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Old 04-21-2009, 08:13 PM   #10 (permalink)
biggedon
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Quote:
Originally Posted by Acro View Post
Don, if you set the bar low that's how high you will jump
If you're saying that people should be content with flipping domains for $25 profit, then that's fine - but then that's like trading Spideman magazines and old coins.

I've had four 5-figure sales so far, because I don't set the bar low. Because when the offers came in I was not content with simply making a profit. And that's the kind of end-user buyers I'm talking about.
i didn't set a bar, only defined it as is.

but i started by flipping names for $15 and $25 profit and was happy as hell when i made my first sale.

what an individual domainer feels comfortable as his/her profit margin is their perogative.

however, that profit margins' growth, is dictated by the value of the domain and the owners knowledge of domains and their value.


without that knowledge and or experience, they may sell for lower than what another domainer would or could have sold the same name for.
doesn't matter if the client is a reseller or and end-user


i see a lot of posts expressing frustration because they set the bar too high or have expectations above reality.
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