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Domain Discussion
Domain Beginners and Newbies
Do you know the price of your Domain?
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<blockquote data-quote="Biggie" data-source="post: 2343728" data-attributes="member: 1195"><p>Hi</p><p></p><p>your post has some valid information in general...</p><p>however, <em>the price of a domain, is set by the owner, not the end-user.</em></p><p></p><p>i've read many newbies say the same thing > that buyer determines price.</p><p>but if that were true, then there wouldn't be many high dollar sales.</p><p></p><p>also, </p><p>"price and value" may not be equal.</p><p>as a domain may sell below it's true value or above what it's really worth. </p><p>there is also "potential value" and "intrinsic" value, and if you don't know the difference -</p><p>then you may price it below those respective <em>values of worth</em>.</p><p></p><p></p><p></p><p>Hi</p><p></p><p>that is not true, in entirely.</p><p>as brandable domains are often resold to other domainers, in the 3 > 4 figure price ranges.</p><p>for evidence, you can search past sales of them to see where they reside today.</p><p></p><p></p><p>Hi</p><p></p><p>i pretty much agree with above,</p><p>though in the past, i have purchased domains in the morning and sold them a few hours later.</p><p>many 3 character .com, 4 number and 4 letter.com that are now selling for $$$ > $$$$ > $$,$$$ price ranges, could be hand-registered at drop times, back in the day.</p><p></p><p></p><p>Hi</p><p></p><p>i think the question above, is contrary to quote below.</p><p></p><p>just saying,</p><p> if you believe that end-users decide price, then the question becomes moot.</p><p></p><p>still, to answer the question</p><p>i set prices based on a variety of factors:</p><p>traffic, ppc earnings, keywords, intrinsic value, offers, etc</p><p></p><p>price can also be affected by one's "need to sell" versus whether they "have to sell".</p><p>if you <em>have to sell</em> to maintain the portfolio, then one may consider lowering price.</p><p></p><p>if one <em>doesn't need to sell, </em>to maintain the portfolio, then price will be firm or even increased... depending on the actual domain and who owns it.</p><p></p><p>and..... "who owns it" is also a factor in pricing, as they may be able to get a higher asking price for the same domain, than one who may have less knowledge, contacts, or notoriety in the domain game.</p><p></p><p>imo...</p></blockquote><p></p>
[QUOTE="Biggie, post: 2343728, member: 1195"] Hi your post has some valid information in general... however, [I]the price of a domain, is set by the owner, not the end-user.[/I] i've read many newbies say the same thing > that buyer determines price. but if that were true, then there wouldn't be many high dollar sales. also, "price and value" may not be equal. as a domain may sell below it's true value or above what it's really worth. there is also "potential value" and "intrinsic" value, and if you don't know the difference - then you may price it below those respective [I]values of worth[/I]. Hi that is not true, in entirely. as brandable domains are often resold to other domainers, in the 3 > 4 figure price ranges. for evidence, you can search past sales of them to see where they reside today. Hi i pretty much agree with above, though in the past, i have purchased domains in the morning and sold them a few hours later. many 3 character .com, 4 number and 4 letter.com that are now selling for $$$ > $$$$ > $$,$$$ price ranges, could be hand-registered at drop times, back in the day. Hi i think the question above, is contrary to quote below. just saying, if you believe that end-users decide price, then the question becomes moot. still, to answer the question i set prices based on a variety of factors: traffic, ppc earnings, keywords, intrinsic value, offers, etc price can also be affected by one's "need to sell" versus whether they "have to sell". if you [I]have to sell[/I] to maintain the portfolio, then one may consider lowering price. if one [I]doesn't need to sell, [/I]to maintain the portfolio, then price will be firm or even increased... depending on the actual domain and who owns it. and..... "who owns it" is also a factor in pricing, as they may be able to get a higher asking price for the same domain, than one who may have less knowledge, contacts, or notoriety in the domain game. imo... [/QUOTE]
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