- Impact
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To add to RJ's post here: http://www.namepros.com/join-the-domain-buyer-group/598906-hi.html#post3525153
As a member of a buyers group nothing really changes for you on your day to day, but now when you are shopping around or browsing a forum and see a name that is out of your budget, but a good price, you pitch it to the group. Usually it goes something like this:
"I found soandsodomain.com for sale here, I think it's a fair price and could be flipped to any number of these companies: company a, company b, company c. I don't think it will get much traffic, but it's value is in its generic nature. I can put forth 25% of the BIN, but I think we can get it for a little less. Any interest?"
So obviously that is something I made up, but that is how it goes. Group members come across a name that the group can scoop up, they pitch it with any relevant info they have, and say what they can put towards it. The money isn't raised every time, our offers aren't accepted all the time. It's very much like domaining on your own except now you can compound the resources of the group with your own.
Not everyone in the group has a share in all the names. It might only take two members combined to afford a domain.
Once a domain is bought the owners are designated an amount of shares. Shares work like this:
Domain.com - Bought for $2500 - $25/share
Member A put forth $500 so he now owns 20 shares of Domain.com
Member B paid $1000 they own 40 shares of Domain.com
Member C also paid $1000 and has 40 shares of the domain.
This information is archived in the private forum. All domains are broken into 100 shares.
Group members can and do sell each other shares. It's nice to have a little added liquidity. You can sell your shares for a profit even if the domain hasn't sold yet.
Obviously the $750 is a barrier to entry, but it's also a commitment to the group. We discuss a huge variety of topics related to doing business online that you just would not talk about on an open forum. Some people will offer up a website underdevelopment for feedback and they can do so because their idea will not be stolen. That's not to say we share everything, but their is definitely a great deal of courtesy between members.
I hope we can get some new blood on board with fresh ideas. Don't limit your focus to domains. Web development is also something of interest to the group as RJ already mentioned.
This is getting way long. If you are an experienced domainer or web developer who loses sleep at night over missed opportunities due to your limited budget get in touch with RJ.
If you are going to lose sleep over your $750 then don't get in touch with RJ. It may be a while before you spend it all if none of the domains we are buying interest you or none of the domains you propose work out. If $750 is all you can spare don't get in touch with RJ. I'm not trying to be mean, but realistic.
Feel free to pm me.
As a member of a buyers group nothing really changes for you on your day to day, but now when you are shopping around or browsing a forum and see a name that is out of your budget, but a good price, you pitch it to the group. Usually it goes something like this:
"I found soandsodomain.com for sale here, I think it's a fair price and could be flipped to any number of these companies: company a, company b, company c. I don't think it will get much traffic, but it's value is in its generic nature. I can put forth 25% of the BIN, but I think we can get it for a little less. Any interest?"
So obviously that is something I made up, but that is how it goes. Group members come across a name that the group can scoop up, they pitch it with any relevant info they have, and say what they can put towards it. The money isn't raised every time, our offers aren't accepted all the time. It's very much like domaining on your own except now you can compound the resources of the group with your own.
Not everyone in the group has a share in all the names. It might only take two members combined to afford a domain.
Once a domain is bought the owners are designated an amount of shares. Shares work like this:
Domain.com - Bought for $2500 - $25/share
Member A put forth $500 so he now owns 20 shares of Domain.com
Member B paid $1000 they own 40 shares of Domain.com
Member C also paid $1000 and has 40 shares of the domain.
This information is archived in the private forum. All domains are broken into 100 shares.
Group members can and do sell each other shares. It's nice to have a little added liquidity. You can sell your shares for a profit even if the domain hasn't sold yet.
Obviously the $750 is a barrier to entry, but it's also a commitment to the group. We discuss a huge variety of topics related to doing business online that you just would not talk about on an open forum. Some people will offer up a website underdevelopment for feedback and they can do so because their idea will not be stolen. That's not to say we share everything, but their is definitely a great deal of courtesy between members.
I hope we can get some new blood on board with fresh ideas. Don't limit your focus to domains. Web development is also something of interest to the group as RJ already mentioned.
This is getting way long. If you are an experienced domainer or web developer who loses sleep at night over missed opportunities due to your limited budget get in touch with RJ.
If you are going to lose sleep over your $750 then don't get in touch with RJ. It may be a while before you spend it all if none of the domains we are buying interest you or none of the domains you propose work out. If $750 is all you can spare don't get in touch with RJ. I'm not trying to be mean, but realistic.
Feel free to pm me.
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