How to Get your Domain Sold for Top Dollar?
For those who own domains or want to own domains, there are certain levels of selling that need to be recognized depending on your domain investing strategy.
There are three places to sell your domain:
General Marketplaces (Eg. NamePros, Ebay)
Domain marketplace websites (Eg. Flippa.com and Sedo.com)
Private Inquiries (You wait for people to make offers on your domains or you actively seek out buyers)
The value of your domain and the amount you want for your domain should determine what place to sell your domain. This is because there are three different kinds of buyers that you deal with when trying to sell your domain:
Resellers are the people, like qeip, who wish to buy domains at the lowest price possible so that they can make a profit on them immediately. The only place that we might encounter these buyers are in public auction sites and such but we don’t want to sell to these people because they hinder our earnings potential even if we could make a profit off of them.
Investors are the people who pay a premium for a domain just to have it as investment which they believe will gain in value in the future and they can sell it. Investors are our target audience because they are all of all of the venues that we sell on and they can get us large profit margins.
End users are the companies, entrepreneurs, and people that want to buy a domain to develop it into a full-fledged website or want it as a redirect for branding purposes. End users are our target audience because they have generous budgets and they are willing to pay tens of thousands or more to obtain the domain they want without any questions or persuasion necessary.
What you have to understand is that Marketplaces (eg. Ebay) are filled with resellers who won't give you much for your domain because they want to make a quick profit off of it. Domain Marketplaces (Eg. Flippa) are mostly resellers with a few investors. Then you get to Private Inquiries which almost always consistent of end users with a couple investors.
What you see is that End users can only really be found through private inquiries. End users can only really be taken advantage of through strong brokerages. When a company sees that a brokerage firm, like qeip, is representing a domain, they feel more entitled to listen than if a "domain owner" came up to them to ask them to buy said domain. Qeip takes advantage of this fact with our brokerage services which focus on a four step process:
1. Qeip is hired to sell a premium domain for someone.
2. Qeip makes a list of companies that in related industries which they use to make a list of business contacts in the advertising/marketing departments of these companies.
3. Qeip contacts each of these business contacts through calls and emails to announce to them that a premium domain is available .
4. Qeip gets multiple offers from different companies, which they use to start a bidding war to get the domain the highest price.
This process in addition to our extremely low commission prices is why domain owners choose us over the big brokers. If you want to learn even more about our brokerage services, please go to the link below: