debate Why domainers register crap domains?

[RU]

That is the question..

 

[bobbarato]

> why crap domains?

It's our nature. Excuse me while I sting the frog...

 

[briguy]

Recent reason that I have been registering/buying crap domains is that my currency is way lower than the USA..so my budget getting smaller.

@David Walker gave me a idea..instead of registering them for a year, register them for longer periods of time. Less domains but can be more selective of what I buy.

 

[comati]

Two points to make here, while you may not agree with the first being that it's a crappy name because an implantable company will most likely be a brandable name and owning the generic is quite moot here. The second point is a counter to you holding for 1 year, that's not a gamble, or even a wise decision; most names I keep for a minimum of 3 years.

1. i operate from the mindset that owning the generic is ALWAYS a good thing.
2. i agree, i didn't want to say that if is not sold in a year i will drop it, what i wanted to say is after a year i reexamine the decision because i know more.

 

[Blueforever]

One man's sh*t is another man's gold

I was thinking the same. Especially with brandables.

 

[Jv1999]

Hype, misinformation, jealousy, striving to achieve the impossible and an addiction to gambling.

When I was starting out, I handreg'd lots due to hype and gambling. But tbh, it's very hard to know that CreativityCentres.com is crap when you're just starting out

 

[Haris]

One should keep his/her initial budget low, when I started, I asked for $100 but my father gave me $70 only. So I never got to buy too much crap.

 

[nomen]

I think it's mostly because of the lack of understanding of commercially viable domains. Equally a big issue is the lack of patience reinforced by the sense of urgency created by the registrars.

EDIT:

In order to reduce the so-so regs, I've developed a dead simple process that works for me: I write down every domain I buy or register to a simple list. Then when I'm about to buy/reg new names, I write down those prospect names (at this time I've already researched those name thoroughly) on top of the list and evaluate those names against the already acquired names on the list. This way it's often times easy to spot the names that seem good on the face value but lack the depth to be a really good buys.

 

[frank-germany]

the answer to the O.P. question is simple:
who else would ?

 

[Kate]

Because they don't realize they are buying crap in the first place
But even decent domains will be hard to sell. You need great names or you need some luck.
Also, infatuation, addiction, and collectors' impulse seem to be very common problems.

 

[dordomai]

because they are in for the adrenaline rush that making (quick) money gives them. If they don't find a suitable domain they can at least get an adrenaline rush from registering potential money making domains. it's addictive.

 

[DnEbook]

That is the question..

People like to think they solving a mystery, "ah this is the one" ......much more exciting to reg a new name that renew an old one it seems

 

[John0]

Hey, not here to argue the value of the domain. I'd just like to reinforce my 2nd point of it being a bet and putting money on the table as you so put. One years registration is not a bet (or rather, investment).

Case in point, look at Mike Mann's reported sales as a reference. He states when he acquired them (years ago, not 1).

Edit: sorry, my second point was intended for another person. But, my opinion about the domain remains. Maybe only millenials will send their children to vr schools, creating a new wave of messed up generations. That's to say, they're able to reproduce without learning the most vital human interaction skills.

I'm not arguing David, apologies if it sounds that way. I have a posting style that may seem abrupt and argumentative at times but its far from that.

Ok you mention Mike Mann, from what I've read about him he has vast resources, knowledge and contacts that those of us starting off can only dream about. He more than likely thru his contacts has the first dibs on every premium name that comes on the market.
Starting off.....I dont.

VRgui.de . VRPlaySchool.com .VRinPlay.com .VRiHub.com
.
VRChildFriendly.com .VRChildLock.com .VRdisable.com .VRGamerPlay.com
.
VRneighbour.com .VRGameSet.com . VRhub.site . VRcam.website
.
VrVue.website ***VR.website VRfans.website
.
VR***.website VR***y.website VRview.website VrVu.website

There, thats all my VR related domains.
and I know what you are going to say. TURKEYS the lot of them. gobble gobble

But for somebody like me VRGAME is already gone so I have to look for value elsewhere.

so for short term I think VRgameset is perfectly good one year bet, Its not VRheadset, but I'm not in the market for that name at this stage, and nor will I until I get the knowledge and contacts that you and other long term domainers have access to.
Its not going to get xxxxx and I know that, if I get xx Im happy, if I get xxx Im happy, and if I get xxxx Im happy.

The bolded ones I think are decent value for me longterm, cheap to buy and cheap to hold, and that is a gamble Im willing to take,

As for the rest I think most of them at this stage worth more than the reg fee I paid, so if they sell Im happy, if they dont, well Im gambling that the bolded ones in the long term more than make up the reg fee I paid.

 

[N-A]

VRgui.de . VRPlaySchool.com .VRinPlay.com .VRiHub.com
.
VRChildFriendly.com .VRChildLock.com .VRdisable.com .VRGamerPlay.com
.
VRneighbour.com .VRGameSet.com . VRhub.site . VRcam.website
.
VrVue.website ***VR.website VRfans.website
.
VR***.website VR***y.website VRview.website VrVu.website

Total acquisition over $200? I'd bet you could get 1 better VR name for that from another domainer and have even better odds of selling it. Just my opinion though.

 

[KingHayeley]

She hit that one on the spot.

Thanks <3

 

[John0]

Total acquisition over $200? I'd bet you could get 1 better VR name for that from another domainer and have even better odds of selling it. Just my opinion though.

No not 200, total acquisition all for under $110 which gives me 14 chances of making back reg fee because im keeping 5 to offload when the time is right.

Now youre talking about spotting value in a 200 VR domain For me thats a no,
because I'm not able to spot value in a 200 domain yet.
It could be a turkeys offspring for all I know.

How can I see 200 value if I dont know how to spot it ?
Why would I take advice from the guy selling it to me in the first place?
If its so good, why is he selling to me and not keeping it for himself for the long term?

When I can answer those questions then Ill know I have the knowledge to buy a 200 domain.

So until then I have to play the numbers game and as I said in my first post in this thread, the chances of making mistakes are much higher depending where you are on the pyramid.

Up until recent weeks I thought DNS meant Do Not Stand.
but this does not mean its my first rodeo.

 

[Jv1999]

No not 200, total acquisition all for under $110 which gives me 14 chances of making back reg fee because im keeping 5 to offload when the time is right.

Now youre talking about spotting value in a 200 VR domain For me thats a no,
because I'm not able to spot value in a 200 domain yet.
It could be a turkeys offspring for all I know.

How can I see 200 value if I dont know how to spot it ?
Why would I take advice from the guy selling it to me in the first place?
If its so good, why is he selling to me and not keeping it for himself for the long term?

When I can answer those questions then Ill know I have the knowledge to buy a 200 domain.

So until then I have to play the numbers game and as I said in my first post in this thread, the chances of making mistakes are much higher depending where you are on the pyramid.

Up until recent weeks I thought DNS meant Do Not Stand.
but this does not mean its my first rodeo.

Dude, i mean, you joined ilke 10 days ago and you're arguing like you know what you're talking about against a Domainer from 2009.... why did you join this forum if you don't want to learn?

If it was that easy to buy ugly names and offload them at $xx, we would all be doing it. From what I've learned, it's hit or miss. You can't just buy a half-good name and sell it for a half-good price. It's either gold or fool's gold.

But imho, VRgui.de is good . If VR becomes hot, that will sell for probably 4-figs.

 

[John0]

Dude, i mean, you joined ilke 10 days ago and you're arguing like you know what you're talking about against a Domainer from 2009.... why did you join this forum if you don't want to learn?

If it was that easy to buy ugly names and offload them at $xx, we would all be doing it. From what I've learned, it's hit or miss. You can't just buy a half-good name and sell it for a half-good price. It's either gold or fool's gold.

Dude who is arguing?
This is a general discussion and Im saying exactly what I need to do to learn. He is saying to go for a 200 domain, but I cant as I dont know how to find the value in a 200 dollar domain. Until I learn.
If anything, Im in complete agreement with him.

