debate How many of you got RICH investing in .com names in 2020 - 2021?

[Brands.International]

How many of you got RICH investing in .com names in 2020 - 2021? Let's discuss.

Those of you who know me know also that when it comes to .com names, my personal thinking is that it is too late for most people to invest in them.

Saying that I would like to be corrected if the above opinion is wrong. It might be possible that you invested in .com name in some period between the years 2020 - 2021, and got successful?

Please share your stories, and persuade hardcore new gTLD investors like me that .com is still relevant.

Thank you

 

[Josytal]

Less than 1% of NP members will notice this thread, even if they are making millions. Still, lesser will bother to respond.
So, Namebio is your friend. Figures don't lie.

 

[alcy]

How many of you got RICH investing in .com names in 2020 - 2021? Let's discuss.

Those of you who know me know also that when it comes to .com names, my personal thinking is that it is too late for most people to invest in them.

Saying that I would like to be corrected if the above opinion is wrong. It might be possible that you invested in .com name in some period between the years 2020 - 2021, and got successful?

Please share your stories, and persuade hardcore new gTLD investors like me that .com is still relevant.

Thank you

considering there are may be 5% domainers who think and act like u... clearly your entire argument about too late for com or ngtld better than com does not even stand a chance of being true.. or serious for that matter.

 

[alcy]

Thank you for your post @hawkeye, I do get your point.

But I still prefer to stick with that original question if I can - the reactions on it are giving me the needed and precious information I need. I am sure also new people who are reading this thread will form their opinions based on feedback it receives.

A little bit aside from the topic: it is so irritating to many patient and thoughtful investors that 15 y.o. kids on Tic Toc who shilled DOGE for months as a joke are now buying new houses .. and many people here are spending hours/days/weeks/years carefully thinking and budgeting their domain investments, and still sometimes have troubles paying their monthly bills or mortgage.

Life is comedy sometimes. But back to our domains, lol

u do not get it do ya...nobody who made money on doge knew they would..its all casino chance and elon musk tweets.

like I said there is but tiny insignificant portion of domainers who think like u about ngtlds ... and that alone says it all..regardless of yer arguments... using random success based on nothing but Elon tweets of some random bs doge currency is real poor arguing about ngtld potential. but that's ok cause u cant argue that anyway cause they got no potential.

aside from potential to mislead newbies.

com
io
co

that's all u need to be a domainer.

 

[Oskar P]

Domains are illiquid assets, meaning you get stuck with them. 99% lose money. I suggest newbies try crypto instead.

 

[twiki]

Domains are illiquid assets, meaning you get stuck with them. 99% lose money. I suggest newbies try crypto instead.

Observation, this is only true for those that don't know what they are doing.

For example, I am selling almost each domain I own and very few end up expiring. And I can always sell everything at a clearance right now for good profit. My portfolio is highly liquid despite not being in the exact liquid class. Many other experienced domainers have a similar situation.

But for newbies, yep - I agree - crypto might be easier. Domains is definitely a hard work, investment and risk field to start into.

 

[Robin A.]

Far from rich Just started domaining again end of last year. 2 sales. Purchase price total was $960. Total sale price: $29,000.

Think the only way to get rich in domaining is to either already start with a decent amount of cash (50k+) in order to buy high-quality domains OR have some sales and re-investing every dollar into new domains. Rinse and repeat until you have a decently sized portfolio and regular sales that surpass your monthly wage from the 9-5 job. I'm following the second path. Next goal is to have a 100 domain portfolio.

Oftentimes people talk about a 1-3% sellthrough rate per year. I saw a Domainsherpa show years ago and the guy had a 20% sellthrough rate. His portfolio consisted of domains that sold themselves. No outbound. Think that's the only way to go (and become rich.)

 

[bmugford]

Domains are illiquid assets, meaning you get stuck with them. 99% lose money. I suggest newbies try crypto instead.

I have no doubt the majority of people who try to invest in domains lose money, but 99% is hyperbole.

Brad

 

[bmugford]

Oftentimes people talk about a 1-3% sellthrough rate per year. I saw a Domainsherpa show years ago and the guy had a 20% sellthrough rate. His portfolio consisted of domains that sold themselves. No outbound. Think that's the only way to go (and become rich.)

1-3% is a pretty standard sell-through rate for average quality domains priced at average end user prices ($1,500 to $5,000).

20% is a massive anomaly, especially when it comes to passive sales. There has to be more to the story.

Really the only way you could achieve that IMO is either on a tiny sample size or high quality domains at very low prices. I can't see a STR anywhere near that on a large portfolio scale.

Brad

 

[biggie]

Hi

as said before, the str, does not, or is not, an indicator of net proft or roi

a 20% sellthrough rate.

one could own 200 domains and sell 40 in a single year, which would be 20%
but you don't know how much each domain was sold for.

and that's why >>>>>

There has to be more to the story.

imo...

