Afternic experiment of July 2020

[AbdulBasit.com]

Hello everyone,

It’s been a great year in terms of getting lot of surprises. Some in a good way and some not so good…

The last couple of months before July were absolutely great and full of surprises and July was no doubt was another unexpected month but in a different way which I never want to have it. LOL

This is the seventh post of the Afternic experiment series after I published January, February, March, April, May and June results which I’m hopeful that you’ll find it interesting.

It was the worst month in terms of number and amount of sales this year at Afternic by just having 3 domain sales. Also with the biggest gap between sales and I was a bit upset to see no sales for so many days continuously which was an eye opener for me. This confirmed my long term set goal where I want to increase my portfolio with a few more thousands of domain to get rid of this inconsistency and I believe this will happen with the addition of at least 2,000 more domains added with the current 4,050 domains.

The first sale happened on 17th July of SolutionStack.com for $2,988 via Afternic sales lander.

Second was a big relief in the shape of TheFg.com for $9,888. Both of these sales were via BIN. This one was sold via GoDaddy.com

The last sale of Home-Comfort.com for $2,500 via GoDaddy lander and actually happened on 1st August (Malaysia time) but according to Afternic report and their timing, this took place on 31st July. Home-Comfort.com was having $2,988 BIN but after negotiation, I eventually agreed to sell for $2,500 to keep things moving.

Total number of inquiries received were little under 550.

On the other hand, my friend Muhammad Aamir from DotCorner was happy to share once again his July sales which are shared below:

KingNetwork.com for $4,000 and HappyMusic.com for $6,500.

I’ve seen July was slowest month for many domain investors including myself and Muhammad Aamir. But there were some investors who shared with me of July as their best month of this year. It’s good to see overall things are in a good shape for domain investing.

I hope this August will be a better month than last one and wish everyone the very best

Feel free to give your feedback no matter how good or good it is

 

[ivey]

Congrats!!!

Apart from afternic... what Godaddy lander are you referring to?

 

[kumar30-39783]

Hello everyone,

It’s been a great year in terms of getting lot of surprises. Some in a good way and some not so good…

The last couple of months before July were absolutely great and full of surprises and July was no doubt was another unexpected month but in a different way which I never want to have it. LOL

This is the seventh post of the Afternic experiment series after I published January, February, March, April, May and June results which I’m hopeful that you’ll find it interesting.

It was the worst month in terms of number and amount of sales this year at Afternic by just having 3 domain sales. Also with the biggest gap between sales and I was a bit upset to see no sales for so many days continuously which was an eye opener for me. This confirmed my long term set goal where I want to increase my portfolio with a few more thousands of domain to get rid of this inconsistency and I believe this will happen with the addition of at least 2,000 more domains added with the current 4,050 domains.

The first sale happened on 17th July of SolutionStack.com for $2,988 via Afternic sales lander.

Second was a big relief in the shape of TheFg.com for $9,888. Both of these sales were via BIN. This one was sold via GoDaddy.com

The last sale of Home-Comfort.com for $2,500 via GoDaddy lander and actually happened on 1st August (Malaysia time) but according to Afternic report and their timing, this took place on 31st July. Home-Comfort.com was having $2,988 BIN but after negotiation, I eventually agreed to sell for $2,500 to keep things moving.

Total number of inquiries received were little under 550.

On the other hand, my friend Muhammad Aamir from DotCorner was happy to share once again his July sales which are shared below:

KingNetwork.com for $4,000 and HappyMusic.com for $6,500.

I’ve seen July was slowest month for many domain investors including myself and Muhammad Aamir. But there were some investors who shared with me of July as their best month of this year. It’s good to see overall things are in a good shape for domain investing.

I hope this August will be a better month than last one and wish everyone the very best

Feel free to give your feedback no matter how good or good it is

Hopefully things get better. Can you guys share feedback on the effect of COVID19 on the market in general? Same, better or worse? Thank you

 

[kaposzta]

Thanks dear.

It can be used for many purposes like Financial Group, Future Generation, 5 G/Five G (5G), Anything with F word and ending with group and other keywords. As of now, the site is up and buyer is Foodware Group (FG) like you already mentioned.

After your sale and this explanation I see people running to expireddomains and domain generators, checking if there's any theLL.com domain left :D

 

[kumar30-39783]

I can't say with any authority due to lack of data at hand but overall things have slowed down for sure in terms of domain sales. But no doubt overall sales will be back to normal very soon.

Hoping the same. Thank you

 

[TauseefKhan]

@abdulbasit congrats! I think you should have a minimum BIN threshold on your domains - let say starting with $4888, of course, there could be few exceptions.

 

[AbdulBasit.com]

@abdulbasit congrats! I think you should have a minimum BIN threshold on your domains - let say starting with $4888, of course, there could be few exceptions.

Thanks Tauseef brother.
99% of my domains with Afternic are having BIN and starting from $1,888.

 

[AbdulBasit.com]

Thanks for such a fast reply!
You are such a gem of a person answering to anything that we ask!
It's people like you that make this forum more and more valuable ..

Thank you so much

 

[AbdulBasit.com]

Congratulations!

From the moment I joined this forum, you're one of the the few that keep advising...Go for quality names such as 4L etc and I'm getting to see the reason you set your eyes on fishing out quality names which is evident from your last hang reg of 2008.

I like the fact that you know what you want @AbdulBasit.com and you#re always keeping your eyes on the prize.

All aspiring domainers here got a lot to learn from you.

Best Wishes!

Thank you so much!
Fellow investors like yourself motivation keeps me going and I love sharing every possible thing I can

Best wishes

 

[AbdulBasit.com]

Once again you provide the Forum with outstanding first hand insights re the buying and selling of domain names.

Any would-be serious domain investor would do well to read everything you post and gain insights into the art of successful acquisitions, pricing and selling strategies!

Your July report was quite interesting, Thanks!

Thank you once again for your feedback and motivation

 

[AbdulBasit.com]

Thanks for sharing AbdulBasit.

Your friend sold KingNetwork.com and HappyMusic.com both very cheap from an end-user perspective but nevertheless, nice sales.

Thanks Josh for your feedback

I totally agree with you as both domains were sold cheap from an enduser perspective.

 

[AbdulBasit.com]

Hopefully things get better. Can you guys share feedback on the effect of COVID19 on the market in general? Same, better or worse? Thank you

I can't say with any authority due to lack of data at hand but overall things have slowed down for sure in terms of domain sales. But no doubt overall sales will be back to normal very soon.

 

[ivey]

Thanks Rory!

Afternic lander means the buyer came and bought the using from ns3/ns4 lander.
GoDaddy lander means the buyer went through GoDaddy and acquired the domain.

Followup question: I see that you have your own domain marketplace at domainsweb.... is it worth it? Do sales ever happen like this? and how often?

I have launchup.com on shopify and considering switching to gotbrands.com using squad help. But not sure this way results in sales. Any feedback or advice would help?