Is domain reselling profitable for you?

***armstrong*** · 11-12-2003, 04:16 AM

Simple poll, really. This will give us an idea of the current state of domain speculation. The options are:

- Yes, I've made more than I've spent in domains.
- No, I've spent more than I've made in domains.

Appreciate your input!

redhippo · 11-12-2003, 04:33 AM

just startin.....more$$$$ out flow than IN

***armstrong*** · 11-12-2003, 04:37 AM

By definition, newbies are mostly on the losing end.

This should be balanced by all the folks in this forum who have been doing this for a while. Hopefully, they are profitable, and we'll see a nice, even 50/50 split between the profitable/not-profitable. Otherwise, the results could be scary.

Tippy · 11-12-2003, 04:51 AM

I believe I'm in the profit zone, certainly made back what I've spent with a little extra $ for myself.

NickRac · 11-12-2003, 05:35 AM

I'm a little in a loss mainly becuase I aquired a few domains I've wanted, not becuase of lack of sales.

:-)

***armstrong*** · 11-12-2003, 05:51 AM

We'll keep situations like these in mind when evaluating the results, but for now you should be in the loss category. Otherwise we'll have most everyone being undecided.

Myself, I've invested a nice sum in my domains, some at mint prices (check my sig). But I'm in the loss category because as of now I've spent more than I've sold.

4u-domains · 11-12-2003, 06:16 AM

I only started in June , this year, so my outlay so far is at least 5 times the $$$ I've brought in...

Early days though...

I console myself in the knowlegde that I am in it for the long run and that I only really need to sell just ONE of my 'decent' names at an end user price to cover all the outlay in ONE hit !

Until then , its just a matter of time... I hope.

Its a funny old game this. Great fun and the potential to make good money on the side is a superb motivator.

You could work your nads off selling PCs for a 10 pct profit margin or sell a $8.75 name for $275 , as I did recently..
Thats a margin youre not going to find in many industries...
????: NamePros.com http://www.namepros.com/domain-name-discussion/10648-is-domain-reselling-profitable-for-you.html

I'd be interested to know how many domainers here actually do it as a full time day job.. Now , that is a lot scarier !

My parting words to newbies is to be patient, still buy quality names and the money WILL roll in !

Tippy · 11-12-2003, 06:37 AM

I'm kinda doing it full time but only really push sales for about 1 week a month, the rest of the time I wait for people to contact me about buying my domains.

Sold 3 names the other day for a total of $650.00 , my end profit was $590.00 not bad for a days work just wish it would happen more often...

4u-domains · 11-12-2003, 06:56 AM

Fantastic... I do like hearing those sorts of stories..

I'd be interested to see a couple of related polls on this..

1. The ratio of those who do it part-time/full-time/in-retirement, etc
2. The biggest percentage profits made on a domainers name sale.

jj2ii3344 · 11-12-2003, 07:02 AM

I am doing domain reselling on a part time basis along with my university education and I am making some profit for myself. ^^

Jeff · 11-12-2003, 07:11 AM

Yes, I've made more than I've spent in domains.

Caveat ... this is since 1999, mind you.
Thanks for the cool thread/poll!

pelican · 11-12-2003, 07:24 AM

i am part time.
currently mainly searching for traffic domains.
Have not cover my cost yet because i keep on buying domains

Trying to learn how to successfully market domains.

4u-domains · 11-12-2003, 07:33 AM

Quote:

Have not cover my cost yet because i keep on buying domains

This is a major flaw in my domain profit strategy...
????: NamePros.com http://www.namepros.com/showthread.php?t=10648

I cannot seem to stop buying or bidding on just about every name I like....

Its so very addictive.

Tippy · 11-12-2003, 08:13 AM

Same here 4U, I dont think you have a choice if you want to stay in the game, got to keep going after the goodies while we can.

4u-domains · 11-12-2003, 08:23 AM

Well, about once a week , I say to myself -
'right, thats it, I'm not buying any more names. I will sell the ones I have'...

Before I know it , my hand becomes possessed and I cannot help but peruse the deleting domains lists...

Next thing I know... I've gone and bid on half a dozen names.

jj2ii3344 · 11-12-2003, 12:07 PM

Hahaha, I am the same with you 4u-domains!

alltlds · 11-12-2003, 06:53 PM

definitely part time for now but I think that I have broke even so far if not made a small profit. You guys are right though. It is so very addicting Especially once yo do sell one for 400-500% profit

Coastalguy · 11-12-2003, 07:10 PM

NOPE!

But I'm close to the break-even point.

The best is yet to come (I've been saying that for years!)
ST

cerebus · 11-12-2003, 07:51 PM

I'm a small player, part-time, who don't buy anything expensive and almost always buy to develop. As I then would have to count in income from sponsors on sites, i'm not close to a loser

***armstrong*** · 11-12-2003, 08:22 PM

Quote:

Originally posted by cerebus
I'm a small player, part-time, who don't buy anything expensive and almost always buy to develop. As I then would have to count in income from sponsors on sites, i'm not close to a loser

This is a different situation. The websites in my sig are all profitable. If you count revenue generated by these, then I'll be out there in the positive scale.
????: NamePros.com http://www.namepros.com/showthread.php?t=10648

But I think most domaineers expect to make money buying and selling pure domain names with minimal (if any) development, and quite likely zero revenue. This is the type of activity I would like to measure in this poll.

cerebus · 11-12-2003, 08:50 PM

Not counting that activity my guess is that I'm still profitable, even though in much smaller figures as I don't 'play that game' much at all.

Elefekt · 11-12-2003, 09:37 PM

Im profitable by double. I am a newbie too, well technically though I think I am a average player by now.

Chris_C · 11-12-2003, 09:55 PM

Interesting thread (:

DavidH · 11-13-2003, 12:11 AM

Part time and definitely profitable.

Totally addicted to getting new names but managing at present to sell enough wholesale to cover all the registration fees, with some nice recent retail sales to help pay bills and reinvest in, hopefully, some better quality names.

Isnt it nice when a hobby pays for itself and a little more?

DavidH

DomainOgre · 11-13-2003, 01:25 AM

Nearly broke me when I first started because I did not go to forums, got hit by a scam or two, and I paid too much ($35) for each domain at Network Solutions.

However, I turned it around once I started actually learning the business and I am now solidly in the black with a few assets to fall back on

.

11-12-2003, 04:16 AM	THREAD STARTER #1 (permalink)
*armstrong* Man from Manila Join Date: Jul 2003 Location: The Net Posts: 6,022	Is domain reselling profitable for you? Simple poll, really. This will give us an idea of the current state of domain speculation. The options are: - Yes, I've made more than I've spent in domains. - No, I've spent more than I've made in domains. Appreciate your input! __________________ Apollo's excellent 3-letter .BIZ auction; $1 starting bid!

11-12-2003, 04:33 AM	#2 (permalink)
redhippo NamePros Expert Join Date: Oct 2003 Location: ANForum Posts: 5,218	just startin.....more$$$$ out flow than IN __________________ \|www.vb-skins.com\|- Quality Premade Vbulletin skins for Your VB forum makeover \|www.Banjir.com\|-Free image hosting?[B]For Sale!\|AlphaScripts\|Money Generating Scripts FREE VB Skins

11-12-2003, 04:37 AM	THREAD STARTER #3 (permalink)
*armstrong* Man from Manila Join Date: Jul 2003 Location: The Net Posts: 6,022	By definition, newbies are mostly on the losing end. This should be balanced by all the folks in this forum who have been doing this for a while. Hopefully, they are profitable, and we'll see a nice, even 50/50 split between the profitable/not-profitable. Otherwise, the results could be scary. __________________ Apollo's excellent 3-letter .BIZ auction; $1 starting bid!

11-12-2003, 05:51 AM	THREAD STARTER #6 (permalink)
*armstrong* Man from Manila Join Date: Jul 2003 Location: The Net Posts: 6,022	We'll keep situations like these in mind when evaluating the results, but for now you should be in the loss category. Otherwise we'll have most everyone being undecided. Myself, I've invested a nice sum in my domains, some at mint prices (check my sig). But I'm in the loss category because as of now I've spent more than I've sold. __________________ Apollo's excellent 3-letter .BIZ auction; $1 starting bid!

