Recession and domaining

[Compassion]

Simply. He work and sell domains when other peoples talk about McLame and Obamarama all day.

Knew that was coming sooner or later...

The false-left paradigm successfully distracts the majority.





I wouldn't be surprised if Johnn and others are privy to lists of big time buyers (the types of investors that each put up a million bucks for a total of 10 million - then invest it collectively) and/or other esoteric techniques only available to a privileged few.


Does Johnn have assistants?

A one man show?

I'm 99% sure you have an office?

How many sites where you list names for sale?

How many end users emails/calls do you make in a week/day?

What % revenue from advertising?

What kind of advertising?

Best working affiliate for you?

Newsletter?

Oh wait I have an idea:

Johnn- Why don't you just paste your business plan here (jk)

 

[draggar]

Just bought and sold 39 names in 2 hours. Don't ask me how did I do it.

What is your brokerage fee? :lol:

No offence to anyone but it is plain stupid to let the domains expire after one year or so. Why did you registered then? The trouble is that most of the domainers are too lazy to develop their assets.

A lot of my domains I had bought with hopes to sell them within a year. I'd say 95%-99% of my portfolio are hand registrations, extremely few I bought second hand with the intention of reselling them (one or two).

I also registered 20+ NNNNN.com domains and I cannot afford the renewal fees on them (right now I'm trying to sell them, unsuccessfully). Right there is about $150 that can go towards a credit card, utilities, food, etc..

I also have many shorter CCC.org, NNNN.org domains (about 15?) that I plan on dropping since they are doing nothing for me. I may keep one or two that are getting good traffic but that's it.

Right now it boils down to one thing - money. If it's not making me money now and I'm not using it then there is a good chance I am going to let it drop if I can't sell it.

 

[Johnn]

Knew that was coming sooner or later...

The false-left paradigm successfully distracts the majority.





I wouldn't be surprised if Johnn and others are privy to lists of big time buyers (the types of investors that each put up a million bucks for a total of 10 million - then invest it collectively) and/or other esoteric techniques only available to a privileged few.


Does Johnn have assistants?

A one man show?

I'm 99% sure you have an office?

How many sites where you list names for sale?

How many end users emails/calls do you make in a week/day?

What % revenue from advertising?

What kind of advertising?

Best working affiliate for you?

Newsletter?

Oh wait I have an idea:

Johnn- Why don't you just paste your business plan here (jk)

I can answer the questions if you are willing to pay consulting fees.

I have posted here several times how I make money but no one seem to care to read. There is no secret, you develop a business plan and stick to it. There is no such thing is get rich quick in this business.

The number one problem that people are facing is each of us tries to sell to other members here so the inventory stuck right here. You need to move them out to the consumers who we called end-users.
There are 3 ways to get the names out:
- Sell them to the big boys (they do have million of dollars)
- Sell them to the middle man: IT consulting companies and web design companies - start right where you live.
- Sell them to the public: rarely but it does happen if you know how.

The big missing link here is the connection between the sellers (like us here) and the buyers. I plan to open a company to fill the gap and provide one stop shopping. It may be a long shot but I have to try.

http://www.dnforum.com/f60/looking-few-good-men-women-thread-330005.html

Last but not least - don't spend too much time for Obama or McCain. Even husband and wife can't even change their spouse's opinion about politic so don't fire a bullet in the air.

Thanks for reading.

 

[Compassion]

Thanks for the clear answer Johnn..

In all reality I can't say I have read all of your posts that include tips, but I have read many of your threads and see you have a strong portfolio with high turnover. Your idea you are thinking of sounds good and is something for other domainers to emulate. There are far too many reseller to reseller transactions and there are 1) not enough targeted buyers finding the sellers of a wonderful name they want or may not know they want 2) sellers doing legwork to find potential buyers...Perhaps a venue where these services can be outsourced - on a commission structure?

Do you do much outsourcing?

 

[Sonny Banks]

I can answer the questions if you are willing to pay consulting fees.

I have posted here several times how I make money but no one seem to care to read. There is no secret, you develop a business plan and stick to it. There is no such thing is get rich quick in this business.

The number one problem that people are facing is each of us tries to sell to other members here so the inventory stuck right here. You need to move them out to the consumers who we called end-users.
There are 3 ways to get the names out:
- Sell them to the big boys (they do have million of dollars)
- Sell them to the middle man: IT consulting companies and web design companies - start right where you live.
- Sell them to the public: rarely but it does happen if you know how.

The big missing link here is the connection between the sellers (like us here) and the buyers. I plan to open a company to fill the gap and provide one stop shopping. It may be a long shot but I have to try.

http://www.dnforum.com/f60/looking-few-good-men-women-thread-330005.html

Last but not least - don't spend too much time for Obama or McCain. Even husband and wife can't even change their spouse's opinion about politic so don't fire a bullet in the air.

Thanks for reading.

Thanks Johnn every time you talk you inspire me (you know I'm serious).

 

[lordbyroniv]

This recession (mini depression) is only about to get worse



domains are definitely gonna take a hit

 

[south]

Thanks Johnn every time you talk you inspire me (you know I'm serious).

