41 {{ upvoteCount | shortNum }}
41 {{ upvoteCount | shortNum }}

How much can I demand for this Domain?

by G3
32 replies
I bought the domain thecognizance.com from Godaddy for $10. I am new to domain flipping and I don't have a clear idea on appraisals. Can anyone please let me know how much could I get for these details.

The Cognizance - thecognizance.com
Registered 2014

Please note these similar names like

The Guardian
The Independent
The Register
#demand #domain
  • Profile picture of the author joseph7384
    To me it would be worth exactly what you paid for it, $10.
    Signature
    {{ DiscussionBoard.errors[9619129].message }}
  • Profile picture of the author msabihj
    The right question should be where I can find people who will be interested in the said domain name.

    Once you will find someone who is interested in the domain name that you have, you can earn a lot. It is all about finding the right audience that's actually in need of this and only this domain name.

    Otherwise, someone like me will not going to buy your domain even for $5 just because I don't need it.
    Signature
    guy from the next planet
    {{ DiscussionBoard.errors[9619137].message }}
  • Profile picture of the author Cleberl1
    I don't think you can ask any high price unless that you find someone that really needs this domain name.
    Signature
    How to Create Profitable Business Online: The Ultimate Guide
    {{ DiscussionBoard.errors[9619146].message }}
  • Profile picture of the author Tsnyder
    Originally Posted by G3 View Post

    I bought the domain thecognizance.com from Godaddy for $10. I am new to domain flipping and I don't have a clear idea on appraisals. Can anyone please let me know how much could I get for these details.

    The Cognizance - thecognizance.com
    Registered 2014

    Please note these similar names like

    The Guardian
    The Independent
    The Register
    Is there some significance to this name that leads you to
    believe it might be worth more than the 10 bucks you paid?

    As for the other names listed the only similarity I see is the word The...
    Signature
    If you knew what I know you'd be doing what I do...
    {{ DiscussionBoard.errors[9620380].message }}
    • Profile picture of the author savidge4
      Personally, I think its a rather cool URL. I would suggest developing it a bit, and you could seriously make something of it.

      And for some of you... "Cognizance" is actually a word in the English language.... meaning - Knowledge, notice, or awareness.

      Would make a GREAT IM Brand. Ill buy it for $30!!!!
      Signature
      Success is an ACT not an idea
      {{ DiscussionBoard.errors[9620402].message }}
  • Profile picture of the author bsurb
    These days domain flipping isn't as big anymore. Unless the domain is a few characters long or if its getting monthly traffic, its not worth anything...

    Sure, people still make good money flipping domains but its quite hard now. Your best bet is to set up a blog and get some traffic flowing.
    Signature
    Ocala Screen Printing
    {{ DiscussionBoard.errors[9620400].message }}
  • Profile picture of the author JagSEO
    I think it will worth a lot to someone in the media industry, just try to offer it to media outlets email them.
    Signature
    Hooked To Success -Personal development For People Who Wants Success.
    {{ DiscussionBoard.errors[9620421].message }}
    • Profile picture of the author salegurus
      OP... You can demand what you want but you aint gonna get squat...
      We have all made mistakes in the beginning, thinking that we fell upon a spectacular domain name. Only to realize it's worth nothing....




      Originally Posted by JagSEO View Post

      I think it will worth a lot to someone in the media industry, just try to offer it to media outlets email them.

      I also got a great domain EProteinBar.com it is an Energy Protein Bar for those business in protein bar.

      ProteinBar.com right now is selling for $250,000 and
      TheProteinBar.com is in Inc. 5000 number 200 having a sales of 14.2 Million Dollar Last Year.

      So I believe I've got the nice domain also. By the way it is for sale see in my signature.
      Complete horse bollocks...
      PS. You can not post gibberish just to advertise your sig....
      Signature
      Think of how stupid the average person is, and realize half of them are stupider than that.

      ― George Carlin
      {{ DiscussionBoard.errors[9620444].message }}
      • Profile picture of the author Alexa Smith
        Banned
        Originally Posted by G3 View Post

        I bought the domain thecognizance.com from Godaddy for $10.
        Please excuse the observation that that was $10 more than I'd have paid for it, myself.

