A tip which will increase the response rate of your domain inquiry

A-tip-which-will-increase-the-response-rate-of-your-domain-inquiryHello and Assalamo Alaikum,

As many of you know that I have stopped contacting endusers myself at the end of last year. There are couple of reasons behind that. One of them is that I want the endusers to reach me directly rather than I go after them because the number of inquiries I receive each month is quite satisfying after which I don’t need to chase after them. Secondly, you have an upper hand in handling that inquiry when someone approaches you at first. Because there are some instances when you contact a person and ask them to give their offer first. Occasionally that makes the other person furious at you and tells you to throw out your asking because YOU initially contacted them.

I have been in domain business for several years and have done many tests and trials while sending emails and always screening as to which one works better. After doing careful research I found out that by simply adding a question to your reply can definitely increase the response rate.

For example, instead of just asking the enduser to present their offer in $x,xxx range or throwing out an asking price, you can always add a question at the end along with your reply which makes this as a whole “I will certainly entertain offers in mid four figures. Would you like to present an offer in that range?” Even if the next person is not interested, the reply will most probably comes quickly.

Another example is when a person is too lazy to respond or taking enough time to finalize the deal, you can always inform that the offer is valid for 7 days or until the end of this month. Plus you can ask “when shall we expect the transaction to finish off?” or “do you think we can wrap up this deal by the end of this week?”

Such questions not only give you clearer picture about the buyer’s seriousness but also saves your time by knowing if the person A is not serious, you can quickly reach out person B (if there is any on your waiting list) and proceed further with your communication/negotiation. This way you will not lose the person B who will not need to wait for lengthy period of time. Because we have seen many times that buyer is looking for several alternatives while trying to acquire domain for their business.

This doesn’t guarantee the increase of domain sale but surely going to help you in moving ahead quickly.

For me, this has been working perfectly and the response rate is much higher than before. If you are using this tactic, feel free to share your views on this. If not, give it a try and post your comment in this regard and let others knows.

Improved Customer Support from Bodis.com

Improved-Customer-Support-from-Bodis.comHello and Assalamo Alaikum,

In past I used to park my domains at Bodis but wasn’t quite satisfied with their support due to delay in response and mostly no replies. As of now, I have parked 1-2 names so it doesn’t matter much about their customer support but since many of you guys have been actively parking your domains with Bodis, this news will be good for you. Below is the email I received from Bodis team:

“Hello AbdulBasit,

We are happy to announce that we have implemented a proprietary support ticket system and hired new staff to help us achieve significantly faster and improved customer support service.

From now on, we expect to handle and respond to all customer support inquiries at the absolute earliest convenience. We are committed to providing an exceptional customer support experience to you and other Bodis users.

You may email support@bodis.com in order to use our improved support system. Your inquiry will be assigned to the appropriate Bodis staff member with a ticket ID ensuring an accurate and timely response. In the near future, our support ticket system will be further integrated tightly with your Bodis account.

We hope this change is well received and shows our users that we are 100% committed to providing the best service in the parking industry.

Sincerely,
The Bodis Team

Bodis – Committed to parking. www.bodis.com
If any one uses their new customer support (ticketing system), feel free to update and let us know the difference whether their support has really improved or…

Five Figure Domain Sale and Parking Revenue for July 2014

Hello and Assalamo Alaikum,

Back from six figure sale to a five figure sale for which I can’t reveal much info other than the sale amount which was $20,000 and it was .com. Once again it was brokered through Jessica Ebanks of DomainNameSales and the sale was completed through Escrow.com. Always pleasure working with DNS team specially Jessica and it was swiftly done with Escrow.com which is the best escrow service.

Coming back to parking revenue of July for which I am publishing the stats a bit late but this is the area which I must focus to achieve one of my another goal for this year. Previous month wasn’t impressive although I didn’t add that many domains to my portfolio. Below is some of the parking stats which might be helpful to you in some way. This time I have added top 5 niches and CTR which was suggested by one of my friend Mohammed Zaki.

