Tag: buying and selling domain

  • Top 5 Websites for Buying And Selling Domain Names

    Who doesn’t want to earn a profit while doing business? Everyone wants to taste profit and success. But many get stuck, follow the wrong track, and end up in a disaster. The same is the case when one isn’t aware of the business of buying and selling domains.

    If you are new to buying and selling online domains, here are some points you need to know before getting your hands dirty.

    • Best places to buy domains from.
    • Best places to sell domains.
    • The domain transfer process.
    • The price at which you should sell domains.
    • Trademark issues while buying and selling domain names.

    This post will further deal with the best way of buying and selling domains, how you can find domains, how can you make money by selling domains, and the best places to sell domains.

    How to Buy Domain Names?
    How To Sell Domain Names?
    Pricing Consideration While Selling A Domain
    Top Websites For Buying And Selling Domain Names
    FAQ

    How to Buy Domain Names?

    The first thing you need to understand is how to get a domain registered. Back in the day, .com and .net were extremely popular as extensions. If you got in early and purchased some domains, you are sitting on a pile of cash because some of these domain names are worth a lot today.

    Go to websites like Domain.com and GoDaddy.com. Search for the keywords or the exact name you want your domain to be. This search tells you whether the domain name is available or not.

    GoDaddy domain buying page
    GoDaddy domain buying page

    In case the domain name is available, you have the option of adding it to the shopping cart. If you plan to purchase the domain, you need to see for how long do you want to register. This time is generally in years. You also get the option of purchasing add-ons like domain privacy.

    GoDaddy Privacy Protection Add on
    GoDaddy Privacy Protection Add on 

    How To Sell Domain Names?

    The first step to selling a domain is to prepare a list of the domains you possess. Now shortlist the ones you need to sell. Next, decide on a pricing structure of the domain. Though it’s not mandatory (you can auction your domain), having a base price in mind makes it easy with the selling process.

    Now, you need to list your domain for sale. You can visit websites like GoDaddy which provides the option of putting up domains for sale. Once your domain is listed, now watch how people place absurd bids to purchase your domain.

    GoDaddy Domain Selling Auction Page
    GoDaddy Domain Selling Auction Page

    If you’re thinking so, you’re wrong. It takes time for a sale to happen unless you have an extremely visible and profitable domain name. It will take weeks or even months to receive that first purchase offer.

    Pricing Consideration While Selling A Domain

    In 2009, insure.com was sold for $16 million which is equal to Rs. 1,14,46,40,000 (approximately as per today’s exchange rate value). Mind-boggling, right? That’s just crazy and there are several other examples: insurance.com, vacationrental.com, etc.

    This doesn’t mean you’ll also get astronomical amounts for your domain. A lot of the popular keyword domains have already been purchased. And it’s unlikely that you have a domain with common but attractive names (bank.com, digitalworld.com, etc.).

    To get an idea of the pricing, visit domain trading websites. You’ll know how much the domains similar to yours are being listed. Set the pricing expectations accordingly.

    Top Websites For Buying And Selling Domain Names

    So, you have learned how the process of buying and selling domain names takes place and the pricing considerations. Now let’s have a look at these 5 websites where you can buy and sell domains.

    1. Namecheap

    Namecheap Website - Buy or Sell Domains Quickly
    Namecheap Website – Buy or Sell Domains Quickly

    Namecheap was founded all the way back in 2000 by Richard Kirkendall. Over the past 20 years, they’ve reportedly racked up three million customers.

    How to Buy and Sell Domains from Namecheap?

    Namecheap’s domain marketplace is a simple, easy-to-use platform to list domain names for sale. While there are many ways to promote domains you want to sell, this online domain buying and selling website makes connecting with interested buyers easy.

    To make a purchase, just view the listings, and click “Add to Cart.” If you have an idea for an interesting domain that no one has ever registered before, you can buy it yourself as a business investment.

    Once you have registered new domains, you can list them on the marketplace at a premium price, and sell them to other businesses for a profit. Alternately, if you previously purchased a domain, and no longer need it for yourself, it can be sold on the marketplace to other interested parties. For example, if you operate an online store, and decide to move on to other business ventures, other digital retailers might be interested in buying your domain.


    Checkout Namecheap Now

    Namecheap Pricing

    Namecheap Pricing
    Namecheap Pricing

    When you sell your domain name using Namecheap’s marketplace, it charges a flat 10% commission. By charging this commission, they can maintain a domain marketplace that is easy to search and well-known by many people who purchase domains regularly. A listing on its site ensures that the name you are selling can be seen by anyone searching the internet, with a transaction that is completed on a secure, trusted website.

    2. Flippa

    Flippa Website
    Flippa Website

    Flippa is the #1 platform to buy and sell online businesses. It is a website and domain flipping website. In simple words, you can sell a website and buy a website from Flippa. Each month, over $41 million worth of business value is listed for sale on Flippa and nearly 500,000 business owners and buyers visit Flippa to sell or buy businesses between the prices of $5,000 and $5,000,000.

    How to Buy and Sell Domains from Flippa?

    To Buy or Sell Domain on Flippa, sign up with a valid Email Account and list your website or domain for sale. After listing your domain, it’s time for the description, people tend to write a long description, but that’s not what it should be like. The description should be short and simple which does not bore the Buyer and gives the buyer a brief idea of your Blog or Website or domain.

    Now the most important part is to Set Flippa bidding options.

    • Set the Reserve price after evaluating it properly
    • Set it to the price at which you can afford to sell your online property
    • Set a Correct and reasonable Buy it now price (BIN)

    Keep the starting Bid price low, as you can encourage more users to Bid. After the Auction is successfully finished, do research about the user who has won the Bid and his history of the transaction. So that you can take proper measures before you initiate Blog/Website/Domain transfer and receive payments.

    Flippa Pricing

    Flippa has a fixed fee and listing packages. If you sell your domain with Flippa it has fixed-fee pricing. A success fee is payable which is 5% when you sell and this is calculated as a percentage of the sale price.

    Flippa Pricing
    Flippa Pricing
    Sell Price Success Fee
    Up to $50K 10% of the sale price
    $50,001 to $100k 7.5% of the sale price
    $100k+ 5% of the sale price
    Partner Broker 15% of the sale price


    Earn Money on Flippa

    3. GoDaddy

    GoDaddy Website
    GoDaddy Website

    GoDaddy’s domain auction space serves as a “marketplace” for buyers and sellers to get together and make deals. When a domain expires, it typically goes right back to the registry. If it’s a valuable domain name, however, registrars will try to sell it through auction, and buyers are always eager to capitalize on potential deals.

