Probably done with "domaining", I suck...

[Clover]

I have most of my domains listed on Dan, Epik, GoDaddy, and Afternic, I've never made a sale on any of those platforms, well, I did for $100 once but I had sold the domain + 2 other matching ones all for their reg value 2-3 days prior

I get many complements on my domains and my ability to find good hand regs upon request, I was making $100 sales and was doing good at getting my money back for the ones I started with, but the past couple months I've not had any bites, not a buyer in sight, due to the markets and inflation I presume, but still, I feel like I'm holding on for a fantasy sale that will never happen, even a low $xxx offer would give me some hope. So far, this journey has given me a small profit, but with much research, and take a lot of time... Just not sure if things are balancing out.

Thanks.

 

[redemo]

I have most of my domains listed on Dan, Epik, GoDaddy, and Afternic, I've never made a sale on any of those platforms, well, I did for $100 once but I had sold the domain + 2 other matching ones all for their reg value 2-3 days prior

I get many complements on my domains and my ability to find good hand regs upon request, I was making $100 sales and was doing good at getting my money back for the ones I started with, but the past couple months I've not had any bites, not a buyer in sight, due to the markets and inflation I presume, but still, I feel like I'm holding on for a fantasy sale that will never happen, even a low $xxx offer would give me some hope. So far, this journey has given me a small profit, but with much research, and take a lot of time... Just not sure if things are balancing out.

Thanks.

Being stuck is a choice. Figure a way to get out and get back on track. Get something done today, something real. Do one thing like that every day, and it becomes a habit, that habit is called winning. Staying stuck is called losing. Are you going to lose today or are you going to win? Both are called choices.

 

[Andreas B.]

Drop "not so good" names.

Keep a few quite good ones.

Register at afternic fast transfer with disocunt prices. Maybe, someone will stumble upon it.

(in my humble opinion, this is the best way to increase chances. Waiting for someone to visit your DAN lander may take a Long while or never happens....)

 

[MadAboutDomains]

I'm doing hand regs for years and I'm doing pretty well, so you can compare your hand regs with some of mine's from the last 12 months, all com's: ParallelFi, AutomatedDoctor, Ecsclusive, HyperTactile, Irreverse, Educativerse, MetaQuay, NftCreditor, NftPrepay, NftOrient, MetaAutomaton, AutomatedSound, bEternity, Realistique, DebridgeFinance, HyperSand, Spatyal, OmniEternity and another 1000 or so a year.

Yeah, but what about sales.

 

[Clover]

Edit: nvm

 

[Sjpals]

Absolutely. What becomes clear with each passing month / year is that there are layers of hurdles to overcome in domaining in order to truly master (or at least understand) it well, e.g.
- The name itself and various criteria (length, TLDs including those on sale and those owned by end users), companies using part/all of the words in names, traffic, CPC, etc.
- watching auctions, doing the research for a possible acquisition name, then setting a bid amount, and hoping not to be outbid
- filtering on various sites like expired domains, Namebio
- reading various sites for the latest trends to get an edge over other domainers.


These are tasks that are demanding, time and eventually money wise. Not everyone has the patience or temperament to do these every day/every other day for weeks and months on end.

No wonder beginners want the quick fix with handregs - it's an alluring way to circumvent the time and money demands of domaining.

The reason domaining is not an easy business is because there a no (or few) shortcuts.

ahhh yes, learning what all the filters are and what they do on expireddomains .net when there are no instructions!

 

[Armageddon]

So you renewed domains for 4 years without a sale?

Renew , drop , register etc..must try any option to stay in domain name business


You say list your names on any major marketplace
Do you make advertising about your names on social media , to promote your names? ( Twitter , tiktok , facebook etc )

 

[Bookwormlux]

With all the advises from 100 different directions. He sure will quit now.

Why do you think so?

 

[Mkt Sales Leads]

I agree. The OP obviously doesn't want to quit domaining. Instead, he wants advice to change his mind or feel comfortable domaining.

This is why we are here anyway. This is one of the most important reason why same minded people flock together. We want advice, comfort, share our success & failure with, attention etc. etc. And many good comments show exactly that.

IMHO, this all is fine. So everyone, please be nice & have fun domaining.
Domaining is not a zero sum game, so we can all have a happy ending here

One of the most encouraging actions the OP can take is to get a spreadsheet and copy + paste the various sold domains sold reported here, on TLD investors, Namebio, DN Journal etc into the first column.

Then the Op should create another column about how many extensions that domain is taken in, plus various other columns on sales price, length, cost per click, any SEO links (if a horrid looking name sells for more than it should) etc.

As that data builds up, the Op should then notice the differences between those names sold and any handregs they haven't sold.

Then draw a conclusion as to next actions.

