Price of domains will Drop up to 40-50 percent in the Reseller market?

[mike031]

it is all about sales at the end of the day

nobody is arguing that

duh

sitting on your ass with your domains parked = waste of time

there is two good ways to make money with domains, only two unfortunately

1) re-selling em

2) developing em

parking?? forget about it....... old newz


ps---

google "art of domain sales"

and visit this one website for it... it's a pretty good guide and quick start to success

 

[Biggie]

One can sell ice to an Eskimo. Don't we see that time and time again?

I have been on this forum since 2004 and I've NEVER read anyone give the ultimate piece of domaining advice as DOC did a few months ago. Granted, one needs to have a worthy portfolio to be even considered a domainer. But, why don't domainers get it? It is not so much in development, but sales, where you will succeed.

Those who harp on the development theme nowadays are doing so because their parking strategy did not pan out. It worked for a few early years. It still does for some. But a good majority are clueless. So what do they do? They hear noises. They always follow where the noise is coming from. And today, it is domain development. But, I see no real life examples of how domain development benefited a newbie on a consistent basis. I mean, cold, hard data. Profit and loss. Balance sheets. ROI. None! Nada! Zilch! But, in spite of it, there is no choice for us domainers to take this route. It is expensive, complicated, resource dependent and not every one has the time or inclination to take this route.

We knew parking sucked because we could see data, day in and day out. How promising is domain development? Data please! And I am not even talking about exceptions. But, roundabout, overall results. A few of them I know took the development route and came up with poor results. At least not what they intended it to be.

I am not contesting the development model. All I am saying is, there is no 1 way to maximize the domain name game. Look at Marchex. They lost money these past few quarters. They took the development route. Their 160 plus million portfolio acquisition has yet to make them a profit.

I saw disco$$$beijing.com on sale today on DNF for 1.5 - If I had the money, I'd jump on it. No one bit just yet. Why? While cars-p$$$.com gets a place on a recent auction. Makes me go nuts. All you can say is, this industry (if you can call that) is so disorganized, that we have to be reliant on some domain auctioneer to determine if our names are worthy enough.

All folks do is talk. There is no one thing which will make you successful. The only one thing which will get you to the promised land is knowing how to sell.

If you don't believe what DOC said, then imagine your silly portfolio on the Oprah show. How long before every one of them gets snapped up if she hawks them on her show?

Few domains have inherent value. Most are perceived. If domain names were purchased strictly for its inherent value, every god damn person in this industry would be highly educated in the business of domaining.

Mike, you have some key points made. But, eventually, success in this industry will be upon those who create perceived value (and knowing how to sell) as opposed to inherent value. This is what the guys featured on DNJ do. They sell themselves. They know how to sell. At least they try. Whether they sell crappy or useful names, is not an issue. They got the job done.

I learned this the hard way.

geez

Doc said this...Doc said that

before you can know if you're successful, you gotta know what success is

you cannot measure your success against another domainer who may have or have not, started in the biz before you.

trying to compare your success based on what others have done, will only give you a stroke.

success is measured by profit -

and everyone's "satisfactory profit margin" is different...

therefore, success or being successful, can be different for each person.

it is all about sales at the end of the day

nobody is arguing that

duh

sitting on your ass with your domains parked = waste of time

there is two good ways to make money with domains, only two unfortunately

1) re-selling em

2) developing em

parking?? forget about it....... old newz


ps---

google "art of domain sales"

and visit this one website for it... it's a pretty good guide and quick start to success

i think there are more than just two ways to make money from domains.

imo

parking is one of the best tools for measuring potential success of newly acquired domains

and for me...


3) parking = pays $$$$ monthly, so if I wanted to sit on my ass and waste time, I could

4) domain rentals and leasing = $$ while maintaining ownership and generating income.

5) redirecting domains to affiliate programs = $$

 

[mike031]

biggy,


3) parking = pays $$$$ monthly, so if I wanted to sit on my ass and waste time, I could

pretty unstable and deadend, best to find newer and better ways to make $$$ with domains before ship sinks


4) domain rentals and leasing = $$ while maintaining ownership and generating income.

easier said than done, this is the single most difficult thing to do.. even harder than domain sales


5) redirecting domains to affiliate programs = $$

this falls into the marketing / development category if you want to make the most of your traffic; will have to setup some sort of a site

 

[tldrental]

everyone.... Stop hating on one another, everyone has there niche and style on how to make money from domains. You find something that works and you go with it right!, until you stumble upon another or better way to make money from your domain names.

