Daniel Moran
Established Member
- Impact
- 159
Hi all
I just wanted to introduce myself to domaining community here and talk about my first sale which came quicker than I expected!
I have always been fascinated by the world of domain flipping but never really made the next step in actually getting involved. For the past few months I have been reading articles, listening to podcasts and looking at listing on the various marketplaces.
Last week I decided to take the plunge and invest a few hundred euro in some domains.
My strategy:
I live in Ireland and have been following the sales of the dot ie extension for a while now. I made a list of dictionary dot ie words that would have end user appeal and that were still available and crossed referenced that with a list of industries/individuals that I thought would be open to buying. My goal here was to leverage my knowledge of the Irish market (my background is in advertising and media buying) so that I could sell the dot ie domains and reinvest that money into buying more generic domains that would reach a wider audience - .com, .net, .org and .co were the areas I wanted to invest in.
The same day on my domains on Sedo sold for a 220 eur. Again, hand regged for 5eur.
Domain Investment on sold domains: 10eur
Sales: 3720eur
Needless to say I was hooked!
I know it wont always happen like that but it was an extremely beneficial learning experience
Thanks!
Dan
I just wanted to introduce myself to domaining community here and talk about my first sale which came quicker than I expected!
I have always been fascinated by the world of domain flipping but never really made the next step in actually getting involved. For the past few months I have been reading articles, listening to podcasts and looking at listing on the various marketplaces.
Last week I decided to take the plunge and invest a few hundred euro in some domains.
My strategy:
I live in Ireland and have been following the sales of the dot ie extension for a while now. I made a list of dictionary dot ie words that would have end user appeal and that were still available and crossed referenced that with a list of industries/individuals that I thought would be open to buying. My goal here was to leverage my knowledge of the Irish market (my background is in advertising and media buying) so that I could sell the dot ie domains and reinvest that money into buying more generic domains that would reach a wider audience - .com, .net, .org and .co were the areas I wanted to invest in.
- I created a sales letter for each domain that was tailored to each industry. A handful of the domains could function cross-industry and I didn't want the reader to think I was just copying and pasting.
- I amassed a list of contacts for various business using hunter.io to find email addresses and cross-referencing those email addresses against LinkedIn profiles so that I could be reasonably confident I was talking to a decision maker in the business.
- I set up my domains on the usual market places including DAN, Afternic and Sedo (Sedo seems to do quite well for dot ie)
- Once I had the domains set up and the contact list for each finalised, I began sending outbound emails and linkedin messages.
- Note: At this point I knew I was new to world of domain investing and didn't really expect any return this early but whether something sold or not I was going to learn something and that's always beneficial!
The same day on my domains on Sedo sold for a 220 eur. Again, hand regged for 5eur.
Domain Investment on sold domains: 10eur
Sales: 3720eur
Needless to say I was hooked!
I know it wont always happen like that but it was an extremely beneficial learning experience
Thanks!
Dan