domain Please Appraise: SpinePain.com

[videoexpert]

I bought a 16 year old domain from NameJet for $3,000 (SpinePain.com) and my wife saw I spent our savings and is pissed.
Any ideas on how I can sell a domain like this quickly? Can I even make a profit on this domain?

I am very discouraged right now so I appreciate any advice and tips. Thanks!!!

 

[-Joe-]

As an end-user who frequently buys names like this for developing, there's no way I'd pay more than $60 for this.

2.4k exact searches, and a contextual CPC of less than $2. Meh.

EDIT:

I will offer the OP $1k for this domain right now

TAKE THIS OFFER.

 

[DU]

2.4k exact searches, and a contextual CPC of less than $2. Meh.

I'm sure that's the first question any potential end user is going to ask...

What's the CPC on this?

meh, indeed.

I might pay more for NoSpinePain.com though

 

[Keith]

I like the domain in the $500 - $1k range. Beyond that it's a huge risk IMO.

 

[wwwweb]

As an end-user who frequently buys names like this for developing, there's no way I'd pay more than $60 for this.

2.4k exact searches, and a contextual CPC of less than $2. Meh.

EDIT:

TAKE THIS OFFER.

Tell me where you can get 16 year old, 2 word .com's for $60 all day, and everyday, you are a domainer end user, big difference from an actual professional end user who doesn't trade domains all day.

Many companies are purchasing shortners for their current domains, as they can get them, as with anything, it all co,es down to cost, and value. A doctor with 6 figures in billings, can easily absorb a few k domain cost, it is not out of the question....... It doesn't look like domain has been paid for as of yet?

 

[Bannen]

SpinePain is regged in at least 10 TLD's, and Spine-Pain in at least 5, all by different people and at different times; also there are literally dozens of websites using this term as PART OF THEIR DOMAIN NAME, like lowerspinepain.com, spinepaindocs, spinepaininc, spinepainspecialists, etc etc etc.
I agree that 3K is considerably high for a reseller, but it is such a desirable term and has so many end users already using the term in their domain names, that I could see it selling for a minimum of 2.5K to an end user. Since it is doctors/clinics, and these have a little more cash and desire to advertise their specialty well, could easily bring in the mid to high x,xxx range.

High reseller price was paid, so of course it leaves a lot less meat on the bone for profit in a sale... but I don't think it's even slightly unrealistic to profit well by this one.

OP, even consider offering member Bmugford, or others like Federer or EndUserKing who are talented with end user sales, to broker this for you in return for a percentage of the sale. I'm good with end user sales, but not expert like them, and I could confidently profit by this one even with that purchase price of 3K.

Nice name

Welcome to Namepros; hope this name does well by you

 

[-Joe-]

Tell me where you can get 16 year old, 2 word .com's for $60 all day, and everyday, you are a domainer end user, big difference from an actual professional end user who doesn't trade domains all day.

Many companies are purchasing shortners for their current domains, as they can get them, as with anything, it all co,es down to cost, and value. A doctor with 6 figures in billings, can easily absorb a few k domain cost, it is not out of the question....... It doesn't look like domain has been paid for as of yet?

I've found that you get the majority of age benefit after ~1 year, and almost the maximum at ~5. .com adds to the value, definitely. A two word domain for such a niche term, though, does not. If anything, it decreases it, as it's less of a 'buying' keyword. I rarely trade domains, the main aspect of my business is PPC affiliate marketing & SEO - domaining takes up a very very small percentage.

Agreed, you could luck out and find some chiropractor with little knowledge of domains & their profitability, but there are domains like this all the time. I'd assume that the main method of selling a domain like this would be to a client? Personally, selling a domain for a few k to a client that will make them close to diddly-squat, is a business move that'll lose your business with them.

 

[DU]

...

