sales Mike Mann Turns $60 into $22,500 Sale with IndustrialHeat.com

Compassion · Jun 19, 2015

Great news and awesome sale, however this is more indicative of the size of Mann's portfolio than it is of jedi mastery to choose $60 into $xx,xxx names

cdboard · Jun 19, 2015

if you have any thoughts of a startup........ get the domain name first.

Enfant · Jun 19, 2015

When calculating ROI please do not forget to deduct all related expenses.
I believe Mike spends a lot for websites maintenance and staff.
Also, those domains that didn't sell shall be taken into consideration to balance the expenses vs. profits

And congratulations to Mike! He is always an inspiration for us!

kawalsukhi · Jun 19, 2015

Holding assets give you great prices most of the time!
Good sale!

alexdon82 · Jun 19, 2015

impressive turnover for guy who owns 100-1000 domains, but from my point of view not really impressive if we take in consideration that seller has few hundreds thousands domains. ~ about few millions a year must be spent for renewals- is it 22k really that huge?

Enfant · Jun 19, 2015

I think he sells others domains too, may be we are just not updated of his other sales and $$$

DavidH · Jun 19, 2015

I would be very happy if my Industrial Boilers .com name went for that amount

JB Lions · Jun 19, 2015

alexdon82 said:
impressive turnover for guy who owns 100-1000 domains, but from my point of view not really impressive if we take in consideration that seller has few hundreds thousands domains. ~ about few millions a year must be spent for renewals- is it 22k really that huge?

Think of it like this, ballpark. Say you have around 300,000 domains x $8 renewal = 2.4 million a year renewal.

Say you sell about $20,000 a day, that's 7.3 million a year. That gives you almost 5 million for regs, Aftermarket etc.

Interesting think I got from him posting his stats were sometimes the average selling price for the day would be $600 or low x,xxx.

There is an old baseball saying goes something like this. While we all would like to hit home runs, it those that can consistently hit singles that will have a career. I think that sums up his selling. You'll see a home run here and there but average selling price is more of a single.

Enfant · Jun 19, 2015

DavidH said:
I would be very happy if my Industrial Boilers .com name went for that amount

Looks like it is long awaited customer to come in. Someone who is in that very, very narrow industry.
Industrial Boilers and Industrial Heat get (interesting, same number!) 720 searches / month.
That's so low number to expect good and fast sale...

Yusuf Musa · Jun 20, 2015

Mike must be spending huge to renew those names.

maxtorz · Jun 21, 2015

Well that goes to show you that keyword rich domain names are still rocking the market.
For ALL of you new domainers don't get to excited because Mike Mann's domain portfolio is ASTRONOMICAL!!!
He has the $$$ and can afford to say NO to a 5k or 10k offer for a similar name.
Most of US will not say NO to a 5-10k offer for the same name if it was in our domain portfolio! Negotiations can go on for months too...

Slip · Jun 28, 2015

Thank you for posting this, I needed the motivation.

pablohc86 · Aug 2, 2015

in fact would be helpful to know how he made this sale.. because if the enduser contacted him withouth any outbound job from his team, there is very few to learn and to be motivated.
At least from my side.

xn--v4h.com · Jul 14, 2017

JB Lions said:
Think of it like this, ballpark. Say you have around 300,000 domains x $8 renewal = 2.4 million a year renewal.

Say you sell about $20,000 a day, that's 7.3 million a year. That gives you almost 5 million for regs, Aftermarket etc.

Interesting think I got from him posting his stats were sometimes the average selling price for the day would be $600 or low x,xxx.

There is an old baseball saying goes something like this. While we all would like to hit home runs, it those that can consistently hit singles that will have a career. I think that sums up his selling. You'll see a home run here and there but average selling price is more of a single.

To break even, then, he would have to sell $6500/day for every single day to break even if he has 300,000. If he's hitting singles, then he'd have to sell 11 a day. Perhaps he has less inventory, but if that's the case, then wouldn't the chances of him selling also go down as well?

