NameSilo

Hand Reg Stratagies

Labeled as strategy in Domain Buying and Domain Purchases started by ThatNameGuy, Sep 14, 2018.

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  1. Joe Nichols

    Joe Nichols Common sense consultant VIP

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    Rich, I'm just trying to have a discussion to better understand your methods, but you seem intent on dodging my questions. Why start a thread aimed at discussing strategy if you're not prepared to have your own strategies discussed and challenged?

    I understand the concept of defensive registrations, but typically those are used by existing companies to protect their brands and help to control online competition. I'm just not sure how they apply here since there doesn't appear to be any existing business built around melons and cannabis as a primary offering.
     
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  2. ThatNameGuy

    ThatNameGuy Restricted Gold Account

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    I haven't dodged your questions/challenges Joe...you just haven't been listening. I've shared with you dozens of times my strategy, and it must have gone over your head. Sorry if I don't fit the "mold" of a typical domainer like you, but that's not my style. You know my style (a lot like the President of the US Donald J. Trump), what you see is what you get. btw, I didn't vote for the man, but if I had it to do over, I would.

    The only thing you're waiting to hear from me is whether or not I've been successful at my strategy and my endeavors. I'm sure you've heard the expression "when life gives you lemons, make lemonade" In the case of "melons", it's because of my research and experience I can proudly say, when life gives you melons, make money. Just because most people/domainers don't know how to make lemonade when they're given lemons doesn't mean I don't know how to make money when life gives me melons.Will I be right 100% of the time? 50% of the time? 20% of the time? or none of the time? I don't know Joe, but I do know I'm good with names having proven it over a lifetime. And btw, according to other NamePros members I'm getting better, much to the chagrin of my critics. I'm also pretty good at business and marketing having proven it over a lifetime. Sure I toot my own horn, but at least I have a horn to toot:xf.wink:

    Joe..."Words are Critical"....do you know who said that? I find it very interesting that 100 people can read the last paragraph I just wrote resulting in 100 different interpretations. Life really is a bowl of cherries, or is that a bunch of melons, or simply a glass of lemonade. It's your call Joe!
     
  3. Bob Hawkes

    Bob Hawkes formerly MetBob NameTalent VIP

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    I think the idea of defensive hand registrations is an important topic. It's one I don't have a clear view on myself.

    On the one hand, it seems if you hand register a term, and leave available an almost as good extension in the same term, it will be very hard to sell your name. On the other hand, with some terms the number of almost as good is large, and you would be spending a lot to protect the name, especially at renewal time. Maybe it is best just to take the best term, emphasize quality, and let others try to compete with the not quite as good terms.

    I am, I think, about to register a term (please accept I don't want to lis it publicly until I actually do!). In this case it is not the extension, that in my mind there is one that is perfect, but rather there are two almost equally good terms. My plan I think is to register both simultaneously, and then try to sell them as a package so an end user can direct one to the other and cover both bases. Has anyone had success selling related ngTLDs as a package?

    Thanks for the thread and all the discussion. And Happy Thanksgiving!

    Bob
     
  4. ThatNameGuy

    ThatNameGuy Restricted Gold Account

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    Thanks Bob...registering like/kind domains while considered by some domainers as a "defensive" move, it may also be considered an "alternative" move or "diversification". While I've been away from registering nTLD's, I discovered early on if I registered a name like speed.boats, it only made sense to reg speedboats.com if that were available. Even one of my biggest critics from down under agreed with that strategy.

    I own what I refer to as "mini" portfolios that have anywhere from 2, to as many as 20 like/kind domains. For example, I own about a dozen "leaf" domains, a few of which I've been told are ok. Owning more than one like/kind domain provides the owner options like the 'ol sales strategy "buy one get one free" "buy any additonal domains at 50% off". Bob, you may want to check out Leafurl from the Marijuana/Cannabis thread. I think he either has sold some mini portfolios in the "leaf" field, or he plans to. I hope that by this time next year I can share with you privately my success in this area. Thanks again.
     
  5. Bob Hawkes

    Bob Hawkes formerly MetBob NameTalent VIP

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    Thanks @Bulloney and @Joe Nichols for comments re defensive strategies. Of course the conventional sense is protecting established brands, as @Joe Nichols indicated, but I was meaning its use in protecting names even though not currently used. While other terms, like alternative as @Bulloney suggests or protective registrations, could be used to prevent confusion. I don't really like diversification, as that means something different in both conventional and domain investing to me. Anyway, in future I will probably refer to it as alternative or protective registrations. Whatever we call it, I think most of us face the issue.

