Imagine to sell your domain for millions?
The main trouble with starters over here is that they do very little search and beginning spending their cash on worthless names. After six months or a year their moral comes down the drain and they’re back where they were but with lighter pockets then earlier.
Some people get into the trademark mess. They get sued by trademark holding company and then they show their temper openly on forums and other bulletin boards.
Some can’t even monetize their domains to get the renewal fees for the upcoming period.
If you have 4 or 5 domains then you can surely shed the amount from your own sack. But when the figure goes around a hundred and a thousand it’s really hard to renew the domains for the future.
My advice to starters would be to stick at twenty-five to fifty domains. They can earn for ten or twenty renewals annually if your names are below average. Some domain might get you more income and it can fill the gap for you. Ultimately the main thing is to not lose a domain for nothing. You should at least get its registration fees from it. This will not start downfall of your domain empire which you want to build. 1 buck loss is also a big loss if you have more then 100 or 500 domains in your domain portfolio.
So what kind of domains you should buy?
Choose wisely on which name you are putting your money. Three characters .com’s are creating a lot of chaos right now in the market. Their price goes sky high in domain name aftermarkets. Generic dictionary words are also long gone. New TLD’s are not so stable right now, dot-com still rules the internet. You might get lucky in some other TLD’s but I wouldn’t advice you if you are new in the game.
4 letters have 456976 combinations from AAAA to ZZZZ. Of them only around 5000 are left. Which is of course the scrap?
What do we do now if we still want to get out feet wet in this?
Look for some guy who is willing to sell his domain for less. There are plenty of places to find this kind of domains available for sale at lower prices. You can go to forums specially created for this kind of discussions. If you don’t know any then here is the one nameslot Go there look for some domains which might fall under our category and then approach the seller. You can go to any other forums that sell domains name. DN Forum is great choice dnforum.comHere also lookout for trademark issues and blacklisting for that particular domain. You can generally get this info from doing a whois search for that domain here whois.sc
Keep your eyes and ears open for latest news. It might shed some light and you might be the lucky one who grabs that name for just registration fees and sell it for 1000’s. Work on them and get every cent out of them. This will keep you in the game. The main thing over here is not to win the game but to be in it and be till the last.
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