ImperiousDon
Established Member
- Impact
- 5
Can you give me some advice ?
I'm talking about pure profit...and I wonder how could you sell the same domains in a single first year by selling to end users. I know that you are selling mostly domains bought 10 years or more. So waiting 10 years for making xxxxxx profit it's worth it, comparable with making xxxxx selling in the first year and reinvest that amount? It's pure math...count that xxxxx amount, reinvested over and over for 10 years and you will have the final result. We are not even talking about domains that could loose value in this time and domains which you will not sell ever in your life...if you add them to the total you will see what means successful.Making xxxxx in year dosent make you successful! Its just peanuts. You would be making xxxxxx selling to end users
Thats what I am saying you do not need blog!
Booth brothers are not domainers. They are brokers.
And no making 2000 more selling to other domainers dosent make you succesful!
Thanks
I did a tiny $133 a few weeks ago on Undeveloped and got something like $121 in my paypal. So I think it might be 9-10%.Not true. They charge 20%, $15 minimum, in commission. I think their minimum price is $50.
I did a tiny $133 a few weeks ago on Undeveloped and got something like $121 in my paypal. So I think it might be 9-10%.
"Transaction closed - We just sent the payment of $121.03. This transaction is now closed. Again, congratulations and thank you for using Undeveloped!"
Very nice people to deal with.
Well there is no single strategy . Further Every one has their own strategy and no one is wrong in that..
I personally deal in hand register domains and purchase around 300 domains per months (geo and keyword)... normally I sell around 10% of the same via outbound and I have a dedicated team for the same. I sale 50% to resellers in low to mid xx range within first few months itself... I hold 5-10% for long term as u do get such decent domains even in daily expiry list... lastly I drop 20% of the remaining lot or sell at namepros for 1-2$ each.
My average acquisition cost is $4 and average end user sale price is $300 and reseller price is $20 so in nutshell I am in healthy profit on monthly basis...
However it didn't happen overnight and it took over a year to reach this stage...
Yes I had a small team but I like yours better.You can hire your own team and start with outbound... Though it takes time to run outbound on auto mode... feel free to let me know if I can be of any assistance
Thanks! Only 3 hours of sleep last night...He's talking about Undeveloped at 9% fees.
Outbound!You can hire your own team and start with outbound... Though it takes time to run outbound on auto mode... feel free to let me know if I can be of any assistance
You think it would be easy to flip at really cheap prices, but you will put in the same effort as you would on a mid $xxx domain.
Agreed again. But targeting domain sales of $500 - $1,000 is hardly going overboard and flying to the moon
Respectfully, I have to agree to disagree with you on this count all the way! Thinking big has no such prerequisites!
For me I sell names at all levels from xx to xxxxx
I move a lot of volume. You cant see my vision you only see your assumption stats lol my method works well so Paul your wrong I'm not going to try and break down my strategy if you lack the knowledge to do what I do that's on you
And @nyjumbo if you open u your eyes some you will find a link for $1 .coms on namepros good luck
You also asked where you can sell handregs yo resellers well one of the best places on earth is NAMEPROS
Agreed on this last... metrics aside, life is simply too short to play for proverbial peanuts. Seriously, we, each of us, have a relatively short time on this earth, something many newcomers, that is younger people, do not appreciate yet. A decade or two ago, neither have I! Hence my suggestion that OP up his game right out of the door and target the $500 - $1,000 low to mid-end end user market with all the pitfalls that implies.OK, fair enough. As a purveyor of wholesale inventory I agree that STR is higher on domains that go cheaply (let's call it 5%) but it's still not high enough to make up for the cost of acquisitions and renewals, much less the value of your own time.
Trying hard to see where I called this guy a liar..... If anyone sees it, let me know....Defensive yes I dont ike being called I liar or being interrogated when I'm trying to share.
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Defensive yes I dont ike being called I liar or being interrogated when I'm trying to share.
I'm not going to watch your video
But if i had to bet it all has to do with afternic and and godaddy sales nonsense.
Sorry. With respect to your experience, this is not exactly right in this case. You talk about "best portfolios", while we here are talking about starting small. Talking EMD, Geo, etc. Here we can really sell just anything, for cheap, yes.The trouble with targeting $50-$100 is that the math simply doesn't work. The best portfolios out there have an annual sell-through of around 2%.
No I am not asking to show anything!
What are they selling in twitter? I mean Frank Schilling? Is he selling domains at twitter? I think not! Mayne promoting his new tld stuff, but that needs promotion
Can you give me some advice ?
No you can sell for lower! Min offer of $250 is only for "Price Requests" afaik!The minimum price is $250 on Afternic. So this is your absolute minimum. You then need to make sure the landing page correctly displays the price.
Yes, this is correct. @NYJimbo was talking about Undeveloped and not afternic!Congrats on the sale and glad to hear the process went smoothly! Can someone else confirm that they charge less than $15 minimum, as their website seems to say they have do charge 20% with $15 minimum.
https://www.afternic.com/sell-domains
They do at the top say they have the lowest commission in the industry, clearly not true at 20%, so is it possible they lowered it to compete with Undeveloped but forgot to update their page? There must be others who have had recent sales on Afternic who can confirm.
Outbound!
Two threads on forum that I like to lurk (reread)
https://www.namepros.com/blog/daily-dose-outbound-techniques.863492/
https://www.namepros.com/threads/outbound-process-for-beginners.1101291/