discuss How Is This Possible Mike Mann? Please Share Some!

[Silentptnr]

I just read an article to today and I really don't have any idea how it is possible... I applaud these sales, but I just can't seem to get my brain around how these types of names are selling for this kind of money.

Congrats Mr. Mann!

 

[DnEbook]

I don't do much outbound to be honest but as I say some folk don't even know what a domain name is so why wouldn't you offer additional information, the theory is sound as far as I am concerned

 

[donnied79]

Same old story. He plays a numbers games where he MUST make this kind of sales to make a profit at the end of the year.
There should be a thread every month with "Mike Mann spent 200K on renewals this month, how is it possible? I spend only 100$".
This doesn't mean MM isn't a superstar, he has done this for a long time and he knows what he does, but without this kind of sales he would be broke in 2 months.

 

[Hootsifer]

Mikes got a huge amount needed for renewals but his sales speak for themselves. He's doing something right.

 

[DnEbook]

I think the real interest is how he identifies longtail business names and finds the best "owner"

 

[Hootsifer]

Yeah he does sell alot of three word domains.

 

[DnEbook]

Perhaps he has a script, because if you think about the time to track down all potential buyers it would be very time consuming

 

[DnEbook]

So from little background, you can see that

WaveWholesale.com - According to whois it was bought by wavebroadband.com which is an Internet and Cable Operator that merged with RCN (so 10K is pennies for them).

SaltandPepperHome.com - Salt&Pepper is Fashion For Your Home. 100k followers on FB | 33k on Instagram.

Maybe not the best choices for these businesses, but he bought these knowing their real value. And to buy them at $20 a pop that some sweet deals. Congratz Mike Mann.

I think he knew that saltandpepperhome had the .com.au and would need the .com to succeed if seeking to expand worldwide, the question is how does he get this info

 

[Jennny]

Simple.

If you have the resources or just the knowledge, you can query the registries for the possible .coms that are dropping, or just look on a list of dropping lists and compare these to ccTLDs and other gTLDs.

So all you need to do is to query around 20 TLDs or less. Now, a little check and you can see that .de, .com.au, .co.uk, .eu, .at, .ch, .be, and .nl are registered. Only .com.au, and .eu point to the actual company's website, and the .eu was reged back on Nov-2011.

So essentially, you need to connect the dots that a .com for this company will be pretty much valuable.

 

[DnEbook]

Simple but time consuming, he may have help doing this

 

[Jennny]

Well of course. He's a domainer with hundreds of thousands of domains. And if I'm not mistaken, he has a company or two. As I said, resources. This is the same way drop catchers operate most likely. They have the resources to check 100k+ domains a day and deduct which are valuable.

Also, if you have the knowledge you can build these kind of tools journal, which is time consuming but will be worth your time. If you don't have the skill, but some cash you willing to spend on tools that already exist to make this research feasible, you make this process easier.

Most people coming to this business (and it is a business) with the mindset that "I'll register this random domain for $10 and make a gold pot within a year." But, this tactic just doesn't work. You have to put some skill, brains, and / or money before you start investing.

 

[andyred]

He could work hand in hand with sedo, where I saw he sells a lot. sedo has a lot to gain as well from mike's advertisments, so it's easy to arrange a "sold" domain, this way the rest of us are encouraged to pay for their inflated fees in order to promote the domains we list, all working on the principle if mike could why couldn't we.
His name itself could not sell a domain with 10-20 times the actual value.
There is a saying: when something looks too good to be true then it's not.