 

[Robin A.]

1-3% is a pretty standard sell-through rate for average quality domains priced at average end user prices ($1,500 to $5,000).

20% is a massive anomaly, especially when it comes to passive sales. There has to be more to the story.

Really the only way you could achieve that IMO is either on a tiny sample size or high quality domains at very low prices. I can't see a STR anywhere near that on a large portfolio scale.

Brad

Agreed. It's pretty extraordinary. Just wanted to make the point that one should focus on great domains to beat the 1-3% STR average.

 

[twiki]

1-3% is a pretty standard sell-through rate for average quality domains priced at average end user prices ($1,500 to $5,000).

20% is a massive anomaly, especially when it comes to passive sales. There has to be more to the story.

Really the only way you could achieve that IMO is either on a tiny sample size or high quality domains at very low prices. I can't see a STR anywhere near that on a large portfolio scale.

Brad

I suspect most has to be in the low to mid xxx range. I did have 6%- 7% overall long time ago when I checked. Today probably about 10% overall. But this includes a lot of xxx sales. There are domains out there which are fast sales but not necessarily 4-fig material.

with 3k+ domains, I find it hard to believe.

 

[ThatNameGuy]

There is nothing silly and misleading to ask a simple question Brad.

And please stay on topic - this thread is about the success of people in .com investing.

I am seriously curious - as I said, I wish to get relevant information. If someone shows me some good examples, I can redirect part of the money I now direct on new gTLDs to .com.

So please share examples, and do not question my question. Thank you

Marek...."end users" still aren't aware there are viable affordable options to traditional overpriced .com's. I keep gravitating back to ngTLD's that make sense and I'm real close to breaking the code

I finally have a developer who is working with me, and when he discovered what I was doing with the .realty and .online ngTLD's he wanted to get involved. He even registered a couple dozen .online domains on his own, and he was like a kid in a candy store. He'd text me every time he snared a good one, and like me he finds it hard to stop....you'd think we were on CrackDomains....cheap crack at that.

NamesCon.online is what turned me on to the .online extension...it just made good sense. As you know I could give a rats ass what other domainers think. It's their obnoxious and condescending behavior that really turns me on

 

[biggie]

Just wanted to make the point that one should focus on great domains to beat the 1-3% STR average.

Hi

depending on portfolio size, quality and sales price per domain....
one may not want to or need to, average more than 1>3% str

as the cost to replace similar quality domains in a portfolio increases,
then one may just increase prices, instead of trying to or agreeing to, sell more names.

not to mention those who are monetizing their domains, where that income can sustain the portfolio in full or to some degree.
and that too, can affect str

imo...

 

[Brands.International]

u do not get it do ya...nobody who made money on doge knew they would..its all casino chance and elon musk tweets.

like I said there is but tiny insignificant portion of domainers who think like u about ngtlds ... and that alone says it all..regardless of yer arguments... using random success based on nothing but Elon tweets of some random bs doge currency is real poor arguing about ngtld potential. but that's ok cause u cant argue that anyway cause they got no potential.

aside from potential to mislead newbies.

com
io
co

that's all u need to be a domainer.

oh Doge ... I underestimated doge .. should pay more attention to it honestly ... i underestimated those kids dancing on Tic Toc .. my bad. Pay more attention to social media is what I think, and yet I failed in this instance, lol.

But ...back to topic...what aboug .com? Did that made you rich Alcy in 2020 - 2021 ? Or not? Is .com > DOGE, or DOGE > .com?

 

[Brands.International]

Domains are illiquid assets, meaning you get stuck with them. 99% lose money. I suggest newbies try crypto instead.

Words of wisdom, 100% .. as I observed during 2020 - 2021, crypto made rich even some very dumb people And I mean RICH, with no definitions needed. But this thread is about domain investing (and particularly .com), so we need to stick to the topic here

 

[Brands.International]

Far from rich Just started domaining again end of last year. 2 sales. Purchase price total was $960. Total sale price: $29,000.

Think the only way to get rich in domaining is to either already start with a decent amount of cash (50k+) in order to buy high-quality domains OR have some sales and re-investing every dollar into new domains. Rinse and repeat until you have a decently sized portfolio and regular sales that surpass your monthly wage from the 9-5 job. I'm following the second path. Next goal is to have a 100 domain portfolio.

Oftentimes people talk about a 1-3% sellthrough rate per year. I saw a Domainsherpa show years ago and the guy had a 20% sellthrough rate. His portfolio consisted of domains that sold themselves. No outbound. Think that's the only way to go (and become rich.)

Thanks for sharing your experience @Robin A., it is much appreciated!

