Archive for the ‘Domain Investing’ Category

How to make or lose a fortune in domaining – Escrow.com

Posted by AbdulBasit Makrani on February 14th, 2016

Hello and Assalamo Alaikum,

I received following email from Escrow.com which I wanted to share and it’s really interesting specially for the domainers.

Average-Domain-Name-Price

“Did you know that the average growth of domain prices has been in excess of 7.3% per year over the last 10 years? 4-letter domains rise even faster, 9.3% growth per annum over the last 10 years.

 
Here are some extraordinary results we’ve seen in the past:

– RaiseTheMoney.com was bought for $80.55 and sold for $12,500 in 4 months

– BuyShares.com was bought for $2,444 and flipped for $15,900 in 6 months

– PirateShip.com was bought for $1,500 and sold for $20,000 just 21 days later

However, one of the biggest risk to this amazing growth is the risk of losing a domain to fraud and chargebacks.

A chargeback happens when a seller uses a stolen credit card to buy a transaction, and the seller is forced to repay the credit card’s real owner. When you’re trading domains, PayPal and your bank don’t protect you from most frauds or chargebacks.

Escrow.com protects you and your business against fraud and guarantees zero chargebacks.

Ready to start building your business without the risk of fraud?”

 
This year I have started buying LLLL.com domains more aggressively as long term investment and surely they are going to pay off well. I still see these LLLL are undervalued especially Western letters and I am going more after them.

I find these stats really impressive. What do you guys think about it and the future?

Posted in Domaining, Domain Monetization, Domain Investing Tags: , , 10 Comments »
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Updates on Pheenix domain backordering service

Posted by AbdulBasit Makrani on September 8th, 2015

Hello and Assalamo Alaikum,

I have some updates to share about Pheenix – domain backordering company and I fear there will be some people who will stop using their service because starting 19th September 2015, they are going to make public auctions similar to DropCatch which in my opinion isn’t good idea because why one should waste time in finding and placing backorder when others are doing the job. You can simply jump into the auction at the last minute and take over if the domain is coming under your budget. Anyhow, below is the entire email I received from the CEO of Pheenix:

Updates-on-Pheenix-domain-backordering-service

 

 

 

 

 

 

“We’ve been hard at work and have made further updates to our system.

  1. We now support Alipay deposits!

This has been in the works for a while and we are glad that we can offer this great feature now for our customers.

  1. We’ve made our auctions easier and simpler. 

Effective Today Sep 7, auctions now start at the backorder price.  When the auction is over, you only pay the auction ‘high bid’ amount.

Before auctions started at 0  and then people would bid.  If the ‘high bid’ ended at $5 then the total price would be $5 + $18.95 = $23.95.

Moving forward, the auctions will start at $18.95.  Once the auction ends, you only pay for the ‘high bid’ from the auction.

We are in a transition period so some auctions which started prior to Sep 7 still have the old architecture, however, after Sep 10 all auctions should follow this guideline.

  1. Public Auctions coming September 19th. 

All domains that have multiple backorders on it will now be available for Public Bidding for any backorders being released on or after 2015-09-19.

As a precondition, if someone did not have a backorder on the domain name prior to it going to auction, their minimum bid is at least $59 in order to participate in the auction.

Thanks for being a great customer and we’ll have more exciting news coming very soon.

Tan Tran

CEO Pheenix, Inc.”

Do you think these changes will have any impact in future for the regular users of Pheenix?

Posted in Domaining, Domain Investing Tags: , , 14 Comments »
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New domain backordering service – KQW.com

Posted by AbdulBasit Makrani on March 28th, 2015

 

Hello and Assalamo Alaikum,

Recently I came to know about new domain backordering service KQW.com. Looking at the domain, I thought the service will be from Chinese company and I wasn’t disappointed 😉

New-domain-backordering-service-KQW-com

One of their representatives contacted me and asked me to try their service just few days back and since that time I have placed several backorders with them. So far no success but I have seen them catching few domains.

