discuss How many domains for 1 offer per day?

[Asfas1000]

Mission : 1 offer or inquiry per day

How many domains do you need for that ?

I'm not talking about portfolios with ultra premiums that very very few people have..... I'm talking about the typical domainer portfolio most of us have with a mix of crappy, half-decent and maybe a few decent domains....

So how many domains does one need to get 1 offer or inquiry per day on average ? Thousands !?! Please share your view.

 

[urlurl]

i disagree,

if you want good offers that will end in a sale in the $x,xxx range you need at least 14,600 good names

there is no point counting tire kickers

 

[Satyajit Adhikary]

i disagree,

if you want good offers that will end in a sale in the $x,xxx range you need at least 14,600 good names

there is no point counting tire kickers

This thread is about 1 offer per day. Lets stick to the thread and not talk about $xx or $xxx or $xxxx.
Also 14,600 good domains isn't the cup of tea for normal domainers.

 

[urlurl]

No its not the average domain size portfolio...., but the OP asked how many names to get 1 offer a day (i assumed he wanted offers that would result in a sale)

difference in opinions i guess

 

[gilescoley]

So how many domains does one need to get 1 offer or inquiry per day on average ? Thousands !?! Please share your view.

Its really impossible to say, you can own 50,000,000 names but if they are all low quality names, you wont even get 1 offer a month

It really depends on the quality of the portfolio

 

[has2hands]

i own approx. 1,400 names.

i get 1-3 inquiries/offers per day...some days none...some days 4-5 depends on day of week....so on average 30-90 per month. i get 1-4 sales per month on those offers/inquiries.

as you "advance" you buy less and less names on these forums.

 

[Satyajit Adhikary]

i own approx. 1,400 names.

i get 1-3 inquiries/offers per day...some days none...some days 4-5 depends on day of week....so on average 30-90 per month. i get 1-4 sales per month on those offers/inquiries.

as you "advance" you buy less and less names on these forums.

would be thankful to know your average sales price ? $xx, $xxx or $xxxx?

 

[has2hands]

my average price of sale for 2016 was $2,600.

 

[Martin Scurry]

3k plus need for atleast 1 offer obtain.

 

[domainbartender]

I'd say you need around 10000 minimum. And only if they are ALL decent enough, which probably isn't the case. Easily an offer a day if you have 50000 or more.

 

[distlej]

Before you expand your portfolio, remember that renewals will eat your profit in this business.

Here are the approximate annual renewal costs for a few portfolio sizes mentioned above (assuming the best Godaddy dotcom rate of $8.47)

1000 domains $8470
10000 domains $84700


Now assuming you have the 2.5% sell thru rate mentioned above, you will sell the following number of domains each year:

With 1000 domains you will sell about 25 domains
With 10000 domains you will sell about 250 domains

Just to break even, the average domain selling price needs to be $8470/25 = $338!
Of course if you have other expenses, the number will higher.

 

[Asfas1000]

Before you expand your portfolio, remember that renewals will eat your profit in this business.

Here are the approximate annual renewal costs for a few portfolio sizes mentioned above (assuming the best Godaddy dotcom rate of $8.47)

1000 domains $8470
10000 domains $84700


Now assuming you have the 2.5% sell thru rate mentioned above, you will sell the following number of domains each year:

With 1000 domains you will sell about 25 domains
With 10000 domains you will sell about 250 domains

Just to break even, the average domain selling price needs to be $8470/25 = $338!
Of course if you have other expenses, the number will higher.

The $338 average selling price is achieveable, but the 2,5% sell through rate sounds like a toughie !

 

[barcher]

Ok, am not at that level, but from this thread of people sharing own experience I learn -

i own approx. 1,400 names.

i get 1-4 sales per month on those offers/inquiries.

my average price of sale for 2016 was $2,600.

