sales Domaining in 2019

[rohitgoyal]

Hi All,

2019 comes to an end so let me share the outcome for the year for me..

Domaining Journey started in 2017 with $300 initial investment..

2019:-

Total revenue:- $178k

Platform :-
Undeveloped;- $45k
Afternic :- $14.5
PayPal:- $118k

Outbound sale :- $155k
Inbound sale :- $23k

Developed 3 domains into long term blogs .. 1 each in legal , home services , education with approx 150 well researched article each..
Developed 300 geo domains into landing page with 1 article each..

Presently have 8k domains and 15 member team..

Target for 2020..

1.Start with premium domains
2. Focus more on development of unsold domains
3. Actively explore affiliates for domains
4. 5x revenue from domaining
5. Explore tieup and setting up more offices..

Happy new year guys...
Cheers

 

[rohitgoyal]

Still, buying 8000 non dot com domains and paying for 15 full time workers...claiming all that revenue is not the full picture or even a sliver of the picture my friend. In the US you’d be completely underwater.

First all are .com domains.
Second yes i am not based in US , its viable for me and may not be for you. You are free to explore options as per your convenience.
Third If you have read the post properly than i am developing lots of my domains so all 15 workers are not involved purely in domaining.
Lastly everyone has their own model and way of functioning. I never suggested anyone including you to follow mine. I am personally still learning and exploring lots of things.

 

[AbdulBasit.com]

Congrats @rohitgoyal i just have one doubt to know. You share about yourself a lot in indian domaining groups as well. Currently i left those groups but not very long ago You used to say you hardly have any inbound sales and that too afternic very less and rare. Your one of screenshot also had posted revealed same. Now here you claim 14.5k sales from afternic in one year. So it raises doubts. Can you kindly share the screenshot of your afternic dashboard to prove your claim of 14.5k sales in 1 year?

IMO, you're insulting a reputable member. Also he doesn't need to tell all this publicly and can enjoy what he's doing. But the only purpose of sharing is so others can get motivated, learn and start making money as well by following his business experience and tips he openly share.

 

[Laguna]

Why is it that in domaining it seems ok to ask someone how much profit they made or how much money they made this year or last year ? I don't know what it's like in the states but here in the UK if a stranger asks how much money you make, the answer would be f off and mind your own business

 

[rohitgoyal]

Congratulations on your success and thank you for sharing the information with us @rohitgoyal.

In addition to the ones you fully develop with extensive content, I noticed that you create a one page site for a number of geo. Is that for revenue generation or to get the name noticed to increase sales likelihoid, and do you find the effort worthwhile?

I agree with your comment that different people can have domain success with different models, something easy to overlook.

Best wishes for an even more successful 2020!

Bob

There are basically 3 reasons for developing those domains into micro niche single pager sites..

1. I have always been a big fan of developement and believe that actual value of domain is only after its developed.

2. I have parked my domains and installed google analytics. I noticed that i have been recieving approx 8-10 type in traffic per month even for my emd and geo domains. So i thought of experimenting with creating landing page and try to collect leads and than sell them to affliate companies. Options to monetize increases manifold if u develop your domains.

3. Since i am basically into outbound and normally sell my domains in xxx range. Many times my buyers themselves ask me if the domain recieve traffic or whether i can help them in developing the same. So i felt it would be worth a try to develop and rank them as normally competition for geo domains are very low.

Hope that answers your query. Happy new year to you too , i really enjoy reading your posts.

 

[rohitgoyal]

This is a "general" post, regarding those who share stories of their success. Not questioning Rohit - AT ALL - as it doesn't affect me, AT ALL.

If you want to tout your success here, great! And, congrats to those who have done well!

Think for a moment though....

The most successful people in this business run in stealth mode. That is the key to most of their success.

If you found a hoard of gold buried in the desert, would you give people a map to the location? Show a gold bar online? Would you talk about it at all? NO!!!

So, don't be naive. The people who got it, rarely flash it.

I completely agree with you but there are stupid guys who still believe in the age old custom of giving back to the community...

I agree they are fools but sometimes it's nice to have such fools around who are not always in "stealth mode"..

