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Domain Discussion
Domain Beginners and Newbies
Do You Make a Living At Domaining?
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<blockquote data-quote="Main Domains" data-source="post: 2188717" data-attributes="member: 322801350"><p>Hello,</p><p></p><p>I'm new to domaining and DN Forum. I am trying to figure out a path to earn a living wage. Reading DN Forum and viewing interviews on Domain Sherpa has provided valuable guidance.</p><p></p><p>I have only been trying to market my domains to end-users for the last 5 months and have sold 5 domains in that time. In my experience, when I try to hold out for a few hundred dollars more than the potential buyer is offering, the buyer quits responding to my e-mail. So for me, I am beginning to think there may be a "sweet spot" price of $300 to $600 for my hand reg names. Because at least at those prices I am selling something, whereas at higher prices, they just walk away. So, initially my philosophy was to try to hold out for more, but now I am starting to think I just need to sell more names for less . . . or I may not sell any at all!</p><p></p><p>An exception to that, would be when the buyer contacts you, then it's easier to hold out for a higher price. Still I am amazed. I have a real estate domain that is an exact match to an existing, successful real estate business. They are currently using a hyphen, xxxx-realestate.com, when my domain has no hyphen. Their hyphen looks unprofessional and they are losing traffic. But they are only willing to pay $1,000 so far, which is an increase from their initial $200 offer!</p><p></p><p>I am also wondering how important it is to develop domains into a Word Press site or a landing page? I am not techie and don't really have the money to pay someone else to do this. </p><p></p><p>I would be very grateful if you would share your experience.</p><p></p><p>1. Are you able to sell enough domains that you do not need to hold another job?</p><p></p><p>2. In your experience, do you sell a higher number of hand reg domains in the $300-$600 range, and just try to sell more of them, rather than hold out for higher prices?</p><p></p><p>3. Do you think it is critical to develop sites? If so, would it be hard for a non-techie person to learn and how long do you think it would take?</p><p></p><p>Thank You for any advice you can give this Newbie.</p><p></p><p>Cheers,</p><p>Main Domains</p></blockquote><p></p>
[QUOTE="Main Domains, post: 2188717, member: 322801350"] Hello, I'm new to domaining and DN Forum. I am trying to figure out a path to earn a living wage. Reading DN Forum and viewing interviews on Domain Sherpa has provided valuable guidance. I have only been trying to market my domains to end-users for the last 5 months and have sold 5 domains in that time. In my experience, when I try to hold out for a few hundred dollars more than the potential buyer is offering, the buyer quits responding to my e-mail. So for me, I am beginning to think there may be a "sweet spot" price of $300 to $600 for my hand reg names. Because at least at those prices I am selling something, whereas at higher prices, they just walk away. So, initially my philosophy was to try to hold out for more, but now I am starting to think I just need to sell more names for less . . . or I may not sell any at all! An exception to that, would be when the buyer contacts you, then it's easier to hold out for a higher price. Still I am amazed. I have a real estate domain that is an exact match to an existing, successful real estate business. They are currently using a hyphen, xxxx-realestate.com, when my domain has no hyphen. Their hyphen looks unprofessional and they are losing traffic. But they are only willing to pay $1,000 so far, which is an increase from their initial $200 offer! I am also wondering how important it is to develop domains into a Word Press site or a landing page? I am not techie and don't really have the money to pay someone else to do this. I would be very grateful if you would share your experience. 1. Are you able to sell enough domains that you do not need to hold another job? 2. In your experience, do you sell a higher number of hand reg domains in the $300-$600 range, and just try to sell more of them, rather than hold out for higher prices? 3. Do you think it is critical to develop sites? If so, would it be hard for a non-techie person to learn and how long do you think it would take? Thank You for any advice you can give this Newbie. Cheers, Main Domains [/QUOTE]
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