Categorized | Domaining Tips

Don’t Use Phrases Like “Somewhere Around $x” During a Negotiation

Posted on 23 September 2013 by Andrei

I never quite understood why some people say “I’m looking for about $x” or “the price would be somewhere around $x” when a potential end user asks them for a price.

By saying “about $x” or “somewhere around $x”, you’re basically eliminating the chance of obtaining that amount because the end user in question will quickly sense your weakness and assume that you only kinda-sorta would hope to obtain $x.

The same principle is valid if you say something like “I want $x but it’s negotiable”… bad idea.

If you’re asked for a price, reply with a price.

“How much for this domain?”

“$x.”

That’s it and I assure you that simply replying with a price puts you in a far better position than a reply such as “About $x”, “Somewhere around $x” or “$x but the price is negotiable”.

Don’t invite the end user to negotiate.

If he wants to negotiate, he will reply with a counter offer.

That’s just the way it works but again, don’t invite him to negotiate because you’re compromising your position.

It’s really not rocket science, yet *lots* of domainers make this simple yet potentially costly mistake. Oh well 🙂

1 Comments For This Post

  1. Steve Says:

    I always tell them to make a their best offer after reviewing sales at DNJournal. Eliminates most of the $100 offers..