Pricing psychology and strategies

2 months ago 5
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As I'm sure we all are, I'm still, and forever, learning how to price my domains at face value correctly when potential buyers reach a landing page.

I assume pricing between 999 and 4999 is a sweet spot and a good starting point, especially for negotiation practices regarding the make-offer route for an end user.

Right now, I'm experimenting between 1,499 for 'standard' domains, 2,499-4999 for 'above average domains' (In my opinion), and 4999 for domains I'm currently performing outreach on; I'm hoping the higher price point comparatively to my other domains will spur on negotiations, but I have concerns it will completely deter them from contacting me back as it is 'out of their budget'.

For outreach, I also have my Atom WLM linked in my signature so they can check out my portfolio. I'll be conducting stat-tracking and heat maps for further clarity. Still, right now, I'm just following in the footsteps of my fellow domainers.

Let's discuss the psychology behind pricing and share insight into how we price our domains.

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