    In a more general way there has been some discussion re what the bounds of the thread are. To me, a hand reg strategy would include all of the following:
    1. How do you get ideas for possible registrations?
    2. How do you evaluate those ideas?
    3. What should a portfolio look like? (issues like diversification, niches, protective registrations, etc.)
    4. What approaches are most likely to be successful with hand regs in terms of inbound/outbound and innovative marketing/promotion ideas?
    5. It will be like comparing apples and oranges, but overall, how do hand reg approaches compare to other buy/sell strategies in terms of effective ROI.
    Have a great day everyone!

    Bob
     
  6. Kate

    Kate Domainosaurus Rex VIP ★★★★★★★★★★

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    It goes without saying, diversification is good but it has to be healthy.
    If you only diversify in crap, there is no benefit.
     
  7. Bob Hawkes

    Bob Hawkes formerly MetBob NameTalent VIP

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    True, although crap has sold quite well! The word has sold 154 times, so clearly diversification in crap makes sense! https://namebio.com/?s==AjN0IDM5gTM

    Just trying to add some levity, @Kate. I do realize that was not quite what you meant.

    ps While agreeing that it has to be healthy diversification, I would also add that imho this is an inexact science and it is really hard to predict what will sell in the next few yeas and at what price.
     
    Last edited: Oct 8, 2018
  8. .X.

    .X. NameFeature.com Gold Account VIP ★★★★★★★★★★

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    There is a lot of skill involved in hand Reg. I found that brainstorming although effective, is very - very time consuming and can lead to many costly errors in your final decision making process, all the name spinner sites are effective , but you are spinning one keyword at a time, Impossibility.com offers the best quality I have ever used.

    My script was the answer to my hand reg problems, although it cost me a lot of money to have made, it has paid for itself time and time again, I can run 15 different keywords at once, once all my results come in, I can run the names that I like for TM with it, then the rest is is up to me, rather I reg them or not.

    Being vigilant in what a person reg is the most important IMO, I research the strength of the niche, I research the longevity of the niche, and also I make a educated decision on what my hold time will be before a possible sale may take place with the names.

    I know I am very minority in the industry being a hand regger, so competition is not a big issue, but how many years I might need to hold the domain , will I develop the name and do on.
     
    Last edited: Oct 8, 2018
  9. ThatNameGuy

    ThatNameGuy Restricted Gold Account

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    Thanks John and Bob....apparently I'm the expert in registering "crap" domains, at least according to the real pro's and experts who lurk this thread:xf.wink:

    I just hand reg'd RxMellow (see Your Reg of the Day) after reading this post by Super https://www.namepros.com/threads/sh...cannabis-domains.777011/page-518#post-6928228

    My point is, sometimes I never know exactly where my next crappy domain will come from. If Kenny hadn't posted about the "mellowest" topic for discussion I would have never thought of RxMellow. What I'm curious about is whether or not this is a true crappy domain? What do you think Bob...does it beat RxCrap:xf.rolleyes:
     
    Last edited: Oct 9, 2018
  10. Criterion811

    Criterion811 CardanoExchange.com - For Sale, PMs Welcome

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    I love handregs, but I agree with others in this thread and it takes some creativity. There's great ones out there. They don't sell for as much as aged domains obviously (in most cases), but if you can buy for $6-10 and flip for $200 then hey, that's good to me.

    Some examples I've registered and sold this year:

    BanishBalding (dot) com
    VeganEats (dot) co uk

    They're out there!
     
  11. .X.

    .X. NameFeature.com Gold Account VIP ★★★★★★★★★★

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    Nice hand reggies, Yeah, I definitely don't do it for the money, It takes time to get my hand reg names some age, renewals come and go, some i have over $100 in renewal fees in some of my names, as the years have gone by, some i let drop, some i sell over time, the ones i let drop most usually end up at NameJet, and other auction houses, i have seen several of my hand reg names sell for good money through the years at the auction house.

    I have been asked SO many times why i do it, the simple answer is, i really-really enjoy spinning up names, i have been scrutinized through the years for hand regging, I am good with that, that goes with the territory so to speak, but i do what i like, I run my own ship, i don't follow the herd, I do what i do in the domain industry on my terms, that is why i am still in the industry today, Because i still enjoy domaining, and i also enjoy watching my friends prosper in the industry.
     
    Last edited: Oct 14, 2018
  12. Bob Hawkes

    Bob Hawkes formerly MetBob NameTalent VIP

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    I agree entirely with your views @.X. and @Criterion811! More work, but more creative! If I was in it for money (which I am not), I would probably go the conventional route of drop/low cost auction com, but I find so much more creative possibilities looking more broadly at extensions and hand reg. For me also I like that I can have enough of a portfolio that my website will seem not just a scattered few names, without investing much money at any one time. I love to see a name I "created" go into use on a real website - not many times yet, but that is the pleasure I really get out of it.

