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 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 so desperately want to buy something. Let’s say that most comments are in the neighborhood of “you’ve lost your mind” or “you’re the scum of capitalism.”
I don’t mind the comments. After all, to some extent, everyone is entitled to their opinion in expressing the first amendment.
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…