discuss 2 Years as a domainer no sale.

[Rich Trader]

Hi, This is Rich Trader. I have been in the domain game since jan 2016. But haven't made even a single sale yet. I own 32 domains. But not even a single sold. I have invested money in buying and renewals.Any suggestion on how to sell would be welcome.

 

[ngignac]

Might have something to do with your expectations. Nothing wrong with believing in your domains but pricing at these levels will scare away even an end user that is interested in acquiring for a reasonable price.

https://www.namepros.com/threads/f-ckatx-com.1061068/

"
f*ckatx.com

Starting bid $1000000

$100000 increment

Bidding ends in 72 hours

23 jan 7:30p.m

Eastern TIme

BIN $5000000
Renewal date jan 2020

Registrar
Godaddy

f*ckatxxx.com

Starting bid $2500000

$25000 increment

Bidding ends in 72 hours

23 jan 7:30p.m

Eastern TIme

BIN $3600000
Renewal date jan 2020

Wire Transfer

Registrar
Godaddy
"

 

[Rajnish Prasad]

You dont need to be disheartened...This industry is all about LEARNING first, INVESTING and then EARNING...But we get carried away seeing other domainers earning in millions and so we just follow the opposite trend i.e - we start thinking to EARN --> Then we INVEST in craps--> and then we LEARN from our mistakes..so better you dont do this mistake again..

And i am sure many of us including me have started domaining like you and bought lot of Crappy domains at our initial stage wondering to be millionaire the next day

Most important thing is that you need to update urself according to the market, learn from some best domainers, follow the domain forums and news, watch the latest trends going in the market and their future values...

Rest, Domaining is also more about Luck where Sometimes crappy ones also gets sold...So dont loose faith..
50% Luck
50% Your Hardwork

What i could say that you are very courageous to disclose your failure in a forum like this and i am pretty sure you will get success shortly...as People who can face their failure and ready to learn can always succeed..

All the best for your future..

 

[ScalableDomains]

Hello RichTrader
The good thing is that you are on this forum asking questions. Keep asking questions.

The bad thing is that you waited 2 years before taking any action. Nonetheless, here you are.

The upside to domaining it has a low barrier to entry and will not lose a whole lot when starting out. Just don't go crazy.

There are two tactics to domaining:
1. Buy and hold
2. Turn and burn

Strategic Revenue provides a good example of the turn and burn cycle of 3 letter domain name.
https://www.strategicrevenue.com/wi...tter-lll-domain-investments-of-last-10-years/

You have been provided some really good advice from this thread. You have to decide if this will be your "one thing". Remember, it takes 10000 hours to become an expert and 66 days to form a habit.

Make a decision and move on to figuring out to selling your domains. You have to knock on doors. For every 100 no's you will get one "yes" and that "yes" could be huge. You will not know until you get started.

Good luck.

 

[stewmath]

Theyre priced far far far to high in your NP auction thread, id probably recommend taking the 5 Zeros off the end

 

[MapleDots]

Might have something to do with your expectations. Nothing wrong with believing in your domains but pricing at these levels will scare away even an end user that is interested in acquiring for a reasonable price.

https://www.namepros.com/threads/f-ckatx-com.1061068/

"
f*ckatx.com

Starting bid $1000000

$100000 increment

Bidding ends in 72 hours

23 jan 7:30p.m

Eastern TIme

BIN $5000000
Renewal date jan 2020

Registrar
Godaddy

f*ckatxxx.com

Starting bid $2500000

$25000 increment

Bidding ends in 72 hours

23 jan 7:30p.m

Eastern TIme

BIN $3600000
Renewal date jan 2020

Wire Transfer

Registrar
Godaddy
"

To OP

25k increments..... that would keep my attention for a milli second before I shook my head and hit the next link.

As a new domainer focus first on getting a couple of hundred dollar sales, then graduate up to a couple of sales in the thousands and as you learn and your portfolio gets better you can think about which of your domains are exemplary and price them accordingly.

Realistically, a large part of the domainers on the forum will never even get a sale past 10k. The business above the 10k level is basically reserved for three groups.

