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question Why are hundreds of thousands of Quality Domain's not sold?

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ThatNameGuy

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I've been at the domain game now about two years, and while that's given me time to accumulate about a thousand quality domains (told by NP brothers and sisters), the sell through rate is absolutely deplorable.

A lot of domainers like to compare the domain industry to the real estate industry, but there's no comparison imho. Why do you think the real estate industry, the insurance industry, the automobile industry, the financial services industry spend Billions (not millions) of dollars every year to sell their products/services?

It's pretty obvious that even quality domains don't sell themselves, thus if you're going to make it in this business you better learn how to market/sell your own domains or find someone who can.

The days of only "inbound" marketing doesn't work for most domainers, and it never will. Not having an "outbound" strategy is a lot like not having an offensive strategy in team sports. Can you imagine relying on your defense to score all your goals/points?

The point of this thread......there has to be a better way? and just like I know I have a portfolio consisting of quality domains, I know there's a better way to sell domains. I started a thread a few day ago based on the following Podcast; https://domainnamewire.com/2020/01/13/saw-com-dnw-podcast-268/ but few NP members noticed it:xf.frown: However, one key and influential member Rob Monster of Epik noticed it immediately. The thread had everything to do with "outbound" strategy recognized by the founders of Saw.com when they referred to "Smiling and Dialing" and "Dialing for Dollars" as keys for their success.

I've reached out to help the founders of Saw.com, but apparently they don't need my help, or somehow they feel threatened by me:xf.confused:...that's their choice. NP members, help me help them by sharing your thoughts(y) It's time we went on OFFENSE!
 
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The views expressed on this page by users and staff are their own, not those of NamePros.
Joe...your "subtle" insinuations cause consternation. Let me give you an example, if you were to "insinuate" that I'm a racist, I'd figuratively rip your head off, similar to what you would do to me if I insinuated something about your mother. I wasn't born yesterday Joe, and I'm savvy enough to read between the lines. I should demand an apology from you, but you're not gentlemen enough to offer one.

I take it rather personal when someone like you questions my integrity. Now that I've questioned yours, it's your turn:xf.wink:
Certainly not questioning your integrity, Rich. Just hoping to keep the discussion from getting personal.

I think one of the biggest issues with discussing things over a forum is that criticisms can often be taken as personal insults (or insinuations) even if they aren't meant that way. I think that's what has happened here.

Like I said before, even though I may disagree with your opinions, and will press for details when none are provided, I wish you only the best in life and in domaining.
 
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The point of this thread......there has to be a better way?

1. find a profitable niche / nature of the business
2. recognize active empty space
3. why would they choose this (name/s) space?
4. cover all the bases / names (reg. , acquire)
5. email, call, by post - 1x only (PDF presentation [learn about, practice before])
6. they will recognize that you're the one who speaks the same business language
7. you have one chance so make it count $ (don't be naive nor greedy)

Regards

aaa.jpg
 
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Why are hundreds of thousands of Quality Domain's not sold?
Because it is a niche market and 99.999% of the people cannot afford to spend money on this wordy BS game.
They have to meet their basic needs first!!
You think someone living in Haiti,Honduras or in the refugee camps really care about domains?
The cost of registering one domain $10 USD is like between eating or starving....
99.999% of 7.7 billion = 7,699,923,000

7,700,000,000 - 7,699,923,000 = 77,000

So you are saying that only 77,000 people can afford to buy domain names?
 
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99.999% of 7.7 billion = 7,699,923,000

7,700,000,000 - 7,699,923,000 = 77,000

So you are saying that only 77,000 people can afford to buy domain names?

whatever...but you know the drift.
99.999999% of the people cannot afford to buy or don't care about domain!!
 
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I don't understand why there's so much praise for DAN and similar sites on here.

End user buyers are not browsing for domains there, they offer almost zero exposure, and then want a percentage of a sale.

Just use NameSilo. They have free privacy, cheap domain renewals and offer a free For Sale page that handles the entire buying process and only take 7.5%

List your domain for free on Afternic (NameSilo partners with them for auto transfer) so it will show up on GoDaddy and other popular domain registrars and marketplaces.