 

[MasterOfMyDomains]

But for somebody like me VRGAME is already gone so I have to look for value elsewhere.

You have to?
That's the problem people have to.
You had to have some vr names
So you settled for crap domains.
Then there will be crap renewals.
You may hit on one. But with millions of vr names on the market, better chance Trump will win
5 years ago we never saw crap like this
Domain names seem to be like hockey cards, look what i got?
Look at the big pile of names i have
RelationshipAudit i think i saw on np other day. Time to do a brain audit

 

[Jv1999]

You have to?
That's the problem people have to.
You had to have some vr names
So you settled for crap domains.
Then there will be crap renewals.
You may hit on one. But with millions of vr names on the market, better chance Trump will win
5 years ago we never saw crap like this
Domain names seem to be like hockey cards, look what i got?
Look at the big pile of names i have
RelationshipAudit i think i saw on np other day. Time to do a brain audit

lol... what are hockey cards?

 

[John0]

You have to?
That's the problem people have to.
You had to have some vr names
So you settled for crap domains.
Then there will be crap renewals.
You may hit on one. But with millions of vr names on the market, better chance Trump will win
5 years ago we never saw crap like this
Domain names seem to be like hockey cards, look what i got?
Look at the big pile of names i have
RelationshipAudit i think i saw on np other day. Time to do a brain audit

But thats my problem and I do have to, otherwise how do I learn?
I can keep reading and reading until the cows come home, but for me the way of learning is doing.

For some people reading is great, they learn that way. I cant. I make mistakes, I learn.

 

[mickey-jay]

Because they don't realize they are buying crap in the first place
But even decent domains will be hard to sell. You need great names or you need some luck.
Also, infatuation, addiction, and collectors' impulse seem to be very common problems.

where can one find these great names to purchase. i just flipped a hand-reg domain for $40, intend putting back the returns to purchasing another domain.what will you suggest.

 

[DU]

@David Walker gave me a idea..instead of registering them for a year, register them for longer periods of time. Less domains but can be more selective of what I buy.

One should keep his/her initial budget low, when I started, I asked for $100 but my father gave me $70 only. So I never got to buy too much crap.

You are saying if I limit my budget to a small amount then I will buy less crap. This doesn't solve the actual problem... buying a crap name for 3 years is the same as buying 3 crap names.

If you follow the presumed strategy then you should be resolving the issue which is spending the correct amount on the correct names.

so for short term I think VRgameset is perfectly good one year bet, Its not VRheadset, but I'm not in the market for that name at this stage, and nor will I until I get the knowledge and contacts that you and other long term domainers have access to.
Its not going to get xxxxx and I know that, if I get xx Im happy, if I get xxx Im happy, and if I get xxxx Im happy.

Your trying to run a business on a flawed trickle-down theory. VRGames is a keyword domain that could be used quite effectively. The problem becomes that there's rarely a distinct 2nd/3rd/4th place... there's usually 1,000s of names clamoring for that podium spot. A name like VRHeadset is not a great name to begin with in the resale world for business use. Maybe if it gets traffic, or type-in, or will be a redirect but most people aren't thinking "resale" in that context.

So what business model are you following? If VRHeadset has raw value then you should be taking advantage of that raw value. If you're looking business resale value? You should skip those names and focus on something that makes sense.

I wouldn't set up a store or business on VRHeadset.com. That's an accessory - VRAccessories.com - would make more sense.

No not 200, total acquisition all for under $110 which gives me 14 chances of making back reg fee because im keeping 5 to offload when the time is right.

Now youre talking about spotting value in a 200 VR domain For me thats a no,
because I'm not able to spot value in a 200 domain yet.
It could be a turkeys offspring for all I know.

I agree with this and I'll explain why. A lot of domainers are making money in niche names - few people get there early with names. Some people get ahead of the curve and bank selling to the sheep that are stragglers getting to the herd. Sell enough you bank and roll up to the key names hopefully catching someone who sells high quality under value as the niche hasn't yet hit.