 

[wwwweb]

I've found that you get the majority of age benefit after ~1 year, and almost the maximum at ~5. .com adds to the value, definitely. A two word domain for such a niche term, though, does not. If anything, it decreases it, as it's less of a 'buying' keyword. I rarely trade domains, the main aspect of my business is PPC affiliate marketing & SEO - domaining takes up a very very small percentage.

Agreed, you could luck out and find some chiropractor with little knowledge of domains & their profitability, but there are domains like this all the time. I'd assume that the main method of selling a domain like this would be to a client? Personally, selling a domain for a few k to a client that will make them close to diddly-squat, is a business move that'll lose your business with them.

Names to end user are not always about income, like your business as you stated is affiliate income, sometimes it is about the vanity of the name, if you have a domain you are using such as SPINE PAIN KEYWORD.com, and you are a professional in a business that brings in 6-7 figures a year, you will want to consider owing the SPINE PAIN .com domain. End users are catching on, and only one can own the .com, the consumer would put a lot more credibility weight to their website simply based on the vanity of the domain. It is instant credibility, you still have to provide the end product, but it helps to hook the client.

 

[JB Lions]

It's funny reading some of the reg fee comments, as if chiropractors don't have any money to spend. Simple Google search and you see: spinepains.com, spineandpain.com, spinepaindocs.com, spinepaininc.com, spinepainny.com etc, that's just in the first 2 pages. End users? How about thousands of them, 50,000+ from looking, 44% of them self employed. I'm sure, if you try, you can find at least one of them that can part with a measly $3,000.

 

[videoexpert]

Thanks everyone for your comments. Based on the comments, it seems only way I can sell this is to contact individual chiropractors directly.
Is their call centers or anything that can contact a massive amount of chiropractors in a short amount of time?

 

[Bannen]

Thanks everyone for your comments. Based on the comments, it seems only way I can sell this is to contact individual chiropractors directly.
Is their call centers or anything that can contact a massive amount of chiropractors in a short amount of time?

There is a huge thread here on finding end users and how to deal with them:
http://www.namepros.com/domain-name-discussion/68798-how-to-find-potential-end-users.html

Scan down it and collect a few tips. Basically google your term, collect a large list of email addies of anyone you think may be interested. Write a very short form letter, personalize it whenever you can so it doesn't look like a form letter. Get contact names wherever you can, in addition to their email addy, send it to a person. Do not bulk email, send one by one. Something extremely short and simple, professional, no hype, like:

Hello xxxxx
I am selling my domain name xxxxxxxx.com.
I look online for possible interested parties, those of you whose website/s may benefit from a premium and descriptive domain like this, and I email you one at a time. If you're not interested in this domain, thank you for your time and I won't email you again.

If interested, please respond and I will walk you through the negotiation, selling and transfer process of this domain name.

Thank you,
[your name, phone and/or whatever you want to sign with. Including your phone does help considerably when dealing with premium names, as yours is, and with professionals, as your end users are. When dealing with reg fee names and questionable end users, including phone # can be an invitation for people to bother you, so I wouldn't risk it. Just my opinion/experience.]

That's a bare bones letter, I always try to personalize it a bit according to their site and business, but my letters are never longer than the above.

I can write for an hour on this process, but do some reading in that thread I linked above. Or, as mentioned, maybe hire one of the expert end user sellers here at NP and have them broker it for you.

GL

 

[HiFiNames.com]

Enduser may pay 3k IMO. (ReSellers may pay 1K at max)
But you have to do some homework. Just locate endusers.
I have sold lot of domains to endusers ( Even all are hand regd. Even I had sold .org also @ 1.5K on hand regd domains)

Don't feel sad. Work smart to get back your money. Or even with profit.

Nothing bad with the domain. But there are very good alternatives available for 3K. Thats rocky

 

[Kate]

I know you are looking to liquidate the domain quick but you need to make sure the domain is not in auction lock.
For example, domains won through Namejet that are registered with Enom are locked for 6 weeks and cannot be transfered to somebody else in the meantime. During that period the name can be redeemed by the previous owner.
In your case, this would be a good scenario...

