I'm looking to buy my first name, and I want to spend about 150-300 dollars.
That is a lot of money to me right now, so I want to make sure I buy a profitable domain.
I begin looking through different auctions and statistics in order to asses what is a good purchase, but the sedo statistic I'm using seem to all be of the value 0. I know that can't be a good thing, but then I see one that has all 0's as well and is selling for 1200 bucks.
Another example was a site that had 9 yahoo links, nothing else, and the price was above 9000. A second site was priced at 500, and it had a big alexa rank. A third site was selling for 30,000 or so and had and even bigger alexa ranking than the previous.
How is that possible? Wouldn't one expect the statistics to reflect price in an auction?
What do I need to look at in determining the value of a domain and it's future profitability.
This may seem very basic to some of you guys and I have tried to do my research, but I'm missing something.
That is a lot of money to me right now, so I want to make sure I buy a profitable domain.
I begin looking through different auctions and statistics in order to asses what is a good purchase, but the sedo statistic I'm using seem to all be of the value 0. I know that can't be a good thing, but then I see one that has all 0's as well and is selling for 1200 bucks.
Another example was a site that had 9 yahoo links, nothing else, and the price was above 9000. A second site was priced at 500, and it had a big alexa rank. A third site was selling for 30,000 or so and had and even bigger alexa ranking than the previous.
How is that possible? Wouldn't one expect the statistics to reflect price in an auction?
What do I need to look at in determining the value of a domain and it's future profitability.
This may seem very basic to some of you guys and I have tried to do my research, but I'm missing something.