Posted tagged ‘how to sell domains’

Sample Craig’s List Ad that Produced a Sale in New York City

January 29, 2011

The following advertisement that was placed in Manhattan found a buyer, which visited the domain on Sedo to purchase the domain. Since then, I made some adjustments on my sales approach to refer buyers to a third part domain sales platform. The sales pitch was prepared during the learning stage.

The original ad is below to show you an example of what the buyer used to make a decision.

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How to Sell Domain Names on Craig’s List

January 27, 2011

Most web users are familiar with Craig’s List because they sell items they don’t need to another that may want them. Do you know that buyers also comb the ads to find business opportunities? I believe domain names are considered a business. One can monetize a domain to make revenue. I managed to sell a few domain names on Craig’s List. How do you sell domain names on Craig’s List?

Step 1: Determine the commercial value of your domain name. If you own many GEO related domain names such as New York City, then list them one domain in different areas within Manhattan. San Francisco related domain names can be listed in the Mission District, Russian Hills, and other areas in San Francisco. Product domains and service domains should be listed in areas which have the most interest. You’re not going to list snow service domains in Hawaii, or tree service domains in areas with no demand for such service. Once you determine the area which fits the domain name, move to step 2.

Step 2: Determine whether you want to list in the ‘Business’ or ‘general’ category. I prefer not to use the computer’s category because most people that search in that category probably won’t pay good money to buy your domain. There are a lot of frugal people that will try to negotiate on a dollar. I believe revenue domains and those that fall under the business/commercial classification must be listed in the ‘business’ category. The ‘general’ category will produce interest, and possibly a potential sale. Domain names are essentially a business. Move on to Step 3.

Step 3: Choose a catchy title such as “Buy Your Own Ticket to Success: BoxOfficeTicketSales.com up for Sale.” Set a good price that will gain attention. Move to Step 4.

Step 4: Write a description of the domain name. Tell a buyer what they can do with the domain name, but ultimately communicate to them that they’re make a good investment in acquiring a domain name. Let them know that they control their investment, and the domain name will help them reach their goals. Move to step 5.

Step 5: Include the domain name registrar – Network Solutions, Go Daddy, Name Cheap, and etc.. Tell the buyer where they can find the domain up for sale. ****very important**** Use a domain sales platform to place the domain up for sale. Provide the link to the domain at the end of the description. Domains are a business which attract scam buyers searching for information, or who want to take advantage of you. Trust is a major issue. When you first make a sale, then you know the buyer owns the domain. There is more credibility in a transaction after a first sale. Refer the buyer to Sedo, Go Daddy, Buy Domains, Moniker, or any domain platform of your choosing. Move to Step 6

Step 6: Thank your audience that may be browsing your domain ad. Wish them luck in their goal to build the domain in a business, or to make an investment to generate a future sale. Move to Step 7.

Step 7: Upload a picture of the “domain name” on a parked page, or the website the domain name operates on. Buyers like pictures. You can also upload a picture that communicates the domain name. Be careful with using any copyrighted images. Move to Step 8.

Step 8: Submit the ad. Review the ad after it’s created to ensure you provided the right information such as the domain name, the price, registrar, and the link to refer the buyer. Most importantly, good luck on making a sale on Craig’s List.

Additional Steps:

Step 1: Make sure all your prices are consistent on domain platforms. You never know when a buyer will reach your page. Don’t advertise your name for $300, but have it up for sale at $100 on Sedo. Pricing is important.

Step 2: Tell people about your advertisement on Craig’s List. Tweet it. Put it up on Facebook. Let people know you’re selling a specific domain.

Step 3: If you have a partnership with a Domain company to promote your domains, use the link with your domain name embedded in it to make commission from selling the domain. You will earn back some of the commission you’re paying out to sell the domain name.

Steps to Avoid:

Step 1: Don’t deal with buyers directly. You don’t know them. Don’t get all excited about selling a domain, and then transfer it away to some unknown person. Think of your domains like your children. Will you let any person watch your children? Probably not. Building trust is important. The first sale breaks the ice. Let the domain company handle the deal.

Step 2: Avoid pricing your domains at high amounts. Many domain investors on Go Daddy, Sedo, and Buy Domains tend to overprice domains to make them unattainable. Know your market. Price the domains right to find a buyer.

