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Domaineri

Established Member
Impact
26
Hey friends,

I entered the domains world in June 2021. I was very enthusiastic and within a few months, I purchased several hundred domains.
The thing is, I haven't sold a single one. Yes, I know the STR is low, and patience is the 'name of the game' (or at least one of them), but I don't have much time to wait for the big sales. I need to sell some of them, and I don't know where to start.

All of my domains are on Dan and Afternic, and I'm a little worried that I've appraised them too high.
What should I do? Should I try to sell them on GD auctions? Should I sell them on namePros for a lower fixed price? I understood that there is also an option to sell in bulk, but I couldn't find the way to do that.

Any advice will be much appreciated!
Thank you very much!
 
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The views expressed on this page by users and staff are their own, not those of NamePros.

The Durfer

Wesley SweatmanTop Member
Impact
16,885
well, of course, there is the saying live and learn. You can sell on namepros or on godaddy auction but the point is you will have to still wait for the dream of domaining and selling big domains unless you invest in bigger domains to begin with instead of hand regged domains. The thing with hand regged domains is they have to mature and age like wine. The internet has to get use to them and intertwine with them and couple with them. Its not an overnite success by no means. Your probably doing what 98% of us were doing and that was buying a big amount of hand regs at first and expecting someone to go wow, i cant live without this domain and you get a sale. The buyer researches also and looks to see what is rite for their company not just another domainer investing as well. That is where namepros comes in and discount sales. Namepros is a group of domainers, a community if you will, that works to better the domaining environment on the net. We delve into different niches and have our little squabbles over what is gold and what is crap but overall it makes for a strong community. Anyways, i diverge, the thing is namepros is a great place to pick up a domain at a discount if you will but also a loss to the seller usually. GD auctions has a minimum value involved in the mind of the buyer and aged domains do better there. You are doing fine with how you are reacting if you want to stick with it. Takes anywhere from 2 - 5 years to get into the swing of things anyways in domaining. GL. Happy Holidays. :)
 
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Domaineri

Established Member
Impact
26
well, of course, there is the saying live and learn. You can sell on namepros or on godaddy auction but the point is you will have to still wait for the dream of domaining and selling big domains unless you invest in bigger domains to begin with instead of hand regged domains. The thing with hand regged domains is they have to mature and age like wine. The internet has to get use to them and intertwine with them and couple with them. Its not an overnite success by no means. Your probably doing what 98% of us were doing and that was buying a big amount of hand regs at first and expecting someone to go wow, i cant live without this domain and you get a sale. The buyer researches also and looks to see what is rite for their company not just another domainer investing as well. That is where namepros comes in and discount sales. Namepros is a group of domainers, a community if you will, that works to better the domaining environment on the net. We delve into different niches and have our little squabbles over what is gold and what is crap but overall it makes for a strong community. Anyways, i diverge, the thing is namepros is a great place to pick up a domain at a discount if you will but also a loss to the seller usually. GD auctions has a minimum value involved in the mind of the buyer and aged domains do better there. You are doing fine with how you are reacting if you want to stick with it. Takes anywhere from 2 - 5 years to get into the swing of things anyways in domaining. GL. Happy Holidays. :)
I get your point...
Thank you GL
Happy holidays :)
 
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Impact
220
A way to increase the chances of selling is to develop a website for each domain, for example a blog.
Of course it requires some skill and a lot of time.
 
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Domaineri

Established Member
Impact
26
A way to increase the chances of selling is to develop a website for each domain, for example a blog.
Of course it requires some skill and a lot of time.
Evil, thank you very much for adding another solution!
Yes, that's an option, but I wish I had the time. Usually it requires SEO research, posts writing, building backlinks, waiting for the site to get out of the sandbox, start ranking and then waiting a couple more months to see earnings.
Selling a blog site has a very precise appraisal calculator (based on earning), so you might work hard and sell a good domain name in a much lower price.
But yes, you're right, it's doable, just takes a lot of time.
Thanks again, I appreciate it!
Happy Holidays :)
 
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HotKey

Made in CanadaTop Member
Impact
10,819
It's impossible to give proper advice without knowing the basics: domains and extensions. Anyone can accumulate hundreds of domains. But one advice I can give, based on your comment:
but I don't have much time to wait for the big sales.
is that, time is just one factor to equate in any sale, let alone a biggie. Domaining is not a get-rich quick scheme, though it could be for someone extremely experienced, talented and knowledgeable. What's that, like 1% of the entire domaining community? One-offs don't count.

