Sedo Price Option Strategy

[JeffreyL]

Hi all,


Getting ready to put domains on Sedo... Regards price strategy.


For "Price Option" there are 3 options:

* Not for sale
* Buy now
* Negotiate


Thinking to go with Negotiate and not having Asking Price, but select $200 for Minimum Offer so I don't receive silly offers.


Anyone know what Adams take is on this?


Regards
Jeff

 

[katherine]

I think there is no one size fits all rule.
For some non-strategic domains I set a BIN that makes me happy.
For the others I leave them open to negotiation.

I don't like the minimum offer option much. It has an obvious purpose but an interested party will assume this is your minimum acceptable offer and not just a filter.
If you set the minimum offer to $500, I offer $500. If you counter with 5K, then I say waste of time and look for another domain.

 

[Theo]

Make offer - no minimum.

 

[Stian]

Minimum offer $100k and say a little prayer. ray: