$8 investment cashed out $1888 in 43 days

Gene Pimentel

12 years ago

Congrats. Now go repeat it a thousand times :-)

Thanks
3 replies

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J Bold 12 years ago

Originally Posted by Gene Pimentel

Congrats. Now go repeat it a thousand times :-)

Sound advice. Pretty sure Gene knows what's he's talking about here.
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- azmanar 12 years ago
  
  Originally Posted by J Bold
  
  Sound advice. Pretty sure Gene knows what's he's talking about here.
  
  J Bold,
  
  Weren't you bald in your previous avatar?
  
  Just asking.
  
  Or could be a different person.
  
  Thanks
  
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pow999 12 years ago

Originally Posted by Gene Pimentel

Congrats. Now go repeat it a thousand times :-)

yup. working on it luv the domain game.

Originally Posted by David Wolfman

Can you share the details/system, please?

reg the name and contacted 14 ppl via linked in and sold it. 2 minutes to register the name and 30 mins in sending out emails with fixed price of $1888.

Originally Posted by redicelander

Sound advice. Pretty sure Gene knows what's he's talking about here.

yup i would agree
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- David Wolfman 12 years ago
  
  Originally Posted by pow999
  
  reg the name and contacted 14 ppl via linked in and sold it. 2 minutes to register the name and 30 mins in sending out emails with fixed price of $1888.
  
  So you did this in 32 minutes total, what about the 43 days?
  
  Thanks
  
  1 reply
  
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  pow999 12 years ago
  
  Originally Posted by David Wolfman
  
  So you did this in 32 minutes total, what about the 43 days?
  
  reg the name took 2 mins 43 days ago. i have more than 1800 domain names and keep reg handful a week. And everyday send out emails to potential buyers. contacted potential buyers at linked in 6 days ago and sold the domain yesterday and received the payment via paypal today.
  
  if u understand the domain game, u'll knw wht i mean
  
  Thanks
  
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sethczerepak 12 years ago

Originally Posted by Gene Pimentel

Congrats. Now go repeat it a thousand times :-)

...and then, create a wso with screen shots of your earnings.
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David Wolfman

12 years ago

Can you share the details/system, please?

Thanks

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davejug1

12 years ago

So this one paid off big, what about the other 1800 you are holding?

Good ROI though.

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pow999 12 years ago

Originally Posted by Chris Kent

Care to share your email template? Are you messaging via the LinkedIn system? Are you buying credits?

pm sent

Originally Posted by davejug1

So this one paid off big, what about the other 1800 you are holding?
Good ROI though.

developing 500 into mini sites and see how it goes
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daj 12 years ago

Originally Posted by davejug1

So this one paid off big, what about the other 1800 you are holding?

Exactly. Just because a domainer has 1800+ domains doesn't mean much if they can't sell enough each year to make a profit. Most domainers don't even break even.
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- pow999 12 years ago
  
  Originally Posted by daj
  
  Exactly. Just because a domainer has 1800+ domains doesn't mean much if they can't sell enough each year to make a profit. Most domainers don't even break even.
  
  yup. apart from parking revenue, still need to make abt $10k/yr to renew the names. parking has crashed from its peak. i still make about $15k/yr in profit which is not much, but i dont do this full time and get to keep the portfolio.
  
  Thanks
  
  1 reply
  
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  Lucy Writes 12 years ago
  
  That's awesome! Congratulations on your success. That shows the power of LinkedIn, I believe. It's something I'm just starting to explore, but I think LinkedIn is an untapped powerhouse for marketing, if you use it correctly.
  
  Thanks
  
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veheme

12 years ago

Congrats! Might help if you share some tips or observations.

Thanks

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tmoby

12 years ago

Wow! I never really thought about the domain game. This by it's self makes it worth while looking into!

Thanks
1 reply

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Lucy Writes 12 years ago

I've dabbled in domain selling, but haven't concentrated on it as my main business. Just a sideline thing I do once in a while. I've sold a handful for three figures. All were previously owned domains I got cheaply at auctions. I've never sold a hand reg'd domain for a decent price. And I haven't broken the four figure sale yet. That's got to be next on the agenda, the next time I go domaining. And I'll be using LinkedIn to do it, thanks to this thread.
- Thanks
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RySpencer

12 years ago

Thanks for sharing this.
I am not in the domain name games... but what is "hand register"?

Thanks
1 reply

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Lucy Writes 12 years ago

Originally Posted by RySpencer

Thanks for sharing this.
I am not in the domain name games... but what is "hand register"?

Not sure if someone answered this already. I didn't see an answer, but I may have missed it.

Hand register is when you register a brand new domain name that you came up with yourself, rather than buying an existing domain name that used to belong to someone else. With hand registering, you are the original owner (and usually creator) of that domain name.
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ubuildawebsite

12 years ago

AWESOME! This is something I've always wanted to get into, just never figured it out all the way. I know keywords are necessary in domains since the dotcom bust.

