auctions Can't sell a single domain

[Cryptoearn.co]

I listed a domain for sale for the past 6-7 months. A few days back I listed it again with lowest at 1$.
In total, I got 3 bids 2,4,6
Now top 2 bidders have declined the offer and my domain is expiring on 4th Oct.

What should I do?
I am not going to do any domain selling.

 

[Ja Kai]

Wow this is again too much for me.

Bruh. You need to toughen up or forget about domaining.

 

[Jurgen Wolf]

Why so many posts to somebody who has nothing to do with domaining and just wants to liquidate his domain(s)???

 

[Ja Kai]

Why so many posts to somebody who has nothing with domaining and just wants to liquidate his domain(s)???

Jurgen, LOL, you just perpetuated the mystique of the thread...

 

[Elsupremo]

I'm overwhelmed by the response for a POSITIVE ATTITUDE BROKER. Now let's gettem sold.

 

[Recons.Com]

Jurgen, LOL, you just perpetuated the mystique of the thread...

And now you did it

 

[lock]

You won't be able to sell here after you gave the negative feedback for your own sabotage.
https://www.namepros.com/threads/very-bad-experience-with-namepros.1156618/#post-7420157

 

[DonDraper]

The days of selling handregged domains are over.

No need to write these definitive statements, not because its true or false, but just because there are people out there that just run with profit that 'model'.

So The days of selling handregged domains are over if you don't have a clue of what you are doing.
And i guess it was valid even 10 years ago

 

[Silentptnr]

Don't be so hard on yourself. You need much more time learning and understanding domain investing. A doctor cannot perform surgery after only watching a video for an hour or two.

Don't underestimate the complexity of domain investing or the expertise necessary to be successful.

Give yourself time. Stop buying and start reading more.

 

[Bob Hawkes]

While I agree in general with the advice given, I think it is also true that just because a domain name will not sell for even $5 here does not mean that it necessarily will not sell for much more elsewhere. I was too lazy to search them out, but I recall numerous cases where people reported that a domain name that no one here would buy for $10 later sold for $$$$.

Those may well be the exceptions, but I think people on NamePros (me too!) are looking to buy at extremely low prices, much less than they would pay in an expiry auction, and they are for most part only looking at a part of the domain market (business names only and .com only and no hyphens and no mixed number-letter etc.). Yes, no doubt most end user sales follow those patterns, but a fair amount of sales do not. It does not seem to me that most buyers, even to the the degree they should be, are open to domains outside the simple rules.

I agree that the large sales in .co are indeed single-word (or acronym) and actually only certain types of single word (there are a few active NamePros people who have had huge success in .co so have and can speak authoritatively). That being said, if you go through the list of NameBio .co sales in the last two years there are definitely two-word domains selling too, sometimes for a reasonable amount.

Finally, I would just reinforce what others are saying. As a new domainer you are probably doing well if your rate of selling domains, even at the $$$+ point ,is 1%. Therefore the odds of any particular domain selling this year is of order 1 in 100. That ratio goes down for two word .co obviously, and goes way down to near zero if a domain is limited in real use possibilities.

So the fact your domain did not sell in one year, or that no one here will pay much for it, may well mean it is worthless, but I would argue that those facts alone do not mean it is worthless. The key question is always are there significant real world uses which the OP has partially answered in his follow-up.

Bob

 

[cooljub]

I was too lazy to search them out, but I recall numerous cases where people reported that a domain name that no one here would buy for $10 later sold for $$$$.

Bob, you're slacking

 

[Bob Hawkes]

Bob, you're slacking

I prefer to call it taking a break

 

[BrandPlease]

I think Domain Buyers, like we all are, apply all the right strategies to pick the best names they can afford to buy. Then actively monitor passive sales - that is where the root of all domain frustration lies

• Good buyers but bad Sellers: in my completely unqualified opinion (until I buy a domain that proves I am! ha)

If you want to list & watch & wonder why it's taking so long, go back to the old saying about a watched pot. If they are good they will sell - with the min passive efforts, but it will be slow slow slow.