I would like to ask you, why did you think selling domains would be "fast"? Have always been interested in knowing, from a new-comers perspective to the field, where they got this idea?
 
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VJB

Established Member
Impact
414
Been there done that.
Don't waste your time trying to sell crap (there might be a good name here and there)
Instead spend your time on learning.
If you have good name they will sell anyway and you try to sell bad names anywhere - they won't sell.
 
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Domaineri

Established Member
Impact
26
It's impossible to give proper advice without knowing the basics: domains and extensions. Anyone can accumulate hundreds of domains. But one advice I can give, based on your comment:

is that, time is just one factor to equate in any sale, let alone a biggie. Domaining is not a get-rich quick scheme, though it could be for someone extremely experienced, talented and knowledgeable. What's that, like 1% of the entire domaining community? One-offs don't count.

I would like to ask you, why did you think selling domains would be "fast"? Have always been interested in knowing, from a new-comers perspective to the field, where they got this idea?
I never thought it's going to be fast. I calculated STR of 0.75% and realized that I might end the 12 months with 0 sales.
Appraising domains is a skill that only the sharp and experienced have (definitely not beginners) so every beginner is in the dark - we can't really know if it worth waiting or we need to improve something and then wait.

I wanted everyone's help as I saw a few discussions about liquidation and was wondering if I should give it a try with my weaker domains.
I also read that many are using the outbound strategy, but again I'm not sure when is the right time to start.

General question - Why do people use auctions? Should everyone wait with a BIN price and that's it?
Sorry, I'm a beginner, I thought it's ok to have these not so advanced and smart questions in this beginners group :xf.rolleyes:
 
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Domaineri

Established Member
Impact
26
Been there done that.
Don't waste your time trying to sell crap (there might be a good name here and there)
Instead spend your time on learning.
If you have good name they will sell anyway and you try to sell bad names anywhere - they won't sell.
Yes, that's for sure.
Thanks!
 
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lovely4ever

Top Member
Impact
2,175
Have always been interested in knowing, from a new-comers perspective to the field, where they got this idea?
They watch in YouTube hundreds of influencers liars selling dreams to people by talking how easy to do domain flipping and make big profits .

.
 
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DealMaker1

Top Member
Impact
378
PM me your list of names. I bet there are only a few worth keeping.
 
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SuperBrander

Top Member
Impact
4,083
Since nothing sold for a year and a half it probably indicates that you're holding a lot of domains that don't have a chance to sell. Perhaps all of them. Even when you buy the right type of domains (in other words- know what you're doing and picking domains that have a decent chance to sell), the average STR you can expect is low with low end domains. Buy the wrong ones and you're sitting on a liability instead of an investment because you have to keep renewing garbage and didn't cover the initial cost. Buying 100 domains doesn't guarantee 1-2 will sell. The domains have to be good enough so out of 100, 1 or 2 will sell each year, cover the cost of the ones that don't sell and their renewals. That's why everybody recommends learning before buying. Without knowing what to buy, newbies are basically flushing their money down the toilet. Feel free to DM me a few of your domains and I'll let you know what I think. Either way, good luck.
 
