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My first domain name sale, was it a fluke?

by joyfulwraps
6 replies
I have purchased a few domain selling products and read them, did some research and then just last Friday I enjoyed my first domain sale.

The funny part is that all I did was:

1. It was a domain I had for about one year that had a website with content. I took off the content as I wanted to keep all the hard work for my future use. I put on the site info about the domain being for sale.

2. I put into my signature file for forums the fact that the domain was a great one for writers and that it was for sale. I then posted in this forum and a writer forum I belong to like I would normally do.

3. Several weeks later someone contacted me via email about the domain name and after asking a question about my clients for that domain she made an offer. I refused to sell her my client list but did tell her I would introduce her to my list as the new domain owner.

4. I paid below $9 for the domain at Godaddy because I used a coupon code (not sure of the exact amount) and sold it for $150.00

I consider this a successful sale because:

1. I did not have to put much effort into the sale in terms of time or activity.

2. I made a profit on the domain.

3. I know the buyer has a passion for the topic just like I did and that the domain is in good hands and she is happy with her purchase.

Was it a fluke that I sold the domain without having to use Sedo.com or Godaddy auctions? Obviously I would rather sell domains without having to part with any portion of the profits, but someone recently pointed out that if she is NOT happy, she can ask for a refund through Paypal so I should have gone through a broker to prevent a chargeback from occuring.

I would like to think that it was not a fluke or luck but good marketing and a very good domain name that made my first attempt at selling a domain name a successful one.

Can I repeat the process?

Are there things I would do differently?

I am sure there are veteran warriors in the domaining field who will jump in and give there input (or at least I hope they will).
#domain #fluke #sale
  • Profile picture of the author War_Guy
    Way to go! This sounds like a reasonable sale. Putting in all that hard work is a huge plus, now you can put it on another website and get the traffic from it again and build up the new domain. I'm sure next week some one will make this an ebook and put it on DP.

    Congrats!
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    • Profile picture of the author davidjames42973
      Sounds good to me. When I first started out, I was really interested in selling domains. I bought some horrible domains and then didn't know how to sell them. I pretty much gave up. One day I checked my email and saw that somebody emailed me about my domains and wanted to buy them. I gave them 3 domains for a total of $90. Honestly, if I never made that sale, I'm not sure if I would of pursued making money online.

      Way to go on your sale! If you're interested in buying and selling domains, there is another forum that deals strictly with domain sales. PM me and I'll give you the url for that forum...
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  • Profile picture of the author Louise Green
    Hey congrats!

    I don't think it's a fluke, and lots of folks are making mega bucks from this method.. I think you can repeat this for sure.. you've got a winning formula, and if it fails (which I doubt) you've only lost $9 and a few hours work.

    Keep going!
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    IMPORTANT MESSAGE: I'm currently on vacation & will answer all messages when I return - Happy Holidays!!
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  • Profile picture of the author Gene Pimentel
    Not a fluke at all... many people do this on a daily basis. I received offers from three different people this week for 3 different domains... but that's because I have many.

    When you have a domain that you aren't using for anything in particular and want to sell it, your best bet is to use a parking service (like Parked.com) and be sure to put a "this domain may be for sale" message on it. People looking for specific domains will type it into their browser, and find you to make an offer.

    "Can I repeat the process?"

    Absolutely! The key is registering the type of domain names that people are hungry for. Go to Sedo and Afternic and other listing sites and look at the domains that have sold. Use the Google Keyword Tool to find two-word phrases that have a lot of searches, and register those that are available as domains. If the term is getting a lot of searches, the domain will typically pay for itself (plus profit) from merely parking the domain. The bonus is when someone visits your parked page and makes you an offer
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  • Profile picture of the author mark z
    That is amazing just for selling a domain name! Never knew that selling just a domain could be that effective.

    I personally would never flip on domain names alone, but it's just interesting to hear that others are having success with it. It goes to show you that money can be made in a lot of different ways.
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  • Profile picture of the author willdean
    Hi there,

    Domain flipping can be very profitable no doubt. If you have time to just research domain names in good hot markets until you find some good names that are available, they will be easy to sell for a profit. Many people have no imagination for ways to come up with good domain names. I am almost always amazed at the great names I am able to find available.

    Keep up the great work and you will profit.

    William Dean
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