.com Mike Mann sells WeAreParents.com

[vanvinh]

In a facebook post, Mike Mann indicated he recently sold the domain name WeAreParents.com $7000, purchased 10/16/16 $20

 

[imc]

The domain is not always valuable. His connections are. In this case, an average domainer would be lucky to get $50. Most domainers have no rich connections. Sell to the one who has money to spend and more often than not a better sale price will be realized. If you have decent domains, build a network of affluent buyers. Easier said than done.

 

[deez007]

And he does it again..............lol

Antoher WTF/How TF/Why TF/ Who TF/ Mother F/ FML sale from Mike Mann...

 

[hookbox]

So, you're saying you could have sold the name for $7k if you were the owner.

The way a name is marketed is what helps sell the name. When a potential buyer types in a name and lands at DomainMarket.com the buyer automatically knows that a real business owns this domain and is in business to sell this domain. The professionalism of his marketplace is probably the biggest reason he makes sales. No different then HugeDomains selling $2,500 names all day long because the potential buyer knows they are dealing with a real legitimate business that sells domains. It automatically makes the buyer believe that maybe domains really are worth what the seller is asking.

It's like a half ass used car lot in the middle of town trying to sell cars compared to a used car lot like AutoNation, CarMax, or DriveTime. They sell the same inventory but the ones that clearly market themselves as real successful businesses sell much more cars then everyone else at a much higher profit. Impression sells everything in life.

 

[mad409]

These type sales are almost unbelievable, wow! If that name would have been in the appraisal section here everyone would have told me reg fee.

 

[urlurl]

Another factor is he has the funding and patience to not just jump at the first offer that comes along. Thats the difference between selling names for $xx or $x,xxx

 

[Silentptnr]

First....he has a reputation with his clients and in the industry.
Second....he knows how to "paint the picture" for his clients
Third....he probably also offers auxillary services to help them use the domain

If you are good, and can show an end user that they will get an extra sale or two (maybe much more) by investing in a particular domain name....and they have the money...it's not a hard sell. For all we know, he has businesses that call him for help increasing their business!

People wonder how I do so well in my industry. It's because I have been doing it for 30 years, have a reputation, and I am exceptional at "painting the picture".

 

[pokainc]

where does he sell them? on his private platform / site?

 

[hookbox]

The domain is not always valuable. His connections are. In this case, an average domainer would be lucky to get $50. Most domainers have no rich connections. Sell to the one who has money to spend and more often than not a better sale price will be realized. If you have decent domains, build a network of affluent buyers. Easier said than done.

Connections or personal network have nothing to do with a sale to an enduser. Unless, you sell startup type names and have a connection to a VC guy or company that consistently has ideas or concepts that need names.

 

[80-20]

What is really amazing is that he is not afraid (of the buyers' backlash) when divulging the purchase prices...

 

[baseballworld]

Wonder if the buyer would be interested in WeAreMorons.com also

 

[Nattydomain]

^^^ This. Most of us would either not buy it OR sell it for $100 and be happy. If you DONT need the money you can wait for the right buyer. 10 years at 8.40 renewal is nothing to hold out and maybe get $2,3,4 thousand dollars. The issue is when you times that by hundreds of domains.

 

[imc]

The way a name is marketed is what helps sell the name. When a potential buyer types in a name and lands at DomainMarket.com the buyer automatically knows that a real business owns this domain and is in business to sell this domain. The professionalism of his marketplace is probably the biggest reason he makes sales. No different then HugeDomains selling $2,500 names all day long because the potential buyer knows they are dealing with a real legitimate business that sells domains. It automatically makes the buyer believe that maybe domains really are worth what the seller is asking.

It's like a half ass used car lot in the middle of town trying to sell cars compared to a used car lot like AutoNation, CarMax, or DriveTime. They sell the same inventory but the ones that clearly market themselves as real successful businesses sell much more cars then everyone else at a much higher profit. Impression sells everything in life.

Yes, agree. Point well made.

 

[Only1903]

Mike mann did it again

 

[mad409]

lol I know!
I was just gonna ask how often the appraisals on NP are even close. (How are people coming up with their appraisals anyhow?)

Most of the time they are judged on past sales history, current market value. But sales with domains like this is, well odd for a lack of term.

But congrats to Mann ya got to give it to him!

 

[ScalableDomains]

At the end of the day Mike (and team) know how to close deals (execute ABC). He has built a process (business) which allows the customer to quickly purchase a product. The price can be whatever but the true magic is closing the deal.

The question is : "What can we lean and apply to close our deals?"

 

[disaac81]

His attitude is exactly what everyone else outside this game thinks we are like.

Sell a name, then gloat about the purchase price, making the buyer look like a schmuck.

Arrogant, self-servicing and really a stain on this industry. Goes without saying really, I mean look at his abuse of trademarks.

 

[hookbox]

There is a live trademark for "We Are Parents" from 2015 by Dun and Bradstreet which is a publicly traded company with almost 2 billion in revenue.

http://www.trademarkia.com/weareparents-86200776.html

Mann probably took an $8 bet after seeing the live trademark and it paid off. When you have 250,000 domains these minimal bets are placed often and some hit and some don't.

 

[urlurl]

I am beginning to raise my eyebrows with all this supposed Mike Mann sales. Does anyone collect all this sales as I would like to investigate further into it. A lot of strange things happens in this industry.

i'm taking this from someone else's research, but i think his turn rate is 0.67%


If your average sale price is $2,600 your break even turn rate would be 0.3846% (excluding admin and all other fee's)

http://onlinedomain.com/2016/12/19/domain-name-news/much-mike-mann-making-domain-names-per-year/

 

[Landov]

When dealing with an unprofessional domainer, the buyer is ashamed to pay more than $50.
When dealing with a celebre domainer, the buyer brags if he pays a large sum.

 

[The Durfer]

congratulations

 

[vanvinh]

a new facebook post,indicated he sold Sold ModernStamp.com for $5400, purchased : 10-09-12 $7.50

 

[urlurl]

These type sales are almost unbelievable, wow! If that name would have been in the appraisal section here everyone would have told me reg fee.

so, true

 

[TerriJ]

These type sales are almost unbelievable, wow! If that name would have been in the appraisal section here everyone would have told me reg fee.

lol I know!
I was just gonna ask how often the appraisals on NP are even close. (How are people coming up with their appraisals anyhow?)

 

[Dineshkp]

lol I know!
I was just gonna ask how often the appraisals on NP are even close. (How are people coming up with their appraisals anyhow?)

Personal opinions of course

Rarely you get appraisals where the appraiser actually analyzes and gives to the appraisee a good appraisal. It is free appraisal and there is that much you should expect.

If you really need good appraisal then you ought to go through previous threads, list good appraisers and call them on your appraisal thread.
No guarantee you will get an appraisal but if you do get a good appraisal then hey, its free and worth the try

Else, offer payment terms to those appraisers and they may just be motivated to give you one.