What's your budget?

[Morph]

I just wanted to bring this up, I see it all the time and it's possibly the most unprofessional and annoying thing ever. I often drop sales if I hear that.


A) Makes me think if i say my budget is higher than their "BIN" they will jack up the price?


B) They are making no effort to valuate the domain.


C) Generally hugely annoying.


I could probably go on - Am I the only one hating the "How much will you pay?" "What's your budget?" Etc.

Now, some circumstances I can see it working IE -

"Anyone got any domains for sale?"
"Yer, what's your budget?"

But not
"How much is domain .com?"
"What's your budget?"


Am I the only one or is this largely recognized as hugely unprofessional(in cases) and annoying!?

 

[Ross]

Thats when you throw a low ball offer at them and see what happens. No one needs to know if you have a credit card or you are a millionaire.

 

[James]

What if you've never done something before (coding) and you've asked them what they're budget is.

Say i ask you what your budget is. You say $500. i might say. i'll take $250 because its a pretty easy job. It depends really.

 

[Morph]

If you don't know what to charge someone you need to research.

I can't go into a shop and buy a tie, and the cashier says, What's your budget?

 

[weblord]

i usually ask this as a seller when i'm offering virtual services ie: submission services on the internet but would not like to hear or read it when i'm the buyer. Usually here in the Philippines if you're asked like that we haggle more :lol: making it more painful to the seller.

but culture wised not unprof for me. only asked when you can still have more value for your money.

I just wanted to bring this up, I see it all the time and it's possibly the most unprofessional and annoying thing ever. I often drop sales if I hear that.


A) Makes me think if i say my budget is higher than their "BIN" they will jack up the price?


B) They are making no effort to valuate the domain.


C) Generally hugely annoying.


I could probably go on - Am I the only one hating the "How much will you pay?" "What's your budget?" Etc.

Now, some circumstances I can see it working IE -

"Anyone got any domains for sale?"
"Yer, what's your budget?"

But not
"How much is domain .com?"
"What's your budget?"


Am I the only one or is this largely recognized as hugely unprofessional(in cases) and annoying!?

 

[-REECE-]

I'm getting sick of it myself too tbh. If you're looking for endusers, just ask 10-100 times what your name's worth... No reason to waste valuable time with this make offer garbage.

 

[weblord]

because it's an established shop already while on internet all we are freelancers trying to sell and buy, don't we want more better deals with the same supplier/buyer?

without these bargaining and trading won't be that exciting?
even in established shops we also go for discounts or ask for "is there a discount"" or "is there a special offer going on?"

If you don't know what to charge someone you need to research.

I can't go into a shop and buy a tie, and the cashier says, What's your budget?

 

[Mike]

It's a difficult scenario really.
When i'm on the buying end, then i absolutely hate the question "what's your budget". At the same time, when i'm not sure how much to charge/ask for a domain, i sometimes catch myself saying "Make an offer please."

Under no circumstances whatsoever will i ever ask for someone's budget as it's pretty much the same as asking for "how much you got stashed away that i can lure out of you". The psychological effect that comes attached to "what's your budget" is purely negative and can hardly be overcome in an ongoing conversation as you've already put the buyer in a defensive position.
At least by asking for an offer, i'm hoping to get an educated opinion from the prospective buyer, without asking for his/her financial status.

M.

 

[Michael]

I don't really see it as them not bothering to figure out what the domain is worth, but rather them making an attempt to not be the first to say a price and lose the upper hand. It is a poor way to word it because it comes across that they will quote a price at or above your budget, which is frustrating.

I usually say "I'm willing to consider your best offer" to avoid giving away the upper hand when someone asks me for a price on a domain. That way it doesn't come across like I'm trying to take all of their budget and shows I'm willing to be reasonable.

I personally find it to be rude when someone approaches me to buy one of my names and they refuse to concede the upper hand and try to make me name a price first.

 

[geb9696]

It really depends on the situation. If you hold a ton of premium names and someone comes to you looking to buy names as an investment "What is you budget?" can eliminate a lot of wasted time. There is no point trying to sell an LLL.com to someone with a budget of $2,000 dollars. Like all thinks I really think it depends on the conversation. When bulk buying and selling "What is you budet?" makes sense to me.

 

[whitebark]

"What's your budget?"

"My budget is tailored to the quality of the domain name. Regfee domains qualify for my regfee budget etc."

 

[-REECE-]

It just reminds me of a guy who wants to sell to practically anyone -- but try and get as much as he can in the process...

If I have a name I'm looking for endusers on and for which I'm not interested in reselling to a domainer, I'll just tell them that.

Something along the lines of: "Domain.com is our flagship domain and defines it's niche to a tee. While we're currently exploring the possibility of developing it, we'd be willing to entertain serious offers."

What's so hard about saying something like that versus "Um, what's your budget?"

 

[weblord]

when asked like that it came in friendly because Im seeing a trader/seller concerned with how to give more value for your money, of course abusing this is another story.
as there are always scrupulous people playing on your innocence. it should be better asked by a person with a good rep/positive trader ratings.

"What's your budget?"

"My budget is tailored to the quality of the domain name. Regfee domains qualify for my regfee budget etc."

 

[cybermonkey]

I personally hate when people asking me "what's my budget?" I consider it rude and very unprofessional. "What's your best offer?" sounds much more better to me.

 

[DotWeekly]

I guess these are the same people, when you post "looking for blah blah domain" and you put, please include price. Go figure, they don't put a price and ask you to Make an offer. You send them an offer, they get pissed and don't write back?

It would of been better in the first place, if they stated a price and did some "business" to agree on a price.

BTW What's your budget! :sold:

 

[Gene]

When someone posts a request saying they want a domain that meets this and that criteria, but they don't mention what they're willing to spend, it's difficult to accommodate. I have 1200+ domains, and it takes a lot of time to go through them all to pull out domains that might meet their criteria. The problem is, if in their mind they only want to spend $100 and the names I pulled are worth much more, I've just wasted a half hour. If I knew what their budget was to begin with, I could select only the names that I'm willing to sell for that price (or lower).