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The domain gravy train has passed

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MapleDots

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https://fragerfactor.blogspot.com/2018/08/hows-that-million-of-yours-coming.html

I don't know what domains the author owns but my sales will make his pot investments look meager.

He should look at getting a better portfolio instead of telling people domaining has passed. With the right domains you can still do very well. Problem is so many people now own below average domains. Domaining has not passed, it's like everything else.... either you're good at it or you're not.

Feedback from members please
 
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The views expressed on this page by users and staff are their own, not those of NamePros.
its not even about being good or not

its purely about how much time you put into it... just like everything else in life, basically.

if you spend 1 hour a month domaining, you get nothing out of it.


nuff said
 
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People's opinions many times are based on their own experience. So for him it may have passed. Back in day on the affiliate marketing forums, we had a few times a year, affiliate marketing is dead or dying posts. It usually was for the person making the post.
 
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So, I'm supposed to invest in marijuana stocks instead of domaining? I don't think so ...
 
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So, I'm supposed to invest in marijuana stocks instead of domaining? I don't think so ...

The problem is that everyone and there grandma is going to invest into marijuana so the window of opportunity is very narrow. It's like investing in beer today.... the market is stagnant.
 
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Overall domain name sales are in the dumpster. Who doesn't know that? :whistle:
 
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https://fragerfactor.blogspot.com/2018/08/hows-that-million-of-yours-coming.html

I don't know what domains the author owns but my sales will make his pot investments look meager.

He should look at getting a better portfolio instead of telling people domaining has passed. With the right domains you can still do very well. Problem is so many people now own below average domains. Domaining has not passed, it's like everything else.... either you're good at it or you're not.

Feedback from members please
You are either in or on your way to the top 0.0001% of domainers or you aren't. If you are not, be or become a profitable hobbyist or live in a developing country with minimal expenses.

If you fit none of the above, you make registrars rich and yourself poorer. Good day.
 
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So the guy was in domain investment, but his website is on blogspot? Or is that Blog's Pot? :-D
 
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The linked article did not give me confidence in anything the writer wrote, including the title. It did not deal with domains (except in title) and in this post seemed to be pushing a get rich scheme in the way of penny stock 'newsletters' of old, lacking balance, insight or objective evidence - simply hyperbole.

My own views on the topic @MapleDots asked?
  1. Except possibly for those in very early days or in high profit parking era there never was a domain gravy train.
  2. Overall domain investing profitability is probably similar over the last 5 years.
  3. A very small percentage of domain investors, mainly but not exclusively those handling high premium domains, have done very well and still do so. There is an intuition that is rare and powerful that a tiny elite few have and they consistently obtain good returns.
  4. The majority of domain investors lose money. For most not much loss, and not losing every year. While possibly there is not loss based purely on domains, there certainly is when associated costs and a rate for time is included.
  5. Revenue from associated activities (consultant work, monetized writing, brand protection work, speaking or training, analysis, domain appraisal, development work, etc.) is an important part of the revenue stream of most in it full time.
  6. Those seeking investment returns without work should not be in domains. They should buy index ETFs!
 
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The guy is just trying to get people to invest in a Canadian weed company. No thank you.
 
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Nothing wrong with investing in Canadian weed companies, but calling domain investing a "gravy train" is a bunch of bs- it implies that domaining at some point was easy. It has never been and never will be. Even at the beginning it was not.

However, there is a gravy train for stocks, and that is right at the beginning, when they are selling for pennies. And unfortunately, the ship for Canopy sailed long ago, bye bye.. There are people who bought in at 30 cents a share just a few years ago, and this dude is buying in for >$30? Nothing beats domaining, nothing can be compared to it. Yes run to crypto or stock if you can't handle missing the gravy train and making your own gravy.
 
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Great Topic, to be honest, I regret letting someone tell me that a few years back so I vanished from here shortly after signing up in 2014 but as I get older I see so many people say that stuff about any industry.
The profit train for xxxxx is over blah blah. As others have suggested I have a renewed zest for a couple of reasons I kind of had to out of necessity for a client and started researching again. I also used to have a certification and helped clients in a corporate gig doing PPC management and Analytics but stopped around the same time because of the hype about Ai taking over and market being flooded. I decided to hire a biz coach and he is not even in this biz but was like why would you stop those things still lucrative. Like anything its often a matter of how hard you are willing to work to learn to be better and to master the craft. I was shocked after re-entry into doing AdWords management and SEO for clients in the last 6 months how many people are still so incompetent and have the same certifications I do. I'm finding higher paying and long-term clients again because they can tell with my results I know what the f....Im doing. There will always be a demand if you're not lazy and dont have a weak mind. Ai is cool and all but as many have now seen I am sure in here when using bots to do Appraisals and such its no bueno most of the time. Ai still has a long ways to go to understand especially more complex clients and industry slang.
 
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a bunch of stupid shit IMO, Haters are still well and alive, nothing has changed in that respect, The few that i know are domaining full time as their lively hood are still running excellent volume of sales, restocking inventory takes more capital today than it did 10 years ago, but overall nothing has really changed. i still get offers weekly on my names, although i don't sell much, I am not trying to sell. sales appear to be pretty steady, and inventory is pretty readily available.

Stupid Shit IMO
 
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Reactions tell a story. The fact that so many domainers are so defensive about one guy sharing his opinion about the state of domaining is very telling.
 
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People's opinions many times are based on their own experience. So for him it may have passed. Back in day on the affiliate marketing forums, we had a few times a year, affiliate marketing is dead or dying posts. It usually was for the person making the post.

