discuss Some Say; "Good Domains Sell Themseves"

[ThatNameGuy]

Since I became a member of Namepros just four months ago, I've heard several members say; "Good Domains Sell Themselves" to which I say Bulloney!

For anyone to truly be successful in this business, one needs to aggressively and passionately market their own domains, ie., ABS or Always Be Selling.

There are plenty of good domain names that will never sell simply because they never get exposure, or very little at best. "Average" domains, which most domainers own, can be sold profitably with the right expsoure.

The best advice I can recommend is to identify what industry your domain represents; ie, healthcare, financial, sports and entertainment, social real estate etc., and market your domain directly to potential buyers in that industry. To simply list it on any site, and hope that someone will come along and buy it is ludicrous. Yet this is the way I've been told to sell....how sad

Wake Up domainers! It's time to realize how screwed up this industry is, and do something about it. I'm doing my part, how about you?

 

[Recons.Com]

Ah yes, but opportunity stares at you all now squarely in the face. If only in 2018 you know how to spot an altcoin that will go up 100-10000x.

Or will burn out and will cost nothing... The problem with coins is that more and more pop up diluting their overall value and competing for the overall demand for cryptocurrencies.

 

[elevator]

Good domains do sell themselves; for sure! So be it in every market, and that does not say you can not market your properties, if you so wish to market them . It is one scenario to be able to wait for end users and it is another scenario if you are impatient to wait for the time and suitable price for your name.

Good domain sells themselves; does not mean it could sell at any given price but you must come to a suitable agreement with each other to be able to close any deal.

Good domain names sells themselves; does not mean quick selling as soon as you get them! even short domains may not sell immediately unless you are not looking for end users.

Good domain sells themselves. meant getting inbound mails from time to time and you decide on whom to sell your domain to, based on price.

 

[lambo.com]

Or will burn out and will cost nothing... The problem with coins is that more and more pop up diluting their overall value and competing for the overall demand for cryptocurrencies.

Sure, many will burn out and be worth nothing like most domains owned by people on NamePros. People were registering junk .com in mid 1990s too. Even the 1st domain name out of all the possibilities is pretty lame. Symbolic would have been better.

So yes, many will fail but quality and the opportunity of a generation is here now. I was a young boy in mid 1990s and am the right age and experience level to have a good go at this now.

CryptoPros in 2022 or whatever will have lots of shoulda woulda couldas on their forum as they reflect on the early days. This is still Crypto Gen 1.

 

[ThatNameGuy]

Good domains do sell themselves; for sure! So be it in every market, and that does not say you can not market your properties, if you so wish to market them . It is one scenario to be able to wait for end users and it is another scenario if you are impatient to wait for the time and suitable price for your name.

Good domain sells themselves; does not mean it could sell at any given price but you must come to a suitable agreement with each other to be able to close any deal.

Good domain names sells themselves; does not mean quick selling as soon as you get them! even short domains may not sell immediately unless you are not looking for end users.

Good domain sells themselves. meant getting inbound mails from time to time and you decide on whom to sell your domain to, based on price.

Elevator...maybe its a matter of semantics, but unless you put a for sale sign in front of your house, I don't care how "good" a house you have, it isn't going to sell. Also, unless you run adds and actively promote the sale of your "good" house, you still may not sell it. Make sense? ie, even "good" domains don't sell themselves.

 

[namezest]

Hmm, not if it's not offered for sale anywhere and it's private. So choose spam or no spam and decide where to list that is best for you.

 

[ThatNameGuy]

Hmm, not if it's not offered for sale anywhere and it's private. So choose spam or no spam and decide where to list that is best for you.

So putting a for sale sign in front of your house is Spam? Wow!

 

[elevator]

Sure, many will burn out and be worth nothing like most domains owned by people on NamePros. People were registering junk .com in mid 1990s too. Even the 1st domain name out of all the possibilities is pretty lame. Symbolic would have been better.

So yes, many will fail but quality and the opportunity of a generation is here now. I was a young boy in mid 1990s and am the right age and experience level to have a good go at this now.

CryptoPros in 2022 or whatever will have lots of shoulda woulda couldas on their forum as they reflect on the early days. This is still Crypto Gen 1.

