After I posted an article on my blog listing three types of domain names I am looking to buy, a couple people commented that there was no way I would be able to find those types of domain names for sale at the prices I needed. I deleted all comments on that post because it was a special request and not a discussion, but I do want to discuss the idea of getting great deals on domain names.
It is very infrequent that I read DN Journal’s weekly sales report and don’t see a great deal for a domain name. Some weeks there is more than one great deal listed that I almost certainly would have jumped on if given the opportunity. For instance, looking at this past week’s sales report, Sedo’s reported sale of GameUsed.com at $4,500 seems like a great deal to me, and I might have bought the name because game used sports memorabilia is a huge business, and some companies make millions of dollars selling it annually.
It may be difficult to find great deals, but they are out there. At any given time, there might be dozens or even hundreds of exceptional deals just sitting on platforms like Sedo, Afternic, Aftermarket.com, and various brokers’ newsletters. There are countless more domain owners who would be happy to sell their valuable domain names at reasonable prices.
The challenge is doing the research to find these great deals. You need to scour the aftermarket platforms, searching through millions of domain names that are for sale, and in conjunction with that, you also need to engage brokers to negotiate better prices. In addition, you need to send out many emails to domain owners with a compelling enough email to get them to give you a price. Oftentimes that means making a reasonable offer for the domain name, which is something most people don’t (know how / or feel comfortable enough to) do. It is a time consuming process.
When I posted my article about buying domain names, I knew it would likely lead to an influx of spam offers that didn’t meet the requirements I clearly laid out. However, I figured it would be worth the extra email if the post produced one solid lead on a domain deal.