Popular is the keyword. It doens't matter what marketplace you like, it matters what marketplace the end user likes. Non domainers, the end users who will spend the most for your domains are not on sites like DAN, they are on sites like GoDaddy looking for a domain because they heard about GoDaddy and domains from a super bowl commercial.

You sir are EXACTLY right about "end users" not knowing anything about the domain industry. This truly is an industry (secondary domain market) that's "hidden in plain sight". Whether it's because I'm older(72 years young), or the fact that I've started, operated and NAMED dozens of businesses since 1970, I'd never heard of "Undeveloped" aka DAN, Sedo (the Jet Ski people:xf.wink:), Huge Domains, Uniregistry, "Afternic" aka Go Daddy or even Dominion Domains (hidden in plain site in my home town). And it's mostly these companies who are responsible for the "hoarding" and "scalping" of domains. As a whole, most of these companies have a lock on the "secondary market", and as a whole I find them to be extremely arrogant. You might say as a whole they have a monopoly to the detriment "end user" consumers. I've personally witnessed the arrogance and what I consider to be unethical behavior of my local registry/registrar Dominion.domains aka "DominionDomains.com" (a domain I bought just to give to them because I thought they should own it:xf.confused:) At first they said they didn't want it, then after they hired a consultant who happens to post on the NP message board, they decided they needed it:xf.rolleyes: When I gave it to them, the only thanks I got is when they tried to extort $64,000 from me for a domain I could have bought from them, HomeSweet.homes for just $85 a year earlier. Of course I refused to buy it, and when they learned just how pissed off I was they offered to give me the domain, and much to their surprise I refused it. Why did I refuse it? You might say it has everything in the world to do with ETHICS!

I have first hand experience with the "hoarding" and "scalping" that occurs in this industry, and I have no qualms about calling Dominion Domains out for their participation, their arrogance and their unethical behavior. Therein lies one of the main reasons why "Hundreds of thousands of Quality Domains are Not Sold", and to understand my mindset, therein lies a HUGE OPPORTUNITY in my honest opinion:xf.smile:
 
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The plan might be to eliminate the domainers as middlemen and just charge thousands of dollars for each domain by the registry.:ahhh:

IMO
oldtimer and Bob Hawkes...after Verisigns comments about domainers being "hoarders" and "scalpers", I understand they got quite a bit of blow back from the industry as a whole. Bob, when we were at Namescon in Vegas this time last year I asked why Verisign didn't seem to be present? Well, and this is my opinion, they were laying low because of the blow back! However, once the cat was out of the bag I seized on it, and after returning from Vegas I experienced first hand with Dominion Domains what "hoarding" and "scalping" are all about. Now that I think about it, this couldn't have been scripted any better:xf.wink: I haven't been able to arrange a meeting with Verisign to discuss all this, but I'm guessing they are on some sort of self imposed restraining order after the blow back they got....this reminds me a little of Trump (and me at times), where we put our mouths in motion before we put our minds in gear. And that's not to say we're not being bloody honest.

Bob...i shared the example with you about Dominion Domains attempting to extort $64,000 from me for the domain HomeSweet.homes, but this is not an anomaly. I offered to partner with them in some capacity to help market .homes domains to "end users" suggesting it would be better to "partner" than to be "competitors". You see...I happen to own about 80 pretty good .homes domains. To give you an example, I own the domain Sunset.homes that I would sell in a heartbeat for between $1,000 and $2,000, and Dominion Domains still owns Sunrise.homes that's part of their in house "Premium" inventory, and they're asking $5,499 for it. I hope you're following me Bob because this is important; if Dominion Domains and I were to go to the same builders trade show, and we had a booth across from each other, builders would have a choice whether to buy a very reasonably priced Sunset.homes from me for maybe $1,000 or Sunrise.homes from Dominion Enterprises for $5,499.....Question? why in the world wouldn't Dominion want to partner with me? It really makes no sense:xf.confused: I think a lot of this has to do with, hoarding, scalping, arrogance and greed, thus the reason why "Hundreds of Thousands of Quality Domains are not Sold." Remember...."Smile for No Good Reason:xf.smile:"
 
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Sure is frustrating when you see so many seemingly mediocre, weird, meaningless and what seem like worthless domain sales listed everyday for $XXX - $XXXXX on Namebio, Dnpric.es etc

Makes you wonder who is paying good money for all these domains, why are they paying good money for some of these domains, how did they find them, when, as I suspect most of us believe, we have good/great domains that never receive so much as an offer despite all the marketplaces we list them/promote them on.

