BestInsurance.com is for Sale.

[BestInsurance]

Whether the CPC is $15 or $30 or $40 is irrelevant to an agent.

I realized it at a point of time. 70% off on a $100K Rolex will not make me buy it, because I wear a $20 Solar powered Casio G-Shock. That's why I quickly stopped explaining PPC attractiveness and focused just on real traffic.

Let's use your number of $30 and say you convert 1 in 3 to an actual lead.
...
...not individual agents that are trying to convert them.

It is VERY questionable. How big companies can be profitable on a such high bid? Why all of you buy shared leads from leads companies, if your chance to close degraded to 1 of 10 applied to the rest of the math? And so on.

For an individual agent to spend $70k on your website, they would need to make $150k first year JUST from your traffic to even make it worth it, which your site is obviously not generating enough traffic to do that.

Man... You did so good so far, and such silly thing here. So, basically, you invest money only in things which bring 200% of interest right first year. Please share such investment ideas with me, I will pay you a half of the interest. I thought that if an agent will make 100% of investment it will be "too good to be true", I think it is still extremely good, if an agent will make $35K out of $70K investment. You stepped further, to $150K.

Think about it this way - for $70k, an agent could buy the entire book of renewals from another agent and have actual clients to call, but also be earning real money from their renewals, not hoping to attract enough people to a website to make a few sales.

Who knows. I don't know how much 1 client costs in insurance business. In web hosting business 1 client costs average of $360. So if you have 1K clients, your business costs $360K. I agree that there is a chance, that insurance clients are much cheaper than web hosing clients.

I am not trying to "hate" on you, just giving you the perspective from an individual agent in evaluating the site.

No offense taken, man. It is obvious that this topic is useless from the perspective of selling my domain.

 

[dgoldenz]

I don't know how big companies can afford to spend so much money on the high-dollar search terms. Seems to me they would lose money on average, but what do I know...

You are thinking in the sense that an agent trying to convert this traffic will simply sit back and collect the money. I said an agent would need to make $150k because there is a lot of actual work involved in making that much money as an agent. The more time spent working on leads from your site at a cost of $70k, the less time there is spent working on leads or other work that come from elsewhere. There are only so many hours in a day. This is completely different than an investment that you have on autopilot and don't have to do anything to collect.

Think about how many leads an agent could buy for $70k. My average ROI on purchased leads is 10 to 1. For $70k in leads, I could make $700k. Why would I purchase a $70k domain name?

Like others said, if you really wanted to sell it, you need to sell it to someone who is only re-selling leads from the traffic you create, not trying to convert them into insurance sales.

 

[BestInsurance]

I don't know how big companies can afford to spend so much money on the high-dollar search terms. Seems to me they would lose money on average, but what do I know...

You are saying that big companies are stupid and lose money, aren't you?

You are thinking in the sense that an agent trying to convert this traffic will simply sit back and collect the money. I said an agent would need to make $150k because there is a lot of actual work involved in making that much money as an agent. The more time spent working on leads from your site at a cost of $70k, the less time there is spent working on leads or other work that come from elsewhere. There are only so many hours in a day. This is completely different than an investment that you have on autopilot and don't have to do anything to collect.

It is really make no sense to me. I'm not kidding. What actual work are you talking about? Log on to the back-end of your website and pull down leads report is "real work"? Or what??? If you buy a lead, you must call actual prospect anyway, and do the rest of the work anyway. This domain name just a tiny brook of free exclusive leads. Yeah, if you want to turn it into a river, you have to work on it.

Think about how many leads an agent could buy for $70k. My average ROI on purchased leads is 10 to 1. For $70k in leads, I could make $700k. Why would I purchase a $70k domain name?

If you make 10 to 1 on shared, 10 times resold leads, how much will you make on 100% guarantied exclusive leads? 100 to 1? More?

 

[somarco]

I was hoping to capitalize on information and purchase best.com but it appears someone beat me to it.

What a shame.

I could have been rich instead of good looking.

 

[BestInsurance]

That said, it is a pretty good name. I would hold onto it if I were you. If you are ever really hard up, I offer $4,000 for it.

Do I need to put a screenshot of my BoA account to prove that I am not hard up? And why do you offer $4K if someone have offered $5K?

I think I remember that Sedo auction, ended at like $8,500 or so....

If you remember how Sedo auction ended, why do you offer $4K?

 

[VaDwayne]

Bestinsurance, obviously you are not getting anywhere, so why do you keep defending yourself to everybody on this forum.


You have a right to sell what you want, for the amount you want, whenever you want.. No need to defend yourself; it's a bit silly.


If you want that kind of money, and these guy's are not willing to pay it, quit taking time defending your position, and go somewhere else and sell it.

OPINIONS ARE LIKE ASSES, EVERYBODY'S GOT ONE, AND SOME ARE ONE!!!! Just move on...

 

[dgoldenz]

You are saying that big companies are stupid and lose money, aren't you?

No, I am saying I have no idea how or why they pay $30-40/click for terms like "term insurance quotes." If the average life insurance premium is $800-1000, they would need to actually make a sale on one out of every 20-30 clicks just to break even.

It is really make no sense to me. I'm not kidding. What actual work are you talking about? Log on to the back-end of your website and pull down leads report is "real work"? Or what??? If you buy a lead, you must call actual prospect anyway, and do the rest of the work anyway. This domain name just a tiny brook of free exclusive leads. Yeah, if you want to turn it into a river, you have to work on it.

Maybe you misread what I wrote. The actual work I'm talking about is selling policies to the leads coming through. I can buy exclusive leads health insurance for $13 and for life insurance for $30. Why would I want to pay $100+ for each exclusive lead? Not to mention I have to come up with $70k up front instead of a few hundred bucks.

If you make 10 to 1 on shared, 10 times resold leads, how much will you make on 100% guarantied exclusive leads? 100 to 1? More?

In my experience, the ROI on shared is about the same as exclusive because of the higher price. You're living in a dream world if you think you will get a better deal than the $5k someone already offered.

 

[BestInsurance]

Bestinsurance, obviously ...
...
Just move on...

I KNOW! I HAVE A REASON TO DO IT! THANK YOU FOR REMINDING ME!

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Maybe you misread what I wrote. The actual work I'm talking about is selling policies to the leads coming through. I can buy exclusive leads health insurance for $13 and for life insurance for $30. Why would I want to pay $100+ for each exclusive lead? Not to mention I have to come up with $70k up front instead of a few hundred bucks.

Why $100+ for each lead? How did you get this figure?

You're living in a dream world if you think you will get a better deal than the $5k someone already offered.

Maybe you are right. But you need to realize simple fact, that even reselling traffic through CJ, brings about $5K/year. So, even doing absolutely Zero on the thing, one will get $5K just in 1 year.

 

[Alston]

I'd love to have a 14 year old site to work with, but...

 

[BestInsurance]

I'd love to have a 14 year old site to work with, but...

My dear Alston... Not a site. Domain name! Big difference! I'd love to have a 14 years old site too! With old, high ranked inner pages, with solid amount of backlinks and so on. Did you see the site look before I bought the domain name? Take a look. I bought real ruins! I couldn't work on it for 1 year because I did full time college and worked full time. I started midsummer 2010, and just after 6 months I have such good results. So complains of all of these guys, who make 10 bucks out of 1 buck, make extremely little sense to me.