IT.COM

opinion Beginners Guide to Domaining 101

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urljunky

Top Member
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2,074
  1. Hand reg a ton of names that sound good to you in any tld or gtld.
  2. Use all free domain value estimate tools at your disposal.
  3. Ask the NamePro community for their expert opinions, advice, and honest appraisals.
  4. Pay for "Professional" appraisals and Premium listing fees.
  5. Send them to auction with high sale prices. (you don't want to let it go for to cheap.)
  6. Develop the ones you like.
  7. Let them all expire.
  8. Watch the good ones you had get picked up in dropped/exp. auctions and get sold for $xxx
  9. If you learned anything you will get better.
  10. If you didn't learn anything start over from step one.
 
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The views expressed on this page by users and staff are their own, not those of NamePros.

Kate

Domainosaurus RexTop Member
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0. Register at NamePros, read and learn from other people's mistakes before you buy anything :)
 
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urljunky

Top Member
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2,074
0. Register at NamePros, read and learn from other people's mistakes before you buy anything :)

That is the only and most important step there is.
But, If everyone did step 0, then what would we post about?
 
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urljunky

Top Member
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@Kate This is just a fun post. My hope is to get people to chat and have a little fun. 3-4 years ago a lot more people use to interact and throw their 2 cents in. now it just seems like they read a thread and keep their thoughts to themselves. Before someone would throw a name up for appraisal and you would see 20 replies. Most of them were $0 or reg fee, if you were lucky. Now you see posts up there with 100 views and not 1 reply? is that because people put their foot in their mouth too many times?
 
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Kate

Domainosaurus RexTop Member
Impact
21,730
If you're talking about appraisals, maybe it's because people are tired of repeating themselves.
I myself know I sound like a broken record :)
But lack of response is a response in itself though.
And maybe some people are leechers who come to read but not to contribute.
Sometimes I have the impression that new members are lazy and looking for shortcuts to riches: they want to be spoonfed and ask questions that have been answered over and over.
They should just take the time to use the search function. After all our time is at least as valuable as theirs. That's it, people should do their homework.
 
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urljunky

Top Member
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2,074
You are singing to the Choir. Community contribution is super important though, IMO. Even if it is a bit sarcastic or funny. Again IMO.
 
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barophobia

Established Member
Impact
23
Thank you so much for sharing this!

9. If you learned anything you will get better.
10. If you didn't learn anything start over from step one.

This might just be my favorite part, despite the rest having a lot of great information. Sometimes, or most of the time, screwing up is the only way to really learn and it's by no means a time to give up. Thanks again!
 
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urljunky

Top Member
Impact
2,074
Thank you so much for sharing this!



This might just be my favorite part, despite the rest having a lot of great information. Sometimes, or most of the time, screwing up is the only way to really learn and it's by no means a time to give up. Thanks again!

Barophobia, Please under no circumstances do steps 1-5 7, or 10. Use Kate's step 0 instead. This will save you tons of money. Use your time searching and reading all threads on namepro's and learn what not to do.
Nobody really knows what to do. We all have different methods that sometimes work, but if you know what not to do you have a lot better shot of having fun.
 
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Domains - Wanted

Top Member
Impact
3,338
  1. Hand reg a ton of names that sound good to you in any tld or gtld.
  2. Use all free domain value estimate tools at your disposal.
  3. Ask the NamePro community for their expert opinions, advice, and honest appraisals.
  4. Pay for "Professional" appraisals and Premium listing fees.
  5. Send them to auction with high sale prices. (you don't want to let it go for to cheap.)
  6. Develop the ones you like.
  7. Let them all expire.
  8. Watch the good ones you had get picked up in dropped/exp. auctions and get sold for $xxx
  9. If you learned anything you will get better.
  10. If you didn't learn anything start over from step one.
Finally! Great guide! Best post and contribution this week! Short, simple. Anybody will be able to follow such clear and to the point instructions :ROFL:

Had it with this broken record: read, read, read! Don't buy before you read, learn, learn! Boooooring! Who has the time to do that? Time's a wasting! Time is money! :xf.wink:
 
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Furquan

JokerTop Member
Impact
2,867
How one can learn anything without doing mistake?

Don't worry about mistake, because the more mistake you done there is lot more chance's you learn.

*Only my two cents, I am not a expert in this crowded domaining world.
 
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Kate

Domainosaurus RexTop Member
Impact
21,730
The point is not to make no mistakes, cause you will... every day maybe.
The point is to avoid the stupid and obvious mistakes (that you would not have made with a bit of self-education and research, and less procrastination too).
A wise man learns from his own mistakes. A genius learns from the mistakes of others :)
 
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Furquan

JokerTop Member
Impact
2,867
Wow, could someone please define "Genius" for me.

Does genius won't make mistakes? Or they are born by mistake proof.
 
