Domain Name Broker Association

[johnn]

Hello all,

I think that many of you here are tired of selling domain names for a buck or two for profit.
The domain business today is not the same domain business like several years ago - where you can sell the name for 5 or six figures. Why?

According to my research, there are hundred of thousands of domain dealers out there who own an average of several hundred names (many of us from NP do to). These dealers accumulate million of names (both good and bad names) BUT THE MAJORITY OF THESE PEOPLE DO NOT KNOW HOW TO MARKET THE NAMES.

In the NamPros for sales section, you're technically selling to other resellers for a small profit. Sometimes you're even take a loss if the name is about to expire.

I think the domain market is not as bad as many may think if you can find the market/buyers.

I'm thinking creating a site called "Domain Name Broker Association" (Let me know if you can think of a better name).

What we'll do with the site strictly membership (where you have to pay a nominal fee,i.e. $10 a year to prove that you're serious.
- Members will exchange current inventory by entering them into one large database with the prices that they wish to sell.
- There will be a couple of full time marketing members who their job will be contact end-user to solicit the sale based on the name.
- A certain percentage will be retained for the administration of the association.

So what I'm trying to do is gather as many names as we can so we have a large inventory and then we'll market them diectly to the end users.

I have successfully did this. I bought names from NP here for a couple of bucks, define and contact the potential buyers and close the sale for a couple of hundred dollar (I believe Wanda did it too).

Let me know your thought! Feel free to pm or send me an email.

[email protected]

Regards,

 

[blueintr]

This concept looks very interesting. Let me know when the idea is further along.

Blueintr

 

[Bill1]

great idea but it wont be very easy

 

[johnn]

Originally posted by Bill1
great idea but it wont be very easy

I know it's not easy. There is a lot of planning to do before I can execute the plan.

I'm touch with several "experts" in this area and we'll have a plan soon.

Will keep you guys posted. Feel free to contact me if you think you're an expert and be a part of this organization.

Thanks,

 

[domplace.info]

hi john,
as this is supposed to look and be professional and attract endusers, you might want to remove the google ads again!
best regards
nico

 

[johnn]

Nico,

Thanks for the suggestion. The site is still under construction.
I'll remove the banner ads when it's ready.

I need some money from the ads now to cover the expenses!:gl:

 

[domplace.info]

i see!
no problem, just thought they might give this type of website especially being a .org a bad image!
best regards
nico

 

[EdwinJ]

I have been following the thread and applaud your idea, John.
I think this is something that is very much needed in the industry.

Countless businesses online are lugging around difficult cumbersome names. They will jump at the opportunity to be able to own great new easier domain names.

And don't forget that as more and more businesses get online, they will want good domains to do business under.

Because of the scarcity of good names, I think DNBA can
come in and make a difference - for members and customers.

It would be great if we can put this together.

P.S. John, I just sent you a separate email with other relevant info.

 

[johnn]

Edwin,

I do appreciate your thouhts!

Thanks,

 

[johnn]

Hello all,

I have been receiving a lot of email inquiring about DNBA.org

I'm in the process of contacting several members to form an "informal comittee" in order to get the plan going.

I know this is a big job and it is not a "one man show" that's why We need a committee.

If you feel that you can contribute or want to be a part of DNBA, go to the site and register. I'll inform all DNBA members by email as we move along.

http://www.dnba.org

We already has about a dozen registered members.

As always, feel free to send me an email of you need to talk to me directly.

Regards,

John

 

[webscorpion]

Registered, Johnn.

Regards

 

[AdoptableDomains]

I'm registered as well. Does the site have capability for continued discussion there about specifics, or should it continue here?

 

[InteractAsia]

this looks like a good idea

Although i don't have much expertise, i'll register and help in any way i can.

 

[JMJ]

My main thoughts on the matter would be an "association" typically envolves monthly newsletters, scheduling meetings, public awareness, etc. They aren't generally focused on making money. What I mean by this is you don't see the firefighters association going out and starting fires to drum up business.

Not to be negative on the plan that was just the first thought that came to mind.

 

[Anthony]

Happy to see this is moving along. I'll register now.

 

[johnn]

We are in need for a graphics designer to design:

1. DNBA.org logo
2. DBNA member logo (it's like Verisign logo where members will display the logo on their site).

It's great if you can do it for free. If you want to pay by NP$ lrt me know.

Thanks,

 

[domplace.info]

I have my 2 cents again as well:

i was probably one of the first ones who signed up, and i would really like something like this to work! however, i think there need to be some restrictions! i compiled a list of about 50 people who bought names from me so far. the list includes domain name, price, date sold, email of the buyer, alternative email of the buyer, name, phone number, etc. the list includes rick schwartz and igal lichtman. i would be willing to contribute this list if other people would do so as well AND i knew the list would only be used to send domain names out to buyers who really bought very similar domain names before! therefore the committee would have to check every email that is supposed to be sent out very carefully! this is why i really think there should be restrictions as to who will be accepted! other people should contribute about the same so i will benefit from it as well, and some 14 year old kiddies that don't know anything about business yet shouldn't be admitted! Now, i don't want to discriminate against anybody, it is just that i have had my bad experiences:
-posted a name for sale, somebody asked me for login info to the admin backend, i posted it. guess what happened? some kiddie decided to screw up the design through the backend and change the password! now that was funny.
-guess some kiddie decides to send rick schwartz a list of his names like Domain-Business-For-Sale-By-Owner.bz and asks $40 000 for it! now i bet he will be wondering where they got his address from!

i know age isn't an indicator for business behavior. i am still 2 months to young to drink beer in the states myself, but i have been in this business for about 3 years and i have successfully sold and acquired quite a few really nice names!
i know jordan or yakhov aren't very old either, but they are very professional and successfull in what they do as well!
now don't get me wrong, i would love this to work, but we would need some kind of admittance criteria, because this should be about QUALITY rather than QUANTITY
just my 2 cent!

best regards
nico

 

[vox]

proper model for the DNBA

I agree that it could be a feasible idea. The thing would be to model it after an association that already works. Someone had mentioned the fireman's association, and I believe that this is the wrong way to look at it. If you could model it after a sales organization geared towards sales like the Realtor's association, then I believe you could make it work.

The Realtor's association is primarily geared towards sales, and the development of succesful sales careers for and by its members. I believe that this is the intent of the DNBA. If not, then someone please correct me, as I might've missed something.

The Realtor's do have a code of conduct, you do have to have a license, and they have other requirements as well, such as a hefty membership fee. These conditions help to filter out the non-serious, and help keep up the standards somewhat. They still have their share of troublemakers and slackers, and sometimes crooks who manage to get in, but by and large the system seems to work well.

Just my thoughts. I am interested in this idea, but it will take a lot of work to establish it as a viable association that benefits its members, as well as the general public.

Cheers...

 

[xpfreedom]

and some 14 year old kiddies that don't know anything about business yet shouldn't be admitted!

I really am offended by that. You shouldn't judge somebody by their age, but rather by their professionalism. Now I know you followed that comment with "I don't mean to discriminate against anybody" or something similar, and I appreciate that. But please, don't make false assumptions about somebody because of their age :D.


edit:

I also appreciate this: "Iknow age isn't an indicator for business behavior."

Sorry for my rant

 

[Bill1]

keep us updated

 

[meljr]

Johnn, How about some kind of certification. I had to have this years ago when I was in the Real Estate Business. A broker should know certain things. I bet this group could come up with some requirements. I know I learned most of my stuff on this forum, but it is scattered all over. I am sending you 500 NP$ for expenses. I would like to join and suport this.

meljr