Why buying domains privately is better than other available options

Why-buying-domains-privately-is-better-than-other-available-optionsHello everyone,

I feel it’s an interesting topic to share and discuss with you.

I have been actively buying domains through auctions like GoDaddy Auctions, NameJet, SnapNames no matter they are expiring, buy out, privately listed, etc. But there is one more way to acquire domains quite easily and without any trouble. That is to buy domains privately.

Now there are few points right now on my mind which makes me feel more comfortable buying domains privately.

1) Chances are to get reasonable price because the seller won’t require to pay any commission to middleman (broker) or any companies like Sedo, Afternic. These companies charge 10-20% commission which sellers must pay so many times if the seller is regular in this business he will up his asking price by 10-20% depending on the platform where the commission structure varies. So once you go directly there is possibility of getting straightaway discount in the range of commission they would be paying to those companies.

2) It’s completely hassle free because buying domains through an auction is to wait till you win the domain. No matter what the time is. Chances are to lose as well because some buyers don’t have idea what the real value of that domain is (reseller value) and overpay for that domain. You can be the victim too by outbidding him and winning the domain. At the end you will pay more than you were willing to and will face difficulties in selling at decent profit.

3) One more important thing while making private purchases is the negotiation tactics. You have to be very patient and never show your desperateness for that particular domain. You know there are few domains I bought privately which took me more than 1 year to acquire from the previous domain owner. The more patient you are and have negotiation skills, the more chances to get that domain with lowered price.

There can be some more advantages of buying domains privately. If you come across any, feel free to share. Also do you agree with me on above points?

Some funny domain inquiries I received in last few days

Hello everyone,

I would like to end this week quite nicely and share couple of funny domain inquiries I received over the past few days…

Some-funny-domain-inquiries-I-received-in-last-few-daysSome time ago I bought an expiring domain through auction… May be through GoDaddy Auctions if I am correct… So last week I was contacted by the possibly previous owner. Now here I am using the word possibly because I am not 100% sure if he was the real previous owner of that domain. So his initial email was in broken English so I will correct and place here:

“This domain is mine and i don’t understand why you propose it”

My response was simply to acquire this name please submit an offer. The funny part came in his next response:

“I don’t propose anything, because, it is my website name !!”

Hahaha. This was really funny reading out. He will not propose anything because he still thinks it’s his domain name. My response was very simple that sorry you are no longer the owner of this domain. The next response was nothing but silence πŸ˜‰

Second funny email was the inquiry about hotel niche domain. There was no message so I asked him to make an offer. There came the biggest offer of US$20 πŸ˜€

I politely told him that five figure offers will be considered.

His response was “hahaha”.

I didn’t respond him because I felt it’s time waste because that domain already makes more than double his initial offer every month. Normally I feel it’s good way to educate potential buyers but not to those who are not serious enough to understand what’s the value of domain name is.

I hope you enjoyed it. Feel free to share your views and any similar funny inquiry you have received over the time.

Thanks for coming and reading.

GoDaddy.com releases new domain control panel / domain manager

Hello everyone,

I hope you had a nice weekend. It was much better weekend for me as I went for fishing with my friends. Overall, it was good.

Okay, back to the topic. I actually found GoDaddy coming up with new domain control panel / domain manager with more great features and user-friendly access. It looks clean and smooth.

new-godaddy-control-panel

I like many things about the new release of domain control panel. One of the best thing is I can see all my domains at once page and don’t require to go on Page 2, 3 and so on.Β  Simply scroll down at the bottom of your domains list and it will show all domains. Also when you click on any domain like it shows in above snapshot you can scroll your move over “More” options to get several shortcuts more quickly. You may click the picture to enlarge it.

Another thing I like is the whole page doesn’t refresh when you make any changes to the domain. Only the domains area gets refreshed and that too very quickly as compare to the previous control panel where whole page used to load and had many complaints of having the control panel operating too slowly. Overall, I am very happy with the new features, the look, swiftness, etc.

And one last thing which was really time saving and cool feature is to find the domain from the starting letter you wish to search. As you can see in the screenshot right at the bottom which says 0-9 A B and so on… If you click on letter “K” it will show the domains start from K. You don’t need to scroll to page 2 or 3 where your domain starts from K.

Have you tried using their new control panel yet? How is your experience and would rate it? Have I missed anything which is more useful feature in their new release?

New record in parking revenue by reaching nearly US$500 for May 2013

New-record-in-parking-revenue-by-reaching-nearly-US$500-for-May-2013Hi everyone,

May 2013 was an amazing month in terms of parking revenue. I wasn’t expecting much because didn’t made any changes or added lot of domains under my account. Very few domains were added in the whole previous month. I think the CPC was nice and saw a touch better CTR as well. Both the combination made just US$450.

My plan is to reach US$1,000 mark in parking revenue for the month of January 2014. I know it’s long way to go and will definitely be a huge achievement for me. I know there are some big boys making one grand every day from parking but I don’t compare myself to them because the number of domains and quality is the difference.

I am happy with my progress with the goal almost half reached. I don’t want to make one month for 1k and next month dropping back to US$600-800 range. Consistency is the key and my plan to hit the US$1,000 mark is to keep making that amount consistently.

Care to share your parking revenue of this month? Also any feedback on my parking revenue?

Sold another .com domain in four figures

Hello everyone,

It was a nice last week. I am sure you have understood why I am saying this after reading the post title πŸ˜‰

Sold-another-.com-domain-in-four-figuresI bought MonsterLoans.com in 2010 for the total cost so far was US$44.45 and sold it last week for US$2,990 through Afternic BIN. So the return on investment was 6626.66% which looks good yeah. I bought this domain through GoDaddy Auctions.

I first received price request at Afternic for this domain in January this year. I set the price and forgot about it. So I am not sure if the person who requested price was the buyer this time. It’s over 3 months so it’s quite difficult to gauge.

Until now the WHOIS is showing on GoDaddy TDNAM Holding with Administrative contact of “Buyer Unreachable”. I am not sure who have bought this domain. I will update this post once I see any changes to the WHOIS.

What’s your feedback on this sale? Sold for right price or left money on table?