advice Selling strategy

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Hey Chooi,

First let me say, imo no one way is the correct way. This person may have sold a domain on godaddy, this person may have sold a domain on flippa, facebook etc.There are so many places a sale can happen, but this can only take place where you promote; so it's best to be more places than one.

My advice is to join some domain facebook groups, get crowd appraisals which could help you gauge the interest your domain has with the consumer. Advertising to past clients is always helpful, but be careful not to SPAM.

Add me on Facebook/87names I'll add you to some groups if it helps.

Hello,

I am assuming you are totally new to domains. What makes you think your domains are so great and will even sell at all ?

I have noticed that newcomers focus very much on selling domains, but not enough on doing research in order to buy the right domains. If you buy domains that nobody wants, then you'll make no sales...

Quality > quantity.
Rather than buy 100 domains, buy just one or two. But good ones. Then there is a higher chance you will get sales inquiries and unsolicited offers, and make a sale. Not all domains are equal.

Big portfolio = big renewal fees.
Good luck

Welcome to Domaining my friend.

With all due respect I have to disagree with your "plan for domaining" mate.

First, there are many factors when it comes to domaining and since you are a total newbie, you will have to be very careful.

Few tips:
1. Don't go on buying every domain you come up with.
2. Remember, it's not what "we" like, focus on what "buyers" like to buy when it comes to domain names. For this, you can search various domain tools and auction sites to check and research about sales trends and history (afternic.com, namebio.com are just two sites you can get started with right away.)
3. Like @sdsinc said, focus on buying quality domain names rather than investing in a large portfolio of junk domains (no offense.)
4. Don't be quick in buying domains you "think" are of value to you. Do your research first, then if the next morning you still think the domain is worth registering/buying, go for it. But be good and thorough with your research.
5. Read what reputable and successful domain investors are saying on DomainSherpa.com. Personally I've learned a lot from there.
6. Last but not the least, read this forum as much as you can, I repeat, "read as much as you can.". I am enjoying my learning and sharing experience here and I can surely tell that my domaining skills have been groomed more in couple of months here, since my start back in 2009. So dig namepros deeper and deeper. You are sure to find gold nuggets in every section of this forum.

To sum things up, there's a great post I read here somewhere in which a fellow member has laid out his/her domains into three categories:

1. Liquid domains - to be sold instantly (within a month's time)
2. Short term domains - buy > wait a month or so > then sell
3. Long term domains - mostly future trend related domains mostly

So when you are ready to invest in few many domains, investing in the above-mentioned pattern may be beneficial. I am already working on it since the majority of my domains are long term investments and I find it hard to sell them instantly.

Since I am also (almost) a newbie in domaining, I still hope that these tips would help you as you find your way with domaining.

Good luck,

Niice post @JamesCrew

JamesCrew said:

Welcome to Domaining my friend.

1. Liquid domains - to be sold instantly (within a month's time)
2. Short term domains - buy > wait a month or so > then sell
3. Long term domains - mostly future trend related domains mostly

Click to expand...

Hello and thank you for detailed answer.
But please give me a hint, how can it be possible to sell domain in 1 month? Nobody will find any domain and be interested in it in such short period. Of course if you have something like HTML.com and flipping it you will sell it very quickly. Are you talking about these super-premium domains? Or?..

Could you give me an example of such liquid domains and a way of selling them?


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Thanks to all others for their posts!

As others have stated above, there are other ways to sell domains. What works for one person might not work for everyone so you will have to see what works for you. To do that, read as much information as you can and take notes on different things to try.

I can tell you that the part of your strategy of waiting for people to come to you will only cost you frustration and a lot of renewal fees and/or dropped domains. You simply can't just register domains and hope that someone will come to you.

Do some research and see who potential customers for your domains could be and pursue those potential buyers.

Chooi said:

Hello and thank you for detailed answer.
But please give me a hint, how can it be possible to sell domain in 1 month? Nobody will find any domain and be interested in it in such short period. Of course if you have something like HTML.com and flipping it you will sell it very quickly. Are you talking about these super-premium domains? Or?..

Could you give me an example of such liquid domains and a way of selling them?


---

Thanks to all others for their posts!

Click to expand...

You are welcome mate.

Nope, I was not talking about ultra premium domains. I was referring to domains us domainers hand register or buy from droplist.

From what I have learned about liquid domains, they are domains that can be flipped instantly.

Domains like (but not limited to):
1. Small business domains
2. Hot product/service domains (without any TM issues of course)
3. Generic brandables in any demanding niche.

But then again, it's the quality of names you have in your portfolio. Like I mentioned earlier, the one thing I did wrong was to focus primarily on buying future tech domains. That is why I do not receive any inquiry for these domains (yet.) And that is exactly why I am now focusing on two word generic brandables and some madeup words in brandables. Already have four small business domains but I have different plans for them.

So my suggestion would be to buy in a variety of niches that are hot. And do not focus on the quantity of the domains you own, focus on quality domains.

Let me know if you have any further questions.

Best,

i think you should re-read what @Kate said

stuff about liquid, short and long term will only be confusing, because they aren't being properly explained.

read and learn for yourself, by going thru past sales threads and domains wanted threads.

there you'll see what buyers want and how much they are willing to pay

you'll see what names have sold and possibly for how much.


imo....

Also entering the domain game as the stock market tanks might be bad timing.

So don't reg more than you can handle. Assume you wont sell any of them in the first two years. Reg name that you would have personal satisfaction owning even if there is never a buyer. Later after you know the game better you can expand into names that mean nothing to you.

Good Luck

Seeing stats of previously sold domains can help but like @ulterios said, it's not obvious if something worked for someone may work for anyone.

Learning about different trends, and hot domains is a different thing. But when it comes to investing in domains for the sole purpose of selling, then one simply should do his/her homework way beyond than just checking stats and amount of sold domains. One should buy variety of domains (buy few of course) and it would be great to first study the nice/business/industry carefully before buying any domains. This is where your 'stats checking' thingy will help and reward you in future.

Secondly, times have chanced and from my experience I would suggest what I read earlier in this forum that promote and list your domain on as many platforms as you can (domain marketplaces, flippa domain catalog, your own showcase website, contact potential buyers yourself etc.). Give exposure to your domains and hopefully (and surely) you will lead to sell your domains eventually.

Best,