No! Compare domain names to any sexy woman, men will always look for sexy women;you know men don't wait to know if you have husband or not. Such are good domain names, interested persons will always look for good domain names. Even if you are not parking or put for sale on them, those that likes or need your domains will still find you. Unless you don't have killer domains.
For exmaple; home.com, car.com, jet.com, hotel.com, forsale.com, domainname.com, sexy.com, sexylady.com, findhome .com, homes.com etc are good domain names. Those are the types of domain names that sells themselves.
Cheers.

 

[lambo.com]

No! Compare domain names to any sexy woman, men will always look for sexy women;you know men don't wait to know if you have husband or not. Such are good domain names, interested persons will always look for good domain names. Even if you are not parking or put for sale on them, those that likes or need your domains will still find you. Unless you don't have killer domains.
For exmaple; home.com, car.com, jet.com, hotel.com, forsale.com, domainname.com, sexy.com, sexylady.com, findhome .com, homes.com etc are good domain names. Those are the types of domain names that sells themselves.
Cheers.

lol, ok mate

 

[MR Harrist]

every women realize! they are not sexy! so in order to closed the deals! they have to use some kind of methods! imagine if she just sit and wait! I am sure most of them will be rusty!
lol

my point is, if you sexy! sure you sell by it self! but if not! do anything! or you'll loose!

 

[elevator]

every women realize! they are not sexy! so in order to closed the deals! they have to use some kind of methods! imagine if she just sit and wait! I am sure most of them will be rusty!
lol

my point is, if you sexy! sure you sell by it self! but if not! do anything! or you'll loose!

OK! Nice

 

[Recons.Com]

Elevator...maybe its a matter of semantics, but unless you put a for sale sign in front of your house, I don't care how "good" a house you have, it isn't going to sell. Also, unless you run adds and actively promote the sale of your "good" house, you still may not sell it. Make sense? ie, even "good" domains don't sell themselves.

The 4L I sold this month for $15K net, was not posted for sale. Sedo broker was hired to contact me, ask if it is for sale, negotiate etc. So, yes, good names can sell without any "for sale" sign. However, just posting across marketplaces might increase the odds of a sale for a good name at a fair price from under 0.5%/year to 1%-2% range (for a popular tld).

 

[BarryDavis]

I agree that good names sell themselves. There are over 1 billion domain names. The vast majority of them are worthless. Think about all the domain names that you see for sale and then take the time to realize how few names you actually buy. The ones you buy stand out some way. On the flip side the great names have value to a greater number of people. More bidders. The name sells itself.

 

[BarryDavis]

The 4L I sold this month for $15K net, was not posted for sale. Sedo broker was hired to contact me, ask if it is for sale, negotiate etc. So, yes, good names can sell without any "for sale" sign. However, just posting across marketplaces might increase the odds of a sale for a good name at a fair price from under 0.5%/year to 1%-2% range (for a popular tld).

 

[BarryDavis]

I actively inquire about names that are not for sale. If I waited for them to list the name I couldn't afford them. If you only buy what is offered for sale you're missing out on names you probably would really like to own.

 

[BrandMart]

There are no 'good' domains. What you think is a 'good domain', may be average or of no interest to others. There are domains which are 'good' for ones business. If you find that 'one person' who needs your domain, your domain becomes a valuable asset.

If someone wants a specific name, they will find it. If you have it, they will come to you. You don't have to do outbound, just play the waiting game.

 

[lock]

I can applaud your determination and aggressive sales can work I sold new cars for years. However the idea is to have what someone wants bad enough to pay. A domain of the right merit is better than a feeder domain to help an existing site owner. With a domain you either have exactly what someone wants or a choice. By reaching out to potential buyers you either have something of an improvement or a domain capable of supplying feeder traffic
with strong keywords. The highest price is achieved when you receive an offer from a landing page so the merit of the domain is what in fact draws the customer. Over all your strategy creates turn over but you might also sell a domain to fast for good margin missing a mass margin if domain is of true quality.

 

[ThatNameGuy]

There are no 'good' domains. What you think is a 'good domain', may be average or of no interest to others. There are domains which are 'good' for ones business. If you find that 'one person' who needs your domain, your domain becomes a valuable asset.

If someone wants a specific name, they will find it. If you have it, they will come to you. You don't have to do outbound, just play the waiting game.

