5 goals I have to achieve in 2014

Hello and Assalamo Alaikum,

Although only couple of months have passed for this year but I wanted to share some goals I want to achieve this year.

1) I want to have 1,000 domains under my portfolio by the end of Dec 2014.

2) To earn US$1,000 in domain parking every month from Jan 2015. Although I have listed my goals for 2014 but the domains I will gather till December will be making parking revenue in the month of January 2015.

3) Make at least one big sale of six fig5-goals-I-have-to-achieve-in-2014ures.

4) I publish very few posts each month but always wanted to increase the numbers quickly. However, my aim is to hit 200 mark by the end of this year. I know it’s easy to publish crappy stuff here and there but I want to share only good stuff which has something to learn from it.

5) This is my personal goal not related to domain. To gain weight and reach 72 kgs. Right now it’s just 63 kgs.

Care to share your own goals set to get by the end of this year?

Another domain sold through DomainNameSales.com for high four figures

Another-domain-sold-through-DomainNameSales.com-for-high-four-figuresHello and Assalamo Alaikum,

This is my 100th published post so please congratulate me 😉

As you can read in one of my previous post where I mentioned of holding domains instead of selling them for quick cash. I want to squeeze out maximum money from each domain so that I don’t regret later on for selling it for lower price.

Just a few days back I was able to successfully sell another domain with DomainNameSales.com broker Phillip Hutauruk. The lead was from GoDaddy. The communication and the way Phillip Hutauruk handled the deal was really nice and I appreciate that. Although there was 20% commission but still I made good money on that. The domain was .com and it’s small town in Europe. It was sold for $7,500.

The same time I received email from broker at Afternic wanting the same domain. I knew it would be same buyer. The max offer from Afternic was $4k.

Once the domain was transferred to buyer’s account I am unable to see for what purpose he bought it. I will keep an eye on that.

I would recommend everyone to use Domain Name Syndication option at DomainNameSales.com which definitely increases the number of inquiries and chances of selling more domains.

Any feedback is welcome no matter how good or good they are 😉

SnapNames Has Been Acquired by Web.com

SnapNames-Has-Been-Acquired-by-Web.comHello and Assalamo Alaikum,

I received an email from the CEO of SnapNames which was surely mass distributed among all SnapNames customers and partners. Here is the email which will give you better idea of the acquisition:

To SnapNames Valued Customers and Partners:

It is my pleasure to announce that SnapNames has been acquired by Web.com (Nasdaq: WWWW) from KeyDrive S.A. Web.com is a leading provider of Internet services and online marketing solutions for small businesses. SnapNames joins the Web.com family of companies including two of the world’s largest retail registrars, Network Solutions and Register.com.

As a valued customer, we want you to know that we expect our business with you to be “business as usual.” You will continue to work with the same SnapNames team under the same terms and conditions that were in effect prior to the acquisition – under my leadership.

Since 2000, SnapNames’ technology defined the global domain name aftermarket by providing customers convenient access to domain names across all categories, including expiring, deleting and privately-owned. This success was accomplished with your support and we sincerely thank you. We believe the addition of SnapNames to the Web.com group will further expand our overall global partnership channels.

As we move ahead in the integration of the two businesses, we ask that all current SnapNames customers and partners continue to use their existing contacts. SnapNames and Moniker will continue to cooperate similarly to how they have in the past.  Domain names currently accessible through the Moniker interface will remain accessible through that interface.   We will promptly communicate any changes as they are made available. For support contacts, hours and portal access please continue to visit: https://www.snapnames.com/support.jsp.

Thank you for your continued business and support.

Regards,

Craig Snyder
CEO, SnapNames“

I have been using SnapNames.com for several years most probably for domain backorders. They are still good at catching names but there have been tremendous competition grown over the period of last some years. Lot many new domainers jumping in this game every now and then…

Do you think it will have any kind of impact on the regular/non-regular customers of SnapNames? Any comments are welcome.

Sold first domain through Name Syndication feature of DomainNameSales.com

Sold-first-domain-through-Name-Syndication-feature-of-DomainNameSales.comHello and Assalamo Alaikum everyone,

As mentioned in my previous post about my recent domain sale for which I would like to share little bit of. It was CVCV.net bought in 3 figs and sold for 4 figs. Not a big sale at all but still I was happy to fetch money for a .net domain I was not hoping to sell that so quickly. I mean .net are slow and selling CVVC.net in four figs is something nice. This CVCV was a name of person as well. Unfortunately I won’t be disclosing the domain for some reasons.

But let me tell you one interesting thing which for me is really a big achievement. I am getting over 40 genuine domain inquiries each month but as you can see I have sold just one domain this year. The main reason behind that is to get maximum $$$$ I can fetch and/or with the team of DomainNameSales.com. Right now I am in the position of holding my inventory for quite some time even I don’t make any quick cash and still buying out domain names.

Generally I don’t invest in LLLL.net domains but this was nice looking CVCV.net and bought last year. I just checked my portfolio and found that I have few more CVCV.net domains.

As you know I have already enabled the feature of domain syndication with DomainNamesSales.com so I can receive inquiries through GoDaddy and DomainTools which are automatically forwarded to DNS team and if the domain is sold the commission of DNS is fixed 20%.

The interesting thing about this deal was I received email from Phillip Hutauruk, Domain Broker from DomainNameSales.com as what I am asking for this domain because they had an interested buyer for it. I simply replied with giving 100% freehand to ask any amount he thinks is worth and can sell it!

Just after 3 days I got an update from their transfer specialist the domain being sold for $x,xxx and I can proceed by simply pushing the domain to their GD account. The rest formalities were completed in next couple of days.

I am quite happy with the price domain sold for and they deserves 20% commission because they make the process so swiftly and keep things crystal clear.

Normally I provide them my asking price or get their suggestion based on which we decide what to ask but for very few domains I just toy around and see what will be the outcome.

Another thing I liked about them is the faith they had in me. They could have stop moving forward before getting price from me but they simply moved on when I gave them green signal to ask any amount they think my domain is worth of.

Hats off to Phillip Hutauruk, Helki Weber (domain transfer specialist) and the entire DNS team for being so friendly and keeping things very simply.

January and February 2014 domain parking revenue updates

Hello and Assalamo Alaikum,January-and-February-2014-domain-parking-revenue-updates

I just forgot to post the January revenue stats so I decided to put two months update together.

It’s been quite nice start off to new year for me. Didn’t sold a domain until last week (for which I will make a separate post) this month but was still happy with how things were going. Parking revenue is getting better as I am adding more domains to my portfolio all the time. As mentioned in one of my previous posts I have now over 500 domains and for the last two months January and February 2014 I am making over $500 p/month.

So now I can see the consistency in parking revenue quite a bit because when there is revenue in $500 range for the last 3 months there is some consistency but this must be growing because I am always adding some domains every month to my portfolio. Still my buying strategy is to buy domains which can sold down the road at high profit and don’t care if there is not much type-in traffic because I want to make big chunk out of that domain instead of making pennies every day. It looks like this strategy is paying off well to me slowly but steadily…

Any comments and feedback is welcome no matter how good or good they are 😉