Good luck on selling your domain names on Craig’s List. It may not be best way to sell domains, but I have experience with selling two domains due to placing ads in specific GEO locations. I know it works. It can work for you. Sell away!

Beware of Buyers on Craig’s List – Selling Domains

January 12, 2011

Last year, I sold a few domain names on Craig’s List. Both domains were purchased on Sedo at a fixed price. In order to speed up the process, I determined that fixed prices avoided the negotiation process. Currently, I’m engaged in a negotiation on a specific cover letter domain name on Sedo. The negotiation has been going on for 3 weeks. If you want to sell domains on Crag’s List, beware of the buyers that try to acquire information from you.

Craig’s List runs an effective sales platform. The first domain name I sold there was CakesNYC.com. To most domainer investors, they will likely identify the domain as mediocre. in any case, I decided that placing the domain in New York City would generate a potential lead to purchase the domain.

In the title column, I listed a catchy description and the domain name. For example, the title portrayed the domain as a Cake Domain with Taste is up for Sale – CakesNYC.com. The price was set at $300. I wrote a summary describing the domain, potential uses, and where the domain is registered at and what platform they can purchase the domain on. I also listed two dozen other domains in various areas throughout the country. You have to use the same sales tactic as finding businesses to contact, especially when you’re trying to identify a GEO location.

A potential buyer sent a e-mail asking if anything is wrong with the domain. I told them that the domain was in perfect shape, and they would have nothing to worry about. However, I made a mistake on keeping the price at $300. Instead, I somehow made an accidental change a few weeks prior, setting a fixed price of $100 on Sedo. I didn’t know about the sale until I received an e-mail the next morning notifying me that CakesNYC.com was purchased.

For the most part, a fixed price will move a domain without any delay. I never thought about supplying a link to push interested buyers to the Sedo’s sales page. The buyer typed the domain name in, and used the Sedo parked page link to find the domain up for sale at $100. Whenever a buyer purchased a domain as a fixed price, you only have to pay 10% commission. On the contrary, the negotiation process will accumulate a $50 minimum commission up to the 10% amount of $500. If you sell a domain for $300, you will only receive $250. A $550 dollar domain sale will net you $495.

The intent of this article is to inform you that selling domains on Craig’s List is a risky process. You have to beware of shady people. In evaluating the good to bad ratio, 9 out of 10 e-mails you receive for a domain are unreliable. You’ll know when a person is trying to scam you because they will send you an e-mail stating interest in a domain, even though you supplied a link to the sales page. They usually wait until you reply back to auto generate a scam e-mail with instruction to facilitate a deal. No matter the product up for sale, the e-mails are always the same.

Occasionally, you will find a scam artist that will put a little work in trying to manipulate you. They will ask you to supply personal information and to arrange a pickup for the merchandise. We all know you can’t have movers retrieve a domain name. Never trust a money order, check, and or any payment other than Pay Pal. You can have Sedo take care of the sale, and then conduct the transfer. I feel Sedo is much quicker with closing a sale than most domain sales platforms. Once they collect the payment, they will ask you to push the domain to their transfer department. You can probably receive the payment the next day.

For the most part, beware of buyers on Craig’s List. Since you have no business relationship with these buyers, ask them to visit your domain on the sales platform to choose. I don’t see any way you can facilitate a domain sale on Craig’s List. If you sell a domain to an established company, and they don’t pay you, then you can use the e-mail contact and the transfer to initiate a claim. On Craig’s List, it is up to you to communicate with the buyer. I like to use the Sedo link in sales postings, which help me to save time and avoid contact with scam artists.

I sold Pier39.info on Craig’s List a week after listing the domain on Craig’s List. The domain was placed in San Francisco, which scored the webmaster of the .com clicked on the Sedo sales link to purchase the domain at a fixed price. The domain was my second highest sale. It is nothing to brag about.

If you choose to list your domains up for sale on Craig’s List, beware of shady buyers. Always use a link to another sales page. The ad listing is more so a way to inform buyers of a domain up for sale at another location. Don’t conduct deals directly between the buyer and yourself. It’s risky. Contacting companies and domain owners is safer because these entities have something to lose if they take advantage of you. There is no way to verify people on Craig’s List.

Good luck on selling your domains.

