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advice Profit in 6 months ?

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Are you satisfied with you sales in 2018 (past 6 months)?

  • This poll is still running and the standings may change.
  • Yes

    29 
    votes
    47.5%
  • No

    26 
    votes
    42.6%
  • Can't say

    votes
    9.8%
  • This poll is still running and the standings may change.

Isac

Top Member
Impact
2,055
Almost 6 months of 2018 has gone and these 6 months there was drought on my sales. I am not able to sell even 1 domain to end user. I am totally depend on reseller market until now. I sold some good domains in a very less price range.

But still i am not in loss but nor profit.

I think i need some change of strategy , that's why i need advice of my friends and experienced persons here.

Advice me

 
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The views expressed on this page by users and staff are their own, not those of NamePros.
I believe domaining success is largely a matter of luck, unless you're dealing in high value/traffic .com names. I also believe end user buyers have more options these days with new TLDs. For example, many startup founders will start out with a .io or a .ly and only if their startup becomes successful will they look to acquire the .com version. This has had a depressing effect on both demand and average sale prices.

However, I still think domains with high type-in traffic have good potential as investments, because you can earn from them while you wait for a buyer.
 
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I believe domaining success is largely a matter of luck, unless you're dealing in high value/traffic .com names. I also believe end user buyers have more options these days with new TLDs. For example, many startup founders will start out with a .io or a .ly and only if their startup becomes successful will they look to acquire the .com version. This has had a depressing effect on both demand and average sale prices.

However, I still think domains with high type-in traffic have good potential as investments, because you can earn from them while you wait for a buyer.

I totally agree with you
 
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Domaining requires a lot of patience. 6 months is nothing. Investments take years to mature.
On the other hand it's a good thing that you are questioning your strategy before you pursue any further.
I would say it depends a lot on which kinds of names you have. Even good names can take a long time to sell because end users will come knocking when they need your domain (or a domain like yours) for an immediate need. So it's about timing too.
 
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Domaining requires a lot of patience. 6 months is nothing. Investments take years to mature.
On the other hand it's a good thing that you are questioning your strategy before you pursue any further.
I would say it depends a lot on which kinds of names you have. Even good names can take a long time to sell because end users will come knocking when they need your domain (or a domain like yours) for an immediate need. So it's about timing too.

Yes thats also right
 
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Most domainers got into domaining because they had some success with websites. There are some that flip $1 domains for $2 and make 100% and some park and earn. Sales can be spread over networks with various means of earning. I have parked domains that pay for themselves and others. Domains can lose you money if your not working to target something.
 
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Most domainers got into domaining because they had some success with websites. There are some that flip $1 domains for $2 and make 100% and some park and earn. Sales can be spread over networks with various means of earning. I have parked domains that pay for themselves and others. Domains can lose you money if your not working to target something.

Yes exactly, even if domain will sit for years they should still give profit through parking or through any other way.
 
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As above, it depends on the quality of the names you are investing in, and what you are doing to market them effectively.

A great portfolio doesn't mean immediate sales, as lot depends on the timing of buyers and ALOT of patience.
 
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Actually. I have dealt with you on a couple of domain sales, and think you have been mature in your dealings. In both cases. Much more than most of the people we deal with here.

I think you should also have your domains posted on Afternic, which also means they will be on GoDaddy, automatically. I'm not sure if when they are listed on GoDaddy whether they have prices or not. But these 2 venues alone have typically generated approx 75% of my sales, every year. Consistently. OK. Commissions are a high 20%, but adding another 25% to your asking price covers that. Typically, my domains are make offer. You have to get used to a lot of tire kickers.

I have not been successful at places like BB. I blame their unfairness in the selection of domains they offer, mostly. And have stopped using them because of that. Personally, I also see a lot of crap quality domains there which are described as "brandable". Heck. Even a Christmas Tree, can be branded as an open air restaurant, or logs for a BBQ Grill. Given BB definitions of "brandability" :)

But good domains will sell themselves. Tacking a fashionable word to the end of a noun/adjective doesn't mean it will ever sell. You need quality and true inventiveness. And a buyer looking for those qualities :)

I don't agree with your thoughts about domains should earn money. You can sit on a domain for 10 years, without it earning a cent in revenue. Before it sells. Which you cannot afford to do with crappy brandables. You need absolute faith in your domains being good, and drop those that you lose faith in.
 
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Actually. I have dealt with you on a couple of domain sales, and think you have been mature in your dealings. In both cases. Much more than most of the people we deal with here.

I think you should also have your domains posted on Afternic, which also means they will be on GoDaddy, automatically. I'm not sure if when they are listed on GoDaddy whether they have prices or not. But these 2 venues alone have typically generated approx 75% of my sales, every year. Consistently. OK. Commissions are a high 20%, but adding another 25% to your asking price covers that. Typically, my domains are make offer. You have to get used to a lot of tire kickers.

I have not been successful at places like BB. I blame their unfairness in the selection of domains they offer, mostly. And have stopped using them because of that. Personally, I also see a lot of crap quality domains there which are described as "brandable". Heck. Even a Christmas Tree, can be branded as an open air restaurant, or logs for a BBQ Grill. Given BB definitions of "brandability" :)

But good domains will sell themselves. Tacking a fashionable word to the end of a noun/adjective doesn't mean it will ever sell. You need quality and true inventiveness. And a buyer looking for those qualities :)

I don't agree with your thoughts about domains should earn money. You can sit on a domain for 10 years, without it earning a cent in revenue. Before it sells. Which you cannot afford to do with crappy brandables. You need absolute faith in your domains being good, and drop those that you lose faith in.

