strategy Strategy to sell domains at least 50-100$

[ImperiousDon]

Can you give me some advice ?

 

[Kate]

In my humble opinion, the OP should not bother with low-value sales. Make your time worthwhile. Unless you want to get your feet wet because you are a beginner and you want to build some trader rating on NP. I understand that.
But you will have to raise the bar for yourself quickly. At the same time, people need to be realistic. If you have low value names, liquidate them for what they are worth ie $50 or $100. If you have good names, hold out for more.
But do yourself a favor, be selective when buying names. At least buy names that are worth renewing. Don't buy crap just because it's cheap. Crap is not rewarding.

Also, domainers do not value their time like they should. Research takes a lot of time, handling sales takes times too.
But most likely you will struggle to find buyers, you will waste money on names that nobody wants and in the end you will not sell enough names to be profitable. You'll waste time too, so think again.

 

[Brands.International]

In my humble opinion, the OP should not bother with low-value sales. Make your time worthwhile. Unless you want to get your feet wet because you are a beginner and you want to build some trader rating on NP. I understand that.
But you will have to raise the bar for yourself quickly. At the same time, people need to be realistic. If you have low value names, liquidate them for what they are worth ie $50 or $100. If you have good names, hold out for more.
But do yourself a favor, be selective when buying names. At least buy names that are worth renewing. Don't buy crap just because it's cheap. Crap is not rewarding.

Also, domainers do not value their time like they should. Research takes a lot of time, handling sales takes times too.
But most likely you will struggle to find buyers, you will waste money on names that nobody wants and in the end you will not sell enough names to be profitable. You'll waste time too, so think again.

Nothing more to add to that, that is a perfect summary

As a new domain investor you will be simply buying bad domain names anyway, there is no way around it. First year or two of renewal cycles will teach you few important lessons, and then you will be improving quality of your portfolio, dropping bad names, and renewing your good ones.

But at least remember this: it is better to buy 2-3 good names, then to buy 500 bad names which you will drop in year or two without any profit, only with huge loss. And try to aim higher then on $50-$100 sales - you will get only tired and frustrated when operating on this level. The best is NOT to be selling to your fellow domain investors, the best is to buy high quality names and sell them directly to end users. So quality, quality and quality - it rules.

 

[Brands.International]

yup

Apologize for the audio quality, we'll have a better setup this year

Nice video, and particularly what can be interesting for many beginners is the information about pricing "sweet spot" for rmost .com domains considering such a large portfolio.

Definitely worth watching particularly when you invest in .com (where there is a simple renewal structure of 8-10 USD yearly renewal). If you invest in new gTLDs, you would need to put much more emphasis on different renewal fees for various extensions, which is an additional variable to be considered, but for .com names I think this can be very good way to go.

 

[Recons.Com]

To each their own.

I value my time highly, as I can make $xxx/hr from non domain related work, so for me it doesn't make sense to hunt for 1-5 dollar deals.

I prefer reseller prices at gd and dyna, but with the benefits of consolidation, fast transfer, keeping reg history etc.

This gives me near 50% return on my investment passively and I would not bother to buy a name if I would not think I can sell it for xxxx.

Guys who sell at 20-80 percent for xx don't factor in the time spent. If they pay themselves $5-10 per hour, they would discover that they are not really making much on top of that

 

[briguy]

Can you give me some advice ?

First off, I read all of the thread so far.
Just my opinion, a few heavy weights have posted (you don't get the PRO badge cause you are super good looking like me!) and they each have their own style (metrics) and all...believe this is a full time job/career for them!

Now a light weight like me to basically answer @ImperiousDon question...is eBay!

Also I am assuming that $50/100 is lot to you (I just spent a little more on a circular saw blade.)...hope I am not the only one...
..

 

[poweredbyme]

Can you give me some advice ?

