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How can a Newbie recover from this mistake

Located in Domain Beginners, started by Parmeet, Feb 27, 2021

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  1. Parmeet

    Parmeet Established Member

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    Hi,

    Like most New comers in this industry, I made the same mistake of registering a set of hand-registered domain names. I have registered 40 domain names before joining NamePros and after reading NP for a month I feel that I am in some trouble. I have listed these domain names on each market mentioned on the NP. But since they are Hand Regs I doubt that my decision to buy them. Because Domaining needs a lot of patience, I can hold these domain names for 3-5 years, but I don't know if they really have the Potential.

    How can I overcome this? Should I start outbounding or I should just wait? Should I liquidate them at the end of registration period or Should I renew them all? The biggest question I have is what price should I enlist them? Below are the domains I have registered. Do you see any potential in these domain names?

    PryNow.com
    AttemptNow.com
    BegNow.com
    HeapNow.com
    OweNow.com
    PeelNow.com
    PreferNow.com
    ExamineNow.com
    ForgetNow.com
    CriticizeNow.com
    KetogenicDietMenu.com
    AdmireNow.com
    BurpNow.com
    DetermineNow.com
    DislikeNow.com
    ShutNow.com
    DenyNow.com
    IgnoreNow.com
    ImplyNow.com
    MarinateNow.com
    MentionNow.com
    NarrowNow.com
    SnoreNow.com
    StarTrailPhotography.com
    SwearNow.com
    ChesterfieldCountyRealEstate.com
    DifferNow.com
    ForbidNow.com
    InsistNow.com
    MoanNow.com
    NeglectNow.com
    PortMacquarieRealEstate.com
    QuadrupleNow.com
    RefuseNow.com
    SpecifyNow.com
    WashoeCountyRealEstate.com
    AssumeNow.com
    IntendNow.com
    OvertakeNow.com
    RealestateVsStocks.com
    SupposeNow.com
     
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  2. Parmeet

    Parmeet Established Member

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    Can someone please help me on this.
     
  3. johnn

    johnn WeSellName.com PRO VIP ★★★★★★★★★★

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    Register one more name
    INeedToLearnNow
    and consider the money you paid for these names are the money to pay for the lesson.
    No one can help you but yourself.
    10 people will have 12 different ideas and that would not help but confuse you more.

    See you next year. Hope you will get better.
     
  4. Future Sensors

    Future Sensors 78% of human domainers will be replaced by robots Gold Account

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    Last edited: Feb 27, 2021
  5. Parmeet

    Parmeet Established Member

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    Thanks a lot! That is a really helpful list
     
  6. Bob Hawkes

    Bob Hawkes Top Member NameTalent VIP Gold Account Trusted Blogger

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    Domain name investing is not easy, fast, or assured @Parmeet . A typical portfolio has a retail sell-through rate of about 1%, meaning that with a typical portfolio of 40 odds are there is about 1 chance in 2 that a single name would have sold at the end of one year.

    The link above to popular keywords by @Future Sensors is a useful tool in assessing your domain names.

    I would provide my clear opinion on the following question. No.
    It is almost never good advice to just renew all domain names. Evaluate each domain, being rigorous, and only keep names which you think have a good number of possible end users that would benefit from the name. If you feel that a better name could be acquired, then don't keep that one. I am not saying none of your domain names should be renewed. Just don't renew any without a clear analysis with a positive outcome.

    You may find the following links helpful:

    Welcome to NamePros and best wishes for success. This is not easy, but it can be challenging, interesting, and rewarding.

    Bob
     
    Last edited: Feb 27, 2021
  7. lovely4ever

    lovely4ever Established Member

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    outbounding will not work with meanningless names , specially : SnoreNow.com / BegNow.com !!!
    nobody wish to snore or to start begging !!

    List them at the minimum price on afternic and sedo till the expiry , and try also nameliqidate maybe you will get some luck and sell few !
     
  8. SuperBrander

    SuperBrander Top Contributor VIP

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    The chance of one of these 'Now' domains to sell is 1 in a billion, IMO. None of them makes sense for a business to use. Consider this the price of education. Drop them all, learn more and buy better domains. The few that aren't using the word 'Now'... are slightly better.
     
