Congrats Randomo, I'm lucky to be one of your customers.
And one of them gave me excellent ROI, so I make it a point to drop into your sales, even if I don't buy many
I sold about 50 odd domains last year, very decent ROI, though some I even lost a little money on but considering I've bought a ton more...I've become a seller only now...as you can probably see from my sig
Great job randomo! I hope you sell even more in 2008.
I need to do a better job of tracking my own ROI. Does anyone have a basic/advanced Excel template for domain sales I could start from? Was one ever posted here at NP?
Thanks, but as I mentioned, I hope I will sell fewer!
I don't know about a template, but here are the columns I use in my Excel domain work, so I can sort the data in many ways:
Domain name [without TLD]
TLD
How acquired (buy / reg / eBay / TDNAM / Snap / etc.)
Price paid
Asking price
Expiration date
Category (1 word / acronym / sports / computers / food / misc. / etc.)
Length (how many characters in domain name without TLD)
Creation date (for domains that are more than a few years old)
Other relevant stats (e.g., Overture score)
When a domain is sold, I move it to a separate SOLD worksheet, where I also fill in columns for price received, where it was sold (NamePros, eBay, etc.), and date sold.
Yeah, that's a tricky thing. When I renew a domain, I add that amount to the "price paid", and I leave a note in an "Other" column that says something like "6.95 reg + 7.44 renew" so I know where the "price paid" came from.
I can use the SOLD worksheet for lots of things. It can track ROI on the domains that I sell, but for a fuller picture of my domain profits, I enter all revenues and expenses into Quicken.
Pretty much identical to mine. Although I have several sheets within the same spreadsheet... Domains/Sales/Expired/Revenue (Parking). I just cut 'n paste the domain if it sells or expires. I pull all the total sales/expired data into the Revenue sheet to calculate my profit or loss for the year, instantly
Congratulations randomo, you're an inspiration. I am leaving work in a month or so and will be going full time in domaining. I mainly get most of my income at the moment from small sales and quick flips so will hope to chase your number of sales for this year.
I also use excel spreadsheets with columns for the domain name, purchase date, costs (which I update if I renew it), registrar, expiration date, sales platforms and prices they are listed at and a parked column so I know where it is parked.
I also have many different worksheets so it's easier to keep track eg, 4L.com, 5L.com, Brandable.com, Geographic.com, .info, other extensions.
I then have a sold tab where I cut them into once they sell which has a lot of the same columns as well as where it was sold, sale price, sale date, payment method, payment date.
Good luck with that - but don't plan on being a flipper forever! Plan to move up the ladder into development, end-user sales, etc.
Yes, I also keep separate worksheets for LLLL.com's & LLLL.net's, since I have many of those. The other types of domains (for example, brandables) can be separated easily enough in the main worksheet, since I have a column for "category".
Just FYI, I'm up to 354 domains sold so far in 2008.
Breakdown:
250 .net's in a bulk sale
82 LLLL.com's (I also bought some!)
22 other assorted domains
I don't plan to maintain this pace (and anyway, I only have about 100 LLLL.com's left), but I hope to put some more bulk sales together this year (as well as some end-user sales!).
