Archive for January 21st, 2025

The consistency of inconsistency

Hello everyone,

Happy New Year to everyone and I wish every reader of my blog the very best 2025 and well wishes!

Before I start the post, I would like to thank Matt Morgan for sending a gift for me and my family. You made our day special!

In 2023, I observed from my portfolio the inconsistency was a lot more in sales. It varied a lot from month to month. That made the process of buying domains also unstable. Since most of my purchases are in 3 and 4 figures, the cash flow is very important. I had a long-term plan to add more quality domains in order to reduce the inconsistency and it worked according to the plan.

However, in 2024, things changed a lot worldwide as well as for my domain sales. I consider last year a wonderful year with plenty of ups and downs, learnt a lot of new things, made plenty of decent sales and friends in our community.

Overall the year was great in terms of sales but I wanted to highlight a couple of months both of which were surprising. November 2024 was the worst month in many years (in terms of total amount of $$$) where I sold 11 domains only. The very next month, in December 2024, there were a total of 25 domain sales. The amount of sales were well opposite and I can tell you that it was a 6 figure sales month and pretty decent. If I take off those 2 months off from the comparison, I can clearly say that there was a lot less inconsistency in sales. Thanks to Afternic brokers, my rep Adam Ramsdell and the entire team who made the process go smoothly.

A few things I worked upon in getting things improved were the number of quality domains added to the portfolio which was over 1,500 last year. Also, I lowered the prices for almost all of the domains in my portfolio.

What I’ve learnt over the years is that in order to reduce the inconsistency, one needs to increase the domain portfolio size. I can clearly witness that by adding more domains have reduced the inconsistency of sales. I give a lot of importance to the consistency factor which is very important to be successful in anything I want to achieve in life whether it’s on a personal or business level.

Feel free to share your experience if you encountered severe ups and downs last year.