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sales Mike Mann Sells Five Domains for $40,888

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Mike Mann has been busy on social media overnight, publishing details of five recent domain name sales that he has completed, totalling $40,888. The domains, which we’ll list below, had a combined original acquisition cost of less than $200 in total. This gives Mike a return on investment (ROI) of 20,868% before renewal fees and possible commissions are taken into account.

The first sale that Mike announced was that of FlexTransport.com for $9,888. This name was hand registered by Mike in April 2009 for $8. FlexTransport.com has already been handed over to its new owners, but there are currently little clues as to who owns the name, since there is no active website and it is registered under privacy at GoDaddy.

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I have two guesses as to who the new owner could be. The first is a Dutch company called Flex Bedrijfsdiensten, who use the domain flexbedrijfsdiensten.nl and registered the Twitter username @flextransport in June last year.

The second is FlexTransport.com.au, an Australian company using the Facebook username @FlexTransport. Interestingly, in the graphic used on their Facebook page, they display the email address [email protected], rather than [email protected].

Next up is ConceptStudios.com, purchased at a comparatively excessive $90 by Mike in April 2011. The name was sold for $10,000 to Stripes39, a company that offers investment and partnerships on various web projects. Their website boasts properties that use domains such as Cut.com, Expertise.com and ReputationManagement.com. It’s currently not know what the name will be used for.

The third of Mike’s sales he announced was that of TheStartupWay.com. This domain fetched a $5,000 price tag after a $20 investment in May 2016. According to WHOIS, this deal was closed through Sedo, since at the time of writing, the domain is in Sedo’s escrow process. TheStartupWay.com could be a great brandable domain for any blog or service related to startups, or teaching startup owners how to function well as a startup, with all the unique difficulties startups can encounter.

Fourth on Mike’s list was the $6,000 sale of PHPartners.com. This was sold for $6,000 after a $70 investment in February 2009. According to Google, there are many companies that could be interested in this name, with several companies using a similar domain to PHPartners.com. The name is currently under WHOIS protection at GoDaddy, and no website is currently displayed.

The final sale that Mike shared was that of SurplusFloor.com. After purchasing the name in September 2011 for $7, the domain has been sold for $10,000. Again, this domain is under privacy protection with no website displayed on the domain, so there is little that can be gleaned from this about the new owners.

Congratulations to Mike on a strong start to 2017. As with any article about Mike’s domain sales, it should be remembered that his company, DomainMarket.com, owns around 250,000 domain names. This means that if Mike pays normal renewal fees on each domain, his renewal bill can be expected to reach $2 million per year. Individually, these are impressive sales, but collectively, they will pay for the renewal fees for 5,000 of Mike’s names.
 
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The views expressed on this page by users and staff are their own, not those of NamePros.
The mantra of saying. He bought it for $$ and sold for $$$$ is true but misleading especially to new entrepreneur. He own 250,000 domains, sold few domains in a month through his domain network mostly dotcom, and he has a deep pocket to maintain the renewals (capital).

Newbie entrepreneurs does not have those three pieces knowledge/network/capital. They might bought 10-100 domains and never find a buyer. Ask some entrepreneurs who bought in gTLDs, most of them losing investment.

My point is, domaining investment is not an easy business as they advertise.

Invest wisely.
 
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I think it's doable.

This is my part-time and a hobby collecting keyword domains, with a very small portfolio close to 1000+ to manage. I have to sell or make money at least $10K to break even every year. With my "lean" portfolio, parking and advertisement pays for the renewal of domains and selling domains for extra income is a bonus.

Last Year 2016.
I sold $11,655 net for month of Feb., this cover my yearly renewals. The month of March-Dec, if I make a sale is a bonus. My advertisement and parking combined is around $5K+. So last year, I'm on positive.

This year 2017.
I sold $10,375 net for January, excellent start for Y2017. The Feb to Dec sales, advertising and parking are bonus. I can say now, I'm on positive earning.

Takeaway from my 1000+ domain portfolio to make money
- Maintain a lean domain portfolio, my domains examples are MAJ.COM, QUE.com, BeachMaster.com, DOKS.com, etc.
- I have a few keywords in other extension, 100 or less. I tell you now, this is for protection purpose only, no income will come anytime soon. If market demand don't change, I will dump or drop them too. If you want to be in a positive earning, check your inventory and drop all domains without any traffic. Traffic is money in domain business.
- Use common sense when buying a domain name to add in your inventory.
- Cheap renewal, do not maintain premium renewal domains. You will only make your registrar richer.

