It's Hard to buy good name now.

[GeorgeQuang]

Hey everyone, i'm just a rookie. I started investing in Domain late - 2017, so i just have a small portfolio ( about 400 domains). Recently, i realized that it's too hard to buy a good name now. Why ?
1> GoDaddy Expired Auctions : as you know, HugeDomains gets 40% -50% good domains, 20-30% will belong to big players ( who has big pocket - huge capital to burn), and the rest belong to us. You can see some names below with their prices.
ensureit.com $175
searchmind.com $295
deyde.com $215
ablepower.com $425
aceadvisory.com $117
innovacenter.com $120
bellecreative.com $127
crownalliance.com $127
corptex.com $273
2> Dropped List : nowaday, we can't find many high quality domain names on dropped list because of the increasing of Drop Catching systems.
- With individual domainers: they prefer to pay 59$-79$ for the name that they think it good enough than wait and reg it on Dropped List.
- With Domain Companies: they have their own Registers, so that they can catch expired names quickly. And the rest in Dropped list almost are junks.
3> Auctions : people now become crazy in bidding war. They are willing to pay more and more money for a name that has bids despite its quality. If you want to get a good one, you must pay more 30-40% than before.
Domain's price now is crazy.
So what do you think ?

 

[platey]

Cool :D i remember that some one said " The 10k offer comes from rejecting 1k 2k 3k offers".
But you just only say "NO" if you believe that you domain is quality enough.
I say NO some times, and the endusers disappeared after that

You only have to look at the domain sales thread on here and read the stories of the negotiation of buyers initial offer and what the domain investor counters with etc and counters again and again and then the seller reveals the final sold price which is usually way above initial offer price which only comes about because seller refuses to accept an offer for less than seller thinks domain is worth buy quality know that you have bought quality and sell for the price that those who buy quality can afford

 

[Smiles76]

You only have to look at the domain sales thread on here and read the stories of the negotiation of buyers initial offer and what the domain investor counters with etc and counters again and again and then the seller reveals the final sold price which is usually way above initial offer price which only comes about because seller refuses to accept an offer for less than seller thinks domain is worth buy quality know that you have bought quality and sell for the price that those who buy quality can afford

I've also seen countless cases of the opposite happening where domainers end up losing out on sales and struggle to ever find another buyer for that domain. There are countless domainers who will go to their grave with domains because they ignored the market and insisted on getting their "asking price".

 

[platey]

Many domain names portfolios will never ever get to make a profit from original investment

There is one domain I would love to own but will never get to own which somewhat annoys me lol

 

[Kuffy]

It's still possible to pick up reasonable names for a bargain price. I've just acquired CryptoBounty.com for a nominal fee. It is a former crypto gambling site, so I may have to do a bit to clean up the name with some of the ISPs and search engines, but I thought it would make a good information site.

I think the important thing now is to have self-control. There seem to be quite a few reasonable looking names appearing on the drop and expired list, and one needs to remeber that there is a reason for them being there. If the name gets onto a list for the "bottom feeders" like me, there must also be a reason for the name being ignored by the larger and richer players. You need to be careful before you grab that name, and run a few checks before you hit the buy button. If the name is toxic, then be prepared to quarantine it, and keep it for a year or two whilst you clean it up.

 

[domainer111]

<quote>
I've also seen countless cases of the opposite happening where domainers end up losing out on sales and struggle to ever find another buyer for that domain. There are countless domainers who will go to their grave with domains because they ignored the market and insisted on getting their "asking price".
</quote>

So true. "Half a loaf is better than no bread" as the old saying goes.

 

[urlurl]

those who take their names to the grave - are the ones who over paid on an auction in the first place and are to stubborn to take a hit on the name selling it, lol

 

[Kuffy]

I still haven't worked out what people consider to be a "good" name. Obviously there are high end names that are unlikely to be available for reg fee or low prices - names like LasVegas.com and Insurance.com, and intermediate names like PayDayloans.com and performancecars.com.

However, there still seem to be reasonable names that are perfectly usable that can be found for reg fee, or for low dollars. My last two reg fee names are what I consider to be good -
RegValue.com - probably most valuable for selling car number plates, but also usable in the domain industry
OffgridCamper.com - this is a fast growing market sector as people try to escape the current housing problems.

My $1 purchases are even better in my opinion.

 

[GeorgeQuang]

Yes, there are still gems in Dropped List, but it's decreasing day by day. We can't make money with only limited sources like Dropped Domains.
My two last reg :
RigSearch - cool for Rig Builder
LogCentre - maybe using for Logging Companies or Logistics Companies.

 

[imc]

A good name is the one that sells for a price of your reasonable expectations. Most domainers will carry their portfolio to the grave, unsold. Fact.

 

[Cdomains]

I see this same complaint posted every year.

There has always been a lot of competition.

One thing is different though - the prices for decent names and crappy ones are definitely going way up.

 

[Haykay2005]

Very interesting topic here

 

[ben pedri]

A good name is the one that sells for a price of your reasonable expectations. Most domainers will carry their portfolio to the grave, unsold. Fact.

How can they carry them to the grave if their dead?
http://makeagif.com/gif/weekend-at-bernies-dance-iSK_1s

 

[creataweb]

How can they carry them to the grave if their dead?

They use the pallbearers.

 

[imc]

How can they carry them to the grave if their dead?
http://makeagif.com/gif/weekend-at-bernies-dance-iSK_1s

lol. That's funny. You know, ask family members to drop them regd names spreadsheets in the casket.

