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Business › Re: What To Do To Make Money Online? by tranxo(m): 8:24pm On Mar 26, 2020

2sexycom:
that is what they always do... consult internally. why did they ask if you really owned in the first place? huh?

UrVillagePpl, was this the same person that asked you if you are the owner of the name?

Business › Re: What To Do To Make Money Online? by tranxo(m): 8:47am On Mar 26, 2020

UrVillagePpl:
good morning house.
after reaching out to an end-user, I got this reply

Do you personally own this or not?

please what should be my response

Bringing this here is a big joke. I thought you have escaped Your Village People

3 Likes

Business › Re: What To Do To Make Money Online? by tranxo(m): 7:03pm On Mar 24, 2020

beckplanet:
Hello everyone, I'll be sharing a write up made on why the new brandpa policy might be a hit or miss for domainers. Stay tuned.

Peace

Make I go pop some corn and chill some Coke.

Business › Re: What To Do To Make Money Online? by tranxo(m): 7:01pm On Mar 24, 2020

2sexycom:
what was the niche bro?
Yes bro... it is same thing in different businesses. Knowing your target market or audience will determine how rich you will be eventually...

Please we should try to educate people around us on this coronavirus after extensive research. It will help because your safety is highly dependent on on the next person standing next to you. If they are ignorant, they become a threat to your life.

A niche in the real estate industry.

1 Like 1 Share

Business › Re: What To Do To Make Money Online? by tranxo(m): 3:29pm On Mar 24, 2020

Geofavor:
Considering that in your emails you quote different prices for different end users, at your lander, do you set a BIN price or just leave it at make offer?

Each name is different, and there are even different scenarios for a particular name.

First, I never quote price in my first mail. I encourage them to make an offer. Few do, most don't.

Depending on the strategy I am testing out::

Some landers, I leave at Make Offer

Some I set BIN

Before starting outbound for any name, I already have an upper limit in mind. So when setting a lander BIN, I set it higher than the upper limit I have in mind.

E.g.
If I aim for 2k upper, and 850 lower for a name, I may set a BIN of 2.6k. This way, if someone requests for price, I will start at say, 2.3k

If this person had already seen the lander, then I have already placed him in a good psychological place, which has gotten him to falsely feel he is already getting a discount.

Depending on his pocket and bargaining power, if I reduce it to 2k, he is already seeing a 600 discount without knowing I haven't even given him any real discount.

There are MANY angles to this strategy, and NONE is a sure banker. We just keep testing.

PS.
When I said I have different prices for different companies for the same name, don't get me wrong. For 50 companies, I cannot have 50 different prices. There are names I have same starting price for all outbounds. For those names I vary the price, I create about 2 or 3 price groups.

So with the above example, I may tell one group 2.6k, another 2.2k, and the other group, 1.9k.

We keep tweaking to perfection. God dey.

21 Likes 4 Shares

Business › Re: What To Do To Make Money Online? by tranxo(m): 10:38am On Mar 24, 2020

2sexycom:
i have sold for 999 in the past... tranxo sold one for 2500 i think, not sure it is 3 word but it was a geo, though he didnt disclose the name.

It was 1500, a geo, 3 words, plural, and 25 letters.

I won't say anything about those that are SUPER COMFORTABLE with, and think $350 is the standard..

My only advice to those that need some guide in pricing their GEO NAMES is to first research things like the price of that service in that particular town. Is it a one man business, or a company with several people?

E.g. A tow truck company that charges an average of $50 per tow, depending on distance, will report your pitch of $1000 as spam.

E.g. You may be selling yourself short for pitching $100 to a cosmetic surgery private practice in LA that charges clients $5k per procedure.

This is the reason I don't like harvesting emails for outbounding, cos you hardly know the companies. I prefer visiting each prospect's website, know their service cost, and price safely.

For a particular name, I may have different prices for different prospects in the same town. Outbounding is tough when done the right way (laser research).

