Pricing Consideration While Selling A Domain
In 2009, insure.com was sold for $16 million which is equal to Rs. 1,14,46,40,000 . Mind-boggling, right? That’s just crazy and there are several other examples: insurance.com, vacationrental.com, etc.
This doesn’t mean you’ll also get astronomical amounts for your domain. A lot of the popular keyword domains have already been purchased. And it’s unlikely that you have a domain with common but attractive names .
To get an idea of the pricing, visit domain trading websites. You’ll know how much the domains similar to yours are being listed. Set the pricing expectations accordingly.
Stay Safe When You Make Your Sale
One of the great things about GoDaddy Auctions is that they will usually automatically use escrow for any sale of $5,000 or greater. Escrow is a safe way of transferring large amounts of money with minimal risk to both buyer and seller.
But, even with the security that comes with GoDaddy, make sure you are smart about how you make your sale. Unfortunately, there are scammers out there, so be protective of your personal details. Never give personal information to someone over email or the phone, and never take the sale off of your domain brokers platform.
If something doesnt feel right or the buyer asks you to use a payment method youre not comfortable with, dont move forward with the sale. Its not worth risking your security for a sale, and therell be other buyers in the future. Safety should always come before profit.
List Your Domain For Sale
The final stage of selling your domain is of course landing the sale. Top domain marketplaces are the best option, because the transaction is handled by a trusted company, making it more likely that buyers will follow through with the sale. Choose wisely, and you should be able to keep your costs down. CAX is a domain marketplace where you can sell your domain if you’re okay with giving up about 8 to 10% of the sale as commission.
You get the option to customize your sales page so that it flows well with the domain page that you’re drawing potential buyers from. Another popular place to sell domains is GoDaddy Auctions.
The biggest reason for using GoDaddy in my opinion is that it’s the most well-known domain company on the Internet, and because of that you’re likely to have a much larger audience of potential buyers that are searching Go Daddy Auctions for a new domain.
Other great domain marketplace websites include:
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Answer: Yes You Can Make Unlimited Extra Income
There are lots of people that make good side and full-time incomes from trading domains and domain flipping.
The key is to have patience.
That means taking the time to find the right domain names to invest in. You certainly dont want to be buying every domain name that you come across.
The other key is to find the right buyer.
When you buy a domain, it will take time to find the right buyer who values the domain name at the right price.
If you do both of these things well, you can make very good money from trading domains.
To help you do this, there one domain marketplace I can recommend: TB Solutions.
Both of these marketplaces help you find quality domains that already have a lot of value. Use these to find great domains for really good prices.
List Your Domain On Godaddy
To get started selling your domain on GoDaddy Public Auction, the first thing you need to do is create a GoDaddy Auctions account if you dont have one already. After that, log in to your GoDaddy Auctions account and add at least one payment type in your settings page. The payment type that you add will determine how you will funds payments when someone buys your domain at the end of the day. Once the payment type is added, you can then proceed to click on the List a Domain link in the top menu where you will enter the domain name you want to list.
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How To Sell A Domain On Godaddy
There are several ways to sell a domain on GoDaddy, either through GoDaddy Auctions or through Buy Now Listings. GoDaddy also offers List for Sale as another way to sell your domain. Sale options are available through our GoDaddy accounts.
GoDaddy Auctions allows you to list your domain name in a 7-Day Public Auction. Here youll be able to set your asking price and the minimum starting bid. You can also set the reserved price so your domain will only sell if the winning bid meets a certain threshold. To sell your domain with this method, make sure to sign in to your GoDaddy Auctions account.
In addition to the public auction method, GoDaddy also allows users to sell domains using the Offer/Counter Offer and Buy Now Listings option. This way you can let buyers submit their own offers for your domain names. If a buyer submits an offer, you can accept it, counter it, or send it to the public auction. The Buy Now price is a price that the buyer can purchase the domain for immediately.
GoDaddys List for Sale works a little differently, log in to GoDaddys Domain Control Center and select list for sale next to your domain. Youll have to set up your payee profile separately, but youll be able to directly sell your domain to over 100 top registrars and reseller websites.
