DomainMarket.com CEO Mike Mann revealed yesterday via Twitter that he is just 526 domains away from owning a portfolio of 350,000. This is a phenomenal milestone that just a handful of people will ever achieve, but it does come at a steep cost, literally. Aside from acquisition fees, annual renewal fees on a 350,000 strong portfolio will be significant.
According to DomainIQ, most domains owned by Mike are currently registered to eNom. The current renewal fee for eNom listed on their website is $13.95, which would equate to $4.88 million per year in renewal fees if all of Mike's 350,000 names are .COM. With such a substantial portfolio, it's fairly likely that there will be a discount on domain renewals. However, even at an average of a $5 renewal (this is purely hypothetical, I am aware of Verisign’s fee structure) fee per domain, that still works out at $1.75 million per year.
Of course, Mike makes regular four, five and six-figure sales, but these are required when operating such a large portfolio. Being successful over a period of time with a 350,000 portfolio takes skill, bravery, and substantial knowledge.
Here are this week's Top Topics.
List Your 5 Best Hand Reg Domains
Hand registering a domain name, the practice of registering a new domain name at a registrar, can be a profitable business strategy for domain investors, who buy low and sell the names in the three to four-figure range.
In this discussion, domain investors are invited to list five of their hand registered domains that they'd consider to be their best. What are your five best hand registered domains?
Topic by: @NicTraders
Poll: What is Your Participation Level?
There are thousands of active members of the domain name industry, with varying goals and various reasons for participating. For some, this is a full-time venture providing their main source of income, whilst for others, it's a hobby with no clear goals to make a profit.
In this week's featured poll, TheDomains.com's editor Raymond Hackney (@equity78), asks investors to disclose their participation level in the industry. As of writing, the majority of voters are part-time domainers.
Topic by: @equity78
Are Random Four Character Domains Worth Anything?
An investor has the opportunity to acquire a "random" four-character domain name and is looking for advice from experienced investors on their potential value. Seemingly random four-letter domain names can be valuable if they have a potentially desirable letter sequence such as BJJX.com, which sold for $11,800 earlier this year.
Four-character domains, a mixture of letters and numbers, can have value especially if there is a clear pattern. I, for example, sold CM88.com for $5,000 a couple of years ago thanks to the "88" pattern. Anyone looking to acquire four-character domain names needs to do thorough research beforehand, as this discussion clearly demonstrates.
Topic by: @Jetheat
A List of Places to Sell Domains
Domain name investors have a number of marketplaces to work with in order to sell their domain names. Leading sales platforms such as Sedo and Afternic benefit from registrar partnerships that allow listed names to be seen by thousands of potential buyers every day, whilst the likes of BrandBucket and BrandPa cater to brandable domain owners.
Here is a discussion that you might want to bookmark since investors are putting together a considerable list of outlets to sell your domain names. This includes newsletters, auction houses and registrars.
Topic by: @falez
Top Topics of the Week is a blog series featuring the most popular discussions and content within the domain community. Tune in weekly to see what’s trending
According to DomainIQ, most domains owned by Mike are currently registered to eNom. The current renewal fee for eNom listed on their website is $13.95, which would equate to $4.88 million per year in renewal fees if all of Mike's 350,000 names are .COM. With such a substantial portfolio, it's fairly likely that there will be a discount on domain renewals. However, even at an average of a $5 renewal (this is purely hypothetical, I am aware of Verisign’s fee structure) fee per domain, that still works out at $1.75 million per year.
Of course, Mike makes regular four, five and six-figure sales, but these are required when operating such a large portfolio. Being successful over a period of time with a 350,000 portfolio takes skill, bravery, and substantial knowledge.
Here are this week's Top Topics.
List Your 5 Best Hand Reg Domains
Hand registering a domain name, the practice of registering a new domain name at a registrar, can be a profitable business strategy for domain investors, who buy low and sell the names in the three to four-figure range.
In this discussion, domain investors are invited to list five of their hand registered domains that they'd consider to be their best. What are your five best hand registered domains?
Topic by: @NicTraders
Poll: What is Your Participation Level?
There are thousands of active members of the domain name industry, with varying goals and various reasons for participating. For some, this is a full-time venture providing their main source of income, whilst for others, it's a hobby with no clear goals to make a profit.
In this week's featured poll, TheDomains.com's editor Raymond Hackney (@equity78), asks investors to disclose their participation level in the industry. As of writing, the majority of voters are part-time domainers.
Topic by: @equity78
Are Random Four Character Domains Worth Anything?
An investor has the opportunity to acquire a "random" four-character domain name and is looking for advice from experienced investors on their potential value. Seemingly random four-letter domain names can be valuable if they have a potentially desirable letter sequence such as BJJX.com, which sold for $11,800 earlier this year.
Four-character domains, a mixture of letters and numbers, can have value especially if there is a clear pattern. I, for example, sold CM88.com for $5,000 a couple of years ago thanks to the "88" pattern. Anyone looking to acquire four-character domain names needs to do thorough research beforehand, as this discussion clearly demonstrates.
Topic by: @Jetheat
A List of Places to Sell Domains
Domain name investors have a number of marketplaces to work with in order to sell their domain names. Leading sales platforms such as Sedo and Afternic benefit from registrar partnerships that allow listed names to be seen by thousands of potential buyers every day, whilst the likes of BrandBucket and BrandPa cater to brandable domain owners.
Here is a discussion that you might want to bookmark since investors are putting together a considerable list of outlets to sell your domain names. This includes newsletters, auction houses and registrars.
Topic by: @falez
Top Topics of the Week is a blog series featuring the most popular discussions and content within the domain community. Tune in weekly to see what’s trending
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I had missed one of these until your post.