    How to Buy and Sell Domains on GoDaddy?

    GoDaddy Auctions gives you listing options for selling your domain names. You can use a free, basic listing, or you can add optional features to increase your domain name’s exposure.

    Here are the simple steps to pricing, listing, and selling your domain through GoDaddy.

    1. Find out what your domain is worth: You’ll want to set a realistic price. One place to find out the sale prices of comparable domains is the free GoDaddy Domain Value and Appraisal tool. Just type in the domain you want to sell and you’ll learn the estimated value, as well as comparable domains sold. Even better, it’s all free.

    GoDaddy Domain Value and Appraisal tool
    GoDaddy Domain Value and Appraisal tool

    2. Make communication easy: Be sure to un-privatize your contact information on WHOIS. That way, when an interested buyer looks up your domain on WHOIS, they can find your publicly available information and contact you directly.

    3. Put out a “For Sale” sign: If you haven’t already, set up a single-page website on your domain, called a park page or domain parking. This page lets visitors know that the domain is owned and for sale. It’s the simplest way to announce your domain is for sale. But to announce it far and wide, you’ll want to list your domain on some online marketplaces.

    4. Sold: Once your domain has sold, if you haven’t listed it as a Premium Listing, you’ll want to make the final move using the Domain Transfer Tool here.


    Start Selling and Buying Domain Names using GoDaddy Now

    GoDaddy Pricing

    To join, you’ll need to purchase an annual GoDaddy Auctions membership for ₹364.23/yr. Once you’ve purchased a membership, you can take advantage of member benefits such as its Auction Tools, which can help you prepare before buying or selling any domains. Once you’ve purchased a membership, you can choose a free and simple listing, or add advanced features to increase your domain’s visibility.


    Top 6 GoDaddy Alternatives to find the Ideal domain
    GoDaddy is one of the biggest domain and hosting companies but not the cheapest, so here are Top 6 GoDaddy Alternatives To find the Ideal domain


    4. Atom

    Atom Website for Buying and Selling Domain Names
    Atom Website for Buying and Selling Domain Names

    Atom was founded by entrepreneur Darpan Munjal as a way to connect brands with domain sellers. They’re a four-time Inc 5000 company that stands out for its AI-powered search tools and innovative seller features, including payment plans and landing pages.

    How to Buy and Sell Domains from Atom

    Atom is an intuitive platform allowing sellers to list single domains or whole portfolios in a few clicks. Simply start submitting your premium domains and choose whether you want Standard or Premium listings, which determine how much marketing goes into your domains.

    To buy a domain name, choose between “Buy Now” and “Pay in Instalments” and click “Proceed to Payment”.

    Atom Pricing

    When you sell domains at Atom, commission ranges from 7.5% to 15-30%, depending on which tier you use. Standard tier charges 7.5% commission, while pricing varies at the Premium tier, but you gain access to powerful marketing tools and brokerage assistance.

    5. Afternic

    Afternic Website
    Afternic Website

    With Afternic, you can list your domain name on their sales platform and have it sent out to more than 100 different partners around the world. These include other major registrars (the companies who sell domain names to the public), such as GoDaddy, Network Solutions, Register.com, Enom, etc. which means, anyone searching for a domain at these sites will have the ability to see your listing.

    How to Buy and Sell Domain on Afternic?

    To buy a domain on Afternic, perform a domain search on its inventory of nearly six million premium domain names. Domains with listed prices can be bought easily by placing the domain in your shopping cart and completing your purchase. For domains without a listed price, or if you want to negotiate the price, you can reach their experienced sales team with its online price request or on the phone (Toll-Free in the U.S. 866-351-9586).

    Selling domains on Afternic is easy. Follow these steps to list your domains for sale, and watch the power of the Afternic marketplace work for you:

    1. Create an account: Creating an Afternic account to sell domains is easy, and once you do you will have a seller profile that you can use to promote yourself and your domains.
    2. Add Domains For Sale: When you list a domain for sale, price your domains when you list them for sale. Fact: Priced domains are more likely to sell than domains without a price. When you also set a buy now price, your domain is eligible to be a fast-transfer premium domain.
    3. Optimize your listings for better domain sales: Once you have your domains in Afternic, there are three specific things you can do to optimize your listings for the highest sale probability –
      a) Let potential buyers know your domain is for sale by utilizing a “For Sale Page” or “For Sale Banner”.
      b) Price your domains with Buy Now
      c) Opt your Domains into Fast Transfer

    By following these simple steps, you can get your domains exposed to the maximum number of potential buyers and leverage the network/sales teams to help get your domains sold.

    Afternic Pricing

    Afternic charges a sale commission based on the price of a domain.

    Sell Price Sales Commission
    $0 to $5000 20% ($15 minimum)
    $5,001 to $25,000 $1,000 +15% of amount over $5k
    $25,000 and over $4,000 +10% of amount over $25k

    6. Sedo

    Sedo Website
    Sedo Website

    Sedo is the largest domain marketplace in the world. It has a listing of around 20 million domains. It is used by over 2 million buyers. Sedo not only enables you to sell domains, but it also allows you to sell websites. It is used by top companies and brokers. Over half of the domains listed on Sedo are premium.

    How to Buy and Sell Domains on Sedo?

    If you’re looking to buy a domain, Sedo makes this very easy. They have a robust search tool allowing you to find the name you are looking for, as well as hundreds or thousands of alternative related domain names.

    Buying Domain on Sedo
    Buying Domain on Sedo

    If the domain you are looking for hasn’t been registered, you can register it immediately from the search results. If it isn’t listed with Sedo, you can ask a broker to help you complete a sale. If you are an active investor looking to expand your portfolio with many premium domain names, Sedo’s specialists can help with that, too.

    Sedo offers several options for selling your domain names:

    1. Buy Now (Free): Find a buyer for your domain directly on the marketplace: Buy Now domains offered at a fixed price are sold up to three times faster in comparison to other sales options.
    2. Make offer (Free): Communicate to potential buyers that you are interested in receiving offers for your domain. You can start negotiating with any interested parties directly and agree on a price as soon as an offer is received.
    3. Marketplace Auction (No initial fee): Offer a domain for sale as “Make Offer”. As soon as the first offer is received, you can put your domain up for auction – using the original offer as the reserve price!
    4. Direct Auction (Starting at $59): Start your own domain auction whenever you want, displayed on the homepage and in the matching search results. This enables you to reach a particularly large number of potential buyers – and achieve a high sales price.
    5. Auction Events (Starting at $10): Sedo’s domain experts regularly create their own auctions with particularly high-grade domains – most notably, it’s signature bi-monthly GreatDomains auction. Apply now to gain even more exposure and sales leads for your most attractive domains.
    6. Broker Service (No upfront costs): Sell your high-value domains with the support of Sedo’s professional Domain Brokers. They contact potential buyers, negotiate the price, then secure payment and ensure a seamless Domain Transfer.


