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Old 05-14-2008, 04:43 PM   · #26
rhinoz
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I wouldn't say that one particular niche is always hot. Right now from what I'm seeing is anything to do with Finance, refinance, loans (as you mentioned) BUT saying that, anyone can reg 20 domains with those words in them but they have to be understood by the "internet general public" as typed in traffic. So if you had (again, I apologize if I actually mention anyones domain out of context) RefinancedLoans.com and you had the choice between selling that or BlueGrassFinance.com, which one do you think would have a better chance? Common sense right? Use common sense terms when buying or fresh regging a domain.

If you want to know whats the hot topic of the year, watch the news, read the newspapers, see whats being said everyday, every broadcast and make your judgements from there. Again, it's up to you which way you swing with your domains but what I'm saying is just my opinion, always remember that


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Old 05-20-2008, 10:22 PM   · #27
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some advice if you could

Originally Posted by rhinoz
I would be happy to answer any question that anyone new or even not new would have, you can either ask them here or PM me, the door's open




Hi there!!!
I am new on this business and i got exited when i got this info by this company http://domainprocessing.awarecart.c...2&subid2=400114

i did not understanding everything what's all about it on this link ,it's like buy domain and sale later for profit ?i thing so ,but am not sure i thought it's kinda scheme quick rich guy make killing on ebay sallying stuff'' .Can somebody give me an advice as how he think about it.Many thanks D
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Old 05-20-2008, 10:37 PM   · #28
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Cool some advice if you could

Originally Posted by rhinoz
I call this the domain guide for the noobs, because I am a noob!

Ok, we've all done it, bought a 100 domains because "we" think the
names we pick are going to make us millionaires within a week and "we" are
the only people who thought of buying and selling this way. Well guess
what, you're wrong, unless you happen to fall into a 3 char .com
domain for $50. Chances of that happening are NONE.

It all boils down to hard work and research. I've only been buying and
selling domains for approx 3 months BUT, what I have done is learned
all the way. If there is one thing everyone should do before even
buying their first domain is "ASK QUESTIONS". Ask yourself this, would
you buy a car without asking questions? The answer is NO, then why
don't you do the same with domains? This should happen with every
purchase and it doesn't matter if it's a domain or a dalmation, ask
ask ask! The more you ask the more you know.

Now you're asking yourself, what makes you such an expert on this?
Easy answer, I'm not an expert, I'm a noob! which is why I'm writing this
so that you won't make the mistakes going forward as a lot of people do.

When I first started just those few months ago, I reg'd everything I
thought looked cool. Yes they looked cool, to me, not to anyone else,
funny how that works huh. look around the forums first, look and see
what is selling and what isn't. Keep track of them, keep a journal if
you like or even a spreadsheet, but just keep track. All I'm trying to
do is help you get started the right way, not the wrong way.

If you want to make alot of money in this industry, treat it like a
multi-million dollar business right out of the gate. If you treat this
business as a quick $20 in your pocket every week, then guess what,
thats all you'll have. Now on that note, I am in no way saying spend
thousands of dollars on your domains. Spend what you can afford. I've
lost track of how many people I've come across on the boards saying,
"Need to sell this domain to pay bills", don't get yourself ever in
that situation because you'll never get out of it. Don't bid or offer
higher than what you have got in your bank or paypal etc. because to
do so will be your downfall.

Don't spend the proceeds from a sale before you have it physically because
hiccups and delays happen and the last thing you would want to be known
as is someone who doesn't pay when they should. So the quick rule here is
very simple, only spend what you can afford once all the bills are paid and don't
spend more than you have.

I hope this first part helps someone.

Part 2 is to follow soon...






I am new on this business and i got exited when i got this info by this company http://domainprocessing.awarecart.c...2&subid2=400114

i did not understanding everything what's all about it on this link ,it's like buy domain and sale later for profit ?i thing so ,but am not sure i thought it's kinda scheme quick rich guy make killing on ebay sallying stuff'' .Can somebody give me an advice as how he think about it.Many thanks D
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Old 05-23-2008, 07:21 AM   · #29
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Great thread, and a big help to noobs like myself
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Old 05-23-2008, 10:38 AM   · #30
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Originally Posted by domenigo
I am new on this business and i got exited when i got this info by this company http://domainprocessing.awarecart.c...2&subid2=400114

i did not understanding everything what's all about it on this link ,it's like buy domain and sale later for profit ?i thing so ,but am not sure i thought it's kinda scheme quick rich guy make killing on ebay sallying stuff'' .Can somebody give me an advice as how he think about it.Many thanks D




Ignore stuff like that because if it sounds too good to be true, it normally is. Follow the guides and help files in "domain newbies" section here on namepros and see if that answers your questions. If not, please ask any questions you have and myself and others will try our best to answer them for you
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Old 05-26-2008, 04:50 PM   · #31
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Great guide!
Originally Posted by rhinoz

When I first started just those few months ago, I reg'd everything I
thought looked cool. Yes they looked cool, to me, not to anyone else



I think everyone has done that at the beginning (domainer or not) but the difference in losing a few $$$ or earning serious money is in learning what to do and how to do it, and that is why I really appreciate your guide and the main reason why I'm here.
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Old 05-31-2008, 07:41 AM   · #32
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Thumbs up

Quote:
If you treat this business as a quick $20 in your pocket every week, then guess what, thats all you'll have.



You hit the nail on the head

Very nice guide, a lot of common sense, but very straight up and true.. Knowing how to ask is an invaluable tool.

Well done rhinoz +rep
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Old 06-14-2008, 04:13 AM   · #33
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Excellent points.
Looking forward to seeing part 2.

