Daily Poll: Thoughts on the Sale Price of FidgetSpinner.com?

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I receive Sedo’s weekly domain name sale report, which was published by TheDomains.com last night. One sale from the last week that stood out to me was the $2,000 sale of FidgetSpinner.com, a domain name that was created less than two years ago.

Fidget spinners are (popular) spinning toys that can supposedly reduce stress and anxiety. The toys were super popular over a year ago, although that popularity seems to have dwindled quite a bit. In light of this, I am curious if you think the $2,000 sale price of FidgetSpinner.com via Sedo was cheap, expensive, or a fair price for the domain name. Share your opinion in the poll below:

Daily Poll: When Should a Domain Name be Reported as “Sold?”

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Domain name deals can be complicated. Some deals are straight up cash for the domain name, some are based on a payment plan (either using an escrow service or owner holding the name), some deals are financed by a third party company (like Domain Capital), others involve an ownership stake or ongoing royalties that require the domain name be held by a third party, and there are even more complicated deal structures.

People seem to report deals / sales at different junctures. Most commonly, a domain name is reported as sold by a brokerage or marketplace once the domain name and money change hands. I am sure some domain names are reported as “sold” before payment in full is made – perhaps after the initial payment when the domain name is permitted to be used by the buyer.

In the startup and VC space, I think some deals are announced at their inception, but the full value of the deal is realized over time as hurdles are met. For instance, it might be announced that company X had a $20 million funding round at a $100 million valuation, but that $20 million will be given to the company over time, only if certain hurdles are met. The payment details are not typically publicly shared – just the headline of the funding round.

I am curious when readers

Daily Poll: Do You Use Coupons to Register Domain Names?

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I’ve never really been big on coupons. If I see a retail website with a promo code or coupon code box, I will try to find a good coupon or discount code to use, but I don’t really do that with domain names. Many registrars have stopped giving out coupons and promo codes, so it can be tough to find a decent code to use.

Personally, I wouldn’t use a coupon code at a registrar I wouldn’t ordinarily use just to save a few dollars. Yes, domain registrars offer essentially the same service. However, I like the security and account management tools at my preferred registrars.

Do you try to use coupons when you register domain names?


Daily Poll: How Many Times Do You Follow Up?

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Negotiating to close a domain name sale is one of the more interesting (and perhaps exciting) aspects of domain investing. Engaging an active prospect and trying to work out a mutually agreeable deal never gets old for me.

On the other hand, trying to get a lead to respond can be frustrating. This is especially so when I have been able to identify the lead and think the domain name would be the perfect fit for them or their company. I generally respond to the person via the channel they inquired, but if I don’t receive a response after a couple of attempts, I may try to connect via phone or even LinkedIn.

I am curious how many times others follow up with their inbound inquiry leads before giving up and considering the lead to be dead. You are welcome to share your thoughts in the comment section as well.


Daily Poll: At What Price Did Yellow.com Sell?

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Yesterday, I wrote about the sale of Yellow.com. Unfortunately, Andrew Rosener could not reveal the sale price for the domain name, and I did not hear back from the registrant. I would imagine that unless the buyer decides to open up about the purchase or needs to mention the price in some sort of legal filing, this sale will remain private.

Today’s poll question asks what you think the Yellow.com sale price was.


Daily Poll: Would You Buy Top .Net Keyword Domain Names?

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This morning I wrote about some top .Net keyword domain names currently in auction at GoDaddy Auctions. In my opinion, these are solid keywords and I would love to own the .com domain names if I could.

My portfolio has very few non .com domain names, and I don’t see that changing any time soon. I am wondering if you would buy top .net keyword domain names at reasonable pricing if you had the opportunity. I am not necessarily referring to the names currently in auction, but just in general, if you would buy good one word .net domain names at fair / reasonable prices.