advice Make an Offer Only on Dan.com

[lknights1987]

Just over 2 months ago I changed all my domain names to point to Dan make offer landers. After running an experiment for a short period (4 weeks) I received 6 offers on 6 domain names ranging from $100 to $500. All the offers that I received I rejected and sent a counter offer some less than $1k some more than $1k with the most being $3500. 5 counter offers were ignored and 1 countered an extra $100 from their first initial offer of $100 which I rejected.

After the 4 weeks experiment, I changed all domain name prices and added buy now prices with various price brackets $499, $999, $2999, $3999, and $4999 with make offer prices being $100. Since adding Buy Now prices I have received 0 offers

Would it be best to revert back to make offer landers only and leave make offer prices at $100?

 

[rh2000]

Just over 2 months ago I changed all my domain names to point to Dan make offer landers. After running an experiment for a short period (4 weeks) I received 6 offers on 6 domain names ranging from $100 to $500. All the offers that I received I rejected and sent a counter offer some less than $1k some more than $1k with the most being $3500. 5 counter offers were ignored and 1 countered an extra $100 from their first initial offer of $100 which I rejected.

After the 4 weeks experiment, I changed all domain name prices and added buy now prices with various price brackets $499, $999, $2999, $3999, and $4999 with make offer prices being $100. Since adding Buy Now prices I have received 0 offers

Would it be best to revert back to make offer landers only and leave make offer prices at $100?

I guess you can revert back if you want to receive those low ball offers again.

 

[lknights1987]

I guess you can revert back if you want to receive those low ball offers again.

What would you do?

 

[BaileyUK]

Would it be best to revert back to make offer landers only and leave make offer prices at $100?

Why would you want to do that ? Given that all the offers came within 2 months of listing. I think you can pretty sure these were all domainers attracted by your $100 minimum. It'll just repeat itself.

Low minimum offers make for terrible bait for any buyer. Set it at least to 50% of your minimum acceptable price would be my advice. There are rare occasions when a competent seller can talk-up the price quite considerably but, it's not the norm.

Sorry to say but, I would imagine there are several domainers out there that think your the time-waster and these are not the buyers your looking to attract anyway.

The good news is at least 6 of your domains have some value over time. Domainers are looking for anything up to a 1000% mark-up allowing for holding time etc. or a quick flip at 200 to 300%

 

[lknights1987]

Why would you want to do that ? Given that all the offers came within 2 months of listing. I think you can pretty sure these were all domainers attracted by your $100 minimum. It'll just repeat itself.

Low minimum offers make for terrible bait for any buyer. Set it at least to 50% of your minimum acceptable price would be my advice. There are rare occasions when a competent seller can talk-up the price quite considerably but, it's not the norm.

Sorry to say but, I would imagine there are several domainers out there that think your the time-waster and these are not the buyers your looking to attract anyway

Thanks for your response. Would you revert back to make offer only with 50% off buy now price or keep buy now price showing?

 

[GNP]

I am not really a domainer, but domains with BIN's are typically more likely to sell than ones that are "offer only".

Also note the member above said offer minimum should be 50% of the minimum you would accept, NOT 50% of BIN price. So if you have a listing for $5k and the minimum you would accept would be $2k, then by that formula, the minimum offer amount should be $1k (50% of the $2k minimum acceptance mount).

 

[BaileyUK]

Yes I strongly believe either do Make offer (sensible minimum) or fixed price. I did add some further comment to my above post. Don't confuse your buyers with such a wide range between minimum offer and your acceptable offer price.

Personally I always go with fixed price. If after (normally years) I'm going to lower the price then I shall always move it to a different seller platform. (resolving page) looks fresh on that site. will still get the same number of type-ins if they are there.

Also take onboard GNP's comment. 50% of your MINIMUM acceptable price. Not your buy-now price, I'm assuming your a reasonable negotiator an a reasonable head about prices

 

[tonyk2000]

If you list domains with DAN and makeoffer sales method - which make sense even if you have zero intention to sell them on DAN, such as if your desired sales channel is Sedo for example [and you point DNS to Sedo] - then you will start receiving funny offers originated from other domainers. So, increase the min. offer from default $100.
By "makes sense to list" I mean that if you do not list domains @ DAN - then others will list your domains @ DAN.