Group 1. - Lucky as hell

Group 2. - Domainers really good at their craft

Group 3. - People who bought before the gold rush and own the dictionary.


I've been doing it since 2002 and still wonder if I have ever graduated into group two
(especially during dry spells).

I wish you all the best and hope you have better luck moving forward.

 

[forge]

 

[learie]

"Hmmm" It seems as though you have a serious challenge in your hand. I think the best advice is to cut your losses and sell out what you have right on this platform "cheap" and invest in some better names. Please don't get trap in thinking that you have such great names because of the "crypto epidemic". Don't get fooled like the dog trying to catch his own tail. Stop! And listen to the pieces of advice carefully, no offense bro just tough love...

 

[toughdomains]

it looks like all your names go to a godaddy page. why not set up landing pages for all these names it will greatly increase the number of offers you get.
In addition to your own store or landing pages you should be listing all these names at sedo, godaddy afternic and all the other market places.
You can also take a few of the best names and promote them on domaining or namebio for $20 to get more exposure. make sure you link those advertised names to your own landing page to avoid the commission of the marketplaces. Also this biz is strange you could go years with no offers or sales then make 3 in one year. Patience is key but hard work and promotion of your assets will help.

 

[mpls]

Might have something to do with your expectations. Nothing wrong with believing in your domains but pricing at these levels will scare away even an end user that is interested in acquiring for a reasonable price.

https://www.namepros.com/threads/f-ckatx-com.1061068/

"
f*ckatx.com

Starting bid $1000000

$100000 increment

Bidding ends in 72 hours

23 jan 7:30p.m

Eastern TIme

BIN $5000000
Renewal date jan 2020

Registrar
Godaddy

f*ckatxxx.com

Starting bid $2500000

$25000 increment

Bidding ends in 72 hours

23 jan 7:30p.m

Eastern TIme

BIN $3600000
Renewal date jan 2020

Wire Transfer

Registrar
Godaddy
"

It is crazy price a crappy domain (sorry but it is true) like fuckatx.com starting bid $ 1.000.000.

It is good sense guys, does not matter learning or experience here.

Why someone has to buy that domain 5 million (????) when .net, .org, .EVERYTHING are available for few bucks (or cents)?

With 5 million a smart guy will buy 5 LL .coms, not fuckatx.com (correct price tag for this is 1 cent).

It is so simple.....

 

[d-e-x]

For new domainers only, do not play this game:
- If you don't have enough money to lose
- If you expect easy and fast cash
- If you don't have enough money to invest
- If your English is not good enough

 

[Candace]

@Rich Trader, I started the same time as you (Jan 1st 2016). I've had multiple sales since then, and I'm now earning as a broker at Starfire Holdings.

But to get there, I studied and studied and studied (DNAcademy and NP), and volunteered myself for many unpaid and paid opportunities in the domain world: blogging, beta testing, transcribing, fetching coffee (not really) etc. Through doing this, I was able to make friendships that have definitely helped me learn and earn.

I've had many domainers let me in on little secrets to selling. Why? Because they realized that I listened, I worked hard, and I was committed to 'giving back' to them in terms of information (whether it be a sale they didn't know about, or any other information I researched and found).

Study, Listen, Learn, Grind, Be Diligent, Be Helpful, Be cool. Don't be weird! Don't have a desire to get rich quick. You'll get there.

 

[Dave]

@Rich Trader, I started the same time as you (Jan 1st 2016). I've had multiple sales since then, and I'm now earning as a broker at Starfire Holdings.

But to get there, I studied and studied and studied (DNAcademy and NP), and volunteered myself for many unpaid and paid opportunities in the domain world: blogging, beta testing, transcribing, fetching coffee (not really) etc. Through doing this, I was able to make friendships that have definitely helped me learn and earn.

I've had many domainers let me in on little secrets to selling. Why? Because they realized that I listened, I worked hard, and I was committed to 'giving back' to them in terms of information (whether it be a sale they didn't know about, or any other information I researched and found).

Study, Listen, Learn, Grind, Be Diligent, Be Helpful, Be cool. Don't be weird! Don't have a desire to get rich quick. You'll get there.

