Secret behind my Afternic pricing

Hello everyone,

Today I wanted to share the secret or the reasoning behind my pricing especially at Afternic. Although I keep the same pricing at every platform whether the inquiry comes via Afternic, Sedo, direct or elsewhere.

There is a calculator for calculating Afternic commission and I know many of our sales are in the range of below $5,000. Actually it matters when your price is $5,001 and especially $25,000 and above that level.

So whenever you’ve a sale of $5,000 or below that level at Afternic, you tend up to pay a fixed commission of 20%. However, for instance a domain you sell for $24,888 then you’ll end up paying up a commission of $3,983 which is exactly 16% commission of the sale price.

Now the interesting part is when you sell a domain just for $1,000 more which means $25,888 then you’ll end up paying a commission of $4,088 which is almost 15.8% commission of the sale price. I know for some domain sellers, the 0.2% commission is not a big deal but you’ve to think that when a buyer is willing to pay $24,888 then of course they can pay $25,888 as well.

And you know what… as the sale amount increases, the commission drops significantly. For example, if you remember I sold AutoFun.com for $50,000 via Afternic BIN, so I ended up paying exactly 13% commission if you calculate through their calculator.

Yeah I know the big sales don’t come that often but I’ve seen many investors selling their domains for $24,888 or $24,000 so this post is especially for them to understand and revise their prices.

In short, if you see their sales commission structure and study it, you’ll know that as the amount increases, their overall commission decreases. So keep their commission structure in mind when pricing your domains.

Feel free to give your feedback no matter how good or good it is πŸ˜‰

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3 months ago

[…] Source : AbdulBasit.com – Domain Investing | Domain Sales | Domain Tips | Domain Consulting | Read More […]

Emeka
Emeka
3 months ago

Thank you Abdulbasit,I didn’t think about this until I sold a name higher than $5k and I wasn’t charged 20% .Then when I sold for $26999,I was surprised and then decided that it was better to price a little higher and get charged less commission.

This is an eye opener and I will be implementing based on my tier 1 domains and below.

Good write up and wish they would drop significantly to 10% the higher the sales gets into 6 figures πŸ™‚.

Johan
Johan
3 months ago

Thanks for sharing Abdul. When are you going to post the β€œrecent sales post”? We love to read that kind of post from you, hope you will share your recent sales soon. All the best.

Abdul wajid khan
Abdul wajid khan
3 months ago

It’s always great to read yours blog… Yours advice… Abdul bhai.. As I always say u r great but missing yours sales and purchases blog… I am sure many fans of yours miss those blogs..

Spike
Spike
3 months ago

Thank you brother for the great info!

Harmandeep Singh
Harmandeep Singh
3 months ago

Great share sir!

Jose
Jose
3 months ago

Thank you for sharing,
When you want to sell domains you are interested in knowing the commissions that you will have to pay after a domain sale
Afternic in one of the highest very similar to Sedo, it is understandable that the higher the sales figure, the less commission, what I find pathetic is that for a sale of $1000 it is not $90 to pay as in Dan.com, in Afternic the loss is $200 It is $110 in comparison.

Toot
Toot
3 months ago

unlike Sedo, the disadvantage of Afternic is that it cannot count the number of visits to each Domain. How do you solve this?

Oyetunde Adegbola
Oyetunde Adegbola
2 months ago

Thanks for the info

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