I am sure everyone gets offers they would consider to be lowball offers. People from around the world, with different experiences and budgets, want to buy domain names, and many don’t have a clue about the domain name aftermarket. They know they can spend less than $20 to buy a domain name and probably think they can pick a random domain name and buy it for $20.

Just yesterday, I was offered “$14/year” for a domain name I value into the six figures and has received many 5 figure offers. There is a certain amusement I get when I receive an offer like that which follows a much more serious offer from someone else.

Depending on who the offer is from and what they say in the message field, I may or may not respond. I don’t want to waste my time, but more importantly, I don’t want to deal with someone who is angry about the fact that my company owns a domain name they want and can’t afford.

Do you respond to lowball offers?

Giuseppe Graziano published his market report this week, and it wasn’t great news for Chinese Premium “Chip” domain names. Ray Hackney wrote about this yesterday.

I own a couple domain names that would be considered “Chips,” but I also think they are good for Western buyers as well. I don’t closely follow this market, so I wouldn’t speculate about its health or potential for future revitalization. I would be interested in knowing whether readers think the Chip market is primed for a comeback or if it will continue to fall. You are welcome to share additional thoughts in the comment section if you would like: