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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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#1 |
Tube Master
Industry Role:
Join Date: May 2004
Posts: 1,640
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Mainsream company wants to buy my domain
A mainstream clothing company wants to buy my domain. Their lawyer sent a fax to namecheap so namecheap would forward me their contact info (because my whois was protected).
Domain itself is worth about 5k and is hardly making any money right now. What should I ask them? Go full retard and ask for something like 100k? Or be realistic? |
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#2 |
Just Doing My Own Thing
Industry Role:
Join Date: Jan 2011
Location: London, Spain, New Zealand, GFY - Not Croydon...
Posts: 25,083
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Go full retard and ask for 100K - They will be expecting it...
I suppose it depends on your circs a bit - If you really need the money then you might want to play it safer... |
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#3 |
Too lazy to wipe my ass
Industry Role:
Join Date: Aug 2002
Location: A Public Bathroom
Posts: 38,632
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Always ask for MORE than you want.
Its PISS easy to negotiate DOWN to the price you REALLY want... Its virtually impossible to negotiate UP... BUT... From the other side of the coin... I bought a house for my son the other day. I offered a FRACTION of what they wanted... Of couse they said NO... So I offered a bit more, and they accepted... So I still paid less than they wanted... So ask for SHITLOADS. Let them 'beat you down' - You'll prob end up better off ! Good luck ![]() |
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#4 |
Too lazy to set a custom title
Join Date: Jan 2002
Location: Holland
Posts: 9,870
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calculate you changes, is it a high profile company, is there an alternative name. Then go ballsitic, you can always go down.
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Don't let greediness blur your vision | You gotta let some shit slide icq - 441-456-888 |
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#5 |
See signature :)
Industry Role:
Join Date: Apr 2007
Location: ICQ 363 097 773
Posts: 29,656
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Need more info, most important - do they have alternatives or is your domain the only one that would fit their needs.
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#6 |
Judge Jury and Executioner
Industry Role:
Join Date: Mar 2003
Location: Sweden
Posts: 30,069
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That would depend on how big the company is IMO.
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gfynicky @ gmail.com |
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#7 |
Confirmed User
Industry Role:
Join Date: Apr 2013
Posts: 122
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depends on many factors, like how big is the company, how good is your domain, do they have other options,.
anyways, ask shitload of cash. and wait for their response.
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#8 | |
Too lazy to set a custom title
Industry Role:
Join Date: Jul 2001
Posts: 59,204
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Quote:
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#9 |
Too lazy to set a custom title
Industry Role:
Join Date: Feb 2005
Posts: 17,278
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Ask them what's their budget.
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#10 |
Too lazy to wipe my ass
Industry Role:
Join Date: Aug 2002
Location: A Public Bathroom
Posts: 38,632
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Sure!
Just provide irrefutable proof (via DNA) That you are the 'fruit of my loins' then provide me with Grandchildren... And we are good to go... ![]() ![]() |
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#11 |
Geo Cities
Industry Role:
Join Date: Aug 2003
Location: North Captiva Island, Florida USA
Posts: 11,832
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Do a search of the company to see how big it is and if your name is being use for anything by them now.
Do a trademark search too.
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#12 |
Too lazy to wipe my ass
Industry Role:
Join Date: Aug 2002
Location: A Public Bathroom
Posts: 38,632
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and then get lowballed... and need to try and negotiate up???
WTF??? Biz accumin is severely lacking here (No Offence) ![]() |
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#13 |
Porn is Dead. Move along.
Industry Role:
Join Date: Aug 2006
Posts: 13,295
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probably a fake offer. did they ask you to get a professional domain appraisal from so and so too?
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#14 |
Confirmed User
Industry Role:
Join Date: Jul 2010
Location: tits
Posts: 2,751
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i have sub this let us know how it turns out
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#15 |
So Fucking Banananananas
Industry Role:
Join Date: Mar 2003
Location: If I was in your ass you'd know it
Posts: 12,991
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Think of something realistic, no one is going to give you $100k for a $5k domain, and you may be lucky to get $5k.
Tell the the site it's on makes recurring revenue each month and you want a reasonable offer from them first. Anyone who is serious will respond, then you can go back and say, I want 3x that and they will most likely bite. Without knowing, their bid is probably $500-$1000
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Email: Clicky on Me |
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#16 |
Too lazy to wipe my ass
Industry Role:
Join Date: Aug 2002
Location: A Public Bathroom
Posts: 38,632
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In all seriousness.
Get a professional negotiator into the mix, for a % cut. (If Sold) Simple as... |
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#17 |
Porn is Dead. Move along.
