www.kimkardashiansong.com is obviously a new site but im thinking it will eventually be a gold mine once ranking on 1st page, and also if kim continues to make an ass of herself releasing music.. someone offer to buy it and i told him $1000 but he said no, was i wrong for pricing it soo high??
Is Kimkardashiansong.com Worth $1000??
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Zak_A
Senior Member
- Mar 16, 2008
- 809
- 885
This won't answer your question but I'd like to point out a mistake you shouldn't make next time : don't ever name your price first ! When he offered you to buy your domain, you should have just ask him to make an offer, and then decide whether you accept, decline, or negotiate.
I've recently seen someone (sorry I can't recall his name right now) here on BHW state this vital rule of negotiation about a similar topic :
"The first one to name a price loses"
As for what you're asking, I think $1k it's a bit overpriced right now, but you'll probably be able to sell it for that kind of price once you get it a bit more aged and well ranked.
I've recently seen someone (sorry I can't recall his name right now) here on BHW state this vital rule of negotiation about a similar topic :
"The first one to name a price loses"
As for what you're asking, I think $1k it's a bit overpriced right now, but you'll probably be able to sell it for that kind of price once you get it a bit more aged and well ranked.
Autumn
Elite Member
- Nov 18, 2010
- 2,197
- 3,073
Actually statistics show that the final price is most likely to be closest to the first offer. That's why you should start things off with a ridiculous lowball. I can't be fucked looking up the recent paper that demonstrated this, but it makes intuitive sense - if you are the buyer and the seller make a high first offer, it seems inappropriate / insulting to then offer them an extremely lowball offer. The first offer sets the ballpark of the perceived value of the item.
Zak_A
Senior Member
- Mar 16, 2008
- 809
- 885
This is totally correct, but applies only if you take for granted that the transaction will occur.
A cold offer like the one we're talking about has this difference that the transaction will occur only if both the buyer and the seller agree for a price.
Let's consider all the possibilities (from the seller point of view) :
If seller names a price first :
-- If it is way higher than what buyer has in mind, the sale won't occur. Seller has just lost an opportunity to sell (unless he is sure he doesn't want to sell for less than that price, but that's not the case for what we discuss in this thread)
-- If it fits what buyer has in mind, seller has been lucky and will sell for that price.
-- If it is less than what buyer has in mind, then buyer won't say anything and accept the offer. Sale will occur, but seller could have sold for a higher price.
If buyer names a price first :
-- If it is way higher than what seller has in mind, sale will occur and seller has just made more money than he expected.
-- If it is what seller has in mind, sale occurs and everyone's happy.
-- If it is less than what seller has in mind, sale won't occur, but seller hasn't lost an opportunity anyway.
Of course I simplified the potential situations, as I didn't consider the opportunities to negotiate.
But keeping it simple, it is quite obvious to see what situation is best for the seller.
So in that situation (you receive a cold offer to buy something you were not currently selling, but might sell if you're ok with the offer) wouldn't you prefer your potential buyer to name a price first ?
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dthbah2006
Registered Member
- Nov 5, 2009
- 52
- 4
The domain could be worth $1K. It all depends on who wants it and how bad they want it.
One thing that hurts the value in my opinion is the length of the domain.
It is catchy and is rememberable as well that make it have value on the other hand.
Good luck with your sale.
One thing that hurts the value in my opinion is the length of the domain.
It is catchy and is rememberable as well that make it have value on the other hand.
Good luck with your sale.
- Feb 28, 2010
- 5,497
- 4,415
I personally think its a shit domain. Do some seo work and maybe it'll be worth $500 but $1000? Come on man.
ShadeDream
BANNED
- Nov 27, 2008
- 2,296
- 5,536
Same here, to be honest I probably wouldn't even pay the registration fee.
meathead1234
Elite Member
- Sep 24, 2008
- 3,724
- 14,585
Yeah, reg fee at best unless you find some complete moron with too much money.
Who the hell would search for [name] [surname] song anyway?
Who the hell would search for [name] [surname] song anyway?
Nick Flame
Supreme Member
- Aug 26, 2007
- 1,207
- 4,899
Yeah, add to what meathead1234 said the fact that this is not a long term investment, in 2 years top the domain might not be worth even registration fee, regardless if he ranks nr 1 in google, if the karda.. etc family is not hot anymore on the tv - they are just a fade, not an established celebrity. Plenty such people came and went back in the show business.
clikityclankz
Newbie
- Feb 1, 2011
- 43
- 5
nice domain,not tryna be harsh but i don't think it will reign long , unless kim k continues to put out songs. this will indeed come to an end pretty swiftly