Digital Pandit
Well-Known Member
Okay, a new week is here so let’s open up a nice big can of worms and talk about one of the more polarizing topics in the domain name world. The question is – should you set BIN prices on your domain names when you list them on marketplaces like Afternic or Sedo?
Well, the alternative to setting a BIN price is to list your domain without a price and leave it to the prospective buyer to make an offer.
Overall I think the general way I’ve thought about these two options is as follows.
BIN – listing domains with a BIN price could allow you to sell domain names faster in some (but not all) cases. At the same time, it’s safe to say that if someone does buy your name for the BIN, you probably left some money on the table.
Full article link
Well, the alternative to setting a BIN price is to list your domain without a price and leave it to the prospective buyer to make an offer.
Overall I think the general way I’ve thought about these two options is as follows.
BIN – listing domains with a BIN price could allow you to sell domain names faster in some (but not all) cases. At the same time, it’s safe to say that if someone does buy your name for the BIN, you probably left some money on the table.
Full article link
