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Great observations, Nicoleanne! I agree with all you've said...
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
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