This industry did not re-invent the wheel and like any other successful industry that has with stood the test of time there is growth and advancement and the successful business owners are the ones that were able to bend like tree in the wind and as well grow new branches as things advance into the future.

Stop the hating.... everyone views the world different through there eyes, and be realistic there is more then one way to skin a cat in this instance of domain names.

 

[Gerry]

geez

Doc said this...Doc said that

before you can know if you're successful, you gotta know what success is

you cannot measure your success against another domainer who may have or have not, started in the biz before you.

trying to compare your success based on what others have done, will only give you a stroke.

success is measured by profit -

and everyone's "satisfactory profit margin" is different...

therefore, success or being successful, can be different for each person.

It's no secret you are not exactly a fan of mine. Nor am I looking for fans or having a popularity contest.

You could have easily inserted,

Sahir, Kevin, Frank, Rick, Rick, Ron, etc...

That is the entire point...

Who said what and when they said it.

When the above guru's were making their killing they were smart enough to have the foresight and the money to snatch up what was being dropped during the dot com bubble burst.

There are no differences between the late 1990's and now. There is one key to all of this and that is FORESIGHT.

You can hold a domain and hold a domain and hold a domain and watch it increase in value and ...then what? You have domainers giving you their take on what a perceived valuation is based on historical data. Totally worthless BUNG.

Again, domainers DO NOT control the internet. They only wish they did.

And if we are going to quote anyone, allow me to quote Rockerfeller from the past week...it was he who said the time to sell is when something is hot. And he is so correct.

Want another analogy??? How much did a Mark Maguire rookie card cost (that original price), how much was it worth while holding rookie cards, how much was it worth when he broke the record, how much is it worth at this very moment.

I can look no further than the sportscard craze when I need one industry the nearly mirrors the domain industry. Take all the talk about only 1950's, only Topps, only Rookie, only Hall of Famers, only Donruss, only Bowman, only Upper Deck, only Fleer, only early 1900's cigarette cards, only PS grade, only American born...

Does this not look familiar? Feel free to insert -

.com
generics
dictionary words
english words
numbers
.net
.mobi

The sportscard craze mirrors the domaining industry virtually identical in all the advice given. The domain industry/sportcard industry is diluted and saturated with product and advice. The only ones who will stand tall are those that had the foresight to focus not only on the rarities/generics but who picked up some rookie/new technology cards/domains along the way.

No coincidence at all.

Those that could afford the Honus Wagner made a calculated decision based on scarcity and condition. This represents a domainer who had enough foresight to pick up a few prime domains as they were dropping and instead of following the advice of others or some bullshit guide (Becketts and this BS domaining guide) essentially set the value and created the market.

Here's another example: How many of you would have bought iReporter.com for any amount of money and had the balls to ask $750K?

This is a two part question.

The answer to both is the same.

 

[james2002]

Will drop?

I think it has already dropped that much.

 

[nameadvertising.com]

No one is stoking anyone's balls Biggie. I can relate to what Doc said more than others. Mike has built a contentious relationship with some in the forum. But, he adds a lot of insight many never had the balls to speak about before. And I admire him for that.

I have 95% of my names on parked pages. Who cares about revenue? I don't. I check the stats. It allows me to focus on my research as to why certain visitors come to a certain domain come from a certain geo location. This helps me build my sales presentation to the end user. This is my mode of operation and making money from it. Does it work for me? Yes, it does! So I am constantly refining it to make better sales. In spite of my personal issues, I manage to crack $50-$100k in annual sales. If I choose another method, it may be a whole another ball game which I choose not to play at this moment. There is a learning curve for everything and only so much time.

Today, I learned something from tldrental from an example he gave me, I would not have normally read anywhere.

We use different arguments to learn from, and not bash each other.

That's how I look at it.

 

[David G]

4) domain rentals and leasing = $$ while maintaining ownership and generating income.

easier said than done, this is the single most difficult thing to do.. even harder than domain sales

Agree, next to impossible to do it successfully.

