question Outbound Sales $

[Cdomains]

I was just wondering what your experience has been with getting higher $ amounts for domains when contacting end users with outbound email.

My experience has been it is hard to get good $ when you contact them, and you must give a price to get a good response rate.

Excluding Geo domains (which seem to always go for less than 1k, and mostly in the low $xxx) I have found it is usually hard to crack the 2k mark when you contact them.

What do you think?

 

[Jurgen Wolf]

Inbound sales are a few times higher than any outbounds (just waste of time and risk to be blacklisted).
And I disagree accordingly Geodomains... if they are real GEOs instead of *Geo*.

 

[Cdomains]

I find it hard to get a good price when you contact them.

Is that your experience?

 

[Jurgen Wolf]

Per my experience - in 99.99% of cases no any reaction at all.

 

[Jurgen Wolf]

Even if domain is auctioned on Sedo's GreatDomains - no any reaction.

 

[Jurgen Wolf]

And this is my experience from the past... before nTLDs... and before paid slots on GreatDomains (when only handpicked domains were auctioned there).

 

[trp3]

Which type of domains do usually you sell? @Jurgen Wolf

 

[Jurgen Wolf]

Acronyms and keywords (incl. GEOs) in major gTLDs and ccTLDs.

 

[trp3]

Acronyms and keywords (incl. GEOs) in major gTLDs and ccTLDs.

I only had outbound experience with .com's and .net's, however, as mentioned, it is time consuming and a bit risky of course, but can be always worth - only even when you should get 1 reply from hundreds of mails you had sent.

 

[Jurgen Wolf]

I sent ~ mid XXXX mails and don't want to send them any more.

 

[trp3]

And for me as example, I would never do outbound marketing for e.g the ccTLD where I actually live, because I know I would get completely different reactions (people from Germany knows what I mean).

 

[trp3]

I sent ~ mid XXXX mails and don't want to send them any more.

Do not give up on outbound marketing mate, it can be sometimes the better opportunity.

 

[Jurgen Wolf]

Even by phone - no sales... just "thanks..." or something similar and that's all.
Actually at now I don't have even time for such outbounds... And I don't wait for anything... I'm just working...

 

[trp3]

Try different things, create the way you sell completely new. There are enough threads here how to do outbound marketing; try them all to find your best.

If you would send 500 mails and only 1 person would reply with a 4 figure offer, would it not be worth for all that time and work?

 

[garptrader]

I received a response today (May 2016) for an outbound message I sent July 2014. They were not interested. From my experience over the years, outbound marketing is a waste of time for the following reasons:

-social media sites (Facebook, Youtube, Twitter) without a domain name are doing just fine without your domain. While your domain might be a nice to have for reg fee, they see no reason to pay $XXXX for it.

-If they already have a reg fee quality domain, it is because they place no value on domain names as brands. They just select whatever is available. Consequently they are not interested in paying more than maybe $50 for a domain name.

-The biggest challenge is the huge gap in perception between end users and domain investors regarding pricing. Companies do spend thousands and thousands of dollars on website development, marketing, professional services and other ordinary business costs. It is not insane to ask $5k for a quality domain. To many end users it is. Time spent doing outbound marketing is not free and given the low conversion rate on such efforts it does not make sense to go through such an effort just to make what you could earn in a minimum wage job - or less.

 

[Jurgen Wolf]

Please don't heal me...
Already tried all things.

 

[Cdomains]

I received a response today (May 2016) for an outbound message I sent July 2014. They were not interested. From my experience over the years, outbound marketing is a waste of time for the following reasons:

-social media sites (Facebook, Youtube, Twitter) without a domain name are doing just fine without your domain. While your domain might be a nice to have for reg fee, they see no reason to pay $XXXX for it.

-If they already have a reg fee quality domain, it is because they place no value on domain names as brands. They just select whatever is available. Consequently they are not interested in paying more than maybe $50 for a domain name.

-The biggest challenge is the huge gap in perception between end users and domain investors regarding pricing. Companies do spend thousands and thousands of dollars on website development, marketing, professional services and other ordinary business costs. It is not insane to ask $5k for a quality domain. To many end users it is. Time spent doing outbound marketing is not free and given the low conversion rate on such efforts it does not make sense to go through such an effort just to make what you could earn in a minimum wage job - or less.

You're bumming me out man.

 

[trp3]

Companies do spend thousands and thousands of dollars on website development, marketing, professional services and other ordinary business costs. It is not insane to ask $5k for a quality domain. To many end users it is. s.

... and unfortunately here is the major problem.

 

[trp3]

Please don't heal me...
Already tried all things.

I do not think so.

 

[Cdomains]

Had better success with outbound than just waiting.

 

[Jurgen Wolf]

Do you sell shoes on the street by pursuing people?
Outbound - the same behaviour...

 

[Cdomains]

Do you sell shoes on the street by pursuing people?

Yes shoes are my biggest seller.

 

[trp3]

Do you sell shoes on the street by pursuing people?
Outbound - the same behaviour...

When that shoes would fit perfectly for me and would be that great that I would use it for the rest of my life, at the same time it would save me a lot of money, why not?

I would not ask that person for his strange marketing strategy, I would just accept and be very thankful.

 

[Wannabean]

If you would send 500 mails and only 1 person would reply with a 4 figure offer, would it not be worth for all that time and work?

That's 499 people who've been spammed, had their time wasted and hate domain name investors as a result.

As you can tell I'm not a fan of of outbound. It gives is all a bad name and in no small way contributes towards the widely held belief that domain name investors are squatters.

 

[Jurgen Wolf]

And no problems - sell how you want and able to do...
As for me - passive sales are preferred and enough.