Only the Wealthier Domainers Go Far

dezinerite · 04-27-2008, 04:45 PM

I've come to the conclusion that the popular saying: "you need to spend money in order to make money" plays a huge factor in the domaining business - especially now, that most of the great names have been taken years ago.

So it seems that only the wealthier domainers who can afford the premium domains or a pack load of short urls (LLL.com/LLLL.com) will profit big in this industry. Is this a fact?

cache · 04-27-2008, 05:03 PM

it is not about money, it is about taking the risk. Reg fee is really very small compare to any other business operating expenses.

Mark · 04-27-2008, 05:16 PM

Thats when you need to lean toward Development a little more

You can literally use most any domain and build a profitable website ... (Of course I still suggest doing so on .com if possible) - But it doesn't have to be very short - It doesn't even have to be keyword rich ... As cache mentioned ^ You don't need to start out with purchased premium domains either , Many folks do well enough off of Hand registered domains still.
If you don't have or want to risk the funds to jump in feet first in Domaining, Pick a subject you like and start building a website. Do the domain thing on the side.

kemjika11 · 04-27-2008, 05:25 PM

Originally Posted by dezinerite

I've come to the conclusion that the popular saying: "you need to spend money in order to make money" plays a huge factor in the domaining business - especially now, that most of the great names have been taken years ago.
????: NamePros.com http://www.namepros.com/domain-name-discussion/462740-only-the-wealthier-domainers-go-far.html

So it seems that only the wealthier domainers who can afford the premium domains or a pack load of short urls (LLL.com/LLLL.com) will profit big in this industry. Is this a fact?

Most of the great names were taken years ago? Well why do we have stories(from NP too) of people selling fresh regged names for $300, $1000 etc? We're all spending money, so we're all following your first quote. You do have a point about the quality of names though. many great names are already on lock down and owned by select few, but its just like ivy league colleges in US!- Owning or having access to super "quality" doesn't stop other regulars from shining too

. You might get a degree from harvard or MIT, but there are so many more other "average" people out there who will still gain alot from going to their regular colleges. When do you think greenjobs.com was regged? How hot do you think it would be on the domain aftermarket if it was for sale?.....i bet its worth a good chunk now. Owning LLL.coms and premium names to me makes your domaining less risky, since you could easily sell and create liquid cash, BUT,the web is so huge and the domain industry really breaks all boundaries and stereotypes. Look at how many NP members there are

- it points to the fact that quite alot of people have gained something worthy from this "squeezed" out market as you imply. i think there's still opportunity in it, but remember to go for quality and play smart.

equity78 · 04-27-2008, 05:59 PM

Excellent post Mark, and the whole thing IMO is why are you into this ? What is your plan ? If you have no money and it is to become rich off the buying and selling and parking of domains I agree that the chances are slim.

Building a website and running it is a business, not domaining. If you take Ipitcher.com and make it into a successful baseball site that you eventually sell for $50,000, the domain Ipitcher.com was not worth $50,000 it was the business built on the Ipitcher.com domain that was the value. You need to have a gameplan going in and stick to the plan. Do not get caught up regging domains you have no understanding of.
????: NamePros.com http://www.namepros.com/showthread.php?t=462740

Stick to what you know and stick to your budget too. You should be fine if you can do that. Again IMO

The Stealthy One · 04-27-2008, 06:37 PM

Originally Posted by dezinerite

I've come to the conclusion that the popular saying: "you need to spend money in order to make money" plays a huge factor in the domaining business - especially now, that most of the great names have been taken years ago.
????: NamePros.com http://www.namepros.com/showthread.php?t=462740

So it seems that only the wealthier domainers who can afford the premium domains or a pack load of short urls (LLL.com/LLLL.com) will profit big in this industry. Is this a fact?

No, you just must innovate and be creative. Sure, if you have a lot of money, you can do very well. But that is not the only way to do well.

RogueWriter · 04-27-2008, 06:52 PM

Originally Posted by equity78

Do not get caught up regging domains you have no understanding of.

Should be Rule #1 in the beginner's guide, and frankly, coulda put that rule to good use 200 domains ago.

-REECE- · 04-27-2008, 08:08 PM

New domainers generally want a "get rich quick" scheme (I refer to this as DN Journal Hypomanic Disorder). There never has been one folks.

