I believe buying a domain name for a good price is likely the most difficult aspect of this business. Domain owners can be difficult to reach, and if you make the extra effort that others haven’t made, and you make a reasonable offer, you will probably have a higher close rate. In addition, companies that are successful in getting their ideal domain name may not have to settle on a different brand and may help prevent confusion for their customers.
Braden Pollock shared some good advice about buying domain names in today’s GoDaddy Hangout with Joe Styler and Colby Villa. He offered some advice on contacting domain owners, making offers that are fair, and getting a good price on domain names that aren’t listed for sale anywhere. The advice Braden shared can be helpful for people looking to buy domain names as investments, but particularly for people who want to buy a domain name for their business or for a startup.
If you have any questions you want to ask Braden or the team from GoDaddy, you are welcome to post them in the comment section here, or on the GoDaddy Google+ Hangout page.