I hope this will help other entrepreneurs. More at Que.com Domain Investment (https://que.com/category/business/domain-name/).

Thank you.
 
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Yes, those numbers are purely fairytale numbers. You have to factor in costs for sales people, closing costs time to manage the portfolio, time to purchase new names, funding for new names, office space? Then the $2M renewals now we are talking.

There is a disclaimer of sorts in the last paragraph but reporting a 20,000+% ROI in the first pace is fantasy.
 
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Mike is keeping me motivated ..good job!
 
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if he owns 250,000 domains then im sure his parking revenue alone is probably more than the $2million in renewal fees, so the $40k from these sales is profit.
There is no parking revenue

Domains need to be parked, which they are not
 
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This gives Mike a return on investment (ROI) of 20,868% before renewal fees and possible commissions are taken into account.

I got this far through the post and had to reply. That does not give him an roi of 20,868%. What about all the other domains he has that didn't sell but he still had to renew?

Sorry but this is misleading. There will be new domainers on this forum reading that with stars in their eyes.
 
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I got this far through the post and had to reply. That does not give him an roi of 20,868%. What about all the other domains he has that didn't sell but he still had to renew?

Sorry but this is misleading. There will be new domainers on this forum reading that with stars in their eyes.
Yes, those numbers are purely fairytale numbers. You have to factor in costs for sales people, closing costs time to manage the portfolio, time to purchase new names, funding for new names, office space? Then the $2M renewals now we are talking.
 
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Thanks James!
I particularly appreciate you putting these sales in their proper context in the final paragraph.
 
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And....this is news why?

Yes he likes to brag like a stupid little kid when he sells names via his SM.

Next.
His sales are good education, brag or not, any knowledge of a sale is good knowledge.
 
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To make a $1500 sale you have to turn down qi\uite a few $xxx offers. To make a five-figure sale your have to turn down quite a few $XXXX offers and a boatload of $XXX offers.
 
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Wow these are some crap names
Still nice sales. Pity for buyers
 
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Wow,
He has really been on a roll lately.
Mike is The Mann! :)
 
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wonder how many of his 250K names didn't sell. I assume 250K.

Mike's business is volume based.
There's an article floating around that he only sells 0.67% of his 250,000domains!!!
Yes that's about 1%!!
Mike himself also said the average price of a .COM is around $2600USD.
Obviously the sales he posts are the highest ROI ones, but most of his sales are around 2k or so.

His 5 domains that sold for 41K does NOT cover his 1 month expenses, so rest assured he has another 100-300unreported sales!
 
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I have a very small inventory, nothing compare with his but makes good sales. So it's possible.
 
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I think Mike Mann has great domaining skills combining a great commercial instinct for what business owners will want to own their businesses and a knowledge of business trends.

However this story gives new domainers stars in their eyes and false belief they will be next when they see stories like this, as it emphasizes a $$ based story of the domains sold. Look instead at the story based on - domain units not domain $$. In this view, this story is - Mike Mann sells 5 domains from his 250,000 domains. Giving a 0.002 result.

i.e. on units sold this story is about a 0.002 return i.e. you have to do this 500 times to hit 1%

He only posts the really high ROI sales.
He sells 100-400domains/month on DomainMarket.com, so he only reports about 1%-2% of his sales.
I believe $2600 is the average sale price of a .com according to him, so these 5 sales posted are maybe his best for the month.
 
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Which other domains did he reg in this time and how high was his approximate carrying cost? Not to forget to look at the total numbers.
 
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if he owns 250,000 domains then im sure his parking revenue alone is probably more than the $2million in renewal fees, so the $40k from these sales is profit.
 
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There is no parking revenue

Domains need to be parked, which they are not

In all honesty i have not looked at his domains, but im sure he must have some good developed names earning revenue
 
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BTW, i never buy / renew such names.

Thats why he is Mike Mann
 
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Well done Mike! Congratulations!
I agree those are extra ordinary sales of some mid level names, most of us would be happy to get $2500 for.

Guys like Mike Mann are not bad to the industry, as when he asks a lot for his domains, it forces others to go look elsewhere if they can't afford them, safe hands.

Whereas huge domains, they are usually under $2500, and they move lots of quick inventory like this.
 
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And....this is news why?

Yes he likes to brag like a stupid little kid when he sells names via his SM.

Next.
 
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