Each and everyday you hear stories about some name getting
thousands of dollars from the buyer. You also jump right
into the game of domaining and hope for that lucky day to
arrive when someone might get interested in your domain name.
Right?
The main problem with newbies over here is that they do
very less research and start spending their money on useless
names. After 6 months or a year their moral goes down the
drain and they are back where they were but with lighter
pockets then before.
Some people get into the trademark mess. They get sued by
trademark holding company and then they show their temper
openly on forums and other message boards.
Some can't even monetize their domains to get the renewal
fees for the upcoming period.
If you have 4 or 5 domains then you can surely shed the
amount from your own pocket. But when the figure goes around
100's and 1000's it is very hard to renew the domains for
the future.
My advice to newbies would be to stick at 25 to 50 domains.
They can earn for 10 or 20 renewals per year if your names
are below average. Some domain might get you more revenue
and it can fill the gap for you. Ultimately the main thing
is to not lose a domain for nothing. You should at least
get its registration fees from it. This will not start downfall
of your domain empire which you want to build. 1 dollar loss
is also a big loss if you have more then 100 or 500 domains
in your domain portfolio.
So what kind of domains you should buy?
Choose wisely on which name you are putting your money.
Three characters .com's are creating a lot of chaos right
now in the market. Their prices goes sky high in domain name
aftermarkets. Generic dictionary words are also long gone.
New TLD's are not so stable right now, dot-com still rules
the internet. You might get lucky in some other TLD's but
I wouldn't advice you if you are new in the game.
4 letters have 456976 combinations from AAAA to ZZZZ. Of
them only around 5000 are left. Which is of course the garbage.
What do we do now if we still want to get out feets wet
in this?
Look for some guy who is willing to sell his domain for
less. There are plenty of places to find this kind of domains
available for sale at lower prices. You can go to forums
specially created for this kind of discussions. If you don't
know any then here is the one http://www.nameslot.com Go
there look for some domains which might fall under our category
and then approach the seller. Here also lookout for trademark
issues and blacklisting for that particular domain. You can
generally get this info from doing a whois search for that
domain here http://www.whois.sc
Keep your eyes and ears open for latest news. It might shed
some light and you might be the lucky one who grabs that
name for just registration fees and sell it for 1000's. Work
on them and get every cent out of them. This will keep you
in the game. The main thing over here is not to win the game
but to be in it and be till the last.
Hope this helps you get started on your journey to the way
towards selling you name for millions.
For more info logon to
http://www.nameslot.com/