Develop your domains at WhyPark

Revenue Ideas for Domains

December 13, 2010

Most domain investors want to know how to find a buyer. They know that success will not follow if they fail to make a sale. Instead of striking out with cold calls and sending hundreds of e-mails to end-users who have no clue about the value of a domain, you can lease your domains to demonstrate its worth to a company.

I recommend you to find a domain name that is catchy, and one that conveys your brand. For example. I recently hand registered 9 domains last night. It was the first time in nearly a month that I made a purchase.

One particular domain in the bunch has potential to make me money. ResumeNewsLetter.com is not worth a cent, but I can write content on resumes and cover letters. I can develop a resume newsletter to inform resume companies about my “get listed” web directories, as well as set aside a section to feature resume and cover letter domains for sale.

I can show data to support the value in owning the keyword domains. You need to show a company the reason they need the domain. These companies are usually locked into a traditional advertising system. They are reluctant to take a chance, and that is their downfall.

How many resume companies have a good plan, but a flawed advertising system? There are many companies that start a resume company, only to close shop the next year because they lose money and they don’t see the revenue.

Leasing domain names to companies is a good idea. You can definitely make 50 times the cost of registration, and still own the name once the lease ends. If the company wants to buy the domain after the lease, you can work out a deal based on the performance and the amount already paid in the past year. Essentially, you will have a steady revenue flow to invest into various ideas.

ResumeNewsletter.com is a domain I have been wanting to purchase for the past month. I made up my mind to purchase the domain because I have a really good business idea to actually turn the domain into website to provide information, and to devise an email newsletter to send out resume companies and job seekers across the US.

In the resume newsletter, I will offer leasing options, have a sales section, and write various articles on resumes and cover letters. I can also promote a few resume companies on a per lead basis, and charge companies a competitive fee to be added on the newsletter. Job seekers searching for that exact service can find resume company listing that fits their criteria – price, quality, results, niche resume writers, and more.

Many companies that advertise are essentially paying advertising on every customer that is referred to them due to the advertising. Take for instance; your company pays $9000 for advertising costs per year. The advertising plans refers 90 leads to your company. In essence, your company will be paying $100 per lead. What if you can make a deal with the company to push leads to them for 50% of the cost? They can take a chance on your lead generator to reduce their advertising costs in half.

Instead of paying $9000 per year to get 90 leads, now they’re paying $4500 to get 45 leads, and paying you $25-$50 to push leads to them. You can empower your domains, as well as write blogs on their company. The company will only pay you if you send them the leads.

Resume companies don’t have anything to lose because their business relies mainly on referrals. They advertise to build additional online business, which is a good revenue stream for them. Many resume companies are too quick to judge, which is why I don’t like wasting my time calling them.

Resume owners and employees assume what you’re going to say or what you need, instead of being professional and courteous. When people reject me, I always show respect through thanking them for their time. It seems that these resume companies need a lesson on leadership and custom service. I can change that with developing a Resume Newsletter. Once the newsletter become popular, I can find a few good resume writers to provide content.

You have a few options to make money while searching for a buyer – leasing, web directory, and implementing a lead generator. I prefer to spread my domains out to make money in several areas. That means I will look into leasing domains, setting up web directories, and implementing a lead generator to capture leads to earn commission.

Using one domain per company is better than having 10 resume companies on the same page. It is alright to use a web directory option because every listing has control over their content. However, a lead generator is better done with one company per domain.

I determined that many end-users are too cheap to even make a deal with domain investors. I read the DN Journal every week, noticing that many unappealing domains are making the sales list. Of course, the generic one work or 1-3 character domains are worth a fortune, but there are many domains that don’t belong on the list. In my opinion, there are a handful of domains that seem to be manipulated sales to gain attention.

If end-users are buying domains by the bunch, then there is no reason they will question the reason for purchasing a keyword domain. Trust me, I have called and emailed hundreds of end-users. I got a hold of one owner that purchased two elite resume domains. I sent him a few e-mails, and he returned a message telling me what his company was looking to acquire.

When I submitted a second list, he never responded to my message. Since then, I acquired a few domains that are actual services the company provides. I contacted the owner again, but he never returned my message. Whenever an end-user doesn’t see any domains they want, they will avoid your messages. The same goes with negotiating a deal – price and quality matter most.

