Give tips to Newbies to get Success in domain business?

theuniverse · 03-19-2008, 10:07 AM

notlikeyou · 03-19-2008, 10:10 AM

this is a good starting point

http://www.namepros.com/domain-newbi...investing.html

Krossat · 03-19-2008, 10:10 AM

1. Start off with Reading and learning. Dont just jump in and start buying. Remember "Its Easy to Buy, but Diffcult to Sell". The better your domain is, the easier it gets to sell. So u need to know the market before you start buying.

diegoid · 03-23-2008, 11:00 AM

Get Domains with Traffic. Leave the domains with "nice name" but no traffic for other moment (there are many "nice" portfolios earning nothing out there).

Focus on domains with traffic:

1) Type-In Domains
2) Typo Domains (with traffic)
3) Expired Domains (with traffic).

Good Luck.

VURG · 03-23-2008, 07:36 PM

A large percentage of domainers are bargain hunters. Most domains are not great bargains. Some domainers have awesome skills developed over time at finding the bargains. Others have an awesome network of people to sell to and sell average bargains to people who cant find average bargains. Most struggle to do either.

Often the best domainers only find a handful of bargains and find something else to do with their time.

turner10 · 03-23-2008, 10:02 PM

i still consider myself somewhat of a newbie and Krossat has a great point. I started buying some domains about a year ago and now they are coming up for renewal and i can only shake my head at some of the garbage i bought when i first started. Luckily i did not spent much to start with.

dezinerite · 03-24-2008, 03:07 AM

Good advice, Krossat. I agree with you Turner10.

Sometimes, no matter how many times expert domainers give out free advice, new domainers just don't quite listen and apply. I've made mistakes even after I had been warned. Big example: when the LLLL.coms were still available at reg fee...

Brianwa · 03-24-2008, 10:19 AM

I have 11 domains (undeveloped). I have decided I need to spend my time & resources learning how to do this right, so for now I won't be getting any more domains.

turner10 · 03-24-2008, 12:20 PM

1 good developed name can be worth way more than thousands of domains.

seven · 03-26-2008, 12:17 PM

Have a set small budget you can spend on domains every month. Depending on how much you want to invest, you can increase that amount as you grow more knowledgable.

I had acquired some good domains when I first began but the bad domains outweighed them 3-1. I've read similar from many others. Learn from our experience and study up first.

In general, shorter is better. I'd recommend only registering .coms until you get a better feel for what the other extensions represent and their corresponding value is.

03-19-2008, 10:07 AM	THREAD STARTER #1 (permalink)
theuniverse Senior Member Join Date: Feb 2008 Posts: 2,381	Give tips to Newbies to get Success in domain business? Give tips to Newbies to get Success in domain business? __________________ ButterBusiness.com - 555$

03-19-2008, 10:10 AM	#2 (permalink)
notlikeyou Senior Member Join Date: Jul 2007 Location: midwest Posts: 1,385	this is a good starting point http://www.namepros.com/domain-newbi...investing.html __________________ DriverSalary.com PopularAppetizers.com need a LLLL.com make an offer

03-23-2008, 11:00 AM	#4 (permalink)
diegoid NamePros Regular Join Date: Jul 2005 Posts: 380	Get Domains with Traffic. Leave the domains with "nice name" but no traffic for other moment (there are many "nice" portfolios earning nothing out there). Focus on domains with traffic: 1) Type-In Domains 2) Typo Domains (with traffic) 3) Expired Domains (with traffic). Good Luck. __________________ Article Marketing and Google Panda Domain Parking

03-24-2008, 03:07 AM	#7 (permalink)
dezinerite www.bpdir.com Join Date: Jul 2007 Posts: 3,051 Follow @bpdir	Good advice, Krossat. I agree with you Turner10. Sometimes, no matter how many times expert domainers give out free advice, new domainers just don't quite listen and apply. I've made mistakes even after I had been warned. Big example: when the LLLL.coms were still available at reg fee... __________________ Premium DoFollow Directory \| Seychelles Triathlon Federation \| Free Directory Since 2007!

03-26-2008, 12:17 PM	#10 (permalink)
seven NamePros Regular Join Date: Mar 2007 Location: Texas Posts: 951	Have a set small budget you can spend on domains every month. Depending on how much you want to invest, you can increase that amount as you grow more knowledgable. I had acquired some good domains when I first began but the bad domains outweighed them 3-1. I've read similar from many others. Learn from our experience and study up first. In general, shorter is better. I'd recommend only registering .coms until you get a better feel for what the other extensions represent and their corresponding value is. __________________ UnderpricedDomains.com \| Domain Name Blog

03-19-2008, 10:10 AM	#3 (permalink)
Krossat krossat.com Join Date: Jul 2007 Location: New Zealand Posts: 3,790	1. Start off with Reading and learning. Dont just jump in and start buying. Remember "Its Easy to Buy, but Diffcult to Sell". The better your domain is, the easier it gets to sell. So u need to know the market before you start buying.

03-23-2008, 07:36 PM	#5 (permalink)
VURG VURG Join Date: Jun 2005 Location: Australia Posts: 2,606	A large percentage of domainers are bargain hunters. Most domains are not great bargains. Some domainers have awesome skills developed over time at finding the bargains. Others have an awesome network of people to sell to and sell average bargains to people who cant find average bargains. Most struggle to do either. Often the best domainers only find a handful of bargains and find something else to do with their time.

03-23-2008, 10:02 PM	#6 (permalink)
turner10 NamePros Member Join Date: Nov 2007 Location: Mass Posts: 148	i still consider myself somewhat of a newbie and Krossat has a great point. I started buying some domains about a year ago and now they are coming up for renewal and i can only shake my head at some of the garbage i bought when i first started. Luckily i did not spent much to start with.

03-24-2008, 10:19 AM	#8 (permalink)
Brianwa NamePros Member Join Date: Dec 2007 Location: Tacoma, WA Posts: 25	I have 11 domains (undeveloped). I have decided I need to spend my time & resources learning how to do this right, so for now I won't be getting any more domains.

03-24-2008, 12:20 PM	#9 (permalink)
turner10 NamePros Member Join Date: Nov 2007 Location: Mass Posts: 148	1 good developed name can be worth way more than thousands of domains.

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