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

 

[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......

 

[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

 

[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.

 

[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.

 

[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......

 

[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

 

[vinothayyavu]

My Advice will be same as Name inbox. Find a job first earn and start investing in Domaining Slowly.

Domaining will take time to succeed . keep accumulating good names over 2 years(Atleast 50 .com)

It took me 4 years to get real profits out of domaining , But I had a job which I could manage my expense .

I had 3 big sales within 3 months which balanced 4 years of investment + profit. Even one domain sale can solve your entire prob. So patience is the virtue.

 

[vinothayyavu]

well done bro.
Your success and strategy cannot be applied to everyone due to demographic factor !
All my respect, I can assume you are based in a city or village in india , So the lifestyle and expenses totally different (cheaper) , So what you call it profit or big sales could be a fraction to someone living in San Francisco or London or Sydney or New York or Toronto .

.

Thank You Bro. I am living Chennai India, Which is a Metro city but where the rent of 2BHK is bedroom around 170$ a month and other expense will be around 300$ . So with max 800$ in hand we can live somewhat lavish life in a entire month. So it's cheaper compare to other cities around the world (San Francisco or London or Sydney or New York or Toronto .). So if I make even 1500$ domain sale that's a jackpot for me.

Also i am a IT professional earning around 1000$ dollar a month. Initially i had great difficulties in investing in domaining, So went on accumulating slowly like 20 domains a year.

So people living in India can make huge difference out of domain selling, due to cheaper living cost for now.

 

[AEProgram]

Thanks for your detail reply.
I daily analyze GD auction iist but i unable to find suitable domain. All good domains with decent traffic taken by big money players having access to paid services and other ai tools.

I want to start in domaining with low budget with aim of steady income from domain parking and selling.
If you can give me some advice about selling .xyz domains or list them for parking purpose.

getting involved in this business with a low budget is like buying a lotto ticket. The difference is, with a lotto ticket you will know a lot faster if you won or lost.

You are right, if a name is good it usually will be picked up by people with big money and people with low budgets have no chance.

There are things you can do that are less risky if you have a low budget, for example, affiliate marketing.

 

[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.

 

[RozasMD]

Just a couple of comments to add, I hope you find them useful.

First, you do need to read before doing anything. I mean, read a lot. You do need to learn how this domaining world works before spending a dollar. It's an advice you see time and again from seasoned domainers. And it's a really good advice. Take several weeks or a couple of months of reading and researching before spending your first dollar.

Second, be realistic. A regular portfolio will probably get a 1% - 1.5% of sales on a year. So if you want to sell one domain every month and you do the math, that means you'd need a 800-1200 domain portfolio to sell 12 domains on a given year.

Enf that doesn't mean you'd sell a domain every month. you might sell three ona given month and then spend three or four months without a sale. Patience is key.

And please, be realistic about it.

 

[AEProgram]

Thanks for your positive reply. Please answer these questions.
* what matter most: high traffic low cpc kw or low traffic high cpc kw for domain parking.
* If high cpc with decent traffic kw available in .xyz, . online etc. unknown extensions. then we can register domain in these extentions for the domain parking.
* when we analyze "who is" data for domain then what key factors should we look at like ip address, hosting etc.
* For beginner what domain parking service is good to start.

What matters most is what traffic will actually click through on ads. If I knew this when I started out domaining, I would have made millions just from parking.

As an example, a friend has a domain that gets about 2500 hits a month for the keyword programming jobs (and python programming jobs etc.) The name he has was once an active site and websites still link to it that rank high for programming jobs. He makes about 95 cents per click but gets less than 10 clicks a month even though the parking lander has the words Programming Jobs in Your Area, as the first link. Do you know why? People that know how to program are tech savvy and can spot a lander fast and just go back. So what are his 2500 monthly hits worth? about 10 dollars.

If he ranked high for moving jobs and got the same volume and ppc, he would probably gets 250 clicks and earn 250 a month. The people the lander would attract are probably much less tech savvy and would just click on the link on the lander that said Moving Jobs in your Area.

