What is the best way to select price option @ Sedo for the different domains to sell?

[theuniverse]

what is the best way to select price option @ sedo for the different domains to sell?

 

[theuniverse]

no replies?

 

[darkangel1988]

i guess start with a low price if that is what u'r asking about.

 

[gazzip]

no replies?

This is an recent article that sedo wrote to answer that question


By Tim Niziak, Sedo.com Key Account Manager


One of the most common questions new Sedo clients have is how to price their domain names.

Is it better to list them high in order to weed out any unrealistically low bidders, or is it better to go low in order to entice as many potential buyers as possible? Is it better to list domains at a fixed price, or will you receive more offers if they are listed at “Make an Offer”? What can a domain owner do to get the best offers possible for each domain?

There are certainly domains that have an intrinsic value and will likely be appealing to a variety of buyers, but there are countless other domains that, at first glance, might seem more niche orientated and thus, harder to sell. Reality however, is quite different. The domain game is a lot like real estate; much depends on the current market and what’s hot at the moment. Sometimes, owners will sit on their domains for years waiting for that perfect moment to sell. Other times, a domain will sell within hours of being listed with Sedo. Fortunately, despite all the intangibles in the industry, there are several pricing strategies that you as a domain owner can utilize in order to effectively market your domain names.

Suggested Price Options

While it might seem best to list your domain price as “Make Offer” to get as many bids as possible, our experience shows that the most effective pricing strategy involves a bit more than that. Choosing both the “Make Offer” option (in the “Price Option” box) and then listing a ball-park figure in the “Price” box have proven to be the most successful strategy utilized by our clients.

Typically, it is better to list a domain at a price that is lower than what you hope to actually sell it for because savvy buyers will often enter a much smaller initial offer amount than they are actually willing to pay. They do that because they know that, over the course of negotiations, they will undoubtedly be “talked up” and will end up paying more.

Of course, conversely, if you are adamant about not accepting any offers below a certain point, you can certainly list a “Minimum Offer” which will filter out any bids that are lower than that. Additionally, it is important to note that a “Fixed Offer” is the price that a seller has agreed to sell a domain for. The Fixed Offer creates a legally binding contract between buyer and seller as soon as a buyer agrees to purchase the domain for the listed amount. There is no additional offer and counter-offer negotiation between the parties.



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