M8.com sold for $75,500 at SnapNames

M8.com-sold-for-$75,500-at-SnapNamesHello and Assalamo Alaikum,

I was in an auction for the domain M8.com at SnapNames and it ended up selling for $75,500. Although it seems the payment is still pending so will need to wait and see who actually the new owner is. I will update this post once the hand changes. Great domain though. Number 8 is always favorable among Chinese.

Do you think it was reseller or an enduser price?

UPDATE – I found the buyer of M8.com is the same guy who is using bidding alias “first” at NameJet and buying mostly every LLL.com and other high quality names. This guy is shelling out thousands of dollars every day. It seems a Chinese buyer and they are heavily investing in domains.

Exciting News to help you sell more domains!

Hello and Assalamo Alaikum,

I just received an email from Afternic which might be interesting to you.

“Sell your domains registered with Wild West Domains using Afternic’s Fast Transfer DLS.

It’s Fast, Easy and Secure.

Dear AbdulBasit,

We noticed you have xx domain names registered with Wild West Domains. We’ve got some great news for you: They’re now eligible for Afternic Premium Promotion.

Exciting-News-to-help-you-sell-more-domainsWild West Domains has joined our network’s growing list of participating registrars. Now you can increase sales and get higher prices by reaching the broadest small business base available. With Premium Promotion, your domains will be listed on 100+ reseller websites; including WildWestDomains.com, eNom.com, and many others.

With Fast Transfer, your domains are transferred instantly when they sell. We take care of everything, so you can simply relax and enjoy your earnings (which will get to you even faster than before).

Just log into your account to list your domains with Premium Promotion. Or, simply contact our customer service team if you’d like a little listing assistance.

Sincerely,

Afternic Customer Service
service@afternic.com
Toll Free 866-351-9586
International 781-839-7990″

I don’t use Afternic much and I might have sold couple of names to date. Also I haven’t listed all my domains there. If any one can share their successful experience with Afternic would be nice to understand more deeply.

My review on Uniregistry.com domain name registrar

Uniregistry, Uniregistry registrar, cheap and best registrarHello and Assalamo Alaikum,

More than a year back I wrote a post about reviews on some registrars through which I have dealt with and GoDaddy being my preferred registrar until last month but since than my priority has been changed and I have moved more than half of my portfolio to new registrar Uniregistry.com which is operated by Frank Schilling who also runs DomainNameSales where 99% of my domains are parked.

I would like to share my new little experience with Uniregistry and why I decided to move all my domains to them although right now 65% of domains are moved and the rest will be completed in next couple of months time In Sha ALLAH.

Frank Pavilonis (Account Executive) made me aware of their service and features which were quite impressive and I was able to make the decision quite easily. As everyone knows it’s not an easy task to move hundreds of domain out to a new registrar and get use to of their control panel.

Now let me tell you in detail so that will help you in deciding whether to register/transfer domains at Uniregistry.

First couple of issues for me were pricing and security and Frank was kind enough to provide me special registering/renewal/transfer pricing for the extensions I was most interested in such as .com, .net and .org. I can’t reveal what exact pricing I am offered but I would strongly suggest you to contact frankp@uniregistry.com (Frank Pavilonis) and see what they have offer for you. Overall, I am quite satisfied with their pricing customized for me.

As for security, I have always felt insecure at GoDaddy because they don’t offer two way authentication in most part of the world and my country is one of them. At Uniregistry, they offer 2 step verification after which I feel completely secure in terms of domain stealing. I always wanted this feature and it was one of the key feature which tempted me towards them.

As everyone admits that GoDaddy domain manager operates very slow but here you will find it pretty fast and I am very much satisfied making such decision.

Another major benefit is having live chat support with the entire team of DNS including the one’s at Uniregistry so you have any issues can just talk to them. Everyone is very friendly and cooperative. I found the entire team very helpful including the tech guys behind the scene as well as Frank Pavilonis.

