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How to catch competitors domain?

Labeled as discuss in Domain Expiration and Domain Drop Catching, started by Andrew Thompson, May 20, 2020

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  1. Andrew Thompson

    Andrew Thompson New Member

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    Hi everyone,

    Sorry for dumb question, but I'd like to know how to catch a normal domain if its expiration date is quite far from the current date.

    Some of my competitors just don't update sites and do not reply to my offers. I think they can forget about renewing them.
    I want to add a domain in the service and it will be tracked during all time, for years for example.
    If owner forgets about a domain, the service will try to catch it automatically.
    I registered at DropCatch.com. When I tried to place a backorder in the system, it showed me "Not a dropping domain"

    Any suggestions? Thanks in advance.
     
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  2. pb

    pb Established Member ★★★★★★★★★★

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    Add it at namejet.com*. They will let you know when it starts expiring and then you can also add it at dropcatch.com just to be sure.

    (*) at first I wrote snapnames.com - it's essentially the same dropcatcher as namejet, but snapnames does not send an e-mail when the domain starts expiring, while namejet.com does. A major drawback, though, is that namejet advertises how many orders a given domain has, so others can jump in.
     
    Last edited: May 20, 2020
  3. Brian L.

    Brian L. formerly onni VIP ICA Member

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    Godaddy has a domain monitoring service. They send an email whenever there is a change to the whois of domains you’re monitoring.
     
  4. Andrew Thompson

    Andrew Thompson New Member

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    Thanks for your help, guys. Should I pay any fees for monitoring service at Namejet.com and Godaddy?
     
  5. Brian L.

    Brian L. formerly onni VIP ICA Member

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    Last time I looked, the GoDaddy monitoring was free up to 100 domains.
     
  6. Reddstagg

    Reddstagg Upgraded Member Gold Account

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    Good evening and welcome to NamePros,

    The thing that I do and I'm sure many of the community do too is to use an excel spreadsheet. As they say if it ain't broke don't fix it. There are many ways that a basic spreadsheet can help you on your journey as a domain investor and it can be customized by you to your own requirements. Not everyone will use it in the same way but it can help you to be organized. When I get a new domain name I enter it onto my profit and loss tab and make a note of the date and price paid. I then add it to my 'Current' tab. When I change the name servers to where I want them to point I record this too and when I've updated my preferred marketplace/landing page I note that too. I follow a few easy steps and it keep me on my toes making sure everything is done in the correct order.

    I also have a tab which is where I keep a record of domain names that I come across in my research. There will literally be thousands of names that you see on a regular basis and you will not remember them all so better to get in the habit of recording them and their cost to but and any relevant appraised values. You may want to keep a list of domain names that you would maybe like to buy if and when they expire and you can synchronize your basis diary functions and set reminders to check domain names at expiry date.

    Old skool maybe, but it works for me.

    Good luck on your journey.

    Regards,

    Reddstagg
     
  7. karmaco

    karmaco Top Contributor VIP

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    The age old question. First things first, the name has to be dropped for you to catch it. Or in auction status for you to bid. So yes you must watch it hoping for a non renewal. Even then, there is no guarantee you are the only person on the planet who wants it. I have been watching certain names for years. Sometimes you do get lucky and they drop.
     
  8. dAvo

    dAvo Upgraded Member Gold Account

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    Would
    Would you mind sharing your template.
    Love to see how you work - and I'm battling to get organised.
    Thanks heaps!
     
  9. Reddstagg

    Reddstagg Upgraded Member Gold Account

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    Here goes. It is probably easier for me to explain it here than it is to copy and paste pages etc.

    Set up a very basic spreadsheet and call it something that you will easily remember.

    I do everything on one spreadsheet and have many different tabs which I can easily go from one to the other.

    1..first tab is called 'Start'...this is a basic list of the domain names that you own today. This includes date purchased if known and domain name only. This should be a list in a to z format.

    2..second tab is called 'P&L' for profit and loss records. You need to know how much you spend, what you renew and how much you sold.

    3..third tab is P&L YTD - ideally you should have these set up to start from January each year. The current year to date can be replaced each year with last years figures filed to the appropriate year i.e 2019 etc...

    4..CANX or cancelled domains. These are ones that you let expire and drop from your portfolio.

    5..CURRENT A-Z - with appraised values for guesstimation.

    6..CURRENT BY VALUE...a simple copy and paste from tab 5 and then you can re-order your portfolio by value so you can see highest to lowest in order. This is just a guide for simplicity.

    7..SOLD YTD or just SOLD for whenever you wish to start from.

    8..NOTES...This can be for anything at all..copied notes or articles or any general info.

    9..DOM EXTS A-Z...copy and paste a list of all domain extension available...I believe there are over 1,400 now. You will not use them all...I might but you certainly won't. You could also have a tab that displays your favourites or your top 10, 20 or 100.

    10..DOM EXTS - RANDOM...mix up the domain extensions and you may just find your next domain name.

    11..MAYBE/STANDBY A-Z...keep a list of domain names you come across with their values.

    12..MAYBE/STANDBY VALUE...copy and paste from tab 11 and re-order by value.

    13..MAYBE/STANDBY C TO V...copy and paste from tab 11 and include values and possible cost to buy. Divide the value by the cost to buy and this will give you a cost to value ratio. For example a domain may cost 20 and have a value of 100. Therefore the cost to value ratio would be 5 as 5 x 20 = 100. This list can be sorted with the highest values first to lowest last.

    You can use as many or as little tabs as you need to and everything can be customized by you including size of spreadsheets or colour.

    This is how I do it but it may not be the best way for you or indeed anyone else.

    Excel spreadsheets have been around for decades and I find there is not much better for beginners like me. There maybe something better but I will keep with what I have for now.

    Good luck for your journey.

    Regards,

    Reddstagg
     

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