$100k a year

[Mikeross1]

I have a contact inside Godaddy that says he knows a few gentlemen that make $100k a year flipping domains with a portfolio size of 3000 domains. What do you think they are doing..high volume at low price($200 bucks) , or low volume at a high price? Any theories?

 

[campout]

Those sales are probably companies that have a million names in inventory and their business model is to just extract crazy prices on the rare occasions they do a sale -- they wait for the end-user who MUST have that exact name and no other.

 

[garptrader]

While DNJ sales reports are interesting reads, there are numerous $XXXX sales I would not even backorder and at times I wonder if all those sales are real. A 1% turnover ratio with 20% commission means you need a $1250 sale for each 100 domains just to break even (assuming $10 renewals). If you sell at the average SEDO price of ~$600 or have TLDs in your portfolio with higher renewals, you will lose money - likely typical for a fair percentage of domainers. While my portfolio has generally improved over time, sales of US$500+ (the type of sale that justify investing in domain names) are getting more difficult...

2010 13 sales
2011 11 sales
2012 8 sales
2013 8 sales
2014 7 sales
2015 3 sales with only two months left

In nearly ten years I have only had four sales over $1500 so one should not assume that DNJ sales are typical (true I rarely pay more than low $XXX for a domain name). This year I have acquired fewer new domains than in any prior year, have dropped more than in any prior year - even the newbie stage 2006-2008 and have reduced portfolio midpoint pricing by about 75% . As an accounting/finance professional, I see that companies regularly spend thousands of dollars on marketing, IT costs, professional services, travel, etc, yet quite often view domains in the same light as a trashcan - a $25 expenditure. It seems kind of ridiculous at times but the UNwillingness of end users to spend money on domain names is not likely to change radically in the next few months - thus why I have totally avoided new TLDs - in my view equivalent to throwing your savings into a bonfire.

 

[Dominic Belley]

100K a year. That would be nice.
I'd be happy to make 10% of that.

 

[Mikeross1]

Garp- if your portfolio is getting better , why do you think your sales are dropping?

 

[domeen]

While DNJ sales reports are interesting reads, there are numerous $XXXX sales I would not even backorder and at times I wonder if all those sales are real. A 1% turnover ratio with 20% commission means you need a $1250 sale for each 100 domains just to break even (assuming $10 renewals). If you sell at the average SEDO price of ~$600 or have TLDs in your portfolio with higher renewals, you will lose money - likely typical for a fair percentage of domainers. While my portfolio has generally improved over time, sales of US$500+ (the type of sale that justify investing in domain names) are getting more difficult...

2010 13 sales
2011 11 sales
2012 8 sales
2013 8 sales
2014 7 sales
2015 3 sales with only two months left

In nearly ten years I have only had four sales over $1500 so one should not assume that DNJ sales are typical (true I rarely pay more than low $XXX for a domain name). This year I have acquired fewer new domains than in any prior year, have dropped more than in any prior year - even the newbie stage 2006-2008 and have reduced portfolio midpoint pricing by about 75% . As an accounting/finance professional, I see that companies regularly spend thousands of dollars on marketing, IT costs, professional services, travel, etc, yet quite often view domains in the same light as a trashcan - a $25 expenditure. It seems kind of ridiculous at times but the UNwillingness of end users to spend money on domain names is not likely to change radically in the next few months - thus why I have totally avoided new TLDs - in my view equivalent to throwing your savings into a bonfire.

you sell too low then..

 

[catchmesleeping]

When I look through my list of sales for the year, I'm amazed at some of the names that I was able to sell and at the prices. Usually, a buyer has strong desire for a certain name for some reason - maybe it has some personal significance to them, or perhaps they are planning on using that name for a new business. $2,000 is not much money at all, to get the perfect match domain name for your business.

-Kate or Giles ( or any one else that knows)


Well I have a question...As you all know I am new to domaining...I have been researching DNjournal.com sales data to understand the market. Below is actually recent sales data of recently SOLD domains.

How did gleis.com sell for $2,500 ? Nobody here would of believed that? (Not even me,lol)

Honestly, a lot of the domains on the list below are not too impressive. openmyvideo.com $2,295? natureboys.com $2,700??

