What am I doing wrong? Point me in the right direction - Page 2

dodo1 · 10-13-2008, 04:51 AM

First of all, one week of research isn't much. It will take you a much longer time to better understand the domain market, which domains can be sold and the prices that can be achieved.

I understand that you've been buying domains since September, so you probably have read and learned more since then, but you're still very new to this business. Don't be frustrated or give up if you still believe that you can make it. As said, it'll take you a lot longer to actually get deals done that will put you in a position to pay your bills. Domain investing is by no means a get-rich-quick scheme, although some people make it look like that.
????: NamePros.com http://www.namepros.com/domain-newbies/522651-what-am-i-doing-wrong-point.html

One advice I always give to new investors is not to spend too much money during the learning process. Set yourself a maximum monthly budget that you can afford to lose, don't forget to include the annual renewal fees in your calculations.

It's also good to have a concrete business model in mind as well as a specific time frame. For example, you should work towards making a profit by the end of the first year of doing this. Otherwise, it'll be hard to justify the renewal of your portfolio. At the beginning, you can't rely on the long-term value of your domains. You should try to build cash flow quickly, which you can then reinvest in your portfolio.

Regarding domain extensions, .COM is certainly the most valuable TLD, but that also means you must pay higher prices when acquiring them. Don't fall for the potentially high sales prices only, but also consider the costs of acquiring the domain. Sometimes it might be wiser to invest in less valuable domain extensions if you believe you can achieve a similar ROI. Make sure the domain's keyword is good and that it fits the extension.

Personally, I wouldn't experiment with new extensions at this time. Stick to .com, .net, .org and the country-code TLD of the country you reside in.

Good luck!

*Edit, something to add to my post above:

You wrote you were putting your domains up for sale at Afternic. Don't rely on one marketplace only but list your domains for sale at Sedo, too.

Then, consider where to point your domain names to. Parked.com might be a good parking service that is currently offering higher pay-per-clicks than other services, but in the beginning it is unlikely that your portfolio produces lots of traffic and revenue. Therefore, it might be better to forward the domains to a parking page at a marketplace such as Sedo, because it will help you receive more offers that could turn into a sale.

Again, I don't know your portfolio. However, most beginners don't own many traffic domains, hence, I think you should concentrate more on selling your domains instead of monetizing the presumably little type-in traffic they attract.

rvdsabu4life · 10-13-2008, 05:49 AM

Quote:

First of all, one week of research isn't much. It will take you a much longer time to better understand the domain market, which domains can be sold and the prices that can be achieved.

I understand that you've been buying domains since September, so you probably have read and learned more since then, but you're still very new to this business. Don't be frustrated or give up if you still believe that you can make it. As said, it'll take you a lot longer to actually get deals done that will put you in a position to pay your bills. Domain investing is by no means a get-rich-quick scheme, although some people make it look like that.

One advice I always give to new investors is not to spend too much money during the learning process. Set yourself a maximum monthly budget that you can afford to lose, don't forget to include the annual renewal fees in your calculations.

It's also good to have a concrete business model in mind as well as a specific time frame. For example, you should work towards making a profit by the end of the first year of doing this. Otherwise, it'll be hard to justify the renewal of your portfolio. At the beginning, you can't rely on the long-term value of your domains. You should try to build cash flow quickly, which you can then reinvest in your portfolio.

Regarding domain extensions, .COM is certainly the most valuable TLD, but that also means you must pay higher prices when acquiring them. Don't fall for the potentially high sales prices only, but also consider the costs of acquiring the domain. Sometimes it might be wiser to invest in less valuable domain extensions if you believe you can achieve a similar ROI. Make sure the domain's keyword is good and that it fits the extension.

Personally, I wouldn't experiment with new extensions at this time. Stick to .com, .net, .org and the country-code TLD of the country you reside in.

Good luck!

*Edit, something to add to my post above:

You wrote you were putting your domains up for sale at Afternic. Don't rely on one marketplace only but list your domains for sale at Sedo, too.

Then, consider where to point your domain names to. Parked.com might be a good parking service that is currently offering higher pay-per-clicks than other services, but in the beginning it is unlikely that your portfolio produces lots of traffic and revenue. Therefore, it might be better to forward the domains to a parking page at a marketplace such as Sedo, because it will help you receive more offers that could turn into a sale.
????: NamePros.com http://www.namepros.com/showthread.php?t=522651

Again, I don't know your portfolio. However, most beginners don't own many traffic domains, hence, I think you should concentrate more on selling your domains instead of monetizing the presumably little type-in traffic they attract.

