How does everyone know? The hounds come knocking. (2.Viewing)

I'm quite diligent with my domains and I usually renew the whole year in January but I was reading an interesting twitter article a while back that said you should always let a .com fall into grace before renewing it.

That goes counter productive to everything in me, especially on higher value domains but I've been trying it for a while now and I'll be darned if it does not work. You renew the domain at the last possible moment after in has attracted all the expiring eyeballs. In the year I've been doing it I have sold 3 MapleDomains.com. Maple is an extremely popular keyword in .com with China and the USA being the leading registrants. Canada is in there but not at a high dollar because we have the .ca option to contend with.

I sold another Maple Domain this morning which enforces the logic 100%, if I let the .com's almost expire the traffic increases exponentially and once you renew it the potential end user steps forward.

I wish we could do similar in .ca but alas that is not meant to be

Another related strategy I have anecdotally heard may drive up purchase inquiries is to renew the domain for more than one year at renewal, which -- in theory -- motivates the potential buyer to reach out to owner rather than wait another year to see if domain will drop. NFI, DYOR, etc.

MaiTaiMan said:

Another related strategy I have anecdotally heard may drive up purchase inquiries is to renew the domain for more than one year at renewal,

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Interesting strategy, I have one domain meet.ca renewed until 2030 but I mostly renew every January for my .ca's and I hold on the .com's now.

This 'renew for lots of years' strategy only works (if it works), of course, for buyers who are savvy enough to know how to check the renewal status of their target domain. You would be amazed how few potential buyers know how to do that. And for .CA domains, 99.9% of potential buyers probably have zero clue about the CIRA registrant contact form. sigh

MaiTaiMan said:

Another related strategy I have anecdotally heard may drive up purchase inquiries is to renew the domain for more than one year at renewal

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I only do that when buyers piss me off and it's usually followed by me removing the domain from the market for up to a year.

DomainRecap said:

I only do that when buyers piss me off and it's usually followed by me removing the domain from the market for up to a year.

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You have to have thick skin in business, I do the exact opposite, when someone annoys me I simply set BIN and break off contact. I figure if they want the domain the bin is there to click.

Did that today with someone at DomainEasy who keeps raising by $100 so I decline, set bin, and refuse to answer any more bids.

MapleDots said:

You have to have thick skin in business

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I can do what I want and so can you. When you're spending your own money, you don't answer to anyone.

Personally, I feel the "set it as BIN" strategy is a wimp move, but different strokes for different folks.