Scott7
Top Contributor
I received an unsolicited offer of $500 on a two keyword .com.au domain name that I hand registered for $20. The page was parked with a buy it now price of $1600.
Before responding, I researched the name of the person making the offer and found that he owned a business in Sydney in the main industry that would have use for the domain. With this information, and considering the likely turnover of his business, I assumed that his offer was an opening one of around half of what he'd be willing to pay. I then countered, politely and respectfully, with $1200, again assuming that he would reply with an offer between $800 and $1000.
Wrong! After that he would not reply to any of my correspondence. Now maybe he had just changed his mind and wouldn't have purchased the domain even if I had accepted his initial offer. I can't be sure.
While I realise that this offer is loose change compared to the sort of negotiations and sales dealt with by some of the regular contributors on DNT, for me it was a big disappointment at the time. I would be very interested to hear some of the sales negotiation experiences of others and any advice that members have for such occasions.
Before responding, I researched the name of the person making the offer and found that he owned a business in Sydney in the main industry that would have use for the domain. With this information, and considering the likely turnover of his business, I assumed that his offer was an opening one of around half of what he'd be willing to pay. I then countered, politely and respectfully, with $1200, again assuming that he would reply with an offer between $800 and $1000.
Wrong! After that he would not reply to any of my correspondence. Now maybe he had just changed his mind and wouldn't have purchased the domain even if I had accepted his initial offer. I can't be sure.
While I realise that this offer is loose change compared to the sort of negotiations and sales dealt with by some of the regular contributors on DNT, for me it was a big disappointment at the time. I would be very interested to hear some of the sales negotiation experiences of others and any advice that members have for such occasions.