Daniel Albrecht
Established Member
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If you could invest 2,000. What would you look for?
@Bob Hawkes Yes, as in any business there is a certain degree of risk involved in the premium acquisitions. One strategy is to acquire premium or ultra-premium domains for product development and sell on the way or use them for your products in the worst case. The bottom line is, one should know what/why he/she is acquiring, should know how to sell or know how to put them to use for their benefit.If one goes a liquid premium, while you will be able to sell it, you must be very sure you got it at a great price or you run a risk of loss. If not liquid, then even at a 5% sell through rate, odds are about 20 years to sell. Are we sure that branding trends will not change in that ten years? If not, I see risk that what is regarded as quality today, may not be so when the domain is likely to sell.. Now that is true for all domain name types but I just prefer not to put all of my investment on just one domain name.
If you could invest 2,000. What would you look for?
There will be a lot of (l)earnings ahead. But there could also be a lucky shot. What kind of news-pages/-papers do you read?
I will like to know your strategiesI would buy around 100 names for $20 each (average) and hopefully sell around 5 of them for up to $2,000 each. It's a strategy that's worked for me in the past. Just got back into domaining after a break.
Basically I just look for closeout domains on GoDaddy, cheap domain on here, etc. I try to pay around $10-$30. I only buy .com names, as I think they're easier to sell and I don't know enough about any others. When I choose a name I try to make sure that there are at least a few end buyers that I can imagine. So maybe .net and .org are already in use or the name is just a decent business name. I try to avoid names that sound nice but don't have any business use. I keep things pretty simple.I will like to know your strategies
OK I got itBasically I just look for closeout domains on GoDaddy, cheap domain on here, etc. I try to pay around $10-$30. I only buy .com names, as I think they're easier to sell and I don't know enough about any others. When I choose a name I try to make sure that there are at least a few end buyers that I can imagine. So maybe .net and .org are already in use or the name is just a decent business name. I try to avoid names that sound nice but don't have any business use. I keep things pretty simple.
The reason I'm buying low priced domains is because I'm still learning. I reckon I'll learn more buying 100 names for $20 each than buying 4 names for $500 each.
I'm planning to do this until early next year and then take stock and see if it's worth continuing.
I also have a few other projects/experiments on the go, so will drop those that aren't working. If one thing really takes off I'll focus on that exclusively.
Basically I just look for closeout domains on GoDaddy, cheap domain on here, etc. I try to pay around $10-$30. I only buy .com names, as I think they're easier to sell and I don't know enough about any others. When I choose a name I try to make sure that there are at least a few end buyers that I can imagine. So maybe .net and .org are already in use or the name is just a decent business name. I try to avoid names that sound nice but don't have any business use. I keep things pretty simple.
The reason I'm buying low priced domains is because I'm still learning. I reckon I'll learn more buying 100 names for $20 each than buying 4 names for $500 each.
I'm planning to do this until early next year and then take stock and see if it's worth continuing.
I also have a few other projects/experiments on the go, so will drop those that aren't working. If one thing really takes off I'll focus on that exclusively.