Essont:
Bought the following domains
ohiocranes/king
Chinaartificialturf/king
Baltimorecarservices/king
Medevaccanada/king
Outbounded to over 100 end users averagely but not a single response from none of them.

Am I not doing it right? Or am missing something?

1 and 3 is cool.

Do follow up after two weeks.

ikhalyfah:

Well, at least that's what their logo is trying to say..


They had a logo change and people on NP are roasting them.

I personally like the logo when i understood the explanation of it

ugly and rubbish logo. It does not even carry Go or Daddy in the logo. Rubbish.


This is the problem with business when they become too big... They lost touch with bases and basics.

richkal:




6% of 600 equals 36. And, this means that 36 of the domain names sold is developed into new websites, which is lots of additional money to pick up from the table.

I think what they mean here is that it was developed by the buyers themselves

Hello gurus in the house i just listed 4 of my domains on afternic, what other site can i list it,while i draft my sales letter and find some leads

ikhalyfah:

I think what they mean here is that it was developed by the buyers themselves

It might be true to some extent. But in the second survey, he said a large chunk of the revuenue is generated from existing customers who bought domain names from him. How??, by selling another domain name?? Maybe. Or by helping the end user to build new websites on those domain names?? Possibly.

More so, Rohit Goyal, the guy behind Domain Mojito, was the one who posted the stat in the image above (shared by Beckplanet) on LinkedIn. He owns a website (http://www.smehelp.in) which focus on internet marketing service, and website development is one of the services.

He might not be the one who developed all the new websites, but I believe he part take in some of them.

Learning is a continuous process.

For those who have had decent sales experience with both brandables and geo domains, do you know that STEADY sales do not necessarily tell you everything about the quality of names you sold?

How, you may ask.

Well, how many times have you gone back to check up your sold names to see what their current owners are using them for?

1. Are they hosting completely new sites on them?

2. Are they redirecting them to existing sites?

3. Did they entirely replace existing sites that were hosted on less superior TLD with your names (.net to .com)?

4. Are they simply there without even a change in nameserver (No more interest, or fellow domainer)?

1-3 will give you a clearer picture about the type of names you should register more, and a better pricing system to adopt.

While IMHO, 4 reveals the type of names you shouldn't spend so much energy on (even if you sold them in the $200-$400 range). Remember the Pareto Principle.

This is the age of data. Let's start collecting and analysing these sets of data more closely.

Smart work WILL ALWAYS trump hard work, anytime, any day.

Cheers.

beckplanet:
Ok after submitting my names about 10 of them to Brandbucket for review. I had to wait for 5weeks 4 days (39 days) to get a response from them and guess what all the names where rejected.
not recounting paying $1/each for the review.
Life of a Domainer.
We move again!!

Meanwhile this Stat below might help someone. It is from a pro Geo domainer.

Peace

it can be annoying considering the wait times, I submit more of unregistered names(sometimes while on queue, it gets registered by someone else)

My other strategy for BB is to comb through their barter sales channel on Slack. There are quality names there starting from $20-$1000.

Names that are already listed with long or short renewal date.

Then there are those selling accepted unregistered names too from $8-$50

This second option will save you the wait time.

Most SH accepted names get rejected by BB & vice versa. once To submit a name, I usually search BB, if there are no similar keyword or pattern, I dont submit.

tranxo:
Learning is a continuous process.

For those who have had decent sales experience with both brandables and geo domains, do you know that STEADY sales do not necessarily tell you everything about the quality of names you sold?

How, you may ask.

Well, how many times have you gone back to check up your sold names to see what their current owners are using them for?

1. Are they hosting completely new sites on them?

2. Are they redirecting them to existing sites?

3. Did they entirely replace existing sites that were hosted on less superior TLD with your names (.net to .com)?

4. Are they simply there without even a change in nameserver (No more interest, or fellow domainer)?

1-3 will give you a clearer picture about the type of names you should register more, and a better pricing system to adopt.

While IMHO, 4 reveals the type of names you shouldn't spend so much energy on (even if you sold them in the $200-$400 range). Remember the Pareto Principle.