        If you want to learn the basics of "domaining" (which - contrary to what some people are saying above, can be an extremely successful and profitable business), getting yourself on this mailing-list will be a good place to start (and it's free): http://domainprofitsacademy.com/subscribe

        Originally Posted by salegurus View Post

        PS. You can not post gibberish just to advertise your sig....
        How I wish that were true!

        I'm afraid that at the moment, not only can they post complete gibberish, just to advertise their sigs, but others can also post complete gibberish without even having a sig, just because they're "building up a profile post-count" to try to get it up to about 50 posts and then sell the profile elsewhere to cookie-stuffers and spammers who have previously been banned here, under another names. It's a whole industry. (And looks like there's one of those in this thread, too).

        (Just in case anyone's wondering why there's so much ridiculous nonsense here, at the moment).

        .
        {{ DiscussionBoard.errors[9620831].message }}
        • Profile picture of the author miklanderson2
          Originally Posted by Alexa Smith View Post


          I'm afraid that at the moment, not only can they post complete gibberish, just to advertise their sigs, but others can also post complete gibberish without even having a sig, just because they're "building up a profile post-count" to try to get it up to about 50 posts and then sell the profile elsewhere to cookie-stuffers and spammers who have previously been banned here, under another names. It's a whole industry. (And looks like there's one of those in this thread, too).

          (Just in case anyone's wondering why there's so much ridiculous nonsense here, at the moment).

          .
          That explains a lot. There's always been a small group of people giving out bad advice here, but there seems to be a heck of a lot of people of late who are posting complete nonsense on almost every thread. I was wondering what they had to gain from it...Now it makes perfect sense. Thanks...
          Signature

          "A bargain is something you don’t need at a price you can’t resist."
          -Franklin Jones

          {{ DiscussionBoard.errors[9620846].message }}
          • Profile picture of the author Alexa Smith
            Banned
            Originally Posted by miklanderson2 View Post

            there seems to be a heck of a lot of people of late who are posting complete nonsense on almost every thread.
            There are. They often read the title but not the thread, and sometimes evidently not even the OP! I think it's very difficult for the moderators, especially as some of these pure nonsense-posters are not overtly breaking any forum rules: there's no "quality-control" rule, for posting here (probably rightly, frustrating though it can be). But you can see when people are "just building up a post-count" and sure enough, sometimes, when they get to 50-ish posts, a bit of cookie-stuffing or whatever starts appearing.

            And you can see "Warrior Forum profiles with 50+ posts" advertised for sale on Black Hat forums.

            It all adds up.

            (I think the cookie-stuffing, if/when it happens, is actually far easier for the moderators to identify and remove, anyway. )

            It's just a great shame that a comparatively small number of these people (maybe even one little business with multiple profiles here?) can bugger up the forum for everyone else, and drive so many "real members" away because of a perceived decline in "quality of information". What can you do?

            (Absolutely no aspersions cast at this thread's OP, of course: I'm not for a moment suggesting that he falls into this group!!).

            .
            {{ DiscussionBoard.errors[9620859].message }}
  • Profile picture of the author aishaaiyana
    Actually it is a new domain, so this rate is not high.
    Signature

    Happy mood

    {{ DiscussionBoard.errors[9620591].message }}
  • Profile picture of the author Adie
    This is not domain a appraisal forum so you can't expect someone to pay thousands of dollars because you feel that the domain is valuable... to you.
    Signature



    Moderator's Note: You're only allowed to put your own products or sites in your signature.

    Signature edited.
    {{ DiscussionBoard.errors[9620731].message }}
  • Profile picture of the author HelpingYouBeAnExpert
    Originally Posted by G3 View Post

    I bought the domain thecognizance.com from Godaddy for $10. I am new to domain flipping and I don't have a clear idea on appraisals. Can anyone please let me know how much could I get for these details.

    The Cognizance - thecognizance.com
    Registered 2014

    Please note these similar names like

    The Guardian
    The Independent
    The Register
    How much can you demand you ask? Well you can demand whatever you want, but i'm not sure how much people will pay you. There are so many ways not to get a good domain it's hard to find people willing to pay you off.
    Signature

    Join Next Live Mastermind Zoominar 100% Real World Secrets to Get Up And Running. Are you Stuck? Don’t miss it www.MonthlyMastermind.org
    {{ DiscussionBoard.errors[9621166].message }}
  • Profile picture of the author Luke Dennison
    I think instead of trying to find domains that may be valuable, you should hunt for domains that will be valuable.