So 1-4 sales the average range is $5,200 to $6,500 per month
Per year X 12 months that's = $62,400 to $78K averaged out

1000 domains $8470

For 1,400 domains -> Renewals 1,400 X 8.47 = $11,858
Yearly Revenue - Less Renewals = $50,543 to $66,142

But to get that, (even with 1,400 size name portfolio) will have to negotiate well to ensure 2,600 is average sale price per domain. I don't usually get $2,600 as a average sale.

Thank you @has2hands You have given me a lot to think about.

 

[raji96]

I won 1000 names only..

 

[Domains - Wanted]

I won 1000 names only..

Wut?

 

[ProvenPro]

Just to throw some numbers out there:
3,000-4,000 domains if the portfolio is mostly aftermarket acquired
8,000-10,000 domains if the portfolio is mostly hand reg

 

[has2hands]

You pretty much hit the nail on the head...great math!

I believe and am learning it is a game of scale...for the average domain investor. My goal is 2,000-3,000 names, at which point it becomes a full-time job and I double my sales.

But, I also reinvest my sales in better names...I don't sit on the sidelines.

I also turn down offers at the same scale...so i could easily double income if I accept $700-$800 offers.

I also don't out bound emails to potential customers...I believe you lose "hand" or leverage....so all inquiries are inbound. I have tried and tried outbound but it is very tough sledding.

I generate 2-3-4 sales per year thru Afternic/Sedo.

I mentioned to my wife yesterday that we are living thru and witnessing the death of the written word (papers and newspapers); watching the slow death of stores; driverless vehicles, etc etc. So, with all this upheaval, what did we do? We purchased domains!

At this time in history, we are investing in quality domains....really for retirement. So, I have a 5-10-15 year window of holding names. I sell when the price is fair...which is $,$$$.

When I deal with business owners, they can take it or leave it...I know others want the name....based on visitors and offers. So, I am not desperate to sell....although I am

But, I am not selling names of mittens or socks....low value products. I realize that business owners come in all sizes and someone selling mittens won't buy a name for $5,000...so I stay away from those mitten/sock names. That is my choice and nothing wrong with a smaller profit. If I lived in another country that smaller profit could change my lifestyle....so its all good.

I found out hand registering names takes years and years to mature and you need a level of committment to pay the fees and wait. This is how we all start out, I get it and did the same thing. I was happy to sell one or two names a year at one point...this is the learning curve and is valuable.

My last word of advice is very simple...who will buy my domain name? Who is going to buy it? I use to think that if I purchased a name on a forum for $17 and it is worth $200 that I made money, no matter what the name is. But that is pure bullshit.

Who is going to buy this domain name ?

Good luck to all.

Ok, am not at that level, but from this thread of people sharing own experience I learn -





So 1-4 sales the average range is $5,200 to $6,500 per month
Per year X 12 months that's = $62,400 to $78K averaged out


For 1,400 domains -> Renewals 1,400 X 8.47 = $11,858
Yearly Revenue - Less Renewals = $50,543 to $66,142

But to get that, (even with 1,400 size name portfolio) will have to negotiate well to ensure 2,600 is average sale price per domain. I don't usually get $2,600 as a average sale.

Thank you @has2hands You have given me a lot to think about.

 

[NigelD]

Thanks for the info has2hands - think that's great advice for anyone looking to build a portfolio. Especially the advice to stay away from very low value product domains. Makes sense - just a couple of high value product/services sales would probably pay for the domain - no wonder you're getting such a good return from your portfolio.

 

[anantj]

I got between 300-400 and get an offer or inquiry approximately once in 3 days or so... With a few more names, might be able to improve the frequency

 

[Asfas1000]

Looks like the next question will need to be "How far is an inquiry from a sale ?!?!?"

 

[Domains - Wanted]

I got between 300-400 and get an offer or inquiry approximately once in 3 days or so... With a few more names, might be able to improve the frequency

Interesting and impressive!

Where do the inquiries originate from? Your domain landing pages or Sedo, Afternic or other listings?