question Should I buy Domains or Lottery Tickets? 🤔

[accurate]

Title says it all. Should I buy Domain Names or Lottery Tickets?

I've been doing this a long time and I'm dropping half my portfolio this year. Decent amount of inquiries but no sales.

My chances of selling a decent domain name for $xxxx seems to be the same as winning the lottery. So why not buy lottery tickets?

 

[Deleted member 322971123]

Title says it all. Should I buy Domain Names or Lottery Tickets?

I've been doing this a long time and I'm dropping half my portfolio this year. Decent amount of inquiries but no sales.

My chances of selling a decent domain name for $xxxx seems to be the same as winning the lottery. So why not buy lottery tickets?

Hi,

I recently hand registered around 100 .xyz domains for $0.69 each. I sold one last week for $1050. I still got 99 more to go.

 

[Deleted member 322971123]

All I am saying is that sometimes we believe that we have sellable domain names but in reality, those are not good at all.

Sometimes we only list our decent domains on a single marketplace which makes our domain exposure limited. (I listen my domains everywhere, Afternic, Sedo, Epik, GD auction)

Sometimes we have sellable domain names but we are not pricing them correctly.

There are many reasons,

 

[accurate]

The reason is if I own the domain, even single word .com domains, people will NOT buy them.

All I am saying is that sometimes we believe that we have sellable domain names but in reality, those are not good at all.

Sometimes we only list our decent domains on a single marketplace which makes our domain exposure limited. (I listen my domains everywhere, Afternic, Sedo, Epik, GD auction)

Sometimes we have sellable domain names but we are not pricing them correctly.

There are many reasons,

 

[accurate]

I don't buy crap extensions. Only .com domains. @Furquan

 

[Deleted member 322971123]

I don't buy crap extensions. Only .com domains. @Furquan

A lots of people turning $0.69 into $1000 to $2000 within two months.

 

[accurate]

I don't pay attention to fake sales.

Thank you very much.

 

[Deleted member 322971123]

I don't pay attention to fake sales.

Thank you very much.

I don't know how you call them fake sales.

I sold Panda Dao .xyz last week for $1050 on Afternic.

 

[accurate]

I don't pay attention to fake sales.

Thank you very much.

What I said.

 

[INFORG]

@accurate

most domainers would probably be better off with lottery tickets.

What size is your portfolio?
What is the quality of your portfolio? (Let’s see 6 of your best names)
What are you pricing your domains at, or are they all “make offer”?

One of the 3 things above is the reason for your lack of sales.

 

[accurate]

@accurate

most domainers would probably be better off with lottery tickets.

Seems that way.

What size is your portfolio?

Goes down each day since I'm dropping.

What is the quality of your portfolio? (Let’s see 6 of your best names)

Don't like sharing publicly but one of my domains is brokered by BuckleyMedia.

What are you pricing your domains at, or are they all “make offer”?

One of the 3 things above is the reason for your lack of sales.

Majority of my domains are priced in the $2k - $5k range. Sweet spot for impulse sales.