The other type of lander that gets clicks is one that people visit under stress. If your lander gets traffic from someone looking for a 24 hour plumber or locksmith, these people click anything, they might even download some exe and gets their entire network infected.

So rule number one is, think about what will get clicks before you worry about how much traffic or the CPC. Traffic and CPC will not matter a lot if the visitors will just hit back on their browser.

If you should focus on CPC or Volume, that is really based on your goal. If your goal is just building income off parking, you must understand why the page is getting the hits? Is it from one old site linking to it? Is it from many? Is it a typin? If your goal is to sell the name, having one that gets a lot of hits for a specific list of keywords or from certain sites can help you sell the name on platforms like flippa. For some things, flippa is ok.

This leads to your other question about extensions. If your traffic is from old links, extensions do not matter. All you care about is the traffic and the income from parking. Non .com's do not get typin traffic unless someone is making a mistake. Nobody will try to find an electrician by typing in NearbyElectricians.io very few would even type this in with a .com.

Whois data for what reason?

Parking companies is bodis first choice for a fast setup and after that parkingcrew, gd, sedo. If you have a lot of domains with good traffic you can try services like above.com.

Just a warning. You need to make sure that the domain you buy really is getting traffic. Just seeing random linkbacks does not mean a lot because many people hire spam services to spam their link everywhere but they get no traffic and it's possible google banned the domain too.

You want genuine traffic for keywords that users would click on. Not easy to find but slowly you can build a nice portfolio.

 

[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.

 

[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

 

[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!

 

[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.

 

[Sjpals]

It is all very demotivating. I have over 150 domains. In 9 months I have sold 2 domains ($60 total). This does not cover the renewals. I am getting rid of a load of domains and just keeping my favourites and will develop them.

 

[Revisiting]

It is all very demotivating.

Indeed, or It can be viewed as a reality check. Your experiences in domaining are probably much closer to the norm than the Sales reports would lead you to believe is a reality for everyone.

After 23 years tinkering in domains, I'm still at it. I do wish I hadn't gone in so heavy handed at the beginning though. I've never really analyzed my whole history in domains. It's probably close to around $120,000 spent and an equal amount in sales. But, the vast amount of that expenditure came about in the first 2 to 3 years when I really didn't have a firm grip on what made for a good domain.

Now with hindsight (and I don't mean based on sales reports) I've learnt to understand, How not to undersell, What really makes for a decent domain, How to control the urge to buy and many other aspects. I do think there's lessons to be learned, from experience of those of us that have been around a while. Trouble is Not many are willing to share their mistakes.

The one plus point for me, is that I still hold around a hundred domains that I value. But 20 years is a bloody long learning curve. Yes, I'll always downplay the unrealistic expectations of many because that is my experience. And I do think I'm much closer to the norm of long-term domaining in general.

My educated guesstimate of domaining is around 80 % of those involved lose money and that percentage is rising all the time as experienced domainers dominate the market.

 

[NameInbox]

It is all very demotivating. I have over 150 domains. In 9 months I have sold 2 domains ($60 total). This does not cover the renewals. I am getting rid of a load of domains and just keeping my favourites and will develop them.

Dropping domains is a part of this business*. Probably each domain have went through it.
*Business - activity at your own peril and risk for profit.

keeping my favourites

Yep, most of businessmen are emotional, but true businessman is unprincipled(horror personalities), they don't have favourites.
It's very good that You have favourites(humanity emotion)

 

[biggie]

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

Hi

simple question: what are the names?

imo...

 

[UIunique]

I have read all the comments in this thread that i started.
I think i need to read one of the greatest book of all time:
"Think and grow rich" and other amazing books regarding success and motivation.
I think anything can be possible if you have belief in yourself.
Thanks to all for their healthy comments.

 

[biggie]

witch each other

Hi

what, no warlocks?

imo...