₦airaland Forum

Promxy94:
Everyday isn't Christmas...

Sometimes we get it wrong, sometimes we get it Right.

But the major thing is never to give up.

I drop this short story of my negotiation gone wrong. Someone might learn one or two or might decide not to learn from it.

I registered a Geo domain name and placed the amount of low $xxxx

Reached out to the only buyer for the domain name and he replied with a mid offer of $500 which I posted here sometimes last month.

I rejected and said $1000 is my last.

He didn't reply anymore.

I called him, and his workers picked since its was a general office line, I introduced myself and told them, why I was calling. They quickly kept me on hold to forward the call to him the boss, and he was happy to speak to me and we talked for over 10mins and he said he could now only pay $300.

I talked him into paying $550 That am considering the economy hardship on businesses, caused by the covid pandemic.

He accepted and asked me to forward the link.

I dropped the call and forwarded the link but he didn't reply immediately, but later he replied me and copied his team members and said his team refused the payment that they could only pay $300.

I rejected his offer and told him if not $550, no deal.

His team member then messaged, and told me am being gready for a name I have no use for, and registered with few bucks, and even told them the renewal was less than 10bucks.

That I should accept their generous offer of $300.

I replied him that I am not doing anything less than what I agreed with their Ceo.

Infact am changing my price and hiking it. Even if the domain never sells.


I called the office number again and someone picked and when I explained myself they said I should wait for the Ceo and kept me on hold, but after some minutes they said he wasn't on seat.

Negotiation gone wrong.

Did I regret my actions, answer is no
People may think am ok or having sales,that's why I behaved like that towards the offers, but the truth is for sometimes now am lacking sales, as am experimenting a new technique.

#GODGRACEGOTME
#MYGODLIVES...

I admire your negotiation skill bro. But please where did you tell them you were calling from?
What did the supposed ICT guy tracked in your mail.
Abeg give me small sense. Thanks

pls is it necessary to add intermediary bank details in afternic payment form? if there is pls what should one input?

Promxy94:
I believe I have spilled too much for an unsold name.

Please don't stop bro, we're learning something great from this single negotiation of yours. Please answer my own question too.
Please

Sales Report in the past 3 months

Rejuvida//dot//com

Sold Price : $2000
Reg Fee : $6.95(Sav)
Received : $1400 after commissions deduction
Sold Venue : SquadHelp
Sale Type : Inbound
Hold Time : 3 months

Innotera //dot//com

Sold Price : $1799
Reg Fee : $5.99(Dynadot)
Received : $1295 after commissions deduction
Sold Venue : SquadHelp
Sale Type : Inbound
Hold Time : 6 months

I've been a bit away for while because of project activities and other stuffs I'm handling outside Domaining so had little time to participate or focus on the industry activities that much.

On the sale of rejuvida that is a bit rare sale for a name with such combo because, "Vida" means life in Spanish and Portuguese and doesn't go well with most words, I guess the synergy between the prefix "Reju" which relates to "Rejuvenate" and "Vida" or "Life" made me pick up the name.


To summarize how the market have been so far, it's been pretty slow year majorly because of the pandemic effect and a slow progression in recovery by all sectors of global economy, hence most marketplaces have been dead for me this year, Afternic have been non-existent for me all year long probably because of alot of changes going on there this year and also because of my portfolio price increase there at the beginning th year with just 2 sales all year long, Dan have been pretty average too with just a Sale more than Afternic for me and with a portfolio of over a 1000 names listed names in both platforms, Squadhelp have been slow but pretty okay for me with roughly 7 sales this year with a current portfolio of 400 premium names.
BrandBucket have been overly ineffective for me all year long with just 1 sale there and over 120 names.
Brandpa have been under achieving with 0 sales in the past 18 months with just 23 names.
Just joined the new brand marketplace Alter and can't make much about them although currently owns around 200 names there and it's been 2 months there but nothing serious other than a lucky $700 sale for a name that was originally listed for $2000 but sale came as a make offer which I accepted... So can't make much of that.

So far so good is been a pretty unusual year with a mix of different factors influencing the market, but in all I give all the Glory to God who has been faithful.