    Start Selling on Sedo

    Sedo Pricing

    Sedo charges a commission for domains traded on its platform. The amount of the commission depends on the type of sale and TLD.

    Type of Sale Commission of selling price
    Sale of a parked domain (Buy Now) 10%
    Sale of a Domain (Make Offer) 15%
    Domain Auction 15% of the highest bid
    Domain Sale via SedoMLS partners 20%

    Conclusion

    While buying up a ton of domains seems like a great way to make money, real-world results show it’s not that easy to churn profits. As with any industry, you will have those “golden moments” when you read about someone who made domain flipping into a million dollar a year business, all while sitting in the comfort of his home.

    Don’t get disheartened. Even you’ll have your moments of success provided you persevere and put in the required efforts. Be careful because just like any business, buying and selling of domains also involve a risk factor. Therefore, calculate the risk, consider all factors, and then get your hands dirty in domain flipping.

    FAQ

    What is the domain registrar and what is its purpose?

    The domain name registrar is a business that handles the reservation of domain names as well as the assignment of IP addresses for those domain names.

    Which is the best site to buy and sell domain names?

    The best site to buy and sell domain names are:

    • Namecheap
    • Flippa
    • GoDaddy
    • Afternic
    • Sedo

    Is buying and selling domain names profitable?

    Buying and selling domain names can be profitable but it involves risks too. If your domain name is unique and top-level then only you can make a good amount of money.

    Can you buy a domain name forever?

    You cannot buy a domain name permanently. Domain name registration is done on a yearly basis. However, you can pre-pay for up to 10 years which guarantees that you will have a domain name for 10 years.

    Can I create a domain name for free?

    Yes, you can create a domain name for free. There is a platform called “Bluehost” which provides a free domain name along with web hosting.

  • How To Sell on Amazon: The Ultimate Guide

    Indians prefer ordering from amazon compared to other marketplaces, Amazon has been dominating the Indian market since its entry in India, and it’s the most profitable website to market your products. Most businessmen prefer selling their products on amazon. Amazon has seen massive growth since its entry into the Indian market many competitors have to try to come as close as the figures of amazon but in vain. If you want to start selling on amazon we will guide you right away. Are you ready to grow your business on Amazon, let’s get started:

    Here are some documents you’ll require for registering an amazon seller account:

    1. PAN Card – PAN card can be individual if you hold the proprietorship or if you own a Pvt limited company, so the PAN card should be in the name of your company.
    2. GST Number – You need a GST number to fulfill the registration process.
    3. Bank Account – You require a bank account that can be current or a savings account.
    4. Email Id – Email id is also required to fill the registration form which can be your email id or your business email id.
    5. Mobile No.- Last but not least you need a mobile no. for registering your account.

    How to sell on Amazon (10 Easy steps)
    How can you get your first order on Amazon?
    How to Advertise a Product on Amazon?
    How does Amazon pay the seller?
    Refund Related to Customers

    How To Sell on Amazon (10 Easy steps)

    1. Get Started

    First, you need to visit Amazon.in then scroll down there you’ll find an option sell on amazon, click on that option and a new tab will be open after that Amazon will offer you 2 business plan Professional and Individual.

    How to Sell Through Amazon India?
    How to Sell Through Amazon India?
    Amazon Product Tax Code
    Amazon Product Tax Code

    2. Create an Account

    Enter your personal details and create your amazon seller account.

    Create an Account
    Create an Account

    3. Register your Store

    Fill in your details and create your amazon seller account then you will be asked to add your Registered Business name or the legally registered store name.

    Register your Store
    Register your Store 

    4. Verify your Mobile Number

    Verify your mobile number for further.

    Verify your Mobile Number
    Verify your Mobile Number

    5. Seller Information

    After that, you have to add your store name and the address of your store which it is located in after you add the address of your store, Amazon will display a message of amazon Easy ship service in this service amazon will pick orders from your store and directly ship them to the customers. If you don’t want to employ amazon Easy ship you can provide the contract to any third-party shipping services which will ship the package for you.

    Easy Ship Fee in Amazon
    Easy Ship Fee in Amazon
    Easy Ship Fee Amazon
    Easy Ship Fee Amazon

    6. Tax Details

    Fill in your GST details and if you don’t have one register your GST at how to register GST at amazon services and proceed further.

    Tax Details
    Tax Details

    7. Choose the Category of Products

    Now you have to choose the categories you want to sell in your store. (Choose the products which are high in demand to get maximum sales), after selecting the categories Amazon will ask you to fill some questions such as where do you get your products from and what is your annual turnover answer these questions and proceed to the dashboard.

    7. Amazon Listings and Shipping Rates

    Click on start listing and list down all the products you’re going to sell in your store.

    Now you have to set the shipping region your going to ship such as rural or urban and set the shipping rates and days for that area, if you don’t want the hassle of shipping choose amazon easy ship, and Amazon will ship it for you.

    After selecting the shipping rates confirm the shipping rates and move ahead to enter the bank details.

    Shipping Details
    Shipping Rates

    8. Bank Details and Tax Details

    Enter your bank details properly because you will receive payments in this bank account.

    Enter the tax details such as your PAN and GST number and click save.

    Bank Details
    Bank Details

    9. Tax Code and Digital Signature

    The government has imposed a different taxon different for some it’s 8% or 12% search the tax code of your product and which category it falls in and add the tax codes to the product.

    Upload a scanned copy of your signature and proceed further.

    Tax Code and Digital Signature
    Tax Code and Digital Signature

    10. Dashboard

    After completing the entire process of registering your business a dashboard will appear, from the dashboard you can manage all the functions of the amazon seller central dashboard you can monitor the orders which are shipped or not inventory prices, and everything.

    dashboard
    Dashboard

    So, This was the complete process of registering as a seller on amazon and inaugurating your own business.

    Amazon Fees

    While selling on Amazon, Amazon charges a small fee for every product you sell. Amazon charges three types of fee on your product:

    Amazon Referral Fee

    Based on the category of product you choose a small percentage of your selling price is charged by Amazon, you can check the referral fee on different categories of products at selling on the Amazon fee schedule.

    Amazon Fixed Closing Fees

    Amazon closing fees is the fee charged by amazon based on your selling product and the shipping services you choose. you can check the fee charged by amazon by visiting the amazon calculator.

