question How long does it usually take to get a sale?

Mbancolita0 · Nov 10, 2016

Hello Everyone,

I am a newbie to the domaining world, roughly around 2-3 weeks now. I own 8- 10 domain names so far and have them listed in a various market places such as: Sedo, flippa, and Ebay. However, I still haven't gotten my first sale.
I guess I'm asking how long did it take for you guys to sell your first domain?

I know this type of work requires a lot of patience and research, but I'm just itchin to get that first sale so that I don't feel as hesitant reinvesting some more money into it.
The domains I had bought are:
ativex.com
fairfaxhealthclub.com
irvinecosmetics.com
ochealthclub.com
ochelpers.com
ochouse4rent.com
ocshoerepair.com
razorjaws.com
sunygreens.com
booteam.com

I appreciate everyone's opinions and comments(:

DanBingham · Nov 10, 2016

There is no right answer to this question. Think domaining as fishing - you dangle the hook in the water and wait for someone interested to bite! Great that you have them listed on various marketplaces already.

biggie · Nov 10, 2016

Hi

those are basically worth $0

fairfaxhealthclub may have a chance,

the rest, i can't see that far into the future

and that my friend, is why you haven't got a sale yet.

but be patient, cuz damn..... you only been in the game a couple of weeks!

imo....

Kate · Nov 10, 2016

Fact #1: The vast majority of registered domains will never sell.
Fact #2: Most domainers are losing money.
Fact #3: 99% domain quality, 1% luck.
Fact #4: Listen to Biggie.
Fact #5: Patience is indeed required, but it should not be confused with stubbornness: clinging on to bad domains you should have dropped long ago. Patience is only for the good names.

So if you wanna sell names, get yourself great names, not just 'ok' domains. Make sure they are attractive enough, people are not going to buy from you at a premium if they can find available domains of similar quality. A good name should have a pool of potential end users, and not just one 'obvious' end user.
Analyze reported sales, find out what sells (and what doesn't). Read NP a lot and suck up all the knowledge and experience.
Then go back to the drawing board. Ask yourself if you would buy your own names from yourself. Or would you just settle for some domain that is free to register ? Can you see a real business using these names for a real venture in the real world ? Good luck.

briguy · Nov 10, 2016

Mbancolita0 said:
Hello Everyone,

I am a newbie to the domaining world, roughly around 2-3 weeks now. I own 8- 10 domain names so far and have them listed in a various market places such as: Sedo, flippa, and Ebay. However, I still haven't gotten my first sale.
I guess I'm asking how long did it take for you guys to sell your first domain?

I know this type of work requires a lot of patience and research, but I'm just itchin to get that first sale so that I don't feel as hesitant reinvesting some more money into it.
The domains I had bought are:
ativex.com
fairfaxhealthclub.com
irvinecosmetics.com
ochealthclub.com
ochelpers.com
ochouse4rent.com
ocshoerepair.com
razorjaws.com
sunygreens.com
booteam.com

I appreciate everyone's opinions and comments

Just a few thoughts of how to use the names to MAYBE get some sales
ochealthclub(dot)com Orange Country Health Club?
ochelpers(dot)com Orange Country Helpers?
ocshoerepair(dot)com Orange Country Shoe Repair?
razorjaws(dot)com Name for app?

Michael · Nov 10, 2016

For an average quality portfolio the passive sell-through rate is around 1-2%. That means if you own 100 domain names, you may expect to sell one or two per year passively. Sitting and waiting is a numbers game, statistically based on the size of your portfolio you could be waiting 10 years before you make a passive sale, and honestly it might never come based on those names.

You can improve the sell-through rate by purchasing higher quality domains, by having a much larger portfolio, or by searching Google for potential buyers and contacting them. If you attempt the latter, make sure there are no trademark issues, and always try to find the right person to contact at the company (heads of division, marketing, legal, etc). Keep the email short and sweet, maybe even pick up the phone.

I would recommend you try outbound sales first. It has the best odds of giving you a taste of success quickly, and you'll also learn very fast what sells and what doesn't which means you'll spend smarter moving forward. I would not recommend you try to build a big portfolio and hit scale before you've learned what makes one domain valuable and another domain junk. Buying higher quality domains on venues like NameJet, Flippa, GoDaddy auctions etc. is a good idea, but is still risky before you fully understand the business.

You have both a quality and quantity issue at the same time, so your odds are not good of ever having a passive sale, at least not before you lose interest in domain investing. It isn't the ugliest portfolio I've ever seen though, some have a few end users you could reach out to. This leads me to a good point, before you buy a domain check who you're going to sell it to. If there aren't at least a half dozen good prospects don't buy it.

