Don’t Tell Me You Have a Small Budget
“I am interested in buying your domain name but have a small budget”
One of my big pet peeves when dealing with a prospective buyer is when they open an inquiry by telling me they have a small budget. I understand that they are at least trying to set my expectations at a low level, but I find this quite annoying and sometimes won’t even reply when this is one of the first things mentioned.
I have read various articles advising domain buyers to tell domain owners that they are students, working for a non-profit, looking to start a small business…etc. in an effort to get a better price. When I receive an inquiry with that type of language, I almost immediately write it off.
I understand that this is probably a tactic to get a lower price, but I don’t want to deal with students with low budgets or people pretending to be students with low budgets. In either case, it’s probably just going to waste my time. I don’t buy domain names in the aftermarket to sell them inexpensively.
When trying to buy what is clearly a valuable domain name, I think buyers will have better luck being honest than lying and immediately being written off. I don’t know of any domain owner who receives an email from a “student” and thinks that they are going to give them a better deal than someone else. Perhaps this approach works sometimes, especially when it comes to less valuable domain names, but it most likely won’t work when it comes to better domain names.
Owners of valuable domain names likely receive dozens of inquiries annually for individual domain names. Domain owners are more likely to negotiate with someone they believe is negotiating in good faith, and the “poor student” approach is passe and perhaps risky even.
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