discuss Why I failed with domaining .Thinking to quit

[priusdomains]

i had only one domain sold.i might be not suit for this methods. feel stressed.

 

[BaileyUK]

Thank you for the advice. Yes, I have set aside some domains to hold for a few years.

Good, Sometimes you have to abandon ship But, that doesn't always mean you have to leave all, or the most valuable cargo behind. Hopefully, if you've got a couple of good'uns they can one day emerge to wipe out everything lost before.

Happened to me with a $20,000 sale in my early days.

 

[D Haynes]

I have a few questions, Some domainers find names based on CPC, search volume, company details,and other metrics. How can I get that information?

There are tools out there that will give you that information both free and paid for. In my signature is a directory site I put together years ago (not updated in a while but should still be of some help) where you can find some research tools.

 

[Altetra]

I think that the internet will shrink to quality, because everybody will have an AI in his pocket and it will be the internet of everything, locally. That is why focus on quality, but this will come with experience to detect the best of the best, if I look now at my beginning regs I say to myself WTF I was doing, after I got the best domains I realize how much I must drop.

 

[DomainGist]

Most domainers fail the first time.

Have a reset, reflect on what you did wrong.

Make sure you succeed the second time.

 

[DediRock]

i had only one domain sold.i might be not suit for this methods. feel stressed.

I understand how frustrating it can be when things don’t go as expected, especially in a field like domaining. The reality is, it’s a long game that often requires patience, consistent learning, and trial and error.

 

[DediRock]

Most domainers fail the first time.

Have a reset, reflect on what you did wrong.

Make sure you succeed the second time.

I couldn't agree more!
If you’re passionate about it, don’t give up just yet—maybe a shift in tactics could turn things around.

 

[DediRock]

Good, Sometimes you have to abandon ship But, that doesn't always mean you have to leave all, or the most valuable cargo behind.

That’s a great analogy! Sometimes letting go of a sinking strategy can actually open up opportunities you didn't see before. It’s all about balancing when to hold on and when to move on.

 

[Altetra]

The secret of domaining is of how much you can squatt by holding the desired domains, the more you renew them the more are the chances that the end user will end up buying it, this of course reduces also to quality name.
But generally you failed like many because you did not invest in my secret knowledge!
Do you know what this even mean? See companies such as Google, Apple, Godaddy, Youtube, Tesla, X, Facebook, Threads crap etc, they will be dead soon together with all of those following sheeple.

 

[Timkh]

I don’t know your names, but considering that in the first 2 years you sold one domain and received about 20 offers, then you didn’t fail.

 

[priusdomains]

I don’t know your names, but considering that in the first 2 years you sold one domain and received about 20 offers, then you didn’t fail.

i belive very first time is 2020.but did not study or spend much. 2022 i spend for useless handregistred names and some expired names. but i still keep some handregistred. i could have get few more sales. due to my mistakes or pricing is wrong i could not end up with sales which i got offers.

 

[KnifeCatcher]

i belive very first time is 2020.but did not study or spend much. 2022 i spend for useless handregistred names and some expired names. but i still keep some handregistred. i could have get few more sales. due to my mistakes or pricing is wrong i could not end up with sales which i got offers.

Hello, I started domaining almost 4 years ago now and I agree with your assessment of your performance, but there are ways you can address it.

I have a similar portfolio size of around 250 domains but these domains have been handpicked every single day over the course of 4 years. My sale through rate is between 3-4%

Selling one domain over the course of 2 years is a symptom of an issue that need to be addressed for you. The first thing you need to look at is what went wrong and why this is happening, then decide whether you want to continue domaining, and if so, understand which domains sell and how to correctly price them.

If you feel comfortable linking to your portfolio here, you might receive good feedback.

When I first started, I reached out to two experienced members and they helped me a lot in terms of my approach to picking names and learning from the mistake that I was making.