Clearly there are buyers out there, willing to part with decent chunks of cash. I guess patience is the key, acquiring good domains (subjective clearly !?), listing/promoting everywhere & one day said buyers may come across them.

As I mentioned on another thread, buydomains .com have countless $XXXX/$XXXXX sales listed on a daily basis, how !?
 
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oldtimer and Bob Hawkes...after Verisigns comments about domainers being "hoarders" and "scalpers", I understand they got quite a bit of blow back from the industry as a whole. Bob, when we were at Namescon in Vegas this time last year I asked why Verisign didn't seem to be present? Well, and this is my opinion, they were laying low because of the blow back! However, once the cat was out of the bag I seized on it, and after returning from Vegas I experienced first hand with Dominion Domains what "hoarding" and "scalping" are all about. Now that I think about it, this couldn't have been scripted any better:xf.wink: I haven't been able to arrange a meeting with Verisign to discuss all this, but I'm guessing they are on some sort of self imposed restraining order after the blow back they got....this reminds me a little of Trump (and me at times), where we put our mouths in motion before we put our minds in gear. And that's not to say we're not being bloody honest.

Bob...i shared the example with you about Dominion Domains attempting to extort $64,000 from me for the domain HomeSweet.homes, but this is not an anomaly. I offered to partner with them in some capacity to help market .homes domains to "end users" suggesting it would be better to "partner" than to be "competitors". You see...I happen to own about 80 pretty good .homes domains. To give you an example, I own the domain Sunset.homes that I would sell in a heartbeat for between $1,000 and $2,000, and Dominion Domains still owns Sunrise.homes that's part of their in house "Premium" inventory, and they're asking $5,499 for it. I hope you're following me Bob because this is important; if Dominion Domains and I were to go to the same builders trade show, and we had a booth across from each other, builders would have a choice whether to buy a very reasonably priced Sunset.homes from me for maybe $1,000 or Sunrise.homes from Dominion Enterprises for $5,499.....Question? why in the world wouldn't Dominion want to partner with me? It really makes no sense:xf.confused: I think a lot of this has to do with, hoarding, scalping, arrogance and greed, thus the reason why "Hundreds of Thousands of Quality Domains are not Sold." Remember...."Smile for No Good Reason:xf.smile:"
BuyDomains does make very frequent sales. But keep in mind that they own hundreds of thousands of domains. It's all relative.

Some sales prices of names may look very strange, but it's only because we don't know the full story behind the sale. Often there could be more at play than a buyer just happening to decide that 20 character name with three hyphens is worth five figures.
 
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Why? Developers, small business owners, marketers and IT professionals who are tasked with promoting a business generally do not see the need to pay a premium price greater than $50 for a domain name.
 
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Sure is frustrating when you see so many seemingly mediocre, weird, meaningless and what seem like worthless domain sales listed everyday for $XXX - $XXXXX on Namebio, Dnpric.es etc

Makes you wonder who is paying good money for all these domains, why are they paying good money for some of these domains, how did they find them, when, as I suspect most of us believe, we have good/great domains that never receive so much as an offer despite all the marketplaces we list them/promote them on.

Clearly there are buyers out there, willing to part with decent chunks of cash. I guess patience is the key, acquiring good domains (subjective clearly !?), listing/promoting everywhere & one day said buyers may come across them.

As I mentioned on another thread, buydomains .com have countless $XXXX/$XXXXX sales listed on a daily basis, how !?

Doofer...you're pointing out the obvious, and it's exactly why I believe my "Domain Give Away" idea inspired by my Pastor's "True Wealth is What You Give Away" has merit. I'm capable of hand registering domains similar to what you're referring to all day long much to the chagrin and consternation of some NP members.

