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Selling Domains - Discussion

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all of this is very inspiring to me, whose basically new to it all and having a go :)

the above is a bit more serious than it might sound - if the market is that weak then i am not going to take any lack of sales or failings as being all a lack of ability on my side.

i have been handed a list of domains where i work. i am going through them and trying to work out what sort of companies and which companies in that field would get benefit from them. i am then approaching them.

so far a few have expressed an interest, no sales as such yet, but it has only been 10 days or so.

i think there is always going to be value in good quality domain names, the trick is in finding the people who it will be of the most value to.
 
all of this is very inspiring to me, whose basically new to it all and having a go :)

the trick is in finding the people who it will be of the most value to.

With the right type of domains in your portfolio - this has always really been the best way forward . Particularly if google throw up a dozen or so Businesses using the term in an active or better still minor extension way... It's not hard to find them but, then all the diligence checks have to done etc etc - email or letter then focusing on their benefit of taking control of the domain'' etc etc.

It all takes quite a bit of work and time to get the best possible return

But, Like many on Acorn - I get around 20 unsolicited emails a week offering me absolute crap domains that I would'nt touch if they were free to reg...In all my time in domains, about 15 years I don't recall ever being offerered a domain (unsolicited) that I would want at any price - GOD knows how many such emails bonifide businesses actually get - I dare to think
 
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cheers Bailey - I have been giving some thought to the written & posted approach, to be honest.

phoning gets a no most times, emails seldom get answered, so might as well try and get a little love from the joys of snail mail ;)
 
If you use snail mail, put some money into it.

I used to do this a lot, a nice slightly off white not quite cream or yellow, just a little off white, woven or laid paper, matching envelope, buy a picturesque/seasonal/collector stamps and use a nice crisp print and type face. I always liked Verdana for this, and always printed them on a HP printer. HP in my opinion do the best crisp text print.

A high quality paper, FEELS important, so it often gets passed the secretary and to the named person.

A little mischief can come into play too, if you head your letter with "Further to the phone call on the XXth of YY, 20XX." can get your letter if opened into the named persons hands instead of scrapped as junk.

This phone call could have been simply to obtain the name, but its important such a phone call exists don't play this if you haven't made any phone contact at all. I once lied about this and were caught out :p, they asked who I spoke to, and I said a man and it turned out it would have been a women.

If you have a grammar nazi type friend, have them look over the letter and cut your a new one. The more exact and professional the better for many people.

My response rate to letters is really quite good. I don't do it that much any more though (not enough hours when I'm 100%).
 
many thanks Skinner, confirms some of my thinking and gives me a lot of ideas as to go about how to approach this :idea::cool:
 
all of this is very inspiring to me, whose basically new to it all and having a go :)

the above is a bit more serious than it might sound - if the market is that weak then i am not going to take any lack of sales or failings as being all a lack of ability on my side.

i have been handed a list of domains where i work. i am going through them and trying to work out what sort of companies and which companies in that field would get benefit from them. i am then approaching them.

so far a few have expressed an interest, no sales as such yet, but it has only been 10 days or so.

i think there is always going to be value in good quality domain names, the trick is in finding the people who it will be of the most value to.

A lot will depend on the owners stipulations toward the prices you can negotiate. What deal has he given you 10% 50% ?
 
Like that "Further to" idea regarding a previous phone call... very flexible regarding what your refering to
 
Over the years (I actually started out in .com in 2007, years before uk) I have found that some of the best sales I had were domains nobody would've expected, or would've got 'reg fee' estimates everywhere, sometimes just go with your gut instinct if you feel a domain has value, but of course also use your head and don't reg silly domains like tm's and such.
 
a) The end-user side of the industry is better than ever. There are many 4-5 figure sales each month, most of which we do not hear about. Premium 1 worders and exact-match/brandable 2-word domains are performing head and shoulders above the rest, for obvious reasons. I will start posting more often my 2-3 word .CO.UK end user sales (most are in the £200-£800 range)

b) If you are lazy and/or do not have the time to invest, Sedo/DNS with fixed prices. Otherwise, a great business model (one with which I have had much success with) is buying domain names in the £5-£50 range and finding targeted buyers (targeted, personalized emails, sent individually to businesses) that buy in the £200-£1K range.
 
I think I am getting there with it all. 2 end user sales, 1 sale here, so I am not a complete disaster at it.

Many thanks for the tips, support and encouragement from the posters here :)
 
I tried to register with DNS and submitted about 10 .uk's

My application was rejected and they suggested I try again with a larger portfolio of names.

Anyone else tried?

John
 
I tried to register with DNS and submitted about 10 .uk's

My application was rejected and they suggested I try again with a larger portfolio of names.

Anyone else tried?

John

I've had an account for a couple of years but at the time I signed up with about 3000 names.

Maybe do what they say if you have more domains.
 
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