 

[TribeMagnet]

You aren't going to catch a whale with minnow bait. Be practical. (How would you feel if you wanted to buy a car and they 30x the price?)

Also, be advised that DAN is now a GDaddy product.

 

[lknights1987]

If you list domains with DAN and makeoffer sales method - which make sense even if you have zero intention to sell them on DAN, such as if your desired sales channel is Sedo for example [and you point DNS to Sedo] - then you will start receiving funny offers originated from other domainers. So, increase the min. offer from default $100.
By "makes sense to list" I mean that if you do not list domains @ DAN - then others will list your domains @ DAN.

Why will others list my domains on dan ?

 

[tonyk2000]

Why will others list my domains on dan ?

frontrunning. a big issue. dan and afternic.
Check main Dan thread, and for example these -
https://www.namepros.com/threads/da...ot-transfer-domain-after-bin-payment.1299006/
https://www.namepros.com/threads/sh...ngs-on-the-triple-three-marketplaces.1286517/
https://www.namepros.com/threads/im...-own-and-weird-whois-privacy-mystery.1249128/

 

[TheRockHopper]

List the names at Afternic and Sedo at BINs.

Remove pricing and raise the minimum offer on DAN to something reasonable.

 

[rh2000]

What would you do?

I would try either buy now or buy now with make offer.

 

[dnbrokership]

Thanks for your response. Would you revert back to make offer only with 50% off buy now price or keep buy now price showing?

Honestly, outbound your names. I use dotdb.com to find names registered in different extensions when I have the .com. I contact them and offer the .com And have done quite well.

 

[sg08]

BIN only

BIN only + LTO

 

[spikedo]

Do more testing. Been in biz for 20+ years. I am constantly testing.

 

[paul10]

Just over 2 months ago I changed all my domain names to point to Dan make offer landers. After running an experiment for a short period (4 weeks) I received 6 offers on 6 domain names ranging from $100 to $500. All the offers that I received I rejected and sent a counter offer some less than $1k some more than $1k with the most being $3500. 5 counter offers were ignored and 1 countered an extra $100 from their first initial offer of $100 which I rejected.

After the 4 weeks experiment, I changed all domain name prices and added buy now prices with various price brackets $499, $999, $2999, $3999, and $4999 with make offer prices being $100. Since adding Buy Now prices I have received 0 offers

Would it be best to revert back to make offer landers only and leave make offer prices at $100?

Though many domain investors and platforms like sedo , dan and others encourage domainers to list with BUY NOW option, from my own experience i still think MAKE OFFER is better, i have sold more domain with MAKE OFFER option than BUY NOW.

 

[lknights1987]

Though many domain investors and platforms like sedo , dan and others encourage domainers to list with BUY NOW option, from my own experience i still think MAKE OFFER is better, i have sold more domain with MAKE OFFER option than BUY NOW.

Do you stick to 1 minimum price on all your domains ie $100 or is it varied on all your domains?

 

[paul10]

Do you stick to 1 minimum price on all your domains ie $100 or is it varied on all your domains?

Yes for some i use minimum of $100 and higher for some domains which i have the intention of selling for $5000 and above

 

[Musta.ng]

Buyers who really need it and have the budget to do it, will buy it either way. Buyers who don't really need it and are on a budget are just the opposite.

 

[paul10]

Buyers who really need it and have the budget to do it, will buy it either way. Buyers who don't really need it and are on a budget are just the opposite.

true

 

[Moj]

I have more bad experience with Dan platform, after negasition buyer not paid 3/4 times. now all of my name are bin setup.

 

[Mister Funsky]

Would it be best to revert back to make offer landers only and leave make offer prices at $100?

For me, having a BIN (as long as pricing is correct) is the best option.

If a buyer types in your name and sees a price that is acceptable, they will pull the trigger and make the buy. Some of my higher tier names I will also add 'make an offer' option but it is NEVER a lowball number (like 100 min on a name that is worth 5000).

Pick a percentage for the minimum offer and stick with it. For example, if the reasonable full retail value of a name is 1000, make your minimum offer 60% of that...$600. That way, if funds are low and needed for renewal of other names, you can take a lower number but you wont be bothered by tire kickers.