Like many of us, I have been flabbergasted by the recent release of previously unreported Uniregistry domain sales from the period between February 2015 to June 2016. As a domain investor in the making and an industry follower, I believe that we can gain a lot of inspiration and information from looking at these lists of domain name sales.
The domain market is largely unpredictable. It can be difficult to find valuable data to learn from and to inspire us to keep working to get better in this business. I am from Nepal, which is situated in-between India and China. Here in Nepal, domaining is not a big business, but it is slowly gaining traction. Nearby, in India, domaining is gaining immense popularity. China has already surprised investors by becoming a major market for domains, especially for short “CHiP” domains. Many of us were also surprised when sales in China slowed. With so much confusion in the market, real sales data can help us make sense of it all, providing clues to successful domain investing and showing us that anything is possible if we invest intelligently.
Ron Jackson of DNJournal recently published several lists on Jul. 20, Jul. 27, Aug. 3, and Aug. 10 of previously unreleased domain name sales from Uniregistry. In addition, Michael Sumner of NameBio posted a list of 5,745 previously unreleased Uniregistry domain sales totaling nearly $42.2 million, with sale prices ranging from $200 to $800,000 USD. Sumner writes that the list includes “ultra-premium dictionary domains, two and three letter dot coms, brandables, keyword combos, foreign languages, ccTLDs, new gTLDs and everything in between.” These lists have provided domain investors with useful information on the domain aftermarket and many of its submarkets and specialty domain niches.
When I saw these lists of domain name sales, I took a couple things from them that I’d like to share with you. The first is mindset related and the second is more practical.
First, the list is inspiring and encouraging. To me, a daily or weekly domain sales chart is a source of inspiration that bolsters my confidence. This marathon of a list totaled $42.2 million in sales (a marathon is a 42.2 kilometer run) and it fills my whole psyche with energy. Each of the 5,745 domain names on the list sold between February 2015 and June 2016. The average sale price was $7,339.13 USD. Seeing these amazing successes fills me with positive vibes and encourages me even when I’m having a drought or lackluster month with my own sales. By taking inspiration from good news in the industry, we can find the will to stay optimistic and work hard at domaining. After all, psychological balance is an advantage in this mostly unpredictable industry.
On the practical side, the list can be educational. It helps to broaden our general knowledge of domain names, which can help us make future sales. With more reported domain sales, we can do a comparative study of the domains that sold and analyze why some sold for more than others. We can compare the domains on the sales list to our own domains and ask ourselves: what are the similarities and differences between ours and the ones that sold? We can use the information we learn from the lists to help us price, market, and manage our own portfolio of domains. We can also select a group of domains from the lists as a sample and track their sale prices to study sales trends over a period of time. Or, we can analyze the structure of the domains that sold and apply that to our own hand-registration of domains and to our investments in domains on the aftermarket that we try to flip. There are many great ways to use the data from these sales lists to improve our own domain investing strategies.
Now, this isn’t to say that studying sales lists is a magic key to unlocking the secrets of domaining. It is not that easy. The domain business is an unpredictable and challenging game. We have to be realistic. At times, we think our domains are the best value anyone can find at the prices we set. However, competition is stiff. Hard work, perseverance, and stamina (financial stamina included) play a big role in success. Sometimes, our excitement can work against us. For example, when hand registering domains, my theory is to wait a couple of hours or days in between finding and registering a name that I like in order to let my initial excitement wane. That way, I can make a more level-headed decision.
I hope you find the recently released lists of domain sales from Uniregistry as useful as I have, both to energize you and to teach you more about the domain industry, so that you find even more success in the business.
The domain market is largely unpredictable. It can be difficult to find valuable data to learn from and to inspire us to keep working to get better in this business. I am from Nepal, which is situated in-between India and China. Here in Nepal, domaining is not a big business, but it is slowly gaining traction. Nearby, in India, domaining is gaining immense popularity. China has already surprised investors by becoming a major market for domains, especially for short “CHiP” domains. Many of us were also surprised when sales in China slowed. With so much confusion in the market, real sales data can help us make sense of it all, providing clues to successful domain investing and showing us that anything is possible if we invest intelligently.
Hard work, perseverance, and stamina (financial stamina included) play a big role in success.
Ron Jackson of DNJournal recently published several lists on Jul. 20, Jul. 27, Aug. 3, and Aug. 10 of previously unreleased domain name sales from Uniregistry. In addition, Michael Sumner of NameBio posted a list of 5,745 previously unreleased Uniregistry domain sales totaling nearly $42.2 million, with sale prices ranging from $200 to $800,000 USD. Sumner writes that the list includes “ultra-premium dictionary domains, two and three letter dot coms, brandables, keyword combos, foreign languages, ccTLDs, new gTLDs and everything in between.” These lists have provided domain investors with useful information on the domain aftermarket and many of its submarkets and specialty domain niches.
When I saw these lists of domain name sales, I took a couple things from them that I’d like to share with you. The first is mindset related and the second is more practical.
First, the list is inspiring and encouraging. To me, a daily or weekly domain sales chart is a source of inspiration that bolsters my confidence. This marathon of a list totaled $42.2 million in sales (a marathon is a 42.2 kilometer run) and it fills my whole psyche with energy. Each of the 5,745 domain names on the list sold between February 2015 and June 2016. The average sale price was $7,339.13 USD. Seeing these amazing successes fills me with positive vibes and encourages me even when I’m having a drought or lackluster month with my own sales. By taking inspiration from good news in the industry, we can find the will to stay optimistic and work hard at domaining. After all, psychological balance is an advantage in this mostly unpredictable industry.
On the practical side, the list can be educational. It helps to broaden our general knowledge of domain names, which can help us make future sales. With more reported domain sales, we can do a comparative study of the domains that sold and analyze why some sold for more than others. We can compare the domains on the sales list to our own domains and ask ourselves: what are the similarities and differences between ours and the ones that sold? We can use the information we learn from the lists to help us price, market, and manage our own portfolio of domains. We can also select a group of domains from the lists as a sample and track their sale prices to study sales trends over a period of time. Or, we can analyze the structure of the domains that sold and apply that to our own hand-registration of domains and to our investments in domains on the aftermarket that we try to flip. There are many great ways to use the data from these sales lists to improve our own domain investing strategies.
Now, this isn’t to say that studying sales lists is a magic key to unlocking the secrets of domaining. It is not that easy. The domain business is an unpredictable and challenging game. We have to be realistic. At times, we think our domains are the best value anyone can find at the prices we set. However, competition is stiff. Hard work, perseverance, and stamina (financial stamina included) play a big role in success. Sometimes, our excitement can work against us. For example, when hand registering domains, my theory is to wait a couple of hours or days in between finding and registering a name that I like in order to let my initial excitement wane. That way, I can make a more level-headed decision.
I hope you find the recently released lists of domain sales from Uniregistry as useful as I have, both to energize you and to teach you more about the domain industry, so that you find even more success in the business.
