take me as an example, (not a pro)
8 months ago in i was desperate and broke i only had about 10$ (local currency converted to $)
i decided to invest in the most effective way i know, (i'm a digital marketing geek)
before i had the 10$ that my dad just gave me to go to a barbershop (lol), i was investigating domaining before and looking for a domain i can bet on.
i know a little bit about startups, i watch shark tank a lot. from that knowledge i came up with about 400 domain name ideas (+/-) from all industries i always use everything i come across as an inspiration for domain names even though i don't have the money, i have lists of domain name ideas on my phone on, my computer, on paper, 100s.
through the deep study i did about domaining i learned how to differentiate between a good domain a decent and a bad domain.
i came across a domain which is help/pivot,com a pivot is a common word in the business and startups world it means change the direction of a company and it is a rough thing for those entities so they might need consulting to do it. meaning the target was a business consulting firm. when i saw it not registred i was surprised.
but fast forward to few days later, i got another 15$s from dad 10$ and mom 5$ so i started looking for another domain.
i started coming up with domain name ideas again, until i came up with pivotstartup,com i was way beyond surprised, adrenaline went through the roof, right away i thought that i found a gem.
i was afraid that if i waited till tomorrow the domain will be registered by someone else, but it was too late. banks are closed i can't deposit the money today.
anyway the day after i deposited those few bucks like a jock, came back home and registered that domain right away.
asked the community here for appraisal a couple guys told me it is not a big deal, i didn't believe that. went to fb grps asked again, someone thought that the domain could be a hit, told me he can see it sell for 2500$ to 4000$ (i knew it) told me to put it for sale on afternic for 3888$, and i did just about that but didn't list a price, just make offer.
8 months after about 4 days ago, i received an email from afternic, you got a buyer request.
i got confused and didn't know what price should i ask for, because i kinda forgot about the domain name and didn't expect this coming, (forgot to mention there was another domain close to mine listed for 1995$ which is startuppivot,com, that domain was another reason why i was convinced to register that domain).
eventually i asked for 2445$ more than the competitors domain i thought i got a little bit greedy and i thought that might give my domain some extra value because i price it higher.
i emailed this to afternic sales support asking for a pricing strategy, i told them that i'm that desperate to sell the dn and i could accept 450$ lol they can negotiate and accept it, if the buyer did not want to buy for the price i listed they could accept anywhere from 450$ to 2445$ but i prefer 1k+.
more than 48 hours later i got no response from them.
so i decided to remove the price again, did that. but few hours later changed my mind again and i thought that i should reduce the price a little bit hoping that the buyer will see the change and changes his mind
i reduced the price to 1895$ and went to sleep.
the next morning i woke up to the congrats email i sold the domain for 1895$ and netted 1516$
anyway, still did not get any money transfer and still afternic did not schedule the payment.
googled why, everyone says they always delay the payment i hope they transfer the money as soon as possible so i can believe what just happened.
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