But while domain selling for high is what everyone wants, not everyone WILL have it. Names that sell high like I said earlier is borne out of experience.
The experience lies in learning the ropes of what makes a good name, what people are buying, having foresight of what will be the next big thing and getting in early, being super creative, being patient enough to wait for the right buyer and maybe a sprinkle of luck.
All of them work hand in hand. You cannot have crappy names and say you are patient for the time they will sell. You get the idea?
Don't also forget you need money to scale up. People that sell often have large portfolios with decent domains. The XYZ lady is a good example. Most of them study hard, build up a list of available domains and take opportunity of occasional promos.
U1: Congrats again on this sale, although I wonder if that's what you'd like to hear given the situation.
I was wondering if you could give an idea or tips on how you price your domains.
I know someone might suggest using GoDaddy tool, Namebio, etc. I do all that but I have never managed to price a domain higher than 2,999 (and I think it's just one or two).
What do you consider before opting for those 3,000+ price tags? Thanks in anticipation.
I think experience plays a great role in pricing. Some people have really nice names but just doesn't know how much they're worth so they price low to sell. Most of those in this category actually got those names for reg fee so they figured x100, x150, etc. is a steal.
Some on the other hand have some really nice names and they know the worth so they won't sell for cheap. They set the bar high up and don't mind waiting. Meta//Payments dot co sold for £38,888 under two weeks while Meta//Avatars dot net sold for €38,000 under 4months. It will interest you to know that both of them were handregs sold by the same person in October 2021.
Another important factor to pricing is the amount of cash you've got in the bank. People ask more when they have more than enough to spend. They are not under pressure to sell. Metaverse//xyz sold for $9,888. Sportsbet//xyz sold for $104k. Wrap//xyz for $110k.
The three names were sold by the same person. The first sold early 2021 while last two sold recently. While they are all great names, the first one is undoubtedly worth more than the other two. While we can argue that metaverse hasn't blown up back then, the reason why it sold low was because she didn't ask much for it.
Going through Swetha's sales reports on Namepros, her average selling price late 2020 / early '21 was mid four figures. Fast forward to 2022, she frequently sells mid five figures. What happened you might ask? She clearly increased her prices because obviously, she has more than enough money in the bank.
A guy on Twitter sold a one word .us extension for over $420k from an initial offer of $500. His first counter offer was 10btc and despite receiving 75k, 200k, 350k, he kept turning them all down till his demand was met. How was he able to pull that off? Yes the domain might be great but he obviously has a shitload of money in his bank account.
SimpleGuy001: Sold a domain for $250 and Dan is saying they want to ask if the owner is willing to accept it at sav. So what if the owner doesn’t? What will happen?
Sapiosexuality: I agree. Any domainer that doesn't sell at least one domain name in 6 months is obviously doing something terribly wrong. And Keywords is a highly underrated aspect of domaining.
You seem pretty certain at the bolded. Well, I haven't sold anything in over 7 months and I'm pretty convinced I've made the best decision during that time. Pretty convinced I'm doing something 'terribly right'
The media force news down people's throat. I've been seeing the two names since last week but I don't even know who they are. Now I have to go look them up on Google before all this small shildren tok say I'm not updated
TheCOAS: 2023 election is certainly going be Peter Obi (if Atiku don't share dollars days to PDP primary) versus Tinubu
Point to note:
1. Igbos will massively vote PO and South South will provide at least 55-60% support.
2. 80% of Yorubas will vote Tinubu (base on omo "eni oni sedi bèbèrè ka fi ìlèkè si idi omo elomi"
3. North Central like PDP and Obi may win
4. Northeast and Northwest will decide who is next Nigeria President
5. APC may get 80% votes from North East states (except Bauchi State) due to the APC Governors performance.
6. Northwest big 3Ks[b] (Kano, Kaduna and Kastina)[/b] may go to APC due to the influence of Ganduje, Rufai and Buhari.
7. Also, any party with good Vice president candidate will also make good impact.
8. Lastly, the work is more easier for Tinubu, Obi have a lot of work to do people. No real Hausa man will feel safe in the hand of an Igbo man.
I pray the best candidate win.
I like your analysis because it's devoid of tribalistic provocations which is the norm on Nairaland. I however don't think Peter Obi can defeat Tinubu in a general election. But then, nothing is impossible in politics so let's just wait and see.
symbuul: Asides the conventional way of listing domains in marketplaces and outbounding, is there any other way(s) to increase domain exposure and potential sale?
Afternic Fast Transfer and Sedo MLS. It gives your domain a broader exposure. Registrars that support both are not much. I use Dynadot, Namesilo, and Sav.
The greens are eligible registrars. But then, someone must think of your domain and want to register it. I don't think there a lot of people typing in GEO domain names for registration.
Beansman: Good morning all, I just received the message below and I don't know if is the same as the ones you guys received, I didn't receive any mail.See d SMS below
You have been selected as a beneficiary of the Nigeria Youth Investment. Visit any of our branches or https:///3N6VLOW Call 07000226222, check your email.
IdeasPro: Within 60 days transfer lock, domain name with Sav is not eligible for fast transfer with Afternic. Their bad. You can read it at the authorization page.
Thanks for this wonderful offer. I contacted my tech guy, he told me that I will see all the information in the e-book on AisabDomains.com and Namepros FREE.
He also told me to read AwesomeDuru's and richkal's posts if I want more classic responses that are not contain in the book.
You can contact me next time you have some more valuable to sell. Lastly, for now please take me off your list.
Tochex101: Chief pls is there any tool to check former listing price of a now deleted domain?... Anyone with info should pls contribute.
archive.org helps you see online snapshots of domains in the past but it doesn't necessarily mean you will see how much a domain was priced. If you ask me, I don't think that information is relevant to how you should price your domain.
Ovodagreat1: My only qquestion is how can I get a name with an ext .xyz on expireddomain (cos according to what I read it's more cheaper about $1 ,and I just want to use it to test the water , I tried checking the .xyz name on ED and it's no where to be found ....please I will appreciate an answer thanks once again
For a newbie, I wouldn't advise anything other than dot coms. But if you're sure you've read through the thread, making your own mistake is probably the next step there is to take.
.xyz expired domains is located as shown in the screenshot below.
CaptainFM1: 130GB is #20k. But most months I still have like 70GB to 90GB left so I just roll it over into the next month with #2k or #3k. I don't know how Glo is doing it, but it's incredibly cheap and reliable for me and the household.
CaptainFM1: Sure, that's why I emphasised on finding the broadband that suits one's need. I get GLO 130GB monthly which satisfy the entire household needs including individuals phones as well as for watching TV.
Just thought of registering my real name in .xyz but saw it's been taken since 2015. Okay lemme go with my moniker but Swetha said no. Only God knows how many domain this lady has in .xyz extension.