Dominion.Domains

Maple.com 100k USD aquisition attempt to compliment .ca portfolio

Labeled as sales in General Domain Discussion started by MapleDots, Mar 6, 2018.

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  1. Kate

    Kate Domainosaurus Rex VIP ★★★★★★★★★★

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    It's true, I remember that red was on sale on another forum a long time ago.

    If the restrictions were lifted this could boost the registrations and the aftermarket. Plenty of American companies could use .ca to promote their products and services up north, without maintaining a legal presence in Canada. But maybe this (free trade) is not something that Cira would want. Many ccTLDs are open nowadays, and the trend is toward relaxing rules, seldom the opposite way.

    If I remember well he bought 5L LLL.ca but it was the leftovers and he dropped them after a few years. Hardly surprising.
     
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  2. Joe Nichols

    Joe Nichols My name is Joe and I am Canadian! VIP

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    As a Canadian, I've always been kind of tempted to build a little .ca portfolio and see what kind of interest I can generate with some targeted outbound.

    I keep hesitating because the limited supply of buyers really scares me. Only 30M people here, and way fewer businesses, many of whom seem to be as happy to use a .com as they are to use a .ca, unless local/regional traffic is important for them.

    I agree with you on the .ca trust factor, though.
     
  3. MapleDots

    MapleDots Domain Properties 2010 - 2018 VIP

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    Your response is exactly why I can sell .ca domains, it is so clear what you are overlooking and I am torn to divulge it to my friends on the forum or keep it to myself.

    Does it work..... yup (y)
     
  4. Josh R

    Josh R Owner of BrandConsultants.com & TheDomainBlog.com PRO Blue Account VIP

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    I love your acquisitions. I think they are really cool domains for development.

    Unfortunately if you're buying .CA in hopes to resell and make a ton of cash, it's probably not a great idea. It's simple Math.
    It's hard enough to sell a .COM which has a 7.5 Billion target market.
    When you look at .CA, you are now targeting 30 million. Most of which are only interested in the .COM.

    I don't think there is any getting away from it.
    .Co.Uk is a very popular extension in the UK, but do you see many significant sales?
     
  5. lolwarrior

    lolwarrior Founder, Brands.International VIP

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    Apparently .ca works for MappleDots ... imo everyone should follow their niche where they feel the best :)
    If one is Canadian and loves .ca, then definitely go for it!
     
  6. MapleDots

    MapleDots Domain Properties 2010 - 2018 VIP

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    @Josh R - If you sell 4 .ca's with an acquisition cost of 10 bucks each for 1.5k each what is the profit percentage? After a few weeks you buy a high profile domain and you sit on it until you can double your money. There will never be another red.ca, sure a red.biz or something but never another red.ca which is as Canadian as it gets.

    I have a group of unpublished domains that I bought up cheap but before I bought them I looked for end users. My outbound system and strategy is so unique that it could not possibly ever be duplicated in .com

    It is so unfortunate that domainers are not seeing the opportunity here.... it is because there is good availability that the sales are easy. OMG I wish I could shout it from the mountain top but I need to make some more money before I tell everyone.

    .ca has a distinct advantage and that is availability..... utilize that to its fullest potential and you can write your own paycheck. Now get on the damn phone and sell it!!!

    How do you sell it? HeHe.... that is easy too if you know the trick.

    Small sales make for big gains (y)
     
  7. DomainVP

    DomainVP Domain Expert VIP

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    I think that what @MapleDots is doing is bold and he is blazing the trail here.

    Remember back in 2013 when buying 4L "chips" for $20 was a "waste of money", some people did it and cashed out as millionaires.

    We are so accustomed to the past dictating our present, but maybe his vision & action will set a trend for Canadian buyers to start securing their .CA domains.

    @MapleDots the amount of work that you are putting into this shows how passionate you are about building this into a successful venture. I hope you succeed and that you receive good blessings coming your way.
     
  8. equity78

    equity78 Top Member TLDInvestors.com TheDomains Staff PRO Gold Account VIP ★★★★★★★★★★

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    Focusing on a niche where many don't want to go can pay off big time. Best of luck. I always wondered why .ca didn't have more sales since so many great domain investors have come from Canada, (Chernoff, Schilling, etc...)
     
  9. wwwweb

    wwwweb Top Member VIP

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    Kevin Hamm, Shaun Pilford, Richard Lau, Yun Ye
     
  10. Domain Shane

    Domain Shane Active Member DSAD.com Staff PRO ICA Member VIP ★★★★★★★★★★

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    I went the same route as you but only went in with $50K. Never got a response at all on Maple.com. Ended up buying SugarMaple. com instead
     
  11. equity78

    equity78 Top Member TLDInvestors.com TheDomains Staff PRO Gold Account VIP ★★★★★★★★★★

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    Yes so many
     
  12. wwwweb

    wwwweb Top Member VIP

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    That is just from one province aka state, those guys alone
     
  13. dande

    dande Established Member

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    As far as .ca is concerned, I don't think there is any spacial info to divulge or not to divulge.

    You have plenty of advises here already. My own advice is: make use of them when you still can
     
    Last edited: Mar 7, 2018
  14. MapleDots

    MapleDots Domain Properties 2010 - 2018 VIP

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    Very nice catch, I think I saw that domain somewhere but I was preoccupied with something else.
     
  15. MapleDots

    MapleDots Domain Properties 2010 - 2018 VIP

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    Forgot to add something here.....

    Deliveroo bought Maple.com right?

