Potential income?

[Broker]

Thanks to all for helping in my previous post. I do have some other questions being a newbie if you dont mind.

I pick a name, register that name and park it. If its a catchy name but undeveloped, is it worth more then what I paid for it? Will someone else come along and see that name and make me an offer for just the name?

#2- What is the potential income one could expect (one like myself) without alot of money and portfolios of domains, I'm very far from rich my friends. Say I owned 10 domain names but they were "good" domains. Is this a start?

My goal if possible, is to make enough income say 1 or 2thousand a week so I could quit my day job. I just dont have the back for it anymore and do not wish to continue working like a dog for 20 more years until I retire in my current business of construction. Am I dreaming or is this possible?

Thanks,
Rob..........

 

[Phronesis]

A "good" domain name is one that has intrinsic value. I can tell you that you won't hand register any "good" names. You'll have to buy one from someone. If you're looking to make $1k - $2k/week without working (ie., parking revenue), be prepared to spend $200k - $500k buying the names that will generate that kind of income. The only way to get a "good" name for reg fee is if you can nab an emerging popular term before anyone else in the world.

If you don't have $$ like that to spend, you can work on developing websites, but that requires know how, marketing and a revenue strategy (advertising/affiliate commission/actual sales, etc).

 

[Broker]

Thanks, and I definitly dont have that kind of cash.

What about the spanish domains. Are they worth looking into? Buying and or registering a great spanish domain.com? Maybe just to sit on?

Thanks,
Rob...............

 

[SimpleDomaining]

100% agree woth you, Phonesis. There is no way to register "good" money maker domain name. Gold rush is over. Best income from hand registration you could have is probably not more than 100-200$ a month, if you will be lucky. If not, than 3 cents would be right amount a month you would have per undeveloped domain. The only chanse we all have is to read and read every kind of news daily to find out what new products are coming to grab a name. Its pretty much like a stocks. You have to read news to be able to analyse which stocks will go up or down.

 

[G_C]

Develop, develop, develop...

The landgrab for good domain names is indeed over, but there's a growing number of minisites on the Net - websites of about 5-6 pages which are monetised through AdSense. It's not impossible for each such website to make $1 a day, with the right promotion and content. With 10 websites, that's $10 a day already, which means that you can register a new domain name every day, increasing your income by $1 on a daily basis!

From there, it's just a matter of time before you save up enough money to buy Microsoft and ensure yourself a healthy residual income for life. :D

George

 

[Broker]

Thanks all, as for the spanish domains. .com or .es?

 

[Gene]

I can tell you that you won't hand register any "good" names. You'll have to buy one from someone.

100% agree woth you, Phonesis. There is no way to register "good" money maker domain name.

This is pure nonsense. I personally buy and sell domains regularly for $500 to several thousand dollars from names I hand-regged. In fact, 100% of the domains I've sold are names that I paid reg fee for.

It boils down to spending a lot of time searching through expired name lists on a regular basis. You need to develop a good sense about what kind of names will sell and what will not. Put in your time, educate yourself in the domain market, and there is a small fortune to be made on names that are readily available on expired lists.

 

[IAmAllanShore]

Agree with Gene.

I will agree with the idea that MOST good names are gone, and you won't find things like three letter .com's or one definable, popular dictionary word .com available to hand register, but you can certainly find things like tripleadvantage.com (Gene ) that are marketable, but as of yet untapped that can be flipped for big bucks.

However, spend time researching and reading and just absorbing before going out and registering 50 names. Chances are that all but 1 will be crap, if you don't adequately prepare beforehand.

-Allan

 

[capiche]

I agree with Gene 100%. There are a lot of opportunities for freshly registered names or for finding good expired ones. I ,myself, have never bought into the whole drop game and have just stuck with hand regging. But like Gene, all of my sales have came from these. I've made over $8000 in the last several months on hand registrations. But...you just have to do A LOT of research. Most people think this is a passive type of business, but when you're serious about it, it really ends up being work.

One tip I would have, is not to only wait for an offer to come, but also market your names to potential end-users. Try to always ask yourself, "Who would buy this domain?" and at least have an idea of that when you register.

The only way to get a "good" name for reg fee is if you can nab an emerging popular term before anyone else in the world.

Believe me, this is not as hard as it sounds if you do your homework.

 

[Phronesis]

#2- What is the potential income one could expect (one like myself) without alot of money and portfolios of domains, I'm very far from rich my friends. Say I owned 10 domain names but they were "good" domains. Is this a start?

