DAN.com

Afternic experiment of June 2020

Located in Domain Marketplace Reviews, started by AbdulBasit.com, Jul 3, 2020

Replies:
75
Views:
5,103

  1. AbdulBasit.com

    AbdulBasit.com DomainsWeb.com AbdulBasit.com PRO VIP ★★★★★★★★★★

    Posts:
    3,975
    Likes Received:
    10,893
    Thanks Avijit dear :)

    Around 2 years.
     
    The views expressed on this page by users and staff are their own, not those of NamePros.
  2. AbdulBasit.com

    AbdulBasit.com DomainsWeb.com AbdulBasit.com PRO VIP ★★★★★★★★★★

    Posts:
    3,975
    Likes Received:
    10,893
    Thank you for your feedback and well wishes :happy:

    Also I wanted to thank you for sharing what you would have priced this domain. I got several more investors saying they'd price it for mid-high 4 figures which was interesting to know.

    I admit of being in similar position of yours when I see sales reported at NamePros and DnJournal which makes me wonder why at first this domain was registered, let alone selling in 4 and 5 figures :xf.laugh:

    So that gives me more motivation to research and learn about that terms/keywords. The best we can do is to keep learning and improving ourselves :xf.smile:

    Best wishes! (y)
     
    Last edited: Jul 4, 2020
  3. AbdulBasit.com

    AbdulBasit.com DomainsWeb.com AbdulBasit.com PRO VIP ★★★★★★★★★★

    Posts:
    3,975
    Likes Received:
    10,893
    I've added all my domains to Afternic.

    No broker is hired from my end at Afternic.

    Once the domain is listed in your Afternic account, the domain will automatically be shown in GoDaddy search results.

    Thanks!
     
  4. 1Darko

    1Darko Top Contributor VIP

    Posts:
    8,869
    Likes Received:
    6,191
    @AbdulBasit.com
    Incredible AutoFun sale!
    Congrats and thanks for sharing!
    I would say your work and dedication is some kind of Lighthouse to the domain community - definitely for me!
     
  5. boker

    boker Top Contributor VIP

    Posts:
    12,033
    Likes Received:
    1,965
    Congrats @AbdulBasit.com , great month, considering the times we live. You were saying that you paid 5k for the total of these and made a return of 76k, but in the same time, over the years, when you have acquired these one's, you have acquired other one's, some which will sell years latter or which will never sell, which should be included in the calculation of your ROI and STR. Have you tried to do a total of ROI per all your domaining period, ROI per year, ROI per months. It could be interesting what kind of ROI did you reached. Also, patience is key, but with around 2% STR and that after 10-12 years of waiting, you will need some investment and additional revenues, to wait for these prices and your ROI for these months/years, should be divided to all the years from when you have acquired them. $8 and a return of 5k is great, even after 17 years, but in the same time, you will have around 85%-90% of others, acquired in the same period, for which you have paid renewal during these 17 years and which will never sell.
     
    Last edited: Jul 5, 2020
  6. nhauctions

    nhauctions Established Member

    Posts:
    544
    Likes Received:
    344
    If you add to Afternic, it will show up on GoDaddy search automatically. It will also show on other platforms.
     
  7. AbdulBasit.com

    AbdulBasit.com DomainsWeb.com AbdulBasit.com PRO VIP ★★★★★★★★★★

    Posts:
    3,975
    Likes Received:
    10,893
    Thanks for your feedback. Appreciate it.

    To be frank, I've not done in-depth calculation for the entire career since I started full time domain investing.

    But for last few years, I've noted that the STR is around 2.2%-2.5% and targeting towards 3% by next year.

    I've noted the average acquisitions cost and STR which gives me enough idea that my model is profitable and sustainable on long term basis.

    As we all know that anyone with similar number of domains and targeting endusers only, no investor would sell all or even most of the domains to endusers in their entire lifetime. I've considered this factor as well.
     
