dan.com

discuss If you had a $100k budget to acquire a domain, what's your first offer?

Dynadot
Impact
811
If you have a domain name listed as Make Offer that you want to acquire, for which you have an allocated and approved budget of $100,000 and another $100,000 which can be tapped into, after discussing with the team, which you absolutely have to acquire as the CMO of your organization, how much would you offer as your first offer to the seller and why?

I would start with $5,000 because too low and the buyer won't take it seriously and too high and the buyer would ask for a much higher price.
 

jhm

Top Contributor
Impact
8,394
Far too many variables involved, for such a thing...it absolutely depends

If given such a budget to acquire a domain that we "absolutely have to acquire" as you said, I'm not going to beat around bush, under such circumstances. I'd attempt to ask for a ball park figure, to give me some rope so I can get a feel for what the seller wants, and probably give him it if within budget, considering the importance...representing an organisation that has $100k spare, with an extra $100k if need be...that's quite something. What is the domain anyway? Assuming its nothing crazy premium. The example given sounds serious, so in summary...I wouldn't screw around much. IMO
 
Last edited:
Impact
465
First I would try to contact the owner. If I don’t have his contact info, I would make a good first offer like $10,000 so I get a response from the owner. Once I get a response, I would then keep low balling $15k, $17k…and also look for a similar names and sold names at namebio and talk about them with him. Then I would tell him my final last offer is $50k and let me know ASAP so I can go ahead with plan B and buy this other domain for $40k. I would mention the similar name that’s for $40k so he knows I might go away and not buy his. Then most likely he will come back and say he will take $60k. I will tell him to meet in the middle $55k. He will say okay deal.
 
Something that I could turn into a business. For example right now I have an idea related to business offers app, so I would probably pay a nice price (yet not 100k) for something like Offe.rs

As for reselling, I would try to get as much as possible names that I believe are underpriced with BIN's on various marketplaces. And I believe those would be strong two word .com's.
 

karmaco

Top Contributor
Impact
10,211
If you have a 100 to 200 K budget it must be a damn good name you would be after and lowball offers will be ignored. You really think a 5K offer is going to get anyone’s attention? Or I am considering blah name? Good go consider it and I will wait for a qualified serious buyer. 😂

Some of the replies in here are exactly why opening minimum offers are often way above what a typical domainer would offer.
 
Impact
166
If you have a domain name listed as Make Offer that you want to acquire, for which you have an allocated and approved budget of $100,000 and another $100,000 which can be tapped into, after discussing with the team, which you absolutely have to acquire as the CMO of your organization, how much would you offer as your first offer to the seller and why?

Some of us would know.
But not without the domain name and some research.
 
Impact
1,052
If you have a domain name listed as Make Offer that you want to acquire, for which you have an allocated and approved budget of $100,000 and another $100,000 which can be tapped into, after discussing with the team, which you absolutely have to acquire as the CMO of your organization, how much would you offer as your first offer to the seller and why?

I would start with $5,000 because too low and the buyer won't take it seriously and too high and the buyer would ask for a much higher price.
It all depends on the name and the seller. The only thing I can tell you from what you posted is that all savvy sellers immediately looked at your join date and recent offers around that date :)
 
Impact
199
If it's a must have domain name for your company, and worth upwards of what your budget is (or more), then starting in the five figures would be a good entry point. If you start off too high, you'll look a money pit, and you won't have as much space to move up on your offer. So without knowing any details that would help my negotiation, but knowing your budget and goal, I'd probably start with $20K.
 
Name Worth