From past experience as an "end user", I believe I have a pretty good feel for what "most" end users are looking for in a variety of industries, and I feel very comfortable giving/transfering a domain to them at my cost in order to create trust in an industry where there's a preponderance of mistrust.

Thanks again Doofer, and I wish you a Happy and Prosperous 2020!
 
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Why? Developers, small business owners, marketers and IT professionals who are tasked with promoting a business generally do not see the need to pay a premium price greater than $50 for a domain name.

Thanks garptrader...that's again confirmation why "Give Away Domains" has merit:xf.wink:
 
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BuyDomains does make very frequent sales. But keep in mind that they own hundreds of thousands of domains. It's all relative.

Some sales prices of names may look very strange, but it's only because we don't know the full story behind the sale. Often there could be more at play than a buyer just happening to decide that 20 character name with three hyphens is worth five figures.
Joe.......thanks for all your help pushing me to find a better way to sell and market the kind of domains I'm able to create. I learned from my pastor this weekend that domain philanthropy might be the best road for me to take. Thanks again for the push, and thanks to all the other NP members who I think meant well, but for some reason just couldn't get through:xf.wink: God Bless!
 
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Sure is frustrating when you see so many seemingly mediocre, weird, meaningless and what seem like worthless domain sales listed everyday for $XXX - $XXXXX on Namebio, Dnpric.es etc

Makes you wonder who is paying good money for all these domains, why are they paying good money for some of these domains, how did they find them, when, as I suspect most of us believe, we have good/great domains that never receive so much as an offer despite all the marketplaces we list them/promote them on.

Clearly there are buyers out there, willing to part with decent chunks of cash. I guess patience is the key, acquiring good domains (subjective clearly !?), listing/promoting everywhere & one day said buyers may come across them.

As I mentioned on another thread, buydomains .com have countless $XXXX/$XXXXX sales listed on a daily basis, how !?
Doofer...it really does boggle the mind the daily sales Buy Domains reports. It's really a joke when you think about it. I know they have a lot of inventory, but it must be a lot of crap very similar to my crap:xf.wink:

Here are a few of the names they supposedly sold today;

itcontracting.net - $2,088 - hell, i could buy itcontracting.co for $10 now

EpicLifeChurch.com - $2,088

PoweringChange.com - $2,900

TheBeatMachine.com - $2,088

To a certain extent it's a numbers game, but to a greater extent it's a JOKE:xf.rolleyes:

Again, thanks for your post....it speaks volumes(y)
 
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.....to a certain extent it's a numbers game, but to a greater extent it's a JOKE:xf.rolleyes:

Not that surprising because it's mostly a big NUMBERS GAME combined with considerable LUCK. I know it is really incredible to see so many little to no value domains selling for high prices every day with vast numbers of good names with solid value which never get inquiries, offers or sales after years or even decades pass by.

My problem was even when I had more than 3,000 domains years ago my numbers were insufficient to benefit from the giant numbers game. Then a few years ago I let a lot drop down to 2,000 or so and it was even a smaller numbers game for me. Next came the current 1,000 names however less than 400 are set to auto-renew so within a few months my numbers game will be far too small to have any impact.
 
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Not that surprising because it's mostly a big NUMBERS GAME combined with considerable LUCK. I know it is really incredible to see so many little to no value domains selling for high prices every day with vast numbers of good names with solid value which never get inquiries, offers or sales after years or even decades on the market.

My problem was even when I had more than 3,000 domains years ago my numbers were insufficient to benefit from the giant numbers game. Then I let a lot drop down to 2,000 or so and it was even a smaller numbers game for me. Next came the current 1,000 names however less than 400 are set to auto-renew so within a few months my numbers game will be far too small to have any impact.
I think there's a lot of context you guys are missing here.

You talk about luck, but you fail to mention that you improve your chances of getting lucky with the names that you choose to buy and hold. Think of it like poker. Any poker player knows you'll have a lot more "luck" if you're holding pocket aces than you will if you're holding 7-2. In the short term, luck is always a big factor in poker, but in the long term a good player will always come out ahead if they continue to make the right choices.

If you're not profiting from your portfolio in the long term, I submit that you are not making the right choices of names to buy and renew.

