How much money do you spend per year?

[TWM]

Some of you have hundreds of domains. How much will it cost you to keep em registered?

Im at $870/yr.

 

[Grrilla]

Originally posted by Primacomputer-I get so tickled by this notion that every name is “worth” something or has some sort of commodity value. A name is worth what a buyer is willing to pay for it.

Originally posted by NameMogul-Personally, the names I think are my golden eggs never end up selling and the little ugly duckling that I wondered why I even registered ends up as the big sale

Was that an echo that I just heard?

Aptitude-Temperment-Lifestyle

Success is the breeding grounds of dogma/proselytization- intentional or not. ~Grrilla, 2005

Beatings? Spankings and Cash? What kind of forum did I join again?

A forum peopled by human beings.

Last edited by Grrilla : Today at 01:12 PM

 

[tony84]

about $20 :D
only have 2 domains which is more than enough seen as i work full time aswel but theyre mainly for hobbies that earn a little extra on the side

 

[primacomputer]

I had two sales mentioned on DNJ a few months back prima so I'm not just referring to $15 sales. Those were both reg fee domains which both sold within a matter of weeks of acquiring. Neither had traffic or links in fact the only people who probably visited them were the buyers themselves.

Well done. But I'm not talking about the exceptions where you register something and make a decent return. I'm talking about the concept of registering and selling low value names in large quantities.

My renewal bill was $7.99 last month and that was for a domain which I don't intend on selling.You keep mentioning the labor put in. Well the way I see it you're going to put that labor in either way. I go through the drops every day whether I plan to buy or not. If I do buy it takes all of about 10 minutes to list those names where I plan to list them. In most cases within the next 24 hours from then I've made my expentures and then some so I would much rather be "sure" I made something for my effort rather than "hope" I get lucky some time in the years to come.

Someone who buys a few good names and sits on them doesn't have to watch drop lists, or do much of anything for that matter. They could just list their names somewhere and sit back waiting for offers. This is my whole point. It's a lot less work for more money.
Also, if you have a good name you don't have to "hope" it will sell. You just wait for the right offer.

Is this the "Mine is bigger than yours theory?" Personally, the names I think are my golden eggs never end up selling and the little ugly duckling that I wondered why I even registered ends up as the big sale.

More like the “I registered an overture typo .co.in vista name with a hypen because it helps search engine ranking theory”. I think the number of regfee appraisals we see are a good indication that I'm not the only one who thinks a lot of crap is being registered.

You're probably one of those who thinks those free .info's are worthless aswell? Over 200 of those "Free" names were part of those 600. The remainder were paid for by the money made from the sales of free .info's plus lots of deposits in the bank. So in actuality I don't even know where to begin figuring that ROI.

Worthless as well as what? I'm not a big info speculator but the extension has taken of quite well and a lot of people are making money with it. Something free, even better.
I'm not saying the names you register are worthless, just that I don't find such names a cost effective use of my time.

The same goes for the labor involved...it's all a matter of priorities, isn't it? For example, look at the number of posts to NP forums by some members over the last year or two; the total time spent participating in the various discussions must rival any amount of time required to manage domain names.

True, some people spend far too much time here

 

[Grrilla]

Awright! That's the spirit! I don't know about the rest of you, but the prima-mogul dialogs are taking my mind to interesting and relevant places.

True, some people spend far too much time here

Ugh! Busted again.

 

[rcep]

2oo

well i have 2 domains i spend 0.00001 dollars in 18 years for each domain
i think its the cheapest one ever seen

 

[Grrilla]

well i have 2 domains i spend 0.00001 dollars in 18 years for each domain
i think its the cheapest one ever seen

Now, that's what I call getting the most bang out of your buck! I admire your ingenuity. However, I think if you would have been taken a stronger stance, you might have been able to negotiate the price down another decimal point or two. :imho:

Not to be a stickler, but what currency were you working in? Wouldn't have been the Italian lira, *after* they swiched over to the Euro, would it? $0.00001 Hmm... I noticed the 2 .tk links in your sig, but when I followed your link, I landed on a .com subdomain. My guess is that you are piggy-backing w/ a friend that owns the .com who leasing it to you for $0.00001./yr. Am I getting warm? Careful though, in 400 years you will have a balloon payment due of 10 cents. I hope you are not being charged interest!

Regardless, this is a great example of creating much from a very little, and I applaude you for it!

(BTW, If you were my buddy, I would have let you slide on the $0.00001, but nevertheless, he did give you a fairly decent bargain.

 

[slaughterbeck]

well i have 2 domains i spend 0.00001 dollars in 18 years for each domain
i think its the cheapest one ever seen

Exactly how is this payment made? Can you break a penny?

 

[Grrilla]

Exactly how is this payment made? Can you break a penny?