 

[Clover]

That's an excuse. Never blame the economy. There are always possibilities. If people don't have much money why don't you use your domains to help people save money, and at the same time make yourself some money by helping them? Have you thought about that?

I know how to use basic CMS software like WP and forums, but I'm not good with design, SEO, or any backend work really. Not really sure how to help people save money, I could try to think of ways. I am starting my forum now though, which is based around monetization and ways to make money online.

Good, get rid of the dead wood and then monetise the diamonds. I'm sure your portfolio contains some short key word rich domains. You do know how easy it is to build a website right? I mean you speak English, and you clearly know how to operate an internet enabled device? If you just "don't want to do it" sorry but that's called being lazy, and you were never interested in profiting from your domain names from the start. I don't like running or eating healthy food but it's a quickfire route to good fitness.

Agreed, and short key word domains? Idk, you can view my portfolio in my sig. Websites take me days of work to build because I'm not very experienced and am a perfectionist when it comes to my websites and the content on them. My buddy suggested that I build my domains and send traffic to them and sell them each for $100+ which I may do but would be more interested in working with someone that can create them quick and for cheap since I have many domains I'd like to sell, fast.

 

[kaveri1996]

Domaining is not an easy task. It is very complex investment/business. You might have 100 brandable domains. Still you may not get a single sale. Exactly, this is what happening in domain industry. There is no hard and fast rule for domain sales. Very silly domains are being sold at 4 or 5 figure.

Domaining is not a gambling. But very remote chances to earn money out of domain sales. In my view, Less than 1% of investors are successful in domain industry. Rest of all hardly have 1 or 2 sales in a year. Many small investors are losing their money in anticipation of more sales. In this connection I appeal to everyone don't waste your hard earned money for the sake of domain investment. Be prudent choose right path.

 

[redemo]

Domaining is not a gambling.

Disagree mate, domaining is not necessarily selling (though most domainers are trying to load or offload). Selling is most DEFNITELY gambling because you can't guarantee a sale. If there was a repository for buying ANY domain names within set criteria for a set minimum fee, greater than your purchase fee, then obviously it isn't gambling. But for the most part selling domain names is gambling, and the house (seller or and marketplace) will usually win.

 

[MadAboutDomains]

im late to this scene but its prob the worst advice ive ever seen given to someone on a Im probably giving up thred

Twas a joke.

 

[StartupNames]

So sorry to hear that. Try to drop domains that are hard to sell and park the good ones, probably? Wishing you the best of luck!

 

[Joshh71390]

Have you tried investing in xyz?

im late to this scene but its prob the worst advice ive ever seen given to someone on a Im probably giving up thred

 

[bmugford]

You have to understand this fundamentally.

There is no premium or crappy domain name. Its value is all in the eyes of the buyer.

Surely everyone can agree a domain like Gold.com is premium and Buy-Pickles-Online-Today.mobi is crappy.

All domains are clearly not created equal, and ones that are objectively higher quality are far more likely to get offers and eventually sales.

Brad

 

[redemo]

Domaining is a slow business. You will need a lot of study, work, patience and perseverance to make a profit. Good luck to you.

Patience is only an asset if you're playing the waiting game. I consider my lack of patience a major skill. I ain't waiting for sh!t in this life. Go out and get it.

 

[Goku]

Good post. If the people who post the longest posts, and I'm not being specific to you, used those skills to post blog entries all day, they'd become rich very quickly.

You're right.
I've jumped back into developing content sites.
Bought some good meaningful domain names and now writing short articles myself on it. Haven't made it public yet and its all on my localhost but will make them live soon. I don't expect an avalanche of traffic right from day 1 but the basic onsite SEO should bring in decent amount of organic traffic.

Thanks to your post regarding developing domain names

 

[Mkt Sales Leads]

I appreciate the info I've learned here, and it will help me in the future. I'm not sure about my decision on this one but I am sure about downsizing my portfolio because I am focused on other things now.

I've made some money but not enough to sustain this journey, not in this economy. Still keeping a lot, just letting go of many right now.

Bless.

I believe a lot of frustration comes from unrealistic expectations (common in any endeavour) and the comparison with others. When you study and read (as suggested by virtually everyone in domaining) it can be easy to compare your results to someone else's and try to find some shortcut/hack that replicate their results.
If it were as straightforward as that, everyone would be making Rick Schwartz/other experienced domainer money (and he had to wait years before selling his names for millions).

 

[winst]

One of my LLLL .com names took 15 years to reach a $40k deal. It required a lot of patience, faith, and a little bit of luck. Ultimately, like any other products or services people sell, ask: Who is the customer and why would someone be willing to pay a premium for the domain name?

 

[Future Sensors]

With all the advises from 100 different directions. He sure will quit now.

He?