    Amazon Easy Ship

    Amazon easy ship is a service offered by Amazon in which Amazon will pick the product from your store and directly ship it to the customer if you want to ship manually, there also an option to ship manually but if you prefer amazon easy ship, Amazon will charge you a fee based on your product.

    Amazon easy ship
    Amazon Easy Ship

    Now you’re all set to sell your product on amazon lets learn how to get your first order when you don’t have any seller ratings

    How can you get your first order on Amazon?

    Product display is the most important aspect of any shopping site when a consumer is scrolling through amazon your product display should be such that he/she clicks on it immediately

    • While displaying your product on amazon use Hd images to showcase your product
    • Add bullet-points that highlight feature of your products
    • The description of your product should be informative so that the customer gets a complete idea about your product
    • Highlight the benefits of your product
    • A low pricing strategy never fails to attract customers
    • Promote your products on social media platforms like Facebook, Instagram, Twitter, etc.

    How to Advertise a Product on Amazon?

    If you are confused about how to promote your product let amazon do it for you

    There is an advertising program by amazon in which amazon promotes your product for you. The sponsored products by amazon appear on top and bottom of the page, amazon sponsored products are displayed with a badge called sponsored.

    This can help you to advertise your product and increase your seller ratings if you’re a new amazon seller.

    Amazon FBA

    FBA (fulfillment by amazon) is a service provided by Amazon in which if a seller selects FBA the seller does not have to consider the hassle of storing the product in his store or warehouses, amazon store the product in their warehouses until it is delivered to the customer.

    Benefits

    • Less shipping fee as compared to third party shipments
    • No burden of maintaining a warehouse full of products
    • All FBA orders are processed and handled the same way as amazon handles its merchandise

    Drawbacks

    • There can be some handling issues by the amazon where a product can be lost or damaged
    • There are really precise product guidelines which every FBA compliant must follow
    • Given that Amazon handles returns with FBA, sellers may experience higher return rates once customers understand how easy it is to return a product on Amazon.

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    How does Amazon pay the seller?

    When you provide valid information about your bank account, Amazon will directly transfer your money obtained from the sales into your bank account every 7 days. To initiate a payment from amazon you must have a positive seller account, positive seller account is when the number of sales is greater than the amount of fees incurred by the amazon.

    How to manage returns on Amazon?

    Every amazon seller has this concern of returning products from the customers, you can’t get zero returns from the customers but you can add in extra effort to reduce the return rate such as pay special attention to defective products, great packaging, and delivery on time.

    there are three types of return on amazon

    • Customer Returns
    • Undelivered Order Returns
    • Rejected orders Returns

    Customer returns are the products that are returned by the customers.

    Undelivered returns are when the amazon cannot find the address of the seller or if the package is rejected by the customer then it is returned to the seller as it is.

    To access the return setting in amazon seller central:

    • Login to your amazon seller central account.
    • In the top navigation bar, you’ll find orders and under that, you can click on manage returns.
    • Click on manage returns there you’ll find an option “edit return settings”. Click on it and you can manage the return settings.

    If you wish amazon to authorize your refund request then, In case of amazon will authorize the return request. Once the parcel is picked from the customer end the money will be auto refunded to your bank account.

    If you want to authorize each request you can authorize the return request, the parcel will be returned to you, and based on the return item condition you can generate a refund to the buyer.

    So, this was your ultimate guide to owning your own store and starting your own e-commerce business using amazon. We wish you luck for your first e-commerce store now go out there and reach out to lakhs of customers.


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    Frequently Asked Questions

    Can I sell on Amazon without GST number?

    Yes. If you are listing taxable goods, GST details are required to sell online. You need to provide a GST number to Amazon at the time of registration. However, if you are selling only GST exempted categories, then this may not be required.

    How long does Amazon take to pay the seller?

    The first payment will take 14 days after which sellers will be paid every 7 days.

    What if my product gets damaged or lost?

    Amazon has a reimbursement policy (Amazon Safe T Claim) to reimburse the seller from the losses incurred due to the buyer. Easy Ship sellers can file a claim against the order for which the shipments get lost, damaged, original item not returned to claim reimbursement from Amazon.

    What is the product tax code?

    Product tax codes are the codes of the tax which is levied by the government on a different category of products.

    I don’t have a current bank account can I sell on amazon?

    You can sell on Amazon if you don’t have a current bank account but experts recommend having a current bank account.

    How does easy shipping on Amazon work?

    Amazon Easy Ship is a delivery service for Amazon.in sellers. Amazon.in orders are picked up from the seller’s location by an Amazon Logistics delivery associate and delivered to the buyers’ location with minimal effort from sellers. With Easy Ship, customers can track their orders and delivery date.

    What is product tax code in Amazon?

    Product Tax Code Amazon: Product tax codes direct Amazon how to charge sales tax to your customers in the states where you tell them to charge sales tax. Product tax codes don’t cover every item, but they do cover items that are sometimes taxed differently across different states or jurisdictions.

    How to sell on amazon without GST?

    You can sell online without GST only if you sell goods which are exempted. If you sell goods on which GST is applicable, then you have to get a GST number to be able to sell online. You have to take GSTIN even if turnover is less than Rs. 20 lakh.


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  • Flippa: Buy and Sell Online Assets

    The days of retail stores have been on a decline, while online businesses and enterprises have risen exponentially in the previous years. This pandemic has also played its part in the rise of online marketplaces, whilst generating a need for online stores. Flippa helps people who requires an online store and those who want to sell websites, templates and domains by connecting them as a marketplace to buy and sell such amenities.

    If you are a developer, Flippa helps you sell domains, starter templates, established websites, online businesses, and starter mobile applications. However, if you’re not so experienced in building your own online application, Flippa caters to your needs by introducing you to a variety of online business sellers, so you can decide what’s best for you.

    Why sell Online Enterprises
    Why purchase an Online Business
    Services Offered by Flippa
    Listing and Upgrade Pricing
    Post Sale

    Why sell Online Enterprises

    Online Assets to Sell
    • Exponential spike in demand for online business.
    • Find the appropriate valuation for your digital asset through SDE.
    • Sell a blog, e-commerce site, SaaS, and make the most out of your skills.
    • Flippa lets you negotiate with buyers.
    • Flippa offers safe transaction through their integration with Escrow.com.

    Flippa is an amazing platform to sell digital assets, not only for the above mentioned reasons, but also because you can showcase your experience, benefits and earnings to get the best customers which would otherwise be a hitch.

    Moreover, Flippa offers you two different ways of selling your online asset, that is, by setting a fixed price, and by auction. The businesses with a valuation of about $100,000 often prefer a fixed price, while those with a greater valuation usually go for auction. Auctioning stirs a sense of urgency among the buyers since it is available for a limited time frame, and hence helps achieve a higher price for the business.