Meanwhile, let's all be safe on this period. No handshakes, no hugs, wash hands several times a day with soap, use sanitizers too if you have them, cover your mouth with your elbow when coughing, stay away from crowds, and keep your hands away from your face. This too shall pass. Jehovah God no dey sleep.

28 Likes 4 Shares

Business › Re: What To Do To Make Money Online? by tranxo(m): 10:00am On Mar 23, 2020

Geofavor:
You used coins to submit names you don't own. Wow.

Business › Re: What To Do To Make Money Online? by tranxo(m): 6:28pm On Mar 21, 2020

Reality11:
Corona doctor/ king

If the person is here would he agree to sell it @ $250 because that was the BIN. It would be loss not gain

Business › Re: What To Do To Make Money Online? by tranxo(m): 1:27pm On Mar 21, 2020

Reality11:
I mean I've sold the name since last 2 weeks + through afternic, but I forgot to delete it from sedo where I've also listed it.

Unless you are sure you sold it to a foreigner, who knows, the current owner may be here.

Business › Re: What To Do To Make Money Online? by tranxo(m): 1:21pm On Mar 21, 2020

Reality11:
I forgot to delete a domain that I've already sold from sedo market place and I just got a mail from sedo that it has been sold on BIN and they're requesting me to proceed...

Please what would be the implications or what should I do?

Please reveal the name. Maybe someone here is the current owner. If so, you 2 can work together to seal the deal.

Business › Re: What To Do To Make Money Online? by tranxo(m): 1:20pm On Mar 21, 2020

ollybode:
If Bosses are claiming not to boss

Na so e dey do. No mind am.

1 Like

Business › Re: What To Do To Make Money Online? by tranxo(m): 9:18am On Mar 21, 2020

2sexycom:
NewBies need to read this... it will help

https://www.namepros.com/threads/what-makes-a-domain-valuable-or-not-in-2020.1181932/

Thanks boss

1 Like 1 Share

Business › Re: What To Do To Make Money Online? by tranxo(m): 6:29am On Mar 18, 2020

BrandPa with new updates. Seems new sellers will be accepted now. Listing fee remains $5 for old folks but $8 for new sellers.

https://sellers.brandpa.com/big-changes-for-brandpa/

3 Likes 1 Share

Business › Re: What To Do To Make Money Online? by tranxo(m): 10:17am On Mar 14, 2020

alawi5k:
Someone want to push domain to me via dynadot? I want to know whether forum name is same with username? Kindly help a newbie.

They are 2 different things

Business › Re: What To Do To Make Money Online? by tranxo(m): 6:41pm On Mar 12, 2020

priceaction:
How will you respond to this outbound after make offer?After offer made: They gave offer 3k, countered 3500....
No reply for 4 days...
after 4 days.... We have deliberately suspended the deal until summer time because we can't avoid the quoted price now, we could not raise what we initially quoted or your offer...
We have 1500 for now or we buy at the quoted price by summer time?
Some Mediators are getting wiser..

Let them know they can pay in installments. Maybe 6 - 9 months. Is it geo or brandable?

11 Likes

Business › Re: What To Do To Make Money Online? by tranxo(m): 9:04pm On Mar 11, 2020

SH partners with Sedo

4 Likes 1 Share

Business › Re: What To Do To Make Money Online? by tranxo(m): 7:40pm On Mar 08, 2020

nomoless:
Please guys don't save your unregistered names on your PC or phone, just an advice, would have loved to expatiate but can't do too much typing and arguments

Hmmm. Let me just watch and see how this one will end.

2 Likes

Business › Re: Mike Adenuga's House In BANANA ISLAND, Lagos (Photo) by tranxo(m): 9:06pm On Mar 06, 2020

FiremanP:
Which is his building sef?

All the brown roofs. (No pun intended)

Business › Re: What To Do To Make Money Online? by tranxo(m): 6:09pm On Mar 04, 2020

Depressed101:
Godaddy just canceled all my domains. And asked for my identification documents when i tried to login into my account...