This is the age of data. Let's start collecting and analysing these sets of data more closely.

Smart work WILL ALWAYS trump hard work, anytime, any day.

Cheers.

For No 4, just to add

richkal:


It might be true to some extent. But in the second survey, he said a large chunk of the revuenue is generated from existing customers who bought domain names from him. How??, by selling another domain name?? Maybe. Or by helping the end user to build new websites on those domain names?? Possibly.

More so, Rohit Goyal, the guy behind Domain Mojito, was the one who posted the stat in the image above (shared by Beckplanet) on LinkedIn. He owns a website (http://www.smehelp.in) which focus on internet marketing service, and website development is one of the services.

He might not be the one who developed all the new websites, but I believe he part take in some of them.

You could be right.

But up until i take domaining as full term business MAYBE, i will only sell domains w/o any sites.

more sales to us all!

tranxo:
Learning is a continuous process.

For those who have had decent sales experience with both brandables and geo domains, do you know that STEADY sales do not necessarily tell you everything about the quality of names you sold?

How, you may ask.

Well, how many times have you gone back to check up your sold names to see what their current owners are using them for?

1. Are they hosting completely new sites on them?

2. Are they redirecting them to existing sites?

3. Did they entirely replace existing sites that were hosted on less superior TLD with your names (.net to .com)?

4. Are they simply there without even a change in nameserver (No more interest, or fellow domainer)?

1-3 will give you a clearer picture about the type of names you should register more, and a better pricing system to adopt.

While IMHO, 4 reveals the type of names you shouldn't spend so much energy on (even if you sold them in the $200-$400 range). Remember the Pareto Principle.

This is the age of data. Let's start collecting and analysing these sets of data more closely.

Smart work WILL ALWAYS trump hard work, anytime, any day.

Cheers.

You've made some valid points as usual. I have since known that about 80% of sales made here never leave the marketplace. In fact, there is a sales report of about 6 names by brand uche almost a year ago. All the names are still pointing to dan as I type this. However, from my own little experience, it doesn't necessarily mean the names are not better in quality than the ones that are in use. Any of several reasons might have caused the name to remain in the marketplace or expired without being used. For instance, I sold a name to an end user in march last year. Later, I pitched the plural to him. He snubbed me.
Regardless, I kept checking the status of the name I sold him. He never took it from the marketplace. I followed up asking him why he hasn't taken possession of the name and if he needed help with that. He snubbed. It was later when I tracked him down I discovered that he had relocated to another city. The name was a city + one-word service.
Another reason could also be that enduser moved on to a different venture after purchasing the name. He probably changed his mind. It happens.
This doesn't mean the name isn't of better quality than those that were bought and used. It simply means the end user wasn't the right buyer. But, as at the time of purchase, both the seller and the buyer didn't know this.

The first name I sold is currently being used as the main website name. And this name is nowhere as catchy and memorable as some that are still chilling in the marketplace after purchase.
I even followed this suggestion you made and registered 2 names that are similar to it (since it's in use). They didn't sell. Only one offer, and the lead disappeared after I countered.

IMHO

Geofavor:

You've made some valid points as usual. I have since known that about 80% of sales made here never leave the marketplace. In fact, there is a sales report of about 6 names by brand uche almost a year ago. All the names are still pointing to dan as I type this. However, from my own little experience, it doesn't necessarily mean the names are not better in quality than the ones that are in use. Any of several reasons might have caused the name to remain in the marketplace or expired without being used. For instance, I sold a name to an end user in march last year. Later, I pitched the plural to him. He snubbed me.
Regardless, I kept checking the status of the name I sold him. He never took it from the marketplace. I followed up asking him why he hasn't taken possession of the name and if he needed help with that. He snubbed. It was later when I tracked him down I discovered that he had relocated to another city. The name was a city + one-word service.
Another reason could also be that enduser moved on to a different venture after purchasing the name. He probably changed his mind. It happens.
This doesn't mean the name isn't of better quality than those that were bought and used. It simply means the end user wasn't the right buyer. But, as at the time of purchase, both the seller and the buyer didn't know this.