Factors That Influence The Price Of A Domain
A common factor that influences the price of a domain is the length of the domain itself. Everybody prefers a shorter domain name to a longer one, which makes shorter domain quite difficult to find. The reason is that shorter domain names are easier to remember and type in the address field of a web browser. Due to the high demand for shorter domain names, they are often valued higher than longer domain names. Besides the length of the domain name, the keywords in it also influence the value. If the keyword is popular in a specific industry, itll be valued better since they help in SEO.
Brandability is another factor that determines how high you can sell a domain name. If a domain name is easy to brand, chances are most people will want it, and itll end up fetching a good price. People and businesses often avoid using complicated, hard to remember domain names. A good domain name should be unique, descriptive, brief, credible, user-friendly, and most importantly, memorable. The last factor well discuss that affects the value of a domain name is its position in the domain hierarchy. Top-level domains such as .com and .net have experienced a massive boom, and statistics show that they are quite in popular use and demand.
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How To Sell Domain On Godaddy Auction In Detail
I Hope you understand about How To Sell Domain on Godaddy and you have taken your membership. Now you have to sell your domain in the auction for that you follow these steps.
Step-1. First go to the auction. click on it you will get the option of the domain of the list.
Step-2. Enter the name of your domain And click in the listing type in the 7 Days Public auction.
Step-3. Prices dell of the domain you can start at a minimum of $ 20 Select general in category. You can also add a description of your domain.
Step-4. After that select your payment option. Click the Agree in the terms and condition and click in the finish button.
After that you have to wait for a while. Confirmation will be mailed to you on behalf of Godaddy. So Friends you can list any of your domains in this way.
Anyone can now bidding in your domain after that you can take your domain.
Godaddy Terms And Conditions
Before you know that How To Sell Domain on Godaddy, you have to understand godaddy terms and conditions
1::> > Your domain will not show in the auction page to put the domain in public auction with Auction Membership.
If you want your domain to be show in the home page you will have to pay 1200 rupees and charge.
2::> > The price at which your domain is sold 20% of the price will be kept and you get 80%.
3::> > The Godaddy takes a lot of charge but the chances of having a domain sell in that is very high.
Because the Godaddy is still the largest domain selling company and many people in the heel can come to purchase a domain.
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Sell Your Domain Name On This Website
- Go Daddy Auctions
Do you want to sell your domain name? Maybe you have some unused domain name and you dont want to waste some of it, or you are just starting an online business as a domainer, or what we usually call domain flipping.
When I first started this business it was so hard to find information about domain flipping, I was scouring the internet every day but I couldnt find the best place to sell my domain name, but after a lot of research here and there, creating a poll , asking random people.
I finally found ways how to sell domain names and what are the best places to sell domains.
This article is based on my own experience with domain flipping, and I also create some surveys, and ask some experts in domain flipping, people that have done domain flipping for more than a decade, and sold some high-value domain names.
If you are just starting a domain flipping business there are a lot of things that you need to learn, some might tell you that domain flipping is an easy to rich business, but actually, it is not, it is not as easy might you think, domain flipping is a waiting game, and you will need to wait before your domain name getting sold.
If you want to sell your domain name fast, you must list it on various domain flipping marketplace, since the more marketplace you listed your domain on sale, the more chance it will sell,
Fix A Price Based On Your Domain Name Value
Now that you have a better idea of your domains value, its time to put a price on it.
Getting to a fixed price is more of an art than a science.
I like to start off by seeing what other domains have previously sold for that are similar to the one I am selling.
You can then add to the price based on the value that you calculated in step 1.
Head over to Godaddys domain appraisal tool to get a quick appraisal of your domain.
Godaddys algorithm uses machine learning and real sales data from similar domains to give you a price estimate.
Knowing what buyers are already paying for similar domains gives you a lot of information on what yours is also worth.
Word of warning: Dont just take Godaddys appraisal price and go with that.
Godaddys algorithm doesnt take into account things like:
- Domain name SEO authority
- If the domain makes money already
- Current traffic to the domain
Thats why we need to add your calculated value on top of the Godaddy price estimate.
If you just take Godaddys estimate, you will likely be underpricing your domain by a good chunk.
With both of these things in place, you should be able to come to a specific price.
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Optimize The Domain Listing
A well-optimized domain listing can grab the attention of potential buyers. Here are some ways to optimize your domain listing and obtain a higher price:
- Advertise the domains best features. Showcase important benefits of the domain to increase its price. For example, share current traffic statistics, how much ad revenue it generates every month, and if youre also selling the corresponding social media handles.