BrandMart...I'm 70 years old young, and according to my gene pool, my waiting game is just 25 years While some of my domains may sell just hanging out, others will be introduced to end users who don't even know they exist. I luv to use the expression, "I wasn't born yesterday", and it's 50 years of experience, success, and yes failure that tells me the exact opposite of the statement "good names sell themselves" .

Thanks for the exposure BrandMart....I'm Greatful

 

[garptrader]

Domain investors view domains as potential brands and/or a means of generating leads for a business. The challenge domain investors face is that the general public does not place much value on domain names. There is generally speaking a huge value perception gap between what domain investors view a domain's worth and what the potential domain buyer is looking to spend on a domain name. Most end users view domains as a $50 or less commodity. How would most of us react to a price quote of $XXXX or higher for a haircut or to have someone cut our front yard or for a pair of tickets to a movie? So many small businesses and developers when faced with the domain they want being priced multiples of what they believe they should pay for a domain name opt for a low-quality option - alt TLDs, hyphenated domains, four-word domains or maybe even a nTLD. Outbound marketing to individuals who do not value domain names as brands or tools for lead generation is not going to generate favorable results. While the published outlier sales are an interesting read, being more realistic with pricing is going to increase one's odds of generating portfolio turn.

 

[joro001]

From my own experience in selling to end users the best position for you to be in is getting an inbound inquiry as others have mentioned you have the upper hand, they are approaching you to buy your asset. It's also incredibly hard for enough offers to come in regularly enough and sell at a net profit factoring in renewals, acquisition costs, time spent etc. but that's another matter, most portfolio owners i'm positive are in the red.

Having done outbound I can say you do good sales from it if you find the right company/person but for me I have always felt on the back foot as it's me reaching out to them. Just one domain as an example I sold trackersoftware com very recently with outbound at what was a reasonable price (lowish 4 figures net) but had the buyer contacted me I would have quoted much higher and been far less accommodating with price.

I believe there are those who don't feel that way with outbound but on a personal level I always feel at a disadvantage for negotiations and I thus don't like doing it. I like doing it even less for lower value names (reg fee type names) as long term I don't feel it's sustainable without burning out to sell those $350 type names, too much hard work for the effort involved.

That's my experience anyway.

 

[ThatNameGuy]

Domain investors view domains as potential brands and/or a means of generating leads for a business. The challenge domain investors face is that the general public does not place much value on domain names. There is generally speaking a huge value perception gap between what domain investors view a domain's worth and what the potential domain buyer is looking to spend on a domain name. Most end users view domains as a $50 or less commodity. How would most of us react to a price quote of $XXXX or higher for a haircut or to have someone cut our front yard or for a pair of tickets to a movie? So many small businesses and developers when faced with the domain they want being priced multiples of what they believe they should pay for a domain name opt for a low-quality option - alt TLDs, hyphenated domains, four-word domains or maybe even a nTLD. Outbound marketing to individuals who do not value domain names as brands or tools for lead generation is not going to generate favorable results. While the published outlier sales are an interesting read, being more realistic with pricing is going to increase one's odds of generating portfolio turn.

Garp...thanks for sharing. Many of my domains aren't meant for the small business owner. They're meant more for leaders in the finance inudstry, the healthcare industry and the residential and commercial real estate industries. These industries can afford to pay tens of thousands of dollars for domains, and I plan to exploit those industries to the best of my ability. Most of my domains are more suitable for lead generation, and I'm willing to let them try it for a monthly fee with an option to buy. Take a domain like refund.loans or even taxrefund.loans, I'd be willing to work a sweet deal with an H & R Block, a Jackson Hewitt or a Liberty Tax Service (actually Liberty Tax is headquartered here in Va. Beach, and I'm pretty sure I have a good chance to get to the founder John Hewitt who was the Co-Founder of Jackson Hewitt, and the the founder of Liberty Tax).....damn, I just thought of that....and to think, they're right here in my backyard.

Finally, I will say to you, many of the small Mom and Pop type businesses may not be able to afford 10K for a domain, but they can afford $25, $50 or maybe even $100 a month for a domain that generates leads and ultimately sales. They're not looking for me, but I'll be looking for them. Stay tuned, and thanks for again.