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AbdulBasit.com

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AbdulBasit.com
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Hi everyone,

As the first half of this year is completed, there were some major things happening all around the world. While reviewing my business, I can clearly say that I’d the one of the best 6 months of my domain investing career.

Today I’m very happy to share the results of June 2020 which I was eagerly waiting for the report to arrive so I can share with you all.

This is the sixth post of the Afternic experiment series after I published January, February, March, April and May results which I’m hopeful that you’ll find it interesting. Although I’d initially planned to give Afternic landers a try for 6 months period which has already ended but I’ve extended the time period of using them on long term basis with the results I’ve achieved so far using their services.

In May 2020, I mentioned that there was no sale for the first 9 days and it was more longer break in the month of June of 11 days. So on 12th day I’d my first sale of the month in the shape of MarketGrid.com for $5,000. I’d put up BIN of $5,888 but after going back and forth with the buyer, it was eventually sold for that price. This was sold via Afternic lander.

Next sale was mind blowing one and the biggest BIN sale of my life. That domain was AutoFun.com which sold for $50,000. This was purchased directly via GoDaddy.com search. One of the best sale I’ve ever had.

Third sale was ToothBar.com for $6,888. This too sold via GoDaddy search. Then there was another sale of TinaChen.com for $1,988. Sold via Afternic partner registrar.

One more sale happened which I really like it – ww.biz for $4,888 via GoDaddy search. In total I’ve 4 more .biz domains.

GmTransport.com was then sold for $4,888 via Afternic lander. And the month ended up with the sale of 40hz.com for $2,888. This too sold via GoDaddy search.

Overall the cost of those domains were under $5,000 and total sale amount was $76,540. Also in May there were some 650 inquiries whereas in June, it was a little less than 600. Bit surprising because I had added some 60+ domains in the last month.

On the other hand, I’m happy to share the sales of couple of my friends.

@JudgeMind, an experienced domain investor sold some domains via Afternic which are shared below:

Dexwise.com for $1,299
Bjx.io sold for $239
ApplePie.org for $299
ReactionCapital.com for $2,500

Another fellow domain investor, Muhammad Aamir from DotCorner was happy to share his Afternic sales of June.

KingMusic.com sold for $6,000
SharkGirl.com for $3,000
PDFKit.com for $5,500
StarFilms.com for $7,500
Bisma.com for $6,500
ThunderPay.com for $3,500

Only PDFKit.com was acquired in 2017. All others were acquired in 2002-2003 period at $8 reg fees.

I tell you, those were good old days when you could hand register plenty of great domains like Aamir did. But it doesn’t mean it was too simple. One have to have the vision, knowledge and patience which is now paying off well for this fellow investor.

I appreciate both @JudgeMind and Aamir for sharing their sales and if anyone would like to add their Afternic sales in future, feel free to let me know.

I would like to give due credit to my Afternic rep and brokers, I very much appreciate their hard work and dedication they put in for making all these sales to happen.

Feel free to give your feedback no matter how good or good it is 😉
 
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The views expressed on this page by users and staff are their own, not those of NamePros.
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Congrats on some incredible sales!!

These sales show me I have no clue what I'm doing as I'd have had all those names at less than 1k BINs probably lol.

Well done indeed and thanks for sharing.

Thank you for your feedback and well wishes :happy:

Also I wanted to thank you for sharing what you would have priced this domain. I got several more investors saying they'd price it for mid-high 4 figures which was interesting to know.

I admit of being in similar position of yours when I see sales reported at NamePros and DnJournal which makes me wonder why at first this domain was registered, let alone selling in 4 and 5 figures :xf.laugh:

So that gives me more motivation to research and learn about that terms/keywords. The best we can do is to keep learning and improving ourselves :xf.smile:

Best wishes! (y)
 
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Congratulations on your achievement...

I want to ask????

Sir.....did you just add your domain name on Afternic premium network and wait for the sale to come????

Or you hire Afternic broker to sell for you????

And more also how do you add your domain name to godaddy search????

Thanks.

I've added all my domains to Afternic.

No broker is hired from my end at Afternic.

Once the domain is listed in your Afternic account, the domain will automatically be shown in GoDaddy search results.

Thanks!
 
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@AbdulBasit.com
Incredible AutoFun sale!
Congrats and thanks for sharing!
I would say your work and dedication is some kind of Lighthouse to the domain community - definitely for me!
 
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Patience is the key and it proved once again. Aamir had the vision to hold onto his domains and wait for the right offers. Kudos to him.
Congrats @AbdulBasit.com , great month, considering the times we live. You were saying that you paid 5k for the total of these and made a return of 76k, but in the same time, over the years, when you have acquired these one's, you have acquired other one's, some which will sell years latter or which will never sell, which should be included in the calculation of your ROI and STR. Have you tried to do a total of ROI per all your domaining period, ROI per year, ROI per months. It could be interesting what kind of ROI did you reached. Also, patience is key, but with around 2% STR and that after 10-12 years of waiting, you will need some investment and additional revenues, to wait for these prices and your ROI for these months/years, should be divided to all the years from when you have acquired them. $8 and a return of 5k is great, even after 17 years, but in the same time, you will have around 85%-90% of others, acquired in the same period, for which you have paid renewal during these 17 years and which will never sell.
 
