What I've learned after a year.

Started by Ю-Мастер, Jun 20, 2022, 12:24 PM

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Ю-МастерTopic starter

I'm still new, but I wanted to share my findings after a year in domain sales. This is a bit of a ramble, but I just had my first 2k+ sale on Afternic, and this may help at least 1 person. These are my views and they're not rules. I just wasted a lot of effort and money on the wrong things.

Keep your prices consistent across platforms
This is a pain in the ass, but you don't want mismatched prices on Dan vs Sedo vs Afternic
I am now focusing on 1 single platform (Afternic)
If you have .co.uk sites (and in the US), remember that your whois info is public
Never ever ever ever ever make your whois info public
I receive calls day and night because my number was listed on a co.uk domain for a day
Robots/AI comb new listings 24/7 and add whois info to a spam list
Afternic is the way.My real earnings all came from Afternic. I am focusing 100% on this platform.

The interface isn't my favorite, and the Fast Transfer opt-in is a bit confusing (for me at least)
Bulk utility / CSV upload is great but the regular(and beta) interface is almost too simple
Landing pages are ok, not as good as Dan -
Dan landings are the most aesthetic, but I've only made one sale
I wish Afternic's landings were as good as Dan's, but theyre not.
I like Dan's interface and platform, but again, I feel like Afternic brings $$$
Parking sounds great on paper, but don't get your hopes up
I've moved away from ad-based landings and parking pages as I haven't received any earnings from it (even on my AAA sites)

Ad Blockers (UBlock) will stop landing pages before they have a chance - keep that in mind
The modern user won't see your landing page. Especially if it's not an https:// For this reason, I keep it basic, clean and honest. The price, the views, my details and references
Google Domains sucks for bulk actions. I use NameCheap and it works for me. My experience is limited
Google has great infrastructure, but it's not an ideal place unless you're actually building a site
It's pricey but secure/trusted
I've had horrible experiences with Flippa - Great for selling businesses, not ideal for domains

The platform is great, the amount of scammers/bad actors/con artists outweighs the pros
Be very careful with Flippa. Use Escrow.com. Don't trust new accounts. Don't rely on feedback, scammers trade fake feedback/sales
Tons and tons and tons of scammers. Assume it's a scam until proven otherwise
Don't pay 10$ to list your account unless you're sure your domain is bulletproof. It will only bring bad actors
I've listed 8-10 Flippa auctions, 7 of those ended in scammers making bids and wasting my time for months via Escrow.com.

1 legit sale through Flippa/Escrow - fees ate most of the profit. I love Flippa's biz model, but the LOE is too high for the ROI
I receive lots of views on Sedo, but 0 leads/sales
I use Sedo for any .net domains under 99$ - I'm transitioning out in favor of Afternic - still unsure of where to do landers
I really like Sedo's interface and level of customization, but the landing pages feel a bit amateur compared to Dan (bad first impression)
Customers already know the domain they want, and walk-ins are rare, so don't waste time with custom landers/ads/promotion
Landing pages should be simple. Dead simple.

If somebody wants your domain, they should be able to get it in under 4 clicks.
Stay organized. I went crazy and got 300 domains. Bad move but I'm glad I did it - learning experience
Quality is more important, but I've learned more from diversifying
You can't teach yourself the 6th sense of what will sell. Experience is the way.
Follow your gut and don't be influenced if somebody says 'NFT's are a scam, these names won't sell', or "nobody will buy .net domains"
Everything is possible and a new generation of Web 3.0 is about to burst.

People buy .net domains if they're quality - mix up your portfolio and learn from every sale
If you believe something is about to get huge, go for it -
There's a lot of naysaying on various forums, and a lot of the traditional domain folks will shoot down new ideas
My biggest sales were NFT/crypto/video game-related. I was told not to waste my time with these domains - I've been told the same about anything but .com, but the majority of my sales are .net and well above est value/purchase price
Stay informed in the latest trends - if something is labeled as 'overhyped' or 'a fad', that doesn't mean it won't make you tons of money in the short term.
Learn as much as you can, but don't worry about opinions. You're you, and there are no rules. It's luck and tenacity.

What do you know that nobody knows yet? Think 5 years ahead
Revinvent this industry, don't follow anybody. Don't pay for courses because everything you need is free (besides the domains)
There are more Big Personalities in this industry than I'm used to seeing. Lots of hard opinions and firm beliefs. Nobody is right or wrong, no matter how many sales they have.
I'm a newbie and I'm sure a lot of this is covered in countless beginner FAQs, but this is my experience.

I'm heavily caffeinated and I'm sure this didn't need to be as long as it was. Trust your gut. There's no right/wrong. Tech is moving so fast that the traditional methods won't apply in a few months. If somebody says your domains won't sell, prove them wrong. Be smart and research as many past sales as you can. Stick to it, sales take a long time and dry spells will last for months. It's an amazing way to make a living.

Thanks for taking the time to read this. Remember, all of this is my experience and these are all opinions, not facts.
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natmir

Hi

as a beginner, you should learn how to use the forum search function.
enter your question and read the results.
there is a whole section dedicated to domain parking

Good luck
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StopR

In fact, this is an excellent result that deserves attention. Now many people spend money in the wrong direction and in the wrong way. Such realities. Everyone makes mistakes. It's great that you already have results. Congratulations.
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lilyalvin

I started buying and selling domain names when I was still studying – it was in 2008. I was living in Manhattan at the time and I didn't have a steady income. That's why I became interested in passive investing in domain names. I saw people buying and selling domains on Ebay and thought – why don't I do the same?
I was slowly but surely joining the industry, while reinvesting my income in better domain.


When I started domaining, I was a student. Passively investing in domains, I worked as a project manager at a large marketing company in Manhattan, then after a while I moved to AIG, where I worked as a marketing manager for 3.5 years. It's been exactly a year since I left AIG to focus entirely on domaining, as well as the development of full-fledged projects on some of my domain names.
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