BuyDomains does sell a ton of domains. They own hundreds of thousands of them. When you own that many, you're bound to make some sales that look pretty weird and lucky. But that doesn't matter... Are they making more money on domains than they spend buying/renewing them? That's what matters. Big picture.

Stay focused and use your own tangible results to determine if you're making the right choices or not.
 
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Not that surprising because it's mostly a big NUMBERS GAME combined with considerable LUCK. I know it is really incredible to see so many little to no value domains selling for high prices every day with vast numbers of good names with solid value which never get inquiries, offers or sales after years or even decades pass by.

My problem was even when I had more than 3,000 domains years ago my numbers were insufficient to benefit from the giant numbers game. Then a few years ago I let a lot drop down to 2,000 or so and it was even a smaller numbers game for me. Next came the current 1,000 names however less than 400 are set to auto-renew so within a few months my numbers game will be far too small to have any impact.
Thanks for your input...i just returned from lunch with a couple of friends who have as much practical business experience as I have. I work out with both of these guys and one recently retired from the marketing department at ODU (Old Dominion University) after 40 years where I use to guest lecture. And the other had two careers, one for 30 years with the Housing Authority, and the second career privately consulting for municipalities around Virginia. My point is, collectively we have more experience than the "average" domainer here on NP. They're both pretty quick studies, but until today they really didn't understand how the "secondary market" works, or attempts to work:xf.wink:

Using BuyDomains as an example, I was showing them the kinds of domains they claim to sell on their website daily, and they're keenly aware of the kinds of domains I'm capable of creating and registering daily for $10 each. And like I've said all along, this business isn't rocket science....far from it:xf.rolleyes:

While Rome wasn't built in a day, they've agreed to work with me to give domains to "end users" who meet certain criteria, and for those we don't give domains to, we will either sell them a domain at 50% of it's appraisal/valuation, or locate/create a domain for them based on our collective experience starting, operating and naming businesses. I know many of my critics here on NP scoff at my experience, but I'm reasonably certain "end users" will have an appreciation for my knowledge.

My plan/model relies on the fact that a previous plan/model that I'm experienced with believes the fact that "most" people are honest, and will do the right thing 90% of the time.

NameMarket, I totally disagree with you about the LUCK FACTOR......i'm just lucky to be alive, thus I "Smile for No Good Reason:xf.smile:"
 
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I think there's a lot of context you guys are missing here.

You talk about luck, but you fail to mention that you improve your chances of getting lucky with the names that you choose to buy and hold. Think of it like poker. Any poker player knows you'll have a lot more "luck" if you're holding pocket aces than you will if you're holding 7-2. In the short term, luck is always a big factor in poker, but in the long term a good player will always come out ahead if they continue to make the right choices.

If you're not profiting from your portfolio in the long term, I submit that you are not making the right choices of names to buy and renew.

BuyDomains does sell a ton of domains. They own hundreds of thousands of them. When you own that many, you're bound to make some sales that look pretty weird and lucky. But that doesn't matter... Are they making more money on domains than they spend buying/renewing them? That's what matters. Big picture.

Stay focused and use your own tangible results to determine if you're making the right choices or not.
Joe...in all due respect, have you EVER heard me mention anything about LUCK:xf.rolleyes: Luck is not part of my vocabulary...never has been and never will be....stay tuned:xf.wink:
 
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I think there's a lot of context you guys are missing here.

You talk about luck, but you fail to mention that you improve your chances of getting lucky with the names that you choose to buy and hold. Think of it like poker. Any poker player knows you'll have a lot more "luck" if you're holding pocket aces than you will if you're holding 7-2. In the short term, luck is always a big factor in poker, but in the long term a good player will always come out ahead if they continue to make the right choices.

If you're not profiting from your portfolio in the long term, I submit that you are not making the right choices of names to buy and renew.

BuyDomains does sell a ton of domains. They own hundreds of thousands of them. When you own that many, you're bound to make some sales that look pretty weird and lucky. But that doesn't matter... Are they making more money on domains than they spend buying/renewing them? That's what matters. Big picture.

