Dreaming
To Sell Your Domain For Millions?
Dreaming To Sell Your Domain For Millions?
Each and everyday you hear stories about some name
getting thousands of dollars from the buyer. You also jump right
into the game of domaining and hope for that lucky day to arrive
when someone might get interested in your domain name. Right?
How to get started?
The main problem with newbies over here is that they do very less
research and start spending their money on useless names. After
6 months or a year their moral goes down the drain and they are
back where they were but with lighter pockets then before.
Some people get into the trademark mess. They get sued by trademark
holding company and then they show their temper openly on forums
and other message boards.
Some can't even monetize their domains to get the renewal fees
for the upcoming period.
If you have 4 or 5 domains then you can surely shed the amount
from your own pocket. But when the figure goes around 100's and
1000's it is very hard to renew the domains for the future.
My advice to newbies would be to stick at 25 to 50 domains. They
can earn for 10 or 20 renewals per year if your names are below
average. Some domain might get you more revenue and it can fill
the gap for you.
Ultimately the main thing is to not lose a domain for nothing.
You should at least get its registration fees from it. This will
not start downfall of your domain empire which you want to build.
1 dollar loss is also a big loss if you have more then 100 or 500
domains in your domain portfolio.
So what kind of domains you should buy?
Choose wisely on which name you are putting your money. Three characters
.com's are creating a lot of chaos right now in the market. Their
prices goes sky high in domain name aftermarkets. Generic dictionary
words are also long gone. New TLD's are not so stable right now,
dot-com still rules the internet. You might get lucky in some other
TLD's but I wouldn't advice you if you are new in the game.
4 letters have 456976 combinations from AAAA to ZZZZ. Of them only
around 5000 are left. Which is of course the garbage.
What do we do now if we still want to get out feets wet
in this?
Look for some guy who is willing to sell his domain for less. There
are plenty of places to find this kind of domains available for
sale at lower prices. You can go to forums specially created for
this kind of discussions.
f you don't know any then here is the one Nameslot.com Go there
look for some domains which might fall under our category and then
approach the seller. Here also lookout for trademark issues and
blacklisting for that particular domain. You can generally get this
info from doing a whois search for that domain here Whois.sc
Keep your eyes and ears open for latest news. It might shed some
light and you might be the lucky one who grabs that name for just
registration fees and sell it for 1000's. Work on them and get every
cent out of them. This will keep you in the game. The main thing
over here is not to win the game but to be in it and be till the
last.
About the Author This article was first
published on Nameslot.com
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