Peace

beckplanet:
Sales Report in the past 3 months

Rejuvida//dot//com

Sold Price : $2000
Reg Fee : $6.95(Sav)
Received : $1400 after commissions deduction
Sold Venue : SquadHelp
Sale Type : Inbound
Hold Time : 3 months

Innotera //dot//com

Sold Price : $1799
Reg Fee : $5.99(Dynadot)
Received : $1295 after commissions deduction
Sold Venue : SquadHelp
Sale Type : Inbound
Hold Time : 6 months

I've been a bit away for while because of project activities and other stuffs I'm handling outside Domaining so had little time to participate or focus on the industry activities that much.

On the sale of rejuvida that is a bit rare sale for a name with such combo because, "Vida" means life in Spanish and Portuguese and doesn't go well with most words, I guess the synergy between the prefix "Reju" which relates to "Rejuvenate" and "Vida" or "Life" made me pick up the name.


To summarize how the market have been so far, it's been pretty slow year majorly because of the pandemic effect and a slow progression in recovery by all sectors of global economy, hence most marketplaces have been dead for me this year, Afternic have been non-existent for me all year long probably because of alot of changes going on there this year and also because of my portfolio price increase there at the beginning th year with just 2 sales all year long, Dan have been pretty average too with just a Sale more than Afternic for me and with a portfolio of over a 1000 names listed names in both platforms, Squadhelp have been slow but pretty okay for me with roughly 7 sales this year with a current portfolio of 400 premium names.
BrandBucket have been overly ineffective for me all year long with just 1 sale there and over 120 names.
Brandpa have been under achieving with 0 sales in the past 18 months with just 23 names.
Just joined the new brand marketplace Alter and can't make much about them although currently owns around 200 names there and it's been 2 months there but nothing serious other than a lucky $700 sale for a name that was originally listed for $2000 but sale came as a make offer which I accepted... So can't make much of that.

So far so good is been a pretty unusual year with a mix of different factors influencing the market, but in all I give all the Glory to God who has been faithful.

Peace

You've done well. Well done

ElonMosque:
Congrats bro!

Thanks man

Sapiosexuality:
Congrats man.

Thanks man

beckplanet:
Sales Report in the past 3 months

Rejuvida//dot//com

Sold Price : $2000
Reg Fee : $6.95(Sav)
Received : $1400 after commissions deduction
Sold Venue : SquadHelp
Sale Type : Inbound
Hold Time : 3 months

Innotera //dot//com

Sold Price : $1799
Reg Fee : $5.99(Dynadot)
Received : $1295 after commissions deduction
Sold Venue : SquadHelp
Sale Type : Inbound
Hold Time : 6 months

You're doing well boss, Congrats on your sale and thanks for inspiring us to keep pushing

Beckplanet... I appreciate you.. Congratulations on your amazing sales..

Promxy94:
Everyday isn't Christmas...

Sometimes we get it wrong, sometimes we get it Right.

But the major thing is never to give up.

I drop this short story of my negotiation gone wrong. Someone might learn one or two or might decide not to learn from it.

I registered a Geo domain name and placed the amount of low $xxxx

Reached out to the only buyer for the domain name and he replied with a mid offer of $500 which I posted here sometimes last month.

I rejected and said $1000 is my last.

He didn't reply anymore.

I called him, and his workers picked since its was a general office line, I introduced myself and told them, why I was calling. They quickly kept me on hold to forward the call to him the boss, and he was happy to speak to me and we talked for over 10mins and he said he could now only pay $300.

I talked him into paying $550 That am considering the economy hardship on businesses, caused by the covid pandemic.

He accepted and asked me to forward the link.

I dropped the call and forwarded the link but he didn't reply immediately, but later he replied me and copied his team members and said his team refused the payment that they could only pay $300.

I rejected his offer and told him if not $550, no deal.

His team member then messaged, and told me am being gready for a name I have no use for, and registered with few bucks, and even told them the renewal was less than 10bucks.

That I should accept their generous offer of $300.

I replied him that I am not doing anything less than what I agreed with their Ceo.