 

[NostraDomainus]

Eskimo

Regardless of the rest of your post, which I did not read - you instantly loose ALL credibility when you use derogatory terms like the one about.

The correct term is: Inuit
An individual Inuit is an Inuk. An Inuksuk is a representation of an Inuk.

The word you used is a bastardized moniker used by greedy european whalers upon arrival in the Arctic. Rather than be polite and ask their names, they instead enslaved Inuit and stole their belongings. Capitalism is so 'rich' in history isn't it? Something to be proud of, I'm sure. (Note the sarcasm.)

The word you used is equivalent to the 'N' word - which I doubt you would use in a post here in DNF. (...or would you?)

To the benefit of the doubt - I can only assume you used this word in ignorance (as most people do, and others in this thread have do so as well), which once again, it says alot about your point of view, when you try to represent yourself as having a valid and respectable point/theory, but espouse such ignorance.

There's alot more to domaining then domains. We all learn something new everyday.

Best of Luck & Success in All Your Endeavours!

PS: Like Doc, let real Truth ring free! Like S. Colbert, others can keep their ignorant 'truthiness', as while Ignorance may be bliss to ignorant people, knowledge is power to those whom have knowledge. Carpe Peaciem! Like the arguments being made here about domains, their value and future speculation, the power of knowledge will always outdo the bliss of ignorance.

PPS: BTW, I am not only a domainer - I am Inuit - and proudly so. I appreciate people's openness to learning and respecting the diversity which makes-up Earth, and Domains. k: Party-on Wayne!!

 

[Biggie]

geez


Doc, and NameAdvertisement....don't take it personal, i did put a smiley face

i don't hate nobody, though it's true i'm my only fan...


leasing domains for me, came out of the desire to give potentials an opp to use the domain when they couldn't buy it outright.

all inquiries were inbound, thus it wasn't hard to find the leads


you just offer it as another option

 

[Gerry]

geez


Doc, and NameAdvertisement....don't take it personal, i did put a smiley face

i don't hate nobody, though it's true i'm my only fan...


leasing domains for me, came out of the desire to give potentials an opp to use the domain when they couldn't buy it outright.

all inquiries were inbound, thus it wasn't hard to find the leads


you just offer it as another option

Hard not to take it personal when its personalized. Honestly, it does nothing to me and my day but do not relish the thought of using my name to make a point/counterpoint.

Leasing is an option for me as well although no one yet has agreed to this. Bottom line, I have a feeling that it is still someone simply wanting to lowball and get the domain at their terms and not really a business that would use the domain.

About a month ago I was approached on this and posted here on dnf how others have gone about doing this.

Leasing could be extremely profitable and a viable business plan. If you have done it, then congrats.

 

[nameadvertising.com]

http://en.wikipedia.org/wiki/Eskimo

[Thus, in Alaska, Eskimo is in common usage, and is the preferred term when speaking collectively of all Inupiat and Yupik people, or of all Inuit and Yupik people of the world.[4]]

Nostra, If you are offended - My apologies. If you read the 'Nomenclature,' - there is no substantiated abuse of the word in the United States.

However, I apologize if I offended you or anyone by its use.

Regardless of the rest of your post, which I did not read - you instantly loose ALL credibility when you use derogatory terms like the one about.

The correct term is: Inuit
An individual Inuit is an Inuk. An Inuksuk is a representation of an Inuk.

The word you used is a bastardized moniker used by greedy european whalers upon arrival in the Arctic. Rather than be polite and ask their names, they instead enslaved Inuit and stole their belongings. Capitalism is so 'rich' in history isn't it? Something to be proud of, I'm sure. (Note the sarcasm.)

The word you used is equivalent to the 'N' word - which I doubt you would use in a post here in DNF. (...or would you?)

To the benefit of the doubt - I can only assume you used this word in ignorance (as most people do, and others in this thread have do so as well), which once again, it says alot about your point of view, when you try to represent yourself as having a valid and respectable point/theory, but espouse such ignorance.

 

[FormerDnForumer]

Regardless of the rest of your post, which I did not read - you instantly loose ALL credibility when you use derogatory terms like the one about.

