appraise Appraisal request - DrawDoodles.com

[MrMDMF]

Since my last domain was a bit of a flop I decided to go back to the drawing board... Literally

Possible end-users
-Artists, painters, animators/animation studios. graphic designers & illustrators.
-Blogs, forums, educational videos, magazines, web-games all revolving around art/art direction.

Let me know if I missed any.
As always, thanks for checking out the post. I look forward to hearing your feedback.

-M

 

[Mr. Deleted]

Since my last domain was a bit of a flop I decided to go back to the drawing board... Literally

Possible end-users
-Artists, painters, animators/animation studios. graphic designers & illustrators.
-Blogs, forums, educational videos, magazines, web-games all revolving around art/art direction.

Let me know if I missed any.
As always, thanks for checking out the post. I look forward to hearing your feedback.

-M

I would want an app like this to go with a domain like that.

https://play.google.com/store/apps/details?id=com.muxixihe.android.instadoodlesfoto&hl=en_US

 

[Mr. Deleted]

Maybe buy this app and put admob on it, and then promote it with your domain https://www.sellmyapp.com/downloads/draw-and-sketch/

 

[MrMDMF]

I would want an app like this to go with a domain like that.

https://play.google.com/store/apps/details?id=com.muxixihe.android.instadoodlesfoto&hl=en_US

Maybe buy this app and put admob on it, and then promote it with your domain https://www.sellmyapp.com/downloads/draw-and-sketch/

Those are both great finds, Thank you!
Although I am not in a position invest time into this opportunity.
My current goal is to build enough funds to develop a portfolio of names. Website/App development will probably come later.

That being said, I'd be more than happy to put the domain up at resale value to help fuel this idea for someone else. I just need an appraisal first

-M

 

[Biggie]

freshly re-registered, since it was deleted and available again
and in this case, means reg fee value to me
other extensions available and no previous archive

but this is just how i see it

imo....

 

[MrMDMF]

freshly re-registered, since it was deleted and available again
and in this case, means reg fee value to me
other extensions available and no previous archive

but this is just how i see it

imo....

Thanks for the insight Biggie
I'm curious, why are freshly re-regged domains less valuable in your opinion?

 

[Mr. Deleted]

Thanks for the insight Biggie
I'm curious, why are freshly re-regged domains less valuable in your opinion?

First, there is a reason it was dropped, and most likely that is low to non-existent traffic, but the second part of this is, it would be better to have an older reg date for SEO purposes.

 

[MrMDMF]

First, there is a reason it was dropped, and most likely that is low to non-existent traffic, but the second part of this is, it would be better to have an older reg date for SEO purposes.

Ahh... That's super interesting. I thought its strength came from its 18,100 searches per month. But if the domain has no history & was recently dropped then it's safe to assume someone had already tried to capitalise on that with little to no results.

I had my eye on another, geo domain. 'majorcity'modeling.com But archive yielded no results. Would it be worth investing to focus on marketing to outbound end-users or is this another dud?

Man, the list of criteria for a star quality domain keeps on growing!

 

[Mr. Deleted]

We both have been around doing this for a while so we know the business pretty well. Yes, it keeps changing with Google updates etc, but yes, it is (in my opinion) a name I would enjoy working on if I could get it search-engine optimized, but it would have been better if it had not dropped.

The modeling name might work if its in a major city.

 

[ukbackorder]

The only way to get a 'star quality' domain is to buy it from someone and be prepared to spend $x,xxx to $xxx,xxx

 

[MrMDMF]

We both have been around doing this for a while so we know the business pretty well. Yes, it keeps changing with Google updates etc, but yes, it is (in my opinion) a name I would enjoy working on if I could get it search-engine optimized, but it would have been better if it had not dropped.

The modeling name might work if its in a major city.

Got it. so, domains with an active history alongside consistent Google search results that has not been recently tried & testing as a failure are all factors in gauging how appealing a domain will be for development.

Thank you for the speedy reply, I feel very fortunate to be part of a very active & helpful community.

 

[MrMDMF]

The only way to get a 'star quality' domain is to buy it from someone and be prepared to spend $x,xxx to $xxx,xxx

Haha well, to be honest, my current criteria for 'star quality' domains are ones that I can consistently flip reg fee to 3-4 figures

Not playing with the big boys but hopefully, that can change as I develop my knowledge & portfolio

 

[Mr. Deleted]

Haha well, to be honest, my current criteria for 'star quality' domains are ones that I can consistently flip reg fee to 3-4 figures

Not playing with the big boys but hopefully, that can change as I develop my knowledge & portfolio

I bought a name on namesilo marketplace from the drop. and renewed it 3 times and sold it for 1000. I paid 1 dollar for it. So if you want to buy some of those old lottery tickets, thats one idea, but its not guaranteed in any way. But they do keep their original reg-dates.

 

[Castion]

Haha well, to be honest, my current criteria for 'star quality' domains are ones that I can consistently flip reg fee to 3-4 figures

Not playing with the big boys but hopefully, that can change as I develop my knowledge & portfolio

The only way of getting consistency into your sales in the domain industry is to target resellers. You can not consistently sell to end users, unless your portfolio is counted in the millions of domains.