Stay focused and use your own tangible results to determine if you're making the right choices or not.

“Luck Is What Happens When Preparation Meets Opportunity"

Many people who are "lucky" have put themselves in a position to succeed.

You can certainly stack the deck in your favor when it comes to odds by making good choices and decisions.

Brad
 
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Stay focused and use your own tangible results to determine if you're making the right choices or not.

I agree, but there might be some other factors that need to be considered here too, for one thing some domains need to mature so you should not get disappointed if you are not getting any offers right away, another thing is that in many cases it pretty much comes down to the end users' taste, since most end users are not domain experts they might choose to buy something that is totally unexpected from what domainers think are the most logical choices. Even those who have large portfolios are sometimes surprised themselves by why some of their best domains sit idle while they get more offers on what they might consider to be lesser quality ones.

So in my opinion aside from the obvious top tier premium domains the rest of it is pretty much a guessing game, because the people who are sitting at the poker table in your example are not all experts and do unexpected things that can not be predicted by any science or formula.

As we all know skill and some luck are required to be a successful domainer, but a big part of it is out of anybody's hands because what end users want and do is totally unpredictable and no matter how long you have been a domainer you might not be able to come up with an exact rules for domaining.

Perhaps that's why that we are still discussing such things in the year 2020 almost 20 years after domaining has become a thing.

Perhaps domainers can increase their chances of making a sale by giving more exposure to their domains either through popular marketplace listings or by doing promotions on social media or by outbounding and having their own domain store, but at the end there are no guarantees when a domain is going to get sold so staying power as far as being able to keep your better domains on a long term basis becomes a major factor too.

IMO
 
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I agree, but there might be some other factors that need to be considered here too, for one thing some domains need to mature so you should not get disappointed if you are not getting any offers right away, another thing is that in many cases it pretty much comes down to the end users' taste, since most end users are not domain experts they might choose to buy something that is totally unexpected from what domainers think are the most logical choices. Even those who have large portfolios are sometimes surprised themselves by why some of their best domains sit idle while they get more offers on what they might consider to be lesser quality ones.

So in my opinion aside from the obvious top tier premium domains the rest of it is pretty much a guessing game, because the people who are sitting at the poker table in your example are not all experts and do unexpected things that can not be predicted by any science or formula.

As we all know skill and some luck are required to be a successful domainer, but a big part of it is out of anybody's hands because what end users want and do is totally unpredictable and no matter how long you have been a domainer you might not be able to come up with an exact rules for domaining.

Perhaps that's why that we are still discussing such things in the year 2020 almost 20 years after domaining has become a thing.

Perhaps domainers can increase their chances of making a sale by giving more exposure to their domains either through popular marketplace listings or by doing promotions on social media or by outbounding and having their own domain store, but at the end there are no guarantees when a domain is going to get sold so staying power as far as being able to keep your better domains on a long term basis becomes a major factor too.

IMO
oldtimer...I'm reasonably certain that I don't own any "top tier premium domains" thus for me to sit by and idly wait for an "inbound inquiry" is absurd at this point. My strengths are more aligned with the "outbound" marketing of domains. Thus tools like trade shows, direct mail, email and partnering with groups like NFIB and NSBA. I've had enough experience naming businesses for the last 50 years that your average "end user" will see value in what I bring to the table.

I'll leave you with this, I have enough confidence in my naming ability that I truly think I can help anyone to either name or rebrand their business. I wouldn't have that sort of confidence if I didn't have a proven track record. Whats driving and motivating me now are my Pastors words; "True Wealth Is What You Give Away" oldtimer, those are profound and powerful words, and when my Pastor returns from a conference next week I hope to help him structure a book deal(y)
 
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The sell-through rates are low partly because of ineffective marketing, as you say, but also due to the unique nature of each domain name that makes them somewhat like artistic works. We will never see sell-through rates comparable to generalized products. I do agree they can be improved, however.

I think the only inbound or only outbound dichotomy is misleading. Look at Amazon. Do they clog up your email box with pushing stuff they have (well yes they do once you put it in your cart :xf.grin: or buy something similar). But for the most part they sell at volume because they create an easy to use place that people looking for products can securely buy them.

