Hey everyone,
I'm curious about your experiences with getting into the domain selling business. How long did it take you to make your first four-figure domain sale or retail sale? And how many domains did you have in your portfolio when that happened? I'd love to hear your stories and insights on this topic!
In my experience, the time it takes to make a significant domain sale can vary based on the quality and relevance of the domain name. Factors such as the length of the domain, keyword relevance, and industry demand all play a role in determining the potential value of a domain. It's essential to carefully curate a portfolio with a mix of high-value, niche-specific domains and more general, versatile options to cater to a wider range of potential buyers.
When I achieved my first four-figure domain sale, I had built a portfolio of approximately 50 carefully selected domain names. These domains were chosen based on keyword relevance, industry trends, and market demand. I also leveraged my expertise in digital marketing to create compelling listings for each domain, optimizing them for search engines and utilizing targeted outreach strategies to reach potential buyers.
In terms of marketing strategy, I found that utilizing social media platforms, online marketplaces, and domain auction sites can significantly increase the visibility of domain listings. Engaging with industry-specific communities and forums also proved to be valuable, as it allowed me to connect with potential buyers and build a network within the domain industry.
Myy journey in the domain selling business has been an exciting mix of research, curation, and strategic marketing. Achieving a four-figure domain sale required a combination of patience, perseverance, and a keen understanding of market dynamics. Through continuous learning and adaptation to industry trends, I've been able to grow and refine my portfolio, leading to further successful sales in the domain selling business.
I "mastered" the art by hoarding domains like a squirrel, taking nine months for my inaugural $3,000 retail sale on a punny .co—my portfolio swelled to 60 by then, thanks to bulk regging and forum lurking.
I once flipped a domain I thought was gold, but it was pyrite, leading to buyer's remorse.