"Made-up" domain sales are heating up.
I have been picking up on a recent sales trend that I'd like to share. Over the past few months, or so, I have made thousnds of dollars selling made-up, brandable domain names. I have had over 100 name sales, primarily, in .com but, interestingly enough, sales have, also, been good in the other tld's and .us- somewhat, surprising considering the name group- and an encouraging sign for the potential of this category. Sales in this category have, significantly, outperformed all other name categories. In fact, my income from sales in this category more than tripled the profits that I realized from all of my LLL, 3Char and prime keyword domain name sales *combined* and my sales in those groups haven't been too shabby. So, all of you domainers out there who have been registering "made-up" domains, take heart. If my, real world, success and several of the recent sales I've seen at Sedo and Afternic are indicators, than it looks like the market is picking up some speed and I project that there is a very bright future ahead for the category.
But let's not get ahead of ourselves. Before, I list some of the names that I've sold, reveal my methods for creating and locating good "made up" names and outline the techniques that I use to locate and target the right endusers, I have a secret to disclose. The paragraph above is a hypothetical example of an unsubstiated claim that presents the appearence of being backed up by facts and figures. Here is a breakdown of one of the, several, possible scenarios that this claim,"accurately" represents:
1) "Over the past few months, or so..." - What does this mean? 4 months? 7 months? 11 months? Let's interpret this as 11 mos.
2) "thousnds of dollars" - $2000, $5000, $50,000 ? Let's go w/ $2000.
3) "over 100 name sales"- how many over 100? Let's go w/ 101.
4) "primarily, in .com but, interestingly enough, sales have, also, been good in the other tld's and .us, - somewhat, surprising considering the name group... ". This could mean that there was one .net sale one .us. and 99 .Com sales. What is surprising is that there were any non-.com sales in this category, at all.
5) "sales in this category more than tripled the profits that I realized from all of my LLL, 3Char and prime keyword domain name sales *combined*'" Hmm... What, than, were the profits that were realized from LLL, 3 char and keyword name sales and how many names were sold? Profits could have been anywhere from $0 on up. Lets go w/ just under 1/3 of the $2000 we assigned to the total income of made-up name sales or $665. Let's interpret this statement as a $665 sale of a .us LLL.
All of the values assigned remain true to the parameters of the description and are, therefore, "accurate". If our interpretation is correct, the claim being made would mean that during the past 11 mos, our hypothetical domainer sold 101 "made up" domains for $2000, (roughly, $1.98/name) and had a $665 sale of an LLL .us name. Of the 101 names, 99 were .com, 1 was a .Net and 1 was a .US. I am willing to bet that this is not the picture that came to your mind, after reading the opening paragraph of this post.
Although this "real world" example is based upon "fact" there are so many possible ways that the information can be interppretted that tthe "facts" are, essentially, useless. For the purpose of analysis, my breakdown of our hypothetical domainer's claims went to the extreme end of possibility and it is doubtful that anyone would twist their facts to support their conclusions in such a blatant manner. It's not, usually, the big, black lie that will deceive and mislead you. It's all of those liitlle white ones.
There isn't a day that goes by that I don't see an opinion or an assertion that has been drawn from a conclusion that is based upon the dubious interpretation of information and is, than. proclaimed to be, unequivocal, fact. Questioning, challenging or requesting a poster to expand on their assertion is, more often than not, met with a cry of, "Foul!" or with no answer, at all. There are dozens of examples of this in threads that I have been active in this week, alone. I would provide you with links but, because the practice is so widespread, it would be unfair to single out any, one, particular member. Once you know what to look for, it won't be difficult for you to find your own examples or, if necessary, drop in on some of the threads I have been participating in, take a look around and draw your own conclusions. You might, even, be able to find an example that exposes me slipping up, as well. :hehe:
I have been picking up on a recent sales trend that I'd like to share. Over the past few months, or so, I have made thousnds of dollars selling made-up, brandable domain names. I have had over 100 name sales, primarily, in .com but, interestingly enough, sales have, also, been good in the other tld's and .us- somewhat, surprising considering the name group- and an encouraging sign for the potential of this category. Sales in this category have, significantly, outperformed all other name categories. In fact, my income from sales in this category more than tripled the profits that I realized from all of my LLL, 3Char and prime keyword domain name sales *combined* and my sales in those groups haven't been too shabby. So, all of you domainers out there who have been registering "made-up" domains, take heart. If my, real world, success and several of the recent sales I've seen at Sedo and Afternic are indicators, than it looks like the market is picking up some speed and I project that there is a very bright future ahead for the category.
But let's not get ahead of ourselves. Before, I list some of the names that I've sold, reveal my methods for creating and locating good "made up" names and outline the techniques that I use to locate and target the right endusers, I have a secret to disclose. The paragraph above is a hypothetical example of an unsubstiated claim that presents the appearence of being backed up by facts and figures. Here is a breakdown of one of the, several, possible scenarios that this claim,"accurately" represents:
1) "Over the past few months, or so..." - What does this mean? 4 months? 7 months? 11 months? Let's interpret this as 11 mos.
2) "thousnds of dollars" - $2000, $5000, $50,000 ? Let's go w/ $2000.
3) "over 100 name sales"- how many over 100? Let's go w/ 101.
4) "primarily, in .com but, interestingly enough, sales have, also, been good in the other tld's and .us, - somewhat, surprising considering the name group... ". This could mean that there was one .net sale one .us. and 99 .Com sales. What is surprising is that there were any non-.com sales in this category, at all.
5) "sales in this category more than tripled the profits that I realized from all of my LLL, 3Char and prime keyword domain name sales *combined*'" Hmm... What, than, were the profits that were realized from LLL, 3 char and keyword name sales and how many names were sold? Profits could have been anywhere from $0 on up. Lets go w/ just under 1/3 of the $2000 we assigned to the total income of made-up name sales or $665. Let's interpret this statement as a $665 sale of a .us LLL.
All of the values assigned remain true to the parameters of the description and are, therefore, "accurate". If our interpretation is correct, the claim being made would mean that during the past 11 mos, our hypothetical domainer sold 101 "made up" domains for $2000, (roughly, $1.98/name) and had a $665 sale of an LLL .us name. Of the 101 names, 99 were .com, 1 was a .Net and 1 was a .US. I am willing to bet that this is not the picture that came to your mind, after reading the opening paragraph of this post.
Although this "real world" example is based upon "fact" there are so many possible ways that the information can be interppretted that tthe "facts" are, essentially, useless. For the purpose of analysis, my breakdown of our hypothetical domainer's claims went to the extreme end of possibility and it is doubtful that anyone would twist their facts to support their conclusions in such a blatant manner. It's not, usually, the big, black lie that will deceive and mislead you. It's all of those liitlle white ones.
There isn't a day that goes by that I don't see an opinion or an assertion that has been drawn from a conclusion that is based upon the dubious interpretation of information and is, than. proclaimed to be, unequivocal, fact. Questioning, challenging or requesting a poster to expand on their assertion is, more often than not, met with a cry of, "Foul!" or with no answer, at all. There are dozens of examples of this in threads that I have been active in this week, alone. I would provide you with links but, because the practice is so widespread, it would be unfair to single out any, one, particular member. Once you know what to look for, it won't be difficult for you to find your own examples or, if necessary, drop in on some of the threads I have been participating in, take a look around and draw your own conclusions. You might, even, be able to find an example that exposes me slipping up, as well. :hehe:
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