The first name I sold is currently being used as the main website name. And this name is nowhere as catchy and memorable as some that are still chilling in the marketplace after purchase.
I even followed this suggestion you made and registered 2 names that are similar to it (since it's in use). They didn't sell. Only one offer, and the lead disappeared after I countered.

IMHO

Another reason could be,
The enduser purchased the name at a cheap price of 150-350 just to prevent his competitors from landing their hands on it!

And if we are to ignore the type of names 80% of users don't put into use, then i think the only names that will be available to purchase will be from a (backorder) auctions.

I don't know about y'all, but me my pocket neva deep to de enta auctions oooo

Essont:
Bought the following domains
ohiocranes/king
Chinaartificialturf/king
Baltimorecarservices/king
Medevaccanada/king
Outbounded to over 100 end users averagely but not a single response from none of them.

Am I not doing it right? Or am missing something?

only the first one is fair,it's a state n not a city. Baltimore should be in UK,China in Asia.

This new Godaddy logo looks like a joke tbh, too basic for such a big brand

A little something..
Always try to maximize your profit by taking advantage of promos.
Yes, these registrars giving promo have high renewal fees.
But i think you can register at $1-$3 with them, when domain is due to expire u can transfer to a bigger registrar at $8-$9 which most of them increase one year to the domain's life. Thereby spending $10-$11 on each name instead of the regular $16-18 Do the maths and see how much u can save in naira..

I just checked and noticed i have registered 71 names since I started, ALL AT THE COST OF $261, average of $3.7/name

During renewal i intend to move all names i wish to renew to Epik, at cost of $8+/name which grants me 1yr additional on each name...

In case of registrars that have no account with Dan, u can chill 60days b4 starting outbound (for outboundable) names, so as to save yourself some stress.


Correct me if I'm wrong please!

ikhalyfah:
A little something..
Always try to maximize your profit by taking advantage of promos.
Yes, these registrars giving promo have high renewal fees.
But i think you can register at $1-$3 with them, when domain is due to expire u can transfer to a bigger registrar at $8-$9 which most of them increase one year to the domain's life. Thereby spending $10-$11 on each name instead of the regular $16-18 Do the maths and see how much u can save in naira..

I just checked and noticed i have registered 71 names since I started, ALL AT THE COST OF $261, average of $3.7/name

During renewal i intend to move all names i wish to renew to Epik, at cost of $8+/name which grants me 1yr additional on each name...

Correct me if I'm wrong please!

Isn't there a cost associated with transfers or so I thought

Josmila:


Isn't there a cost associated with transfers or so I thought

Yes, for epik is $8+, but it increases 1yr to your domain life, so it's just as though u have renewed@ 8$ instead of that $15 or so ur current (promo) registrar is charging

ikhalyfah:

Yes, for epik is $8+, but it increases 1yr to your domain life, so it's just as though u have renewed@ 8$ instead of that $15 or so ur current (promo) registrar is charging

Oh wow, didn't know this..

Again, you're saying you only get to pay let's say $8 only which is the transfer cost? If that's the case, that's such a good bargain

Josmila:


Oh wow, didn't know this..

Again, you're saying you only get to pay let's say $8 only which is the transfer cost? If that's the case, that's such a good bargain

Yes, that's only what u have to pay. A very good bargain.
1. U are running away from less reputable registrars
2. U are saving whole lot of naira. A real lot of it!

ikhalyfah:

Yes, that's only what u have to pay. A very good bargain.
1. U are running away from less reputable registrars
2. U are saving whole lot of naira. A real lot of it!

I owe you some chilled bottles of heineken and asun whenever we meet

ikhalyfah:
A little something..
Always try to maximize your profit by taking advantage of promos.
Yes, these registrars giving promo have high renewal fees.
But i think you can register at $1-$3 with them, when domain is due to expire u can transfer to a bigger registrar at $8-$9 which most of them increase one year to the domain's life. Thereby spending $10-$11 on each name instead of the regular $16-18 Do the maths and see how much u can save in naira..

