Replying to Inquiries with a Text Message

For most of my highest value domain names, I send prospective buyers to an Embrace.com inquiry form. These domain names are generally unpriced, allowing me to assess market and business conditions at the time of the inquiry. On the form I use, I require a name and email address, but I also request a phone number.

I try to reply to purchase inquiries in a timely fashion. I think it makes sense to negotiate a deal when the buyer is most interested. I use a stock email reply that is individually crafted for each domain name. This makes it easy to reply to inquiries no matter where I am or what I am doing.

Lately, I have been sending a follow-up text message shortly after replying to the inquiry. I have found that some people are interested in having a discussion about a domain name right away. They may be particularly interested in moving forward with a project and would like to understand if the domain name is obtainable. It feels like a text message conversation is more personal than an email exchange.

I’ve had several good discussions about domain names via text message. Exchanging ideas and throwing out numbers for a payment plan – for example – can be more efficient over text message. Even being able to casually suggest a payment plan in the course of a text conversation feels less desperate than a follow-up email.

Typically, I will send the text message a few minutes or an hour after replying to the email. For people who receive and review emails on their phone, it will give them a bit of time to read my reply with the price to understand if the domain name is even worth discussing. If I send a text message a day or two later, it feels like I am appearing desperate – like a “hey, you didn’t reply yet!” kind of thing.

For my business text messaging, I use the web version of Google Voice. I don’t have a Google Voice app, so I need to visit the actual web page to send and respond to messages. This takes it away from my personal phone messaging platform so I can respond on my own business time. I don’t want to be receiving or sending messages at a soccer game or while we are having dinner.

I’ve worked out a few deals via text message and prefer this approach to a phone call. It’s sort of a nice middle ground for me since I dislike chatting on the phone.

Elliot Silver
Elliot Silver
About The Author: Elliot Silver is an Internet entrepreneur and publisher of DomainInvesting.com. Elliot is also the founder and President of Top Notch Domains, LLC, a company that has closed eight figures in deals. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest. Reach out to Elliot: Twitter | Facebook | LinkedIn

6 COMMENTS

  1. Thanks for sharing. Couple of questions.

    Do you follow business hours for replying

    How soon you reply after receiving inquiry

    Thanks

    • I typically follow up within an hour or so of sending the email – or when I get a chance. I don’t usually follow business hours.

  2. Thanks for sharing.
    friends informed me that marketing reduces the value of a domain, is this true?
    Could you please inform us about the types of domains suitable for marketing?

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Recent Posts

Negotiating Too Hard on a Domain Name Sale

1
We've all been there before. Your asking price out of the gate is much higher than a buyer is willing to spend. Maybe you're...

Bid to Be Lead Sponsor of our PMC Jersey

0
John Berryhill and I are riding in this year's Pan-Mass Challenge to raise funds and awareness for Dana-Farber Cancer Institute. Each year we ride,...

Domain Finance Calculator Offered by Catchy.com

0
Francois Carrillo is best known for his Domaining.com industry news aggregator. He also owns Catchy.com, a platform for selling domain names. Francois emailed me to...

GoDaddy Verification an Unnecessary Speed Bump

1
I won a domain name at GoDaddy Auctions on April 18, and it was delivered to my GoDaddy account this morning at around 4am....

Ask Platforms to Reconnect on Failed Deals

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...