What he does is his business, but since he publicizes his individual sales, he got us talking and so it would seem fair game to get into his business, or at least speculate.

JB Lions · Jul 14, 2017

xn--v4h.com said:
To break even, then, he would have to sell $6500/day for every single day to break even if he has 300,000. If he's hitting singles, then he'd have to sell 11 a day. Perhaps he has less inventory, but if that's the case, then wouldn't the chances of him selling also go down as well?

What he does is his business, but since he publicizes his individual sales, he got us talking and so it would seem fair game to get into his business, or at least speculate.

20k a day.

xn--v4h.com · Jul 14, 2017

JB Lions said:
20k a day.

That's what he makes a day?

JB Lions · Jul 14, 2017

xn--v4h.com said:
That's what he makes a day?

I'm trying to find an old post where I posted some of his days. They were about 20k. The math above is based on what he posted.

JB Lions · Jul 14, 2017

xn--v4h.com said:
That's what he makes a day?

Here is one of the times, I posted examples. In a thread where people thought he only sold 27 domains in an entire month, when he has days where he sells more than that:

https://www.namepros.com/threads/mi...s-best-month-ever.1011941/page-3#post-6095635

xn--v4h.com · Jul 14, 2017

JB Lions said:
Here is one of the times, I posted examples. In a thread where people thought he only sold 27 domains in an entire month, when he has days where he sells more than that:

https://www.namepros.com/threads/mi...s-best-month-ever.1011941/page-3#post-6095635

So if he averages about 16 domains/day and he makes $20k/day that means he averages $1250/domain?

JB Lions · Jul 14, 2017

xn--v4h.com said:
So if he averages about 16 domains/day and he makes $20k/day that means he averages $1250/domain?

About that, it's gone up recently he said, from the Mann himself:

Mike Mann (@Mike Mann), Owner of DomainMarket.com

About $2,000. Up from $1,200. The average appraisal is going up, too, around $8,000. There was a flight to quality super-premium .COM once everyone started to realize the new gTLD space is a racket and very few end users know it exists or want to use them in legit commerce.

https://www.namepros.com/blog/exper...hs-are-sales-up-or-down.1029739/#post-6254345

xn--v4h.com · Jul 14, 2017

JB Lions said:
About that, it's gone up recently he said, from the Mann himself:

Mike Mann (@Mike Mann), Owner of DomainMarket.com

About $2,000. Up from $1,200. The average appraisal is going up, too, around $8,000. There was a flight to quality super-premium .COM once everyone started to realize the new gTLD space is a racket and very few end users know it exists or want to use them in legit commerce.

https://www.namepros.com/blog/exper...hs-are-sales-up-or-down.1029739/#post-6254345

Seems he has a sound business then. Well done Mike.

xn--v4h.com · Jul 14, 2017

JB Lions said:
About that, it's gone up recently he said, from the Mann himself:

Mike Mann (@Mike Mann), Owner of DomainMarket.com

About $2,000. Up from $1,200. The average appraisal is going up, too, around $8,000. There was a flight to quality super-premium .COM once everyone started to realize the new gTLD space is a racket and very few end users know it exists or want to use them in legit commerce.

https://www.namepros.com/blog/exper...hs-are-sales-up-or-down.1029739/#post-6254345

https://www.namepros.com/threads/domainmarket-com-mike-manns-domains.1030091/page-2#post-6258253

Looks like he makes $13k a day. Still above break even if he owns as many domains as we think.

sales Mike Mann Turns $60 into $22,500 Sale with IndustrialHeat.com

Celebrate LifeTop Member

Top Member

Established Member

Top Member

Established Member

Established Member

10.ukTop Member

Top Member

Established Member

Established Member

Established Member

New Member

Top Member

Emoji domains at Punycode.comEstablished Member

Top Member

Emoji domains at Punycode.comEstablished Member

Top Member

Top Member

Emoji domains at Punycode.comEstablished Member

Top Member

Emoji domains at Punycode.comEstablished Member

Emoji domains at Punycode.comEstablished Member

Similar threads

We're social

Pinned

Appreciation

Agreement