discuss I want to express my problems...

[UIunique]

Hi to everyone,
Note: I sharing this thread only to express my journey and problems which i am facing right now. I want someone to share his or her opinion regarding earning regular income of 100 to 300 dollars from domains selling.
Please keep on reading it:
I have started my domaining journey 3 months ago. during this period i have registered 6 domains:
* 3 domains in .com
* 3 domains in .xyz
During this period i read namepros beginner resources, different blogs and learn practical use of different tools. I also try my best to regularly scan and valuate GD auction domains list by using different tools as mentioned in beginner resources.
I listed 4 domains on afternic but they are not yet verify by afternic.
I was motivated in the beginning but i now i started to loose motivation because of following reasons:
1. After viewing different domains i can say this business is truely for people with big money and i misunderstood this.
2. Yes, there is require lot of experience and it is long journey but i am 36 year unmarried person with no other specific passion in life and i need money to survice and to get marry.
3. What i understand by reading experience domain investors threads and guides that they are not telling you real strategies involve in domain investment and their guides seem like for very beginners. (sorry from my side if anyone here hurt from this sentence but it is my opinion which i try to share).
Thanks for anyone reading this but i welcome anyone share his or her thoughts regarding earning 100 to 300 dollars on monthly basis.

 

[NickB]

There is no magic bullet

You have to do your own research, learn from your mistakes and try and mitigate risks by building up a good quality portfolio

If you don't have a lot of liquidity, you could save up and buy 1 really good domain instead of hand registering inferior ones.....

Time and patience are important - start to think in years, not days and months......

To make a monthly income you will need to build a fairly large portfolio of good quality domains......You only have 6 domains

I don't think you need loads and loads of money to be successful, people have different expectations to what "success" is.......money helps, but there is still a lot of good domains to be had at a reasonable price.....you just got to learn what they look like

No one is going to give a road map......your going to have to work it out as you go........

GL

 

[UIunique]

There is no magic bullet

You have to do your own research, learn from your mistakes and try and mitigate risks by building up a good quality portfolio

If you don't have a lot of liquidity, you could save up and buy 1 really good domain instead of hand registering inferior ones.....

Time and patience are important - start to think in years, not days and months......

To make a monthly income you will need to build a fairly large portfolio of good quality domains......You only have 6 domains

I don't think you need loads and loads of money to be successful, people have different expectations to what "success" is.......money helps, but there is still a lot of good domains to be had at a reasonable price.....you just got to learn what they look like

No one is going to give a road map......your going to have to work it out as you go........

GL

Thanks for your reply nickb but for beginners like me there is need of extra need because i do not know lot of technical stuff like i do not know of registrar landers and their implementation, and other stuff as well.
i think for someone very beginner should know very much about technical stuff.

 

[NickB]

Thanks for your reply nickb but for beginners like me there is need of extra need because i do not know lot of technical stuff like i do not know of registrar landers and their implementation, and other stuff as well.
i think for someone very beginner should know very much about technical stuff.

I remember when I sold my first domain on Sedo......I didn't have a clue what to do, I came on here and had a read and Googled it as well.....before that is took me an hour of reading to know how to list the bloody things on various marketplaces and be comfortable and confident in doing it......then the eternal struggle on how to price them started and is ongoing.......

Landing pages are pretty simple, you just need to know how and where to point your domains (nameservers) again a quick Google search throws up all you need to know....as long as you know the question....

Everything you need to know is out there, including the technical stuff.... you just have to read up on it......

 

[AEProgram]

This business is for people with a lot of money, time and a HUGE AMOUNT OF LUCK!

Obviously I will not mention that you need the knowledge about domains, without that, you have no chance.

If you want to make money with domains, consider helping others with great domains at low prices sell them. As a broker you could make 20-25% if you do outbound.

 

[NickB]

This business is for people with a lot of money, time and a HUGE AMOUNT OF LUCK!

Obviously I will not mention that you need the knowledge about domains, without that, you have no chance.

If you want to make money with domains, consider helping others with great domains at low prices sell them. As a broker you could make 20-25% if you do outbound.

How is someone going to help someone sell a premium domain when they don't know anything to start with.......that's just a recipe to encourage front running and spam......

 

[UIunique]

This business is for people with a lot of money, time and a HUGE AMOUNT OF LUCK!

Obviously I will not mention that you need the knowledge about domains, without that, you have no chance.

If you want to make money with domains, consider helping others with great domains at low prices sell them. As a broker you could make 20-25% if you do outbound.

Thanks for your reply and sharing good points but i think for beginners there is need to have mentor because there are lot of things you do not know how to handle. how to approach with this business. Otherwise you will waste your time and money

 

[WillW]

1. After viewing different domains i can say this business is truely for people with big money and i misunderstood this.
2. Yes, there is require lot of experience and it is long journey but i am 36 year unmarried person with no other specific passion in life and i need money to survice and to get marry.
3. What i understand by reading experience domain investors threads and guides that they are not telling you real strategies involve in domain investment and their guides seem like for very beginners. (sorry from my side if anyone here hurt from this sentence but it is my opinion which i try to share).
Thanks for anyone reading this but i welcome anyone share his or her thoughts regarding earning 100 to 300 dollars on monthly basis.

1. You don't need "big" money to invest in domains. It really just comes down to investing in the right domain names at the right price (I usually try and acquire names with the goal of 10x my purchase price. $500 acquisition price for $5k asking price). To figure out what names will sell and when/when not to purchase a domain, that does come down to experience and research).

2 & 3. Domain investing is not a get-rich-quick investment. There are a lot of real strategies on here that have helped me but there aren't any instant success guides. This industry requires patience and there's no timetable when any domain will sell, even if it's an amazing name. If you need money to survive and are looking for domains to solve that, this will be a tough industry to accomplish that, at least at first.

My recommendations:

1. Realize that domains aren't a get-rich-quick investment
2. Figure out the amount of money you can afford to spend on domain investing
3. Figure out what types of names sell (look at domain sales @Namebio.com)
4. Acquire names at the right price
5. Set up a landing page & put your names on marketplaces (Afternic, Sedo, SquadHelp)
6. Be patient & continue steps 1-5

 

[biggie]

* 3 domains in .com
* 3 domains in .xyz

Hi

simple question: what are the names?

imo...

 

[okaydomains]

Short answer: you need more money so you can acquire better names. If you hand reg names you'll need to think of a niche/brand that no one else wants and then let the market grow into it - that can take years and is very difficult.

If you have $3-500 you can buy a decent name in an auction this week. I'd probably work on getting income some other way until you can afford that.

With so few names (6) in your portfolio it will take many years to sell anything, and you may never sell them. And like @biggie said, we need to know the names. There's a lot of names you will literally never sell.

If you are willing to do outbound sales, you might be able to sell a Geo domain for $500 or so. Something like NewarkGutters.com. But you'll have to aquire a good name first, and it's still no guarantee you can sell it. Try to find a city name with 200k+ people and a popular industry (gutters, plumbers, roofing, insulation, etc). There's probably nothing good available there either but you might catch something dropping.

This is a hard business and it takes a big portfolio to have regular income. Getting $2-300 month in profit might take many years, or never happen. It's easy to lose a lot of money quickly in this business.

 

[DomainNature]

You can try hand reg good domains at registrar offered discount, then sell them from 10 to 20 or 30 USD per domain. So if you reg it cheap at registrar which most of times is below 10USD you can make profit out of this, I did not try this method but it may be worth doing.
I think that the domains I hand reg this 3 years thinking that they will sell with thousands, may end up selling like that.
I can hand reg very good dropped domains every day, but the harsh truth is that no one needs them, that is why they drop and available to hand reg.
The Youtube, Twitter, Discord, Facebook, Linkedin, Tiktok and the new AI crap that everybody talks, stole from people the interest of building websites.
Big domain sales is nothing until the website is developed and resolves, even if it's voice,com that sold for 30Mil OMG who visits it, phantoms?
Let's be serious, domaining was already dead in 2019 maybe even earlier.
Also this guys on NP's say the other forum is dead, but I can count most active users here on my fingers, not talking of AI bots, soon only bots will be active in the forums talking about domaining witch each other.

