Ask Platforms to Reconnect on Failed Deals

Elliot Silver
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1

I’ve had many agreed upon deals die at the finish line. The buyer agreed to purchase a domain name – sometimes after a lengthy discussion – and then poof – they ghosted. Multiple reminder emails go unanswered, and the domain name is back on the market for sale.

One thing you can do – which I have done – is ask a representative from the marketplace / platform to personally connect with the buyer after the deal failed to try and get the deal closed. I am sure platforms like Dan and Sedo make multiple outreach efforts to close a deal shortly after it has been agreed upon, but following-up at a later date is also a good idea.

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Negotiate an Inbound Lead via Broker

Elliot Silver
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Successfully negotiating a deal is something I enjoy. The negotiation is an important aspect of why I find domain investing to be exhilarating. It can also be a source of great frustration. Some people are good at negotiating deals and others aren’t as good. When it comes to negotiating a very large deal – one that could substantially impact your business, it may be wise to hand-off the lead to a domain broker who can expertly negotiate on your behalf.

Some of the top domain brokers are willing to take an inbound lead and help an investor close a deal. These brokers would work on a one-off basis, meaning they’re given a specific inbound lead and have autonomy to use their tools to close a deal with that prospect. Doing this would allow the domain investor to stay out of his or her own way.

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Pepe.com Acquired by Pepe Coin ($PEPE)

Elliot Silver
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3

Pepe is a popular meme coin ($PEPE) that has been using the Pepe.vip domain name for its website. According to Binance, Pepe is trading against the USD at approximately $0.000006/coin, and its total market cap is in the ballpark of $2.5 Billion USD.

A short time ago, Pepe made a major domain name upgrade, securing Pepe.com, which had been brokered by Media Options. The acquisition of Pepe.com was announced on X yesterday:

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FedEx Buys Its 3 Letter .com Ticker Symbol

Elliot Silver
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It looks like FedEx has acquired a valuable 3 letter .com domain name. Whois records show FedEx is now the owner of FDX.com. The domain name transferred to CSC, and the Whois registrant is now listed as FedEx Corporate Services, Inc. FedEx stock trades on the New York Stock Exchange under the FDX ticker symbol.

Prior to the acquisition, FDX.com was owned by domain investor James Booth, who acquired the asset in November of 2022. Last week, James noted the deal was overseen by Andrew Miller from Hilco Digital:

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Sandbagger Secures Sandbagger.com for 6 Figures

Elliot Silver
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I learned about a 6 figure domain name sale that hasn’t yet been reported. A hard seltzer company branded as Sandbagger has acquired its brand match Sandbagger.com domain name for $100,000 USD. The domain name was purchased via Afternic. This domain name sale was shared with me by an industry colleague I have known for many years who wishes to remain anonymous.

Sandbagger is an Ontario, Canada based company, and it is operating on the Sandbagger.ca ccTLD domain name. From what I can tell, it appears the company is operating a website on both Sandbagger.com and Sandbagger.ca. I am unfamiliar with this brand, but perhaps that is going to change following this domain name acquisition.

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TP.com Acquired by Teleperformance for 7 Figures

Elliot Silver
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2

I just learned the valuable TP.com domain name was sold in February of this year. TP.com was listed for sale via Afternic with an asking price of $1.4 million. The domain name was sold for $1,200,000 via Afternic. The sale was reported to me by the seller, an industry colleague I have known for many years who wishes to not be named.

Although the Whois record for TP.com is private, the buyer of TP.com appears to be a company called Teleperformance. This company is publicly traded on the Paris Stock Exchange under the TEP ticker symbol. Teleperformance has a market capitalization approaching 5.7 Billion EUR. At the time of publication, TP.com is forwarding to the Teleperformance.com website.

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