Good advise for rookies on selling domains

Abstracts.tv · 04-15-2007, 07:40 AM

I found this post from January, 2004 (another forum) on selling domains. I had asked the question about selling domains:
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The more you time you spend on marketing your domain names the quicker you are likely to get a sale.
The same goes for asking a realistic price.

I have worked in many businesses ( offline ) that run at a profit margin of 40% to 250% ..... Even when I launched my own on-line company ( 4 years ago ) I was working on about 200% to 300% profit margin.

Now look at what people are expecting for their domains

If you are serious about making a business out of it then cash flow is the thing to concentrate on, selling to resellers is the easiest way .. you will probably not make any big sales but I would rather turn over 1 domain a day and make a nice little profit than try and go for the ' big ' sale.

If I make 5 times what I pay for a domain then I am pretty happy, when I make 10 times I am very happy ... when it goes upto 25 times and above what I paid for the domain then I go down the pub

The only problem with waiting comes if the domain is already getting traffic, unless you get a relevant site up there you will lose that and so some of the value of the domain.

There are people here that know a lot more about domain name trading than me, hopefully they will give you some good pointers.

To give you a bit of encouragement, you have found the right place ... I have made more on AfterNIC than anywhere else.

Wishing you all the best.

Richard
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Some good fyi above. Ps, I am not promoting www.Afternic.com , that was the author's statement. I use www.Sedo.com . The choice is yours.

Frank

groundctrl · 04-15-2007, 11:05 AM

Interesting post. It's true that it's always about the day-to-day profiting, instead of hoping for a big break. Good advice.

DJ · 04-17-2007, 12:29 PM

Interesting read Frank, thanks.

04-15-2007, 07:40 AM	#1 (permalink)
Abstracts.tv Music Video Television! Join Date: Oct 2003 Location: www.Abstracts.tv Posts: 3,277 2.75 NP$ (Donate)	Good advise for rookies on selling domains I found this post from January, 2004 (another forum) on selling domains. I had asked the question about selling domains: ++++++++++++++++++++++++++++++++++++++++++++++++++ +++++++ The more you time you spend on marketing your domain names the quicker you are likely to get a sale. The same goes for asking a realistic price. I have worked in many businesses ( offline ) that run at a profit margin of 40% to 250% ..... Even when I launched my own on-line company ( 4 years ago ) I was working on about 200% to 300% profit margin. Now look at what people are expecting for their domains If you are serious about making a business out of it then cash flow is the thing to concentrate on, selling to resellers is the easiest way .. you will probably not make any big sales but I would rather turn over 1 domain a day and make a nice little profit than try and go for the ' big ' sale. If I make 5 times what I pay for a domain then I am pretty happy, when I make 10 times I am very happy ... when it goes upto 25 times and above what I paid for the domain then I go down the pub The only problem with waiting comes if the domain is already getting traffic, unless you get a relevant site up there you will lose that and so some of the value of the domain. There are people here that know a lot more about domain name trading than me, hopefully they will give you some good pointers. To give you a bit of encouragement, you have found the right place ... I have made more on AfterNIC than anywhere else. Wishing you all the best. Richard ++++++++++++++++++++++++++++++++++++++++++++++++++ ++++++++ Some good fyi above. Ps, I am not promoting www.Afternic.com , that was the author's statement. I use www.Sedo.com . The choice is yours. Frank __________________ Take a break! See my photo slideshow at Flickr! : Abstracts.tv Photo Slideshow at Flickr!

04-17-2007, 12:29 PM	#3 (permalink)
DJ Senior Member Join Date: Dec 2004 Location: .be Posts: 1,315 207.77 NP$ (Donate)	Interesting read Frank, thanks. __________________ █ DomainNameNews.biz \| ImageUnload.com \| SurfAnySite.com \| UpLoads.cc \| H.TL █ █ Online Portfolio \| Names For Sale @ domainnamez.org \| Under Construction

04-15-2007, 11:05 AM	#2 (permalink)
groundctrl NamePros Regular Join Date: Feb 2007 Posts: 245 84.00 NP$ (Donate)	Interesting post. It's true that it's always about the day-to-day profiting, instead of hoping for a big break. Good advice.

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