It Looks Easy...

[itlookseasy]

Hey guys,
Been lurking for a week or two, and haven't really had many questions I couldn't find the answers for (great forum). There is so much to know about this business, and just like my handle, it looks easy (but it's not).

I was first interested in domains about 10 years ago, but life got overwhelming and I unfortunately let everything expire and gave up on the dream. Well, life has been a ride since then to say the least, and now I'm in a transition. Financially I'm at an all time low ( I made $0.00 last year), I sleep on a cot, and live primarily on PB&J and water. (Don't judge me haha) I've managed to get a couple broken old thinkpads off craigslist and fix them, took some youtube tutorials, and started designing and selling vector graphics online. I'm now taking the very little bit of income I get from that, and investing in domains with my hammy-down laptop. Luckily I eat cheap and my cot is portable. I hope one day I can thank some of you in my future success story

I'm trying to be picky with the names I hand register since my whole life is starting from literally ZERO, but I'm sure I'm already making mistakes. I have a book with around 1600 available names I found in the last week or so. I really need to figure out how to sell most of all. So far it's a bit daunting, and I still need to make my first sale. It's like I'm scared of the outcome good or bad. What I really need is a mentor. Or someone to say, look at this, this is how we make money. If only it were that simple.. HA

Anyway, time to cut the novel short. Thanks for reading, and I hope to meet some of you creative geniuses in the future.

Some coms I registered in the last week: Deadful, RiffClass, PVTinvestigate, Motocroz, Namefam

-William

 

[itlookseasy]

Welcome William!

Thanks for sharing a little about yourself. Sounds like a peaceful, simplistic existence. I like it.

I will tell you this, study what sells every day.

Your budget will limit the types of domains you can buy. So carefully search for available names that can sell quickly here on NP for a profit.

Do not register names that won't sell. I would give you examples of good available names but others will register them if I post them.

Also, perhaps use Dynadot or a registrar where you can Grace Delete (cancel and get refund) so that if you get one, and it's not good, you can get some money back.

Also, if you can get say 5 decent names, you can do a bulk auction which might do quite well here.

Lots for you to learn about the selling part, but it takes some time.

Best of luck! You'll do fine.

Thanks for reading and replying! A peaceful existence it is. Couldn't have it any other way, that's why I'm here seeking to increase muh peace.

When you say study what sells every day, is there some resource to see every domain that sells across the web? Or would I have to watch the market at multiple sites? Or just here? As far as selling, should I be listing everywhere? Or just a select few sites? I know I'm going to have to initiate some outbound sales at some point in the near future (once I figure out how to pitch a domain and I have something worthy).

I just used dynadot for riffclass, and pvtinvestigation and debitcards cc., in your opinion are they refund-worthy? Or have any potential? Seemed to be the cheapest around, and the free privacy sucked me in, but I can see how privacy is counterproductive for sales.

I need to watch more and learn about these auctions, I did notice some people having luck selling in bulk though, not a bad idea. I guess I just need to sell something so I can keep moving forward and not stagnate in a pool of rotting letters.

Thanks for your help, it is greatly appreciated.

 

[itlookseasy]

Welcome William,
Last year I made also zero. I am entering domain sector SEP 2017.

Haha Thank you for that! Now I don't feel so lonely and awkward.

 

[DaveX]

Thanks for reading and replying! A peaceful existence it is. Couldn't have it any other way, that's why I'm here seeking to increase muh peace.

When you say study what sells every day, is there some resource to see every domain that sells across the web? Or would I have to watch the market at multiple sites? Or just here? As far as selling, should I be listing everywhere? Or just a select few sites? I know I'm going to have to initiate some outbound sales at some point in the near future (once I figure out how to pitch a domain and I have something worthy).

I just used dynadot for riffclass, and pvtinvestigation and debitcards cc., in your opinion are they refund-worthy? Or have any potential? Seemed to be the cheapest around, and the free privacy sucked me in, but I can see how privacy is counterproductive for sales.

I need to watch more and learn about these auctions, I did notice some people having luck selling in bulk though, not a bad idea. I guess I just need to sell something so I can keep moving forward and not stagnate in a pool of rotting letters.

Thanks for your help, it is greatly appreciated.

Yes, Dynadot (DD) is good for Grace Deletes. I think you get 150 or 160 hours to cancel for a partial refund.

As for sales, yes, check out domaining.com. Every day you will see a link to the Namebio Daily Sales Report, or you can just go directly to namebio.com each day to see what sold the day before.

Here's todays:
https://namebio.com/blog/daily-market-report-for-march-16th-2018/

And here is a link to a compilation of tools that we all use...
https://www.namepros.com/threads/i-use-this-tool.1008978/

 

[itlookseasy]

Yes, Dynadot (DD) is good for Grace Deletes. I think you get 150 or 160 hours to cancel for a partial refund.

As for sales, yes, check out domaining.com. Every day you will see a link to the Namebio Daily Sales Report, or you can just go directly to namebio.com each day to see what sold the day before.

Here's todays:

A HA.. I see. Thanks a lot, that's exactly what I need. That helps tremendously.

 

[DaveX]

You're part of a family now. Ask anything and you will get answers. Just try to find the answers yourself first. That way you learn much more.