Most top generics were regged pre-97. You can look at these guys as super lucky to get such a good name for cheap. I prefer to look at them as having amazing determination to renew these domains for 10+ Years. That's not luck. They could have sold it all these years and chose to hold it until now. Some of the domains regged in the late 80s were near-worthless for an entire decade. Do you have it in you to renew your "worthless" domain for 10 years?

Imo, most of the people here wouldn't be all that much better off even if they had gotten into domaining in 1988 instead of 2008. Who wouldn't cave in to a $10,000 offer from CNET for your TV.com way back in the early-mid 90s before any of your friend even knew what an Internet was? You needed more than luck, you needed more than access to the information -- You needed vision.

Nothing's changed... Many domainers walked away with $10-$100k profit from very small investments in LLLL.coms pre-buyout. Vision. That was November 2007, not all that long ago... There will be more opportunities, there always are and always have been. Hindsight's always 20/20 -- it takes real balls to put your hard earned greenbacks on a hunch, but that's what you're going to need to do to hit it big nowadays.

Is it harder nowadays? Imho, no (coming from someone who's been around for "awhile"). It's never been easier to learn about domaining, there's never been so many domain auctions, conferences, blogs, magazines, press coverage,... Back when I started, there wasn't a Namepros and most people surfed the net with Yahoo, AltaVista, and Webcrawler

And you know what? I made more this year (already) than I ever made back then...

If you make a sound investment in domain names today and hold it for 15 years, you'll most likely make out very well for yourself. With risk comes reward... There isn't as much risk involved in buying an LLL.com today as there was in 2004 when I watched them on eBay go for a nickel on the dollar (this actually isn't a metaphor!).

Past gains have been phenomenal... But since the Bust, it's largely been a compounding effect. LLL.coms didn't go from $500 to $10,000 overnight -- they slowly went higher month by month, year by year. I was certain in '04 that paying $500 for QXZ-LLL.coms was insane! Vision. I didn't see it then -- I see it now.

My advice: Read, read, read. Learn as much as you can about this industry. Whether you choose to develop, handreg, or purchase aftermarket domains, pick a niche and stick to it. Nobody can possibly be an expert in all areas of domaining, so pick a niche and become an expert in that niche.

I was doing some WM work for a library a few years back which had the following inspirational poem on the wall:
????: NamePros.com http://www.namepros.com/showthread.php?t=462740

The more you read, the more you know.
The more you know, the smarter you grow.
The smarter you grow, the stronger your voice,
When speaking your mind or making your choice. (author: Jim Trelease)

I couldn't agree more. Those are words to live by and certainly reflect my domaining journey...

Slow and steady wins the race. It might "take money to make money", but saying "I can't", "I came too late", "It's too hard", ad infinitum certainly isn't doing anything but creating a negative environment that promotes and encourages failure.

Red Rock · 04-27-2008, 08:17 PM

Damn Reece,
Another Incredible Post!

Thats it!
Thx

kemjika11 · 04-27-2008, 09:05 PM

ha ha, i have to agree with you Red Rock

There are just a good number of justifiable reasons for domaining, and thats why its an "industry" in its own right. JMHO.....

Michael · 04-27-2008, 10:11 PM

Originally Posted by Reece

New domainers generally want a "get rich quick" scheme (I refer to this as DN Journal Hypomanic Disorder). There never has been one folks.

Most top generics were regged pre-97. You can look at these guys as super lucky to get such a good name for cheap. I prefer to look at them as having amazing determination to renew these domains for 10+ Years. That's not luck. They could have sold it all these years and chose to hold it until now. Some of the domains regged in the late 80s were near-worthless for an entire decade. Do you have it in you to renew your "worthless" domain for 10 years?

Imo, most of the people here wouldn't be all that much better off even if they had gotten into domaining in 1988 instead of 2008. Who wouldn't cave in to a $10,000 offer from CNET for your TV.com way back in the early-mid 90s before any of your friend even knew what an Internet was? You needed more than luck, you needed more than access to the information -- You needed vision.
????: NamePros.com http://www.namepros.com/showthread.php?t=462740
????: NamePros.com http://www.namepros.com/showthread.php?t=462740

Nothing's changed... Many domainers walked away with $10-$100k profit from very small investments in LLLL.coms pre-buyout. Vision. That was November 2007, not all that long ago... There will be more opportunities, there always are and always have been. Hindsight's always 20/20 -- it takes real balls to put your hard earned greenbacks on a hunch, but that's what you're going to need to do to hit it big nowadays.