Total visitors – 117,000+

Total clicks – 5,000+

Total parked domains – 700

Total revenue – $550

Top 5 niche which made the most – Games, Health, VPN, News, Music

$$ made on a single day – $30

RPM – $5.2

CTR – 5.62%

To add something on above stats, there is one domain which is banned by Google and that received 26,000+ visitors with zero clicks and it was all paid per visitor and I have added those visitors in the above stats and excluded RPM and CTR from that. Also found that clicks have gone up compare to June 2014.

Added few domains in the last month month but instead of improvement, I saw significant decline but I will take that since having a good sale this month. There could be one reason of revenue drop due to summer where possibly advertisers might be keeping their budget tight. Many people are on vacations. I am hopeful to have some improvement this month and if not, I will have to make some changes in categories/sub-categories of domains which receive decent traffic to see if anything gets better…

Have you seen any drop in the parking revenue for the last month? Made any sale recently which you would like to share with us?

My Recent Domain Acquisitions

Some-recent-domain-acquisitions-by-AbdulBasit.comHello and Assalamo Alaikum,

My sincere wishes to every Muslim reader of my blog all over the world a very happy EID Mubarak. Hopefully everyone is enjoying and having loads of fun.

I feel really good sharing my experience no matter it’s good or bad. I receive emails where people ask me what type of names I buy and what are the strategies behind those acquisitions.

I simply buy all type of names which I feel comfortable at selling in future. Normally I avoid buying adult/alcohol/gambling related domains. Other than that I hunt for every name I think can pay off well some day.

So let’s start with some of my recent acquisitions I made in the last couple of months or so.

Steps.net – Oh well a .net! I liked this name. I don’t buy too many .net domains but this wasn’t there to be left off. I paid couple of hundred Dollars less than I won finally this domain. Long story short,  I actually lost the auction but the winning bidder failed to make payment and all his bids were removed and as I was the second bidder, got the domain for $200 less than the first bidder won.

Liaison.net -Another .net domain! That’s enough for today’s list and I have to control myself on buying more .net domains ;)
.com is developed and I see great potential in this name.

GrowthHormones.com – I found this domain from Mark’s domain picks and thanks once again to Mark for sharing this decent name.

CaProperty.com – At first look I thought of Canada/Canadian/California Property, although “CA” can be the initials of many companies dealing in property business.

TheBreastCancer.com – I am fond of “THE” word domains and this can easily be used for breast cancer awareness, fundraiser, research foundation, etc. I think I have now over 10 domains starts with “THE”.

TAEQ.com – Another LLLL.com addition to my portfolio. Looks like an Arabic word to me.

AusCom.com – Can be used for an Australian communication company may be? I see there are many companies out there with Auscom and can be an upgrade for any one of them who pays the most ;)

DanielMorgan.com – Slow in terms of selling for a decent profit but I am starting to like two word common names. Have to be very selective in buying it.

RoseCottage.com – Another upgrade name for many companies.

EyeSeeYou.com – Brandable domain which can be pay off well on some golden day. Not sure when that is going to come…

LasikSpecialist.com – Do I need to explain this one? ;)

Care to share your recent domain acquisitions? Also if you wish to comment and share your feedback about my domain purchases?

NameJet released iPhone App

Hello and Assalamo Alaikum,

I just received an email from NameJet which surely is a good news and would like to share with you. They have come up with new app for iOS which makes thing easier in bidding for any domain name auction.

 

 

 

 

NameJet’s new App for iOS gives you more control when bidding in domain name auctions while on the go.

Never miss out on another NameJet domain auction. With an easy to use interface, the NameJet app allows you to manage your bids, and puts you in control of your auctions no matter where you are.

The app has an easy-to-use interface, allowing you to manage your bids, putting you in control of your auctions regardless of location.

The NameJet App is now available for free at the App Store!

Features:

  • Account Controls
  • List Current Auctions
  • Last Minute Board
  • Sort
  • Auction Details
  • Place Proxy Bids
  • Real Time Status Updates
  • Bid History
  • Alert Settings
  • Optional Push Notifications
  • Customer Service Connect

Download Now