Build the site or flip the domain name?

Anomaly1974 · 08-18-2009, 11:14 AM

I just got a new domain name to expand on my writing and promotional business online. However, I notice that one form of the domain name is currently listed at a five thousand dollar sales price. Many similar domains are being listed at twenty to twenty-five thousand dollars. The domain name itself (professional website promotions) seems to get about 600,000 searches per month on Google.

If I could get five grand I could get completely out of debt and rebuild ... but would I be able to get that much?

If I build the site and run it until I get an offer on the domain name, how is that going to make me look as far as business is concerned?

If I just build it and run it, I know it will benefit me personally but certainly not with a lump-sum big enough to get me completely out of debt and to rebuild.

What would you do?

Thanks

TristanPerry · 08-18-2009, 11:19 AM

Where are the domains listed for sale? Have they actually sold at that price, or just listed at that price? Remember that some companies (like BuyDomains, and GoDaddy's "premium domains" section) sometimes do over-value domains.

If you want (I'm a domainer - I have 130+ domain names) feel free let me know the domain name, and if it's valuable (i.e. worth $x,xxx) it may well be worth selling it now.

I would imagine it'd be better (from a credibility perspective) to sell the domain now than the build a business on it and then sell the domain afterwards.

But there are many variables.

As for selling the domain, DNForum.com is a paid domaining forum. NamePros.com is a free domaining forum. Sedo is also a domain name auction platform, but with Sedo you have to receive any offer from the domain before it goes to auction, which slows down any potential sale.

Darth Executor · 08-18-2009, 11:27 AM

If the domain name is getting 600k a month I'd build it up and monetize it. if even half those google hits translate to hits on your domain you've got a full time income right there.

Anomaly1974 · 08-18-2009, 11:35 AM

PM Sent

Thanks,

Ward

Anomaly1974 · 08-18-2009, 11:37 AM

Quote:

Originally Posted by Darth Executor

If the domain name is getting 600k a month I'd build it up and monetize it. if even half those google hits translate to hits on your domain you've got a full time income right there.

Yeah that is awfully tempting and I have to think in the long run it may well be worthwhile. Unfortunately, all of the ways to monetize it include more work for me and while I do not mind the work at all, I would hate to start only to get overloaded and not be able to live up to my promises either. The idea is to build my business to the point where I can start hiring others to work with me here.

Still, with 600k searches a month, ya gotta think that it would seriously help my business in the long run.

Thanks,

Ward

textbox · 08-18-2009, 12:15 PM

I would try to sell. Even though there is a large amount of volume for the keyword phrase you mentioned, you still have a lot of work to get your new site ranking and beating out sites like network solutions, addme, etc.

TheRealDomainer · 08-18-2009, 12:18 PM

Domain and site flipping is one highly misunderstood niche online.

While some domains may seem heavily priced, a true analysis will keep some of these domains at less than $100's.

Before venturing into selling your domain or setting up a site to flip, there are several factors you will consider.

Taking a look at your domain as a business is a fundamental rather than rushing to list it for a big pay just because you have seen others listed for such prices.

Determining seriously the worth of a domain is should not be based on your perceived worth base on prices listed, rather it should be on using the right parameters.

08-18-2009, 11:14 AM	#1
Anomaly1974 Always the Write Way! Join Date: Aug 2007 Location: American Expat in the Philippines. Posts: 1,193 Thanks: 45 Thanked 25 Times in 23 Posts Social Networking Contact Info	Build the site or flip the domain name? I just got a new domain name to expand on my writing and promotional business online. However, I notice that one form of the domain name is currently listed at a five thousand dollar sales price. Many similar domains are being listed at twenty to twenty-five thousand dollars. The domain name itself (professional website promotions) seems to get about 600,000 searches per month on Google. If I could get five grand I could get completely out of debt and rebuild ... but would I be able to get that much? If I build the site and run it until I get an offer on the domain name, how is that going to make me look as far as business is concerned? If I just build it and run it, I know it will benefit me personally but certainly not with a lump-sum big enough to get me completely out of debt and to rebuild. What would you do? Thanks
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08-18-2009, 11:19 AM	#2
TristanPerry Advanced Warrior War Room Member Join Date: Aug 2009 Location: Cardiff, United Kingdom Posts: 772 Thanks: 171 Thanked 147 Times in 103 Posts Social Networking	Re: Build the site or flip the domain name? Where are the domains listed for sale? Have they actually sold at that price, or just listed at that price? Remember that some companies (like BuyDomains, and GoDaddy's "premium domains" section) sometimes do over-value domains. If you want (I'm a domainer - I have 130+ domain names) feel free let me know the domain name, and if it's valuable (i.e. worth $x,xxx) it may well be worth selling it now. I would imagine it'd be better (from a credibility perspective) to sell the domain now than the build a business on it and then sell the domain afterwards. But there are many variables. As for selling the domain, DNForum.com is a paid domaining forum. NamePros.com is a free domaining forum. Sedo is also a domain name auction platform, but with Sedo you have to receive any offer from the domain before it goes to auction, which slows down any potential sale.
	"If you are clear where you are going and you take several steps in that direction every day, you eventually have to get there."

08-18-2009, 11:27 AM	#3
Darth Executor HyperActive Warrior Join Date: Jul 2008 Location: Toronto, Canada Posts: 418 Thanks: 157 Thanked 45 Times in 31 Posts	Re: Build the site or flip the domain name? If the domain name is getting 600k a month I'd build it up and monetize it. if even half those google hits translate to hits on your domain you've got a full time income right there.

08-18-2009, 11:35 AM	#4
Anomaly1974 Always the Write Way! Join Date: Aug 2007 Location: American Expat in the Philippines. Posts: 1,193 Thanks: 45 Thanked 25 Times in 23 Posts Social Networking Contact Info	Re: Build the site or flip the domain name? PM Sent Thanks, Ward
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08-18-2009, 12:15 PM	#6
textbox Warrior Member Join Date: Jul 2009 Posts: 25 Thanks: 0 Thanked 1 Time in 1 Post	Re: Build the site or flip the domain name? I would try to sell. Even though there is a large amount of volume for the keyword phrase you mentioned, you still have a lot of work to get your new site ranking and beating out sites like network solutions, addme, etc.
	textbox creative marketing agency

08-18-2009, 12:18 PM	#7
TheRealDomainer Banned Join Date: Nov 2007 Location: , , USA. Posts: 459 Thanks: 9 Thanked 61 Times in 29 Posts Social Networking Contact Info	Re: Build the site or flip the domain name? Domain and site flipping is one highly misunderstood niche online. While some domains may seem heavily priced, a true analysis will keep some of these domains at less than $100's. Before venturing into selling your domain or setting up a site to flip, there are several factors you will consider. Taking a look at your domain as a business is a fundamental rather than rushing to list it for a big pay just because you have seen others listed for such prices. Determining seriously the worth of a domain is should not be based on your perceived worth base on prices listed, rather it should be on using the right parameters.