discuss Outbound really does...

[DanBingham]

Pay off if you do your research and target those end users correctly. I will be the first to admit that I could do more outbound, and perhaps if you asked me now, this is certainly a focus of mine for next year. Even so, I NEVER send out loads of emails, probably 1-5 emails a day to a selective few.

Last night for example, I sent 5 emails out to a number of end users in a niche area, and it took me no more than 20 minutes. Today, I received a response from one end user offering me $400 for the name. It was a UK name.

It really does go to show that if you have the right name, do your research, and target your end users correctly, things WILL happen. How you communicate in your intro email is also vitally important - but I guess that comes naturally to me.

Perhaps, I should select another name, and do exactly the same tonight!

 

[xynames]

I get $1000. offers constantly. Still say no to most.
https://www.namepros.com/threads/if...meone-offered-me-a-1000-for-a-domain.1055040/
My cost basis is not the reason I say no. I’m making almost pure profit at that $1000 price, but my domains were mostly acquired many years ago. Current value of domain is reason I say no. This goes double for $399. offer.

I don’t care if you got your domain for $8. If it’s worth more than $399. don’t sell it for $399.

 

[Pepto]

That's where my detailed research comes in. I always send direct to company owners if I can, or failing that one of the company directors. If I position the email correctly, they normally reply back saying that they have forwarded my email. Never generic info@ or sales@ emails as this is unprofessional and just doesn't look good. They nearly always get binned anyway.

I then do a separate search for each name (through various sources) to find out role/position within the company. I spend quite a bit of time researching because actually I quite enjoy it.

Going to take this info and run. When i send out emails it's usually to the generic support pages or info. Unfortunately my desktop broke down so i'm really struggling to get any kind of work done on a small laptop.

Any tips on negotiating as a whole.? I have received offers and knocked them back with a counter when in reality i should have sold as financially i would have been up x amount of %. I'm trying to get the art of the deal as trading or negotiating in other fields has never been difficult for me but when it comes to domaining it's a whole different level.

For example i was offered £xx amount on a reg fee a few weeks back. I sent an email response saying thank you but unfortunately this offer is too low for what i am prepared to sell it at (background crypto-domain when crypto really started rallying) I had also stated that i was in contact with other crypto sites which i was about purchasing the domain. I responded with feel free to make a counter offer.

End user was not interested made an offer and left it at that. Just to be clear i'm not in it for the squeeze or to be greedy but it's something that is bothering me after i sold my first domain with the option to negotiate and took the first offer i told myself i wont let that happen again unless it's ridiculous.

 

[DanBingham]

Any tips on negotiating as a whole.? I have received offers and knocked them back with a counter when in reality i should have sold as financially i would have been up x amount of %. I'm trying to get the art of the deal as trading or negotiating in other fields has never been difficult for me but when it comes to domaining it's a whole different level.

For example i was offered £xx amount on a reg fee a few weeks back. I sent an email response saying thank you but unfortunately this offer is too low for what i am prepared to sell it at (background crypto-domain when crypto really started rallying) I had also stated that i was in contact with other crypto sites which i was about purchasing the domain. I responded with feel free to make a counter offer.

End user was not interested made an offer and left it at that. Just to be clear i'm not in it for the squeeze or to be greedy but it's something that is bothering me after i sold my first domain with the option to negotiate and took the first offer i told myself i wont let that happen again unless it's ridiculous.

Negotiating can be and often is the hardest part. The trick is to try and not leave too much room for negociation otherwise you increase the risk of losing the sale. As mentioned earlier, I find its always easier to go in with a BIN price that's realistic to generate interest. I have also factored in small room for negociation.

I steer away from sending offer only emails as this can be very much an open book. You can pretty much guarantee that any offer you receive will be lowball. You need to give your potential buyer some indication that's why for me, BIN works well. They know how much I am looking for, it generates interest, and gives them the impulse to buy.

If the price is about right, and you allow some/little room for negociation, you WILL improve your chances of clinching the deal. Make sure you approach every new email as an informal introduction, and stay well clear of templated scripts.

 

[Pepto]

Negotiating can be and often is the hardest part. The trick is to try and not leave too much room for negociation otherwise you increase the risk of losing the sale. As mentioned earlier, I find its always easier to go in with a BIN price that's realistic to generate interest. I have also factored in small room for negociation.

I steer away from sending offer only emails as this can be very much an open book. You can pretty much guarantee that any offer you receive will be lowball. You need to give your potential buyer some indication that's why for me, BIN works well. They know how much I am looking for, it generates interest, and gives them the impulse to buy.

If the price is about right, and you allow some/little room for negociation, you WILL improve your chances of clinching the deal. Make sure you approach every new email as an informal introduction, and stay well clear of templated scripts.

Will keep you posted i think the hardest part is setting a BIN.