domain King.wine

[Jim H]

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King.wine

Looking for pricing advice .
Thank you very much.​

 

[Jim H]

up

 

[wurdd]

$0

 

[Bob Hawkes]

Welcome to NamePros @jim h

While the .wine extension does not have many registrations (about 15,000), it only has 3 sales on the NameBio database, with a couple of $4000 sales in about the last year (kayra and star). We often associate fine wines with royalty, so the combination of king and wine seems logical to me, and there are many companies in winery business do indeed use king in their name or description. Read carefully re UDRP terms to make sure you are on solid ground before directly approaching any of them, however. Not legal advice.

The exact word king has sold 10 times which is encouraging, and 4 of those are new extension sales of more than $1000. The highest is king.online that sold for just over $17,000 a couple of years ago, to an Australian furniture store as I recall.

So what about price and probability of sale? Taken over all extensions and all domain names for sale, there is about 1 chance in 100 that a domain name will sell at the end of a year for a price of $100 or more. Pretty discouraging, in many ways, and why you need to make much more than you buy a domain for in order to make a profit on your entire portfolio. More on domain sell through rates here. It varies hugely with type of word and extension, but sell-through rate for new extensions is about a factor of 4 or 5 less than all extensions or .com, but the average prices are also higher.

Those new extensions that sell usually are one word on left of dot, and have a great match on two sides of dot. Yours do have that.

Pricing is really hard to say. If it was mine I would probably price high $$$, but many domainers price almost everything a few times higher than that. On the domain social hour most recently, a couple of experienced domainers discussed a strategy they are seeing of pricing just below GoValue, when it makes sense, and therefore the buyer (many of who consults that) will think they are getting a deal. Some disagree. I do see some logic in it. Given that I think a price like $988 makes sense, psychologically. But I would sell it on a platform where the buyer can also make offer.

This is the type of name where I think a payment plan option may make sense. A small winery might like the name but not feel can pay $1000 up front. If you offer them so much a month, that is much more manageable, especially for a new business.

Best wishes for the name, and welcome once more to the NamePros community.

Bob

 

[Jim H]

Welcome to NamePros @jim h

While the .wine extension does not have many registrations (about 15,000). It only has 3 sales on the NameBio database, with a couple of $4000 sales in about the last year (kayra and star). We often associate fine wines with royalty, so the combination of king and wine seems logical to me, and there are many companies in winery business do indeed use king in their name or description. Read carefully re UDRP terms to make sure you are on solid ground before directly approaching any of them, however. Not legal advice.

The exact word king has sold 10 times which is encouraging, and 4 of those are new extension sales of more than $1000. The highest is king.online that sold for just over $17,000 a couple of years ago, to an Australian furniture store as I recall.

So what about price and probability of sale? Taken over all extensions and all domain names for sale, there is about 1 chance in 100 that a domain name will sell at the end of a year for a price of $100 or more. Pretty discouraging, in many ways, and why you need to make much more than you buy a domain for in order to make a profit on your entire portfolio. More on domain sell through rates here. It varies hugely with type of word and extension, but sell-through rate for new extensions is about a factor of 4 or 5 less than all extensions or .com, but the average prices are also higher.

Those new extensions that sell usually are one word on left of dot, and have a great match on two sides of dot. Yours do have that.

Pricing is really hard to say. If it was mine I would probably price high $$$, but many domainers price almost everything a few times higher than that. On the domain social hour most recently, a couple of experienced domainers discussed a strategy they are seeing of pricing just below GoValue, when it makes sense, and therefore the buyer (many of who consults that) will think they are getting a deal. Some disagree. I do see some logic in it. Given that I think a price like $988 makes sense, psychologically. But I would sell it on a platform where the buyer can also make offer.

This is the type of name where I think a payment plan option may make sense. A small winery might like the name but not feel can pay $1000 up front. If you offer them so much a month, that is much more manageable, especially for a new business.

Best wishes for the name, and welcome once more to the NamePros community.

Bob

Thank you very much for your answer.
I have very limited understanding of the suffix of this domain name. Your answer has made me know a lot. I'm glad to meet you.

 

[Jim H]

$0

thanks