I know I'm getting off the topic here, but man affiliate marketing is a huge chunk of my income for my build out sites these days. It's nearly as much as I make from my full time day job (that I plan to leave soon). For me, that has honestly been a better investment than domaining has as I haven't had to invest money in most cases just some time up front creating content. Domaining isn't too far behind, but it does involve more work in my opinion.
 
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@LeapNames -The same here, It is my four highly developed websites that i make money from, but for me, it has always been that way, website development and multiple streams of income from my sites, I went from adsense , YPN, shareasale, clickbank,and ect. Today, I am a direct affiliate with a few companies, much better, complete transparency.

The few i know who exclusively sell domain names are doing very well, my sites are making steady sales, i am buying domain names, it is all good IMO
 
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I know I'm getting off the topic here, but man affiliate marketing is a huge chunk of my income for my build out sites these days. It's nearly as much as I make from my full time day job (that I plan to leave soon). For me, that has honestly been a better investment than domaining has as I haven't had to invest money in most cases just some time up front creating content. Domaining isn't too far behind, but it does involve more work in my opinion.

Yep, that's where I got my start at back in 2002. Even back then, a few times a year we would have affiliate marketing is dead/dying threads and it was usually for the person starting the thread. The reality is people are making a living with affiliate marketing, with domaining. It's good to be diverse, like .x. said, multiple streams in case one dries up.
 
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when i entered the domain industry, let me rephrase that, when i came to NamePros, I was dabbling with domain names, I didn't have a clue as to what i was doing, i knew nothing about website development, i really knew nothing period. So what the first thing i wanted to do? Sell domain names, flip names, that seemed like an easy way to make some money. Boy was i wrong, there was nothing easy about it, and i wasn't good at it either, i kept trying to buy and sell domain names, after all, i saw many here doing it and being successful, Then i finally came to the realization that .X. is not a domain flipper-reseller.

So i hung around here trying to find something that i might be able to do, I started hanging out with site developers in the chat room, A couple of us banded together and started developing some names into websites, PHP was just getting really hot as the code, well, i wasn't a good coder either, so i was wondering, am i decent at anything within the industry, it was then that i found my niche within the domain industry, i was good at researching, listing and placement of affiliate marketing.

At this point i had finally found something i could do to at least be a contributor to website development, As time went on, my peeps and i went on our own ventures, they had taught me enough that i could hold my own.

Today, I am not partnered with any other domainers in development ventures or otherwise, I do not sell domain names, I buy them, but very rarely sell them, I contacted companies, a few i have even met with personally, showed them my prior production with my websites, traffic, sales, leads, and ended up hooking up with these companies as a sole proprietor sales representative for them.

My point of all this, if you are failing at one niche in the domain name industry, there are many more to try. find your best niche within the industry and move forward, find your niche, don't stay stagnant , work hard. and most of all, have fun and enjoy domaining.

I don't domain full time, I am not that good at it, But domaining helped fund my own family business, a music instrument store, which is my full time job, but without domaining, i doubt the the music instrument store would have happened,
 
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when i entered the domain industry, let me rephrase that, when i came to NamePros, I was dabbling with domain names, I didn't have a clue as to what i was doing, i knew nothing about website development, i really knew nothing period. So what the first thing i wanted to do? Sell domain names, flip names, that seemed like an easy way to make some money. Boy was i wrong, there was nothing easy about it, and i wasn't good at it either, i kept trying to buy and sell domain names, after all, i saw many here doing it and being successful, Then i finally came to the realization that .X. is not a domain flipper-reseller.

So i hung around here trying to find something that i might be able to do, I started hanging out with site developers in the chat room, A couple of us banded together and started developing some names into websites, PHP was just getting really hot as the code, well, i wasn't a good coder either, so i was wondering, am i decent at anything within the industry, it was then that i found my niche within the domain industry, i was good at researching, listing and placement of affiliate marketing.

At this point i had finally found something i could do to at least be a contributor to website development, As time went on, my peeps and i went on our own ventures, they had taught me enough that i could hold my own.

Today, I am not partnered with any other domainers in development ventures or otherwise, I do not sell domain names, I buy them, but very rarely sell them, I contacted companies, a few i have even met with personally, showed them my prior production with my websites, traffic, sales, leads, and ended up hooking up with these companies as a sole proprietor sales representative for them.

My point of all this, if you are failing at one niche in the domain name industry, there are many more to try. find your best niche within the industry and move forward, find your niche, don't stay stagnant , work hard. and most of all, have fun and enjoy domaining.

I don't domain full time, I am not that good at it, But domaining helped fund my own family business, a music instrument store, which is my full-time job, but without domaining, i doubt the the music instrument store would have happened,
Its a good point also if there are certain topics that someone bought to work on because they thought it was popular vs a topic or domain they were passionate about makes a big difference. Its easier to give up sometimes because then we don't have to feel we're to blame for the failure.
 
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You are either in or on your way to the top 0.0001% of domainers or you aren't. If you are not, be or become a profitable hobbyist or live in a developing country with minimal expenses.

If you fit none of the above, you make registrars rich and yourself poorer. Good day.

You are either in or on your way to the top 0.0001% of domainers or you aren't. If you are not, be or become a profitable hobbyist or live in a developing country with minimal expenses.

If you fit none of the above, you make registrars rich and yourself poorer. Good day.

Or, in my case, become a (marginally) profitable hobbyist AND move (someday) to a developing country. :xf.grin:
 
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Reactions tell a story. The fact that so many domainers are so defensive about one guy sharing his opinion about the state of domaining is very telling.
Its not about being defensive its about making stupid statements and people that make them known and calling them out so people are providing support to the community where others that might read that and want to give up.
 
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