1,700 domains sold in '07; hopefully fewer in '08!

randomo · Jan 1, 2008

Yes, I sold exactly 1,700 domains in the year that just ended.

But no, I haven't bought the Lamborghini yet.

Most of those were low-$xx sales.

I hope I sell fewer this year ... because I want to focus more on development & end user sales, and less on quick flips (though they are hard to resist!).

Is anyone else turning over so many domains, or am I the only crazy one?

randomo · Jan 2, 2008

Andro said:
Very good work, which service have you used to sell them ? Sedo, Namepros ?
Have you registered domains by yourself, or you have bought on the second market ? Have they been new domains, or they have had few years ?
Maybe you think about offering brokerage ?

One of the earlier posts shows where I sold them.

Most of them were drop-catches. I also did some buying on domain forums, eBay, etc.

I have thought of setting up a domain-sales website, but still haven't made that decision. Too busy flipping ...

ajldomains · Jan 2, 2008

I just looked at my spreadsheet and we sold no less than 850 domains last year, so you are not the only crazy one. I really started getting into this in April so those numbers are not for an entire year.

Did every name I sell go for profit? No.
Am I happy with the outcome overall? Uhh, yea!

My goal for 2008 is to expand our numbers and closing 15-20 domain sales per day, at least 6 days per week...to close more domains in live auctions and on websites like Sedo and Afternic.

We'll see how that goes.

Jim

mntor · Jan 2, 2008

randomo said:
Yes, I sold exactly 1,700 domains in the year that just ended.

But no, I haven't bought the Lamborghini yet. Most of those were low-$xx sales.

I hope I sell fewer this year ... because I want to focus more on development & end user sales, and less on quick flips (though they are hard to resist!).

Is anyone else turning over so many domains, or am I the only crazy one?

Great Stats. Congrats mate. Encouraging and Mind Boggling. :great:

Name Trader · Jan 3, 2008

Wow. Only 1-2 hours on acquisitions for so many domains. How do you manage to be so efficient? You must be making quick decisions and little research.

Wow (again). Turning over more than 100% (at profit ratios of 300-500%).

I like your numbers. I sold 129 domains last year. Most were firesales to other domainers. But I did sell 21 domains to end users. I dropped about 850. Still made a good profit (but profit per hour was way below minimum wage).

This year is going to be one of consolidation for me. I have too many domains to manage efficiently. I've stopped buying (which saves me about 4 hours+ a day). I'm going to concentrate harder on selling and parking optimization, with a little bit of development thrown in for good measure.

bricio · Jan 3, 2008

congrats for the impressive stats randomo
i hope 2008 be much better for you!!!

gdell · Jan 3, 2008

of the different places that you sold them

what is dnf? pardon my ignorance,

and congrats, again on your success

randomo · Jan 3, 2008

gdell said:
what is dnf? pardon my ignorance,

DNF - another forum like NamePros.

P.S. 21 domains sold so far this year, plus awaiting payment on a bulk deal of 36.

woolwit · Jan 3, 2008

Congratulations. (You're on Sahar's blog today as well).

Most of them were drop-catches.

Would you mind talking a little bit about which sites/software you use to do your drop mining?

That many sales requires a lot of bookkeeping - good thing Excel can handle it!

Do you use PayPal? Or an escrow co. above a certain dollar amount?
Thanks (to the other contributors as well) for sharing this information!

randomo · Jan 3, 2008

woolwit said:
Congratulations. (You're on Sahar's blog today as well).

Woohoo! I'm famous!

woolwit said:
Would you mind talking a little bit about which sites/software you use to do your drop mining?

Well, I'm reluctant to do so, since competition is already stiff enough! I can say that I download drop lists and manipulate them in Excel - a process that became MUCH harder last month, when I switched to Windows Vista and Excel 2007. (Those files and calculations worked fine in Excel 2003 running under Windows XP, but they now cause Excel 2007 to crash, so I had to find some much slower workarounds. Bill Gates is not on my happy list right now.)

I don't look for numeric qualities such as pagerank ... I just mechanically narrow down the drop list (eliminating long domains and ones that contain numbers or hyphens), then look over that subset manually.

You never know what you might catch. One day in late 2007, I caught 179 dropping LLLL.com's at reg fee ... that probably won't happen again, but it's providing a nice profit stream!

woolwit said:
Do you use PayPal? Or an escrow co. above a certain dollar amount?