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Kate

Domainosaurus RexTop Member
Impact
21,730
The quote is not mine :)
 
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urljunky

Top Member
Impact
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Wow, could someone please define "Genius" for me.

Does genius won't make mistakes? Or they are born by mistake proof.
No Genius, they do make mistakes too, but not the same ones that have already been made by countless others in the past.
 
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Arpit131

Top Member
Epik.com
Impact
4,428
U forgot the get scammed by the appraisal scams running all along!
 
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urljunky

Top Member
Impact
2,074
U forgot the get scammed by the appraisal scams running all along!
Hopefully not scammed, but a little excited till you find out it's a scam from using the search box on Namepros.
 
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Thanks for the interesting/funny/valuable post @urljunky

I think the most important mistakes I make/made are:
(1) being too brash - get excited, buy a domain without thinking it through. Someone (can't find the post or I would credit them) gave advice to when you have a good idea for an available name write it down, look up evidence, consider it again the next day, and then sleep on it once more, and wait another day before buying. It's good advice, even if you do sometimes miss out.
(2) be too focussed on what I find an attractive name, without enough attention to what others will think. I think bouncing domain name possible purchases off those NOT in the domaining community can be very insightful and helps temper undue personal bias.

In terms of advice,
(a) I would urge people to always use evidence (real evidence, not simply a bunch of people posting something). We are fortunate to have so many sources of evidence, on everything from registration stats, spam stats, sales information, for sale information, robotic estimates of worth, etc. etc. Yes, some of this is more well based than others, but you can learn a lot by really delving into the information.
(b) I think whether you are in it for a hobby, or in it as a business, you should have a business plan. By that, decide how much you are willing to "invest" and stick to that. Also have a specific plan on how you plan to promote/sell your domain names. Also set a goal of each week doing one new thing to help with that.
(c) In conventional investment an exit strategy is a good idea. When you own a stock, what would be the conditions under which you would sell it. The same is at least as true for domains. Decide for each domain in your portfolio what would be the price you would sell at.

Bob
 
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urljunky

Top Member
Impact
2,074
Thanks for the interesting/funny/valuable post @urljunky

I think the most important mistakes I make/made are:
(1) being too brash - get excited, buy a domain without thinking it through. Someone (can't find the post or I would credit them) gave advice to when you have a good idea for an available name write it down, look up evidence, consider it again the next day, and then sleep on it once more, and wait another day before buying. It's good advice, even if you do sometimes miss out.
(2) be too focussed on what I find an attractive name, without enough attention to what others will think. I think bouncing domain name possible purchases off those NOT in the domaining community can be very insightful and helps temper undue personal bias.

In terms of advice,
(a) I would urge people to always use evidence (real evidence, not simply a bunch of people posting something). We are fortunate to have so many sources of evidence, on everything from registration stats, spam stats, sales information, for sale information, robotic estimates of worth, etc. etc. Yes, some of this is more well based than others, but you can learn a lot by really delving into the information.
(b) I think whether you are in it for a hobby, or in it as a business, you should have a business plan. By that, decide how much you are willing to "invest" and stick to that. Also have a specific plan on how you plan to promote/sell your domain names. Also set a goal of each week doing one new thing to help with that.
(c) In conventional investment an exit strategy is a good idea. When you own a stock, what would be the conditions under which you would sell it. The same is at least as true for domains. Decide for each domain in your portfolio what would be the price you would sell at.

Bob

Great advice Bob, and I've passed a few names up after taking those steps, but I am still guilty of buying a name or 2 or 3 that I don't care what others think. And I'll will usually have to spend more time on those to get others to see their value. It's all in the pitch though.
Thanks for the Great Advice, Very well put.
 
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barophobia

Established Member
Impact
23
Barophobia, Please under no circumstances do steps 1-5 7, or 10. Use Kate's step 0 instead. This will save you tons of money. Use your time searching and reading all threads on namepro's and learn what not to do.
Nobody really knows what to do. We all have different methods that sometimes work, but if you know what not to do you have a lot better shot of having fun.

Cheers! I've definitely been looking through this site, slowly but surely. There's so much information here; it's awesome. I think things are usually more fun when there's no right way to do it. Well, you know, as long as you've got a good idea of what not to do (like you said). Thanks for the help. :)
 
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tjl92

Established Member
Impact
110
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tjl92

Established Member
Impact
110
The point is not to make no mistakes, cause you will... every day maybe.
The point is to avoid the stupid and obvious mistakes (that you would not have made with a bit of self-education and research, and less procrastination too).
A wise man learns from his own mistakes. A genius learns from the mistakes of others :)

I like that quote! :) There is ALOT of info on this site though. After a while you gotta just jump in
 
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MR Harrist

Established Member
Impact
546
maybe my best tips for noobs, is read all pages in name pros, I am sure soon or later you will find something! :xf.grin:, btw I also noobs, so don't take my words! :xf.laugh:
 
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