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Onions.com sold to enduser

Labeled as .com in Domain Selling and Domain Sales started by Riz M., Apr 4, 2019.

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  1. Riz M.

    Riz M. EmpireNames.com Gold Account

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    Bad Story of day :
    I saw 6-7 months ago Onions.com sold in Flippa private acquisition in 17000 USD the person who sold he reported he kept this name for one year he bought in 7000 USD so he made handsome profit on it ... now the person who bought onions.com on flippa he sold privately to Vidala Onions in 14k usd today
    I really want to know why he did this when enduser came to him. maybe he wanted cash ASAP? or he felt like he cant sell it anymore?
    Any thoughts guys??

    Have you bought anyname in high price and sold to enduser in low price if yes please let us know your story.
     
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  2. Peter Askew

    Peter Askew Domainer developer ICA Member VIP ★★★★★★★★★★

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    I'm the one that bought Onions.com .. Here's a short version of how it went down.

    The previous owner won the domain at Flippa in 2017. I believe - per Namebio.com - that his purchase price was $18,501.

    In May of 2018, he reached out to me regarding the auction of the domain on BizBuySell.com.

    I passed. He replied:

    "I originally was going to build out a site for all thing onions related but as of lately have too many pokers in the fire."

    He asked if I had an affiliate program for Vidalia; I told him I didn't.

    Then about 6 months later I noticed the domain up for auction again at Flippa. It had a reserve. The auction completed with a high bid around $9k from what I remember. It didn't meet reserve.

    Then in early 2019, I noticed the domain up for auction again - (I believe on Flippa again?)

    The domain received the same poor bidding response. Once the auction wound down, I reached out to see if he'd accept a $12k offer for the domain (I had his email from our previous conversation)

    He replied that he had approx $18,500 in the name, & if we could meet in the middle at $15k, it'd be a done deal. He also offered to pay Escrow fees. So I agreed, and we closed the deal on Escrow.com.

    Hope that sheds some light on this deal. It wasn't anything fancy.

    Now I'm trying to figure out what to do with the domain. My gut says it'd be a great place to sell Oranges.

    Oh, and what was that you said? You need a special gift to send to friends, family, and business contacts? Farm-fresh Vidalia Onions make a great gift. Our shipping season begins on Monday April 29th. You can place an order now and be included in the first batch that leaves the farm!

    https://www.vidaliaonions.com/
     
  3. namemarket

    namemarket Top Member VIP ★★★★★★★★★★

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    Congrats, only 15k was a steal for buyer. It should have sold for 100k or even more to a big onion seller.
     
    Last edited: Apr 4, 2019
  4. Riz M.

    Riz M. EmpireNames.com Gold Account

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    Just wanted to findout what actually happened and all is clear but my question is to all domainers if they bought anything in higher price and sold in low price ..
    let see if anyone share anything
     
  5. WatchDogue

    WatchDogue Top Member VIP

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    Appreciate the background and process of how you came to acquire that nice domain!
     
  6. Internet.Domains

    Internet.Domains Top Member VIP

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    Congrats! Awesome purchase!

    Oranges?....Really?.....It's probably the best name known to sell, well, onions, of course......
     
  7. maxtra

    maxtra Let's make a deal Gold Account VIP

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    Congrats and thanks for sharing the details (y)
     
  8. wwwweb

    wwwweb Top Member VIP ★★★★★★★★★★

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    Congrats on your purchase.

    What is so special about these onions, compared to the regular spanish onion?
     
  9. Peter Askew

    Peter Askew Domainer developer ICA Member VIP ★★★★★★★★★★

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    Thanks everyone

    Vidalias are a very mild, sweet onion. They're often called 'the caviar of sweet onions'. They're so mild, that it doesn't make your eyes tear up when it's cut open. Most of my customers eat them like an Apple.. They're exceptional raw, and even better grilled or sauteed. They can only be called 'Vidalia' if they're grown in a certain region in south Georgia USA (similiar to how Champagne is in France).

    I'll raise my hand on this one.. Years ago, I bought a package of 2 domains, RentalCondos.com and RentalVillas.com for $20k.. I intended to develop them, but that never happened. I ended up selling both separately, and I believe I netted around $17k to $18k in total. Not my best investment.
     
    Last edited: Apr 4, 2019
  10. Riz M.

