Fake sales: Hitting the BIN button at the Uni Market

Setting a "buy it now" (BIN) price for your domains is one established approach to selling. Instead of providing a contact form where visitors can make an offer, you can skip endless negotiations by simply defining the asking price. It's not a secret that many such domain sales take place on popular marketplaces, when the buyer finds the asking price reasonable and affordable. Hitting the BIN button shows intent to buy the product, the domain name, at the asking price. Except, of course, when the buyer is simply clicking on the button because they can. At the Uni Market, using the BIN option requires the provision of contact details and the system initiates the checkout process; the first step is the receipt of funds via one of several types of payment … [Continue reading]

Can someone else add your “for sale” domain on Dan.com?

Dan.com is a domain marketplace that in recent years propelled itself onto the top list of favorite platforms for domain investors. Domain sellers and buyers engage through its well-planned interface and exchange process of funds/domain, making the process a cinch. After testing the Dan.com platform for a while, my first domain sale on Dan.com was almost for $20,000 dollars. Currently, I'm skeptical about how Dan.com will continue to retain this exceptional growth and independence, what with being acquired by GoDaddy. That being said, I'm still adding domains for sale on Dan.com, moving them away from the Uni Market. One of these recent addition attempts created a problem: the domain was already added on Dan.com by someone else. The domain in question is an ultra-premium LLLL … [Continue reading]

Feel good about selling: Ted Olson’s upcoming book

Ted Olson is a veteran sales expert, having worked with NameMedia, Afternic prior to its sale to GoDaddy, and Endurance International. I had the pleasure of meeting Ted in the late 2000s during one of the Targeted TRAFFIC conferences; if memory doesn't fail me, it was in 2008. Ted's positive demeanor, engagement as a listener and speaker, and overall approach to life and sales impressed me. Ted Olson often shares his sales experience on the professional social medium LinkedIn. I enjoy reading his posts and have learned a few things from his educational videos as well. A new book by Ted Olson is in the final stages and its title, "Feel Good About Selling," represents its author's expert sales approach: selling isn't about toxic words and bravado or other manipulation: Many don't … [Continue reading]

GoDaddy appraisals an obstacle for domain sellers

Recently, I closed my first sale on the Dan.com platform. In recent months I've been transferring in bulk my domain names away from the Uni Market, simply because the platform's association with … [Continue reading]

Are we on the same page?

Part of the domain investing game is waiting for inbound inquiries. Also known as "the waiting game," this is the part that often challenges a domainer's patience. Having sold domains I held for … [Continue reading]