If you decide to keep going, I highly recommend that you listen to domaining podcasts (brandable insider is one I learned a lot from), watching the completed domain sales thread on here and reviewing Namebio daily.

Good luck

 

[priusdomains]

Hello, I started domaining almost 4 years ago now and I agree with your assessment of your performance, but there are ways you can address it.

I have a similar portfolio size of around 250 domains but these domains have been handpicked every single day over the course of 4 years. My sale through rate is between 3-4%

Selling one domain over the course of 2 years is a symptom of an issue that need to be addressed for you. The first thing you need to look at is what went wrong and why this is happening, then decide whether you want to continue domaining, and if so, understand which domains sell and how to correctly price them.

If you feel comfortable linking to your portfolio here, you might receive good feedback.

When I first started, I reached out to two experienced members and they helped me a lot in terms of my approach to picking names and learning from the mistake that I was making.

If you decide to keep going, I highly recommend that you listen to domaining podcasts (brandable insider is one I learned a lot from), watching the completed domain sales thread on here and reviewing Namebio daily.

Good luck

Thank you very much for your reply advice.

 

[Elad n]

Most domainers fail the first time.

Have a reset, reflect on what you did wrong.

Make sure you succeed the second time.

Most fail, first time second time etc.

Most investors are losing money, thats a fact.

 

[priusdomains]

What are the best nameservers you suggest I should try? I have only used DAN nameservers before.

 

[golan]

first, i dig your honesty, towards yourself and towards community. it's a very important quality, to accept your mistakes and faults.

can anyone with experience help me price them?

if you ask me, that's what i'd do at your place...

1. drop all of these. maybe except of perfectai and couple others. they are not good, they are terrible. terrible sld/tld match. what may vancouver have to do with asia? digitalpayment with info? ceylonese with xyz?

you need to start looking at domains from a potential user' POV. who would want to buy these domains for their business? and for more expensive than reg fee? who on earth? and why? what added value you give to the users?

2. STOP hand reg. just stop it. if you are able to invent such names, why do you think the end users are not able to do so and also for reg fee?

dig thru the drop lists and expired auctions. you can always pick up some awesomeness from there

good luck ))

 

[priusdomains]

first, i dig your honesty, towards yourself and towards community. it's a very important quality, to accept your mistakes and faults.



if you ask me, that's what i'd do at your place...

1. drop all of these. maybe except of perfectai and couple others. they are not good, they are terrible. terrible sld/tld match. what may vancouver have to do with asia? digitalpayment with info? ceylonese with xyz?

you need to start looking at domains from a potential user' POV. who would want to buy these domains for their business? and for more expensive than reg fee? who on earth? and why? what added value you give to the users?

2. STOP hand reg. just stop it. if you are able to invent such names, why do you think the end users are not able to do so and also for reg fee?

dig thru the drop lists and expired auctions. you can always pick up some awesomeness from there

good luck ))

Thank you for your valuble advice, i will follow those. some of them recevied offer. unfortuantly i lost those due to bad pricing.

 

[VaibhavA]

"If anyone can guide me with some steps to re-enter domaining more clearly, it would be greatly appreciated."

Everyone here is trying to do the same for you in their own way.

"I'm not good at negotiating. that's my fault."

Thats nice, that you know what you are not good at. Even better, if you can accept it openly. It needs courage and honesty, that you have shown.

The fact is, no one is perfect, we are all learning.

"I didn't have the money to renew them"

This needs better planning. Like any other business, you need some working capital in-hand always.

"I did this as a part time activity, but when I see some .xyz domains selling for huge amounts, I just think, I only need one .xyz sale (like Swethas Sales ) to live comfortably for the rest of my life in Sri Lanka."

This is a mindset problem. 1 good sale and live comfortably for the rest of life is a myth.

And even if someone is able to do it by some stroke of luck, I would say, it is the worst thing that can happen to anyone. Pls dont ask why? If one can't figure this out by himself, then no one can make him understand this.