11-12-2003, 06:16 AM	#7 (permalink)
4u-domains NamePros Regular Join Date: Sep 2003 Location: The Big Apple Posts: 864	I only started in June , this year, so my outlay so far is at least 5 times the $$$ I've brought in... Early days though... I console myself in the knowlegde that I am in it for the long run and that I only really need to sell just ONE of my 'decent' names at an end user price to cover all the outlay in ONE hit ! Until then , its just a matter of time... I hope. Its a funny old game this. Great fun and the potential to make good money on the side is a superb motivator. You could work your nads off selling PCs for a 10 pct profit margin or sell a $8.75 name for $275 , as I did recently.. Thats a margin youre not going to find in many industries... ????: NamePros.com http://www.namepros.com/domain-name-discussion/10648-is-domain-reselling-profitable-for-you.html I'd be interested to know how many domainers here actually do it as a full time day job.. Now , that is a lot scarier ! My parting words to newbies is to be patient, still buy quality names and the money WILL roll in ! __________________ SEO LatestNews.com - For Sale CarSecurity.org - Low $xxx - PM me.

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View Poll Results: Is domain reselling profitable for you?
Yes, I've made more than I've spent in domains.	12	54.55%
No, I've spent more than I've made in domains.	10	45.45%
Voters: 22. You may not vote on this poll

11-12-2003, 04:51 AM	#4 (permalink)
Tippy NamePros Expert Join Date: May 2003 Location: Montreal Posts: 7,099	I believe I'm in the profit zone, certainly made back what I've spent with a little extra $ for myself.

11-12-2003, 05:35 AM	#5 (permalink)
NickRac Yes, I am THAT good. Join Date: Sep 2003 Location: Greenwich, CT Posts: 1,428	I'm a little in a loss mainly becuase I aquired a few domains I've wanted, not becuase of lack of sales. :-)

11-12-2003, 06:37 AM	#8 (permalink)
Tippy NamePros Expert Join Date: May 2003 Location: Montreal Posts: 7,099	I'm kinda doing it full time but only really push sales for about 1 week a month, the rest of the time I wait for people to contact me about buying my domains. Sold 3 names the other day for a total of $650.00 , my end profit was $590.00 not bad for a days work just wish it would happen more often...

11-12-2003, 06:56 AM	#9 (permalink)
4u-domains NamePros Regular Join Date: Sep 2003 Location: The Big Apple Posts: 864	Fantastic... I do like hearing those sorts of stories.. I'd be interested to see a couple of related polls on this.. 1. The ratio of those who do it part-time/full-time/in-retirement, etc 2. The biggest percentage profits made on a domainers name sale. __________________ SEO LatestNews.com - For Sale CarSecurity.org - Low $xxx - PM me.

11-12-2003, 07:02 AM	#10 (permalink)
jj2ii3344 Senior Member Join Date: Jun 2003 Location: Markham, Ontario, Canada Posts: 3,370	I am doing domain reselling on a part time basis along with my university education and I am making some profit for myself. ^^ __________________ www.canonlens.ws Updated daily - Get Canon lens reviews and good deals on new/used Canon lens from CanonLens.ws![/SIZE]

11-12-2003, 07:11 AM	#11 (permalink)
Jeff Emeritus Join Date: May 2003 Location: Winter Break© Posts: 29,508	Yes, I've made more than I've spent in domains. Caveat ... this is since 1999, mind you. Thanks for the cool thread/poll! __________________ Be cool. Be polite. Be professional.™

11-12-2003, 07:24 AM	#12 (permalink)
pelican NamePros Regular Join Date: Aug 2003 Location: NeonHQ.com Posts: 939	i am part time. currently mainly searching for traffic domains. Have not cover my cost yet because i keep on buying domains Trying to learn how to successfully market domains. __________________ NeonHQ, Your Friendly and Affordable Webhosting Provider www.NeonHQ.com InfoHQ@NeonHQ.com Look at some of the domains we sell www.NeonHQ.com/domainlist.php

11-12-2003, 08:13 AM	#14 (permalink)
Tippy NamePros Expert Join Date: May 2003 Location: Montreal Posts: 7,099	Same here 4U, I dont think you have a choice if you want to stay in the game, got to keep going after the goodies while we can.

