guide For Newbies Only

[johnn]

Just want to share mistakes that Newbies normally make from my experience - Do not attack.

1. Spend time to read before buying any name
2. Cheap names are not good - Good names are not cheap
3. Stay away from Trade Mark names: Apple, Toyota, Dell, etc...
4. Ignore any Appraisal. They mean nothing - The price is set when there is an agreement between Buyer/Seller. You can sell the same name for small company for $1,000 and big company for $100,000
5. Stay away from cc/tld name - Focus on .com only
6. Understand what is a dictionary word. Adverb or adjective is not a word
7. Any sale information from the past does not guarantee the sale price in the future
8. Buy names from Forum and list them somewhere (Afternic, Sedo, etc...) You will have a hard time to sell names here as everyone here is looking for a bargain (They claimed they are Resellers).
9. You need to have money to invest before starting. You just waste your time if you only have $10 or $20. Don't expect to buy something for $10 and turn around and sell them for $1,000 - It may happen if you have experience but the chance is 1/1,000
10. AND THE NUMBER ONE MISTAKE even OldTimer Make is putting 2 Words together. It may sound good but it worth NOTHING. Ex: CasinoHusband, PlasticMoon, PaperCoin, etc...

There are many more but these are the common mistakes.

Good Luck.

Next: *** For Newbies Only #2 ***

 

[mobilespecialists]

Regarding #5:

1 - if You come from the country of the ccTLD it would not apply generally. A good ccTLD from a country where You know the sound in native language might sale good. Especially in bigger countries.
2 - there are exceptions from this - for example me I started with ccTLD and am happy with this.

Would change #5 to "as a beginner focus rather on COM than ccTLD, especially if its not your country TLD" . Else it sounds that ccTLD is generally bad, but for experienced traders and niche trade it might be an interesting option

Just my point of view to this matters

 

[Domatello]

10. AND THE NUMBER ONE MISTAKE even OldTimer Make is putting 2 Words together. It may sound good but it worth NOTHING. Ex: CasinoHusband, PlasticMoon, PaperCoin, etc...

Looking at companies like Brandpa, Squadhelp, BrandBucket, etc. it seems to me like they just mashed 2 dictionary words together and put it on the market for $$$$. I know sales are rare but they're still in business with thousands of names registered. So is there any reliable method to determine if a name is brandable?

 

[Prabodh]

thank you for this amazing information.

 

[A.A.V]

Looking at companies like Brandpa, Squadhelp, BrandBucket, etc. it seems to me like they just mashed 2 dictionary words together and put it on the market for $$$$. I know sales are rare but they're still in business with thousands of names registered. So is there any reliable method to determine if a name is brandable?

There is no reliable method as such to determine if a name is brandable. We just have to use our logic. Short names (LLL.com or LLLL.com) with one or two syllables that would look great or cool if someone started a business with that name.

 

[vivadh]

Best mantras for starters, thanks @johnn.
All points made by others are for those who are not newbies and have some decent experience. I started recently and hope to get some sales.

 

[Bill Jenson]

I have found using "-" is really bad and have found that puting 2 words together is better

 

[lock]

I only ever see good information from @johnn

 

[gold lover]

sincere thanks from a newbie here

 

[Paula-Maree]

Right on the money there! Thanks for the guide....

 

[atitebirahman]

Thanks all..............new here, and learning

 

[Namebie]

I was looking for this thread, thank you.

 

[jiy k]

Thank You for Guidance

 

[alop]

Hey I like PaperCoin lol

 

[Rabiul Tanmoy]

Just want to share mistakes that Newbies normally make from my experience - Do not attack.

1. Spend time to read before buying any name
2. Cheap names are not good - Good names are not cheap
3. Stay away from Trade Mark names: Apple, Toyota, Dell, etc...
4. Ignore any Appraisal. They mean nothing - The price is set when there is an agreement between Buyer/Seller. You can sell the same name for small company for $1,000 and big company for $100,000
5. Stay away from cc/tld name - Focus on .com only
6. Understand what is a dictionary word. Adverb or adjective is not a word
7. Any sale information from the past does not guarantee the sale price in the future
8. Buy names from Forum and list them somewhere (Afternic, Sedo, etc...) You will have a hard time to sell names here as everyone here is looking for a bargain (They claimed they are Resellers).
9. You need to have money to invest before starting. You just waste your time if you only have $10 or $20. Don't expect to buy something for $10 and turn around and sell them for $1,000 - It may happen if you have experience but the chance is 1/1,000
10. AND THE NUMBER ONE MISTAKE even OldTimer Make is putting 2 words together. It may sound good but it worth NOTHING. Ex: CasinoHusband, PlasticMoon, PaperCoin, etc...

There are many more but these are the common mistakes.

Good Luck.

Thanks a lot. The tips are really good and informative.

 

[DuDD]

I have found using "-" is really bad and have found that puting 2 words together is better

YES，That's true
"-" also reduces the value of the domain name

 

[Akhilesh.Kumar]

Thanks a lot.
That's a great advice and a healthy discussion. Overall a great learning for me.

 

[kevinspec]

I am new here

Is it okay to buy fresh domains ?

2 word domains, why is it not good ?

 

[vivadh]

I am new here

Is it okay to buy fresh domains ?

2 word domains, why is it not good ?

All domains are good if :-

• They have meaning.
• They have Commercial Use.

As a new guy, I suggest you to read for the next 2 months about the good and bad domains and buy your first domain.

Thank You

 

[Hatchan]

Thank you for sharing.

I come from Italy and I can tell you that, in my country, .it domains are the most common ones, but also I understand that this is a local rule and, for worldwide sells, .com are definitely better.

 

[Akhilesh.Kumar]

Thank you for sharing.

I come from Italy and I can tell you that, in my country, .it domains are the most common ones, but also I understand that this is a local rule and, for worldwide sells, .com are definitely better.

I am from India and local extension here is .in
I find extreme catchy and meaningful short expired names for .in which are left unclaimed for several days and weeks. Had the same names been available for .com, it would have been auctioned at SnapNames for over $1000 to be added to someone's portfolio, leave along the retail cost.
That helps me feel the power of .com.
For now as a newbie, I remain away from .in regardless the fact its my local.