How long to wait for end user.

[Umesh1]

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 , 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

 

[Crysis]

 

[Kate]

I wouldn't recommend domaining if you are looking for a steady source of daily income. For some it is a side income, and for a few it is a full-time occupation. But the majority of domainers are losing money.

You first need to learn the basics and acquire adequate inventory.
In a way it is very much like investing in stocks.
It takes money to make money, so if you don't have a lot of money to invest it will take a long time to build a healthy portfolio that will yield income.

And if you had a large sum of money at your disposal, you might very well waste it. We have seen a lot of people burning 5 or 6 figures on new extensions or all kinds of dubious names. I mean, people with zero previous experience of domain sales, jumping in with both feet without doing research.
Money obviously helps but only when you know what to buy and what not to buy.

My experience to newcomers would be to read, and refrain from buying, not more than just a few names, that you would be prepared to use for yourself. Read the forum and select blogs for at least a few months and suck up the knowledge.
People often lose interest after a few months and move on to something else. So the first test would be to hold on for a few months just to see if you are patient and determined enough to learn. Remember that a domain name is registered/renewed for at least one year, so you should be prepared to wait at least that long to see the result.

And to answer the original question: typical selling time for us is 3 years but sometimes up to 10 years and of course there are still names unsold after 10+ years. This is without doing outbound, passive sales only.

 

[gilescoley]

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.

 

[urlurl]

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

 

[Crysis]

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

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

Dude, if you are in debt and are having financial challenges, stay far away from domain names. Domain names are much too speculative and risky for someone with financial challenges to be engaging in. Even stocks and bonds are much safer.

Remember, 98% to 99% of domain names out of 300 million registered domain names today are completely worthless in terms of selling them to other buyers, either persons or corporate entities. That means only 1% to 2% are any good for making money with. That is a horrible statistic for any asset class in terms of investment. That’s why domain names are not investments — they are speculative assets. You can make a lot of money or you can wind up with a complete loss after you simply let your bad domain names expire worthless.

So, I recommend that you go out into your local economy and find a more simple, less risky way of making money to pay down your debts and get yourself on better financial footing before even considering investing in domain names. You likely cannot handle the total risk of loss right now in your life.

Forget about domain names for now. You need to find a different way to make money to get yourself out of your financial situation. Domain names are NOT “get rich quick”. It takes time, money, and patience. You may not have those right now; perhaps someday you will and you can consider speculating on domain names again.

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

 

[nitg16]

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

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.

 

[DavidH]

Two of my biggest sales took 10 years to find the right end users.

But, because they were "keyword" dot com names in an industry that I was very familiar with, I knew they were good names and would be valuable to the right company.

So my recommendation would be to stick to names in a niche that you know something about, which would then put you ahead of probably 95% of the other domainers!

 

[DavidH]

you must be a


u must be very patience guy. hheeeeh

Patience is my second recommendation!!!

And never ever, ever appear desperate to sell a name, even if you absolutely have to have the money immediately!

 

[Crysis]

So i am very confused here , in buying a domain name, no matter of it is brand able or keyword domain, how much i have to wait.

You have answered your own question below:

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.

 

[biggie]

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...

 

[Satyajit Adhikary]

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.

 

[biggie]

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.....

 

[wayne wooldridge]

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

thx

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.)

 

[Crysis]

Well...This is what the Domain King Rick Schwartz posted today!

http://www.ricksblog.com/2018/06/do...rk-for-dennys-or-capital-grille/#.WxgJpEiFPIU

 

[canswift]

I've waited as long as 15 years for a sale

So it's not just me then! Some of my best sales over the last year have come from names I purchased 10-12 years ago, and just hung on to. I knew they were good and would sell eventually. I have let a small percentage of my portfolio go each year, and have regrets with a few (especially the ones that are now owned by Mike M)!

 

[PeakDots]

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 , 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

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.

Like one member told me here " welcome to the lottery, good luck"

 

[PeakDots]

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


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

thx

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

And if depending on this for money today
It may be the wrong industry you in my friend.

 

[gilescoley]

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

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

 

[creataweb]

I've waited as long as 15 years for a sale (some were long term holds with dev plans.)

 

[Umesh1]

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.

Like one member told me here " welcome to the lottery, good luck"

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

 

[gilescoley]

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.

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

 

[Ngoc Pham]

69 years

 

[Umesh1]

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.

 

[Umesh1]

ook 10 years

omg,

thx fr r advice.