Thanks stub . You have really shared very good points.
 
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Brandable domains are a gamble unless you are targeting brandables which are liquid too, eg: 4L & 5L Pronounciable, bcoz in the very near future there wud be a shortage of these.

Any other brandables are highly dependent on sheer luck as there are too many attractive combinations of these to fall into their trap easily.

My favourite are the keyword domains, atleast you can measure their selling probability by their metrics such as Search Volume, CPC, Competition, Number of tlds registered and number of tlds developed.

But no doubt the new tlds are posing a threat to domainers like me who invest in the good old .com .net and.org.
 
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Almost 6 months of 2018 has gone and these 6 months there was drought on my sales. I am not able to sell even 1 domain to end user. I am totally depend on reseller market until now. I sold some good domains in a very less price range.

But still i am not in loss but nor profit.

I think i need some change of strategy , that's why i need advice of my friends and experienced persons here.

Advice me

Thank you OP for this thread as I'm facing the same problem, since I started domaining about 1.5 years ago, I had only 4 sales, which I think the names I'm buying are still worthless or my strategy is totally wrong while I see in domain names sales page here in NP many few sales monthly for many individuals. I'm trying to find a solution and the given advice here are great.
 
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try to put more capitals and grow your portfolio
 
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Almost 6 months of 2018 has gone and these 6 months there was drought on my sales. I am not able to sell even 1 domain to end user. I am totally depend on reseller market until now. I sold some good domains in a very less price range.

But still i am not in loss but nor profit.

Hi

from your post, I can read, that you are influenced by stories of selling to the "end-user".

the goal, at least for me....should be, selling for the $ amount you have placed on the domain.

doesn't matter who the buyer is, as long as they can pay that price... or come reasonably close to it, where you feel satisfied with the return.

I sold hundreds on names to other domainers and sold names to others, who happen to "end-use" the domain name.
domainers can be "end-users" too. just as some "end-users" also practice domaining.

there is no shame in the game, for doing business with other domainers
so many of them have the resources to buy yours/mine or any other domainers names and can offer a reasonable amount.

then too, a lot are just lowballers intentionally and some by ignorance of value, due to lack of knowledge about domains in general.

if you're still even steven after 6 months, then all you really have to do is increase pricing on the best and liquidate the rest.
don't have to do it all at once, but start the process. :)

Domaining requires a lot of patience. 6 months is nothing. Investments take years to mature.
On the other hand it's a good thing that you are questioning your strategy before you pursue any further.
I would say it depends a lot on which kinds of names you have. Even good names can take a long time to sell because end users will come knocking when they need your domain (or a domain like yours) for an immediate need. So it's about timing too.

what @Kate said above, about having patience and the quality of the domains you own, is the essence of success and sustainability.

if you don't have both or don't .strive for both, then you won't last long.

waiting is big part of it, the time waiting before you make contact and then again during that negotiation, if any.

that's where your patience level will be tested.

Actually. I have dealt with you on a couple of domain sales, and think you have been mature in your dealings. In both cases. Much more than most of the people we deal with here.


I don't agree with your thoughts about domains should earn money. You can sit on a domain for 10 years, without it earning a cent in revenue. Before it sells.

@stub makes good compliment about your maturity, during some sales transactions.

this too, is important part of domaining.

one should always try to be mature and conduct business in a professional manner.

I have sold domans which where held 10 years or more and the didn't earn any significant revenue before being sold.
and also have names for same period which have earned some revenue for the duration.

still, to me, it doesn't appear that you're too far off course, just have to keep practicing your strokes.

imo....
 
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Hi

from your post, I can read, that you are influenced by stories of selling to the "end-user".

the goal, at least for me....should be, selling for the $ amount you have placed on the domain.

doesn't matter who the buyer is, as long as they can pay that price... or come reasonably close to it, where you feel satisfied with the return.

I sold hundreds on names to other domainers and sold names to others, who happen to "end-use" the domain name.
domainers can be "end-users" too. just as some "end-users" also practice domaining.

there is no shame in the game, for doing business with other domainers
so many of them have the resources to buy yours/mine or any other domainers names and can offer a reasonable amount.

then too, a lot are just lowballers intentionally and some by ignorance of value, due to lack of knowledge about domains in general.

if you're still even steven after 6 months, then all you really have to do is increase pricing on the best and liquidate the rest.
don't have to do it all at once, but start the process. :)



what @Kate said above, about having patience and the quality of the domains you own, is the essence of success and sustainability.

if you don't have both or don't .strive for both, then you won't last long.

waiting is big part of it, the time waiting before you make contact and then again during that negotiation, if any.

that's where your patience level will be tested.



@stub makes good compliment about your maturity, during some sales transactions.

this too, is important part of domaining.

one should always try to be mature and conduct business in a professional manner.

I have sold domans which where held 10 years or more and the didn't earn any significant revenue before being sold.
and also have names for same period which have earned some revenue for the duration.

still, to me, it doesn't appear that you're too far off course, just have to keep practicing your strokes.

imo....

You have made an excellent points. Thanks
 
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