Domain negotiation: The ‘Goodbye’ letter

Quite often, domain investors maintain their leads for years; a negotiation that went south and ended in a non-agreement should not be discarded.

From my personal experience, there are instances when the potential buyer returns – months or even years later – agreeing to the asking price, or making a substantial offer that might be of interest.

This happens for several reasons:

  • Their budget increased
  • They re-assessed the purpose of their strategic acquisition
  • They received professional advice on the domain
  • Their significant other finally let them have that domain ‘toy’

When closing a deal as “unsold” at Domain Name Sales, it’s a good idea to send a “Goodbye letter” prior to that.

Thank the other party regardless of the context of their responses; even if they had been rather jerky throughout.

Your “Goodbye letter” should incorporate the following language:

  • Point out that the negotiations for the domain have ended
  • Thank them for their time and offer
  • Let them know that if they reconsider it in the future, they’re welcome to contact you again
  • As a last ‘kick’, state that it would all depend on the availability of the domain

This type of response yields several points:

  • You get to remind them that they expressed interest in your domain
  • That you are a strong negotiator – always appreciated in the real world
  • That perhaps, in the future, there will be another opportunity for them to buy the domain

Keep your “Goodbye letter” short, polite and to the point; and like any other response email at Domain Name Sales, you can save it as a Custom Template response.

 

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