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New Domain Marketing Service

BAM!!!! - Another one bites the dust...

EBI.co.uk - thought I had the .uk, I don't :(

Sold for 1k - bought it from DL I think for about 200-210 ish...

so let's call it 800 profit....

No offers in today though :( for any other domains yet...
 
ChicagoHomeTutoring.com

This was marketed on Monday - got an offer in just now for 100USD....

This time, I'm going to try talking them up to 150 and see what happens....
 
Are the very low offers as a result of you specifying a price or ballpark range? Or are the initial solicitations silent about price?
 
@DomainManage is it possible to order the marketing service without domains being parked with you?

Did you answer @Edwin 's question regarding promoting GBP prices in the UK?
 
BAM!!!! - Another one bites the dust...

EBI.co.uk - thought I had the .uk, I don't :(

Sold for 1k - bought it from DL I think for about 200-210 ish...

so let's call it 800 profit....

No offers in today though :( for any other domains yet...

EBI.co.uk for 1k thats trade price these days way to cheap !
 
Here we go ....

Well maybe it was. But it wasn't a trade price....

Latest sales on DomainLore:

PST.co.uk & .uk - 795
PEW.co.uk & .uk - 505
MEE.co.uk & .uk - 605
RFI.co.uk &.uk - 515

So not really sure on the trade price thing....

Edwin, hello mate. It's a mix. In some instances, I specified price, others just said name was for sale.
 
I've had a couple more offers on other domains marketed, but I'm a bit hesitant to say them - simply for the fact that there's going to be this question of 'you could have got more..' 'you should have got more'....

Truth is maybe, but I'm a numbers guy. It's all about % returns and bird in the hand. If I'm making 400% within 12 months (or less) to me it's a no brainer. The thought of waiting around to potentially make 4,000% is madness (to me)...simply because the opportunity cost of waiting is too great. Too many deals slip by, and too many flips can happen in the interim.

But I'm a trader by profession - so that's the filter I look at this commodity with. Buy low, sell high....Rinse & repeat.....

What I'm enjoying about this service is that there's research happening. That not only does an email from them break the ice for when I do have to follow up - it at least plants the suggestion. I've started to think of outbound emails like radio ads. Some people just need to be told about it a few times before they're like - 'ah gotcha. Gotta buy'.

Now I'm not a full time domainer. Just a bit on the side. It's another income stream. It's another field i want to try and be great at. But I have zero emotional attachment to any of my domains - and I don't depend on the income, which I feel, gives me greater clarity when I have to make decisions.

I'm fully aware that there's a ton of super smart domainers in this forum. Some of whom live and die by their talent in this field. And I know when I was posting the initial forum that at some point someone would think the prices are too cheap. But it's profit!!! That's my point.

I'm not one to talk about degrees of profit, because the argument of degrees of greed would then come in.

Degrees of profit is a good problem to have - but to me profit is all I'm looking for.

Given I've had 3 end user sales this week, 2 potential more in the pipeline, 3 deals done on DL, a few bulk deals to fellow domainers - this could be a 2k week (profit) for me....So, I decided to book some flights to Marbella, book a flat for a week, so my little boy doesn't have to run around a hotel room and rent a car. That's pretty much used up all my profit but that's ok.

I guess what I'm trying to say is, sitting here now, holding my flight tickets to Spain for next month, looking at a picture of the Air BnB that I've booked, looking at the June Weather report for the region - it's going to be pretty hard to convince me that what I'm doing isn't working.....Works just fine for me. Buy low, sell high, rinse, repeat - free holiday :)
 
My business partner is my accountant :) But thanks ......

I've started mixing it up a bit now. only because now i'm getting a bit more geared towards sending out bulk emails. Still testing. Now sure what works best, whether I sell myself or whether it's better DMS go in and say 'a client of ours would like to sell .......''

Need to do some more deals, but definitely we're keeping a close eye on this metric too. Will keep you updated when we've figured it out either way.
 
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Wise words in general, though I guess like all of us you've also got to factor the carrying cost of what you don't sell as that eats into profit. Anyway, I really appreciate the level of detail you've been sharing with us - it's refreshing to see such a comprehensive breakdown, with numbers and everything!
 
@WineLoverLondon, it's always good to see newer members on the forum who stick around, learn as they go along and end up getting some good results. So many people join, post some terrible domains for sale or have an attitude problem when they ask for an appraisal and then don't like what they hear. Domaining is getting harder but those who stick at it can still do quite well if they are willing to evolve so i'm glad it is starting to pay off for you now.
 
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@WineLoverLondon, it's always good to see newer members on the forum who stick around, learn as they go along and end up getting some good results. So many people join, post some terrible domains for sale or have an attitude problem when they for an ask for an appraisal and then don't like what they hear. Domaining is getting harder but those who stick at it can still do quite well if they are willing to evolve so i'm glad it is starting to pay off for you now.
thank you!
 
Thank you for sharing your experiences with DM in such detail and with facts and figures.
I wish you all the best.
 

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