Is it harder nowadays? Imho, no (coming from someone who's been around for "awhile"). It's never been easier to learn about domaining, there's never been so many domain auctions, conferences, blogs, magazines, press coverage,... Back when I started, there wasn't a Namepros and most people surfed the net with Yahoo, AltaVista, and Webcrawler

And you know what? I made more this year (already) than I ever made back then...

If you make a sound investment in domain names today and hold it for 15 years, you'll most likely make out very well for yourself. With risk comes reward... There isn't as much risk involved in buying an LLL.com today as there was in 2004 when I watched them on eBay go for a nickel on the dollar (this actually isn't a metaphor!).

Past gains have been phenomenal... But since the Bust, it's largely been a compounding effect. LLL.coms didn't go from $500 to $10,000 overnight -- they slowly went higher month by month, year by year. I was certain in '04 that paying $500 for QXZ-LLL.coms was insane! Vision. I didn't see it then -- I see it now.

My advice: Read, read, read. Learn as much as you can about this industry. Whether you choose to develop, handreg, or purchase aftermarket domains, pick a niche and stick to it. Nobody can possibly be an expert in all areas of domaining, so pick a niche and become an expert in that niche.

I was doing some WM work for a library a few years back which had the following inspirational poem on the wall:

The more you read, the more you know.
The more you know, the smarter you grow.
The smarter you grow, the stronger your voice,
When speaking your mind or making your choice. (author: Jim Trelease)

I couldn't agree more. Those are words to live by and certainly reflect my domaining journey...

Slow and steady wins the race. It might "take money to make money", but saying "I can't", "I came too late", "It's too hard", ad infinitum certainly isn't doing anything but creating a negative environment that promotes and encourages failure.

Perfectly said as usual, great post Reece.

jkennedy · 04-27-2008, 10:18 PM

If any of us have vision it's definitely Reese!
I don't think anyone could have put it better than that post.

copper · 04-27-2008, 11:56 PM

Another great post by Reece

Let's compare then and now.

THEN:
1. You must register for minimum of 2 years, no choice.
2. You pay slightly under $50/2 years if my memory still serves me and no such thing as refund.
3. No place to learn about domaining.
4. Know how was big secret. It was all trial/error/learn method.
5. You rarely find buyers willing to pay more than $50.
They usually say "why pay more when I can register something similar myself" and they were right since they actually could unlike today.
6. If you decide to start a web site - You need to pay top $ for crappy web site unless you know how to write html codes in notepad.

NOW:
1. You can register for 1 year.
2. You pay less than $8/year and can get refund if you wish.
????: NamePros.com http://www.namepros.com/showthread.php?t=462740
3. Many places to learn about domaining.
4. You meet many nice people who will teach you many know how.
5. From my experiences, average enduser sales are about $500 to $1K currently.
Buyer can not find available domain names that actually make sense any more.
6. If you decide to start a web site - There are many places that shows you how to create web site. No money? No problem. There are many free scripts and free nice looking templates.

Plus, new niche markets are being created everyday.
Just pay attention to what's happening around you.
New opportunities are being created everyday for you to take.

For example, before there was 2G (GSM) and then 3G (UMTS).
Now, 4G is coming

There will be thousands of new valuable domains that you can
register for every new things such as new technologies, new
way of living, new trends...

It's good to have money, but, it's not everything.

1. You have lots of money, but, know nothing about domains.
2. You have little money, but, you know almost everything about domains.
3. You have lots of money and know everything about domains.

Which one are you?
Great if you are #3, but, if not, I rather be #2 than #1 because
#1 will soon lose "lots of money" in domaining.

GF · 04-28-2008, 12:05 AM

It takes $7 to buy a domain name that can earn you parking revenues or a resale price.

It's a hell of a lot easier to invest in a domain than it is to make a lot of other investments.

There are huge opportunities long-term.

PS: Reece said it perfectly!

accent · 04-28-2008, 01:22 AM

Knowledge will get you through domaining with little money better than

money will get you through domaining with little knowledge

--- With profuse apologies to the Furry Freak Brothers

gwkg · 04-28-2008, 02:00 AM

A smart domainer with little money can become weathy if he learns how to play the game.

wot · 04-28-2008, 02:55 AM

For newbs if you really want to get in to a new exciting and potentially huge market then I have no doubt that IDN's are going to be one of the best bets in the future of
domaining.