Now I see your domain is with Network Solutions, so perhaps there is no lock period or a shorter one.
It's always best to check that the name can be readily transfered to a potential buyer - when you have found one.

 

[bmugford]

Now I see your domain is with Network Solutions, so perhaps there is no lock period or a shorter one.
It's always best to check that the name can be readily transfered to a potential buyer - when you have found one.

Network Solutions does not have an auction lock.

I frequently transfer NameJet wins out right away.

Brad

 

[Fonzie]

Yeah okay dude keep telling yourself that, if you had any experience dealing with end users then you wouldn't be hyping the OP over a reg fee domain he got sucked into. Not a single end user would pay anywhere near the price tag he paid.

You valuation of this domain is so off that I'll just unsubscribe myself from this thread so I don't have to read anymore silly appraisals over a reg fee domain name.

LMAO that you've been registered on this site since 2005 and think this is a reg fee domain.

You should tell that to the people who own:

spinepain.com Taken
spinepain.org Taken
spinepain.net Taken
spinepain.me Taken
spinepain.tv Taken
spinepain.in Taken
spinepain.info Taken
spinepain.co Taken
spinepain.eu Taken
spinepain.us Taken
spinepain.biz Taken
spinepain.co.uk Taken

... or the 183 other domains that incorporate "Spine Pain" into their string, or the businesses forking over $200 Adwords/edc to advertise on P1 for "Spine Pain" or the 18K global phrase-match searchers...

OP, there's a reason this domain went off for $3K. If you overspent relative to your personal finances that's your own problem, but god only knows I've blown a few grand on crap a LOT worse than SpinePain.com.

That is a very nice domain.
I'd suggest consulting with an experienced domain name broker and having him go to work.
You might make out like a bandit, I'd be shocked if you came out any less than even.

And the fact that you have a member who's been here for seven f***ing years telling you that SpinePain.com is a reg fee names demonstrates just what kind of crowd remains at Namepros.

You people had better be thankful Brad still hangs around here.
He's damn near all you got left.

 

[videoexpert]

What Broker Do You Recommend?

That is a very nice domain.
I'd suggest consulting with an experienced domain name broker and having him go to work.
You might make out like a bandit, I'd be shocked if you came out any less than even.

And the fact that you have a member who's been here for seven f***ing years telling you that SpinePain.com is a reg fee names demonstrates just what kind of crowd remains at Namepros.

Thank you for your post! I am new and I am sorry if this is a very dumb question... what does everyone mean when they refer to "reg fee names"?

Who is a good broker that is highly motivated to sell domain names? Has anyone had any good experiences with a particular broker or have any recommendations?

 

[Fonzie]

Oops. I didn't read carefully enough.

 

[DU]

In the case of the OP, he spent a considerable sum of money on a very good domain on the aftermarket.

He is the OP, numnut. This attention to detail is one of the things that makes NP look bad, don't ya think.

Elliot has a broker section. Not sure if it's valuable or not...
http://www.elliotsblog.com/work-with-a-domain-broker-1024

 

[Fonzie]

He is the OP, numnut. This attention to detail is one of the things that makes NP look bad, don't ya think.

No, it just makes me, personally, look like a flaming retard. It has nothing to do with Namepros (although it doesn't do much to allay the stereotype that this place is filled with dumba**es )

OP, I'll PM you a couple suggestions later.

 

[carob]

Thank you for your post! I am new and I am sorry if this is a very dumb question... what does everyone mean when they refer to "reg fee names"?

Who is a good broker that is highly motivated to sell domain names? Has anyone had any good experiences with a particular broker or have any recommendations?

Hi Sedo.com offer a brokering service. Check their reputation for yourself.

Registration Fee is abbreviated to regfee and is domainer shorthand for "domain is worth no more than the cost of the registration fee" of a previously unregistered name, say $10.

Did you buy this name out of personal interest, as an investment, as a gamble? Just curious, and curious about what the actual sale price was at Namejet.