Instead, try and be a hustler, try and sell all your names. I sold all my names in my first year of domaining (99% on Namepros). That taught me a lot. I made some profits and more importantly, I always had liquidity.

Hope it helps, stay positive and best of luck .

 

[priusdomains]

"If anyone can guide me with some steps to re-enter domaining more clearly, it would be greatly appreciated."

Everyone here is trying to do the same for you in their own way.

"I'm not good at negotiating. that's my fault."

Thats nice, that you know what you are not good at. Even better, if you can accept it openly. It needs courage and honesty, that you have shown.

The fact is, no one is perfect, we are all learning.

"I didn't have the money to renew them"

This needs better planning. Like any other business, you need some working capital in-hand always.

"I did this as a part time activity, but when I see some .xyz domains selling for huge amounts, I just think, I only need one .xyz sale (like Swethas Sales ) to live comfortably for the rest of my life in Sri Lanka."

This is a mindset problem. 1 good sale and live comfortably for the rest of life is a myth.

And even if someone is able to do it by some stroke of luck, I would say, it is the worst thing that can happen to anyone. Pls dont ask why? If one can't figure this out by himself, then no one can make him understand this.

Instead, try and be a hustler, try and sell all your names. I sold all my names in my first year of domaining (99% on Namepros). That taught me a lot. I made some profits and more importantly, I always had liquidity.

Hope it helps, stay positive and best of t

"If anyone can guide me with some steps to re-enter domaining more clearly, it would be greatly appreciated."

Everyone here is trying to do the same for you in their own way.

"I'm not good at negotiating. that's my fault."

Thats nice, that you know what you are not good at. Even better, if you can accept it openly. It needs courage and honesty, that you have shown.

The fact is, no one is perfect, we are all learning.

"I didn't have the money to renew them"

This needs better planning. Like any other business, you need some working capital in-hand always.

"I did this as a part time activity, but when I see some .xyz domains selling for huge amounts, I just think, I only need one .xyz sale (like Swethas Sales ) to live comfortably for the rest of my life in Sri Lanka."

This is a mindset problem. 1 good sale and live comfortably for the rest of life is a myth.

And even if someone is able to do it by some stroke of luck, I would say, it is the worst thing that can happen to anyone. Pls dont ask why? If one can't figure this out by himself, then no one can make him understand this.

Instead, try and be a hustler, try and sell all your names. I sold all my names in my first year of domaining (99% on Namepros). That taught me a lot. I made some profits and more importantly, I always had liquidity.

Hope it helps, stay positive and best of luck .

Thank you very much. your reply and time

 

[bmugford]

"I did this as a part time activity, but when I see some .xyz domains selling for huge amounts, I just think, I only need one .xyz sale (like Swethas Sales ) to live comfortably for the rest of my life in Sri Lanka."

This is a mindset problem. 1 good sale and live comfortably for the rest of life is a myth.

Many people don't seem to understand that Swetha invested in most of these domains when there was hardly any interest in .XYZ, then continued to pay for renewals for years. Eventually, the interest in the extension improved largely due to the crypto boom.

It's a unique situation that took a lot of capital and risk.

A similar thing happened with some people in .AI.

It's unrealistic to expect that situation to happen again, especially with limited capital and risk involved.

You need the capital to carry these type of domains until hopefully the interest follows.

This is one of the fields with the lowest bar to entry. Not many fields can you buy something for $10 and possibly sell it for thousands.

However, at some point working capital is still a necessity.

Brad

 

[priusdomains]

Many people don't seem to understand that Swetha invested in most of these domains when there was hardly any interest in .XYZ, then continued to pay for renewals for years. Eventually, the interest in the extension improved largely due to the crypto boom.

It's a unique situation that took a lot of capital and risk.

A similar thing happened with some people in .AI.

It's unrealistic to expect that situation to happen again, especially with limited capital and risk involved.

You need the capital to carry these type of domains until hopefully the interest follows.

Brad

true. capital is important which is i donot have at the moment.