College students are often in need of domain names, as assignment and thesis requirements might ask for a presentation online via a web site.
That being said, many domain inquiries from college students that arrive in the mailboxes of domain investors, are 100% bogus. It’s simply another domain investor being sneaky, or an entrepreneur working for a company seeking a quick sale at a price point well below the domain’s valuation. That’s what “lowballing” is all about.
These dubious “college student” emails can be brushed off in a couple of ways:
- Ignore them completely.
- Respond to them as if the offer were made by a real college student that wasn’t really educated in Domaining 101.
Instead of sending them an angry response, the following reply to a “college student” might help educate yet another person who will move into the entrepreneur space feeling less entitled, unlike this guy, for example.
Thank you for your email regarding the premium domain you are interested in. I appreciate your interest in acquiring it for your personal or academic use.
I understand that as a college student, you may have limited financial resources. However, premium domains, especially those that are aged and have a unique name, can be worth thousands or even millions of dollars. These domains often have valuable historical data, established search engine rankings, and a recognizable brand identity. Additionally, acquiring and maintaining a premium domain requires a significant investment of time, effort, and money.
In this particular case, the value of the domain you’re inquiring about is considerably higher than the sum of $100 dollars that you have offered. I would suggest that you do some extensive research on the value of premium domains and consider increasing your offer to a more reasonable amount.
If you are still interested in acquiring this premium domain, I would suggest reaching out to a domain broker who specializes in the sale of premium domains. They can assist you in negotiating a fair price for the domain and help ensure that the transaction is conducted in a secure and professional manner. Or simply save up for this domain that is fairly priced at $3,888 dollars; I will even throw in a payment plan for the next 12 months.
Thank you again for your email, and I wish you the best of luck in your endeavors.
Have you received an email from a “poor college student” as many others have?
Share your best or funniest inquiry in the comments below. 🙂
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but what if it is a collge student? especially a chinese college student you know doesn’t have much money. i always try to br fair.
Yeah…Im not sure about this one. I was a college student when I purchased my domain name from an investor. I couldn’t afford to spend $3,000 on it until several years later . I would try to understand them and kindly reject the offer. A template like the one above makes you come off as snobby. You should probably keep it short and professional. Reference to the inquirer the specific historical data and value relating to the domain name they asked about instead of telling them to do the research. Just my 2cents.
Look up fair use and first use. He bought it before you and if he posted about that domain anywhere, he’ll have rights over you and your trademark will be voided. Really not sure what the man is thinking