Thanks

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marcelomusza

12 years ago

Just a quickie question, is this still worth the time? I saw these past years that the competition of domain sales is getting quite strong, and now is somewhat hard to find a particular keyword that converts in a potential sale for an interested customer.
Regards!

Thanks

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stephenwaldo

12 years ago

Very nice! Great job! To be honest I didn't even think that there were still domains out there that could be that valuable, so that's good to hear that the Internet still has room to grow

I've bought a couple WSOs on the subject of domaining, but never actually put anything into practice. I may have to dig those out of my hard drive and give them a try now that I've actually heard of someone who successfully done it!

If you don't mind me asking, what would you say the ratio is of profitable domains to dead domains? Do the majority of them all sell eventually, or are there quite a few that will always just sit in your account?

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charlier

12 years ago

I will say if you look at some of the domain sites it is not only the domain name but the age as well. People want to build their own blog networks and is cheaper in the long run then say some of the monthlies, so the prices of aged domains has gone up.

Thanks
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pow999

12 years ago

Originally Posted by Lucy Writes

That's awesome! Congratulations on your success. That shows the power of LinkedIn, I believe. It's something I'm just starting to explore, but I think LinkedIn is an untapped powerhouse for marketing, if you use it correctly.

yup. I agree and i have had success here lately.

Originally Posted by tmoby

Wow! I never really thought about the domain game. This by it's self makes it worth while looking into!

Parking is dead. Keyword domains in the Geo space if targetted to potential buyers has done well for me.

Originally Posted by Lucy Writes

I've dabbled in domain selling, but haven't concentrated on it as my main business. Just a sideline thing I do once in a while. I've sold a handful for three figures. All were previously owned domains I got cheaply at auctions. I've never sold a hand reg'd domain for a decent price. And I haven't broken the four figure sale yet. That's got to be next on the agenda, the next time I go domaining. And I'll be using LinkedIn to do it, thanks to this thread.

I send out about 10-15 email/mesages on a daily basis to potential buyers and i keep my pricing moderate. i dont price my $8 hand reg domain at $5k or more which i see a lot of ppl do, i am even happy if i can make $500 of my $8 investment and flip more names.

Originally Posted by RySpencer

Thanks for sharing this.
I am not in the domain name games... but what is "hand register"?

hand register is you go to a domain registrar like godaddy, name cheap etc.. and type the name you are searching for and it is available and you register the name for $8 depending on the extension you choose.

Originally Posted by ubuildawebsite

AWESOME! This is something I've always wanted to get into, just never figured it out all the way. I know keywords are necessary in domains since the dotcom bust.

Yup. keywords and niche matter, unless you want to own a lot of names across various niche.

Originally Posted by marcelomusza

Just a quickie question, is this still worth the time? I saw these past years that the competition of domain sales is getting quite strong, and now is somewhat hard to find a particular keyword that converts in a potential sale for an interested customer.
Regards!

I do this part time and keep my pricing prudent to have more sales. I personally contact end users on a daily basis, both via emails and sometimes call and leave voice mails as well

keywords in the bank,finance,loan, real estate,medicine, diseases niche do well in sales.

Originally Posted by stephenwaldo

Very nice! Great job! To be honest I didn't even think that there were still domains out there that could be that valuable, so that's good to hear that the Internet still has room to grow

Infact there are many out there, need to do a little bit of research. YUP the internet has a LOT of room to grow

Thanks
1 reply

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tedw

12 years ago

Originally Posted by pow999

I send out about 10-15 email/mesages on a daily basis to potential buyers and i keep my pricing moderate. i dont price my $8 hand reg domain at $5k or more which i see a lot of ppl do, i am even happy if i can make $500 of my $8 investment and flip more names.

Excellent work! Even $500 for an $8 domain is a superduper ROI!

Would imagine repeat customers could become a real goldmine for you...if not already!

Can you say which suffixes have not worked so well for you?

Thanks

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Mosa

12 years ago

Great job with that. Keep up the good work and build your domaining empire

Thanks
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fluffythewondercat

12 years ago

I'm just surprised the OP used PayPal to settle a transaction of that size. It could come back to haunt him.

Most people use Escrow.com, which is safe.

fLufF
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J Bold

12 years ago

Originally Posted by fluffythewondercat

I'm just surprised the OP used PayPal to settle a transaction of that size. It could come back to haunt him.

Most people use Escrow.com, which is safe.

fLufF
--

You always seem to be looking on the bright side.

