It's really a bad practice, the company I work for usually receive lot of mails/phone calls from local companies suggesting us to renew the domain or it will be in hand of cybersquaters. It's really annoying.
I believe the most important thing a website owner needs to know is "suggested improvements" in design/coding and SEO aspect and suggestions are no insulting either. Say for a complete website review cost $xxx amount and you do it free, webmasters will love it. (IMO)
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