NameSilo

No sale for 1 month, how do you motivate yourself?

Located in General Domain Discussion started by namefork, Apr 13, 2018.

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  1. tjl92

    tjl92 Established Member

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    hmmm...looking into this
     
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  2. Haroon Basha

    Haroon Basha IZUQ.COM Gold Account VIP

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    You said "stable inbound enquiries" what are the sources? Domain Marketplace, Whois or some other sources? Please share your experience.
     
  3. platey

    platey Active Member VIP

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    We follow each other on twitter

    but a retweet can sell a domain if its retweeted by a person with end users in their timeline etc
     
  4. blockchain

    blockchain Restricted

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    I have sold 2 domains (new gtlds)
     
  5. platey

    platey Active Member VIP

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    I havent had a sale in years but tried the flippa auction etc and not prepared to let bidders bid £1 and then want me to pay a years reg fee for then in gd

    So i now read my niche i understand the niche i but in very well

    I have a very good quality twitter feed that gives me the very latest info on my niche

    By reading the very latest info on the niche i but domains in it allows,me to read the future of the niche and second guess it

    Guessing is a valuable part of domain name investing

    Not even the fast computers used by the big money domain name investors are faster than a persons ability to second guess a market trend

    Started buying domains around 2014

    at the start ish of the new gtlds and bought well at reg fee

    I have bought two keyword .coms based on my ideas | concepts etc but have two many concepts with the two keyword .coms on the digital shelf etc

    Bought a few brandables for reg fee

    A few are on bb a few domains on undeveloped

    A few ill never sell irrespective of price

    My portfolio is like a football team being relegated lol it just keeps slipping through the leagues lol but eventually it will find its level

    Ill get a sale eventually

    Ive probably let at least 50% of my portfolio expire and i dont mind that i just build it up again with a domain here or there

    Again its like a football team that changes constantly with players coming and going etc the team evolves over time

    I look at namebio sales every day and see quality two keyword .coms selling for £300 ish etc and think sonetimes domain name investors dont know how valuable there domain names are

    I used to post my new donains on reg of the day but kept getting constant spam emails offering me seo rubbish a nd website hosting and logo rubbish etc so i don't put my newly acquired donains on reg of the day anymore and the seo website hosting and logo spam emails have virtually stopped

    I am happy with my domain name investing strategy

    I look at mm s sales prices as and some of his sales were bought 6 or 7 years previous etc

    Domain name investing is a waiting game and requires all the patience in the world

    I m more than happy to sit and wait
     
  6. shabash786

    shabash786 DelightDomain.com VIP

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    Can you tell me what outbound strategy have you been using to make money because xxxx income is awesome so I'm curious what possibly be missed that brings you to no sales.
     
  7. ro5hit

    ro5hit NameZeal.com VIP

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    Well I have a day job
     
  8. Jurgen Wolf

    Jurgen Wolf Top Member VIP ★★★★★★★★★★

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    Via Bodis and ParkingCrew forms.
    And rarely via WHOIS.
    I don't use any marketplaces.
     
    Last edited: Apr 15, 2018
  9. Fancy.domains

    Fancy.domains Golden bull of names Gold Account VIP

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    Personally I've started focusing on the average profit per year, not per month. I have sold much fewer domains than last year (at this time) but still I've made more profit in 2018, so far.

    2014-2017, I focused a lot on flipping names. Now I'm trying to target end-users much more. If I have a bad month, I just try to work harder and smarter!
     
  10. LarryDomain

    LarryDomain Established Member

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    For every month you do not have a sale, you cut 3 meals out of your month.

    So assume you have 30 days in a month. = 90 meals a month.

    No sale 1 month.. take away 3 meals for the next month.

    Trust me this will motivate you to make better decisions on future purchases and accept more reasonable prices for your domains.
     
  11. tjl92

    tjl92 Established Member

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    oh my! making me hungry:-P
     
  12. BrandMart

    BrandMart DomainBugle.com VIP

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  13. atinc

    atinc Web.Enterprises VIP

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    Maybe your e-mail address is marked as spam. If you sent hundreds even thousands of outbound e-mails there is a good chance that your mails are dropping to the spam folder.

    You might want to check that and get a new e-mail address.
     
  14. rafaelo0

    rafaelo0 Established Member

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    My question is how do you motivate yourself when you get mid xxx$ offers but you counter and don't hear anything from the potential buyer for the remaning month?
     
  15. wwwweb

    wwwweb Top Member VIP

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    Don't chase parking, those names aren't cheap either, the people who understand the metrics, pay heavily for subpar names when it comes to that business model, and it has a shelf life for the most part.

    If you can buy generic .com's with great parking income, well you can't in 2018.

    I see you bet heavy on crypto which was killing it up until the bottom fell out at the end of January. Trading volume is way down, many people got burned, and won't make that mistake twice. Others are asking the question, what exactly do we own, no assets, no profits, just a coin with an infinite float. There are way to many alt coins out there, another correction will come if bitcoin cannot continue to move higher.

    You have to be diversified into many segments, and be 90% .com.
     
  16. GeorgeQuang

    GeorgeQuang Established Member

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    Got 8 offers this week with the maximum is $800.
    Tried to counter but they didn't want to pay more. Could not release those names because i thought that they was worth more.
    So how could i motivate myself?
    BUYING MORE NAMES.
     
  17. Brand Ultra

    Brand Ultra Pick the right name with us ! VIP

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    portfolio size?
     
  18. GeorgeQuang

    GeorgeQuang Established Member

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    Nearly 800 and still counting on.
     
  19. Brand Ultra

    Brand Ultra Pick the right name with us ! VIP

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    all hand reg or aftermarket names>\?
     
  20. GeorgeQuang

    GeorgeQuang Established Member

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    Handreg: 30%.
    Auctions + Backorder: 70%
     
  21. Brand Ultra

    Brand Ultra Pick the right name with us ! VIP

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    approx total acquisition cost ?
     
  22. DomainRecap

    DomainRecap Established Member

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    Likes, dislikes, turnoffs?
     
  23. Brand Ultra

    Brand Ultra Pick the right name with us ! VIP

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    just for learning purpose, if he doesn't like let him not answer
     
  24. GeorgeQuang

    GeorgeQuang Established Member

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    30k.
     
  25. Rich

    Rich Top Member VIP ★★★★★★★★★★

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    Binge watching domain sherpa helps imho. I had 2 domain sales all of last year, lol. Already spent more on domains this year than I made last year with them. I wouldn't recommend doing this as I'd like to think there's a method to my madness.
     

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