Heya
@Bulloney .. as much as I hate to be the bearer of bad news .. but there is absolutely nothing new here ... and there actually is a tradition of many a domainer doing the same thing ...
Please check out this
@DomainSherpa Review before buying any more Simpli domains ...
https://www.domainsherpa.com/review-20151207/
Now granted Simpli is certainly 1000x better than Strkli .. but 1000 times nothing = ???
If you have a good prefix then they certainly could be worth something. Many MANY years before I started actively domaining I had a DJ / Club Music website with a prefix that I used for a few other domains. I actually made a couple mini sites with a couple of them as well as had a couple of offers (I still have 5-6 of them I think). But those were real words because it was the relatively early days (1999-2000)
The problem with domains with a prefix like this is that it has both: 1) a low likelyhood of selling .. and 2) a low potential end-user value. Either one of those factors and you certainly can have a chance of getting by ... but multiply those 2 factors together and you'll have an extremely difficult time making enough money to pay your renewals.
If you're looking for advice .. then I'd say definitely stop buying any more. If it's something you want to try out then maybe grab 5 or 10 at the absolute max. Stick to the best possible ones .. then if you get a couple of hits, work your way down your list.
What's worse is that possibly a few domains with ultra strong 2nd words like SimpliMoney or SimpliTV could have a small chance. But even those are longer shots.
I've never heard of SimpliSafe .. but it's important to note that the vast majority of startups are not marketing initially on TV where it's easier to get past deliberate misspellings because of the visual aspect of TV. I'm guessing that they are likely a company that already had money that rebranded .. or had an unusually high initial investment.
These sorts of long shots DO and WILL happen in the domain industry .. whoever sold them SimpliSafe beat the odds .. but as a buyer (particularly if you're buying a large number of similar domains), you need to have a broader vision .. see past the one-offs.
Most importantly it's important to note that "likeli" the ONLY reason they even considered the domain in the first place was because they also had the proper spelling .. otherwise it would have been a terrible branding decision.
Don't get me wrong .. you likely will get interest .. but the moment you quote a price above $500 and particularly $1000 the potential buyer will have tons of better alternatives to choose from.
Then with good portfolios making a sales rate of 1% to 5% .. and the realisation that "Simpli" domains fall in a category well below those .. you're looking at an overall loss. Again .. this number wouldn't be so low if you had just a handful of ultra great ending terms like Money, Music, TV, VR, Coins .. but I'm guessing that if you're up to 55 domains you've deluded the quality significantly.
Anyhow .. hope you prove me wrong .. because I actually just handregged one that I just mentioned .. lol .. but I'm thinking it would be best at this point not to put all your eggs in one simpli-basket! This is 2017 ... good domains are pretty scarce at handreg .. over 1 million people have registered at NamePros alone .. there are 130 million .com's registered ... by this point pretty much every prefix imaginable has been tried and tested .. and the ones that work .. most certainly will not have 55 good domains available .. this is one of the few absolutes one can count in the domain industry.[/Q
Heya
@Bulloney .. as much as I hate to be the bearer of bad news .. but there is absolutely nothing new here ... and there actually is a tradition of many a domainer doing the same thing ...
Please check out this
@DomainSherpa Review before buying any more Simpli domains ...
https://www.domainsherpa.com/review-20151207/
Now granted Simpli is certainly 1000x better than Strkli .. but 1000 times nothing = ???
If you have a good prefix then they certainly could be worth something. Many MANY years before I started actively domaining I had a DJ / Club Music website with a prefix that I used for a few other domains. I actually made a couple mini sites with a couple of them as well as had a couple of offers (I still have 5-6 of them I think). But those were real words because it was the relatively early days (1999-2000)
The problem with domains with a prefix like this is that it has both: 1) a low likelyhood of selling .. and 2) a low potential end-user value. Either one of those factors and you certainly can have a chance of getting by ... but multiply those 2 factors together and you'll have an extremely difficult time making enough money to pay your renewals.
If you're looking for advice .. then I'd say definitely stop buying any more. If it's something you want to try out then maybe grab 5 or 10 at the absolute max. Stick to the best possible ones .. then if you get a couple of hits, work your way down your list.
What's worse is that possibly a few domains with ultra strong 2nd words like SimpliMoney or SimpliTV could have a small chance. But even those are longer shots.
