discuss $28,888 vs $499

[katerleonid]

Just saw this case on X.
Ryan owns 7,500 domain names.

In the first month, he priced them all at $28,888 - and got 1 sale.
In the second month, he priced them all at $2,499 - and got 5 sales.
In the third month, he priced them all at $499 - and got 45 sales.

I don’t have a clear conclusion here.
Let’s say you have 7,500 domains, what would you do?
Would you experiment, keep the $28,888 pricing for a year and hope for more sales?
Or would you lower the prices to $499 and just focus on volume to cover renewals?

How many domains do you have?

 

[Sjpals]

What is a lending post?

I also wouldnt pay $10 for any of those. Makes me feel better about my choices of domains!

I googled - lending post is a company.

 

[cooljub]

What is a lending post?

I also wouldnt pay $10 for any of those. Makes me feel better about my choices of domains!

I've got one I bought off you priced for a decent bit of lolly. I'll send you a bonus if ever it sells

But don't hold your breath..

 

[Kyle Tully]

I personally wouldn’t have registered or purchased any of these names for $10

Understanding why these names sold for that much is an important part of the learning journey.

 

[Kyle Tully]

I also wouldnt pay $10 for any of those. Makes me feel better about my choices of domains!

It shouldn't. Learn why they sold.

 

[Sjpals]

I've got one I bought off you priced for a decent bit of lolly. I'll send you a bonus if ever it sells

But don't hold your breath..

You bought a good one off me. I'm sure that one will sell!!

 

[cooljub]

You bought a good one off me. I'm sure that one will sell!!

Here's hoping

 

[URL Expo]

Understanding why these names sold for that much is an important part of the learning journey.

Learning about every domain sale doesn’t make you a better domainer. Domains are unique assets, and plenty of low-quality names sell every day. There have been cases where word1-word2.com sold for $50K while word1word2.com was listed for sale at $10K at the same time. What can you learn from that? Absolutely nothing.

Domaining is largely a lottery game where luck is the primary factor, unless you registered strong English dictionary words before 2000. Buyers don’t evaluate domains the way domainers do, and many things we consider valuable aren’t even on their radar. In the end, domaining is 10% knowledge and 90% luck.

 

[bmugford]

This are the 12 higher sales reported by NameBio for yesterday ...

Domain	Price	Venue
gloryholedoughnuts.com	$10,351	GoDaddy
sudsantesociaux.org	$9,301	GoDaddy
vaccine-safety-training.org	$9,250	DropCatch
lendingpost.com	$9,205	GoDaddy
theliteraryreview.org	$7,900	Namecheap
eosgo.io	$6,100	Namecheap
eightkoreanbbq.com	$5,388	GoDaddy
westboundhorizons.com	$5,200	GoDaddy
davidsonicehouse.com	$5,149	GoDaddy
hamrodoctor.com	$5,050	Namecheap
thepalmscafelaquinta.com	$4,938	GoDaddy
gainfulai.com	$4,888	Afternic

I personally wouldn’t have registered or purchased any of these names for $10

I doubt many of these sold for generic reasons.

Traffic, backlinks, domain authority, etc. are why terrible domains sell for these prices.

If you are investing for generic value, these type of sales are pretty irrelevant.

Brad

 

[alcy]

Learning about every domain sale doesn’t make you a better domainer. Domains are unique assets, and plenty of low-quality names sell every day. There have been cases where word1-word2.com sold for $50K while word1word2.com was listed for sale at $10K at the same time. What can you learn from that? Absolutely nothing.

Domaining is largely a lottery game where luck is the primary factor, unless you registered strong English dictionary words before 2000. Buyers don’t evaluate domains the way domainers do, and many things we consider valuable aren’t even on their radar. In the end, domaining is 10% knowledge and 90% luck.

that is completely false
domains are nowhere near lotto
or even a.game of blackjack

u r in full control.

the deciding factor is knowledge and experience.

only people with not enough experience will make claim domains are matter of luck.

and with experience.. that feeling of luck... simply.. slowly.. gently... wonderfully.. fades away

that is the magic of experience.

here for domains.

but also in all area of life

and with zero exceptions.

 

[Kyle Tully]

Learning about every domain sale doesn’t make you a better domainer. Domains are unique assets, and plenty of low-quality names sell every day. There have been cases where word1-word2.com sold for $50K while word1word2.com was listed for sale at $10K at the same time. What can you learn from that? Absolutely nothing.

Domaining is largely a lottery game where luck is the primary factor, unless you registered strong English dictionary words before 2000. Buyers don’t evaluate domains the way domainers do, and many things we consider valuable aren’t even on their radar. In the end, domaining is 10% knowledge and 90% luck.

Nope you have completely missed the point and have not learned the lesson yet.

 

[Mkt Sales Leads]

Learning about every domain sale doesn’t make you a better domainer. Domains are unique assets, and plenty of low-quality names sell every day. There have been cases where word1-word2.com sold for $50K while word1word2.com was listed for sale at $10K at the same time. What can you learn from that? Absolutely nothing.

Domaining is largely a lottery game where luck is the primary factor, unless you registered strong English dictionary words before 2000. Buyers don’t evaluate domains the way domainers do, and many things we consider valuable aren’t even on their radar. In the end, domaining is 10% knowledge and 90% luck.

This sounds like a contrarian take and is quite misinformed- if learning about sales doesn't improve one's insights and domaining is all luck, there'd be no need for sales reports like Namebio, DNjournal, DSAD, Domain academy, Domain Sherpa, or even forums like Namepros with the contributions from likes of @bmugford , @Bob Hawkes and @Eric Lyon .