    Why purchase an Online Business

    • Since the pandemic, demand for online business has skyrocketed.
    • Online business gives you a greater visibility, without any concern of location.
    • You can ask the seller for read only access and proof of revenue, and evaluate if it suits your business needs.  
    • You get a thorough detail of all business prerequisites, marketing initiatives, and operational costs the business.

    Buying an online enterprise, be it content based, domain, or an e-commerce site, is not just about making profit. Running online business comes with its own set of highs and lows, catering to the needs of your customers and constant maintenance of your website. You have to continually look for ways of generating more revenue, legal risks, technical knowledge to keep your enterprise updated and growth opportunities. Once your business has enough customers, the curve thereafter rises exponentially.

    Services Offered by Flippa

    Due Diligence

    This is an assessment and verification service that Flippa offers for the online asset which a seller posts for sale. This service is offered in three different pricing, each of which focuses on a certain aspect of the enterprise.

    Red Flag Report Standard Report Enhanced Report
    Costs $1000 for one year analysis Costs $1000 for two year analysis Costs $1000 for three year analysis
    Report is 12-15 pages long Report is 21-25 pages long Report is 26-35 pages long
    Report analyses high-level risks and opporttunities Focuses on risks and high-level opportunities with traffic information Analyses detailed risks, opportunities with financial and traffic information
    Preffered for enterprises with valuation upto $30000 Preffered for enterprises with valuation between $30000 and $200000 Preffered for enterprises with valuation over $200000

    Flippa Finder

    Flippa Finder is a service for new buyers to find the perfect product, which would best suite their online marketplace. It comes at a cost of $50 +2.5% acquisition fee, which is payable once the purchase is done. Flippa Finder offers an hour long analysis of suitable products, prices to offer, and exploring the platform along with a list of products suitable for your description with pros and cons of each. It also helps you analyse and negotiate to win the best deals.

    Online Enterprise Broker

    There might be various reasons to need a broker. Flippa provides affiliated brokers with prior experience in finding you the best deals, as well as showcasing your product with every advantage and edge. Sometimes, procuring the best deal is all about how your product is presented before the buyer, and sellers might not always have the best ideas in this part, which is where brokers come in. They know where to look, what qualities to present and the appropriate valuation of your product. There are various brokers working with Flippa since as long as 2010, and are the perfect amenity for those who can not find time to go through all the searching and negotiations.

    Financing

    Flippa offers financing solutions such as SBA loans and 401(k) business financing for small business acquisitions. The prerequisite for 401(k) assistance is a funding of $50,000 and for that of an SBA loan is a credit score of 690 or above. The financing is as easy as following three easy steps.

    • Undergo the assessment by Flippa to find out the perfect financing option.
    • Interact with a financing expert to be on the safe side.
    • Get the financing and start your online business.
    Flippa Valuation Tool

    Business Valuation

    Finding an appropriate valuation for your business is at times hard. Flippa offers a free enterprise valuation tool to give insights as to increase your product’s sellability and reach through an advanced enterprise pricing model. With up to 30,000 new buyers monthly, Flippa gives you the best exposure. The sales data that Flippa uses for valuation of a business or enterprise is unparalleled. It uses the data to compare the business model, category and time for which the business has been running, so it can furnish you with a fair price.

    Listing and Upgrade Pricing

    The initial listing fee for your online asset is fixed for your convenience, represented accordingly:

    Along with the listing, Flippa offers a number of upgrades to your product to boost your reach, sellability and valuation. These upgrades come with a one time charge, and offer assistance in different domains as listed below.

    Premium Boost Marketing Boost Ultimate Boost Newsletter Boost
    Costs between $65 to $295 depending on the asking price Fixed cost of $395 Fixed cost of $545 Costs $95 for domains only
    Offers an optimized marketing exposure Promotion on social media targeting buyers Homepage banner for one week Access 110000 domain buyers
    Assured response time of the same day Advertise your product through a video 200 character ad featured in the Newsletter Get to feature in the weekly Domains Newsletter
    Listing is posted on partner sites along with blog posting

    Confidential Listing

    Many a times, a buyer would prefer to keep their personal information such as their business name and URL confidential. Flippa offers a ‘keep my listing confidential’ option while listing for keeping your details hidden. If you opt for confidentiality creating a listing, the buyers won’t be allowed to view your name, business name, URL, and financial attachments unless they have a registered Flippa account and have signed a Non-Disclosure Agreement with regards to your information approved by you.

    Post Sale

    Once the offer is accepted, the users are redirected to Post-sales Completion area. This helps in discussion over the online enterprise, its operation, its transfer and other related questions. Thereafter, the transfer of assets takes place, with Escrow for thorough protection, throughout the transfer.


    Earn Money By Buying And Selling Domains | How to Sell Domains
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    FAQs

    What is Flippa?

    Flippa is an amazing platform to sell digital assets, not only for the above-mentioned reasons but also because you can showcase your experience, benefits and earnings to get the best customers which would otherwise be a hitch.

    What is the founder of Flippa?

    Matt Mickiewicz

    When was Flippa founded?

    2009

    How much does it cost to sell on Flippa?

    Flippa charges $15 per month. A success fee is payable with a successful sale. This fee is dependent on the achieved sale value.


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  • Top 6 GoDaddy Alternatives to Find the Ideal domain

    GoDaddy is one of the biggest domain and hosting companies in the world. They are quite famous among the individuals even the ones who are not much into websites or related fields because of their advertising and marketing strategies.

    GoDaddy is not the best, the cheapest, or the most reliable domain and hosting company available in the market. Let’s look at some of the alternatives you can look into instead of using GoDaddy for registering your domain name or for hosting services.

    Domain.com
    HostGator
    Bluehost
    SiteGround
    DreamHost
    Network Solutions
    FAQ

    Domain.com

    Domain.com is one of the best platforms for registering a domain name or for getting an SSL certificate. It is one of the best alternatives available for GoDaddy. Domain.com is one of the most well-known domain registrar platforms. They offer all top domain extensions (TLDs).

    They offer a feature which is known as “domain name generator”. This feature will help you find a suitable domain name for your business. You can enter your keyword or a particular key phrase related to your business and the platform will generate a list of results that matches your search.

    Domain.com Website
    Domain.com Website

    Domain.com can also be an alternative platform that you can use to generate SSL certificates. The platform provides cheaper SSL certificates compared to GoDaddy.

    The domain management area of Domain.com is easy to use and intuitive. You can easily do the renewal process, manage your DNS settings, privacy, and other domain-related settings.