My goal if possible, is to make enough income say 1 or 2thousand a week so I could quit my day job. I just dont have the back for it anymore and do not wish to continue working like a dog for 20 more years until I retire in my current business of construction. Am I dreaming or is this possible?

Thanks,
Rob..........

Tell me who is making $1,000 - $2,000 / week from 10 parked domains that they have hand reg'd this year.

#It boils down to spending a lot of time searching through expired name lists on a regular basis.

To me, the beauty of domaining is NOT having to work for your money. Gene, you're a pro at this and I don't doubt your claim to be making $500 - $1000+ on domains you hand-regged - especially if you have one finger on the pulse and the other on the trigger to reg emerging names like this whole UMPC thing last week. But how much money are newbies going to waste regging junk names to sell 1 good one? The amount of time spent researching to land a few good names is pretty huge. I wouldn't encourage a newbie to quit his job with promises of making that kind of $$ anytime soon. I personally have found some good names that I hand reg'd that get decent parking revenue, but how many would I need to reg to make $2000/week?

Flipping names is a whole lot more time consuming and engrossing than just parking names. IMO, you can go out and get a series 7 and make $3,000 - $4,000 /week selling investments (sitting behind a desk) and use that income to acquire quality domains (that's what I do) :hehe: .

 

[capiche]

I believe it's a lot harder to hand-reg a domain name and have it make a substantial PPC revenue than it is to sell the same name for a good profit.

But the whole point is, that if a newbie is spending time doing real research, they probably won't be registering those 100's of junk names you're talking about anyway and the names they get will be quality ones.

Please tell me, who is registering quality names without doing any research whatsoever?
I have a day job and still put in the hours of research on domains, (as many others do). So it's not like it's impossible.

Flipping names is a lot more time consuming, sure, but when you're flipping names for thousands of dollars, it's worth it.

I also wouldn't encourage any newbie to rely solely on PPC either, because before long PPC will be a thing of the past. Things are moving more to a Pay-per-action, affiliate type of model which will work to the advantage of some, but others will see their earnings decrease significantly.

So buying names for their potential resale value is more important, IMO.

 

[Gene]

...especially if you have one finger on the pulse and the other on the trigger to reg emerging names like this whole UMPC thing last week.

That doesn't describe my methods at all -- I'm a simple guy. I look at lists, pick out a few good names, park them and sell them. I don't keep up with trends, I don't analyze overture or pr, I just buy/park/sell.

But how much money are newbies going to waste regging junk names to sell 1 good one?

Who cares? As long as they profit nicely on the ones they do sell. They will learn to shrink the gap as they become more experienced.

I wouldn't encourage a newbie to quit his job with promises of making that kind of $$ anytime soon.

Neither would I. That holds true for any business. You don't quit your job until your business is at a point that can provide the lifestyle you want.

Flipping names is a whole lot more time consuming and engrossing than just parking names.

Very time consuming. But worth the time invested if you learn what works and what doesn't.

IMO, you can go out and get a series 7 and make $3,000 - $4,000 /week selling investments (sitting behind a desk) and use that income to acquire quality domains (that's what I do) :hehe: .

If that's what you enjoy, more power to you! Selling securities has no appeal to me, but I understand your point. But whether you spend time selling securities or spend your time researching domain names, you're still putting in the time. I'd rather put my time into the businesses I love.

 

[Broker]

Thanks all, very informative info. But what kind of research are we talking about here? I'm up for the task of learning to understand this expired name list if theres something in writing about it?

That said, I have done nothing but read a couple articles and spend about $100.00. All I can afford to be quite honest. For the hell of it, I reg'd a few domains in english and spanish. Just going to sit on them for now but want to develop 2 of them asap. Heres my newbie who knows nothing list. Please tell me how I did.

ACREDITOREALIDAD.COM
COMPRARAPIDO.COM
COMPRASTRATOS.COM
HILOELECTRICO.COM
NEGOCIOCREDITO.COM
PRECIOSTRATO.COM
QUIROMANTE.COM
REALIDADACREDITO.COM
RELACIONESENINVERSIONES.COM
RELACIONESENINVERSOR.COM
TRABAJOLISTO.COM
USTEDVENDER.COM
YOCREDITO.COM

LOGOLOTS.COM - Could be a huge advertising site?
CONTRACTORCHAOS.COM - Possible site for lawyers links?

The two american ones I have ideas for but would require much work. The spanish ones you would need to translate to figure them out. I didnt write them down but they range from chiropractor, Iloan, electricwire, investor relations and so on. For all I know they could be translated improperly. But...if they are correct and sound as good as "I" think they do, makes me wonder why they were not reg'd before.


