NameSilo

Lifetime domain profits

Labeled as poll in General Domain Discussion started by MarketingStrategies.com, Mar 15, 2018.

Replies:
46
Views:
4,155

?

What is the approx. total profit/loss you have since you started domaining?

  1. -$25,000+ (lost $25k or more)

    29 vote(s)
    5.8%
  2. -$15,000 to -$24,999 (loss)

    10 vote(s)
    2.0%
  3. -$5,000 to - $14,999 (loss)

    23 vote(s)
    4.6%
  4. -$500 to -$4,999 (loss)

    49 vote(s)
    9.8%
  5. -$499 to $500 (small or break even)

    99 vote(s)
    19.8%
  6. $501 to $5,000 (profit)

    85 vote(s)
    17.0%
  7. $5,001 to $15,000 (profit)

    43 vote(s)
    8.6%
  8. $15,001 to $25,000 (profit)

    21 vote(s)
    4.2%
  9. $25,001 to $100,000 (profit)

    53 vote(s)
    10.6%
  10. $100,001 to $500,000 (profit)

    42 vote(s)
    8.4%
  11. $500,000+ (profit)

    46 vote(s)
    9.2%
Total: 500 vote(s)
  1. MarketingStrategies.com

    MarketingStrategies.com Upgraded Member Gold Account VIP

    Posts:
    989
    Likes Received:
    1,589
    A poll to assess any domainer profits after paying our renewal fees and writing off costly mistakes.





    Related:
     
    The views expressed on this page by users and staff are their own, not those of NamePros.
  2. lock

    lock Traffic.tools VIP

    Posts:
    1,872
    Likes Received:
    1,768
    Whether your good or bad at domaining it doesn't count assets or allow to value assets so the best domainers might be always showing a loss called turn over and reinvesting.
    If every time you made a k you reinvested it then you will continue to show a loss to tax man.
     
    Last edited: Mar 15, 2018
  3. Pierre Barnard

    Pierre Barnard Active Member VIP

    Posts:
    1,743
    Likes Received:
    2,775
    So 2 very rich people on the forum then....or they clicked the wrong radio button :xf.grin:
     
  4. lock

    lock Traffic.tools VIP

    Posts:
    1,872
    Likes Received:
    1,768
    The top earners wont tell or even click.
     
  5. MarketingStrategies.com

    MarketingStrategies.com Upgraded Member Gold Account VIP

    Posts:
    989
    Likes Received:
    1,589
    this poll has 30 votes so far, very interesting data.

    You'll be able to see when you vote if haven't already.
     
  6. hawkeye

    hawkeye Top Member PRO VIP ★★★★★★★★★★

    Posts:
    4,174
    Likes Received:
    2,547
    And the low earners will claim to have made the most. Polls are so easy to manipulate. ...whatever.
     
  7. MarketingStrategies.com

    MarketingStrategies.com Upgraded Member Gold Account VIP

    Posts:
    989
    Likes Received:
    1,589
    I have more faith in the good people of NP. To lie about something like this only hurts how you feel about yourself.
     
  8. MarketingStrategies.com

    MarketingStrategies.com Upgraded Member Gold Account VIP

    Posts:
    989
    Likes Received:
    1,589
    Noone can be alone by selecting any of the options.

    Domainers are all across the spectrum, no value has 0 votes at this point.
     
  9. hawkeye

    hawkeye Top Member PRO VIP ★★★★★★★★★★

    Posts:
    4,174
    Likes Received:
    2,547
    Sure, in the 'good' people. However... Que sera!
     
  10. Coinking

    Coinking Upgraded Member Blue Account

    Posts:
    1,776
    Likes Received:
    796
    I earn small profit because i enter in domain industry last 3 months
     
  11. alcy

    alcy Active Member VIP

    Posts:
    14,564
    Likes Received:
    20,912
    polls are anonymous

    one needs to be seriously deranged to lie on anonymous poll lol
     
  12. Anjani

    Anjani Established Member

    Posts:
    253
    Likes Received:
    325
    A per the poll so far , the majority seem to be making profits, it's contrary to every thing i have read so far but is heartening to see:xf.smile: maybe a tad skewed cause of the sample size.
     
