Why domainers are so cheap?

Discussion in 'General Domain Discussion' started by -EM-, Mar 16, 2017.

Replies:
60
Views:
2,502

  1. -EM-

    -EM- Top Member VIP ★★★★★★★★★★

    Joined:
    Oct 29, 2006
    Posts:
    3,064
    Likes Received:
    1,459
    Hello,
    I was really surprised about what happened to me recently. I had a domain which I got an lowball offer on flippa about 9 months ago.. It was a $30 from a domainer. I contacted him back and asked $100 (as a reseller price), but at the end we did not agree.
    Yesterday, I was checking my domains expiration and noticed that domain was expired so I quickly renewed it. Within a few hours the same domainer made an offer on flippa again, but this time $20. IMO, it was clear, this domainer was waiting for the domain to expire and get it from the dynadot expired domain marketplace (the domain is registered at dynadot). This time I asked $200 just for fun as I'm sure it will not be sold.
    Still, I don't understand, why wait 9 months to get the domain when the asking price was low, why domainers are so cheap?
     
    The views expressed on this page by users and staff are their own, not those of NamePros.
  2. Silentptnr

    Silentptnr PRYCR.COM Business Account VIP

    Joined:
    Aug 25, 2015
    Posts:
    8,605
    Likes Received:
    17,506
  3. wayne wooldridge

    wayne wooldridge Established Member

    Joined:
    Jun 2, 2015
    Posts:
    530
    Likes Received:
    707
  4. Jurgen Wolf

    Jurgen Wolf MyNumber.One VIP

    Joined:
    Aug 29, 2008
    Posts:
    5,039
    Likes Received:
    3,302
    Most bidders at Flippa are not a domainers...
    This platform is mainly used by SEO-guys and lowball webmasters...
     
  5. atinc

    atinc ∴ Entrepreneur ∴ Business Account

    Joined:
    Dec 28, 2016
    Posts:
    1,194
    Likes Received:
    2,220
    WHAT IS THE NAME OF YOUR DOMAIN?
     
  6. deez007

    deez007 The More I Learn The Less I "Know" VIP

    Joined:
    Dec 14, 2010
    Posts:
    6,967
    Likes Received:
    13,127
    Lol...yeah the cheap ba@stards haven't grabbed any of the domains on my signature yet at rock bottom prices... :)
     
  7. platey

    platey Active Member VIP

    Joined:
    May 21, 2016
    Posts:
    1,566
    Likes Received:
    1,666
    Anyone would think they like to buy. Coms for less than $1 because obviously a good. Com is not worth $10 until having bought it for $1 then it's value becomes $30k + instantly lol
     
  8. eyedomainous

    eyedomainous Top Member VIP ★★★★★★★★★★

    Joined:
    Nov 30, 2005
    Posts:
    1,571
    Likes Received:
    783
    Because, like your sig promoting Websites For Sale Starting at $10, Cheap is what you're selling.
     
  9. deez007

    deez007 The More I Learn The Less I "Know" VIP

    Joined:
    Dec 14, 2010
    Posts:
    6,967
    Likes Received:
    13,127
    Edit....retracted
     
  10. maven

    maven Established Member

    Joined:
    Aug 23, 2016
    Posts:
    19
    Likes Received:
    58
    I think a better question would be "Why I keep renewing domains that I can't sell for $100?"

    I sincerely believe that :(
     
  11. DomainVP

    DomainVP Domain Expert Business Account VIP

    Joined:
    Jun 24, 2013
    Posts:
    3,082
    Likes Received:
    11,088
    It's not about being cheap, it's mostly hubris on behalf of the IT 'web guy' who frequents flippa.

    Most companies aren't aware that their IT guy is terrible at domain name acquisitions, it's a job for the sales department. However, most companies also have no idea that their sales people have zero knowledge of domains and tech.

    As for domainers...

    I can only speak for myself in saying that I'm not cheap, but I will either haggle you down or wait you out before I pay any asking price.

    Every dollar another domainer gets from me is a dollar I will have to fight against during the next auction.
     
  12. eyedomainous

    eyedomainous Top Member VIP ★★★★★★★★★★

    Joined:
    Nov 30, 2005
    Posts:
    1,571
    Likes Received:
    783
    ...
     
    Last edited: Mar 16, 2017
  13. -EM-

    -EM- Top Member VIP ★★★★★★★★★★

    Joined:
    Oct 29, 2006
    Posts:
    3,064
    Likes Received:
    1,459
    That's true!
    This is not relevant. I get rid of the domains I don't want by selling them cheap or dropping them. I think anyone does it. It is not the point of the thread!
    I don't know. Maybe we all make mistakes?!
    Well, if I want a domain and the asking price is $100 and my offer is at last 1/3 of the asking price, I'd but the domain at some point without waiting time.
    If you are confused than you should rest a little. lol
     
  14. -EM-

    -EM- Top Member VIP ★★★★★★★★★★

    Joined:
    Oct 29, 2006
    Posts:
    3,064
    Likes Received:
    1,459
    [​IMG]
     
  15. atinc

    atinc ∴ Entrepreneur ∴ Business Account

    Joined:
    Dec 28, 2016
    Posts:
    1,194
    Likes Received:
    2,220
    What is the possible end use for this domain?