All great advice! I really think I started out spending money on domains I thought were good but are actually garbage. I have since then become more cautious about what I buy. I am really doing more learning now then anything.

DDC_Cyn · 10-13-2008, 03:58 PM

Originally Posted by rvdsabu4life

????: NamePros.com http://www.namepros.com/showthread.php?t=522651
WillCast, the site is: http://rugbyfacts.com/

I developed the site with wordpress and phpbb.
For optimization I used meta tags and e-mailed other rugby sites to post mine.
I do use google webmastertools as well.
No social marketing or bookmarking....that is a nice idea though
I will keep adding as miuch content as I can to it.
The domain is not blacklisted. I did also check it on archive.

You only have three posts on here - so I'm not surprised you're not seeing much traffic. As someone else mentioned, flip the switch on your Wordpress to use the title URL's not the numbered ones.

If you paste this into Google: site:rugbyfacts.com you'll see what Google sees and it's not impressive. About, Hello World, Welcome - you need to use keywords in your titles. Play up the names of teams and team players - these are very specific and should help your SEO.

Now if you're trying to sell this as a developed site, there's nothing here to sell that some couldn't build themselves in less than an hour. It's not about money, it's about time. You need to spend a week end building this out with multiple pages, many more posts, images, a better design - that's something someone might buy.

CHILLY · 10-13-2008, 04:38 PM

It may not be that you are doing anything wrong really, just time and patience. I'm trying to learn, study, investigate or at least ponder very often.
One thing also is that for the past year there has been alot of scammers on the forums so people are generally leery about the new guy selling names. The economy is bad now also. Not a pro but here is a few things I see that may help.

About your site:

It's new, so it may take a little time for traffic. Put ORIGINAL content on it as that helps as well. You can check that via copyscape. Put your site in your signatures in the various forums you visit and those that are about the same subject matter also if you can. You can hire writers to make content unique to your site or rewrite content to make it unique.

Seek out sites that are similar and see if you can pay a little bit maybe $ 5-10 a month or less or more depending on the site's traffic & rank.

Monetize your site with adsense or yahoo ads even if it's just one small box if your going for a clean look. Also make a space for advertisers who may want to put their ad or link on your site for the same reason you may seek sites to advertise your site ect.. You can also put up some type of sports affiliate or an amazon ad to rugby books ect...

Get a nice rugby related logo or header ect... figure out what people who are into rugby want, games, tickets, books, clothing ect...
????: NamePros.com http://www.namepros.com/showthread.php?t=522651

I was looking at your moors I like that one and the extension, perhaps try putting domains in the make offer section and see what happens instead of starting off with an xxx or x,xxx fixed price.

Best Regards...

**Blake** · 10-14-2008, 12:48 AM

Originally Posted by mwzd

One of the toughest things to do in this business is to define what is and what is not a good domain.

Estibot is a great tool, but it has its shortcomings - read a nice debate on it here - http://www.namepros.com/domain-newbi...s-estibot.html

It took me 3 months to even start understanding what makes a domain name valuable. And I can speed read. While you might have a better grasp on things, it is really complex at times.

Buying is always easier. Have you been investing in the aftermarket or the primary (reg) market?

Also, read this, it might help -
http://www.mwzd.com/2006/12/04/what-...name-valuable/
http://www.mwzd.com/2008/05/30/insid...domain-seller/
http://www.mwzd.com/2008/09/26/the-t...in-investment/

I'll check it through for you -

This is generally advisable if you're selling primarily to domainers.

Do you ever consider:
1. Who would use this domain?
2. And for what purpose?

Also list at Sedo.

Which is actually the toughest section to sell in unless you have in demand names.

Do you tell them 'how' they would profit? Do a lot of them have a lot of traffic?

Don't. First understand why before getting into the how.

Again, a domain has to be desirable to the target audience to be desired.

Did you pay for a valuation or did you offer to sell it to them?

The only thing that 'works' in this business is you

????: NamePros.com http://www.namepros.com/showthread.php?t=522651

Join the club, everyone would but not everyone does.

Developing and domaining are actually two sides of the same coin, the more i research, the more apparent it gets.

