Namepros member Riz M gave some insight on the details of the top sale from Sunday, nPay.com
Sold Npay.com in 25000 USD through Undeveloped.com to African Betting company. Holding 40-50 Days
Purchased in 2000 USD through Pvt acquisition
Had many offers of 7-15k since i acquired but i was firmed at 50k then agreed with this buyer in 25k Finally. Thanks
He explained that he uses retargeting ads on his landing pages to keep his names in front of potential prospects.
He wrote:
As i always mention and many domainers disagree but i would stick with method of retargetting whoever comes to my any names my google analytics save that visitor in pixel and then follow them wherever they go… so technically when someone interested comes to your name and made u offer immediately after seeing your counter offer they will left but then whereever they wll go like youtube yahoo or any news sites they will see my names banners everywhere so when buyer see that banners everywhere they think ad is running and following everywhere means name can be sold anytime and that create urgency in buyer behavior ..
Great flip for Riz M, and now I think we might see more domainers using retargeting.
For a primer check out https://retargeter.com/what-is-retargeting-and-how-does-it-work/
nPay.com for 2 K? How did he acquire this domain for that low price? Was the seller?
a) an heir to a recent domain portfolio, and w/zero knowledge of domain valuations;
b) in dire straits, needing funds for an urgent and perhaps critical matter;
c) so rich that money is of zero interest any more.
d) negligent in adding at least another zero
Per Retargeting: I thought this was banned for privacy reasons
So glad I no longer visit Namepros. I used to feel like I was entering the dark web of domaining: predatory buying, desperate sellers, domain netters employed by professional domain investors to fish for valuable domains offered for sale by the unknowing heirs of dead domain owners who possibly paid 20-30 X the amounts for these “estate bulk domain sales” at 1/10 of their values. Humanity at its worse. Bottom feeders, rude members, and the ones I feel empathy for: the naive domain newbies who have come to NamePros.com to learn about domaining and strike it rich, usually by buying castaway domains at double or triple the values.
So I looked at the whois history (I will not post names, history tool is available to all) and I see nothing unusual. The seller had been the owner for several years. Further on the seller used a different domain for their business before changing to npay.com (same address etc), the seller also has a newer business and uses two names for that, one registered as recent as 2+ years ago.
My thinking is the seller was not a domainer but rather a business minded individual who ceased using npay.com and was willing to sell for whatever reason, perhaps cash flow, it would have been wise to do more research since the name would have been worth approx $2k when they obtained it. However Xpay LLLL dot com has seen various values recently from $XXXX-$XXXXX, this purchase was a great one but did not gaur. a big 5 figure sale (fpay.com was $6k in March for example and tpay.com $36k) So unless an end user was found a good 5 figure sale was not likely to be seen.
I have an issue with demonizing a domainers good fortune due to hard work and timing. The buyer carried risk, low risk but risk. It was entirely possible he held that name for a long time to see 5 figures. They bought only knowing of 1 end user trade for good 5 figures. When anyone invests in a domain name they do so with the idea of profit, no? When that plan pays off well suddenly the demonization crew kicks in and calls shame upon that person(s).
Smells like sour grapes to me, hats off to the domainer who worked hard, timing was right and took the risk.
The notion it is ok to be a domainer but don’t profit too much or you are a an evil one is laughable. If he sold it for $5k on a flip does that make him more ethical? LOL
This name was not purchased on Namepros, and Josh you are spot on about not being a domainer who sold for $2k. Riz M mentioned in another post he doesn’t buy domain names from people who have landing pages, so I took that to mean he actually avoids trying to buy from domainers.
Steve Thanks for the comment.
first i would like to let you know remarketing is legal please visit Adroll.com or see googl remarketing articles.
i mostly buy domains from endsellers .. i buy from domainers as well if i know domainer is weak in selling and didnt put his all efforts on selling…
so i buy direct from endsellers for that i have to do homework like why he own the name what he did how much he made why he is selling and how much marketing he did i check fb page of them twitter then check paid ads of them in semrush then i come to know why they are selling then i start negotiation… small example is CoolMusic.com i was negotiating with them they own coolgames.com coolnews.com but unfortunately they are not coming to my price…
i do work completely on name before i workout for buying… like i bought U/B/L . com from United Band List owner directly… u just need homework when to contact seller …
S/M/O/K/E/F/R/E/E .com i bought from endseller he was trying to sell at the price where i know he cant get buyer… at righttime i contacted him and boom
I hope u have answer of all your question if still have something in mind about me u can contact me directly in namepros..
some bitter comment. you can find good domains still today if you work hard and do your homework. not everyone seats in their desks waiting for drops and participate in bidding wars.
You sound unhinged Steve, like is everything ok? Predatory? Where are you buying your names? All handregs? Excellent reply Josh.
@steve i feel a little hate. How did he acquire the name for 2k? lol it requires skills to find domains for cheap. If your asking that question you dont know how to buy domains. ????????
This is why I stay silent about everything i do. People make such a big deal of nothing. Ill go back to buying and selling and leave you guys to the dumb drama. Have fun
@Riz M
I commend you on your response and your explanation in acquiring domains with great due diligence.
VR – unhinged? I assume you must buy your domains from NP. I handregged some back in the day that scored 6 figure sales and I purchase the majority of my premium domains through top domain brokers. I don’t buy via auctions, unless the domain is newly released by a registry. I’m too concerned about the provenance of the domains via expired auctions and NP members, especially based on stories I’ve heard. I don’t believe in lending money at high rates when persons are desperate for cash, nor will I buy domains from parties who may be going through financial or medical hardships. Maybe it’s not capitalism, but so it goes….
@Eric “If your” — should be “If you’re” — you may wish to take a remedial grammar class at your local adult ed class — as in Level 1 at nights, after all your “buying and selling” of domains.