Such encounters support the reason for building a rapport with an end-user. Take the time to send e-mails, establishing a business relationship to earn their respect. It is very hard to sell a domain to a company that knows nothing about you. You can present mortgage.com to a leading mortgage company, and they will find every which way possible to reject the domain.

One business owner told me he could buy any domain and get the same results than purchasing a 11 year old domain specific to his business. That’s like me saying I can buy ResumeCoverLetterServices.com and make it better than ResumeServices.com. There is no way I can compete against ResumeServices.com, unless I plan to spend money on advertising and additional time with writing articles.

Eventually, I challenged the end-user’s thought process based on the generic domain. He mentioned age means nothing, which is wrong. I’m not going to get the same results with purchasing a new domain, as I will with a good generic domain from the 90’s. Most generic domains may not show up in the search engines because they are currently active domains that are usually parked. Many of them have many backlinks, a good Google Page rank, and generate high unique traffic.

Any domain investor looking to inject life in their domains can host them at Why Park. I generate 250-400 unique visitors per day with 770 domains. If I invest the time into writing more articles there, I can double or triple that traffic. Link building will probably score me double the traffic on top of the article writing and linking.

At a 2% click conversion rate weighed up against overall traffic, you can make good money hosting your domains at Why Park. Furthermore, adding an affordable web directory and setting up various domains to act as a lead generator will earn you some income. Some new domain investors, as well as elite domainer investor have an opportunity to grow their domains at Why Park.

Also, you can sign up for a CJ.com account to place affiliate banners on the bottom page of your domains, and make use of the home page to add additional affiliate program banners to spread out your revenue.

Write articles on popular website with a high Alexa Traffic rank and a good Google Page Rank. Link the articles to your domain as source, making sure your domain is relevant to the article content. Sign up for an account at squidoo.com and submit articles through bloglines.com, delicious.com and other popular websites. Write articles at DemandStudios.com for money, and as a link building option.

Find out who are the top 200 most popular websites in the world. Choose the websites that provide you with a forum to customize content, and to link up to your domains. I know this strategy works because I have been experimenting with it for most of this year.

It is also effective when you write content rich articles. Repeat visitors base their searches on credible sites with specific titles, tags, and content description. Browse the Internet to find out what the most popular keywords and phrases are on in current time. Write articles with titles relevant to the keywords. Choose tags that you think people will type-in at Google, or at many of the other search engines. They will find your site. All you need is to choose your title and tags carefully.

Today, one visitor found one of my domains because they wanted information on aesthetician resume. I own aesthetician.co, which I linked up to various domains. When the web user performed a search, they selected my website based on seeing the aesthetician keyword on another domains. The resume and cover letter content posted on the site entice them to browse my website.

The two NOOK color articles I wrote turned a nonexistent site into one that now produces at least 4-10 visitors day. If I had more time to write, I would experiment with my loan, education, and product sites. Job sites are better to monetize as a job search engine than to park or host yourself. There is a lot of money to be made with job domains, especially when people are unemployed, and there are employers who want to find the right employees to fill vacancies.

I’m using QuickPress to type this message because the publish link is missing from the traditional article editor. I plan to share some actual images of how people are finding my domains. I will wait until I fix the publish button.

Don’t settle only for selling your domains. Lease your domains with contracts, set up a web directory, host your domains at Why Park to build traffic with their domain app system, and build lead generators to make money pushing business to companies. You have to think like a business person. If you own apartment domains, schedule an interview to work on a referral basis. They may pay you between $50-$250 per new resident.

All these companies spend money on advertising. They look to alternatives to generate business. If you find a lead, they make a quick sale. There are many ways you can use your domains to make revenue. Moreover, you can generate traffic without having to pay high advertising costs. It is worth your money to brand one of your sites to promote all your other domains.

I plan to brand ResumeCampus.com, CouponCoyote.com, ResumeNewsletter.com and a few other domains. I will probably lease EmpireStateHotel.com because many people are searching for those exact keywords in the search engines. I have many NYC resources on that site. What if I can make $50 per month with that site? It will help me to offset the cost of renewing my domains. This is the first time I have to determine which domains to renew, and which to let drop.

I already made most of the money invested. Letting 290 domains drop will not affect me. I would rather price them to sale than to lose out on not making a buck. 290 domains cost me over $2000. If I sell them at the cost of registration, I can make a profit due to making past sales.
I have 6 weeks to figure out what to do with 250 domains. I can write an article on why domains make a great Christmas present. I recommend being creative to make sales and to make revenue.

