I have seen the LIGHT!

[BlackCatsAreNice]

Been thinking about my domaining future.

As a general jack of all trades domainer, my past acquisitions have been all over the place.

If a domain sounds good and catchy, I am game for the taking.

But with the eventual price increases, I have decided to focus on ONLY ONE category of domains.

In this not to distant future, I suggest all good and willing hot blooded domainers do the same for your survival.

Pick ONE category of domains that you want to focus on. Specialize instead of generalize.

PROFIT!

 

[NickB]

DON’T PUT ALL YOUR EGGS IN ONE BASKET

"This is a piece of advice which means that one should not concentrate all efforts and resources in one area as one could lose everything"

 

[Henry Y]

Diversification is one of the basics in investment. Putting all in one category is gambling, not investment.

 

[branding]

Pick ONE category of domains that you want to focus on. Specialize instead of generalize.

If that category is 'domains selling like hot cakes' I agree. For anything else, very bad advice.

 

[D Haynes]

It depends how narrow or broad your specialisation is. If you mean your going to specialise in "brandable" domains then sure that can work. Concentrate on made up words, typos and keyword combos etc.

But if you mean to streamline even more and only go for names with a single specific keyword or in a certain niche like VR then you open yourself up for failure.

 

[55Domains]

Bad Advice.

 

[Rhinnnn]

If that category is 'domains selling like hot cakes' I agree. For anything else, very bad advice.

I partially agree with the first part.

I'm nor sure there's any category that guarantees profitable sales for, say, 5-10 years. Or is there? Domainers with 10+ years of experience could weigh in here, maybe with examples.

 

[tldboss]

I diversify, have several sales in different categories mostly finance

See Rob's take https://www.namepros.com/blog/there...o-but-is-diversification-a-good-idea.1188216/

 

[Bob Hawkes]

In the article (thanks for mention and link @tldboss) I tried to give both sides of argument.

I think over specialization is risky (that does not mean you would fail, you might succeed spectacularly if you just happen to hit on the right trend). But I think some degree of specialization on what you know makes total sense, particularly when starting out.

Probably the right starting place is to ask yourself why you are in domain investing, what competitive advantages do your bring, how do you feel risk wise, and what types of domains do you feel passionate about. And then come up with a plan that has a diversification that makes sense with that framework.

Re @Rhinnnn question, I would answer that there is not a category that guarantees profit in a 5 or 10 year horizon, although some bets are much more likely. Part of being a domainer is probably looking at how things are changing year by year, and react accordingly, trying to look ahead. One of the most challenging parts off domaining is that most domain names will not sell for at least years, and it is quite possible that the market will change in that time.

Thanks for the opinions in this thread, everyone.

Bob

 

[Josytal]

Domainging is already a narrow niche. Narrowing it further is simply an overkill. IMHO.
Well, I strive to learn from most successful domainers. Noticed they diversify.

 

[Ategy]

I'm not sure what all you naysayers are going on and on about. I always specialise in one type of domain:

GOOD SELL-ABLE DOMAINS*!


* Although from time to time I buy domains as the end-user .. such as www.SteamieTheHotDog.com

 

[BrandEntrance.com]

I diversify, have several sales in different categories mostly finance

See Rob's take https://www.namepros.com/blog/there...o-but-is-diversification-a-good-idea.1188216/

There are lots of popular categories but not so many available great names. If anyone finds a great name then why wouldn't they just snap it up and put it in a category sale?.

 

[alcy]

It depends how narrow or broad your specialisation is. If you mean your going to specialise in "brandable" domains then sure that can work. Concentrate on made up words, typos and keyword combos etc.

But if you mean to streamline even more and only go for names with a single specific keyword or in a certain niche like VR then you open yourself up for failure.

if u put in the time, research and effort you will succeed in any niche. VR included.
if you do not know what your doing, you will fail in every niche. brandables included.

if you never sold brandables or VR domains or anything else, it means you failed to do your homework and put in the time. translation: the problem is never the niche, and always you... the problem is not domaining or domains, the problem is the domainer.

its that simple. baskets and eggs are a myth.. but a cute one for the easter bunny.

 

[D Haynes]

if u put in the time, research and effort you will succeed in any niche. VR included.
if you do not know what your doing, you will fail in every niche. brandables included.

if you never sold brandables or VR domains or anything else, it means you failed to do your homework and put in the time. translation: the problem is never the niche, and always you... the problem is not domaining or domains, the problem is the domainer.

its that simple. baskets and eggs are a myth.. but a cute one for the easter bunny.

I can agree with most of that sure. You have to put the time and effort in to any venture. The vast majority of the time failure is the fault of the individual.

Some things are outside our control though. You could spend months knowing VR inside and out and invest in VR domains then the market decide that AR is the way to go and your investments up in smoke. A Betamax/VHS if you will.

 

[Josytal]

if u put in the time, research and effort you will succeed in any niche. VR included.
if you do not know what your doing, you will fail in every niche. brandables included.

if you never sold brandables or VR domains or anything else, it means you failed to do your homework and put in the time. translation: the problem is never the niche, and always you... the problem is not domaining or domains, the problem is the domainer.

its that simple. baskets and eggs are a myth.. but a cute one for the easter bunny.

Judging by domains in your portfolio (clicking the link in your sig.), you don't seem to practise what you preach.
Do what I say, not what I do.

...unless those domains I saw are not yours.

 

[iKhalyfah]

But with the eventual price increases, I have decided to focus on ONLY ONE category of domains.

It depends on what you mean by only one category. You mean a specific niche? A specific trend? Brandable? Emd? Geo?

All in all, diversification is the key, every aspect/category is profitable to "certain people", you could be lucky to fall in those "certain people" in various categories, hence advantage of diversification

 

[branding]

I'm nor sure there's any category that guarantees profitable sales for, say, 5-10 years. Or is there? Domainers with 10+ years of experience could weigh in here, maybe with examples.

Some liquid niches seem to have been very lucrative over the past decade. But I'm only talking tier 1 liquids ( 2 or three character/numbers in .com). Maybe 4/5 numbers, don't know for sure. Even LLLL .coms haven't proven to be a safe bet over time.

 

[Jimmysun]

Everyone lives for a purpose, if u think that’s for ur niche then do it, don’t have to listen everyone else saying because everyone is on the different situations, if you’re 80 years old you probably don’t want invest ngtlds cuz that took too long, and some people’s opinion is based on that they reged and hosted them in a landing page and do nothing and just waiting. It would be a good idea to specialize a niche and also build your reputation on that.

 

[branding]

Everyone lives for a purpose, if u think that’s for ur niche then do it, don’t have to listen everyone else saying because everyone is on the different situations, if you’re 80 years old you probably don’t want invest ngtlds cuz that took too long, and some people’s opinion is based on that they reged and hosted them in a landing page and do nothing and just waiting. It would be a good idea to specialize a niche and also build your reputation on that.

If that niche you're specialising in is .com domains I agree. That's a good idea. Unless you're very experienced in domaining it's never a good idea to concentrate on one market. The risk vs reward just doesn't add up.

By limiting yourself to a certain niche, you're also limiting yourself to a certain (limited) number of endusers. That's never a good idea. Cornering a market is, but it is costly and only feasable for people with deep pockets. Again, look at the risk vs reward.

It's better to own a couple of great domains covering mutliple niches than owning a lot of 'just ok' domains in one niche. It takes less time (thus money) to maintain and if you play your cards right it will result in a higher ROI.

Look at the most successful domainers, are they specializing in one niche?

 

[Jimmysun]

If that niche you're specialising in is .com domains I agree. That's a good idea. Unless you're very experienced in domaining it's never a good idea to concentrate on one market. The risk vs reward just doesn't add up.

By limiting yourself to a certain niche, you're also limiting yourself to a certain (limited) number of endusers. That's never a good idea. Cornering a market is, but it is costly and only feasable for people with deep pockets. Again, look at the risk vs reward.

It's better to own a couple of great domains covering mutliple niches than owning a lot of 'just ok' domains in one niche. It takes less time (thus money) to maintain and if you play your cards right it will result in a higher ROI.

Look at the most successful domainers, are they specializing in one niche?

I believe your opinion is wise and brilliant, and what I am saying is that I just don’t consider if there is right or wrong ways, when I invest something I consider something must or most likely to be happened in the particular future timing, the history is a good indicator to predict but I always rethink again in different timing, I believe if someone want to specialize one niche that means he see that is going to be happened, but risk also getting higher.

 

[lock]

I don't actually disagree with him too much on this matter. It isn't exactly one basket as one might think you can maximize same leads. Sure good to have variety but that is more random than you might also think. Just no need to own first best though to tenth best it isn't that kind of basket just related.

 

[wallet2it]

I thought you were talking about the Lord when I first read the title

 

[DrJacoby]

I thought you were talking about the Lord when I first read the title

Lord Greystoke?

 

[wallet2it]

Lord Greystoke?

No I meant God

 

[ThatNameGuy]

Been thinking about my domaining future.

As a general jack of all trades domainer, my past acquisitions have been all over the place.

If a domain sounds good and catchy, I am game for the taking.

But with the eventual price increases, I have decided to focus on ONLY ONE category of domains.

In this not to distant future, I suggest all good and willing hot blooded domainers do the same for your survival.

Pick ONE category of domains that you want to focus on. Specialize instead of generalize.

PROFIT!

On one hand I tend to agree. I'm building a portfolio that caters to specific industry groups like healthcare, financial, realty/builders/contractors and restaurant/food who all have a need for my domains. That said however, since Covid-19 came on the scene, I'm focusing on a new category of domains that emphasize distancing, virtual/online services, and "new normal domains" like takeoutXXXX.com and curbsideXXXXX.com.