interviews Interview: AbdulBasit Makrani on His $400,000 in Domain Sales Between January and June 2021

James Iles · Jul 22, 2021

One of my favorite domain name investors is AbdulBasit Makrani (@AbdulBasit.com), the founder of AbdulBasit.com who owns a portfolio of several thousand domain names. I last featured AbdulBasit on my blog in December 2020 when he broke $500,000 in sales for the year. Now, he’s back to discuss how he’s faring in 2021...

Read the interview on my blog

lovely4ever · Jul 24, 2021

Congrats bro @AbdulBasit.com for the amazing results you are achieving !
you have a collection of high quality .CO domains , but what do you think about this extension in general ?
i mean for the medium quality .CO domains and the future trend of the .CO ??
i woud love to hear your thoughts and openion please .

AbdulBasit.com · Jul 24, 2021

GoWebnames.com said:
Congratulations @AbdulBasit.com, impressive stats. Two questions:

1) You mention the acquisition cost as $25k for these sold domains but how many of domains were actually sold during this period? The interview lists only 10 of them sold for about $160k.

2) What's your acquisition cost for the 1820 domains you added in between? What percentage of them is hand registrations?

Thank you!

Those are some good questions for sure.

1) 59 domains were sold from Jan-Jun 2021. I purposely shared only a few of the sales. But the total number of sales makes it clear the average sales amount which is +$6,500.

2) On an average I can say $400 each for those 1,820 domains. No hand registration domains at all.

GoWebnames.com · Jul 24, 2021

AbdulBasit.com said:
Thank you!

Those are some good questions for sure.

1) 59 domains were sold from Jan-Jun 2021. I purposely shared only a few of the sales. But the total number of sales makes it clear the average sales amount which is +$6,500.

2) On an average I can say $400 each for those 1,820 domains. No hand registration domains at all.

Thank you, this sort of information is quite helpful.
I was guessing the same, $300-$700 is sort of what you end up spending for any kind of old domains.

Digital Nomad · Jul 24, 2021

@AbdulBasit.com Thanks for always being so open to the community! You are one of my favorite investors too. Congratulations on your success and peace my brother. Always stay as humble as you are.

Cheers,
Frans

huwenbin · Jul 24, 2021

Cool, but where to find the client

AbdulBasit.com · Jul 24, 2021

lovely4ever said:
Congrats bro @AbdulBasit.com for the amazing results you are achieving !
you have a collection of high quality .CO domains , but what do you think about this extension in general ?
i mean for the medium quality .CO domains and the future trend of the .CO ??
i woud love to hear your thoughts and openion please .

Happy to see you like it

I'm confident about the .CO extension right from it's launch and have been closely watching it. If you study this extension, you'll notice that slowly but steadily the awareness and demand among endusers is increasing and so are the prices in auction houses.

Although I invest only in 1 word and 3L .CO domains and rarely into 2 words. But now a days people are selling 2 words quite regularly. The reason I don't invest in 2 words .CO is because my minimum selling price for any domain is $1,988 and setting up the same base price for regular 2 words .CO won't work successfully.

Good luck!

AbdulBasit.com · Jul 24, 2021

URLU said:
@AbdulBasit.com Thanks for always being so open to the community! You are one of my favorite investors too. Congratulations on your success and peace my brother. Always stay as humble as you are.

Cheers,
Frans

Thank you Frans!

Your kind words mean a lot!

AbdulBasit.com · Jul 24, 2021

huwenbin said:
Cool, but where to find the client

I don't do outbound. I simply use AN landers.

Eng.Balogun · Jul 24, 2021

AbdulBasit.com said:
Since I receive the report every month, I can say that more than 50% of my sales are happening via GoDaddy search and the rest is via partner registrars and the lander itself.

I'll share my thoughts on Afternic BIN lander next week on my blog and NamePros.

Thanks!
Looking forward to the post...

nametrekker · Jul 25, 2021

Congrats, Abdul! @AbdulBasit.com

Keep forging on! Everything you're doing, keep doing.

Making those ROI(s) without having any domains registered pre-1997 in your portfolio is outstanding.

Also nice you're willing to share advice, and point out what has worked for you.

NameBuyer.com · Jul 25, 2021

Congrats again @AbdulBasit.com !

What is the biggest change you’ve made in the last couple years? As far as I remember, before that you were regularly under $200k per year.

AbdulBasit.com · Jul 25, 2021

nametrekker said:
Congrats, Abdul! @AbdulBasit.com

Keep forging on! Everything you're doing, keep doing.

Making those ROI(s) without having any domains registered pre-1997 in your portfolio is outstanding.

Also nice you're willing to share advice, and point out what has worked for you.

Thank you so much!

I'm always eager to learn something new and just wants to give back whatever I can back to our community which has helped me in many ways.

AbdulBasit.com · Jul 25, 2021

NameBuyer.com said:
Congrats again @AbdulBasit.com !