For many of the domain investors the two most important things are security and pricing, both of which are provided at Uniregistry. They also offer free WHOIS privacy service which personally I don’t care as that is not a feature I am interested in…

Feel free to share your experience/feedback with Uniregistry if any. You can also ask questions directly or get in touch with Frank whose contact details are mentioned above.

Please note: this is NOT a paid post.

Four Figure Domain Sale and Parking Revenue for August 2014

Hello and Assalamo Alaikum,

I think one domain sale a month suits me well. At the very start of this month I completed another sale for $5,000. I know many people who read about my last domain sale were not quite happy when I didn’t disclose the domain name. However, let’s share the name with you this time 😉 The domain was Spadille.com and there was a decent profit made from it. The inquiry came several months back and when I don’t follow up for 30 days the inquiry is automatically assigned to one of the DNS brokers and they try to keep in touch with the potential buyer and gives their best to make it successful sale at the end.

Once again the domain was sold through DomainNameSales.com brokered by Derek Marshall (first sale with Derek) and hopeful to make many more along with him. He handled nicely and I appreciate his support and friendly manner. Also I can never forget Escrow.com from where the deal was completed at the end. One thing I tell my friends that in my country banks get robbed and your lockers are not safe but when you deal with Escrow.com, your money is in safest hands and you don’t have to worry at all 🙂 Thanks DomainNameSales, Escrow.com and the entire teams of both.

Now I would like to share parking stats for August 2014.

Total visitors – 122,000+

Total clicks – 4,500+

Total parked domains – 725

Total revenue – $550

Top 5 niche which made the most – Games, Health, Music, VPN, Music

$$ made on a single day – $35

RPM – $5.17

CTR – 4.8%

There is one domain which is banned by Google and that received 27,000+ visitors with zero clicks and it was all paid per visitor and I have added those visitors in the above stats and excluded RPM and CTR from that. CTR and RPM went down and in actual revenue went down too because I added 25 domains but the revenue remained same so there should be some improvement and I will have to look into this issue as well…

What has been your parking revenue for the last month? Made any sale recently which you would like to share?

A tip which will increase the response rate of your domain inquiry

A-tip-which-will-increase-the-response-rate-of-your-domain-inquiryHello and Assalamo Alaikum,

As many of you know that I have stopped contacting endusers myself at the end of last year. There are couple of reasons behind that. One of them is that I want the endusers to reach me directly rather than I go after them because the number of inquiries I receive each month is quite satisfying after which I don’t need to chase after them. Secondly, you have an upper hand in handling that inquiry when someone approaches you at first. Because there are some instances when you contact a person and ask them to give their offer first. Occasionally that makes the other person furious at you and tells you to throw out your asking because YOU initially contacted them.

I have been in domain business for several years and have done many tests and trials while sending emails and always screening as to which one works better. After doing careful research I found out that by simply adding a question to your reply can definitely increase the response rate.

For example, instead of just asking the enduser to present their offer in $x,xxx range or throwing out an asking price, you can always add a question at the end along with your reply which makes this as a whole “I will certainly entertain offers in mid four figures. Would you like to present an offer in that range?” Even if the next person is not interested, the reply will most probably comes quickly.

Another example is when a person is too lazy to respond or taking enough time to finalize the deal, you can always inform that the offer is valid for 7 days or until the end of this month. Plus you can ask “when shall we expect the transaction to finish off?” or “do you think we can wrap up this deal by the end of this week?”

Such questions not only give you clearer picture about the buyer’s seriousness but also saves your time by knowing if the person A is not serious, you can quickly reach out person B (if there is any on your waiting list) and proceed further with your communication/negotiation. This way you will not lose the person B who will not need to wait for lengthy period of time. Because we have seen many times that buyer is looking for several alternatives while trying to acquire domain for their business.

This doesn’t guarantee the increase of domain sale but surely going to help you in moving ahead quickly.

For me, this has been working perfectly and the response rate is much higher than before. If you are using this tactic, feel free to share your views on this. If not, give it a try and post your comment in this regard and let others knows.