Purchase a domain that has the root word “newsletter.” I purchased ResumeNewsletter.com. Many newsletter-related domains are already taken, but you still can find them readily available. You have to be creative, and invest the time to search for these domain names. Build a stylish newsletter to provide information to those you think will be interested. Use that platform as a way to sell and lease your domains.

Check out the link below to sign up for Why Park. If you have any questions on how to use Why Park, I can answer them. I’ve used Why Park since mid April. I have much more control promoting my domains than when I had them parked at a company that had too many restrictions.

You can put a “this site if for sale” link on your domains. You can write articles, add links, build the home page, and incorporate content on the site. If you want Why Park to design a site for you, they can make it look professional. I think I’ve done a good job building all my sites. There are a few I still haven’t built, but my major sites are completed.

Why Park is still growing. They’re ranked 16,000 on Alexa. They have a few hundred sites that link in to their website. Once their website catches on, and goes mainstream (i.e. eHow.com) they will build major traffic for their account holders (us). Why Park is always looking to make partnership deals to acquire articles to rotate across their platform. Visitors like good content, which will generate good traffic.

My recent hand registrations are as follows:

ValenciaJobs.org
VacavilleJobs.net
AmericanCanyonJobs.com
FairfieldCaJobs.com
SantaBarbaraCaJobs.com
DesignerGloves.net
EducationCoverLetter.com
GenericCoverLetter.com
ResumeNewsletter.com

Every domain has local searches above 1,000 times per month, except for ResumeNewsletter.com and AmericanCanyonJobs.com. Those domains have good potential because I can invest time into building traffic. Thanks for reading. Good luck with using the revenue ideas.

Check out WhyPark

Why ‘Why Park’ is the best solution to sell domains

December 11, 2010

Why Park is a quality domain development platform with the potential to influence a sale. If you add the right apps and content on your domains, people will find your site through Google and other search engines.

In the domain settings section, you can select the for sale option to promote your domain. On the left side of the site, a “this site is for sell” will appear.” This will increase your chance at finding a buyer.

Parked pages don’t have the same flexibility. My Go Daddy 80% share parking account was canceled back in August because I advertised my domains for sale on various online advertising sites. They claimed my traffic was not due to organic search results.

Why Park is the best domain platform to write articles, to manage text links, to add banners, affiliate banners, and to link up to a for sale page at Sedo, Go Daddy, Buy Domains, and other selling platforms.

While you look for a buyer, you can make money with ad clicks, compare shopping apps, and web directory listings. In addition, you can add html banners and various affiliate links to make revenue.

Try Why Park today to make a sale tomorrow. Click on Why Park above.

Sold a dozen job domains as a package

December 7, 2010

My last sale was a job package deal a few weeks ago. This time around, I packaged a dozen job domains together to make another sale. I took less than the appraisal value, but I still made a good ROI.

Appraisal value is not the standard to setting prices. A domain is only worth what an end-user is willing to pay for it. The main reason I make sales is because I build a rapport with past buyers. Past buyers already know who you are, so they can trust that a deal will go through smoothly, without any complications.

Most of the time I retain the buyer’s information to speed up the process the next time around. Of course, these are buyers that I communicate with on a regular basis, and ones that trust me enough to buy from me again. The hardest part of selling is trying to find a buyer. Once you receive a reply back that states interest in a specific domain(s), there is no reason you can’t strike a deal.

New domainers struggle to make sales because they attach high prices to their domains. When a buyer makes an offer, determine what price will entice the buyer without scaring them away. I would send an offer back that is double the amount they offered you for the domain.

For example, a $300 offer will have a counteroffer of $600. You can set your expectations at $400, but don’t be too quick to lower the price to $400. When I need money, I usually avoid negotiation to ruin a potential sale. I managed to negotiate on the package deal with increasing the price and adding in another site.

I learned many times before that setting high prices and not knowing the market well enough will ruin a deal. I don’t call my sales luck because I put in a lot of work to contact people, as well as to push the domains to the new owner. My best domain sales are job domains. They’re easy to sell, especially to people that operate in the job industry.

