- Impact
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i know patience is the key in domaining, but to keep the ball rolling how to manage money flow in domaining?
Don't put all of your money in one bucket. It's easy to fall in love with domains, but as an investment it's important to diversify. Consider real estate, stocks / bonds, and other sorts of traditional investments, along side your investments online. You'll be less likely to do something drastic if one of your investment classes takes a temporary dip.
passive - buying domains that sell themselves over time
active - buying domains with the goal of MKTG them to relevent end users, 1 by 1.
True .can we get more views from full time domainers .Get a job, business, services, freelance or do something creative.
Explore and develop your skills in things that can benefits you to make money and for the future career.
As for me, i realised that i cant grow with domaining alone. I do online business & freelance to keep the bills paid, while i invest my spare time in learning new skills like a design & marketing .
I keep the 30% profit to buy a domain, 50% for my website, 20% spend for courses.
In my opinion domaining is are investment not a business, unless you own a domain company.
Like other types of investment domaining requires a lot of patience, time, money & sometimes luck.
Like other have said dont fall in love in domaining.
Quantity is the correct answer. You cannot create consistent cash flow with domain sales unless you have a sizable portfolio. Parking is different if you have a highly trafficked domain, but the chances of you getting one of those is slim to none these days.
Therefore, the only way is having a domain portfolio of hundreds or thousands of domains. Domain sales can happen daily, but you need a very large portfolio before that will happen, and your portfolio has to be good. You can't hand-register hundreds or thousands of domains and expect to have cash flow. Most hand-registered domains will never sell.
You have to build up a large portfolio over years of picking the best domains at the best prices that you can find.
That's the only way. That's why most domainers do it part-time until they've been able to accumulate a portfolio that is performing consistently and allows them to leave their day job. It's very possible, but it will take time and hard work.
I've just reg 130 names yesterday at $1.69 each.
Thanks!Well done.
.com ?I've just reg 130 names yesterday at $1.69 each
Only .com.com ?
U gonna sell them at after market or publish them