![]() |
Click Here to see the latest posts! Ask any questions related to business / entrepreneurship / money-making / life NO BLATANT ADS PLEASE
Stay up to date! Get email notifications or |
|
SOWPub Business Forum Seeds of Wisdom Forum |
![]() |
|
Thread Tools | Display Modes |
|
#1
|
|||
|
|||
![]() Quote:
Interesting post (and opportunity)! It turns out, domain name selling is something I'm checking out myself at the moment... I have a reasonably large number of domain names. (Currently over 300, I believe...) Some are quite ancient (I registered tomorrowsnews-dot-com back in 2001 - for a planned project - which I never did... I liked the domain name, though, so I hung on to it for all this time)... Others are more recently registered... We should probably have a discussion on this topic... I know Ankesh Kothari has delved into this to some degree (though I'm not sure how much)... I bought a great report on it from him quite a few years ago... Best wishes! Dien
__________________
|
#2
|
|||
|
|||
![]() Quote:
Thanks Dien. I am a fan of your stuff, I subscribed to the hidden business ideas newsletter previously. I got back into the domain buying and selling thing recently, its quite an easy side hustle if you do it right, as with anything. What I am finding again is that timely domains are a hot property, timing as always being a cornerstone of not only comedy but business. Like I say given my current other trillion things to do list, I am short on time to flesh these out but they are a golden goose for anyone who has the time. |
#3
|
|||
|
|||
![]() Quote:
Flipping domain names used to be pretty popular. I've heard of a few people who tried to capitalize on company trademark names — it didn't go well for them. Patents and trademarks can be protected. Vanity domain names can't. Never really thought of one for myself, but then years ago I get an email offering me stevemaclellan.com for $3600. It's a common name. I know at least four other people with the same name. Over-all there must be a few thousand. You're apt to tick a few people off. I know I was. But you might make some money too. Then again, maybe some would be pleased. It would take a lot of work though. You'd likely have to spend a lot of time scouring the web for people who matched the domain name. Otherwise you're just wasting your money. Regards, Steve MacLellan |
#4
|
|||
|
|||
![]() Quote:
I'm still delving into this area, and learning about how it works... People who know what they're doing avoid "live" trademarks like it's toxic. The reason why is because the trademark owner can usually legally take your domain name away, and not have to pay you a cent... So financially, it makes sense to avoid any live trademarks. But domain names people do register for resale can be divided into multiple categories... Exact match domains are a big category. These are domain names that match exactly popular search terms people might type into Google. As an example, people do type in "poison ivy rash" into Google. So, PoisonIvyRash.com would be an exact match domain name, which could be of value to someone selling products to help deal with poison ivy rash. (There is no trademark issue here... In this case, poisonivyrash.com is already being used.) Another category of domain names are search engine optimization (SEO) domain names. These are expired domain names which have a lot of existing good links going to the domain name. These could have resale value because of the existing traffic. (But you have to avoid those with a lot of "toxic" links going in - as that will hurt the Google ranking...) The final buyer of the domain name would probably create a new website at that site which is designed to benefit from the existing incoming links... A third category are brandable domain names. There are several resale markets focusing on these. Three such places are Squadhelp.com, Brandbucket.com, and Brandpa.com. Domain name sellers can list their domain name in one of these places. The website (Squadhelp etc.) will create a logo, which sells along with the domain name. As an example, I typed the word "poison" into Brandbucket, and some of the possible "brandable" domains which I could buy which came back were "Poixen.com" ($2,875), "VenomVentures.com" ($3,595), and "Vynom.com" ($1,995)... So there you have it! I'm still a "newbie" at this, though... Best wishes, Dien
__________________
|
#5
|
|||
|
|||
![]() Quote:
Just a couple of notes to add. Valuable match domains (ie: snowtyres.com or electricbikes) and one word domains are long gone and not available anymore and have been all registered probably since 2000-2005. Decent quality domains are usually only available throu auctions and are bought on the 3-4 figures range. Regarding brandables, there are lots of smaller sites or marketplaces that might be worth to take a look as they are not as crowded as big ones like Squadhelp or Brandbucket: Namerific.com, Nameics.com, or Brandroot.com to name a few. Also, as far as I know, it's not easy to be profitable. I've read several times the average sale ratio is 1%-1.5%, and that's for people who know what they are doing. Not a big expert, though. Just my two cents. |
#6
|
|||
|
|||
![]() Hi Nicoleanne,
Thank you for your valuable and important post! Quote:
Quote:
It's true that many only sell a fraction of what they buy... But (if it's a valuable domain name), they'll hold on to it and pay the yearly fee (of ~$10 or so per domain name)... Sometimes for years, until it sells... Most play a "waiting game" and wait for the right buyer to find them... Other's use "outbound marketing" and email people who might be interested in buying the domain name from them... (They usually sell it for less using this method, but by making more sales, they get more turnover and can make steady cash...) Others hang on to some of their domain names, and develop them into businesses... (I will probably do that with some of my domain names!) I've made a few thousand dollars in sales since I wrote my first post on this many months ago... But I probably spent a similar amount! (However, I have a lot more domain names to show for it...) Best wishes! Dien
__________________
|
![]() |
Thread Tools | |
Display Modes | |
|
|
Other recent posts on the forum...
Get the report on Harvey Brody's Answers to a Question-Oriented-Person