NameSilo

Your single best tip on how to start the journey into the domain world.

Labeled as advice in Domain Beginners, started by Riddler Domain, Aug 9, 2016

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  1. Riddler Domain

    Riddler Domain Account Closed

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    Hi everyone, I figured I would make this post to help out others and to put all of our heads together to brainstorm up some sort of guide to domaining.

    Please give one of your best pieces of advice in lue of helping someone who is brand new to domaining.


    My tip would be: make sure you are developing at least 1/5th of your domains as you purchase more , with a goal of 4/5 domains being fully developed into some short of site that generates money.

    It's best not to buy 100's of domains before attempting to develop as you will feel overwhelmed. Otherwise your yearly bill is going to be outrageous and maybe even discouraging.

    Thank you and please, give back to the community and help build this thread.
     
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  2. Haris

    Haris Best Domainer Of The End-Times VIP

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  3. Jman92

    Jman92 keep grinding VIP

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    Invest in .coms first. It is a safe investment.
     
  4. Riddler Domain

    Riddler Domain Account Closed

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    Thank you, keep them coming but also, try and make them more descriptive. Like, why should I invest more in .coms, what makes them safer, etc. :)

     
    Last edited: Aug 9, 2016
  5. briguy

    briguy Guru In Remission! VIP ★★★★★★★★★★

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    Set a budget and STICK to it!
     
  6. has2hands

    has2hands VIP Member VIP ICA Member ★★★★★★★★★★

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    Your main idea before purchasing any domain is "who is going to buy this name from me". I assume that is most folks end game....a sale.

    That should be your mindset. Who is going to buy this from me.....who are my buyers.
     
  7. wayne wooldridge

    wayne wooldridge Top Contributor VIP

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    Look at a list of domains objectively, rather than going on a spending spree. Keep your impulse buys at a bare minimum. Until you have sold at least a handful, you really don't know what will sell, and what will sit and rot in your inventory. Do a lot of research, check namebio for history, look at archive.com etc etc...
     
    Last edited: Aug 9, 2016
  8. kmnsh

    kmnsh Top Contributor VIP

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    Stay in budget and make it very sure, that domain you're going to register/catch is worth it. Because, many times, haste makes nothing but waste (of money, effort and time).
     
  9. frank-germany

    frank-germany domainer since 2001 / musician VIP

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  10. Haris

    Haris Best Domainer Of The End-Times VIP

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    Use common-sense.

    imo
     
  11. Rory Ivey

    Rory Ivey Top Contributor VIP

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    My Tip 1: Join Namepros.com or another community of domainers/entrepreneurs and read and participate..

    This would have saved me alot of money when i started domaining in 2011. I signed up here but never used the forum. I was just not attracted to the idea of forums at that time. I wasted money buying junk to sell on ebay. Trying to sell on namepros and getting feedback would have made the learning curve that much faster. So join a community of domainers and learn..learn learn.. That may be true for anything you do.

    The only disadvantage would be: I did get some gems to buy on ebay that gave me huge returns. And I think domainers were advising not to use it at all because it's all junk. So i could have missed out in that regard. My favourite name was from ebay. I would still use ebay if I could go back in time,, but I would be an active part of a forum like namepros additionally. I havent used ebay in like 2 years, maybe i graduated you could say. I may peek from time to time.
     
  12. aramyus

    aramyus Established Member

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    I like this approach, although I am not too sure it can be called domaining (it's rather site flipping)

    What kind of development do you do for your domains ?
    - minimal (almost parking)
    - maximum (spend months or years to develop a site that you can sell for $xxxxx or more)

    What is the typical traffic you are shooting for and what kind of traffic do you pursue (eg: social media, seo...) ?

    I wonder if other members have this approach.

    My tip would be to spend time to find who could buy the domains I am thinking of buying.
     
  13. frank-germany

    frank-germany domainer since 2001 / musician VIP

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    for some reason people think they need to develop domains...

    yes developed domains are fine
    but domaining is not same as developing domains

    those are 2 different busines models

    if you like them both .. fine
     
    Last edited: Aug 10, 2016
  14. DonDraper

    DonDraper Top Contributor VIP

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    Look for a reason to NOT buy a name
     
  15. frank-germany

    frank-germany domainer since 2001 / musician VIP

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    I can see no reason ;)
     
  16. KingHayeley

    KingHayeley Account Closed (Disallowed)

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    I am pretty new myself but I would say while starting Invest some money in a GOOD name and then try to sell it for double or at least some profit and then continue to buy Good and quality domains so its easy to sell too.
     
  17. doubleU

    doubleU Top Contributor VIP ★★★★★★★★★★

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    Buy Low - Sell High !
     
  18. DonDraper

    DonDraper Top Contributor VIP

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    Come on Frank :)
    If you look for a reason to NOT buy its like saying make you "purchase barrier" higher
     
  19. MR Harrist

    MR Harrist Established Member

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    start with small! if its profitable rinse and repeat! and if loss, and no one buy our domain, we don't lose to much, cause I have to admit, buying a domain is addicted!
     
  20. vikas123

    vikas123 Established Member

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    Always go for proper word no substitutes and avoid ing , ings , s with word -
    welcome to hell and best of luck :)
     
  21. aramyus

    aramyus Established Member

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    It's an interesting thread. I'd be nice that you are a bit more specific on your tips

    For example 'buy low sell high'
    What's the first single most important thing you would to each day ?
     
  22. frank-germany

    frank-germany domainer since 2001 / musician VIP

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    just joking

    I would not buy 3ey_me.invent
     
  23. frank-germany

    frank-germany domainer since 2001 / musician VIP

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    but I would not have bought

    aaak3.com


    either
    and it just sold at

    $777 USD 2016-08-09 GoDaddy
     
  24. DonDraper

    DonDraper Top Contributor VIP

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    Congrats on your Sales, impressive, but what OP was talking about advices to get in this industry in the proper way. The quality of your Due diligence is different from a newbie one.
     
  25. Riddler Domain

    Riddler Domain Account Closed

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    ]but why not,
    This domain is surely worth at least a good what, 2 to 3 million wishes' that someone will pay more than .01$. Haha love u guys take care
     

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