- Create banner ads. Design a simple banner with minimal text the domain price and a call to action that leads to the selling site or your domains landing page.
- Update your information on the WHOIS record. A WHOIS record displays domain ownership information, including the owners name and contact information. Using a WHOIS lookup tool, buyers will be able to reach out and offer to buy the domain.
- Showcase the domain on social media. Set up social media pages for your domains, join domain selling groups, and network with other sellers. Regularly post useful content and join discussions on those pages for more engagement.
Best Domain Name Forums To Sell Domain Names
In addition to actual auction sites and marketplaces, another popular option for finding quality domain names to buy or sell come from forums.
This doesnt mean just jumping onto any hobby forum and looking for the random sales thread. There are three major forums where selling a good domain name could be an excellent option.
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Price Your Domain Name
Now that you have an indicator of what your domain could potentially sell for its time to decide on the right pricing strategy. As we wrote here, most aftermarket domain names sell in the US$2,000 range, and the fast majority of the rest of domain names that are being purchased on the secondary market go for under $5,000. So unless you have your hands on a premium domain name that should sell for well into the five or perhaps even six-figures its highly recommended you market the domain name with a realistic, priced to sell, Buy-It-Now price. According to research from leading domain name marketplace Sedo, domains with a Buy Now price are three times more likely to sell than the standard make offer domains. Another reason to choose this strategy is that a Buy-It-Now pricing creates a sense of urgency for buyers if they dont buy now, someone else might and they may lose out on the opportunity to own the domain name forever.
If you own a highly sought-after domain name and enjoy the process of negotiating a deal, there are several reasons to go with the Make an Offer approach instead of a putting a fixed price on your domain. Receiving offers on your domain name will allow you to do some due diligence on the interested party and find out what their plans with the domain name are and how much they are potentially able and willing to pay to acquire your domain name.
Is Godaddy A Good Place To Sell Domains
GoDaddy is a popular choice for selling domains, as it is one of the largest domain registrars in the world. Many people feel comfortable using GoDaddy because of its size and reputation. However, some have criticized GoDaddy for its high prices and lack of customer service.
Our definitive list of the best places to sell domain names in 2022 includes over 40 domains. The process of flipping domain names was much simpler in the past. If you knew where to look and what to buy, you could earn thousands of dollars. There is still a chance that it can be done, but there is still a lot of work that must be done. Yes, you must be extremely lucky to survive. It encompasses much more than just a domain marketplace. In addition, they sell a variety of online businesses, Amazon warehouses, and other assets.
Flippas set-up process will assist you in completing the steps required to conduct a domain auction. Afternic provides a variety of high-value domain options, and you can choose Afternic if you have a valuable domain. is an excellent marketplace for both high-quality and low-cost domains. The namepros forum is a forum for online business owners and entrepreneurs. Even if SnapNames interface is ugly, it is still very old. The Efty tool is an excellent place to start when it comes to domain investing. Using Efty to assess your domain investments at a macro level can be beneficial.
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Expert Tips For Buying And Selling Domain Names For Profit
The GoDaddy product information in this article is outdated and currently under review for accuracy. For the latest up-to-date product information please visit godaddy.com
This article was originally published on Aug. 5, 2015, and was updated on Dec. 3, 2018, and Sept. 11, 2019.
Buying and selling domain names is an exciting adventure that for some seems to conjure up images of finding hidden pirate treasure or guessing the winning combination on the next Powerball. Stories abound of domains that were purchased for $8 dollars 15 years ago being sold today for millions. Of course, that leads the more adventurous of us to wonder, How can I do that?
Well, the ocean is big. Your likelihood of cashing in on the motherlode is low, and youre liable to waste a lot of time and money chasing after the wrong ships. You need a map or some other advantage to guide you toward that elusive booty.
These five tried-and-true tips for buying and selling domain names for a profit can navigate you to becoming an expert.
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What Are The Advantages Of Using The Domain Broker Service
Advantages of using the Domain Broker Service include:
- Using GoDaddys name creates trust with the potential seller
- You stay anonymous as the buyer
- GoDaddy’s experts are familiar with aftermarket pricing to get you the best price
- GoDaddy has a large network you might not have access to, with experience using the tools to make the sale
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