How to Sell a Domain on Godaddy?

GoDaddy is one of the largest and most reliable marketplaces for selling web addresses. This platform has been around for years and is used by millions of people around the world. This is because it is secure, easy to use, and also price friendly. The greatest challenge that most people who want to sell the domain of GoDaddy face is knowing the right selling procedure. If you are also facing the same challenge then you have come to the right place. In this article, we will give you a step-by-step process on how to sell a domain on GoDaddy.

Why Should You Sell A Domain On Godaddy?

Before we discuss the process of selling a domain on GoDaddy, let us first discuss the importance of selling a domain on GoDaddy.

Easy-to-use Interface

GoDaddy has made it incredibly simple for users to access and navigate around their platform. The interface is simple and can be used by anyone, including those who have never used it before. It also has some incredible features such as the search box that allows users to find crucial detail with a click of a button. You can list a domain on the GoDaddy marketplace in as little as 5 minutes.

GoDaddy Mobile App

GoDaddy has gone a notch higher to make it easy for people to sell domains on their platform. They also have a mobile application that you can use to list and monitor your listing in real-time. So long as you have your smartphone with you, you can set up and track your auction in real-time. The convenience that GoDaddy provides makes it an ideal marketplace to consider.

It Allows Negotiation

Most web address marketplaces don’t allow buyers and sellers to negotiate. It is only in GoDaddy that you will get to enjoy this exclusive feature. When you list a domain on this platform, buyers can negotiate the price with you. This feature alone increases the chances of selling the domain by up to 50%. So, if you use it well, you will make a lot of money from this marketplace.

This Marketplace is Secured

If the security of your personal data and domain is a huge concern for you, then you should choose GoDaddy. This marketplace is super secure. One security feature that really impressed us is the auction bidder verification process that protects both sellers and buyers from any form of scam that may compromise their personal data or lead to loss of money.

Favorable Algorithm

The algorithm that this marketplace uses is favorable to sellers. Once you list your domain on this platform, it will slowly move up the rank when other listed domains expire. This is important because it allows you to sell your domain quickly and at a good price.

Cost Effective

GoDaddy’s main goal is to help sellers make profits as opposed to “eating” their profits. That is why they charge a very low domain registration fee to ensure that sellers benefit more. So, if you want to spend less and earn more when selling your domain, then GoDaddy is the place to go.

Step-By-Step Domain Sale on Godaddy

Step 1: Create an account

The first step to selling an account on GoDaddy is by creating an account. Now, this process is simple. Go to the GoDaddy domain portfolio and click signup then follow the simple steps given. The entire sign-up process will take less than 3 minutes to complete. On the other hand, if you already have an account, you can simply log in and start the listing process. If you have forgotten your account username or password, click “forgot password” and then follow the steps given to retrieve them.

Step 2: Log in to the Account

Log in and go to the “My products” section located in the upper right corner

Step 3: Scroll down then choose the “manage option” of the domain that you want to sell.

Step 4: Once that is done, a new dashboard will pop up with multiple options to choose from. Click on domain then domain settings.

Step 5: Click “buy and sell” then choose GoDaddy auction listing. A new window will pop up that will take you to the selling list. Click on it then choose “List a domain”. Please note that GoDaddy will prompt you to enter your login details again for verification when you click the selling list. Once you are in the “list a domain”, you will have several options to list your domain including a 7-day public auction, offer/counter offer, and offer/counter offer with buy now. Choose a method that suits your selling needs.

Step 6: Once you have chosen your preferred listing method, a GoDaddy auction membership page will pop up. You have to buy a suitable plan that suits your domain-selling needs in order to proceed. However, this page will not pop up if you have already registered and bought a plan.

Step 7: A domain list form will appear on the screen. Choose the domain that you want to sell on this marketplace. Make sure you provide all the necessary information needed such as the domain category, your PayPal address, and more.

Step 8: Price your domain accordingly then click “I agree” on their terms and conditions (after reading them). Click Finish to complete the process.

That’s it! The entire listing process will take you less than 5 minutes to complete.

Important Things to Do When Selling a Domain on Godaddy

Now that you know the steps on how to sell a domain on GoDaddy, let us now discuss things you should do to make the selling process smooth and quick.

Ensure That Your Payment Method Is Secure

The first important thing you need to do to make the selling process smooth is to choose the right payment methods. The good thing about GoDaddy is that it allows multiple payment methods including PayPal, direct bank transfer, and more. Choose a payment method that is secure and most importantly, convenient for your target customers. A customer can easily cancel the transaction just because the payment method is not convenient. So, ensure that you choose the right payment method to avoid such things from happening.

Price Your Product Accordingly

This is where most sellers usually get it wrong. How you price your domain on GoDaddy is crucial and will determine if you will attract a buyer or not. If the price is too high, then buyers will avoid your product. On the other hand, if the price is too low, your profile margin will be very low. Before you set the price for your domain, research to know the average price of most sellers and set yours within the prevailing market. You can also use the GoDaddy appraisal tool to help you determine the right price to sell your domain.

Choose a Catchy Domain

The name of your domain will determine how fast you will sell and at what price. If your domain has a catchy name, then you will most definitely sell it fast and at a good price. So, ensure that you choose a catchy name that will attract the attention of your target audience.

Select the Right Registration Plan

GoDaddy has several registration plans for domain sellers. They include a basic plan ($4,99/m) and a premium plan ($39.99). Check the features of each plan then choose your own that will suit your selling needs.

Market Your Domain

Although it is possible to sell your domain without marketing, it is often advised that you come up with a marketing plan. This is important, especially if you are selling several domains on GoDaddy. There are multiple platforms that you can use to market your domains, including using paid ads and posting them on your social media platforms and more. Choose a marketing technique that suits your selling needs and budget.

Final Thoughts

Selling a domain on GoDaddy is a simple process. If you follow the simple steps given above, then the entire process will take you only 5 minutes to complete. This marketplace also has tons of features that can be utilized to make your domain selling process seamless.