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fluffythewondercat

12 years ago

Originally Posted by redicelander

You always seem to be looking on the bright side.

http://www.warriorforum.com/main-int...ains-sale.html

http://www.warriorforum.com/main-int...what-next.html

There are a lot more examples of people warning not to use PayPal when you sell a domain, but two should suffice.

fLufF
--

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J Bold

12 years ago

Originally Posted by fluffythewondercat

http://www.warriorforum.com/main-int...ains-sale.html

http://www.warriorforum.com/main-int...what-next.html

There are a lot more examples of people warning not to use PayPal when you sell a domain, but two should suffice.

fLufF
--

I personally don't need any examples. I'm well, well aware. Read all about it numerous times.

Was just making a joke.

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sbucciarel

Banned 12 years ago

Originally Posted by pow999

yup the title says it all. hand reg a domain name for $8 and sold it for $1888.

geo domain related to the insurance industry. (keyword+insurance) dot com

Congrats ... nice sale.

Thanks
1 reply

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pow999

12 years ago

Originally Posted by fluffythewondercat

I'm just surprised the OP used PayPal to settle a transaction of that size. It could come back to haunt him.

Most people use Escrow.com, which is safe.

fLufF
--

This transaction is complete, payment received, name transferred. I dont see how it can come back to haunt him? In may be other transactions. It is up to the buyer what he is comfortable with. Escrow.com is safe, both ways

Originally Posted by sbucciarel

Congrats ... nice sale.

thanks

Combination of hard+smart work "PAYS"

Originally Posted by Mosa

Great job with that. Keep up the good work and build your domaining empire

Thanks. A long way to go. "KEEP WALKING"

Thanks
1 reply

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Mosa 12 years ago

Yea, paypal tends to protect the buyer more. I use escrow for anything over $1k
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aaaa33030

12 years ago

So the person who bought the domain for $1888, why couldn't they have thought of the (keyword+insurance) .com and register it for under $10 themselves?

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1 reply

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Gene Pimentel 12 years ago

Originally Posted by aaaa33030

So the person who bought the domain for $1888, why couldn't they have thought of the (keyword+insurance) .com and register it for under $10 themselves?

Because they didn't think of it.
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- Daniel Evans 12 years ago
  
  That's a nice return!
  
  Good job!
  
  Daniel
  
  Thanks
  
  1 reply
  
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  pow999 12 years ago
  
  Originally Posted by Gene Pimentel
  
  Because they didn't think of it.
  
  BANG ON
  
  Originally Posted by Daniel Evans
  
  That's a nice return!
  
  Good job!
  
  Daniel
  
  thanks. Was the 3rd sale of the month. Looking to close the month with a few more
  
  Thanks
  
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Global Warrior

12 years ago

There are times on this forum when it's an absolute joy to read a post. Well done. I used to do this in the "wild west" days and made a s******d of money registering and selling domains. Back then any .com had a MASSIVE value and valuations were based on a figure pulled out of thin air based on the valuation of bank.com which I believe sold for 7 million so if a company wanted a .com that you owned, you would ask them why, vet them, see what they could pay and ask for $50,000 or $270,000 or whatever.

The figure was based on research.......... The more research you did, the more you knew they could pay and the more money your domain was worth. It really was the wild west days. Today I don't do it anymore....opportunities are limited somewhat by the fact that most desirable domains are gone and most buyers feel they are bidding on lower value domains due to the fact that desirable ones have gone.

There are opportunities, however, by surrounding your keywords with others........take a leaf out of hollywoods book. They promote a movie by adding the word movie on the end of a domain....... So now you can add:

Supermarket
Bazaar
Website
factory

Etc etc on to the end of a desirable keyword and buy it. if you buy a domain that's a brand name however....expect to attract attention of the unwanted kind.

Anyway. Good luck

GW

Thanks
1 reply

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pow999

12 years ago

Originally Posted by Global Warrior

There are times on this forum when it's an absolute joy to read a post. Well done. I used to do this in the "wild west" days and made a s******d of money registering and selling domains. Back then any .com had a MASSIVE value and valuations were based on a figure pulled out of thin air based on the valuation of bank.com which I believe sold for 7 million so if a company wanted a .com that you owned, you would ask them why, vet them, see what they could pay and ask for $50,000 or $270,000 or whatever.

The figure was based on research.......... The more research you did, the more you knew they could pay and the more money your domain was worth. It really was the wild west days. Today I don't do it anymore....opportunities are limited somewhat by the fact that most desirable domains are gone and most buyers feel they are bidding on lower value domains due to the fact that desirable ones have gone.

There are opportunities, however, by surrounding your keywords with others........take a leaf out of hollywoods book. They promote a movie by adding the word movie on the end of a domain....... So now you can add:

Supermarket
Bazaar
Website
factory

Etc etc on to the end of a desirable keyword and buy it. if you buy a domain that's a brand name however....expect to attract attention of the unwanted kind.

