discuss Inbound domainers started with outbound?

abstractdomainer · Sep 12, 2020

For full-time inbound domainers, did you start with outbound and then later acquired names that sold by themselves, or did you actually start with inbound in mind?

Because creating a portfolio that sells by itself takes both, a lot of time and a lot of money investment (of course, the skills too).

Did you actually start with a lot of money (say $5,000 or more) and say, 2-5 years time-frame in mind, before you actually got a decent return?
Because being an inbound domainer from the beginning seems too good to be true!

So, what's your story?

abstractdomainer · Sep 20, 2020

Any thoughts on this?

FolioTeam · Sep 20, 2020

Never "outbounded" in my life. Not even when I registered those crappy 50 names my first day of domaining. Luckily, my first sale then was an inbound sale so I guess that pretty much cemented my stance on inbound vs outbound.

Thought about it once but never took a bite. Never got the outbound fever. The way I saw it, it just wasn't worth the effort I see people put into it. And apparently, you need to have a lot of time on your hands to make something meaningful out of outbounding.

I buy. I wait. I sell maybe 3-5 names (out of a portfolio of 170/180) a year. That suits me better.

I just don't want to put all that energy for low to mid xxx names.

Jurgen Wolf · Sep 20, 2020

Inbound from the beginning.
Tried email outbound in the past with almost zero results and stopped this practice.
Nowadays I very rarely send emails and only regarding EMDs.

abstractdomainer · Sep 22, 2020

FolioTeam said:
Never "outbounded" in my life. Not even when I registered those crappy 50 names my first day of domaining. Luckily, my first sale then was an inbound sale so I guess that pretty much cemented my stance on inbound vs outbound.

Thought about it once but never took a bite. Never got the outbound fever. The way I saw it, it just wasn't worth the effort I see people put into it. And apparently, you need to have a lot of time on your hands to make something meaningful out of outbounding.

I buy. I wait. I sell maybe 3-5 names (out of a portfolio of 170/180) a year. That suits me better.

I just don't want to put all that energy for low to mid xxx names.

And what are those sales like?
Mid $$$$ or Low $$$$$?
Are those aftermarket names or hand registered?
What niche - brandables, EMDs, one words?

Jurgen Wolf said:
Inbound from the beginning.
Tried email outbound in the past with almost zero results and stopped this practice.
Nowadays I very rarely send emails and only regarding EMDs.

Ya I get that. So you buy and wait for 1 year to get some sales and then scale up (talking about starting off as inbound domainer - time wise)?

Samer · Sep 22, 2020

Dont outbound from a gmail; Yahoo AOL email

It screams “amateur hour”

Get email hosting for like $3 month
it also prevents ur message from land in junk

Samer · Sep 22, 2020

Read this before you start outbounding;

Cant recommend enough; it’s the little things

https://www.webhostingsecretrevealed.net/blog/featured-articles/email-hosting-guide/

FolioTeam · Sep 22, 2020

abstractdomainer said:
And what are those sales like?
Mid $$$$ or Low $$$$$?
Are those aftermarket names or hand registered?
What niche - brandables, EMDs, one words?

Those are usually low to mid xxxx. Haven't gotten any 5-figure sale yet. Looking forward to it.

Usually aftermarket auctions and NP buys. I hand register when I come across a word or terminology which I feel has some potentials.

Niche is a mix. Extensions for me are mostly .com and .org

brandpainvestment · Sep 24, 2020

Only inbound and brokering for me. Your in depth research is your key to your success in my honest opinion.

Higher fund helps to buy good names in most cases and your scope increases.

You can still made good returns in the following case,

If you buy for $100 and sell for $200, you have 100% return.

If you buy for $10,000 and sell for $15,000, you have 50% return.

So, even in small investment you can made high return.

After your sell, buy better names at that price and scale up. By this method you will make a good portfolio.

Web manish · Oct 8, 2020

Have just started domaining. Buyed only one domain and from starting I am thinking about inbound only. Can anyone have suggestions or tips for inbound ?

passini · Oct 8, 2020

Web manish said:
Have just started domaining. Buyed only one domain and from starting I am thinking about inbound only. Can anyone have suggestions or tips for inbound ?

Choose good names and be prepared to pay the renewals. You should have patience because it takes time to sell a domain.

garptrader · Oct 8, 2020

Take for example someone with experience in payroll in search of a job - they could send out dozens of emails with a resume attachment to local companies using the info@company email address found on the company website. Those emails will either go to spam folders or will be deleted. A better approach might be to find a human resources manager or the controller using Linkedin. Those individuals would be more likely to know of any opening but again would likely be a wasted effort as you would in most cases be sending a resume for a position which is not open. When a company advertises they are looking for someone with payroll experience, the odds should theoretically be better but even then is likely to not yield a positive result due to the way companies screen resumes. On the other hand, if a recruiter with hiring contacts in local companies contacts you about a specific opening, the odds are much better. The company is looking to hire someone with your experience rand the recruiter believes you would be a good fit. They found you because you had posted your resume on LinkedIn or some job board. Much less effort and frustration is involved but of course you have to have education and experience someone is willing to pay for. Ditto with domains. The challenge though is that with so many extensions available many startups see no need to pay for an aftermarket domain. They can find something available for reg fee and quite often they don't view domain selection as critical to their business.