    When I first found out about Google Glasses, I found out the technology behind it all (augmented reality) and tried to buy augmentedreality,com.

    To my suprise, Godaddy said it was available, so I went to buy it. Someone had got there first and it would have cost me over $100k
    Signature
    {{ DiscussionBoard.errors[9621191].message }}
  • Profile picture of the author Tom Addams
    Well...

    A domain is worth what someone is willing to pay for it.

    But - in an effort to be less vague here - I would say that you're in for a hard flip. You'll be lucky to sell.

    What you need to do is learn the ins-and-outs of domain flipping.

    But at least you took action!

    GRM
    Signature

    I Coach: Learn More | My Latest WF Thread: Dead Domains/ Passive Traffic

    {{ DiscussionBoard.errors[9621223].message }}
    • Profile picture of the author RSK3000
      In my opinion its not worth much. IMHO if someone on here wants to give you $30, then I would take it.
      Signature

      Blog Post: Why You Need Multiple Streams Of Income, NOW!
      For more internet marketing hints and tips follow me on Twitter - @TheIncomeSherpa

      {{ DiscussionBoard.errors[9621241].message }}
      • Profile picture of the author Steve B
        G3,

        If you try to flip the domain at the usual online places, you're going to find very little interest because most of the people looking to buy domains won't even know what the word "cognizance" means. How is that term going to help them in setting up a web site. Remember, the best website names are those that are easy to spell, memorable and relevant.

        Most people, if you asked them, would spell the name wrong and that's not what you want for a domain.

        Since the term has special meaning in the legal profession, I would maybe put out a few feelers in that arena just to see if you get any interest.

        Bottom line . . . as others have said . . . you can demand a high price if you want, but I think you're stuck with a name that meets none of the criteria most people would agree are important in choosing a domain name.

        Good luck to you,

        Steve
        Signature

        Steve Browne, online business strategies, tips, guidance, and resources
        SteveBrowneDirect

        {{ DiscussionBoard.errors[9621284].message }}
        • Profile picture of the author savidge4
          Originally Posted by Steve B View Post

          G3,

          If you try to flip the domain at the usual online places, you're going to find very little interest because most of the people looking to buy domains won't even know what the word "cognizance" means. How is that term going to help them in setting up a web site. Remember, the best website names are those that are easy to spell, memorable and relevant.

          Most people, if you asked them, would spell the name wrong and that's not what you want for a domain.

          Since the term has special meaning in the legal profession, I would maybe put out a few feelers in that arena just to see if you get any interest.

          Bottom line . . . as others have said . . . you can demand a high price if you want, but I think you're stuck with a name that meets none of the criteria most people would agree are important in choosing a domain name.

          Good luck to you,

          Steve
          All the points you are making is what makes it of interest to me, I see the value in separating demographics by education, higher the level of earning the more potential for money to "take".

          Something like "Foshizzle.com" may be memorable, but is that a domain you can trust? thecognizance.com on the other hand... Is straight up pinky out while sipping tea type stuff.

          I seriously will gladly pay $30.00 for that.
          Signature
          Success is an ACT not an idea
          {{ DiscussionBoard.errors[9621565].message }}
          • Profile picture of the author sbucciarel
            Banned
            Originally Posted by savidge4 View Post

            Something like "Foshizzle.com" may be memorable...
            I'd take foshizzle.com any day. I love brandable domains that you can do very interesting things with.
            {{ DiscussionBoard.errors[9621617].message }}
            • Profile picture of the author Alexa Smith
              Banned
              Absolutely!

              foshizzle.com is a domain-name I'd love to buy (but not at its likely current price, unfortunately, according to who owns it now and what sort of money they'd probably want for it ).
              {{ DiscussionBoard.errors[9621635].message }}
  • Profile picture of the author sbucciarel
    Banned
    What it boils down to is that you can't demand anything for any domain. Well, you can, but it won't do much good. That particular domain would be hard to dump at any price, but let's say it was a good one. It's up to you to find buyers who might be interested in your domain name. They don't just come.