Excellent question. I typed in the following addresses to find an answer: (Well.... not really.)

pennysplitter.com
pennybreaker.com
pennypinche.com
pennycutter.com
pennygeometry.com
pennypuzzle.com
halfapennysavedishalfapennyearned.com :gn:

Alas, none of these sites are active, and, (can you believe it!), they are all unclaimed and available for registration! (No one can accuse me of holding back my good finds from the "Avail Names" list, anymore.) :blink:

 

[zaros64]

$30 around.. only payed out of my own pocket to register 2 domains, the rest were either from selling NP$ and buying domains for NP$

 

[Nerz]

Some of you vets need to retire, write an ebook on domain trading, and give us poor plebes a chance Sounds good dont ya think

Seriously though after reading this thread its terrific to see so many people going well and achieving success, it provides a great deal of encouragement for new players starting out.

Quick question : Whats your secret? :hehe:

 

[Sabre]

True, some people spend far too much time here

:hehe:

I think I come under that bracket too!

True, some people spend more time here than managing thier domains, I don't see a problem in that?

I come here for the community, and it's a stress relief as well (normally, when you guys are mauling each other to death :blink: )

P.S. Words of Wisdom: Never miff off a grrilla...

 

[Grrilla]

Some of you vets need to retire

Ahh.... :wave: Comin in off a nice set, a frosty cerveza waiting, a nice tradewind blowin, kickin back, whatchin the waves roll in, the clouds float by and nodding your head and smiling back at the the island girls, as they stroll by.

What the heck do you think some of the vets are trying to do?

 

[barefoottech]

Multi-skilled,multi-tasked and Multi-domained
I am On Namepros almost 18Hours day
but as I have 3 Screens on computer and Use a REAL op sys.
I can also operate my sales sites and monitor my opposition
As well as do my other interests, which are many and varied
The one thing I have observed is the impatience on the part of some
Domainers to make money.
Case in point, no names ,
NPer Buys Domain.
Asks for Appraisal
Argues about Values Given.
Has Heated Discussion about it in
Various Forums , regarding Development and value
Then Lists for Sale at $xxx Price Despite Valuation of Reg-fee
Complains about Lack of Vision because of Lack of Offers
Relists for Auction Starting Bid $xx High
Complains about Lack of Vision because of Lack of Bids
Rants abouts having bids elsewhere for $xxx
Relists For NP$ Auction and sells for xxNP$
Period of total time from Regging to Dumping
6 Days
Jeez ,You reg. for a year Min. What is the Rush.
If you can't afford to keep it a little longer ,than choose the name a little more carefully.

 

[central]

Couldn't agree more! Listen up boys and girls! This is words of wisdom.

Multi-skilled,multi-tasked and Multi-domained
I am On Namepros almost 18Hours day
but as I have 3 Screens on computer and Use a REAL op sys.
I can also operate my sales sites and monitor my opposition
As well as do my other interests, which are many and varied
The one thing I have observed is the impatience on the part of some
Domainers to make money.
Case in point, no names ,
NPer Buys Domain.
Asks for Appraisal
Argues about Values Given.
Has Heated Discussion about it in
Various Forums , regarding Development and value
Then Lists for Sale at $xxx Price Despite Valuation of Reg-fee
Complains about Lack of Vision because of Lack of Offers
Relists for Auction Starting Bid $xx High
Complains about Lack of Vision because of Lack of Bids
Rants abouts having bids elsewhere for $xxx
Relists For NP$ Auction and sells for xxNP$
Period of total time from Regging to Dumping
6 Days
Jeez ,You reg. for a year Min. What is the Rush.
If you can't afford to keep it a little longer ,than choose the name a little more carefully.

 

[Fleege]

HEY - What wrong with credit cards.

credit cards are fantastic. Just not for credit. Let the suckers pay interests and penalties when you enjoy the benefits of:
points and points and points. (that turn into trips and cash)
protection
convenience
book keeping
and more points. (I get 5 for gas and groceries and those add up)

Im sure one day there will the all mighty NP credit card point system.

 

[JMJ]

I use a bank card. If I allowed myself to have a credit card I would max them out in a day buying domains. My ex taught me the best lesson in life and thats not to have a credit card. Before I even noticed she had enough rings to put one on each of her fingers and toes I got the bills. (Which BTW I'm still trying to pay off and we've been split for 5 years.)

As far as development goes. I've tried that route. Goodluck to you all on that one because it won't be me. There's nothing worse than having over 100 fully developed websites making nickels each a day and every one of them having some sort of an issue, support request, etc.. Found myself buried in things to do and making lots less money than I was selling names.

Sure I do have a "few" sites and even those could keep me busier than I really want to be. I'll continue to do what has always worked for me. There will always be plenty of names to be had. There's nothing better than to have registered a name, sold the name for a decent profit, pick the name back up when that buyer lets it drop, and reselling the name again. Yes this has happened to me on several occassions.

