List Your Domain Name For Sale On Domain Marketplaces
If you made it all the way here youve already learned about the importance of capturing direct visitors to the domain name with a landing page first and foremost. But this does not mean that listing your domain name for sale on domain marketplaces wont add value.
Many of the large marketplaces have repeat buyers and a so-called distribution network in which they partner with other websites such as registrars to put your domain name in front of potential buyers across the globe.
How To Sell Domain On Godaddy
It is beneficial to know how to sell domain on GoDaddy. GoDaddy is one of the top platforms that provides as well as sells services. On this website, you need not worry about how and where, as there is an option available for everything.
Domains are the web addresses you purchase to locate your website on the World Wide Web. One must buy these from the providers at a suitable price. GoDaddy domainauctions help the owner to sell theirs for a good profit. The customers also get a chance to purchase a domain that has been worked on well enough for the websites.
Determine The Value Of Your Domain
Before you can list your domain for sale you need to know how much its worth.
The biggest mistake I see people make is listing their domain for sale without knowing how much its actually worth. They either end up:
- Overpricing the domain and it never sells
- Underpricing the domain and it sells quickly for way too little
Here are some questions to help you figure out the value of your domain.
Spoiler: If the answer to each of them is yes, you have a very valuable domain.
Does The Domain Name Receive Any Traffic?
If the domain name is receiving traffic the value of it just went up. A lot.
If the domain comes with a pre-existing audience, the new buyer gets extra value from that traffic. They can immediately leverage that traffic to grow their site quickly.
If you buy a domain with zero traffic, its hard to get it off the ground hence its valued less.
Click here to learn how to check your domain ownership history& historic domain authority.
Does The Domain Name Generate Any Income?
This is one of the biggest factors to consider.
In most cases, the goal of any website is to generate money in one way or another.
When you buy a domain that is already generating some income it produces immediate value for you.
Domains that generate income are often sold for 20x-40x monthly profits.
That means if your domain makes a $1,000 profit each month, it could be worth as much as $20,000 $40,000.
Does The Domain Have Any SEO Authority?
Is Your Domain Name A Popular Top Level Domain?
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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.
How To Sell A Domain Name For Profit Step By Step
Wondering how to sell a domain name profitably?
Its not as hard as you think. You just need to have the right process in place and exercise some patience.
Heres the problem:
Many people undervalue their domain and sell it for far less than its actually worth. Just because they have no idea:
- How to value their domain correctly.
- How to get a good price for it.
Selling your domain name doesnt have to be difficult.
Im going to show you how to sell a domain name and make sure that you get a good price step by step.
What Will I Learn?
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Sell Your Domain Name At Auction
If youre in the market to sell your domain name quickly, there are a few auction sites waiting to help make it happen. These sites operate in a similar fashion to online auction sites such as eBay. You create a listing, set a reserve price or min openings bid and in some cases a Buy It Now price.
The majority of buyers on domain name auctions sites are domain name investors so you have to be prepared to sell your domain name at so-called wholesale or reseller price levels which usually is between 5 to 15% of the retail price of a domain name.
As an example, I sold TechTuna.com, a domain name I purchased for $10 in 2016 for $69 to someone at an auction site who then listed the domain name for sale at BrandBucket.com where it sold for around $2,000 shortly after.
Prepare Your Domain Listing
Once youve chosen your marketplace its time to optimize your listing. A lot of sellers just upload their URL and call it a day. However, you can maximize your chances of selling your domain by making it more attractive.
For example, does your domain have any existing traffic? Does the domain have considerable age? Does your domain have any existing authority?
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Buy Any Domain Of Your Choice With Godaddy
What do you like best?
It is an excellent service from GoDaddy. Here you can ask their experts to buy out any domain which is already owned by anyone else. The experts and professionals will help you deal with the concerned person and get that domain for you n the reasonable prices. Also, they will track all the processes until you get that domain, so you will not face any difficulty. Review collected by and hosted on G2.com.