Industry Role:
Join Date: Aug 2006
Posts: 13,295
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im a poofessional negotiator. i charge 10%
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#18 |
Fake Nick 1.0
Industry Role:
Join Date: Oct 2005
Location: Rent free, your head
Posts: 27,663
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If you're comfortable with and it's actually worth that $5k ask $25k and negotiate from there. Nothing worse than blowing a good buyer out of the water.
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#19 |
Too lazy to wipe my ass
Industry Role:
Join Date: Aug 2002
Location: A Public Bathroom
Posts: 38,632
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![]() Go for it. I dont have the skills to help the OP out, so why not you? |
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#20 | |
Confirmed User
Industry Role:
Join Date: Sep 2001
Location: Cybercave.
Posts: 1,214
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Quote:
They have their attorney openly involved at this early stage, so understand there is a cost of acquisition point where it makes sense to pay you and get it quickly and save some money in attorney fees if they do have the trademark rights to it. If you go too high, and they understand the process to get it from you through ICANN/Registrar and that price is higher than the cost to have the attorney go after the name then you lose out. It all comes down to the name, their legitimate right to it potentially through a trademark and how generic or specific the name is as to where your bargaining power is.
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#21 |
Fake Nick 1.0
Industry Role:
Join Date: Oct 2005
Location: Rent free, your head
Posts: 27,663
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I can't count the number of times I would have settled for a lower amount and the buyer comes in with an initial offer well above. I've also lost many deals with high expectations as well as a few of those above where I tried to squeeze for more and never heard back.
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#22 | |
Too lazy to wipe my ass
Industry Role:
Join Date: Aug 2002
Location: A Public Bathroom
Posts: 38,632
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Quote:
If you want $10,000 ? Ask for $100,000 They say NO. You say OK... How about (EDIT) With respect. I'm out of this tread. NO ONE ON GFY needs ME to teach them basic bizznezz... PEACE OUT! ![]() |
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#23 | |
Fake Nick 1.0
Industry Role:
Join Date: Oct 2005
Location: Rent free, your head
Posts: 27,663
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Quote:
I've made my living off of domains for over 12 years now. Made the decision to get out about 6 months ago and it's been one of the best decisions I ever made. I pumped as much money as I could into an offline business and have already made more this year than all of last. While seeing a trickle of income coming in from whats left of the domain business which is in slow decline. I say take what you can get now because as soon as google starts handing out free .go and yahoo free .yo's then it's game over.
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#24 | |
Too lazy to wipe my ass
Industry Role:
Join Date: Aug 2002
Location: A Public Bathroom
Posts: 38,632
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Quote:
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#25 |
Confirmed User
Industry Role:
Join Date: Aug 2003
Location: Redirecting your traffic
Posts: 1,679
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Why ask for anything.
Just tell them you are currently are currently accepting offers and could be motivated to sell with the right one. ![]()
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ICQ 228211529 |
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#26 |
Too lazy to wipe my ass
Industry Role:
Join Date: Aug 2002
Location: A Public Bathroom
Posts: 38,632
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DING DInG FUCKIN' DING...
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#27 |
Confirmed User
Industry Role:
Join Date: Apr 2004
Posts: 5,726
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let them make you an offer you can't refuse.
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#28 | |
Too lazy to set a custom title
Join Date: Jun 2003
Location: Ottawa
Posts: 19,631
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Quote:
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you don't know you're wearing a leash if you sit by the peg all day.. |
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#29 |
lurker
Industry Role:
Join Date: Aug 2002
Location: atlanta
Posts: 57,021
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They came to you so i would say make me an offer and start from there. To say 100k sounds nice but if you just scare them away when they would gladly gave u 20k. then u have nothing.
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#30 | |
Fake Nick 1.0
Industry Role:
Join Date: Oct 2005
Location: Rent free, your head
Posts: 27,663
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Quote:
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#31 |
So Fucking Banned
Industry Role:
Join Date: Apr 2001
Location: the beach, SoCal
Posts: 107,089
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How did you determine it is worth $5k?
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#32 |
frc
Industry Role:
Join Date: Jul 2003
Location: Bitcoin wallet
Posts: 4,663
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The most important thing is to be professional with them. Even if your starting number is too high for them, if you work with them you should be able to work out a good deal.
I've sold quite a few mainstream domains in the xx,xxx range since 1999....
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#33 | |
Too lazy to set a custom title
Join Date: Jun 2003
Location: Ottawa
Posts: 19,631
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Quote:
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you don't know you're wearing a leash if you sit by the peg all day.. |
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#34 |
Octopus Anime
Industry Role:
Join Date: Sep 2007
Location: Chicago
Posts: 1,064
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I was wondering same thing.. Domains are a weird thing. We bought vcams.com and tried to pick up vcam.com for the misspelling. Funny thing is that the seller of vcam.com wanted 10 times more for vcam.com than was paid for vcams.com. They would not budge. In my opinion vcams.com is clearly a better domain.