Great advice. I like this one particular message that is on the DNAcademy homepage.

"Rookie investors and consultants read a blog post and focus on tactics that might work for someone else one time, while true domain name professionals use a structured approach. This program will teach you that".

 

[Ace3coiner]

Your crypto-related Dns are neither here nor there. As others have suggested, you need to follow the trends and see what is actually selling get clues from Namebio.com e.g. trype crypto or blockchain in the search bar and see the results for completed sales in comparison to your own list.

 

[Rich Trader]

Hello everyone, I appreciate your overwhelming support on the thread, I really deeply respect and appreciate all the feedback and support provided by the community. The domains mentioned were bought from godaddy, A great registrar and I have dropped all the domains in the portfolio. Expect a few branded and personal ones. I didn't feel right owning adult domains, as porn is big problem for some people so all the adult domains and the crpto and blockchain ones have been deleted, taking cues from the feedback.
Thanks
Rich Trader

 

[elevator]

I would sell the whole portfolio for 2000
If a buyer comes along.
I would like a strategy to market the whole portfolio.

You are talking of selling your portfolio; but you haven't post what you are having in the portfolio. I do not think any one can buy what they have not seen.
But from my own perspective on some of your domains you posted, I don't see any end user that could love any of those posted.
You need to study more better here on name pros and many other blogs, and follow what is going on in the market. If you are investing on crypto, try as much as possible to invest on correct spelling and try to get those names that can be so much useful on crypto niche and not just crypto anything that have no value in the niche.
My suggestion are: get your names listed at many marketplaces and see what could happen. Price them low in order to brake the even of not selling anything and from then improve on your strategies on getting good names.
Renew only those that are valuable and drop those that are bad.

Good luck

 

[franka46]

Help !!
I am in domaining many years and have not sold any domains ,please help me too ,i only have about 1200 left ,[lol]
http://www.nonspecified.com
Efty Domain Sales MarketPage.

 

[elevator]

Hello everyone, I appreciate your overwhelming support on the thread, I really deeply respect and appreciate all the feedback and support provided by the community. The domains mentioned were bought from godaddy, A great registrar and I have dropped all the domains in the portfolio. Expect a few branded and personal ones. I didn't feel right owning adult domains, as porn is big problem for some people so all the adult domains and the crpto and blockchain ones have been deleted, taking cues from the feedback.
Thanks
Rich Trader

Nice you dropped them, but dropping them is not enough like learning some good factor for dropping those names, so that you don't repeat same things once again.

 

[james haw]

As a new domainer focus first on getting a couple of hundred dollar sales, then graduate up to a couple of sales in the thousands and as you learn and your portfolio gets better you can think about which of your domains are exemplary and price them accordingly.

I don't disagree in that approach, but given the OPs names and their struggle to value them, at this point I'd say just get some sales at $xx with tiny profit.

The further up the value ladder you climb the harder it becomes to accurately value a name. For example a name that could sell for $xx or low $xxx is easier to identify (and sell for that) than trying to ascertain if a name is decent and determine if it's worth mid $xxx or mid $xxxx. Sure higher value names sell faster, and easier, but it really takes experience to know how much you are leaving on the table and if it's worth it for your circumstances.

Plus, buying a name at reg fee from a lot of time researching a non-crap one, or an auction here at NP, is a lot less risk to try to flip while learning. Chances are if you buy here at NP for eg $18 you'll probs flip it here again for somewhere near that (As long as there were other bidders in the auction).

Buying a $500 on an auction or drop bid war could end up being a costly lesson. Such names usually take longer to sell too.


However, how you do all of this is up to you. There are no hard and fast rules, there is no bullet point list that will work every time for ever domain in every niche. So you can (and must) read advice, and takes notes, but you need to use that information to determine your own direction in how you will buy and sell etc.

 

[distlej]

Thoughts from someone who has been doing this for a while and has made every mistake there is...

Try to switch from the mindset of "I think this is neat sounding name that someone will pay me for!" to
"I need to research what domains and keywords are selling and what are people paying for them."