11-12-2003, 08:23 AM	#15 (permalink)
4u-domains NamePros Regular Join Date: Sep 2003 Location: The Big Apple Posts: 864	Well, about once a week , I say to myself - 'right, thats it, I'm not buying any more names. I will sell the ones I have'... Before I know it , my hand becomes possessed and I cannot help but peruse the deleting domains lists... Next thing I know... I've gone and bid on half a dozen names. __________________ SEO LatestNews.com - For Sale CarSecurity.org - Low $xxx - PM me.

11-12-2003, 12:07 PM	#16 (permalink)
jj2ii3344 Senior Member Join Date: Jun 2003 Location: Markham, Ontario, Canada Posts: 3,370	Hahaha, I am the same with you 4u-domains! __________________ www.canonlens.ws Updated daily - Get Canon lens reviews and good deals on new/used Canon lens from CanonLens.ws![/SIZE]

11-12-2003, 06:53 PM	#17 (permalink)
alltlds NamePros Member Join Date: Oct 2003 Location: Florida Posts: 53	definitely part time for now but I think that I have broke even so far if not made a small profit. You guys are right though. It is so very addicting Especially once yo do sell one for 400-500% profit __________________ Elvis is everywhere!

11-12-2003, 07:10 PM	#18 (permalink)
Coastalguy NamePros Expert Join Date: Aug 2003 Location: Great White North Posts: 6,978	NOPE! But I'm close to the break-even point. The best is yet to come (I've been saying that for years!) ST __________________ FOR SALE: MLSHomes.org/MLSRealEstate.tv/VWTH.com

11-12-2003, 07:51 PM	#19 (permalink)
cerebus NamePros Regular Join Date: Oct 2003 Location: Sweden Posts: 395	I'm a small player, part-time, who don't buy anything expensive and almost always buy to develop. As I then would have to count in income from sponsors on sites, i'm not close to a loser

11-12-2003, 08:50 PM	#21 (permalink)
cerebus NamePros Regular Join Date: Oct 2003 Location: Sweden Posts: 395	Not counting that activity my guess is that I'm still profitable, even though in much smaller figures as I don't 'play that game' much at all.

11-12-2003, 09:37 PM	#22 (permalink)
Elefekt Senior Member Join Date: Oct 2003 Location: Hawaii Posts: 3,529	Im profitable by double. I am a newbie too, well technically though I think I am a average player by now. __________________ Standards Voice - Coming soon...

11-12-2003, 09:55 PM	#23 (permalink)
Chris_C NamePros Regular Join Date: Aug 2003 Location: Edmonton, Canada Posts: 305	Interesting thread (: __________________ "There was a time when a fool and his money were soon parted, now it happens to everyone." -JM Keynes

11-13-2003, 12:11 AM	#24 (permalink)
DavidH Senior Member Join Date: Aug 2003 Location: Durham, UK Posts: 1,126	Part time and definitely profitable. Totally addicted to getting new names but managing at present to sell enough wholesale to cover all the registration fees, with some nice recent retail sales to help pay bills and reinvest in, hopefully, some better quality names. Isnt it nice when a hobby pays for itself and a little more? DavidH __________________ www.WildcatDomains.com

11-13-2003, 01:25 AM	#25 (permalink)
DomainOgre Senior Member Join Date: May 2003 Posts: 1,833	Nearly broke me when I first started because I did not go to forums, got hit by a scam or two, and I paid too much ($35) for each domain at Network Solutions. However, I turned it around once I started actually learning the business and I am now solidly in the black with a few assets to fall back on. __________________ GiantNames.com - Domain Names Above The Rest! Last edited by DomainOgre; 11-13-2003 at 01:29 AM.

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