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Bob Hawkes

Starting Out in Domain Name Investing? Check Out These Articles

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By Bob Hawkes, Feb 18, 2020
  1. Bob Hawkes

    Bob Hawkes Top Member NameTalent VIP Gold Account Trusted Blogger

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    The NamePros Blog has been providing domain name investing news, information, interviews, tips, analysis, and strategies for many years. For this article, I searched the archive of blog posts, looking for articles particularly relevant to those relatively new to domain name investing. Although some of these articles were written years ago, I think you will agree that most of the principles still apply to domain name investing today.


    Great Articles for Domain Investing Beginners

    While most NamePros Blog posts are relevant to new, or experienced, domain investors, some are particularly worthwhile for those just starting out. While space did not permit me to include all relevant articles, here are some that I found particularly valuable.
    • While he was still relatively new to domain investing himself at the time of writing, great advice in this column by Joe Nichols on 6 Lessons for Domaining Beginners. From stressing quality over quantity, to a reminder to be wary of things you don’t understand, Joe clearly and persuasively offers insights for those early in domain investing.
    • in 2015, NamePros blog writer James Iles wrote this 5 Things I Wish I Knew Before Starting Domain Investing. His reflections include the realization that domain investing is more intensive, and challenging, than some anticipate, and that education is critical to success in the field.
    • This list of 5 tips before you start domain name investing by Andy M is sound and sensible advice. Every domain name investor should live by the golden rule at the end of the article.
    • James Iles suggests that you check these 8 things before you acquire a domain name. From searching if there are related trademarks, to examining the reputation of the domain name, keep this list close.
    • Until researching this article, I had never discovered The Rule of 3 for Buying Domains as a Beginner. Great advice from Vandesh! I particularly liked: “Ask at least 3 people how each name sounds.” I think many of us overlook doing the simple test.
    • I liked the selections made by James Iles from NamePros member comments for 12 Common Domainer Mistakes. From avoiding impulse purchases, to using realistic pricing, heeding these can make your domain investing more successful. Be sure to check out the full list.
    • While certainly not only for new domain investors, I find this Expert Exchange on the question Is Being Different Necessary to Succeed in This Business? insightful for someone starting out. Hear what Morgan Linton, Andrew Rosener, Tessa Holcomb, Mike Mann, Frank Schilling and many others have to say.
    • In conventional investing, it is often said that the emotional side is key to success. I think the same can be true in domain name investing, and it is important to realize that at the outset. This NamePros Blog post by Omar Negron, creatively titled The Truth About Domaining, deals with topics such as patience, staying consistent and how to deal with rejection.
    • James Iles asks his Expert Exchange a question that many new domain investors wonder about, and that is Should You Quote a Price?. See what the domain selling pros have to say.
    • It is important that beginning domain investors have realistic expectations. We have all heard about someone quickly making a domain name sale at a huge profit, and it is easy to assume that happens with most domain names. It does not. Understanding that most domain names will not sell for many years, if ever, is important, not just in terms of expectations, but also to see what your retail prices need to be in order to make a profit overall. This NamePros Blog article on Domain Name Sell-Through Rates provides industry-wide numbers, as well as a list of ways you can improve your own personal sell-through rate.
    • Few things are as difficult as pricing and negotiation. Are You Leaving Money on the Table? has great advice from successful domain investor Keith DeBoer. Don’t forget to check out the reference links at the bottom of his article.
    • It is easy, and fun, to assemble a domain name portfolio, but in most cases it is much more challenging to sell those same domain names. This blog post, based on ideas from NamePros members, deals with the topic of Balance Domain Name Buying and Selling. Doing something as simple as setting some days for working on selling, and other days for research and buying, may help you succeed.

    Search Tips

    If you want to do your own literature search in the blog, remember that there is a Blog tab on the home screen. Once there, you can readily order posts by date, views or title.

    Here is a search tip. Let’s say you want to find blog posts that mention the word outbound. Use the Google site search command to find mentions of only that word and only within the blog portion of NamePros.

    outbound site:namepros.com/blog/

    You can of course extend this with all of the standard Google search tricks including quotation marks for exact search, - to exclude a term from the search, etc.


    Other Beginner Resources

    While I have covered articles that were in the NamePros Blog, there are many other threads and posts with valuable advice for domain name investing beginners. I list a few of my favourite resources below.

    What Do You Think?

    I have shared some of my favourite NamePros Blog articles for early domain name investors. I would love to hear your picks. Please use the comments section to share links to articles that you found valuable when you were starting out in domaining.

