- Impact
- 3,151
Hi All,
Wanted to report my biggest sale yet that came after revising my prices back in August. I'd like to thank everyone here and special gratitude to @Riz M., @AbdulBasit.com & @DnFolk for also reporting their recent large sales. It has been very much appreciated. Also a thanks to Mike Mann for continually reporting his sales on twitter.
Special thanks to Rick Schwartz for his video below. You should checkout his blog, videos and twitter regularly if you don't already. It helps to keep things in perspective.
https://twitter.com/DomainKing/status/1156858192711888896
Purchased in 2016 for $19.47 via godaddy.
I've been buying and selling domains for over 17 years. Prior to August, I'd been selling about 60-70 domains per year to end users, but last year I revised the prices on about 30-40% of my domains (see below). The reason I increased pricing on many of my domains was because it really felt like I was underselling many domains and leaving too much money on the table.
While this has been the second 5 figure sale since August and my average sale price is much higher than in prior years, my overall sales have not really been higher.for the last 12 months as the higher prices on the top 30-40% of my names have likely decreased the quantity of sales. Maybe I'll try to fine tune this over time to see if I can achieve the right balance.
Wanted to report my biggest sale yet that came after revising my prices back in August. I'd like to thank everyone here and special gratitude to @Riz M., @AbdulBasit.com & @DnFolk for also reporting their recent large sales. It has been very much appreciated. Also a thanks to Mike Mann for continually reporting his sales on twitter.
Special thanks to Rick Schwartz for his video below. You should checkout his blog, videos and twitter regularly if you don't already. It helps to keep things in perspective.
https://twitter.com/DomainKing/status/1156858192711888896
Purchased in 2016 for $19.47 via godaddy.
I've been buying and selling domains for over 17 years. Prior to August, I'd been selling about 60-70 domains per year to end users, but last year I revised the prices on about 30-40% of my domains (see below). The reason I increased pricing on many of my domains was because it really felt like I was underselling many domains and leaving too much money on the table.
HUGE DOMAINS SNIPING GODADDY CLOSEOUTS
While this has been the second 5 figure sale since August and my average sale price is much higher than in prior years, my overall sales have not really been higher.for the last 12 months as the higher prices on the top 30-40% of my names have likely decreased the quantity of sales. Maybe I'll try to fine tune this over time to see if I can achieve the right balance.
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