Frank Schilling

Why You Might Send Inquiries Through Domain Name Sales

DomainNameSales.comDespite the fact that the landing pages on many of my domain names indicate they are for sale and give a prospect the ability to contact me, I still receive a number of inquiries for domain names via email. I sometimes like to use the DomainNameSales.com  tools to help me with my sales. Domain Name Sales (DNS) was founded by Frank Schilling a couple of years ago, and it offers quite a few domain name sales tools at no cost to users aside from commission paid on brokered deals.

In this post, I want to share three reasons why I find it effective to either send a prospective buyer to my DNS-based for sale landing page to enter an offer, or I enter the buyer’s info in my DNS dashboard on my own. You are welcome to share why you also use DNS or why you wouldn’t use the platform.

Delete Your Sold/Expired DNS Domain Names or Risk Suspension

After selling a domain name, it’s very important for you to remove sale listings for that domain name at aftermarket venues. It is especially important to do this if you have BIN prices on some of the domain names that could potentially permit someone else to agree to buy a domain name you no longer have the right to own.

I received a message from DomainNameSales.com that was sent to clients reminding them to delete domain names they no longer own. The company raised the potential for account suspension (both parking and sales) for

Video: Frank Schilling Explains .Sexy

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According to a tweet from Bret Fausett, Uniregistry  posted a video on the nic.sexy website, and Frank Schilling explains what sexy means to him and why someone might choose to buy a .Sexy domain name. In Frank’s words, it is  “the internet equivalent of letting your hair down.”

Have a look for yourself and let me know if you think .Sexy is going to be one of the gTLD winners. In my opinion, the answer is yes. They are going to sell a lot of .Sexy domain names as novelties. I don’t think I’d buy one, but there will be plenty of people who will.

Uniregistry Video: Frank Schilling Discusses the Future of the Internet

I want to share this video uploaded to YouTube by Uniregistry, the company founded by Frank Schilling that is applying for hundreds of new gTLD strings. In the video, you can get an idea of Frank’s vision for the Internet once new gTLD domain names become available and used.

There is considerable uncertainty right now, but one thing is certain for me. It’s been very cool to watch the Internet change right before my eyes.  There will be winners and there will be losers. Fortunes will be made and lost. It’s been exciting to see all of this unfold in front of us.

The Internet as we know it is changing, and it’s going to cause great change in our businesses.

Check out the video below

Domain Name Sales is Hiring Inside Domain Broker

Jeff Gabriel, Vice President of Sales at Domain Name Sales, just posted an announcement on Facebook to let people know that his company is hiring in house domain brokers. There is one major caveat to this though – employees of Domain Name Sales must work out of the company’s Grand Cayman headquarters.

Here’s how the company describes its ideal candidate for the Inside Technical Sales position:

Domain Name Sales: Always Test

One of the most important aspects to a direct marketing campaign is to always test everything. Whether you’re testing your offer, your message, your listing, or your creative, you should always be testing everything to see what provides a lift and what is hurting your campaign. I think we should do the same with domain name sales.

This week, I started to hand off warm leads on inbound inquiries generated from my Internet Traffic and Domain Name Sales landing page. I pride myself in being able to find out who is inquiring about my domain names while extracting the highest price possible. There is a pretty large list of domain brokers who are available to close deals on the DNS platform, so I am going to give the DNS brokers a try.

Sometimes I feel like I am a bit too close to the inventory to objectively price my domain names. Yes, it would be nice to get $75,000 for a particular domain name, but maybe it’s really only worth $40,000. A broker can advise as well as negotiate on my behalf in order to close the deal.

I hate chatting on the phone, unless it’s a discussion I want to have. Using a broker opens this channel of communication when I probably wouldn’t have taken the time to do it myself. I know it’s an effective way to discuss and close a deal, so it’s great to have this negotiation tool.

A little over a month ago, I had a $20,000 deal on DNS, and the buyer didn’t end up paying for it. I would assume the DNS broker has access to back end information about buyers and they might be able to see if a buyer has the potential to back out of a deal. If that person had agreed to 5 other deals and never paid, they might be able to save all of us time and cut off the negotiation. In this business, there aren’t many worse feelings than closing a large deal and having the buyer back or not pay.

The nice thing about DNS is that I can monitor the progress of negotiations to see where things stand. I can also assist the broker if I see something of interest – perhaps additional information about a new service or that the buyer has funding.

I haven’t yet closed a deal with the assistance of a domain broker on DNS, but I will be sure to provide an update with results when I have more insight. If you’ve worked with DNS brokers or another broker on DNS, I welcome you to share your personal experience.

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