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debate The domain name industry is large because most people drawn to it are so stupid.

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I've looked at the domain droplists. Many sheets.

I've looked at the domain name sales data.

Frankly, 99% of domain activity is embarassing and cause and effect from destitute scrubs.

Think about this for a second. A human being with a brain genuinely believes they can sell a domain name like 1Coin.xyz for $5,000.

Stupid. Plain and simple. Dumb. Process of natural selection will likely get the better of people like this.

Now look at this garbage on tonight at GoDaddy: 35533.com.
Live and ongoing auction. Current bid at $11,000, 34 bids etc...

That's a lot of stupid people because this name has zero value. Disagree? Tell me how anyone can successfully use this domain, and justify the price of 11k.

How about this not even a little bit half decent name: RecoverData.com. Pfffft... What were 295 people thinking when they considered this rubbish tonight? It's on the top of the high bid list.

I'm being serious. There is no industry with a collective average IQ below the domain name industry. Go to any registrar and look at the top 10 names for exhibit A.

Okay

How do you stop people from thinking names like "TreeCentral.com" have value?

Or how do you buy a quality aged domain that's had several owners meaning it's likely the previous owner sales tactics could have hurt the value of the name?

Honestly, I don't think it is possible.

Not ever.

I think the industry will be full of dead beat loser cavemen thinking they've discovered fire.

That's why I have been fiercely liquidating. Almost done too.

So if you agree write it down and shed some light. If you disagree, I'll sell you a name with GoDaddy Appraisal at $10,000 for only 10%.

Sarcasm. Sorry, I know I had to elaborate...
 
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The views expressed on this page by users and staff are their own, not those of NamePros.
If someone thinks that he/she will get a master degree in just one or two years; it seems impossible to me. One has to invest years to learn it.
 
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Look through domains and extensions sold in domain history and then see if you question what end user was thinking. Wonder how good sales person was to get the price. End user is not a domainer but if domainers see patterns with keywords and extensions or find the existing backlinks or other sistuations which give it a demand. Eg someone has all signage done and expired. If everyone was stupid you could always auction a domain for more then you pay but sometimes you just have to drop them. I feel stupid offering my thoughts.

FIGJAM
 
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you're right about 35533.com but wrong about RecoverData.com. there is definitely a phenomenon where many domainers will pay 50x more to an auction house than to another domainer, due to fomo/competitiveness or whatever. pretty silly imo, I much prefer the opposite and don't view it as a competition - rather an industry to learn and build.

you seem pretty emotional and probably view your names in a shining light without being objective about the real value, another big issue in domaining. people overrate their own names, trash others names, and get annoyed when they can't liquidate them. don't be bitter, do better
He is not right about 35533.com because it shows he lacks the understanding about the numerical domain industry which is a favorite for the Chinese domain industry.

How you and he does not know that Chinese are the ones interested in such domain should tell anyone that you do not know much about the domain industry on larger view.
 
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How you and he does not know that Chinese are the ones interested in such domain should tell anyone that you do not know much about the domain industry on larger view.

there is literally a comment above from Kassey Lee, an expert in the Chinese domain market, who said no one uses 5N.com there. entirely speculative market with no users. not only that but the Chinese market has completely fallen off in the last few years

"The Chinese secondary market has decreased in size significantly, declining from 45% of all transactions in 2017 to 18% in 2020. At the same time, the US market has grown, accounting for ~30% of transactions in 2020, up from 10% in 2017." - https://www.bcg.com/ru-ru/publications/2021/domain-name-secondary-market-insights
 
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I've looked at the domain droplists. Many sheets.

I've looked at the domain name sales data.

Frankly, 99% of domain activity is embarassing and cause and effect from destitute scrubs.

Think about this for a second. A human being with a brain genuinely believes they can sell a domain name like 1Coin.xyz for $5,000.

Stupid. Plain and simple. Dumb. Process of natural selection will likely get the better of people like this.

Now look at this garbage on tonight at GoDaddy: 35533.com.
Live and ongoing auction. Current bid at $11,000, 34 bids etc...

That's a lot of stupid people because this name has zero value. Disagree? Tell me how anyone can successfully use this domain, and justify the price of 11k.

How about this not even a little bit half decent name: RecoverData.com. Pfffft... What were 295 people thinking when they considered this rubbish tonight? It's on the top of the high bid list.

I'm being serious. There is no industry with a collective average IQ below the domain name industry. Go to any registrar and look at the top 10 names for exhibit A.

Okay

How do you stop people from thinking names like "TreeCentral.com" have value?

Or how do you buy a quality aged domain that's had several owners meaning it's likely the previous owner sales tactics could have hurt the value of the name?

Honestly, I don't think it is possible.

Not ever.

I think the industry will be full of dead beat loser cavemen thinking they've discovered fire.

That's why I have been fiercely liquidating. Almost done too.

So if you agree write it down and shed some light. If you disagree, I'll sell you a name with GoDaddy Appraisal at $10,000 for only 10%.

Sarcasm. Sorry, I know I had to elaborate...