Point is that there are so many factors in deciding the value of a domain. The business model, sellers desperation for money, etc etc Definitely shoot super high. You never know. I have seen many domains I thought were worth a couple of k sell for over 50k |
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#35 | |
Octopus Anime
Industry Role:
Join Date: Sep 2007
Location: Chicago
Posts: 1,064
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Quote:
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#36 | |
Fake Nick 1.0
Industry Role:
Join Date: Oct 2005
Location: Rent free, your head
Posts: 27,663
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Quote:
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#37 |
Confirmed User
Industry Role:
Join Date: Jul 2010
Location: tits
Posts: 2,751
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tell us the domain name............
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#38 |
Judge Jury and Executioner
Industry Role:
Join Date: Jan 2005
Location: South-America
Posts: 9,495
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Say them you have plans with it and you want to develop it further. But that for the right price everything is for sale. And let them make an offer. You have time, they want to domain fast i think cause they might have plans with it. Try to sent it anonymously with a gmail account, you never know what their plans are.
If there is a copyright problem the amount you ask could be lower than the costs they have to make for a lawyer/proces. But it depends on the name if there is copyright infringment. I sold domains i bought 2 years ago for 50 euro for 6500 euro. So who tells your domain is only worth 5K? I had domains that sedo.com didn''t want in their special auction and i sold them for a better price than most of their domains in that particular auction. It is all about hwat people think the domain is worth for them.
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everything is fake |
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#39 | |
I Like Depth Of Field!
Industry Role:
Join Date: Jan 2003
Location: Las Vegas, NV, USA: 36.12318 N, 115.090219 W
Posts: 14,861
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Quote:
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#40 |
Confirmed User
Join Date: Feb 2002
Location: Free Speech Land
Posts: 9,484
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They could be setting you up for a lawsuit.
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#41 |
Tube Master
Industry Role:
Join Date: May 2004
Posts: 1,640
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#42 |
Too lazy to set a custom title
Join Date: Aug 2001
Location: portland, OR
Posts: 20,684
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My advice, for what it is worth:
As others have said, look into the company and see what kind of revenue they have. If it is a huge company, paying you a decent amount might not be that big of a deal. If they are a smaller company, it will be a bigger deal. I would ask them for an offer. Just say to them something like, "I hadn't really thought much about selling the domain, but I would be open to considering it. What would you consider a fair price?" You can tell a lot by this offer. If they say $150 and you come back with $100K they might just walk away and buy a different, similar domain. If they say $10K and you say $25K you could be in situation where you could come to a good deal. If the domain is really similar to a product they have trademarked you also don't want to go so high that they might just say fuck it and try to take the domain. You could fight it, but then you are spending money instead of making it. Don't let greed stand in the way of making a good deal. If you really don't care whether you sell the domain or not then you might as well swing for the fences, but if you are serious about selling it, be realistic and be reasonable. |
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#43 |
Confirmed User
Industry Role:
Join Date: Jul 2010
Location: tits
Posts: 2,751
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i have found most companies would buy up all the .net .org etc.. domains then go after the ones others have
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#44 |
Confirmed User
Industry Role:
Join Date: Dec 2007
Posts: 3,108
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research what its worth and then research the company. get it all in writing and don't expect $100k for a domain if it's worth 5k.
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#45 | |
hey
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Join Date: Mar 2012
Location: with you
Posts: 2,209
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Was gonna post my ![]() ![]()
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Chaturbate Affiliate |
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#46 |
Mainstream Businessman
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Join Date: Jan 2007
Location: San Diego
Posts: 9,291
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So what happened?
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#47 |
Porn is Dead. Move along.
Industry Role:
Join Date: Aug 2006
Posts: 13,295
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ya wtf happened?
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#48 |
So Fucking Banned
Industry Role:
Join Date: Jun 2011
Location: the land of woke sleuths
Posts: 16,493
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Ask for 1 milluon. ;)
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#49 |
Confirmed User
Industry Role:
Join Date: Oct 2011
Posts: 144
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Go retard and ask them a 100k. You might get lucky! And if they negotiate and bargain, it will still be a win win situation for you.
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#50 |
Confirmed User
Industry Role:
Join Date: Jul 2003
Location: Australia
Posts: 5,065
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Did you handle it poorly or did they low ball you at $70. There are plenty of domainers that are offering to buy premium name domains at low ball prices my guess is the inquiry faded away like the thread.
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