What I have learned so far is you may place backorder but will need to pay upfront which isn’t what I really like. One good thing is they offer private auctions and don’t let others to jump in at the very last minute. They need to improve their language interface because when I see the English version of their site, I still find Chinese language written all over. For example visiting the auction rules and FAQs page.

If you surf their site, you will find many .cc domains running in auction and it shows they are good at catching .cc domains than .com one’s. So far they are offering backordering service for .com, .net, .org, .cc, .tv, .biz, .me domains.

As they seems to be new in domain backordering, still they have more than 20 registrars offering a backorder service for expired domains.

KQW.com are quite affordable as they only charge as low as $20 per domain name. Their interface is simple and user-friendly.

You may also check the other domain backordering companies I have used so far.

Feel free to give them a try and let us know if you are successful in grabbing any domain with them.

Posted in Domaining, Domain Monetization, Domain Investing Tags: , , , 8 Comments »
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How can you judge this craziness?

Posted by AbdulBasit Makrani on March 7th, 2015

How-can-you-judge-this-craziness

Hello and Assalamo Alaikum,

Before I write anything I just wanted to make things clear that I have no hard feelings for the winning bidder (mkrules) of the domain name hobb.com which was recently concluded at NameJet.

It was no reserve auction and the minimum bid to participate in that auction was at regular price $69. If someone mistypes the minimum bid before the auction gets start, you are free to withdraw and delete from your account. In this case, the bidder placed $7,777 as his starting/minimum bid even before the auction gets underway. I thought he will change the price because as far as I have tracked this guy is purely domainer and not a newbie or enduser.

As the auction got started, no one had the courage to bid higher than that and eventually mkrules was declared as winner. I think he is going to pay for that as he owns several thousand of domain names.

Now the interesting question is what was the need of placing such high bid even though it was no reserve auction and he could have got for a lot lesser.

The only reason I can think off could be he mistakenly typed that bid but that doesn’t seems to be the reason because there is another auction going on for ankles.com for which the same bidder has given initial bid of $5,555 whereas he could have given $239 to get into auction.

Once again I wanted to clear that I have nothing against that bidder but if he really needed that domain than at least he should have placed initial bid with $69 and $239 respectively in both auctions and later he may have placed proxy bid of $7,777 or whatever he is comfortable at. In my opinion, he would have still got for a lower price because the next highest bidder was at $1,000.

Can any one explain this madness as to why someone is throwing away his money for no good reason. At least I can’t see or think of any 😉

Posted in Domaining, Domain Investing Tags: , , , 36 Comments »
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Start backordering .org domains with Pheenix.com

Posted by AbdulBasit Makrani on March 3rd, 2015

Hello and Assalamo Alaikum,

There is some news to share with you guys about Pheenix.com

In past we could place backorders for .com/.net/.tv/.cc domains at Pheenix but now you can place backorders for any .org domains as well. This is great addition to their system as the cost for .org is $24.95 if you are the only bidder.

Start-backordering-.org-domains-with-Pheenix.com

 

 

 

 

 

 

 

Secondly, they are working on new drop catch system which will increase the catches and that system will be operational soon.

I knew something was going on internally at Pheenix because these days I am seeing they are unable to grab single .com domain but I am still adding domains for backordering. Cannot take risk of not placing BO as I am not sure when they start catching domains again 😉

However, in past Pheenix used to beat all big boys in drop catching service. Now it’s clear that something is coming up which hopefully will be better than before.

Now a days all good domains are caught by auction houses which are doing public or private auction and among all I like Pheenix better because I see less competition out here compare to all other auction houses.

On a side note, I have won some good domains through Pheenix and I am quite happy to own those domains.

Hope this helps and have a great day!

Feel free to share your feedback and tell us whether any of you tried backordering .org domains and what was the result.

 

Posted in Domaining, Domain Investing Tags: , , , 4 Comments »
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