Epik

How long to wait for end user.

Located in General Domain Discussion started by Umesh1, Jun 5, 2018.

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  1. Umesh1

    Umesh1 Established Member

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    Hello
    guys


    I am thinking today, that suppose i hand reg. domain name ABCDE.com, but when there is a possibility of some company or individual, want that domain, how long i have to wait for this.

    As i have seen many experts say that, no body knows when the end user will come to you, it may be today, or they may come after years, or maybe not.
    Anybody who is interested, in naming his company, will be come to you..

    So its looks like there is very less chances that end user will come to us. so why we are booking brandable domains here.
    So i am very confused here :banghead::banghead::banghead::banghead:, in buying a domain name, no matter of it is brand able or keyword domain, how much i have to wait.


    Plz suggest , what is the actual thing here i have to do.
    and sorry for my bad english
    thx
     
    Last edited: Jun 5, 2018
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  2. Crysis

    Crysis Established Member

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    You have answered your own question below:

     
  3. biggie

    biggie Top Member VIP ★★★★★★★★★★

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    you may have to wait, for longer than you think you would have to wait...depending on the "actual domain name" that you are waiting for the "right buyer" to come along and purchase.

    and..., even if they do make an offer and you counter offer, you may have to wait some more, before they respond.

    https://www.namepros.com/threads/co...user-how-long-do-i-wait.1072298/#post-6747074

    waiting, and having patience, is part of the game, but it's always about the specific domain name.

    imo.....
     
  4. gilescoley

    gilescoley Top Member PRO VIP ★★★★★★★★★★

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    Dont wait for a buyer to come to you!! thats why new domainers sit for years paying renewals on the same domains which end up expiring anyway

    You have to go and find buyers unless you have premium domains.
     
  5. NameSplice

    NameSplice Established Member

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    I don't believe anyone can tell you how long you have to wait. It is like you said in your post, they may never come. Depending on your name and if you have possible end users for the name.
    How long you want to pay the renewals for and wait it out depends on you.
    You may have to try outbound but be careful of TM and you may not get as much for the name as you wanted.

    If you hand reg ABCDE .COM and they can easily hand reg ABCDEF .COM they may go with the alternative because it is cheaper. Who knows?
    Quality sells and that is proven.
    Research is key.:xf.wink:

    Like one member told me here " welcome to the lottery, good luck" :xf.smile:
     
  6. Crysis

    Crysis Established Member

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  7. Umesh1

    Umesh1 Established Member

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    thx brother, for ur grt reply, i will keep that in mind.
     
  8. Umesh1

    Umesh1 Established Member

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    yes yes, this is what i am thinking, about ABCDEF.com, if they buy this, then our full money and time is wasted here, how to make passive income with this, according to your expertise.

    bcse at the end we need money for daily need, we need food tody, not after yearrs. hehehehe:ROFL::ROFL::ROFL:

    thx
     
  9. NameSplice

    NameSplice Established Member

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    Sorry brother I'm no expert.
    Just trying to give helpful information of what I have learned here on NamePros :xf.smile:

    And if depending on this for money today
    It may be the wrong industry you in my friend.:xf.wink:
     
  10. wayne wooldridge

    wayne wooldridge Interception VIP

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    You're assuming though that there is only one end-user.

    Suppose, for this exercise, that now both abcde and abcdef are taken. But, someone really wants abcde. Abcdef is probably cheaper, but now the buyer still has to negotiate for their second-choice domain; or settle for abcdefg.

    If they have deep pockets, naturally they will first try to pony up enough money to acquire abcde, which is a win for that guy, since he's the one holding the cards.

    The second-choice domain holder has to either hold the domain longer, or cut his projected earnings short to make a sale with a much tighter profit margin.

    You have to ask yourself, which do you want to be? A short-sale domainer with low profits to make quick sales? Or the guy who can afford to say no and wait for the price he wants. (Neither is necessarily wrong. Most new domainers start out as the first guy. If they are lucky, they at least break even or turn a small profit. You have to start somewhere.)
     
    Last edited: Jun 5, 2018
  11. Crysis

    Crysis Established Member

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    The below tip is taken from DomainGang.com. I think it's very relevant to your current situation.


