discuss Some Say; "Good Domains Sell Themseves"

[ThatNameGuy]

Since I became a member of Namepros just four months ago, I've heard several members say; "Good Domains Sell Themselves" to which I say Bulloney!

For anyone to truly be successful in this business, one needs to aggressively and passionately market their own domains, ie., ABS or Always Be Selling.

There are plenty of good domain names that will never sell simply because they never get exposure, or very little at best. "Average" domains, which most domainers own, can be sold profitably with the right expsoure.

The best advice I can recommend is to identify what industry your domain represents; ie, healthcare, financial, sports and entertainment, social real estate etc., and market your domain directly to potential buyers in that industry. To simply list it on any site, and hope that someone will come along and buy it is ludicrous. Yet this is the way I've been told to sell....how sad

Wake Up domainers! It's time to realize how screwed up this industry is, and do something about it. I'm doing my part, how about you?

 

[garptrader]

Garp...thanks for sharing. Many of my domains aren't meant for the small business owner. They're meant more for leaders in the finance inudstry, the healthcare industry and the residential and commercial real estate industries. These industries can afford to pay tens of thousands of dollars for domains, and I plan to exploit those industries to the best of my ability. Most of my domains are more suitable for lead generation, and I'm willing to let them try it for a monthly fee with an option to buy....Finally, I will say to you, many of the small Mom and Pop type businesses may not be able to afford 10K for a domain, but they can afford $25, $50 or maybe even $100 a month for a domain that generates leads and ultimately sales....

Bulloney I work in finance / accounting so I am well aware of what companies spend on business travel, IT & legal expenses and even marketing. What businesses can afford to spend and quite often do spend on admin costs or other forms of marketing for some reason just rarely makes it to spending on domain names. I saw an ad in the last year for a SEO/PPC manager with a $250k monthly ad budget yet the domain they were using was obvious reg fee. It was a company here in South Florida but I had never heard of them before.

 

[garptrader]

Funny thing is I recall the company was a medical company in the Boca Raton area but I do not recall what the name of the company was or what domain they were using - it just was not memorable enough...
(despite a $3 million annual ad spend)

 

[dordomai]

Garp...thanks for sharing. Many of my domains aren't meant for the small business owner. They're meant more for leaders in the finance inudstry, the healthcare industry and the residential and commercial real estate industries. These industries can afford to pay tens of thousands of dollars for domains, and I plan to exploit those industries to the best of my ability. Most of my domains are more suitable for lead generation, and I'm willing to let them try it for a monthly fee with an option to buy. Take a domain like refund.loans or even taxrefund.loans, I'd be willing to work a sweet deal with an H & R Block, a Jackson Hewitt or a Liberty Tax Service (actually Liberty Tax is headquartered here in Va. Beach, and I'm pretty sure I have a good chance to get to the founder John Hewitt who was the Co-Founder of Jackson Hewitt, and the the founder of Liberty Tax).....damn, I just thought of that....and to think, they're right here in my backyard.

Finally, I will say to you, many of the small Mom and Pop type businesses may not be able to afford 10K for a domain, but they can afford $25, $50 or maybe even $100 a month for a domain that generates leads and ultimately sales. They're not looking for me, but I'll be looking for them. Stay tuned, and thanks for again.

leaders buy .com only not cheap extensions

 

[Kuffy]

I saw an ad in the last year for a SEO/PPC manager with a $250k monthly ad budget yet the domain they were using was obvious reg fee. .

I can understand why they needed a SEO manager.

 

[FolioTeam]

I agree that good domain names sell themselves. The problem is that they don't seem to be too good at valuing themselves, as they all seem to have a low estimate of self worth. $25 seems to be a fairly common value.

Lol at the $25

 

[FolioTeam]

Bulloney,

I would love to hear your success stories in the advice your giving.

Good names do sell themselves, and when the people who seek them are knocking
At YOUR door, you hold more leverage. If your knocking at their door disturbing them, you lose leverage.

Just because they are not knocking at your door, doesn’t mean you can go around giving bad advice. There is something wrong with your domains, so don’t be fooling yourself, because nobody else is fooled by it.

Sure, marketing to direct end users works, if you have something vastly better to offer them that makes them want to waste a lot
Of time, and money to see the worth in reorganizing around that new domain.

This industry is self governing, nothing screwed up about it, if you have a good name, people want it, and if you have a bad name, nobody wants it.

Not sure what we are waking up to, but quality, over quantity is the secret to success. In 2018 quality costs money,Yes for sure.


I’m sure your gtld sales pitches have fallen on deaf ears, for us to be enlightened with this Jerry McGuire manifesto.

