Your stupid name sales

[redrabbit]

Your stupid name experiences/pitfalls/sales

We've all been there, early on when we first started. Buying names, trying to flip them as quickly as possibly, thus making a very minor profit or even a loss in some cases.

Post your failed attempts when you first started and what you do now to avoid the same pitfalls.

Back when I first started, I managed to reg a few LLLL.com's, a month or so past and I couldn't really find any high end prices, so I managed to sell most of them for low $xx or $x. Funny enough, some of those names have now sold in the mid $xxx region.

Don't rush your sales, easily one of the most important things I've learnt.

 

[labrocca]

I fell for the Blook hype. A quick lesson on how not to follow the crowd. I lost about $200 which isn't much. In hindsight it was stupid and completely speculative. I would have done better at Blackjack.

 

[redrabbit]

Yeah, definitely. I find it's a lot better do your own trend and market analysis rather jumping on the first band wagon that comes along.

 

[malcarada]

A few years back during the .eu land rush I bought some really really stupid .eu domain names, I ended up dropping all of them and they are still unregged. The loses never went above $300 but looking back one feels stupid for thinking those names were worth a dime, I would not make that mistake again though, most likely the landrush made me lose my common sense.

It is also important to know when to let a domain name go even it hurts (will someone reg those domains and resell for high profit?).

 

[MrsBiscuit]

I made a stupid mistake the other way around - getting good names and not realising their value. When .info first came out I took up an offer to reg 50 free (no catches, except presumably the renewal fee later - or maybe a nasty transfer fee out?). I had some pretty good ones - and I gave them all away because I didn't really believe that .info would ever be worth anything. :o

 

[namewaiter]

back when domains were $40/year, i waisted thousands on a 'niche' set of .net domain hacks .. golfpla.net, artpla.net, businesspla.net, sportspla.net etc. - that was a learning experience!

 

[Art_Stone]

Pitfall

Been There, Done That

Yeah, I know what you mean.

Not long ago I registered some keyword domain names, parked them for awhile and then tried to sell them.

It's just not quite that easy is it.

 

[Steven]

Lost some money in some domain hypes.

 

[DomainTalker]

I've NEVER bought a dud domain....LOL

.

 

[DnEbook]

​

I've NEVER bought a dud domain....LOL

.

all hail the king

 

[DomainTalker]

I've NEVER bought a dud domain....LOL

I should have added...this week :D

 

[redrabbit]

I should have added...this week :D

Hey hey, a fellow Australian. ; )

 

[maxeaus]

The first domain i ever regged, last year in fact, was a .me, it was DA8.me, i regretted it straight away, so the next day i regged D8T.me, as i thought it was at least the better name.

I thought id done my dough on these a week later when i listed them on eBay with no bids. So to cut a long story short a bidding war broke out last day and they sold for $230 D8T.me and i think around $100for DA8.me.

I was so happy i went out and bought some bad LLLL.com, and that's when it all went pear shaped, LOL.

 

[MeanerDomainer]

This one is unfortunately not a sale (except for the registrar) only a buy on my part.
I had just woken up and some moning show was on TV. They had models there wearing some stupid jeans with "eyes" in the lower part of the butt that "wink" when the woman walks. The person on the show said that these winking jeans are "the latest thing", so I thout that it means that they were in the stores or about to hit the stores, so I immediately regged winkingjeans//com and jeansthatwink//com (or something like that) thinking that I had no time to wait.
Doing 60 seconds of research would have shown that they are NOT in any stores and a only made by some 1 guy in some shead...

 

[DomainTalker]

Here's one...

I paid $xx,xxx for a domain.....and, sold it, later for a good profit....Nice.


But, I'd overlooked the fact that the exchange rate of the AUD v. USD had moved significantly, in the meantime...


Bottom line:

...tho I'd made a good profit in USD (on what I'd paid for it in USD) - I LOST money, because I got fewer AUD than I'd paid for it!

duh.


...Which is something to note, for domainers in non-US countries.....If you bought domains in USD before the USD weakened against most currencies in recent months (and, you paid for them in your own currency), then, you have to sell them at much higher prices in today's USD to get a (real) profit.

Makes things much tougher.

.

 

[RTM]

People laughed at me for (years ago) registering abcdefghijklmnopqrstuvwxyz ... .com!

Until I sold it for high $xxx - name only!



Rob

 

[Jaco]

Made plenty of stupid hand-reg's early on and again when I was getting back into speculative name buying.

Made a couple this year, too. Anyone who has developed a sound, effective quality analysis process knows that your greatest enemy is impulse. I've fallen into this trap a few times- in aftermarket buys, drops and a few hand registrations.

Now, with the amazing sale that's going on in the aftermarket on quality names, I don't really make these mistakes anymore since every free dime I generate is spoken for months in advance on aftermarket names that are sitting out there for anyone to buy... It's a race to get enough money to buy them before someone discovers it and bags it before I can

 

[lzy]

People laughed at me for (years ago) registering abcdefghijklmnopqrstuvwxyz ... .com!

Until I sold it for high $xxx - name only!



Rob

You had abcdefghijklmnopqrstuvwxyz.com? I would have paid more for such a cool name like that!

 

[ssamriga]

my mistake was buying several n-n-n.coms on Namepros last year, shortly after buyout they were going for around $60 and now all are dropping

 

[Rich]

My minor setback was buying short domains without knowing the quality of the letters (mostly llll.org) I managed to grab a handful of nice ones, but 30 out of the 40 or so were junk.