domain Are domainers crazy?? JESUSOG.COM...

[branderoo]

Hi, so i have spent a few weeks reading posts and trying to learn. After feeling i had a slight grasp on domains i did the sensible thing that all the pros would recommend and bought 50 domains.. lol
Even after reading about all the crap domains that everyone has bought i am still pretty happy with with my selection, which is why i decided to become a NP member and have my ego taken down a notch by posting my list here. haha

The main reason for this post is that after buying my domains i began trying to figure out how to price them. I searched namebio, DNjournal, and then started looking at some of your portfolios which is when the confusion hit. Now, i don't want to call anyone out on here but an example of one portfolio that had me dumbstruck was one that was filled with "insertclichepharse".com and hundreds of cliche phrases asking for $XX,XXX - $XXX,XXX for each one. I understand that an asking price is just an asking price but with so many .com's in your portfolios(which i would have thought were useless) being priced as such, I'm not sure if these domainers are crazy or actually getting sales.

so as promised here is my list(total cost: $90). Feel free to let the brutal honesty out.

91CHEMDOG.COM
AK47SKUNK.COM
ARIZONAWESTERNLIGHTPURP.COM
BENTLYOG.COM
CAGREENTOURS.COM
CALIBUDSHOP.COM
CALIFORNIAGROWNCANNA.COM
CALIGREENTOURS.COM
CALIFORNIASEEDLESS.COM
CALIFORNIAHERBSHOP.COM
CALIGROWNBUD.COM
CANNABISSALAD.COM
CANNAMEDSMMJ.COM
DOGWALKEROG.COM
DOLLAREDIBLECLUB.COM
EDIMEDS.COM
INDICATRIM.COM
JESUSOG.COM
LAMBSBEARD.COM
LEMONSOURDIESEL.COM
PUREOG.COM
PURPONICS.COM
RIPPEDBUBBA.COM
SATIVATRIM.COM
TGSCALIFORNIA.COM
buycannabisinsandiego.com
buycannabislasvegas.com
buycannabissandiego.com
buycannabisvegas.com
canabisinsandiego.com
canabissandiego.com
cannabisfortworth.com
cannabishonolulu.com
cannabisinlosangeles.com
cannabiswaikiki.com
marijuanaalbuquerque.com
marijuanacharlotte.com
marijuanafortworth.com
marijuanainkansascity.com
marijuanainnewyork.com
newyorkcannabisdispensaries.com
phantomcookies.com
waikikidispensaries.com
sandiegocannabisdispensaries.com
engaize.com
branderoo.com
gencrest.com
scofly.com
101410.COM
102110.com

 

[Domainace]

Well, anybody can grow garlic or tomatoes by putting a seed in the ground. Why aren't garlic and tomato domains in hot demand? If everybody can grow their own, then there won't be much of a market at all for marijuana domains. Peripherals are another story, but you'll still need a solid domain.

Say that marijuana becomes as big as the alcohol business, as virtually impossible as that is, my point was that these names won't have much value even then. There is no reason to believe that marijuana would not be controlled by a few huge conglomerates. It has already happened with processed foods, tobacco and alcohol. If you could predict what brand names the most popular marijuana will be sold under, you might be on to something. But most of those candidates (kush, etc.) are also already long gone.

And, photonmymind, alcohol has medicinal uses as well. And all medicines are also poisons. But alcohol is ingrained in social customs around the world, and has been for centuries. Nothing is going to replace that anytime soon, least of all something that has to be smoked, or eaten in some unappetizing baked concoction.

 

[baseballworld]

So far, states that have legalized marijuana are seeing an uptick in new stores opening up.
New businesses of all kinds are popping up in the marijuana field.
Thus, they will need good marijuana domains.
So there is a market out there.
And it will only grow.
Check out the marijuana thread here for one big sale of a doobie domain! To a new store!

Just like vaping businesses.
Just near me are 4 vape stores.
And I see that 2 more are in the stages of opening up.
Another domain market there.

But, and this is the big but...all these businesses are going to want domains that make freaking sense!
Misspelled words are not going to cut it.
Words in the wrong order (say, marijuanagreat) won't do it.

easy pickins too for these domains.

 

[branderoo]

Edibles are delicious! i no longer wish to speak with you. lol jk but seriously..

 

[Domainace]

i completely understand your point but at the same time not all mmj shop owners analyze as much as domainers...
luckily domainers aren't my target audience..

Trust me, end users can analyze the name much more than most domainers. There are end user sales where the end user doesn't seem to have put much thought into it - I have 2 domains right now that have been long paid for and still can't get the buyer to take possession - but I don't think it's a good business model to assume that all your customers will just be throwing money around.

You've made few assumptions:

1- That massive profits will continue to be made once legal marijuana is commonly available. I would expect profit margins to drop as competition heats up.

2- That someone with a lot of money would happily spend it on a domain name. It's irrelevant how much people have. If they don't want the domain, they won't buy it. For many, it's even a matter of principle not to deal with "squatters."

