NameSilo

Incognito Domainer

Labeled as discuss in Domain Buying and Selling Discussion, started by MapleDots, Oct 13, 2020

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  1. NickB

    NickB Wales.org VIP

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    There's a fallacy (edit: or contradiction?) here if you care to look at it.........I have put it in bold

    if someone wants a domain badly enough it will not not matter if your a domainer, a website owner, have a sales lander, no lander, not resolving or a picture of a smiley cat saying how are you......

    If they want it they will engage with you or hit the BIN button.......

    Engagement might increase but then it boils down to a persons sales acumen and closing technique rather than how the domain is presented (or not)........
     
    Last edited: Oct 14, 2020
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  2. eternaldomains

    eternaldomains Established Member

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    Thanks a lot for answering the many questions I asked. They're very helpful.

    Just 1 aspect left I think:

    Blogger - a quick check on wiki says that there's no support for eCommerce (I'm aware that this might be a too generalized statement), so I suppose you use apps to integrate the Costco system? Or does Costco provide the codes (HTML etc) to embed into the website?
     
  3. MapleDots

    MapleDots Top Contributor VIP

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    Actually what I was trying to say is that if someone comes to the site for domainA.com, by showing him hundreds of other domains a domainer might actually be decreasing the odds of selling it.

    Your point about the client purchasing it regardless of how is sold is not quite accurate. Many end users consider a number of domains before they make their final choice, one of the first things they look at is who owns it, and what is it used for. Then they go to their second choice and so on.

    In my case a small business owns it and looks like it's not really utilized. That sets the tone and gets the end user to think there might be a chance in acquiring the domain. There is no intimidation from a domain squatter. I hate using that term but I am only using it because that is what the majority of the general public thinks of domain investors.
     
    Last edited: Oct 14, 2020
  4. NickB

    NickB Wales.org VIP

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    Regarding a dedicated website showcasing all your domains - it shows you are in business of solely selling a commodity (domains), they either want that particular domain and buy it or see it is out of budget and then browse your inventory as you would in any any other shopping/buyer experience......if you have a wide selection of domains within a certain niche then this will benefit/increase your sales conversion, if you have loads of random domains then this will not be the case.....so it ends up on relying on someone's individual portfolio (and the size of it)

    A motivated buyer will be looking at one particular domain, when they realise that domain is out of budget or have a personal view on the "morality" of buying from a reseller they then move on to option "B" which in most cases will be going down a tier in quality......meaning you still end up with the superior domain name and the opportunities that come from that.......

    Regarding utilisation, I already said this is a positive and in my mind is is one of the main benefits in doing what your doing......

    It boils down to how badly that person wants that domain, how you wrap it up becomes immaterial after a certain point.......

    What I would find interesting is if people with large portfolios could share the percentage of deals that fall through because the potential end user realises they are a domain investor/business owner
     
  5. Youngly

    Youngly New Member

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    I also redirect some of my domains to my site but I have never had a sale. I think I will redirect some more and see. This sounds very nice.
    I also feel you might be getting a lot of queries from domaines.

    What kind of store do you have
     
  6. lock

    lock DomainUsed.com VIP

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    I actually did the same then changed my mind as found couldn't find out stats. A way better idea is to have your menu or lander for your business on the 1000 names. This way they click from one domain to next which is a bonus and you still get to use the customer as you intend. You also could have domain for sale information using the traffic.
     
  7. passini

    passini Established Member ★★★★★★★★★★

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    I think if an enduser wants a name most of the times he doesn't care too much who is selling...

    Incognito, Afternic, Sedo or something else doesn't make difference to him.

    He just wants to name his business like this and If he has the budget he will buy.

    IMHO
     
  8. Bob Hawkes

    Bob Hawkes Top Member NameTalent VIP Gold Account Trusted Blogger

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    Thanks for kicking off a really interesting discussion, @MapleDots . The idea that users might be more willing to purchase from someone who is not a domainer is definitely reasonable, and among other things suggest that we need to do work to change how the domain world is viewed. Imagine the same thing with real estate: most would be more willing to buy via a real estate agent than otherwise.
    Bob
     
  9. TauseefKhan

    TauseefKhan Established Member

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    Just read your post, and earlier today I posted an article on my blog about being 'The stealth Domain Investor.' I think you're not alone - there are abundant domain buyers and sellers who remain incognito.
     
  10. Ostrados

    Ostrados EpicName.com VIP

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    This is very unique and surprising tactic so thanks a lot for shating it.

    My only concern is that you will may leaving a lot of money on the table, I visualize a domain sale as funnel in each step in it you will lose percentage of users before an end user reach final point to buy.

    Like for exanple:

    Landing page => for sale note => inquiry => negotiation => sale

    The problem is that you removed the "for sale note" at this step most users will not proceed to the next step which is "inquiry", only small percentage of very keen end users will proceed.

    Maybe it worked for you because of cvoid-19 situation? so I think the best thing to do is to try split A/B test, were you keep half of your domains here and half there.

    If you already did A/B split test and confirm that it is working better for you, then it could be working for your specific portfolio, I never look at it but I guess it includes plenty of generic domains and one word domains? In other word this tactic may work for high quality domains, but may not work for a lower quality portfolios.
     
    Last edited: Oct 16, 2020
  11. DigitalRoar

    DigitalRoar Investor & Creator VIP

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    I do this with a few domains, it does seem to help get inquiries but once I start talking price they go silent.
     
  12. eternaldomains

    eternaldomains Established Member

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    Did you quote the price first (like most domainers) or did you wait for the price quote offer from the end user (like MapeDots)?
     
  13. DigitalRoar

    DigitalRoar Investor & Creator VIP

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    They offered first I countered
     
  14. eternaldomains

    eternaldomains Established Member

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    And you counter with a fixed price or reply without stating a fixed price?
     
  15. TheBuyerz

    TheBuyerz Established Member

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    Thank you for sharing your experience with us.

    You are right, some buyer will prefer to be in touch with the domain name ower directly instead of contacting the intermidiare or even the standard landing pages from the casual parking services.
     
  16. DigitalRoar

    DigitalRoar Investor & Creator VIP

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    Price range
     
  17. eternaldomains

    eternaldomains Established Member

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    Not sure how much you quote (won't ask about it), but if it's too high then silence is usually a normal thing. But even if it's low endusers-who-don't-like-domainers might still see that as a red (domainer) flag.

    How about changing tactics and keep making the end user make a better offer without stating a price or price range (like what MapleDots did)?
     

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