If you want to be an "active" domaining business you have to be networking & selling full time. There are very few who have the "only" product that could be a great solution - & that doesn't matter what product you are selling. John Deere has tractor sales people, Microsoft, everyone, The biggest domain investors known have active sales.

Not sure why, MYSELF INCLUDED, so many seem to run into the same roadblock, as if was a surprise. My 1st full year I was about done, ready to give up, then a sale made. Sold on the 1st outbound on that name & it got me back in the right mind frame. Outbound & lots of listings.

Good luck all - and at least pop your names on a good parking provider for a few to see what kind of visits it gets, may influence your outbounds.

Good luck,

 

[namekahuna]

Simply buying some domains you think are good and throwing them up on marketplaces will not sell 99% of the time.
You have to learn how to appraise a domain before buying it, and how to market it properly.

 

[WatchDogue]

If your domain selling sample size is " 1 domain ", and your sample time to sell said " 1 domain" is
6-7 months, you are respectfully ill informed about how domains may sell.

Also listing on NPs you are reaching out to an overall well informed buyer's pool who likely will purchase names for re-sale rather than as an enduser.

One name and seven months holding time IMO does not represent a sufficient sample with which to determine too much more than that particular domain was undesirable to experienced domineers.

Read NPs re buying / selling and concentrate on acquiring domains more likely to sell and be prepared to hold 'em a while.

 

[namemarket]

.....I agree that the large sales in .co are indeed single-word (or acronym) and actually only certain types of single word (there are a few active NamePros people who have had huge success in .co so have and can speak authoritatively). That being said, if you go through the list of NameBio .co sales in the last two years there are definitely two-word domains selling too, sometimes for a reasonable amount.....

Thanks Bob for the feedback on .co I was not aware until now dot-co was doing so well.

By coincidence there was an email from Google this week with a .co reply to address so even Google likes .co

 

[Jurgen Wolf]

Be very careful with such emails... looks like phishing...

 

[namemarket]

Be very careful with such emails... looks like phishing...

Hi, The Google Support specialist helping you today has invited you to join a screen share-session with me, where you can share your screen and get faster help. You don't need a microphone or camera to join. You can join using Chrome or Firefox by clicking this link: https://g.co/folder-name/

 

[Bob Hawkes]

G.co is a Google URL shortener https://en.m.wikipedia.org/wiki/G.co

Twitter use T(.)co for links on their platform.

 

[ak1985]

While I agree in general with the advice given, I think it is also true that just because a domain name will not sell for even $5 here does not mean that it necessarily will not sell for much more elsewhere. I was too lazy to search them out, but I recall numerous cases where people reported that a domain name that no one here would buy for $10 later sold for $$$$.

Those may well be the exceptions, but I think people on NamePros (me too!) are looking to buy at extremely low prices, much less than they would pay in an expiry auction, and they are for most part only looking at a part of the domain market (business names only and .com only and no hyphens and no mixed number-letter etc.). Yes, no doubt most end user sales follow those patterns, but a fair amount of sales do not. It does not seem to me that most buyers, even to the the degree they should be, are open to domains outside the simple rules.

I agree that the large sales in .co are indeed single-word (or acronym) and actually only certain types of single word (there are a few active NamePros people who have had huge success in .co so have and can speak authoritatively). That being said, if you go through the list of NameBio .co sales in the last two years there are definitely two-word domains selling too, sometimes for a reasonable amount.

Finally, I would just reinforce what others are saying. As a new domainer you are probably doing well if your rate of selling domains, even at the $$$+ point ,is 1%. Therefore the odds of any particular domain selling this year is of order 1 in 100. That ratio goes down for two word .co obviously, and goes way down to near zero if a domain is limited in real use possibilities.

So the fact your domain did not sell in one year, or that no one here will pay much for it, may well mean it is worthless, but I would argue that those facts alone do not mean it is worthless. The key question is always are there significant real world uses which the OP has partially answered in his follow-up.

Bob

True

 

[bmugford]

Many people enter this field with unrealistic expectations.

