discuss Are you a domain hoarder?

[ThatNameGuy]

I confess, i'm a domain hoarder. I think it was said about Paul Stahura, co-founder of Donuts Domains that he never saw a nTLD (new top level domain) he didn't like. As a registry, Donuts owns over 240 nTLD, more than anyone in the world. You might say Paul was a hoarder of nTLD's, and I'm a hoarder of simple domains (both nTLD's and .com's). The biggest difference between me and Paul is that he paid a minimum of 250K each for his addiction, and I pay less than $10 each for my addiction.

In defense of my addiction, domains are so cheap compared to other investment decisions like real estate, it's a "no brainer" imho.. I have a propensity to take advantage of a good deal when I see one. I've been doing it for over 50 years. Some of the elder domainers here differ from my strategy, but the feeling is mutual When I read and hear that old time domainers only sell 2% of their inventory each year, I say to myself...what's wrong with this picture? There's a lot wrong with it imho starting with, it just doesn't make sense.

Finally, for my critics who say I don't have a clue, I've been NAMING businesses, pets, boats, charity projects, and creating nicknames and vanity license plates for years. I created a name for a medical billing business I started called "Accounts Receivable Management Corporation" in 1977. While my partner and I realized that name was way too long, we hired an ad agency to help us come up with a new name in 1983. Well, they did. The new name for the company became AcSel, and today it's domain name/url is AcSel(.)org. We paid the ad agency $2,000 to help us come up with our new name, and guess who came up with the name???

I just can't wait for NamesCon in Vegas where I'll have an opportunity to meet domainers and hoarders alike. I have a propensity to hoard anything of value, and if you're gong to hoard anything, why not hoard domains

For any of you who have a question, please send me a PM and I'll do my best to answer it. See you in Vegas!

 

[J Sokol]

I read and hear that old time domainers only sell 2% of their inventory each year, I say to myself...what's wrong with this picture?

I agree that this is an unsettling statistic. How does your sell-through rate compare?

 

[JB Lions]

Last time I looked 2% > 0%

https://www.namepros.com/threads/are-you-a-domain-hoarder.1078878/

 

[ThatNameGuy]

I confess, i'm a domain hoarder. I think it was said about Paul Stahura, co-founder of Donuts Domains that he never saw a nTLD (new top level domain) he didn't like. As a registry, Donuts owns over 240 nTLD, more than anyone in the world. You might say Paul was a hoarder of nTLD's, and I'm a hoarder of simple domains (both nTLD's and .com's). The biggest difference between me and Paul is that he paid a minimum of 250K each for his addiction, and I pay less than $10 each for my addiction.

In defense of my addiction, domains are so cheap compared to other investment decisions like real estate, it's a "no brainer" imho.. I have a propensity to take advantage of a good deal when I see one. I've been doing it for over 50 years. Some of the elder domainers here differ from my strategy, but the feeling is mutual When I read and hear that old time domainers only sell 2% of their inventory each year, I say to myself...what's wrong with this picture? There's a lot wrong with it imho starting with, it just doesn't make sense.

Finally, for my critics who say I don't have a clue, I've been NAMING businesses, pets, boats, charity projects, and creating nicknames and vanity license plates for years. I created a name for a medical billing business I started called "Accounts Receivable Management Corporation" in 1977. While my partner and I realized that name was way too long, we hired an ad agency to help us come up with a new name in 1983. Well, they did. The new name for the company became AcSel, and today it's domain name/url is AcSel(.)org. We paid the ad agency $2,000 to help us come up with our new name, and guess who came up with the name???

I just can't wait for NamesCon in Vegas where I'll have an opportunity to meet domainers and hoarders alike. I have a propensity to hoard anything of value, and if you're gong to hoard anything, why not hoard domains

For any of you who have a question, please send me a PM and I'll do my best to answer it. See you in Vegas!

I agree that this is an unsettling statistic. How does your sell-through rate compare?

Hi J....while I'm just revving my domain engines, I already know my sell through rate will be much greater than 2%...i'm predicting somewhere from 5-10%. While I've admitted to being a hoarder, I can assure you I'm not your "average hoarder". In just a little over a year I've "Hand Registered" a little over 1,500 domains to the tune of less than $15,000. To put my investment in perspective, it's less than 50% of the "average" price of a new car in the US which is $35,000. And to add more perspective, a new car depreciates from 10 to 15% the moment you drive it off the lot...now that's a STUPID waste of hard earned dollars. Moving on.....my domain marketing plan is DIRECT to the "end user", NOT via companies like Sedo, Uniregistry, Undeveloped, Flippa or Afternic that an "end user" has NEVER heard of, and I can't emphasize enough, an "end user" has NEVER heard of any of these companies.

The ONLY registrar most end users have ever heard of is Go Daddy! While 50% of my portfolio was registered at Epic and NameCheap, I've made a conscious business decision to register all future domains with GD for reasons you or any of the members here probably wouldn't understand.

The last thing I'll add, when it comes to success in anything, nothing beats experience, passion and the right partner....I'll leave it up to you to figure out who that might be.

Happy New Year, and I look forward to seeing some of you in nCredibleVegas!

 

[Amanda]

Duplicate discussion / Original here: https://www.namepros.com/threads/are-you-a-domain-hoarder.1078878/