Whether you are planning to sell your domain name for a profit or you just want to get rid of it, there are a few things you should know before you take the plunge. The first step is to set a price. Once you have done that, you need to decide whether the domain name is valuable enough to the market to make it worthwhile. You will also need to consider an escrow service.
Decide whether it's valuable to the market
Whether you are looking to buy or sell a domain name, you need to decide whether it is worth the investment. There are several factors that contribute to a domain's worth. These include the length of the domain, the number of searches it receives, and the search engine optimization (SEO) value of the domain name.
The market value of a domain can vary a lot depending on the evaluation criteria you use. Having a good understanding of the evaluation method can help you make a more informed decision.
Some of the most important factors include the length of the domain name and the top level domain (TLD) it is registered under. You may be able to get a better value for your domain if it has less characters or if it has a more unique name.
You should also make sure that you look at similar domains that have been sold in the past. This will give you a good idea of how much the domain is worth. You may also want to check out domain appraisal services. These services will list your domain for sale at a reasonable price. This will help you avoid leaving money on the table.
You can also get an instant appraisal from an online service like Estibot. This will allow you to evaluate the value of your domain by using the site's database of public domain sales.
Domains can be sold for a wide range of prices. The actual sale price can be a good starting point for negotiations, but it is not a guarantee of value. If you find that your domain has been sold at a price that is higher or lower than its market value, you may need to reconsider your offer.
Create a sales page
Whether you're selling a domain name, promoting a webinar or directing traffic to a blog post, you want your sales page to be effective. A high converting sales page funnels a steady stream of revenue straight to your bank account. You can easily create a sales page with WordPress using SeedProd. This drag and drop page builder provides dozens of conversion-focused blocks. You can customize your page's layout, buttons, colors, and more.
The SeedProd interface allows you to create a sales page that looks great. It provides a live preview of the page and a number of options for changing your page's URL, button sizes, and more.
A great sales page focuses on the benefits of a product or service. You'll want to include benefits that prospective buyers want to hear, but avoid the temptation to overdo them. You also want to break up your copy with subheads. These can add context and make your copy more visually appealing.
You can also add testimonials. Testimonials are a powerful way to sway skeptical prospects. They can be added from social media or YouTube. You can include photos of the person who gave the testimonial to make the testimonial more authentic.
You'll also want to include a call to action (CTA). Your CTA button should be contrasting, and you should have actionable copy. If possible, you'll want to use a large font that's readable on small screens.
Another great way to boost your sales is to offer a time-limited offer. People like to make good deals. They also want to feel safe with their money. Make the cost of the product less of a deciding factor.
Set a price
Choosing a price to sell a domain name is not always easy. There are numerous factors to consider. It is important to be realistic about the value of the domain. This will help you to sell it for a fair price.
There are many online tools that can give you an idea of how much your domain is worth. However, they are not always accurate. You will need to use a real-life domain appraisal from a professional to get a more accurate estimate.
Another option is to use an escrow service. This is a neutral third party that acts as the middleman between buyer and seller. This service ensures the transaction is completed properly. In addition, it will hold the buyer's payment until the buyer is given the full rights to the domain. This will help protect both parties from scams. It is typical for escrow services to charge a small commission.
Another option is to use a fixed price. This is similar to a BIN. You should set a minimum price, but you can still negotiate with the buyer. This strategy works well for domains with uncertain value.
Many first-time domain sellers underprice their domains. This can scare away potential buyers. A "make offer" can be an option to replace the fixed price.
Another option is to list your domain as a seven-day auction. You can advertise the domain in domain buying communities or social media forums. This can help to promote your domain and showcase its features.
You should also consider your advertising budget. You should include a call-to-action on your landing page and include a banner ad. A good banner ad can help generate interest in your domain. The banner ad should also include the price of the domain.
Consider an escrow service
Using an escrow service when selling a domain name can ensure that the buyer will receive the domain name. It also protects the buyer against fraudulent parties. It can also reduce the stress of buying and selling a domain.
Escrow services are independent third party accounts that hold funds until both parties receive the domain name. They typically charge a small commission for their services, which is based on the domain name's value.
Before selling a domain name, you must register with an escrow company. The company will verify your identity and ownership of the domain name. Once the payment has been confirmed, the escrow company will notify you that you can send the domain name.
After the domain name has been transferred, you will be paid from the escrow company. You will receive a username and password to access your escrow account. You will receive funds from the escrow company using PayPal or Money Wire.
You will receive a refund if you are unable to transfer the domain name to a buyer. You will receive your payment, minus an administration fee. However, Sav disclaims all liability for failed domain name transactions.
Before purchasing a domain, you will need to consider your advertising budget and your target industry. You will also need to decide on the best selling method. You can advertise your domain name in domain seller communities and social media sites.
You can also use an attorney to draft a sales contract. However, you will be responsible for paying legal fees and arbitration fees if you do not follow the terms of the contract. You can also use attorneys to escrow funds until a mutual agreement of services is completed.