What is the biggest change you’ve made in the last couple years? As far as I remember, before that you were regularly under $200k per year.

Thank you!

Mainly it's the lander change from Uniregistry to Afternic.
Then I would say it's the price change (overall increment) and doubled my portfolio during the last 2-3 years period.

topros · Jul 26, 2021

AbdulBasit.com said:
More than half of my sales are happening via GoDaddy search where buyers just type in the domain and just checkout. Very few are via partner registrars where again there is BIN on their search results page. And also very few via Afternic lander which is sometimes surprising to me considering the number of sale happens via GoDaddy search compare to lander. But still the lander conversion is acceptable.

Since I've tried other platforms like I mentioned earlier, I'm a bit hesitant to give a try to some other companies because so far the results at Afternic are overall very good but I appreciate your suggestion and the detailed reply you did.

If you ever try Afternic landers, my suggestion is to go with NS3/NS4, put up BIN, try for at least some months and with your entire portfolio to see clear results.

Best wishes!

congrats @AbdulBasit.com

If you ever try Afternic landers, my suggestion is to go with NS3/NS4, put up BIN, try for at least some months and with your entire portfolio to see clear results.

How can i do/change NS3/NS4 @ Afternic landerpage?

have you sold any domain @ sedo?

Sinh · Jul 26, 2021

Congratulations @AbdulBasit.com, you are doing a great job. Thank you for your sharing always.

AbdulBasit.com · Jul 26, 2021

topros said:
congrats @AbdulBasit.com

If you ever try Afternic landers, my suggestion is to go with NS3/NS4, put up BIN, try for at least some months and with your entire portfolio to see clear results.

How can i do/change NS3/NS4 @ Afternic landerpage?

have you sold any domain @ sedo?

Thanks!

Simply change the nameservers to ns3.afternic.com/ns4.afternic.com
Yes, I've sold domains via Sedo but that's occasionally. Like this year I've sold Overloop.com for $42,888. More details here.

DomainNameFlow · Jul 27, 2021

AbdulBasit.com said:
Thanks!

Simply change the nameservers to ns3.afternic.com/ns4.afternic.com
Yes, I've sold domains via Sedo but that's occasionally. Like this year I've sold Overloop.com for $42,888. More details here.

Congrats!! @AbdulBasit.com

if you know or have any guess, why ns3 & ns4 pair is better than ns1 & ns2 when it comes to sales?

jiy k · Jul 27, 2021

Inspiring Sales. Congratulations. I see only NS1 and NS2 mentioned.in Afternic. Can you please tell me where are NS3 and NS4 mentioned.
Thank you.

AbdulBasit.com · Jul 27, 2021

DomainNameFlow said:
Congrats!! @AbdulBasit.com

if you know or have any guess, why ns3 & ns4 pair is better than ns1 & ns2 when it comes to sales?

Thank you!

I've never tried ns1/ns2 but I believe ns3/ns4 works much better because I've tried Uniregistry landers both with and without the ads which ns1/ns2 at Afternic have it.

I saw a significant difference especially in inquiries because the person landing on the page gets confused when seeing so many ads and only on top there is a link to inquire about the domain whereas when a lander shows complete package of this domain is for sale and how to contact, fill up form, etc. That allows you to receive more inquiries which may turn into more sales.

AbdulBasit.com · Jul 27, 2021

jiy k said:
Inspiring Sales. Congratulations. I see only NS1 and NS2 mentioned.in Afternic. Can you please tell me where are NS3 and NS4 mentioned.
Thank you.

Thanks!
You may want to check here and search for ns1 and ns3 for better understanding.

jiy k · Jul 27, 2021

@AbdulBasit.com Thank You for this Informative Article.

Domainuu · Jul 27, 2021

Congratulations @AbdulBasit.com.
Could you please shed some light on your new additional 1820 domains, how many percentages of privately acquired or auction houses?

AbdulBasit.com · Jul 28, 2021

Domainuu said:
Congratulations @AbdulBasit.com.
Could you please shed some light on your new additional 1820 domains, how many percentages of privately acquired or auction houses?

Thank you!

That's another nice question which I never calculated exactly but I can give some rough estimates...
I did the most number of acquisitions in the last year than ever. It took a lot of time but the grinding was worth it on a long term basis. Between 20-25% was acquired privately. And usually they were in 4 figures each which increased the overall acquisitions cost.

AbdulBasit.com · Jul 29, 2021

Wisher said:
Have you considered testing some of your portfolio with the new Buy it now GD ones to see if uptick in conversions? Would be good if anyone has any data on it. Agree on the GD branding. You can have higher commissions and still make more if conversions are better.

Here is my answer.

barybadrinath · Aug 14, 2021

Abdul bhai is an intelligent domainer and moreover a great human being. I hope so called journalist interviewing him also learns something about honesty and neutral journalism.

interviews Interview: AbdulBasit Makrani on His $400,000 in Domain Sales Between January and June 2021

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