The information is out there to help others avoid registering rubbish domains and see what actually sells.

 

[URL Expo]

This sounds like a contrarian take and is quite misinformed- if learning about sales doesn't improve one's insights and domaining is all luck, there'd be no need for sales reports like Namebio, DNjournal, DSAD, Domain academy, Domain Sherpa, or even forums like Namepros with the contributions from likes of @bmugford , @Bob Hawkes and @Eric Lyon .

The information is out there to help others avoid registering rubbish domains and see what actually sells.

I’m not saying that staying informed by reading the news is a bad thing, but it doesn’t automatically make someone an expert. What I mean is that you can be a professional domainer with experience and high-quality domains, yet closing a sale still depends on a buyer showing up and being willing to pay for it. Since that part is outside your control, I consider it luck.

Suggesting that simply reading about domaining, such as industry news and reported sales,will make someone an expert is misleading. There’s much more to it than that. People need to understand that beyond being informed and skilled at acquiring domains, making money in this industry also requires sufficient cash flow for registrations and renewals, patience, and a whole lot of luck.

 

[Sjpals]

I’m not saying that staying informed by reading the news is a bad thing, but it doesn’t automatically make someone an expert. What I mean is that you can be a professional domainer with experience and high-quality domains, yet closing a sale still depends on a buyer showing up and being willing to pay for it. Since that part is outside your control, I consider it luck.

Suggesting that simply reading about domaining, such as industry news and reported sales,will make someone an expert is misleading. There’s much more to it than that. People need to understand that beyond being informed and skilled at acquiring domains, making money in this industry also requires sufficient cash flow for registrations and renewals, patience, and a whole lot of luck.

Agree a lot is luck. You have to have the right person, with the right budget show up when you have the right domain on sale.

This why I have said that a lot of domaining is akin to gambling, as you are speculating that something will increase in value, and if its not a liquid domain, its less than certain.

I also agree that learning what sells is a good idea. It informs future purchases and hopefully if something sold in the past, something similar may follow a trend and sell in the future. Its much more difficult with domains though, as you cant produce 10,000 units of a best selling product.

Both view points are valid.

 

[Mkt Sales Leads]

I’m not saying that staying informed by reading the news is a bad thing, but it doesn’t automatically make someone an expert. What I mean is that you can be a professional domainer with experience and high-quality domains, yet closing a sale still depends on a buyer showing up and being willing to pay for it. Since that part is outside your control, I consider it luck.

Suggesting that simply reading about domaining, such as industry news and reported sales,will make someone an expert is misleading. There’s much more to it than that. People need to understand that beyond being informed and skilled at acquiring domains, making money in this industry also requires sufficient cash flow for registrations and renewals, patience, and a whole lot of luck.

Having 'enough' 'good' domains to sell and generate cashflow, plus being patient are prerequisites and common knowledge made clear to newbies from the outset (given the fabled 1% sell through rate). These are not secrets / unknown variables.

And any endeavour / achievement requires some luck, but it seems like some (maybe not yourself) think that to be good at domaining requires a lot of luck (probably due to the sales of domains that we might feel are headscratchers - I myself have mentioned a possibly fluke sale of the domain Wonderbly.com)

 

[Jannes]

https://twitter.com/x/status/1835141091726655802

I'd say short term it is luck, long term it is statistics.

 

[xwat]

Nope you have completely missed the point and have not learned the lesson yet.

That is an easy thing to say when you do not have to back it up. Saying "You're wrong" but not providing any evidence of it is not helpful and seems to be more about you than the people you are replying to.

 

[Kyle Tully]

That is an easy thing to say when you do not have to back it up. Saying "You're wrong" but not providing any evidence of it is not helpful and seems to be more about you than the people you are replying to.

Being able to read and interpret things without having everything spelled out for you is an important skill for a domain investor.

If you read my posts in this thread and the specific things I was replying to I think it’s quite obvious what my point was.

You don’t have to study every name that sells but you need to be able to determine at a high level why a name sold (“good” domain, brand upgrade, SEO factors etc)… most are obvious with a few moments research.

Once you can do this you won’t look at your bad hand reg names and just think you’re unlucky they haven’t sold yet and you will level up as a domain investor and buy better names.

 

[bmugford]

Domaining is largely a lottery game where luck is the primary factor, unless you registered strong English dictionary words before 2000. Buyers don’t evaluate domains the way domainers do, and many things we consider valuable aren’t even on their radar. In the end, domaining is 10% knowledge and 90% luck.

While any individual sale can be written off as "luck", at some point when sales happen over and over luck becomes less of a factor.

Let's exclude people that bought amazing generics in the 90's. There are many others, including myself, that entered later and year after year turn a profit.

If you have enough decent to good domains, priced right, they will yield sales over time.

Brad

 

[Future Sensors]

While any individual sale can be written off as "luck", at some point when sales happen over and over luck becomes less of a factor.

Revisiting this powerful visual:

 

[bmugford]

While any individual sale can be written off as "luck", at some point when sales happen over and over luck becomes less of a factor.

Let's exclude people that bought amazing generics in the 90's. There are many others, including myself, that entered later and year after year turn a profit.

If you have enough decent to good domains, priced right, they will yield sales over time.

Brad

I have posted this before, but a lack of sales is normally a result of the following factors -

1.) Bad domains. It's hard to sell bad domains for any price.

2.) Domains priced too high. Domains need to be priced in relation to quality.

3.) Not enough inventory. More domains = more potential sales.

4.) Lack of exposure. You need to have decent landers, and list domains on popular venues.

Brad