 

[biggie]

witch each other

Hi

what, no warlocks?

imo...

 

[VadimK]

The key point is to look at domaining as an investment, not business or side income. Investment - and everything that goes with it - research, knowledge, a bit of money (although not as much as many think) and lots of time and patience.

Do you really ready to invest in names, keeping them for years, maturing the good ones and dumping bad stuff, mastering skills in picking and researching? Then go ahead, you are in the game. Chances are you may be rewarded sooner than you think.

But if your idea starts making money ''pretty quickly'' - that's not for you, you'll be disappointed.

I also think people that are really successful in domaining, develop a passion for the names, either right away or as time goes by.

 

[1Darko]

Hi to everyone,
Note: I sharing this thread only to express my journey and problems which i am facing right now. I want someone to share his or her opinion regarding earning regular income of 100 to 300 dollars from domains selling.
Please keep on reading it:
I have started my domaining journey 3 months ago. during this period i have registered 6 domains:
* 3 domains in .com
* 3 domains in .xyz
During this period i read namepros beginner resources, different blogs and learn practical use of different tools. I also try my best to regularly scan and valuate GD auction domains list by using different tools as mentioned in beginner resources.
I listed 4 domains on afternic but they are not yet verify by afternic.
I was motivated in the beginning but i now i started to loose motivation because of following reasons:
1. After viewing different domains i can say this business is truely for people with big money and i misunderstood this.
2. Yes, there is require lot of experience and it is long journey but i am 36 year unmarried person with no other specific passion in life and i need money to survice and to get marry.
3. What i understand by reading experience domain investors threads and guides that they are not telling you real strategies involve in domain investment and their guides seem like for very beginners. (sorry from my side if anyone here hurt from this sentence but it is my opinion which i try to share).
Thanks for anyone reading this but i welcome anyone share his or her thoughts regarding earning 100 to 300 dollars on monthly basis.

Thanks for sharing. It would be interesting to hear how you have got the idea to start buying domain names in hope to resell them. There must have been some trigger for you? Maybe there lies the answer to the root of your problems.
There are definitely a lot easier ways to make 100 to 300 dollars earnings per month than domaining. You probably should think about to get a regular job.

 

[StartupsBrandsCom]

Hello,

What i understand by reading experience domain investors threads and guides that they are not telling you real strategies involve in domain investment and their guides seem like for very beginners.

The key point is to look at domaining as an investment, not business or side income.

That is a nowadays reality not just for domaining but for almost any online entrepreneurship startups, it is opportunistic on many sides - at introduction is educational, with the learned skills becoming strategical marketing and later if successful is as entertainment industry. And that stands as already said for most online activities that is substituting existence of the regular jobs : self employed business : freelance part-time working, in the greatest ever online world wide competition.
So, the chances are better as approaching domains to provide the prospective business value, as with website specially optimized content that maintained could return to business some benefit of the 10's or 100's times paid value over the initial registration fees, so it is not just about additional address/brand for company/publisher, their marketing specialists and management are interested in getting a metric value gain for the business by using acquired domain name.

 

[lovely4ever]

What i understand by reading experience domain investors threads and guides that they are not telling you real strategies involve in domain investment and their guides seem like for very beginners. (sorry from my side if anyone here hurt from this sentence but it is my opinion which i try to share).

In your first step when you suceeded to realise a fact/assumption that the information provided in threades for you are not up to the standard and for beginners only ! that means you did hard work of reading and reasearching and analysing, and your level is above begginers now !
So now you are in second step to start digging and researching for solutions and strategies to develop and upgrade your knowledge and experience to the higher levels . Nothing is easy, it is a long journey .. !

.

 

[Bob Hawkes]

It is frustrating, particularly at the beginning.

