domain mtbFreeride(dot)com urgent help me out please

[vilflora]

Hello,
I need your opinions.
Somebody wants to buy this domain and i do not know how much i could ask. I asked to make an offer but they refused.
Thanks for your help.

 

[Chris Wright]

These keywords get a boatload of searches.
Start at $6,400 and negotiate from there.
Try to stay above $3k.

 

[N-A]

I don't know how proficient you are with sales, marketing and negotiating, but I would take a figure that would satisfy you on this sale and add 25-30% to it, as they may haggle you down.

Going into negotiations and not knowing how to stick to your guns asking for $6,400 may end up in them completely walking away.

If you can have someone walk away from a deal and renew it for another 1, 2 or even 10 years, then go that route. However, if you need a sale, find the sweet spot that allows you to keep going.

 

[Chris Wright]

They want it for a VR bike simulator / trainer.
Activetainment Ebove.

This domain's keywords get tons of searches.
The name is highly brandable for what they are trying to do.
This is the best opportunity this domain may ever see.

What starting price would you suggest, David?
And what floor would you set?

 

[N-A]

They want it for a VR bike simulator / trainer.
It gets tons of searches.
The name is highly brandable for what they are trying to do.
What price would you suggest, David.

I would have to agree with you, start high and meet in the middle.

The advice I gave is centric to those that don't have the ability to lose a sale and need capital. With that profit, more domains can be bought.

When dealing with foreign buyers, you need to be tactful. You can lose a deal in the press of a "reply" button in some cases.

 

[Chris Wright]

Vilflora, I am moving part of our conversation to here, for the benefit of all NamePros. Hope you don't mind.

 

[Archangel]

Don't start TOO high or else, the other paryt might not even bother to negotiate. You'll scare them away

 

[Chris Wright]

First, I want to say for the benefit of anyone reading, that if you have any instinct about the situation, listen to your gut.

...I registered the domain some years ago but i don`t need $xxx. This company is spending a lot on this project and I think they could afford much more than $xxx. I would be sad after selling them my domain for less than $xxxx and I will ask them $xxxx. If they won't negotiate i will keep it.
Thank you so much Chris.

From our conversation, they are acting irritated with you. They are basically trying to force the issue. As if there is nowhere else to go from here.

If they are truly irritated (offering 23% of what you want), then pushing your full asking price will just get them more irritated. Instead, you could say:

"Thank you for your kind offer. Unfortunately, our figures are too far apart. I strive to conduct business in such a way, that everyone would leave the table happy. And, I would never want you to get in trouble with your CEO. Best of luck in finding a nice domain at your desired price point."

I suspect they are only acting irritated. It strikes me as a well-calculated stance that may have worked quite well in previous negotiations. If that is the case, the above response would serve you just as well.

The best tool in a negotiation is the willingness to walk away. You have that, so it may time to be abundantly clear about that.

 

[Archangel]

To add: It might be best for you to merely say: "Thanks for the offer but truly, I'm in no need of cash & I have an affinity with this domain. I'm willing to sell but to do so, it'd have to be at a price to which would make me still capable of sleeping soundly at nights. I'd only be interested in a sale if it is around (insert highest desired figure here). This cannot be negotiated: it's a figure I can live with. Should you not wish to go this high, I'll simply keep the domain." It gets the point across. And if they have the cash, they'll mull it over