If you want to make consistent sales you basically need quality and quantity.

You need quality otherwise no one is going to be interested.
You need quantity to make up for the low sell through rate.

It all starts with buying better domains, and that starts with learning what a good domain looks like.

*This is for relatively passive sales. If you want to really hustle and turn it into a full time job flipping domains proactively that is possible as well, but still not easy*

Brad

 

[Rajuajoshi]

You need to keep in mind most domains never sell.

They say a GOOD portfolio sells on average 2% of their domains passively a year (if priced and listed at all the marketplaces) .. so on AVERAGE, basically it takes about 50 years for a domain to sell. If you put the domain up at wholesale auction (which shouldn't be your goal in domaining if you want to make money), then that percentage goes WAY higher ... however .. if it's a bad domain, then no smart domainer will ever want to buy it because they probably won't be able to sell it.

Unfortunately when a new domainer is so new that they need to ask why they can't sell a domain even for a few dollars, it means the domain(s) is worthless .. and quite honestly there isn't much to do aside from put it up for a no-reserve $1 auction here at namepros and hope to get a few dollars for it.

In reality I'm sorry to say the real answer is that you likely need to get better domains.

For example, CryptoEarn // dot // co is a worthless domain .. if you offered to give it to me for free I wouldn't even bother because the chances of it ever selling are less than 0.01%. The only way it would sell is to a new domainer who doesn't understand domains. Take some time to learn a bit more about what makes a good domain .. because in the end there is no magic solution that can help anyone sell bad domains .. otherwise we'd all be rich!

You need to keep in mind most domains never sell.

They say a GOOD portfolio sells on average 2% of their domains passively a year (if priced and listed at all the marketplaces) .. so on AVERAGE, basically it takes about 50 years for a domain to sell. If you put the domain up at wholesale auction (which shouldn't be your goal in domaining if you want to make money), then that percentage goes WAY higher ... however .. if it's a bad domain, then no smart domainer will ever want to buy it because they probably won't be able to sell it.

Unfortunately when a new domainer is so new that they need to ask why they can't sell a domain even for a few dollars, it means the domain(s) is worthless .. and quite honestly there isn't much to do aside from put it up for a no-reserve $1 auction here at namepros and hope to get a few dollars for it.

In reality I'm sorry to say the real answer is that you likely need to get better domains.

For example, CryptoEarn // dot // co is a worthless domain .. if you offered to give it to me for free I wouldn't even bother because the chances of it ever selling are less than 0.01%. The only way it would sell is to a new domainer who doesn't understand domains. Take some time to learn a bit more about what makes a good domain .. because in the end there is no magic solution that can help anyone sell bad domains .. otherwise we'd all be rich! 

Thank you for your opinion.

It's very logical what you have mentioned. However this leads to another question in my mind, keeping aside premium domains, if we talk about low to mid quality let's say two word domains with proper sync making sense have no taker, on the flip side, there are some domains consist of two words but completely unrelated sell off at decent prices. So again question comes up, what is good domain ??????

1. Depends on the individual perception that leads to sale ? (if so then all domains are good).

2. Brandable domains ( No need to apply logic but something fresh someone wants , if so then again it is difficult to predict good name)

3. Domains required by end user (Logical but again some of the members commented which is very valid point that, enduser may not want to upgrade and continue with current name.)

4. Follow only trends to have safe bet. (Again a valid point in this thread that what was relevant in past may not hold good now)

5. Buy decent/premium names and hold it for couple of renewals and then put for the sale. (Again this doesn't guarantee sale )

6. only premium names bought at high price and resell it. (Safest bet)

7. More logical approach: keyword search and monthly volume, CPC, previous and comparable sale, DA, TF, Majestic ,MGM benchmarks . ( if so then what should be minimum ideal benchmark )

8. Or in the last there is only thumb rule for good domain name is that there is no thumb rule.

Please advice.

