- Impact
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Hi all, I hope each one of you and your loved ones are safe during these strange times.
I thought I’d post a quick update on my journey with brandables since my last post on this subject has two years now! You can find it here: https://www.namepros.com/threads/how-i-made-8k-selling-brandables-and-how-much-it-cost-me.1073976/
It shows my results with brandables from end of 2015 to may 2018 and how I netted about $6.2k on Brandroot and lost about $1.8k with my Afternic / Direct Offer strategy.
Disclaimer: I know that since the domains listed on the different platforms are not the same and it’s hard to compare sales, but I sincerely think they are of similar quality for at least 80% of the inventory. I don't claim perfection in the following comparisons.
My sales results for the past two years have been the following.
1) Brandroot / Brandbucket: 6 sold of about 140 listed (2% of portfolio / year)
May - December 2018: 3 domains
2) Afternic or through my own landers: 4 sold of about 230 listed (<1% of portfolio / year)
Note that all my domains not listed at BR/BB are listed with the same BIN at Afternic, Sedo, Unireg, Flippa, Domain Agents and redirect to my own lander with Escrow BIN button and Make Offer form.
May - December 2018: 0 domains
2019: 2 domains
Conclusion: Established Brand reputation is real.
Past 24 months results
Let's summarize including the sales from December 2015 to April 2018
3) Conclusion: the brandable platforms wins, but...
The clear conclusion from the table above is that the brandable platform does a better job than me at selling my brandables.
But when I separate results for phase 1 and phase 2 of my journey, I consider there are good results in phase two with Afternic/Own Landers: I netted nearly the same with 4 names sold through these than BR/BB with 6.
Also note that my STR with Afternic/Own Landers doubled from a very low 0.4-0.5% to around 1%, which shows me that my efforts to better my portfolio are giving some results (more on that below).
4) What now?
Here is what I’m doing right now.
4.1) Dropping more names
Letting go the low end of my inventory, about 90 names so far in two years. Some of them I can’t recall why I registered in the first place (some of you may know this feeling ).
4.2) Appraising my inventory with BB
I now systematically submit my brandables to Brandbucket. I happily pay the $1 fee and (less hapily) wait for 45 days to get their appraisal.
4.3) Reviewing my price strategy
In short, I increased my prices, which has been especially good to me for the name I sold with my own lander. I Think two years from now, I would have sold it for less and paid more commission on it since I didn’t have landers back then.
4.4) More research
4.5) Raising the quality of my portfolio
I buy mostly on the drop or handreg names that come up available after researching the lists in 4.4). I try to avoid auctions because I loose my temper too easily and can get caught in auction fights. I bought a one word .net once for low $x,xxx and I didn’t even had the money on my main account at that time. Lesson learned! Now when I bid on something I tend to put my proxy bid and leave my desk…
I have about 80 “saved searches” on ExpiredDomains.net monitoring the pending delete lists for
5) Some tools
Here are some tools I use daily / weekly
Expired names
ExpiredDomains.net - Just incredibly useful tool for FREE. Plus the developer Marco is really nice.
Bulk check for available names
Namebright bulk (5k batches)
Rankz.io bulk checker (20k batches, $10/month)
Appraisal
Nameworth
I know that appraisal tools are despised by a lot of people but I really like Nameworth for it's high valuations.
1) I use it to weed out the worst names (the tool gives high valuations, so if it's low for a given domain maybe I should consider twice before buying/bidding high).
2) When I find a domain with a high appraisal, I search more about it. If I end up buying it, I divide the appraisal by some factor (2, 3, 4...) when I set the BIN for it.
6) One last word
Hope you enjoyed that long read as much as I enjoyed writing it. Any comments and questions are welcome.
Stay safe and good luck to you all in your ventures.
I thought I’d post a quick update on my journey with brandables since my last post on this subject has two years now! You can find it here: https://www.namepros.com/threads/how-i-made-8k-selling-brandables-and-how-much-it-cost-me.1073976/
It shows my results with brandables from end of 2015 to may 2018 and how I netted about $6.2k on Brandroot and lost about $1.8k with my Afternic / Direct Offer strategy.