If RecoverData.com today is available for hand reg then you would be standing 1st in the queue to reg it...Think before you quote something stupid.
Domain industry runs on the End users requirement and NOT always on the Domain owners choice and selection and most important to sustain in this industry one has to be futuristic, creative with super marketing skills and not DUMB.
 
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change your word to ignorant, you look like the girl on airplane geesh!

 
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Stupid 😂…. No .. people that have ambition enter entrepreneurial opportunities… Desperate people that enter entrepreneurial opportunities simply trying to make fast cash are careless … this applies to most everything that offers a person a chance to turn $1 into $2 .. I don’t fault the desperate .. they are trying .. but most usually run into countless walls in their efforts to make money ..

There are different levels of success in all entrepreneurial opportunities… a person knowing and excepting their own personal skill level and achievements is the key to their own success IMO
 
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I think the OP own each of us an Apology for calling us stupid.
My wife is very upset about this.
Either an apology or $1,000 in my Paypal account is ok to me.
 
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Instead of stupidity, I think a more precise saying is that people in the domain market are less likely to make right investment decisions because:

1. There are no universally accepted valuation models for domains, making domainers hard to value their domains.

2. The domain market is a global market, so it covers cultural and economic differences of countries which increase the difficulty of domain investment.

3. The domain market is not transparent at all as many sales and sales information are not reported. Domainers are harder to get complete information (prices, domain types, sellers and buyers) of all sales and to value domains based on comparable sales.

Because of the above factors, domainers are harder to invest objectively, which creates a wrong thought that domainers are more stupid.
 
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I can feel you dude. But calling stupid i think that includes you will add insult to an injury. Facebook, Amazon, Microsoft, P&G and other companies with multiple domains on their portfolio are also you called "stupid" whether they like it or not they are all domainers like us, though they have great names with them. Actually domainers are clever and knowledgeable individuals. How the hell they sell this for 1Coin.xyz for $5,000? or over?
 
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I can feel you dude. But calling stupid i think that includes you will add insult to an injury. Facebook, Amazon, Microsoft, P&G and other companies with multiple domains on their portfolio are also you called "stupid" whether they like it or not they are all domainers like us, though they have great names with them. Actually domainers are clever and knowledgeable individuals. How the hell they sell this for 1Coin.xyz for $5,000? or over?

Stupid or Clever?:xf.grin:....after seeing your online name "The CEO" i was able to register;

TheCEO.xxxxxx
TheCPA.xxxxxx
ThePhD.xxxxxx

those three domains cost me $3, but stupid is in the eyes of the beholder:xf.wink:
 
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The domain name industry is large because most people drawn to it are so stupid.

Im sorry
 
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I tried selling my best domains in a bundle for $350 last month because I going into other ventures. One of the domains with a $2.3K+ GoDaddy appraisal. Nobody wanted to purchase my names and on NamePros everybody wants a cheap deal.

Why bother with domain names when I get CASHFLOW of 20% in the stock market. You must be pretty gullible if you invest your millions in domain names instead of real estate or stocks. Domain names aren't easily liquidated. Only if you own the best names. One word names and dotcom.
 
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I tried selling my best domains in a bundle for $350 last month because I going into other ventures. One of the domains with a $2.3K+ GoDaddy appraisal. Nobody wanted to purchase my names and on NamePros everybody wants a cheap deal.

Why bother with domain names when I get CASHFLOW of 20% in the stock market. You must be pretty gullible if you invest your millions in domain names instead of real estate or stocks. Domain names aren't easily liquidated. Only if you own the best names. One word names and dotcom.

Basically your thinking in this post sums up why domains don't work out for you.

1. Gd appraisals are just automated guesswork and are often completely off. They had a name in closeouts valued by them at 3900$ and no one would take it for $5 because it was obvious trash.

2. Something that can sell for $2300 is often sold wholesale for 10-30$ because the probability of selling it any given year is just 1% while the probability of renewal fee is 100%. So basically your expectations are completely off.

3. Not sure what cash flow of 20% means, but I assume you mean IRR? Well, you are certainly not guaranteed 20% annually at stock market. Historical averages have been around 10% and you could certainly lose money. At the same time you do domain investments right, you could make 30%-100% return on your investments year after year, even during a pandemic.
 
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3. Not sure what cash flow of 20% means, but I assume you mean IRR? Well, you are certainly not guaranteed 20% annually at stock market. Historical averages have been around 10% and you could certainly lose money. At the same time you do domain investments right, you could make 30%-100% return on your investments year after year, even during a pandemic.
Not guaranteed 20% with stock market??? But supposedly 30%-100% return with domain names. As you mentioned, folks sell 1% of their portfolio or less per year. Who are the folks making those 30%-100% return?? I like to get names, and not folks like Rick Schwartz that talk a big game and started way back in the 1990s.
 
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I tried selling my best domains in a bundle for $350 last month because I going into other ventures. One of the domains with a $2.3K+ GoDaddy appraisal. Nobody wanted to purchase my names and on NamePros everybody wants a cheap deal.

Why bother with domain names when I get CASHFLOW of 20% in the stock market. You must be pretty gullible if you invest your millions in domain names instead of real estate or stocks. Domain names aren't easily liquidated. Only if you own the best names. One word names and dotcom.