Do you have more than 1 account with them?

Business › Re: What To Do To Make Money Online? by tranxo(m): 7:14pm On Mar 03, 2020

How was it resolved?

UrVillagePpl:
Thanks, it's been resolved

Business › Re: What To Do To Make Money Online? by tranxo(m): 6:41pm On Mar 03, 2020

UrVillagePpl:
Please I need response

Have you chatted with SH help desk? Click the blue button.

1 Like

Business › Re: What To Do To Make Money Online? by tranxo(m): 4:12pm On Mar 03, 2020

IdeasPro:
We may call it reverse progress business principle. That is when village people are at work! Seriously!

Lol. You are the boss.

1 Like

Business › Re: What To Do To Make Money Online? by tranxo(m): 2:03pm On Mar 03, 2020

DNSPro:
Its not about just knowing your name. Theses guys you compare yourself with have good paying jobs. Or you think someone still scratching bottom of a pot can pay $3.5k to acquire a domain name?

As much as we all want to dream big, do not forget your reality while dreaming big.

That YOU are still scratching bottom of pot does not mean everyone that comes here on Nairaland does the same. I know those here that spend minimum of $500 to buy a domain name. You also believe nobody here has good-paying jobs? Go figure!

It is so unfortunate that some of you missed to grab the lessons that were SO OBVIOUS from the post I shared.

So, what I said about developing negotiation skills is nothing? And your mind couldn't wrap around the fact that someone that initially low-balled at $200 finally bought the name at $20,000? Doesn't this tell you that many buyers are experienced BUSINESS MEN that KNOW their onions, AND for YOU to survive the mind games, bluffs/counter bluffs, and psychological intimidation, YOU NEED to step up your game.

See the big picture. I have always been a proponent of not selling ourselves short. Mind you, I am not saying we should buy high and sell low (which business principle is that even?). If YOU buy a name for $10, list is for $600, and accept the FIRST $150 that comes along, without even countering, something is wrong somewhere.

I never wanted to respond to the first person that veered "off-course" when he quoted me on this, but I needed to say this 'cause it's starting to feel like throwing diamonds to swine.

Next time IF I happen to share more resources, I will break them down in kindergarten format.

Shalom

7 Likes 1 Share

Business › Re: What To Do To Make Money Online? by tranxo(m): 6:41am On Mar 03, 2020

KNOW your name.

From $200 initial offer to $20,000 buy price. (Now see the counter offer) grin

I once said in this thread that we should go and read up/learn about effective negotiation skills

Domaining, when seen as a business, CAN help us develop many business skills.

Good morning all.

18 Likes 3 Shares

Business › Re: What To Do To Make Money Online? by tranxo(m): 7:52pm On Mar 02, 2020

ElonMosque:
You can submit an UNREGISTERED domain with SH coin. You have probably submitted some and they are reviewing them.

I believe this is only if you choose the option that you are willing to register the name yourself.

1 Like

Business › Re: What To Do To Make Money Online? by tranxo(m): 6:11pm On Mar 01, 2020

emmydsife:
@tranxo, thank you for this report. It is soul lifting to keep pushing. Please how can one submit SH name for the afternic expanded promotion. Thanks

They said the normal cost per submission is 4 coins ($4), but it's currently discounted to 2 coins ($2) per submission.

2 Likes

Business › Re: What To Do To Make Money Online? by tranxo(m): 9:34pm On Feb 29, 2020

KayceeBanks:
P.S. I'm new to this stuff.

Then start reading from Page 1.

3 Likes

Business › Re: What To Do To Make Money Online? by tranxo(m): 8:12pm On Feb 28, 2020

beckplanet:
Congratulations bro.
Nice write up, so after afternic commissions squadhelp also took 10% commission of initial sale price. Wawuu.

Lol, na so. It all depends on the original SH comm approval. Since Afternic's comm is constant at 20%, SH is then entitled to whatever difference between that and their comm. Actually at the end of the day, the total comm will still equal to the original SH approved comm.

