Domaining is hard.

[itsbusinessbaby]

solely domaining is rather difficult, don't you agree...
unless it's a really good .Com, it's rather hard.


you're better off choosing a topic you fancy, and that's rather popular - then developing, marketing and promoting the site.



...thoughts?

 

[homebuyer]

Domaining

Domaining is what you make of it. Where else can one expect to make a 10,000% return on his investment in a relatively short period of time? That said, I have no complaints.

 

[itsbusinessbaby]

Domaining is what you make of it. Where else can one expect to make a 10,000% return on his investment in a relatively short period of time? That said, I have no complaints.

yeah lol, but that was in the 'glory' days...back in the mid 90s with the .Com's

now with these high multiples, it's not that fruitful to say the least

 

[geb9696]

I agree with that developing is the best way to go but I would not say domaining is hard. I would say that it rewards those who are smart and research. There is lots of information available to be able to determine what something is worth. My best example would be LLLL.coms. If you read the thread on Namepros you would have known that they were eventually going to sell out and could have been watching the drop lists and registering domains. In no other market could you have had such a guranteed 100% return on your investment in such a short period of time.

 

[worldstar]

agree. even harder than in the stock market.

 

[EbookLover]

Domaining is not for everyone because you have to do your research and not be lazy.

Sure, the XX,XXX deals and even the X,XXX deals are hard to come by, but you need to focus on the mid to high XX and also the XXX deals. There are plenty of those happening every day. It's mostly all about trends so you have to keep on the "up and up". But, you have to do your research and buy and sell the right domains at the right time. This is not for everyone.

 

[shockie]

it's definitely not as easy as the magazines and newspapers make it out to be, as many newcomers are slowly realizing.

 

[SpongyBob]

Domaining is what you make of it. Where else can one expect to make a 10,000% return on his investment in a relatively short period of time? That said, I have no complaints.

Yeah, but is there really any opportunities like that left for newcomers?

 

[sashas]

Yeah, but is there really any opportunities like that left for newcomers?

there always is...just don't reg any names, buy them
(for the record, I've been doing this about 4.5 months now)

 

[faisj]

Any "real" business is hard.

You have to work hard, make hard choices and make long hours.
But, when you do you have a good return on your investments.

I have been doing this for years now and still enjoying it. (and the income )

 

[SpongyBob]

Any "real" business is hard.

You have to work hard, make hard choices and make long hours.
But, when you do you have a good return on your investments.

I have been doing this for years now and still enjoying it. (and the income )

But are you still finding new domains that you are selling on at a good price? (Or else make good PPC off)

 

[deet]

Any "real" business is hard.

You have to work hard, make hard choices and make long hours.
But, when you do you have a good return on your investments.

I have been doing this for years now and still enjoying it. (and the income )

Very well said, I totally agree.

But are you still finding new domains that you are selling on at a good price? (Or else make good PPC off)

Yes of course, for me atleast.

 

[sashas]

But are you still finding new domains that you are selling on at a good price? (Or else make good PPC off)

no. the most you can earn from hand regs today is low xxx (and that too for an exceptional one) in the reseller market. Obviously if you have much better marketing skills and can sell to end users, you can expect much higher sales.

Thats why I said in my previous post...simply don't register any names if you are a beginner. First explore NP, get a feel for what sells, then either buy here at the Aftermarket (I've seen some amazing LLLL.coms go for really cheap here) or get expired names at Snap.

I'm not saying that hand regging is totally not worth it. It still is. But as a newbie, you're bound to make a lot more mistakes regging new names compared to an experienced domainer

 

[hugegrowth]

picking one domain and developing a good site can be more profitable than standard domaining - as in regging names for resale.

it's hard though because once you get into checking names, you get a lot of ideas and find lots of domains you think have potential, and end up spending your time doing that, thinking you'll develop some later.

I think fresh regging still has potential, there are always some gems out there, new terms, slang, etc. and if you're quick you can get some good ones. When you read about the top domainers, many still hand reg names, and some do it daily.

Buying quality names in the aftermarket can be more lucrative - if you reg a name for $7 and get 100% return, you make another $7. Buy a LLL.com for $5000 and get the same 100% return, you make $5000. As the saying goes, the more money you have, the easier it is to make more of it.

