strategy Strategy help for making 10k usd Per month from domaining

[Domain Monk]

Here is mine

$1000 from parking
$2000 from outbound
$5000 inbound
2000 from brandable marketplace


What kind of portfolio size will i need to achieve this, What would be your strategy ?

 

[DrJacoby]

I don't understand. Are you making $10k/month, or are you just fantasizing about it?

 

[domain hacks]

I don't understand. Are you making $10k/month, or are you just fantasizing about it?

Probably wet dreaming

 

[Furquan]

Here is mine

$1000 from parking
$2000 from outbound
$5000 inbound
2000 from brandable marketplace


What kind of portfolio size will i need to achieve this, What would be your strategy ?

You will probably achieve it but only I have doubt about $1000 parking revenue.

 

[domeen]

Probabbly 3-4k domains. At reseller price level $1000 each. So around $4 000 000 initial investment

 

[Kate]

Becoming a registrar ?

 

[GoKaizen]

Or registry.

Becoming a registrar ?

 

[Media King]

Or registry.

or ICANN

 

[alcy]

very misleading title.. and or post.

putting that aside.. if you want 10k per month form domain revenues.. then why should you even care abotu the breakdown or where each thousand comes from.

 

[maxjohan]

Good luck waiting for inbound if you are not willing to invest $XXX,XXX... the only true thing on the list is outbound and then you need to work a numbers game. Along with owning domains that are valuable.

 

[Haris]

I think I can make 10k per month through outbound alone if I try.

 

[maxjohan]

I think I can make 10k per month through outbound alone if I try.

I think I could too but only for like a month. Problem is stress for me. But after reading your message I realized I can ousource outbound to cheap labor countries. Maybe find someone reliable for $500 a month to send out personalized messages.

 

[Recons.Com]

I am averaging $10K+ from portfolio of around 1500 names (brought to 1800 in last couple of months).

No outbound, no parking, combination of inbound + brandable marketplaces + Afternic/GD fast transfer. Roughly, 40%+25%+35% in $.

 

[maxjohan]

I am averaging $10K+ from portfolio of around 1500 names (brought to 1800 in last couple of months).

No outbound, no parking, combination of inbound + brandable marketplaces + Afternic/GD fast transfer. Roughly, 40%+25%+35% in $.

What price range do you sell names for and how many a month do you sell an average month?

 

[Recons.Com]

What price range do you sell names for and how many a month do you sell an average month?

numbers for 2018:

3 sales per month
Price range $1250 to $22500
Average price around $3500
Most names sold in $1800 to $2500 range.

 

[Domain Monk]

I am averaging $10K+ from portfolio of around 1500 names (brought to 1800 in last couple of months).

No outbound, no parking, combination of inbound + brandable marketplaces + Afternic/GD fast transfer. Roughly, 40%+25%+35% in $.

AquisAcquis cost per name on average of 1.5 k names

 

[Recons.Com]

AquisAcquis cost per name on average of 1.5 k names

Average would be misleading. Right now I have already 1800+ names (although average holding for 2018 is probably closer to 1300). About 300 of them probably have average acquisition cost in $400-500 region, the rest have been acquired for reg fee to closeout range to under $100. Let's say, average of $30.

So, I estimate around $200K invested, 50%+ return on capital employed.

 

[BuyBrandWeb.com]

Parking is dead so minus $1000 usd
Not much sales from brandables

You should have high quality domains to generate 10k usd and you need to pass on few names to have liquidity..

I wish you all the best

 

[Walter Eason]

Well,It's possible with a good amount time in doing outbound. i heard domain parking is dead so you might wanna cut that down.

 

[farouk20]

I think I could too but only for like a month. Problem is stress for me. But after reading your message I realized I can ousource outbound to cheap labor countries. Maybe find someone reliable for $500 a month to send out personalized messages.

Would be lovely, i can run this service for you if your serious.. should pm's start flying?.... #nokiddin

 

[farouk20]

Average would be misleading. Right now I have already 1800+ names (although average holding for 2018 is probably closer to 1300). About 300 of them probably have average acquisition cost in $400-500 region, the rest have been acquired for reg fee to closeout range to under $100. Let's say, average of $30.

So, I estimate around $200K invested, 50%+ return on capital employed.

Where do you list the ones with $400-$500 acqusition cost? On brandable marketplace(s)?

 

[Recons.Com]

Where do you list the ones with $400-$500 acqusition cost? On brandable marketplace(s)?

The high cost ones are not listed on brandable ones. For example, I have about 240 LLLL.coms, but only 2 are listed with BB (one was purchased listed already and the other one I added in the very beginning). To list there, I'd need to have proper stats which the marketplaces don't provide. I list them on Afternic for $3K to $25K most. Now the brandable marketplace should be able to provide either better sellthrough by about 35% or the same sell through and better price by about 35% or mix of both.

Maybe, they do. I am contemplating adding about 25 to BR and 25 to BP to test this.

Just to give an example, I sold one via sedo broker and netted $15K. That name would have been listed for around $7-8K at BB and they would have paid me net of around $5K. Another name was binned at AN and I got around $18.7K from 22.5K. Even if it would have been listed at that price at BB, I'd get around $15K net. And if the name was discovered at Fast transfer network instead of typing in, then maybe there would have been no sale at all.

 

[.X.]

I would take all expenses into consideration as well, Reinvesting, your time is worth money of course, many-many people never account for their time spent finding new acquisitions, parsing drop lists, doing spread sheets and all that good stuff that goes along with business.

To buy and sell, develop and ect to turn a steady 10K a month, you are going to first need some capital to fund these things, revolving capital would be the key to continuing the 10K a month, keep in mind, when you purchase domains from auctions, people can find out easily what you payed for the names, that can present a problem in negotiations with a potential buyer, so your hold time per name may play a factor in your actual monthly revenue.

Developing websites that generate multiple streams of income is somewhat the same, some months will be better than others, going the Amazon.com and affiliates as such, is profitable for sure, but tedious and very competitive, being a direct affiliate with companies is far better, direct affiliation with companies is hard to establish, it took me almost 10 years before i could get direct affiliation with companies for my websites. although profitable, it takes a some hours per month, i spend around 3 hours per day on my websites to keep inventory and additions up to date, and i work a day job of 40 + hours a week/ not domaining.

It sounds like @Recons.Com is rolling, great to hear @Recons.Com! keep that momentum going! Outstanding!

@Brand Ultra , Keep your sights and motivation, it is very-very-very hard to accomplish a 10K a month income steadily in domaining, not many have what is really takes to accomplish the task, me being one. best of luck to you, stay focused and give it your best shot.

Oh yeah, and forget domain name parking, it is a pain in the ass today, the parking companies and upstream providers are on life support. not worth even messing with, your time is money.

 

[Recons.Com]

@.X. thank you very much! I believe I have a proof of concept by now and can scale up expecting similar/better results going forward. If I maintain about 2% sell through I am having, I'll need around 10 000 names to have a sale every other day

 

[TOP gTLD]

Probabbly 3-4k domains. At reseller price level $1000 each. So around $4 000 000 initial investment

Damn, that's cold Even feels like the nick is misspelt, Do-mean?