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

 

[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.

 

[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.

 

[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

 

[IMEZI]

and some im still waiting for the right buyer

you mean waiting for buyer with super deep pocket begging to buy your domain?

 

[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.

 

[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.

 

[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!

 

[Umesh1]

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.

appreciate ur answer, respect and thx

 

[Umesh1]

ook 10 years

omg,

thx fr r advice.

 

[Umesh1]

you must be a

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!

u must be very patience guy. hheeeeh

 

[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!

 

[Umesh1]

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!

my english is little weak, you mean to say , i have to never hurry to sell a domain name.

 

[urlurl]

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

this industry is very unpredictable and sales volumes come and go in waves - so in order to be comfortable with daily consistent business you would need tens of thousand of good and great domain names at a minimum and have experience that you have built up over the years.

this industry is not easy nor is it a get rich quick business...

 

[NorthernDomains]

The biggest trap a new domain investor can fall into, is thinking every domain will sell.

It takes time. Either you invest time in finding buyers or you wait, patiently.

 

[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

 

[Coinking]

It's all about name game, if you have a good name than wait for the good offer.

 

[babaku]

why you not sell on flippa auction?

 

[bolep2p]

To a few years!

 

[Smiles76]

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

If you can't sale the name in a year let it go. Many domainers waste money and time waiting for a buyer that will never come. Some names will never sale no matter how long your wait.

 

[Umesh1]

why you not sell on flippa auction?

bcse right now its locked for 60 days. so only i can sell it in godaddy