10 Things I learned About Chinese Domain Buyers

I sold a few domain names to a few Chinese buyers in November and December and it was all together a pleasant experience.

Everybody knows they like short domain names and numerics but here are a few things I learned about Chinese domain name buyers while selling domains to them:

1. They always use more than 2 email accounts in every email message they send.
2. They always reply from a different email address than the one they first contacted you.
3. They will always start offering a low price but will then haggle. You should always leave some room in your price for negotiations.
4. They will haggle but they can and will reach a deal.
5. Their English improves while closer to the deal.
6. They will use Escrow.com as well as their local DN.com.
7. They pay on time.
8. They created accounts on various registrars(Fabulous, Dynadot) so I could push the domains.
9. They are fast to approve and complete the Escrow.com transaction after they receive the domain names.
10. Have you heard? They are buying everything! 🙂

Of course there are always exceptions to any rule like the latest scam with buyers delaying payment while waiting for market prices to change and while finding a buyer for the domains they have in escrow.