Shameless plug: Play our mobile game, it's a free way to learn which domains sell for a lot and which sell for a little. Keep playing until the sales stop seeming random as hell and start to make sense

Mbancolita0 · Nov 11, 2016

Michael said:
For an average quality portfolio the passive sell-through rate is around 1-2%. That means if you own 100 domain names, you may expect to sell one or two per year passively. Sitting and waiting is a numbers game, statistically based on the size of your portfolio you could be waiting 10 years before you make a passive sale, and honestly it might never come based on those names.

You can improve the sell-through rate by purchasing higher quality domains, by having a much larger portfolio, or by searching Google for potential buyers and contacting them. If you attempt the latter, make sure there are no trademark issues, and always try to find the right person to contact at the company (heads of division, marketing, legal, etc). Keep the email short and sweet, maybe even pick up the phone.

I would recommend you try outbound sales first. It has the best odds of giving you a taste of success quickly, and you'll also learn very fast what sells and what doesn't which means you'll spend smarter moving forward. I would not recommend you try to build a big portfolio and hit scale before you've learned what makes one domain valuable and another domain junk. Buying higher quality domains on venues like NameJet, Flippa, GoDaddy auctions etc. is a good idea, but is still risky before you fully understand the business.

You have both a quality and quantity issue at the same time, so your odds are not good of ever having a passive sale, at least not before you lose interest in domain investing. It isn't the ugliest portfolio I've ever seen though, some have a few end users you could reach out to. This leads me to a good point, before you buy a domain check who you're going to sell it to. If there aren't at least a half dozen good prospects don't buy it.

Shameless plug: Play our mobile game, it's a free way to learn which domains sell for a lot and which sell for a little. Keep playing until the sales stop seeming random as hell and start to make sense

May I ask what you mean by outbound sales ?

Mbancolita0 · Nov 11, 2016

I appreciate everyone's comments guys, now I have a better idea on what to look for thanks (:

Candace · Nov 11, 2016

Mbancolita0 said:
May I ask what you mean by outbound sales ?

"Outbound" refers to the idea of reaching out to potential end-users, usually by email. Although, you can call as well if you feel comfortable with calling.
For example, for 'FairfaxHealthClub.com", you can
1. Use Google to find all the health clubs in fairfax,
2. Use whois email address, or data.com or google ["@domainnamedotwhatever" email] to find email addresses for decision makers within the company. Either way, come up with a list of relevant contacts to email.

Send a professional email asking if they would be interested in the domain. Be sure to use the person's name if you can find it and try NOT to send mass emails. You can use Streak.com for Gmail to track your emails to see if it was opened.

That's merely the basics of outbound. There are threads on NP that gives you tips.

Mark White · Nov 11, 2016

These names haven't sold YET some are better then others. you can use different extensions, (suffixes) and different languages. you may gravitate to a pacific niche, as you will see my niche happens to be "5G" some good some not. I've had some success with not so good domains as well.. here's a example of a small portfolio.( I will omit the suffixes) 5gsolar. 5ght. copia3d. 5gmobilfunknetz. 5gsmartbattery. 5gselfdrivingcar. 28002. 60670. 5gbreitband. 5gpaint. 5gmodembox. 5gfiberoptic. 5gtelco. pekingchina. porndotcom. 8888dotcom. aparatos5g. cloud2cloudapp. fortune100 frbnygold.

frank-germany · Nov 11, 2016

expect to wait for 10 years
and delete all names that are not worth $1K USD
- in your case : all -

168 · Nov 11, 2016

Try brandbucket for

ativex
razorjaws
sunygreens (you may also have interest from the pot industry) or on the cannabis threads here on NP

anything geo related definitely outbound queries like Candace suggested.

Cheers

Mbancolita0 · Nov 11, 2016

168 said:
Try brandbucket for

ativex
razorjaws
sunygreens (you may also have interest from the pot industry) or on the cannabis threads here on NP

anything geo related definitely outbound queries like Candace suggested.

Cheers

my ativex.com just actually got accepted on brandbucket!

garptrader · Nov 12, 2016

A few years ago it was generally believed that average domain portfolio turn was about 1-2% annually. For each 100 domains in an investor's portfolio, they might sell one or two domains. Thus, to merely break even, that one sale might have to pay for the renewals on all the other domains. Better-quality portfolios might see more inquiries, negotiate higher average sales prices and also earn parking revenue. New TLDs have given potential buyers many more choices and I believe have sent average portfolio turn below prior levels. Most people looking for a domain name have no interest in paying a premium price for a domain and even those who are willing to open their wallet for a domain name are rather demanding in what they will pay money for. At 1% average turn, after ten years a 100-domain portfolio will still retain most of the original portfolio unsold. Realistically, after five years most domainers will reevaluate their portfolio and start to cut lower-quality domains. Otherwise, the investment cost escalates.

imadoer · Nov 12, 2016

How long does it usually take to get a sale?

