$8 investment cashed out $1888 in 43 days

by pow999
59 replies
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
#$1888 #cashed #days #investment
  • Profile picture of the author Gene Pimentel
    Congrats. Now go repeat it a thousand times :-)
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    • Profile picture of the author J Bold
      Originally Posted by Gene Pimentel View Post

      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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      • Profile picture of the author azmanar
        Originally Posted by J Bold View Post

        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.
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    • Profile picture of the author pow999
      Originally Posted by Gene Pimentel View Post

      Congrats. Now go repeat it a thousand times :-)
      yup. working on it luv the domain game.
      Originally Posted by David Wolfman View Post

      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 View Post

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

      yup i would agree
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      • Profile picture of the author David Wolfman
        Originally Posted by pow999 View Post

        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?
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        • Profile picture of the author pow999
          Originally Posted by David Wolfman View Post

          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
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    • Profile picture of the author sethczerepak
      Originally Posted by Gene Pimentel View Post

      Congrats. Now go repeat it a thousand times :-)
      ...and then, create a wso with screen shots of your earnings.
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  • Profile picture of the author David Wolfman
    Can you share the details/system, please?
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    ............................... $8.99 .com $8.99 .net $8.99 .org....................
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  • Profile picture of the author davejug1
    So this one paid off big, what about the other 1800 you are holding?

    Good ROI though.
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    • Profile picture of the author pow999
      Originally Posted by Chris Kent View Post


      Care to share your email template? Are you messaging via the LinkedIn system? Are you buying credits?
      pm sent
      Originally Posted by davejug1 View Post

      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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    • Profile picture of the author daj
      Originally Posted by davejug1 View Post

      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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      • Profile picture of the author pow999
        Originally Posted by daj View Post

        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.
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  • Profile picture of the author veheme
    Congrats! Might help if you share some tips or observations.
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  • Profile picture of the author tmoby
    Wow! I never really thought about the domain game. This by it's self makes it worth while looking into!
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    • Profile picture of the author 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.
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  • Profile picture of the author RySpencer
    Thanks for sharing this.
    I am not in the domain name games... but what is "hand register"?
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    • Profile picture of the author Lucy Writes
      Originally Posted by RySpencer View Post

      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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  • Profile picture of the author 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.
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  • Profile picture of the author 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!
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  • Profile picture of the author 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

    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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  • Profile picture of the author charlier
    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.
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    • Profile picture of the author pow999
      Originally Posted by Lucy Writes View Post

      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 View Post

      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 View Post

      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 View Post

      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 View Post

      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 View Post

      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 View Post

      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
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      • Profile picture of the author tedw
        Originally Posted by pow999 View Post

        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?
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  • Profile picture of the author Mosa
    Great job with that. Keep up the good work and build your domaining empire
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  • Profile picture of the author sbucciarel
    Banned
    Originally Posted by pow999 View Post

    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.
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    • Profile picture of the author pow999
      Originally Posted by fluffythewondercat View Post

      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 View Post

      Congrats ... nice sale.
      thanks Combination of hard+smart work "PAYS"
      Originally Posted by Mosa View Post

      Great job with that. Keep up the good work and build your domaining empire
      Thanks. A long way to go. "KEEP WALKING"
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  • Profile picture of the author 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?
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    • Profile picture of the author Gene Pimentel
      Originally Posted by aaaa33030 View Post

      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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      • Profile picture of the author Daniel Evans
        That's a nice return!

        Good job!


        Daniel
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        • Profile picture of the author pow999
          Originally Posted by Gene Pimentel View Post

          Because they didn't think of it.
          BANG ON
          Originally Posted by Daniel Evans View Post

          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
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  • Profile picture of the author 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
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    • Profile picture of the author pow999
      Originally Posted by Global Warrior View Post

      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
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  • Profile picture of the author wiljep
    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.
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  • Profile picture of the author Krisz Rokk
    Awesome, Congratulations! Never thought the domain game had such benefits. Keep up the good work.
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  • Profile picture of the author 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.
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    • Profile picture of the author pow999
      Originally Posted by Gene Pimentel View Post

      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
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  • Profile picture of the author Davon
    Wow nice job, congrats...
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  • Profile picture of the author 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.
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    • Profile picture of the author Gene Pimentel
      Originally Posted by Deepak Media View Post

      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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  • Profile picture of the author Fking
    I like your approach with linkedin!
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  • Profile picture of the author Simon Ashari
    @OP

    Hope you do well selling the other 1800 domains.
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  • Profile picture of the author Adgo57
    Lucky Guys ! I'm jalous
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    • Profile picture of the author Gene Pimentel
      Originally Posted by Adgo57 View Post

      Lucky Guys ! I'm jalous
      It has nothing to do with luck. Learn. Burn. Earn.
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      • Profile picture of the author 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?
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        • Profile picture of the author KabirC
          Originally Posted by LilBlackDress View Post

          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.
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          • Profile picture of the author salegurus
            Originally Posted by KabirC View Post

            It wasn't a group he contacted people from, it was his connections.
            Where did he say that?
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    • Profile picture of the author cashp0wer
      Great job on this investment! You did wonderful with this. Keep going and you can make more and more!
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  • Profile picture of the author AAManager
    Originally Posted by pow999 View Post

    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?
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    30-50% RevShare - Special Niche Market

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  • Profile picture of the author achukuttan
    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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  • Profile picture of the author khanhkunt
    a business method so great, congrat for u
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