The real goal? Find the people that are heavily investing in the niche and go to the well repeatedly and often. The money to be made in VRGameset was selling it to the domainer that registered MyVRGameset or the guy that has the VRPortfolioSite (who has organized the plan). You can see the success of niches by the number of VRDomain listing sites there are. It's scary how large some are - we're talking 1,000s of names! Often most of those funded by selling 100s of names at $200 a pop to people who aren't smart enough to say no like you.

If a name is a $2000 name and is $200 - that's different. You'll spot them because they're obvious - they are memorable type names. They will NOT be sold to you by people with massive portfolios.

This is micro pump and dump - not on the scale of CHIPs.

If it was that easy to buy ugly names and offload them at $xx, we would all be doing it. From what I've learned, it's hit or miss. You can't just buy a half-good name and sell it for a half-good price. It's either gold or fool's gold.

But imho, VRgui.de is good . If VR becomes hot, that will sell for probably 4-figs.

That's exactly what MOST people do. VRGui.de is crap, imho.

That's the problem people have to.
You had to have some vr names
So you settled for crap domains.
Then there will be crap renewals.

Exactly. Don't be the person on the bottom.

Note:

I am WWD.

 

[imadoer]

becuase they are cheap and its available
most lack the knowledge of what a good domain is
i started out regging crap too... sometimes i still reg crap.. it happens... i step in dog shit too.. it happens.

 

[baseballworld]

One thing most are gonna miss in this thread is some of the inspirational comments. Like harris he started out with a little loan from his father. That will and drive sometimes is all one needs.

 

[briguy]

You are saying if I limit my budget to a small amount then I will buy less crap. This doesn't solve the actual problem... buying a crap name for 3 years is the same as buying 3 crap names.

If you follow the presumed strategy then you should be resolving the issue which is spending the correct amount on the correct names.



Your trying to run a business on a flawed trickle-down theory. VRGames is a keyword domain that could be used quite effectively. The problem becomes that there's rarely a distinct 2nd/3rd/4th place... there's usually 1,000s of names clamoring for that podium spot. A name like VRHeadset is not a great name to begin with in the resale world for business use. Maybe if it gets traffic, or type-in, or will be a redirect but most people aren't thinking "resale" in that context.

So what business model are you following? If VRHeadset has raw value then you should be taking advantage of that raw value. If you're looking business resale value? You should skip those names and focus on something that makes sense.

I wouldn't set up a store or business on VRHeadset.com. That's an accessory - VRAccessories.com - would make more sense.



I agree with this and I'll explain why. A lot of domainers are making money in niche names - few people get there early with names. Some people get ahead of the curve and bank selling to the sheep that are stragglers getting to the herd. Sell enough you bank and roll up to the key names hopefully catching someone who sells high quality under value as the niche hasn't yet hit.

The real goal? Find the people that are heavily investing in the niche and go to the well repeatedly and often. The money to be made in VRGameset was selling it to the domainer that registered MyVRGameset or the guy that has the VRPortfolioSite (who has organized the plan). You can see the success of niches by the number of VRDomain listing sites there are. It's scary how large some are - we're talking 1,000s of names! Often most of those funded by selling 100s of names at $200 a pop to people who aren't smart enough to say no like you.

If a name is a $2000 name and is $200 - that's different. You'll spot them because they're obvious - they are memorable type names. They will NOT be sold to you by people with massive portfolios.

This is micro pump and dump - not on the scale of CHIPs.



That's exactly what MOST people do. VRGui.de is crap, imho.



Exactly. Don't be the person on the bottom.

Note:

I am WWD.

Well every month, I set a budget, so that budget either for buying established domain (auctions etc) and or registering new domains. So basically what I was trying so say..instead of 10 domains for a year..maybe 5 for two years. So basically..I have to be more selective about the 5 cause of my budget. Hopefully that explains my illogical thinking...