Beginners Luck or failure ?

[kierongibbs]

Hi im just learning the ropes and trying to learn and take it all in but i guess you have all been there.......bought some domains wonder what they are exactly worth .....can someone reccomend what i should do with 15 new domains i have bought , would you say put them straight in auction ? any help most appreciated thanks Kieron

 

[accelerator]

Where are you going to auction them?

I would also advise not buying any more domains until you have learnt how to identify valuable domain names.

Rgds

 

[boxerdog]

why not list the names here

 

[kierongibbs]

How to get a valuation or best place to try and sell

Hi thanks for the replies i have been studying the various formats and tips before i bought the domains and i guess i wanted to see if i am on the right lines to either try and get a value or rating of the names. I guessed the easiest way would be to try and sell them and see what they are worth. Does anyone know a site where you can get a valuation on domains. I see from a lot of the lists on names sold sedo seems to pop up alot for a site to sell would this be the right site to try an auction them ? any helps would be most appreciated

 

[retired_member13]

Kieron,

Post your names in this thread and you'll get some pretty quick feedback as to their value, or lack of it. Domain appraisals are subjective, and it's certainly not worth paying for them for newly registered names.

Regards

 

[kierongibbs]

Thanks TY will do, do you use any free valuation guestimate services on the net for .co.uk names ?

 

[retired_member13]

No.

Hence my earlier reply.

 

[kierongibbs]

thanks for reply do you prefere to sell for a price or do you use an auction site to sell your domains ?

 

[accelerator]

Hi thanks for the replies i have been studying the various formats and tips before i bought the domains and i guess i wanted to see if i am on the right lines to either try and get a value or rating of the names. I guessed the easiest way would be to try and sell them and see what they are worth. Does anyone know a site where you can get a valuation on domains. I see from a lot of the lists on names sold sedo seems to pop up alot for a site to sell would this be the right site to try an auction them ? any helps would be most appreciated

Yes, you could let the market decide the value and put them on Sedo. If you park them there you will need to publicise them otherwise unless the names are very good it's unlikely anyone will notice them. When you're starting out, any sale you can make is good, there will always be other domaining opportunities.

IMO setting a price will greatly increase your chances of a sale, because people know where you stand. You do risk underpricing if you are a newbie, but at least you start making sales. You can always start with a high fixed price and reduce it until someone bites.

Rgds

 

[grantw]

The only place you're going to get an honest answer as to whether you've wasted your money or not is on here. List the domains!

Grant

 

[kierongibbs]

any ideas on price

hi anyone got an idea on price rough idea

choiceisyours.co.uk Online
whatdoyoupay.co.uk Online

 

[Edwin]

People may humour you, but a straight answer may save you from wasting more money. I don't see either of those names being worth anything. You have to get inside the head of a potential buyer and say "why would they want THIS name?" and in both cases they're not commercial, generic keyphrases.

Beware of anyone saying "regfee", that's a myth that refuses to die...
The Lies That Persist In The Domain Name Industry

 

[retired_member13]

I'm afraid I'd not register them if they were free.

 

[kierongibbs]

any idea of value

ok how about something like

any ideas if these would be worth a punt

watchback.co.uk Online
www.watchitback.co.uk
watchitback.com Online

thanks for the help cheers Kieron

 

[kierongibbs]

any ideas on price for auction

would something like slotplay.co.uk Online be better worth anything ? any ideas

 

[kierongibbs]

sorry without the online part at the end

 

[retired_member13]

Let me put it this way. you registered these names yesterday. In the 15+ years that people have been registering domains no-one has ever seen enough value in these names to spend registration fees on them in all that time. I really can't see that changing in the future- these phrases don't really mean anything, and no-one is searching for them.

I'd say do your research, learn about the industry and see what's selling and for how much before you waste more of your hard earned money. Speculation is fine, provided some of the names you're buying have value, but these really don't have any value.

 

[crabfoot]

Those "watch" sites could be useful as service sites along the lines of hidemyass .com

I'm not the person to give you a value, but if I can see a use, it often prompts the more experienced users here to suggest that the sites are worth something ...

 

[Edwin]

Ty's got it spot on, and I'm giving it to you straight too. None of those are commercial terms.

If you really want to try and register a name that's worth something it MUST match a product or service. Anything else is a "brandable" and it's little more than a lottery ticket. Please read "The Lies That Persist In The Domain Name Industry" on my blog (linked in my previous post in this thread).

Here's a couple of examples to show you what I mean (both were domains I registered from scratch in the last week or so):-
dieselcompressor/co/uk
oxygenchamber/co/uk

Neither is guaranteed to sell for "big money" to an end user, but both exactly match high-priced products for which there is at least modest demand (going by the keyword tools). So they're in with a chance as the "gamble" part drops right out of the equation: I don't have to gamble that they will have "meaning" to some company out there.

Unless you've got money to burn, best to register a lot less and read a LOT LOT more at first! Good luck.

 

[Systreg]

@ Kieron, as Edwin pointed out, you would be better of searching for commercial generic product names that are searched for regularly on Google, examples like headboards, mountainbikes, gardenfurniture, duvetcovers, bedsheets, creditcards, bankloans etc.

They're all names that can be used to sell products online via affiliate links and/or feeds, and if you have a generic name that starts earning revenue from affiliate product links, the value of the domian will increase due to that.

When you are thinking of a name, think to yourself, how would I monetise that name, who is going to search for the exact term that my domain name describes. You can use tool like the Google keyword tool to give yourself an idea of how many people search for an exact term each month in the UK and globally, go here:

https://adwords.google.com/select/KeywordToolExternal

On that page, enter an example search term such as "duvet covers", on the next page you are presented with various drop down menu's, make sure the one called Match Type is set to exact and then hit the get keyword ideas button, when the page loads, it will show you the amount of UK searches for that exact term last month, as well as the global searches for the same term.

Using the "duvet covers" as the example, you can see that the term was searched for in Google this many times:

201,000 exact searches UK in July
1,000,000 exact searches globally in July

Now, imagine if you owned duvetcovers / co / uk like a certain member above does, lucky git

Now, if you can get that domain to number 1 in Google for the term "duvet covers", people searching for that term click the first link in the the search results 56% of the time according to a recent study, it was 58% in another study I read.

Now imagine the converted sales from 56% of 201,000 visitors visiting your site selling duvet covers, it doesn't take a brain scientist to work out that whilst they might not be the most expensive items to buy, the potential volume of sales makes it a very nice site to own, as Edwin would tell you, that's the power of generic domain names!