    I know you're new to domaining, and I bought hundreds of dollars worth of useless domains when I started too. A domain name needs to have commercial value for people to be really interested in them. There needs to be a clear way for people to make money on them. Look up Gene Pimentel. He has a couple courses on domaining. It would be well worth the money.
    {{ DiscussionBoard.errors[9621236].message }}
  • Profile picture of the author Gene Pimentel
    I would not have paid the registration cost on this. First, the word "Cognizance" is not a common word recognized by the general population. Most will have a difficult time remembering the name, or how to spell it. Second, adding the word "the" kills the value tremendously, unless it is absolutely needed.
    {{ DiscussionBoard.errors[9621607].message }}
  • Profile picture of the author SuperKC
    Technically its worth less, about $6.. because $10 was the retail value lol
    Signature

    If you like my posts please leave a thanks and message me if you wish for me to follow up with your thread. I enjoy engaging with entrepreneurs and ALWAYS willing to take the time to offer solid answers that you can take to the bank. Internet marketing has made me rich over the last +20 years and this is how I give back to the community for all of those evil popunders I used to sling in the 90s.

    {{ DiscussionBoard.errors[9621710].message }}
  • Profile picture of the author AceOfShirts
    Another thing you should do before you buy a domain is look for a GoDaddy coupon. You could have gotten the domain for $1 or $2 with a coupon. Almost doubles the profit if you end up selling it for $20.
    Signature
    {{ DiscussionBoard.errors[9621766].message }}
  • Profile picture of the author FreedomBlogger
    I have tried the domain flipping game for a while .... I didn't really succeed with it but that was because I didn't want to keep learning it.

    The domain you got is not really worth much. Just take a look at the Alexa Rankings and that should tell you a lot....

    thecognizance.com Site Overview

    It just looks like a brand new domain name! ...

    So you would need to build it up and maybe get it to a Page Rank 1 or 2 to sell it for a good price. It is a process and it takes time.

    I hope this helps!

    I wish you the best of the best!

    Cheers!
    Signature
    At the beginning, I thought making money online with a blog was super super hard. Not anymore. Learn the art of making money online blogging - step by step - HERE.
    {{ DiscussionBoard.errors[9621842].message }}
  • Profile picture of the author SuperKC
    I make $100-200k a year from domain flipping as one of my companies but you can't just buy a sell domains.. there is a process between is that brings the magic, and profitability, to the formula. If you need some guidance on how to flip domains and actually turn sales Im glad to spare a 10-20 phone call with ya, maybe it will help ya.
    Signature

    If you like my posts please leave a thanks and message me if you wish for me to follow up with your thread. I enjoy engaging with entrepreneurs and ALWAYS willing to take the time to offer solid answers that you can take to the bank. Internet marketing has made me rich over the last +20 years and this is how I give back to the community for all of those evil popunders I used to sling in the 90s.

    {{ DiscussionBoard.errors[9622054].message }}
    • Profile picture of the author SECfan
      Hi, Im new to domaining as well, and I guess like most other newbies im ecited about my domain names as well. I was just wondering how do i go about finding clients. I see all these places that suggest using keyword finders and just contact the users looking for specific keywords, but where do I begin with that. I own vacaters.com, but with all the places like kyak and tripadvisory who else would want a domain name about vacation planning, even tho millions search for vacations online everyday.
      {{ DiscussionBoard.errors[9659982].message }}
  • Profile picture of the author cpaonfire
    1) CREATE UNIQUE CONTENT FIRST!
    2) Start driving traffic to it. PPC, Paid, Social PPC
    3) Monetize it with AdSense
    4) Makes revenue from it for a few months
    5) List it on Flippa
    {{ DiscussionBoard.errors[9622101].message }}
    • Profile picture of the author suggs
      To me the domain is worth $0.00 however that doesn't mean thats the true value of the domain.

      A domain name is worth exactly what someone is willing to pay for it, not a penny more not a penny less!

      Just because domain A sold for xxx,xxx doesn't mean domain B will sell for similar. While you don't have a clear price in mind, you should post it in the make offer sections on forums and wait to see if anyone takes you up on it, but bare in mind sometimes it can be years before an end user will come along and want to buy your domain and there are portfolio holders that's been sitting on domains for years before a sale is made.

      Good luck with selling it though.
      {{ DiscussionBoard.errors[9622713].message }}

Trending Topics