  8. Surender Singh

    Surender Singh meritjet.com

    Posts:
    578
    Likes Received:
    1,146
    Hi Abdul

    Congrats on your fantastic sales bro! May God give you more & more!!

    Would love to hear your thoughts if you have some time -
    1. Do you ever try outbound for any of your domain?

    2. What's your take on Hand reg. in present time? Do you have any in your portfolio?

    3. How much you rate the domains from GD closeout? (Asking generally about the average quality we get, I understand that highly depends on domain to domain basis.)

    As many of us are low profile investor, it's hard to spend $500+ on a single domain (at least for me). What would be your advice to small investors like me?
     
    Last edited: Jul 5, 2020
  9. AbdulBasit.com

    AbdulBasit.com DomainsWeb.com AbdulBasit.com PRO VIP ★★★★★★★★★★

    Posts:
    3,975
    Likes Received:
    10,893
    Thanks!

    1) Not for last several years.

    2) If I remember correctly, I did one and last in 2018.

    3) Plenty of good domains come into closeouts. Just need to dig in deep and grab it as soon as it enters closeout.

    Depends on the total budget.
     
  10. AbdulBasit.com

    AbdulBasit.com DomainsWeb.com AbdulBasit.com PRO VIP ★★★★★★★★★★

    Posts:
    3,975
    Likes Received:
    10,893
    Thank you so much for your kind words. So nice of you :xf.love:
     
  11. TauseefKhan

    TauseefKhan Upgraded Member Blue Account

    Posts:
    328
    Likes Received:
    708
    fantastic sales @AbdulBasit.com - not surprised with 50k bin sale - such sales are happening regularly (I think) but are kept private. so thanks for sharing.
     
  12. 4better

    4better Established Domainer VIP

    Posts:
    2,745
    Likes Received:
    5,675
    Awesome sale especially for that 50k AutoFun. Hoping to have something like that too in the future. You're an inspiration. Thanks for sharing.
     
  13. Sinh

    Sinh Top Contributor VIP

    Posts:
    2,826
    Likes Received:
    3,022
    Thanks for your sharing, I will still keep smile.biz and I hope this domain has a happy ending.
     
  14. MUKRA

    MUKRA Established Member

    Posts:
    136
    Likes Received:
    116
    Congrats and thanks for sharing details including your approach to reach here. Well-done
     
  15. jim h

    jim h Upgraded Member Gold Account

    Posts:
    2,020
    Likes Received:
    650
    @AbdulBasit.com
    Thank you for your sharing. I think afternic team has done a good job in customer service. I am also ready to transfer about 1000 domain names to their landers. I am very grateful to Kevin and Cecilia of the Chinese team. Their service makes you feel enthusiastic, which can not be given by other platforms.
    This is what I really feel.
     
  16. AbdulBasit.com

    AbdulBasit.com DomainsWeb.com AbdulBasit.com PRO VIP ★★★★★★★★★★

    Posts:
    3,975
    Likes Received:
    10,893
    Thanks for your feedback.
    Feel free to share your near future experience with Afternic landers with us.

    Best wishes!
     
  17. steven55

    steven55 Upgraded Member Gold Account

    Posts:
    368
    Likes Received:
    103
    @AbdulBasit.com


    Congrats for the awesome sale of AutoFun.com!
    Thanks for your valuable inputs as usual!

    Would love to hear your comments on these:

    1.What kind of thinking made you decide on combination of Auto and fun?
    Especially word 'fun' and not so many others ?
    Did you imagine some kind of end user for this domain while buying it?

    I ask, because this proved to be a real deadly combination of words and highlighted your extraordinary skill of either betting or coming up with solid domain names !

    2.Have you ever actively tried to promote your domains on various platforms ?
    Like say list your domains on Auctions on Sedo, Flippa or even say Sedo Showcase.

    Thanks!
     
  18. AbdulBasit.com

    AbdulBasit.com DomainsWeb.com AbdulBasit.com PRO VIP ★★★★★★★★★★

    Posts:
    3,975
    Likes Received:
    10,893
    Thanks!

