With the current economic situation the way it is and with parking in the crapper I have drastically changed my management of domains over the last 6-12 months and I thought I would share what I am doing.
I am reducing the number of names while increasing the quality of names.
Simply put, if I sell 5 names for 2k each, I find a really good one to buy at under 6-7k and bank the remaining revenue to remain liquid.
Take the better name and develop it out.
Sometimes it works the other way as well, I sell a decent name for 30k and buy 3 really great namnes with potential for 20k and bank the rest.
What you end up with is a much better portfolio with much less renewal fees and generally many less headaches.
I will continue this through 2011-2012.
-=DCG=-
I am reducing the number of names while increasing the quality of names.
Simply put, if I sell 5 names for 2k each, I find a really good one to buy at under 6-7k and bank the remaining revenue to remain liquid.
Take the better name and develop it out.
Sometimes it works the other way as well, I sell a decent name for 30k and buy 3 really great namnes with potential for 20k and bank the rest.
What you end up with is a much better portfolio with much less renewal fees and generally many less headaches.
I will continue this through 2011-2012.
-=DCG=-