Archive for October, 2023

Another random 4L .com domain sale

Hi everyone,

Today I’m very pleased to share that I sold another 4L .com domain in 5 figures. Before I share any details, I wanted to say that I’ve close to 450 4L .com domains, most of which are random letters combinations similar to the one I sold.

Also to note that I’ve heavily invested like well into 6 figures to build such a size of quality 4L .com domains.

Coming to the sale, the domain in question is GWMS.com which sold for $29,888 via Afternic BIN a while back.

According to NameBio.com, this domain was sold in 2008 via NameJet for $150 and then in 2018 for $621 and that’s the amount I paid for in 2018. So the hold time for this was a little more than 5 years.

The interesting thing is in 2020, the price I set was $9,888. In 2021 I priced it $50,000 and kept the same price until early March 2023 when I changed it to $19,888. But with the recent price change in the last couple of months, I revised the price to $29,888. I’m happy with the current sold price. It’s a lot better than $9,888 and $19,888 😀

Feel free to share your recent sales and if you’ve any feedback to give regarding this sale.

Thank you!

Major changes to the domain portfolio

Hello everyone,

For the last couple of months or so, I was pretty busy playing around with the domain portfolio which as of today just crossed over 8,900 domains. I’ve worked hard in repricing almost the entire portfolio and have slashed it down from 20% to 60%. I saw incredibly good results last month which I believe was due to this change. However, to my surprise, I’m seeing exactly the opposite result this month. This shows how unpredictable the domain business is and how much one has to be patient to keep it going.

More than half of the sales happened for the domains I recently lowered the prices which shows that this tactic has worked very well. But I was wondering the reason behind the slowness in sales this month. I had 17 domain sales last month which is the most in numbers to date! So far this month there have been 3 sales and half the month is already over!

In January 2023, I’ve had a little over 8,100 domains and at NamePros I shared this:

“I’ve some 42% of domains priced at $9,888 and above.

Remaining some 58% are priced between $1,988‐$6,888.

My STR in 2022 was around 1.5%

My average sale price last year was over $6,000.

Had the worst year (2022) considering the numbers and quality of domains.“

As of today, a little over 68% of the domains are priced between $1,988-$6,888 which is a major change from the start of this year considering the addition of 800+ domains so far. Only 31% of domains are now priced at $9,888 and above unlike 42% in January 2023. I’m fully confident of seeing some great results in the coming months due to this major change. I’ll try to share the results.

It would be nice to know how sales have come up for you in the last couple of months and so far this month?

On the other hand, I plan to share my sales more actively starting next year. I know many of my readers are anticipating that and I won’t disappoint you all.

Thank you!