 

[Bob Hawkes]

Thank you for the nice summary, @Rajuajoshi - I would agree with this:

only thumb rule for good domain name is that there is no thumb rule

While there are certainly rules of thumb that are right some or even a lot of the time, depending too much on rule of thumbs not only misses out on opportunities but also will lead you down paths that may not be profitable. If domaining could be reduced to 6 or 7 rules, then a bot could totally dominate (or is that happening ). Also, I think that your summary demonstrates that we don't all need to follow the same path to success, and in fact it is good that we don't.

But the central answer to OP is that one domain not selling in 6 or 7 months is not unusual, it is the norm. Those who write articles and books that say "flipping domains for easy and fast profit" are, in my opinion, misrepresenting the ease of making money with domain names.

The strange thing to me, is some names that do sell. I go through the NameBio list every day, and there are always names that sell, sometimes for $$$$, that I think most would say are poor names according to conventional thinking. So why do they sell? I think it is partly that domain names sell in all languaes and cultures, and some that seem strange to a western English speaking investor may be strong if your first language is something else.

But really, it takes one purchaser who sees value in the name, so if I was to hold onto one rule of thumb it is handle names that could potentially be used by multiple realistic end-user.

It is true that if you are selling to other domainers, and want that liquidity, following the common simple rules of thumb helps find buyers.

Bob

 

[Rajuajoshi]

Thank you for the nice summary, @Rajuajoshi - I would agree with this:

While there are certainly rules of thumb that are right some or even a lot of the time, depending too much on rule of thumbs not only misses out on opportunities but also will lead you down paths that may not be profitable. If domaining could be reduced to 6 or 7 rules, then a bot could totally dominate (or is that happening ). Also, I think that your summary demonstrates that we don't all need to follow the same path to success, and in fact it is good that we don't.

But the central answer to OP is that one domain not selling in 6 or 7 months is not unusual, it is the norm. Those who write articles and books that say "flipping domains for easy and fast profit" are, in my opinion, misrepresenting the ease of making money with domain names.

The strange thing to me, is some names that do sell. I go through the NameBio list every day, and there are always names that sell, sometimes for $$$$, that I think most would say are poor names according to conventional thinking. So why do they sell? I think it is partly that domain names sell in all languaes and cultures, and some that seem strange to a western English speaking investor may be strong if your first language is something else.

But really, it takes one purchaser who sees value in the name, so if I was to hold onto one rule of thumb it is handle names that could potentially be used by multiple realistic end-user.

It is true that if you are selling to other domainers, and want that liquidity, following the common simple rules of thumb helps find buyers.

Bob

Thank you Bob

 

[DomainRecap]

One URL isn't going to work... It's a numbers game. sh*tty names do sell, but you have to have many sh*tty domains.

Exactly and all this stuff about "anything but premium is worthless" is pure BS, as I've got some nice names that haven't got a nibble, while I have received "crazy" offers for some pretty sketchy domains purchased during "dollar daze" - always remember that beauty is in the eye of the beholder.

A few years ago there was a $1 sale and I was feeling a bit randy so I registered maybe 25-30 available acronyms and words with CO at the end (not .CO, but a CO suffix) just as an experiment and over a year's time I think I sold half.

But I'm sitting here with some 4-7 letter singular words not getting a single bite, although the "perceived price" may have had something to do with it. Companies know they're not going to get ABCD or WORD for a song, while ABCDCO or WORDCO might be more in their price range, so there is a significantly larger buyer base.

 

[Bob Hawkes]

Thanks Bob for the feedback on .co I was not aware until now dot-co was doing so well.

Well no doubt vast majority of end user sales are in .com, but I think .co is being looked at as alternative, especially when .com is essentially unavailable.

Re one word vs two, there are no doubt more than a dozen one word .co sales for every two word, but some do sell at decent amounts. Looking only at last year here are a selection (not complete) of decent value .co sales on NameBio. I compiled it hoping to see a pattern, which I did not .

Bob

• OrganicHealth.co $1400
• DropShipping.co $2050
• GovPress.co $2560
• NextThing.co $3000
• PolicyBin.co $1000
• LoveLetter.co $15,000
• MassiveDynamic $1576
• CasinoBonus.co $3858
• SpreadShirt $2000