And yes domenigo, I did not check what the link was all about ...but every domainer and/or "noob" should be aware of the schemes and scams targeting domain registrants. Take any unsolicited e-mail with a grain of salt;especially ones with:
a) Links for you to click on a link to see one thing or another
b) Urging you to get a domain appraisal,supposedly someone is interested in buying.

Not all are scams, but unless or until one is able to discern, it's probably best to just err on the side of caution.
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Old 06-14-2008, 04:28 AM   · #34
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Originally Posted by rhinoz
I wouldn't say that one particular niche is always hot. Right now from what I'm seeing is anything to do with Finance, refinance, loans (as you mentioned) BUT saying that, anyone can reg 20 domains with those words in them but they have to be understood by the "internet general public" as typed in traffic. So if you had (again, I apologize if I actually mention anyones domain out of context) RefinancedLoans.com and you had the choice between selling that or BlueGrassFinance.com, which one do you think would have a better chance? Common sense right? Use common sense terms when buying or fresh regging a domain.

If you want to know whats the hot topic of the year, watch the news, read the newspapers, see whats being said everyday, every broadcast and make your judgements from there. Again, it's up to you which way you swing with your domains but what I'm saying is just my opinion, always remember that



Finance related domains are the best domains to develop. Generally most of the top paying clicks come from this field from Real Estate/Loans/Stock Brokers/Banks.

If you can get a keyword rich domain in a top extension (COM/NET/ORG) that makes sense you are sitting on a gold mine if developed correctly.

Brad
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Old 06-15-2008, 08:41 AM   · #35
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Finance domains are pretty hot right now especially because of the economic climate BUT again, be careful in what you choose for a domain. Just because it makes sense to you, doesn't mean its going to make much sense to the end user. One other thing to remember is that even though a reseller might understand the domain or what your line of thinking on the domain is, the ultimate goal is to get the domain in the hands of the end user. Might sound like common sense, it is!!
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Old 06-18-2008, 08:15 AM   · #36
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very good thread, thanks man
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Old 06-18-2008, 05:29 PM   · #37
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I have been away from here too long, thanks for the info.
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Old 06-18-2008, 06:08 PM   · #38
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i had been into this two years ago..but was up with studies...so couldn continue...
great advice....
learnt a lot.....can you tell me if big domain names (.com) worthy?
like for example herbalifewarehouse.com??
what do you suggest?
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Old 06-20-2008, 05:16 AM   · #39
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Hi Rhinoz
Those are some great posts. Im a "noob" as well. However, I have a question for anyone that can answer. We all see these domain name appraisal tools on the web such as Estibot or Nameboy. Are either of these tools reliable? I have used both and the outcomes are COMPLETELY different. Neither places appraisals are even close to one anothers. I am still learning an awful lot and have sold 2 doamins via SEDO recently (neither of which I would have thought would ver sell) Funny how that works. Any advice is greatly appreciated !
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Old 06-20-2008, 07:05 AM   · #40
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With Estibot and Nameboy, I would take the actual value and ignore it, thats just me though. But what I would use is the number of searches, in title and frequency to determine the price, also the overture and wordtracker stats.

Price is also speculation on what someone else will pay. You may have a domain that you think is worth 50k but in reality is worth $50 and vice versa, but saying that, do your homework, research what similar names have sold for in the past, a history if you like and always remember, use your fellow domainers for a true value of a domain, or at least an average price.

Last edited by rhinoz : Today at 09:06 AM.
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Old 06-21-2008, 04:43 AM   · #41
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Ok, I have to stress this. In the last 2 weeks, I've had pm's, emails and instant messages from people AFTER they have read this thread plus other NOOB threads on this forum and they are still hand regging domains that just don't make sense. I'm not going to name any names because I wouldn't want to embarass them as we are all in this together to learn.

Had 2 people already within the last 2 days hand reg names that contain 6 words. C'Mon people, you say that you've learned alot but then you go and do that!

I'm not trying to be harsh BUT if you want to waste your money on such a hand reg, I'll set up a paypal account that you can just throw your unwanted money into. I guarantee that account would have $10,000 in 6 months or less!

Your domain portfolio is like a car lot, you hand pick what your want to add to your inventory, you polish, you market, you sell your inventory. Stop adding the 3 wheeled rust buckets to your inventory! All that does is make people think that all you have is just junk and your reputation as a great domainer goes downhill and people will be more likely to go to the next "car lot" to make their purchases!

The Moral of this post, "Get rid of your junkers", I know I am. Sure, I've got some, thats why I'm getting rid of them because I'd rather have a Cadillac dealership than a "Rhinoz Wrecks" dealership!

Am I making myself clear now?

Last edited by rhinoz : 06-21-2008 at 07:14 AM.
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Old 07-06-2008, 05:32 AM   · #42
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@ rhinoz Many thanks for your guide I found it really useful and hope to put to good use very soon, got a lot more reading to do but have bookmarked this thread for reference. Excellent read, here's wishing you good fortune with your picks.

Lewis
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Old 07-08-2008, 07:04 PM   · #43
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Some good words of wisdom. I'm sure they will help out many new people in the domain industry. Nice work.
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Old Today, 05:08 AM   · #44
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Here's 1 more tip that might surprise alot of noobs but not the seasoned domainers.

Do NOT price your domains at end user pricing on a domainers forum. Why? Easy, 99.9% of the people on these forums are wholesalers/resellers so why would they pay you retail for something and have no chance of reselling it?

Read the Marketplace section on any domainers forum and see not what the domains are listed at, but what they sell for.

Think smart, not greedy. If you think greedy towards a wholesaler, the only person you are doing an injustice to is YOU!!

Get it?
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