 

[redemo]

I don't care about selling domain names. Couldn't give a rat's arse about sales. Wouldn't give a fart in the wind for a sale. Selling is pushed morning, noon and night on this forum. To me it's like listening to the same broken record playing on repeat. Couldn't give midnight piss about sales. I care about profiting from domain names. That's all. Million users on the forum - how many have turned a profit? 1% would be 10000. I doubt even that. How many N.P. domainers have even made one profitable sale? For all the millions spent how many quit in the first year? That's why I left the forum. Too much focus on selling when clearly most people lose and quit. Fact is you need to focus on profit, not just sales. The smart domainer does this....and makes a profit. You do what you like but really listen to the feedback you've been given on this thread, and I especially like the smart advice from @poweredbyme "If you fail in an industry you will likely fail in all industries" because winning is all about strategy, and your strategy should always be how to make profit.

 

[redemo]

Sorry but @Bravo Mod Team what in the hell is the point of anonymous down-voting one user's posts? I seem to remember getting banned then restricted for doing that to @biggie. Such a pointless feature of the forum.

imo

 

[redemo]

I have most of my domains listed on Dan, Epik, GoDaddy, and Afternic, I've never made a sale on any of those platforms, well, I did for $100 once but I had sold the domain + 2 other matching ones all for their reg value 2-3 days prior

I get many complements on my domains and my ability to find good hand regs upon request,

Who gives a flying f*** about other people's opinion. 1000 friends on Facebook sounds great but how many would bail you outta jail at 3am? Probably none. Opinion, hype, and popularity are all worth what to your bank balance? So consider the bottom line. You have invested x dollars and x hours to domaining. You are wiser than when you started, and from what you say you are also financilally poorer. To me that is progress. You paid for knowledge. Now you need to either quit, and there's no shame in quitting. Or you need to buckle up, dust off, and move into the next gear. You need a target and you need a plan and after that you need to take action based on your plan. It is possible to profit from domains but you need to stop listening to the bull$hitters and only listen to domainers who you really respect - and even they could be wrong. You need to believe in your plan and you need to go all the way. No half-arsed attempts. Mate, you have made loads of progress now you need to step up and don't back down. If you're going to quit do it now but do it for the right reasons.

I was making $100 sales and was doing good at getting my money back for the ones I started with, but the past couple months I've not had any bites, not a buyer in sight, due to the markets and inflation I presume, but still, I feel like I'm holding on for a fantasy sale that will never happen, even a low $xxx offer would give me some hope. So far, this journey has given me a small profit, but with much research, and take a lot of time... Just not sure if things are balancing out.

What do you mean? Without a target you're just pissing in the wind.

 

[redemo]

I've made some money but not enough to sustain this journey, not in this economy.

That's an excuse. Never blame the economy. There are always possibilities. If people don't have much money why don't you use your domains to help people save money, and at the same time make yourself some money by helping them? Have you thought about that?

Still keeping a lot, just letting go of many right now.

Good, get rid of the dead wood and then monetise the diamonds. I'm sure your portfolio contains some short key word rich domains. You do know how easy it is to build a website right? I mean you speak English, and you clearly know how to operate an internet enabled device? If you just "don't want to do it" sorry but that's called being lazy, and you were never interested in profiting from your domain names from the start. I don't like running or eating healthy food but it's a quickfire route to good fitness.

 

[redemo]

if domain name investors want instant results they should try - day trading - where a person can buy and sell stocks on the stockmarket where a person can invest £100 at 14.45pm uk time and have the potential to make 10% profit on their investment within 90 mins or lose 50% of their investment within the same 90ims their phone on the sofa etc day trading is very risky but yesterday I made £3k in 8 minutes fr a £20 k balance in a practice a count etc as o day trade options for fun as it's my interest etc OR a person can invest £100 in to bitcoin and a loan company will let you borrow 20% of your crypto investment etc because crypto is liquid and the stock market is liquid but only a few domain names are liquid etc eg 2 letter .coms are liquid at £500 k and 3 letter .com s are liquid at £15 k etc but most domain name investors want to buy domains at 2022 prices but want to sell their domains the next day at 2042 prices without having the patience to wait 20 years for time to add value to their investment etc the people that made millions from buying bitcoin in 2010 when bitcoin was available to buy for £0.0053p per bitcoin took a punt with money they could afford to lose eg £100 and did absolutely nothing and time added value to their investment which made many early bitcoin investors millionaires etc but domain name investing is not liquid for 95% of domain name investors and as such domain name registrar's should have a disclaimer on their website stating that 95% of domain name investors lose money just as most day trading apps have a disclaimer on their app that states that 75% of day traders lose money etc

Disagree. Day trading and selling domain names are both gambling. In reality when you have to pay for things like clothes and fuel you need a guaranteed source of income. Neither offer that.