    Riz M. EmpireNames.com Gold Account

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    Thanks for sharing as i am new in domaining so i didnt made any loss yet.. and hoping not to do any loss lets see :) i am in learning phase right now...
    Love to hear more domainers if they sold anything in loss we can learn.. :)
     
  11. Recons.Com

    Recons.Com Top Member VIP

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    Congrats! Great purchase.

    Onions would also make a great brand for something satiric, t-shirts etc.

    But works for ... onions too :-D

    One way is to forward to vidalia, another one is put educational info page with lots of onion articles, recipes etc. and display that the project is brought to you by vidalia onions.
     
  12. JB Lions

    JB Lions Top Member VIP

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    Nice pickup, I'm sure you'll sell it in the future for a nice profit.

    In the meantime, you could always do affiliate stuff. Some indy/affiliate programs out there. Amazon alone has over 20,000 results - https://www.amazon.com/s?k=onions&ref=nb_sb_noss_1

    Can make category killing site, like a cheese.com. Probably easier, less competition.
     
  13. biggie

    biggie Top Member VIP ★★★★★★★★★★

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    maybe the platform that it was "auctioned" on, was reason why it didn't reach expectations

    to me, some names just shouldn't be put on auction.

    it's an excellent domain name, which could have earned some ppc,
    those earnings could have closed the gap between acquisition cost and selling price.

    imo...
     
    Last edited: Apr 4, 2019
  14. namemarket

    namemarket Top Member VIP ★★★★★★★★★★

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    A problem with Amazon is they closely monitor your account and unless you have regular traffic going to the links and actual orders they will close your affiliate account however I am sure that's not an issue with great names like onion.com and cheese.com
     
    Last edited: Apr 4, 2019
  15. JB Lions

    JB Lions Top Member VIP

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    That's never happened to me or anybody I know, I've been with them 17 years. I know if you use their API, like I was thru their WP plugin and don't get sales, they can zap that, but not the other creative. It's free branding for them, even if no sales come thru your site.
     
    Last edited: Apr 4, 2019
  16. namemarket

    namemarket Top Member VIP ★★★★★★★★★★

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    It happened to me twice and the non-api sites and traffic were not that bad but clicks on links were somewhat rare and orders even rarer, not sure why so I get Amazon emails saying due to slow activity accounts closed,
     
    Last edited: Apr 4, 2019
  17. frank-germany

    frank-germany domainer since 2001 / musician Gold Account VIP

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    they do not allow direct linking
    and close your account on that
    you won't get any other afterward

    there is only 1 amazon
    don't mess it
     
  18. namemarket

    namemarket Top Member VIP ★★★★★★★★★★

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    what is direct linking?
     
  19. frank-germany

    frank-germany domainer since 2001 / musician Gold Account VIP

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    redirect of your name to the affiliate url
     
  20. otismo

    otismo Established Member

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    I am interested in otismo.onions.com

    But first must check otismosonions.com
     
  21. Soofi

    Soofi DomainX™ PRO VIP ★★★★★★★★★★

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    @eightturn Thanks for sharing some valuable insight :)
     
  22. Branded Domains

    Branded Domains Be You VIP

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    Hi
    1 . Onions/com can be a nice security services site or VPN services with extra protective layer..
    2. BlockChain
    3.eWallet ( Crypto or Secure Payment Processor)
    4.Storage ( Cloud hosting or IOT )
    5.Online eCommerce site.(Mainly for Winter Clothing)
    6.Health or Medical sector.
    7.Movies ( Movie Rentals or Booking tickets)
    8.Online Food Delivering services.....

    There are lot of possibilities......
    Best
    Regards
     
  23. RichardA

    RichardA Established Member

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    There’s an English saying ‘know your onions’. Maybe you could have ‘the’ fact checking website... wiki-like... 😉
     
  24. dande

    dande UNNATURE.COM VIP

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    You really played a fast one on this seller. I am sure he didn't know that you actually own an Onions website.

    Buyers like you do piss me off :rage::rage::rage:

    They see what they really need but pretends they are not interested.

    Congratulations on your coup d'etat
     
    Last edited: Apr 7, 2019
  25. MediaCode

    MediaCode MediaCode.com ICA Member VIP

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    But, he didn't really need Onions.com. He doesn't sell any other types of onions besides Vidalia onions and he already owns VidaliaOnions.com, the category killer name for his niche.
     

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