And I can tell you your $29,000.is not bad at all, particularly when you started at end of last year! GL

 

[Brands.International]

I have no doubt the majority of people who try to invest in domains lose money, but 99% is hyperbole.

Brad

Are you sure Brad that 99% is hyperbole? Like people like to brag when something good happens, but most people will not admit they are in total minus and poor. It is not cool to admit that. I am not persuaded so far from this thread that people are doing so well, reading response. And it is not only about .com. We will do a very similar thread for new gTLDs in the future to have some symmetry, and you know already that new gTLDs are an even harder task to master properly. So in general, domaining 2020 - 2021 does not look too rosy to me.

 

[twiki]

Are you sure Brad that 99% is hyperbole? Like people like to brag when something good happens, but most people will not admit they are in total minus and poor. It is not cool to admit that. I am not persuaded so far from this thread that people are doing so well, reading response. And it is not only about .com. We will do a very similar thread for new gTLDs in the future to have some symmetry, and you know already that new gTLDs are an even harder task to master properly. So in general, domaining 2020 - 2021 does not look too rosy to me.

Having the best year ever. At least $500 per day. All sorts of tlds selling. From my angle, never been better.

 

[Brands.International]

Having the best year ever. At least $500 per day. All sorts of tlds selling. From my angle, never been better.

It is nice to hear that I also read and like your longer post a lot, I have the impression you are giving a lot of effort, thinking, and energy into this (and therefore, naturally, good results, IMO).

Just want to ask, have you figured out your approach all by yourself (like a lot of experimenting, which is also my approach, but sometimes can be costly, lol) or did you have some mentorship, or maybe some Academy/Courses related to the domain names? What helped you form your approach most?

 

[twiki]

It is nice to hear that I also read and like your longer post a lot, I have the impression you are giving a lot of effort, thinking, and energy into this (and therefore, naturally, good results, IMO).

Just want to ask, have you figured out your approach all by yourself (like a lot of experimenting, which is also my approach, but sometimes can be costly, lol) or did you have some mentorship, or maybe some Academy/Courses related to the domain names? What helped you form your approach most?

It is nice to hear that I also read and like your longer post a lot, I have the impression you are giving a lot of effort, thinking, and energy into this (and therefore, naturally, good results, IMO).

Just want to ask, have you figured out your approach all by yourself (like a lot of experimenting, which is also my approach, but sometimes can be costly, lol) or did you have some mentorship, or maybe some Academy/Courses related to the domain names? What helped you form your approach most?

I only learn by myself. No courses or anything like that. It just fits me.

Edit: I really love domaining

 

[Recons.Com]

Agreed. It's pretty extraordinary. Just wanted to make the point that one should focus on great domains to beat the 1-3% STR average.

The ultimate goal is not to beat 1-3% STR. The ultimate goal is to maximize return on your investment and profit.

In theory, you could increase prices for some domains that will result in reduced STR in 0.5%-0.8% region and end up making more money.

Another consideration, if you have extra funds and there are not enough domains to buy that provide 40%-100% IRR, you might also buy the types that provide 20%-25% IRR with STR of 0.5%-0.8% at low xxxx pricing.

 

[bmugford]

Marek...."end users" still aren't aware there are viable affordable options to traditional overpriced .com's. I keep gravitating back to ngTLD's that make sense and I'm real close to breaking the code

It's been 7+ years now. When are "end users" going to become aware?

Maybe many are aware, and just don't care...or when they become aware they still won't care.

Brad

 

[NickB]

If, when I can say to myself I'm rich from domaining nobody is going to know about it, except the better half.....

As soon as I get my first xx,xxx sale I will share it, but will never report another sale after....have said this in the past and sticking with it.....

That's the point when it becomes my private business how much I'm making....

It's just a matter of when rather than if though.....

 

[bmugford]

If, when I can say to myself I'm rich from domaining nobody is going to know about it, except the better half.....

and hopefully your accountant...

As soon as I get my first xx,xxx sale I will share it, but will never report another sale after....have said this in the past and sticking with it.....

Not a bad idea. I reported my first $XX,XXX sale here more than a decade ago. I report other sales here and there, but there is not a massive benefit to reporting all your sales IMO.

Brad

 

[NickB]

and hopefully your accountant...



Not a bad idea. I reported my first $XX,XXX sale here more than a decade ago. I report other sales here and there, but there is not a massive benefit to reporting all your sales IMO.

Brad

Good point on the accountant otherwise I'd be in the....

For me being new to it - the first few years it's been nice to share, shows progress, give something back etc etc I don't like discussing money with anyone normally except family (even the accountants!) so me sharing sales is a bit uncomfortable even now, even though they are small sales, let alone decent sized ones in the future but I will do it once to show I can do it