And that's where the trust and integrity of SH sellers come to play. The return of the 10% to SH. Lol

2 Likes

Business › Re: What To Do To Make Money Online? by tranxo(m): 7:59pm On Feb 28, 2020

I only get inspired to share my sales report, when any of my sales has some story around it. So I will share this one

Bought on Namepros on November 19, 2019 for $16. Seller said he once submitted it as unregistered name at SH but it was rejected. (I wonder the reason he decided to go ahead and register it anyway grin

)

Submitted to SH same day and it was approved for Premium Listing for $2399 (I think I raised it to above 3k like I always do all my approved PLs)

FFWD to 2020 when SH partnered with Afternic for it's Expanded Promotion. I submitted it (and all my premium listings) on February 2nd for Afternic approval with 2 coins ($2) and listed on Afternic same day. I jacked up the price to $4.5k on SH and set it at $5k at Afternic.

February 19, an email from an Afternic/Godaddy Sales Exec. landed informing that he had an offer he had worked on for my name and buyer offered $3k. I decided to see if I could get the buyer to go higher. The sales guy told me buyer started from $2k, and with his pushing, got to $2.5k, then $3k, and that THEY would look for another domain.

I decided to apply the silent treatment. This lasted for about 15 hours. I can prove stubborn sometimes, but my guts whispered to me that this is DEFINITELY NOT, and SHOULD NOT be one of such times.

I sent him a 4-word reply - (How do we proceed?)

Cutting the long story short, I adjusted the BIN on Afternic to $3k (also on SH cos price on SH MUST always be less or equal to the price on Afternic). Buyer paid same day February 20. I pushed name to Afternic's Epik escrow account immediately. Took them 3/4 days to verify the funds and send to me. $2,374 (less 20% $600 Afternic commission and $26 bank charge) hit my dorm account on Feb. 25.

I informed SH about the sale. Now based on SH agreement, since the name was originally approved for 30% SH comm., I will need to pay SH their own share of 10% ($300). So at the end of the day, my take home is $2,070

I entered GTB today and withdrew the whole cash over the counter.

Domain name is B-O-L-D-L-E-M-O-N in king

Grace brought me this far.

PS:

This is my first Afternic transaction, and it appears they won't release fund to seller, until buyer accepts domain push/transfer. I found this strange 'cos escrow as I understand it means once the escrow agent has both product and payment, there shouldn't be any delay in disbursement.

On NP, I have seen cases where buyer didn't accept push/transfer for weeks and Afternic held on to seller's fund.

Well, seems my buyer acted fast enough. All's well that ends well.

PS2:
If ONLY sales report motivates you in this business, YOU WILL NOT LAST LONG. You can take this to the bank!!!

62 Likes 8 Shares

Business › Re: What To Do To Make Money Online? by tranxo(m): 12:02am On Feb 28, 2020

ElonMosque:
Bro, do you actually reg 3 word geo domains? I see them as too long o.. or it doesn't matter?? I mean they can be more than 18 characters

TexasHandyMan is just 13 letters. (Just saying)

1 Like 1 Share

Food › Re: Cook In Your Kitchen, Take Pictures And Post It Here. SIMPLE! by tranxo(m): 3:46pm On Feb 27, 2020

Got it. Thanks

LadySwitz:
While the pan frying with your chopped tomatoes and onions...u pour in ur already beaten eggs in the pan..wait a bit for 3-4secs before u start scrambling (mixing quickly) together with the sauce.

@the emboldened...yea. With that the egg gets to coagulate a bit b4 scrambling.

Pls, Did I confuse you?

Food › Re: Cook In Your Kitchen, Take Pictures And Post It Here. SIMPLE! by tranxo(m): 2:47pm On Feb 27, 2020

Please teach me how to scramble eggs as perfectly as this

LadySwitz:
Yam lovers how far?

Kisses to y'all.

Photo C: Peggy Zaggy

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