advice What Am I Doing Wrong?

[Junglist101]

I've been researching and learning the ropes within the domaining world for the last 5 or so weeks. This is a fairly short period of time, so I don't expect to be anything else apart from a beginner. However, I feel I have made huge progress in my knowledge and understanding of things. I can look at the first lot of names I purchased and realise how they were terrible, as example.

I've been reading a lot on this forum, all over the internet in general actually, and I've been playing the Domain Game App, which has sharpened my instinct somewhat. I've taken a look at what sells, and how people are selling domains. I've studied techniques for cold calling in outbounds, market place auctions, and yet I have yet to make a sale. I understand that it is a game of patience, but I would imagine by now, with all of the efforts and time I have spent that I should have landed one sale.

Here are the various methods I have used.
I have run GoDaddy and Flippa auctions with no success. I have listed on Sedo and Afternic, with no success and next to nil views. I have made outbound emails to fairly solid leads with only a handful of replies. When mentioning the quote I don't hear from them again. I've placed a fair amount of domains on Undeveloped (now Dan) and I've even Tweeted about my domains with relevant hashtags. So, what gives? Do my domains suck that bad? Here are say some of my better ones, keep in mind I've mainly been grabbing expired domains or hang registering new ones.

DreamProperty (dot) net
SpyGr (dot) com
Crystalizes (dot) com
InvestCut (dot) com
CalculateDebt (dot) com
MyBank (dot) space
JetPlane (dot) org
Gymm (dot) org
CrayFish (dot) info
EcoTherm (dot) org

 

[HotKey]

What I am seeing here is, what have you done right? And this thread is a huge step in the right direction. I think there's some valuable responses here, to which you've acknowledged and actually decided to use to change direction in your strategy. I wish more of us had your eagerness to take constructive criticism and learn from it- myself included.

Good luck.

p.s. DreamProperty and EcoTherm, are not bad at all, even with the extensions they sit on.

 

[richasis]

Who told you domains sell in a short period of time?

This is a waiting game and you will fare better with all dot coms, realistic prices and expectations.

Domains take years and even decades to sell and that’s if they are any good. Even good domains go unsold thus so many aged domains floating around. Quick sales happen for good names but they are the exception.

Domaining is not some get rich quick type undertaking. You have to have patience and buy good names.

^ THIS.

 

[Super-Annuation]

I've discovered a few tricks over the past 6 months, and now look back at the names I used to reg and cringe lol.

Some tips for you bud:

Always check the history of a domain name. I do this for my own reasons, but you can determine when it was first registered, how many times it's been dropped and picked up, how it was used and server etc. Greater the age the better the google rank, if many people have dropped and purchased... well you can make your own inference here, people also believe use may impact value.

Check for deleted and expired domain lists. We call them drops... I think. Your hand register may land you something unique and never registered, or you might come across an expired/deleted wonder, but using lists help you zone in on value that may have been overseen, or someone simply couldn't afford to reg and had to choose between the dropped domain, and their other domains.

Check the Cost-PerClick (CPC) as we're ultimately selling to advertiser. That is, people who want customers. The cost per click data can be found through Google, or domain valuation tools. DomainIndex will give you this information, though I'm not sure how accurate this is.

Check the broad term search for keywords and exact search for key words global and local traffic. Simply adding the letter 'S' onto a valuable word can impact the traffic, and at the end of the day, traffic is a significant variable that determines the marketability of the domain.

Sales prices for specific words will help, not guarantee, bu willt help you determine the expected return for keywords within your domain. Take the words Credit, Home, Job. The sales data for these show a higher sale price, with more domains hitting the 15k-20k mark than their alternatives like Debt, House, Jobs. You can check sales prices at DNPric.es. It's one of few places. Again, this is just one of many tools, but it's good too see. The words Socio or Globally, have a rubbish sales history, which is why a lot of names are probably available to hand reg. I don't bother with words like this.

If you're going to do brandable domain names, try to make the word sound like the correct spelling, or try to make sure the words are commonly searched terms, and brandable at the same time. I try to find high traffic words, or potentially high traffic words that are brandable. Something like CityCenter or GreenRecycling would work well for a brandable domain. I don't own these, but just to give you an idea as you're starting. Later you'll learn how to match words and stuff.

gTLD's and search results correlate and so your name needs to work together. Make sure the gTLD you use works with the keyword you use, because it affects search results. Market.center or Job.agencywork because people type those words into search engines, and search engines read the domains like this. That's my understanding, so it's important not to get trigger happy with keywords... Because there are thousands of them out there all competing with each other in search engines.

If you find a sure thing, don't be afraid to get the .net or .org. And sometimes, not always, the .net or .org are valuable, but never for brandable. Yes, there are exceptions to this rule, but say Capitel.net and Capitel.org were available... I wouldn't register them... Not because of the extension only, but because non .com's brandables rarely fetch fair 4 figure values. The name Needs to be something like Tech.net or .org

Look, that'll get you going hahaha. The domain names you have now aren't exactly premium in my eyes, but I'm still learning too. This post is to show you that a strategy, and method, is required if you're going to source something significant.

Goodluck!

p.s. These are my latest Crypto additions, fairly marketable and ready for sale in/over 5 years time. I prefer the long-term investing approach, because if it's a quick sale domain, to me, it's a useless domain and feeds this sick "$1-$10 mass sale culture."

I stick with .com and .com.au most of the time. And I use the word "The" at times, because it's probability of hitting the 10k-20k mark is fair, according to .com sales histories. things like this can be confirmed at DNPric.es.

(E.g. Thecolosseum.com 2015 - $18,000, and, TheRecroom.com 2015 - $89,000, and TheRake.com 2015 - $40,000.)

These sales prices don't mean much, but I use them and compare the significance of TheCryptoasset.com, a brand new asset class and industry! And also make my own assumptions using additional tools and analyses like evaluating the keywords in those domains etc.

.com
SecurityTokenExchange.org
TheExchangeToken.com
TheEquityToken.com
TheCryptoasset.com - Safe bet & will at least cover total 5 year reg for other domains + profit - > repeat.
CryptographicAssets.com
CryptoassetMining.com
CryptoassetFinancing.com

.com.au
Cryptoassets.com.au -Safe bet & should at least cover total 5 year reg for other domains + profit-> repeat.
ExchangeToken.com.au
LibraAssociaiton.com.au
CryptoassetExchange.com.au
CryptoassetCasino.com.au
CryptoassetBank.com.au


Anyway, I hope this helps. All the best and any questions shoot me a line.