3- That people who spend $500 on drinks in a night would be willing to spend that much on a domain. A drunken evening out is an easy sell. Very few people will desire a marked-up domain name over an evening of drinks and carousing. Same as #2. They have to desire the name. Would you buy a banjo for $500 just because it's only $500?

I should confess I do own a couple marijuana rehab names. Rehab isn't going anyway any time soon.

 

[Archangel]

You can't get stoned off garlic and tomatoes. That's why.

But you bring the point I've always had: if weed was legal everywhere, it'd be way too easy to obtain, thus the $5/joint price in most areas will become 25 cents, as supply would be well over demand. So I don't see the marijuana business beiig big once it's made legal nation-wide

Well, anybody can grow garlic or tomatoes by putting a seed in the ground. Why aren't garlic and tomato domains in hot demand? If everybody can grow their own, then there won't be much of a market at all for marijuana domains.

 

[baseballworld]

You guys miss out the prices on this weed. In places its legalized it is still very expensive. Plus lets not forget there will always be different strains and even some that have other stuff in it not available through legalized stores. There will be a market on the streets still.

 

[Archangel]

For now.

Americans are always trying to get rich quick, as that's the American dream. Supply will skyrocket, demand wouldn't be high (ha ha) enough, and a lotta sellers would lower prices to get sales.

Don't underestimate how the American mind works. We are stingy like that

You guys miss out the prices on this weed. In places its legalized it is still very expensive.

 

[branderoo]

amsterdam has had marijuana legalized for a long time now yet they still sell marijuana seeds, yes seeds for almost $0.50 each. the average gram in amsterdam is still almost $15. same as it is in cali. the money is there and isn't going anywhere..

 

[baseballworld]

Yeah I am american. lol The thing isn't supply its whats being done to the street strains that the government wont allow to be sold. Laced is the best used term. people are gonna want the better stuff.

 

[iowadawg]

Heirloom tomatoes are big business.
Just check out farmers markets.
Same with fresh garlic.
Fresh ginger, and so forth.
But I see no farmers or weekend gardeners rushing out to buy tomato domains or garlic domains.

The alcohol market is growing.
Quite a few craft beer breweries in Iowa and more on the way.
Quite a few craft liquor breweries in Iowa (producing good whiskey to vodka and everything in between).
More on the way.
Surprising what I found out about this business in Iowa one day when I saw a big sign on the side of a street advertising a new whiskey.

 

[branderoo]

haha your trying to compare a tomato with bud? lmao good argument..

 

[baseballworld]

Heirloom tomatoes are big business.
Just check out farmers markets.
Same with fresh garlic.
Fresh ginger, and so forth.
But I see no farmers or weekend gardeners rushing out to buy tomato domains or garlic domains.

The alcohol market is growing.
Quite a few craft beer breweries in Iowa and more on the way.
Quite a few craft liquor breweries in Iowa (producing good whiskey to vodka and everything in between).
More on the way.
Surprising what I found out about this business in Iowa one day when I saw a big sign on the side of a street advertising a new whiskey.

I am from new york but in wisconsin right now. Seems like a bar and brewery in every town here.

 

[iowadawg]

Not comparing tomatoes and weed.
Just saying the market is there and growing for all good veggies.

 

[baseballworld]

haha your trying to compare a tomato with bud? lmao good argument..

Is he comparing or making the sales point of supply and demand to average asking price.
regardless supply and demand if every seller said f- that its this price minimum no going lower people are gonna pay it.

 

[iowadawg]

Here is a thought...
Anyone ever seen a store that sold domains?

 

[branderoo]

although I'm not that knowledgable about tomatoes i would not be surprised to see many famers with actual websites.. but again marijuana will be used both medicinally and recreationally.. also the type of sales makes me believe that mmi domains will hold value but only time will tell i guess.

 

[Archangel]

For those who defy laws and go, from behind the wheel, "I need something else. My whiskey tastes like piss. Ooh, red light!"

Surprising what I found out about this business in Iowa one day when I saw a big sign on the side of a street advertising a new whiskey.

 

[baseballworld]

For those who defy laws and go, from behind the wheel, "I need something else. My whiskey tastes like piss. Ooh, red light!"

defying laws every now and then is what makes life more adventurous and interesting. like the x,xxx TM domain I sold..lol

 

[Archangel]

And you are again underestimating businesspeople. Even potheads could tell you:if they have a lot to sell and most ppl sell $5 a joint, they'd get the sales by dropping it to $4. And that'll pick up, obviously, thus the selling price will only get lower. That's logic, Business 101.

Is he comparing or making the sales point of supply and demand to average asking price.
regardless supply and demand if every seller said f- that its this price minimum no going lower people are gonna pay it.

 

[Archangel]

Laws are made to be broken lol

defying laws every now and then is what makes life more adventurous and interesting. like the x,xxx TM domain I sold..lol