Anyway. Good luck

GW

The good old days are behind us and so is parking. Geo domains have been selling well for me ofcourse prudently priced. Not asking $5k for a domain i reg at $8

Thanks

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wiljep

12 years ago

Hi pow999

this is something really exciting to read, and am very curious to know in detail about this domain game. Please contact me via skype: jamesmgr

Can I get into this game along with you, like in a JV or a partner sort.

Thanks

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Krisz Rokk

12 years ago

Awesome, Congratulations! Never thought the domain game had such benefits. Keep up the good work.

Thanks

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Gene Pimentel

12 years ago

The ONLY time I use PayPal to accept payment for a domain name is when I know the buyer and/or have reason to trust them. Otherwise, escrow.com is the way to go. They have a special service for domain names. They are fast, reliable and reasonably priced.

[ 7 ] Thanks
1 reply

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pow999

12 years ago

Originally Posted by Gene Pimentel

The ONLY time I use PayPal to accept payment for a domain name is when I know the buyer and/or have reason to trust them. Otherwise, escrow.com is the way to go. They have a special service for domain names. They are fast, reliable and reasonably priced.

Yup I wld agree. In this case the buyer did not negotiate at all and paid the asking price.

PS: sent him 4 more insurance names at 999 each

Thanks

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Davon

12 years ago

Wow nice job, congrats...

Thanks

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Deepak Media

12 years ago

You got lucky.

Unfortunately, this cannot be repeated over and over again. I have and had a few premium domain names. Not in the game anymore.

Thanks
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Gene Pimentel 12 years ago

Originally Posted by Deepak Media

You got lucky.

Unfortunately, this cannot be repeated over and over again. I have and had a few premium domain names. Not in the game anymore.

Thank God nobody told ME about that. I've been doing it for years, every day, and it's better than ever.
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Fking

12 years ago

I like your approach with linkedin!

Thanks

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Simon Ashari

12 years ago

@OP

Hope you do well selling the other 1800 domains.

Thanks

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Adgo57

12 years ago

Lucky Guys ! I'm jalous

Thanks
2 replies

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Gene Pimentel

12 years ago

Originally Posted by Adgo57

Lucky Guys ! I'm jalous

It has nothing to do with luck. Learn. Burn. Earn.

Thanks
1 reply

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LilBlackDress

12 years ago

This is exciting.

But is it allowed by Linkedin? The TOS says you may not;

"Sell, sponsor, or otherwise monetize a LinkedIn Group or any other service or functionality of LinkedIn, without the express written permission of LinkedIn."

So just wondering if this could be an issue if someone reports your messages offering the sale of goods.

Or is it common to use Linkedin for these types of things?

Thanks
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KabirC

12 years ago

Originally Posted by LilBlackDress

This is exciting.

But is it allowed by Linkedin? The TOS says you may not;

"Sell, sponsor, or otherwise monetize a LinkedIn Group or any other service or functionality of LinkedIn, without the express written permission of LinkedIn."

So just wondering if this could be an issue if someone reports your messages offering the sale of goods.

Or is it common to use Linkedin for these types of things?

It wasn't a group he contacted people from, it was his connections.

Thanks
1 reply

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salegurus 12 years ago

Originally Posted by KabirC

It wasn't a group he contacted people from, it was his connections.

Where did he say that?
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cashp0wer 12 years ago

Great job on this investment! You did wonderful with this. Keep going and you can make more and more!
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AAManager

12 years ago

Originally Posted by pow999

yup the title says it all. hand reg a domain name for $8 and sold it for $1888.

geo domain related to the insurance industry. (keyword+insurance) dot com

Just wondering..are you allowed to sell a domain only registered for 1 year and not bought?

Thanks
1 reply

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fluffythewondercat 12 years ago

Just wondering..are you allowed to sell a domain only registered for 1 year and not bought?

What?

fLufF
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achukuttan

12 years ago

Well
This thread made me think about a lot, Actually I have a different story..

I spend $$$ in domains, but didnt get any sell till now. I am a usual reader of this link, Solid Week for Domain Sales With Enough Notable Sales to Fill TWO Top 20 Charts (its my favourite)

This was what forced me to invest in domain biz, but oh I didnt need to make a sad story again here, by telling how I failed...

Anyway OP, great work and hope you are making a good income with it.

But the thing I found here different from other domain selling techniques is the LINKEDIN...How did you do that...is it through groups??

DO we need to become some power member or something in linkedin for this...Do you have a normal account and how we can find great buyers through linkedin...
I didnt know whether you answer or not...(coz its your money side now, usually no one does)

But, anyway i am really feeling proud, not coz of me, one also made some good money with the domain....

Note : I also had some insurance domains, if anyone interested in JV's let me know
Thanks
Achu

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khanhkunt

12 years ago

a business method so great, congrat for u

Thanks

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$8 investment cashed out $1888 in 43 days

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