I listed 4 domains on afternic but they are not yet verify by afternic.

Do you mean that they did not allow you to list them, because someone else has them wrongly listed, or do you mean they were not verified for fast transfer premium network? Only the .com are eligible for FT at Afternic, not the xyz, and you must wait until after 60 day lock, so if you listed them in first 60 days, with some registrars you will never get the verification email. Delete them and relist now that the 60 day is past. Also, it depends on your registrar though. They need to be at a registrar that supports FT premium. If you meant they did not list them at all, send an email to service at Afternic with a screen capture showing the name in your account and ask them to take down the old listings.

i need money to survice

I don't think you should think of domain investing as a way to make living money. Perhaps sometime years away it might be, but for now concentrate on other jobs that will give you regular income. A typical domain name has 1 chance in 100 of selling by the end of one year, so you really can't, even with many more domains than you currently have, plan on a regular income. As was mentioned by @VadimK above, it is better to think of domains as an investment, that might go up or down in value, rather than an income.

his or her thoughts regarding earning 100 to 300 dollars on monthly basis.

As noted above, I don't think it is feasible to think of domain names as a regular monthly income, at least not in early years and starting with limited funds.

I hope things work out for you, but I think you need to change your mindset to not expect a regular income from domains. I hope you have other options, and best wishes.

-Bob

 

[UIunique]

I really thankful for all the people from bottom of heart to taking time for replying. There are good suggestions people have expressed here.
I think i need clear plan about how much i need to survice in this current situation and circumstances.
I post this thread in the hope of draw attention of senior people.
Best domain i think i have is
t/o/p/s/o/u/n/d/a/d/v/i/c/e/(.)com
what you people think about i this domain.

 

[Bob Hawkes]

I won't provide a specific appraisal, but for 3-word domains to have success they need to be a very natural phrase, or in some way catchy, unique or superior.

To assess how natural the three word phrase is, do a Google search of the three words in quotation marks "word1 word 2 word3". This only gives results of exactly that phrase. There is no magic number of results, but most very natural phrases will be at least in many hundreds of thousands of results, if not millions. I was not impressed with the number for your phrase.

It is subjective to evaluate catchy, but for unique, see how many sort of similar words you could replace one of those by, and still have a similar meaning. In a few minutes I determined that the word t/o/p could be replaced by peak, finest, excellent, superior, finest and apex, all available to hand register. The question is whether your leading word is better than any of those. I am not suggesting you register those to tie up the market!

Your phrase has meaning applicable to several areas such as business consulting, educational guidance, life coaching, training, and perhaps literally around audio or sound. That is all good, but how many would go to this particular combination is the question.

One additional thing you should do is to see what different first word plus your two second words are currently registered, and which are for sale. You can start that with dotDB, and scroll through the 380 results to see how many are similar to your own. Then see which are developed or for sale, and asking prices. I think you will have difficulty selling, since the extra word at front does not really add much.

The GD appraisal will show you some similar structure names, and there are a number of 3-words starting with t/o/p that have sold for decent prices, and is good. NameBio will give more comparators, and include the dates.

I also looked on HosterStats to see if others had tried out the name. It was registered from 2000-2002, but then not until you hand reg it in November.

The TMs on second two word combination might restrict potential users, since it probably might be hard for them to TM an expression for the same classes that included a shorter form already TM. This is not legal advice, as I don't know, and am not qualified to offer legal advice. I suspect it depends on the degree to which they rule the longer as different. Just one more thing to consider.

-Bob

 

[okaydomains]

Best domain i think i have is
t/o/p/s/o/u/n/d/a/d/v/i/c/e/(.)com
what you people think about i this domain.

Sorry, but I don't like it. Three keyword domains have to be a meaningful phrase to sell (e.g., BuryTheHatchet). This seems to be a SEO play at best, because its definitely not brandable.

"Sound advice" is a way to say for "good advice", but the adding "top" to the front kills the value there. No one says "top sound advice" in real life.