English has been the language of the internet simply because there was no other option. IDN's, ie7,IE8 is changing all of that.

The normal response to IDN is I do not understand how they work and I don't know how to buy/translate etc - guess what, nor did I, and nor did the small but growing band of others who have delved in to this fascinating area of our business - you learn-simple as that. It's up to you.
????: NamePros.com http://www.namepros.com/showthread.php?t=462740

I still retain an ascii portfolio that is 5 times the number of names that I have in idn format. The vast majority of my sales/traffic/income currently comes from the ascii portfolio but it is gradually changing and we are seeing significant sales for idn the majority of which are under the radar.

In my opinion idn's will be as much a part of the likes of DNJ's sales report as ascii within 5 years.

If Sedo ever gets their act together to promote and allow sales of the most popular languages then that could be even earlier.

YAYnames.com · 04-28-2008, 01:52 PM

...registered a generic dotcom name jan. 24th this year, sold it on Sedo a week later for over $500.

It's probably not in the interest of us hand-reggers to say so, but "the good names are all gone" theory is baloney, IMHO.

Originally Posted by kemjika11

Most of the great names were taken years ago? Well why do we have stories(from NP too) of people selling fresh regged names for $300, $1000 etc?

-REECE- · 04-28-2008, 02:19 PM

There's at least one domainer on this board who started domaining in February 2008 and has made thousands off handregs. Not my cup of tea, but clearly money to be made in that market still if you know what you're doing

????: NamePros.com http://www.namepros.com/showthread.php?t=462740

Originally Posted by BingoBoy

...registered a generic dotcom name jan. 24th this year, sold it on Sedo a week later for over $500.

It's probably not in the interest of us hand-reggers to say so, but "the good names are all gone" theory is baloney, IMHO.

Web Master · 04-28-2008, 02:32 PM

Quote:

Only the Wealthier Domainers Go Far

Not exactly.

As far as there are many new things, new concepts coming up in the world, there are many new opportunities for a poor domain guy to grab valuable domains to become wealthy.
????: NamePros.com http://www.namepros.com/showthread.php?t=462740

After all, domaining depends on minds.

HuntingMoon · 04-28-2008, 05:46 PM

persistence and creativity can far outweigh money in terms of long-term results. discipline is also a key ingredient, as well as networking skills. domaining is not for everyone.

it takes lots of money to hand-reg btw- once those renewal fees start hitting it can be challenging for a beginning domainer.

never give up.

Ziggery.com · 04-28-2008, 06:21 PM

Originally Posted by Essociate

it takes lots of money to hand-reg btw- once those renewal fees start hitting it can be challenging for a beginning domainer.

I'll have to jump on this bandwagon and say sorry Essociate, you are incorrect in one sense but correct in another. If you hand reg domains, you flip them so that you have no renewal fees OR if you hand reg in the beginning to keep the domains, then you should know ahead of time that you are going to have fees one year later. I have reg'd more than most this year and have just 25% left, of those, I'll flip those within the next 60 days.

As for hand reg fees, if you spend say $7.00 for a hand reg, you are doing that expecting more than $7 in return, so you don't have to spend a ba-jillion dollars to make some decent cash. If in doubt, reg one domain, sell it, reg one more, sell it, reg one more and so on until you have enough put away to reg say 5 at a time, then don't buy anymore until you sell them all. Its all how you start this business will determine how you move on in this business.

Just thought I'd get my 2.5 cents in here :-)

weblord · 04-28-2008, 06:30 PM

what if you "hit" the jackpot using reg fee only as investment? you can never tell but you need to work on most domains found now, but still "money" has a lot of factors to play on it.

HuntingMoon · 04-28-2008, 06:41 PM

Originally Posted by rhinoz

I'll have to jump on this bandwagon and say sorry Essociate, you are incorrect in one sense but correct in another. If you hand reg domains, you flip them so that you have no renewal fees OR if you hand reg in the beginning to keep the domains, then you should know ahead of time that you are going to have fees one year later. I have reg'd more than most this year and have just 25% left, of those, I'll flip those within the next 60 days.
????: NamePros.com http://www.namepros.com/showthread.php?t=462740

As for hand reg fees, if you spend say $7.00 for a hand reg, you are doing that expecting more than $7 in return, so you don't have to spend a ba-jillion dollars to make some decent cash. If in doubt, reg one domain, sell it, reg one more, sell it, reg one more and so on until you have enough put away to reg say 5 at a time, then don't buy anymore until you sell them all. Its all how you start this business will determine how you move on in this business.