    So where are they? I see nothing as far as US is concerned and its been a year. The business motto may work in England or other dense areas of the world but as my link posted earlier the motto cannot be sustained in North America. The distances are to vast to deliver hot restaurant style meals on bikes. Heck it did not even work in New York which is pretty dense. You have cooks, kitchen, staff, bike riders, possibility of car deliveries instead of bikes. Customers wanting refunds due to cold food, spoilage.... OMG I would want no part of that.

    Mark my words Maple.com will hit the marketplace when they need cash, I'll be surprised if it does not. Then its a matter of everyone looking to see who will pull the trigger. It might eventually be a bid from china that wins it because MapleStory is so huge there. I sold a few Maple Domains to China so I have an idea about that market.

    I asked for the domain because I figured Maple might still own it and maybe they would need the funds to pay off some debts. That is why I came in at 100k usd, I figured I had one kick at the can to sneak in the back door. Little did I know so many people were thinking the same :xf.smile:
     
  16. Joe Nichols

    Joe Nichols My name is Joe and I am Canadian! VIP

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    I get what you're saying. The smaller market also means way less competition for you... You buy at reasonable prices, hoard the good names, and market them aggressively.

    I love your brand, and love that you're succeeding with .ca. I'm just too green to venture into it. :)
     
  17. MapleDots

    MapleDots Domain Properties 2010 - 2018 VIP

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    What if I told you that you could start with 1 domain and make money right away?

    OK here goes.... I am going to use my sample domain...

    As mentioned several times in this topic.... a lot of Canadians already use .com's

    Bingo !

    Here is a typical .com which I use as an example because I did not make a great effort with it, I use it as my teaching domain.

    Restaurant in City one has domain BurgsBarandGrill.com with an email of [email protected]

    Now to the good part where everyone says the .ca's don't sell. Great I love it because that means I can get it. When burgs first opened the domain burgs.ca was taken so hence the burgsbarandgrill.com

    Now the burgs domain comes up on the drop list and I look at it as interesting, I google burgs and match it to potential clients. If I have at least 3 potential clients I register the dropped domain.

    Email to possible clients

    I notice you have the domain:

    BurgsBarandGrill.com with an email of [email protected]

    I currently have available...

    burgs.ca with an email of [email protected]
    For a small fee of $1,500 I can transfer the domain to you and you can have both running at the same time to assure no disruption to your business.

    If that does not sell it I make a quick logo burgs.ca and superimpose it on a picture of their menu or another piece of their advertisements.

    If that still does not work I call the manager and tell him the $1,500 fee is a 100% tax deduction if they put it in their advertising budget.

    Domain sold

    Wash, rinse, repeat

    So you see .ca's work because they are available. Everyone that argues that a lot of businesses already have a .com just shows how we are not doing our job. They have very poor .coms and we can give them very good .ca's.

    Lesson done.

    PS. What percentage gross profit is that on a $10 registration?
    Bet you can't do that with a .com. The availability of .ca's make it the strong point, not the weak point as most domainers think.
     
    Last edited: Mar 7, 2018
  18. platey

    platey Active Member VIP

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    Deliveroo is only worth about $5bn

    Based in the uk

    Founder is will shu who should be in forbes rich list the next time its updated eg the founder is comfortably worth $1bn +

    Will shu is on twit I think
     
  19. alcy

    alcy Active Member VIP

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    sounds like a prety well defined strategy. how many times would you say this has worked for you? and also, how many times was it attempted but failed.. any success % to share? cheers.
     
  20. MapleDots

    MapleDots Domain Properties 2010 - 2018 VIP

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    I have been in sales all my life but I run 4 businesses so time is limited. When I apply my strategy it is highly dependant on being able to communicate with the person in charge. If I get to that person then the close is very easy.

    I am leaving out two key points in the strategy because I don't want to jeopardize my business but one should be able to apply my example and do well. There are also two styles of businesses where I am having phenomenal success with this but again I cannot divulge that because it is my business motto.

    Make your own, blaze a path, the rough outline is contained in my post. You have to tweak it to your strength and find your niche but I can make far more money fast on a .ca instead of waiting years to make it once on a .com.

    However still does not believe it, well, I guess there will always be those. I just wonder if they're able to procure 20k + domains with their profits :xf.smile:

    @Josh R - I did that for you because it does not have to be tons of money, it just has to be something you can repeat (y)
     
    Last edited: Mar 7, 2018
  21. hookbox

    hookbox Active Member VIP

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    Hard to believe a guy pumping .ca that just bought a domain specifically to sell .ca. When I first read the post I was wondering what the angle was and now its obvious.

    There's a reason all these heavy hitter Canadian domain investors invested in .com and not .ca. 😀
     
  22. MapleDots

    MapleDots Domain Properties 2010 - 2018 VIP

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    Yup and that market is not attainable for noobs anymore. A few very inexpensive .ca domains and a bit of time one can make some good coin.


    PS. There are a lot of heavy hitters investing in .ca's lately, the wholesale market on these domains is increasing exponentially. I'm shocked that domains I could have picked up a few months ago are now all registered. A few bigger sites like domainbrothers, emall etc are sure snapping up a bunch. I smell some mini hugedomains coming out soon.
     
  23. Joe Nichols

    Joe Nichols My name is Joe and I am Canadian! VIP

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    Yeah, I can definitely see the merit in what you're saying. Might have to try my hand at selling a few.
     
  24. jaydub

    jaydub Da Chef VIP ★★★★★★★★★★

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    It is changing upwards. I am getting more interest than I have for some time..(y)

     
  25. dande

    dande Established Member

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    How many have you sold? Or is your business thriving on just getting interests?
     

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