Recently, I turned low traffic sites into good traffic sites. I researched what products and services are most popular, and then refined the content to reflect the demand. Many sites now show up on Google Page #1 for specific articles and videos. I also apply shopping apps on the domains to gain traffic when people search for laptops, resume paper, software, and nursing scrubs.

The .com domains are the best extensions to generate traffic and search engine positioning. However, I noticed that .net domains are pulling up on Google Page #1. And .net domains are actually producing ad clicks.

I find that I’ve done well with domaining because I turn a new site into something I can sell in the aftermarket. I never purchase domains in auctions or make offers to owners to acquire domains. I’m confident I can find good domains through hand registering them.

Selling domains is fun when you find buyers. Nevertheless, there are many times you will experience a selling drought. You never know when you will receive a reply back to purchase one of your domains, and if someone will make you an offer without you knowing ahead of time.

Never cold call a business unless you have premium domains. I called a business today to offer a top domain to them. The domain belongs to another, but I can make commission if the domain sells. The owner was excited about possibly acquiring the domain. He told me that another one of his associates would call me back regarding the domain. For the most part, he has beginner knowledge on domains and computers.

I notice that good domains worth more than $20K attract interest. Less valuable domains are much harder to sell to end-users. In the past 10 months, I only received 2 email offers to buy my domains. I sold two domains because of advertising on Craig’s List. Another two domains sold on Bargain Domains. And the rest of my domains were sold to end-users I contacted, or to past buyers.

It is possible to make sales. You have to put in the work to get results. Persistence is the key to selling. Know how to price your domains to sell. Practice negotiating. Sell your domains in package deals to move many at one time. Lastly, be confident about your domains because a buyer will sense when you’re passive, and they will use that weakness to reduce the price. Thanks for reading. Good luck.

How to sell a domain

November 30, 2010

How to sell a domain? I’m confident that domain investors are more interested in selling than in buying domain names. Of course, there are many buyers that are always searching for the best deals. However, domaining is no fun if you can’t make a sale. The following steps will carve out a sales plan to attract interest to your domain.

Step 1: The first step is to determine which domain is worth investing the time into selling.

Step 2: Once you determine which domain to sell, place the keywords into Google. Put parenthesis around the keywords to generate an organic search.

Step 3: Make a list of companies that are featured in the sponsored section. These are the companies that bid on the exact keywords.

Step 4
: Make a list of websites that are on Google 1-3.

Step 5: Visit all the companies that have active websites. Go to their contact section. The website will either have a template to type a message or have an e-mail address. Find the marketing and sales department.

Step 6
: Prepare a sales pitch that introduces yourself. Mention that you own the specific domain name. Tell the company that owning the keyword domain will reduce their advertising cost.

Step 7: Note that you’re also offering the name to other competitors in the category. The goal is to put doubt in the company’s mind to whether their advertising costs are actually generating results. Many companies pay for advertising, but they assume it is actually working to their advantage. Focus on saving them money.

Step 8: Tell the company that if they’re interested in the domain to reply back as soon as possible. Thank them for their time.

Step 9: When the company responds back with a price request, set the price 25% higher than your projected goal.

Step 10: Be persistent until you reach an agreement or they decline the deal.

Step 11: Send out many emails to relevant companies. Use Estibot Whois to email domain owners who have similar domains. Offer the domain to them. Ask whether they will be interested in browsing your domain portfolio. You may have a domain they wanted in the past, but couldn’t get because another owned it. But, you grabbed it on the drop, and now they have an opportunity to purchase the name.

Step 12: Don’t call companies. They are usually rude to solicitors. Emailing a business is much more effective.

Step 13: Use the Yellow Pages to find relevant companies and businesses that lack a web presence. Build interest in the domain.

Step 14: Advertise your domains on Craig’s List and other free advertising websites. You never know who will come across the domain. Provide a link to the sales page. Don’t trust spammers that try to make faulty deals such as asking for information to present to their lawyer, and to transfer over domains without paying first.

Step 15: Be direct. Be professional. Don’t show your struggling or that you’re having difficulty generating interest on the domain.

Step 16: Be patient. Be confident. Send out many email requests. You have a greater chance in finding a buyer. Share less information with established Internet companies (deal with price only). Provide information to companies that are new to the Internet.

Things to avoid:

1. Don’t share too much information

2. Don’t tell the company what you paid for the domain

Most importantly – Good luck!