If you own short domains, you’ve probably received your share of lowball offers and it’s a known fact that such domains receive more offers than other domain categories but over the past let’s say 6 months or so, the frequency seems to have gone up quite a bit.
I can tell that most of the offers are from Asia/China (I’m sure nobody is surprised haha) and aside from the volume increase, it seems the offers are getting a bit more aggressive. Aggressive as in using subjects such as “High price for yourdomain.com” and similar approaches.
Oh and none of my short domains are numerics.
Given the fact that numerics are doing even better than the other short domains, I can only imagine that the trend is even more pronounced in their case.
Despite the fact that the volume and aggressiveness has gone up, most of those offers will probably still be lowball ones, so don’t get too excited when you receive such an email.
Would be interesting to brainstorm a bit.
Not sure how many of you guys own short domains but if you do, can you confirm that the offer volumes have indeed gone up quite a bit over the past 6 months or so?
Also, have you ever sold a domain as a result of such offers or were all of them lowball ones in your case?
In my case, I only recall one sale after such an offer, a CVCV dot com sale that occured a few years ago. Can’t remember the price, however I do remember that it was a reseller price but on the high-ish side based on how things stood at that point, so I was reasonably satisfied back then. Not an amazing sale by any means but still, decent. Other than that, I didn’t sell any short domains after such offers.
If you own some short domains and want to share your experience, your input would be appreciated.
June 27th, 2014 at 3:40 pm
I don’t hold any two to four character domains but this week did receive a $50 offer on a ten-year old two-word .COM domain. Sorry, add a couple of zeros.
June 27th, 2014 at 4:00 pm
I recently got an offer of $10 on a 4 letter .com name. Agree with what you’ve observed.
June 27th, 2014 at 5:38 pm
I did see an upwards trend from china requiring about llll.com starting a year ago. But ALL the time after I gave them the price which normally is in the high xxxx till low xxxxx I never heard anything back. The truth is since taking up domaining as a hobby in 1999 I never seemingly have good luck to sell any llll.com even though some of them have good traffic. Not so with other product name which I have sold a few, now and then.
June 27th, 2014 at 6:07 pm
Leonard, 00050 is still just 50 🙂
June 27th, 2014 at 7:14 pm
I’ve seen a 5 fold increase in people from China taking shots on short domain names.
June 28th, 2014 at 8:42 am
I have just under 200 LLL.com and 20 nnnn.com
Had an offer for 1.2 million usd about 6,000usd each and from a Chinese domainer. Most contain xyz. Looking minimum is heading towards 6000 usd and offers on LLL.coms have increased while the nnnn.com has cooled off a little last 3 months. Some big sales in china for short .coms last month and it pushing up minimums on all of them.