Reseller market hits all time low

[thevirtual]

The reseller market on the forums has hit an all time low, it seems. Browsing the forum seeing only lowball offers and single digit bids. Even premium domains are not getting offers. This is after a slow decline in domain sales for most of the year...

 

[JuniperPark]

Not sure where you get your data, but we just saw some great .info sales this week at the auctions, and this has been a great summer for us in sales numbers and volume.

 

[theinvestor]

Just because the forum has been slow does not mean the sales are slow everywhere.

I've received more offers this month than this entire year.

 

[Theo]

Resellers are looking for good deals. The hot market is the end-users

 

[David G]

Resellers are looking for good deals. The hot market is the end-users

But how do you get the end-users :?:

 

[ordersomething]

But how do you get the end-users :?:

edited

 

[Theo]

But how do you get the end-users :?:

Ah, that's the $64,000 question - adjusted for inflation

 

[BiggieBiggie is verified member.]

But how do you get the end-users :?:

lit's like fishing ...

i wait for them to bite

 

[DomainsInc]

lit's like fishing ...

i wait for them to bite

oops wrong post

 

[thevirtual]

lit's like fishing ...

i wait for them to bite

This method is more effective if you are dealing with premium domains with high demand otherwise you may be wasting your time. Of course it is more effective to seek end users, but it is easier to reel them in if you have to right bait. You may not get much results without a good sales approach.

 

[classick]

Ah, that's the $64,000 question - adjusted for inflation

If only i could read your mind,I would be 1 billion richer....lol

 

[mibworld]

I agree that prices have been going down lately. Economic situation and summer are the main factors I think. Prices should increase again in a few months if nothing terrible happens.

 

[fab]

and single digit bids

Really!

 

[JohnnJohnn is verified member.]

The problem:

Sellers try to sell to sellers.

I just closed a couple .net names last week in the $x,xxx range each.

Go out and look for end-users or semi-end-users. There are still a lot of people who does not know the domain market. You need to fill in the missing link between the buyer and seller.

John

 

[thevirtual]

Reseller market continues to spiral...

 

[Theo]

I hope so, when I make a nice buy tomorrow

 

[copper]

Reseller market is down, but, enduser markets?
I am getting more and more inquiries by email.
Closing sales, that's another story

 

[Acquisition]

The end-user market is HOT ! And that's where you get the most money anyway. The last few months have been the best ever for end user sales for us. And we've been in the domain business since 1999.

The brick and mortar is going down, but the "click" and mortar is going up.. Companies know how imperative it is to expand their internet presence in this day in age.

If you have any sense and any good salesmanship techniques, selling to end-users for a good amount is like taking candy from a baby. Of course you need good names and not crap.

If you have crap names that don't open any eyes, it doesn't matter what you try to do. Crap spawns crap.. You can't make chicken salad out of chicken sh*t.

 

[thevirtual]

The end-user market is HOT ! And that's where you get the most money anyway. The last few months have been the best ever for end user sales for us. And we've been in the domain business since 1999.

The brick and mortar is going down, but the "click" and mortar is going up.. Companies know how imperative it is to expand their internet presence in this day in age.

If you have any sense and any good salesmanship techniques, selling to end-users for a good amount is like taking candy from a baby. Of course you need good names and not crap.

If you have crap names that doesn't open any eyes, it doesn't matter what you try to do.

I have seen my end user sales go down to zero this past year even though I have gotten much better domains and started sending out much more emails/phone calls.

 

[Poker]

I have seen my end user sales go down to zero this past year even though I have gotten much better domains and started sending out much more emails/phone calls.

The types of names you want to have don't require any "soliciting". End users with cash go looking for good domains and become emotionally involved in the process. If you have decent names all you need to do is provide a contact form and/or whois contact info. The real skill lies in negotiating good deals for yourself. If you start with less than good names, your already behind. The market decides what names are good, you just have to tune in.