Brian L. · Oct 9, 2020

I seldom outbound, but I have had good results with very targeted domains. In my experience, the key is to only outbound to individuals that would realistically consider the domain an upgrade. And example would be to outbound to the owner of “SuperGreatWrenches.com” with the the domain “GreatWrenches.com”.

passini · Oct 9, 2020

There is a difference between outbound and inbound: your time.

Everyone knows how much is worth his time at any given point in his life. It depends on too many factors to list them here.

Anyway. Let's make 2 quick examples.

1) I Use let's say 1or 2 hours everyday to find some good domains. I buy them, I set new NS, I may also place a fixed price and turn the auto renewal on. Done! I can forget about them and just I just wait for the marketplace email to advise me when (if) sold. Total time spent 1 or 2 hours a day to search the names and 5 min to push each name after it is sold.

2) Use 1 or 2 hours a day to find names for outbound. After you did this you are (maybe) at one third of the job. You will have to find and contact many companies for each name, follow the email replies, do the negotiations and get paid. All this adds up a lot of time. A lot.

It depends on the availability of time of each one and the cost of your time. Outbounding it is more a job than an investment. All this hours must be considered. It is not like many write in the sales thread: I buyed this for 9 dollars and I sold for xxx so the return is: ×××%. They always put in the time to market the domain as not one cost. But time for everyone is the more precious thing we have. So it must be counted as an expense and who is doing must have an Idea of the real value of the time and the return. Outbounding is a good way to move some types of names quickly but is not so easy as it may seems. IMHO

abstractdomainer · Oct 17, 2020

Samer said:
Dont outbound from a gmail; Yahoo AOL email

It screams “amateur hour”

Get email hosting for like $3 month
it also prevents ur message from land in junk

Sure. I will check it out.

Samer said:
Read this before you start outbounding;

Cant recommend enough; it’s the little things

https://www.webhostingsecretrevealed.net/blog/featured-articles/email-hosting-guide/

Bookmarked

Web manish said:
Have just started domaining. Buyed only one domain and from starting I am thinking about inbound only. Can anyone have suggestions or tips for inbound ?

For inbound, unless you own really good names, you have to still have a good portfolio to have the odds to sell. Even the best domainers sell 1-2% of their names. But then again, I am no expert in inbound.

garptrader said:
Take for example someone with experience in payroll in search of a job - they could send out dozens of emails with a resume attachment to local companies using the info@company email address found on the company website. Those emails will either go to spam folders or will be deleted. A better approach might be to find a human resources manager or the controller using Linkedin. Those individuals would be more likely to know of any opening but again would likely be a wasted effort as you would in most cases be sending a resume for a position which is not open. When a company advertises they are looking for someone with payroll experience, the odds should theoretically be better but even then is likely to not yield a positive result due to the way companies screen resumes. On the other hand, if a recruiter with hiring contacts in local companies contacts you about a specific opening, the odds are much better. The company is looking to hire someone with your experience rand the recruiter believes you would be a good fit. They found you because you had posted your resume on LinkedIn or some job board. Much less effort and frustration is involved but of course you have to have education and experience someone is willing to pay for. Ditto with domains. The challenge though is that with so many extensions available many startups see no need to pay for an aftermarket domain. They can find something available for reg fee and quite often they don't view domain selection as critical to their business.

Agreed! But what if your skills are not very much in demand in the industry?
What you do is try to reach out to as many potential employers and see if someone can offer something.
Then you work your way up.
What do you think of that.

abstractdomainer · Oct 17, 2020

passini said:
There is a difference between outbound and inbound: your time.

Everyone knows how much is worth his time at any given point in his life. It depends on too many factors to list them here.

Anyway. Let's make 2 quick examples.

1) I Use let's say 1or 2 hours everyday to find some good domains. I buy them, I set new NS, I may also place a fixed price and turn the auto renewal on. Done! I can forget about them and just I just wait for the marketplace email to advise me when (if) sold. Total time spent 1 or 2 hours a day to search the names and 5 min to push each name after it is sold.

2) Use 1 or 2 hours a day to find names for outbound. After you did this you are (maybe) at one third of the job. You will have to find and contact many companies for each name, follow the email replies, do the negotiations and get paid. All this adds up a lot of time. A lot.

It depends on the availability of time of each one and the cost of your time. Outbounding it is more a job than an investment. All this hours must be considered. It is not like many write in the sales thread: I buyed this for 9 dollars and I sold for xxx so the return is: ×××%. They always put in the time to market the domain as not one cost. But time for everyone is the more precious thing we have. So it must be counted as an expense and who is doing must have an Idea of the real value of the time and the return. Outbounding is a good way to move some types of names quickly but is not so easy as it may seems. IMHO

Agreed, one hundred percent. Time is the real investment here.
But in the first case, you might be investing $200+ plus 3 renewals or so.
In a lot of countries, that is a lot of money.
Also, domainers starting off need quick liquidity before they move up the ladder and execute the first case. What do you say to that?

discuss Inbound domainers started with outbound?

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