Sell those low priced domains passively at marketplaces with no minimum fee. I would recommend namesilo marketplace. Try to acquire domains with some traffic and use the official namesilo landing page as it will process payment and transfer securely and instantly with no effort on your side (you can sell while you sleep )

If you keep the price low and if the domain has some traffic, one of the visitors will more likely to buy it especially if the price is under $100. Try to acquire domains with some traffic. If you hand register try to register domains with some type-in traffic potential or register dropped domains with some history. Otherwise you should spend too much time to find a buyer.

 

[Michael Ehrhardt]

Register cheap
Many good names still available
Park on Uniregistry
Go outbound
Knock on the door
Build a network on LinkedIn

 

[domeen]

Register cheap
Many good names still available
Park on Uniregistry
Go outbound
Knock on the door
Build a network on LinkedIn

If you want to be successful do nothing like that!!! Thats a good example how to be not successful

 

[briguy]

If you want to be successful do nothing like that!!! Thats a good example how to be not successful

Even the "network" part?

 

[domeen]

Even the "network" part?

Yes! Why you need network? Your sales should be end-user based. You sell one domain and never see the buyer again!

 

[briguy]

Yes! Why you need network? Your sales should be end-user based. You sell one domain and never see the buyer again!

Okay trying to understand your point..other than using Sedo/Godaddy/Afternic/etc, how do you make sales without networking?

I know that the successful full time domainers use their Twitter/FB/LinkedIn/etc accounts to let other domainers (followers/etc) know that they have domain(s) for sale!

Even on Namepros, I get messages from members that I know professionally that either tell me that they have a domain for sale (in my niche), where a deal is and or I ask them if they know anyone in their circles that might be interested in what I am selling..

Maybe my understanding of networking different than yours?

 

[domeen]

I know that the successful full time domainers use their Twitter/FB/LinkedIn/etc accounts to let other domainers (followers/etc) know that they have domain(s) for sale!

Even on Namepros, I get messages from members that I know professionally that either tell me that they have a domain for sale (in my niche), where a deal is and or I ask them if they know anyone in their circles that might be interested in what I am selling..

Maybe my understanding of networking different than yours?

Show me one successful domainer that dose that! And show me one successful domainer who hangs in namepros and messages you about some niche domains!
Thanks

 

[briguy]

Show me one successful domainer that dose that! And show me one successful domainer who hangs in namepros and messages you about some niche domains!
Thanks

Are you actually asking me to show you my private emails..are you serious?

Just a twitter example
https://twitter.com/michaelcyger?lang=en
https://twitter.com/Frank_Schilling?lang=en

Google

 

[domeen]

Are you actually asking me to show you my private emails..are you serious?

Just a twitter example
https://twitter.com/michaelcyger?lang=en
https://twitter.com/Frank_Schilling?lang=en

Google

No I am not asking to show anything!

What are they selling in twitter? I mean Frank Schilling? Is he selling domains at twitter? I think not! Mayne promoting his new tld stuff, but that needs promotion

 

[Nezam Uddin]

No I am not asking to show anything!

What are they selling in twitter? I mean Frank Schilling? Is he selling domains at twitter? I think not! Mayne promoting his new tld stuff, but that needs promotion

They buy domains which are of the quality to receive regular inbound. They do use social media for outbound but obviously they don't tweet out in a 'for sale' manner.

 

[domeen]

They buy domains which are of the quality to receive regular inbound. They do use social media for outbound but obviously they don't tweet out in a 'for sale' manner.

Selling domains to another domainer dosen’t make you successful domainer!

 

[boker]

Selling domains to another domainer dosen’t make you successful domainer!

I've made xxxxx profit last year just by selling to other domainers, that means that I was not successful? If I would have a blog I would have been more successful? What about the Booth brothers and others like them, who sell and buy domains at xxxxx-xxxxxx to/from other domainers, are they successful? What about if you make 2000 more than you have paid for, selling to other domainers, will that make you successful?

 

[domeen]

I've made xxxxx profit last year just by selling to other domainers, that means that I was not successful? If I would have a blog I would have been more successful? What about the Booth brothers and others like them, who sell and buy domains at xxxxx-xxxxxx to/from other domainers, are they successful? What about if you make 2000 more than you have paid for, selling to other domainers, will that make you successful?