    Last edited: Feb 27, 2021
  9. Samer

    Samer Top Contributor VIP

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    Not the worst hand reg’s seen in my life;

    Majority are two words

    Submit them to highly selective Brandables marketplace for
    “True test”

    Thank you for sticking to .COM !!
    No hyphen, numbers, or Special characters.
    Better than you give yourself, credit for.
     
    Last edited: Feb 27, 2021
  10. Parmeet

    Parmeet Established Member

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    @Bob Hawkes @Samer Thanks for the response. I keep reading your answers here. You both are always ready to help Newbies like me.
     
  11. TauseefKhan

    TauseefKhan Top Contributor VIP

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    I like when someone bulk registers on a single theme. (here is now which actually is not a strong prefix or suffix) as it increases the chances of sales. But, the keyword has to be strong.

    Another thing is stick to names that businesses may value. One of the most common type of business names I have came across consists of two words. The first is a positive word like best, perfect, strong, etc. And, the second word is the industry or service the business caters to like finance, manufacturing, real-estate, tech, etc. Like StrongFinance, PerfectBuilders, etc.

    Well, there is lot to learn and analyze as rightly said by @Bob Hawkes
     
  12. CraigD

    CraigD Top Contributor VIP

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    PortMacquarieRealEstate//com

    Are you in Australia?
     
  13. Bob Hawkes

    Bob Hawkes Top Member NameTalent VIP Gold Account Trusted Blogger

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    Of the many now in your portfolio, I have an easier time seeing potential end use for ExamineNow.com than most of the others.

    Possible end use might be something like online testing services (increased attention during pandemic), appraisals of documents or collectables, credential around software expertise, background check services, investigation, etc. I have not researched the name enough to say if you should keep it or not, and not looked at comparable past sales, if any, but I can see the logic in the name.

    According to OpenCorporates here are 56 businesses and organizations that use or are alternatively known by a name that includes examine (although none with the word now as well). Now is used with other words a lot though, 20,000+ names on OpenCorporates include now.

    I also looked at NameBio to see how many .com sales have now as a suffix. There were 489, a pretty respectable number. Here is the list organized by price. I might look at the list to find comparators, names that have sold say in the last 5 years, which have a verb + now structure and with the word of comparable suitability and common nature to examine.

    As I said, I have not done the research needed for a renew decision, but if selecting one of your Now names to research more it would be this one. I hope this might help as you research others on your list.

    Bob

    PS Another useful check I just did was a Google search, with quotations, on "examine now". It yields quite a few results, and some of them gave me additional use possibilities I had not considered before, such as home inspection services, for example.
     
    Last edited: Feb 28, 2021
  14. LoodeX

    LoodeX Restricted (15-30%) Gold Account

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    Nothing is promising ...Even your 3-5 years
     
  15. Parmeet

    Parmeet Established Member

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    No, I was thinking to invest in real estate niche specific domains, and this one was one of the top searched globally, so I hand registered it.
     
  16. Mister Funsky

    Mister Funsky Top Contributor VIP

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    Not sure if anyone above said this yet, but the answer is 'no'. There could be a couple that might be worth hanging on to...the rest you should liquidate or drop.

    Don't feel bad, I doubt there is one person here that has not made the same regging error (I've have hand regged MANY bad names over the years) but the key is learning from the experience.

    Stop spending money and spend time reading and learning...successful domain investing takes time.
     
  17. theinvestor

    theinvestor Established Member ★★★★★★★★★★

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    Next year take $400 and buy one domain. Take your time, do your research and then buy.

    It’s better to buy one domain then register 40.

    Best of luck moving forward.
     
  18. alcy

    alcy Top Contributor VIP

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    nobody gets it on first try
    ...even neo...

    domaining takes 1000s hours research and work
    ..then u make profit.
     
  19. Corey

    Corey GDBR. com VIP ★★★★★★★★★★

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    How can a Newbie recover from this mistake?

    Learn from your mistakes

    Cheers
    Corey
     
  20. Parmeet

    Parmeet Established Member

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    I will try to find the end users in the same way. OpenCorporates would be a big help, Thanks for the idea.
     
