discuss My outbound experience

[frank-germany]

let me share my results from my yesterday outbound with you:

1 answered: "how much?"

1 answered: "No thanks. Would you be interested acquiring iamadomainsquatter.com? "
(No match for "IAMADOMAINSQUATTER.COM".
>>> Last update of whois database: 2018-04-07T05:45:48Z <<<)

1 answered:
"Thanks for the email, we don't really need another domain, but I see the evaluation is ~$850, so can give you $450.00 for it, would that work?"


any suggestions how to react?

 

[CryptoInvestor]

Domaining is a skill. I can go right now and hand register 5-10 domains and make a $200-$300 sale next week. What matters is the domain you are offering. If you aren't bringing value to the marketplace, don't expect a sale.

You should do that and test it, I would be thoroughly impressed

 

[frank-germany]

“Hey” to me and many others is regarded as immature, a lot of older folks will actually be a bit upset when you say “hey” to them, they will even correct you lol

I think that any email we send can be regarded as “spam”, there are so so so many email spammers, that every template is used up and bone dry. One thing is for sure though, correct spelling, correct punctuation, and right word placement matters tremendously. Also my sites are all set up with a ready to purchase landing page in case they want a no contact deal. However, I will always do a follow up email to those who opened it about 1-2 months after if I haven’t got a reply.

I wasn't doing because I specially like but because of this:

https://blog.boomerangapp.com/2017/...l&utm_source=year+in+review&utm_campaign=2018

 

[frank-germany]

I wasn't doing because I specially like but because of this:

https://blog.boomerangapp.com/2017/...l&utm_source=year+in+review&utm_campaign=2018

 

[werty]

IMO one of the most important things (besides emailing relevant candidates only) is to include the option for end users to opt out from receiving emails from you in the future (and honoring such requests of course). Like mentioned above, some people will consider any unsolicited email spam. Doesn't matter how relevant the person is. Plus this is required in order to be Can-Spam compliant. Many domainers don't include this on their outbound emails which is wrong. And then there are ones who do include it but don't honor the opt out requests which is even worse. This will not only save you from people flagging your emails as spam but it shows respect towards end users. Plus again you are supposed to include this so it shouldn't even be a question of whether to or not.

 

[frank-germany]

IMO one of the most important things (besides emailing relevant candidates only) is to include the option for end users to opt out from receiving emails from you in the future (and honoring such requests of course). Like mentioned above, some people will consider any unsolicited email spam. Doesn't matter how relevant the person is. Plus this is required in order to be Can-Spam compliant. Many domainers don't include this on their outbound emails which is wrong. And then there are ones who do include it but don't honor the opt out requests which is even worse. This will not only save you from people flagging your emails as spam but it shows respect towards end users. Plus again you are supposed to include this.

that is definitely not the most important thing to get the sale

 

[werty]

Then don't complain when your email gets shut down or you get another F**k off response... You are just hurting the industry as a whole.

 

[frank-germany]

Then don't complain when your email gets shut down or you get another F**k off response... You are just hurting the industry as a whole.

I can handle F**K offs anytime

 

[golan]

So If I market 5 in a day, I normally get 1 sale. Only about 20-70 emails on average per domain offer.

So you send 100-300 emails a day. How it's ever possible, granted you're trying to make each email personalized?

 

[werty]

I don’t personalize... If an end user wants to buy my domain, the fact that I didn’t personalize won’t affect the sale. Each domain is unique.

 

[frank-germany]

what is the best answer to a

"how much" - reply ?

 

[anantj]

what is the best answer to a

"how much" - reply ?

A price that you're comfortable with for the domain!

 

[frank-germany]

A price that you're comfortable with for the domain!

like

BIN is $175 USD ??????

 

[anantj]

like

BIN is $175 USD ??????

"The <domain-name> is available for $x"

or

I'm currently selling <domain-name> for $x

etc...

Replace x with your desired price.

 

[frank-germany]

"The <domain-name> is available for $x"

or

I'm currently selling <domain-name> for $x

etc...

Replace x with your desired price.

Thank you

Why is this the best reply?

Did you test several versions?

What do you do when after that
All you get is silence?


Another version would be to
Make the price look tiny

Or to justify it

 

[frank-germany]

follow up emails at least are opened
no outbound sales since april

 

[UmerK]

what is the best answer to a

"how much" - reply ?

The domain is priced at $250 but we might be open to all reasonable offers - this kind of hints you are willing to go down if needed.

 

[frank-germany]

The domain is priced at $250 but we might be open to all reasonable offers - this kind of hints you are willing to go down if needed.

thank you @UmerK , @anantj

my question was asking for deeper insight into the psychology of a negotiation process

a $200 USD domain name isn't worth much the discussion
and if I am willing to sell for lower then $200 USD
I should have chosen another domain to do outbound for


of course I know as much as you do that a price offer is a valid form of reply

but the question actually is
how to influence the asking party
to value the domain more
and to make the asking price look tiny

 

[UmerK]

thank you Umer.

my question was asking for deeper insight into the psychology of a negotiation process

a $200 USD domain name isn't worth much the discussion
and if I am willing to sell for lower then $200 USD
I should have chosen another domain to do outbound for


of course I know as much as you do that a price offer is a valid form of reply

but the question actually is
how to influence the asking party
to value the domain more
and to make the asking price look tiny

I hardly try this but being persistent, respecting their objection and countering them is key to this. It all depends on the name you are marketing, if they are geos the main selling points are 1) Great for local marketing 2) Emotional attachment to city brings in intrinsic value for the name 3) Only one of the guys in niche can own it 4) Above all its memorable as in I just like many people am more likely to remember BerlinSEOAgency compared to some other name because being a resident I am attached to the word Berline - these are just some points I raise which does not happen often, I have even sold names that people know they don't have the use for but they just want to keep the space with them and no more competitors.

The approach above is just taking geo domains as a example, If you'd consider anything lower might as well go with this followup 'I have decided to entertain all reasonable offers, What's the best you can do for abbccc.com ?

 

[frank-germany]

followups get a high open and click rate

but all I got was 2 offers at $20 USD each for my $759 USD domain offer
how to handle that?

 

[frank-germany]

I hardly try this but being persistent, respecting their objection and countering them is key to this. It all depends on the name you are marketing, if they are geos the main selling points are 1) Great for local marketing 2) Emotional attachment to city brings in intrinsic value for the name 3) Only one of the guys in niche can own it 4) Above all its memorable as in I just like many people am more likely to remember BerlinSEOAgency compared to some other name because being a resident I am attached to the word Berline - these are just some points I raise which does not happen often, I have even sold names that people know they don't have the use for but they just want to keep the space with them and no more competitors.

The approach above is just taking geo domains as a example, If you'd consider anything lower might as well go with this followup 'I have decided to entertain all reasonable offers, What's the best you can do for abbccc.com ?

thanks @UmerK
a lot of valuable hints

I am doing outbound mainly for Geos in the US right now
but started to do outbound for higher valuale names of all kind
as I am trying to learn the flow the inner mechanics of an outbound

some kind of system
that will work with most of the domains

still learning

so this is my scenario for now:

the offer is send
( would you like to own xxxx.com? )
price is not within the initial email
but on landingpage ( clickable in email )

I can see them open the LandingPage
means seeing my asking price

next they send an email asking
"how much"

or lately
"I take it for $20 USD "


so whats my next ( best ) reply?