What do you dislike?
The experts and professionals from GoDaddy charge very high fees for their service and sometimes also sets an additional margin of the deal. Review collected by and hosted on G2.com.
What problems are you solving with the product? What benefits have you realized?
I have used it to sell my domain, and they listed it over my website and their partner sites. Then they provided me regular offers over that and also gave me reasonable offers in money to close the deal. The service and the process were smooth, and they kept everything very clear and open until we made the deal close. Review collected by and hosted on G2.com.
Tips To Get A Great Deal Selling Your Unused Domain Name
Domain names can sell for anything from a few hundred dollars, to tens of thousands of dollars in some cases. There are even sales in the hundreds of thousands of dollars in some unique cases. The real valuation of a domain name comes from a number of factors, and by understanding those factors, you can increase the value of your domain before you make the move to sell it. A lot depends upon where you are in the process as well.
Domain Name buying and selling is one of those things that many people donât even realize is an activity that goes on, yet there are a surprising number of entrepreneurs out there that are making a tidy profit from domains within that online marketplace. All you have to do is browse the list of top 100 domain name sales on DN Journal to realize just how much money is at stake here.
Domain names can sell for anything from a few hundred dollars, to tens of thousands of dollars in some cases. There are even sales in the hundreds of thousands of dollars in some unique cases. The real valuation of a domain name comes from a number of factors, and by understanding those factors, you can increase the value of your domain before you make the move to sell it. A lot depends upon where you are in the process as well.
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Marketplaces To Sell Domain Names
If you’re not dealing with a large number of potential buyers knocking on your door, then it’s time to look at your next best option: the domain market.
These are places that are actually designed for the buying and selling of domain names.
If you’re looking to sell domain names, this is often the best option for turning a domain name into cash. This is where you can find a prospective buyer and every kind of domain broker.
Can I Sell My Godaddy Domain Name
Domain name selling is a booming business and there are many companies that offer this service. The most important part of selling a domain name is to make sure you choose the right company to sell it to.
There are a few things you need to consider when selling your domain name. The most important factor is the price. You want to make sure you get a fair price for your domain name.
PRO TIP:
Secondly, you need to decide how long you want the domain name to be available. Some companies will give you a set period of time to sell your domain name, while others will let you sell it indefinitely.
The final thing to consider is the transaction. Make sure you have everything ready before you sell your domain name.
The company you choose to sell it to will help you with the process.
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Domain Marketplaces And Auction Sites
The best way to sell a domain name is via specialist domain name marketplaces or domain listing sites. These marketplaces often partner with dedicated domain registrars so that when listing your domain name, it is seen across various avenues by as many eyes as possible.
At Flippa, we can provide the tools and expertise to sell your domain name successfully. Although we are predominantly an avenue for buying and selling fully-fledged websites and online businesses, our domain market is an active, thriving one. We often attract individuals looking to purchase domain names and turn them into businesses.
However, several other sales options exist if you wish to buy and sell domain names. Each of the following avenues offers something slightly different. Be sure to conduct your due diligence to determine which one may be best for your particular situation.
Selling Your Domain Name
Selling your domain involves a three-step process. This includes listing the sales price for the domain, creating a For Sale landing page for the domains website, and publishing a listing for the domain on Afternic.
If you dont know just how much your domain name is worth, GoDaddy provides an estimate pricing tool. This will help you set a more accurate price for the listing.
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Why Should I Buy Or Own A Domain Name
If you have ever wanted to start an online store or use a website to showcase your creative talents, owning a custom domain name helps improve your credibility and presents you and your business in a professional light. Your domain name is a personal introduction to people who may come across your website via search engines.
Once you have your custom domain name in place, it becomes easier for potential partners to remember. It can also form the basis of standardizing each aspect of your business or website. For example, if you have your first and last names as your domain name, you can use them as part of your email address.
