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I am beginner in domain field but want to know this business

Labeled as question in Domain Beginners started by zeeshan zahoor, Sep 9, 2019.

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  1. zeeshan zahoor

    zeeshan zahoor Established Member

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    Hi every one hope so you all will be fine .. God bless you all
    well i am a child in domain terminology but from 1 year try to understand what is the best way to chose this business...
    actually i love to a re seller but some hurdles stop me... i will happy if some one form this community can guide me thanks in advance..

    1) should i store domains?
    2) How to complete other sellers who are selling too much less .com domains like for 2 or 3 dollars? because i have contacted many domain registrars but they did not give this kind of less price.
    3) if i cant store the domain due to limited money then what is the right way to re sell domains?
    4) how to find expired domain please suggest me any step by step tutorial or video ?

    feedback will be highly appreciated from any one....
     
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  2. Eric Lyon

    Eric Lyon Member Services, NamePros Super Moderator PRO Gold Account VIP Trusted Contest Holder ★★★★★★★★★★

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    The strategy of buy and hold works well for many but some prefer quick flips.

    Look out for domain deals and coupons where you can save money:
    Liquidate at auctions like NamePros:
    A lot of members use expireddomains.net

    Hope that helps,
     
  3. Kpett

    Kpett Established Member

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    @zeeshan zahoor ... As a follow-up to Eric, I think if you're getting into the domain business to make a lot of money, you need enough to invest in good domains and plan on holding them for a while. Although some get lucky with quick flips, most end up having too many bad names in their portfolio that they can't sell, and eventually end up dropping them after a year because they can't afford all of the renewal fees.

    There are some good books written about domaining, and there is a lot of good advice found here on NamePros in the forum ... just do a search here with a keyword and start reading. Good luck!
     
  4. xynames

    xynames XYNames.com PRO VIP

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    Hallloa. Read.
     
  5. Sheogorath

    Sheogorath Top Member VIP

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    Welcome to domaining & NamePros :)
    When just starting in domaining it is best to read as much as you can before registering/buying domains.
    There is a lot to read on this forum.

    @Eric Lyon Good points, you now have 15,000 likes B-)
     
  6. MrAcidic

    MrAcidic Upgraded Member Gold Account VIP

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    3) "if i cant store the domain due to limited money"

    The part above is what caught my eye.......if you have limited money then domianing might not be for you..

    This is not a get rich quick industry.......patience is very important (and having a few quid helps)
     
  7. WatchDogue

    WatchDogue Top Member VIP

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    Let me add, there are many platforms and formats for selling domains, such as a variety of auctions, email outbound sales offers / solicitations, domain sales websites, etc.

    Suggest you read through the forum threads showing " sold domain names " and see what names and
    what, if listed, selling platform/formats were used for the sale, etc.

    Try to figure out what type of domain selling is most appropriate for your goals and skill set.
     
  8. bmugford

    bmugford www.DataCube.com PRO ICA Member VIP ★★★★★★★★★★

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    The .COM wholesale price is currently $7.85 a year plus ICANN fee.
    Any registrar selling for less than that is taking a loss. It is not in the interest of many registrars to subsidize registrations and take the losses.

    With a limited budget comes limited options unfortunately. About all you can do is find some good domains within your budget, sell them, rinse & repeat.

    There is no real easy answer here. There is lots of information NamePros and out there in general.

    It is a highly competitive field and most people are not going to just hand over their winning formula and create competition for themselves.

    It just takes a lot of research, effort, and dedication.

    Brad
     
    Last edited: Sep 16, 2019 at 5:02 AM
  9. zeeshan zahoor

    zeeshan zahoor Established Member

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    thank you for your reply and now my confusion has been gone about cheap .com domains ... well can you tell me how can i find good domains or even expire domains is there any good tutorial on this forum ?
     
  10. zeeshan zahoor

    zeeshan zahoor Established Member

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    thank you for your reply .. yes eric give me very good answer and you too. but if you dont mind can i ask that how to flips domian ?
     
  11. Kpett

    Kpett Established Member

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    @zeeshan zahoor ... the domain business is best learned by reading a lot ,,, and experience. I've written a book on domaining, there's a lot of good advice here on Name Pros in the forums ... a lot to learn when starting your domain name journey. Good luck.
     

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