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Domain Sold Prices

Discussion in 'Selling Domain Names' started by wonder_lander, Jan 29, 2014.

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  1. wonder_lander United Kingdom

    wonder_lander Active Member Full Member

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    For those of you pro-actively selling domain names do you ever include comparable domain name sale values to backup your valuation?
     
  2. Domain Forum

    Acorn Domains Elite Member

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  3. atlas Canada

    atlas Well-Known Member

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    Yes, sure. So you can state something like:

    I've researched the price of similar names and found that:

    domain1.co.uk sold for £x,xxx
    domain2.co.uk sold for £x,xxx
    domain3.co.uk sold for £x,xxx

    But we aren't looking for nearly as much - we are only looking for £xxx...
     
  4. Skinner

    Skinner Well-Known Member

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    I do sometimes, I also point out what their competitors are using (and even better if you have price they paid).

    I often point them to Admins prices site and edwins people who get it post.
     
  5. wonder_lander United Kingdom

    wonder_lander Active Member Full Member

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    Cheers for the feedback. Domainprices.co.uk seems to have stopped being updated and when I checked Edwins list previously a lot of the domains seemed to have changed hands :(
     
  6. sdsinc Iceland

    sdsinc Active Member

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    You have to be careful because many sales are one of a kind.
    Many sales are in the 3 figures.

    Adapt the sales pitch to the circumstances and peculiarities of the end user.
    They already own a domain name - you are offering something better (more credible) than what they already have.
    Or: you are offering a domain that will put them ahead of the competition in terms of credibility, brandability memorability etc.

    I have sold quite a few real estate related domains. So the sales pitch is simple: just one transaction will pay for the domain, then you have a nice business card on the Internet that is yours forever.
    For an end user that pays 5 figures or more in online/offline advertising yearly, the value proposition of a domain name should be a no-brainer. Should.

    :rolleyes:
     
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