Mike Mann Puts All 300k Domains Up For Sale With BIN Prices

Discussion in 'Domain Industry News' started by Silentptnr, Dec 4, 2017.

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  1. Kate

    Kate Thinking inside the Box™ VIP ★★★★★★★★★★

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    This is just the Icann tax. The cost paid to registry is more like $7.85 for a .com if I'm current.
     
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  2. Recons.Com

    Recons.Com Business Member Business Account VIP

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    How is it "all 300K with BIN", if about 35% of them say "Request Price"?
     
  3. nbuzz

    nbuzz Established Member

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    he would have to sell 41 names a day for 20 years to get rid of all 300k :O

    Some good ones in there but having to pay out 3m in reg fees every year would be criminal, surely he must be bringing in at least 4/5m to make it worth the while, 5 million a year at 5,000 average per sale would require 1000 sales... possible but not easy work
     
  4. domeen

    domeen Active Member VIP

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    Here we go again.
    Belive me I know.
     
  5. stub

    stub Top Member VIP ★★★★★★★★★★

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    You think he doesn't have a brand already? I think he could never sell that bunch of average-to-rubbish domains to GoDaddy. Admittedly there are some nice domains there, in the minority. C'mon 20-45 character domains ain't going to sell really quickly. Any of those that appeal to anybody, are going to be looking for shorter equivalents. He needs to sell 1 $50K+ domain a week to just cover his renewals. I think that's a tall order. Even for him. It doesn't look like a viable business proposition, from where I'm sitting. I try to keep my portfolio under 10 characters.
     
    Last edited: Dec 4, 2017
  6. stub

    stub Top Member VIP ★★★★★★★★★★

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    I doubt it. It would be the biggest con in the history of domaining.
     
  7. Silentptnr

    Silentptnr PRYCR.COM Business Account VIP

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    I wouldn't want to *have* to sell 50k each and every week to break even. That's some serious pressure in any business let alone with domain names.

    He probably has long term registrations in place. He probably bought 5 or 10 years at the time of registration.

    Even still, with 300,000 domain names, that's a huge nut to cover.

    Funny thing is, to have 300,000 domains you just need to acquire about 820 domains a day for one year.....I could do that. :)
     
  8. stub

    stub Top Member VIP ★★★★★★★★★★

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    Like:-

    001MadnessIsADiseaseOfTheBrain.com
    002MadnessIsADiseaseOfTheBrain.com

    :)
     
  9. offthehandle

    offthehandle Nunca creer sin informar de todo. Business Account VIP

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    Shameless self promotion. But I like it. The more tweets about secondary market domains, makes more end users snoop around other websites. I just wish there were more secondary market sellers who rank in the serps.

    Anybody know besides the well known registries and portfolio owners who ranks at least page 3 to 5 in google as a small independent? I have never seen any when I looked.
     
  10. offthehandle

    offthehandle Nunca creer sin informar de todo. Business Account VIP

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    50k Overhead like that is huge for this business imho. Didn’t he tweet he was looking for outside investors? Thought someone posted that here awhile back.
     
  11. ksusha64

    ksusha64 Business Member Business Account VIP

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    He should drop 99% of the names and become profitable. Huge majority of them are worthless, but he gets lucky sometimes with uneducated buyers paying 20 k for worthless name. Its a numbers game or hoarding issue? You decide.
     
  12. Silentptnr

    Silentptnr PRYCR.COM Business Account VIP

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    Matter of fact i think he did.
     
  13. Silentptnr

    Silentptnr PRYCR.COM Business Account VIP

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    Someone once said domains can be addicting. :)
     
  14. offthehandle

    offthehandle Nunca creer sin informar de todo. Business Account VIP

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    Hurry, Somebody send him a check. Lol. :xf.smile:
     
  15. Soofi

    Soofi DomainX™ PRO Business Account VIP

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    I can help you be there in no time :) Ask me how!
     
  16. Soofi

    Soofi DomainX™ PRO Business Account VIP

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    You can get a discount without the volume as well. Stay in touch :)
     
  17. platey

    platey Active Member VIP

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    Money can't buy time

    Time doesn't need money

    At some point he'll either have to pass them on or sell up or let them all expire etc

    I would have thought if gd or donuts put the right dough on the counter in a lump sum to buy the portfolio as a whole I reckon it would be difficult to turn down
     
  18. Kingslayer

    Kingslayer Business Member Business Account VIP

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    300,000 domain names, that's crazy!

    That's probably around $2.5-2.7 million in renewals per year, i know Mike Mann makes some nice sales, but is he making that much?
     
    Last edited: Dec 4, 2017
  19. Recons.Com

    Recons.Com Business Member Business Account VIP

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    Too much garbage there and pricing is very random too! Some names close to 6 figures that many wouldn't pick at a drop...
     
  20. TC27

    TC27 Established Member

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    It's a second job just to manage all these 300k domains...
     
  21. Mister Funsky

    Mister Funsky Active Member VIP

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    Epik has the lowest registration fee I know of at 8.10 if you prefund your account (that is what I paid on the last prefund). That price is good whether you buy one or a thousand .coms.

    Someone else said it already, but there is a bottom number for domain registration from ICANN that is about 7.80 or so (unless it is a below cost price from a reseller to hook unsuspecting domainers into pay per change, stupid high cost renewals, etc. gimmicks).

    Yep, Mike knows what works. If you don't ask for a higher sale price, you wont get it.
     
  22. Silentptnr

    Silentptnr PRYCR.COM Business Account VIP

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    I can't even scroll the whole list in one sitting.
     
  23. KhaledA

    KhaledA Established Member

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    Most of the names list are of poor quality /crappy !!!
     
    Last edited: Dec 4, 2017
  24. wot

    wot Top Member VIP ★★★★★★★★★★

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    The domain market is crapping out and not slowly, as pointed out simply a sign of the times. Other big names will/are offloading no doubt.
     
  25. DnEbook

    DnEbook DnEbook.Com VIP ★★★★★★★★★★

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    That's what I have always thought ...... wonder why not ?
     

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