    If you believe on its potential I strongly suggest you to develop it.
     
  16. imadoer

    imadoer Active Member PRO VIP

    Joined:
    Jan 19, 2015
    Posts:
    3,515
    Likes Received:
    2,720
    why domainers are so cheap?

    We are all trying to buy low and sell high.
    The less money u have into a domain the more room you have to make money.
     
  17. eyedomainous

    eyedomainous Top Member VIP ★★★★★★★★★★

    Joined:
    Nov 30, 2005
    Posts:
    1,571
    Likes Received:
    783
    Point is if your "selling cheap" you attract 'cheap domainers'. Is that not relevant?

    Me? I've been on NP for a year longer than you (12 years) and have yet to sell cheap (I may have tried once or twice years ago -but when the cheapest I would go got no takers (so I agree with you), I decided to only drop... and let the higher priced aftermarket be a value benchmark within a category I have other names in.

    Also, note I responded to your sig that says 'websites @ $10', not 'domains'.
    in addition, it appears you missed the Deez post he retracted, so you were confused by my reply.
     
    Last edited: Mar 16, 2017
  18. dordomai

    dordomai Active Member VIP

    Joined:
    Jan 1, 2011
    Posts:
    2,353
    Likes Received:
    2,777
    They want to buy low and sell high, that's why :)
     
  19. platey

    platey Active Member VIP

    Joined:
    May 21, 2016
    Posts:
    1,566
    Likes Received:
    1,666
    Domainers are a mixed bunch from the seasoned professional that's been in the industry from its beginning to the business accounts that regularly sell to end users etc and have customers that will pay a good fair price and so such they can pay a half decent price when buying from a domainer and there are the hobby domainers that are in a job they'd like to get out of and see just testing the water by buying an occasional $10 here and there to see if they can sell a domain at all
     
  20. KINGOF.TOP

    KINGOF.TOP Owner of ▲ the most expensive domain of all time. Business Account VIP

    Joined:
    Jun 23, 2015
    Posts:
    5,060
    Likes Received:
    9,179
    Because... ...they (we) are DO¥£IN€₹$*

    *DOMAINERS
     
    Last edited: Mar 16, 2017
  21. frank-germany

    frank-germany Business Member Business Account VIP

    Joined:
    Jun 21, 2015
    Posts:
    4,376
    Likes Received:
    4,254
    you are targeting the wrong market thats for sure
     
  22. Cdomains

    Cdomains Active Member VIP

    Joined:
    Oct 15, 2015
    Posts:
    2,066
    Likes Received:
    3,319
    I think that is it in a nutshell.
     
  23. Kate

    Kate Thinking inside the Box™ VIP ★★★★★★★★★★

    Joined:
    Aug 7, 2005
    Posts:
    18,341
    Likes Received:
    15,327
    The difference between $30 and $100 isn't big. If the name is good enough, I just pull the trigger and I don't look back.

    Domainers lack confidence in their own trade. You can see that when they are reluctant to buy a name for their portfolio website, even for $$$. But they want to sell names for $,$$$ to end users.
    They also do not account for the their time like they should. Time is money and it is in short supply.
    I think they are greedy too. They think that they are not having a good deal until they have screwed you, and that leaving money on the table for the other party signals weakness. I am old-fashioned, but I prefer win-win business, especially with fellow domainers because a good deal paves the way for more transactions in the future.

    I think I have a word to depict those characters but it's not an English word.
     
  24. -EM-

    -EM- Top Member VIP ★★★★★★★★★★

    Joined:
    Oct 29, 2006
    Posts:
    3,064
    Likes Received:
    1,459
    Well, I decided not to be involved too much in domaining. You are still missing the point. I am not complaining about the low offer, I am just pointing out this trange way of doing business, Again, I don't care about receiving low offers, I just look the way people do business. I removed the sig, if that was an issue...
    I agree
    Totally agree!
     
    Last edited: Mar 16, 2017
  25. platey

    platey Active Member VIP

    Joined:
    May 21, 2016
    Posts:
    1,566
    Likes Received:
    1,666
    Many a million has been made by store owners selling items for a quid but to volumes of repeat customers but domains are more like luxury items I suppose
     

Want to reply or ask your own question?

It only takes a minute to sign up – and it's free!

Share This Page

Loading...