Domain Sale Purchase Business

Domain Sale Purchase Business 

Buying and selling domain names is an exciting adventure that seems to look for images of some pirate treasures or guess the winning combination of the next power ball. There are countless domain stories bought for $ 8 15 years ago and sold by the millions today. Of course, the more adventurous of us ask, "How can I do that?"

5 tips for buying and selling for-profit domain names

Here are some tips on how to go in the right direction when buying or selling a domain name:

Sharpen your concentration
Find names that offer real value.
Check the availability of the domain.
Rate the price
Bring your domains to the center.

 Limit your concentration

There are already millions of domains registered by someone, and there are countless combinations of domains to register, especially if you consider the hundreds of new domain name extensions such as .app and .club. If you plan to buy a domain and resell it, you must first limit your search.

What do you already know about what makes things easier? Do you know any pets? Are you in the car or at home? Do you know education or health? Start with some of the pieces you know best and start there.

What you do not want to do: Talk to potential buyers based on your perceived economic status, without having a sense of the industry you are targeting. "The lawyers seem to be fine," he thinks, "maybe I should start selling them names." So hurry up and buy a bunch of domain names that you think are for the law firms you've identified as potential buyers. Without knowing the space, you may not be aware that the American Bar Association and other sectoral organizations set rules that govern certain aspects of legal advertising. It does not refer to the names of gold sales that its target buyers can not use.

Remember to focus on the areas you know well and you will be much more successful than buying areas that you think will benefit someone in an area you know very little about.

 Look for names that offer real value

Imagine that the domains you bought are a valuable asset for the buyer. Imagine someone who would be interested in buying the domain in an area you know very well. If that were the case, and if someone wanted to sell you that name, would you benefit? Be honest If yes, why? If not why?

Let's take a real example. For example, if you know the real estate market in Tempe, Arizona, you can buy for 200 USD. It could be a good deal. Tempe has a large number of rental properties; it is a competitive market; and the volume of business in the apartments sector is important because the city is home to a large university. Ask yourself:

How much does a month's rent benefit from an owner, property manager or other potential domain buyer? How about a one-year rental result?
Would you buy this name if you were in space? If yes, why?
What areas owners, carers, etc. Do they use?
How much do they spend on advertising?
To what extent would this area help them to be authoritative in their space?
If you can answer these questions with confidence and know this niche, you probably already have an idea of ​​who to contact and how to make a compelling case for how this area can help your business grow.

 Check the availability of the domain

Well, since you've reduced the number of names you should probably buy, how do you find them? Start by checking if the names can be acquired as new records.

When names are given (as many probably are), go to the secondary market to buy people who already have names or expire because they do not want to use them anymore.

Auction godaddy  is a good place to look.

Use the advanced search option to quickly find the type of name you want. You can see the results by price, higher level.

 Evaluate the price

If you have a name in mind, how do you know if the price is reasonable? I like to use to compare the domain I am thinking of buying with similar domains sold. You can enter the keyword and use certain advanced search features to display a list of names similar to yours, what they were sold and when.

You can also study current domain sales in places such as GoDaddy Auctions and Afternic.

Finally, Ron Jackson publishes a weekly report on DN Journal that covers the main public sales of the week. You can use all these resources to properly qualify your domains.

Editor's Note: The price of your trusted domains with GoDaddy domain ratings, you can get the most accurate and comprehensive price estimates for the domains. We use a unique algorithm that relies on both machine learning and real-world sales data to estimate domain values.

 Concentrate on your domains

There are many places where you can get your domains in front of the audience you buy. You want to keep some things in mind:

Is the place reliable and known?
It is important to make sure that you are paid and that the buyer gets the domain name he paid for. Choose a location with good reviews from reputable agencies, such as the Better Business Bureau or licenses from a trusted government source. This allows the buyer to more easily activate the trigger of the purchase of the domain and to know that he can trust the brand that sells the domain.

A mark of trust is essential to sell a domain.

Is the sales network strong?
The potential to get your domain name against the right buyer is the key. An enrollment in a distribution network such as Afternic can show your domain name to millions of potential buyers each month.

Do you know anyone who could benefit from the domain name? Contact them to find out if they are interested in using the domain. If you work in an area of ​​the domain with which you are familiar, you should be able to send the suggested value of your domain name to the prospective buyer.

You do not want to start sending spam. You want to have conversations with people you know to have the opportunity to own the domain.

If you put a big brand on your account that you bought at a fair price to make a profit instead of giving it to the right buyer, it's like you finally find the pirate treasure map, but you drop in your Admira room instead of following it. Barrage.
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