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I see a lot of domainers trying to list as many brandable domains on BrandBucket thinking that their chances of a successful sale will improve if they acquire as many domains as they can.
Well today I was chatting with an expert domainer and he told me that this strategy was amateurish and I should avoid.
He added that if he had a budget of say $5000 to invest in domains he would rather buy 10 good domains ($500 each) rather than spend $10-50 per domain and acquiring between 100 and 500 domains average to poor quality domains.
His reason was that it was much easier to sell good quality domains, even if I decided at a later stage to sell these in other market places. Another benefit was the huge saving in annual rego fees.
Interested in other's thoughts on this approach.
Well today I was chatting with an expert domainer and he told me that this strategy was amateurish and I should avoid.
He added that if he had a budget of say $5000 to invest in domains he would rather buy 10 good domains ($500 each) rather than spend $10-50 per domain and acquiring between 100 and 500 domains average to poor quality domains.
His reason was that it was much easier to sell good quality domains, even if I decided at a later stage to sell these in other market places. Another benefit was the huge saving in annual rego fees.
Interested in other's thoughts on this approach.