Domain value

[Shashank Tyagi]

Hi everyone, I am new to domain industry and purchsed 2 domains in hurry without any study on them and now i am unable to sell them but that's ok. Today i want you help on something, i found a 7 letter domain available that consist of 2 words. When i checked it's value on estibot, it shows $80. What do you guys think, should i invest in this domain and if i do so, can you predict how much will i be able to sell it for in future?

 

[Bob Hawkes]

Before purchasing a domain, I would suggest that you do the following:

1. Use Namebio to search on similar keywords and see what they have sold for and when. With respect to that, also consider if it is likely interest in the topic is increasing or now.
2. Ask yourself who would want the domain name you are considering, and how they might use it. Be creative, but realistic. A second person going over your list will be a reality check.
3. If you did have the domain, how would you go about trying to sell it? Don't register/buy until you have a selling plan.
4. Do you have expertise/knowledge/background in the area that would give you more confidence in the name?
5. Go to GoDaddy free GoValue and see what it tells you the domain is worth. Now don't get excited that you are sure it can quickly get that, but it is a reality check, even if an automated one. Also, look at the comparators they list and what they sold for. This will likely expand the list that Namebio provided.
6. Now go to Estibot, another automated service (5 are free per day) and see what they say it is worth. Estibot looks at different things (mainly search popularity and CPC, ad competition, etc.). They may give you a few comparators, but it is the search data that is most valuable here. If they say it is worthless, check if it is because they have misunderstood the word (e.g. split two words wrong). If you can't justify why they say it is not worth much, think carefully before buying the domain name.
7. If not a .com, look at the success of that extension, and also look at which of the other main extensions are operational and how.
8. If a .com or .net or .org, consider which of the new domain names might offer competition. For example if you have homeloans(.)com is home(.)loans available and would it be preferred? ( I heard it sold for a few bucks lately ).
9. Not all would agree, but I would plan your exit plan before you buy it. Like I will renew it once and if it still doesn't sell, then it drops. And, I would like to get x$ for it, but I would accept y$ and feel I have done alright.
10. Make double sure that there are no obvious trademark issues.
11. Especially if it is a major purchase, sleep on your proposed sale, and see if you feel as sure the next day. Some of us set a limit on how many domains we buy, or how often, to help being too impulsive. Often when we first see a domain name we like it more than we do a few days later.

Really, if you don't have the time to do an analysis involving at least some of the above, I personally would not invest in a domain name. It's not easy to sell domain names. Having the right names increase your chance.

Best of luck in your domain activities.

Bob

 

[biggie]

Hi everyone, I purchsed 2 domains in hurry without any study on them and now i am unable to sell them but that's ok. Today i want you help on something, i found a 7 letter domain available that consist of 2 words. When i checked it's value on estibot, it shows $80. What do you guys think, should i invest in this domain and if i do so, can you predict how much will i be able to sell it for in future?

so you didn't study cuz you was in a hurry and can't sell them

now, you went out and found another domain and found the bot to check it with?

do you can that study?

keep your money in your pocket and keep reading the forum

imo...

 

[MapleDots]

Don't listen to any of them @Shashank Tyagi

You need to send me the 80 bucks because I have a couple of great domains on my drop list that would be perfect for you. Why waste the money on mediocre registrations when you can contribute to my renewal fund and procure a couple of domains already rejected by current namepros members. This way you can skip this process entirely and devote that time to making more money for your future endeavors.

 

[slader23]

Rather than just say it, lets put things into practice first.

In this example, I'll use two domains, a recent acquisition of mine compared to a stupid domain I handregged back when I started in 2016 :

Tool used: https://instantdomainsearch.com




See the difference?

If you want to buy the .com there has to be several tlds taken imho for it to be a worthwhile investment. 10+ TLDS taken tells me that there is at least some kind of commercial interest in using the name. If they are NO TLDS taken when you try to register the .com don't register it unless you understand brandables or have advanced knowledge of an upcoming generic product or trend otherwise you'll end up like I did back in 2016 with a crappy domain that can't be resold for even $0.01 . This is what experienced domainers are trying to show domain beginners. If you want to buy low and sell high or flip quickly at a liquidation value, you need to buy domains that have demand and more often than not, these domains have already been registered by someone else for many years. You'll come to a better understanding of this over time as there are other aspects that need to be accounted for that can also affect value, but just focus on TLD's taken for now.


That is the most important piece of advice I can give you. Everything else can be learned through reading the domain beginners thread, following sales and making mistakes. If you can keep an open mind you'll do very well in the domaining niche. The opportunities are endless.


On a side note: If you want to make quick flips for small profit, your best bet is getting into liquid domains. Probably start with 4 Letter.coms.

Check out Namebio.com for past sales and Shortnames.com to begin learning about the dynamics of highly liquid domain markets. It's going to take time. Don't rush it. Analyze the charts, take notes.....treat this like any serious business if you want to make money, because it won't come easy.


Good luck!

