Lot of smart people on here who have proven success with building and selling domains, the below is for you.
Initially I was going to be fully focused on my website this year but when I crunched the numbers on this experiment it got me thinking.........
For the last (just over) a year I have been dabbling with getting domains that meet certain requirements
Sample size of 40 domains and 3 have sold that meet certain metrics which equates to a 7.5% sell through rate for this mini test portfolio
All domains where bought for less than $20 each and sold for mid xxx - low x,xxx so the test has been profitable
Now I am wondering if I scale up to 400 domains that follow the same metrics is it worth doing? By my reckoning that could equate to 30 domains sold - I do understand there is no guarantee the sell through rate will be the same and wonder if my sample purchase size is to small to make this kind of decision and whether I should keep it simple and test out another 40 over the next 12 months to see what happens?
Out of the remaining 37 domains - I have had offers and price requests on a further 5 which I plan to or have renewed, plus a few others that are getting type in traffic.....
All in all this not a huge experiment, just testing the waters with it and in the grand scheme of things amounts to not a lot but I am curious if this the way you can scale a portfolio to give it a better chance of success....
Any opinions, advice on the above or how to scale a portfolio in a sensible manner etc etc would be appreciated......
Initially I was going to be fully focused on my website this year but when I crunched the numbers on this experiment it got me thinking.........
For the last (just over) a year I have been dabbling with getting domains that meet certain requirements
Sample size of 40 domains and 3 have sold that meet certain metrics which equates to a 7.5% sell through rate for this mini test portfolio
All domains where bought for less than $20 each and sold for mid xxx - low x,xxx so the test has been profitable
Now I am wondering if I scale up to 400 domains that follow the same metrics is it worth doing? By my reckoning that could equate to 30 domains sold - I do understand there is no guarantee the sell through rate will be the same and wonder if my sample purchase size is to small to make this kind of decision and whether I should keep it simple and test out another 40 over the next 12 months to see what happens?
Out of the remaining 37 domains - I have had offers and price requests on a further 5 which I plan to or have renewed, plus a few others that are getting type in traffic.....
All in all this not a huge experiment, just testing the waters with it and in the grand scheme of things amounts to not a lot but I am curious if this the way you can scale a portfolio to give it a better chance of success....
Any opinions, advice on the above or how to scale a portfolio in a sensible manner etc etc would be appreciated......
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