    You can easily point your domain names to any other hosting provider.

    HostGator

    HostGator is one of the best alternatives for GoDaddy if you are looking for a cheaper platform. They are one of the best companies in the market for shared hosting. They provide cheaper hosting plans for bloggers and startups.

    HostGator Website
    HostGator Website

    HostGator also offers dedicated and VPS hosting plans, Even WPBeginner is hosted using the servers dedicated to HostGator. It is one of the best options if you want to start a blog or if you want a starter site. You can easily set up WordPress using HostGator.


    Creative ways to make money with GoDaddy site, the domain name provider
    Godaddy is one of the most popular domain registrar to buy domains and webhosting. GoDaddy offers amazing deals and discounts to save money in domainregistration, domain transfer, hosting, and so on. Affiliate marketing is a proven method to generate extra income from yourblogging and social med…


    Bluehost

    Bluehost is one of the best website hosting companies currently in the market. They provide affordable and fast hosting service which you can rely on setting up your website.

    If you would want to replace GoDaddy for website hosting services then bluehost would be on top of the recommendation list. Bluehost is a hosting provider which is officially recommended by WordPress.

    bluehost website
    bluehost website

    Bluehost also provides a free domain name and SSL certificate along with their hosting plans. You will not have to separately purchase an SSL certificate or register a domain name for your website.

    SiteGround

    SiteGround is the best choice if you want to set up a business website. They are also a hosting provider which is officially recommended by WordPress. SiteGround is one of the top hosting companies on the market.

    SiteGround is very well known for its support to the customers. They provide technical support through Email, Live Chat, and Phone. They also offer a free SSL certificate, one free website migration, and many more.

    siteground website
    siteground website

    SiteGround is the best choice for e-commerce website hosting and business website hosting. They have an easier user interface and website management tools that will let you migrate, manage and run your website more effectively and efficiently.

    DreamHost

    DreamHost is one of the oldest hosting companies. You can easily rely on their services. DreamHost has one of the best shared hosting plans if you are looking for an alternative for GoDaddy shared hosting plans.

    Their hosting services are offered on fast servers. They also offer free domain names and free SSL certificates. This will help you cut down your cost of creating your website and will help you manage your website more easily as everything is under the same roof.

    Dreamhost Website
    Dreamhost Website

    It gives you access to several tools that you can access to manage your website. They have a very simple and easy-to-use dashboard and it is the best choice for starter websites and growing businesses. The platform provides fast technical support through live chat and Email.

    Network Solutions

    Network solutions provide hosting, domain names, and SSL certificates. It is one of the best alternatives for GoDaddy for all these services. They have around 7 million domain names registered under them. This makes Network Solutions the largest domain registrars on the planet.

    Through Network Solutions you can register all the popular domain extensions which include .com, .net, .biz, .info, and many more. It provides all other niche TLDs.

    Network solutions Website
    Network solutions Website

    Network Solutions not only provide domain extensions but they have a wide range of services which include web hosting, website builder, website security tools, SEO services, and many more.

    This platform would be the best choice if you are a business owner as it provides most of the services you require to create an online presence.

    FAQ

    Where is the best place to buy a domain name?

    Domain.com, Bluehost, Network Solutions, HostGator and DreamHost are some of the best place to buy a domain name.

    Can you buy a domain permanently?

    You cannot buy a domain name permanently. Domain name registration is done on a yearly basis. However, you can pre-pay for up to 10 years which guarantees that you will have a domain name for 10 years.

    Is domain com any good?

    While Domain.com doesn’t have all the features that other web hosting sites have, it is still one of the best web hosting sites available.

    Conclusion

    These are some of the best alternatives available in the market instead of GoDaddy. You can choose the best suitable company after going through your requirements.

  • Digital Marketing Strategies for Real Estate agents

    Real estate is one of the most competitive markets on the planet. One of the biggest challenges of being a real estate agent is to be found by homebuyers. You may be new to the industry or you may have some experience as an agent, and finally want to establish your presence online.

    But as a real estate professional, you may not have time to test your online strategy as well as manage your business. When you focus on your business, you might ignore your online presence or it might not be suitable to your needs.

    So what can be done?

    Let’s face it. After 2020, this industry has become even more tighter and marketing strategies that were useful just a few years ago might be on shaky ground now.

    However, it’s time to break the cycle. The first and foremost thing you need to balance your time between your business and your online presence is a solid marketing plan. A plan that you can execute every single week and within minutes, will keep you from falling back into the vicious cycle.

    This step-by-step marketing guide will help you generate leads, turn them into paying clients and help people buy or sell homes.

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    Strategies for successful marketing

    Step 1: Who’s your audience?

    The first step of execution is to find out Who your target audience is. Before going forward with any marketing plan, you need to segment your audience. For instance, you may come across buyers who are willing to buy a space right now, or some who might be buying a home in a few months.

    The key here is to provide information to buyers and sellers that is relevant to their stage in the real estate process. If your marketing message tries to appeal to everyone in your database, then it is likely that your message will be ignored.

    Step 2: Which platforms should you use?

    The short answer is, everywhere. Omni platform marketing works wonders for people who want to build a marketing strategy from ground-up.

    After you have figured out your audience, it is time to communicate your ideas with them. So, the more platforms you use to out up your message, the more leads you will generate.

    However, if even you market the same thing, it is important to tailor your message for each social platform. For example: A great twitter post might not be as effective on Facebook or LinkedIn.

    So how do you make your content relevant on Facebook? You will want to use hashtags and tagging brands to increase engagement. On LinkedIn, you might want to include stats and data and use a research-focused approach.

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    Step 3: Create a real estate website

    If you are serious about your real estate business, then this should be a no-brainer. The centerpiece of your marketing strategy should be your website. How else will people find you, after all?

    A good looking website will show your customers that you are a professional as well as help you rank better for local search terms. Most people will visit your site to see home listings either for buying or selling. Make sure that your website is up to date with photos and information, like the address, nearby locations, transport details etc.

    This section must be easy to browse and should load quickly. Overall your site must be responsive and as speedy as possible. The faster your website loads, the likely you are to lose clients who are impatient to wait for the information. Having a minimalistic website with clear site navigation will be a big help in keeping users on your website.

    Finally, it is important that you provide your contact information and in such a way that it can be found within mere seconds. You might lose valuable business if your customer decides to leave your website because they couldn’t find your information.

    Step 4: Establish an online presence

    After you set up your website, the next step is to establish your online presence and one way of getting your name “out there” is being active online.

