After renewals, paid tools and any other domaining related expenses, did you make money in 2019?
I found that phone calls of prospects
are the main advantage of using your
own landing page.
I love talking to leads.
I've been acquiring, acquiring, acquiring... so I am in the red. If you count my time, let's say, $150 per billable hour, and I'm deep in the red. I do have some good domains though that will sell, eventually :B
Yup .. made multiple $x,xxx sales this year (a few in the upper 4-figure range) and definitely in the green overall by a nice amount.
I obviously also made some $$ with my daily lists at NameCult, but nowhere near as much as I hoped given the time invested, and looking back I'd have to say my time would be much better spent focusing on my own portfolio.
Because while I did make a good profit in 2019, for most of the year less than 1/3 of my domains were listed on Afternic only (only half of those priced) .. and then about 10% of my domains were listed on Sedo. So I was likely operating at about 25% efficiency .. which means I'm very happy looking ahead about the profitability of my portfolio if I actually get it organised and price/list all my domains at all the marketplaces. I recently started using Epik landers for about 40% of my domains, and definitely seeing increased activity .. really looking forward to 2020!
Anyhow .. hope everyone else had a good 2019 .. and wishing you all the best of luck for 2020!
Yup .. made multiple $x,xxx sales this year (a few in the upper 4-figure range) and definitely in the green overall by a nice amount.
I obviously also made some $$ with my daily lists at NameCult, but nowhere near as much as I hoped given the time invested, and looking back I'd have to say my time would be much better spent focusing on my own portfolio.
Because while I did make a good profit in 2019, for most
Hi Ray
earned some parking revenue and had a couple of sales
so, minus those expenses mentioned,
yeah, I could say that money was made.
imo...
.
Not from parking but from domain sales, gross much higher, though its average per month, so some months i made more than 5k some less than 5k but overall average should be around 5k. not counting my recent 30K sale. august was my best month. 13k+ net november worst 2.5k net. net income not only depends on sales but also my expenses of renewals, transfers, purchases or new acquisations, in the last quarter i have maximum renewals.
There is no one secret but here i will mention some of the points i follow -
try every possible niche like geo, brandables, liquid or others so that you don't be dependent on any single niche.
though most of the names i have are .com but i don't shy away from trying net org or .co or .in and more
keep yourself updated with namebio or namepros reported domain sales thread and other possible sources to know whats selling.
Keep up with latest tech and startups, who and whch niche is getting most funding, whats trending etc.
make good use of dropcatch discount backorder.
when there is any promo offer for handreg try to bulk register during that period.
GD closeouts one of better source to get quality for nominal price. though lots of competition now and its getting difficult but still if you focus you can get good names.
if you check aftermarket also its tough to get any name for fair price but if you keep trying then there also you get chance few times to get a good deal.
try to check around your network or social media that whether you are getting any good deals to buy domains.
rarely but you will even find names at dan, sedo etc that can be worth buying.
for selling - afternic premium listing has been the biggest source for me. So i make sure to avoid registers that are not eligible for that. parking at dan and now epik work fine for me. and Previously i have used efty which was good as well.
Thank you for useful information and for sharing with newbies as me. Which platform would you recommend for landers? Now I am using Dan and see views but only 1 or 2 offers. Used efty for a short time and had low offer. Never used Epik.
anyday BETTER NAMES. of course goes without saying. there should be no doubt regarding this.Is it necessary to change landers or is better to focus on better names?
For me efty spam fake offers was major problem but i have heard they have improved a lot from that point.Used efty for a short time and had low offer.
it depends on what kind of domains you have, your quantity of domains and lastly your pricing of domains. specially last point of right pricing matters a lot.List names on Afternic for fast transfer but within a year not received any offer or sale. But I often see your sales on Afternic when you post them and I can't understand what I am doing wrong
all the bestI started my second year in domain business and I really like it anyway!!!
@DnFolk , are you going to post about this sale?recent one sale i had of 30K. may post about it later.
Yes i will, within one month. btw many from domaining community know about it already. still will post on NP officially. just few weeks more.@DnFolk , are you going to post about this sale?
You make more money on the buy IMO.
I have made steady sales for more than a decade, but recently I have had much larger profits on paper as there are fewer reinvestment opportunities.
Brad