Rob..........

 

[Gene]

Rob,

I don't know enough spanish to help you with those domains, but you have to understand that they are automatically worth a lot less simply because they are usable by a fraction of society (regardless of how good they are to a spanish speaking person).

The two english domains are not worth more than the reg fee, but don't let that discourage you. If you take the time to develop the sites and market them, you could do well.

Thanks all, very informative info. But what kind of research are we talking about here? I'm up for the task of learning to understand this expired name list if theres something in writing about it?

That said, I have done nothing but read a couple articles and spend about $100.00. All I can afford to be quite honest. For the hell of it, I reg'd a few domains in english and spanish. Just going to sit on them for now but want to develop 2 of them asap. Heres my newbie who knows nothing list. Please tell me how I did.

ACREDITOREALIDAD.COM
COMPRARAPIDO.COM
COMPRASTRATOS.COM
HILOELECTRICO.COM
NEGOCIOCREDITO.COM
PRECIOSTRATO.COM
QUIROMANTE.COM
REALIDADACREDITO.COM
RELACIONESENINVERSIONES.COM
RELACIONESENINVERSOR.COM
TRABAJOLISTO.COM
USTEDVENDER.COM
YOCREDITO.COM

LOGOLOTS.COM - Could be a huge advertising site?
CONTRACTORCHAOS.COM - Possible site for lawyers links?

The two american ones I have ideas for but would require much work. The spanish ones you would need to translate to figure them out. I didnt write them down but they range from chiropractor, Iloan, electricwire, investor relations and so on. For all I know they could be translated improperly. But...if they are correct and sound as good as "I" think they do, makes me wonder why they were not reg'd before.


Rob..........

 

[jurrie]

I always read about the research thing here, how you can find good names with enough research,
i regged about 50- 70 domains in the last year, and i sold one for 35$ that's the highest i made
If only someone could tell me how to do this research.. that would be a great help for me as a newbie.
I must say I already read and learned a lot about marketing websites etc...
but about domainbuying and selling , i haven't found what i'm looking for yet

 

[Kate]

...

But the whole point is, that if a newbie is spending time doing real research, they probably won't be registering those 100's of junk names you're talking about anyway and the names they get will be quality ones.

Please tell me, who is registering quality names without doing any research whatsoever?

Sorry but judging from the names posted for appraisal I actually see a lot of junk names. Maybe it's just me but it seems to me that there are still too many names being regged that are nearly unusable and nearly impossible to sell... JMO


Rob: sorry to break your dreams but I suspect only a few people here can afford to make a living with domaining.
Of course there are still good names available. A 'good name' is not necessarily a name that earns money.

A name does not earn revenue by magic. You either need:
- incoming traffic that can be monetized, generic type-in names - obviously most are long gone
- developping the name into a business venture

Say my good names earn up to $20/month with parking... it's not bad (reg fee covered) but I would need a lot to make a living. Of course I will sell a name from time to time and make an excellent return (sell at 200 times the reg fee for example) but the revenue is hardly predictable. BTW traffic can come and go too.

 

[Broker]

Thanks Gene, guess I'll just sit on the spanish ones for now. Just reg'd affordablegasoline.com in spanish to. Dont know if reading the article on that one domainer who just bought a couple spanish domains for big money was worth it or not. Guess in time I'll find out. (dreamer)

Any other tips on doing this research you were talking about? Any good reads out there? Any links?

Thanks,
Rob...........

Thanks SDSINC, those names cant be touched with a stick in the english language. For whatever thats worth or means. And with all those people jumping fences who knows what'll become of them in 10 years. Just my opinion.

 

[Gene]

Any other tips on doing this research you were talking about? Any good reads out there? Any links?

A GREAT place to learn about domaining is at http://dnjournal.com. Be sure to check all the menu items in the green menu bar, and visit the site often to keep up with what kind of domains are selling.

The http://dnjournal.com/domainsales.htm page is of particular interest.

 

[gazzip]

I recommend - http://www.namenewbie.com/ which explains so much and has links to great domaining tools.

.

 

[oldratracer]

Clueless...the advice from Gene regarding DN Journal was probalbly the best...even for an experienced Domainer...here is a link to them just for the "trade":

Tools of the Trade: Free Resources That Will Help You Identify Domains That $ell

http://www.dnjournal.com/columns/cover040805.htm

Hope It Helps... (I know that I've used some..if not ALL of the Tools mentioned!!!)

OldRatRacer