Good insights @Joe Nichols ... I am just 1 year into domaining world...wish I had found this little early... Still good read and can correct ourselves... Thanks, Ravi
@Joe Nichols Thanks a ton for your write up and detailed insights. I'm sure this post will guide every newbie to lead a successful path in domain industry.
Always go for Quality names. I just wanted to know if there is relevance of extensions other than .com like .me etc.
Other extensions certainly sell regularly, just not as frequently as .com (nor for as much, typically). Whatever extension or name you invest in, the most important thing is just to really inform yourself before you buy. For all but .com, you generally want to stick to single word names with commercial appeal. And you should study the market for the extensions you're buying, just to be sure that your potential sales price justifies your purchase price.
Thank you @Joe Nichols Learn more as beginner , listen great advice from expert and adopt new industry to enter in the right domain market then finally we hope sell more valuable domain everytime or we need learn again when we fail to make money.
Thanks for your great advice. Didn't know anything about NNNs until now and nice to know to avoid them. How do I sell adult domain names? I have my greatest expectation to hit a jackpot there and I have registered 2 of them with .com, .net and .co.uk a piece making 6 in total.
I wouldn't necessarily say numeric names are to be avoided. I would just make sure to study up on the market very well before making any purchases. I actually don't have much advice to offer on adult names. I've never owned or sold any. My understanding is that there is not nearly as much value in them as there was years ago. Again, I would be sure to learn about the market before investing. Generally speaking, though, hand registered domains are difficult to sell unless you either: Have good targeted buyers in mind (and can approach them in a professional manner), or Have invested into names that represent a niche that is still very new (or non-existent) and you are willing to hold the names for years to see if the market for them grows. I've purchased many hand reg domains myself, but you really need to know what you're doing with them to be profitable. They are the lottery tickets of domain names.
Thanks Joe for throwing more light. One just can't help being excited at the start. I will remember to keep my expectations low although I read somewhere that the value of your domain is vague and is as good as it finally sold for.
Absolutely true. Just make sure to read and learn constantly so you can figure out which names will actually sell!
All I used to know is the recommendations for choosing a domain such as keyword domain or brand domain, one or two words, short and easy to remember, and so on. This is what I used to register about 13 domains in all. It seems the end user would be the best to sell to but my most concern is where to get the most exposure for them or the best place to sell them.
There are lots of options to choose from, but generally you'll want to make sure the domain points to a For Sale landing page, and you'll want to list it on at least one of Afternic or Sedo to make use of their multiple listing service. Beyond that there are lots of other marketplaces you can also list at: Flippa, Uniregistry, Epik, DAN, etc. For brand names, you could also try submitting them to BrandBucket, SquadHelp, or Brandpa. Just keep in mind that they charge a much higher sales commission than the other marketplaces.
I actually have them on Sedo, but it's all quiet after several weeks and it costs about $59 to start a direct auction which lasts a week. Not sure if this is worth doing. GoDaddy Auction is free but costs around £3.98/yr ex VAT to register and gain access. Seems like a more reasonable place to list them for sale. Thanks for all the sites mentioned Joe! After taking sometime to look at them, I think I'll settle for Dan, Uniregistry and Afternic. Might as well use a high BIN price that I'm comfortable with and expect offers by setting a low minimum price.
