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- Oct 6, 2009
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I received an offer on a name two days ago, that was a recent backorder for me. It's a personal name (along the lines of Simons.com), and I got it because I liked it - but it turns out that it used to be associated with a company in the UK that makes & distributes mulled wine.
The guy who emailed me runs the company (according to Linkedin), as well as a site called XXXXX, which sells a variety of products related to packaging and recreation. I don't think the mulled wine site was active this past year, and I think it was registered to someone else, which is why it was allowed to lapse.
His initial email just said he was interested in acquiring the name, and asked how much I wanted for it.
After I did the necessary research, I figured the ball was in my court because he clearly had a specific purpose in mind for the name. I didn't want to name an exorbitant price, so I emailed back that the BIN was $1000 and that I was flexible on payment terms and could accept installments.
That was too high for him. He wrote back that it was too expensive, so he'd have to leave it. I told him no problem, that I completely understood, and that if he changed his mind, the domain is listed for sale on Sedo (I set a suggested price of $995 and "Make Offer").
This morning, there was an offer of $200, and a note saying my price was too high, but that he was still interested.
Now...I'm all for being flexible with people and for all I know, even though he appears to run several businesses, maybe business isn't good, and $1K is really high for him. But I looked at the part of his site that includes the mulled wine products, and they have over 2 dozen pubs and wine stores in the UK selling their products. They're about to hit the holiday season, which is probably their most lucrative time.
My question is: how do I respond to this guy? Do I tell him I know any of this information? Am I wrong in thinking that $995 is a fairly reasonable amount, especially if it can be split up?
I don't know why he's trying to lowball me, when he clearly wants the name. I'd feel bad if the price is really too high for him, but for me to sell it for $200 (before commission) is ridiculous.
Any advice is greatly appreciated!
The guy who emailed me runs the company (according to Linkedin), as well as a site called XXXXX, which sells a variety of products related to packaging and recreation. I don't think the mulled wine site was active this past year, and I think it was registered to someone else, which is why it was allowed to lapse.
His initial email just said he was interested in acquiring the name, and asked how much I wanted for it.
After I did the necessary research, I figured the ball was in my court because he clearly had a specific purpose in mind for the name. I didn't want to name an exorbitant price, so I emailed back that the BIN was $1000 and that I was flexible on payment terms and could accept installments.
That was too high for him. He wrote back that it was too expensive, so he'd have to leave it. I told him no problem, that I completely understood, and that if he changed his mind, the domain is listed for sale on Sedo (I set a suggested price of $995 and "Make Offer").
This morning, there was an offer of $200, and a note saying my price was too high, but that he was still interested.
Now...I'm all for being flexible with people and for all I know, even though he appears to run several businesses, maybe business isn't good, and $1K is really high for him. But I looked at the part of his site that includes the mulled wine products, and they have over 2 dozen pubs and wine stores in the UK selling their products. They're about to hit the holiday season, which is probably their most lucrative time.
My question is: how do I respond to this guy? Do I tell him I know any of this information? Am I wrong in thinking that $995 is a fairly reasonable amount, especially if it can be split up?
I don't know why he's trying to lowball me, when he clearly wants the name. I'd feel bad if the price is really too high for him, but for me to sell it for $200 (before commission) is ridiculous.
Any advice is greatly appreciated!
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