    Source: https://domaingang.com/famous-domai...dvice-for-newbies-entering-the-domain-market/
     
  12. biggie

    biggie Top Member VIP ★★★★★★★★★★

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    Hi
    also important to consider

    you're not necessarily waiting on an "end-user", per se`, because you never know it's an end-user, until they end use it.

    basically, you're waiting on someone who will offer the amount, that you're willing to sell the domain name for.

    like if I catch a backorder for $69 and maybe have to renew it 3 years before I accept a $1,500 offer for it.

    being that renewal costs + acquisition costs is still less than $100 for that period,
    then that return on investment averages more than $400 for each year the domain was held before being sold.

    so, in that cents, if price is right, take it and move on to next one.

    imo...
     
  13. urlurl

    urlurl Active Member VIP

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    i have sold;

    some names after a few months or a year

    some after 3 - 4 years

    and some 7 - 10 years later

    and some im still waiting for the right buyer
     
  14. Umesh1

    Umesh1 Established Member

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    yes, i will do the same, as u said above, so i have to find end users by googling it, and is it a good idea to send short email to them, the email from which i send emails to them, must be a professional email id, or any email id will work.

    thx
     
  15. Umesh1

    Umesh1 Established Member

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    yes i can undrstand that and i respect what u said here, but we need money daily, for day to day works, not after years, so how to manage that, so that we can get money passively, rather than after years.... i hope u getting my point.

    thx
     
  16. Umesh1

    Umesh1 Established Member

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    not working...
     
  17. Umesh1

    Umesh1 Established Member

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    very very nice answers thx brother, yes i want to be a short sale domainer, at least the wheels rolls..and i get experienced from this, as in this industry, i have many chances will come in future for making big sales, but for starting i stick with IST one.

    thx man for clearing my mind.:xf.smile::xf.smile::xf.smile::xf.smile:
     
  18. gilescoley

    gilescoley Top Member PRO VIP ★★★★★★★★★★

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    Yes, send them an email, keep it short and to the point, mention the price you want to sell it for
     
  19. Ngoc Pham

    Ngoc Pham Established Member

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  20. Umesh1

    Umesh1 Established Member

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    Do i need to have professional email address like this [email protected].
    or any regular email address will also work.

    thx
     
  21. Satyajit Adhikary

    Satyajit Adhikary SatyajitAdhikary.com Gold Account VIP

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    In my view, brandable domains have greater uncertainty than keyword domains.

    You can not outbound or pitch anyone for your brandable domain.
    A brandable domain would sell only when one particular person chooses one particular name for his business and that name happens to be yours out of so many random combination of names in the universe. Here, the control is completely out of your hand.

    Whereas, for keyword domains, you can use some tools and research to find out the exact set of target endusers who would be benefitted by having your name. Here, you have some control in hand for the domain sale.

    But if you think your domain quality is good enough and the price is set right, then whether it is brandable or keyword, it would surely sell within 2-3 years as most buyers are not endusers but domainers themselves who see a potential value in your name, worthy of their own investment and time.

    So, it is not the enduser that should be our target, but the domain sale.
     
  22. Umesh1

    Umesh1 Established Member

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    thanks brother, i will keep that in mind, respect...a i am new here, so asking about each and everything before going out in the warzone.
     
  23. gilescoley

    gilescoley Top Member PRO VIP ★★★★★★★★★★

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    I have standard business email I use now for outbound, but using a name@yourdomain.com address is just as good, its better than a hotmail or gmail address anyway
     
  24. IMEZI

    IMEZI Top Member VIP ★★★★★★★★★★

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    you mean waiting for buyer with super deep pocket begging to buy your domain? :xf.wink:
     
  25. nitg16

    nitg16 DNDiary.com VIP

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    Please do not depend on domaining as a primary daily source of income. You must first ensure a steady cash flow from one side to meet your daily expenses and then can invest some savings in domaining if you wish to.

    There are some full-time domainers here, but you need to understand that very few domainers make money and out of those very few are full-timers who had disposable income to invest.
     
    Last edited: Jun 6, 2018

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