Earlier this month, Frank Schilling was nice enough to let me join his platform Domain Name Sales and Internet Traffic. While my portfolio is relatively small, it’s growing every day and I usually give pretty good feedback and I am thankful that they agreed to let little ole’ me be a part. And they have certainly delivered.
The results I have may not be typical but they are real. I used to be parked on Sedo. I was parked there, not because of the great parking returns, but because I felt it was my best chance to reach potential buyers for my domains. I usually received a few inquiries per month at Sedo with half of them being lowball offers. But I did received some legit offers every once in a while. After talking with other Internet Traffic guys I felt that they may actually be getting more. Not just more because they had better names, but more because of the big “Click here to inquire” button across the top.
It’s nothing fancy but it seems to work because now I am getting inquiries every few days. No, I have not sold a domain yet and yes, many of them never respond to your request for an offer, but several of them have responded and I’ve had good dialog some decent offers. Not high enough to sell, but it’s encouraging to see people interested in my domains.
The back end to the sales platform is a work in progress but its pretty nice. The person that puts in their inquiry is IP tracked and it gives you an idea of what part of the world they are coming from. There are google buttons for their name and emails for us right on the user page if we want to do a little research on the inquirer.
The initial inquiry doesn’t require them to put in a price and is a big vague for the buyer, but it does start the process. Once received, you can then send them an email that is either custom or form letter asking for an offer. From there, the dialog is pretty much like any email dialog except that everything is tracked so you can go back and manage all your past offers and responses.
Tracking the offers is nice because it keeps you consistent and avoids the different prices for different people problem. We all know that people will come back using different email addresses. The IP check also helps because you can see if two different email addresses come from the same city.
Again, while I’ve not sold a domain, I am encouraged by the activity alone. I obviously have a MUCH better chance to sell a domain when I have people inquiring. I could have sold two of the domains for $3K but I am waiting for more. I was fortunate to sell $10K in domains this month both privately and through other platforms and have the luxury of being a little more patient.
And parking? My parking sucked, I mean really sucked. With IT its up 70%. I’ve heard the first month is always much better and then starts to drop a more average level but I guess I’ll let you know if that happens. For now, I am very happy with the activity and the returns since joining the platform. It further reiterates that Frank knows what he’s doing yet is always looking to improve. If you want to do well in this industry you need to surround yourself with people doing great things and by being part of IT I think I am headed in the right direction.