So what is this about? Any honest input from an expert domainers would be awesome!






wulff.com $4,500 carrylight.com $2,795
ypan.com $4,500 natureboys.com $2,700
eisac.com $4,407 inspirerecovery.com $2,650
d-r.com $4,101 coinloft.com $2,500
healthreviews.com $3,988 facelet.com $2,500
pppv.com $3,800 gleis.com $2,500
mmoo.com $3,656 openmyvideo.com $2,295
originbox.com $3,300 blackdope.com $2,260
assurancesdefrance.com $3,277 boome.com $2,260
sixshop.com $3,164 66356.com $2,195
rejeune.com $3,051 fairbrass.com $2,195
alphapools.com $3,000 recoverylighthouse.com $2,195
humandroid.com $3,000 auev.com $2,140
mailboxexpress.com $3,000 yhzs.com $2,100
drtracy.com $2,999 jjji.com $2,050
cognitivelogic.com $2,995 alibongo.com $2,034
besthoneymoondestinations.com $2,900 netaround.com $2,000
salescircle.com $2,899 printfresh.com $2,000
storage24.com $2,899 robotcasino.com $2,000
mijnalbum.com $2,825

 

[Domain Lead Finder]

Theres 2 models. I do high volume at low prices and I know several other people who do it as well. Here's the secret method: You work every day even Sundays. Today is a Sunday, I am naturally at work. :D

The other model is HugeDomains, they have 100.000-s of domains at ridiculous prices. If anybody can educate me how they manage to sell stupid domains for xxxx$ I am all ears.

 

[gilescoley]

Kate or Giles ( or any one else that knows)


Well I have a question...As you all know I am new to domaining...I have been researching DNjournal.com sales data to understand the market. Below is actually recent sales data of recently SOLD domains.

How did gleis.com sell for $2,500 ? Nobody here would of believed that? (Not even me,lol)

Honestly, a lot of the domains on the list below are not too impressive. openmyvideo.com $2,295? natureboys.com $2,700??

So what is this about? Any honest input from an expert domainers would be awesome!

wulff.com$4,500carrylight.com$2,795
ypan.com$4,500natureboys.com$2,700
eisac.com$4,407inspirerecovery.com$2,650
d-r.com$4,101coinloft.com$2,500
healthreviews.com$3,988facelet.com$2,500
pppv.com$3,800 gleis.com$2,500
mmoo.com$3,656openmyvideo.com$2,295
originbox.com$3,300blackdope.com$2,260
assurancesdefrance.com$3,277boome.com$2,260
sixshop.com$3,16466356.com$2,195
rejeune.com$3,051fairbrass.com$2,195
alphapools.com$3,000recoverylighthouse.com$2,195
humandroid.com$3,000auev.com$2,140
mailboxexpress.com$3,000yhzs.com$2,100
drtracy.com$2,999 jjji.com$2,050
cognitivelogic.com$2,995alibongo.com$2,034
besthoneymoondestinations.com$2,900 netaround.com$2,000
salescircle.com$2,899 printfresh.com$2,000
storage24.com$2,899robotcasino.com$2,000
mijnalbum.com$2,825

You will see a lot of strange sales every week, I see them too and cant understand them? I often got to the domain a few months later and see what its being used for and its often just developed by an end-user for their company. Companies see things in a domain that us domainers dont see, its just the reality of domaining

 

[wot]

You will see a lot of strange sales every week, I see them too and cant understand them? I often got to the domain a few months later and see what its being used for and its often just developed by an end-user for their company. Companies see things in a domain that us domainers dont see, its just the reality of domaining

I think sometimes we see too much. Concentrating on what we think are good domains that end users should want but because we think like domainers your market often ends up as only resellers.
I gave up some years ago trying to work out why some domains sell for $xxxx and others can't attract $xxx.
In terms of the $100K a year, I have done that around half a dozen times but that was actually a few years ago. Not close to that now but then my total portfolio is under 800 names and that makes it difficult.
I need to find out how to buy domains for $1 and sell them for $xxxx in a few weeks.

 

[gaap]

I started this year with about 80 names and I just hit 400 names, 85% handregs. Most of my domains have been acquired since June. I dont spend alot on acquisitions and only have about 6 names I've spent over $100 on. None over $750. I dont have any whopping sales, but I try to get at least $1200 on every name , even reg fee names. I've sold two regfee names for 5k in the the last few months.

I've made about 22k in total this year and I've spent around 6k on domaining related costs. I have a business bank account which all domaining related expenses and sales go back into and I plan not to touch it for anything else until I have 100k in it.

All my names are make offer, and all listed on all major marketplaces.

I want to grow my portfolio significantly as long as I maintain profitability and quality.

I project that I can hit 100k figure with 2k names if I maintain my strategies. 100k(after costs) is my target goal

Could you pm (or tell us here) what marketplaces you put them on?

 

[thetruman]

wrong thread

 

[DTR Alex]

I thing we are missing something and my guesses are:

• business communication
• relevancy (how relevant the domain is to the end user)
• contacting the right individual of the company
• communication over phone
• getting the end-user realized how profitable his or her business become if used the domain name
• avoiding restlessness (I mean there shouldn't be any sense of hurry during the communication)
• showing caring attitude
• showing honesty
• overcoming greed during the communication

and there may be more important points that we should take care of.....

 

[Brandon.Domains]

I'm probably too spoiled but when I read $100k my first thought was "only that little?". In only a few months I made some really good flips. The usual minimum I go for is adding a 0 on the sales end. Say I register for $29.90, I wouldn't bother selling for below $500. Minus fees, currency conversion and taxes what's left anyway?

