advice Noobs, Your Buying Dead Beat Domain Names bcos ...

[ValleyRock]

Dear Noobs,

There is a strong reason why several names in your portfolio have absolutely no chance of selling - even if you price them below sea level. Hopefully, this brief post might change the way you think about domain names - if your serious.

A few days ago, James Illes wrote a post on the namepros blog titled "how to train you domain brain". I hope you had time to read it, because if you did not I suggest you use the search bar, to find it.

Domain name investment is quite easy once you learn to recognize opportunities and uncover trends. To recognize opportunities or uncover prevailing trends you need to have a strong reference point. A reference point helps you learn the basics, good practices and principles of domaining.

Namepros is a reference point for general information on domaining. For reference points on domain name value you should be looking at namebio.com and dnpric.es. These sites provide domain names, sales price, sales date i.e marketplace data - with the information these sites provide you can learn what names are selling, where and for how much.

Disclaimer: I am not affiliated to namebio on dnprices in any way.

If you can spend a week on namebio just going through sales on a market - I suggest you start with godaddy, you should be on your way to buying low and selling high.

 

[ryanpe]

Dear noobs....

Said the 6 month old account..

Since when did the age of a Namepros account determine how much knowledge or experience you have in domain names?

Excuse my statement, but nobody requested for you to give a braincell demonstration. Webscent's contribution to Namepros is a perfectly valid topic.

 

[mr-x]

@DomainVP I agree.

In the beginning you think you know what your doing but you don't and you need someone to hammer this into your head. I believe to succeed "here" you need to immerse yourself into the system and the sales data is by far the fastest way to do it .

However, I never had a reason to doubt namebio data .

Not the data, just the interpretation.

 

[mr-x]

This domain was parked for at least six years.
The .net & .org are both parked.
You've hade it for weeks and it's still using a Godaddy parking page.

I wouldn't call this a good buy but I'm often wrong and amazed at what makes the monthly charts.

I spoke too soon, liberal-woman.com is a blog and facebook community. In use for 9 years.

 

[imc]

Now this is what I agree with 100%....

Buying bad domains is a part of the domainer life cycle.

Everyone starting off buys some really crap domains and then learns what sells, or makes the renewal cut, out of those domains and what does not.

Then out of those names that have made the cut, the same process is repeated.

After a while you will have a hands-on trained brain on what works and what doesn't.

There are niches I am in that always sell for me, and I never see anything posted here nor do I have to fight for these DN's. You have got to get your 'hands dirty' and see what works - you can't always rely on Estibot / NameBio / Sales Data.

Most people quit after the first two renewal cycles/years, after realizing that it's not as easy as it sounds. At the same time there are also people who are starting domaining and buy these 'crap domains'.

Think of how many domainers have quit over the "Chip" fiasco. Last year the market was saturated with big-spenders looking to make a buck from 'low-quality' domains.

Bad domain choices (by domainers) live on due to the natural cycles of this industry - IMO.

 

[imc]

This makes no sense (to me ) at all. I have end user business launch worthy names and when an end user approaches me, what do I care for the data you've presented? I didn't give it a 2nd glance. These graphs may relate to the L's and N's trend as their prices rise in sync with the herd. Other than that, it is the fine art of negotiation which will dictate how much money one makes in domaining. Period.

@imc , I am sorry I will have to disagree.

This is the reason , I consistently advocate for marketstats not just product stats. Lots of blogs release sales for the day e.t.c - but nobody releases , total average sales and median sales (for , weeks, months , quaters or per year)

Most especially, you want median sales for the year and not mean(Average sales) always ignore mean sales in domains. This is important for market profiling and domain sales analysis in these markets. Once you know the median price, you analyse the domain above the median price, you buy domains similar to those above the median price - using the method you just place yourself miles ahead of everyone in the game.

I will illustrate with an image

Every market has a median sales price - the median is the 50th percentile.

Watch out for my new blogpost on the namepros blog. Every piece of information is data driven, I have a post already published - its about the length of a domain name and the logic behind it's price.