ravidesai
Established Member
- Impact
- 89
Hello Members,
I want to share some facts and experience which I gained from the last 2-3 years regarding domaining. As everyone is here to sell and buy domains and make some good profit out of it, it is very very important to understand your domain valuation, the real use of that domain, and yes most importantly to find an end-user for that domain name.
Most domainers doing mistakes by expecting a huge price for their domain name and thinking that he/she has the billion-dollar domain name which they registered. but never thinking about why this domain name is still available for them. Yes, it is available as the domain name is not related to any genuine business or topic in which people are more interested.
I have personally seen some of the domain names which have 2 or 3 keywords that are totally different from reality. There is no combination or relation between the first keyword and the second one. But, still, they think that they have diamonds in their hand, and are unable to sell them at low prices. Sometimes they (beginners) denied $xx offers and then after they do not get the real or end-user and finally those domains will get expired without selling.
Lastly, they lose money by registering domains and not renewing old ones as they don't get any offers for them. They are doing the same mistakes and exit from domaining at a point.
Conclusion: Understanding the value of your domain is most important. Either hold domains for 5-10 years and wait for an end user who only can give you your dream price or another way is to buy and sell domains at a low margin and be happy with small profits and continue as a domainer for the long term.
Kindly share your views. Thanks.
I want to share some facts and experience which I gained from the last 2-3 years regarding domaining. As everyone is here to sell and buy domains and make some good profit out of it, it is very very important to understand your domain valuation, the real use of that domain, and yes most importantly to find an end-user for that domain name.
Most domainers doing mistakes by expecting a huge price for their domain name and thinking that he/she has the billion-dollar domain name which they registered. but never thinking about why this domain name is still available for them. Yes, it is available as the domain name is not related to any genuine business or topic in which people are more interested.
I have personally seen some of the domain names which have 2 or 3 keywords that are totally different from reality. There is no combination or relation between the first keyword and the second one. But, still, they think that they have diamonds in their hand, and are unable to sell them at low prices. Sometimes they (beginners) denied $xx offers and then after they do not get the real or end-user and finally those domains will get expired without selling.
Lastly, they lose money by registering domains and not renewing old ones as they don't get any offers for them. They are doing the same mistakes and exit from domaining at a point.
Conclusion: Understanding the value of your domain is most important. Either hold domains for 5-10 years and wait for an end user who only can give you your dream price or another way is to buy and sell domains at a low margin and be happy with small profits and continue as a domainer for the long term.
Kindly share your views. Thanks.
Last edited: