Another new phishing scheme is unveiling, you get the scope here!
I recently received this email: read more »
I had an interesting buying experience recently. I wanted to purchase a certain domain and inquired about it, the owner responded quickly saying that he “gets offers for it frequently and also has plans to develop it, however $10k would convince him to sell.” - a good reply you’d expect from a domainer.
That was quite above what I was going to offer, however I decided to try my luck and replied that my max offer is $1500 - which is a good market price for the domain. Of course I had little expectation from this since he made it pretty clear before that only $10k would make him part with the name. However surprisingly just a few hours later I received a reply saying that he’s ready to sell it for $2150.. read more »
Many newbie domainers go on a buying spree excited by all the reports of high sales and opportunities presented in the industry. But as you know high prices fetched by individual sales don’t always show the market price and finding end users may turn out to be much more complicated.
By selling, or at least trying to sell a few domains once in a while you can get a better understanding of the market and current prices. Even if you are a buyer, and planning to invest in a few good domains to hold them for a long time, listing them for offers on a domaining forum can you get a good idea of the market price. This can also be useful if you need to sell the domains quick to raise funds - you’d already know what price you can expect for a quick sale.
How do I make money domaining?
Well by most part it comes to:
Domaining is a strange market. There are the end user prices and the market/reseller prices for any domain - both can vary a lot and there is a lot of money to be made on these differences.
However the risks are high, so you have to know the market very well. Being able to appraise a domain as close as possible for any specific marketplace is among the most valuable skills for a domainer. read more »
Hey all,
I sell domains through forums quite frequently and always try to improve my sales threads and techniques, so I thought I’d share a few tips here in hopes that it will be useful. This post will mostly contain general tips, for more specific advice watch for the next posts in the series.
Include your terms.
This is quite important to prevent any disputes, or misunderstandings. Also to protect yourself from scammers and save time. I usually include something like this at the beginning of my sales threads:
- All prices are temporary and sale may end without prior notice
- Payments by bank wire, escrow, paypal (masspay, or add 4%), moneybookers, e-gold - all fees paid by the buyer, payment must be processed within 2 days.
- Bulk discounts are possible only if you buy 3 or more domains domains, pm for details.
- Please use who.is/domain.com to check registrar and expiry dates where not listed. All names should have at least 2 months till expiration read more »
An interesting series of posts by Rick here:
What makes a domain sellable?
What makes a domain sellable part 2
What makes a domain sellable, part 3
What makes a domain sellable, part 4
Some good tips there and I can agree with most. Domains with clear and obvious use are much easier to sell. They are however harder to find at good prices.
Short domains may have less possible development ideas, but they are a great collectible item which value will only go up.
This was posted at NamePros by betthelot:
If it helps, I can give you the other meanings of numbers in Chinese
Very useful if you are into numeric domains. Also explains why 4 is considered bad
1 single-mindedly, whole-heartedly, heart and soul
2 mandarin duck (it means that the good things appear in pairs)
3 promotion (especially in the officialdom)
4 death
5 me
read more »
I recently stumbled upon shoemoney.com blog and found an interesting post about Berkshire Hathaway weekend meeting, featuring some of the legendary investor’s insights:
Religion - He is agnostic. A true agnostic. He just does not know and neither do I.
Investing - investing in what you know and understand. Diversification is for the idiot investor - I can’t agree with this more. read more »
DomainMagnate.com presents an interview with Jeff from DomainBits.com
Details about yourself, occupation, age, location.
Hi Michael! Thanks for the interview. I’m in my late 30s, and live in Ottawa, Canada, with my wife and 4-year old son. My wife and I work together from home - on domaining as well as marketing and running our websites. I also write the blog DomainBits and write for DomainNews. I really like domaining as I like to do things my way, and domaining has no paths that you need to follow - you create your own path and your own success. Staying in my pyjamas all day, being around for my son when he’s not in school, and making good money are all good perks too!
What is your primary focus, e.g. generics, country tlds, short domains etc?
I think that for people who are newer to the industry, there are lots of good opportunities in ccTLDs. These domains are much cheaper than .com domains, and there is solid end user money coming into these extensions to ensure that they continue to do well in the long haul and are not simply speculative bubbles.
So, I concentrate on ccTLDs. I particularly concentrate on UK, Canadian and Indian domains. I’ve found .uk is a particularly strong ccTLD, and my .uk domains do well in terms of type-in traffic and end user offers. I’m in Canada, so I understand the local business climate well, and so I invest in .ca for that reason. I like .in and .co.in for the long term, as India is a huge market whose primary language is English and where there is still going to be a large movement to the internet by both consumers and businesses. read more »
If you, like over 95% of other domainers, want to develop some of your domains with minimal effort and expenses into a site that can bring revenue, here is one of the best and easiest methods: Set up a bidding directory.
What is a bidding directory?
It’s a regular web directory based on the auction system. Webmasters can submit their links and the links with highest bid will appear on the frontpage of the directory. For example here is one of mine: Casino Bidding Directory, as you may see the highest bid is $100, and the lowest bid on the main page is $60. So a bid of at least $61 is required to be listed on the front page. Minimum bid to submit a site to the directory is set to $9, and you can see that most bids listed in categories are about that amount, for example in advertising
The main advantage of a bidding directory is that its completely automated. read more »