 

[itlookseasy]

You're part of a family now. Ask anything and you will get answers. Just try to find the answers yourself first. That way you learn much more.

That means a ton! I try to avoid asking anyone in this world for help, it's been one of the hardest struggles in my life, but I enjoy the struggles.

 

[DaveX]

That means a ton! I try to avoid asking anyone in this world for help, it's been one of the hardest struggles in my life, but I enjoy the struggles.

Struggle reminds us to appreciate what we have and what we have earned.

 

[itlookseasy]

Struggle reminds us to appreciate what we have and what we have earned.

I can't say I regret anything. I'm right here right now.

 

[DaveX]

I can't say I regret anything. I'm right here right now.

You actually could say it, but no reason to.

 

[Nikhil Jain]

All the best there! Surely it will be a good journey ahead with the right research and implementation.

Welcome

 

[itlookseasy]

All the best there! Surely it will be a good journey ahead with the right research and implementation.

Welcome

I love that positive encouragement. I'm making the journey, got nothing to lose. The "right" research is what I need most. There's so much to weed through..

Thank you!

 

[lambo.com]

I think hand regging is a tough gig with considerable risk. Lots of $10 annual renewals sure add up fast.

If I was you, knowing what I know now, I'd save up a bit and build a small position in some choice cryptocurrencies. Especially those where you can stake or even get a masternode. (revenue stream)

At least with crypto it is instantly liquid, with huge potential for increase (if you pick the right ones).

Lots of people here dislike cryptocurrencies but people like me will be selling to them in the 2020's when they finally get it.

Having nothing to lose can be a very positive thing if channeled correctly. Wishing you well.

 

[Rinkuji]

It Looks Easy ... Welcome Bro ..

 

[itlookseasy]

I think hand regging is a tough gig with considerable risk. Lots of $10 annual renewals sure add up fast.

If I was you, knowing what I know now, I'd save up a bit and build a small position in some choice cryptocurrencies. Especially those where you can stake or even get a masternode. (revenue stream)

At least with crypto it is instantly liquid, with huge potential for increase (if you pick the right ones).

Lots of people here dislike cryptocurrencies but people like me will be selling to them in the 2020's when they finally get it.

Having nothing to lose can be a very positive thing if channeled correctly. Wishing you well.

Yeah it seems like it can be a bit tuff, but man also fun, kinda like diggin for peanuts! Slightly expensive peanuts..

I'll take your advice and learn about crypto. I've been putting it off for too long, it's on the list of things to learn, but first I'm squealing through this curve haha. I'll get there.

Thanks for that advice, I'll definitely look into it soon.

 

[itlookseasy]

It Looks Easy ... Welcome Bro ..

Hey thank you for the welcome! I appreciate it!

 

[DOMAIN ILLUMINATI]

ʬʬʬELCOME @ nP

 

[itlookseasy]

ʬʬʬELCOME @ nP

▲ Thank you!

 

[BrandMart]

Welcome aboard buddy.

Spend time analysing the domain industry, frequently asking questions and flipping for small profits.

It’s the small profits that drive this dynamic industry. As you make more flips, you’ll learn to keep what can go for good amount in future and what to sell quick.

Keep in mind. No one is an expert. All of us are learning something or another each day.

Good luck!

 

[CrocodileDundee]

Thank you for that. All great tips I will use.

As far as the end users I imagine RiffClass being used for guitar classes, a youtube channel of short guitar riffs? Maybe a guitar blog? Motocroz I think of as a dirtbike/motocross company. Now who my customer is exactly, I'm trying to figure that out haha. Do you think someone experienced could turn a profit on those names? If you think they're complete trash it wont hurt my feelings, I'm not attached. (in my opinion!)

As far as privacy, I guess a PO box is my next purchase? Or is it ok to leave your home address in the WHOIS?

I appreciate the guidance, thank you!

When it comes to hand registering domains I try to keep it as niche and straight forward as possible, I.E - DenverMovers .com - SeattlePianoTuning .com etc etc Riffclass and Motocroz are not the worst domains in world particularly as some of your first reg's but I don't think they will sell (not anytime soon anyway). You might have to sit on those domains for 5 or so years just to get an inquiry - those are brandable type domains which are a bit of a lottery. It's very unlikely you are able to handreg anything of substantial value nowadays so it's better to focus on domains which have a very clear end users available that you can try reach out to via email and make a nice return on.

Most people just leave their personal information for everyone to see, althought you probably will get spammed with phone calls from people trying to sell your websites etc.. which happens to everyone

 

[itlookseasy]

Welcome aboard buddy.

Spend time analysing the domain industry, frequently asking questions and flipping for small profits.

It’s the small profits that drive this dynamic industry. As you make more flips, you’ll learn to keep what can go for good amount in future and what to sell quick.

Keep in mind. No one is an expert. All of us are learning something or another each day.

Good luck!

Solid advice. When you say small profit I imagine you mean 50-500 range. I do agree I need to start selling something at least to get my beak wet. Then never look back, just keep steaming forward.

I will remember that. I do realize the market can be unpredictable, so it's a constant learning game. I like that about this industry.

Thank you for that, and thanks again to everyone else. You all make me feel welcome, and have inspired me to buckle down and pay real close attention to detail. Everyone's tips have been gold.