Maximinus
Established Member
- Impact
- 2,263
Hello fellow domainers,
Many in this forum deliver battles and argue about different pricing and sales strategies over the years. This results in confusing and misleading content over the whole forum. Many glorify multimillion domain deals on the other hand many preach the importance of high sales ratio.
The terms "domaining" and "domainer" are rather large. Many struggle to understand these terms hide two very different in their nature archetypes. Domain sellers and domain investors.
In my humble opinion there's two different mindsets: Flipping(Commercial approach) and Collectors (Investment) approach. Let's take a look at them!
Flipping is a business model which is profit focused and is only viable if it generates good enough sales rates. A "flipper" can invest in geodomains or in certain niche domains. He often sales agresivelly and uses outbound campaigns. Flipping can lead someone to cybersquatting and trademark issues if he's not trained, uneducated or simply malicious. The flipping strategy may consist of niche handregistration, followed by outbound campaign to potential endusers and letting expire all unsold inventory.
Many of the new domain extensions are focused on flipping with low registration and high renewal prices.
Collecting consists of having the best domains rather than immediate profit. Inflation hits many and entire sectors of the economy are colapsing these days. Domain investing can protect ones wealth. I'll give an example here. In order to sell a domain like Voice.com for 30 millions, one must refuse an offer of 29M and be willing to wait for another 30 years or so for a simillar buyer. To achieve such a sale performance one must be confident of the domains transcendent value.
Many will argue here there is no such opportunities nowadays and all the great names were taken at the very beginning of the web. But this is false. Many great brands are yet to be born. The technology boom on internet is only starting.
Selling and investing are both viable strategies, if applied in consistent and conscious manner.
There is nothing written in a stone of course. One may collect certain domains, while very well flipping others. All that matters is to understand there is a difference.
What type of domainer you are? Do you invest in domains or you sell for profit? Am I missing something? Please, share your thoughts!
Greetings
Many in this forum deliver battles and argue about different pricing and sales strategies over the years. This results in confusing and misleading content over the whole forum. Many glorify multimillion domain deals on the other hand many preach the importance of high sales ratio.
The terms "domaining" and "domainer" are rather large. Many struggle to understand these terms hide two very different in their nature archetypes. Domain sellers and domain investors.
In my humble opinion there's two different mindsets: Flipping(Commercial approach) and Collectors (Investment) approach. Let's take a look at them!
Flipping is a business model which is profit focused and is only viable if it generates good enough sales rates. A "flipper" can invest in geodomains or in certain niche domains. He often sales agresivelly and uses outbound campaigns. Flipping can lead someone to cybersquatting and trademark issues if he's not trained, uneducated or simply malicious. The flipping strategy may consist of niche handregistration, followed by outbound campaign to potential endusers and letting expire all unsold inventory.
Many of the new domain extensions are focused on flipping with low registration and high renewal prices.
Collecting consists of having the best domains rather than immediate profit. Inflation hits many and entire sectors of the economy are colapsing these days. Domain investing can protect ones wealth. I'll give an example here. In order to sell a domain like Voice.com for 30 millions, one must refuse an offer of 29M and be willing to wait for another 30 years or so for a simillar buyer. To achieve such a sale performance one must be confident of the domains transcendent value.
Many will argue here there is no such opportunities nowadays and all the great names were taken at the very beginning of the web. But this is false. Many great brands are yet to be born. The technology boom on internet is only starting.
Selling and investing are both viable strategies, if applied in consistent and conscious manner.
There is nothing written in a stone of course. One may collect certain domains, while very well flipping others. All that matters is to understand there is a difference.
What type of domainer you are? Do you invest in domains or you sell for profit? Am I missing something? Please, share your thoughts!
Greetings