    The key to great marketing is, momentum. The ultimate marketing plan for a real estate agent includes weekly content and marketing campaigns for each life cycle in the real estate journey like, coming soon, just listed, just sold etc.

    For instance, before you even list a space or house for sale, you can create a buzz amongst your clients with a “coming soon” campaign. If you are lucky then you might even get the home sold before listing, and can start a conversation with potential buyers as to what they are looking for.

    Another way to engage with your audience is to establish yourself locally, by commenting on blog posts, forums and groups about real estate. Include a short write-up about your services on your comments and you might convert a simple reader to a potential customer. However, avoid spamming links to your website or anything that is not relevant to the conversation. You want to be insightful and helpful, and not annoying while you conduct your business online.

    Step 5: Nurture leads through E-mail Marketing

    This final step will take your casual customer base of FB, Twitter or even your website and convert them into paying clients. That’s the end result a real estate agent should be looking for and it only takes 5 steps to get here.

    The best way to build an email-list is to ask permission from your clients once they sign up on your website. Having pre-written automated emails that go out when a lead does something specific will help you tremendously. As email-marketing has very high open rates, you can use it to engage and re-engage your leads.

    Welcome emails – Welcome your customer once they sign up. You might lead them up to your website and offer them exclusive first-time deals to instantly nurture your relationship

    Information request emails – Did a house that meets your client criteria pop up on the market? Then send them an email attached with pictures. You can send multiple people the same email, and with email automation you can personalize it to each buyer individually without spending anytime.

    Re-engagement – If someone inquired about a house that they are willing to buy but aren’t responding to your calls. You can send them an email exploring their options to see if they are still interested in buying.

    Email newsletters are another great way to keep your leads informed about the market. Tips for buying and selling, new listings in the area, or links to your blog posts and videos will allow you to send the right information to the right person.

    The Bottom Line

    Each marketing strategy is personalized. It all starts with knowing who your audience is, engaging with them and finally converting them into paying clients. Optimizing your website and having a marketing strategy every week will help you not only minimize the time you spend online but will let you focus more on your business.

    A poorly thought out marketing plan could be costly. No matter what strategy you choose to use, never expect a quick return. As the age old adage goes, Slow and steady wins the race.”

    If you use the proven, real estate marketing strategies in this article, you will get more leads, close more deals and your entire approach will be cost-effective.

  • Selling Product Online Is Easier Than You Think

    If you are willing to start an online business by selling product online, you need not bother with a splendid product or open physical store. The most ideal approach to begin is to start selling products online from other companies.

    You can get the accessibility of the products through drop transporters. Then you can use a channel which already exists or by creating your own site start selling the product online.

    Selling products online through eCommerce provides a great opportunity for entrepreneurs to begin. There is no cue of getting down the line on the graph in the strategy of eCommerce. Selling product online can also give way to progress without purchasing a property and opening a physical store, which can be a messy task.

    WIDGET: leadform | CAMPAIGN: undefined

    Here are three main categories that you can choose from to initiate with your online business.

    Drop-shipping For Selling

    Drop-shipping in eCommerce business helps you to take orders on your own site. The liability for transporting the products to the customer is on your merchant or wholesaler. You don’t need to convey any stock anyway. You work as a middle-man between the merchant and the purchaser.

    Drop-shipping works in this way:

    • A customer puts an order request from your website. You receive the price and place an order to your wholesaler at your suitable cost
    • The wholesaler delivers the product to right address.
    • The product will have your organization name and logo. Thus, it shows up as though the item is originating from your end.

    Utilizing 3PL

    A 3PL is a third party logistic company that deals with the capacity of your products for the fulfilment of your orders. At times, they can assist customer care and item returns. You transport the products as a whole to the 3PL supplier.

    It works in this way:

    • A customer puts in an order request on your website
    • Your site sends the request to the 3PL
    • The 3PL ships the request to the customer who placed the order.
    • You pay the 3PL a monthly expense and incentives for each request cost for satisfaction.

    Amazon FBA

    Amazon FBA is one of the most famous choices for selling product online. Amazon FBA means “Satisfaction By Amazon”. Choosing the Amazon FBA is very satisfying as Amazon takes care of all the things. Also, you additionally get access to Amazon’s large number of audience.

    popular products to sell online_Startuptalky
    Popular products to sell online in Amazon

    Here’s the way by which it works:

    • You transport your products to Amazon market place
    • You list your product on the Amazon commercial center
    • A client submits a request on Amazon
    • Amazon handles every step securely delivers the order to the customer.

    After you have selected your niche, here are the things that you will need to put your focus on.

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    Domain Name

    A domain name for your eCommerce store is fundamental so pick as needs be. Enrolling a domain name will permit the audience to discover your website. It will permit you to keep up your reputation.

    Your domain name also helps you to change your eCommerce store arrangements as your business develops. You cannot use your eCommerce supplier’s domain name. You need to get another website for your customers and suppliers to discover you on the digital market. Besides, having your own domain name gives your selling product online a boost for you to work in the market.

    Recognize Your Target Audience

    You should start exploring and recognizing your target audience for selling products online. Your competitor’s strategy can help you choose product pricing, website design and marking. Also, it helps to build your underlying advertising procedure. This can give bits of knowledge into displaying the advantages of your product to expected customers.

    Amazon selling process

    Portray Your Products

    Your customer is lacking a physical store to try on the products. So you have to reproduce that experience online. this can be possible only if you are portraying everything you’re selling. Give as much data as possible, like weight and measurements.

    Besides composing descriptions for the products, the pictures also need to look great. You can also add ‘try-on’ features for the customer can put their own photograph and try virtually.

    SSL Certificate

    You need to know when you go to a site and in your program bar, you’ll never see a little latch image. It is because the web-page is secure. Also, it’s a confirmation to online clients that their information is secure. Buying an SSL (Secure Socket Layer) declaration encodes the pieces of your site.

    how to sell online in india_startuptalky
    How to sell online in India- Get SSL certificate

    It also gathers individual data, like Visa and client structure subtleties. Having an SSL declaration guards your customer against frauds and hacks. Besides, it gives your business trust for your consumers.

    These are only a couple of the significant things you’ll have to achieve to set up your site. The more time you take to get ready before you start, the quicker you’ll succeed once you go on the web.

    E-Commerce Platform

    Picking the suitable eCommerce platform is as significant as the selling product online. Ensure you pick a completely equipped, all-in-one solution. It will permit you to claim both the eCommerce site and the shopping cart software. So, you don’t have to bother with coding abilities or need to pay exchange charges on sales. You can approach helping-team to assist you in setting up your store.

