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Build the site or flip the domain name?

by Anomaly1974
6 replies
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
#build #domain #domain names #flip #site #site flipping #website promotions
  • Profile picture of the author TristanPerry
    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.
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    • Profile picture of the author Anomaly1974
      PM Sent

      Thanks,

      Ward
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      “They did not know it was impossible so they did it”
      -Samuel Clemens" (As Mark Twain)

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  • Profile picture of the author 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.
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    • Profile picture of the author Anomaly1974
      Originally Posted by Darth Executor View Post

      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
      Signature

      “They did not know it was impossible so they did it”
      -Samuel Clemens" (As Mark Twain)

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      • Profile picture of the author textbox
        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.
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  • Profile picture of the author TheRealDomainer
    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.
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