I’ve written a number of posts about finding and buying domains, how to lease domains, why domains cost so much, the new domain name extensions versus .com domains, to name a few.
No matter what I’ve written about in the past, present, or future, there will always be domain buyers, whether end-user customers or domain investors, who send in a lowball offer or counter with an offer that’s not worth the time to entertain.
Although I choose to respond, I’ve noticed domain buyers that are business owners, those who use their business address to inquire about the price of a domain, tend to undervalue domain pricing when attempting to purchase a domain I own. Most of these business owners are offended when they inquire about a domain and I respond with 5 or 6 figure values. Most simply say, “No thanks, I’ll register a different domain name.”
I’m met with terse comments and responses that I wouldn’t dare mention or even say to the face of a person that I’m so desperately wanting to buy something from. Let’s just say that most comments are in the neighborhood of “you’ve lost your mind” or “you’re scum of capitalism”.
Personally, I don’t mind the comments. After all, everyone is entitled to their opinion in expressing the first amendment to some extent.
Regardless of the inquiry and responses that follow, I make every effort to break down and explain my domain pricing strategy in great detail for each business owner to understand as it relates to their respective industry. Here’s why…