    Also, if you had a single piece of advice to offer to newcomers, what would it be?

    Future posts in this series, that looks back at NamePros Blog articles, will cover topics such as tools and techniques, types of domain names, strategies and interviews.
     
    The views expressed on this page by users and staff are their own, not those of NamePros.
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  4. Bob Hawkes

    About The Author — Bob Hawkes

    Domain analyst, writer and informal educator, with particular interests in domain name phrases and non-business uses for domain names. I am a risk averse domain investor who only invests modest amounts in a variety of extensions and niches. Don't hesitate to contact me - I like to help!

    This is Bob Hawkes's 28th blog post on NamePros. View all blog posts

    Home Page:
    https://namesthat.win
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  5. Comments (19)

  6. The Durfer

    The Durfer Top Contributor VIP Gold Account

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  7. ramkumaritrvs

    ramkumaritrvs Happiest man in the world PRO VIP

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    Great collection for newbies. Thanks Bob (y)

    Pin this to newbie's thread.
     
  8. Domain8849

    Domain8849 Upgraded Member Gold Account

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  9. Shaan Chopra

    Shaan Chopra Established Member

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    Bob, I just finished reading it and I can now relate some of my mistakes in it. I am now double-checking every domain spell as google has become so smart that it actually becomes your biggest enemy. Wrong spell shows you the right search. I learned the hard way, patience is also very important, just because one domain went fast and you could have bought it that doesn't mean it will happen to every time so stop buying a2z what you find.

    As known, it is still my day one here. This post comes very handy thanks for putting everything in one place.
     
    Last edited: Feb 19, 2020
  10. Domaindogged

    Domaindogged Top Contributor VIP Gold Account

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    Thanks Bob The Patron Saint of new domainers This post is a compilation of machine learning proportions.When predicative analysis and a chatbot finally come to NP or any searchable forum I hope they coin it Bob
     
    Last edited: Feb 19, 2020
  11. TauseefKhan

    TauseefKhan Established Member

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    a lot of useful stuff from you. nothing wrong in reading it again. Thanks for sharing.
     
  12. AbdulBasit.com

    AbdulBasit.com DomainsWeb.com AbdulBasit.com PRO VIP ★★★★★★★★★★

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    Another perfectly written article with loads of great stuff at one place especially for newbies.
    Thank you Bob!
     
  13. Ntmt

    Ntmt Top Contributor VIP

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    Thanks Bob! I will read it all!

    Here are my favorite posts from Ali Zandi:
    https://www.namepros.com/blog/hard-work.848965/
    https://www.namepros.com/blog/its-never-too-late.859231/

    Also I recommend to go through this section (containing handful of threads):
    https://www.namepros.com/forums/ask-me-anything-ama.381/

    I find very useful this post of @Nikul Sanghvi:
    https://www.namepros.com/threads/report-completed-domain-name-sales-here.83628/page-567#post-6484675

    I recommend to follow forum members who showed proven success in domaining.
    And ask questions in threads - many people are transparent and helpful here.
     
  14. Haroon Basha

    Haroon Basha IZUQ.COM VIP Gold Account

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    Great job Sir @Bob Hawkes, thank you very much for your ardent, esteemed efforts. We all owe you a big thank you for your useful compilation of domain investing articles.
     
    Last edited: Feb 19, 2020
  15. satyadeep singh

    satyadeep singh Established Member

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  16. gtldomainer

    gtldomainer Top Contributor VIP

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    Appreciate this, @Bob Hawkes , always trying to put some effort to help others! Thank youu sir! (y)(y)(y)
     
  17. NiallUK

    NiallUK Domain Investor

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    Thanks for this Bob! For a beginner, this is extremely helpful! :)
     
  18. golan

    golan GolanMedia.com VIP

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    Bob, you are above the universe, as usual. Thank you!
     
  19. Martin Andrews

    Martin Andrews Established Member

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  20. Matt Morgan

    Matt Morgan Established Member

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    Hey Bob, I hope you are well,

    great collection of posts which will benefit absolutely everyone.

    Nice references.
     
  21. Aldamar

    Aldamar Established Member

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  22. Pay.My.id

    Pay.My.id Top Contributor VIP

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    Thank you @Bob Hawkes , your contribution on NP forum really important for members...
     
  23. juliagomez2244

    juliagomez2244 New Member

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    Very interesting, thank you for the information.
     
  24. Omotayo1

    Omotayo1 Established Member

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