Infact am changing my price and hiking it. Even if the domain never sells.


I called the office number again and someone picked and when I explained myself they said I should wait for the Ceo and kept me on hold, but after some minutes they said he wasn't on seat.

Negotiation gone wrong.

Did I regret my actions, answer is no
People may think am ok or having sales,that's why I behaved like that towards the offers, but the truth is for sometimes now am lacking sales, as am experimenting a new technique.

#GODGRACEGOTME
#MYGODLIVES...

Bro u shud hVe let it go at the initial offer

Liftkid:
Brother, thanks for checking on me. I dey kwa, how una dey for here kwanu ?

You're welcome bro, it been a while hearing from you, we're all doing well, pushing hard to make a break through

Parzival001:
Bad negotiation? Please I'm still learning.
Need y'all opinions. BIN was $299

Not a pro. But using this technique would close you the sale almost 100% times by God grace if the buyer is really serious. As I have closed like 5 sales with same method recently.

First when you receive an offer.... don't accept it. All offers I have accepted straight...buyers ran with the speed of light.

Secondly don't get attached or emotional to a Geo domain...even if it's 50usd just sell and buy other names it's all about flipping not investment as in BRANDABLES.

Finally, when you receive an offer say 100 for a 299 Geo bin name. Already the buyer as shown you his card, as in his pocket size. Now you don't go straight and accept.

You counter with say 117, 125, 133, 145 137 etc.. Then you tell him:

"I already received higher offer. Send me your best offer and I will consider".

Most times the End user will accept and buy straight or will send an offer that he can afford. Then you accept. And move to next domain.


Example below: the Bin was 555

Hello guys. Am in a dilemma as to where to list some of my domains. I have some couple of names that got accepted on Squadhelp, BrandBucket and Alter. Can anyone share his success rate with the market places as this may help in choosing which marketplace to list the domains.
Thanks

Learner47:
Not a pro. But using this technique would close you the sale almost 100% times by God grace if the buyer is really serious. As I have closed like 5 sales with same method recently.

First when you receive an offer.... don't accept it. All offers I have accepted straight...buyers ran with the speed of light.

Secondly don't get attached or emotional to a Geo domain...even if it's 50usd just sell and buy other names it's all about flipping not investment as in BRANDABLES.

Finally, when you receive an offer say 100 for a 299 Geo bin name. Already the buyer as shown you his card, as in his pocket size. Now you don't go straight and accept.

You counter with say 117, 125, 133, 145 137 etc.. Then you tell him:

"I already received higher offer. Send me your best offer and I will consider".

Most times the End user will accept and buy straight or will send an offer that he can afford. Then you accept. And move to next domain.


Example below: the Bin was 555

Bro thank you for this in-depth analysis.
More sales to you!

Boss

beckplanet:
Sales Report in the past 3 months

Rejuvida//dot//com

Sold Price : $2000
Reg Fee : $6.95(Sav)
Received : $1400 after commissions deduction
Sold Venue : SquadHelp
Sale Type : Inbound
Hold Time : 3 months

Innotera //dot//com

Sold Price : $1799
Reg Fee : $5.99(Dynadot)
Received : $1295 after commissions deduction
Sold Venue : SquadHelp
Sale Type : Inbound
Hold Time : 6 months

I've been a bit away for while because of project activities and other stuffs I'm handling outside Domaining so had little time to participate or focus on the industry activities that much.

On the sale of rejuvida that is a bit rare sale for a name with such combo because, "Vida" means life in Spanish and Portuguese and doesn't go well with most words, I guess the synergy between the prefix "Reju" which relates to "Rejuvenate" and "Vida" or "Life" made me pick up the name.


