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Domain summit 2024

NEWBIE QUESTIONS

Enerika

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Hi!
This is my first post and my first-day here...get ready for lots of (well, I won't label what kind of...be kind!) questions. How much is it per domain name to list at Flippa to sell?
/
 
Domain summit 2024

Biggie

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jaydub

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Welcome to DNForum!
 

Enerika

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Hi

Please visit:
https://support.flippa.com/hc/en-us/articles/360000774276-Fees-and-Fee-Payment-Charges-and-Pricing

it's best to visit any website that you have interest in using, to read their respective terms of services, pricing structure, fee's, commissions, etc. are, if any.
as they may change or been updated since one of us has last used them.

then, if you have questions later, feel free to post them here.
Hi

Please visit:
https://support.flippa.com/hc/en-us/articles/360000774276-Fees-and-Fee-Payment-Charges-and-Pricing

it's best to visit any website that you have interest in using, to read their respective terms of services, pricing structure, fee's, commissions, etc. are, if any.
as they may change or been updated since one of us has last used them.

then, if you have questions later, feel free to post them here.

Good Luck and Welcome to DNForum.com

Thanks Biggie...I know you're right...I've done ALOT of reading lately ... sometimes when I get tired everything seems to mush together. nI admit it, I get lazy (like a human) and just try sometimes, sneaking in the question.
I had looked for that...I'll go there now!
 

Enerika

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Pretty obvious, yes? Thanks Biggie, for the biggie! I am going there now ...believe it or not lately I can't seem to do or find the obvious, though...All this learning in the last three months is leaving me...crazed! Like a chicken with my head cut off sometimes. I hope to be back with my head on a bit straighter. (in about 10 years ?!)
 

Castion

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Enerika

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Pretty obvious, yes? Thanks, Biggie, for the biggie! I am going there now ...believe it or not lately I can't seem to do or find the obvious, though...All this learning in the last three months is leaving me...crazed! Like a chicken with my head cut off sometimes. I hope to be back with my head on a bit straighter. (in about 10 years ?!)
Thanks for the encouragement...now just wait until you hear/read THIS...I went on a newbie binge of names and, being on a ".com" high, think I walked myself right into the deep end where no one should swim1 I am afraid to get to the point, okay?!
Here it is-I registered one (afraid to check on others) dot com domain that is already registered under another site. does that make sense?
Should I say/write it out loud here
Scared ----less
Karin
 

Enerika

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Hi

Please visit:
https://support.flippa.com/hc/en-us/articles/360000774276-Fees-and-Fee-Payment-Charges-and-Pricing

it's best to visit any website that you have interest in using, to read their respective terms of services, pricing structure, fee's, commissions, etc. are, if any.
as they may change or been updated since one of us has last used them.

then, if you have questions later, feel free to post them here.

Good Luck and Welcome to DNForum.com
Hi again...
I kind of canceled my FLIPPA-ing ... after I took your advice and read about their per domain pricing per domain listing ($$$ times 600 plus is scary!..THANKS THANKS THANKS!!!!)
I am now the official dummy newbie of all time.
 

Biggie

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I am now the official dummy newbie of all time.

I don't see you as being a dummy

especially if you're smart enough to see, that it's not worth the cost.

imo...
 

Enerika

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I really appreciate your posting that I am not the official (can't, in fact, be a "real" dummy!?). I think it took guts for you to post your opinion of what you thought I did right "for myself". Thanks...I think I can go on now! Maye start again with a landing page for all the domains? Can I ask you what you think? No pressure...(nobody else is looking!)
 

Biggie

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Maybe start again with a landing page for all the domains? Can I ask you what you think?

having a landing page for your domains is an option

you can also list them on places like sedo, afternic and other marketplace sites for more exposure

imo,,,
 

Enerika

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having a landing page for your domains is an option

you can also list them on places like sedo, afternic and other marketplace sites for more exposure

IMO
I see people entering the market and making basic startup mistakes. This is normal and is part of the learning process but below are a list of ideas I've formulated in the 16ish years I've been buying and selling domains.

1) have an idea what you can do with a domain when you register it. If you think it has resale value think of your target buyers. If you think it can be developed and monetised know in what area and how you're going to go about it. If you cannot think of a reason *don't* register it. 'Brandable' is a meaningless term applied to domains with no meaning - these types of sales are incredibly rare.

2) If you are selling via a forum remember estibot or any other appraisal tools are very seldomly an indication of its value. A domain is worth what a buyer will spend and a seller will accept. Quoting values from automated tools suggests that you have no idea what it's worth to you and therefore your expectations will be unrealistically high - such quotes are a red flag to serious experienced resellers.

