So far I have seen all types of domains, from 3 letters to even 12, some being more usable and relatable and other domains just being random key presses with numbers at the end.
What I can not figure out to understand is myself having verified premium domains that are more brandable, usable, literally made-up words that can be attached to any business concept, looking more corporate, valuable and some even having the same exact @handle secured on every popular social media platform and still not be sold, after promoting them over and over.
How can I actually sell without underselling before I turn 80? Because by the looks of things thats how long it can take...
Are you new or recent into investing in domains?
Often such people come into this space, with some idea of what they think will bring them success. Usually, I find such people have not understood some key factors, or even thought about them.
One of the main issues for new/recent investors, is to realize that domain names have been generally available to the public for around 35 years and as that time has passed, more and more people have got onto the internet and more and more people have engaged in domain name buying and selling. With many millions of people all working on the same aims (how to register a valuable domain name, or buy one cheaply and re-sell it for lots more), you can see that finding worthwhile and valuable names will have gotten harder and harder over time. And as a consequence of all that cumulative effort, 99% or so of the most valuable domain names have already been registered or are in use by some business or organization.
Therefore, there is very little left that to register or to buy cheaply that is worthwhile, never mind be valuable, and so whatever angle/focus you have come up with in order to find a way to get valuable domain names, it just won’t matter because valuable names are not available anymore, or they are but at sky high prices.
There are only so many letters in the alphabet and letter arrangements that makes sense, and so there is a finite point that will come when there will be nothing left at all to register that makes sense.
I read so many posts of people fixating or focusing on one angle or another and it is often accompanied by the zest and excitement that we probably all had as kids, when we discovered something new in life.
This is a very mature market and there is very little left to own that is worth owning.
Another mistake new people make is thinking that if a name
they have created is available, then it must be worth having. Rarity has to be coupled with demand to create something valuable and it seems this coupling is something new people simply do not understand. Ego and the cheapness of registering a domain creates the impetus for many new people to buy worthless names thinking they are valuable. The so called domain marketplaces are chock full of junk names, all vying for non existent buyers, as people generally don’t spend money on worthless junk.
Sure, hfrtrjfbfgty.com is available, as is stupidgreenlegstoday.com, but no-one wants those names, so no-one will register them or ever search for them.
Made up names are about the only area that is left to with potential to register interesting names. This area takes a lot more work than many new people seem to be willing to do. It requires time, patience, imagination/creativity.
Finally, ignore anyone who claims to be a domain name valuation expert (laughable) or those marketplaces that claim to know what names are worth and who use fancy phrases like “premium” and “brandable”. These are not facts they are giving about names, but opinions and opinions only. These sites are not interested in domain name value, just turnover, so they price names low so they can sell them. They don’t care about the true value of a domain name. These so called marketplaces are like real estate agents (who are also not interested in home values but just turnover) and they determine home prices, not the homes.
The people in these marketplaces emit a lot of hot air and fluffy words and they are mostly little boys sitting in offices with egos larger than the planet. These people cannot add any value to a domain name, not now and not ever.
I don’t know what you have already registered, but perhaps it would be better if you don’t spend any more money now and take some time to study for a while on made up names and see what you come up with. This site has some good resources for beginners and recent entrants so you can use those