Depends on the name. With the domains u have I cant see a sale in the future...Before buying domains
TRAIN YOUR BRAIN.... learn what a good domain is.. Once you establish that. Figure out what is a good reseller price to pay for it....Then figure out what to sell it for. If u can buy right (under reseller value) u can sell domains to resellers or at auction right away. But if u buy wrong u can be stuck for a while. So my advice put credit card on hold for a while and get your learn on.

CHB777888 · Nov 18, 2016

5 tried-and-true tips for buying and selling domain names for profit

This article is on Godaddy and has some good advice! Search Google to find it. Cheers!

jamaltq · Nov 18, 2016

Beside the quality, the reasonable asking price is very important factor.
for example If you are asking for the domain $1k while it is not worth more than $50, then you will wait forever to sell it.

johnn · Nov 18, 2016

There is no answer for this question because it may take

from 1 day to 10 years

DanBingham · Nov 18, 2016

johnn said:
There is no answer for this question because it may take

from 1 day to 10 years

Or never if you get it all wrong!

Federer · Nov 18, 2016

Those that have not amassed quality portfolios over the years should consider setting weekly outbound marketing objectives - but it is vital to experiment with low-cost product/service .COM domains first to get the feel of the market and see which names are inherently more valuable to end users across certain industries.

Speaking from experience, 35-50 emails/domain (marketing 4-5 domains/day - max. 1.5-2 hours) is usually enough to produce at least 1 solid sale in the sweet spot range: $250-$750.

ResoluteDomains · Nov 18, 2016

Mbancolita0 said:
Hello Everyone,

I am a newbie to the domaining world, roughly around 2-3 weeks now. I own 8- 10 domain names so far and have them listed in a various market places such as: Sedo, flippa, and Ebay. However, I still haven't gotten my first sale.
I guess I'm asking how long did it take for you guys to sell your first domain?

I know this type of work requires a lot of patience and research, but I'm just itchin to get that first sale so that I don't feel as hesitant reinvesting some more money into it.
The domains I had bought are:
ativex.com
fairfaxhealthclub.com
irvinecosmetics.com
ochealthclub.com
ochelpers.com
ochouse4rent.com
ocshoerepair.com
razorjaws.com
sunygreens.com
booteam.com

I appreciate everyone's opinions and comments

15 years ago when I began, it took me 3 months to sell a name after I listed my portfolio on Afternic.

Cdomains · Nov 18, 2016

DefinitelyDomains said:
There is no right answer to this question. Think domaining as fishing - you dangle the hook in the water and wait for someone interested to bite!

Yes, it is definitely like fishing.

Domaining is like a big crap shoot - you never know who and when someone will be interested in a domain you own.

If you own a domain at the time someone is looking for that domain you will get the sale.

You might drop a domain and then the next owner could get the sale you missed because they own the domain when a buyer comes along.

That being said, if you have really sh*tty domains you may never sell one.

Mbancolita0 said:
ativex.com
fairfaxhealthclub.com
irvinecosmetics.com
ochealthclub.com
ochelpers.com
ochouse4rent.com
ocshoerepair.com
razorjaws.com
sunygreens.com
booteam.com

The domains you listed are sh*tty domains and will never sell.

The only one that could sell, but has the smallest chance is fairfaxhealthclub.com.

The best chance you have with this one is to do outbound marketing and even then it will be hard to sell or get a good price for it.

I suggest you read this forum and learn a little more before you waste your money.

elevator · Nov 19, 2016

This is a question of demand and supply. I f you have a domain that some one need, it doesn' t take time to sell domain. But if you have a domain that is not needed, one can wait till eternity.

VaibhavA · Nov 19, 2016

Welcome aboard.

Happy domaining!

winst · Nov 19, 2016

Years ago right after I bought a dropped name, an end user contacted me offered to buy the name for $6000. I bought it thinking it was a person's name, but the buyer bought it as 2 words, well 1 word with acronyms. So I think there is a great deal of luck in this business.

question How long does it usually take to get a sale?

Established Member

Top Member

GreenFriendly.comTop Member

Domainosaurus RexTop Member

Guru In Remission!Top Member

NameBio.comTop Member

Established Member

Established Member

Broker at Starfire HoldingsTop Member

Established Member

domainer since 2001 / musicianTop Member

Top Member

Established Member

Top Member

Top Member

Established Member

Top Member

WeSellName.comTop Member

Top Member

Top Member

Top Member

Top Member

DNCombo.comTop Member

Top Member

Established Member

Similar threads

We're social

Pinned

Appreciation

Agreement