Sunday Update | DomainInvesting.com

Sunday Update

3

I’m out of town this weekend, and I hope you are enjoying some time off from work. Big week coming up.

A few people have posted comments asking for  rationale for some of my domain names’ asking prices. It’s a combination of gut instinct, comps, and even market saturation. Sometimes I want to sell a name quickly, and will price it accordingly. Other times, a rapid sale isn’t necessary, so I will price a name on the high side and slowly reduce the price, letting buyers figure out a fair price between my listed price and bottom price.  I don’t always sell names at the list price, but I sell a lot of domain names.

Just to give you an idea of my company’s domain sales for 2010, the average sales price for me has been $2,616.36. This includes everything from selling names as cheaply as “6 hand registered names for $100 total” to a number of large sales.

I have a great restaurant recommendation for you for the next time you’re in Paris. You’ll want to visit Le Hide near Champs Elysees. Not only will you have a great dinner, but you won’t break the bank either.

Thanks to Fairytale Brownies of Brownies.com & Brownie.com for the box of awesome brownies they sent me. I let them know that Brownie.com wasn’t resolving anywhere, and I hope the DNS fix will bring them additional business this holiday season.

If you like drinking good beer, I have a suggestion for a beer you might want to try. The other night, I had a bottle of Supplication from the Russian River Brewing Company. It was the most expensive beer I’ve had ($22 for a 12.7 oz), but it was great. You can probably get it in stores for $10/beer, and it’s worth a try.


About The Author: Elliot Silver is an Internet entrepreneur and publisher of DomainInvesting.com. Elliot is also the founder and President of Top Notch Domains, LLC, a company that has sold seven figures worth of domain names in the last five years. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest.


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Comments (3)

    roddy

    Pleased to read you are willing to use your gut feeling, i think experience can also play a factor in a name choice

    September 26th, 2010 at 10:19 pm

    Michael Carter

    $10/beer – insane – purch a 30 pack of schaefers and call it a day – people that drink shaefers don’t require a passport so no need to comment on french restaurants.

    September 27th, 2010 at 10:36 am

      Elliot

      @ Michael Carter

      I will pass on the Schaefers like I would pass on a Big Mac. If I start hating my life and just want to get smashed so I forget my name, I will think about buying a $10.00 30 pack… although I would probably upgrade to PBR.

      September 27th, 2010 at 11:14 am

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