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Domaineri

Established Member
Impact
26
Since nothing sold for a year and a half it probably indicates that you're holding a lot of domains that don't have a chance to sell. Perhaps all of them. Even when you buy the right type of domains (in other words- know what you're doing and picking domains that have a decent chance to sell), the average STR you can expect is low with low end domains. Buy the wrong ones and you're sitting on a liability instead of an investment because you have to keep renewing garbage and didn't cover the initial cost. Buying 100 domains doesn't guarantee 1-2 will sell. The domains have to be good enough so out of 100, 1 or 2 will sell each year, cover the cost of the ones that don't sell and their renewals. That's why everybody recommends learning before buying. Without knowing what to buy, newbies are basically flushing their money down the toilet. Feel free to DM me a few of your domains and I'll let you know what I think. Either way, good luck.
Thank you! I appreciate your kind answer, you're absolutely right!
I wrote 2021 by mistake (sorry, saw it only now), I started in June 2022, and bought most of them till September 2022. So we're actually talking about the last 3-6 months.
Still, I read some newbies' stories (not the big success stories but truly newbies) and usually they have 1 sale in the first 6 months or at least 1 person showed interest in one of their domains (and if you have hundreds, it should be definitely higher)
Obviously, renewing hundreds of domains without having 1 sale in the first year is not an option for me, I will have to conclude that my portfolio is definitely wrong and I should leave the domains world.

Of course, ideally. one should hold only domains that justify renewals but it's not what actually happens, no one holds the perfect inventory.
So the question is - when is the right moment to start suspecting that something is off?
When do people use auctions, or sell domains in bulk (xx$)? 3 months before renewal or even sooner? How much can I learn from Dan's view count? Does a high view count with no interest indicate that the appraisal is too high, or it just says it's worth the wait? Does low view count say go for auctions and drop? What do you consider a high views count? When do people decide to use the outbound options? When do they sell in bulk? How should a beginner differentiate between a bad domain and a too-high appraisal, or maybe there is no wrong appraisal for a good domain (if someone wants it he will approach you and start negotiations)?

And thank you for your kind offer, I will DM you a few domains, just need to decide which ones.
 
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lock

FREE.MARKETINGTop Member
Impact
7,377
Years on i am still deleting bad ideas. You need to work out what actually has a probability of selling.
 
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Domaineri

Established Member
Impact
26
Years on i am still deleting bad ideas. You need to work out what actually has a probability of selling.
Hearing this from a VIP like you is very encouraging! Thank you!
 
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lock

FREE.MARKETINGTop Member
Impact
7,377
Hearing this from a VIP like you is very encouraging! Thank you

Thank you. What is disappointing is people not liking what they hear. I am watching some people i like burying themselves on ideas the kind of rabbit holes already been down. Every year should be another wake up call. I really could do with a few in a row as i am going to cull it is all 3.0 now.
 
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SuperBrander

Top Member
Impact
4,083
Oh, so you made a mistake in the initial post. OK, so you're six months in and not a year and a half. That can make the situation somewhat better. Your questions don't have clear-cut answers. Send me a few of your domains, so I'll get a general idea what you bought and also for each one explain why you bought it. Based on that I'll tell you if I think that it has any potential value to end users or investors. You should also post some in the appraisal section to get more opinions, just mask the domains so they won't get indexed in search engines.
 
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DealMaker1

Top Member
Impact
378
So, hopefully beginners come to this thread and just listen to a few things about domaining before they lose all their money.

Domaining is a very refined industry. If you want to last even a couple years, you have to realize this is about quality and not quantity. Not about lottery registrations. If you want to play the lottery, go and buy some numbers. Don't waste your money here.

The public, particularly in English, has a sensitive ear to what sounds good. Please don't fool yourselves in the personal love for what you THINK is saleable. Learn before you buy for resale. Let me give you some insight on the matter.

BMugford has been on this site for a very long time. He has been around basically since "domaining" started and he has given so much info to every beginner without recompense. Just because he's a business man who gives his knowledge. That's it.

I am not being paid for endorsing any person or website, but realize if you are starting out, you should go to DataCube.com and take a look at the kind of domains that are sell-worthy. Every domain on that site has a rhyme and reason why it can be sold (whether for brand, SEO purposes or just sounds good to the ear). You will not be able to equal that portfolio (because he has been doing this in a very methodical way for a long time!) but you can learn about domains by reverse engineering. Ask yourself why those are good and yours are not. That will help you a lot to avoid buying domains that have no value.

