So I have been doing the domaining thing for just about a month now, and I thought I would share my results with you guys thus far.
I started off by popping off some small time domains that I was registering for a buck or two on GoDaddy. These turned into a few very fast sales resulting in takes ranging from $10-$50.
I figured out that this guy bought one domain of mine with a peculiar name and bought a couple other similar ones which got bought up pretty promptly.
I also went ahead and registered some more domains that I thought had value, and I am currently still working on finding buyers (If anyone can give me tips on how to reach more end users, I'd love to hear them), so that eats into my profits a bit.
Today though I hit my first $xxx sale, which really is giving me some hope that I may be slowly figuring things out.
Overall for my first month I am now sitting on 25 domains that aren't in transfer to new owners, 1 that is transferring, 1 that is at auction but will sell, and 5 others that I have popped off.
I am in the positive by quite a bit, but don't want to overextend myself by overbuying weak domains in builk, and instead am going to take the time to make quality purchases that will be more likely to yield high end buyers.
Am I on the right track?
I started off by popping off some small time domains that I was registering for a buck or two on GoDaddy. These turned into a few very fast sales resulting in takes ranging from $10-$50.
I figured out that this guy bought one domain of mine with a peculiar name and bought a couple other similar ones which got bought up pretty promptly.
I also went ahead and registered some more domains that I thought had value, and I am currently still working on finding buyers (If anyone can give me tips on how to reach more end users, I'd love to hear them), so that eats into my profits a bit.
Today though I hit my first $xxx sale, which really is giving me some hope that I may be slowly figuring things out.
Overall for my first month I am now sitting on 25 domains that aren't in transfer to new owners, 1 that is transferring, 1 that is at auction but will sell, and 5 others that I have popped off.
I am in the positive by quite a bit, but don't want to overextend myself by overbuying weak domains in builk, and instead am going to take the time to make quality purchases that will be more likely to yield high end buyers.
Am I on the right track?
