Forums
New posts
New posts
Search forums
Market
Domains/Websites Wanted
.com Domain Market
gTLD Domain Market
ccTLD Domain Market
Web3 Domain Market
Third-Level Domain Market
Adult Domain Market
What's New
New profile posts
Latest activity
Members
Current visitors
New profile posts
Search profile posts
Account Upgrade
Premium Members Directory
Log in
Register
What's New
calendar
Search
Search
Search titles only
By:
New posts
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Enjoy unlimited access to all forum features for FREE! Optional upgrade available for extra perks.
Forums
Domain Discussion
Domain Beginners and Newbies
Do You Make a Living At Domaining?
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="ImageAuthors" data-source="post: 2192806" data-attributes="member: 322543876"><p><span style="color: #333333">1. Are you able to sell enough domains that you do not need to hold another job?</span></p><p><span style="color: #333333"></span></p><p>I began domaining basically 2 years ago and have had no income aside from domains during that time period. However, I'm mainly focused on startup development within the domain industry and elsewhere. If it weren't for those projects, I wouldn't bother with domaining. I could make much more money and put in fewer hours anywhere else. So could you. The VAST majority of domainers who didn't get involved 10 or 20 years ago -- and even many who did -- hold down regular jobs and only engage in domaining as a hobby or side project. This enables them to have more spending money for domains and also to negotiate higher sale prices, since they're not dependent on domain income. I recommend that you plan on NOT earning a living from selling domains. The game is 100 times harder in 2014 than it was in 2004 or 1994.</p><p></p><p><span style="color: #333333">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?</span></p><p></p><p>Everybody pursues a different strategy. Figure out what works for you. If you spend $10k on a domain and sell it for $16k after holding it a year, that's good. If you spend $90 on 10 hand-reg'd domains and sell one of them for $900 in 3 months, that's good too.</p><p></p><p><span style="color: #333333">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?</span></p><p><span style="color: #333333"></span></p><p><span style="color: #333333">Not critical but worthwhile. Put yourself in the other guy's shoes -- the company owner or entrepreneur who is your buyer-- and try to build a site or a business. If it flops, at least you'll gain some skills and experience. If it succeeds, you'll add something to the world instead of just move stuff around. And if it succeeds commercially, you'll make a lot more money that way than by selling domains.</span></p></blockquote><p></p>
[QUOTE="ImageAuthors, post: 2192806, member: 322543876"] [COLOR=#333333]1. Are you able to sell enough domains that you do not need to hold another job? [/COLOR] I began domaining basically 2 years ago and have had no income aside from domains during that time period. However, I'm mainly focused on startup development within the domain industry and elsewhere. If it weren't for those projects, I wouldn't bother with domaining. I could make much more money and put in fewer hours anywhere else. So could you. The VAST majority of domainers who didn't get involved 10 or 20 years ago -- and even many who did -- hold down regular jobs and only engage in domaining as a hobby or side project. This enables them to have more spending money for domains and also to negotiate higher sale prices, since they're not dependent on domain income. I recommend that you plan on NOT earning a living from selling domains. The game is 100 times harder in 2014 than it was in 2004 or 1994. [COLOR=#333333]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?[/COLOR] Everybody pursues a different strategy. Figure out what works for you. If you spend $10k on a domain and sell it for $16k after holding it a year, that's good. If you spend $90 on 10 hand-reg'd domains and sell one of them for $900 in 3 months, that's good too. [COLOR=#333333]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? Not critical but worthwhile. Put yourself in the other guy's shoes -- the company owner or entrepreneur who is your buyer-- and try to build a site or a business. If it flops, at least you'll gain some skills and experience. If it succeeds, you'll add something to the world instead of just move stuff around. And if it succeeds commercially, you'll make a lot more money that way than by selling domains.[/COLOR] [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
Domain Discussion
Domain Beginners and Newbies
Do You Make a Living At Domaining?
Top
Bottom