 

[MapleDots]

Please PM me your list of dropping domains

Hey stub

Sorry, my post was some very thinly veiled sarcasm, I was trying to be funny. As in please don't waste any more money, but if you're giving it away it might as well be to me.

I traditionally do not drop domains, I might drop a few .ca's here and there but my .com's every time I drop one it ends up on huge domains and I get annoyed. I'd rather pay the ten bucks.

 

[Anjani]

I suggest ignore everyone and just stick to your conviction.

Some pundits here told me rethrill.com is worth zero and am in the negotiation process with 2 prospects to hopefully sell it in mid $xxxx

Bottom line is 98% of the inventory does not sell anyway...Take a chance!

 

[Primary Names]

@MetBob Thanks for sharing the knowledge.

I religiously follow the following rules. In short.

9. Have an exit plan before you buy a domain.
11. Sleep on it for a while to make sure it is not an impulsive purchase.

 

[Recons.Com]

I suggest ignore everyone and just stick to your conviction.

Some pundits here told me rethrill.com is worth zero and am in the negotiation process with 2 prospects to hopefully sell it in mid $xxxx

Bottom line is 98% of the inventory does not sell anyway...Take a chance!

So because you are in negotiation with 2 prospects, you feel qualified to provide domain investment advice?

 

[Bob Hawkes]

Here and on many other topics in NPs we see a wealth of different viewpoints, often very vigorously expressed.

I offer the following reflections.

1. We should only allow experts to give domain investing advice. (see also 2)
2. Expert, noun, Person who has made every possible mistake in some area of study. (source unknown)
3. I think most of us are becoming experts, and I for one welcome a wealth of viewpoints and advice.

I am trying to be humourous (while I work at becoming an expert, see 2 ). But being serious, I guess this is to urge us all to be open and respectful of different viewpoints, and those of us offering advice to always do so with a genuine interest in being helpful.

Have a nice day everyone, and thank you to the incredible people on this forum who offer so much expertise and time so generously.

 

[Anjani]

I mean if trying to sell quickly can try on NPs or elsewhere an auction. However, as you will see, even many domains with tiny starting bids don't sell. The more energy you put into seeking potential purchasers, may lead to a higher probability of success. Others can give more precise numbers, but even in .com the majority of domains that people register will not sell in even the first year, however. Good luck, but if rapid domain flipping for quick profit was easy, well this community would be even larger.

Case in Point: augm.com
Creation Date - 2004
Listed and Unsold at - $6,150
Considering augmented reality being a hot sector, a newbie like me would have listed this at $25000 and would have hoped for a flip in less than a month

Always enjoy reading your posts @MetBob, Thank you!

 

[TauseefKhan]

sometimes accessing and learning the right material becomes tiresome and difficult and even leaves one confused. I think choosing the right domaining course or an ebook can be helpful and time-saving for you.

 

[Willox Perez]

I agree with Biggie you need to dedicate as much time as possible to reading the forum and learning what makes a domain valuable, how is the current market looking? What is on most demand? I am sure you have so many questions and remember the answers are here all you need to do is invest your time.

- Will

 

[Name Trader]

Don't listen to any of them @Shashank Tyagi

You need to send me the 80 bucks because I have a couple of great domains on my drop list that would be perfect for you. Why waste the money on mediocre registrations when you can contribute to my renewal fund and procure a couple of domains already rejected by current namepros members. This way you can skip this process entirely and devote that time to making more money for your future endeavors.

Please PM me your list of dropping domains

 

[MapleDots]

My smilie was also a hint at sarcasm

Haaaaaaaaaaaaaaaaaaaaaaaaaa

Oh man, thats funny...... now you know what they say about sarcasm

It's wasted on all but a few

 

[Name Trader]

Haaaaaaaaaaaaaaaaaaaaaaaaaa

Oh man, thats funny...... now you know what they say about sarcasm

It's wasted on all but a few

Yep. Even those who use it. Don't recognize it

 

[Bullock]

 

[golan]

The two domains that i purchased were Shoppersplatform.com (keyword: shoppers + platform) and Bitcoinsuser.com (keyword: Bitcoins + user).

Plural, not good. "Bitcoins" doesnt make sense at all.

 

[Anjani]

So because you are in negotiation with 2 prospects, you feel qualified to provide domain investment advice?

Domain investment advice?

This trade is pure speculation..When it works then you start believing you are god.

The main difference between speculating and investing is the amount of of risk undertaken in the trade. Typically, high-risk trades that are almost akin to gambling fall under the umbrella of speculation, whereas lower-risk investments based on fundamentals and analysis fall into the category of investing.

 

[Anjani]

So you believe this to be speculation and you advice someone to keep pouring money into speculation and you also are ready to use your own 8k for speculation?

At this point, i believe it to be a speculation and am willing to bet only what i can afford to lose.

The day, i believe it to be an investment then i will drop $250,000 without batting an eyelid.