What most people I don’t know why, just don’t understand domaining is not easy. This is not about buying a $100 godaddy domain, and selling it the next day for $20000. Those fairytales you see, are few, and far between. It happens but mainly it’s a numbers game. Domainig is homework homework homework, reading, understanding trends, gambling, thinking outside the box, willing to lose it all, no gurantee of any returns. It is very risky, and a lot of hard work.

Lol at the Jerry Maguire manifesto. Not sure he can pull off the "Show me the money" scene, though

 

[BarryDavis]

There are no 'good' domains. What you think is a 'good domain', may be average or of no interest to others. There are domains which are 'good' for ones business. If you find that 'one person' who needs your domain, your domain becomes a valuable asset.

If someone wants a specific name, they will find it. If you have it, they will come to you. You don't have to do outbound, just play the waiting game.

 

[BarryDavis]

I believe there are good domain. Some names are more valuable for a reason. If you have a name that is appealing to only one person, I wouldn't call that a good domain. A domain that appeals to many people and has a commercial value. I would qualify that domain a good name.

 

[ThatNameGuy]

leaders buy .com only not cheap extensions

Fella....I'm a leader way beyond your comprehension, and I know BS when it's presented. I guess I'm just blessed that way...now, like I told your buddy Giles STOP STALKING ME!!!!

I believe there are good domain. Some names are more valuable for a reason. If you have a name that is appealing to only one person, I wouldn't call that a good domain. A domain that appeals to many people and has a commercial value. I would qualify that domain a good name.

Barry...I agree, but the question is, does a good domain sell itself? Maybe it's a matter of semantics, but I'm sure there are plenty of good domains that are never sell just because potential end users don't know they exist. I can give you examples of several domains I registered in the last 24 hours that are "good domains" according to your definition, but they need exposure just like your home does, or it may never sell I'm going to the thread, "Your Reg of the Day" and post these names to see if you would agree. I would post them here, but I'm afraid it would be in violation of NamePro's TOS? Thanks again Barry.

 

[dordomai]

Barry...I agree, but the question is, does a good domain sell itself? Maybe it's a matter of semantics, but I'm sure there are plenty of good domains that are never sell just because potential end users don't know they exist. I can give you examples of several domains I registered in the last 24 hours that are "good domains" according to your definition,

Good domains that sell themselves are not available for hand registration. These are domains that many people think of that is why they are not avialable. Handregs are domains that no one else thought of before that is why it is hard to fnd a buyer for them.

 

[ThatNameGuy]

Good domains that sell themselves are not available for hand registration. These are domains that many people think of that is why they are not avialable. Handregs are domains that no one else thought of before that is why it is hard to fnd a buyer for them.

Now we are talking semantics...I've personally hand reg'd some damn good domains that may eventually sell themselves, but I'm not waiting around hoping and praying someone finds them It may or may not happen. Trust me when I say, it's a total misnomer to say that good domains that are hand registered can't find a buyer. Stay tuned

 

[dordomai]

Now we are talking semantics...I've personally hand reg'd some damn good domains that may eventually sell themselves, but I'm not waiting around to hope and pray someone finds them It may or may not happen. Trust me when I say, it's a total misnomer to say that good domains that are hand registered can't find a buyer. Stay tuned

OK. Hope we can see a sales report soon.

 

[ThatNameGuy]

OK. Hope we can see a sales report soon.

Soon enough my friend...however it depends on what your definition of "soon" is. Mine is, in enough time to cover my nut before my domains start to expire in about nine months. Remember, nine months is enough time for a fetus to mature into an evolving human being outside the womb

 

[garptrader]

Perhaps an analogy can be made between selling domains and professional employment.

If an inexperienced (student still in school) engineer or computer programmer or accountant, etc randomly sends unsolicited resumes with lofty salary expectations to companies who have no open position for that skillset, that effort is unlikely to produce a favorable result. This is kind of like the newbie hand regging a domain for $10 and then spamming a bunch of end users with "Do you want to buy my domain for $7500."

If a company has an open position and it is posted on Indeed, Monster or Linkedin, experienced professionals looking for an opportunity in that field may submit applications. However, such openings have very tight requirements as to the experience and education they are looking for and how much they are willing to pay any potential new employee. This is kind of like responding to the Domains Wanted Section of NP where people ask for a one-word .COM and have a $100 budget.

Alternatively occasionally an experienced professional with desirably experience will be contacted by recruiters for positions they are trying to fill. It probably helps to have a resume posted on Indeed or a Linkedin profile so recruiters know you are open to new opportunities. Then one can ignore / reject roles which do not offer compensation or otherwise what one is looking for. This could be compared to having a landing page for one's domains allowing interested buyers to contact you but placing a minimum offer to filter out lowball offers. .