Domaining as a Career?

[BasedBeyond]

I know that a good amount of us work an everyday job, and invest in domains on the side. But I've always wondered this:

If you were to quit your current position right now in order to become a full-time domainer, would domaining alone be able to fulfill your living expenses and criteria?

Can domaining be pursued as a career?

Curious to hear your responses, thanks.

BasedB

 

[eraldo_coil]

This is something I think about every now and again. I'm pretty new to domain investing, and I always wonder what the percentage is of domain investors who are actually making good money doing it full time as a career.

I remember looking up and reading a NP thread several months ago about this very topic, and if I recall correctly, many people had stated that no, most people do not make enough money domaining in order to sustain a living compared to a "normal" day job. Of course there are exceptions to this and some people are full time domainers and can and do make good money, but I think the reality is that this is rare, and a large majority of domainers are either losing money, or not making nearly enough money to justify quitting their day job.

 

[Justin Matmor]

I would think domain brokers are probably earning a good full time income.

Investors or traders are probably just earning a bit of side money.

 

[garptrader]

Domaining allows a great deal of flexibility in that one can set their own hours, work from anywhere with an internet connection, be more active in marketing domains if they choose to do so or even develop domains they are more passionate about. However, as it stands currently most end users / developers do not place near the value on domain names that domain investors do and thus only a very small percentage of domain investors make a full-time living from pure buying / selling domains.

Domaining is kind of like professional sports. Someone who plays basketball, tennis, golf on a regular basis and has done so for years is going to be more skilled than someone new to the sport. However, it is one thing to play sports recreationally. It is totally another to be a starter for the Miami Heat. I believe the odds of making a living as a website developer or designer or digital marketer etc are probably much higher than they are from buying and selling domains.

 

[Jurgen Wolf]

Domaining is my profession and passion...

 

[Dominic Belley]

I would not be able to live only off of my domaining revenues.

I think its a numbers game. To sell enough domain I would have to own a lot or good quality names and I don't have the money to buy that many quality names.

Let say I would require at least 50K per year in net revenue. That is gross (before tax). But still NET revenue [Domain sell price /minus/ Domain acquisition price].

I doubt I would be able to make that kind of money in a year even doing it full-time. I would have to make a lot of outbound and I hate doing that.

 

[Jurgen Wolf]

Domaining is not just selling but also monetization...

 

[Justin Matmor]

Domaining is not just selling but also monetization...

Are you implying earning adsense revenue from your parked domains?

 

[Jurgen Wolf]

I prefer ZeroClick-method... but Google-feed is also useful... depends on certain domain...

 

[VaibhavA]

Hi,

I am a newbie with few months of domaining experience and a few xxx$ in sales so far. So, I really cannot say, it can be a full time profession so far.

But, on the other hand, if you can spend time and learn everyday, it definitely has the potential of bringing in a regular flow of income. It also depends on how much money you have invested in it and at what time. I do not know if its a good time to invest in liquid domains now, but if can find good liquid domains at resonable price, you will definitely flip them at higher price. Its not easy to find, but thats where money is made by most everyday.

Or, if you can catch a few 4L's and 3C's in .com dropping everyday. You will definately make a killing quickly.

Just my opinion!

 

[NameClerk]

How to become a full time domainer starting from scratch...

1. Live in your parents basement
2. Work 24/7
3. Stock up on Ramen Noodles

 

[Jurgen Wolf]

~95% of beginners drop domaining after 1-2 years...

 

[korganian]

I prefer ZeroClick-method... but Google-feed is also useful... depends on certain domain...

Which zero click program do you use?

 

[Jurgen Wolf]

I use ParkingCrew... ZeroClick-only account...
To get it - just skip so-called "Premium ads" offer (don't sign Google-agreement).

 

[E-Promote]

How to become a full time domainer starting from scratch...

1. Live in your parents basement
2. Work 24/7
3. Stock up on Ramen Noodles

Do #2, then you can skip #1 and #3.

Truth is that you just need to start small and work your way up, the key is work ethic.

 

[Casey L]

If you have a lot of experience and a lot of money, then I'm sure it's possible. If you can afford to hold many good names and work full time at marketing and selling them, while also making money from parking and maybe a blog as well about your acquisitions and sales then it's certainly a possibility.

 

[Jurgen Wolf]

Quality domains don't need any marketing...

 

[tjl92]

How to become a full time domainer starting from scratch...

1. Live in your parents basement
2. Work 24/7
3. Stock up on Ramen Noodles

lol there are other ways to go about it

 

[tjl92]

Do #2, then you can skip #1 and #3.

Truth is that you just need to start small and work your way up, the key is work ethic.

true, you can do #1 and #3 and STILL be broke!

 

[urljunky]

I do believe that domaining is a 2nd income to anything. If you are a full time domainer you have websites and monetize in affiliate sites and such. So buying and selling domains is a part of that. Not the #1 thing. A byproduct of what you do that is also profitable. Even if you are buying a domain then developing it and reselling it, you are a developer not a domainer. But selling the domains you don't develop is also profitable.