 

[Nerz]

I use a bank card. If I allowed myself to have a credit card I would max them out in a day buying domains. My ex taught me the best lesson in life and thats not to have a credit card. Before I even noticed she had enough rings to put one on each of her fingers and toes I got the bills.

As far as development goes. I've tried that route. Goodluck to you all on that one because it won't be me. There's nothing worse than having over 100 fully developed websites making nickels each a day and every one of them having some sort of an issue, support request, etc.. Found myself buried in things to do and making lots less money than I was selling names.

Sure I do have a "few" sites and even those could keep me busier than I really want to be. I'll continue to do what has always worked for me. There will always be plenty of names to be had. There's nothing better than to have registered a name, sold the name for a decent profit, pick the name back up when that buyer lets it drop, and reselling the name again. Yes this has happened to me on several occassions.

I think it depends on the site, if you have a sit involving a lot of direct community participation..like a forum, then thats gonna be more work in sorting out problems, moderation etc, than a site based on flash arcade games for instance, where the script does all the work.

People talking about writing entire sites in html, i dont know what people have against the abundance of quality tools around now that get the job done quicker. The only issue i can see is seo related, and that can be overcome.

The thought of writing pages and pages of html makes me ill.

 

[JMJ]

My sites were setup to be low maintenance. PHP driven, ad servers, feeds, etc Still more work than I wanted to do. And with all of those time saving scripts came alot of script errors and issues.

After alot of the time spent developing I ended up getting the same price I would have without. Sure If I would have sat on them for years to come I may have gotten more but I'll take then least stessful way out reinvest and continue to do so over and over again.

 

[Grrilla]

Quick question : Whats your secret?

"I buy in quantity, turn them over fast and do a volume business."

"I reg only premium names, set the price that I want for it, and just sit back watching it appreciate until the right offer comes along."

"I only register names to develop sites. A carefully developed, well designed commerce based website is where the money is at, and besides, isn't that what domain names are supposed to be used for?"

"I only buy strong keyword domains, and am knocking down $xxxx+/ mo from ppc. I'm really not interested in selling, but when the right offer comes by..."

"Content, content, content! If you have good, relevant material on your site and keep it updated, the word will get around, the people will come, and it doesn't matter what name or what extention you use."

"I run a network of directory landing pages. They are kind of crappy looking sites, but I don't want visitors to stay very long. Just want them to click on one of my links and move on out."

"Other than the top, premium names in a couple of the other tld's, if it ain't .com, it ain't sh~t."

"If the name is good, the extention doesn't matter. There's alot of upside potential for many of the new tld's and cctld's, so hold onto them and you won't be sorry."

"I concentrate on dictionary and 3 character names. That's the ticket!" I mine for them and have come up w/ some great one's and only-hehe- pay reg fee."

"All the good names are gone. I follow the drop market."

"The drop market is finished. The auction format has ruined it. There are better bargains to uncover by contacting owners directly."

"You should see what typos bring in for me, each month. Wow!"

".info rocks! - .biz s~cks!"

"No, the .info and .biz namespaces serve different purposes!"

".US is getting ready to take off!"

"Never gonna happen."

"Gee, have you noticed all of .tv websites showing up in ads, lately?"

"Hey, what about the untapped potential in the Asian markets? .in, co.in .cn!"

"Yeah! It is projected that in 20 years, there will be close to 100 billion computer users in Asia and all they will have time to do all day, is buy, buy, buy!"

"There's alot of oppurtunity in .org. I made $xx,xxx selling .orgs, last month!"

"Hey, wait. Don't forget about .net- it isn't getting much respect lately, but from where I stand, that means oppurtunity!"

"BioTechnology- gotta love those nano names!"
"Cities!"
"First Names!"
"Numbers!"
"4LL .coms!"
"Poker!"
"Sex!"
"Drugs"
"Paris Hilton!" -and-
"RocknRoll."

"Hey, could you teach me how to sell my names? I heard ya can make alot of money in domain names."

"Sheesh. This domain name thing is a bunch of B/S. All it did for me is shrink my bank account and give me ulcers. What a freakin headache I'm leaving."

"Hey everyone! I just sold sold ______.whatever, yesterday! It sold in the mid-$xxx,xxx. Don't you all think the domain name business is wonderful! I just love it!"

I hope that helps.

 

[Nerz]

"I buy in quantity, turn them over fast and do a volume business."

"I reg only premium names, set the price that I want for it, and just sit back watching it appreciate until the right offer comes along."

"I only register names to develop sites. A carefully developed, well designed commerce based website is where the money is at, and besides, isn't that what domain names are supposed to be used for?"

"I only buy strong keyword domains, and am knocking down $xxxx+/ mo from ppc. I'm really not interested in selling, but when the right offer comes by..."