"Top Sound Advice" could be a review site for audio products. But there's plenty of available names of this quality that are just as good / better and available for free. Your target buyer for this meaning would probably be someone like this:

https://www.sound-advice.online/

Clearly that website owner doesn't put any value on domain names, though.

I don't think you'll ever sell this name at any price. Since you have it though, I'd price it at $199 and see if it sells in the next year. I would not renew it.

 

[Anthonyb5615]

Hi to everyone,
Note: I sharing this thread only to express my journey and problems which i am facing right now. I want someone to share his or her opinion regarding earning regular income of 100 to 300 dollars from domains selling.
Please keep on reading it:
I have started my domaining journey 3 months ago. during this period i have registered 6 domains:
* 3 domains in .com
* 3 domains in .xyz
During this period i read namepros beginner resources, different blogs and learn practical use of different tools. I also try my best to regularly scan and valuate GD auction domains list by using different tools as mentioned in beginner resources.
I listed 4 domains on afternic but they are not yet verify by afternic.
I was motivated in the beginning but i now i started to loose motivation because of following reasons:
1. After viewing different domains i can say this business is truely for people with big money and i misunderstood this.
2. Yes, there is require lot of experience and it is long journey but i am 36 year unmarried person with no other specific passion in life and i need money to survice and to get marry.
3. What i understand by reading experience domain investors threads and guides that they are not telling you real strategies involve in domain investment and their guides seem like for very beginners. (sorry from my side if anyone here hurt from this sentence but it is my opinion which i try to share).
Thanks for anyone reading this but i welcome anyone share his or her thoughts regarding earning 100 to 300 dollars on monthly basis.

You don’t need that much money unless your looking to buy expensive names! Let’s say you buy a good name and it only costs around $20 a year to keep it registered! Don’t make the mistake of not renewing good names is one tip! I lost Chicago traffic attorney.com because my credit card expired and lost interest!
But I was really broke at the time! But I never tried to sell the name! If you have really good name pay ahead for registration!

 

[Revisiting]

i am 36 year unmarried person with no other specific passion in life and i need money to survice and to get marry.

Hi Ulinique,
I think from your target income of $100 to $300 a month and your other comments we can all fairly well assume your area of origin. Even registering six domains probably takes a chunk out of any current income.
I honestly don't think domains are for you. It really is just little more than a playground for most with money to burn. Sure we all have our own little successes, Some more than others. But it really is a poor investment for those on a low income. You read like an intelligent person with a fairly good understanding of English. Why not look into other areas (possibly online) where you can see a more immediate return on your time and efforts. I'm sorry but you've been mislead by the stories of quick returns from domains.
Wishing you all the best

 

[magnificentdomains]

I think regular income with a portfolio that size is unrealistic. You really need volume in this business unless you are selling one word dot coms. Achieving volume does unfortunately require significant investment and time. Reading your post it may make more sense to cut back on the amount of time you are spending in this niche to say a few hours / week. This could then simply be a side project you dabble in. You can slowly build out your portfolio like a collector and get a nice sale here and there when the right buyer comes along for one of your domains. It's a neat hobby because you also have the option at any time to launch a new project on one of these domains you hold. Good luck!

 

[DomainNature]

Domaining is more of a gamble when hand registering fresh potato domains, you are basically buying lottery tickets and waiting when the lucky number will fall, I already have more than 3 years of hand regs but the lucky ticked did not arrive yet.
Investing is when you buy great old domains at high prices, those which have allot of bidders in auctions.
The question you should ask yourself is "do i m ready to gamble my hard earned money into this (potato) tickets?" and answer yourself honestly. If the answer is yes then proceed and learn allot of topics here on NP's and other informative resources, before you buy more longer potato domains, but if the answer is no, then you may be lucky in some physical industries, like for example growing potatoes for real.

 

[lock]

Until you have a buyer in mind you are a collector. Your problems are the same as others which is turn over. The business of not just acquiring best name to suit business but selling domains. The business is of skill and luck and to make most of opportunity.