Aspiring Billionaire
Established Member
- Impact
- 549
I may be new to domaining, but I have a technical mindset when it comes to finding the "silver lining" in potential business opportunities ... and this is one of them.
NAMECHEAP.COM is having a Star Wars special, pricing their .XYZ domains at 44c each (with the promotion running through to the 17th of May 2016. However, they've further reduced this pricing to a mind-blowing 26c per .XYZ domain! So here's my thinking:
If was to invest $260 in a thousand domain names, I'd have a portfolio of 1000 domains in an instant, which is (theiretically) valued at roughly $10 000. That's a saving of $9 740 on the lot!
Now of course there are other factors to consider, such as the renewal fee of $10 000 in the next 12 months, the fact that most of the good names are already taken, etc. etc. etc. ... but even if one was able to successfully conclude 1 sale of $260 out of the 1000 domains then you'd have broken even. Plus, worse case scenario, the domains can expire when the renewal period arrives in 12 months time, no harm no fowl. A small risk for potential gain, that's business basics 101, right?
Personally, I could think of a few ideas for these domains, like easy one-page web-templates (or even whitelabel sites) used for link-building, or advertising space for products & services of larger projects. Either way, who isn't wiling to risk a $260 annual marketing budget that could potentially expose a brand to millions of users across the internet for a full year. I'll be starting off with a specific industry in mind, hoping to acquire 100 domains to start with.
What are your thoughts on the idea, and what would you advise others to do with the domains if you were asked the question "I have 1000 .XYZ domains for a year, what can I do with them"?
Looking forward to the wisdom shared :D
NAMECHEAP.COM is having a Star Wars special, pricing their .XYZ domains at 44c each (with the promotion running through to the 17th of May 2016. However, they've further reduced this pricing to a mind-blowing 26c per .XYZ domain! So here's my thinking:
If was to invest $260 in a thousand domain names, I'd have a portfolio of 1000 domains in an instant, which is (theiretically) valued at roughly $10 000. That's a saving of $9 740 on the lot!
Now of course there are other factors to consider, such as the renewal fee of $10 000 in the next 12 months, the fact that most of the good names are already taken, etc. etc. etc. ... but even if one was able to successfully conclude 1 sale of $260 out of the 1000 domains then you'd have broken even. Plus, worse case scenario, the domains can expire when the renewal period arrives in 12 months time, no harm no fowl. A small risk for potential gain, that's business basics 101, right?
Personally, I could think of a few ideas for these domains, like easy one-page web-templates (or even whitelabel sites) used for link-building, or advertising space for products & services of larger projects. Either way, who isn't wiling to risk a $260 annual marketing budget that could potentially expose a brand to millions of users across the internet for a full year. I'll be starting off with a specific industry in mind, hoping to acquire 100 domains to start with.
What are your thoughts on the idea, and what would you advise others to do with the domains if you were asked the question "I have 1000 .XYZ domains for a year, what can I do with them"?
Looking forward to the wisdom shared :D