  13. Recons.Com

    Recons.Com Active Member VIP

    Posts:
    4,814
    Likes Received:
    8,639
    If one considers up to $5K lifetime a profit...

    Above 5K lifetime, it is only about 2/5, and only 1/8 is above $100K.

    Again, this are lifetime numbers. Someone who would have worked at McDonald's for 5 years at minimum pay could have reported $100K+ for the period.
     
  14. alcy

    alcy Active Member VIP

    Posts:
    14,564
    Likes Received:
    20,912
    yes, but you gotta admit domaining is way more fun than burger fliping
     
  15. Recons.Com

    Recons.Com Active Member VIP

    Posts:
    4,814
    Likes Received:
    8,639
    Sure. The thing is the skill level of many is more suitable for burger flipping, no offence to those.

    To be successful in domain investments, you need a decent level of few major skills.
     
  16. MarketingStrategies.com

    MarketingStrategies.com Upgraded Member Gold Account VIP

    Posts:
    989
    Likes Received:
    1,589
    I know some nuttah's among us have started thinking about burger flipping domains. I'll be harsh if I see them in the appraisal section :xf.laugh:
     
  17. alcy

    alcy Active Member VIP

    Posts:
    14,564
    Likes Received:
    20,912
    but........ they're both called flipping no?
     
  18. MarketingStrategies.com

    MarketingStrategies.com Upgraded Member Gold Account VIP

    Posts:
    989
    Likes Received:
    1,589
  19. Fancy.domains

    Fancy.domains Golden bull of names Gold Account VIP

    Posts:
    5,518
    Likes Received:
    6,890
    I don't want to be rude or so, but sometimes I wonder why some people continue with their domaining without a profit.

    Is it really fun enough to do it year after year without a profit? Ok, I understand that everyone are looking for "that big sale", but anyway?!
     
  20. alcy

    alcy Active Member VIP

    Posts:
    14,564
    Likes Received:
    20,912
    domaining is fun.
    selling domains is even funner
     
    Last edited: Mar 16, 2018
  21. Fancy.domains

    Fancy.domains Golden bull of names Gold Account VIP

    Posts:
    5,518
    Likes Received:
    6,890
    Sure, be able to catch a great name or sell one is exciting. But personally, I would never do it without a profit.
     
  22. Anjani

    Anjani Established Member

    Posts:
    253
    Likes Received:
    325
    Throwing good money after bad is an universal problem. You kinda lose your senses once you are down under (more of an ego issue and requires financial discipline to call it quits)
     
  23. trelgor

    trelgor Established Member

    Posts:
    494
    Likes Received:
    327
    I domain for profit. Down the road. And last year. Probably this year too. Because you never now when you might have to check out. (And when Huge Domains will flock to your rotting carcass).
     
    Last edited: Mar 16, 2018
  24. Addison

    Addison Established Member

    Posts:
    732
    Likes Received:
    1,564
    Over seven figures (lifetime) for me.
     
  25. MetBob

    MetBob Active Member VIP

    Posts:
    1,635
    Likes Received:
    2,743
    It's an interesting poll. It appears that the majority are somewhere between small profit and small loss, which is not unreasonable if the majority are in essence in it as an interest as opposed to a significant part of their income.

    I personally am risk averse, which means that I don't plan to put much other money in. By the same token, as I make small sales all of that is put back into more domains, so I will never probably show much of a profit if that is how we interpret profit.

    The Q was asked by @Fancy.domains why stay in if you are not making profit.

    I think there are several reasons:
    (a) You find it fun. Most hobbies take time and money without expected return.
    (b) You have lost some and (in a typical gambling way) feel determined to win it back to prove you have it together.
    (c) You believe that you have something to offer a wider community by helping them get great names.
    (d) You want to change the field, for example, by helping promote domain name phrases, or using domains in some unique way, or a certain set of extensions.
     

Want to reply or ask your own question?

It only takes a minute to sign up – and it's free!

Share This Page

Lysted
  1. NamePros uses cookies and similar technologies. By using this site, you are agreeing to our privacy policy, terms, and use of cookies.
    Dismiss Notice
Loading...