discuss Another Milestone reached; Completed $100K + USD transaction volume on Flippa

[BuyBrandWeb.com]

When I was looking at my transaction on Flippa by this time in 2017(August'2017).. it was $1.6K USD then I have changed the business model and try to flip my half of the acquisitions.

By the end of 2017, I had $29.8K USD of transaction volume and I set my target to reach $100K by the end of 2018 but fortunately, I have reached my target and still four months to go. All domains are acquired at low xxx to mid xxx and sold most of the domains for $3K to $6K USD.

I sold most of the domains to end users and sold FamilyMediators.com to auritmediation.com recently.
Some of the end-user sales are VapingSupplies.com, Leaking.com, RedBrain.com, TechnologyAdvisors.com and more. I have discussed the same on here on Namepros (Part-I and Part-II)

I have also discussed my domaining journey here and It'll be a good read for sure!

I'm happy to help if you need any assistance related to Domaining.

 

[BuyBrandWeb.com]

Nice job! Any reason for Flippa instead of other venues in your opinion?

Flippa shows transaction volume and feedback from previous sales and it has helped me to sell more domains. You can write a good sales pitch and explain how a domain name can be used!

This is the most important thing to take-away from this thread. If you can afford to do a bit of buying you can make some real money. Of course you have to do your research and check domain historys and other stats, but there is a lot of money floating out there by domain owners that will sell great names for small money because they dont understand the art of domaining themselves.

Experience matters and I took almost 3 years to gain enough capital to re-invest then changed business. I don't have deep pockets and so I was trying to acquire domains at closeout or hand registered expired domains on initial days

 

[Crysis]

Makes sense as the $9 seems useless from my past experience with some premium 1 word .io packages I had there while the other option would be too expensive.

If you have good or premium domain names and a reasonable Reserve or Buy It Now price, Flippa usually promotes the domain name for free. You don't have to pay $59. However, in this case, they charge 20% commission. The normal commission is 15%.

Here is an example:

 

[Bob Hawkes]

$1.6k to $100k is an amazing success story that will give many domainers feeling in a down period hope. Thank you for being open in both sharing your experience and offering help to others. You have a real talent at picking names end users like, and I instinctively like most of the names that you shared in Part I and Part II (I particularly like RedBrain).

1. I apologize if I missed this information, but can you tell us what fraction of your entire portfolio has sold in the past year or so? Or does your post mean half has, which would be an amazing achievement!
2. Also, now that you have achieved the $100k early, what your plans concerning reinvestment and taking some profits for personal use.

 

[BuyBrandWeb.com]

$1.6k to $100k is an amazing success story that will give many domainers feeling in a down period hope. Thank you for being open in both sharing your experience and offering help to others. You have a real talent at picking names end users like, and I instinctively like most of the names that you shared in Part I and Part II (I particularly like RedBrain).

1. I apologize if I missed this information, but can you tell us what fraction of your entire portfolio has sold in the past year or so? Or does your post mean half has, which would be an amazing achievement!
2. Also, now that you have achieved the $100k early, what your plans concerning reinvestment and taking some profits for personal use.

It has now crossed 500 domains. I own around 200 quality domains and remaining are experiments.
I have re-invested the amount in different industries like Crypto, Mutual Funds, Equities, and on domains.

I have discussed the same here
https://www.namepros.com/threads/how-domaining-changed-my-life.1091249/

Congrats!
When it comes to brandables like redbrain.com...how do you find your end users or were most inbound?

There are some end users like Redbrain media and few other companies but for this one, end user visited url and placed a bid!

Hi Praveen... @BuyBrandWeb.com

This is very motivating and insighfuin at same time...

Thanks for sharing your journey...it clearly shows ups and downs...

Is there any way to contact you..
If possible DM me your email address..

Thanks,
Ravi

You have already typed my mail id - remove ".." from Praveen ... @BuyBrandWeb.com
Here is my contact- [email protected]

Congratulations. Another target loading I guess.

Yes, started offering brokerage service and working on few brokerage domains.

 

[NYJimbo]

All domains are acquired at low xxx to mid xxx

This is the most important thing to take-away from this thread. If you can afford to do a bit of buying you can make some real money. Of course you have to do your research and check domain historys and other stats, but there is a lot of money floating out there by domain owners that will sell great names for small money because they dont understand the art of domaining themselves.

 

[BuyBrandWeb.com]

No one will give you the exact answer and no one is going to share their balance sheets.

I had $4K to $5K USD (profit from hand registered /closeout domains) then purchased expired domains in low xxx to mid xxx and flipped it.

Hope it helps.

 

[creataweb]

Nice job! Any reason for Flippa instead of other venues in your opinion?

 

[BuyBrandWeb.com]

Questions :
- How many companies you had targeted for FamilyMediators.com?
- Ideally how many mails per domain you send? (For an example, For Shooting.net, Migrate.org, FamilyMediators.com, etc)
- Do you do any follow-up when there is no response to your initial mail?

In general, how many times did telemarketing worked while doing outbound?

No telemarketing. It depends on leads. You cannot say 50 or 100. I'll do follow up once or twice (whoever opened my mail for more than 5 times). Most probably at the end of auction!

 

[Haykay2005]

Congratulations and thanks for sharing

 

[vravis9]

Hi Praveen.. @BuyBrandWeb.com

I got it... thanks for the info..
It is easy to use..
Thanks @Michael
And also found useful infographic from @Michael Cyger ..Thanks.

 

[SheikhOvais]

What I learned from this post is that you have set 'targets' and that is all that is required to keep us motivated and work smarter to reach our targets (other than having skills and knowledge of investing in the right domains and pricing them appropriately).

Inspirational success yet motivational story for new comers in the domain investing industry to learn from. Congrats indeed mate.

 

[singhhooda]

From $1.6K to $100K - That's a great achievement!

 

[BuyBrandWeb.com]

Hi Praveen..
@BuyBrandWeb.com

First of all I didn't realised that I am entering a website in your handle...
Lately I was wondering how to track sales reports of domain hacks... surprisingly I found the same in your website..
But can you tell how to check that on NameBio ?!
Thanks for your response and article on the website...
I will contact you on email...

Thanks,
Ravi

@Michael has published a blog post on the same and you can visit below link
https://namebio.com/blog/new-feature-search-domain-hacks/

 

[singhhooda]

Questions :
- How many companies you had targeted for FamilyMediators.com?
- Ideally how many mails per domain you send? (For an example, For Shooting.net, Migrate.org, FamilyMediators.com, etc)
- Do you do any follow-up when there is no response to your initial mail?

In general, how many times did telemarketing worked while doing outbound?

 

[NickB]

Very very motivating!

Just read and re read all of the links provided and you have done a great job.

Hard work, persistence, continual learning and making sure you are liquid are my main takeaways from what you have written, thanks for sharing - appreciate it

Keep up the good work!

 

[urljunky]

Congrats!
It goes to show you get what you put in. And you have put in a lot!

 

[bulkdomainz]

Congratulations

 

[lambo.com]

Very well done.

 

[Qutest]

Congrats.

 

[Qutest]

Congrats.

 

[jideofor]

Hard Smart Work Pays!

 

[DanBingham]

Great work!

 

[ramkumaritrvs]

Happy to see another success story. I'm sure it will motivate many of us.

Good luck

 

[Sumeeth]

Great work! Hearty Congratulations !