    Bob
     
  13. .X.

    .X. NameFeature.com Gold Account VIP ★★★★★★★★★★

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    I buy names that i like, here at NPs, and the auction houses, I sell very few names a year overall, I get offers weekly on many of the 600+ names i currently own, But they most usually aren't offering the price i would be happy with accepting. I will go off the last 3 months, I have sold 11 names, zero of the sales were to domainers, I don't post my sales, well i did one here recently, just as an example, but i have no need to post any sales. But i regged and bought over 100. I have to replace anything i sell, It is a pycholigical thing with me LOL

    At the end of the day though, running my spinner script and parsing for that catch, is what makes me the most happy. So hand reggies are what rock my world.
     
    Last edited: Oct 14, 2018
  14. Bob Hawkes

    Bob Hawkes formerly MetBob NameTalent VIP

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    I think a new name is definitely in order, @Bulloney, although not sure I am that keen personally on originator. I like domain name artist. It stresses the creative side, an artist may create almost exclusively but also may reuse elements from previous creations (since @Joe Nichols raises a valid point) and certainly may be influenced by the style of other artists.

    I am glad the storm did not (I trust) do too much damage for you personally @Bulloney, and hope that things are back to normal.

    Bob (aka Domain Name Artist :xf.smile:)
     
  15. ThatNameGuy

    ThatNameGuy Restricted Gold Account

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    Elad n, a good ROI is around 15%, and I'm projecting 30-50% based on my business model and my experience. I'm still seeking investors. The investors I do have know me, and know what I'm capable of accomplishing. This is still somewhat new to me, but I can assure you it's not rocket science.

    I know you're not one of my fans, but I would like to thank you and other critics who motivate me to be all I can be:xf.wink: Thanks again!
     
  16. ben pedri

    ben pedri Top Member VIP

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    You have mastered ,nothing these are really ,crappy domains ,whos gonna buy this from you?
     
  17. ThatNameGuy

    ThatNameGuy Restricted Gold Account

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    You could use a little help with your punctuation there Ben. I'm not sure what's crappier, your punctuation or my domain originations:xf.grin:
     
  18. Bob Hawkes

    Bob Hawkes formerly MetBob NameTalent VIP

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    No not me; I see a number in the genre already registered. I am considering one or two, but will probably wait until the Namecheap birthday sale starts in a few days (you know me and pinching pennies!:xf.laugh:) as I have money sitting in my account there from my last sale so it does not seem like real money i am spending :xf.wink:. I still have some research to do re prior sales and what is listed for sale already too and TM of course.

    ...but in case anyone feels it is rocket science, could I point out I own ballistic in the space extension and would be happy to part with it for a down to earth price! :xf.grin:

    I hope that people will visit Canada not for that reason, but because it is a beautiful and incredible (see how I slipped that word in? :xf.smile:) country, unspoiled scenery from coast to coast to coast, a hiking trail that literally connects our entire country (a few paddling parts in it), interesting and diverse cities, many cultures and traditions, fantastic music, and a generous and welcoming people.

    Have a great day, and glad you weathered the storm.

    Bob
     
  19. Joe Nichols

    Joe Nichols Common sense consultant VIP

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    Amen brother!

    @Bulloney - Glad to here you and yours are safe amidst all the weather down your way.
     
  20. MapleDots

    MapleDots Domain Properties 2010 - 2019 VIP

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    There is no right and wrong here there is only the end result that matters.

    If you buy 100 domains you should move 2-3 of them and you will if you do it well. Does not matter if you hand reg them or buy them at auction. If you buy 1000 you should target between 10-30 sold domains.

    The big question here is how do you decide what to drop from your catalogue? You have to make the right decision and that is where stats come in. I use google analytics on my lander and all my domains land on the main lander. At the end of the day I can see who landed where. When renewal time comes I do a 1 year analytical and see how much traffic each domain brought. No visitors and out it goes, in most cases I cannot get attached to an under producing domain.

    So when you buy them on sale at a few bucks you have to decide which ones are worth the money to retain at renewal time. Then before I decide on the final drop I will check to see if any of my domains have a trending word in them as well. If they do then I might give them a years reprieve.

    The other thing is when looking at a niche you have to be realistic and ask how big is the niche. Crypto and cannabis is quite big but everybody and their uncle is in them. Chose carefully because mellons are two small a niche but gold might be a larger niche.

    That said I think gold and gold related domains will spike back when currencies nosedive so I have been thinking about buying up some nice gold domains. It's always a gamble and you have to hit the right time, you have to have your spreadsheet made well in advance and when you see gold trend you go in and register whatever you still can from your list. The object is to hit it on the upswing, you don't want to be a part of it on the slide down.

    My current strategy revolves around purchasing one word .ca & .com's and I stick to that exclusively now but you need cold hard cash to buy those. I buy the ones where you cannot possibly go wrong on resale. I will hold them a few years and sell them at the right time. I pay good money for them but I'm a firm believer one word domains have no place to go but up.
     
    Last edited: Oct 15, 2018
  21. Bob Hawkes

    Bob Hawkes formerly MetBob NameTalent VIP

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    A lot to think about in the sage advice from @MapleDots. Clearly you take a very logical and critical look at the analytics for each name. I wonder, do you also look at sales in the year outside your portfolio? Lets say you have a word in .ca. Someone else sells that word or a closely related one in .com or .net or .org or even something else like .co or .io. Even if the analytics were weak on your .ca, do you take that into consideration, in the same way you do trending words, in giving a reprieve?

    The other thing from your post was gold. I must admit, I had not even considered that as a niche. So should we see a major economic downturn in stocks and perhaps bonds too, and people turn to gold for protection of principal, you see gold domain names as possibly doing well? Canada has a lot of gold mining companies, so I guess it is an indirect effect that gold companies and venture capital outfits would be the ones looking for names when gold is strong.

    I think single word makes so much sense when you can manage it. Any 2 or more word automatically will have competition from equally or almost equally good other options.

    Thanks again for a thought provoking piece, @MapleDots.

    Bob
     
  22. ThatNameGuy

    ThatNameGuy Restricted Gold Account

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    Thanks MapleDots....you are correct when you say, "There is no right and wrong here there is only the end result that matters." Lets assume for a moment that at the end of this year I own a portfolio of 1,000 industry specific domains after I've culled the weak from the "not so weak". Furthermore, the thousand domains grouped into five different industries; healthcare, finance, sports and entertainment, common niche first word domains like; "IncredibleHigh" and "IncredibleFlorida", and Marijuana/Cannabis/CBD/Hemp etc. domains. btw MapleDots, my "melon" domains are a niche within my Marijuana/Canabis niche and only consists of six names, CannaMelon, CBDMelon, MelonFusion, MelonHigh, MelonSpirits and RxMelon. Another btw Mapledots, "melon" is spelled with one "L" and not two. I made the same mistake at first, but when I discovered the correct spelling and learned about all the different melons and melon drinks infused with CBD, I just had to own a few melon domains. I'm sure the same sort of thing is true for Gold domains as well....think "fake or counterfeit gold"

    Moving on...now we come to marketing strategy. MapleDots, this is where you and I differ. I'm not about to list my domains at the likes of Sedo, Afternic, Undeveloped etc, and hope and pray they can sell enough of my domains to "end users" to get the kind of ROI I think I can get for myself. And this isn't to say I won't list my domains with them because it makes sense to do so "if" you have the time. One thing I haven't heard on NamePros, or from any of my friends, is exactly how they sell your domains? I can only assume they employ the same sort of strategy that I intend to employ. I understand they have individual sales people who have contacts and sources that will buy names from them. Maybe advertising firms, developers, industry leaders and trade associations?

    Personally, I feel it's stupid business not to have a back up sales strategy, especially when you know sales and marketing is one of your strengths. In addition to my industry trade show strategy, I'm also looking at business lawyers from around the country, and advertising firms to help me sell domains. And similar to the real estate broker and salesperson split, it would be 30 -40% for the salesperson and 60-70% for me. This might not make sense to you MapleDots, but it makes perfect sense to me.

    I'll be 71 years young on Saturday, and there's still a lot of life left in my body and my brain:xf.wink: Besides sales and marketing being a strength, determination to succeed is at my very core.

    That's all I got for now MapleDots...time for me to take some SleepSeeds, and get a real good nights sleep. If they work, I'll reg it in the morning.

    sleep seeds.jpg
     
    Last edited: Oct 15, 2018
  23. MapleDots

    MapleDots Domain Properties 2010 - 2019 VIP

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    Like I said, no right and no wrong way, I'm glad we are different and I am glad I can toss in a word of advice on occasion. (y)

    Again whatever works makes the most sense, if you can cover your costs and at least make a small profit then kudos to you.

    I do have to throw in one more comment.

