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?

 

[pinkdragon]

@Bulloney make one sale. Sell one of your .today or .whatever you have. Just prove we are wrong, and you are right.

 

[DaveX]

@Bulloney

As someone mentioned, there is little that hasn't already been done or explored as far as marketing and selling domains. It's about finding your lane. Whether outbound, websites, auction sites, various marketplaces, ebay, billboards or whatever, it's about being in control of your portfolio. Yes, holding time for domain names can be long, and sometimes it can be short. For me, if I put myself in selling mode, I just put good names out there and they get action.

There are so many different areas in this wide open industry, that it would not be possible to cover all of them. I will say that I too believe that good (and properly priced) domains sell simply by having them up for sale. All the time actually.

Understanding where the audiences are and where a domain will get the best exposure is the name of the game if you ask me. Even each auction platform has it's nuances. And the buyers have different tastes I find.

 

[Recons.Com]

Letsnotargue.today

Wonder if it is available?

 

[Rich]

The learning curve can be costly for any newcomer. In 2016 I made 30k from all inbound sales, paid out 3k for renewals and acquisitions. I've never had more than 300 names, but I like to think they are quality names. Slow and steady wins the race

 

[DaveX]

Letsnotargue.today

Wonder if it is available?

Lol...good one.

 

[ThatNameGuy]

The learning curve can be costly for any newcomer. In 2016 I made 30k from all inbound sales, paid out 3k for renewals and acquisitions. I've never had more than 300 names, but I like to think they are quality names. Slow and steady wins the race [/QUO

The learning curve can be costly for any newcomer. In 2016 I made 30k from all inbound sales, paid out 3k for renewals and acquisitions. I've never had more than 300 names, but I like to think they are quality names. Slow and steady wins the race

Hey Rich...my name is Rich too, but some call me Bulloney. I'm new to domaining, but I know enough about business to realize just how screwed up this industry really is. I haven't built and named dozens of successful businesses from the ground up because I'm clueless What I find hard to believe is, while I'd carved out niche's in industries that I had an interest, few, if any in those industries doubted my abilities or my integrity. I see where you've been a NamePros member since 2008, and you've been doing it the same way year after year. Maybe it's just me, but I've developed contacts and have friends and peers in the financial services industry, the residential and commercial real estate industry, the healthcare industry, the sports and entertainment industries, and even the social media industry. That said, I know for a fact that "so called" end users don't have a clue about this industry, nor is anyone trying to educate them That's going to change....this industry is too hosed up, starting with the appraisal piece, for me not to be able to make waves To further emphasize my point, I've been either a partial owner or full owner of over a dozen businesses since the first .com in 1985. I purchased my first domain ContactUSA.com around 1992, and until last year, I'd purchased 10-20 domains for a variety of businesses. Note, below this post, I purchased a domain September 1, 2001 that I use strictly for my personal email address, and I've had that domain for 17 years, 7 years before you became a member of NamePro's. Why am I saying all this? Not ONCE in the 30 years of my knowing about domains have I ever been approached to buy a domain. Sure there have been adds by GoDaddy on tv, but other than that, I'd never even seen a site like the site I'm preparing under the Efty Brand for selling some of my domains. I'd share the name with you, but it's also just below this post.

On a final note...I see from you're profile you're from Central Florida. Great place to be this time of year I use to own a condo on the ICW in Stuart, and enjoyed cruising the ICW from VB to Florida when I could afford it. Come to think of it, I could have been buying domains while cruis'n and booz'n. Take care my friend.

 

[Recons.Com]

Wow. If only in 1992 you decided to reg few LL.com LLL.com and top 1000 dictionary words )

 

[ThatNameGuy]

Wow. If only in 1992 you decided to reg few LL.com LLL.com and top 1000 dictionary words )

CouldaWouldaShoulda.com That said however, I'm just happy to be alive

 

[Rich]

I'm not saying I never do outbound, if the names are not getting much interest (inquiries, whois lookups, traffic, etc.) I add it to the outbound list. Takes a while to figure which names have a chance to sell for $X,xxx+, how many of those are liquid/hype that are going up or down in value? This is more or less a hobby for me as an underachiever, but its paid out well with the right research. I was online in the early-mid nineties as a teenager developing local websites and never heard of buying and selling domains until 2008 when I joined namepros

 

[Tshombe]

Letsnotargue.today

Wonder if it is available?

It actually is. Going for $4.99

 

[Recons.Com]

CouldaWouldaShoulda.com That said however, I'm just happy to be alive

Isn't it your lucky day? ))

 

[JB Lions]

The important number here will always be 0. Domains sold.

