If you like DNray Forum, you can support it by - BTC: bc1qppjcl3c2cyjazy6lepmrv3fh6ke9mxs7zpfky0 , TRC20 and more...

 

Best answer to a potential domain buyer's request

Started by dewalds86, Oct 27, 2022, 02:25 AM

Previous topic - Next topic

dewalds86Topic starter

Hello fellow forum users,

When a potential buyer requests a price on a parking page or sets a minimum price, how do you typically initiate dialogue with them? What do you believe is the best approach to take?
Additionally, have you noticed any trends in their response to the phrase "offer your price," or do you find that a more direct approach is more effective?

Do you believe it is necessary to highlight the advantages of the domain in question when attempting to persuade buyers? How do you go about convincing them?
Would it be beneficial to include examples of successful transactions in the initial message? And what about using phrases such as "Buy it now for $3333?"

Lastly, a perhaps silly question: when referring to the age of a domain, is it meant to indicate its total age or just the length of time that the current owner has possessed it? Could one say that a domain is 5 years old if it was originally purchased 5 years ago?

Feel free to share your thoughts and experiences on these topics.
  •  


maja

It's impossible to have a perfect template for selling domains; if there were one, it would be a "loot button" of mythical proportions. Even when you do know the buyer's identity, assessing their character and abilities can be challenging.

To improve your sales strategy, you can look to behavioral psychology and neuromarketing books like "Predictably Irrational" by Dan Ariely, "The Psychology of Influence" by Robert Cialdini, and "Thinking, Fast and Slow" by Daniel Kahneman. However, developing a strategy requires a large sample size and many tests to avoid a small sample error.

Standard marketing patterns can also be utilized, such as the anchor price - a price benchmark that sets the tone for further communication- and backups, which usually have higher prices. A unique trade offer can add value to your domain, while a fear of loss tactic like time-limited offers or the presence of other potential buyers can encourage a quicker sale.

Of course, there is no guarantee that any of these methods will guarantee a sale. Remember, your approach should be tailored to your specific situation and audience.
  •  

jeromebunker

Recently, the owner of a web studio contacted me about their domain, short semantic .fr. However, the domain had a grammatical error and was not registered properly.

Despite these issues, I attempted to salvage the domain by renewing it for three years. Unfortunately, I eventually gave up and dropped it. It was then picked up by the same owner for use in an online store.

Although they could have purchased the domain for a low price, the owner refused to make a reasonable offer due to their arrogance.
  •  

eetplus

Someone requested a .de domain from me and offered 1000, which I assumed was in USD. However, the person revealed that it was actually in Vietnamese dong. Is it worth pursuing a conversation with them if the domain is valued at $1-2K?

I must ask, why the accusatory tone? Insults have been hurled at me in the past on this and other topics, and you continue to promote the idea that premium domains like yours are the only ones worth selling. It's not necessary to constantly repeat yourself and assume that your opinion has any influence over others.

In regards to your question, there's nothing particularly special about this situation. If the person values your domain at only 1000 Vietnamese dong, it seems as though you may be overestimating its worth. Did the deal end up falling through?
  •  

keith.bowman

When initiating dialogue with potential buyers who request a price or set a minimum price on a parking page, it's important to be professional and courteous. A good approach is to acknowledge their interest in the domain and express your willingness to discuss pricing options. You can then ask open-ended questions to better understand their needs and expectations, which can help guide the negotiation process.

Regarding the phrase "offer your price," it can sometimes lead to lower offers or create uncertainty. A more direct approach, such as providing a range or specific price, can be more effective in guiding the buyer's response and setting expectations. However, every situation is unique, so it may be worth experimenting to see which approach works best for you.

Highlighting the advantages of the domain is essential to persuade buyers. This can include its potential for branding, search engine optimization, target market relevance, or any other unique selling points. Tailor your message to the buyer's industry or business, showing them how the domain can benefit their specific needs.

Including examples of successful transactions or testimonials can add credibility and increase buyer confidence. It showcases that others have found value in similar domains, making it more likely for the potential buyer to consider your offer seriously.

Using phrases like "Buy it now for $3333" can create urgency and give the impression that the domain is in high demand. However, it may also limit negotiation opportunities. Consider the specific context and buyer's preferences before using this approach.

When referring to the age of a domain, it typically indicates the total age since its initial registration rather than just the length of time the current owner has possessed it. So, if a domain was purchased five years ago and has had no previous owners, it can be referred to as a five-year-old domain.

Here are some additional considerations when engaging with potential buyers:

1. Research the buyer: Take the time to understand the buyer's business, industry, and potential use for the domain. This can help you tailor your message more effectively and highlight how the domain can specifically benefit their needs.

2. Showcase domain metrics: If you have access to relevant data, such as traffic statistics, search engine rankings, or backlink profiles, consider including these metrics in your communication. It adds tangible value to the domain and can strengthen your negotiation position.

3. Build rapport and trust: Establishing a positive rapport with the buyer can go a long way in negotiations. Be responsive, professional, and transparent. Address any concerns or questions they may have promptly and confidently.

4. Explore payment options: In addition to discussing the purchase price, consider offering flexible payment options to make it easier for the buyer to afford the domain. This could include installment plans or escrow services to provide peace of mind for both parties.

5. Follow up: If initial negotiations don't lead to an immediate sale, follow up with the potential buyer periodically. They may need more time to consider or might be interested in revisiting the discussion at a later date.
  •  


If you like DNray forum, you can support it by - BTC: bc1qppjcl3c2cyjazy6lepmrv3fh6ke9mxs7zpfky0 , TRC20 and more...