3) You will get higher prices in an enduser sale. This seems pretty obvious but there are many people with freshly registered domains who attempt to sell on forums for enduser prices. You are better approaching potential buyers directly and individually. Although you are at a slight disadvantage as you have made the first move you will likely sell for higher than resell value - which is what forums are for. The rule for value is usually : enduser approaching you > you approaching enduser > forum. Of course forum is liquidity and you can quicker sell a domain.

4) If you are selling a developed website bear in mind people will really only be interested in the traffic and revenue. Unless the domain is outstanding you should value the sale at a multiple of the revenue and any additional costs you have spent getting it succesful. Generic constant traffic commands a higher price than trends in quick moving markets.

5) Understand what goes into a domain to give it value if it doesn't have immediate obvious resell advantages. The argument 'ebay have a made-up word and their domain is worth millions' doesn't cut it when you can take any made-up word, spend MILLIONS marketing it, and give it value if it provides a needed or wanted service. You likely haven't spent that on a fresh registration from two days ago.

6) Constantly adapt and evolve. What worked a decade ago doesn't work anymore. What works last year most likely is not the best way to do things now. Keep abreast of the market and its movement.

7) Stick to .coms, established old extensions, or in some cases ccTlds (country codes relevant to the market). Yes there have been a couple of good sales in other extensions such as .top, .club, .banana etc but these are tiny compared to the amount of speculators. You have more chance of selling a worse .com than an excellent gtld.

8) If nobody is approaching you for a domain you hold within a year it is a good indication that it's not as sought after as you wish to believe. Don't be afraid to let bad domains drop. There is no harm in trying and failing - most of your domains will fail it is normal. You want to hit on the good ones to cover the bad ones. As has been proven if people have deep enough pockets they can register a large portfolio with the knowledge that statistically some will sell and at least cover the renewal fees of the whole thing.

9) Don't be afraid to spend money to make money. The days of fresh registrations immediately selling for lots of money have gone. Yes there are 'lottery' type sales now and then but you cannot base a serious business way of lifestyle on winning the lottery at some point. It is always worth buying domains with established routes to monetisation for a price you are comfortable with and the price a seller wants to sell for. Work out how much the domain will earn you or, if buying for resale, have a minimum level of profit you are willing to accept. If a resell domain is 'worth all of it's money' then beyond vanity you will not have much to work with. However as buyer and seller expectations often differ you can sometimes buy domains which you value higher than the seller does.

10) Accept there is a standard 'market' value of certain types of domains. You may not have to agree with it but 3 letters, 4 letters (com) have a minimum 'token' price. You will always be guaranteed to get that price in a reseller market. Keep abreast of all domain sales and notice general market trends and standard values. Ignore some of the lottery wins you will see. I have bought and sold many 3 letter .coms in the past and simply trading on the profit in a reseller to approached enduser value makes up for not selling 'this-domain-is-the-greatest.com' when similar rubbish has sold once the month before for umpteen million dollars.

11) Don't be buying at enduser prices to sell to resellers. Likewise when posting a domain for sale on this forum remember that you are speaking to resellers and enduser pricing will not apply here.

12) Be honest in the reseller market. It is often noted when people try to sell a fresh registration for 6 figures and, when value is mentioned and that it is too high, claim they have already had offers for a naive figure. We know that isn't true - we are not silly. That just raises warning flags to serious buyers about dealing with you in the future. Also don't claim that you are selling domains because you don't have time to develop them and if they're not bought by xx date you will develop them yourself. Never indirectly threaten people who may be your customers especially when they can see through the bs they have seen so often. Reputation in the domain industry goes MUCH further than a few dollars. Similarly when asking for appraisals on a domain expect that opinions will differ. There is absolutely no point in getting upset on a valuation opinion. Remember opinions are free and largely subjective.

13) Learn what 'premium' really means. A lot of domains are touted as 'premium' when they clearly aren't. This means either that the seller doesn't know that (and needs to learn more before he makes money) or does know and is trying to pull the wool over the eyes of the buyers who know better.

Feel free to add any other observations.

,,,
Thanks again...I was on Bido and it was pretty easy with their wizard and so fee for individual auctions after they receive 10 votes (or you can pay to hasten the process! (and that is great, too) I am n Quora and have also read a lot of input from various people, often those with vested interests. This is a slow process so I thank you for the REAL advice. There is no value or point in wasting time and effort playing silly competitive, ego games in this venture. I love great advice, although I do realize I have already made many errors listening to who knows who and that includes me!
 

Biggie

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amayasmith

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Hello

I am new here and want to gather knowledge about domains and also want to share my knowledge on this site. I hope to get your Full support and Cooperation from all Nerds.

Thanks in Advance!!
 

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