Just thought I'd get my 2.5 cents in here :-)

Nice inspirational post :thumbsup

I am used to seeing 4000+ hand-reg portfolios from individuals who are short on reg fees fyi.

Ziggery.com · 04-29-2008, 06:03 AM

Just to add to this, I started off domaining with $50 in my paypal account, have never used a credit card, and now have 150+ domains and flip about 20 a week.

04-27-2008, 04:45 PM	THREAD STARTER #1 (permalink)
dezinerite www.bpdir.com Join Date: Jul 2007 Posts: 3,051 Follow @bpdir	Only the Wealthier Domainers Go Far I've come to the conclusion that the popular saying: "you need to spend money in order to make money" plays a huge factor in the domaining business - especially now, that most of the great names have been taken years ago. So it seems that only the wealthier domainers who can afford the premium domains or a pack load of short urls (LLL.com/LLLL.com) will profit big in this industry. Is this a fact? __________________ Premium DoFollow Directory \| Seychelles Triathlon Federation \| Free Directory Since 2007!

04-27-2008, 05:03 PM	#2 (permalink)
cache Senior Member Join Date: Sep 2005 Location: Goblin Wars Zone & California Posts: 4,451	it is not about money, it is about taking the risk. Reg fee is really very small compare to any other business operating expenses. __________________ LaFrance Hods Raids Trik OXSI GoblinWars IQx yPortal Idel enlo Kitu Hytu Albums eMontage Cereal Tarf MDTalks Toch TV vald hosy Bagr Glem wolk corg ypen DiTV

04-27-2008, 05:59 PM	#5 (permalink)
equity78 NamePros Expert Join Date: Oct 2004 Posts: 7,568	Excellent post Mark, and the whole thing IMO is why are you into this ? What is your plan ? If you have no money and it is to become rich off the buying and selling and parking of domains I agree that the chances are slim. Building a website and running it is a business, not domaining. If you take Ipitcher.com and make it into a successful baseball site that you eventually sell for $50,000, the domain Ipitcher.com was not worth $50,000 it was the business built on the Ipitcher.com domain that was the value. You need to have a gameplan going in and stick to the plan. Do not get caught up regging domains you have no understanding of. ????: NamePros.com http://www.namepros.com/showthread.php?t=462740 Stick to what you know and stick to your budget too. You should be fine if you can do that. Again IMO __________________ Congrats and Thank you to RJ Protect your brand,secure your .sucks today

04-27-2008, 08:08 PM	#8 (permalink)
-REECE- NamePros Expert Join Date: Sep 2004 Location: Canada Posts: 8,996	New domainers generally want a "get rich quick" scheme (I refer to this as DN Journal Hypomanic Disorder). There never has been one folks. Most top generics were regged pre-97. You can look at these guys as super lucky to get such a good name for cheap. I prefer to look at them as having amazing determination to renew these domains for 10+ Years. That's not luck. They could have sold it all these years and chose to hold it until now. Some of the domains regged in the late 80s were near-worthless for an entire decade. Do you have it in you to renew your "worthless" domain for 10 years? Imo, most of the people here wouldn't be all that much better off even if they had gotten into domaining in 1988 instead of 2008. Who wouldn't cave in to a $10,000 offer from CNET for your TV.com way back in the early-mid 90s before any of your friend even knew what an Internet was? You needed more than luck, you needed more than access to the information -- You needed vision. Nothing's changed... Many domainers walked away with $10-$100k profit from very small investments in LLLL.coms pre-buyout. Vision. That was November 2007, not all that long ago... There will be more opportunities, there always are and always have been. Hindsight's always 20/20 -- it takes real balls to put your hard earned greenbacks on a hunch, but that's what you're going to need to do to hit it big nowadays. Is it harder nowadays? Imho, no (coming from someone who's been around for "awhile"). It's never been easier to learn about domaining, there's never been so many domain auctions, conferences, blogs, magazines, press coverage,... Back when I started, there wasn't a Namepros and most people surfed the net with Yahoo, AltaVista, and Webcrawler And you know what? I made more this year (already) than I ever made back then... If you make a sound investment in domain names today and hold it for 15 years, you'll most likely make out very well for yourself. With risk comes reward... There isn't as much risk involved in buying an LLL.com today as there was in 2004 when I watched them on eBay go for a nickel on the dollar (this actually isn't a metaphor!). Past gains have been phenomenal... But since the Bust, it's largely been a compounding effect. LLL.coms didn't go from $500 to $10,000 overnight -- they slowly went higher month by month, year by year. I was certain in '04 that paying $500 for QXZ-LLL.coms was insane! Vision. I didn't see it then -- I see it now. My advice: Read, read, read. Learn as much as you can about this industry. Whether you choose to develop, handreg, or purchase aftermarket domains, pick a niche and stick to it. Nobody can possibly be an expert in all areas of domaining, so pick a niche and become an expert in that niche. I was doing some WM work for a library a few years back which had the following inspirational poem on the wall: ????: NamePros.com http://www.namepros.com/showthread.php?t=462740 The more you read, the more you know. The more you know, the smarter you grow. The smarter you grow, the stronger your voice, When speaking your mind or making your choice. (author: Jim Trelease) I couldn't agree more. Those are words to live by and certainly reflect my domaining journey... Slow and steady wins the race. It might "take money to make money", but saying "I can't", "I came too late", "It's too hard", ad infinitum certainly isn't doing anything but creating a negative environment that promotes and encourages failure. Last edited by Reece; 04-27-2008 at 08:12 PM.

