I was reading an article on Fusible about Michael Berkens’ rejected offers and I had one of those “what a brilliant idea” moments. It’s a strategy that my wife has been using for years. She doesn’t every tell me what she wants, she merely tells me what she doesn’t want. “What would you like for dinner?, I’ll go get it” I ask. “I’ll eat anything, just no pizza, chinese, or mexican”. In that little statement, she made me feel like I get to choose but in reality she’s kept me from going the easy “cheesy” route.
Making public what you will not take for your domains accomplishes the same thing. You are saying, I am selling these domains but please don’t offer anything lower than this. You are taking all offers but giving the potential buyers some price guidelines to save everyone time. By putting up rejected offers you are,
1. Showing you are open to offers
2. Showing the popularity of the domain
3. Setting minimums without opinion but fact
All good auctions and deals start with an opening bid for a reason. It’s a bid that gets things rolling. People love to have guidelines to get them started. Nobody wants to offend the seller yet they want to know if they are even in the game before they put too much effort into the deal. It also shows that these domains have interest from others and they are willing to pay a price , it’s just not enough. The rejected bids gives a guideline for a price that was an actual offer not a number made up by the seller. Of course, the offer could also be made up by the seller. But even if it is, it’s a much more effective way of saying “minimum offer’