I've never heard of SimpliSafe .. but it's important to note that the vast majority of startups are not marketing initially on TV where it's easier to get past deliberate misspellings because of the visual aspect of TV. I'm guessing that they are likely a company that already had money that rebranded .. or had an unusually high initial investment.
These sorts of long shots DO and WILL happen in the domain industry .. whoever sold them SimpliSafe beat the odds .. but as a buyer (particularly if you're buying a large number of similar domains), you need to have a broader vision .. see past the one-offs.
Most importantly it's important to note that "likeli" the ONLY reason they even considered the domain in the first place was because they also had the proper spelling .. otherwise it would have been a terrible branding decision.
Don't get me wrong .. you likely will get interest .. but the moment you quote a price above $500 and particularly $1000 the potential buyer will have tons of better alternatives to choose from.
Then with good portfolios making a sales rate of 1% to 5% .. and the realisation that "Simpli" domains fall in a category well below those .. you're looking at an overall loss. Again .. this number wouldn't be so low if you had just a handful of ultra great ending terms like Money, Music, TV, VR, Coins .. but I'm guessing that if you're up to 55 domains you've deluded the quality significantly.
Anyhow .. hope you prove me wrong .. because I actually just handregged one that I just mentioned .. lol .. but I'm thinking it would be best at this point not to put all your eggs in one simpli-basket! This is 2017 ... good domains are pretty scarce at handreg .. over 1 million people have registered at NamePros alone .. there are 130 million .com's registered ... by this point pretty much every prefix imaginable has been tried and tested .. and the ones that work .. most certainly will not have 55 good domains available .. this is one of the few absolutes one can count in the domain industry.
Thanks Ateguy...I just went back and re-read our initial conversation from about a month ago. To refresh your memory, the Simpli domain prefix is just one of three area's where I've carved out a niche in this industry. You mentioned to me you hadn't heard of Rob Monster at Epik, and you'd never heard of
SimpliSafe? I think it's because of my
inquisitive nature and my entrepreneurial obsession that I see things differently than most. With regards to "naming" businesses, I've named over 20 businesses in my lifetime. Speaking of inquisitive nature, one of the businesses I owned was called
Inquisitor Investigations. According to Blacks Law Dictionary here is the definition of Inquisitor; "A
designation of sheriffs, coroners super visum corporis, and the like, who have power to inquire into certain matters" When I saw that, I thought
WOW!, what a perfect name for a PI firm. My brother-n-law, a lawyer, and I owned that business for about 20 years, but closed it when a niche we were serving for major banks disappeared. However, I still own the domain InquisitorInvestigations.com, and that along with a couple of other similar industry names I own, have pretty decent potential imho. The problem is, the industry isn't coming to me for these names, I need to go to it via email marketing etc.
So getting back to Rob Monster (what a name), I'm moving about 500 domains that I've registered at GD to Epik because of Rob, who I met via Linkedin. Rob is a well recognized industry leader, and I feel blessed that he's taken a liking to me. While I haven't partnered with Rob, I'm still seeking a high level partner who can compliment my strengths and make up for my weaknesses. Moving on to
SimpliSafe, I'm not sure if they're in Canada, but they've simpli become one of the fastest growing security businesses in the US. It's been just 10 days ago that I saw one of their adds on CNN, and later on another network. Another poster here on NamePros saw the same add, and said he intended to look into the Simpli prefix for domains, but he simpli forgot. Ateguy, SimpliSafe was started by two Harvard Grads (husband and wife) in 2010, and it does over 100M in revs today with over one million customers. The wife Eleanor is no longer with the company as she's become the CFO for Boston Public Schools. Since learning all this just 10 days ago I've already reached out via Linkedin to both Chad and Eleanor to see if they may want to work with me in some capacity to help make the
Simpli niche a profitable success. Ateguy, who better to partner with than a couple of highly successful Harvard grads?
Finally, you may recall I'm developing an online business called
"FirstCarMemories" because of the niche I've discovered with regards to virtually everyone in the worlds first car. btw, I own a bunch of other
FirstMemory domains like FirstDate, FirstJob....oh, and then there's "Best" and "Favorite" memories as well. Ateguy, short of sounding arrogant, but I like to think of it as charming
, My Mantra is
"Make Something Happen" which has also been my email address since I registered the name September 1, 2001 with Network Solutions.
Thanks again Ateguy, you weren't the
"bearer of bad news"....to the contrary, you only confirmed that my non traditional approach might just work. Good Luck to you and Happy New Year to you and your family.
Bulloney