Agreed!

 

[DomainsInc]

Thanks for the clear answer Johnn..

In all reality I can't say I have read all of your posts that include tips, but I have read many of your threads and see you have a strong portfolio with high turnover. Your idea you are thinking of sounds good and is something for other domainers to emulate. There are far too many reseller to reseller transactions and there are 1) not enough targeted buyers finding the sellers of a wonderful name they want or may not know they want 2) sellers doing legwork to find potential buyers...Perhaps a venue where these services can be outsourced - on a commission structure?

Do you do much outsourcing?

I don't typically sell to resellers. However a good portion of the end users I talk to are so damn cheap its really disappointing. They know domains only cost 10 bucks to reg and for whatever reason they don't feel they should have to pay much more than that. Of course there are the exceptions but its about 2% who are willing to pay a good price in comparison to the rest. From my results at least.

 

[MacyT.]

2) sellers doing legwork to find potential buyers...Perhaps a venue where these services can be outsourced - on a commission structure?

Every once in a while, when I have the extra time - I do a ton of legwork to find targeted end users on generic domains...not expensive one-words, but solid, marketable two-words - that I'm not looking to get rich off of. I've tried various approaches, trying much of what I've read on forums like this one, where people claimed success with certain tactics. I have experience & success (in other sectors) with contacting people cold...so I'm confident I'm not doing anything, at least, outrageously wrong. (And I know how to reach the decision makers).

The majority of the time, people are just not interested. Sometimes, there is enough interest to discuss price, but they disappear rather quickly even when I've given them every indicator that it's reasonable. Yes, more people have awakened to the need for a good domain name, but many prefer to stick with mediocre names rather than upgrade or add a better domain for even a few hundred dollars.

I realize it's also a numbers game, the more end-users you contact, the more chances you'll eventually hit a sale. But at some point, it just feels like a ton of time wasted, time that could have used developing a site or writing a great article. When you're operating on your own, trying to keep your overhead down, this business can feel more like a lottery game...even if you've got the kind of numbers that you know won't hit the jackpot, they still don't payout often enough.

So yeah, when you're facing tough times (like right now) - your overall income has taken a beating and domain renewals keep popping up, it makes it hard to clearly evaluate a portfolio that not so long ago, one was proud and willing to hold on to indefinitely. The reality is that most of us got into this for the money. And when it feels like there is little potential for the money to actually come, in an unregulated, over-hyped, speculative industry...well, it just starts to make you question where you should be placing your time these days. Personally, I wish I felt more confident about it, but from what I am seeing all around me, I just don't.

 

[DomainLobe]

I have to admit I have spent very little time in the past few weeks even thinking about domains as another component of my investment portfolio is 'On Sale'. This is the opportunity of a life-time to invest in high quality equities. As Johnn said "run the business".
The only attention my domains have had is renewal of the future winners.
Good luck

 

[Theo]

This recession (mini depression) is only about to get worse



domains are definitely gonna take a hit

In the 48 hours of my temp banning over a similar ludicrous post you made, I made $7,600 in domain sales and spent another $1,800 buying domains. Bring on the "recession".

 

[Sonny Banks]

In the 48 hours of my temp banning over a similar ludicrous post you made, I made $7,600 in domain sales and spent another $1,800 buying domains. Bring on the "recession".

Welcome back Acro!
I agree with you these days I've sold like a thunder (in the last 4 days I've sold 5 domains in the low x,xxx).
I think this crisis bring more people on the web to invest their money.

 

[lordbyroniv]

In the 48 hours of my temp banning over a similar ludicrous post you made, I made $7,600 in domain sales and spent another $1,800 buying domains. Bring on the "recession".

Whatever

 

[DomainsInc]

In the 48 hours of my temp banning over a similar ludicrous post you made, I made $7,600 in domain sales and spent another $1,800 buying domains. Bring on the "recession".

The big question is, how much profit though. In this thread you read about several people who say they are selling like gangbusters but if they are only going from low four figs to mid four figs, thats not so impressive. If you're going from two figs to four, my hats off to you.

 

[Sonny Banks]

The big question is, how much profit though. In this thread you read about several people who say they are selling like gangbusters but if they are only going from low four figs to mid four figs, thats not so impressive. If you're going from two figs to four, my hats off to you.

I've sold several hand reg for low x,xxx in the last days.

Every day I receive some offers...I don't say I sell more now than in past.
I said I sell today like in past, everything is normal from my point of view (enduser sale).
I also noticed in this time of crisis many new peoples are interested in domains.
I talk of mid enduser sale (from high xxx to low-mid x,xxx).
I see everything like 9 months ago.

If I see the reseller market today it's clear the things slowing down and I see the market don't rise.
So my suggestion is: buy on forums but don't sell brandable names here for some months.

Peoples and companies out there still lookin' for good domains.

You can make a great profit selling 50 hand reg domains/month for $900/$1300.
Recently I've sold on Sedo BookDealer.com for $4100.