I found this expired domain name and registered it immediately thinking it could be a great flip. What do you guys think is the true value of this domain? Here are the acronyms for TBS: http://acronyms.thefreedictionary.com/TBS So their are so many possibilities of utilizing this domain for a business. Any ideas?
One person's true value of a domain is going to be different than another person's true value. The 1 before hand, to me, decreases it's value. Were it after I might think it more valuable. When I see a domain I can usually see a path for it immediately, but this one I am not seeing the 'great idea' click on. But, this is just me. Just like ant other domain, one has to wait till the right person comes along that will see the value of it in order for it to sell for a good price.
This is an appraisal thread so how can it be "too low"? It would be great as a quirky recipe site but I'd be looking to develop and sell rather than sell just the domain if I were you. I imagine $50 is about right, the niche is incredibly well developed and one would be unwise to sink much capital into it if you weren't already a big player - like maggi or nestle.
He offered me $50 to $100, which I said is too low. Thanks for your response. I am new in domaining but I think this domain has huge potential like TBS could be: Tech business solution Total billing system Total Business Solution Technology Based Solution Tax and Business Service Telecom Business Solution Technical Business Solution Telephone Banking System Travel and Business Service
I immediately thought "one tablespoon", but honestly, I'd prefer a more brandable name then something like this. But I like your negotiation skills. If someone appraises a name and tells you to message them if interested, that shows they're interested in the name, and you can likely sell it to them for more.
As I've mentioned in my previous reply; I am new to domaining and this is my 2nd flip. I really appreciate your reply and learnt a new thing from you today, which I will definitely consider in the future. Thanks
I think that was my point... But had that not occurred to you first up, rather than those other suggestions you made? However, the niche is bloated and full of very switched on and professional people and a new site would have it's work cut out trying to get market share.
I tried it once and used all kinds of methods to make it work, it had tens of thousands of recipes, constant updates with cooking tips and guides, onsite and off SEO to the hilt, heavy use of social media, on and on. The interest in people switching from cooks.com and what not never developed for me. It is hard to compete when BIG companies can easily put their URL on their products and be seen, and used, by millions of people daily, or have the finances to buy a spot on another BIG company's products as a partnership gig. If you are going the cooking route you have a long, long, long, long uphill battle.
It is not just the competition, I just think it is tough trying to monetize a site like that, unless you're say a celebrity chef.