Making xxxxx in year dosent make you successful! Its just peanuts. You would be making xxxxxx selling to end users

Thats what I am saying you do not need blog!

Booth brothers are not domainers. They are brokers.

And no making 2000 more selling to other domainers dosent make you succesful!

Thanks

 

[boker]

Making xxxxx in year dosent make you successful! Its just peanuts. You would be making xxxxxx selling to end users

Thats what I am saying you do not need blog!

Booth brothers are not domainers. They are brokers.

And no making 2000 more selling to other domainers dosent make you succesful!

Thanks

I'm talking about pure profit...and I wonder how could you sell the same domains in a single first year by selling to end users. I know that you are selling mostly domains bought 10 years or more. So waiting 10 years for making xxxxxx profit it's worth it, comparable with making xxxxx selling in the first year and reinvest that amount? It's pure math...count that xxxxx amount, reinvested over and over for 10 years and you will have the final result. We are not even talking about domains that could loose value in this time and domains which you will not sell ever in your life...if you add them to the total you will see what means successful.
No, they are not just brokers, they are domainers as well, you can't broker your own domains, they own a few hundreds domains.

 

[domeen]

I'm talking about pure profit...and I wonder how could you sell the same domains in a single first year by selling to end users. I know that you are selling mostly domains bought 10 years or more. So waiting 10 years for making xxxxxx profit it's worth it, comparable with making xxxxx selling in the first year and reinvest that amount? It's pure math...count that xxxxx amount, reinvested over and over for 10 years and you will have the final result. We are not even talking about domains that could loose value in this time and domains which you will not sell ever in your life...if you add them to the total you will see what means successful.
No, they are not just brokers, they are domainers as well, you can't broker your own domains, they own a few hundreds domains.

They are brokers! Owning couple hundred domains dosent make you an domainer!

Selling domains to other domainers dosent make you successful. Its simple math!

Thanks

 

[boker]

They are brokers! Owning couple hundred domains dosent make you an domainer!

Selling domains to other domainers dosent make you successful. Its simple math!

Thanks

We will have to take it as it is...and believe your statement,without any other explanation. Maybe sometimes in the future you will explain us exactly how works your math regarding being successful or not in domaining and also maybe we will have an official definition of a domainer, at least we will know who is one and who's not.

 

[Windoms]

Well at least we all agree that the goal is to acquire very nice domains and sell them to end users for top $. If you are in a position where you succeed at selling to other domainers in order to invest, that can also be successful.

 

[rohitgoyal]

Can you give me some advice ?

Well there is no single strategy . Further Every one has their own strategy and no one is wrong in that..
I personally deal in hand register domains and purchase around 300 domains per months (geo and keyword)... normally I sell around 10% of the same via outbound and I have a dedicated team for the same. I sale 50% to resellers in low to mid xx range within first few months itself... I hold 5-10% for long term as u do get such decent domains even in daily expiry list... lastly I drop 20% of the remaining lot or sell at namepros for 1-2$ each.
My average acquisition cost is $4 and average end user sale price is $300 and reseller price is $20 so in nutshell I am in healthy profit on monthly basis...
However it didn't happen overnight and it took over a year to reach this stage...

 

[domainer111]

Can you give me some advice ?

The best platform for selling domains (not too surprisingly as it's the biggest site in the space) is Godaddy/Afternic.

The minimum price is $250 on Afternic. So this is your absolute minimum. You then need to make sure the landing page correctly displays the price.

As you hopefully get going in domaining, you will realise there are a lot of businesses and individuals with a lot of cash that need great domains.

You can then adopt a multi-price strategy.

Other than that, you can try NamePros forums - if it's really good name, you can get over $100 for it on NP. But it's hard even to sell a name for $20 on NamePros forums, sometimes.

 

[DrJacoby]

The minimum price is $250 on Afternic.

Not true. They charge 20%, $15 minimum, in commission. I think their minimum price is $50.