04-27-2008, 09:05 PM	#10 (permalink)
kemjika11 Senior Member Join Date: Dec 2005 Location: new England Posts: 2,115	ha ha, i have to agree with you Red Rock There are just a good number of justifiable reasons for domaining, and thats why its an "industry" in its own right. JMHO..... __________________ My Sedo Names The love network- Buy a Humphree T! :bingo: Start your money making campaign

04-27-2008, 05:16 PM	#3 (permalink)
Mark Hi :) Join Date: Mar 2004 Location: NC Posts: 9,567	Thats when you need to lean toward Development a little more You can literally use most any domain and build a profitable website ... (Of course I still suggest doing so on .com if possible) - But it doesn't have to be very short - It doesn't even have to be keyword rich ... As cache mentioned ^ You don't need to start out with purchased premium domains either , Many folks do well enough off of Hand registered domains still. If you don't have or want to risk the funds to jump in feet first in Domaining, Pick a subject you like and start building a website. Do the domain thing on the side.

04-27-2008, 08:17 PM	#9 (permalink)
Red Rock Account Suspended Join Date: Jan 2008 Location: Chicago Posts: 999	Damn Reece, Another Incredible Post! Thats it! Thx

04-27-2008, 10:18 PM	#12 (permalink)
jkennedy Senior Member Join Date: May 2005 Location: M-Town Posts: 1,115 Follow @midsouthwebdev	If any of us have vision it's definitely Reese! I don't think anyone could have put it better than that post. __________________ ...Pimpin down the street in my electro-elastic shoes... 1SickMind.com - Musician-Spot.com I need work. If you need a site design, logo, script install, anything. Please let me know.

04-27-2008, 11:56 PM	#13 (permalink)
copper Senior Member Join Date: Dec 2006 Posts: 1,212	Another great post by Reece Let's compare then and now. THEN: 1. You must register for minimum of 2 years, no choice. 2. You pay slightly under $50/2 years if my memory still serves me and no such thing as refund. 3. No place to learn about domaining. 4. Know how was big secret. It was all trial/error/learn method. 5. You rarely find buyers willing to pay more than $50. They usually say "why pay more when I can register something similar myself" and they were right since they actually could unlike today. 6. If you decide to start a web site - You need to pay top $ for crappy web site unless you know how to write html codes in notepad. NOW: 1. You can register for 1 year. 2. You pay less than $8/year and can get refund if you wish. ????: NamePros.com http://www.namepros.com/showthread.php?t=462740 3. Many places to learn about domaining. 4. You meet many nice people who will teach you many know how. 5. From my experiences, average enduser sales are about $500 to $1K currently. Buyer can not find available domain names that actually make sense any more. 6. If you decide to start a web site - There are many places that shows you how to create web site. No money? No problem. There are many free scripts and free nice looking templates. Plus, new niche markets are being created everyday. Just pay attention to what's happening around you. New opportunities are being created everyday for you to take. For example, before there was 2G (GSM) and then 3G (UMTS). Now, 4G is coming There will be thousands of new valuable domains that you can register for every new things such as new technologies, new way of living, new trends... It's good to have money, but, it's not everything. 1. You have lots of money, but, know nothing about domains. 2. You have little money, but, you know almost everything about domains. 3. You have lots of money and know everything about domains. Which one are you? Great if you are #3, but, if not, I rather be #2 than #1 because #1 will soon lose "lots of money" in domaining. __________________ 30 Wordpress How-To Videos! - 50% off Limited Time Offer