However, some people dont look to buy domain names for personal use. Instead, they develop and purchase custom domain names that a company may desire in the future. A potential buyer can then approach the domain seller and offer to buy it at an agreed domain name value or fixed price.
If multiple parties are interested, the seller can use domain auction sites to drive the price and sell to the highest bidder, often for far more than the domain name is worth.
Additionally, some people buy cheap domain names as a form of domain investment, also known as domain flipping, and then immediately look to sell the domain name for profit via a domain market.
Often these individuals will own multiple domain names at any one time, and they keep an eye on market trends to determine when to sell.
Build A Great Sales Page
Once you have a good picture of your domain’s SEO keyword power, armed with a convincing vision for how that domain could be put to good use, and an idea of what other sellers of similar domains in your niche are asking for in terms of price, you’re ready to create the sales page for that domain. There are some people that try to combine a sales page and an ad-page so that they can generate some funds from Google ads, while also offering a sales link for anyone interested in buying the domain.
If you’re really serious about selling the domain, you may want to bypass the ads, and devote the entire web page to selling the domain. Provide a clear description of your vision for the domain, include information about the high search value for the domain, and anything else you can think of that would convince the prospect to click on the Inquiry link.
You can use the Inquiry link to send interested buyers to your domain auction page.
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Embrace Fixed Pricing If You Want To Move Your Domains
Regarding fixed pricing, this is always a hotly-debated topic in the domain investor community because some people feel that putting a fixed price on a domain means you risk leaving money on the table.
While that may be true, at least you sold the domain name! As I like to remind people:
He who dies with the most toys still dies.
Most buyers are intimidated by the whole make offer thing and want to be able to browse by price and buy if they see something they like and can afford. Frankly, Id rather have sellers remorse than going to my grave still holding an unsold domain name, but the decision to go fixed-price or not is all yours.
One thing to remember: If someone contacts you directly about buying one of your fixed-price domain names, you can ask them to make an offer, and you can always quote them a higher amount than your fixed-price. Most buyers are not that sophisticated. It is doubtful that they have seen the list price elsewhere.
Target A Specific Buyer For Your Domain
Alternatively, you may wish to actively search for businesses and individuals who may be interested in purchasing your domain. This method usually involves a commitment to outbound sales and emails, so youll need some resilience and patience for this to work.
Try to collate a list of potential businesses that match the keywords in your domain name and may find a use for it. Then use their preferred contact information to make your proposal.
Make sure you keep things simple and professional. Most businesses already have a website presence and will likely not need an additional domain name. However, you only need one to take an interest in a potential sale.
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The Harsh Truth About Selling Domain Names
Lets begin with two important things you need to understand and accept :
Most of your domain names are probably un-sellable. Before I dive into how you can boost your domain sales, its time for a reality check. The number one impediment to what is referred to as secondary market domain name sales is the quality or lack thereof of the inventory.
In general, the inventory that sells best in todays world is one-word, two-word, and sometimes three-word English language .com domain names that directly relate to popular business products or services.
If you are holding non-.com inventory or domains that contain invented words, or phrases, be prepared for the low probability that this inventory will not sell in your lifetime.
The cold, hard reality is that secondary market domain names are not very liquid assets. This probably means that most of your inventory is not going to sell. Of course, there will be exceptions to this, but they are, by their very nature, exceptions.
Most end-user buyers dont know where to look for secondary market domain names. They dont know how to contact the owners, nor do they have any idea of how to purchase and transfer a domain name. As a result, they become confused and frustrated by the process.
Quite frankly, who can blame them? So the more you can do as a domain speculator to soften the edges here, the greater the likelihood you will sell some of your domains.
What Is A Domain Name
A domain name is simply the sequence of words or phrases typed into the search bar within search engines to visit a website. They are an easy alternative to IP addresses that would otherwise have to be used to connect directly to a web page.
The four main domain name types:
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