Sorry to hear that domain investing didn't work for you as you expected. Even though you don't hear much about it on this forum, many domainers on this forum also invest in other asset classes. Optimizing returns and spreading risks is always wise. This can be done within domaining, but also by spreading investments over different asset classes. Wish you good luck investing.
 
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Sorry to hear that domain investing didn't work for you as you expected. Even though you don't hear much about it on this forum, many domainers on this forum also invest in other asset classes. Optimizing returns and spreading risks is always wise. This can be done within domaining, but also by spreading investments over different asset classes. Wish you good luck investing.
Thank you and agree about diversification. :xf.smile:
 
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Not guaranteed 20% with stock market??? But supposedly 30%-100% return with domain names. As you mentioned, folks sell 1% of their portfolio or less per year. Who are the folks making those 30%-100% return?? I like to get names, and not folks like Rick Schwartz that talk a big game and started way back in the 1990s.

I, for one, make 50%-100% consistently with domain sales. My STR is around 1.5%. 99% of my names are bought from 2015 to now, while 50% has been bought in last 12 months. I have 10 000+ names now.

Domain investing is not too different from art investing. You have to know what assets are worth and would appreciate over the time and which ones will always will be a non-investment grade commodity or just plain trash.
 
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I, for one, make 50%-100% consistently with domain sales. My STR is around 1.5%. 99% of my names are bought from 2015 to now, while 50% has been bought in last 12 months. I have 10 000+ names now.

Domain investing is not too different from art investing. You have to know what assets are worth and would appreciate over the time and which ones will always will be a non-investment grade commodity or just plain trash.
Thank you for clarifying. My problem is likely that I have too few names for sale right now. 10K names is a lot! :xf.smile:
 
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Thank you for clarifying. My problem is likely that I have too few names for sale right now. 10K names is a lot! :xf.smile:

It is a numbers game unless you have a solid budget to go after 5-6 figure names and/or you are willing to actively sell and have necessary salesman and marketing skills.

Btw, in 2014 I had couple of hundred names for my own use. In 2016 I still was considerably below 1000 .com names. I just have been doubling my portfolio every year. Hopefully, will hit 20 000 in 2022.
 
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Thank you for clarifying. My problem is likely that I have too few names for sale right now. 10K names is a lot! :xf.smile:

Hi

10k names = about 100k a year in renewal fees, and that ain't chump change!

the most domains i owned at one time was about 2500 and that was pre-2010

now i'm down to about 250 names.

still, my str is 1% > 2% per year, which is similar to @Recons.Com
and roi per sale, typically exceeds 100% or higher.

you have to scale it, to what works for you, to keep balanced.

imo...
 
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Hi

10k names = about 100k a year in renewal fees, and that ain't chump change!

the most domains i owned at one time was about 2500 and that was pre-2010

now i'm down to about 250 names.

still, my str is 1% > 2% per year, which is similar to @Recons.Com
and roi per sale, typically exceeds 100% or higher.

you have to scale it, to what works for you, to keep balanced.

imo...

Yes. Getting to 6 figure renewals fast )) Hopefully, will get to 7 figure renewals in another 4 years ;) Because that will also mean 7 figure net after commissions and renewals and even acquisitions.

My principle in any business is prove up - learn and adjust - scale up - repeat... So doubling a year serves exactly that. 250 is what I have been buying almost every week lately, although need to slow down a bit )
 
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Hopefully, will get to 7 figure renewals in another 4 years ;) Because that will also mean 7 figure net after commissions and renewals and even acquisitions.

Hi

spending 7 figures, to net 7 figures,
seems like spending $100 to net $100

and to me...the way it's described, seems like a breakeven scenario with a lot of outlay and overhead
and, if one is doing it "solo", then management of such a portfolio could get overwhelming.

but, i guess you know what you are doing

imo....
 
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Hi

spending 7 figures, to net 7 figures,
seems like spending $100 to net $100

and to me...the way it's described, seems like a breakeven scenario with a lot of outlay and overhead
and, if one is doing it "solo", then management of such a portfolio could get overwhelming.

but, i guess you know what you are doing

imo....

(7) figures is a wide range. :)

Even then, if you can break even on paper and at the same time acquire high quality domain as well that is a good long term business model.

I did not make that much money on paper for some time as I was in acquisition mode. I reinvested my sales.

It is possible to break even while building a quality portfolio that pays off on a longer time scale. There are a lot of businesses that acquire assets using that type of business model.

Brad
 
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Hi

spending 7 figures, to net 7 figures,
seems like spending $100 to net $100

and to me...the way it's described, seems like a breakeven scenario with a lot of outlay and overhead
and, if one is doing it "solo", then management of such a portfolio could get overwhelming.

but, i guess you know what you are doing

imo....

hmm... not sure how your math works. I am not "spending" 7 figures, renewals are basically the opex of the business. Since normally renewals are about 1/3 of my revenue, if I reach 7 figures in renewals, it means I have reached triple that in revenue and double of that in profit pre-tax.

And even if I had to invest low 7 figures to get there, it would be a great business, as the investment is one-time event, while the profit would be recurring annually.
 
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