How Many Of You Are Domaining Full Time?

[Nametra.com]

Hi, All:

How many of you are domaining full time as your primary source of income?

For the FT domainers, how many domains are in your portfolio?

Many of the more successful and well-known domainers seem to have relatively large portfolios (i.e. over 5-6k domains).

Looking at the numbers, at a 1% sell through rate (which I was told by an Afternic rep is average), it seems you need to have a fairly large portfolio to net a six-figure income.

For Example:

Thanks for your feedback!


Andy

 

[AEProgram]

Many do a lot of things full time because they cannot find a job

 

[dotcorner]

How do you address your acquisition costs? Or is this model based solely on hand registering domains? As an example, if you paid $50 each on average to get the names, at 500 names you are already negative 25k.

I’m a spreadsheet guy, so definitely going to take this and build on it, thanks.

People need to remember to take out commissions as well 2k sale price is net $1600 at someplace like Afternic.

Just the simple hand-reg acquisition cost.

Further parameters can be build into it.

 

[meslam479]

@Recons.Com Could you please elaborate further how to calculate the weighted/adjusted number of domains, I'm struggling with calculation?

 

[redemo]

You're right...domaining isn't just about selling. And yes, if you're fortunate to own straight high quality, fantastic. With regards to "COM", yes its the dominant. I'd venture and play with other credible extensions to mix it up (outside of COM) if it was desirable enough. Again, no arguments there. Regarding the amount of domains, yep...I think it would be a headache owning A LOT of domains for me...like thousands (I think I'd hate it, even if I miraculously made it work)

Quality. What is quality ?

noun

" 1. the standard of something as measured against other things of a similar kind; the degree of excellence of something. "

I would say quality is more about the key word than the extension. One of the keys to domaining is considering your audience. Does the average person care if it's dot com, or dot net, or dot org, or dot io, or dot xyz, or dot co ? I don't think 90 % of people actually care. They just want a solution to a problem, an answer to a question or a quick fix. Here in the U.K. we prefer dot co dot uk but anything that looks legit will be accepted. Don't obsess about dot com. You'll find plenty of gem keyword domain names at much lower prices which get the job done just as well, especially if you are developing for profit or/and onward sale.

 

[redemo]

Hi, All:

How many of you are domaining full time as your primary source of income?

For the FT domainers, how many domains are in your portfolio?

Many of the more successful and well-known domainers seem to have relatively large portfolios (i.e. over 5-6k domains).

Looking at the numbers, at a 1% sell through rate (which I was told by an Afternic rep is average), it seems you need to have a fairly large portfolio to net a six-figure income.

For Example:

Show attachment 213481

Thanks for your feedback!


Andy

Is your question inclusive of all domainers or just the ones selling undeveloped domain names. For example I always have less than one hundred domain names in the old portfolio at any one time. It is not a question of volume of domains but rather a question of keywords search volume of each domain name. Since I develop most of my domain names ( circa. 90 % ) in order to gain advertising revenue in the mean time and sell developed domain names at a later date. In any case I don't think the number of domain names you own has anything to do with your likely profitability. It's all about quality, and in my case that quality is measured in keywords search volume. I am not currently a full-time domainer but I was in the past and hopefully will be again this year or next year.

 

[redemo]

To sells domains as a sole source of income is quite something. Even the veterans within the community, and professional domainers as a whole, are always doing something else (citizens of the internet, always tinkering away with something)

Domaining is not only selling mate. Agree or disagree ?

Domaining is a love for me, than a sole source of income. I've been involved with domaining for a fair while, owning "under" 100 domains at a time, which is tiny compared to those that are serious.

Disagree. You can be a successful domainer owning under one hundred high quality domain names.

This year I'd like to step it up by buying some very specific "COM' domains (a small handful), that I've set a budget aside for. I'd like to look at development.

Kudos bro !!!!

The quality at present that I own isn't at a standard for me to consider development. If I was to put blood, sweat and tears into something I love, I'd want to at least have a small bandwagon of higher quality domains, for it to be viable

For that you don't need to obsessively use dot com domain names. There are plenty of high quality domain names you can build on with alternative domain name extensions. It's the quality of the content that brings you rewards in the development sphere. Only domainers seem to obsess about dot com. Most consumers just want a fast solution to a problem. Give them that and your bank account will thank you.

A 1 to 2% sell rate is fair. Assuming you have the the quantity, and the quality

Again quality is the key. Quantity is a far off secondary consideration, as well as an administrative headache. Successful people usually develop something of value to others.