Collecting Thoughts

[DomainBlend.com]

I would like to start this conversation to see how you guys “domainers” think about the future of your domains

I have couple of questions that might help us define and come up with a plan for our domains future

1- Where do you thing this business is going, down or up

2- Do you thing that the $100 domain that you buy it today might worth $1000 next year

3- What kind of domains are you looking to buy 4L 3L 5L .net .com??!!.

4- Do you have a timeframe to sell your domain inventory?

5- Do you prefer brokers or to sell it yourself

Feel free to add your questions

 

[garptrader]

My thoughts
-While finding domains with potential end users requires some work, it is far more difficult to find buyers willing to open their wallets. When you are dealing with TLDs other than .COM you exponentially increase the amount of marketing effort or patience (renewals for X years) to receive inquiries.

-It has been rare for me to sell a domain a short time after acquiring it. Normally sales occur years later even for .COM domains.

-While very short .COM domains are in demand, I believe with so many other domainers mining that space, finding bargains in LL or LLL or LLLL .COM will not be easy. While the new TLD mania has cannibalized domainer to domainer sales, one positive effect is there is less competition for expiring .COM domains than would otherwise be the case.

-I personally believe the new TLD and numeric domain bubble will burst in the next three years. There is far more inventory being added than there are end users and unlike baseball cards or coins or collectibles, holding a portfolio of domains entails a carrying cost. In many cases domainers are registering hundreds of domains with a teaser reg fee of $1 but a year from now when the renewal is $10, how many of those domains will get renewed? Or in some cases they hold premium domains with renewals of $50 to even hundreds annually. With numerics, why would a business brand their company's product / service offering on 74832910.xyz or 64071825.ws? Are those names memorable to customers? So why are domainers buying this %^&*$#@!

-The biggest challenge this industry still faces even in .COM is the mindset of end users toward domain names. Generally speaking they merely look at domains as low $XX costs necessary to launch a website and give little consideration to the branding aspect of the selection process. They will then proceed to spend five or six figures on website development and marketing costs on a poor-quality domain. Until that end user mindset changes, I do not see how the mushrooming growth of new TLD registrations can be sustained. There are not enough end users buying domains to maintain a portfolio of such names.

 

[johnn]

1- Where do you thing this business is going, down or up
Always Up

2- Do you thing that the $100 domain that you buy it today might worth $1000 next year
It depends - Junk name will go from $100 to $0

3- What kind of domains are you looking to buy 4L 3L 5L .net .com??!!.
I have short memory so the shorter the better LLL would be good.

4- Do you have a timeframe to sell your domain inventory?
The sooner the better - Cash flow is critical to any business

5- Do you prefer brokers or to sell it yourself
Why would I use Brokers? (By definition - Broker = A person who is broke or does not have any money)

 

[80-20]

5- Do you prefer brokers or to sell it yourself
Why would I use Brokers? (By definition - Broker = A person who is broke or does not have any money)

Invaluable!
Seriously guys, take notice of what Johnn said...

 

[nvdomains]

5- Do you prefer brokers or to sell it yourself
Why would I use Brokers? (By definition - Broker = A person who is broke or does not have any money)

You made my day.

 

[Raymond C]

Well said John.

 

[equity78]

1- Where do you thing this business is going, down or up
Always Up

2- Do you thing that the $100 domain that you buy it today might worth $1000 next year
It depends - Junk name will go from $100 to $0

3- What kind of domains are you looking to buy 4L 3L 5L .net .com??!!.
I have short memory so the shorter the better LLL would be good.

4- Do you have a timeframe to sell your domain inventory?
The sooner the better - Cash flow is critical to any business

5- Do you prefer brokers or to sell it yourself
Why would I use Brokers? (By definition - Broker = A person who is broke or does not have any money)

I think #5 is misguided Andrew Rosener @SeafoodMan is a broker and I don't think he is broke, neither is Dave Evanson or several others.

I would say if you know what you are doing you should close deals yourself, saving 20 - 30% is a big deal. But to say all brokers are broke is just an inaccurate statement.

 

[johnn]

Can someone take a joke?

 

[imadoer]

1- Where do you thing this business is going, down or up

up theres more and more new investors coming into this business every year bringing more money into the business

2- Do you thing that the $100 domain that you buy it today might worth $1000 next year
only if you buy right

3- What kind of domains are you looking to buy 4L 3L 5L .net .com??!!.
LLL.com . net .org .co .cc .in LLLL.com 5L pronoucable stuff in .com

4- Do you have a timeframe to sell your domain inventory? I want to sell it all NOW! for the right price :D
I pick in choose what i like to hold on to for a longer investment but i sell almost everything pretty quick

5- Do you prefer brokers or to sell it yourself
i am a broker...but at times i sub stuff out or have someone sell things for me. Even though i can sell them myself...Because A they have the connection or B I'm busy with other things and it gives me time to concentrate on them while they are trying to sell the name.