Disclaimer: I know that since the domains listed on the different platforms are not the same and it’s hard to compare sales, but I sincerely think they are of similar quality for at least 80% of the inventory. I don't claim perfection in the following comparisons.
My sales results for the past two years have been the following.
1) Brandroot / Brandbucket: 6 sold of about 140 listed (2% of portfolio / year)
May - December 2018: 3 domains
- oo/wap: $1,795 = $1,115 after commission. Held 2 years 1 month. Handreged because is a nice “double o” + suffix from my list.
- Life/rr: $2,985 = $1,890 after commission. Held 2 years 10 months. Handreged because is a hack on life / lifer.
- Zen/Days: $2,485 = $1,480 after commission. Held 2 years 6 months. Handreged because is the association of two power words from my lists.
- Lib/pay: $2,500 = $1,650 after commission. Held 4 years 4 months. Handreged because is a 6L containing keyword Pay. Probably sold because of Libra trend. One of the few names I received direct offers for, between $50 and $500.
- ***/Data: $2,975 = $1880 after commission. Held 4 years 2 months. Handreged because is a power keyword + prefix from my list.
- Weav/**: $2,775 = $1740 after commission. Held 4 years 10 months. Handreged because is a 6 letters hack on “weave”.
- Sold 6 names on Brandroot/Brandbucket for $9,755
- Paid in registrations + listing fees + renewals : $3,097
- I netted about $6.7k ($6,658)
2) Afternic or through my own landers: 4 sold of about 230 listed (<1% of portfolio / year)
Note that all my domains not listed at BR/BB are listed with the same BIN at Afternic, Sedo, Unireg, Flippa, Domain Agents and redirect to my own lander with Escrow BIN button and Make Offer form.
May - December 2018: 0 domains
2019: 2 domains
- Nice/Trade: $1,500 = $1,200 after commission. Held 2 years 1 month. Bought low $xxx on GD expired auctions because is the association of keyword Trade with a prefix from my list.
Was listed $2,495, the offer was non-negotiable. I chose to accept it. - Sahu/ra: $1,975 = $1,580 after commission. Held 9 months. Handreged because tagged as previously sold on Brandroot.
- i/Joker: $2,975 = $2,365 after commission. Held 2 years 6 months. Bought mid $xxx on GD expired auctions because is the form “i“ + word. Sold at the time of the “Joker” movie.
- Tele/med/a: $3,225 = $2,840 after SEDO commission. Held 3 years 11 months. Handreged because used to be listed at Namerific and Telemed is a future trend. Sold because with the pandemics, the future is getting closer
Conclusion: Established Brand reputation is real.
Past 24 months results
- Sold 4 names through Afternic/Own Landers for $8,255
- Paid in registrations + renewals : $2,450
- I netted about $5.8k ($5,805)
Let's summarize including the sales from December 2015 to April 2018
Brandroot / Brandbucket | Afternic / Own Landers |
---|---|
Ki/to/no | Mo/ko/no |
Va/ma/za | Proof/us |
Exo/Code | |
Traver/ce | |
Trade/Viser | |
Data/Math | |
Moto/fi | |
oo/wap | Nice/Trade |
Life/rr | Sahu/ra |
Zen/Days | i/Joker |
Lib/pay | Tele/med/a |
***/Data | |
Weav/** | |
Dec 2016 – April 2018 | Dec 2016 – April 2018 |
Sold 7 names for $9,769 | Sold 2 names for $1,679 |
Sell Through Rate around 2% | Sell Through Rate around 0.5% |
Paid in registrations + listing fees + renewals $3,515 | Paid in registrations + listing fees + renewals $3,449 |
I netted about $6k ($6,254) | I lost about $1,8k ($1,770) |
May 2018 – April 2020 | May 2018 – April 2020 |
Sold 6 names for $9,755 | Sold 4 names for $8,255 |
Sell Through Rate around 2% | Sell Through Rate around 1% |
Paid in registrations + listing fees + renewals: $3,097 | Paid in registrations + renewals : $2,450 |
I netted about $6.7k ($6,658) | I netted about $5.8k ($5,805) |
TOTAL: Dec 2015 – April 2020 | TOTAL: Dec 2015 – April 2020 |
Sold 13 names for $19,524 | Sold 6 names for $9,934 |
Sell Through Rate around 2% | Sell Through Rate around 0.8% |
Paid in registrations + listing fees + renewals: $6,612 | Paid in registrations + listing fees + renewals: $5,899 |
I netted about $13k ($12,912) | I netted about $4k ($4,035) |
3) Conclusion: the brandable platforms wins, but...