To summarize how the market have been so far, it's been pretty slow year majorly because of the pandemic effect and a slow progression in recovery by all sectors of global economy, hence most marketplaces have been dead for me this year, Afternic have been non-existent for me all year long probably because of alot of changes going on there this year and also because of my portfolio price increase there at the beginning th year with just 2 sales all year long, Dan have been pretty average too with just a Sale more than Afternic for me and with a portfolio of over a 1000 names listed names in both platforms, Squadhelp have been slow but pretty okay for me with roughly 7 sales this year with a current portfolio of 400 premium names.
BrandBucket have been overly ineffective for me all year long with just 1 sale there and over 120 names.
Brandpa have been under achieving with 0 sales in the past 18 months with just 23 names.
Just joined the new brand marketplace Alter and can't make much about them although currently owns around 200 names there and it's been 2 months there but nothing serious other than a lucky $700 sale for a name that was originally listed for $2000 but sale came as a make offer which I accepted... So can't make much of that.

So far so good is been a pretty unusual year with a mix of different factors influencing the market, but in all I give all the Glory to God who has been faithful.

Peace

itzzkhaliii:
pls is it necessary to add intermediary bank details in afternic payment form? if there is pls what should one input?

pls someone should help me out.

Osnami:
Hello guys. Am in a dilemma as to where to list some of my domains. I have some couple of names that got accepted on Squadhelp, BrandBucket and Alter. Can anyone share his success rate with the market places as this may help in choosing which marketplace to list the domains.
Thanks

A : Very successful with Squaldhelp but not successful with
Brandbucket or Alter Market

B : Very Successful with Brandbucket but not successful with
Squaldhelp or Alter

C : Successful with both market place and slightly Alter.


That's your answer..

beckplanet:
Sales Report in the past 3 months

Rejuvida//dot//com

Sold Price : $2000
Reg Fee : $6.95(Sav)
Received : $1400 after commissions deduction
Sold Venue : SquadHelp
Sale Type : Inbound
Hold Time : 3 months

Innotera //dot//com

Sold Price : $1799
Reg Fee : $5.99(Dynadot)
Received : $1295 after commissions deduction
Sold Venue : SquadHelp
Sale Type : Inbound
Hold Time : 6 months

I've been a bit away for while because of project activities and other stuffs I'm handling outside Domaining so had little time to participate or focus on the industry activities that much.

On the sale of rejuvida that is a bit rare sale for a name with such combo because, "Vida" means life in Spanish and Portuguese and doesn't go well with most words, I guess the synergy between the prefix "Reju" which relates to "Rejuvenate" and "Vida" or "Life" made me pick up the name.


To summarize how the market have been so far, it's been pretty slow year majorly because of the pandemic effect and a slow progression in recovery by all sectors of global economy, hence most marketplaces have been dead for me this year, Afternic have been non-existent for me all year long probably because of alot of changes going on there this year and also because of my portfolio price increase there at the beginning th year with just 2 sales all year long, Dan have been pretty average too with just a Sale more than Afternic for me and with a portfolio of over a 1000 names listed names in both platforms, Squadhelp have been slow but pretty okay for me with roughly 7 sales this year with a current portfolio of 400 premium names.
BrandBucket have been overly ineffective for me all year long with just 1 sale there and over 120 names.
Brandpa have been under achieving with 0 sales in the past 18 months with just 23 names.
Just joined the new brand marketplace Alter and can't make much about them although currently owns around 200 names there and it's been 2 months there but nothing serious other than a lucky $700 sale for a name that was originally listed for $2000 but sale came as a make offer which I accepted... So can't make much of that.

So far so good is been a pretty unusual year with a mix of different factors influencing the market, but in all I give all the Glory to God who has been faithful.

Peace

Good one! Congrats to the recent sellers! You all are an inspiration!
Great sales to us.

itzzkhaliii:
pls is it necessary to add intermediary bank details in afternic payment form? if there is pls what should one input?

What do you mean by intermidiary bank details? What payment method are you using already?

Afternic has 3 to 4 payment methods the last time i checked which includes 'PayPal', 'Wire Transfer' Good as Gold and 'eCheque'(which is similar to wire transfer)
But the most preferred options for Nigerians is 'PayPal' or 'Wire Transfer'
For PayPal option you'll need an exchanger
For wire transfer you'll need you full bank details, bank swift code(which differs depending on the bank in use) and your address.

I hope that helps.

Peace

Beckplanet : last time, you said your portfolio size on Squaldhelp was around 175 premium names and today you've over 400 premium names 225 increase ...massive

Notwithstanding Brandbucket and Alter... Omo

Are you related to Keith De Boar..?

beckplanet:
What do you mean by intermidiary bank details? What payment method are you using already?

