Domain Flipping Dead

Domain name flipping is indeed "dead" to most people, on the contrary its a new market indeed to people who know how to build PR on a domain and make it creative based on key word searches... that is were the money is... I have done a few flips and did well.

Yeah it is pretty much dead for the most part..The least business opportunity I would get into at least.

(Now watch someone getting butthurt, and showing me the article where someone makes millions out off domain flipping. Just watch!)

When people say a market is "dead," they usually mean "you actually have to work and know what you're doing."

New business models go through a short period where any idiot can rape and pillage them for big money, simply because there aren't many people doing it at all. Over time, the smart people show up, and it gets harder. The more money there actually is in it, the more smart people arrive. And they rapidly destroy the ability of any idiot to make big money doing it.

You can still make good money flipping domains. It just isn't as easy as it used to be. It's a real business, and you need to run it like one. Considering you can get started in for under $15, it's definitely worth pursuing IF you actually want to learn the business and get good at it.

Which I myself don't, so I leave it to others.

It is only 'dead' if you are trying to use the old methods of making money on domains. If you were to approach it like a real businesserson would, it is stronger than ever. Let's put it this way, the appreciation for pure domsins is higher than real estate in many cases. There is more to this game than flippling weak EMDs to newbs.

I have also seen a lot of "scams" on flippa. How this happens, well, think about you having a website that makes 2000k a month, or 200$ a month.

a) would you sell that website for 10x revenue, when there is "no work involved" and the traffic source is substantial ?
b) what reason can you find for selling your domain for 10x what it makes a month ?
- the last month ( or 3 months ) payments was a spike and you can't hold onto the profits for long
- you rely on an unsecure traffic source ( usually only on e) and you think that there is a chance that it will go away
- it is hard to attract traffic from multiple venues
- it is hard to promote it
- you sell something that is not worth and face a lot of refunds
- you grab the money offering lifetime support and you want to get rid of the work.


Most auctions on flippa have something to hide. I have seen flippers who have a bunch of websites with good pr. They buy a new domain, point all the links to there, get some 4-5 pr, maybe some traffic from search engines. After the sale, all the links are gone. I have seen many flippers who drive automated or brought traffic to the site, and they say that "you have to continue to write articles and promote the website, this is why your traffic dropped". Just have a look in the "feedback" received by those flippers.

I know that this is "smart", but it should be also illegal. What this have to do with the discussion ? A business build on scamming will go down. Maybe there will be few flippers who are so smart so they won't get caught, but I wouldn't get into a business where the profits is made on fooling people.

As Caliban mentions above, that normally means only that you shouldn't expect to make easy money from something without having the requisite education and skills.

I do - not as my main business, just a little sideline. I've sold nearly 200 domain-names over the last four and a half years. As I've gained experience, I've developed a low-key, low-risk (and fairly low-profit!) way of doing it that suits me. I certainly don't make a living from it, the way I do it, but it might be scalable when I employ a VA to do some of the promotional labor for me.

If you have the appropriate education and skills, then why not? (If you don't, then just as for anything else in internet marketing, obviously not!).

If by any chance you're actually asking about how to acquire the necessary education and skills, this is a good starting-point: http://domainprofitsacademy.com/subscribe (Gene Pimentel is the person whose advice, on these subjects, you should value, respect and acquire. Might as well "start at the top".)

It always amazes me to watch the waterfall of "me too" comments made on threads like these.

Domain flipping is more profitable than ever for me. I register freely available domains every day and flip them for hundreds each. It is NOT hard. It DOES take some knowledge and understanding of the market.

Some of my recent sales (ALL were freely available to register for $10):
CustomCube.com $1,000.00
VintageGoldWatches.com $790.00
DiamondWish.com $2,725.00
CubeStuff.com $590.00
LightAlert.com $2,900.00
Quibler.com $790.00
WoofTalk.com $1,250.00
FishingJoy.com $2,295.00

There are MANY people flipping domains for huge profits. Anyone can do it, as long as you're willing to invest time and effort into learning.

I recommend spending tome at NamePros.com and DNforum.com to learn about the industry.

Have a look at http://dnjournal.com/domainsales.htm to get an idea of what domain names are selling for on a regular basis.

No, Martha, domain flipping is certainly not dead by any stretch of the imagination. Anyone who says it is, has absolutely no clue and are just playing the "me too" game.

