- Impact
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Hello Guys
As in title.
For me, It is the investing in 5L.com Chips.
As in title.
For me, It is the investing in 5L.com Chips.
Judging by what I'm reading around. most domainers
are after big money... and their account is always in red
between sold and renewal.
Please, allow me to suggest you something you can solve
that problem.
If you think out of the box, you can buy a $9.00 DN and
turn around and sell it for $65.00. Obviously, you may do better.
Let's do the numbers:
$65 - 9 ÷ 9 = 622.2222% Gross Profit meaning $56.00.
In what another kind of selling transaction could you do that
gross profit? Go ahead, I'm listening... which one?
Dedicate part of your working time and try it without giving up.
The distance between you and your goal is call Action.
Please can you put me thru on how to get good DN, this has always being my major problem. What do you use in searching for a good DN because going by what you said about reg $9 DN and reselling at $65 makes a lot of sense to meDN = not dot.net, but abbreviation for DomainName.
How do u search for domains, I would be grateful if you can throw some lights on what you do to make sure that you sell at least 10% of your inventory. I have 9 that are about to expire now.I wonder what dialup.com is worth today, just shows you how its good to stay up on new technology
Moviedeo, Your plan doesn't take into account most domainers carry a large inventory which is an expense
if all there inventory sold every year with a 622 percent profit then you would be right, but most don't sell that many,most don't even sell 10 percent of their inventory. I agree with you on the point most domainers are looking for giant sales and miss the forest for the trees. Better to have one in the hand than 2 in the bush.I prefer to sell in the middle of the market 1 or 2 sales covering all my reg fees then any additional sales are profit. Your plan is good for you because you obviously reg decent names to be able to resell them all.
but most names we see here aren't worth reg fee.Some of mine included.
Joe T
Please can you put me thru on how to get good DN, this has always being my major problem. What do you use in searching for a good DN because going by what you said about reg $9 DN and reselling at $65 makes a lot of sense to me
Can u give me an example of the strategy u use cos i all i do is buy contact endusers and list them, that is all and if no one replies, i pray it sells at listingYou need intuition in registering domains that can sell at your price-point. Whether it's $65 or $6500. It always helps to have your strategy for your sale in place for a domain, before you buy it.
Which ones?Not registering some great new gTLDs combos, while there were still available at standard renewals
investing in 6N.com
I did not do any major mistakes that cost me a lot of money but I guess I should not have let myself try the 5L, 6N and even 7N (yeah!!) rush for big buck!!
In total that represents around 125 domains, $1,000 down the drain.
quantity instead of quality
Agreed, but with domaining people can spend low and try to sell fast, it is very attractive, as opposed to stocks and shares or whatever, which everyone knows is a pros game right? Domaining is the same, but because you can reg for $5 or a little more people get their creative juices flowing thinking of getting rich quick (who can blame them).New people need to get it through their heads that it is just like any other investment.. LEARN about it before investing...
Please can you put me thru on how to get good DN, this has always being my major problem. What do you use in searching for a good DN because going by what you said about reg $9 DN and reselling at $65 makes a lot of sense to me
How do u search for domains, I would be grateful if you can throw some lights on what you do to make sure that you sell at least 10% of your inventory. I have 9 that are about to expire now.
I even thought of giving them out for just $50 if i see anyone interested in them
TECHNICALDEGREEONLINE.COM
MANPOLO.COM
MUTUALHOMELOAN.COM
SUMMARYGAME.COM
3HOUD.COM
AGIC.CO
FUMCOP.COM
PLACEOFSTONES.COM
ITSOREGON.COM
Can u give me an example of the strategy u use cos i all i do is buy contact endusers and list them, that is all and if no one replies, i pray it sells at listing