 

[Kuffy]

One of the problems that domainers have is that we have to constantly check availability. NamesFromTheGrave.com is available, and I confess that I was tempted. I thought " what a great name for selling dropped names", and I could carry on selling as long as I had WormFi working in my coffin.

Fortunately I resisted, and registered another yachting name instead.

 

[Sophia Alice]

Sell those 400 domains for a decent price and buy a good llll.com or a liquid domain and then sell it ..now u have a big amount .. buy a bigger one ..flip it again

The saga continues and you will be able to buy a good number of Big domains

 

[Kuffy]

There seem to be a lot of usable names dropping at the moment. I'm going to close my dollar account, and spend the money buying dropped names, or low value ones. If I can double my money, then It's beter than paying bank charges to transfer the funds. I'm not in a hurry to sell, so I should do a lot better than doubling my money.

 

[Bob Hawkes]

Defeatist attitudes are prevalent - remember, though, human creativity is boundless. There will always be a demand for creative domain names, as millions of companies are founded globally each and every day. Healthy parts of both luck and skill will always prevail!

I agree 100% with your view about human creativity and always a demand for creative names.

I think your estimate of millions of new companies created every day is high, though. I think the total number of active companies in the world is in the hundreds of millions (admittedly hard to estimate - I tried here: http://namesthat.win/misc/wp17001.html). I'm going to update it increasing my estimate based on numbers in next paragraph.

After writing that I found a source saying there are now 73 million companies in China, and since they represent roughly 1/4 of population in world, perhaps suggest a few hundred million companies (could argue a bit higher).

I realize businesses start and stop, but I don't think there are millions new every day.

Thanks,

Bob

 

[Joshua Harding]

I agree 100% with your view about human creativity and always a demand for creative names.

I think your estimate of millions of new companies created every day is high, though. I think the total number of active companies in the world is in the hundreds of millions (admittedly hard to estimate - I tried here: http://namesthat.win/misc/wp17001.html). I'm going to update it increasing my estimate based on numbers in next paragraph.

After writing that I found a source saying there are now 73 million companies in China, and since they represent roughly 1/4 of population in world, perhaps suggest a few hundred million companies (could argue a bit higher).

I realize businesses start and stop, but I don't think there are millions new every day.

Thanks,

Bob

It may have been a bit of hyperbole so as to spark a bit of conversation . Thank you for genuinely looking into the numbers, though - very interesting to see!

 

[urlurl]

This has all the makings of another buyer frenzy... remember the 5L and the NNCC/CCNN craze.

People are getting all excited thinking they just found gold - to later realize they are not liquid names, they won't be able to quickly flip them (at least at these auction prices) and it may take years before they can sell any of them to end users... if at all!

 

[BrandCougar]

When I hear "its hard to buy good names now" - I get excited!

Difficulty = Opportunity

Why do I say that?

If it is difficult for us (as professional domainers) to find names, it is likely getting more difficult for end users to find them too.

Scarcity and difficulty provides an environment where we (as domainers) can provide services.

I also find that too many individuals focus 90% of their time on the buy side (it's easy to spend money) rather than spending 90% of their time on the sell side (bringing in cash-flow).

I've read the 3,300 posts on the "How to Find End Users" thread and so much of the conversation is around outbound emails which is viewed by many buyers as spam these days.

It seems like outbound emails is an uphill push marketing approach.

Lately I have been focusing more on content marketing, more of a pull marketing approach where the content pre-qualities the buyers. I also get much less hate mail this way.

It seems to be working which is why I am expanding into more seed sites to capture leads and push those leads via call to actions to my sales landing pages.

I am glad to hear of scarcity and buying difficulty. It rings the dinner bell for me as newbies buy names and later dump them on sites like NamePros when mass renewals come due and their cash is tight.

 

[urlurl]

very true, i've picked up names here on NP for a small fraction of what they would have ended at expired/drop auctions.

im surprised at some of the names that are getting bids, some are obvious winners, but ive seen a lot of names that wouldn't even warrant a hand reg (at least by me) getting bid up to the $xxx's -

 

[Want2learn]

Yes, there are still gems in Dropped List, but it's decreasing day by day. We can't make money with only limited sources like Dropped Domains.
My two last reg :
RigSearch - cool for Rig Builder
LogCentre - maybe using for Logging Companies or Logistics Companies.

When I was new to domaining I would have registered names like these two, but they are junk names that will likely never sale. You have to focus on quality names.

 

[Kuffy]

I guess you could use Rig builder for a site discussing the building of raspberry pi mining rigs, but this is becoming less profitable, and I'm not sure of the best sponsors for a site like this.

 

[GeorgeQuang]

When I was new to domaining I would have registered names like these two, but they are junk names that will likely never sale. You have to focus on quality names.

I guess you could use Rig builder for a site discussing the building of raspberry pi mining rigs, but this is becoming less profitable, and I'm not sure of the best sponsors for a site like this.

Honestly, i bought RigSearch like a gamble because i thought that there are some people want to start their Rig Building entrepreneurs due to the revolution of CryptoCurrency. And maybe it could be used in Oil Rig Industry. But totally, it's a gamble with 8.47$ cost.
For LogCentre, there are some Potential Buyers for it. Log can be Logs (Timber or Wood) or maybe acronym of Logistics.
- thelogcentrelimited.com
- brightonlogcentre.co.uk
- logcentre.kz
- logcentre.ru
Last night i catch XpertOffice.com and PremiumSoda.com