I just recently sold one of my domain names for $350. Since the buyer took the time to look up my WHOIS information and contact me through email, I knew he was interested from the start. The first offer he made was $60. I gave him a long explanation of how the domain was worth more than that and he bumped his price up to $200. To see if he would pay more, I bumped my price up to $500. He didn't agree on that price so I told him to give me an offer between those two figures. We settled at $350. If you ever have to negotiate the sale of one of your domains and you know the buyer really wants it, that's how you do it.
I don't think it would be appropriate to tell you that. All I can say is that it ended with the word "marketing". I believe this guy plans on using it to start his own marketing business.
From $60 to $350 That's called a risky bargaining depending on the buyer. Some would have ran away on high quotes!
I hope its wasn't affiliatemarketing, socialmarketing, businessmarketing or mobilemarketing you sold for only $350 as these are in the $xxx,xxx
It's the way you do it. You let the buyer bring up their price initially. Once you get the highest price that they "admit" they'll pay, you give them your asking price. Oftentimes the buyer will go somewhere in between their price and your price.
Go overseas to Jamaica and in the gift stores, there are no prices on anything. You have to haggle with the sales guy and if you pull out a $20 bill, pop it and wave it around watch the guy's eyes as they will not leave the $20 bill. I would go outside, sit in the van, and wait a few minutes while the rest of my group was inside. About 30 minutes later when everyone was getting ready to leave, I went back in and got $100 worth of stuff for that $20 bill. Sometimes you need to know when to bluff, when to walk away and when to renegotiate. Good job on the sale