Do you make a living selling domains?

[Shawn Haghnazari]

I was wondering if people actually make a living solely on buying and selling domains.

 

[lock]

If all else fails flippingfries.com is available where you can master your second trade.

 

[Soofi]

Yes, I do

 

[Kate]

The common conception that it's so cheap to live in a so-called "3rd world country" is rather funny in my opinion.

It's true, a lot of stuff is more expensive because it has to be imported.
If you want to live comfortably, or to Western standards, living in a Third world country is not so cheap.
High-speed, reliable Internet is not cheap or available everywhere. In some countries, the electricity runs a few hours a day.
As said above, some of the things we take for granted are not affordable to everyone.

 

[Fancy.domains]

It's true, a lot of stuff is more expensive because it has to be imported.
If you want to live comfortably, or to Western standards, living in a Third world country is not so cheap.
High-speed, reliable Internet is not cheap or available everywhere. In some countries, the electricity runs a few hours a day.
As said above, some of the things we take for granted are not affordable to everyone.

Yes, a german car (Audi, Mercedes, BMW, Porsche) is 2-3 times more expensive where I live, than in most EU countries. If I want some salami, cheese and a bottle of decent red wine for the weekend, I can expect to pay twice as much as in EU or the US. And so on...

But sure, local groceries and foods, go to the movies, labor, hotel accommodation, small motorbikes etc, it’s all pretty cheap here.

 

[viniproject09]

I think there are very few who live just selling domains. I am sure they have some other profession as well to earn their revenues.

 

[Hroppi]

You can buy drop domains

 

[Fancy.domains]

I think there are very few who live just selling domains. I am sure they have some other profession as well to earn their revenues.

Not everyone. Personally, I think domaining is a much more effective way to make money than having a low salary job. But you have to know what you are doing and you have to work a lot. Maybe even 40 hours weeks, just as any other job out there.

Sitting and hand reg a few names, now and then, is not professional domaining, it’s a hobby.

 

[Jurgen Wolf]

I regularly meet the US buyers who can't pay even ~$500 for domain...

 

[Jurgen Wolf]

And not just selling...

You can pay for your electricity even from parking revenue...
Just as example: ~1K visits daily x ~$10 avg. RPM (ZeroClick) = ~$300 monthly.

 

[Bonsu]

And not just selling...

You can pay for your electricity even from parking revenue...
Just as example: ~1K visits daily x ~$10 avg. RPM (ZeroClick) = ~$300 monthly.

Are there still names with that much traffic?

 

[wot]

I used to.

 

[AMRO1001]

Make serious of killings...buy realestate...rent...Now you live on domining safely....

Not yet for me

 

[Jurgen Wolf]

Are there still names with that much traffic?

10 domains x 100 visits daily = 1K visits daily.
What problems???
Nothing special in this volume.

 

[viniproject09]

We I keep looking opportunities not just living selling domains. For me its a matter of luck if I get some good piece of domain in my hand.

 

[.X.]

We I keep looking opportunities not just living selling domains. For me its a matter of luck if I get some good piece of domain in my hand.

That is one of the most common used misconceptions, it is not luck, it takes hard work and time, patience is what I have seen being the biggest issue with people just throwing in towel and moving on from domaining.

There are many resources that must be thoroughly researched in a persons decision making in this industry.

Many follow the status quo , that will get you some education of the industry, but it won’t lead you to prosperities in the industry, you have to branch off from the industry status quo and make your own path.

If the domain industry status quo worked to make a domainer have better than average success, their would be over 1 million highly successful domainers, we would all be making a great living off of domaining alone.

 

[.X.]

Are there still names with that much traffic?

Good gosh yes, but you must have the knowledge to use the resources to thoroughly know the traffic origins to be able to utilize traffic domains to make conversations.

I buy traffic domains and redirect them to my sites every so often, although they do increase my bounce rate, they also bring me new customers.

 

[Hireinternet]

I am student and making $300-$500/ Month from domaining - enough for me -

Waiting for big boom after that i can say myself domainer .

 

[.X.]

I am student and making $300-$500/ Month from domaining - enough for me -

Waiting for big boom after that i can say myself domainer .

That’s a nice little supplemental income for you, keep up the good work, and best of luck to you in your future endeavors.

 

[DotComRealty]

Great question. I was doing this as a side hustle for 10 years. Not making any money to live on, but just reinvesting and building my portfolio with more and higher quality names. The last year it has been domaining only. 7 days a week, 10 to 12 hours a day average. With a normal sell through rate of 2-3% on 700 domains it comes out to a US minimum wage at best after expenses. As I never take anything for myself and reinvest, it gets better. I would say if you have "normal" US expenses, and do this exclusively, you have a very large high quality portfolio.

Here is the math: If you have 1,000 names selling at an average of $2500 with a sell through rate of 2% you sell 20 for a total of $50,000. Maybe 15 of them come through marketplaces so take a $10,000 bite out of that - $40k. Renewals on 1000 names - $10,000. Now you have other expenses on that such as monthly fees on site tools, etc., but you are left with $30k. Now taxes, and since you don't have a job that pays insurance you pay yourself. You might have $20 to $25k left. That is not enough for most single people to live on in the US. And that is with no reinvestment into building your portfolio which is suicidal.

I travel full time so I might pay one dollar per night for a cool hostel in Sumatra including breakfast, $4 for a small penthouse apartment in Myanmar, $5 for a fancy dive resort in the Philippines. And don;t forget daily massages for $2 to $4.

Answer is either you have a high quality portfolio and spend a lot of time building it and live very frugal, or you have 5,000 to 10,000 or more HIGH QUALITY names, spend a lot of time and reinvest, and then live a "normal" lifestyle in the US.

 

[alcy]

The common conception that it's so cheap to live in a so-called "3rd world country" is rather funny in my opinion. Just because you move to a country with a larger percentage of "poor" people, doesn't mean that you need to live from the cheapest local food, drink rice beer and live in a dirty shed.

i think the funy part is what u said

when people talk about lower living cost in poorer country it means it will cost u less to buy good food and good house there than in usa... this isnt about sheds and eating yer own excrement