 

[AbdulBasit.com]

I disagree my intention is not like that. I apologise in advance to OP if its coming out in that way. But i have seen OP sharing about his sales and that how inbound sales specially from afternic is very rare for him so i just wanted to make sure that right info is provided thats why i asked for the proof. If he shares it then he will be reputable for me. Till now I have my reasons to doubt it. As for OP sharing other tips here. I agree about that. I have even appreciated it but here i have a doubt so i posted it. You can simply disagree with me.

The only time you raise such doubts when you've trust issues with the other party. It's better to either ignore or ask privately rather than disrespecting in public forum. There are assigned places like DnJournal who verifies each and every sale before publishing it where we need to provide the proof and that's not an insult as that's the norm for getting your sales published. But here Rohit is simply giving out everything without asking a dime.

This is one of the reason I see many genuine members shy away from sharing their experiences which could definitely be helpful to others because they'll get insulted in one way or the other at one stage which is totally unfair.

I don't see it's obligatory for @rohitgoyal to provide any proof in this thread.

 

[xynames]

When you had 1500 domains and three full time workers I asked you:

What are the monthly renewal costs for your 1500 domains most of which are apparently not dot com? What is the monthly cost of your team?

After all is said and done what is your net income?

Here in the US five k a month gross revenue minus renewal fees on 1500 domains minus the cost of three full time workers (plus your own time, as a fourth worker) would be a very losing proposition.

and you gave me a non-sequitor response.

Now you have 8000 domains? I’d ask the same question again.

After renewal costs on 8000 domains (still mostly not dot com?) and you have how many full time workers now, FIFTEEN, is there any net profit? With renewal costs of 8000 domains, If you were in the US: Paying for such workers in the US there would definitely be no profit left.

 

[Lord Antares]

In this thread
https://www.namepros.com/threads/50-to-5k-journey-of-2-years.1103302/page-5#post-6941220
you had said mostly not dot coms I’m happy to hear that you’ve upgraded to dot coms.

But your answer today is pretty much the same as it was then.

Also if as you say you plan to focus more on development of unsold domains, renewal costs will become an issue. Which even acquisition costs of 8000 domains is substantial.

I am not knocking what you’re doing just trying to understand the bottom line here.

He gave number data in some other thread when I asked him. His costs were very low. I believe he netted 2-3k a month back when I asked him, which should be amazing for India (if I'm not mistaken that he's from India) and he probably earns more now.

You underestimate the power of low cost labor and hand regs. I believe he said 10% of his domains sell. The calculations checked out. I can find the post if Rohit allows.

 

[Bob Hawkes]

Congratulations on your success and thank you for sharing the information with us @rohitgoyal.

In addition to the ones you fully develop with extensive content, I noticed that you create a one page site for a number of geo. Is that for revenue generation or to get the name noticed to increase sales likelihoid, and do you find the effort worthwhile?

I agree with your comment that different people can have domain success with different models, something easy to overlook.

Best wishes for an even more successful 2020!

Bob

 

[NickB]

There is no harm in having queries or asking questions but what matters is that what we ask and how we ask...

Very true!

manners maketh the man

 

[Internet.Domains]

Awesome job @rohitgoyal!

Domaining spans the globe and business models can vary greatly in different regions. What works in one area may not work in another, vice versa.

Thank you for sharing your successes with us!

Happy New Year!

 

[Windoms]

But i have seen OP sharing about his sales and that how inbound sales specially from afternic is very rare for him so i just wanted to make sure that right info is provided thats why i asked for the proof.

Total revenue 178k
Afternic 14,5k

Afternic is 8% of his total sales.
He's right to say afternic is rare.

You used to say you hardly have any inbound sales and that too afternic very less and rare.

If you are wondering why Paypal is 2/3 of his sales and people are not buying through afternic's partner websites.
Maybe his process is good at engaging buyers, so they trust him.
Maybe he's also giving them PayPal discounts to avoid 20% afternic commission.

 

[infosec3]

Congratulations, rohitgoyal.

You are another example of those of us who have created our own process and system.

I fully understand your low renewal cost, because that is how I have done for nearly 10 years for most of my GEO names (giving them one year and dropping them if not sold), and it definitely works.

You do not need to post your numbers, but still do so for the benefit of those who can learn from it. I wish you many more sales.

 

[rohitgoyal]

Roughly how many domains does this correspond to, Rohit?
It would be good to know the average sold price and the inventory turnover ratio.

Average sold price is $250 for hand registered domains...
Some domains from closeout and auction and average sold price for them is $749

 

[rohitgoyal]

Firstly congrats @rohitgoyal on a fantastic year, hope 2020 is even better!

