Moniker Announces John McLaughlin as New Chief Operating Officer

Hello and Assalamo Alaikum,

Recently I moved out all my domains from Moniker to a different registrar and thousands of domains have been moved out in lately. There will be heavy workload on John McLaughlin which has just been appointed as new chief operating officer of Moniker. For more details, below is the press release:

“We’re excited to announce a new addition to the Moniker executive team, Mr. John McLaughlin who will assume responsibility as our new Chief Operating Officer. John brings over 25 years of experience to the team and we are thrilled to welcome him aboard.

“I’m excited to join Moniker at a time when there is tremendous value in improving operations,” commented Mr. McLaughlin. “Moniker has always been a great service provider for domainers and internet professionals alike. The new management platform represents an industry leading solution that we plan on developing further to deliver security and value added services. Restoring trust in our operations is my primary goal and I am confident we can fully deliver on that promise.”

John’s mission will be to improve quality management and process development so that we can more effectively bring better products to market. John’s wealth of knowledge will balance customer concerns with resource allocation to streamline operations while improving strategy and execution. As a new member of the executive team, we will utilize his abilities and management expertise to push Moniker forward while delivering products that better meet customer needs and expectations.

The Moniker Team”

Although all my domains at Moniker were pushed by SnapNames from where I won domain auctions. I wouldn’t like to keep my domains there but I wish them all the best in their future endeavors.

Recent Domain Sales

recent-domain-salesHello and Assalamo Alaikum,

As mentioned in my previous post where I shared parking revenue for October 2014, I promised to share couple of domain sales I completed last month.

First I sold HomeBird.com for $4,500 which will be soon reported in DnJournal next weekly sales report. I bought this domain in three figs several years back. Transaction was really smoothly done and dusted. Previous to this inquiry for HomeBird which turned into successful sale, I had received a total of 14 inquiries. I never thought of receiving that many inquiries until the deal was completed.

Next sale was out of nowhere really. As you know at the start of this year I have myself stopped contacting endusers and wants them to show their interest in buying my domain. But previously I used to send hundreds of emails trying to sell my domain and one was for the domain Jyden.com which I sold for $2,000. I initially contacted the buyer almost 3 years back but the buyer wasn’t satisfied going through Escrow.com and wanted to send money through bank which was acceptable. Still they had problem and asked if they could send $1,000 in between the domain transfer process and remaining 1k after the domain is transferred to them. I refused and the talk stalled there. I tried to educate them as best and our discussions took place for at least couple of months but of no use…

Last month they came back and wanted to proceed with Escrow.com and I was happy to go ahead and finish off. Not a big sale but it was more of a surprise sale for me. Both domains were acquired some years back in three figs each.

Feel free to share your views on those sales and have you made any sales recently?

Parking revenue for October 2014 and other updates

Parking-revenue-for-October-2014-and-other-updatesHello and Assalamo Alaikum,

There wasn’t much changes in parking revenue for September so I thought to skip it this time and move on to October parking revenue which was quite better.

Total visitors – 135,000+ (10k increase from the previous month).

Total clicks – 4,500+ (not much changes).

Total parked domains – 800 (An increase of 50 domains).

Total revenue – $650 (some improvement).

Top 5 niche which made the most – Games, Health, Photography, Cooking, Music.

$$ made on a single day – $31

RPM – $6.02 (Almost $1 increase in overall RPM).

CTR – 4.57% (Little drop in this one).

So now I have 800 domains under my portfolio and as per my 5 goals to reach by this year, I have to get 1,000 domains by the end of Dec 2014 which to be honest seems not quite possible. One of the main reason is I don’t see that many good domains dropping due to which I am unable to buy quality names. Also the prices have gone much higher and many crazy people are overpaying for domains which are worth far less than what they actually ends up paying for it.

Also, there is political unrest in my country and I am very much focused on this issue and sometimes I have forgot to bid on domains at the last minute. I can count this one of the reason for which chances of having 1k domains at the end of this year seems low.

Last month I lost at least one domain in auction due to electricity outage which is very much normal in my country. In summer, 15+ hours electricity is shut off even in big cities like mine. This is frustrating specially when I wanted to bid at the last minute of auction and finds out myself on the losing side because of this reason. Time is up for our corrupt politicians who are currently leading our country and they have come into power by fake votes. My prayers are with Imran Khan whom everyone wants to come into power and In Sha ALLAH we will see him in action by next year when midterm elections will be held and all corrupt politicians will be held accountable.

Stay tuned for my next post where I will share couple of my domain sales completed last month.

What has been your parking revenue for October 2014? Made any sale recently which you would like to share?

AbdulBasit.com is now 2 years old

AbdulBasit.com-is-now-2-years-oldHello and Assalamo Alaikum,

Time really flies and it’s over 2 years since the launch of AbdulBasit.com and when it completed the first year I wasn’t aware at all. But this time I thought to remember it and still missed the shot. I still can’t believe it’s over 2 years and it’s an amazing journey. I would like to thank specially those friends like Jason Thompson, MarkKonstantinos, Paul, Tauseef, Michael Law, Vincent who shook hand with me when my blog was relatively new and gave me respect. Also big thanks to Francois of providing me the platform to share my views, experiences about domains. It’s a great feeling to have my blog at Domaining.com. I may have missed few more to list down.

And without my loyal readers and specially the commenters, it would not be easy to operate the blog. You guys are the boosters and are always needed.

During this period, I saw many ups and down in domain business. Learned many things from fellow friends in domain space. It all started when I acquired AbdulBasit.com and I wanted to share my experience and how I operate my domain business with everyone else and to grasp knowledge from fellow domainers. Although English language is not my preferred language which was a barrier for me to start off at the very beginning but gradually things got smooth and steady.

Pheenix.com domain backordering service review

pheenix-backordering-companyHello and Assalamo Alaikum,

I haven’t published previous month’s parking revenue and it will be done by next month which will have combo of two months together.

It’s been several months since I have started backordering domains at Pheenix.com seriously. The word ‘seriously’ was added because when Pheenix.com was launched I jumped in to see the new service but it didn’t work in my favor because almost every time someone had already placed the backorder and that time Pheenix was taking backorders on first come first serve basis. I am always in favor of such system so I was trying my best to place backorders as quickly as possible.

When they got known to many of the domainers, they changed to auction system similar to NameJet and Snapnames since the start of 2013-08-01. I got an email from the CEO Tan Tran letting me know that from now onwards Pheenix will allow multiple backorders on domains.  For all domain names caught after 2013-08-01, if there are multiple backorders placed on the domain, then a 3 day private auction will be held.  Only customers that have an active backorder on the domain name prior to the domain name being caught will be allowed to participate in the private auction.

I just stopped backordering because I was attracted towards them with first come first serve basis and later it was changed. Tan was good enough to offer me 2 additional backorder credits which I refused to take at that time and took my credit back.

I still see the competition is a touch low at Pheenix compare to other platforms which are known to everyone but since I am sharing with you guys, the competition is going to be stronger now 😉

Fast forward today, I am actively using their service and quite happy with their success ratio. I would strongly suggest to use them along with NameJet and Snapnames to backorder domains.

What’s your experience with Pheenix and how things go with you while using that company to backorder domain names?