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discuss Another Milestone reached; Completed $100K + USD transaction volume on Flippa

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BuyBrandWeb.com

Praveen ChidaboyinaTop Member
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When I was looking at my transaction on Flippa by this time in 2017(August'2017).. it was $1.6K USD then I have changed the business model and try to flip my half of the acquisitions.

By the end of 2017, I had $29.8K USD of transaction volume and I set my target to reach $100K by the end of 2018 but fortunately, I have reached my target and still four months to go. All domains are acquired at low xxx to mid xxx and sold most of the domains for $3K to $6K USD.

I sold most of the domains to end users and sold FamilyMediators.com to auritmediation.com recently.
Some of the end-user sales are VapingSupplies.com, Leaking.com, RedBrain.com, TechnologyAdvisors.com and more. I have discussed the same on here on Namepros (Part-I and Part-II)

I have also discussed my domaining journey here and It'll be a good read for sure!

I'm happy to help if you need any assistance related to Domaining.
 
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From $1.6K to $100K - That's a great achievement!
 
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Congrats.
 
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Nice job! Any reason for Flippa instead of other venues in your opinion?
 
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All domains are acquired at low xxx to mid xxx
This is the most important thing to take-away from this thread. If you can afford to do a bit of buying you can make some real money. Of course you have to do your research and check domain historys and other stats, but there is a lot of money floating out there by domain owners that will sell great names for small money because they dont understand the art of domaining themselves.
 
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Questions :
- How many companies you had targeted for FamilyMediators.com?
- Ideally how many mails per domain you send? (For an example, For Shooting.net, Migrate.org, FamilyMediators.com, etc)
- Do you do any follow-up when there is no response to your initial mail?

In general, how many times did telemarketing worked while doing outbound?
 
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Nice job! Any reason for Flippa instead of other venues in your opinion?

Flippa shows transaction volume and feedback from previous sales and it has helped me to sell more domains. You can write a good sales pitch and explain how a domain name can be used!

This is the most important thing to take-away from this thread. If you can afford to do a bit of buying you can make some real money. Of course you have to do your research and check domain historys and other stats, but there is a lot of money floating out there by domain owners that will sell great names for small money because they dont understand the art of domaining themselves.

Experience matters and I took almost 3 years to gain enough capital to re-invest then changed business. I don't have deep pockets and so I was trying to acquire domains at closeout or hand registered expired domains on initial days :)
 
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Questions :
- How many companies you had targeted for FamilyMediators.com?
- Ideally how many mails per domain you send? (For an example, For Shooting.net, Migrate.org, FamilyMediators.com, etc)
- Do you do any follow-up when there is no response to your initial mail?

In general, how many times did telemarketing worked while doing outbound?
No telemarketing. It depends on leads. You cannot say 50 or 100. I'll do follow up once or twice (whoever opened my mail for more than 5 times). Most probably at the end of auction!
 
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Congratulations and thanks for sharing
 
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$1.6k to $100k is an amazing success story that will give many domainers feeling in a down period hope. Thank you for being open in both sharing your experience and offering help to others. You have a real talent at picking names end users like, and I instinctively like most of the names that you shared in Part I and Part II (I particularly like RedBrain).
  1. I apologize if I missed this information, but can you tell us what fraction of your entire portfolio has sold in the past year or so? Or does your post mean half has, which would be an amazing achievement!
  2. Also, now that you have achieved the $100k early, what your plans concerning reinvestment and taking some profits for personal use.
 
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Very very motivating!

Just read and re read all of the links provided and you have done a great job.

Hard work, persistence, continual learning and making sure you are liquid are my main takeaways from what you have written, thanks for sharing - appreciate it (y)

Keep up the good work!
 
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Happy to see another success story. I'm sure it will motivate many of us.

Good luck
 
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Great work! Hearty Congratulations !
 
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Congrats!
When it comes to brandables like redbrain.com...how do you find your end users or were most inbound?
 
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Hi Praveen... @BuyBrandWeb.com

This is very motivating and insighfuin at same time...

Thanks for sharing your journey...it clearly shows ups and downs...

Is there any way to contact you..
If possible DM me your email address..

Thanks,
Ravi
 
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Congrats!
It goes to show you get what you put in. And you have put in a lot!
 
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Congratulations. Another target loading I guess.
 
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Amazing story! Thank you for sharing your experience!
 
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Congrats its a huge achievement..
 
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