 

[sashas]

Buying quality names in the aftermarket can be more lucrative - if you reg a name for $7 and get 100% return, you make another $7. Buy a LLL.com for $5000 and get the same 100% return, you make $5000. As the saying goes, the more money you have, the easier it is to make more of it.

Thats one of the most important points any newcomer should know...a 100% profit on a $7 name brings just $14 (with $7 in profits).
A 100% profit on a $10000 name brings in $20000. Thats some serious money.

Fresh regging is good, but only if you know what you're doing and your fresh regs form the 'dessert' of your portfolio, not the main course. In other words, fresh regs are good if the rest of your names are able to absorb the financial strain caused by fresh regs.

 

[Alex]

I've been starting domaining this year, with $20 on my card.

But I spent days on Namepros, other forums, Dnjournal, namebio to understand the market. If you look at my first posts here at np, you will realize that they were in the NP$ incentive forum, hoping than in 3 months I will raise enough money to buy a domain.

Then two sales occured from my initial $20 investment and I had $500 at my disposal.

Today, I have 326 domains (yesterday I counted them), had two low $x.xxx sales, and sold more than twenty regfee domains for $xxx.

With such a low investment, I could not have made such a profit anywhere else.

It is just about how well you do your research and how much time you spend.

These days I registered M Y M e n s t r u a t i o n . c o m It was only $7.50. Will I be able to flip it for a profit? I am sure of it.

Patience is needed here, and do appreciate every cent. But I firmly believe that not only in the 90's you could make that big boom. Research for domains, research for market trends, research for potential buyers, and your effort will be well paid.

 

[tpruby]

Newbies, be careful listening to glorious success stories on this board. I believe that there is far more money to be lost, than there is to be made by those who do not tread carefully.

Domaining is in my opinion high risk, high reward. If you want to make money, invest in mutual funds.

Boastful talk about 10000 times profit on initial investment, guaranteed profit on a domain investment, imo is a market that is neither due for a correction or to have its bubble burst.

Think about this, it was mentioned that all you have to do it pay attention and you are guaranteed to make money. Hmmm...the 4 L's are almost gone, horrible letters that mean nothing are left and I wonder once they are gone if anyone will buy qzjv.com.

This is my point, so shortly all the 4L's are gone....it has been suggested that you need only pay attention and read this forum to to see where the next GUARANTEED domain profit lies....that just isn't true. Look around, its already being hotly debated what is next....l-l-l-l, 5L, .in, info, net, org etc....

That seems like the furthest thing from a sure thing that I have ever seen. Guarantees, there are no guarantees and domaining does not offer any guaranteed profit.

If you want to have some fun, potentially hit it big and have a set amount of money you can afford to lose....then try out domaing...

Oh yeah, did I mention that domaining is hard work?

( Something tells me that even Warren Buffet wouldn't be so bold as to say that there is anything in any investment called a sure thing. Sure things and 10000 times profit is usually the talk of poker dens and casino's )

 

[Gene]

ANY worthwhile business is "hard", or everyone would be doing it. But the definition of "hard" changes from one business to another and one person to another. If you don't love what you're doing, it will be considered hard work. If you love what you're doing, even if it's labor-intensive, it's easy.

If domaining is just another business to you or just a way to try to bring in some bucks, you will find it a hard business. But if you wake up in the morning full of ideas and anticipation on what you can do today with domaining, if you love developing websites, if you love seeking out domains that are just what companies are looking for and matching them up, it's not hard at all -- it's a fun way to earn a living.

 

[Alex]

So well explained Gene. Adding some rep.

 

[VisualArtistFrankBonilla]

Research

Domaining is not for everyone because you have to do your research and not be lazy.

Sure, the XX,XXX deals and even the X,XXX deals are hard to come by, but you need to focus on the mid to high XX and also the XXX deals. There are plenty of those happening every day. It's mostly all about trends so you have to keep on the "up and up". But, you have to do your research and buy and sell the right domains at the right time. This is not for everyone.

I agree with Ebook. Research is the key. Lots, and lots of it. It's not easy. You aren't going to spend 10 minutes looking, and then "Hey, I found a $10,000 winner! No matter what, don't rush when you register name. It's hard to do, but wait, give it a day or two, then think about it again. Now decide. Make sure it will be one you are 100% sure it is a good name.
Last advise: Read everything on Namerpros as an assignment. Everyday, for an hour. YOu will learn.

Frank