 

[Bob Hawkes]

Guys, i don't want to invest big and wait for couple of years. I wanted to invest in quick flippings with small profit. What do you suggest?

I mean if trying to sell quickly can try on NPs or elsewhere an auction. However, as you will see, even many domains with tiny starting bids don't sell. The more energy you put into seeking potential purchasers, may lead to a higher probability of success. Others can give more precise numbers, but even in .com the majority of domains that people register will not sell in even the first year, however. Good luck, but if rapid domain flipping for quick profit was easy, well this community would be even larger.

 

[Bullock]

Guys, i don't want to invest big and wait for couple of years. I wanted to invest in quick flippings with small profit. What do you suggest?

Ok, that's a legit business model.

But fundamentally, the primary factor remains the choice of the "right" domains.

 

[Anjani]

Rather than just say it, lets put things into practice first.

In this example, I'll use two domains, a recent acquisition of mine compared to a stupid domain I handregged back when I started in 2016 :

Tool used: https://instantdomainsearch.com




See the difference?

If you want to buy the .com there has to be several tlds taken imho for it to be a worthwhile investment. 10+ TLDS taken tells me that there is at least some kind of commercial interest in using the name. If they are NO TLDS taken when you try to register the .com don't register it unless you understand brandables or have advanced knowledge of an upcoming generic product or trend otherwise you'll end up like I did back in 2016 with a crappy domain that can't be resold for even $0.01 . This is what experienced domainers are trying to show domain beginners. If you want to buy low and sell high or flip quickly at a liquidation value, you need to buy domains that have demand and more often than not, these domains have already been registered by someone else for many years. You'll come to a better understanding of this over time as there are other aspects that need to be accounted for that can also affect value, but just focus on TLD's taken for now.


That is the most important piece of advice I can give you. Everything else can be learned through reading the domain beginners thread, following sales and making mistakes. If you can keep an open mind you'll do very well in the domaining niche. The opportunities are endless.


On a side note: If you want to make quick flips for small profit, your best bet is getting into liquid domains. Probably start with 4 Letter.coms.

Check out Namebio.com for past sales and Shortnames.com to begin learning about the dynamics of highly liquid domain markets. It's going to take time. Don't rush it. Analyze the charts, take notes.....treat this like any serious business if you want to make money, because it won't come easy.


Good luck!

Thank you for being so generous and we really appreciate the information and advice you have given.

 

[Shashank Tyagi]

Rather than just say it, lets put things into practice first.

In this example, I'll use two domains, a recent acquisition of mine compared to a stupid domain I handregged back when I started in 2016 :

Tool used: https://instantdomainsearch.com




See the difference?

If you want to buy the .com there has to be several tlds taken imho for it to be a worthwhile investment. 10+ TLDS taken tells me that there is at least some kind of commercial interest in using the name. If they are NO TLDS taken when you try to register the .com don't register it unless you understand brandables or have advanced knowledge of an upcoming generic product or trend otherwise you'll end up like I did back in 2016 with a crappy domain that can't be resold for even $0.01 . This is what experienced domainers are trying to show domain beginners. If you want to buy low and sell high or flip quickly at a liquidation value, you need to buy domains that have demand and more often than not, these domains have already been registered by someone else for many years. You'll come to a better understanding of this over time as there are other aspects that need to be accounted for that can also affect value, but just focus on TLD's taken for now.


That is the most important piece of advice I can give you. Everything else can be learned through reading the domain beginners thread, following sales and making mistakes. If you can keep an open mind you'll do very well in the domaining niche. The opportunities are endless.


On a side note: If you want to make quick flips for small profit, your best bet is getting into liquid domains. Probably start with 4 Letter.coms.

Check out Namebio.com for past sales and Shortnames.com to begin learning about the dynamics of highly liquid domain markets. It's going to take time. Don't rush it. Analyze the charts, take notes.....treat this like any serious business if you want to make money, because it won't come easy.


Good luck!

Thanks man, i think i found my answer...... this is what i was looking for..... you were of great help...... can you share your contact details, if i feel like purchasing a domain name, i will consult with you first.

 

[Shashank Tyagi]

That is annoying. I couldn't get an offer on it now it's on HD for $3,700 or what ever they price every domain at.
@Shashank Tyagi Take these pros advice and read, then you will know a little more.

I will, Thanks

 

[frank-germany]

Alright guys, i am not the type of guy who surrenders easily, i learn from my mistakes and always try to fight till the end. The two domains that i purchased were Shoppersplatform.com (keyword: shoppers + platform) and Bitcoinsuser.com (keyword: Bitcoins + user).

And when i was purchasing them i considered the fact that i might not be able to sell them so what else can i do with them. So now i am converting the Bitcoinsuser.com in an automated news website and i already have done lots of work on that, you can check it out.

But i still respect your suggestions and waiting for more.

actually your domains are not as bad as it could have been
keep them
renew them

make them stick in front of your computer
and re-evalute them for the next 10 years daily

re-think about
why you registered them
and who is the right buyer

then sell it to them