Read this thread http://www.warriorforum.com/main-int...eady-gone.html

A friend of mine has done OK, but even with his help I had no luck trying it. So much seems to depend on the luck of landing a good name. Lot's of names sound good until you put in on the market and then realize no one else agrees. I have seen a few other people do well with domain flipping, but they buy an sell a lot of names, so for them it's more of a numbers game.

not dead. just not as easy as it was before

I don't know if dead is the right word but rather "domain flipping" is going through some changes I would say since the EMD update

Gene let's clarify. When you say domain flipping you mean buying a domain AND building a website around it right? You aren't just talking about buying a domain and selling it like the old days. I THINK that is what the OP meant by saying it is dead, and, I am assuming he was using that definition of domain flipping.

Anyone who sez all the good domains are gone is wrong, wrong, wrong. Last month I bought a small handful of domains testing out a theory. There is a website called domainestimator(dot)com. I checked my brand new domains on their valuation device. I am now the proud owner of websites worth over $2m, according to their device. The only problem is that they are brand new undeveloped domains and no one has nibbled so far when I placed a couple of them on sedo. So much for the difference between theory and reality.

ppls say its dead because they don't know how to do it

So Gene Pimentel Should I Pick up your WSO Easy Domain Cash?

Heck, I don't think it is dead, you just need to know how to work the industry and it's consumers

Thanks for the information. Yeah I'm busy enough with other stuff so not planning on learning all about domain flipping but I'll maybe list them on one of the sites and see if anyone bites. Cheers.

Gene Pimentel I guess that's a yes so even though its from 2010?

So I live ing the caribbean Gene Pimentel wil it still work?

Yes. Your location doesn't matter.

I dont see how domain flipping ever worked... unless it was a real special domain.. buying it one day and selling it the next day surely never worked well.

Gene also are there any recommendation for a beginning domain flipper?

Domain flipping is alive and well. You need to know a few key things to before you start buying and selling.

- Know how to value a domain name. Generally, words and short domains like ABCD.com are valuable to end users. An end users buys a domain to sell his/her product or service. Only buy domains that other people can make money with.

- Stick to .COM and CCtlds. Dot coms and .co.uk tend to be the most valuable because people have money to spend on them.

- Search through Expired domains. Just Google "buy expired domains" to find a bunch of useful tools. Previous owners let them drop and they often have backlinks and high Google PR. You can park them or rebuild the website and flip them for cash.

- Contact potential buyers via e-mail or phone. Type your domain keywords into Google and search Pages 2 through 5 for potential buyers. A website owner ALWAYS wants to rank in page 1 for Google, and explain to them how owning your domain can help. If your domain already has Page 1 ranking, this increases the value a TON!

- When negotiating, be patient and strong. There's a ton of deals that start out at $50 and close around $10k. Remember that you own the domain and you are the only person in the world who owns it. If the buyer wants your domain, then they have to pay your price.

Also these websites that have plenty of information on flipping domains:

http://www.howtoselladomain.com

DomainSherpa: The Domain Name Authority

Welcome to DNF.com

Domaining and Domain Investing | Building Brands With Domains

NamePros - The World's #1 Leading community for domain name owners.

Spend a few hours doing research first so you know the difference between a domain worth $50k and a domain worth $50. It will save you time and headaches in the future.

Have any of you guys read through Zach Booker's Domain Scalping? If so what do you guys think about it? Have You Gene?

Its not dead its just a lot more difficult than it was a few years back.

Just read up on some advice on Flipping and put together a strategy. Build up a buyers list and upsell thats key!

Hope this helps and good luck with your venture

Perhaps this is true for you, but certainly not true for anyone who treats it like the business it is.

When a niche is said to be "saturated", that means there is a lot of money flowing through it. The weightloss market is one of the most saturated niches in existence, yet people who market properly make a killing. The same holds true for domaining.

There definitely are evergreen methods when it comes to domain flipping. I have been doing this full time for 9 years and the best methods I use have not changed. You didn't mention which "book" you were referring to though.

@skibbz depending on the domain... I got killed with a auction on Flippa that sold for a whopping $1... That's right folks... but today I just did one for $805. Not bad

I also trying to figured out how to do this 10 times per month.