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Following a process in any business always comes in handy. If you are in the domain investing business, here is a way to make money on your drops:
Following this method, you could make at least the reg fee back on some names (if they are not too bad). Just by doing this, you could make some money that could be put back and get you that one name that sells and could be your upward spiral.
As they say, 'One man's trash is another man's treasure'.
Do you do this? If you do, well and good. If you do something better, pls share your thoughts and strategies.
- Invest in good extensions and decent names
- List all your names on all the platforms possible
- Sometimes different pricing on different platforms help
- For whatever doesn't sell and you are planning to drop, plan at least 2 months in advance before the expiry date
- List your names on NameLiquidate with Dutch auction
- If it sells, good. If not, list it on NamePros for fixed price + bulk pricing
- If fixed price also doesn't sell, auction the name starting $1
Following this method, you could make at least the reg fee back on some names (if they are not too bad). Just by doing this, you could make some money that could be put back and get you that one name that sells and could be your upward spiral.
As they say, 'One man's trash is another man's treasure'.
Do you do this? If you do, well and good. If you do something better, pls share your thoughts and strategies.