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The Odds of Buying Your Domain Name

by shaunixlol
8 replies
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Out of curiosity, I would like to know anyone who made a sale when you placed your domain name on auction.

I recently just placed a domain I own named "myeasyprofit.com". Would that be a profitable name?

I just need opinions.
  • Profile picture of the author Thomas Wilkinson
    I sold exactly one on Yahoo auctions in the last year. Two, with small sites, on Flippa. I do much better with my own efforts. Go up to the War Room and search out a thread by Gene Pimentel. If its still there you can learn a lot from that thread.

    Thomas
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    When you hear someone telling you what YOU can't do, they are usually talking about what THEY can't do.
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    • Profile picture of the author shaunixlol
      Originally Posted by Thomas Wilkinson View Post

      I sold exactly one on Yahoo auctions in the last year. Two, with small sites, on Flippa. I do much better with my own efforts. Go up to the War Room and search out a thread by Gene Pimentel. If its still there you can learn a lot from that thread.

      Thomas
      Thank you so much! I'll most definitely do that. I really hope it sells, but I guess my price is steep.
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      • Profile picture of the author Kay King
        I guess my price is steep.
        What is "steep"? You registered that domain last month - so why would it be worth a lot more 30 days later? That's confusing to me.
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        Saving one dog will not change the world - but the world changes forever for that one dog
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        • Profile picture of the author seasoned
          Originally Posted by Kay King View Post

          What is "steep"? You registered that domain last month - so why would it be worth a lot more 30 days later? That's confusing to me.
          A number of people feel that ANY domain, ESPECIALLY if it has words, has a lot of value. Of course, a domain in itself has little base value, and for words, this one is borderline, in my opinion. The words seem to limit the market, aren't often said but are generic, etc... I COULD maybe see paying dozens of dollars. Hundreds? I doubt it. Then again, there IS that burning match theory!

          Steve
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  • Profile picture of the author seasoned
    BTW shaunixlol, you COULD make it maybe worth thousands by having a nice program that is useful on it with relevant data. Even a wordpro site with well written articles in a nice, or better, a good commercial site. Of course, it is BETTER if it has a good continuous evenue stream. So:

    $7 name
    $100 software
    data
    bringing in maybe $30/month or $360 year

    Someone may pay upwards of $1200 for the package. Of course that could take several hours or days worth of work. And maybe a couple months to build a pattern with a nice trend.

    Steve
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    • Profile picture of the author shaunixlol
      Originally Posted by seasoned View Post

      BTW shaunixlol, you COULD make it maybe worth thousands by having a nice program that is useful on it with relevant data. Even a wordpro site with well written articles in a nice, or better, a good commercial site. Of course, it is BETTER if it has a good continuous evenue stream. So:

      $7 name
      $100 software
      data
      bringing in maybe $30/month or $360 year

      Someone may pay upwards of $1200 for the package. Of course that could take several hours or days worth of work. And maybe a couple months to build a pattern with a nice trend.

      Steve
      I suppose you're right. I should write articles about monetizing and whatnot. I never thought of using it and hopefully selling it after. Thanks!
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  • Profile picture of the author Justin Says
    Domain names aren't usually worth anything really.

    If you can make a profit with the website or build a brand around it or something of that nature, then you have something to worry about.
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    My name is Justin Lewis. My digital marketing company has been in business for over 10 years with multiple six-figure years. We do provide a premium web design service.

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  • Profile picture of the author jays
    Hello,
    I came across a domain name, 9years old with 8K monthly searches - $250 .
    is it worth buying ?
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