I don't often use escrow, but I usually require some proof of reliability (like a substantial trader rating) before doing a straight PayPal sale.

Alex · Jan 3, 2008

1700? That is a crazy amount.

I just made my calculations, and I had 550 - 600 domain sales last year. Currently I have about 430 domains. Unfortunately, I am quite unorganized and tend to not use excel all the time.

I will also focus less on flipping this year, and more on development, and on less but better names. It is easier to manage all those sales and payments (especially that I do not use paypal yet).

Wish you a 2008 rich in sales.

cache · Jan 3, 2008

1700 is a lot,
what is your total revenue-expense=?

Steven · Jan 3, 2008

1700? wow

You don't have to tell us your secrets, but in general, how do you make all these sales?
Do you talk to potential buyers on the phone, etc?

Best wishes with your 2008 sales

diddie · Jan 3, 2008

A good change in my domaining life in 2008 is to be more organised, i will use more things like excell, to keep more track of buys, sales etc ... thx for all the info you gave us Randomo!

randomo · Jan 3, 2008

stub said:
Wow. Only 1-2 hours on acquisitions for so many domains. How do you manage to be so efficient? You must be making quick decisions and little research.

Yes - after I use Excel to narrow down the drop lists, I look through them pretty quickly, and do little or no research on the domains that interest me. (This is the way I live my life: fast decisions, based on little evidence!

)

stub said:
This year is going to be one of consolidation for me. I have too many domains to manage efficiently. I've stopped buying (which saves me about 4 hours+ a day). I'm going to concentrate harder on selling and parking optimization, with a little bit of development thrown in for good measure.

I don't put much effort into parking (as my domains don't get enough natural traffic to justify it), but I will focus more on development and end-user sales this year.

mrdomainman said:
1700? wow

You don't have to tell us your secrets, but in general, how do you make all these sales?
Do you talk to potential buyers on the phone, etc?

Best wishes with your 2008 sales

Mostly, I just post sales on these forums, like everybody else! My "secret" is to offer a huge assortment of pretty good names at ridiculously cheap prices.

Giving good service also counts for a lot. Many of my sales are to previous customers who know that I will push domains quickly, accept reasonable bulk offers, and work with them to ensure that all goes smoothly.

Much success in 2008 to you too!

NameClerk · Jan 3, 2008

Dave,

I hope you didn't mind that I turned your thread into an article. I thought you shared a lot of great information. I didn't foresee Sahar picking it up so I hope you don't mind the exposure... :hehe:

-Bill

randomo · Jan 3, 2008

NameClerk.com said:
Dave,

I hope you didn't mind that I turned your thread into an article. I thought you shared a lot of great information. I didn't foresee Sahar picking it up so I hope you don't mind the exposure... :hehe:

-Bill

Bill - No problem at all; I'm glad you found it useful.

I'm in this business not just for money, but also for fame. Write about me any time! :]

P.S. I should acknowledge my buddy Yofie, who not only sold more domains than me last year, but has also shared info and worked with me on drop catching and some other aspects of the game.

NameClerk · Jan 3, 2008

randomo said:
P.S. I should acknowledge my buddy Yofie, who not only sold more domains than me last year, but has also shared info and worked with me on drop catching and some other aspects of the game.

Yep! You can't sell them if you can't find them.

newdomainer.mobi · Jan 3, 2008

I'm very impressed with that turnover.... that's commitment for you!

If you ever start a sales site I'd be happy to post my portfolio up there for comission sales, you must have quite a following by now

Does anyone here find it worthwhile using SEDO's 'featured' domains facility.... I've never tried it but figure it could be a good way to generate a bit of interest?

Regards

Gary.

2007 - sales = 2

loscocco · Jan 3, 2008

I did not do a huge volume of sales in 2007 but i know my ROI was VERY high to say the least and i am happy, Quality not quantity. Hope this year will be even better.

Nattydomain · Jan 4, 2008

Randomo you are my idol for the simple fact im trying to sell just 1 domain a day and still havent managed that LOL

I think my problem is I cant sell cheap. if I sell cheap to someone I feel there is something they know that I dont that will turn that $20 domain into a few Hundred and then I will kick myself for letting it go so cheap.

However if your buying domains at $7.44 and then selling back at $25-30 thats pretty good at say 6 x a day @ avg $25 = $150 a day x 30 days = $4500 x 12 months = $54,000 and thats JUST the basic 2-3 word domains im sure.....Nice goin man!

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