- Impact
- 2,455
The consensus is stop hand registering names! I just read 99% of hand regs are worthless. Even if that is hyperbole, the broader point is most are not valuable. I have no issues with that sentiment or opinion. I probably would agree that hand regs from recent times are not all that valuable!
I wanted to start a discussion though about the topic. I am about 7g in. Not all hand regs!! That is a lot of money. If I could go back to 12/04/16 I would have bought 10 names or so from aftermarket! Fortunately I am an educator so my livelihood does not depend on this. From my perspective, I made several critical mistakes early on. I will say I registered for 2 years almost 100 domains. I probably added privacy to about 50-75 of them. That alone is probably close to an additional 1100ish dollars. Complete waste. As a newbie then and now, it does irk me that GoDaddy would allow me to register names that are clearly trademark concerns, though I had no idea that was an issue with domains . . . And then when I go to list them for sale they reject them bc of trademark concerns. GoDaddy is wrong for that.
If I posted my domains today, regardless of what you think . . .they would be 100x worse without you all here at NamePros, and that is a fact! I can't go back I can only go forward. I can learn from my mistakes. I will say this, and I mean no disrespect to the Pros that do this well and make money. No disrespect to anyone, but especially those Pros. I think that some times there is a lack of imagination and creativity here. And by here, I mean with domainers broadly. I have some terrible names. Where I probably differ with most here, is I see a lot of improvement in my names. If I mess up and hand reg 100 names and they all suck, like really suck, that is a loss of $599 with eWallhost. That isn't nothing! If I take that same $599, I can buy 1-2 nice 4L. And they are liquid, so lets say I purchased 2 4Ls for 599, I think chances are a year from then I am safely in the 500-600 range minimum. So it is either no loss or -100 . . . and in year 2 it is $12 to renew! With those hand regs worse case scenario that is realistic is they all drop and I'm out 599. That is a big hit. And if say 20 are decent now, 80 drop and renew 20 at 120, so I'm 719 in. Since Im completely speculating here I won't say 20 sold for 100 and I live happily ever after. Lets say 5 sell for 100 a piece. That almost recoups first year.
Anyways, I just wanted to say that at the least that has been my thought process. So like last night I was excited as hell to reg BikeCosts.com. I could not believe it was available. I picked up a few other bike related domains. Shocked. Today I picked up cash4smartphones.com. Im not saying I am selling all of these for XXXX or even high XXX. And maybe for you all, it isn't worth your time if you can't make XXXX or XXXXX on a domain. For me I would be disappointed for 1XX for the domains I mentioned above. I think 4-5XX is where I feel like a success on those specific names. 3xx eh. less than 3xx, still a profit, but disappointed!
Have I made sense, even if you think Im nuts?
I wanted to start a discussion though about the topic. I am about 7g in. Not all hand regs!! That is a lot of money. If I could go back to 12/04/16 I would have bought 10 names or so from aftermarket! Fortunately I am an educator so my livelihood does not depend on this. From my perspective, I made several critical mistakes early on. I will say I registered for 2 years almost 100 domains. I probably added privacy to about 50-75 of them. That alone is probably close to an additional 1100ish dollars. Complete waste. As a newbie then and now, it does irk me that GoDaddy would allow me to register names that are clearly trademark concerns, though I had no idea that was an issue with domains . . . And then when I go to list them for sale they reject them bc of trademark concerns. GoDaddy is wrong for that.
If I posted my domains today, regardless of what you think . . .they would be 100x worse without you all here at NamePros, and that is a fact! I can't go back I can only go forward. I can learn from my mistakes. I will say this, and I mean no disrespect to the Pros that do this well and make money. No disrespect to anyone, but especially those Pros. I think that some times there is a lack of imagination and creativity here. And by here, I mean with domainers broadly. I have some terrible names. Where I probably differ with most here, is I see a lot of improvement in my names. If I mess up and hand reg 100 names and they all suck, like really suck, that is a loss of $599 with eWallhost. That isn't nothing! If I take that same $599, I can buy 1-2 nice 4L. And they are liquid, so lets say I purchased 2 4Ls for 599, I think chances are a year from then I am safely in the 500-600 range minimum. So it is either no loss or -100 . . . and in year 2 it is $12 to renew! With those hand regs worse case scenario that is realistic is they all drop and I'm out 599. That is a big hit. And if say 20 are decent now, 80 drop and renew 20 at 120, so I'm 719 in. Since Im completely speculating here I won't say 20 sold for 100 and I live happily ever after. Lets say 5 sell for 100 a piece. That almost recoups first year.
Anyways, I just wanted to say that at the least that has been my thought process. So like last night I was excited as hell to reg BikeCosts.com. I could not believe it was available. I picked up a few other bike related domains. Shocked. Today I picked up cash4smartphones.com. Im not saying I am selling all of these for XXXX or even high XXX. And maybe for you all, it isn't worth your time if you can't make XXXX or XXXXX on a domain. For me I would be disappointed for 1XX for the domains I mentioned above. I think 4-5XX is where I feel like a success on those specific names. 3xx eh. less than 3xx, still a profit, but disappointed!
Have I made sense, even if you think Im nuts?
The owner is smart to move it fast IMHO.