If you're trying to sell productx then productx.com would be the best choice. Conversely, if you have productx.com it makes most sense to sell productx.

I'd recommend at least for three months - just read, don't buy anything, no matter how appealing it seems, if you need help, feel free to ask on NamePros, I got most of my learning here too

MWZD,

I'm putting in a vote for you to be NPMOTM as your answer was both truthful and respectful in nature.....your posts are always informative and helpful to others......great job ......always a pleasure

10-13-2008, 04:51 AM	#26 (permalink)
dodo1 NamePros Member Join Date: Nov 2003 Location: DE Posts: 159	First of all, one week of research isn't much. It will take you a much longer time to better understand the domain market, which domains can be sold and the prices that can be achieved. I understand that you've been buying domains since September, so you probably have read and learned more since then, but you're still very new to this business. Don't be frustrated or give up if you still believe that you can make it. As said, it'll take you a lot longer to actually get deals done that will put you in a position to pay your bills. Domain investing is by no means a get-rich-quick scheme, although some people make it look like that. ????: NamePros.com http://www.namepros.com/domain-newbies/522651-what-am-i-doing-wrong-point.html One advice I always give to new investors is not to spend too much money during the learning process. Set yourself a maximum monthly budget that you can afford to lose, don't forget to include the annual renewal fees in your calculations. It's also good to have a concrete business model in mind as well as a specific time frame. For example, you should work towards making a profit by the end of the first year of doing this. Otherwise, it'll be hard to justify the renewal of your portfolio. At the beginning, you can't rely on the long-term value of your domains. You should try to build cash flow quickly, which you can then reinvest in your portfolio. Regarding domain extensions, .COM is certainly the most valuable TLD, but that also means you must pay higher prices when acquiring them. Don't fall for the potentially high sales prices only, but also consider the costs of acquiring the domain. Sometimes it might be wiser to invest in less valuable domain extensions if you believe you can achieve a similar ROI. Make sure the domain's keyword is good and that it fits the extension. Personally, I wouldn't experiment with new extensions at this time. Stick to .com, .net, .org and the country-code TLD of the country you reside in. Good luck! Edit, something to add to my post above: You wrote you were putting your domains up for sale at Afternic. Don't rely on one marketplace only but list your domains for sale at Sedo, too. Then, consider where to point your domain names to. Parked.com might be a good parking service that is currently offering higher pay-per-clicks than other services, but in the beginning it is unlikely that your portfolio produces lots of traffic and revenue. Therefore, it might be better to forward the domains to a parking page at a marketplace such as Sedo, because it will help you receive more offers that could turn into a sale. Again, I don't know your portfolio. However, most beginners don't own many traffic domains, hence, I think you should concentrate more on selling your domains instead of monetizing the presumably little type-in traffic they attract. __________________ Domain Blog* \| Recommended Domain Registrars Last edited by dodo1; 10-13-2008 at 05:04 AM.

10-13-2008, 04:38 PM	#29 (permalink)
CHILLY NamePros Regular Join Date: Aug 2006 Location: New Jersey Posts: 595	It may not be that you are doing anything wrong really, just time and patience. I'm trying to learn, study, investigate or at least ponder very often. One thing also is that for the past year there has been alot of scammers on the forums so people are generally leery about the new guy selling names. The economy is bad now also. Not a pro but here is a few things I see that may help. About your site: It's new, so it may take a little time for traffic. Put ORIGINAL content on it as that helps as well. You can check that via copyscape. Put your site in your signatures in the various forums you visit and those that are about the same subject matter also if you can. You can hire writers to make content unique to your site or rewrite content to make it unique. Seek out sites that are similar and see if you can pay a little bit maybe $ 5-10 a month or less or more depending on the site's traffic & rank. Monetize your site with adsense or yahoo ads even if it's just one small box if your going for a clean look. Also make a space for advertisers who may want to put their ad or link on your site for the same reason you may seek sites to advertise your site ect.. You can also put up some type of sports affiliate or an amazon ad to rugby books ect... Get a nice rugby related logo or header ect... figure out what people who are into rugby want, games, tickets, books, clothing ect... ????: NamePros.com http://www.namepros.com/showthread.php?t=522651 I was looking at your moors I like that one and the extension, perhaps try putting domains in the make offer section and see what happens instead of starting off with an xxx or x,xxx fixed price. Best Regards... __________________ Travel Tourism Guide for Chichester, West Sussex UK

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