The correct term is: Inuit
An individual Inuit is an Inuk. An Inuksuk is a representation of an Inuk.

The word you used is a bastardized moniker used by greedy european whalers upon arrival in the Arctic. Rather than be polite and ask their names, they instead enslaved Inuit and stole their belongings. Capitalism is so 'rich' in history isn't it? Something to be proud of, I'm sure. (Note the sarcasm.)

The word you used is equivalent to the 'N' word - which I doubt you would use in a post here in DNF. (...or would you?)
!

Sorry they are not the same thing, not even close. Hyperbole means it is you that loses credibility. The poster was using an expression which while not politically correct, is technically correct.

BTW it's not the word "Eskimo" that was responsible for the horrendous treatment of the Inuit, but the conquerers. A softer approach to educating people might be ideal, especially given that the word "Eskimo" was not a pejorative for a very long time (and still isn't in Alaska, for example) the way the N word always has been.

Cheers

 

[mike031]

everybody who gets in the domain game and realizes their full potential and actually does something with domains beyond parking... cha ching $$$

we are all very lucky to have discovered domains, then this forum, etc... have to keep pushing forward though, the work is never done!

there is only a thousand or so such individuals who "get it" and work their ass off, no matter whether it was 2001, when things were crashing, 2005 when things were booming or 2009 when things are once again uncertain

you either know what you are doing or you dont

who gives a shit what somebody thinks on the internet anyways or approves what you do??

lol, i sure dont

ps--- this game aint for the weak, it is war.. just like any other biz

surprise surprise

to success!

cheers,

Mike

 

[Biggie]

Hard not to take it personal when its personalized. Honestly, it does nothing to me and my day but do not relish the thought of using my name to make a point/counterpoint.

Leasing is an option for me as well although no one yet has agreed to this. Bottom line, I have a feeling that it is still someone simply wanting to lowball and get the domain at their terms and not really a business that would use the domain.

About a month ago I was approached on this and posted here on dnf how others have gone about doing this.

Leasing could be extremely profitable and a viable business plan. If you have done it, then congrats.

i remember that thread you started.

i think it's a viable avenue to explore and is not as "contractuallly" complicated, as some may have assumed.

even though the revenue could be lower than a buyout initially, the possible benefit of having your domain being utilized by an end-user could increase the value.

<example>

if you lease a domain $0.10 a day, you still avg about $26.00 a year after renewal fee.
for a hand-reg with no traffic....i'll take that

</example>

now that's a low amount to charge, but could be very enticing to a "potential" as a way to lure them in.

of course you would "scale-up" the amounts to suit the potential and yourself.

 

[Seraphim]

I'm scaling down from a couple of hundred email/sub-domain lease contracts. No longer renewing contracts. Royal pain in the arse, money is so so, but would rather free up my domains, and put my mind elsewhere. Can't stand answering the email inquiries / questions.

 

[Biggie]

I'm scaling down from a couple of hundred email/sub-domain lease contracts. No longer renewing contracts. Royal pain in the arse, money is so so, but would rather free up my domains, and put my mind elsewhere. Can't stand answering the email inquiries / questions.

now that's something i never considered

care to elaborate?

 

[copper]

I'm scaling down from a couple of hundred email/sub-domain lease contracts. No longer renewing contracts. Royal pain in the arse, money is so so, but would rather free up my domains, and put my mind elsewhere. Can't stand answering the email inquiries / questions.

Sounds like you didn't charge enough for your trouble?

 

[Seraphim]

now that's something i never considered

care to elaborate?

I took on a couple hundred contracts, so I could see how managing it looked, was a test really. I was originally thinking about pushing it to thousands of contracts, but once I got my feet wet, I decided I didn't want to go through with it. Most of my clients barely seem to know how to operate an email account, let alone a sub domain, so tech support issues are a major nightmare. I expected some issues naturally, but not on such a large scale.

 

[Gerry]

I'm scaling down from a couple of hundred email/sub-domain lease contracts. No longer renewing contracts. Royal pain in the arse, money is so so, but would rather free up my domains, and put my mind elsewhere. Can't stand answering the email inquiries / questions.

That is something I had also given consideration to but, as you say, royal pain in the arse being the admin for the email accounts.