Afternic has 3 to 4 payment methods the last time i checked which includes 'PayPal', 'Wire Transfer' Good as Gold and 'eCheque'(which is similar to wire transfer)
But the most preferred options for Nigerians is 'PayPal' or 'Wire Transfer'
For PayPal option you'll need an exchanger
For wire transfer you'll need you full bank details, bank swift code(which differs depending on the bank in use) and your address.

I hope that helps.

Peace

THANKS ALOT BOSSS REALLY APPRECIATE YOUR RESPONSE. WIRE TRANSFER TO BE PRECISE, GT BANK.BELOW THE BANK DETAILS TO FILL THERE Was an option for that , i dont know if its needed

TheSTreetman:
Beckplanet : last time, you said your portfolio size on Squaldhelp was around 175 premium names and today you've over 400 premium names 225 increase ...massive

Notwithstanding Brandbucket and Alter... Omo

Are you related to Keith De Boar..?

Lol, not really bro. Have been building my portfolio in the last 6 months and Recently bought a SH portfolio from another domainer at reseller price, but surprisingly not much have changed as the Sales through Rate (STR), have not improved the way I would have expected due to name addition.
I feel better off in terms of STR When I had around 100+ names to now as size haven't reflected on output and I feel squadhelp is experiencing some marketplace saturation at the moment... With over 65k names in their marketplace that is a big jump from 12k names they had as at early last year and this marketplace saturation might be affecting sales. It was easier to sale a name last year their with a portfolio size of 36 names than it is right now. (Just my observation) and on alter I simply had to Resubmit all my names there to see what they like, but I still don't trust the marketplace yet until I start seeing actual results.
Lol, Keith de Boar is a man I revere so much in the industry but not related

Peace

beckplanet:
Lol, not really bro. Have been building my portfolio in the last 6 months and Recently bought some portfolio from another domainer, but surprisingly not much have changed as the Sales through Rate (STR), Have not improved the way I would have expected.
I feel better off in terms of STR When I had around 100+ names to now as size haven't reflected on output and I feel squadhelp is experiencing some marketplace saturation at the moment... With over 65k names in their marketplace that is a big jump from 12k names they had as at early last year and this marketplace saturation might be affecting sales. It was easier to sale a name last year their with a portfolio size of 36 names than it is right now. (Just my observation) and on alter I simply had to Resubmit all my names there to see what they like, but I still don't trust the marketplace yet until I start seeing actual results.
Lol, Keith de Boar is a man I revere so much in the industry but not related

Peace

boss are all the namee ED picked cos you said you like names that were already used b4

itzzkhaliii:
THANKS ALOT BOSSS REALLY APPRECIATE YOUR RESPONSE. WIRE TRANSFER TO BE PRECISE, GT BANK.BELOW THE BANK DETAILS TO FILL THERE Was an option for that , i dont know if its needed

Alright simply fill in the details above, the bank intermidiary info is not necessary.
Swift code for Gtbank is : GTBINGLA
For the other bank details you can use the address of the Gtbank Headquarters in Lagos or any other Area you want.

Peace

toby345:
boss are all the namee ED picked cos you said you like names that were already used b4

At least 80% the rest I pick from here and there. Like New trends, Hand reg or buying at reseller prices from fellow domainers at namepros (Once in a while though)

And the real bosses decided to pay us a visit today. Twale to everyone watering this thread.

We grow.

ElonMosque:
I thought you’ve read a fair amount of pages on this thread....

lol

TheSTreetman:
They should remove your name and put mine there.. I deserve to be Boss. I claim it.

But wait oooh... How can Tranxo be a HUGE motivation to you??

E shock you too.

Names available for handreg Today.

NampaRoofing.com
NashuaDivorceLawyer.com
MoversKirkland.com
TuscaloosaRoofer.com
DentistPaterson.com

I hope these help someone since I don't have money to reg any yet.

Bosses in the house. Pls if you need help with outbounding your domains. I am available to help. Kindly PM me.