The first approach is a shot in the dark, a guess, a gamble. And for a beginner has no chance of success, and is virtually always, without fail, WRONG! It's a way to lose money, get discouraged and have a "scream at the world" moment.

The second approach involves looking at real information, about past domain transactions and using it to make a prediction about your future chances of making a profitable sale. The best way to get this information is a site like namebio.com that allows you to cull and analyze past sales by keyword, niche, etc.

Think about real estate investors. Do they go out, buy the first property in a location they hear rumors about, and then sit back and wonder why no one wants to buy it? If they do that, they quickly go broke! A smart real estate investor uses comparable sales "comps" to estimate the value of a property BEFORE he buys. And also uses that same information to set his selling price.

Domains are the real estate of the Internet. So make sure you don't do the real estate equivalent of throwing a dart at a map, and buying what you hit. Unfortunately, most of the Park Avenue domains were bought long ago. What you are looking for is the up, and coming, neighborhoods, before they get too expensive. Then you can sell them and make a tidy profit!

The details of analyzing keyword placement, such as the order they appear in domains, ups and downs in the market, Brand domains, fads, different TLD values versus Dotcom, benefits of different marketplaces, marketing to end users, pricing strategies such as Buy Now versus Make Offer and tons of other things, only come with experience. But you must begin with informed, researched, purchases to have any chance of succeeding.

Good luck!

 

[Bob Hawkes]

A superbly written post full of sage advice, @distlej ! "you must begin with informed, researched, purchases"

The only thing I would add is that in addition to looking at what HAS sold, it is critical to try to analyze how the market may be changing. By this I don't just mean the niches that are looking up (like predicting blockchain, but several years ago) but also is there a shift in the uses and structure of domain names.

Maybe I am overly influenced by the latest DNW podcast I listened to last night where Blake Janover talks with Andrew about why he feels $500,000 was appropriate to pay for home(.)loans. The part that resonated with me was how his earlier venture with multifamily(.)loans worked so well, and his talk of a paradigm shift in which the idea that an unrelated .com or .net must be added to every domain name may not last forever. He may well be totally wrong, but I think we need to be alert that what sold 5 or even 2 years ago may not be a good predictor of what will sell in 2 or 5 years in future. I remember all of the derision when Steve Jobs said computers did not need diskette drives, in an amazingly short time we did not have them, even in non Macs.

 

[advill99]

I'm using EFTY for my for sale landing pages. I have created logos for each of my domains for sale. I think you should do the same thing to each of your domains.

 

[toughdomains]

landing pages are a good start and now there there are more free landing page services out...no need to pay for services that charge if you only have a few names you want to promote

 

[MR Harrist]

the idea of how business works is supply the demmand! if there's a demmand, and we supply that stuff, believe it or not, you can make easy sales! example, some ppl want short domain! or 3L domain! if you buy that kind of domain, you can make sales and profit! but if you trying to twist the demmand it self, sometime it doesn't work that way! well of course, if you lucky you can make sales, but often times, it will fail!

I heard some people buying crypto domain or BTC niches! I don't think I can make sales, if I added CryptoABC.com or cryptoxyz.com! even if I can sell, 1-2! I dare to say it's just a luck!
but if I buy domain something like crypto.com or maybe cryp.com! I can bet! soon or later ppl will send me an offer!

The question is, how do we get good domain and make sales and profit ? the most reasonable way, that I can think of, is by stealing the domain from a fools! you can open a thread in here, and saying, I want to buy a short domain or 4L com! if your domain good, I will pay not more $500!,

if you got short domain for cheap, and send to your PM! find Big boss, and offer to them! often times it can works to make easy money! buy $500 sell $1500

Btw Sneaky B4stard do this all the times, and this method named as Arbitrage! you only buy, if someone ready to buy!


Bytheway, Good luck! and happy hunting

 

[learie]

landing pages are a good start and now there there are more free landing page services out...no need to pay for services that charge if you only have a few names you want to promote

Can name at least 2 of the best ones?

 

[DnEbook]

Might need to change your username. Consider selling names via the Bargain Bin when close to renewal. You can't expect to sell typos and abstract domain names on a regular basis, good luck ..........quality over quantity