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Joe Nichols

Six Lessons For Domaining Beginners, From a Beginner

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By Joe Nichols, Mar 2, 2016
  1. vravis9

    vravis9 Top Contributor VIP

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    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
     
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  2. 28shanth

    28shanth Established Member

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    @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.
     
  3. re3v3ng

    re3v3ng Established Member

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    Thanks for the useful information. It's a very interesting read.
     
  4. sharastar

    sharastar Established Member

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    Thanks for this wonderful Beginners Lessons @Joe Nichols
     
  5. vikki88

    vikki88 Established Member

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    Thankyou for this amazing advice.

    Will keep this in mind!
     
  6. Sensam

    Sensam New Member

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    I am in
     
  7. surajrainamit94

    surajrainamit94 Restricted (15-30%)

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    Always go for Quality names.
    I just wanted to know if there is relevance of extensions other than .com like .me etc.
     
  8. Joe Nichols

    Joe Nichols Common sense consultant VIP

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    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.
     
  9. Domyboy

    Domyboy Established Member

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    Thank you for sharing
     
  10. Pay.My.id

    Pay.My.id Established Member

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    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.
     
  11. Aniket Srivastava

    Aniket Srivastava Established Member

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    You have written beautifully.
     
  12. Joviman

    Joviman New Member

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    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.
     
  13. Joe Nichols

    Joe Nichols Common sense consultant VIP

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    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:
    1. Have good targeted buyers in mind (and can approach them in a professional manner), or
    2. 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.
     
    Last edited: May 26, 2020
  14. Joviman

    Joviman New Member

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    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.
     
  15. Joe Nichols

    Joe Nichols Common sense consultant VIP

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    Absolutely true. Just make sure to read and learn constantly so you can figure out which names will actually sell!
     
  16. Joviman

    Joviman New Member

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    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.
     
    Last edited: Jun 4, 2020
  17. Joe Nichols

    Joe Nichols Common sense consultant VIP

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    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.
     
  18. Domain Services Corp

    Domain Services Corp Established Member

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    Thanks Joe for such a valuable and important post. I'm forever grateful for this.
     
  19. Joviman

    Joviman New Member

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    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.
     
  20. Raymundo Marquez Jr

    Raymundo Marquez Jr Established Member

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    This may be an old post but it is evergreen. Thanks so muc, I learned a lot. 👍
     
  21. Techbawaal

    Techbawaal Established Member

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    Thanks for sharing these valuable tips with us, seeking for more such tips from your side. I am a beginner in domaining. I started with this because to double up my money. But, now I realized I have to work so hard and will.(y)
     
  22. Prabhanshu Sharma

    Prabhanshu Sharma New Member

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    thanks, buddy a great piece of knowledge from a beginner to beginner.
     
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