The different kinds of domainers!

[mwzd]

I wrote an article about (my perspective) on the different kinds of domainers there are -

The Investor
The Flipper
The Developer
The Builder
The Monetizer
The Broker and
The provider

Here's the complete article -
http://www.mwzd.com/2008/04/10/the-different-types-of-domainers/

What really kicked me is that Sahar commented on it -
http://www.conceptualist.com/2008/04/10/media-wizard-the-different-types-of-domainers/

Hope posting this here is cool

Just had to share, Cheers!

 

[NameCharger]

I'm a MPD (multiple personality domainer)

The Investor
The Flipper
The Developer
The Builder
The Monetizer

... of course the scale is relative and pales in comparison to the Big Dogs but I am in the black and enjoy the different aspects of it

 

[VURG]

Interesting.

I remember having a list of 5 types of domainers in the past.
The Investor (usually holds domains for >3years)
The Trader (A large percentage of domains are held for >3 months but <3 years)
The Flipper (Sells most domains within 3 months of purchasing them)
The Developer (Focuses attention on developing a few domains)
The Broker (Makes money buying and selling domains for other people)

I consider Monetizers to be Investors as they rarely part with their domains.
My understanding is that builders and Providers usually make more money from one of the above activities than the service they provide. They provide services to gain a contact list or have the opportunity to be in an environment to get the domain bargains when they occur.

For myself, I tried to be a flipper and it was too hard. I think most Domain Flippers move on because there is more money in waiting for a good sale. I have been the trader but my goal is to work towards becoming a broker/consultant. (Somebody else pays for the risk which means I don't have to stress about the domain values fluctuating)

 

[weblord]

If I can call myself a domainer, which is too much for me.
I'm :
The Builder - I won't let go just for myself alone, which creates more opportunities for me.
The provider - I provide services for the (THE) domainers.

:imho: i think to become successful in this field, you need to be wearing all different hats as mentioned by OP in first post.

 

[-REECE-]

Great article Samit

It's incredible how many people are successful in this industry with entirely different strategies...

I've always wanted to fit into your "investor" and "developer" categories, but find holding domains more than 6 months painful. What can I say... I'm a sucker for a quick ROI

 

[DnEbook]

dont forget ........ the foolish !!!!! been there done that

 

[-REECE-]

How many of us haven't?

dont forget ........ the foolish !!!!! been there done that

 

[nicedomains]

Excellent breakdown, thanks and repped. I have also linked to your article on my personal blog. Cheers

edit: Already repped you recently won't let me give you more reps. Thanks tho'

 

[Giode]

I posted this also in the comments in your blog.

Sameh,

Nice write-up! I think you did well summarizing the various types of domainers.

Far as me being a flipper: I actually sell for one reason…to reinvest. With every name I sell, I purchase 3-4 equal quality names. I don’t sell often, and never to resellers (except once). When I do sell, it is to end-users. In fact, I have only sold six names total, but own many premium generics, most of which are not for sale.

So I just wanted to add to what you have written, and point out that my strategy is not as much to make a quick buck, but obtain as many premium generics as possible. That requires occasionally unloading a name here and there, to make room for 3-4 others. Whereas the average “flipper” lives domain to domain.

At some point in the future, I plan to fit into the “Developer” category.

Keep up the great blogging

 

[-REECE-]

Hehe Giode, if I were to reverse everything you said, it'd pretty much be me...

Far as me being an investor: I actually sell for almost any reason… including to reinvest. I do sell often, and always to resellers. In fact, I have only(?) sold about 3000 names this year, and own few domains which aren't for sale.

I don't live domain sale to domain sale though, more like bulk reseller sale to bulk reseller sale

I posted this also in the comments in your blog.

Sameh,

Nice write-up! I think you did well summarizing the various types of domainers.

Far as me being a flipper: I actually sell for one reason…to reinvest. With every name I sell, I purchase 3-4 equal quality names. I don’t sell often, and never to resellers (except once). When I do sell, it is to end-users. In fact, I have only sold six names total, but own many premium generics, most of which are not for sale.

So I just wanted to add to what you have written, and point out that my strategy is not as much to make a quick buck, but obtain as many premium generics as possible. That requires occasionally unloading a name here and there, to make room for 3-4 others. Whereas the average “flipper” lives domain to domain.

At some point in the future, I plan to fit into the “Developer” category.

Keep up the great blogging

 

[Giode]

Hehe Giode, if I were to reverse everything you said, it'd pretty much be me...

Far as me being an investor: I actually sell for almost any reason… including to reinvest. I do sell often, and always to resellers. In fact, I have only(?) sold about 3000 names this year, and own few domains which aren't for sale.

I don't live domain sale to domain sale though, more like bulk reseller sale to bulk reseller sale

Reece, there is no way I could be skilled enough to sell the volume you do. Pretty amazing accomplishment!

...and yeah, I wasn't referring to you as "living domain to domain", but some I see do it seems.

 

[-REECE-]

Giode, I have to say the same about your accomplishments

I admire anyone who has the patience to hold a domain until the right offer comes around. Domaining really does favor the domainer who can afford to wait and it's something I really wish I had the patience to do... That being said, generic .coms fall far outside my comfort zone and I'd be absolutely terrified to buy in that market.

Reece, there is no way I could be skilled enough to sell the volume you do. Pretty amazing accomplishment!

...and yeah, I wasn't referring to you as "living domain to domain", but some I see do it seems.

 

[Giode]

Giode, I have to say the same about your accomplishments

I admire anyone who has the patience to hold a domain until the right offer comes around. Domaining really does favor the domainer who can afford to wait and it's something I really wish I had the patience to do... That being said, generic .coms fall far outside my comfort zone and I'd be absolutely terrified to buy in that market.

I think with generics it pays to be more patient, where as the opposite is true with volume sales. You are doing exactly what should be done with the domains you sell. You use a strategy that works.

 

[nicedomains]

Giode and Reece you guys are great examples of successful domainers IMO that have totally different strategies.

 

[mwzd]

NameCharger - most of us are, I can see myself in 3 or 4.

VURG - Investors hold domains that don't make money. Just coz the replacement value is too high, most monetizers won't. Read this for an insight -
http://www.sevenmile.com/2008-03/everybody-sells/

Thanks Reece, means a lot to me that you like it. Viz joining the first two groups - with BQB I think you qualify completely.

Weblord, nicedomains, thanks guys.

Giode, thanks for your comments, both here and on the blog. When I said domain sale to domain sale, I wasn't talking financially, more in terms of perspective. Though you probably make more with one sale than I do in a year from 3-4 categories

I wish I could be more like all the people i've mentioned on this post. Thanks guys for showing us the light.

Cheers!

 

[VURG]

mwzd. I like your article. I read the other one too.

 

[Red Rock]

Extremely observant!
Great article MWZD!
Not sure where I fit in.
I seem to want to do it all!
LOL!
Take Care,
Red Rock!

 

[soggyindo]

great article, and cheers for mentioning it, super relevant.
i guess another point is that they can feed into each other. i lean towards development, but if i see a good reseller opportunity (when trawling backorders say), or parking/traffic idea somewhere else in my travels, i feel i'd be nuts not to take it...


:bingo:

Also in some ways Developers can be seen as an extension of Monetizers (as much as Investors/Flippers). With the tiny payouts of parking domains, if you don’t have 100,000 domains it makes a lot of sense.

Nice work

 

[htmlindex]

I would consider myself more along the lines of "The Investor", I buy to hold on not to do a quick flip

 

[moped]

Good article, I would add;

The collector, really good domains can be collected like art and ownership of such domains has many rewards.