If You Were Starting As A Domainer Today...

[Domain Detective]

If you were starting as a domainer today, what would you do to start turning a profit. The reason I ask is that the domain market is always changing and some opportunities are no longer available. So where are the hot areas now to target?

 

[iowadawg]

First thing I would do is read all the threads on namepros about starting out in the domain business.

 

[biggie]

If you were starting as a domainer today, what would you do to start turning a profit.

:talk:

if i could still know what i know, i'd do the same thing i did when i first started.

if i had to start now, dumb as a doorknob, then i'd set-up a brand and start my own side-show....


like a blog, an appraisal site, be a broker, a seo guy, a logo designer, a website builder, a wordpress builder, an app builder, a script writer, a content writer, build an expired listing service, a keyword tool, a tool tool, an auction bid/watcher, niche' domain sales marketplace, etc.

cuz most of those didn't exist when i first started.

So where are the hot areas now to target?

:talk:


for a small fee, i'll tell ya

 

[-NC-]

If you were starting as a domainer today, what would you do to start turning a profit.

I would set aside a very specific amount of money for domaining, and make a pact with myself that once it's gone, no more domains. Then I would withdraw every dollar and take it to the track.

 

[SpareDomains]

would do it exactly the same, pick up expired .com drops that make business sense, start a few profitable sites to keep me busy and profit rolling in to allow me to be patient and reject low ball offers and only sell to end users

only difference is I would have started the profitable sites few years earlier as most of my developed projects happened in the last 2-3 years which is the reason I kinda stayed away from forums in the last year+ as busy developing, now have a nice network of profitable sites built and still open to building more or buying others sites, work load is now almost caught up so going full throttle back into domain sales mode very shortly

 

[JamesDavid]

I would stay away from hand-regging.. I would take whatever money I wanted to invest into domains and buy no more than 5 high quality .COM domains (1 if my budget was low, 5 if I have alot of money)

Right now you can find deals out there of quality .com domains. I would make sure the first .com i bought was something i was knowledgeable and passionate about and I would develop, develop, develop.... until I was making a very good profit every day/month off the site. then i would move onto the next one...

What I never did but I see SOOO many newbies do is run out and register every possible domain they think will be worth a million bucks... (example: UVcoatedDeerAntlersandStuff.com) thinking they were the first person in the last twenty years to think of this killer search term and now everyone will realized they missed out when they could of hand regged it two days before and will pay big bucks for their mistake...

Plus if you buy 5 quality domains, you renewal costs will be $40/year... you will never blow your profits on renewing a large portfolio...

 

[DU]

Forge your own path. Make your own mistakes. Get a real primary job.

There's not a lot you're going to learn at Namepros or DNF. :imho:

 

[Theydon]

I'd start by listing the things you are interested in/know about, then reduce the list to the things you are really interested in, then imagine you could only have one thing on that list, what would it be. 'Stalk' the industry associated with that thing, make it your niche and find opportunity - it will exist but may take some time to show itself.

 

[{Mike}]

Go niche. That's what I do. I'm not getting a lot of money, but it works, and the payoff is great when you find a enduser. Also, if you can I'd try sex with niche keywords, it's very profitable.

 

[DU]

I'd try sex with niche keywords

It's probably better with a human.

 

[lincolndsp]

too hard, do not know if i'd even persevere if started today
there's easier ways to make money than in domaining

 

[Fonzie]

I probably wouldn't.

The intellectual skillset required to succeed in domaining now could be applied to several, drastically more lucrative pursuits.

Early on, you could've been a relatively shrewd amoeba and succeeded at domaining, as evidenced by a lot of the domain millionaires minted early on who rose from the ranks of garbagemen and used car salesmen. Its not that way anymore. Now, to succeed at domaining, you have to be one of those people who succeed at whatever you choose to do; if you're such a person, why fritter away your skills on this?

That's why when you examine the domaining landscape today, it looks like it does. Neither the chiefs nor the indians are much worth listening to. How many 'domain bloggers' write regularly from the vantage of authority yet haven't ever executed a five figure sale in their lives?

The short of it is this.
If you're smart enough to succeed in domaining now (and there is indeed money to be made at this) then don't waste any time here and go apply your talents elsewhere. You'll make more money. The few people who do this as Post 2003 come-lately's and actually make real money (as opposed to all the dreamers making pretend, imagination money) are either cases of wasted talent, or like me, too pathetic and lazy to take the higher path.