Home Domain Sales

Domain Sales

See What’s Selling Daily on DAN

2

One of the most common questions I am asked and I see being asked on NamePros, Twitter, and elsewhere is related to knowing what types of domain names to buy that will be desired by end user buyers. After all, it is simple to buy domain names but a domain investment business needs to sell domain names to survive and thrive.

Sedo, NameJet, and SnapNames report the domain name sales transacted on their platforms when privacy is not requested on a weekly basis. GoDaddy has begun reporting the largest sales transacted on its platform on a trailing basis. NameBio records all of these sales and many additional sales. What gets the most coverage, though, is the largest sales on each platform while the smaller sales tend to get lost.

Someone I follow on Twitter responded to someone else, and I noticed that she is sharing lists of domain name sales transacted on DAN from the prior day:

Shop the Offer Around

Most domain investors have faced a situation where they received a solid – or perhaps reasonable offer for a domain name that is either lower than the asking price or just not good enough to accept the offer. One strategy I have used in the past is to use the threat of shopping the offer around as a negotiating tactic to try and close a deal. If that tactic doesn’t work, shopping the domain name around might yield a deal.

Let’s say I have an offer of $50,000 on the table for a domain name I have priced at $100,000. Realistically, depending on the name and circumstances, I might be willing to sell the domain name for $75,000. Perhaps I would even sell the domain name for that $50,000 offer if necessary, but I wouldn’t lose sleep if the offer disappeared. In the past, I have told the other party that I will give one more day to consider the price or I will reach out to other companies that might want to buy this domain name.

Sellers: DAN is Asking Buyers if They Want Privacy

0

I was looking at purchasing a domain name listed on DAN.com, and I noticed the platform is now asking buyers if they are willing to let DAN share the sale price publicly. Have a look at the message which is located on the form a buyer needs to fill out after clicking the buy now link on the landing page:

My guess is that this was introduced in mid-2020 when sellers also had the option to keep their sales private at DAN. Notably, this question is specific to DAN publishing sales and not the domain name seller sharing sales information.

First Purchase of 2021 and Last Purchase of 2020

There aren’t really any days off for a domain investor that buys and sells domain names for a living. Each day, regardless of whether it is a holiday or not, thousands of domain names come up for auction or completely expire and become available for registration. I was working minimally on New Years Eve and New Years Day, and I thought I would share the final domain name I purchased in 2020 and the first domain name I purchased in 2021:

“What’s the point in a “Make Offer” button?”

6

I have had the majority of my portfolio listed for sale via DAN.com around six months. During this time, I have done some testing of the different types of landing pages offered by DAN, which includes the longer term payment plan offering, the BIN page, and the BIN page with a Make Offer option.

Initially, I was not crazy about BIN + Make Offer landing page. My feeling has been that someone who sees the buy it now price with a make offer field will choose to make an offer. After all, the prospect can usually just buy it for the asking price if the seller rejects the offer – or possibly get a better price. With that said, I have sold several names for the BIN price without an offering being submitted, so it doesn’t always lead to an offer.

A point of frustration, though, is when a buyer believes their offer will be given full consideration only to learn that the seller is inflexible on the price. Afterall, most people expect to be able to negotiate when they see the buyer is willing to consider offers.

Case in point, I read a one star review of DAN which focuses on this very topic:

Schedule Emails with Gmail

4

Domain investing is.a 24/7/365 activity for many people. This business gives investors the ability to work whenever and wherever, and sometimes inspiration strikes at odd hours. For me, I might be watching a movie with my wife when I think of a great domain name to buy, and I hit pause to send a purchase inquiry. Sending a domain name related email at 9pm on a Sunday may not be effective, so I like to use the Gmail schedule send functionality.

Recent Posts

The Data Trade Off

1
There are a lot of great tools that can benefit domain investors. Some of these tools are made for domain investors and other tools...

Sale History of Parler Domain Name

9
The Parler social platform has been in the news quite a bit lately because many of President Donald Trump's biggest supporters have either moved...

Explaining the ClowPenis.Fart Forward

1
I received a bunch of emails over the weekend asking me about my last post forwarding to a non-working domain name - ClownPenis.Fart. If...

YouTube Founder Setting Up “Domain First Strategy” Startup Fund

4
Chad Hurley is the co-founder and former CEO of YouTube, which was acquired by Google for $1.65 billion. I understand that Chad is now...

RIP, John Yeomans

5
Kevin McKim shared the sad news that domain investor John Yeomans reportedly passed away: So, so, sad to hear of the passing of our old...