    Advertising And Marketing

    After your selling product online gets operational, marketing becomes your following step. Another preferred tool is the inherent SEO apparatus. It permits you to optimize your website for web indexes and consumers. Associate with your customers with the help of web-based media. Also, publicize through PPC promotions and shopping motors. To boost income and improve transformations, look at the online business changes control.

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    Conveyance Experience

    If you get your conveyance system right, the conversion rate on your site will increase. This will enable repeat buys. Your conveyance system covers everything. Starting from the value you charge and the services you offer, to the delivery and the packaging. It’s imperative to invest in this and get things right for your customers.

    Continue Updating Your Website

    Your website will be stagnant unless you keep on optimizing with updates. So you must arrange of enhancement and discover the region that is not working well, and improve it. You can also add new features and bug-free services with every update.

    Statistics Of Selling Product Online

    Global research says that retail sales from eCommerce sites will add up to trillion out of 2020. The income shows a yearly development rate (CAGR 2020-2024) of 7.8% with a market volume of US $3.1 trillion out of 2024.

    Investing in selling product online will hike and grow, considering this data. So you know, there’s no preferable time over now to begin selling products online.

    selling products online for companies_startuptalky
    Statistical representation of retail sales over the decade

    The competition is selling a product online is rising every day. However, with the right strategy and proper formulation of your business, you can grow. Do not bother your mind with the competitors around. Grab everything that will favor your business and start taking off with ease.

  • The Things You Should Do For Domain Selling Business Success

    If you also want to make money online, there are several ways to wait for you. The internet is full of opportunities which makes your job simpler. You just need to choose what is suitable for your skills, requirements and guide it then.

    Domain selling is a serious business in today’s world. The domain selling a business is turned to be a low-risk business. However, there is a need to go through all legalities to start a business. A domain name is usually a website name. This is the address for the internet to access your websites.

    Business requires domain names to register to protect it from copyrights and trademarks. You can also resell domains. Given below are the important steps to start your domain business.

    How to start domain selling business

    1. Experience

    If you are an experienced web developer. Then you should start domain selling and hosting business. You should gain experience by working in the company. This will help you in fixing the price of your product and earn money. Experienced web devs know the level of competition in the market.

    2. Set The Value For Your Domain

    Firstly determine the price of your domain. Most of the people end up overpricing their domains. This is the reason for restrictions on the market reach. Some domains own a higher price than others due to the suffix used. Shorter domains have more value than longer ones.

    You can spend time researching the other related domains that have already sold.

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    3. How To Sell

    Once you get a clear idea for the worth of your domain. You need to start finding buyers and create a customer base. You need to fix a broker for domain who shares the total selling price. You get to display a list of domains on popular sites that sell them.

    You can also advertise your business on various social platforms. And try to reach to required domain and website hosting businesses.

    4. Fix Your Target Groups

    You need to fix your target groups. It helps you to focus on specific domains and build your expertise. After domain listing, focus on making it more attractive. You need to know whether the domains have any existing traffic already. You should use escrow service to avoid deceived by any buyer.

    You should list out domains in strong distribution networks. This will let you bring your domain names to the millions of buyers every month.

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    5. Business Plan

    You should have a proper business plan to work on. You also need to plan the budget and the amount of money to invest. You need to be very clever with your investments in your business. Try to fix a timeline and work accordingly.

    6. Website

    Try to build a proper website that is business-oriented. Also, decorate your site. It should be attractive to customers. It should contain all the information related to your business.

    Payment services present on the website have to be secured. You should also add an online chat system. This will help you in getting all information about their queries.

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    Top premium domain sells in the last 12 months

    So How Do I Sell Domain Names?

    Step 1: Have Your Domain Assessed

    The very first step is to determine the value of the domain name. You can assess domain names yourself. An excellent approach to appraise your domain name is NameBio. It uses a keyword-based search engine that looks up for sale prices of the domain names. You can find an idea about the lowest, highest, and average prices.

    But what if you couldn’t find value for the domain name. This is where listing the services helps. A professional appraiser will know the market very clearly. It can provide valuable information that helps you to get you a domain name.

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    Step 2: Try To Set a Price For Your Domain

    Most of the domain names sell in the three to the four-figure.  If you already a premium domain name, you can low the price in the case to gain interest. A fixed price strategy is to create an idea for people. This could be a great strategy to use for people asking for fast sales.

    If you already have a premium domain name then you can command 6 or 7 figures. You are now in a good position to set a price.

    Top domain name investors

    Step 3: Landing Page Indicating That Your Domain Is For Sell

    While buyers choose the domain of their choice. They will check the domain in their browser if it’s available. creating a landing page on your website can lead you to close a deal.

    There are many creative ways to locate buyers to such landing pages. Make sure you create the landing pages for every domain you sell. Most of the landing pages have inquiry forms. This allows clients to gather information.

    Don’t ignore the value of interpersonal communications while closing a deal.

    Step 4: Try To Choose An Avenue To Sell Your Domain

    Many sellers do enlist of domain sites with person to person to sell. You can these domain marketplaces. Those are Afternic, BrandBucket, NameCheap, and Sedo.

    GoDaddy auction is the popular domain auction site around. You can encourage buyers to contact for further information. Let them have entered their bid on the auction site. This is true that many of the auction sites charge a commission from selling price. But this will be worth your peace of mind.

    Most of the marketplaces have a review feature. Read out the seller’s reviews on the buyer. This will give you an idea about the seller whether he/she is trustworthy or not. Don’t go further for the deal, if you are not sure about it.

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    Step 5: Use a Service To Transfer Funds

    If you want to transact a large amount of money. Then you should hire an escrow service. Go for research on the marketplace auction site you want to use. If that doesn’t own escrow service. You should hire one yourself. Escrow service makes larger money transactions more secure. Because the buyer will not receive the domain until full payment has been made.

    Escrow service is a broker between you and the buyer. An agreement containing the details of the sale will be great. The buyer will then submit the payment to an escrow account which then will be delivered to you. You should contact the domain registrar and transfer the domain to the buyer. And lastly, the buyer confirms to escrow service about receiving all rights.

    If anyone fails on their part of the agreement. The escrow service contains all the details of the transaction. This can be used as a piece of evidence for further actions.

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    That’s a Wrap

    Therefore, setting up a domain selling business can be exciting these days. This is due to an increase in demand for domain names. Domain names are required several businesses. Such as law firms, educational institutions, and eCommerce business. Ecommerce is spreading rapidly throughout the world. The domains you want to supply have to be easy to access and secured.

    You can supply startups trendy and popular domains. Which helps them in building their website without any coding. You can try to get in touch with established people. Because they know the way of approaching it and make it successful.