Of course as life goes, there is always room for new ideas and great "new", "creative" domains. So you should register those. But if you want to have a "basic" sense of domaining, look at this portfolio. He has a very meticulous reason for every domain he is offering.

So for beginners, I recommend at least taking a look.

Cheers
 
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biggie

GreenFriendly.comTop Member
Impact
15,211
What is disappointing is people not liking what they hear.
Hi

i agree that this happens when criticism is taken personally.

also find it odd that many give replies/advice, without knowing the actual domains in question.

i've held some domains for 10 years or more, before selling them.
so if OP hasn't sold a name in 2 years, then if we don't know the names....what can we say?

and please, don't Pm me the domains

imo....
 
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iTesla

Top Member
Impact
731
I have already 3 years of hand registering domains, but no sales until now, my advice is to better go grow potatoes, it can be a more profitable biz.
This is probably what the guy that left NP with a bird in his avatar did. :ROFL::xf.laugh::unsure:
 
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BetoWH7

Established Member
Impact
191
i find your questions and the help already provided by pros on this thread amazing

in my little personal experience, i recommend that you uncheck the auto-renewals, so you won't get caught renewing domains that are not worth it automatically, let them expire, or if you want to sell them quickly here by listing them for cheap, and don't pay the renewal fee on all your domains.

i also believe you can try to outbound sell domains if they are pretty specific and targeted, so you can find a prospective buyer more quickly just tell them the domain is for sale and point them to the marketplace where you have listed them ( no links--that would be spammy ( i learned that now from a post i made asking) )

i wish you good luck and patience

one last piece of advice: spend more time learning here, and less time buying... until you feel more confident then start buying again.
 
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Domaineri

Established Member
Impact
26
I have already 3 years of hand registering domains, but no sales until now, my advice is to better go grow potatoes, it can be a more profitable biz.
This is probably what the guy that left NP with a bird in his avatar did. :ROFL::xf.laugh::unsure:
:xf.laugh:
 
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Domaineri

Established Member
Impact
26
i find your questions and the help already provided by pros on this thread amazing

in my little personal experience, i recommend that you uncheck the auto-renewals, so you won't get caught renewing domains that are not worth it automatically, let them expire, or if you want to sell them quickly here by listing them for cheap, and don't pay the renewal fee on all your domains.

i also believe you can try to outbound sell domains if they are pretty specific and targeted, so you can find a prospective buyer more quickly just tell them the domain is for sale and point them to the marketplace where you have listed them ( no links--that would be spammy ( i learned that now from a post i made asking) )

i wish you good luck and patience

one last piece of advice: spend more time learning here, and less time buying... until you feel more confident then start buying again.
Great! Thank you for the helpful advices!
 
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twiki

Top Member
Impact
25,171
Years on i am still deleting bad ideas. You need to work out what actually has a probability of selling.

Same here, although they are dwindling lately. Thank God.

Now I've moved to just selecting the better ones over the meh ones. However I'm having a hard time dropping an extra 50% I want to drop, despite I don't get emotionally attached with any. Which means, they've gotten better.

@Domaineri - learn, improve, iterate. My first 2 years were losses, that's how this works.

It's either you make it or not but it likely won't be clear in just one year.

Domaining is NOT a fast track, easy money business despite what some people are thinking.
 
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Domaineri

Established Member
Impact
26
Same here, although they are dwindling lately. Thank God.

Now I've moved to just selecting the better ones over the meh ones. However I'm having a hard time dropping an extra 50% I want to drop, despite I don't get emotionally attached with any. Which means, they've gotten better.

@Domaineri - learn, improve, iterate. My first 2 years were losses, that's how this works.

It's either you make it or not but it likely won't be clear in just one year.

Domaining is NOT a fast track, easy money business despite what some people are thinking.
Thank you Twiki :xf.smile:
 
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