Very true, I would never disclose the exact amount I make each year and could never ask someone how much they make ...it's not very "British" I am happy to say if I'm in the red or black but my money is my concern.

I am impressed that people are happy to share the specifics but it is not for me...

Firstly congrats @rohitgoyal on a fantastic year, hope 2020 is even better!

Very true, I would never disclose the exact amount I make each year and could never ask someone how much they make ...it's not very "British" I am happy to say if I'm in the red or black but my money is my concern.

I am impressed that people are happy to share the specifics but it is not for me...

There is no harm in having queries or asking questions but what matters is that what we ask and how we ask...

 

[AbdulBasit.com]

I feel you are taking this into completely different direction. I believe if one can post so much about sales then there should not be problem to share single screenshot of dashboard when doubt is raised. It is helpful if this is right but Such wrong info can also misguide many here. Also i'm surprised this is coming from you as you are the one who always asks to not only provide info but also to reveal domains and dislike to the ones who don't anyways lets just agree to disagree.

You're right that I do ask everyone to provide info and reveal domains and dislike to the one's who don't but that forum is different where it's must to provide. Also that forum is where the sale price is revealed, purchase price, acquisition date but only the domain name is hidden whereas in this thread, OP has not disclosed any sale price but he spoke out generally. So mixing these 2 things doesn't make sense... at least to me...

This thread is totally different and OP has full right not to disclose that.

Anyhow, let's leave up to the OP to decide how he takes it.

 

[rohitgoyal]

The only time you raise such doubts when you've trust issues with the other party. It's better to either ignore or ask privately rather than disrespecting in public forum. There are assigned places like DnJournal who verifies each and every sale before publishing it where we need to provide the proof and that's not an insult as that's the norm for getting your sales published. But here Rohit is simply giving out everything without asking a dime.

This is one of the reason I see many genuine members shy away from sharing their experiences which could definitely be helpful to others because they'll get insulted in one way or the other at one stage which is totally unfair.

I don't see it's obligatory for @rohitgoyal to provide any proof in this thread.

Bang on @AbdulBasit.com , you nailed it. I know plenty of guys who are doing amazing work in domaining but never share anything out here for the same reason.

Anyways i have been a regular follower of your post and wish you a great success in 2020.

 

[Internet.Domains]

The most successful people in this business run in stealth mode. That is the key to most of their success.

There are plenty of success stories not in "stealth mode.".......Being stealth does not define success. I consider this thread a success story and glad someone shared it with us.

The people who got it, rarely flash it.

This thread was not about "flash." There was no conceited bragging. This thread is purely sharing an experience, sharing a journey through life........... Enjoy the ride.

 

[rohitgoyal]

Very impressive man, all the best for 2020! It appears that you have gone full time with domaining. Go rocking !!

Yes I am into it full time though not just into domaining but exploring entire arena of digital marketing...

 

[rohitgoyal]

When you had 1500 domains I asked you:

and you gave me a non-sequitor response.

Now you have 8000 domains? I’d ask the same question again.

After renewal costs on 8000 domains and you have how many full time workers now, is there any net profit? With renewal costs of 8000 domains, If you were in the US: Paying for such workers in the US there would definitely be no profit left.

I guess i have replied the same multiple times . I hardly renew 5% of my domains. I try to sell them to end user or liquidate in bulk or let them expire in first year itself.

 

[NickB]

Why is it that in domaining it seems ok to ask someone how much profit they made or how much money they made this year or last year ? I don't know what it's like in the states but here in the UK if a stranger asks how much money you make, the answer would be f off and mind your own business

Firstly congrats @rohitgoyal on a fantastic year, hope 2020 is even better!

Very true, I would never disclose the exact amount I make each year and could never ask someone how much they make ...it's not very "British" I am happy to say if I'm in the red or black but my money is my concern.

I am impressed that people are happy to share the specifics but it is not for me...

 

[AbdulBasit.com]

Congrats @rohitgoyal and thank you for sharing!

 

[.X.]

Absolutely Fantastic !!! I am glad to the Entrepreneurial spirit alive and well.

 

[frank-germany]

@rohitgoyal

thank you for sharing

Rohit is a great and very supportive guy.

there is no need for you to trust him
if you don't like it


I trust him.

All the best Rohit.