"Content, content, content! If you have good, relevant material on your site and keep it updated, the word will get around, the people will come, and it doesn't matter what name or what extention you use."

"I run a network of directory landing pages. They are kind of crappy looking sites, but I don't want visitors to stay very long. Just want them to click on one of my links and move on out."

"Other than the top, premium names in a couple of the other tld's, if it ain't .com, it ain't sh~t."

"If the name is good, the extention doesn't matter. There's alot of upside potential for many of the new tld's and cctld's, so hold onto them and you won't be sorry."

"I concentrate on dictionary and 3 character names. That's the ticket!" I mine for them and have come up w/ some great one's and only-hehe- pay reg fee."

"All the good names are gone. I follow the drop market."

"The drop market is finished. The auction format has ruined it. There are better bargains to uncover by contacting owners directly."

"You should see what typos bring in for me, each month. Wow!"

".info rocks! - .biz s~cks!"

"No, the .info and .biz namespaces serve different purposes!"

".US is getting ready to take off!"

"Never gonna happen."

"Gee, have you noticed all of .tv websites showing up in ads, lately?"

"Hey, what about the untapped potential in the Asian markets? .in, co.in .cn!"

"Yeah! It is projected that in 20 years, there will be close to 100 billion computer users in Asia and all they will have time to do all day, is buy, buy, buy!"

"There's alot of oppurtunity in .org. I made $xx,xxx selling .orgs, last month!"

"Hey, wait. Don't forget about .net- it isn't getting much respect lately, but from where I stand, that means oppurtunity!"

"BioTechnology- gotta love those nano names!"
"Cities!"
"First Names!"
"Numbers!"
"4LL .coms!"
"Poker!"
"Sex!"
"Drugs"
"Paris Hilton!" -and-
"RocknRoll."

"Hey, could you teach me how to sell my names? I heard ya can make alot of money in domain names."

"Sheesh. This domain name thing is a bunch of B/S. All it did for me is shrink my bank account and give me ulcers. What a freakin headache I'm leaving."

"Hey everyone! I just sold sold ______.whatever, yesterday! It sold in the mid-$xxx,xxx. Don't you all think the domain name business is wonderful! I just love it!"

I hope that helps.

LOL umm ya that just about covers it Im happy playing my game atm, although i think given my financial position ill be using option 1 most of the time, does that necessarily mean that domains appraised at $100 will have to be sold at $30 in order to shift quickly?

After trawling through the "Fixed Offers" and "Auctions" here at namepros, and DNF, one thing that did strike me was the turnover rate, you'd be luck if its 5%...Thats not a scientific, calculated figure, but id say that if someone went to the trouble of calculating it properly...I doubt it would ever top 10% in a one week period, now to me that equates to a lot of people saying:

"Sheesh. This domain name thing is a bunch of B/S. All it did for me is shrink my bank account and give me ulcers. What a freakin headache I'm leaving."

Everything you stated above reflects differant ways of doing business and possibly speculation on the next big thing. What really confuses me, and slightly ticks me off is the vast differances in appraisals...I had one domain 2 people said low $xxx, one said 100 - 500, and then somebody chips in with $25 - and was serious about it too...Is it even worth posting a word in the appraisal forum?

I know i sound a little bitter, but im just tryin to get my head around some of the gremlins in the domain resale market.

 

[JMJ]

Appraisals are only someones else's opinion. Every name I've sold for $$$ or $$$$ would have appraised at $$.

 

[Nerz]

Mogul do sell mostly to endusers or domain resellers, as a percentage do you think.

And if you mostly sell to end users, what are you preferred ways of contacting them?

 

[Grrilla]

What really confuses me, and slightly ticks me off is the vast differances in appraisals...I had one domain 2 people said low $xxx, one said 100 - 500, and then somebody chips in with $25 - and was serious about it too...Is it even worth posting a word in the appraisal forum?

I know i sound a little bitter, but im just tryin to get my head around some of the gremlins in the domain resale market.

Check this post out and make sure that you continue reading the other posts in the thread:

http://www.namepros.com/showthread.php?p=692072#post692072

And remember that one of the points that I was making in the above post was to be careful. Don't believe everything you hear and don't buy into other peoples dogma and the hype. Get a broad range of opinions. Some people, unfortunately, have agendas that include seperating the inexperienced from their money by hyping "what they sold!'' -or- "the way to do it" -or- "how they did it". Thankfully, their ranks are few and the vast majority of people at NP are righteous. Nuff said. It takes a while, but you will learn to discern who is serving up the chocolate mousse and who is serving up the cow pie.

 

[Nerz]

Thx Grrilla, ill definately check it out Thx for responding to my questions as well, still gettin my head around this wonderful world of domain names, every little bit of info i can get is golden.

 

[Macke]

a few thousands..