If you target resellers your margins go down to 10-100% instead of 1000%-10000% and its a lot more competitive these days. So get that thought out of your head. VERY few people can make a living from reselling domain names. It can be a nice side income, but consistent.. I think not.

 

[Biggie]

Haha well, to be honest, my current criteria for 'star quality' domains are ones that I can consistently flip reg fee to 3-4 figures

Not playing with the big boys but hopefully, that can change as I develop my knowledge & portfolio

Hi

since i started in 2002, i was able to buy some domains at reg fee then, that are now selling for $,$$$ easily.

there are many others who started before me and/or some years after, who were in same position to acquire, what is now "quality domanis" at reg fee pricing..
domains like cvcv .com and many quality four letters and 3 character.com that were readily available

the thing is: many of us also, still own some of those names.

and when they sell for ranges that excite the eyes, pretty much only thing a newbie will see, is the sale price.


they don't see the owner renewing, year after year or renewing in advance and waiting for the right offers.

newbies only think about "flipping" something and never have the "time" to invest in the time, it may take for the name to mature.
just saying....



imo....

 

[MrMDMF]

The only way of getting consistency into your sales in the domain industry is to target resellers. You can not consistently sell to end users, unless your portfolio is counted in the millions of domains.

If you target resellers your margins go down to 10-100% instead of 1000%-10000% and its a lot more competitive these days. So get that thought out of your head. VERY few people can make a living from reselling domain names. It can be a nice side income, but consistent.. I think not.

I see, so it comes down to making a choice between:
1) Waiting on end-users for months/years depending on factors such as the number of marketplace listings/how active I am in marketing & outbound leads/Overall quality of the name/If it's brandable to industries, niches, end-users, market trends, etc. Among many other factors.

OR

2) Marketing to resellers at a fraction of what an end-user would be paid for the chance at quicker sales (using above examples of domain criteria ) to hopefully build a substantial portfolio to allow the luxury of waiting for the right end-user to pay a premium price.

My goal is to accumulate an average of $2401 total sales per month, which equals to $29,000 annually as this is the median income in the UK
Saying it out loud both scares & excites me lol

My plan for domaining is to use funds from a regular job, irregular reseller/end-user domain sales which will allow the construction of a decently large, high-quality domain portfolio and the affordability to build a brand around it. From there I can hopefully invest in passive income strategies (I only need $500-1000 to begin investment) to fuel the business model & hopefully attain a decent level of success from there onwards.

I am nervous, apprehensive & probably crazy stupid to attempt all of this. Whether or not I am successful is unknown.

Coming from a very poor, yet incredibly hard-working family I know that failure & disappointment are fruitful to those who try to succeed.
But also that failure & disappointment is 100% guaranteed to those who don't try at all... So I don't want to be one of those people.

The top two objectives right now: 1) Learn. 2) Roll the dice.
Wish me luck
-M

 

[Castion]

Well you got it pretty well summed up in your two choices. Its either 1 or 2 or a combination of both. You can have an end user portfolio and still jump on band waggon trends like the CHIP thing a few years back.

Where I think the chain sort of breaks, is in your later rationales... I personally started years ago using funds (100$) I won through a no deposit offer from a casino and I subsequently made the rule for myself that this was to be a side INCOME, not expense. So I never put in outside money and just started small instead.

I think its very dangerous to start funding this highly speculative and competitive "hobby" using your real life income. Start small, learn, make some sales, invest that profit into better names, make bigger sales, invest that into even better names and boom 10 years down the road you know the business and have a nice portfolio.

You seem like a bright guy. So do try and give it your all out, but dont invest your food money

What you have going for you, that nearly all noobs today do not have, is that you are willing to listen and learn. That will take you far.

 

[MrMDMF]

Well you got it pretty well summed up in your two choices. Its either 1 or 2 or a combination of both. You can have an end user portfolio and still jump on band waggon trends like the CHIP thing a few years back.

Where I think the chain sort of breaks, is in your later rationales... I personally started years ago using funds (100$) I won through a no deposit offer from a casino and I subsequently made the rule for myself that this was to be a side INCOME, not expense. So I never put in outside money and just started small instead.

I think its very dangerous to start funding this highly speculative and competitive "hobby" using your real life income. Start small, learn, make some sales, invest that profit into better names, make bigger sales, invest that into even better names and boom 10 years down the road you know the business and have a nice portfolio.

You seem like a bright guy. So do try and give it your all out, but dont invest your food money

What you have going for you, that nearly all noobs today do not have, is that you are willing to listen and learn. That will take you far.

This post honestly made my night. I really appreciate the kind words of encouragement & wisdom from someone who has probably experienced the many ups and downs of domaining.
I want to thank you all for the support you give to the community, your experience, dedication & work ethic have the potential to change someone's life. Even if it's only a little extra spending money once in a blue moon. That is truly amazing.

I promise to proceed with optimistic caution, only spending my extra lunch money
Thread closed, you guys rock.

Heres to the weekend!
-M