I just checked and noticed i have registered 71 names since I started, ALL AT THE COST OF $261, average of $3.7/name

During renewal i intend to move all names i wish to renew to Epik, at cost of $8+/name which grants me 1yr additional on each name...

In case of registrars that have no account with Dan, u can chill 60days b4 starting outbound (for outboundable) names, so as to save yourself some stress.


Correct me if I'm wrong please!

Sometimes, it's less than $8.

SeraphicTimes:
Sometimes, it's less than $8.

Yep

Just quoted standard price

ikhalyfah:
A little something..
Always try to maximize your profit by taking advantage of promos.
Yes, these registrars giving promo have high renewal fees.
But i think you can register at $1-$3 with them, when domain is due to expire u can transfer to a bigger registrar at $8-$9 which most of them increase one year to the domain's life. Thereby spending $10-$11 on each name instead of the regular $16-18 Do the maths and see how much u can save in naira..

I just checked and noticed i have registered 71 names since I started, ALL AT THE COST OF $261, average of $3.7/name

During renewal i intend to move all names i wish to renew to Epik, at cost of $8+/name which grants me 1yr additional on each name...

In case of registrars that have no account with Dan, u can chill 60days b4 starting outbound (for outboundable) names, so as to save yourself some stress.


Correct me if I'm wrong please!

the same with dynadot/com too.

EGUNSOLA14:
the same with dynadot/com too.

Yep, even Godaddy if I'm not mistaken.
Some of them out there shaa

Any testimony from Epik name liquidation so far?

micynute94:


GoDaddy. It's $1 if you're a first timer.

pls how do I get the $1 domain name on GoDaddy as a first timer?

iCauseTrouble:
Any testimony from Epik name liquidation so far?

Three of names were sold for $9 each, I use speed tell rob to cancel my subscription with them..very painful.

Carmal90:


Three of names were sold for $9 each, I use speed tell rob to cancel my subscription with them..very painful.

Guess you didn't read the agreement. The worth of the name drops with time that is why it's called liquidation.
I only put names that I don't need again there just to recover my registration fees

tranxo:
Learning is a continuous process.

For those who have had decent sales experience with both brandables and geo domains, do you know that STEADY sales do not necessarily tell you everything about the quality of names you sold?

How, you may ask.

Well, how many times have you gone back to check up your sold names to see what their current owners are using them for?

1. Are they hosting completely new sites on them?

2. Are they redirecting them to existing sites?

3. Did they entirely replace existing sites that were hosted on less superior TLD with your names (.net to .com)?

4. Are they simply there without even a change in nameserver (No more interest, or fellow domainer)?

1-3 will give you a clearer picture about the type of names you should register more, and a better pricing system to adopt.

While IMHO, 4 reveals the type of names you shouldn't spend so much energy on (even if you sold them in the $200-$400 range). Remember the Pareto Principle.

This is the age of data. Let's start collecting and analysing these sets of data more closely.

Smart work WILL ALWAYS trump hard work, anytime, any day.

Cheers.

The first name I sold was so cheap and when I search the name lately what I saw I was like " why did I sell this domain for $200" p/a/y/coinly/king

ikhalyfah:

Another reason could be,
The enduser purchased the name at a cheap price of 150-350 just to prevent his competitors from landing their hands on it!

And if we are to ignore the type of names 80% of users don't put into use, then i think the only names that will be available to purchase will be from a (backorder) auctions.

I don't know about y'all, but me my pocket neva deep to de enta auctions oooo

If the bolded is the reason I think the buyer would have redirected it to his/her main site or what do you think.

Josmila:


I owe you some chilled bottles of heineken and asun whenever we meet

And I don't think Ikhalyfah deals with green bottle.
@Ikhalyfah I will like to confirm

johnoj24:

The first name I sold was so cheap and when I search the name lately what I saw I was like " why did I sell this domain for $200" p/a/y/coinly/king

Lol. Guy. Those people scammed you