    It took me 4-5 years of domaining to start and show a good steady profit stream. I remember writing off losses thinking wow thats a big chunk of change. Luckily for me I had a number of business incomes and I was looking for writedowns so buying assets was a good strategy for me.

    Most businesses fail in the first 5 years and domaining is no different, I always tell the newer guys to expect losses in the first few years. It is only the lucky or the extremely talented that are a success right from the get go.
     
  24. ThatNameGuy

    ThatNameGuy Restricted Gold Account

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    MapleDots...thanks again for your response. I come from industries where if you can't turn a profit in the first year or two you should shutter your doors. It appears you have carved out your own niche in the domain industry and you're pretty good at it....Congratulations! However, like you and I have agreed, there's more than one way to succeed in this industry, and there are probably as many ways to fail.

    The business of buying and selling domains for profit is a very low level entry business. It cost less than $1,000 to purchase an inventory/portfolio of names that appraise for well over 100K. Frankly, despite what you and I think about appraisals or valuations, there's something very intriguing about that. I'll also agree from my experience in other industries, if you buy "crap" it remains crap. I'll have to admit that the first 100 domains I bought while learning this business were crap, but I also know the last 100 names I've bought are at least one or maybe two "grades" above crap:xf.wink:

    Most entrepreneurs I know pay little attention to the fact that it may take "4-5 years of domaining to start a good steady profit stream". I know I don't, and that philosophy has served me well throughout the years.
    I wouldn't dare tell a newbie to "expect losses the first few years". I don't believe in luck either, however I do believe you create your own luck. That said however, I do believe you need "some" talent in the area of originating better crap than the herd, and "some" talent in the area of sales and marketing. I'll also add that you need to be having fun doing what you're doing. If you're not having fun doing this, I don't think you're cut out for it:xf.frown:

    There is one question you can address for me MapleDots...when I look at Namebio and see where the likes of Uniregistry, Sedo, NameJet etc.are selling the kinds of domains you invest in, how do they do it? Do you know? I can only speculate, but I do have some ideas about how they do it. If there is anyone out there reading this and would like to share how Sedo or Uniregistry etc. sell domains I would appreciate your sharing. Thanks,

    And just one more question MapleDots, I noticed you didn't comment on my mini niche portfolio of just six "melon" domains; CannaMelon, CBDMelon, MelonFusion, MelonHigh, MelonSpirits and RxMelon. Since you were the one who brought it up, I would appreciate your comments. Again, thanks in advance for your commentary.
     
  25. MapleDots

    MapleDots Domain Properties 2010 - 2019 VIP

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    The reason I don't comment on it is because I actually started domaining in 2002 and did it to about 2008 before I stopped. So many other domainers were trying to talk me out of my Maple niche that I gave up most of my domains. I had a couple of good deals on the stuff I had left and was back in full force by 2010. I ran under MapleOne, then MapleDomains and finally MapleDots.

    Today I laugh at everyone who says a niche does not work because I have a good steady income from mine but I guess it has taken about 16 years to get to where it is.

    The thing about niche domains is..... you've got to know your art. I know mine and I can talk all about it but I don't know yours. Could I apply your niche to my business.... probably not because it has taken me 16 years to build mine and quite honestly in another 16 years I intend to be sitting on an island somewhere. :xf.laugh::xf.laugh::xf.laugh:

    My motto is to learn from all the experience on namepros but I have a GOLDEN rule and that is I NEVER NEVER make fun of anyone's portfolio because for some people it is their livelihood or a last kick at the can. I think there is enough room in the industry for .com and then a few other TLDs to pick up the scraps. Now that may sound bad but imagine apple and then some of the other phone companies. What Apple would consider scraps makes a pretty decent living for someone else.

    So yes I did not comment on your portfolio directly because I am not qualified to do so. I admit that, I have mostly .ca with a number of .com's and the odd .org & .net. If you had a .ca I would probably be one of the most qualified people on the board to help you. A .com yup I have done well with them but because I have not dealt with other TLD'd I had better be quiet.

    As far as your .com's go? If you have enough of them you will eventually make a few sales. Again there is no right and wrong, I see top domainers registering junk and I see newbies coming up with interesting ideas. Most old school domainers picked up their portfolio a long time ago and they were NEVER as creative as some of today's newer domainers. I admit that I see some new registrations where I say "why did I not think of that?"

    Lastly.... there is some animosity on the board because people have hundreds of thousands of dollars invested and the new TLD's are making a bit of headwind and no matter how much bitching and complaining the Rick Schwartzes of the world do the new TLDs are not going away, a number of them will survive and thrive. They will never be .coms but by now you know my opinion of table scraps.
     

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