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Hi all
To all that are successfull please share your tips for making it for all us newbies.
*From how YOU started --- to now.
*the goods the bads.
*the pros and cons..

*how YOU get visitors for your parked domains and developed sites.
*YOUR short cuts(if any)

if there is a post simular please post the link here..
 
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Actually I'm a newbie, too, quitting domain interest shortly after entering domain market and joining here in 05, just coming back to domain market.

What I do feel sincerely are:

The First Tip: You must have good domain(s) for making profits.

......

The Middle Tip: You'd better sell your good domains directly to end users, not to mainly advertise to domain forums here and there.

......

The Last Tip: You'd better not simply rely on domainer profits---You'd better try other online/offline business opportunities, at the same time, for your enough earnings.
 
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Although not entirely successful, I am making some nice extra cash with Domaining. (I hope to be full time domainer at the end of the year). I have two pieces of advise.

1. Never stop learning. This industry changes all the time, dont sit back with one strategy for too long, you'll miss other oppertunity.

2. Because this is a "relatively" new industry, look for things that havnt been done yet, and do them. There are lots of "holes" in this industry, and it just takes someone with a new idea to do well. (take for example: LeaseIt.com)
 
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1). Jump in a Delorean, travel back in time to 1992. Register every known dictionary word applicable from Network Solutions.

2). Jump back in Delorean, travel back to the year 2005. Have fun, get rich.
 
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Look for quality names. Save money to buy one good name, rather than 100 mediocre ones. If you plan to develop a website then a halfway decent name will do. But if you are looking to resell the domain, or park it, then you need a quality name.
 
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Be patient and don't waste too much time while waiting for sales.

Don't rush into spending a lot. Keep testing and refining buying and selling strategies to get the best ROI.

Find 100 great names and don't register 99 of them.

Remember 20+%/year for 3 years growth in an asset is considered fast but typically in domaining this can often include a period of over 6 months where there is no growth.

Always factor in renewal fees with the cost of a domain. Assuming renewal fees are $9/year, a $100 domain after 5 years costs only 3 times the price of a reg fee domain (not 13).
 
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thanks pple

great advice ppl keep it comming..this is great for me and all the newbies that find namespro...

domainspade great tips..thanx and thanx to all.

here is a list of domains I have do you think Im going in the right direction..?

onlinefordesign.com
lrloans.com(site in development)
credittemple.com
paylodge.com
tootscasino.com
rmech.com
magnizmo.com(site in development)
fapland.com
ngphones.com

do you think Im aquiring good names??
once again thanx for all ya posts on this topic
 
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I think onlinefordesign is definetly your best, its a nice easy phrase, kind of fun. Developable into a decent web development site. Are you heading in the right direction? Yes, but probably not in the way you think.

Your learning, and asking the RIGHT questions. How do you improve? the trick is to keep learning. Honestly, its going to cost you... your going to register domains you shouldnt have, and months from now, your going to look back at your first registrations and ask yourself what you were thinking.

My recommendation - go to the auction block for expiring domain names. Search through TDNAM's 5 dollar list. They have lots of decent domain names available for about $15 (with 1 year renewal) - I picked up OriginalTrack.com just the other day. Now, will it pay off? We'll see - but I think its a stellar domain for a Music site and it has some age. (which is also a sign of potential value).

Justin
 
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domainspade

thanks..
onlinefordesign was my very first domain I purchased ,I was getting into webdesign and i was goin to make a heap of templates then sell them through on the site..kinda like template monster and sites alike..

Im kinda all over the place right now ,Im starting to get hooked on domaining,plus im developing 2 sites at once lrloans and magnizmo although i kinda sick of magnizmo...

to all --whats the easiest way you find to build your site and get it recognized?

domainspade Im glad you think Im on the right track ,with a forum like this and ppl like you that help .I defenantly think i can make a go of domaining..
 
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I like onlinefordesign.com and paylodge.com

One little thing that I do is check that there are over 10,000 searches for a term on Google before registering a domain with the names. It is not a good strategy to buy names just because there is a lot Google results (e.g. AndTheBigBang.com is not a good domain) but rather it is often a good idea to filter out names with very little search results.

Also learn which names are more popular than others.
e.g.
Great is more popular than Awesome.
World is more popular than Place.
RealEstate is more popular than Property.
Without Hyphens is more popular than Hyphens
.com is more popular than .net
Singular is usually more popular than plural.

Take criticism as a compliment(learning opportunity), not an insult. People often criticise to help others avoid worse situations out of respect.
 
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magnizmo said:
domainspade Im glad you think Im on the right track ,with a forum like this and ppl like you that help .I defenantly think i can make a go of domaining..

:) I do what I can. Im just glad I can help someone and pass along some of the information Ive learned from others. No one knows everything, but with a forum like NamePros you can get just about every question you could possibly have, answered!
 
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Its hard to slow down

All you guys are great...
its so hard to slow down I mean I just want to keep learning and this forum is great for that,i havent been developing my sites cause i spend hours researching this forum and other sites like dnjournal and moniker . I really enjoy domaining and I havent even sold any of my domains (only been domaining for 2-3weeks) mainly because there seems to be hope of grabbing that 1 top dollar domain.its kind of like gambling really so many ups and downs.

maybe I should get a job.lol...no jobs in my town though.
any offers. :hehe:
 
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domainspade said:
1. Never stop learning. This industry changes all the time, dont sit back with one strategy for too long, you'll miss other oppertunity.

2. Because this is a "relatively" new industry, look for things that havnt been done yet, and do them. There are lots of "holes" in this industry, and it just takes someone with a new idea to do well. (take for example: LeaseIt.com)
This is truly nice advice.

Congrats.
 
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YesBrilliant said:
This is truly nice advice.

Congrats.

It is.....and NameBio is also a good example of focusing on a well needed domain tool.


.
 
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gazzip said:
It is.....and NameBio is also a good example of focusing on a well needed domain tool.
.


Ahhhhhhhhh. Thanks guys!
:blink:
 
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