$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?

 

[BrandChimp]

To win this game you need to buy names that are undervalued.

exemple: You buy LLLL.com under $100. You can flip them within 24h and double your money.

This is how you make money flipping domains!

 

[NameOmnia]

You buy LLLL.com under $100

Except that is virtually impossible to buy lllls for under 100$...unless the seller has lived under a rock for the past year or so.
Anyway..if you have a llll-pusher with cheap good stuff I am all ears

 

[Genius327]

When you say made $100k do you mean wwith 7 premium names or 7 negotations?

650 domains.

 

[Genius327]

To win this game you need to buy names that are undervalued.

exemple: You buy LLLL.com under $100. You can flip them within 24h and double your money.

This is how you make money flipping domains!

That's a sure way to make yourself called a low-baller!

 

[Genius327]

Except that is virtually impossible to buy lllls for under 100$...unless the seller has lived under a rock for the past year or so.
Anyway..if you have a llll-pusher with cheap good stuff I am all ears

I concur with you on that. It's only a waste of time finding 50% undervalued stuff...

 

[BrandChimp]

That's a sure way to make yourself called a low-baller!

Auctions, BIN, Backorders

I've been selling names in the 4 figure and I usely buy them between $1 and $59

 

[Genius327]

Auctions, BIN, Backorders

I've been selling names in the 4 figure and I usely buy them between $1 and $59

Do you buy LLLL.coms for $1 and $59?

 

[domeen]

Yeah, in 2003

 

[BrandChimp]

Except that is virtually impossible to buy lllls for under 100$...unless the seller has lived under a rock for the past year or so.
Anyway..if you have a llll-pusher with cheap good stuff I am all ears

Well, you may have to dig a lot.

Andrew Rosener bought LLL .com under $6k in the beginning of this year.

2 years ago I was buying ccc.com for $80 and I was able to flipp them in less than 24hr between $300 and $500.

I also bought 5N .com for $10 each and a week later they were starting to sell for more than $100 each.

I got some LLLL.net for reg fee and 1 month later they worth $100+

You make money on the buy.

 

[BrandChimp]

Yeah, in 2003

Last year.

 

[BrandChimp]

Do you buy LLLL.coms for $1 and $59?

Well, you have to dig where others don't.

You never know what you can find

 

[domeen]

Last year.

I said when I bought most of mine. lately I am too lazy to buy anything

 

[Genius327]

Well, you have to dig where others don't.

You never know what you can find

Sure, good luck, buddy.

 

[Mikeross1]

-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

 

[JayT]

-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

I think a lot of those are strange too. my guess is lucky, a couple possible end-users with an idea we don't see.

 

[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..