31 Dec '15, 4pm

How Are Domain Names Priced in China?

If you are selling domain names to China, how do you set favorable prices on your domains? Are there any rules or standards that Chinese sellers use? Do the last few digits play an important role? This strategy is often referred to as psychological pricing , charm pricing, or price ending, and it is based on the notion that certain prices may improve the chances of a sale. I did a quick and small survey to find out by using the data available on 4.cn's domain marketplace. I used data from the BIN Sale page available on December 27. It showed 5,604,752 domain names for sale. I selected the default display settings and then collected data from ten pages. From the collected data, I removed domain names selling in US$ because the sellers may likely be non-Chinese and may not follow any pricing standards or strategies used in China. 531 domain names priced in RMB were obtained,...

Full article: https://www.namepros.com/blog/how-are-domain-names-priced...

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