The clear conclusion from the table above is that the brandable platform does a better job than me at selling my brandables.
But when I separate results for phase 1 and phase 2 of my journey, I consider there are good results in phase two with Afternic/Own Landers: I netted nearly the same with 4 names sold through these than BR/BB with 6.
Also note that my STR with Afternic/Own Landers doubled from a very low 0.4-0.5% to around 1%, which shows me that my efforts to better my portfolio are giving some results (more on that below).
4) What now?
Here is what I’m doing right now.
4.1) Dropping more names
Letting go the low end of my inventory, about 90 names so far in two years. Some of them I can’t recall why I registered in the first place (some of you may know this feeling ).
4.2) Appraising my inventory with BB
I now systematically submit my brandables to Brandbucket. I happily pay the $1 fee and (less hapily) wait for 45 days to get their appraisal.
- Some of the names they value high (for me, "high" means mid/high $x,xxx / low $xx,xxx). I list those without hesitation because I think they will do a better job than me at selling them and I’ll be happy with my share.
- Some they value too low in my opinion. Those I list with Afternic and the other marketplaces (6 in total) and direct to my own lander without hesitation.
- Some are valued about what I’d price them so my share after commission will be quite small if they ever sell. I still think they might sell more easily on BB than through the other channel. So I list those reluctantly. I think I will wait one or two more years to see if any of them sell. If not I may resell them to other BB sellers or liquidate/drop.
4.3) Reviewing my price strategy
In short, I increased my prices, which has been especially good to me for the name I sold with my own lander. I Think two years from now, I would have sold it for less and paid more commission on it since I didn’t have landers back then.
4.4) More research
- Research what sold on the brandable marketplaces
- Building lists of names listed and dropped
- Researching those available for handreg, pending delete etc...
4.5) Raising the quality of my portfolio
- More 5Ls - Less 6Ls
- More short names hacks/play on words - Less invented. (USfee rather than
qenqe) - More Two Worders with at least one “power word” - Less 7+Ls purely invented brandables (like Electromni). (By "power word" I mean strong keyword in niches I like. The ones I stick with are “Data”, “Trade”, “Crypto”, “Pay” and a few more…)
- More 1word.io (like Xanadu .io)
I buy mostly on the drop or handreg names that come up available after researching the lists in 4.4). I try to avoid auctions because I loose my temper too easily and can get caught in auction fights. I bought a one word .net once for low $x,xxx and I didn’t even had the money on my main account at that time. Lesson learned! Now when I bid on something I tend to put my proxy bid and leave my desk…
I have about 80 “saved searches” on ExpiredDomains.net monitoring the pending delete lists for
- 5L and 6L with certain patterns
- “Power” keywords I like or I have sold domains with in the past.
- 1 word in other extensions
5) Some tools
Here are some tools I use daily / weekly
Expired names
ExpiredDomains.net - Just incredibly useful tool for FREE. Plus the developer Marco is really nice.
Bulk check for available names
Namebright bulk (5k batches)
Rankz.io bulk checker (20k batches, $10/month)
Appraisal
Nameworth
I know that appraisal tools are despised by a lot of people but I really like Nameworth for it's high valuations.
1) I use it to weed out the worst names (the tool gives high valuations, so if it's low for a given domain maybe I should consider twice before buying/bidding high).
2) When I find a domain with a high appraisal, I search more about it. If I end up buying it, I divide the appraisal by some factor (2, 3, 4...) when I set the BIN for it.
6) One last word
Hope you enjoyed that long read as much as I enjoyed writing it. Any comments and questions are welcome.
Stay safe and good luck to you all in your ventures.
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