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Congratulations on your achievement...

I want to ask????

Sir.....did you just add your domain name on Afternic premium network and wait for the sale to come????

Or you hire Afternic broker to sell for you????

And more also how do you add your domain name to godaddy search????

Thanks.
If you add to Afternic, it will show up on GoDaddy search automatically. It will also show on other platforms.
 
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Congrats @AbdulBasit.com , great month, considering the times we live. You were saying that you paid 5k for the total of these and made a return of 76k, but in the same time, over the years, when you have acquired these one's, you have acquired other one's, some which will sell years latter or which will never sell, which should be included in the calculation of your ROI and STR. Have you tried to do a total of ROI per all your domaining period, ROI per year, ROI per months. It could be interesting what kind of ROI did you reached. Also, patience is key, but with around 2% STR and that after 10-12 years of waiting, you will need some investment and additional revenues, to wait for these prices and your ROI for these months/years, should be divided to all the years from when you have acquired them. $8 and a return of 5k is great, even after 17 years, but in the same time, you will have around 85%-90% of others, acquired in the same period, for which you have paid renewal during these 17 years and which will never sell.

Thanks for your feedback. Appreciate it.

To be frank, I've not done in-depth calculation for the entire career since I started full time domain investing.

But for last few years, I've noted that the STR is around 2.2%-2.5% and targeting towards 3% by next year.

I've noted the average acquisitions cost and STR which gives me enough idea that my model is profitable and sustainable on long term basis.

As we all know that anyone with similar number of domains and targeting endusers only, no investor would sell all or even most of the domains to endusers in their entire lifetime. I've considered this factor as well.
 
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Hi Abdul

Congrats on your fantastic sales bro! May God give you more & more!!

Would love to hear your thoughts if you have some time -
1. Do you ever try outbound for any of your domain?

2. What's your take on Hand reg. in present time? Do you have any in your portfolio?

3. How much you rate the domains from GD closeout? (Asking generally about the average quality we get, I understand that highly depends on domain to domain basis.)

As many of us are low profile investor, it's hard to spend $500+ on a single domain (at least for me). What would be your advice to small investors like me?
 
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Hi Abdul

Congrats on your fantastic sales bro! May God give you more & more!!

Would love to hear your thoughts if you have some time -
1. Do you ever try outbound for any of your domain?

2. What's your take on Hand reg. in present time? Do you have any in your portfolio?

3. How much you rate the domains from GD closeout? (Asking generally about the average quality we get, I understand that highly depends on domain to domain basis.)

As many of us are low profile investor, it's hard to spend $500+ on a single domain (at least for me). What would be your advice to small investors like me?

Thanks!

1) Not for last several years.

2) If I remember correctly, I did one and last in 2018.

3) Plenty of good domains come into closeouts. Just need to dig in deep and grab it as soon as it enters closeout.

Depends on the total budget.
 
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@AbdulBasit.com
Incredible AutoFun sale!
Congrats and thanks for sharing!
I would say your work and dedication is some kind of Lighthouse to the domain community - definitely for me!

Thank you so much for your kind words. So nice of you :xf.love:
 
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fantastic sales @AbdulBasit.com - not surprised with 50k bin sale - such sales are happening regularly (I think) but are kept private. so thanks for sharing.
 
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Awesome sale especially for that 50k AutoFun. Hoping to have something like that too in the future. You're an inspiration. Thanks for sharing.
 
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Thanks for your sharing, I will still keep smile.biz and I hope this domain has a happy ending.
 
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Congrats and thanks for sharing details including your approach to reach here. Well-done
 
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@AbdulBasit.com
Thank you for your sharing. I think afternic team has done a good job in customer service. I am also ready to transfer about 1000 domain names to their landers. I am very grateful to Kevin and Cecilia of the Chinese team. Their service makes you feel enthusiastic, which can not be given by other platforms.
This is what I really feel.
 
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@AbdulBasit.com
Thank you for your sharing. I think afternic team has done a good job in customer service. I am also ready to transfer about 1000 domain names to their landers. I am very grateful to Kevin and Cecilia of the Chinese team. Their service makes you feel enthusiastic, which can not be given by other platforms.
This is what I really feel.

Thanks for your feedback.
Feel free to share your near future experience with Afternic landers with us.

Best wishes!
 
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@AbdulBasit.com


Congrats for the awesome sale of AutoFun.com!
Thanks for your valuable inputs as usual!

