Wish Me Luck

G_C · Nov 25, 2005

Today is the big day.

Today, I will make my first serious attempt to make money off domaining by contact a number of companies which I hope might be interested in a domain I am trying to sell.

I must admit that the whole domaining thing definitely looks less glamorous when you realise that you might have to spend several hours finding prospective customers on the Internet. In fact, with every passing day, I am beginning to suspect that simply placing a domain on Sedo or auctioning it on the forums will more often than not resulting in wasted time and money, unless it is a premium name that you happen to have.

Google is my friend, and Whois will stand by my side in this struggle as I attempt to recover at least some of the money that I have invested into registering domains and buying access to certain forums. As I already told my boss before leaving the office today, if I don't come in on Monday, that's because I became a millionaire over the weekend and therefore have no reason to work.

Of course, I will not make millions, but, to be honest, I would probably be ecstatic if someone offered low xxx for this domain.

Wish me luck in my first proper domaining enterprise!

Sincerely,
George

G_C · Nov 27, 2005

ammo said:
Good luck finding a buyer, hope you do well! what domain is it, if you dont mind saying.

PM sent.

Cheyne · Nov 27, 2005

Good luck and keep us posted on your progress!

muchacho · Nov 27, 2005

Good Luck G_C :tu:

vip-ip · Nov 27, 2005

Keep us updated on your status :tu:

Dresdan · Nov 28, 2005

I'm also new here and anxious to learn about all this, I add my support to you and your endeavor and hope you are successful. I'm curious to see your marketing approach to this.

JMJ · Nov 28, 2005

Goodluck but don't be surprised if you haven't heard anything. Remember it's the holidays. Give it until the later part of the week.

dongan · Nov 28, 2005

Good luck with your sales.

DOMiNIC · Nov 29, 2005

Good Luck - Don't Give Up.

It will take more than one afternoons work to get a sale.

In fact I spent several weeks just experimenting on the format of my sales letter, but as with anything, if you have faith and persevere you will have success eventually.

G_C · Nov 29, 2005

Well, some of you have asked for progress reports, so here it goes - I haven't had any sales yet. In fact, no one has even replied to any of my e-mails, although I'm quite sure most of them have gotten past the spam filter.

Well, as some great person (who weren't great enough to be remembered, obviously) said, "If at first you don't succeed, try again."

Either I'm not giving it enough time (I sent the emails out on Saturday/Sunday this weekend, so it's only been two working days now), or my letter template is not correct, or I'm targetting the wrong group of people. Either way, time to sit down and analyse just what I'm doing wrong here and see if I can set things right.

In the meantime, thanks for your support and encouragement, it is really appreciated!

wildbest · Nov 29, 2005

Certainly, I wish you good luck, but I think you will be disappointed in your expectations. This is not the way to go! If somebody is interested in your domains they will contact you asking for your price not vice versa. This is the way 99% of the domain sales are done! Try to collect only quality domains with proven good traffic. Check the traffic by parking them at SEDO (for example) under your own account at least for 3 months! Instead of registering/purchasing too much of a number try to develop website(s) with good decent content. WHATEVER this content might be it should be something you really understand much better than the average person. Constantly update that content with fresh ideas. When you start getting more than 150-200 unique visits per day from search engines, you should know that you have succeeded. From that point on you can start earning money by selling your own services/products or by promoting/advertising third party offers.

Gene · Nov 29, 2005

Good luck! Keep in mind that it is very rare to be able to sell a domain at first offer. A company will buy a domain when it is the right time for them to do so -- not necessarily when one is presented to them. Companies usually buy a domain when they are actively looking for one and actively in NEED of one. A domain is not an item that most companies will buy just because they like it. A domain is purchased when the need arises. Therefore, sending one email will not get you results unless you are very, very lucky to have perfect timing. It will usually take many, many mailings over many months before one of the companies on your list suddenly realizes they could benefit by purchasing your name. Hang in there, and keep putting your domain in front of your prospective customers consistently and persistently over a long period of time. If you have a domain worth buying, you'll sell it.

redz · Nov 29, 2005

good luck man, i hope you are sucessful, keep us posted.

DOMiNIC · Nov 29, 2005

wildbest said:
Certainly, I wish you good luck, but I think you will be disappointed in your expectations. This is not the way to go! If somebody is interested in your domains they will contact you asking for your price not vice versa. This is the way 99% of the domain sales are done!

Have to disagree. All my sales are achieved this way. It takes some work and more than just a few emails. I send my Emails to the addresses in the whois registry and any addresses on the site I am contacting. I always mark the correspondance 'For The Personal Attention Of... Private & Confidential' and always make it look like a polite letter than a piece of spam.

Sure people will come to you with a 'great domain', but the average new domainer does not have great domains so EFFORT is required.

wildbest · Nov 30, 2005

DOMiNIC said:
...Have to disagree. All my sales are achieved this way...

Good for you! Obviously, you are among the 1% exception of the 99% rule I have mentioned above.

john_karr · Dec 6, 2005

G_C said:
Heya,

As I'm quite new to the domaining scene myself, I simply informed them that the domains are available for sale. While I do not have a particular price range in mind, I would be very happy to hear from them just how much these domains would be worth to them. Finally, I informed them that similar offers are being extended to other organisations operating in this field.

If I have any success with this operation (I've sent out about 50 emails already), I'll be sure to post my letter template in the Marketing section.

Regards,
George

How do you find potential people or companies to sell too? If you dont mind me asking

G_C · Dec 6, 2005

john_karr said:
How do you find potential people or companies to sell too? If you dont mind me asking

Google and WhoIS, mainly. Check out this thread for an excellent guide to finding end buyers.

As a quick update, none of my domains have sold, most people didn't bother replying, a few said they aren't interested in .net domains. So, basically, I'm back to square one and resorting to dealing with resellers while I contemplate my next strategy.

Already sold my first ever domain for a whooping total of $15. I am rich.

Sincerely,
George

iqeez · Dec 17, 2005

Stay Focused

We all need to stick with the vision. Be encourage.

Rainbow · Dec 17, 2005

Goodluck! I know you can do it!

atf2190 · Dec 17, 2005

Good luck. I am new to this and wish you success. I look forward to hearing your results.

G_C · Dec 17, 2005

Well, so far, I haven't had much success, but I did get an interesting response from a guy thanking me for my offer and then telling me that as his domain isn't earning enough money, he can't afford to buy another one. Then he proceeded to offer me to become his broker and promised to give me 30% if I sell some of his domains!

Kind of ironic, as I just posted a thread in this forum on how I can't sell a domain to save my life...

Wish Me Luck

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