Supposed contacts, supposed marketing experience, supposed deal but of course 0 details, there's that number again. Like a bad door to door salesmen. Hey, your name is Rich, my name is Rich too. You're from ___________ I love it there.

So over 1000 domains, 0 sales. But much more experienced than everybody here.

 

[BaileyUK]

As we all know, the sales put a smile on your face but, it's the renewals that will break you. Don't think there was any discounts or much difference in registration costs when I started-out but in away I'm quite glad, I'm sure the temptation to register all-and-sundry would have been 10 fold.

ps - just seen an Apple advert on UK TV this evening for one of my sold domains, felt like I was watching one of my children on TV
touchn*te.com . Hand reg from about 16 years ago

 

[ThatNameGuy]

Isn't it your lucky day? ))

Show attachment 81818

OK...don't know your real name Recon, but wouldn't you like to tell your friends to email me;
[email protected] well, I dropped the "Just" and reg'd simply, HappyToBeA.live Seriously, I did just register it because I thought it would be pretty cool to tell others to email me; [email protected]. Recon, who wouldn't be envious of whoever owned HappyToBeA.live. Thanks for the tip Recon

btw, and as an fyi; HappyToBeAlive.com was taken

 

[ThatNameGuy]

As we all know, the sales put a smile on your face but, it's the renewals that will break you. Don't think there was any discounts or much difference in registration costs when I started-out but in away I'm quite glad, I'm sure the temptation to register all-and-sundry would have been 10 fold.

ps - just seen an Apple advert on UK TV this evening for one of my sold domains, felt like I was watching one of my children on TV
touchn*te.com . Hand reg from about 16 years ago

BaileyUK....none of my domains renew, UNLESS I make a conscious effort to renew them. Are you missing something or am I????

 

[BaileyUK]

BaileyUK....none of my domains renew, UNLESS I make a conscious effort to renew them. Are you missing something or am I????

hi Rich, I'm not really sure what your game-plan or strategy is. I registered most of my domains based on future technologies, so I knew I was in it for the long-term. If your planning to drop all your domains prior to renewal then of course you'll be thinning-out from November this year. I do see a future for some of the new tlds .but as for 12 month flips being a plan. That I'm not so sure about. Your registering in a future market in regards to your 'chosen' extensions, it will take many years for that market to gain any traction (if it ever does).

you'll know if you had any worthwhile ones when they get taken by others at the drops.

 

[ThatNameGuy]

hi Rich, I'm not really sure what your game-plan or strategy is. I registered most of my domains based on future technologies, so I knew I was in it for the long-term. If your planning to drop all your domains prior to renewal then of course you'll be thinning-out from November this year. I do see a future for some of the new tlds .but as for 12 month flips being a plan. That I'm not so sure about. Your registering in a future market in regards to you extensions, it will take many years for that market to gain any traction (if it ever does).

you'll know if you had any worthwhile ones when they get taken by others at the drops.

Oh, I'll renew the good ones which I believe will be around 50%. I just don't want to be stuck holding a bag of so so domains. If one or two slip through the cracks and someone picks them up, I'm good with that. It wasn't meant to be

 

[MR Harrist]

I do agree with you bulloney! because recently, when some experts said, my domain are bad(not just bad, in fact horrible)! I just sell them in here, about $300! I pay about $25, at GD, and profit almost 10 times! imagine if I don't promote to the right people! I bet, It will never sold!

Even though, I must agree if some one said, Good domain can sell themself! good domain mean high price! lets be real, ppl like me never afford to buy that kind of domain! e.g 4L pronouncable, 3L, Numeric domain and etc! because all I got is just an average domain! e.g Hand Reg, Dot Net, and if I lucky, I got, EMD domain, and etc!

For someone like me, it's very true, that if I just sit and wait an offer! to be honest, I will never sell my domain! though, with a little luck! I think I can make decent profit! as long I offering to the right people at the right time!

in sales Biz, you can ask anything! but don't claim about something! because sales ppl have no right to tell what is right and whats not after all, we all sell crap(BS)! not product!

 

[BRANDERX]

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.

I love the last paragraph. Its true. Inconveniently true, but true & it motivates me as well. I do also agree that marketing to end users works.
Keep it positive everyone.

 

[lambo.com]

Wow. If only in 1992 you decided to reg few LL.com LLL.com and top 1000 dictionary words )

Ah yes, but opportunity stares at you all now squarely in the face. If only in 2018 you know how to spot an altcoin that will go up 100-10000x.