How to sell a domain name!

How to sell a domain name?

Before trying to sell your domain name, it's important to make sure the name you are selling has commercial viability, by this I mean the name makes sense, it's brandable or has exciting end users who are actively using that name within the company. For Example: You own Example.com and there are companies called WeAreExample.com TryExample.com or GoExample.com 

Ok so you have a commercially viable domain name, now you need to understand all domain names even X.com are worth $0 to company A and $10m to company B - it's your job to find the company who will gain the most value from owning it, as they would naturally pay the most for it!

Your next step is to put the name on the market either on established marketplaces like Dan.com Sedo.com Afternic.com Sav.com etc etc or actively outreach to potential end users via email, call or social media. End users rarely spend their days surfing domain market places unless they are actively looking for a specific name. Most domain sales sites are 99% resellers (domainers) looking for a bargain to resell further down the line to an end user. If you're looking for a quick flip then list the domain on such marketplaces with a lower price - the gold is selling to end users.

When outreaching to an end user depending on the size of the company try and target the CTO/ IT Director / VP IT / CIO / CMO - these are the people who will most likely understand the importance of domain names, targeting the CEO may not always be the best option and they will be more on board if the sales pitch came internally to his/her desk from there trusted CTO rather than a cold email!

Utilise Linkedin to contact relevant staff or sales software platforms like Rocketreach to gain email address and phone numbers - narrow down your criteria for a higher chance of a sale.

Selling a domain name can be a straightforward process, but it requires some research and preparation to ensure that you get the best possible price for your domain.

Here are some steps you can take to sell a domain name:Determine the value of your domain name:

Before you put your domain name on the market, you should have a good idea of its value. You can use online domain valuation tools to get an estimate of your domain's worth, but keep in mind that these tools are not always accurate.

You should also consider factors such as the length of the domain name, the keywords it contains, and its overall marketability.

Find a domain name marketplace: There are many online marketplaces where you can sell your domain name, such as Sedo, Flippa, and GoDaddy Auctions. These platforms provide a way to reach potential buyers and facilitate the sale. You can also list your domain name on popular social media sites or domain name forums.

Create a listing: Once you've chosen a marketplace, create a listing for your domain name that highlights its unique selling points and potential uses. Include a clear and concise description of your domain name and its value proposition. It's also a good idea to include the asking price for your domain name.

Negotiate and close the deal: Potential buyers may make an offer or start a negotiation. It's important to remain professional and be prepared to answer any questions the buyer may have.

Once you have agreed on a price, use an escrow service to ensure a secure and smooth transaction. Remember, selling a domain name can take time, so be patient and persistent in your efforts to find the right buyer