There has been progress in domain marketplaces, but none are yet an Amazon of domain names.

We also need to use the real estate model to shift more to a service model with a unified agent network - I will write more on that in some other NamePros thread at some point.

I know you have raised the same point many other times. Thanks for not letting us forget it. :xf.wink:

Bob

@bobhawkes...I look forward to your thoughts. Thanks as always!
 
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I have heard this a lot through the years, "Domain names are like real estate" Also "The Game""

Domain are nothing like real estate IMO And the industry is most definitely not a game.

I agree with @Bob Hawkes in the sense of many domainers are using ineffective marketing, domaining does not have a "one size fits all" when it comes to marketing. marketing domain names is something someone learns over time, there is no quick fix, no speedy user manual for this, It is a bit complicated and just takes time. using the domain name market places while someone is learning is the best option IMO. learning and understanding why the industry does sell domain names, how the process of elimination works by potential buyers and pricing domain names so that they will be looked at by potential buyers is very important just to start off with. patience while learning is a crucial part of what a persons future can be in the industry, many many many jump ship after they purchase up 25 to 100 names and have no sales within the time frame they think they should.

I hear many say , "That is just part of the game" "stay ahead in the game" a lot of game , when referring to the domain name industry, remove that from your vocabulary as soon as possible IMO, there is no gaming in the domain name industry, working hard and learning every day, and you never ever stop learning, and never want to stop learning either, because if a person takes that attitude, they will fall behind with the quickness.

Think of this, You buy a domain name from a market place or you hand register a domain name, will it sell within a week, a couple of months?? most likely it will not, what about 6 months?? probably not, a Year? maybe in a year, most certainly not always. but why? because if you purchased the name from a drop or ect marketplace you paid what the domain name is worth, you competed with other people to buy it, you were the high bidder while the others in the auction decided they would not pay the rate you bought it for, you must let it mature before you will get a return on your investment, aside from a quick flip making $20 , you must let that domain name mature, you know there are people interested in the domain name, the people that participated in the auction of the domain name you won like the name, but they are domain name traders, you want to give that name every opportunity possible to be sold to an end user, not a domain name trader if possible. so expect a hold time of up to 3 years when you purchase it. that is realistic.

There are exceptions to the rule, sales can and do happen fairly quickly, 3 months to 6 months time, but aside from selling a name to another domainer and making hardly beer money in profit, waiting on end user offers and enjoying the domain name industry is the much better option IMO

Thanks for your wisdom. It's appreciated!
 
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Why are hundreds of thousands of Quality Domain's not sold?

cuz u can reg a good dawt com for $7.99
 
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oldtimer...I'm reasonably certain that I don't own any "top tier premium domains" thus for me to sit by and idly wait for an "inbound inquiry" is absurd at this point.

My comments were made in general and were not directed at you personally, domainers operate at different levels so you have to pick the strategy that suits the most to the kind of domains that you have and what you plan to do with them.

I as a collector rather be able to keep my domains, but that doesn't mean that I am not interested in hearing and learning about all the different strategies that are out there when it comes to domaining.

IMO
 
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My comments were made in general and were not directed at you personally, domainers operate at different levels so you have to pick the strategy that suits the most to the kind of domains that you have and what you plan to do with them.

I as a collector rather be able to keep my domains, but that doesn't mean that I am not interested in hearing and learning about all the different strategies that are out there when it comes to domaining.

IMO
oldtimer...my comment wasn't meant in a negative way whatsoever. I really don't own any "top tier domains" to the best of my knowledge. All my domains are hand reg'd for about $8 each, thus I'd say my portfolio would receive an "average" grade if anyone in the know were to grade it.

You may wish to note that I don't participate in any auctions etc. here on NP. I think it's a pretty big deal to a lot of domainers, but it's not my thing. That's how the "typical" domainer buys domains, and I'm much better off creating names that suit the industries for which I'm knowledgeable. I think I'm starting to understand why I have the reputation I have....it's because I don't play by the same rules as everyone else...that's why I'm seen a domain revolutionary. Make sense:xf.wink:

Thanks oldtimer, I enjoy our conversations(y)
 
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