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Another thread that asked people to list their 5-L .com domains got me wondering if they are in fact a total waste of money for most people. Some of the names listed were truly terrible.
Let's do the math. There are 11,881,376 possible combinations of 5L .com domains. Namebio shows that just over 4,000 have sold this year. The top sale was voice.com and that is indeed an awesome name. But what about the average 5L domain that most people buy?
Well, if around 4,000 of these domains sell every year, it will take around 3,000 years to sell the whole lot. In other words, there is a 1 in 3,000 chance of selling a random 5L domain in the next year.
Many of the 5L names I see people buying and trying to sell are worse than average in my opinion (feel free to disagree).
So if you have a 5L domain how do you plan to sell it when you probably only have a 1 in 3,000 chance of selling in the next year?
The odds are hopelessly against you. Most people are just wasting their money registering these domains.
I hope this post will make people stop and think and also save them some money.
Let's do the math. There are 11,881,376 possible combinations of 5L .com domains. Namebio shows that just over 4,000 have sold this year. The top sale was voice.com and that is indeed an awesome name. But what about the average 5L domain that most people buy?
Well, if around 4,000 of these domains sell every year, it will take around 3,000 years to sell the whole lot. In other words, there is a 1 in 3,000 chance of selling a random 5L domain in the next year.
Many of the 5L names I see people buying and trying to sell are worse than average in my opinion (feel free to disagree).
So if you have a 5L domain how do you plan to sell it when you probably only have a 1 in 3,000 chance of selling in the next year?
The odds are hopelessly against you. Most people are just wasting their money registering these domains.
I hope this post will make people stop and think and also save them some money.
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