- Impact
- 218
1. Read more, buy less
Those killjoys who tell you to read more before you start hoarding domains? They're actually on to something. All those extremely cool brandables you just thought out, like GadGetaLife.com, will probably be a hard sell unless an enduser suddenly wakes up one day just after you registered that domain and decides that he simply cannot live any longer without GadGetaLife.com.
Instead of reinventing the wheel, focus on drops and the aftermarket.
2. No, .bz does not stand for "business".
In 2012 the dot of com is still king.
There is a reason why there are so many great generic key phrases left on .us and so many great single words left on .bz. Nobody wants them, simple as that. Stay away.
3. Do not post you new-regged babies on Namepros unless you are prepared to hear that you should just return them :bah::
http://www.namepros.com/domain-newbies/757511-adopt-a-newbie.html#post4324494
(Of course, you won't heed that advice, since they do not fully understand how valuable your domains really are. After all, you picked them, right?)
4. Buy cheap domains.
I know many domainers disagree with this, but my 2c is that before a newbie fully understands what gives a domain resale value, he should stick to cheap domains. Trial and error.
5. Start selling as soon as you start buying.
Not until you see your newborns being ignored week after week without visitors and without being picked out on Bido or Sedo, or when your enduser emails go unanswered, do you understand that maybe your domains are not that great after all.
6. If something sounds too good to be true, it probably is.
If you are offered $1,000 for one of your hand regs three days after you started domaining, don't fetch the champagne just yet. Odds are there is something fishy going on. It might just be a Russian scammer:
http://www.namepros.com/warnings-and-alerts/759275-domainer-newbie-appraisal-scam-alert.html
7. You can make a sale at auction without actually making one..
Even if one of your domains was officially sold at auction, you should still hold back on the champagne. The auction may have been won by a non-paying bidder, and the domain auction houses will not do much in the way of collecting your money. And, unlike eBay, the buyers are allowed ages to pay.
8. There are tons of useful information out there.
This thread is a goldmine:
http://www.namepros.com/domain-name-discussion/68798-how-to-find-potential-end-users.html
Read it from start to finish before you start asking questions.
Thank you so much to all on Namepros who have contributed to it, especially Joshua who so freely shared his own successes.
9. There is too much available information out there.
Unfortunately, all the great advice on these boards is also being picked up by spammers who have no scruples about pushing out thousands of untargeted emails for mygrannysbirthday4u.info to everybody who as ever owned a domain, thereby destroying the enduser market for the rest of us. Sooner or later the words "domain" and "website" will become regular spam triggers by most ISPs and so our emails will never be read.
10. Domaining is seriously addictive.
When you lie in bed the night before your spring term exam planning new sales strategies and presentation systems for your domains, you know you have it real bad. I don't recall ever becoming so instantly addicted to anything. I am still fighting the urge to buy everything I see; there are just SO many great unregistered domain hacks out there. Who wouldn't want to buy JustSayI.do? Surely an engagement ring vendor would be easily convinced that this is a great brandable for his company, right? Um, wait a minute, gotta go...
Those killjoys who tell you to read more before you start hoarding domains? They're actually on to something. All those extremely cool brandables you just thought out, like GadGetaLife.com, will probably be a hard sell unless an enduser suddenly wakes up one day just after you registered that domain and decides that he simply cannot live any longer without GadGetaLife.com.
Instead of reinventing the wheel, focus on drops and the aftermarket.
2. No, .bz does not stand for "business".
In 2012 the dot of com is still king.
There is a reason why there are so many great generic key phrases left on .us and so many great single words left on .bz. Nobody wants them, simple as that. Stay away.
3. Do not post you new-regged babies on Namepros unless you are prepared to hear that you should just return them :bah::
http://www.namepros.com/domain-newbies/757511-adopt-a-newbie.html#post4324494
(Of course, you won't heed that advice, since they do not fully understand how valuable your domains really are. After all, you picked them, right?)
4. Buy cheap domains.
I know many domainers disagree with this, but my 2c is that before a newbie fully understands what gives a domain resale value, he should stick to cheap domains. Trial and error.
5. Start selling as soon as you start buying.
Not until you see your newborns being ignored week after week without visitors and without being picked out on Bido or Sedo, or when your enduser emails go unanswered, do you understand that maybe your domains are not that great after all.
6. If something sounds too good to be true, it probably is.
If you are offered $1,000 for one of your hand regs three days after you started domaining, don't fetch the champagne just yet. Odds are there is something fishy going on. It might just be a Russian scammer:
http://www.namepros.com/warnings-and-alerts/759275-domainer-newbie-appraisal-scam-alert.html
7. You can make a sale at auction without actually making one..
Even if one of your domains was officially sold at auction, you should still hold back on the champagne. The auction may have been won by a non-paying bidder, and the domain auction houses will not do much in the way of collecting your money. And, unlike eBay, the buyers are allowed ages to pay.
8. There are tons of useful information out there.
This thread is a goldmine:
http://www.namepros.com/domain-name-discussion/68798-how-to-find-potential-end-users.html
Read it from start to finish before you start asking questions.
Thank you so much to all on Namepros who have contributed to it, especially Joshua who so freely shared his own successes.
9. There is too much available information out there.
Unfortunately, all the great advice on these boards is also being picked up by spammers who have no scruples about pushing out thousands of untargeted emails for mygrannysbirthday4u.info to everybody who as ever owned a domain, thereby destroying the enduser market for the rest of us. Sooner or later the words "domain" and "website" will become regular spam triggers by most ISPs and so our emails will never be read.
10. Domaining is seriously addictive.
When you lie in bed the night before your spring term exam planning new sales strategies and presentation systems for your domains, you know you have it real bad. I don't recall ever becoming so instantly addicted to anything. I am still fighting the urge to buy everything I see; there are just SO many great unregistered domain hacks out there. Who wouldn't want to buy JustSayI.do? Surely an engagement ring vendor would be easily convinced that this is a great brandable for his company, right? Um, wait a minute, gotta go...