04-28-2008, 12:05 AM	#14 (permalink)
GF Buying Geo Domains Join Date: Jan 2008 Location: Orange County, CA Posts: 5,182	It takes $7 to buy a domain name that can earn you parking revenues or a resale price. It's a hell of a lot easier to invest in a domain than it is to make a lot of other investments. There are huge opportunities long-term. PS: Reece said it perfectly! __________________ Economic Stimulus Act

04-28-2008, 01:22 AM	#15 (permalink)
accent Senior Member Join Date: Apr 2006 Posts: 2,295	Knowledge will get you through domaining with little money better than money will get you through domaining with little knowledge --- With profuse apologies to the Furry Freak Brothers __________________ Domains for sale For List Of Country Code Domains Jewelry of Tibet and Nepal TibetanJewelry.mobi Tibetan Symbols Om Pyramids Ancient Egyptian Secrets Ancient Mystery Eden Shakti

04-28-2008, 02:00 AM	#16 (permalink)
gwkg NamePros Regular Join Date: Aug 2007 Location: Sunny South Florida Posts: 463	A smart domainer with little money can become weathy if he learns how to play the game.

04-28-2008, 02:55 AM	#17 (permalink)
wot NamePros Expert Join Date: Apr 2003 Location: Golden Triangle Posts: 5,775	For newbs if you really want to get in to a new exciting and potentially huge market then I have no doubt that IDN's are going to be one of the best bets in the future of domaining. English has been the language of the internet simply because there was no other option. IDN's, ie7,IE8 is changing all of that. The normal response to IDN is I do not understand how they work and I don't know how to buy/translate etc - guess what, nor did I, and nor did the small but growing band of others who have delved in to this fascinating area of our business - you learn-simple as that. It's up to you. ????: NamePros.com http://www.namepros.com/showthread.php?t=462740 I still retain an ascii portfolio that is 5 times the number of names that I have in idn format. The vast majority of my sales/traffic/income currently comes from the ascii portfolio but it is gradually changing and we are seeing significant sales for idn the majority of which are under the radar. In my opinion idn's will be as much a part of the likes of DNJ's sales report as ascii within 5 years. If Sedo ever gets their act together to promote and allow sales of the most popular languages then that could be even earlier. __________________ Perú.co,上海.biz,红旗.com,MonikerBlog.com 247.in,888Blog.com,México.co,中国888.com

04-28-2008, 05:46 PM	#21 (permalink)
HuntingMoon Join our Mailer! Join Date: Jan 2005 Location: San Francisco Posts: 1,101	persistence and creativity can far outweigh money in terms of long-term results. discipline is also a key ingredient, as well as networking skills. domaining is not for everyone. it takes lots of money to hand-reg btw- once those renewal fees start hitting it can be challenging for a beginning domainer. never give up. __________________ HuntingMoon Twitter Essociate PDDW.com Pending Delete Domain Watcher \| Tube Domains

04-28-2008, 06:30 PM	#23 (permalink)
weblord NamePros Legend Join Date: Dec 2005 Location: Philippines - www.Nabaza.com Posts: 19,785	what if you "hit" the jackpot using reg fee only as investment? you can never tell but you need to work on most domains found now, but still "money" has a lot of factors to play on it. __________________ Nabaza.com - Amaia

04-29-2008, 06:03 AM	#25 (permalink)
Ziggery.com Senior Member Join Date: Feb 2008 Location: 192.168.1.1 Posts: 2,903	Just to add to this, I started off domaining with $50 in my paypal account, have never used a credit card, and now have 150+ domains and flip about 20 a week. __________________ Kruncher.com - For Sale At Sedo - 14 Years Old. Ziggery.com for sale, offers welcome (Domain name Only)

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