  21. Bravo Mod Team

    Bravo Mod Team Moderator, NamePros Moderator PRO VIP Gold Account

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    With the growth of telehealth, this one stands out.

    It’s not too uncommon for startups to choose a single word for their app name and then add a filler word to the front or end of it, such as TheExample.com, MyExample.com, ExampleApp.com, etc.

    As far as those are concerned, a “Now” suffix isn’t bad. But typically those startups are looking for inexpensive domains they can buy at registration cost or for a few hundred dollars.

    With a larger portfolio, many of these domains might make sense to keep when playing the numbers, and that’s why you’ll even see worse (less likely to sell soon) domains in larger portfolios. However, when starting out with a smaller portfolio, they don’t make as much sense and most beginners can’t justify their carrying cost when the chance of selling one soon is so low.

    Fortunately, you’re in the right place to learn and with enough perseverance, you will have an opportunity to succeed. :)
     
  22. handpicked

    handpicked Established Member

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    If you know packaging and selling business, MarinateNow.com can be TM'ed and used for selling ready marinate spice mix (quick masala mix formula) - people will not forget this name, even in the midst of husband & wife fight ... :yuck:just a thought.
     
  23. VadimK Iberica

    VadimK Iberica Established Member

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    Bob already mentioned it (with ExamineNow.com), but just to add and generalize - you should always think of the potential business that would want to use certain name. If you can't answer the question -''who'd buy it?'' - don't buy such name. Don't look at how fluid it sounds, it should have an appeal for a certain business.
    And never buy ''negatives'' - DislikeNow, ShutNow, DenyNow...
    Good luck!
     
  24. Mike Goodman

    Mike Goodman Established Member

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    The first question is how long ago did you register them? If it was within, say, the past three or four months you have plenty of time to work out how to get a better idea of each one's value to an end user and form a plan of action for those worth keeping and those you should dump at renewal time (but only do so if you can't get something back on them beforehand).

    It is far easier to learn when you have some actual materials to learn with. The advice to learn for a year or two before buying when you've already bought seems somewhat posthumous to me. Surely the advice should be "if you haven't bought yet don't, and if you have use those purchases as learning materials to great effect".

    If renewal time is much closer there's less time to take stock. Still not a disaster so long as you can pick up, very quickly, how to value a domain name.

    It's good to hear that you are not against direct selling (outbounding). One or two in your list may be worth the effort if you know how to target relevant individuals within prospective purchasing businesses.

    One other question is whether you can develop web sites? You could greatly enhance the values of a small number of those names by building sites and either selling them on as sites instead of as domain names, or generate advertising or sponsorship income and thus a long term income from them.

    So please let us know the answers, especially when you bought them all, and we may be able to offer you a few more options.
     
  25. SuperBrander

    SuperBrander Top Contributor VIP

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    Regarding Examine Now- this specific name at least makes a little more sense than others in the OP's post. However, buying it is still a bad investment because the word 'Examine', which should be the main word in the combo since 'Now' is a filler word, is weak. According to Namebio, there were 4 reported sales ever that start with 'Examine'. One is the sale of examine.com, so that one can be ignored. Here are the other three:

    examinership.com 9,182 USD 2017-04-04 Hitnamer
    examinedlifejournal.com 580 USD 2013-04-23 NameJet
    examines.com 722 USD 2012-02-20 NameJet

    There hasn't been a single reported sale of a two word combo that starts with 'Examine'. So why encourage the OP to keep it by trying to think of possible uses? Possible uses are easy to come up with. But the chances a company will come along and be fixated on this name enough to want to pay even a few hundred bucks for it is almost non-existent. Crazy sales happen, but why invest based on hopes and prayers? Our job as domainers who want to make money is to choose domains that not only sound like they could be used by businesses, but also have a decent probability, preferably a high one, of actually selling to an end user. If people are into betting on extreme long shots and once in a blue moon making a random sale, then good luck and it's their money to lose. But if they actually want to make money out of domaining on a consistent basis, then they should make smart investment decisions.
     
    Last edited: Mar 5, 2021

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