    1) Plenty of existing endusers for this domain. I love to invest in 2 words highly brandable domains which can be used for many purposes. Simply Google the term and you'll get an idea.

    2) No. I simply list at Afternic and Sedo. No outbound or additional marketing.

    Also for your kind information, I don't do betting. I take this as a serious business and buy each domain based on research and future potential value.
     
  19. steven55

    steven55 Upgraded Member Gold Account

    Posts:
    368
    Likes Received:
    103
    Thanks a lot!
    No I did not mean bet in that sense at all Abdul !
    How can I ever say that for your research & experience ?
    What I meant by the word bet is putting your faith and confidence in investing your time in a particular name !

    And thanks again for such a fast reply!
     
  20. AbdulBasit.com

    AbdulBasit.com DomainsWeb.com AbdulBasit.com PRO VIP ★★★★★★★★★★

    Posts:
    3,975
    Likes Received:
    10,893
    Sorry for misunderstanding then and thanks for clarification (y)
     
  21. steven55

    steven55 Upgraded Member Gold Account

    Posts:
    368
    Likes Received:
    103
    No "Sorry" sir..
    Your posts are full of knowledge and wisdom for everyone!
    No problem at all..
     
  22. oldtimer

    oldtimer Do some good for humanity and the environment VIP ★★★★★★★★★★

    Posts:
    2,526
    Likes Received:
    3,117
    Hi Abdul, congratulations on your new found success with Afternic, you are a great inspiration for all domainers specially during the uncertainty that we all are experiencing due to the pandemic.

    No doubt that you are a very talented and skillful domainer and no doubt that Afternic is a strong sales platform, but how much of the jump in the number of your sales do you think might be attributed to the position that your domains are given in the search results across the Afternic network. If a domain is shown in the first top 3 or 5 results it makes a huge difference on how much exposure it will get than if it's buried at the bottom of the list.

    Your recent success is amazing, I am just wondering if it could be emulated by other domainers or if it is an special privilege that is extended only to you by Afternic by them giving more exposure to your domains in the search results across their vast network.

    IMO
     
    Last edited: Jul 6, 2020
  23. AbdulBasit.com

    AbdulBasit.com DomainsWeb.com AbdulBasit.com PRO VIP ★★★★★★★★★★

    Posts:
    3,975
    Likes Received:
    10,893
    Many thanks for your kind words. Much appreciated :xf.love::xf.love:

    According to Afternic, when the seller adds BIN, that increase the chances of selling the domain. Also doing an opt-in for Fast Transfer increase chance of selling domains as well.

    I believe the total number of sales amount have gone up since I started using Afternic landers. Most probably due to their brand recognition as compare to Uniregistry (which I previously used as the landers) as well as additional exposure which I started to get after I opt-in for Fast Transfers which I got the chance only when GoDaddy acquired Uni and later they integrated Fast Transfers for domains registered with Uni.

    If you've asked something else which I haven't answered, please feel free to ask in a different way.

    Thank you!
     
  24. oldtimer

    oldtimer Do some good for humanity and the environment VIP ★★★★★★★★★★

    Posts:
    2,526
    Likes Received:
    3,117
    Thanks for your quick reply, perhaps this is something that only Afternic could answer as far as if they have any control over where a domain is shown in the search results across their network and whether they are giving a helping hand to your domains by putting them in the top of the search results. Either way I wish you the best, enjoy the windfall while it lasts.

    IMO
     
  25. Akinola Taiwo

    Akinola Taiwo Established Member

    Posts:
    245
    Likes Received:
    64
    Yes... I agree with what @oldtime said... I think afternic is doing that by given helping hand to some well know domain guru.. across their networks by putting their domain in the top of the search result....for fast exposure and faster sales.
     

Want to reply or ask your own question?

It only takes a minute to sign up – and it's free!
biix
  1. NamePros uses cookies and similar technologies. By using this site, you are agreeing to our privacy policy, terms, and use of cookies.
    Dismiss Notice
Loading...