 

[Robin A.]

I'm probably too spoiled but when I read $100k my first thought was "only that little?". In only a few months I made some really good flips. The usual minimum I go for is adding a 0 on the sales end. Say I register for $29.90, I wouldn't bother selling for below $500. Minus fees, currency conversion and taxes what's left anyway?

If you register a .com domain, do you also register the .net if it is available?

 

[antitheft]

Maybe they're idea mining.

 

[wot]

I'm probably too spoiled but when I read $100k my first thought was "only that little?". In only a few months I made some really good flips. The usual minimum I go for is adding a 0 on the sales end. Say I register for $29.90, I wouldn't bother selling for below $500. Minus fees, currency conversion and taxes what's left anyway?

Congrats on averaging $8000 per month over the last year, or less. How many names would that be?

 

[indiegrind]

Could you pm (or tell us here) what marketplaces you put them on?

Just the big ones. Sedo, Afternic, Godaddy, Flippa, DomainNameSales.com

And again, my main purpose is listing is to increase visibility. I make sure all of my for sale domains have landing pages so that someone who finds the name, likes the name, and types in the URL to see what it points to can easily get in contact with me.

I've spoken to endusers that have no idea what "whois" information is, what Sedo is or that there are places other than godaddy to buy domain names. They just typed in the name they wanted with .com and got to my page with information on how to make an offer on it.

I often find my offers come through other marketplaces or brokers when endusers want to be anonymous. Sometimes I still know who they are and finish the deal if it stalls in the marketplace by reaching out directly.

I get most of my incoming offers through landing pages, but I also make sure my portfolio is heavily weighted with names that if I need to sell something, I can reach out to end users myself that could use my names as an upgrade and make some good flips.

If you fill your portfolio with brandables (other than words or word combinations that describe an industry or product) or with projected future trends, you cant do that. To get a decent sale, you are just going to wait until the endusers come to you in those instances for the most part.

Same goes to most names in extensions other than .com.

 

[Mikeross1]

I divided my portfolio of 230 names in to two folders. One folder is for quick flips ..the other folder is filled with very high priced long term holds. This model provides cash flow but also the chance to hit it big...my question is Godaddy 7-day Auctions a good place to flip quick? What price would a decent hand reg name have to be priced at to flip quick?(sell in 7 days to a month) I would guess $250-$350 on a decent name.

 

[forge]

If you register a .com domain, do you also register the .net if it is available?

A bit off the track, but...

My short answer is no. Not unless you plan to build a business around the .com. One other exception is 4L names; due to the growing interest in 4L .net, I'd be tempted to secure those matching your .coms.

 

[asset.domains]

Well, when Google came along, they were actually better. Google took off, I remember a friend telling me about them. new gtlds, nope. Later on, you had search engines that came along that were called "Google Killers" and actually provided just as good results, like Teoma and AllTheWeb, but it was too late, didn't matter, Google was already ingrained with the public.

maybe you remmeber mamma ?

 

[frostify]

I'm letting go of an entire portfolio of decent domains including a few dictionary words such as GamingTV.com Flashdrive.org Demising.com BearWrestling.com Shunners.com and more. I'm hoping to find people who deal with large numbers of domains to acquire the entire portfolio eventually

 

[Suraj Soni]

That's a very high domains with big risk too, if they will not make that much amount then will be in loss

 

[gilescoley]

my question is Godaddy 7-day Auctions a good place to flip quick

This is really cant be answered without knowing the quality of the names

If a name is good quality, it will sell at any auction
If a name is low quality, you will struggle to sell it anywhere

The best thing you an do it put it up for appraisal on here and that will give you an idea on whether an auction is the best tactic to sell the name

I have found the best way to make money is to auction off your crappy names, and then find end-users for your average names....that works for me anyway

 

[Suraj Soni]

This is really cant be answered without knowing the quality of the names

If a name is good quality, it will sell at any auction
If a name is low quality, you will struggle to sell it anywhere

The best thing you an do it put it up for appraisal on here and that will give you an idea on whether an auction is the best tactic to sell the name

I have found the best way to make money is to auction off your crappy names, and then find end-users for your average names....that works for me anyway

i can't find end user, i try to email them even i have email to more than 100 people but never get a single reply, whats the problem.

 

[Fancy.domains]

thus why I have totally avoided new TLDs - in my view equivalent to throwing your savings into a bonfire.

From January 2015, until now, I have sold new gTLDs for about $16,000. The renewals (for all my new gTLDs) will cost me almost $7000 for the same period, but a 10K profit is not throwing money in the bonfire.

I have "friends" on another forum who are selling new gTLDs for $XXXX, sometimes even high XXXX. Ok, these are often very good ones, but many of us who spent LOT of time on these are now getting some reward.