How to Buy and Sell Domain Names 101: How I Sold a Reg Fee Expired Dot Com for €500.00 within 72 hours!
Friday, January 4, 2013 12:25
Good day Friends and welcome back. 3 months ago on GoDaddy Auctions I purchased an expired dot com and sold it within 72 hours from the day it was transferred to my account.
On a daily basis I search through thousands of domain names to find the next expired dot com that would make me a profit. Not everyone knows how to buy a domain name or find the right expired dot com to renew; it takes numerous years for some to learn the basics of Domaining. Fortunately you have me and don’t need to spend years learning what took me almost a decade to learn.
Rule #1: Buy dot com only!
Rule #2: Don’t buy domain names to sell to Domainers!
I only buy dot com’s because that’s what it takes to sell a domain name to your average end user. Small businesses don’t have the kind of money you want for your domain name! They are cheap and don’t want to spend money on marketing!
Dot com is the only quick solution in making money as a Reg Fee Domainer. Veteran Domainers got it easy because they were smart enough to register dot com’s early in the game. Their philosophy on selling domain names works well for their level of Domainers not for us! We don’t have the luxury to sit on our domain names and hope for an end user to offer us $5000 or more for our domain names.
During the pre-purchase phase you need to do your homework and analyze the domain name your about to register or purchase. The minute the domain name is in your account, you need to point the domain name to your landing page or parked page. Next you want to add your domain name to GoDaddy’s auctions with a fixed price that is set at a minimum of 1000-1500% higher than your asking price that you set for End Users that your about to contact!
Since GoDaddy is the largest domain name registrar in the world, it could mean only one thing! More End Users use GoDaddy to register domain names! If your domain name is not listed for sale at GoDaddy auctions than your chances of selling your reg fee domain name for a premium price is slim!
You always need to price your domain names for two types of end users!
End User #1 is the average buyer who only pays up to $499 dollars.
End User #2 pays $1000+ for your domain names.
Know who your emailing when your contacting End Users, always over price your initial asking price in your email to End Users by 25% to 65%. End users from my experience will always counter offer when they are interested. I do sell domain names at full price but not often!
Below is a GoDaddy discount coupon for registering dot com’s for $2.95 until the end of January, click on the link below:
Until my next Domaining Article, Happy Domaining.
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Posted in category 2013 Go Daddy Discount Code, 2013 Go Daddy Discount Coupon, Buying Domain Names, Canadian Domainer, Domain Name News, Domainer, Domainer Article, Domainer Blog, Domaining, Domaining Article, Domaining Blog, Domaining News, Domaining Tools, End User, End User Sales, Expired Domain Names, How Not to Sell Your Domain name, How to Buy Domain Names, How To Buy Expired Domain Names, How to Counter Offer, How to Email End-Users, How to Price Your Domain Name, How to sell your domain name, Landing Page Template, Registering Domain Names, Selling Domain Names, Toronto Domainer, Weekly Top Domaining Headlines
Tags: Buying Domain Names, canadian domainer, domain name for sale, domain name forums, Domain Name News, Domaining, Domaining Article, domaining blog, domaining blogs, domaining news, Expired Domain Names, godaddy, godaddy auctions, godaddy discount code, godaddy discount codes, how to buy domain names, how to email end users, how to find end users, how to sell domain names, how to sell to end users, most secure domain name registrar, premium listings, reg fee domains, Selling Domain Names, Toronto Domainer
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