Would love to hear your comments on these:

1.What kind of thinking made you decide on combination of Auto and fun?
Especially word 'fun' and not so many others ?
Did you imagine some kind of end user for this domain while buying it?

I ask, because this proved to be a real deadly combination of words and highlighted your extraordinary skill of either betting or coming up with solid domain names !

2.Have you ever actively tried to promote your domains on various platforms ?
Like say list your domains on Auctions on Sedo, Flippa or even say Sedo Showcase.

Thanks!
 
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Thanks!

1) Plenty of existing endusers for this domain. I love to invest in 2 words highly brandable domains which can be used for many purposes. Simply Google the term and you'll get an idea.

2) No. I simply list at Afternic and Sedo. No outbound or additional marketing.

Also for your kind information, I don't do betting. I take this as a serious business and buy each domain based on research and future potential value.
 
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Thanks!

Also for your kind information, I don't do betting. I take this as a serious business and buy each domain based on research and future potential value.

Thanks a lot!
No I did not mean bet in that sense at all Abdul !
How can I ever say that for your research & experience ?
What I meant by the word bet is putting your faith and confidence in investing your time in a particular name !

And thanks again for such a fast reply!
 
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Thanks a lot!
No I did not mean bet in that sense at all Abdul !
How can I ever say that for your research & experience ?
What I meant by the word bet is putting your faith and confidence in investing your time in a particular name !

And thanks again for such a fast reply!

Sorry for misunderstanding then and thanks for clarification (y)
 
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Sorry for misunderstanding then and thanks for clarification (y)

No "Sorry" sir..
Your posts are full of knowledge and wisdom for everyone!
No problem at all..
 
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Once the domain is listed in your Afternic account, the domain will automatically be shown in GoDaddy search results.

Hi Abdul, congratulations on your new found success with Afternic, you are a great inspiration for all domainers specially during the uncertainty that we all are experiencing due to the pandemic.

No doubt that you are a very talented and skillful domainer and no doubt that Afternic is a strong sales platform, but how much of the jump in the number of your sales do you think might be attributed to the position that your domains are given in the search results across the Afternic network. If a domain is shown in the first top 3 or 5 results it makes a huge difference on how much exposure it will get than if it's buried at the bottom of the list.

Your recent success is amazing, I am just wondering if it could be emulated by other domainers or if it is an special privilege that is extended only to you by Afternic by them giving more exposure to your domains in the search results across their vast network.

IMO
 
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Hi Abdul, congratulations on your new found success with Afternic, you are a great inspiration for all domainers specially during the uncertainty that we all are experiencing due to the pandemic.

No doubt that you are a very talented and skillful domainer and no doubt that Afternic is a strong sales platform, but how much of the jump in the number of your sales do you think might be attributed to the position that your domains are given in the search results across the Afternic network. If a domain is shown in the first top 3 or 5 results it makes a huge difference on how much exposure it will get than if it's buried in the bottom of the list.

You recent success is amazing, I am just wondering if it can be emulated by other domainers or if it is an special privilege that is extended only to you by Afternic by them giving more exposure to your domains in the search results across their vast network.

IMO

Many thanks for your kind words. Much appreciated :xf.love::xf.love:

According to Afternic, when the seller adds BIN, that increase the chances of selling the domain. Also doing an opt-in for Fast Transfer increase chance of selling domains as well.

I believe the total number of sales amount have gone up since I started using Afternic landers. Most probably due to their brand recognition as compare to Uniregistry (which I previously used as the landers) as well as additional exposure which I started to get after I opt-in for Fast Transfers which I got the chance only when GoDaddy acquired Uni and later they integrated Fast Transfers for domains registered with Uni.

If you've asked something else which I haven't answered, please feel free to ask in a different way.

Thank you!
 
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Many thanks for your kind words. Much appreciated :xf.love::xf.love:

According to Afternic, when the seller adds BIN, that increase the chances of selling the domain. Also doing an opt-in for Fast Transfer increase chance of selling domains as well.

I believe the total number of sales amount have gone up since I started using Afternic landers. Most probably due to their brand recognition as compare to Uniregistry (which I previously used as the landers) as well as additional exposure which I started to get after I opt-in for Fast Transfers which I got the chance only when GoDaddy acquired Uni and later they integrated Fast Transfers for domains registered with Uni.

If you've asked something else which I haven't answered, please feel free to ask in a different way.

Thank you!

Thanks for your quick reply, perhaps this is something that only Afternic could answer as far as if they have any control over where a domain is shown in the search results across their network and whether they are giving a helping hand to your domains by putting them in the top of the search results. Either way I wish you the best, enjoy the windfall while it lasts.

IMO
 
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Yes... I agree with what @oldtime said... I think afternic is doing that by given helping hand to some well know domain guru.. across their networks by putting their domain in the top of the search result....for fast exposure and faster sales.
 
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